Winda Narulidea, Ahmad Rusdiansyah, Sri Gunani Partiwi
{"title":"在有限的规划期限内,利用供应商管理库存和寄售以及收入共享来协调生鲜产品供应链","authors":"Winda Narulidea, Ahmad Rusdiansyah, Sri Gunani Partiwi","doi":"10.1057/s41272-024-00496-4","DOIUrl":null,"url":null,"abstract":"<p>Selling fresh food products can be challenging due to their perishability, which often results in significant losses. To address this issue and maximize profits, we have developed a contract that takes into account the costs of investing in preservation technology over a finite planning horizon. The arrangements incentivize the supplier and the retailer to establish coordination and determine not only the optimal price and schedule for replenishment but also the optimal investment required in preservation technology. We investigate the effectiveness of vendor managed inventory (VMI) and consignment with revenue-sharing models through an analysis of pricing and inventory decisions, followed by evaluating the channel performance and the distribution of profits. Contract parameters are defined under the equilibrium state to achieve advantageous relationships among supply chain partners by improving profits for both channel members. The finding shows that a VMI and consignment mechanism with a side payment arrangement could help coordinate channels in a non-cooperative setting. Still, performing the contract is easier in a cooperative setting. Both members could achieve optimal decisions for the wide-channel system without any additional payments, leading to increased profitability for all supply chain members. In an alternative approach, the retailer has the option to offer a subsidy alongside the revenue-sharing-only trading terms within a VMI and consignment by incorporating a generalized revenue-sharing scheme to facilitate coordination with the supplier.</p>","PeriodicalId":46686,"journal":{"name":"Journal of Revenue and Pricing Management","volume":"5 1","pages":""},"PeriodicalIF":1.1000,"publicationDate":"2024-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Fresh product supply chain coordination using vendor managed inventory and consignment with revenue sharing over a finite planning horizon\",\"authors\":\"Winda Narulidea, Ahmad Rusdiansyah, Sri Gunani Partiwi\",\"doi\":\"10.1057/s41272-024-00496-4\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>Selling fresh food products can be challenging due to their perishability, which often results in significant losses. To address this issue and maximize profits, we have developed a contract that takes into account the costs of investing in preservation technology over a finite planning horizon. The arrangements incentivize the supplier and the retailer to establish coordination and determine not only the optimal price and schedule for replenishment but also the optimal investment required in preservation technology. We investigate the effectiveness of vendor managed inventory (VMI) and consignment with revenue-sharing models through an analysis of pricing and inventory decisions, followed by evaluating the channel performance and the distribution of profits. Contract parameters are defined under the equilibrium state to achieve advantageous relationships among supply chain partners by improving profits for both channel members. The finding shows that a VMI and consignment mechanism with a side payment arrangement could help coordinate channels in a non-cooperative setting. Still, performing the contract is easier in a cooperative setting. Both members could achieve optimal decisions for the wide-channel system without any additional payments, leading to increased profitability for all supply chain members. In an alternative approach, the retailer has the option to offer a subsidy alongside the revenue-sharing-only trading terms within a VMI and consignment by incorporating a generalized revenue-sharing scheme to facilitate coordination with the supplier.</p>\",\"PeriodicalId\":46686,\"journal\":{\"name\":\"Journal of Revenue and Pricing Management\",\"volume\":\"5 1\",\"pages\":\"\"},\"PeriodicalIF\":1.1000,\"publicationDate\":\"2024-08-23\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Revenue and Pricing Management\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1057/s41272-024-00496-4\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Revenue and Pricing Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1057/s41272-024-00496-4","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Fresh product supply chain coordination using vendor managed inventory and consignment with revenue sharing over a finite planning horizon
Selling fresh food products can be challenging due to their perishability, which often results in significant losses. To address this issue and maximize profits, we have developed a contract that takes into account the costs of investing in preservation technology over a finite planning horizon. The arrangements incentivize the supplier and the retailer to establish coordination and determine not only the optimal price and schedule for replenishment but also the optimal investment required in preservation technology. We investigate the effectiveness of vendor managed inventory (VMI) and consignment with revenue-sharing models through an analysis of pricing and inventory decisions, followed by evaluating the channel performance and the distribution of profits. Contract parameters are defined under the equilibrium state to achieve advantageous relationships among supply chain partners by improving profits for both channel members. The finding shows that a VMI and consignment mechanism with a side payment arrangement could help coordinate channels in a non-cooperative setting. Still, performing the contract is easier in a cooperative setting. Both members could achieve optimal decisions for the wide-channel system without any additional payments, leading to increased profitability for all supply chain members. In an alternative approach, the retailer has the option to offer a subsidy alongside the revenue-sharing-only trading terms within a VMI and consignment by incorporating a generalized revenue-sharing scheme to facilitate coordination with the supplier.
期刊介绍:
The?Journal of Revenue and Pricing Management?serves the community of researchers and practitioners dedicated to improving understanding through insight and real life situations. Each article emphasizes meaningful answers to problems whether cutting edge science or real solutions. The journal places an emphasis disseminating the best articles from the best minds and benchmarked businesses within the field of Revenue Management and Pricing.Revenue management (RM) also known as Yield Management (YM) is a management activity that marries the diverse disciplines of operations research/management science analytics economics human resource management software development marketing economics e-commerce consumer behaviour and consulting to manage demand for a firm's products or services with the goal of profit maximisation. From a practitioner standpoint RM encompasses a range of activities related to demand management including pricing segmentation capacity and inventory allocation demand modelling and business process management.Journal of Revenue and Pricing Management?aims to:formulate and disseminate a body of knowledge called 'RM and pricing' to practitioners educators researchers and students;provide an international forum for a wide range of practical theoretical and applied research in the fields of RM and pricing;represent a multi-disciplinary set of views on key and emerging issues in RM and pricing;include a cross-section of methodologies and viewpoints on research including quantitative and qualitative approaches case studies and empirical and theoretical studies;encourage greater understanding and linkage between the fields of study related to revenue management and pricing;to publish new and original ideas on research policy and managementencourage and engage with professional communities to adopt the Journal as the place of knowledge excellence i.e. INFORMS Revenue Management & Pricing section AGIFORS and Revenue Management Society and Revenue Management and Pricing International Ltd.Published six times a year?Journal of Revenue and Pricing Management?publishes a wide range of peer-reviewed practice papers research articles and professional briefings written by industry experts - including:Practice papers - addressing the issues facing practitioners in industry and consultancyApplied research papers - from leading institutions on all areas of research of interest to practitioners and the implications for practiceCase studies - focusing on the real-life challenges and problems faced by major corporations how they were approached and what was learnedModels and theories - practical models and theories which are being used in revenue managementThoughts - assessment of the key issues new trends and future ideas by leading experts and practitionersApprentice - the publication of tomorrows ideas by students of todayBook/conference reviews - reviewing leading conferences and major new books on RM and pricingThe Journal is essential reading for senior professionals in private and public sector organisations and academic observers in universities and business schools - including:Pricing AnalystsRevenue ManagersHeads of Revenue ManagementHeads of Yield ManagementDirectors of PricingHeads of MarketingChief Operating OfficersCommercial DirectorsDirectors of SalesDirectors of OperationsHeads of ResearchPricing ConsultantsProfessorsLecturers