scholarly journals Optimal Financing Decision in a Contract Food Supply Chain with Capital Constraint

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-17
Author(s):  
Ying Luo ◽  
Tianyu Deng ◽  
Qiang Wei ◽  
Guoan Xiao ◽  
Qihui Ling
Keyword(s):  
Supply Chain ◽  
Food Processing ◽  
Family Farm ◽  
Purchase Price ◽  
Food Supply Chain ◽  
Optimal Decisions ◽  
Bank Financing ◽  
The Family ◽  
Yield Uncertainty ◽  
Processing Enterprise

To solve the financing problem of the food producers, we consider a two-echelon contract food supply chain composed of a family farm with capital constraints and a food processing enterprise. With no capital constraints as the benchmark model, we analyze optimal decisions of the family farm and the food processing enterprise in the case of bank financing with bank participation only and bank financing with “government, bank, and insurance” coparticipation. Then, we discuss how the risk of yield uncertainty influences the optimal decisions and profits of the family farm and the food processing enterprise under different financing situation. Meanwhile, the reason why the government subsidizes agriculture is explored, and the policy of minimum purchase price of the food is initiated when the market price is too low. Finally, the numerical examples and sensitivity analysis are presented. The results show that the bank financing with “government, bank, and insurance” coparticipation improves the welfare of supply chain members more obviously than the bank financing with bank participation only; when the rice price is too low, the policy of minimum purchase price of food is initiated, which increases the revenue and the growing enthusiasm of the family farm; the profits of the family farm and the food processing enterprise will decrease as the risk of yield uncertainty increases in the case of bank financing, and the risk of yield uncertainty will be reduced for the family farm when bank financing with “government, bank, and insurance” coparticipation.

scholarly journals The Impact of Food Quality Information Services on Food Supply Chain Pricing Decisions and Coordination Mechanisms Based on the O2O E-Commerce Mode

2018 ◽  
Vol 2018 ◽  
pp. 1-18 ◽  
Author(s):  
Xiaoqiu Yu ◽  
Xiaoxue Ren
Keyword(s):  
Supply Chain ◽  
Food Quality ◽  
Food Supply ◽  
Food Processing ◽  
Stackelberg Game ◽  
Information Service ◽  
Quality Information ◽  
Food Supply Chain ◽  
Quantity Discount ◽  
Pricing Decisions

This paper considers the price conflict problem between the online channel of a food processing factory and the offline channel of the food retailers in food supply chains by analyzing the pricing decisions and coordination mechanisms between the food processing factory and food retailers under the influence of a food quality information service. First, the Stackelberg game method and the Bertrand game method are used to optimize the pricing decisions with the goal of maximizing the profits of the food processing factory and retailer. The analysis shows that the food quality information service level is positively correlated with the price of the factory’s own channel, and the influence of the food quality information service level on the price of the food processing factory’s or the food retailer’s own channel is stronger than its influence on the price of a competitor’s channel. Second, the food supply chain members’ pricing decisions are analyzed using the case analysis method by considering practical problems in the food supply chain. The results indicate that the food processing factory should use the Stackelberg game to make pricing decisions. However, it is optimal for the food retailer to make pricing decisions under the Bertrand game, and the total profit of the food supply chain is optimized under centralized decision making. Finally, we use both the quantitative discount mechanism and the Stackelberg game method to analyze the profits obtained by the food processing factory and retailer. The results indicate that the food processing factory should implement a quantitative discount mechanism when the quantity discount coefficient is greater than 0.4, and the retailer should implement a quantity discount mechanism when the quantity discount coefficient is in the range of 0.25 to 0.4.

SUPPLY SOURCES OF ORGANIC FOOD PROCESSING COMPANIES IN POLAND

2021 ◽  
Vol XIII (1) ◽  
pp. 74-84
Author(s):  
Joanna Smoluk-Sikorska
Keyword(s):  
Supply Chain ◽  
Food Supply ◽  
Food Processing ◽  
Distribution System ◽  
Organic Food ◽  
Agricultural Products ◽  
Raw Material ◽  
Food Supply Chain ◽  
Sales Channels ◽  
Organic Produce

The paper’s objective was to define the main supply sources of organic food processing companies and the barriers occurring in the process of raw produce acquisition. Therefore, in 2019, a survey on organic food processing enterprises was carried out. The survey among 55 processing companies concerned supply in raw organic produce, sales channels, and collaboration within the organic food supply chain. The research results show that the providers of organic food processors are mostly farmers and, to a lesser extent – intermediaries. In the process of provider selection, what is most important for processors are the quality and availability of agricultural products as well as the trust and credibility of a producer. In their opinion, the most important problems occurring in organic food processing are irregularity of deliveries and an inadequate amount of raw produce supplied. Consequently, a number of processors import part of the raw material needed for their production. Therefore, in order to improve the functioning of the processing sphere, measures in the area of farmer and processor collaboration and the improvement of the distribution system need to be introduced or intensified.

scholarly journals Vertical Cost-Information Sharing in a Food Supply Chain with Multiple Unreliable Suppliers and Two Manufacturers

2017 ◽  
Vol 2017 ◽  
pp. 1-14
Author(s):  
Junjian Wu ◽  
Haiyan Wang ◽  
Henry Xu
Keyword(s):  
Supply Chain ◽  
Information Sharing ◽  
Food Supply ◽  
Wholesale Price ◽  
Complete Information ◽  
Production Costs ◽  
Theoretic Model ◽  
Food Supply Chain ◽  
Cost Information ◽  
Yield Uncertainty

This paper considers a food supply chain where multiple suppliers provide completely substitutable food products to two manufacturers. Meanwhile, the suppliers face yield uncertainty and the manufacturers face uncertain production costs that are private information. While the suppliers compete on price, the manufacturers compete on quantity. We build a stylized multistage game theoretic model to analyze the issue of vertical cost-information sharing (VCIS) within the supply chain by considering key parameters, including the level of yield uncertainty, two manufacturers’ cost correlation, the correlated coefficient of suppliers’ yield processes, and the number of suppliers. We study the suppliers’ optimal wholesale price and the manufacturers’ optimal order quantities under different VCIS strategies. Finally, through numerical analyses, we examine how key parameters affect the value of VCIS to each supplier and each manufacturer, respectively. We found that the manufacturers are willing to share cost information with suppliers only when the two manufacturers’ cost correlation is less than a threshold. While a high correlated coefficient of suppliers’ yield processes and a large number of suppliers promote complete information sharing, a high level of yield uncertainty hinders complete information sharing. All these findings have important implications to industry practices.

scholarly journals 3D PRINTING IN FOOD PROCESSING INDUSTRIES -A PATHWAY TO INNOVATIONS

2018 ◽  
Vol 14 (4) ◽  
pp. 61-70
Author(s):  
Shreya Sethi ◽  
Rajat Tumane ◽  
Anupama Panghal
Keyword(s):  
Supply Chain ◽  
3D Printing ◽  
Food Supply ◽  
Food Processing ◽  
Food Sector ◽  
Food Supply Chain ◽  
Food Processing Industry ◽  
Processing Industry ◽  
Food Printing ◽  
3D Food Printing

Food processing industry is high innovation demanding industry. Innovation when supported by technology shows significant success. Three dimensional (3D) printing is a technology which is getting introduced in food processing industry and is emerging as a great tool for innovations. 3D food printing is a process of creating food products by successive layering. A 3D food could be customized and personalised according to the wish of the consumers to provide a nutritious option and the best quality of food.3 D Printing technology has shown its remarkable progress in various sectors, but its application in food processing sector is yet at naive stages. The technology nowadays is being widely investigated in food sector for past few years and has surfaced multiple advantages like providing customized and personalised food, improving the nutrition intake among people, improving the food supply chain and moving forward towards mass customization of food. For now 3D food printing is used in military and space food, for elderly people, confectionary industries as well as in savoury sector. In Indian market, it has entered recently in the confectionary sector. This paper is a conceptual study about applications of 3D printing in food sector as well as role of 3D printing in food supply chain. This paper is an effort towards reflecting the present status and future dimensions of possible applications of 3D printing technology in processed food sector. There exists a lot of research gap in this domain which may be seen as a potential area for future interventions. This paper also discusses the pros and cons of 3D printing machines and how can it be of help in the future.

Review of the food processing supply chain literature: a UK, India bilateral context

2018 ◽  
Vol 15 (4) ◽  
pp. 457-479 ◽  
Author(s):  
Gyan Prakash
Keyword(s):  
Supply Chain ◽  
Food Supply ◽  
Food Processing ◽  
Single Case ◽  
The Body ◽  
Survey Method ◽  
Food Supply Chain ◽  
Content Type ◽  
Popular Approach ◽  
The Uk

Purpose The purpose of this paper is to understand the meaning and operationalization of food supply chains in the context of the UK and India. Design/methodology/approach The paper follows the systematic literature review approach. The paper examines 99 articles published in peer-reviewed-journals from 1995 to 2017. Findings Findings reveal that food supply chain literature is explored along themes of procurement, food processing, innovation, traceability, safety, environment and sustainability, food policy, quality, health, consumer behavior and packaging. Within these themes, the UK researchers have primarily addressed vertical integration, coordination, safety, competitiveness and transparency and information technology. Indian researchers have focused on issues such as consumer perceptions, retail format choice, organic, health and wellness products. An empirical category is the most popular approach. The survey method is the most popular approach followed by the single case studies. Research limitations/implications The paper contributes to the body of knowledge by presenting a unified synthesis of articles dealing with the food supply chain in the bilateral context of the UK and India. Practical implications The policy makers could use findings for conceptualization of complementarities and possible food supply chain networks. Social implications Food processing activities may have potential to provide sustaining livelihoods to around sixty percent of the Indian population which depends on the agriculture. In the bilateral context, the UK may also get a reliable and cost competitive partner to meet its food import needs. This will help the UK to focus more on its service-led economy which, in turn, may create more jobs. Originality/value The paper highlights the contextual issues of both the countries and presents opportunities for future collaboration.

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