This paper investigates the effect of information updating on the members of a two-stage supply chain in the presence of spot market. The supplier decides the contract price. New information becomes available as time progresses. The manufacturer updates his belief on demand and/or spot price and subsequently decides the contract quantity. The demand and spot price are correlated. Thus, the new ...

We introduce a wholesale pricing strategy for an incumbent supplier facing with a competitive counterpart. We propose a profit function which considers both the present loss and future loss from a wholesale price and then study the optimal wholesale prices for different objectives about this profit function for the incumbent supplier. First, we achieve an optimal wholesale price for the incumbe...

Focusing on supplier selection, this article addresses two questions: (1) What are the antecedents that lead to the adoption of various types of selection strategies? (2) What impact do these strategies have on supplier performance? We build a research model showing how both the uncertainty-based and resource-based views drive market-focused and relationship-focused supply selection strategies....

We are interested in supporting multi-agent contracting in which customer agents solicit the resources and capabilities of other selfinterested supplier agents in order to accomplish their goals. Goals may involve the execution of multi-step tasks in which different tasks are contracted out to different suppliers. In this paper we focus on the design of supplier agents. The agents are designed ...

Copyright: © 2017 INFORMS Abstract. Competing technologies in emerging industries create uncertainties that discourage supplier investments. Open technology can induce supplier investments, but may also lead to intensified future competition. In this paper, we study competing manufacturers’ open-technology strategies. We show that despite the risk of intensifying future competition, open techno...

Abstract Electric power market competition is intense. The competition between the various power plants will is the contest of economic efficiency as the core. Fuel cost is the center link of production management and economic accounting in thermal power plant, so selection management of the coal-fired supplier has great significance for the development of thermal power enterprise and improveme...

The research on service supply chain has attracted more and more focus from both academia and industrial community. In a service supply chain, the selection of supplier portfolio is an important and difficult problem due to the fact that a supplier portfolio may include multiple suppliers from a variety of fields. To address this problem, we propose a novel supplier portfolio selection method b...

This paper examines the ISO 9001\2 requirement that the capability of a supplier to supplier product or service should be assessed. In practice the development of a preferred supplier list is driven by qualitative rather than quantitative factors of supplier capability. In the field of software considerable progress has been made towards developing models which when applied yield quantitative m...

An effective supplier selection process is very important to the success of any manufacturing organization. The main objective of supplier selection process is to reduce purchase risk, maximize overall value to the purchaser, and develop closeness and long-term relationships between buyers and suppliers in today’s competitive industrial scenario. The literature on supplier selection criteria an...

The Internet brings suppliers unprecedented opportunity of selling directly to consumers, a trend predicted as disintermediation (Malone et al. 1987). However, the coexistence of online reseller channels and direct channels leads to a subtle relationship between suppliers and online resellers, that is, the two parties cooperate as well as compete with each other. In this paper, we build a game-...