We study the competition of two supply chains which are subject to supply uncertainty. Each supply chain consists of a supplier and a retailer. The retailers engage in Cournot competition by determining order quantities from their exclusive suppliers. The suppliers may not be able to fulfill the retailer orders at all time due to various causes. We examine the decisions of the suppliers and ret...

REQUIRED) Uncertainty is a major problem in any supply chain. Inventory and excess capacities used to cope with uncertainty are significant cost drivers. Advanced information systems have been employed to support information exchange along the supply chain and were successful in synchronizing supply and demand and downsizing inventories. However, close cooperation requires mutual trust as a bas...

This paper investigates the impacts of both the demand uncertainty and the supply disruption probability on the decisions of two sourcing strategies: one is dual sourcing and the other is single sourcing with contingent supply. The expected profit functions and the optimal decisions of the buyer are derived and compared. Then sensitivity analysis is given through numerical examples. Explicit in...

Supply chain is an organized combination of inbound logistics, production plants and multiechelon distribution network. Decentralized distribution networks are common and prone to exogenous and endogenous uncertainties. Information uncertainty from the downstream customer and material uncertainty from the upstream supplier makes the supply chain behavior more complex. Previous attempts made to ...

The paper explores the marketing-supply chain management (M-SCM) interface in New Product Development (NPD) processes according to some contextual factors drawn by literature. NPD processes of two divisions of the Italian branch of a multi-national company operating in the electric devices industry have been studied. Different configurations of the MarketingResearch & Development (R&D)-SCM inte...

this paper presents a theoretical model in order to determine tile expected rate of durable good`s supply over time. the social plaliner maximizes tile sum of the discount ed net benefit. subject to the stochastic fluctuation in the stock of durable goods. it turns out that a social planner increases the expected rate of supply since uncertainty increases the user's loss from the view poin...

On the Internet there are publishers (the supply side) who provide free contents (e.g., news) and services (e.g., email) to attract users. Publishers get paid by selling ad displaying opportunities (i.e., impressions) to advertisers. Advertisers then sell products to users who are converted by ads. Better supply side revenue allows more free content and services to be created, thus, benefiting ...

To come from the Bank of England to speak to the Society of Business Economists is to be a nominal economist among real economists. Businesses like yours and those who work in them are the real economythe supply sidethe workings of which ultimately determine the paths of real economic variables such as output growth, employment and productivity. The Bank’s paramount monetary policy objective ...

We study the strategic design of a supply chain for new products. Planning a supply chain for a new product requires addressing both uncertainties in demand and cost and changes in market conditions over time. We develop a mathematical programming model for new products that includes both financial viability and robustness relative to uncertainty. An example based on a Fortune 200 company’s eff...

Supply Chain Management (SCM) refers to the problems where the decisions of supply, production and demand are integrated in a single framework. A typical supply chain faces uncertainty in terms of supply, production and demand. Therefore, SCM is largely about managing uncertainty and risks. This paper introduces a simulationand optimisation-based decision support system that helps the scheduler...