The optimal contract and contract parameters are presented when a shipper and a capacitated transport service provider interact repeatedly to renew procurement agreements for one product in a multi period game. Three forms of contracts which enable credible information sharing are analyzed: a priceonly relational contract, a minimum purchase commitment or a quantity flexibility contract. A back...

In the literature of supply chain management (SCM), the traditional approach to balance supply and demand is to design bilateral supply contracts in order to provide mutual benefits to both sellers and buyers. The commonly used contract parameters include decision rights, pricing, minimum purchase commitments, quantity flexibility, buyback or returns policies, allocation rules, lead time, and q...

  Supply chain includes two or more parties linked by flow of goods, information, and funds. In a decentralized system, supply chain members make decision regardless of their decision's effects on the performance of the other members and the entire supply chain. This is the key issue in supply chain management, that the mechanism should be developed in which different objectives should be align...

The members of a chain always try to find new ways in order to raise their profit. Hence we intend to study two different scenarios in a single item two-echelon green supply chain including two manufacturers and one retailer to study the effects of two effective contracts on members’ profit. Two scenarios are discussed and in first one, first manufacturer proposes quantity discount contract to ...

This paper considers the issues of pricing, lot-sizing decisions and coordination in a supply chain consisting one original equipment manufacturer (OEM) contract (CM). A Bayesian game accounting for asymmetric information is established to optimize CM’s outsourcing price OEM’s selling price. Stackelberg incorporating yield demand uncertainties subsequently modeled production quantity order quan...

This paper analyzes a decentralized global supply chain under newsvendor setting, where supplier delivers certain quantity of single product to buyer in accordance with the terms mutually agreed upon contract. contract is signed prior delivery and subsequent payment, thus, exposing risk currency exchange rate fluctuations. We propose two types flexibility contracts explore characteristics mitig...

The study examines two dimensions of IT outsourcing contract structure: contract specificity and flexibility. We posit that the contract structures are influenced by (a) relational elements such as prior interactions, current nature of relationship between the contracting parties, and future interactions; and by (b) the attributes of transactions such as investment specificity and task and tech...