• 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