Behavioral Supply Chain Contracting PDF Download
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Author | : Michael Becker-Peth |
Publisher | : Springer |
Total Pages | : 129 |
Release | : 2019-01-24 |
Genre | : Business & Economics |
ISBN | : 3658238852 |
Download Behavioral Supply Chain Contracting Book in PDF, ePub and Kindle
Behavioral operations management is a new and growing research field incorporating behavioral aspects of decision making into operations management models, challenging the assumption of fully rational decision makers. Behavioral aspects include risk-aversion, mental accounting, reference points, or bounded rationality. In this book the author presents experimental and empirical studies that address behavioral decision making in the supply chain contracting context. First, different behavioral aspects are incorporated in the decision making process of a buyback and a revenue sharing contract. Second, an empirical decision maker is analyzed facing a service level contract. Potential readership includes scholars and graduate students who are interested in the field of behavioral operations management and practitioners looking for behavioral aspects of decision making in supply chain contracting context.
Author | : Torsten Gully |
Publisher | : Springer |
Total Pages | : 171 |
Release | : 2019-02-05 |
Genre | : Business & Economics |
ISBN | : 3658240881 |
Download Non-Profit-Maximizing Behavior in Supply Chain Management Book in PDF, ePub and Kindle
Non-profit-maximizing behavior in supply chain management focuses on the human component in supply chain management. It develops behavioral models that consider individual and social preferences of supply chain members in order to improve our understanding of actual decision-making in supply chain management. The author challenges the common assumption of a selfish homo economicus and introduces the human component in three experimental studies: In the first study, he examines the effect of individual risk preferences in the Newsvendor context. In the second study, a common group identity to overcome incentive conflicts in forecast sharing is studied. The third study explores underlying cognitive processes in contractual decision-making. Potential readership includes scholars and graduate students who are interested in the field of behavioral operations management and practitioners looking for behavioral aspects of decision making in supply chain management.
Author | : Marcel Sieke |
Publisher | : Springer |
Total Pages | : 158 |
Release | : 2019-03-20 |
Genre | : Business & Economics |
ISBN | : 3658243821 |
Download Supply Chain Contract Management Book in PDF, ePub and Kindle
In recent years, the design of contracts in supply chains has received significant attention from researchers and practitioners. Companies try to improve their profits by designing efficient contracts that ensure a high availability of the product at a low cost. In this book the author presents a quantitative approach for designing optimal supply chain contracts. Firstly, service level contracts, which are frequently used between a supplier and a manufacturer, are analyzed. For this contract type, optimal contract parameter combinations are identified that lead to a coordinated supply chain. Secondly, an optimal contract selection strategy is developed for a supply chain where a manufacturer can choose among multiple potential buyers. Potential readership includes scholars of supply chain management and management science, graduate students interested in these areas as well as interested practitioners involved in negotiating contracts.
Author | : Karen Donohue |
Publisher | : John Wiley & Sons |
Total Pages | : 688 |
Release | : 2018-10-16 |
Genre | : Business & Economics |
ISBN | : 1119138329 |
Download The Handbook of Behavioral Operations Book in PDF, ePub and Kindle
A comprehensive review of behavioral operations management that puts the focus on new and trending research in the field The Handbook of Behavioral Operations offers a comprehensive resource that fills the gap in the behavioral operations management literature. This vital text highlights best practices in behavioral operations research and identifies the most current research directions and their applications. A volume in the Wiley Series in Operations Research and Management Science, this book contains contributions from an international panel of scholars from a wide variety of backgrounds who are conducting behavioral research. The handbook provides succinct tutorials on common methods used to conduct behavioral research, serves as a resource for current topics in behavioral operations research, and as a guide to the use of new research methods. The authors review the fundamental theories and offer frameworks from a psychological, systems dynamics, and behavioral economic standpoint. They provide a crucial grounding for behavioral operations as well as an entry point for new areas of behavioral research. The handbook also presents a variety of behavioral operations applications that focus on specific areas of study and includes a survey of current and future research needs. This important resource: Contains a summary of the methodological foundations and in-depth treatment of research best practices in behavioral research. Provides a comprehensive review of the research conducted over the past two decades in behavioral operations, including such classic topics as inventory management, supply chain contracting, forecasting, and competitive sourcing. Covers a wide-range of current topics and applications including supply chain risk, responsible and sustainable supply chain, health care operations, culture and trust. Connects existing bodies of behavioral operations literature with related fields, including psychology and economics. Provides a vision for future behavioral research in operations. Written for academicians within the operations management community as well as for behavioral researchers, The Handbook of Behavioral Operations offers a comprehensive resource for the study of how individuals make decisions in an operational context with contributions from experts in the field.
Author | : Guido Vogt |
Publisher | : Springer Science & Business Media |
Total Pages | : 208 |
Release | : 2011-07-05 |
Genre | : Business & Economics |
ISBN | : 3642201326 |
Download Supply Chain Coordination in Case of Asymmetric Information Book in PDF, ePub and Kindle
Information sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract terms in a Just-in-Time environment. It is shown that the impact of information sharing is ambiguous, and dependent on several factors, such as contract flexibility and complexity or the interacting behavioral types. The experimental results form the basis for a behavioral principal-agent model that gives valuable insights on how the interaction of trust, trustworthiness and the information sharing strategy impacts the supply chain performance.
Author | : Thomas Y. Choi |
Publisher | : Oxford University Press |
Total Pages | : 815 |
Release | : 2021-08-30 |
Genre | : Business & Economics |
ISBN | : 019006675X |
Download The Oxford Handbook of Supply Chain Management Book in PDF, ePub and Kindle
Supply chain management contends with structures and processes for delivering goods and services to customers. It addresses the core functions of connected businesses to meet downstream demand. This innovative volume provides an authoritative and timely guide to the overarching issues that are ubiquitous throughout the supply chain. In particular, it addresses emerging issues that are applicable across supply chains--such as data science, financial flows, human capital, internet technologies, risk management, cyber security, and supply networks. With chapters from an international roster of leading scholars in the field, the Oxford Handbook of Supply Chain Management is a necessary resource for all students and researchers of the field as well as for forward-thinking practitioners.
Author | : Rihuan Huang |
Publisher | : |
Total Pages | : 0 |
Release | : 2022 |
Genre | : |
ISBN | : |
Download Experimental Studies on Supply Chain Contracting Book in PDF, ePub and Kindle
Supply chain contracting is a classic topic in operations management. While the traditional literature typically assumes a rational decision-maker, the behavioral operations management literature has shown that human decision-makers may exhibit behavioral biases and deviate from optimality. Given that many operational decisions are made by managers in practice, it is essential to understand the role of behavioral factors. This dissertation experimentally studies three problems in supply chain contracting, each of which is summarized as follows. The first chapter focuses on inventory sharing, comparing alternative inventory-sharing strategies in a two-tier supply chain with an upstream manufacturer and two downstream retailers. In one setting, retailers act as if they are centralized and use a single quantity to fulfill joint demand. In the other, retailers are decentralized and face separate demands, but they can transfer inventory after demands are realized. In the latter, decentralized scenario, whether the manufacturer or retailers have decision authority over the inventory transfer price is also considered. By conducting lab experiments, this work shows that when the retailers are decentralized and the manufacturer sets the transfer price, both retailers and the manufacturer earn higher profits than in the centralized retailer strategy, which runs counter to theory. This chapter is a joint work with Andrew Davis and Douglas Thomas (University of Virginia). The second chapter turns to supply chain finance and investigates a trade credit contract between a supplier and a financially distressed retailer. The supplier sets a wholesale price for the retailer, who begins with some initial capital and orders from the supplier. The retailer will purchase through trade credit if the initial capital is insufficient and repay the supplier after demand realization. The retailer will go bankrupt if the realized demand is too low. Experimental results suggest that when retailers' risk is medium or high, they significantly understock to maintain lower risk and suppliers offer lower prices (but not necessarily less risk) to retailers. When retailers' risk is very low, they slightly overstock, which brings them additional bankruptcy risk. This chapter is a joint work with Andrew Davis and Kyle Hyndman (University of Texas at Dallas). The third chapter studies management of responsible sourcing and reputation risk in a two-tier supply chain consisting of an upstream supplier and a downstream buyer. The supplier faces random cost shock which can be mitigated by exerting effort. The supplier's effort has two types which differ in cost and whether it complies with the buyer's responsible standards. A non-compliant effort will incur extra reputation loss for the buyer. The buyer offers a risk-sharing contract: a wholesale price and sharing some of the cost shock with the supplier. While the theory suggests that the supplier always prefers non-compliant effort, experimental results show that 25.82% of suppliers choose compliant effort. More surprisingly, the effort choice is driven only by the wholesale price but not by the cost-shock sharing, which is inconsistent with the theory. This chapter is a joint work with Andrew Davis and Li Chen.
Author | : Guido Vogt |
Publisher | : Springer |
Total Pages | : 181 |
Release | : 2011-07-05 |
Genre | : Business & Economics |
ISBN | : 9783642201318 |
Download Supply Chain Coordination in Case of Asymmetric Information Book in PDF, ePub and Kindle
Information sharing is frequently promoted as a mean to improve the supply chain performance. This work shows the results of behavioral experiments, in which the participants share private information in order to influence the contract terms in a Just-in-Time environment. It is shown that the impact of information sharing is ambiguous, and dependent on several factors, such as contract flexibility and complexity or the interacting behavioral types. The experimental results form the basis for a behavioral principal-agent model that gives valuable insights on how the interaction of trust, trustworthiness and the information sharing strategy impacts the supply chain performance.
Author | : Pietro Evangelista |
Publisher | : IGI Global |
Total Pages | : 0 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 9781609605858 |
Download Supply Chain Innovation for Competing in Highly Dynamic Markets Book in PDF, ePub and Kindle
Rapid changes in technological development are forcing businesses to continuously innovate to improve their competitiveness, which is particularly evident in logistics and supply chain management (SCM), where innovation impacts both the strategic and operational levels. Supply Chain Innovation for Competing in Highly Dynamic Markets: Challenges and Solutions investigates the role of innovation in the management of supply chains of today. This book focuses on supply chain integration from both strategic and operational perspectives and the impact of information technology-related innovation in supply chain and logistics service industries. It also analyzes how environmental innovation affects logistical decisions throughout the supply chain and the strategies employed in managing logistics-related environmental impacts. Finally, the book explores theoretical and practical implications of innovation in the management of supply systems.
Author | : B. Vipin |
Publisher | : Springer Nature |
Total Pages | : 275 |
Release | : 2021-09-15 |
Genre | : Business & Economics |
ISBN | : 9811627746 |
Download Emerging Frontiers in Operations and Supply Chain Management Book in PDF, ePub and Kindle
This edited book addresses the challenges in managing the operations and supply chain of organizations in the era of internet of things and Industry 4.0. It presents cutting edge research on real world operations related problems, in-depth analyses, and relevant managerial implications. Wide variety of solution approaches such as quantitative, quantitative, and simulations are presented in the context of managing the operations and supply chains. Consisting of selected papers from the XXIII Annual International Conference of Society of Operations Management, this volume is part of a two volume series with the other book consisting of chapters on quantitative decision making. This edited book covers various quantitative models on operations and supply chain management such as inventory optimization, machine learning-operations research integrated model for healthcare systems, game-theoretic analysis of review strategies in truthful information sharing, design of contracts in supply chains, supply chain optimization, inventory routing, and shop floor scheduling. In addition to the quantitative models, several innovative heuristics are proposed for different problems. This book explores qualitative models on improving the performance of small and medium enterprises and petroleum industries and a simulation model for staff allocation in the information technology industry. Finally, this book provides review articles on vaccine supply chains and behavioral operations management. The book throws light on the emerging trends in the use of analytics, optimization, and simulation tools and empirical analysis to improve the performance of operations and supply chains of organizations. It will serve as an essential resource for practitioners, students, faculty members and scholars in operations management and related areas to gain knowledge and pursue high quality research on developments in areas such as managing the resource management and the solution methodology---innovative tools employed in addressing the real world problems and the different optimization techniques.