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Supply Chain Coordination and Revenue-sharing Contract with Backlogs for a Perishable Product
Renfei Luo; Zhaotong Lian; Chang Boon Lee
2017
Conference Name2017 IEEE INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT (IEEM)
Source Publication2017 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)
Pages974-978
Conference Date10-13 Dec. 2017
Conference PlaceSingapore
Publication Place345 E 47TH ST, NEW YORK, NY 10017 USA
PublisherIEEE
Abstract

We consider a supply chain system involved in a perishable product with a fixed lifetime. The retailer is using a periodical reviewed (s, S) policy to manage the inventory and sell the products with backlogs. The supplier and the retailer coordinate the system using a revenue-sharing contract in order to improve the channel performance and maximize the total profit of the system. We show that coordination between supplier and retailer with revenue-sharing contract is possible to improve the performance of the system. Considering the risk of product expiration, the optimal coordination contract is different for system selling perishable product compared with normal long lifetime product.

KeywordSupply Chain Coordination Revenue-sharing Contract Perishable Inventory Management
URLView the original
Indexed ByCPCI
Language英语
WOS Research AreaEngineering ; Operations Research & Management Science
WOS SubjectEngineering, Industrial ; Operations Research & Management Science
WOS IDWOS:000428267800199
The Source to ArticleWOS
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Citation statistics
Document TypeConference paper
CollectionDEPARTMENT OF ACCOUNTING AND INFORMATION MANAGEMENT
AffiliationFaculty of Business Administration, University of Macau, Macau
First Author AffilicationFaculty of Business Administration
Recommended Citation
GB/T 7714
Renfei Luo,Zhaotong Lian,Chang Boon Lee. Supply Chain Coordination and Revenue-sharing Contract with Backlogs for a Perishable Product[C]. 345 E 47TH ST, NEW YORK, NY 10017 USA:IEEE,2017:974-978.
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