Price and Service Competition of Dual-Channel Supply Chain with Consumer Returns
Products returned by consumers are common in the retail industry and result in additional costs to both the manufacturer and the retailer. This paper proposes dual-channel supply chain models involving consumer returns policies. Also, the price and service competition between retail channel and dire...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2014-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2014/565603 |
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| _version_ | 1832554258787991552 |
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| author | Lili Ren Yong He Houfei Song |
| author_facet | Lili Ren Yong He Houfei Song |
| author_sort | Lili Ren |
| collection | DOAJ |
| description | Products returned by consumers are common in the retail industry and result in additional costs to both the manufacturer and the retailer. This paper proposes dual-channel supply chain models involving consumer returns policies. Also, the price and service competition between retail channel and direct channel is considered in the models. According to the models, we analyze the optimal decisions in both centralized and decentralized scenarios. Then we design a new contract, coordinate the dual-channel supply chain, and enable both the retailer and the manufacturer to be a win-win. |
| format | Article |
| id | doaj-art-e2b05f29bcc2475f97d1a06b23c3aead |
| institution | Kabale University |
| issn | 1026-0226 1607-887X |
| language | English |
| publishDate | 2014-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-e2b05f29bcc2475f97d1a06b23c3aead2025-02-03T05:52:01ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2014-01-01201410.1155/2014/565603565603Price and Service Competition of Dual-Channel Supply Chain with Consumer ReturnsLili Ren0Yong He1Houfei Song2School of Chemistry and Chemical Engineering, Southeast University, Nanjing 211189, ChinaSchool of Economics and Management, Southeast University, Nanjing 210096, ChinaSchool of Economics and Management, Southeast University, Nanjing 210096, ChinaProducts returned by consumers are common in the retail industry and result in additional costs to both the manufacturer and the retailer. This paper proposes dual-channel supply chain models involving consumer returns policies. Also, the price and service competition between retail channel and direct channel is considered in the models. According to the models, we analyze the optimal decisions in both centralized and decentralized scenarios. Then we design a new contract, coordinate the dual-channel supply chain, and enable both the retailer and the manufacturer to be a win-win.http://dx.doi.org/10.1155/2014/565603 |
| spellingShingle | Lili Ren Yong He Houfei Song Price and Service Competition of Dual-Channel Supply Chain with Consumer Returns Discrete Dynamics in Nature and Society |
| title | Price and Service Competition of Dual-Channel Supply Chain with Consumer Returns |
| title_full | Price and Service Competition of Dual-Channel Supply Chain with Consumer Returns |
| title_fullStr | Price and Service Competition of Dual-Channel Supply Chain with Consumer Returns |
| title_full_unstemmed | Price and Service Competition of Dual-Channel Supply Chain with Consumer Returns |
| title_short | Price and Service Competition of Dual-Channel Supply Chain with Consumer Returns |
| title_sort | price and service competition of dual channel supply chain with consumer returns |
| url | http://dx.doi.org/10.1155/2014/565603 |
| work_keys_str_mv | AT liliren priceandservicecompetitionofdualchannelsupplychainwithconsumerreturns AT yonghe priceandservicecompetitionofdualchannelsupplychainwithconsumerreturns AT houfeisong priceandservicecompetitionofdualchannelsupplychainwithconsumerreturns |