DocumentCode
2868894
Title
An Optimal Decision Making Model for Supplier and Buyer´s Win-Win Strategy in a Two Echelon Supply Chain
Author
Cho, Geon ; So, Soon-Hoo ; Kim, JaeJon ; Park, Yi Sook ; Park, Hyong Ho ; Jung, Kyung Ho ; Noh, Choon-Sup
fYear
2008
fDate
7-10 Jan. 2008
Firstpage
69
Lastpage
69
Abstract
Supply chain management (SCM) is becoming extremely important to achieve competitiveness in the current business environment. Moreover, supply chain partnership between suppliers and buyers in SCM have had a significant impact on supply chain performance. In this study, we develop a quantitative model based on the supply chain partnership under several assumptions. For this purpose, we first prove several basic theorems which verify the relationship between supplier and buyer´s total profit for two cases, with and without supply chain partnership. We then prove that there exists the supplier´s selling price per unit which makes the maximum total profits for both supplier and buyer with supply chain partnership greater than those for any given supplier´s selling price per unit without supply chain partnership.
Keywords
decision making; optimisation; supply chain management; business environment; echelon supply chain management; optimal decision making model; optimization problem; supplier-buyer win-win strategy; Convergence; Costs; Decision making; Linearity; Pricing; Supply chain management; Supply chains;
fLanguage
English
Publisher
ieee
Conference_Titel
Hawaii International Conference on System Sciences, Proceedings of the 41st Annual
Conference_Location
Waikoloa, HI
ISSN
1530-1605
Type
conf
DOI
10.1109/HICSS.2008.65
Filename
4438772
Link To Document