Supply chain coordination model for green product with different payment strategies: A game theoretic approach

Ghosh, Prasanta Kumar; Manna, Amalesh Kumar; Dey, Jayanta; Kar, Samarjit

doi:10.1016/j.jclepro.2020.125734

Cited by 64 publications

(28 citation statements)

References 42 publications

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“…As pricing is an important factor in selecting suppliers and allocating the orders, many price-dependent factors such as the distance between each supplier and user, the geographical distribution of resources, shipping costs, etc., should be counted in the responsibilities of the procurement managers [81]. Meanwhile, procurement managers should know that in some cases supplier offers the purchaser the opportunity to pay partial payment toward the total purchasing cost at the receiving time, and the due amount should be paid within an allowable period called the credit period [133]. Shipment cost as an overhead cost can be explained here to clarify the meaning of predicting prices.…”

Section: Pricingmentioning

confidence: 99%

“…The green supply chain has been defined as an integration of the environmental dimension in the supply chain, which includes product design, procurement, and material selection, manufacturing process, product delivery to final consumers, and end-of-life management of the product after its useful life [133,134], while a sustainable supply chain is a coordinated supply chain through the integration of economic, environmental, and social dimensions as three important pillar considerations [134]. These dimensions with key inter-organizational business systems are designed to benefit management of the material, information, and capital flows associated with the procurement, production, and distribution of products or services to meet stakeholder requirements and improve the profitability of the company over the term [134].…”

Section: Developing Sustainabilitymentioning

confidence: 99%

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Application of Industry 4.0 in the Procurement Processes of Supply Chains: A Systematic Literature Review

et al. 2021

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The fourth industrial revolution has significantly changed the traditional way of managing supply chains. The applications of Industry 4.0 (I4.0) technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI) in different processes of supply chains have assisted companies to improve their performance. Procurement can be considered a critical process in supply chain management since it can provide novel opportunities for supply chains to improve their efficiency and effectiveness. However, I4.0 applications can be costly and may not be reasonably affordable. Therefore, the benefits of implementing these technologies should be clarified for procurement managers before investing in the digitalization of the procurement process. Despite the importance of this issue, few papers have attempted to address the effects of I4.0 technologies and smart systems in procurement. To fill this gap, a Systematic Literature Review (SLR) on the applications of I4.0 technologies in procurement has been used in this study. By reviewing 70 papers through appropriate keywords, a conceptual framework is developed to classify different value propositions provided by the different applications of I4.0 technologies in procurement processes. Results reveal nine value propositions that can provide a better understanding for the procurement department to analyze the benefits of implementing the related I4.0 technologies in different activities. Finally, findings and future study opportunities are concluded.

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Section: Pricingmentioning

confidence: 99%

Section: Developing Sustainabilitymentioning

confidence: 99%

Application of Industry 4.0 in the Procurement Processes of Supply Chains: A Systematic Literature Review

et al. 2021

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“…They have shown that the manufacturer gets a larger advantage when the collector and recycler have similar decision-making powers than when they make decisions with individuals who have different powers. Making the supply chain of a greener product, Ghosh et al [28] have formulated an organized structure on the advanced payment policy of the manufacturer and the retailer's trade credit facility. They have proposed a model that enhances the sales effort of the retailer, the wholesale price required by the manufacturer, the green procurement level, and also the retailers' selling price.…”

Section: The Literature On Sustainable Developmentmentioning

confidence: 99%

Game theoretic analysis of a three-stage interconnected forward and reverse supply chain

Das

Jana

Alam

2021

Environ Dev Sustain

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The dynamic economic scenario of today ensures that industrial and environmental policies that contribute to greener supply chain are incorporated. This paper considers an interconnected three-stage forward and reverse supply chain, which provides green products to a green conscious market. The procurement of raw materials is responsible for the first stage of the supply chain; The second manufacturing/remanufacturing process; And the third stage of marketing the products to the consumer. There is one supplier, one manufacturer, and one retailer in the forward supply chain. New raw materials are used in this supply chain, and new products are manufactured and sold. There is also a market for remanufactured products and in this market, the same retailer also sells. There is one collector, one remanufacturer, and one retailer in the reverse supply chain. From consumers the collector collects used products; processes and sells the remanufacturable ones to the remanufacturer. If the raw materials supplied by the collector are not adequate to satisfy the demand, the remanufacturer purchases the remainder from the seller. Both the manufacturer and the remanufacturer use green manufacturing processes. Two models namely centralized model and decentralized model are formulated. A numerical example is taken to illustrate the two model and perform sensitivity analysis.

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“…Using econometric modeling, Ghosh et al 2021 developed a model that optimizes the retail input, the wholesale price demanded by the producer, the environmental performance of the product and the selling price charged by retailers [17].…”

Section: Review Of the Literaturementioning

confidence: 99%

Analysis of Natural Gas Consumption Interdependence for Polish Industrial Consumers on the Basis of an Econometric Model

Chrulski

Łaciak

2021

Energies

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The transmission of natural gas is a key element of the Polish energy system. The published data of the Polish distribution system operators and the transmission system operator on the volume of gaseous fuel transmitted indicate a growing trend in the consumption of energy produced from natural gas. In connection with the energy transformation, switching energy generation sources from hard coal to natural gas in Poland, it is important for transmission operators to know the future demand for gaseous fuel. The aim of the article is to attempt to develop an econometric model related to the consumption of gaseous fuel by Polish entrepreneurs. The knowledge therein may be useful for making business decisions related to the possible expansion of the transmission system, and thus investing financial resources for this purpose. This knowledge will also provide quantitative information related to the interest in gaseous fuel among industrial consumers and the analysis of the trend of natural gas consumption in Poland in the aspect of energy transition. The intention of the publication was to determine the macroeconomic indicators that strongly affect natural gas consumption by the Polish industry and the quantitative growth of consumption depending on changes in these indicators. The results showed that the highest correlation of the growth of natural gas consumption is related to the production of chemistry, the chemical industry, and the power industry.

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Supply chain coordination model for green product with different payment strategies: A game theoretic approach

Cited by 64 publications

References 42 publications

Application of Industry 4.0 in the Procurement Processes of Supply Chains: A Systematic Literature Review

Application of Industry 4.0 in the Procurement Processes of Supply Chains: A Systematic Literature Review

Game theoretic analysis of a three-stage interconnected forward and reverse supply chain

Analysis of Natural Gas Consumption Interdependence for Polish Industrial Consumers on the Basis of an Econometric Model

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