Supply Chain Contract Choice with Different Behavior Preferences of Retailer

Retailer may exhibit irrationality when facing the risk of demand uncertainty; therefore, we consider four retailer behavioral preferences: risk neutral (RN), waste aversion (WA), stockout aversion (SA), and stockout-waste aversion (SW). The decision-making and contract choice of upstream and downstream enterprises in cases where demand depends on supplier’s effort are studied. The results show that if the retailer has only SA or RN preferences, then the supplier prefers to choose a wholesale price contract, while the retailer does the opposite, if the retailer has only WA, then the supplier prefers to choose a revenue sharing contract, but the retailer’s contract choice depends on the degree of waste aversion, and if the retailer has SW, then the contract choice of upstream and downstream enterprises is related to the degree of waste aversion and stockout aversion.

Supply chain contract selection in the healthcare industry: a hybrid mcdm method in uncertainty environment

The aim of this research study is to address a critique of how and when a supply chain contract is selected based on critical success factors (CSFs) utilizing stepwise weight assessment ratio analysis (SWARA) and Evaluation by an Area-based Method of ranking (EAMR). This research study ranked supply chain contracts by the EAMR in uncertainty environments, such as when breaking down the health care industry. This is done by providing a theoretical framework for sustainable entrepreneurship in telecommunications industry, focusing on managerial and operational practices that should be modified, in accordance to a set of CSFs identified from experts in fertility hospital. As a novel strategy, in this research, the initial factors of selecting customized Supply Chain Management (SCM) were extracted via a Delphi method along with the EAMR to symbolize a decision matrix that needs primary weights acquired through the SWARA method by hesitant fuzzy number. CSFs for achieving SCM contract selection in fertility hospitals were found to rely on a tripod based on effectiveness, transparency, and accountability that are embedded within the ambit of managerial and operational practices, such as focusing and reducing cost and based on these factors the best SCM contract must be selected. Besides, the EAMR method has more reliability than other similar MCDM methods such as TOPSIS, MOORA, VIKOR, and so on main contribution of this paper is the combination of SWARA, EAMR, and using hesitant fuzzy set in the EAMR method. Finally, the result indicates that hospitals based on these CSFs must be selected contracts.

Effect of Additional Order in Two-Stage Supply Chain Contract under the Demand Uncertainty

In this work, mathematical models are formulated in order to investigate the effect of the additional order on the expected total profit of a two-stage supply chain. A multi-period buyback contract between a supplier and a retailer under the demand uncertainty is considered. Under the contract, an advance order is submitted to the supplier in advance when the demand is unknown, and an additional order can be made at the beginning of each period after the previous period demand is realized. The impact of the coordination on the supply chain’s expected total profit is also considered. The results show that the additional order does not always increases the supply chain profit. The additional order increases the supply chain profit only when both the retailer and supplier are coordinated. Under the decentralized system with the buyback contract, the retailer tends to order less in an advance order to reduce the risk. This leads to the higher cost due the additional order after the demand is realized. As a result, it is lowers the supply chain profit. Moreover, the sensitivity analysis is performed using numerical studies in order to observe the behavior of the expected total profit of the supply chain.