Competition and Cooperative Bargaining Models in Supply Chains

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ISBN 13 : 9781601985576
Total Pages : 67 pages
Book Rating : 4.9/5 (855 download)

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Book Synopsis Competition and Cooperative Bargaining Models in Supply Chains by : Fernando Bernstein

Download or read book Competition and Cooperative Bargaining Models in Supply Chains written by Fernando Bernstein and published by . This book was released on 2012 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition and Cooperative Bargaining Models in Supply Chains provides an overview of the basic multi-firm models studied in supply chain management. The authors look at how the literature uses non-cooperative game theory to analyze these models and considers how some of these models can be analyzed using a cooperative bargaining framework.

Cooperative and Non-cooperative Game Theory Models in Supply Chain Management

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ISBN 13 : 9781321020694
Total Pages : 123 pages
Book Rating : 4.0/5 (26 download)

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Book Synopsis Cooperative and Non-cooperative Game Theory Models in Supply Chain Management by : Yuhong He

Download or read book Cooperative and Non-cooperative Game Theory Models in Supply Chain Management written by Yuhong He and published by . This book was released on 2014 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis addresses issues in supply chain management through cooperative and non-cooperative game theory models. It is composed of three essays. The first essay aims to understand how competition in supply chains would impact joint selling partnerships among complementary component suppliers. It models competition from two perspectives: brand competition generated from the existence of multiple partially substitutable brands (or suppliers) for a particular component, and retail competition caused by decentralization among retailers who assemble suppliers' components into final products and sell them to customers. The second essay studies how the durability of the end product and the purchasing behavior of end consumers, in terms of consumer's forward looking behavior and patience, affect the alliance decisions of complementary firms. It also comments on how results are affected by scenarios like manufacturers directly selling to the end consumers or them having multiple alliance formation opportunities. The third essay employs a bargaining framework to investigate a manufacturer's preference over its retailers' market composition within a supply chain. In addition, it also aims to understand how such business relationships are influenced by the bargaining approach, dominant retailer and competition from other supply chains providing similar competitive products.

Vertical Cooperative Advertising in Supply Chain Management

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Publisher : Springer
ISBN 13 : 3319116266
Total Pages : 167 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Vertical Cooperative Advertising in Supply Chain Management by : Gerhard Aust

Download or read book Vertical Cooperative Advertising in Supply Chain Management written by Gerhard Aust and published by Springer. This book was released on 2014-12-05 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book methods from Operations Research and Game Theory are used to determine companies’ profit-maximizing strategies related to pricing and (cooperative) advertising. It considers different supply chain structures as well as various distributions of power, making it possible to analyze both inter-echelon and intra-echelon dependencies between the companies’ decisions. Additionally, an approach based on fuzzy set theory is presented in order to compensate for incomplete or missing data on market characteristics. Vertical cooperative advertising is an essential element of partnerships between manufacturers and retailers, allowing manufacturers to financially support their retailers’ advertising efforts so as to increase sales for the entire supply chain. Given that such programs not only make up a considerable part of many companies’ advertising budgets, but are also a controversial subject in many business relations, their correct design is of particular importance.

Game-Theoretic Analysis of Cooperation Among Supply Chain Agents

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Game-Theoretic Analysis of Cooperation Among Supply Chain Agents by : Mahesh Nagarajan

Download or read book Game-Theoretic Analysis of Cooperation Among Supply Chain Agents written by Mahesh Nagarajan and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper surveys some applications of cooperative game theory to supply chain management. Special emphasis is placed on two important aspects of cooperative games: profit allocation and stability. The paper first describes the construction of the set of feasible outcomes in commonly seen supply chain models, and then uses cooperative bargaining models to find allocations of the profit pie between supply chain partners. In doing so, several models are analyzed and surveyed, and include suppliers selling to competing retailers, and assemblers negotiating with component manufacturers selling complementary components. The second part of the paper discusses the issue of coalition formation among supply chain partners. An exhaustive survey of commonly used stability concepts is presented. Further, new ideas such as farsightedness among supply chain players are also discussed and analyzed. The paper also opens some avenues of future research in applying cooperative game theory to supply chain management.

Collaborative Planning in Supply Chains

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Publisher : Springer Science & Business Media
ISBN 13 : 3540921761
Total Pages : 241 pages
Book Rating : 4.5/5 (49 download)

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Book Synopsis Collaborative Planning in Supply Chains by : Gregor Dudek

Download or read book Collaborative Planning in Supply Chains written by Gregor Dudek and published by Springer Science & Business Media. This book was released on 2009-04-22 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with collaborative planning, an approach to supply chain planning which aims to coordinate planning tasks of independent supply chain partners while respecting their local decision authority. It gives an introduction to collaborative planning, shows how it is embedded in the broader subject matter of supply chain management, and reviews findings of related literature. At its core, it provides a step-by-step description of a negotiation-based, practice-oriented approach to collaborative planning at the medium-term level of master planning between two supply-chain partners, a supplier and a single customer. Subsequently, this basic concept is extended to cover supply chains with multiple partners and planning on a rolling basis. Implications of collaborative planning on supply contracts are sketched out, and incentives for cooperative behavior by the supply-chain partners are analyzed by applying concepts of game theory.

Supply Chain Bargaining Theory

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ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Supply Chain Bargaining Theory by : P. Kenney

Download or read book Supply Chain Bargaining Theory written by P. Kenney and published by . This book was released on 2013 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consensus among academic researchers is that supply chain management lacks grounding theory specific to its field and arguably enough to be recognized as an academic discipline. This paper uses game theoretic, asymmetric Nash bargaining to develop a new theory specific to operations and supply chain management. Supply chain bargaining theory connects supply chain management practices to a firm's financial performance. The theory quantifies a relationship explaining that a firm increases profit by improving its competitive advantage among its competitors and bargaining power with its customers. The concept of competitive advantage links to existing literature that focuses on a firm's internal capabilities and those provided by their upstream supply chain. Bargaining power provides a conceptual connection to a firm's downstream customer management practices. The concepts and relationships of this new theory align with existing conceptual and empirical supply chain management and operations research. Supply chain bargaining theory clarifies the binding mechanism between dyad members of supply chains which can facilitate future research into supply networks.

A Two-Step Computation Strategy for Designing Decentralized Supply Chains with Fair Profit Allocation Plans Using Nash Cooperative Bargaining Model

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ISBN 13 :
Total Pages : 93 pages
Book Rating : 4.:/5 (114 download)

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Book Synopsis A Two-Step Computation Strategy for Designing Decentralized Supply Chains with Fair Profit Allocation Plans Using Nash Cooperative Bargaining Model by : 陳利勇

Download or read book A Two-Step Computation Strategy for Designing Decentralized Supply Chains with Fair Profit Allocation Plans Using Nash Cooperative Bargaining Model written by 陳利勇 and published by . This book was released on 2019 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Supply Chain

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Publisher : BoD – Books on Demand
ISBN 13 : 390261322X
Total Pages : 582 pages
Book Rating : 4.9/5 (26 download)

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Book Synopsis Supply Chain by : Vedran Kordic

Download or read book Supply Chain written by Vedran Kordic and published by BoD – Books on Demand. This book was released on 2008-02-01 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally supply chain management has meant factories, assembly lines, warehouses, transportation vehicles, and time sheets. Modern supply chain management is a highly complex, multidimensional problem set with virtually endless number of variables for optimization. An Internet enabled supply chain may have just-in-time delivery, precise inventory visibility, and up-to-the-minute distribution-tracking capabilities. Technology advances have enabled supply chains to become strategic weapons that can help avoid disasters, lower costs, and make money. From internal enterprise processes to external business transactions with suppliers, transporters, channels and end-users marks the wide range of challenges researchers have to handle. The aim of this book is at revealing and illustrating this diversity in terms of scientific and theoretical fundamentals, prevailing concepts as well as current practical applications.

Supply Chain Sustainability and Raw Material Management: Concepts and Processes

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Publisher : IGI Global
ISBN 13 : 1613505051
Total Pages : 387 pages
Book Rating : 4.6/5 (135 download)

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Book Synopsis Supply Chain Sustainability and Raw Material Management: Concepts and Processes by : Farahani, Reza Zanjirani

Download or read book Supply Chain Sustainability and Raw Material Management: Concepts and Processes written by Farahani, Reza Zanjirani and published by IGI Global. This book was released on 2011-12-31 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many organizations find supply chain management an essential prerequisite to building a sustainable competitive edge for their services or products. While interest in SCM is enormous, lack of theoretical frameworks and real world applications often characterizes research in the field, and effective management of the supply chain remains elusive. Supply Chain Sustainability and Raw Material Management: Concepts and Processes is a comprehensive and up-to-date resource for operations researchers, management scientists, industrial engineers, and other business practitioners and specialists looking for systemic and advanced discussions of supply chain management. By presenting qualitative concepts, quantitative models, and case studies, this book is a coherent guide to creating long-term and sustainable performance for organizations who want to compete in the global market.

Competing on Supply Chain Quality

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Publisher : Springer
ISBN 13 : 9783319797922
Total Pages : 383 pages
Book Rating : 4.7/5 (979 download)

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Book Synopsis Competing on Supply Chain Quality by : Anna Nagurney

Download or read book Competing on Supply Chain Quality written by Anna Nagurney and published by Springer. This book was released on 2018-05-26 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book lays the foundations for quality modeling and analysis in the context of supply chains through a synthesis of the economics, operations management, as well as operations research/management science literature on quality. The reality of today's supply chain networks, given their global reach from sourcing locations to points of demand, is further challenged by such issues as the growth in outsourcing as well as the information asymmetry associated with what producers know about the quality of their products and what consumers know. Although much of the related literature has focused on the micro aspects of supply chain networks, considering two or three decision-makers, it is essential to capture the scale of supply chain networks in a holistic manner that occurs in practice in order to be able to evaluate and analyze the competition and the impacts on supply chain quality in a quantifiable manner. This volume provides an overview of the fundamental methodologies utilized in this book, including optimization theory, game theory, variational inequality theory, and projected dynamical systems theory. It then focuses on major issues in today's supply chains with respect to quality, beginning with information asymmetry, followed by product differentiation and branding, the outsourcing of production, from components to final products, to quality in freight service provision. The book is filled with numerous real-life examples in order to emphasize the generality and pragmatism of the models and tools. The novelty of the framework lies in a network economics perspective through which the authors identify the underlying network structure of the various supply chains, coupled with the behavior of the decision-makers, ranging from suppliers and manufacturers to freight service providers. What is meant by quality is rigorously defined and quantified. The authors explore the underlying dynamics associated with the competitive processes along with the equilibrium solutions. As appropriate, the supply chain decision-makers compete in terms of quantity and quality, or in price and quality. The relevance of the various models that are developed to specific industrial sectors, including pharmaceuticals and high technology products, is clearly made. Qualitative analyses are provided, along with effective, and, easy to implement, computational procedures. Finally, the impacts of policy interventions, in the form of minimum quality standards, and their ramifications, in terms of product prices, quality levels, as well as profits are explored. The book is filled with many network figures, graphs, and tables with data.

Modeling of Responsive Supply Chain

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Publisher : CRC Press
ISBN 13 : 1466510366
Total Pages : 214 pages
Book Rating : 4.4/5 (665 download)

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Book Synopsis Modeling of Responsive Supply Chain by : M.K. Tiwari

Download or read book Modeling of Responsive Supply Chain written by M.K. Tiwari and published by CRC Press. This book was released on 2016-04-19 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to help readers meet the demands of an evolving competitive business environment, Modeling of Responsive Supply Chain outlines novel concepts and strategies for implementing a fully integrated system of business improvement methodologies.This self-contained reference covers various key aspects of supply chain management, which is crucial to

The Network Challenge

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Publisher : Prentice Hall Professional
ISBN 13 : 0137029322
Total Pages : 589 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis The Network Challenge by : Paul R. Kleindorfer

Download or read book The Network Challenge written by Paul R. Kleindorfer and published by Prentice Hall Professional. This book was released on 2009-06-11 with total page 589 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Paperback Edition Networks and the Enterprise: Breakthrough Thinking and Actionable Strategies “This book presents an amazing collection of insights on underlying forces and ways to thrive in our post-Coaseian age—an age in which the centralized firm is changing into an agile and resilient network of participants. A must read for a world where unpredictability reigns supreme.” —John Seely Brown, Independent Co-Chair of the Deloitte Center for Edge Innovation, and Senior Fellow at the Annenberg Center for Communication at the University of Southern California “I couldn’t wait to get my hands on this research...I have already begun to put the ideas into practice in designing next-generation open innovation networks...the diversity of ideas and perspectives is truly amazing and will be a terrific resource to anyone seeking to move to new business models based on the power of networks for innovation, marketing, and creating and leveraging big ideas. Job well done!” —Larry Huston, Creator of the “Connect and Develop” program for Procter & Gamble, and Managing Director of 4iNNO, a major Open Innovation consulting practice “In our borderless world, every manager needs to understand the strategic implications of networks. For the first time, The Network Challenge brings together thought leaders from many fields—a team of experts as broad as the network challenge itself.” —Kenichi Ohmae, author of more than 100 books, including the seminal work, The Mind of the Strategist, advisor on global strategy to foreign governments and scores of multinational corporations, selected by The Economist as one of five management gurus in the world. Networks define modern business. Networks introduce new risks (as seen by the rapid spread of contagion in global financial markets) and opportunities (as seen in the rapid rise of network-based businesses). While managers typically view business through the lens of a single firm, this book challenges readers to take a broader view of their enterprises and opportunities. This book’s 28 original essays include CK Prahalad on networks as the new locus of competitive advantage Russell E. Palmer on leadership in a networked global environment Dawn Iacobucci and James M. Salter II on the business implications of social networking Franklin Allen and Ana Babus on contagion in financial markets Steven O. Kimbrough on artificial intelligence, evolutionary computation, and networks Satish Nambisan and Mohan Sawhney on tapping the “global brain” for innovation Manuel E. Sosa on coordination networks in product development Christophe Van den Bulte and Stefan Wuyts on customer networks Christoph Zott and Raphael Amit on using business models to drive network-based strategies Yoram (Jerry) Wind, Victor Fung, and William Fung on network orchestration Valery Yakubovich and Ryan Burg on network-based HR strategy Howard Kunreuther on risk management strategies for an interdependent world Paul R. Kleindorfer and Ilias D. Visvikis on integrating financial and physical networks in global logistics Witold J. Henisz on network-based political and social risk management Boaz Ganor on terrorism networks And much more...

Bargaining in Supply Chains (Long Version).

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Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Bargaining in Supply Chains (Long Version). by : Stephen Leider

Download or read book Bargaining in Supply Chains (Long Version). written by Stephen Leider and published by . This book was released on 2015 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study experimentally bargaining in a multiple-tier supply chain with horizontal competition and sequential bargaining between tiers. Our treatments vary the cost differences between firms in tiers 1 and 2. We measure how these underlying costs influence the efficiency, negotiated prices and profit distribution across the supply chain, and the consistency of these outcomes with existing theory. We find that the structural issue of cost differentials dominates personal characteristics in explaining outcomes, with profits in a tier generally increasing with decreased competition in the tier and increasing with decreased competition in alternate tiers. The Balanced Principal model of supply chain bargaining does a good job explaining our data, and outperforms the common assumption of leader-follower negotiations. We find a significant anchoring effect from a firm's first bid but no effect of the sequence of those bids, no evidence of failure to close via escalation of commitment, and mixed results for a deadline effect. We also find an interesting asymmetry between the buy and sells sides in employed bidding strategy. The buy side makes predominantly concessionary offers after the initial anchor, but a significant number of sell side firms engage in aggressive anti-concessionary bidding, a strategy that is effective in that it increases prices while not compromising closure rates.

Supply Chain Contracting Under Competition

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Supply Chain Contracting Under Competition by : Qi Feng

Download or read book Supply Chain Contracting Under Competition written by Qi Feng and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze contracting behaviors in a two-tier supply chain system consisting of competing manufacturers and competing retailers. We contrast the contracting outcome of a Stackelberg game, in which the manufacturers offer take-it-or-leave-it contracts to the retailers, with that of a bargaining game, in which the firms bilaterally negotiate contract terms via a process of alternating offers. The manufacturers in the Stackelberg game possess a Stackelberg-leader advantage in that the retailers are not entitled to make counteroffers. Our analysis suggests that whether this advantage would benefit the manufacturers depends on the contractual form. With simple contracts such as wholesale-price contracts, which generally do not allow one party to fully extract the trade surplus, the Stackelberg game replicates the boundary case of the bargaining game with the manufacturers possessing all bargaining power. In contrast, with sophisticated contracts such as two-part tariffs, which enable full surplus extraction, the two games lead to distinct outcomes. We further show that the game structure being Stackelberg or bargaining critically affects firms' preferences over contract types and thus their equilibrium contract choices. These observations suggest that the Stackelberg game may not be a sufficient device to predict contracting behaviors in reality where bargaining is commonly observed.

Competition in Supply Chain with Service Contributions

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (67 download)

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Book Synopsis Competition in Supply Chain with Service Contributions by : Chayakrit Charoensiriwath

Download or read book Competition in Supply Chain with Service Contributions written by Chayakrit Charoensiriwath and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the supply chain with two manufacturers producing competing products and selling them through a common retailer. The two manufacturers must decide on the wholesale price and the level of service they plan to provide to the consumer. Each firm are assumed to optimize only its own profit (uncoordinated). The consumer demand depends on two factors: (1) retail price, and (2) service level provided by the manufacturer. We extend the study on this basic model in three directions. First, we explore the role of bargaining power in supply chain strategic interactions. We derive and compare equilibrium solutions for the supply chain under three different scenarios (e.g., Manufacturer Stackelberg, Retailer Stackelberg, and Vertical Nash). Second, we extend the framework to study multi-period model. In this model, demand also depends on the past period retail prices and service levels, as well as current prices and service levels. Game-theoretic approaches and dynamic system and control theory are used as tools to model the problem. Finally, we examine a single period problem with stochastic demand. When demand is uncertain, the retailer faces a newsvendor-type problem. In our model, the newsvendor must manage two competing products against a price-dependent demand. We derive an expression for the newsvendor's optimal retail prices. Next, we provide an algorithm to search for the equilibrium wholesale price and service level, given that the manufacturers know the retailer's reaction function. Some numerical examples are provided.

Negotiations in Competitive Supply Chains

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ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Negotiations in Competitive Supply Chains by : Qi Feng

Download or read book Negotiations in Competitive Supply Chains written by Qi Feng and published by . This book was released on 2019 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain contract negotiation has gain increasing attentions in recent years, and the studies involving negotiations in the operations literature almost exclusively apply the concept of the Nash bargaining (NB) solution. The NB solution, however, is derived based on the axiom of independence of irrelevant alternatives (IIA), an unrealistic assumption widely criticized in economics. Indeed, our analysis suggests that the NB solution can lead to unreasonable negotiation outcomes in competing supply chains. As an alternative, the Kalai-Smorodinsky (KS) solution has been applied in many fields, but has not been introduced to the supply chain contexts. We apply the KS solution to study contract negotiations in competing supply chains, and analyze its connection to and difference from the NB solution. In particular, we show that, compared with the NB solution, the KS solution appropriately captures the negotiation power shift induced by the decision ownership, the negotiation sequence, the vertical relationship, the competition intensity, the contract contingency, and the contract type.

The Ability of Nash's Model of Cooperative Bargaining to Predict Outcomes of Multiple-issue Negotiations

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (776 download)

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Book Synopsis The Ability of Nash's Model of Cooperative Bargaining to Predict Outcomes of Multiple-issue Negotiations by : Gregory Sloan Carpenter

Download or read book The Ability of Nash's Model of Cooperative Bargaining to Predict Outcomes of Multiple-issue Negotiations written by Gregory Sloan Carpenter and published by . This book was released on 1986 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: