An option contract pricing model of relief material supply chain

Omega ◽  
2012 ◽  
Vol 40 (5) ◽  
pp. 594-600 ◽  
Author(s):  
Liang Liang ◽  
Xihui Wang ◽  
Jianguo Gao
Keyword(s):  
Supply Chain ◽  
Pricing Model ◽  
Material Supply ◽  
Option Contract ◽  
Contract Pricing

A RFID-Based Monitoring System for Abnormal Logistics Events in Internal Material Supply Chain

2011 ◽  
Vol 179-180 ◽  
pp. 949-954 ◽  
Author(s):  
Xiao Hua Cao ◽  
Juan Wan
Keyword(s):  
Supply Chain ◽  
Monitoring System ◽  
Radio Frequency Identification ◽  
Accurate Information ◽  
Prototype System ◽  
Rfid Technology ◽  
Material Management ◽  
Production Logistics ◽  
Material Supply ◽  
Frequency Identification

Internal material supply management for manufacturing workshops usually suffers from message delay and abnormal logistics events, which seriously holdback the reactivity capability of production system. As a rapid, real-time, accurate information collection tools, Radio Frequency identification (RFID) technology has become an important driver in the production and logistics activities. This paper presents a new idea that uses RFID technology to monitor real-timely the abnormal logistics events which occur at each work space in the internal material supply chain and proposes its construction method in details. With the experimental verification of prototype system, the proposed RFID-based monitoring system can find in time the abnormal logistics events of internal material supply chain and largely improve the circulation velocity of production logistics, and reduce the rate of mistake which frequently occurred in traditional material management based on Kanban.

Supply chain cost model for prefabricated building material based on time-driven activity-based costing

2016 ◽  
Vol 43 (4) ◽  
pp. 287-293 ◽  
Author(s):  
Yong-Woo Kim ◽  
Seung-Heon Han ◽  
June-Seong Yi ◽  
SooWon Chang
Keyword(s):  
Sensitivity Analysis ◽  
Supply Chain ◽  
Supply Chains ◽  
Construction Industry ◽  
Cost Model ◽  
Building Construction ◽  
Activity Based Costing ◽  
Chain Management ◽  
Material Supply ◽  
Supply Chain Costs

The effect of ‘supply chain management’ can be leveraged when benefits of collaboration within and beyond the capacities of individual organizations are witnessed. One of the primary tasks in reducing total supply chain costs is to understand where the costs occur in a supply chain and how each activity impacts the total supply chain costs. Most supply chains in construction usually involve multiple entities, each one in a different process. A rebar supply chain is one example where many entities are involved in different processes. The supply chain coordinator needs a supply chain cost model, which shows how each activity impacts all supply chain costs to reduce the total costs. The research suggests a supply chain cost model using time-driven activity-based costing. The proposed cost model was applied to a building construction project, followed by sensitivity analysis identifying critical activities. This method can be adapted to analyze other fragmented material supply chains in the construction industry.

Research on data sharing mechanism of power material supply chain based on blockchain

2021 ◽  
Author(s):  
Yuchun Liu ◽  
Zhiwei Wu ◽  
Yaowei Liu ◽  
Kai Wang ◽  
Wenbo Fan ◽  
...  
Keyword(s):  
Supply Chain ◽  
Data Sharing ◽  
Material Supply

scholarly journals Pre-positioning inventory and service outsourcing of relief material supply chain

2018 ◽  
Vol 56 (21) ◽  
pp. 6859-6871 ◽  
Author(s):  
Xin Yao ◽  
Ruting Huang ◽  
Malin Song ◽  
Nishikant Mishra
Keyword(s):  
Supply Chain ◽  
Service Outsourcing ◽  
Material Supply

scholarly journals Coordination of Supply Chain with One Supplier and Two Competing Risk-Averse Retailers under an Option Contract

2016 ◽  
Vol 2016 ◽  
pp. 1-11 ◽  
Author(s):  
Rui Wang ◽  
Shiji Song ◽  
Cheng Wu
Keyword(s):  
Supply Chain ◽  
Conditional Value At Risk ◽  
Optimal Order ◽  
Pareto Optimum ◽  
Risk Averse ◽  
Order Quantity ◽  
Supply Chain System ◽  
Chain System ◽  
Option Contract ◽  
Optimal Order Quantity

This paper studies an option contract for coordinating a supply chain comprising one risk-neutral supplier and two risk-averse retailers engaged in promotion competition in the selling season. For a given option contract, in decentralized case, each risk-averse retailer decides the optimal order quantity and the promotion policy by maximizing the conditional value-at-risk of profit. Based on the retailers’ decision, the supplier derives the optimal production policy by maximizing expected profit. In centralized case, the optimal decision of the supply chain system is obtained. Based on the decentralized and centralized decision, we find the coordination conditions of the supply chain system, which can optimize the supply chain system profit and make the profits of the supply chain members achieve Pareto optimum. As for the subchain, we also find the coordination conditions, which generalize the results of the supply chain with one supplier and one retailer. Our analysis and numerical experiments show that there exists a unique Nash equilibrium between two retailers, and the optimal order quantity of each retailer increases (decreases) with its own (competitor’s) promotion level.

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