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|Title:||Coordinating supply chains with a credit mechanism|
|Citation:||Nonlinear Dynamics and Systems Theory, 2014; 14(2):109-118|
|F. Hu, H. Xu, C.C. Lim, and X. Sun|
|Abstract:||This paper studies the supply chain coordination with a trade credit under symmetric and asymmetric information, where the retailer has an individual profit target from the business and the vendor is the decision-maker of the supply chain. We propose a coordination mechanism through credit contracts and show that a win-win outcome is achieved by redistributing the cost savings from coordination mechanism under certain constraints. Numerical examples are given to illustrate our results.|
|Keywords:||supply chain coordination; trade credit; contract; information asymmetry|
|Rights:||© 2014 InforMath Publishing Group|
|Appears in Collections:||Electrical and Electronic Engineering publications|
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