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Type: Journal article
Title: Coordinating supply chains with a credit mechanism
Author: Hu, F.
Xu, H.
Lim, C.
Sun, X.
Citation: Nonlinear Dynamics and Systems Theory, 2014; 14(2):109-118
Publisher: InforMath Publishing
Issue Date: 2014
ISSN: 1562-8353
Statement of
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
RMID: 0030006989
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Appears in Collections:Electrical and Electronic Engineering publications

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