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Supply Chain Coordination In Case Of Asymmetric Information
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Book Synopsis Supply Chain Coordination in Case of Asymmetric Information by : Guido Vogt
Download or read book Supply Chain Coordination in Case of Asymmetric Information written by Guido Vogt and published by Springer Science & Business Media. This book was released on 2011-07-05 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract terms in a Just-in-Time environment. It is shown that the impact of information sharing is ambiguous, and dependent on several factors, such as contract flexibility and complexity or the interacting behavioral types. The experimental results form the basis for a behavioral principal-agent model that gives valuable insights on how the interaction of trust, trustworthiness and the information sharing strategy impacts the supply chain performance.
Book Synopsis Quantitative Models for Supply Chain Management by : Sridhar Tayur
Download or read book Quantitative Models for Supply Chain Management written by Sridhar Tayur and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 851 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.
Book Synopsis Supply Chain Coordination in Case of Asymmetric Information by : Guido Vogt
Download or read book Supply Chain Coordination in Case of Asymmetric Information written by Guido Vogt and published by Springer. This book was released on 2011-07-05 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract terms in a Just-in-Time environment. It is shown that the impact of information sharing is ambiguous, and dependent on several factors, such as contract flexibility and complexity or the interacting behavioral types. The experimental results form the basis for a behavioral principal-agent model that gives valuable insights on how the interaction of trust, trustworthiness and the information sharing strategy impacts the supply chain performance.
Book Synopsis The Economic Foundations of Supply Chain Contracting by : Harish Krishnan
Download or read book The Economic Foundations of Supply Chain Contracting written by Harish Krishnan and published by Now Pub. This book was released on 2012-09 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Foundations of Supply Chains Contracts is premised on the theme that as supply chain management moves from a focus on optimization problems to issues of coordination, a closer link to the underlying economic foundations is essential. This monograph offers a synthesis of the economic foundations of supply chain contracts. Accordingly, the coverage is selective and incorporates elements of economic theory that we believe will be of most value to our intended readers, the students and scholars of management science and operations management. After and introduction, Section 2 provides an overview of evidence on the nature and frequency of specific supply chain contracts. Section 3 offers some brief remarks on methodology concerning the application of economic theory to supply chain contracting. Section 4 reviews the basic setting: perfect markets. The simplest departure from perfect markets is the introduction of market power. This is examined in Section 5 via the assumption of a single monopolist upstream, facing a competitive downstream market. Section 6 considers contracts in a standard framework: one firm operates at each of two levels of a supply chain. Section 7 adds imperfect competition downstream. Section 8 considers contracts in a setting with a single downstream firm and multiple upstream firms, including the case of a single incumbent firm facing potential entry. Section 9 reviews the role of contracts in competing supply chains. Sections 10 and 11 review the dynamics of supply chain contracting and an explicit asymmetric information approach to contracting. Section 12 reviews the key contributions to the fundamental issues of vertical integration, investment in specific assets, and long run or relational contracting. Section 13 concludes the monograph with an overview of additional issues in the economics of supply chain contracting
Book Synopsis Supply Chain Coordination under Uncertainty by : Tsan-Ming Choi
Download or read book Supply Chain Coordination under Uncertainty written by Tsan-Ming Choi and published by Springer Science & Business Media. This book was released on 2011-08-14 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: Channel coordination is a core subject of supply chain management. Over the past decade, much research effort has been devoted to exploring the detailed mechanisms for achieving supply chain coordination under uncertainty, generating many fruitful analytical and empirical results. Despite the abundance of research results, there is an absence of a comprehensive reference source that provides state-of-the-art findings on both theoretical and applied research on the subject. In addition, with the advance of knowledge and technologies, many new topics on supply chain coordination under uncertainty have appeared in recent years. This handbook extensively examines supply chain coordination challenges with a focal point on discovering innovative measures that can help tackle the existing and emerging challenges. The book is organized into five parts, which include chapters on innovative analytical models for coordination, channel power and bargaining, technological advancements and applications, empirical analysis, cases studies and review. This handbook provides new empirical and analytical results with precious insights, which will not only help supply chain agents to understand more about the latest measures for supply chain coordination under uncertainty, but also help practitioners and researchers to know how to improve supply chain performance based on innovative methods.
Author :Management Association, Information Resources Publisher :IGI Global ISBN 13 :1799809463 Total Pages :2148 pages Book Rating :4.7/5 (998 download)
Book Synopsis Supply Chain and Logistics Management: Concepts, Methodologies, Tools, and Applications by : Management Association, Information Resources
Download or read book Supply Chain and Logistics Management: Concepts, Methodologies, Tools, and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2019-11-01 with total page 2148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business practices are constantly evolving in order to meet growing customer demands. Evaluating the role of logistics and supply chain management skills or applications is necessary for the success of any organization or business. As market competition becomes more aggressive, it is crucial to evaluate ways in which a business can maintain a strategic edge over competitors. Supply Chain and Logistics Management: Concepts, Methodologies, Tools, and Applications is a vital reference source that centers on the effective management of risk factors and the implementation of the latest supply management strategies. It also explores the field of digital supply chain optimization and business transformation. Highlighting a range of topics such as inventory management, competitive advantage, and transport management, this multi-volume book is ideally designed for business managers, supply chain managers, business professionals, academicians, researchers, and upper-level students in the field of supply chain management, operations management, logistics, and operations research.
Book Synopsis Dual-channel Supply Chain Decisions With Risk-averse Behavior by : Bo Li
Download or read book Dual-channel Supply Chain Decisions With Risk-averse Behavior written by Bo Li and published by World Scientific. This book was released on 2021-08-25 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the era of e-commerce and digitalization, new commercial patterns and opportunities are emerging. For example, in addition to traditional reselling marketing channels, manufacturers can easily open direct channels using a variety of digital marketing strategies. These new marketing channels will cause conflict and competition between manufacturers and resellers. This raises the important question of how to make optimal decisions for multiple players in dual-channel supply chain contexts. Within changing and uncertain operation environments, business enterprises must face tougher challenges than before to survive in competitive markets.This book aims to address representative decision-making problems in dual-channel supply chains with risk-averse channel members. The most recently developed risk assessment technique, Conditional Value-at-Risk (CVaR), will be adopted as the predominant criterion to measure the risk-averse attitude. Based on game theory, important issues such as channel selection, pricing, order quantity, manufacturer encroachment, greening strategy, consumer return policies, financing strategies, channel coordination, contract design, information asymmetry, and capacity constraint will be modeled and analyzed. This book will help readers better understand operations management in dual-channel supply chain contexts with risk-averse behaviors, and will also provide effective techniques and tools for researchers and offer managerial insights for practitioners.
Book Synopsis Soft Computing in Information Communication Technology by : Jia Luo
Download or read book Soft Computing in Information Communication Technology written by Jia Luo and published by Springer Science & Business Media. This book was released on 2012-05-11 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of the accepted papers concerning soft computing in information communication technology. The resultant dissemination of the latest research results, and the exchanges of views concerning the future research directions to be taken in this field makes the work of immense value to all those having an interest in the topics covered. The present book represents a cooperative effort to seek out the best strategies for effecting improvements in the quality and the reliability of Fuzzy Logic, Machine Learning, Cryptography, Pattern Recognition, Bioinformatics, Biomedical Engineering, Advancements in ICT.
Book Synopsis Quality management and strategic alliances in the mango supply chain from Costa Rica by : Guillermo E. Zúñiga-Arias
Download or read book Quality management and strategic alliances in the mango supply chain from Costa Rica written by Guillermo E. Zúñiga-Arias and published by BRILL. This book was released on 2023-08-28 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book develops an integrated research framework in which social science and natural science merge in the analysis of the relationships and transactions within the mango supply chain from Costa Rica. More specifically, behaviour economics, and institutional economics is combined with quality management and product development techniques. This book is also important because it uses an innovative gaming simulation for research and not only for training. The game develops a standard supply chain for a perishable product, which is used for simulating the bargaining power and revenue distribution of the agents in the chain and the governance structure preferred for doing business. This game simulation is played by the real producers in the field. Other important topics covered are quality management and quality variability. Studying quality management (intrinsic and extrinsic attributes) in relation to the farm household characteristics, production system and agreements, enables us to define some economic incentives to improve the quality of the produce. Studying the variability of the produce helps us understand and describe how the different management practices throughout the chain affects the quality of the produce. This relates to the market outlet choice the producers make and the strategic behaviour they have. This book is of interest for professionals and practitioners involved in the design, management and assessment of national and international supply chains for perishable produce."
Book Synopsis Issues in Industrial Relations and Management: 2013 Edition by :
Download or read book Issues in Industrial Relations and Management: 2013 Edition written by and published by ScholarlyEditions. This book was released on 2013-05-01 with total page 1104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues in Industrial Relations and Management: 2013 Edition is a ScholarlyEditions™ book that delivers timely, authoritative, and comprehensive information about Management Science. The editors have built Issues in Industrial Relations and Management: 2013 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Management Science in this book to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Industrial Relations and Management: 2013 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.
Book Synopsis Handbook of Integrated Risk Management in Global Supply Chains by : Panos Kouvelis
Download or read book Handbook of Integrated Risk Management in Global Supply Chains written by Panos Kouvelis and published by John Wiley & Sons. This book was released on 2011-10-26 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, one-stop reference for cutting-edge research in integrated risk management, modern applications, and best practices In the field of business, the ever-growing dependency on global supply chains has created new challenges that traditional risk management must be equipped to handle. Handbook of Integrated Risk Management in Global Supply Chains uses a multi-disciplinary approach to present an effective way to manage complex, diverse, and interconnected global supply chain risks. Contributions from leading academics and researchers provide an action-based framework that captures real issues, implementation challenges, and concepts emerging from industry studies.The handbook is divided into five parts: Foundations and Overview introduces risk management and discusses the impact of supply chain disruptions on corporate performance Integrated Risk Management: Operations and Finance Interface explores the joint use of operational and financial hedging of commodity price uncertainties Supply Chain Finance discusses financing alternatives and the role of financial services in procurement contracts; inventory management and capital structure; and bank financing of inventories Operational Risk Management Strategies outlines supply risks and challenges in decentralized supply chains, such as competition and misalignment of incentives between buyers and suppliers Industrial Applications presents examples and case studies that showcase the discussed methodologies Each topic's presentation includes an introduction, key theories, formulas, and applications. Discussions conclude with a summary of the main concepts, a real-world example, and professional insights into common challenges and best practices. Handbook of Integrated Risk Management in Global Supply Chains is an essential reference for academics and practitioners in the areas of supply chain management, global logistics, management science, and industrial engineering who gather, analyze, and draw results from data. The handbook is also a suitable supplement for operations research, risk management, and financial engineering courses at the upper-undergraduate and graduate levels.
Book Synopsis Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics by : Taghipour, Atour
Download or read book Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics written by Taghipour, Atour and published by IGI Global. This book was released on 2020-09-18 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a decentralized supply chain, most of the supply chain agents may not share information due to confidentiality policies, quality of information, or different system incompatibilities. Every actor holds its own set of information and attempts to maximize its objective (minimizing costs/minimizing inventory holdings) based on the available settings. Therefore, the agents control their own activities with the objective of improving their own competitiveness, which leads them to make decisions that maximize their local performance by ignoring the other agents or even the final consumer. These decisions are myopic because they do not consider the performance of all the partners to satisfy the consumer. Demand Forecasting and Order Planning in Supply Chains and Humanitarian Logistics is a collection of innovative research that focuses on demand anticipation, forecasting, and order planning as well as humanitarian logistics to propose original solutions for existing problems. While highlighting topics including artificial intelligence, information sharing, and operations management, this book is ideally designed for supply chain managers, logistics personnel, business executives, management experts, operation industry professionals, academicians, researchers, and students who want to improve their understanding of supply chain coordination in order to be competitive in the new era of globalization.
Book Synopsis Games in Management Science by : Pierre-Olivier Pineau
Download or read book Games in Management Science written by Pierre-Olivier Pineau and published by Springer. This book was released on 2019-08-14 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers a large spectrum of cutting-edge game theory applications in management science in which Professor Georges Zaccour has made significant contributions. The book consists of 21 chapters and highlights the latest treatments of game theory in various areas, including marketing, supply chains, energy and environmental management, and cyber defense. With this book, former Ph.D. students and successful research collaborators of Professor Zaccour wish to honor his many scientific achievements.
Book Synopsis Supply Chain Planning by : Hans-Otto Günther
Download or read book Supply Chain Planning written by Hans-Otto Günther and published by Springer Science & Business Media. This book was released on 2009-03-05 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, supply chain planning has emerged as one of the most challenging problems in the industry. As a consequence, the planning focus is shifting from the management of plant-speci?c operations to a holistic view of the various logistics and productionstages, that is an approach in which suppliers, productionplants and customers are considered as constituents of an integrated network. A major dr- ing force behind this development lies in the globalization of the world economy, which has facilitated the co-operation between different partners working together in world-wide logistics networks. Hence, considerable cost savings can be gained from optimizing the structure and the operations of complex supply networks li- ing plants, suppliers, distribution centres and customers. Consequently, to improve the performance of the entire logistic chain, more sophisticated planning systems and more effective decision support are needed. Clearly, successful applications of supply chain management have driven the development of advanced planning systems (APS), which are concerned with s- porting decision-making activities at the strategic, tactical and operational decision level. These software packages basically rely on the application of quantitative methods, which are used to model the underlying complex decision problems c- sidering the limited availability of resources and the need to react on time to customer orders. The core module at the mid-term level of APS comprises op- ational supply chain planning. In many industries, productionstages are assigned to differentplantsand distribution centreshave been established at geographicallyd- persed locations.
Download or read book Logistik Management written by Stefan Voß and published by Springer Science & Business Media. This book was released on 2009-08-21 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Globalisierung und Virtualisierung von Geschäftsbeziehungen vergrößert die Bedeutung und die Komplexität logistischer Herausforderungen. Das Management logistischer Netzwerke wird zu einem wesentlichen Wettbewerbsfaktor für Unternehmen. Das Buch wie die gleichnamige Tagung (September 2009) haben zum Ziel, den internationalen Gedankenaustausch und die Diskussion zwischen Wissenschaft und Praxis gezielt zu fördern, damit Strategien, Methoden und Werkzeuge entwickelt werden können, die es ermöglichen, den wachsenden Anforderungen gerecht zu werden.
Book Synopsis Asymmetric Information, Corporate Finance, and Investment by : R. Glenn Hubbard
Download or read book Asymmetric Information, Corporate Finance, and Investment written by R. Glenn Hubbard and published by University of Chicago Press. This book was released on 2009-05-15 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that financial decisions of the firm can affect real economic activity—and this is true for enough firms and consumers to have significant aggregate economic effects. They demonstrate that important differences—asymmetries—in access to information between "borrowers" and "lenders" ("insiders" and "outsiders") in financial transactions affect investment decisions of firms and the organization of financial markets. The original research emphasizes the role of information problems in explaining empirically important links between internal finance and investment, as well as their role in accounting for observed variations in mechanisms for corporate control.
Book Synopsis New Directions in Supply-Chain Management by : Tonya BOONE
Download or read book New Directions in Supply-Chain Management written by Tonya BOONE and published by AMACOM. This book was released on 2002-04-17 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology has introduced dramatic new efficiencies to supply chain design, management, and control--but only to those who can open their minds to these new methods and strategies. This book presents innovative articles from eighteen of today's top young Ph.D. scholars, each based on discussions at the 2000 Frank Batten Young Leaders Forum of the College of William and Mary. These ""rising stars"" from the country's most prestigious operations management programs each take a fresh perspective on current practices and future directions in supply chain management and overall business strategy. Provocative yet valuable questions are asked--and answers provided--on subjects including: * Development of effective performance metrics * Techniques to streamline the order management cycle * Methods to leverage product design and manufacture to reduce supply chain costs * Ways to share knowledge throughout an organization concerning forecasts, manufacturing and sourcing plans, and distribution.
