Effect of buyback price on channel’s decision parameters for manufacturer-led close loop dual supply chain

Pathak, Umangi; Kant, Ravi; Shankar, Ravi

doi:10.1007/s12597-019-00421-z

Cited by 9 publications

(4 citation statements)

References 46 publications

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“…Game theoretical studies in supply chain coordination fall into two categories: (1) noncooperative and (2) cooperative. Noncooperative game models such as the Stackelberg game are frequently used to evaluate pricing strategies and their effect on profit (Pathak et al, 2020; Zhang & Wang, 2021). The cooperative game model, such as the Nash bargaining solution, has been utilized to handle the issue of surplus profit allocation (Shekarian, 2020; Zheng et al, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

“…One of the biggest impediments to CSC development is the lack of coordination among stakeholders (Kumar et al, 2019). The supply chain contract is the primary tool for managing circular material flows and making economic and environmental decisions (Raimondo et al, 2021). The contract type is determined by the business model of the agreement (Fischer & Pascucci, 2017).…”

Section: Introductionmentioning

confidence: 99%

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Analyzing coordination strategy of circular supply chain in re‐commerce industry: A game theoretic approach

et al. 2022

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The circular economy seeks to reduce waste by reusing, refurbishing, and recycling used products. It increases the resource value of used goods. In this study, we proposed a circular business gap exploiter model in which a re-commerce company exploits residual value in product systems utilization. A game-theoretic approach is used to investigate the coordination problem of a two-echelon circular supply chain with e-commerce and re-commerce companies. In addition, we proposed a coordinated structure under the revenue sharing contract and the two-part tariff contract through Nash negotiation to address the coordination problems. We compared the centralized and decentralized model findings and observed that the decentralized model shows potential for improvement. We showed model's applicability through numerical examples and sensitivity analysis to indicate how parameters such as wholesale price and retail price affect channel decisions and member profits. The results show that a two-part tariff contract may efficiently coordinate the circular supply chain. The study shows that under a circular business model, two tactics may be applied. These are extending product value and extending resource value.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Analyzing coordination strategy of circular supply chain in re‐commerce industry: A game theoretic approach

et al. 2022

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“…In this way, people and the government can participate in this activity together, so that this activity can achieve positive results. For some historical issues within the framework, we must also take a positive attitude to compensate, in order to gain the understanding and cooperation of these residents, so that the ecological resources can be protected more lastingly (Pathak et al, 2019).…”

Section: Discovery and Utilization Of Resources Within The Ecological...mentioning

confidence: 99%

Application of environmental ecological strategy in smart city space architecture planning

Chen

2021

Environmental Technology & Innovation

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“…Chen et al (2019) studied dual-channel closedloop supply chains from environmental and economic perspectives through mixed-integer nonlinear programming Umangi et al (2019). used the Stackelberg game method to study the influences of self-owned and cross-channel repurchasing prices on demand and optimal sales prices and recovery rates in a closed-loop dual supply chain dominated by various…”

mentioning

confidence: 99%

A closed-loop power battery supply chain differential game model considering echelon utilization under a cost subsidy

Shan

Hou

2022

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Purpose This study considered the dynamic equilibrium decision-making problem in a three-level supply chain comprising a manufacturer, a recycler and an echelon utilization (EchU) enterprise under the condition of cost-sharing coordination. Design/methodology/approach This study constructed a differential game model based on cost-sharing coordinated decision-making among a manufacturer, a recycler and an EchU enterprise operating under a cost subsidy. The study determined the optimal equilibrium strategies and evolutionary characteristics of subsidy mechanisms in a closed-loop supply chain. Finally, this study numerically simulated the path evolution process of vehicle battery EchU, the profit of each stakeholder and the sensitivity of parameters and verified the influences of various parameters on the overall structure and path. Findings The results show that a cost subsidy policy has a moderating effect on the EchU decision-making process and supply chain profit. The effect of that policy increases over time. Practical implications This study determined the equilibrium decision-making of enterprises in a closed-loop vehicle battery supply chain from a dynamic perspective, as well as the combined effects of government subsidy policies and cost-sharing coordination mechanisms. Social implications The results have important guiding significance for coordination and cooperation between enterprises in closed-loop supply chains, for their decision-making and for the development of government subsidies. Originality/value This study considered the effects of government subsidies on closed-loop supply chains and the introduction of an EchU market to a closed-loop vehicle battery supply chain.

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Effect of buyback price on channel’s decision parameters for manufacturer-led close loop dual supply chain

Cited by 9 publications

References 46 publications

Analyzing coordination strategy of circular supply chain in re‐commerce industry: A game theoretic approach

Analyzing coordination strategy of circular supply chain in re‐commerce industry: A game theoretic approach

Application of environmental ecological strategy in smart city space architecture planning

A closed-loop power battery supply chain differential game model considering echelon utilization under a cost subsidy

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