-
作者:Radhakrishnan, Suresh; Wang, Zheng; Zhang, Yue
作者单位:University of Texas System; University of Texas Dallas; City University of Hong Kong
摘要:We empirically examine the association between downstream firms', i.e., customers' capital market information quality, and the operating performance of upstream firms, i.e., suppliers. Customers' capital market information quality is measured by the customers' provision of earnings forecasts, the customers' reported earnings quality, and the customers' coverage by financial analysts and credit rating agencies. We hypothesize and find a positive association between customers' capital market inf...
-
作者:Gao, Long; Thomas, Douglas J.; Freimer, Michael B.
作者单位:University of California System; University of California Riverside; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:A pre-pack is a collection of items used in retail distribution. By grouping multiple units of one or more stock keeping units (SKU), distribution and handling costs can be reduced; however, ordering flexibility at the retail outlet is limited. This paper studies an inventory system at a retail level where both pre-packs and individual items (at additional handling cost) can be ordered. For a single-SKU, single-period problem, we show that the optimal policy is to order into a band with as few...
-
作者:Balakrishnan, Anantaram; Natarajan, Harihara Prasad
作者单位:University of Texas System; University of Texas Austin; University of Miami
摘要:For large multi-division firms, coordinating procurement policies across multiple divisions to leverage volume discounts from suppliers based on firm-wide purchasing power can yield millions of dollars of savings in procurement costs. Coordinated procurement entails deciding which suppliers to use to meet each division's purchasing needs and sourcing preferences so as to minimize overall purchasing, logistics, and operational costs. Motivated by this tactical procurement planning problem facin...
-
作者:Chen, Jianqing; Guo, Zhiling
作者单位:University of Texas System; University of Texas Dallas; Singapore Management University
摘要:This study develops an analytical model to evaluate competing retail firms' sourcing strategies in the presence of supply uncertainty. We consider a common supplier that sells its uncertain supply to two downstream retail firms engaging in price competition in a horizontally differentiated product market. The focal firm has a dual-sourcing option, while the rival firm can only source from the common supplier. We assess the system-wide effects of supply uncertainty on the focal firm's incentive...
-
作者:Zhao, Xia; Xue, Ling; Zhang, Fuqiang
作者单位:University of North Carolina; University of North Carolina Greensboro; Washington University (WUSTL)
摘要:This paper studies an outsourcing problem where two service providers (suppliers) compete for the service contract from a client. The suppliers face uncertain cost for providing the service because they do not have perfect information about the client's type. The suppliers receive differential private signals about the client type and thus compete under asymmetric information. We first characterize the equilibrium of the supplier competition. Then we investigate two of the client's information...
-
作者:Tian, Junfeng; Yue, Jinfeng
作者单位:Southwestern University of Finance & Economics - China; Shanghai University of Finance & Economics; Middle Tennessee State University
摘要:This research studies the p-robust supply chain network design with uncertain demand and cost scenarios. The optimal design integrates the supplier selection together with the facility location and capacity problem. We provide a new framework to obtain the relative regret limit, which is critical in the robust supply chain design but is assumed to be a known value in the existing literature. We obtain lower and upper bounds for relative regret limit and obtain a sequence of optimal solutions f...
-
作者:Cachon, Gerard P.
-
作者:Crocker, Keith J.; Letizia, Paolo
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:This study characterizes the class of Pareto optimal returns policies between a manufacturer and a retailer who receives consumer returns. The manufacturer may take a costly hidden action that reduces the expected number of products returned by consumers, which when realized is hidden information known only to the retailer. When faced with consumer returns, the retailer must decide whether to send the product back to the manufacturer, who harvests a low salvage value, or to engage in costly re...
-
作者:Liang, Chao; Sethi, Suresh P.; Shi, Ruixia; Zhang, Jun
作者单位:University of Texas System; University of Texas Dallas; California State University System; California State University Fullerton; Fudan University
摘要:We study a firm's optimal transshipment problem considering the impacts of setup costs for transshipment and demand distribution shapes. We assume that the demand follows a three-point distribution, which changes from a degenerate distribution, to a unimodal distribution, and to a bimodal distribution as the demand shape parameter increases. We find that as the demand shape parameter increases, the optimal transshipment strategy changes from no transshipment to transshipment, and finally to no...
-
作者:Ramanan, Ram N. V.; Bhargava, Hemant K.
作者单位:University of California System; University of California Davis
摘要:Conventional wisdom holds that adding layers to a distribution channel is detrimental to the interests of consumers and the channel that serves them. In contrast, our study indicates that a disintegrated channel structure can be desirable in some instances. When consumers have valuation uncertainty prior to consuming a product, having an independent retailer may boost both channel profits and consumer surplus relative to direct selling by an integrated firm. The quandary in selling such produc...