Manufacturers and retailers in the global economy
نویسندگان
چکیده
We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in order to understand how these two industries interact and how labor is allocated between them. We show that the observed shift in employment from manufacturing to retailing, the rise in retailer product assortment and the emergence of slotting allowances in many retail markets are consistent with the global integration of product markets, while higher retail market concentration is best explained by technological change in retailing. We also identify a novel benefit from market integration consisting of efficiency gains in the vertical distribution chain. JEL-Code: F120, F150, L130.
منابع مشابه
Integrated Procurement, Production and Delivery Scheduling in a Generalized three Stage Supply Chain
In this research, we investigate a three-stage supply chain with one supplier, several manufacturers and multiple retailers where the supplier provides a common raw material to each manufacturer, who in turn uses a single stage production facility to convert it into final products that are delivered at fixed lot sizes to retailers. An integrated economic procurement, production, and delivery mo...
متن کاملCooperative Advertising and Pricing in a Supply Chain: A Bi-level Programming Approach
Nowadays, coordination between members in a supply chain has become very important and beneficial to channel members. Through cooperative advertising, manufacturers and retailers can jointly participate in promotional programs. This action not only reduces the cost of advertising, but also is important to create a link with local retailers in order to increase immediate sales at the retail leve...
متن کاملMaking & giving sense to the global data synchronization network standard adotpion
Despite the widespread diffusion of interorganizational systems (IOS), both retailers and manufacturers suffer significant inaccuracies, flaws, and discrepancies in product information, which undermines the quality of the data they exchange. To remedy this situation, an interorganizational Global Data Synchronization Network (GDSN) standard has emerged since the beginning the last decade. Initi...
متن کاملA Theoretical and Empirical Investigation of Slotting Allowances in the Grocery Industry
This research examines the behavior of manufacturers and retailers in the presence of slotting allowances. Slotting allowances are fees manufacturers pay retailers to encourage them to carry a new product or allocate premium shelf space to a product. According to estimates, retailers collect billions of dollars in allowance payments annually. Using a four-stage game, I formulate a vertical stru...
متن کاملPricing in a two-echelon supply chain with different market powers: game theory approaches
In this research, the optimal pricing decisions for two complementary products in a two-echelon supply chain under two scenarios are studied. The proposed supply chain in each echelon includes one retailer and two manufacturers and the same complementary products are produced. In the first scenario, we assume the unit manufacturing costs of the complementary products in each echelon are the sam...
متن کامل