Construct the stable vendor managed inventory partnership through a profit-sharing approach

作者: S. Li , Z. Yu , M. Dong

DOI: 10.1080/00207721.2013.777982

关键词: Industrial organizationProfit sharingProduct (business)Vendor-managed inventoryGeneral partnershipInformation sharingGame theoryShapley valueSupply chainBusiness

摘要: In real life, the vendor managed inventory (VMI) model is not always a stable supply chain partnership. This paper proposes cooperative game based profit-sharing method to stabilize VMI Specifically, in B2C setting, we consider program including manufacturer and multiple online retailers. The provides finished product at equal wholesale price retailers face same customer demand information. We offer compute increased profits generated by information sharing for total possible coalitions. Using solution concept of Shapley value, scheme produced fairly divide among members. find that under fair allocation scheme, higher cost one member increases surplus other Furthermore, glad increase size coalition, whereas, are delighted limit ...

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