A Multi-retailer Supply Chain under Cash Discount and Credit Period
This paper considers a multi-retailer supply chain in which the supplier provides a cash discount to a specify retailer (a senior company which owns more market share and has a less pressure on the utilization of capital investment) and a credit period to the other (a junior company which owns less market share and has a more pressure on the utilization of capital investment). The end demand for each channel has substitute effect in terms of retail prices. The research problem is originated by operations of dual-retailer channels in the automotive parts and accessories industry. We deal with the problem of determining the suppliers cash discount and credit period and determining both retailers pricing and ordering policies to maximize their own profits. A Supplier Stackelberg framework is applied to obtain the equilibrium solutions for every entity. We discuss the optimization properties for solving the problem described. A numerical example is provided to illustrate the solution procedure.
Supply Chain Pricing Ordering Cash discount Credit period
Yu-Chung Tsao
Department of Business Management, Tatung University Taipei 104, Taiwan (R.O.C.)
国际会议
上海
英文
106-109
2011-03-11（万方平台首次上网日期，不代表论文的发表时间）