Dynamic pricing and inventory management of a dual-channel supply chain under different power structures

Li, Mengmeng; Mizuno, Shinji

doi:10.1016/j.ejor.2022.02.049

Cited by 71 publications

(22 citation statements)

References 69 publications

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“…Capital Constrained Free-Riding Power Structure Financing Decision Dual-Channel [18,20] Yes Yes [32,22] Yes Yes Yes [9] Yes Yes Yes [10] Yes Yes [11,35] Yes Yes Yes [19] Yes Yes Yes [41,43,45] Yes Yes Our paper Yes Yes Yes Yes Yes…”

Section: Literaturementioning

confidence: 88%

“…Luo et al [42] examined the impact of the power structure and customer value on the operation strategy of the retailer, and found that different power structures do not impact the retailer's product choice decision criteria and behaviors. Yang et al [43] studied the influence of power structure and expected regret on the optimal remanufacture decision of the supply chain. Li et al [44] studied the dynamic pricing and inventory management of a dual-channel supply chain and found that the power structure affected the basic inventory level.…”

Section: Channel Power Structurementioning

confidence: 99%

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Dual-Channel Supply Chain Financing Operation Strategy Considering Free-Riding Effect under Different Power Structures

et al. 2022

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This paper considers a dual-channel supply chain consisting of a manufacturer and a capital-constrained retailer, where the retailer makes certain sales efforts and the manufacturer may hitch a ride on the retailer’s sales efforts. Deferred payment and bank loan financing models under Retailer- and Manufacturer-Stackelberg settings are established, respectively. The equilibrium price and sales effort strategies of both sides of the supply chain under two power structures and financing modes are obtained by the backward solution method, and then the influence of free-riding behavior and financing interest rate on equilibrium strategies is explored, as well as how the power structure affects the financing decisions of enterprises. The results show that deferred payment is more conducive to retailers’ sales effort and order volume, which is the optimal financing model for the retailers under each power structure. Power structure affects the initial capital threshold of retailers and the manufacturers’ financing decisions. The impact of free-riding behavior and financing rate on equilibrium prices exists and varies, depending on the power structure and financing model. Numerical simulation results show that manufacturers should give priority to publishing price strategies, while retailers should decide whether to give priority to publishing price strategies according to financing mode and cross-price sensitivity. This paper’s findings can provide valuable guidance for decision-making in financing, price, and sales effort for the capital-constrained dual-channel supply chain.

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Section: Literaturementioning

confidence: 88%

Section: Channel Power Structurementioning

confidence: 99%

Dual-Channel Supply Chain Financing Operation Strategy Considering Free-Riding Effect under Different Power Structures

et al. 2022

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“…They indicate that the performance of the Nash game is always optimal. Under three different power structures, Li and Mizuno (2022) explore the joint dynamic pricing and inventory issue for a dual-channel supply chain. Zha et al (2023) examine the influences of power structures on the technology platform and the device manufacturer with two revenue models.…”

Section: The Power Structurementioning

confidence: 99%

Optimal fresh agricultural products private brand introduction and sourcing strategy considering different power structures

Cao

Gao

2023

Manage Decis Econ

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In recent years, many fresh e‐tailers have introduced private brands (PBs). The introduction of PBs will increase product competition and incur fixed fee for e‐tailers; thus, e‐tailers need to consider whether to introduce PBs and where do they source their fresh products. To address these challenges, this paper develops theoretical models. The results show that introducing PB benefits e‐tailers if the construction fee of the PBs is relatively low. Interestingly, national brand (NB) suppliers have an incentive to negotiate with e‐tailers to order PB products from them. Moreover, the willingness to introduce PBs is influenced by the power structure.

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“…Wang et al (2021) argued that consistent pricing could reduce price competition between dual channels and protect disadvantaged offline retailers compared to differentiated pricing for dual channels. However, Li and Mizuno (2022) proposed that dynamic pricing was more suitable for dual-channel supply chains. Because when consumers remain highly patient, adopting dynamic pricing can mitigate the conflict between the two channels (Yu et al, 2022).…”

Section: Pricing Decisionsmentioning

confidence: 99%

Pricing decision making and coordination of a dual‐channel supply chain considering online reviews and channel preferences

Liu

Ren

et al. 2023

Manage Decis Econ

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Many problems regarding channel conflicts exist in the pricing process of a manufacturer‐led dual‐channel supply chain. By considering the fact that online reviews and channel preferences are the important factors that influence consumer purchasing behaviors and the decision‐making of the supply chain, this paper deals with these problems through the development of a model involving online reviews and channel preferences. It then analyzes optimal decisions under either decentralized or centralized decision‐making scenarios. The impact of online review service input and consumer channel preference on optimal supply chain decisions and profits is further analyzed. Finally, based on the developed model, a revenue sharing contract coordination scheme is designed to achieve Pareto improvements in the supply chain. The results show that the degree of consumer preference for online channels affects the best consumer decisions and the overall profit of the supply chain. The impact coefficient of online reviews is positively correlated with the manufacturer's direct selling price, the level of input to online review services, and the profit of the entire supply chain. The provision of online review services can significantly increase channel prices, market sales, and profits compared to channel preferences. The overall profit of the supply chain under centralized decision‐making is significantly greater than that under decentralized decision‐making, and the coordination model can effectively coordinate the supply chain and alleviate conflicts.

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Dynamic pricing and inventory management of a dual-channel supply chain under different power structures

Cited by 71 publications

References 69 publications

Dual-Channel Supply Chain Financing Operation Strategy Considering Free-Riding Effect under Different Power Structures

Dual-Channel Supply Chain Financing Operation Strategy Considering Free-Riding Effect under Different Power Structures

Optimal fresh agricultural products private brand introduction and sourcing strategy considering different power structures

Pricing decision making and coordination of a dual‐channel supply chain considering online reviews and channel preferences

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