This paper examines how a firm’s financial distress and the legal environment regarding the ease of bankruptcy reorganization can alter product market competition and supplier-buyer relationships. We identify three effects, predation, bail-out, and abetment, that can change firms’ behavior from their actions in the absence of financial distress. The predation effect increases competition before...

These day, supply chains (SCs) have become more and more complicated and have extensively expanded and due to these complexities, the supply chain management (SCM) has encountered several uncertainties, and, as a result, trust and assurance between members in SCs has become essential for a successful SCM. Although trust is an inevitable component in nearly all fields in SCs, like cooperation, c...

Supplier Relationship Management (SRM) is an application that gives support to a company in the task of deciding which supplier to choose when a new supply has to be ordered. It is based on a measure of trust and provides several tools that visualize that measure and support its use on decision making.

We consider a supply chain consisting of one supplier selling through one retailer who faces a newsvendor problem. There is a positive probability that the retailer is capable of gaining improved demand information through costly forecasting. The supplier would like to induce the retailer to forecast and share that information. Restricting the retailer’s ability to return unsold product would i...

Supplier selection can be considered as a complicated multi criteria decision-making problem. In this paper the problem of supplier selection is studied in the presence of conflicting evaluations and insufficient information about the criteria and different attitudes of decision makers towards the risk. Most of fuzzy approaches used in multicriteria group decision making (MCGDM) are non-intuiti...

While the focus of electronic commerce has often been on “dot coms” or pure Internet based companies, a major transformation is under way in many traditional “bricks-and-mortar” organizations. The latter are investing heavily in Internet based technologies and applications in order to attain new heights of efficiency, productivity and business value. While anecdotes in the business press sugges...

Recent years have witnessed the pervasive supply disruptions and their impacts on supply chain performance. In this paper, we investigate the optimal procurement design with supply disruptions and heterogeneous beliefs between the buyer and the supplier. We examine the impact of information asymmetry on the supplier’s belief, the control right of the backup production, and the verifiability of ...

W every firm in a supply chain bears supply risk (the cost of insufficient supply), some firms may, even with wholesale price contracts, completely avoid inventory risk (the cost of unsold inventory). With a push contract there is a single wholesale price and the retailer, by ordering his entire supply before the selling season, bears all of the supply chain’s inventory risk. A pull contract al...