Title :
Optimization Model of Supply Chain Flexibility Contract for Buyers´ Market´s Timeliness Product
Author :
Yang Jianhua ; Niu Kun
Author_Institution :
Shandong Inst. of Bus. & Technol., Yantai, China
Abstract :
According to the idea of existing quantity flexibility contract, aiming at the particularity of buyers´ market´s timeliness product, through introducing buyback contract method, a optimization model of supply chain flexibility contract is put forward which can incent dealer and make up the deficiency of single flexibility contract. An example is given to calculate the contented factors of wholesale price and rebate proportion to take the incentive mechanism effect, and to illustrate that manufacturer and dealer share the risk in the supply chain.
Keywords :
consumer products; contracts; incentive schemes; optimisation; risk management; supply chain management; buyback contract method; buyer market timeliness product; incentive mechanism effect; quantity flexibility contract; rebate proportion; supply chain flexibility contract optimization model; supply chain risk sharing; wholesale price; Contracts; Educational institutions; Marketing and sales; Optimization; Supply chains; Uncertainty; Buyback Contract; Flexibility Contract; Supply Chain; Timeliness;
Conference_Titel :
Intelligent System Design and Engineering Application (ISDEA), 2012 Second International Conference on
Conference_Location :
Sanya, Hainan
Print_ISBN :
978-1-4577-2120-5
DOI :
10.1109/ISdea.2012.562