Competition and Cooperation in a Two-Stage Supply Chain with Demand Forecasts
成果类型:
Article
署名作者:
Iida, Tetsuo; Zipkin, Paul
署名单位:
Komazawa University; Duke University
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.1100.0809
发表日期:
2010
页码:
1350-1363
关键词:
approximate solutions
inventory policies
assembly system
INFORMATION
EVOLUTION
benefits
bounds
MODEL
摘要:
We consider a serial supply chain with one supplier and one retailer. Each obtains some demand forecast information, which may be shared or not. We investigate the members' benefits from sharing information. The forecasts follow a variant of the Martingale model of forecast evolution (MMFE). We construct a simple transfer-payment scheme to align the players' incentives with that of the overall system. The main finding is that, unless the players' incentives are aligned in this way, sharing information makes little sense. It might hurt one or the other player and the system as a whole.