Coping with Loss Aversion and Risk Management in the Supply Chain Coordination

Risk Aversion Coordination Simulation Model for Supply Chain

Facing the complex and changeful market environment, members of the enterprise in supply and demand network more consider seeking to build partnerships, with a specialization in a larger scope; effectively reduce all kinds of business cost of the enterprise, fully realized system scale effect. First discussed the basic characteristics of the network of supply and demand and enterprise, using th...

Risk Aversion and Supply Chain Contract Negotiation

Robust supply chain coordination modeling: A revenue management perspective

The revenue management concept and techniques are applied to model the coordination of supply chain elements. The fundamental premise of this approach is synchronization of a group of business entities consist-ing of a manufacturer and multiple suppliers to achieve an optimal supply chain capacity plans. The output of the supply chain can be various products and thus it is measured in terms of ...

Supplier selection in supply chain management with disruption risk and credit period concepts

Supplier selection is one of the most critical activities of purchasing management in supply chain and managers increasingly face sourcing decisions of how to selected suppliers. This paper illustrates the development of a sourcing decision that provides support for the buyer firm in supply chain.The models developed here, involved selecting between single and dual sourcing. Outside and local s...

Channel coordination in green supply chain management

Environmental consciousness has become increasingly important in everyday life and business practice. The effort to reduce the impact of business activities on the environment has been labelled as green supply chain management. Any major greening project would require efforts on the part of the entire supply chain. However, very few studies have addressed the issue of coordinating the green sup...