Coordinating an online-dual-channels supply chain with asymmetric information

Author

Bin, Liu ; Rong, Zhang ; Hongyuan, Bai

Author_Institution

Dept. of Manage. Sci., Henan Agric. Univ., Zhengzhou, China

fYear

2009

fDate

10-12 Nov. 2009

Firstpage

1182

Lastpage

1188

Abstract

Mixed channels are attracting more and more channels firms. This paper investigates an online-dual-channels supply chain system, and deals with its coordination with a menu of contract under information asymmetry. First, according to the centralized system, the optimal production and pricing strategies are depicted. Then, for the decentralized system, we consider two kinds of contracts, a single contract and a menu of contracts, to coordinate the channel system, and depict their production and pricing decisions with principle-agent method under the asymmetric information on traditional channel. Finally, some interesting insights are found out.

Keywords

contracts; pricing; supply chain management; asymmetric information; centralized system; channels firms; contracts; decentralized system; online-dual-channels supply chain coordination; optimal pricing strategies; optimal production strategies; principle-agent method; Centralized control; Contracts; Intelligent manufacturing systems; Internet; Pricing; Production systems; Pulp manufacturing; Stochastic processes; Supply chain management; Supply chains;

fLanguage

English

Publisher

ieee

Conference_Titel

Grey Systems and Intelligent Services, 2009. GSIS 2009. IEEE International Conference on

Conference_Location

Nanjing

Print_ISBN

978-1-4244-4914-9

Electronic_ISBN

978-1-4244-4916-3

Type

conf

DOI

10.1109/GSIS.2009.5408091

Filename

5408091