Cost–Revenue Sharing in a Closed-Loop Supply Chain

Giovanni, Pietro De; Zaccour, Georges

doi:10.1007/978-0-8176-8355-9_20

Cited by 30 publications

(34 citation statements)

References 35 publications

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“…Manufacturers also must invest in operational activities such as creating and maintaining recycling facilities, collection arrangements, reverse logistics, reprocessing strategies, and so on. The marketing activities and operational activities both have dynamic and long term effects, which means that the return rate reflects the whole investment history [12]. In this way, the investment and return characteristics for a CLSC are similar to those presented in the dynamic advertising problem [13].…”

Section: Introductionmentioning

confidence: 84%

“…In this way, the investment and return characteristics for a CLSC are similar to those presented in the dynamic advertising problem [13]. To study the dynamic return problem, we developed a stochastic differential game model similar to the one presented by De Giovanni and Zaccour [12]. The model simultaneously considered the dynamic effect of the collection process and the stochastic factors during the collection activities.…”

Section: Introductionmentioning

confidence: 99%

“…However, to the best of our knowledge, there has been little research that utilizes the dynamic control model to investigate the return problem in the CLSC area. De Giovanni and Zaccour [12] and Huang and Nie [19] were two of the few attempts made in this direction.…”

Section: Introductionmentioning

confidence: 99%

“…Their major focus was on closed-loop network design decisions, using fuzzy set theory to handle the uncertainties. This area of research focused mainly on the issues of product collection in terms of quality or timing uncertainty, but the collection activities had their dynamic nature as well [12,38,39].…”

Section: Introductionmentioning

confidence: 99%

“…De Giovanni and Zaccour [12] proposed a dynamic collection model that utilized a differential game method to characterize the feedback equilibrium of a CLSC with one manufacturer and one retailer. A cost and revenue-sharing contract was proposed.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

Dynamic Collection Strategy and Coordination of a Remanufacturing Closed-Loop Supply Chain under Uncertainty

2017

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This paper aims to investigate the uncertainty factors that impact the collection strategy of a remanufacturing closed-loop supply chain. The basis of this type of supply chain is the collection of used products, without which the remanufacturing of new products would be out of the question. In this paper, we considered the effect of stochastic disturbance on the collection process in a closed-loop supply chain consisting of a manufacturer and a retailer, in which the manufacturer is responsible for collecting the used products. Considering stochastic disturbance, in this research, we proposed a stochastic collection model, and derived the feedback control strategies for both the manufacturer and retailer. Next, we investigated the evolutionary path and probability distribution of the stochastic return rate. Finally, we proposed a contract to coordinate the decentralized closed-loop supply chain. The results showed that the manufacturer would improve the level of return effort as the intensity of stochastic disturbance increases. However, the disturbance would not affect the pricing strategies of the supply chain members. As a result of the stochastic disturbance, the return rate always hovered around the expected return rate, while the expectation and variance of the return rate remained stable from a long-term perspective. The expected value and variance of the return rate could decrease or increase with time, depending on the value of the initial return rate of the system.

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Section: Introductionmentioning

confidence: 84%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Dynamic Collection Strategy and Coordination of a Remanufacturing Closed-Loop Supply Chain under Uncertainty

2017

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Coordination in Closed-Loop Supply Chain with Price-Dependent Returns

Giovanni

Genç

2019

International Series in Operations Research &Amp; Management Science

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This paper proposes two Closed-loop Supply Chain (CLSC) games in which a manufacturer sets some green activity programs e¤orts and a retailer sets the selling price. Both strategies in ‡uence the return rate, which is a state variable. The pricing strategy plays a key role in the identi…cation of the best contract to achieve coordination as well as in achieving environmental objectives. The pricing strategy in ‡uences the return rate negatively, as consumers delay the return of their goods when the purchasing (and repurchasing) price is high. We then compare a wholesale price contract (WPC) and a revenue sharing contract (RSC) mechanism as both have interesting pricing policy implications. Our result shows that …rms coordinate the CLSC through a (WPC) when the sharing parameter is too low while the negative e¤ect of pricing on returns is too severe. In that case, the low sharing parameter deters the manufacturer to accept any sharing agreements. Further, …rms coordinate the CLSC when the sharing parameter is medium independent of the negative impact of pricing on returns. When the sharing parameter is too high the retailer never opts for an RSC. We …nd that the magnitude of pricing e¤ect on returns determines the contract to be adopted: For certain sharing parameter, …rms prefer an RSC when the price e¤ect on return is low and a WPC when this e¤ect is high. In all other cases, rms do not have a consensus on the contract to be adopted and coordination is then not achieved.Journal of Economic Literature Classification: L1, M11, D24.

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Smart Contracts and Blockchain for Supply Chain Quality Management

Giovanni

2020

Dynamic Quality Models and Games in Digital Supply Chains

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Cost–Revenue Sharing in a Closed-Loop Supply Chain

Cited by 30 publications

References 35 publications

Dynamic Collection Strategy and Coordination of a Remanufacturing Closed-Loop Supply Chain under Uncertainty

Dynamic Collection Strategy and Coordination of a Remanufacturing Closed-Loop Supply Chain under Uncertainty

Coordination in Closed-Loop Supply Chain with Price-Dependent Returns

Smart Contracts and Blockchain for Supply Chain Quality Management

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