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作者:Kremer, Mirko; Minner, Stefan; Van Wassenhove, Luk N.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Technical University of Munich; INSEAD Business School
摘要:The value of demand information underlies many supply chain strategies that aim at better matching supply and demand. This study reports on the results of a laboratory experiment designed to estimate the behavioral value of demand information. Relative to the commonly assumed benchmark of a rational risk-neutral decision maker, we find that decision makers are consistently willing to pay too much for the option to eliminate the risk of supply not matching demand. Contrary to intuition, we show...
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作者:Kurtulus, Muemin; Nakkas, Alper; Uelkue, Sezer
作者单位:Vanderbilt University; Sungkyunkwan University (SKKU); Georgetown University
摘要:This research investigates the value of category captainship (a management practice in which a retailer relies on a manufacturer for recommendations regarding strategic category management decisions) in retail supply chains. We consider a setting where the scope of category management is limited to assortment decisions and demand enhancing activities. We assume that the retailer selects a category captain among multiple competing manufacturers with privately known capabilities for driving cate...
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作者:Brosig-Koch, Jeannette; Heinrich, Timo
作者单位:University of Duisburg Essen
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作者:Odegaard, Fredrik; Roos, Pontus
作者单位:Western University (University of Western Ontario)
摘要:Increasingly many firms have started to implement programs intended to improve the workers' health and the psychosocial work-environment, as well as other attributes of labor quality. Motivated by the need for evaluating to what extent the programs affect a firm's productivity performance, this study discusses a model for analyzing the contribution of labor quality attributes toward firm productivity. To assess the contribution from the labor quality attributes, we model firm productivity as t...
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作者:Tang, Sammi Y.; Kouvelis, Panos
作者单位:University of Miami; Washington University (WUSTL)
摘要:We consider coordination issues in supply chains where supplier's production process is subject to random yield losses. For a simple supply chain with a single supplier and retailer facing deterministic demand, a pay back contract which has the retailer paying a discount price for the supplier's excess units can provide the right incentive for the supplier to increase his production size and achieve coordination. Building upon this result, we consider coordination issues for two other supply c...
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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...
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作者:Shan, Jun; Yang, Shitao; Yang, Shilei; Zhang, Jin
作者单位:Nankai University; University of Illinois System; University of Illinois Urbana-Champaign; Southwestern University of Finance & Economics - China
摘要:In this study, we investigate the bullwhip effect in China using data on over 1200 companies listed on the Shanghai and Shenzhen stock exchanges from 2002 to 2009. Specifically, we estimate the ratio of the volatility of production to the volatility of demand as a proxy for the bullwhip effect. Our results show that more than two-thirds of the companies we studied exhibit the bullwhip effect. We also find that several hypotheses proposed in the existing literature are supported by firm-level d...
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作者:Wang, Zizhuo; Hu, Ming
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Toronto
摘要:Should capacitated firms set prices responsively to uncertain market conditions in a competitive environment? We study a duopoly selling differentiated substitutable products with fixed capacities under demand uncertainty, where firms can either commit to a fixed price ex ante, or elect to price contingently ex post, e.g., to charge high prices in booming markets, and low prices in slack markets. Interestingly, we analytically show that even for completely symmetric model primitives, asymmetri...
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作者:Bhattacharya, Shantanu; Hasija, Sameer; Van Wassenhove, Luk N.
作者单位:INSEAD Business School; INSEAD Business School
摘要:We analyze the efficacy of different asset transfer mechanisms and provide policy recommendations for the design of humanitarian supply chains. As a part of their preparedness effort, humanitarian organizations often make decisions on resource investments ex ante because doing so allows for rapid response if an adverse event occurs. However, programs typically operate under funding constraints and donor earmarks with autonomous decision-making authority resting with the local entities, which m...
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作者:Chen, Wei; Dawande, Milind; Janakiraman, Ganesh
作者单位:University of Texas System; University of Texas Dallas
摘要:We study several finite-horizon, discrete-time, dynamic, stochastic inventory control models with integer demands: the newsvendor model, its multi-period extension, and a single-product, multi-echelon assembly model. Equivalent linear programs are formulated for the corresponding stochastic dynamic programs, and integrality results are derived based on the total unimodularity of the constraint matrices. Specifically, for all these models, starting with integer inventory levels, we show that th...