Contract strategies in competitive supply chains subject to inventory inaccuracy

• Published in: Annals of operations research Vol. 309; no. 2; pp. 641 - 661
• Main Authors: Tao, Feng, Xie, Yanhong, Wang, Yao-Yu, Lai, Fujun, Lai, Kin Keung
• Format: Journal Article
• Language: English
• Published: New York Springer US 01.02.2022; Springer; Springer Nature B.V
• Subjects: Analysis; Asymmetry; Business and Management; Business competition; Combinatorics; Competition (Economics); Consignment buying; Contracts; Equilibrium; Inventory; Inventory control; Logistics; Methods; Operations research; Operations Research/Decision Theory; S.I. : Data-Driven OR in Transportation and Logistics; Strategy; Suppliers; Supply chains; Theory of Computation; China; Supply chain management; Inventory inaccuracy; Game theory; Equilibrium contracting

We use a newsvendor model to investigate equilibrium contracting strategies and their impact on the members in two competing supply chains that are subject to inventory inaccuracy. The suppliers are Stackelberg leaders and can choose either a wholesale-price contract or consignment contract. As a re...