Title :
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
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;
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
DOI :
10.1109/GSIS.2009.5408091
