Optimising small-scale electronic commerce supply chain operations: a dynamic cost-sharing contract approach

Rathnasiri, Sahani; Ray, Pritee; Vega-Mejía, Carlos A.; Islam, Sardar M. N.; Rana, Nripendra P.; Dwivedi, Yogesh K.

doi:10.1007/s10479-022-04662-y

Cited by 8 publications

(2 citation statements)

References 95 publications

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“…In recent years, many scholars have used the contract to coordinate the supply chain, and contracts can improve supply chain performance and efficiency [15], [16]. The contract to coordinate the supply chain can achieve good results [17], [18], [19], [20], [21], [22], [23], [24]. Typical supply chain contracts include wholesale contracts [25], quantity flexibility contracts [26], buyback contracts [27], quantity discount contracts [28], sales rebate contracts [29], revenue sharing contracts [30], twostage pricing contracts [31]and option contracts [32].…”

Section: Literature Reviewmentioning

confidence: 99%

Two-Stage Decision Model of Fresh Agricultural Products Supply Chain Based on Option Contract

Zhao

Cheng

2022

IEEE Access

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In this paper, we study a two-stage fresh agricultural products supply chain consisting of a producer and a retailer. Fresh agricultural products are prone to quality and quantity loss, so the retailer needs to exert freshness-keeping effort to reduce loss. Since the product's freshness and pricing will affect the market demand, we assume that the pricing of fresh agricultural products follows a two-stage decision, and the price is reduced after the freshness decreases. We compare two-stage decision models under three scenarios: centralized, decentralized, and option contracts to explore the impact of freshness-keeping effort on the supply chain and the coordination effect of option contracts on the supply chain. The results show a critical value of freshness-keeping effort under different decision scenarios. The retailer's profit is directly proportional to the freshness-keeping effort when it is less than the critical value. When it exceeds the critical value, retailer profit is inversely proportional to the freshness-keeping effort. Introducing option contracts can increase the total order quantity, reduce the selling price, and increase the supply chain profit. When the freshness-keeping effort satisfies specific conditions, the total profit under the option contract is equal to the total profit under the centralized decision, and perfect supply chain coordination can be achieved. Finally, the theoretical reasoning and conclusions of the model are verified by numerical simulation, and the influence of freshness-keeping effort on supply chain decision-making and coordination effect is analyzed.INDEX TERMS Fresh agricultural products, supply chain, freshness-keeping effort, option contract, twostage decision-making, coordination.

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Section: Literature Reviewmentioning

confidence: 99%

Two-Stage Decision Model of Fresh Agricultural Products Supply Chain Based on Option Contract

Zhao

Cheng

2022

IEEE Access

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“…The objective of our paper is to study the impact of collaboration on agrifood value chain participants' long-term strategic behavior in reducing emissions. Previous studies [5][6][7][8][9][10][11][12] have identified several common collaborative mechanisms in the agricultural sector: non-cooperation [6,[13][14][15], cost-sharing [14,[16][17][18], and cooperation [13,[19][20][21]. These collaborative mechanisms represent various degrees of collaboration among value chain participants, which might lead to value chain participants exhibiting different strategic behaviors.…”

Section: Introductionmentioning

confidence: 99%

Emissions reduction strategy in a three-stage agrifood value chain: A dynamic differential game approach

Wang,

Fan,

Zhao

et al. 2023

PLoS ONE

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Agrifood systems account for 31% of global greenhouse gas emissions. Substantial emissions reduction in agrifood systems is critical to achieving the temperature goal set by the Paris Agreement. A key challenge in reducing GHG emissions in the agrifood value chain is the imbalanced allocation of benefits and costs associated with emissions reduction among agrifood value chain participants. However, only a few studies have examined agrifood emissions reduction from a value chain perspective, especially using dynamic methods to investigate participants’ long-term emissions reduction strategies. This paper helps fill this gap in the existing literature by examining the impact of collaborations among agrifood value chain participants on correcting those misallocations and reducing emissions in agrifood systems. We develop a dynamic differential game model to examine participants’ long-term emissions reduction strategies in a three-stage agrifood value chain. We use the Hamilton-Jacobi-Bellman equation to derive the Nash equilibrium emissions reduction strategies under non-cooperative, cost-sharing, and cooperative mechanisms. We then conduct numerical analysis and sensitivity analysis to validate our model. Our results show that collaboration among value chain participants leads to higher emissions reduction efforts and profits for the entire value chain. Specifically, based on our numerical results, the cooperative mechanism results in the greatest emissions reduction effort by the three participants, which leads to a total that is nearly three times higher than that of the non-cooperative mechanism and close to two times higher than the cost-sharing mechanism. The cooperative mechanism also recorded the highest profits for the entire value chain, surpassing the non-cooperative and cost-sharing mechanisms by around 37% and 16%, respectively. Our results provide valuable insights for policymakers and agrifood industry stakeholders to develop strategies and policies encouraging emissions reduction collaborations in the agrifood value chain and reduce emissions in the agrifood systems.

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Evaluation of E-commerce Supply Chain Cost Management Based on Big Data Intelligent Platform Processing

Chen,

Sapna Kumari

2024

Lecture Notes on Data Engineering and Communications Technologies

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Optimising small-scale electronic commerce supply chain operations: a dynamic cost-sharing contract approach

Cited by 8 publications

References 95 publications

Two-Stage Decision Model of Fresh Agricultural Products Supply Chain Based on Option Contract

Two-Stage Decision Model of Fresh Agricultural Products Supply Chain Based on Option Contract

Emissions reduction strategy in a three-stage agrifood value chain: A dynamic differential game approach

Evaluation of E-commerce Supply Chain Cost Management Based on Big Data Intelligent Platform Processing

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