A new robust model for location-inventory in three echelon supply chain with uncertain demand in small and medium business enterprises

2017 ◽  
Vol 7 (1) ◽  
pp. 38
Author(s):  
Nafiseh Aghabozorgi ◽  
Mahdi Alinaghian ◽  
Seyed Mojtaba Sajadi
Keyword(s):  
Supply Chain ◽  
Uncertain Demand ◽  
Robust Model ◽  
Business Enterprises ◽  
Small And Medium Business

scholarly journals Trade Credit with Barter in a Capital-Constrained Supply Chain

2021 ◽  
Vol 13 (20) ◽  
pp. 11361
Author(s):  
Yangyang Huang ◽  
Zhenyang Pi ◽  
Weiguo Fang
Keyword(s):  
Supply Chain ◽  
Trade Credit ◽  
Wholesale Price ◽  
Uncertain Demand ◽  
Equilibrium Strategy ◽  
Optimal Order ◽  
Order Quantity ◽  
Supply Rate ◽  
Optimal Order Quantity ◽  
And Performance

Barter has emerged to alleviate capital pressure, maximize the circulation of goods, and facilitate the disposal of excess inventory. This study considers a two-level supply chain consisting of a manufacturer and a capital-constrained retailer with trade credit, in which the retailer exchanges unsold products for needed subsidiary products on a barter platform. The retailer’s optimal order quantity and the manufacturer’s wholesale price are derived, and the influences of barter and other factors on the equilibrium strategy and performance of the supply chain are examined; these results are verified and supplemented by numerical simulation. We find that the retailer can increase profit by bartering when facing highly uncertain demand, that the retailer’s optimal order quantity increases with the supply rate and demand for subsidiary products, and that both manufacturer and retailer benefit from the high supply rate of subsidiary products. However, barter induces the manufacturer to raise the wholesale price to prevent its profit from being harmed. In addition, the manufacturer suffers from the retailer’s initial capital.

Optimization of vehicle speed for batches to minimize supply chain cost under uncertain demand

2020 ◽  
Vol 515 ◽  
pp. 26-43
Author(s):  
Jasashwi Mandal ◽  
Adrijit Goswami ◽  
Junwei Wang ◽  
Manoj Kumar Tiwari
Keyword(s):  
Supply Chain ◽  
Uncertain Demand ◽  
Vehicle Speed

scholarly journals The Incentive Model in Supply Chain with Trade Credit and Default Risk

Complexity ◽  
2019 ◽  
Vol 2019 ◽  
pp. 1-11
Author(s):  
Hong Cheng ◽  
Yingsheng Su ◽  
Jinjiang Yan ◽  
Xianyu Wang ◽  
Mingyang Li
Keyword(s):  
Supply Chain ◽  
Asymmetric Information ◽  
Moral Hazard ◽  
Private Information ◽  
Default Risk ◽  
Trade Credit ◽  
Uncertain Demand ◽  
Market Demand ◽  
Incentive Contract ◽  
Risk Neutral

Trade credit is widely used for its advantages. However, trade credit also brings default risk to the manufacturer due to the uncertain demand. And moral hazard may aggravate the default risk. The purpose of this paper is to investigate the role of moral hazard in trade credit and explore incentive contract under uncertain demand and asymmetric information. We consider a two-echelon supply chain consisting of a risk-neutral retailer ordering a single product from a risk-neutral manufacturer. Market demand is stochastic and is influenced by retailer’s sales effort which is his private information. Incentive theory is used to develop the principal-agent model and get the incentive contract from the manufacturer’s perspective. Results show that the retailer will reduce his effort level to get more profit and the manufacturer’s profit will be reduced, in the case of asymmetric information. Facing this result, the manufacturer will reduce the order quantity in incentive contract to lessen his losses. Numerical examples are provided to illustrate all these theoretical results and to draw managerial insights.

Planning sustainable hydrogen supply chain infrastructure with uncertain demand

2014 ◽  
Vol 39 (13) ◽  
pp. 6789-6801 ◽  
Author(s):  
Muhammad Dayhim ◽  
Mohsen A. Jafari ◽  
Monica Mazurek
Keyword(s):  
Supply Chain ◽  
Uncertain Demand ◽  
Hydrogen Supply ◽  
Hydrogen Supply Chain

Sustainable supply chain management

2019 ◽  
Vol 30 (5) ◽  
pp. 1001-1049 ◽  
Author(s):  
Swayam Sampurna Panigrahi ◽  
Bikram Bahinipati ◽  
Vipul Jain
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Economic Performance ◽  
Successful Implementation ◽  
Sustainable Supply Chain ◽  
Chain Management ◽  
Content Type ◽  
Sustainable Supply Chain Management ◽  
Research Activities ◽  
Business Enterprises

Purpose The business enterprises are increasingly focusing on buying and supplying of products and services in a manner to reduce the adverse impacts on the environment, society, and economy. In view of the above, the concept of sustainable supply chain management (SSCM) has received attention of the industry and academia due to its importance on environmental, social and corporate responsibility through economic performance. The paper aims to discuss these issues. Design/methodology/approach The structured literature review attempts to map the various theories in the SSCM literature from the perspectives of economic performance, environmental dimensions, and social values and ethics. Findings As supply management is vital for enhancing organizational competitiveness, the present work attempts to investigate the theoretical perspectives in SSCM to develop an understanding of the current research activities and future potentials. Practical implications This work aims to gain a number of valid insights for the practitioners and the researchers. It also focuses on the perspectives of governance mechanisms for successful implementation SSCM practices in the business enterprises. Originality/value As the theory building initiatives with implications on the conceptualization of SSCM is limited in literature, this work has also been able to identify the trends and relevant research gaps to define the potential areas for future research.

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