The clock is ticking: The role of uncertainty, regulatory focus, and level of risk on supply chain disruption decision making behavior

Author(s):  
David E. Cantor ◽  
Jennifer V. Blackhurst ◽  
Juan David Cortes
2014 ◽  
Vol 2014 ◽  
pp. 1-12 ◽  
Author(s):  
Liying Li ◽  
Yong Wang

This study investigates the channel coordination issue of a supply chain with a risk-neutral manufacturer and a loss-averse retailer facing stochastic demand that is sensitive to sales effort. Under the loss-averse newsvendor setting, a distribution-free gain/loss-sharing-and-buyback (GLB) contract has been shown to be able to coordinate the supply chain. However, we find that a GLB contract remains ineffective in managing the supply chain when retailer sales efforts influence the demand. To effectively coordinate the channel, we propose to combine a GLB contract with sales rebate and penalty (SRP) contract. In addition, we discover a special class of gain/loss contracts that can coordinate the supply chain and arbitrarily allocate the expected supply chain profit between the manufacturer and the retailer. We then analyze the effect of loss aversion on the retailer’s decision-making behavior and supply chain performance. Finally, we perform a numerical study to illustrate the findings and gain additional insights.


2013 ◽  
Vol 8 (2) ◽  
pp. 211-232 ◽  
Author(s):  
Séverine Hubscher-Davidson

This paper explores the psychological construct of intuition and its influence in decision-making behavior. Intuition was defined by Jung (1971) as a primary mode of perception operating subconsciously. As opposed to sensing personality types who prefer concrete details, intuitive personality types prefer to acquire information by imagining possibilities (Myers and Myers 1995). In this paper, an analysis of verbalization data from a translation process study is discussed in order to demonstrate the influence of intuition on decision-making during the translation process and to explore the implications of this influence. Recent studies have found that intuition plays a role in learning and decision-making tasks involving affect (Laborde et al. 2010: 786). Intuition is therefore here viewed as a potentially vital component of translator behavior which could predict individuals’ translating effectiveness.


2018 ◽  
Vol 18 (1) ◽  
Author(s):  
Carla Rood ◽  
Deon Van den Berg ◽  
Wesley Niemann ◽  
Arno Meyer

Orientation: Firms can no longer rely on their own internal capabilities to operate in dynamic business environments but rather depend on buyer–supplier relationships to resolve and survive supply chain disruptions.Research purpose: The purpose of this study was to explore the underlying role of personal buyer–supplier relationships in a supply chain disruption context.Motivation for the study: Previous research studies have focussed solely on the role of business relationships in a supply chain disruption context, while neglecting personal relationships.Research design, approach and method: A generic qualitative research strategy was used for this purpose. Eighteen semi-structured interviews were conducted with nine buyers and nine suppliers of logistics services who were involved in personal relationships during supply chain disruptions.Main findings: The findings of this study indicate the attributes that must be present for a personal relationship to form in a supply chain disruption context, along with the various advantages and disadvantages that are derived from personal relationships in times of supply chain disruption.Practical/managerial implications: For managers, this study identifies various attributes, advantages and disadvantages of personal relationships in supply chain disruptions, therefore equipping managers to extract value from personal relationships in supply chain disruptions.Contribution/value-add: Academically, this study expands the literature by being one of the first empirical studies to conduct research on the role of buyer–supplier personal relationships in the third-party logistics supply chain disruption context.


MANAJERIAL ◽  
2018 ◽  
Vol 4 (1) ◽  
pp. 47
Author(s):  
Lilis Supiani

This study aims to determine the system of decision-making and priority criteria in supplier selection. Supplier selection is part of the supply chain. The role of suppliers affect the production process of a company as a supplier is a major business partner in the operation of the company's work. every manufacturing company has a standard priority suppliers so that it takes an analytical tool for decision-making. Method Analythical Hierarcy Process (AHP) is a decision making method of analysis used in decision-making with a systems approach, where decision-makers are trying to understand a condition of the system and help make predictions in decision-making. Distributing questioner to determine priority criteria CV General Timber supplier in Indonesia.The results of evaluation research in the company's performance CV General Timber Indonesia, there are five priorities, namely Cost supplier criteria with a weighting of 0.29%, Quality 0,26%, Quantity by 0.16%, Delivery 0.15% and Flexibility of 0.13 %


2020 ◽  
Vol 12 (5) ◽  
pp. 1874
Author(s):  
Xu Jing ◽  
Yao Guanxin ◽  
Dai Panqian

The quality of agri-foods in e-supply chains confronts more threats than that in the traditional agri-food supply chain. However, most of the existing studies focusing on the quality problems of fresh agri-products are mainly cases studies and statistical analyses, and they do not take into account the farmers’ willingness to comply with safe agri-food supply procedures. To solve the supply quality problems of fresh agri-foods and help participators make a better choice, the decision-making behavior on the supply quality of agri-foods in the e-supply chain was deeply studied in this paper using game theory. Some factors related to the decision behavior of the supply chain were analyzed, including the supervision intension of the government, the rights protection consciousness of consumers, and the intensity of punishment for poor-quality agri-foods. These factors have an important influence on the farmers’ willingness to provide high-quality products and e-business’ probability of inspection. Compared with three different decision models of agri-food e-supply chains, the results show that the decentralized decision model is better than the centralized model from the view of quality protection. The behavior of members of the supply chain is as follows: the farmers’ willingness to supply high-quality agri-foods increases with the increase in the consumers’ consciousness of their rights and the government’s supervision intensity. The “experience deviation” phenomenon also occurs when a new e-business makes a decision about its quality inspection behavior in this e-supply chain where the quality information is traceable. As such, e-business enterprises should reduce their quality inspection behavior based on the increase in the government’s supervision intensity. This happens to be opposite to the traditional experience where quality information is not traceable. This study not only extends the research framework of the novel electronic supply chain, but also provides a certain reference for the subsequent research and e-business practices of fresh produce in developing countries.


2018 ◽  
Vol 62 ◽  
pp. 169-175 ◽  
Author(s):  
Stefanie Hüttermann ◽  
Josef Nerb ◽  
Daniel Memmert

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