Research on Demand Forecasting Information Sharing Strategy of Closed-Loop Supply Chain considering Advertising Effect
Based on the uncertain market demand, this paper studies the sharing strategy of each main body of the closed-loop supply chain for demand prediction information and introduces the variable of advertising effect into the model. Firstly, this paper constructs a manufacturer-led Stackelberg game model...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2023-01-01
|
| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2023/1148798 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832546714578321408 |
|---|---|
| author | Liying Li Xinyu Hou Lixia Niu |
| author_facet | Liying Li Xinyu Hou Lixia Niu |
| author_sort | Liying Li |
| collection | DOAJ |
| description | Based on the uncertain market demand, this paper studies the sharing strategy of each main body of the closed-loop supply chain for demand prediction information and introduces the variable of advertising effect into the model. Firstly, this paper constructs a manufacturer-led Stackelberg game model based on a two-level closed-loop supply chain. Secondly, the manufacturer advertising mode and the retailer advertising mode are set up, and the influence of information sharing is discussed in each advertising mode. Finally, the conclusion and the proposition are verified by example analysis. The results show that in terms of advertising, manufacturers prefer retailers to undertake, and retailers’ willingness is related to the mode of information sharing. In order to achieve a “win-win” situation by sharing information, certain conditions should be met. The advertising effect is helpful to increase product demand, retail price, advertising investment level, and profits of manufacturers and retailers and also promote recycling activities. However, the impact on wholesale price will vary with different advertising subjects. |
| format | Article |
| id | doaj-art-0f02525d0747462595a66801c8df1fec |
| institution | Kabale University |
| issn | 1607-887X |
| language | English |
| publishDate | 2023-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-0f02525d0747462595a66801c8df1fec2025-02-03T06:47:16ZengWileyDiscrete Dynamics in Nature and Society1607-887X2023-01-01202310.1155/2023/1148798Research on Demand Forecasting Information Sharing Strategy of Closed-Loop Supply Chain considering Advertising EffectLiying Li0Xinyu Hou1Lixia Niu2College of Business AdministrationCollege of Business AdministrationCollege of Business AdministrationBased on the uncertain market demand, this paper studies the sharing strategy of each main body of the closed-loop supply chain for demand prediction information and introduces the variable of advertising effect into the model. Firstly, this paper constructs a manufacturer-led Stackelberg game model based on a two-level closed-loop supply chain. Secondly, the manufacturer advertising mode and the retailer advertising mode are set up, and the influence of information sharing is discussed in each advertising mode. Finally, the conclusion and the proposition are verified by example analysis. The results show that in terms of advertising, manufacturers prefer retailers to undertake, and retailers’ willingness is related to the mode of information sharing. In order to achieve a “win-win” situation by sharing information, certain conditions should be met. The advertising effect is helpful to increase product demand, retail price, advertising investment level, and profits of manufacturers and retailers and also promote recycling activities. However, the impact on wholesale price will vary with different advertising subjects.http://dx.doi.org/10.1155/2023/1148798 |
| spellingShingle | Liying Li Xinyu Hou Lixia Niu Research on Demand Forecasting Information Sharing Strategy of Closed-Loop Supply Chain considering Advertising Effect Discrete Dynamics in Nature and Society |
| title | Research on Demand Forecasting Information Sharing Strategy of Closed-Loop Supply Chain considering Advertising Effect |
| title_full | Research on Demand Forecasting Information Sharing Strategy of Closed-Loop Supply Chain considering Advertising Effect |
| title_fullStr | Research on Demand Forecasting Information Sharing Strategy of Closed-Loop Supply Chain considering Advertising Effect |
| title_full_unstemmed | Research on Demand Forecasting Information Sharing Strategy of Closed-Loop Supply Chain considering Advertising Effect |
| title_short | Research on Demand Forecasting Information Sharing Strategy of Closed-Loop Supply Chain considering Advertising Effect |
| title_sort | research on demand forecasting information sharing strategy of closed loop supply chain considering advertising effect |
| url | http://dx.doi.org/10.1155/2023/1148798 |
| work_keys_str_mv | AT liyingli researchondemandforecastinginformationsharingstrategyofclosedloopsupplychainconsideringadvertisingeffect AT xinyuhou researchondemandforecastinginformationsharingstrategyofclosedloopsupplychainconsideringadvertisingeffect AT lixianiu researchondemandforecastinginformationsharingstrategyofclosedloopsupplychainconsideringadvertisingeffect |