scholarly journals Optimal Production Decisions of Green Supply Chain Under Random Demand in Production Manufacturing

CONVERTER ◽  
2021 ◽  
pp. 459-475
Author(s):  
Yi Wang, Et al.
Keyword(s):  
Manufacturing Industry ◽  
Wholesale Price ◽  
Market Potential ◽  
Green Products ◽  
Random Demand ◽  
Pricing Decision ◽  
Green Production ◽  
The Face ◽  
Total Profit ◽  
Production Quantity

To investigate supply chain’s performance in production manufacturing industry, we establish a green one under random demand containing two members.In the channel, production quantity, wholesale price, and green-level are decided by the manufacturer. Retail price is decidedby theretailer. It showshow the parameters, such as the market potential, consumers' preference for green products, production cost and the green investment parameter, influence the performance of the production, pricing decision, whole channel's profit. We find that: (1) When the two members work as a team, green-level will increase, and this will also promote sustainable development of green production;(2) In the face of random demand, improvements in the manufacturer's green production technology, increased promotion of green products by the retailer, and enhanced green preferences of consumers are all conductive to improve channel's total profit.

scholarly journals The More Supply Chain Control Power, the Better? A Comparison among Four Kinds of Cooperation Models

2015 ◽  
Vol 2015 ◽  
pp. 1-19 ◽  
Author(s):  
Weihua Liu ◽  
Shuqing Wang ◽  
Donglei Zhu
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chain Coordination ◽  
Wholesale Price ◽  
The Other ◽  
Order Quantity ◽  
Control Power ◽  
Decentralized Decision Making ◽  
Optimal Value ◽  
Total Profit

This paper introduces the parameter of supply chain control power into existing supply chain coordination models and explores the impacts of control power on the profits of manufacturer, retailer, and the overall supply chain under four modes of decision-making, including the decentralized decision-making dominated by manufacturer, the decentralized decision-making dominated by retailer, centralized decision-making, and Nash negotiation decision-making. Some significant conclusions are obtained. Firstly, supply chain control power does have great impact on the supply chain profits. The profit of the whole supply chain with centralized decision-making is higher than those of the other three modes, while the overall profit of supply chain with decentralized decision-making is superior to the profit when retailer and manufacturer dominate the supply chain together. Secondly, with decentralized decision-making, for manufacturer and retailer, it is beneficial to gain the control powers of the supply chain; however, control power has an optimal value, not the bigger, the better. Thirdly, under certain circumstances, order quantity will increase and the wholesale price will decrease when control power is transferred from manufacturer to retailer. In this case, the total profit of supply chain dominated by retailer will be greater than that dominated by manufacturer.

Dynamic Nexuses between Macroeconomic Variables and Sectoral Stock Indices: Reflection from Indian Manufacturing Industry

2020 ◽  
Vol 45 (3) ◽  
pp. 239-269
Author(s):  
Sumit Kumar Maji ◽  
Arindam Laha ◽  
Debasish Sur
Keyword(s):  
Economic Policy ◽  
Manufacturing Industry ◽  
Price Index ◽  
Wholesale Price ◽  
Real Effective Exchange Rate ◽  
Policy Uncertainty ◽  
Macroeconomic Factors ◽  
Macroeconomic Variables ◽  
Economic Policy Uncertainty ◽  
Stock Indices

Determination of significant sector specific macroeconomic factors under the board manufacturing industry is an important task. In Indian context, using the monthly data on five major manufacturing sector specific indices (such as BSE-Basic Materials, BSE-Consumer Discretionary Goods and Services, BSE-Fast Moving Consumer Goods, BSE-Health Care and BSE-Industrials) and the macroeconomic variables (gold price, index of industrial production, wholesale price index, money supply, foreign portfolio investment ratio (FPIR), rate of interest, real effective exchange rate and crude oil price and economic policy uncertainty) for the period September, 2005 to November, 2016, the present study attempted to explore the significant sector specific macroeconomic variables in long run as well as short run. The empirical results obtained by applying the ARDL-UECM model suggested that economic policy uncertainty, FPIR and price factor were observed to be the most important determinants of all the five sectoral stock indices for the study period.

Decision Models of Supply Chain Under Asymmetric Information with Demand Disruption

2010 ◽  
Vol 143-144 ◽  
pp. 773-781
Author(s):  
Xin Rong Jiang ◽  
Yong Chao Li
Keyword(s):  
Supply Chain ◽  
Asymmetric Information ◽  
Stackelberg Game ◽  
Wholesale Price ◽  
Retail Price ◽  
Expected Profit ◽  
Decision Models ◽  
Market Demand ◽  
Optimal Production ◽  
Production Quantity

This paper studied the influence of asymmetric information and demand disruption on the decision of the supply chain. We analyzed the supply chain decision models based on a Stackelberg game under normal circumstances and demand disruption situation. The conclusion indicates when the market demand is disrupted, the optimal wholesale price, the retail price, the supplier’s expected profit and the supply chain system’s expected profit change in the same direction as the demand disruption, while the optimal production quantity and the retailer’s profit both have certain robustness under disruption. Finally we gave a numerical example to illustrate our analysis.

scholarly journals Study on the Perishable Product’s Pricing Decision With Overconfident Consumers in the Dual-Channel Setting

2020 ◽  
Vol 11 (5) ◽  
pp. 20
Author(s):  
Ying Li ◽  
Guihang Guo
Keyword(s):  
Wholesale Price ◽  
Information Collection ◽  
Decision Making Process ◽  
Sale Price ◽  
Direct Selling ◽  
Sales Revenue ◽  
Optimal Analysis ◽  
Dual Channel ◽  
Pricing Decision ◽  
The Mean

With the development of internet, the online shopping mode has become more popular among consumers, and the online direct selling becomes more common. Besides buying products from traditional stores, consumers could get the product directly from the manufacturer online. In the dual channel setting, the competition becomes fiercer. Retailer should focus more on the price decision and take suitable pricing strategy to increase its profit. In this paper, consumer’s overconfidence behavior is incorporated into perishable products’ pricing decision in the partially integrated dual channel setting. Through the analysis of consumer’s decision making process, this paper constructs the model for partially integrated manufacturer and retailer under the mean and precision overconfidence scenarios, conducts the optimal analysis, and analyzes the effect of consumer’s overconfidence level on the optimal wholesale, retail and direct selling prices. We conclude that, no matter consumers are mean-overconfident or precision-overconfident; there are optimal wholesale price, direct sale price and retail price. Business enterprises should enhance their information collection capability and adopt some marketing measures to influence consumer’s overconfidence level in order to increase the sales revenue.

scholarly journals Precariousness, Gender, Resistance and Consent in the Face of Global Production Network’s ‘Reforms’ of Pakistan’s Garment Manufacturing Industry

2021 ◽  
Author(s):  
M Ayaz ◽  
MJ Ashraf ◽  
Trevor Hopper
Keyword(s):  
Supply Chains ◽  
Gender Relations ◽  
Manufacturing Industry ◽  
Global Supply Chains ◽  
Precarious Work ◽  
Labour Process ◽  
The Face ◽  
Unanticipated Consequences ◽  
Garment Manufacturing

© The Author(s) 2019. This case study of the restructuring of Pakistan’s garment manufacturing industry explores how attempts to increase capital’s control over the labour process intersect with local patriarchal structures and trigger workers’ reflexivity and agency causing unanticipated consequences. Using Archer’s notion of agency, the article examines the theoretical space where capitalism meets patriarchy, and both are reproduced. The focus on reflexivity, anchored between objective contexts and agents’ personal concerns, helps theorize capital–labour–gender relations in global supply chains and explains workers’ impactful resistance to protect a supposedly precarious work regime. Our findings challenge the notion that globalization reduces workers’ agency and their potential for impactful resistance.

scholarly journals Trust and communication as predictors of customer satisfaction in business-to-business relationship marketing in the South African cement manufacturing industry

2015 ◽  
Vol 4 (2) ◽  
pp. 98-104 ◽  
Author(s):  
Phineas Mbango ◽  
Maxwell Agabu Phiri
Keyword(s):  
Customer Satisfaction ◽  
South African ◽  
Relationship Marketing ◽  
Manufacturing Industry ◽  
Cement Industry ◽  
Business Relationship ◽  
The South ◽  
The Face ◽  
Cement Manufacturing ◽  
Business To Business

Customer satisfaction has become relevant in the South African cement industry as it leads to customer loyalty and cooperation. In the current climate, to ensure long-term profitability, cement suppliers need to adopt strategies to ensure customer satisfaction. This study’s literature search has revealed that there is limited published research, particularly in South Africa, which deals with customer satisfaction determinants in the cement industry. The major objective of the study was to test if trust and communication influence customer satisfaction in the context of business-to-business relationship marketing in the South African cement manufacturing industry. The methodology involved a survey and was quantitative in nature. Data were collected from 362 major business-to-business cement customers throughout South Africa’s nine provinces using the face-to-face interview technique using a seven-point Likert scale structured self-administered questionnaires. The data collected in the empirical study were analysed using descriptive, correlation and regression analysis. The empirical results of this study suggest that, in order to maintain customer satisfaction, a cement supplier has to invest in ways of enhancing customer trust and communication. As a result this study makes both theoretical and practical contribution in the field of relationship marketing

scholarly journals Two-Stage Pricing Decision for Low-Carbon Products Based on Consumer Strategic Behaviour

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Cheng Che ◽  
Zhihong Zhang ◽  
Xiaoguang Zhang ◽  
Yi Chen
Keyword(s):  
Low Carbon ◽  
Carbon Product ◽  
Two Stage ◽  
Strategic Consumers ◽  
Strategic Behaviour ◽  
Product Pricing ◽  
Pricing Decision ◽  
Total Profit ◽  
Time Changes ◽  
The Impact

The development of information technology has changed the pricing strategy of retailers, and consumers have also made strategic consumption behaviours accordingly. At the same time, changes in the environment have caused changes in the retailer’s products and raised consumers’ environmental awareness. This paper uses a two-stage pricing model to study the low-carbon product pricing decisions of retailers based on strategic consumers with low-carbon preferences in two situations. Through the analysis of low-carbon and ordinary products in two situations, the following conclusions can be drawn: (1) In a market where retailers only sell low-carbon products, product prices and profits increase as consumers’ green preference θ increases. (2) In the low-carbon product and ordinary product markets, the price and profit of low-carbon products increase with regard to consumers’ green preference θ . (3) In the second stage, when consumers’ intertemporal discount factor β for ordinary products is larger than that of low-carbon products, the retailer’s total profit is smaller. The research conclusion comprehensively analyses the impact of customer strategic behaviour on the two-stage pricing decision of green differentiated products, which provides a very important reference for retailers to make pricing optimization decisions.

scholarly journals Pricing Decision within an Inventory Model for Complementary and Substitutable Products

Mathematics ◽  
2019 ◽  
Vol 7 (7) ◽  
pp. 568 ◽  
Author(s):  
Ata Allah Taleizadeh ◽  
Masoumeh Sadat Babaei ◽  
Shib Sankar Sana ◽  
Biswajit Sarkar
Keyword(s):  
Optimization Method ◽  
Selling Price ◽  
Complementary Products ◽  
Substitutable Products ◽  
Pricing Decision ◽  
Proposed Model ◽  
Total Profit ◽  
Order Quantities ◽  
The Stability ◽  
Classical Optimization

A combination of substitutable and complementary products is very important for any business industry to make all-round profit from different aspects. How deterioration affects complementary products or substitutable products is discussed in this study. This study investigates the pricing and inventory decisions for complementary and substitutable items which are deteriorating in nature. Four models are analyzed where the demand of one product is dependent upon the selling price and the price of another product. This paper tries to compute the optimum prices and order quantities to optimize the total profit, which is the main aim. Theoretically, this model is solved by a classical optimization method. Numerical examples demonstrate the applicability of this model. Results conclude that the total profit is dependent on the degree of substitutability and complementarity. A sensitivity analysis of optimal solutions is given to test the stability of the proposed model.

Corporate Innovation and Intrapreneurship in the Middle East

2017 ◽  
pp. 37-56
Author(s):  
Philippe W. Zgheib
Keyword(s):  
United States ◽  
Middle East ◽  
Manufacturing Industry ◽  
The United States ◽  
Arab Region ◽  
Corporate Innovation ◽  
Western Concept ◽  
The Face ◽  
Vague Concept

Corporate Intrapreneurship (CIP) is still viewed in many cases in the Arab region as a western concept that does not apply to the Middle East. Whereas Corporate Intrapreneurship (CIP) has been an area of increased interest in the United States and in Europe in the last few decades, stimulated mainly by the hope that it will revitalize and regenerate the manufacturing industry, among others, in these countries, especially in the face of increased competition, in the Middle East CIP is still a somewhat new and sometimes vague concept with little understanding to its benefits and uses. The objective of this chapter is to link intrapreneurship to the well-developed literature on entrepreneurship, to develop a model that will allow us to incorporate those factors that are critical to the intrapreneurial zone of an organization.

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