Download or read book Dual channel Supply Chain Decisions With Risk averse Behavior written by Bo Li and published by World Scientific. This book was released on 2021-08-25 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the era of e-commerce and digitalization, new commercial patterns and opportunities are emerging. For example, in addition to traditional reselling marketing channels, manufacturers can easily open direct channels using a variety of digital marketing strategies. These new marketing channels will cause conflict and competition between manufacturers and resellers. This raises the important question of how to make optimal decisions for multiple players in dual-channel supply chain contexts. Within changing and uncertain operation environments, business enterprises must face tougher challenges than before to survive in competitive markets.This book aims to address representative decision-making problems in dual-channel supply chains with risk-averse channel members. The most recently developed risk assessment technique, Conditional Value-at-Risk (CVaR), will be adopted as the predominant criterion to measure the risk-averse attitude. Based on game theory, important issues such as channel selection, pricing, order quantity, manufacturer encroachment, greening strategy, consumer return policies, financing strategies, channel coordination, contract design, information asymmetry, and capacity constraint will be modeled and analyzed. This book will help readers better understand operations management in dual-channel supply chain contexts with risk-averse behaviors, and will also provide effective techniques and tools for researchers and offer managerial insights for practitioners.

Download or read book Decision Support Systems III Impact of Decision Support Systems for Global Environments written by Fátima Dargam and published by Springer. This book was released on 2014-08-30 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains extended and revised versions of a set of selected papers from two workshops organized by the Euro Working Group on Decision Support Systems (EWG-DSS), which were held in Thessaloniki, Greece, and Rome, Italy, in May and July 2013. From a total of 45 submissions, 15 papers were accepted for publication in this edition after being reviewed by at least three internationally known experts from the EWG-DSS Program Committee and external invited reviewers. The selected papers are representative of current research activities in the area of operational research and decision support systems, focusing on topics such as decision-making using social networks and Web resources; spatio-temporal Web-based decision making; group support systems; technical, legal, and social aspects of decision making; knowledge management and decision support systems; business intelligence and data warehousing; and negotiation support systems.

Download or read book Risk Analysis in Stochastic Supply Chains written by Tsan-Ming Choi and published by Springer Science & Business Media. This book was released on 2012-06-05 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk analysis is crucial in stochastic supply chain models. Over the past few years, the pace has quickened for research attempting to explore risk analysis issues in supply chain management problems, while the majority of recent papers focus on conceptual framework or computational numerical analysis. Pioneered by Nobel laureate Markowitz in the 1950s, the mean-risk (MR) formulation became a fundamental theory for risk management in finance. Despite the significance and popularity of MR-related approaches in finance, their applications in studying multi-echelon supply chain management problems have only been seriously explored in recent years. While the MR approach has already been shown to be useful in conducting risk analysis in stochastic supply chain models, there is no comprehensive reference source that provides the state-of-the-art findings on this important model for supply chain management. Thus it is significant to have a book that reviews and extends the MR related works for supply chain risk analysis. This book is organized into five chapters. Chapter 1 introduces the topic, offers a timely review of various related areas, and explains why the MR approach is important for conducting supply chain risk analysis. Chapter 2 examines the single period inventory model with the mean-variance and mean-semi-deviation approaches. Extensive discussions on the efficient frontiers are also reported. Chapter 3 explores the infinite horizon multi-period inventory model with a mean-variance approach. Chapter 4 investigates the supply chain coordination problem with a versatile target sales rebate contract and a risk averse retailer possessing the mean-variance optimization objective. Chapter 5 concludes the book and discusses various promising future research directions and extensions. Every chapter can be taken as a self-contained article, and the notation within each chapter is consistently employed.

Download or read book China s Insurance and Green Economy Development in the Context of Sustainable Development written by Yuantao Xie and published by Frontiers Media SA. This book was released on 2024-01-03 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Proceedings of the 2022 2nd International Conference on Business Administration and Data Science BADS 2022 written by Víctor Fernández-Viagas and published by Springer Nature. This book was released on 2023-01-13 with total page 1511 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book. The 2nd International Conference on Business Administration and Data Science (BADS 2022) is hosted by Kashi University and organized by the College of Economics and Management of Kashi University. The 2nd International Conference on Business Administration and Data Science (BADS 2022) is one of the series of activities for the 60th anniversary of the founding of Kashgar University In the current situation of rapid economic development, the competition in the market is increasingly fierce. The drawbacks of traditional enterprise management and the backward management concept have seriously hindered the normal development of enterprises. In order to improve their competitive advantages and market share, enterprises must optimize their management methods and build a modern business administration system. In this situation, enterprises can only promote their development process by improving their business management mode and formulating scientific business management policies.

Download or read book 2023 4th International Conference on E Commerce and Internet Technology ECIT 2023 written by Vilas Gaikar and published by Springer Nature. This book was released on 2023-07-24 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access book. E-commerce is a commercial activity centered on commodity exchange by means of information network technology. In the open network environment of the Internet, based on the client/server application method, buyers and sellers carry out various commercial activities online, realizing online shopping for consumers, online transactions between merchants and online electronic payment, as well as various business activities, trading activities, financial activities and related comprehensive service activities of a new business operation mode. It is the electronicization, networking and informatization of all aspects of traditional business activities. Internet technology is the prerequisite for e-commerce to be realized. The development and popularization of Internet technology has also played a positive role in promoting the development of e-commerce. Internet technology is a double-edged sword, with advantages and disadvantages, since it can promote the development of e-commerce, it may also affect its normal construction, such as the existence of theft of information, tampering with information, counterfeiting, malicious damage and other security risks, but also through the firewall technology, data encryption technology, authentication technology, digital signature technology and other technologies to regulate the transaction process. Therefore, the influence of the two is mutual, and only through continuous friction can we continuously promote the development of both sides in a benign direction. ECIT 2023 provides a platform in order to Create a forum for sharing, research and exchange at the international level, so that participants can be informed of the latest research directions, results and contents of applied Internet technologies on e-commerce, thus stimulating them to generate new research ideas. Promote the development of e-commerce by studying its problems. To open up new perspectives, broaden horizons and examine the issues under discussion by the participants. Each accepted article requires at least one author to attend the meeting and present it.

Download or read book EMIS 2023 written by Luning Liu and published by European Alliance for Innovation. This book was released on 2023-06-15 with total page 939 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains the papers presented at the 2nd International Conference on Engineering Management and Information Science (EMIS 2023), held during December 24th-26th, 2023 (virtual event). With the theme of “bringing together global wisdom in scientific innovation to promote high-quality development”, the immediate purpose of this Conference was to gather experienced as well as young scientists who are interested in working actively on various aspects of engineering management and information science to drive development. The major topics covered in the Conference are: Project Management Information System, Logistics Information System, Intelligent Transportation Engineering, Passwords and Security Systems, Numerical Algorithms for Computers, Innovative Network Systems and Applications, Knowledge Acquisition and Management, etc... Here, scholars, experts, and researchers are welcomed to share their research progress and inspirations. It is a great opportunity to promote academic communication and collaboration worldwide.

Download or read book Supply Chain Challenges for Retailers in an Omni channel Environment written by Xiaomeng Guo and published by . This book was released on 2016 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: To capitalize on the e-commerce growth, many retailers are making the necessary investments that will allow them to sell their merchandise online. Traditionally, the online channel has been viewed as a separate way to sell products. Nowadays, many firms have realized the need to provide consumers with a seamless shopping experience, which leads to the "omni-channel" retailing. Recent surveys and studies show that consistent products and consistent pricing have been considered as the top 2 most critical attributes of "omni-channel" retailing by consumers. Although a number of theories suggest efficiency and strategic differences between channels, there is virtually no work on combining these into an "omni-channel" studies. In the first chapter, we undertake to close this gap with a theoretical study that focuses on comparing the omni-channel retailing and the traditional multi-channel retailing from the perspective of consistent product and pricing.To do this, we consider a market where there is a single manufacturer who is capable of producing up to two products versions. The manufacturer sells his products through his own online channel and a retailer's traditional brick-and-mortar store; both channels face uncertainty market size and compete against an outside retail market. Under an omni-channel setting, the manufacturer's online channel and the retailer's brick-and-mortar store are required to offer the same product at the same retail price; while under a traditional dual-channel setting, the products and retail prices across the two channels are allowed to be different. We characterize situations when an omni-channel strategy could benefit the manufacturer and the retailer. We first study the centralized supply chain where the manufacturer and the retailer are managed by an integrated firm, and then examine the decentralized supply chain where the manufacturer owns the online channel and an independent retailer owns the brick-and-mortar retail store.We find that in a centralized supply chain, the integrated firm is always worse off under the omni-channel setting since the channel consistency requirement constraints the integrated firm's product offering and pricing decisions. However, in a decentralized supply chain, the omni-channel strategy could benefit both the manufacturer and the retailer in the situations where the competition between the manufacturer's online channel and the retailer's brick-and-mortar is intense and neither channel has clear advantage over the other. This is because through synchronizing product and pricing across channels, both the manufacturer and the retailer are able to reduce competition between the two channels.Besides studying firms' strategies about managing multiple channels, this dissertation also examines firms' product-line expansion strategies and the effects of consumers' fairness behavior on firms' quality and pricing strategies.In the second chapter, we study manufacturers' product line expansion strategies in a supply chain. To expand sales, many manufacturers try to develop and sell product lines. Frequently, however, the distribution of a product line to consumers creates tensions between a manufacturer and a retailer as the retailer may choose to stock only some product versions from a product line created by the manufacturer. To mitigate this tension, previous literature has shown that if a manufacturer (he) wants to sell his product line through a retailer (she) who faces deterministic demand, then he needs to customize the product line design according to her requirements. Also, the design requirements may change across retailers. In contrast, in this chapter we show that if demand is stochastic, then a manufacturer can mitigate the same tension merely by re-allocating inventory risk in the supply chain. Surprisingly, this strategy can be so powerful that it is possible to find cases where the equilibrium product line includes more product versions when the manufacturer sells through a retailer than when he sells directly to consumers.The model in this chapter is a bilateral supply chain with a manufacturer capable of producing multiple product designs and a retailer who faces stochastic consumer demand. The manufacturer sells his output through the retailer using one of the following variations on the classical wholesale contract: push (PH), pull (PL), or instantaneous fulfillment (IF). With PH and PL (IF), wholesale prices and quantities are decided before (after) demand is revealed. Retail prices are always set after demand is revealed. With PH (PL) the retailer (manufacturer) carries retail inventory.Taking the manufacturer's point of view, we characterize the equilibrium product line length and equilibrium contracting strategy. Our answers are determined by three important drivers: demand variability, product substitutability, and the retailer's outside option. Low outside option and low (high) substitutability imply that the manufacturer maximizes his expected profit by offering the retailer longer (shorter) product line using the IF contract. As outside option increases, the equilibrium contract will be either PH or PL. High demand variability and low substitutability imply that the manufacturer should be expected to sell a longer product line with a PH contract. Low demand variability and high substitutability imply that the manufacturer should be expected to sell a shorter product line with a PL contract.In the third chapter, we study the effects of consumers' fairness concerns on firms' quality and pricing decisions. Empirical evidence and behavioral research suggest that consumers may perceive a firm's price as unfair when its profit margin is too high relative to consumers' surplus. Consumers with inequity aversion experience some psychological disutility when buying products at unfair prices.In this chapter, we develop an analytical framework to investigate the effects of consumers' inequity aversion on a firm's optimal pricing and quality decisions. We highlight several findings. First, because of consumers' uncertainty about the firm's cost, the firm's optimal quality may be non-monotone with respect to the degree of consumers' inequity aversion. Second, stronger inequity aversion makes an inefficient firm worse off, but may benefit an efficient firm. Third, stronger inequity aversion by the consumer can actually lower the consumer's monetary payoff (economic surplus) because the firm may reduce its quality to a greater extent than it reduces its price. Lastly, as the expected cost-efficiency in the market decreases, both the expected quality and the social surplus may increase rather than decrease.

Download or read book Using Strategy Analytics for Business Value Creation and Competitive Advantage written by Kautish, Sandeep Kumar and published by IGI Global. This book was released on 2024-07-26 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the field of strategic management and business intelligence, a formidable challenge is present—conventional decision-making processes, heavily reliant on internal and external reports, struggle to meet the demands of this data-driven era. As organizations grapple with the increasing influx of data, the imperative for a strategic shift becomes undeniably apparent. Using Strategy Analytics for Business Value Creation and Competitive Advantage helps to guide leaders in extracting value, structuring complex problems, and crafting robust business strategies. Scholars and industry experts alike will find within the pages of this comprehensive guide a roadmap to navigate the intersection of organizational strategy and analytics, ultimately unlocking the key to business brilliance. Using Strategy Analytics for Business Value Creation and Competitive Advantage stands as a testament to the commitment to addressing the prevailing challenges in strategic decision-making. Tailored for researchers, academicians, industry experts, and scholars, the book delves into the intricacies of strategy analytics, offering transformative insights for those seeking a competitive edge in the evolving business landscape. Capturing the essence of this exploration, the transformative potential of strategy analytics is encapsulated in this valuable resource.

Download or read book Proceedings of the Fifteenth International Conference on Management Science and Engineering Management written by Jiuping Xu and published by Springer Nature. This book was released on 2021-07-15 with total page 869 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers the proceedings of the fifteenth International Conference on Management Science and Engineering Management (ICMSEM 2021) held on August 1-4, 2021, at the University of Castilla-La Mancha (UCLM), Toledo, Spain. The proceedings contains theoretical and practical research of decision support systems, complex systems, empirical studies, sustainable development, project management, and operation optimization, showing advanced management concepts and demonstrates substantial interdisciplinary developments in MSEM methods and practical applications. It allows researchers and practitioners in management science and engineering management (MSEM) to share their latest insights and contribution. Meanwhile, it appeals to readers interested in these areas, especially those looking for new ideas and research directions.

Download or read book LISS 2023 written by Daqing Gong and published by Springer Nature. This book was released on with total page 902 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The 2013 International Conference on Management and Information Technology written by Alice Peng and published by DEStech Publications, Inc. This book was released on 2013-11-20 with total page 916 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aims of CMIT2013 are to provide a platform for researchers, educators, engineers, and government officials involved in the general areas of management and Information Technology to disseminate their latest research results and exchange views on the fu ture research directions of these fields, to exchange management and information technology and integrate of their practice, application of the academic ideas, improve the academic depth of information technology and its application, provide an internation al communication platform for educational technology and scientific research for the world's universities, business intelligence engineering field experts, professionals, and business executives. The CMIT 2013 tends to collect the latest research results an d applications on management and information technology . It includes a selection of 125 papers from 781 papers submitted to the conference from universities and industries all over the world. All of accepted papers were subjected to strict peerreviewing b y two to four expert referees. The papers have been selected for this volume because of quality and the relevance to the conference. The conference is designed to stimulate the young minds including Research Scholars, Academicians, and Practitioners to co ntribute their ideas, thoughts and nobility in these two disciplines.

Download or read book Handbook of Research on Digital Transformation Management and Tools written by Pettinger, Richard and published by IGI Global. This book was released on 2022-06-30 with total page 765 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in digital technologies continue to impact all areas of life, including the business sector. Digital transformation is ascertained to usher in the digitalized economy and involves new concepts and management tools that must be considered in the context of management science and practice. For business leaders to ensure their companies remain competitive and relevant, it is essential for them to utilize these innovative technologies and strategies. The Handbook of Research on Digital Transformation Management and Tools highlights new digital concepts within management, such as digitalization and digital disruption, and addresses the paradigm shift in management science incurred by the digital transformation towards the digitalized economy. Covering a range of important topics such as cultural economy, online consumer behavior, sustainability, and social media, this major reference work is crucial for managers, business owners, researchers, scholars, academicians, practitioners, instructors, and students.

Download or read book LISS 2013 written by Runtong Zhang and published by Springer. This book was released on 2014-10-20 with total page 1386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information and communication technology has helped to provide a more effective network infrastructure and development platform for logistics and service operations. In order to meet the needs of consumers and particularly to promote low-carbon development processes, new types of services will also emerge. LISS 2013 is a prime international forum for both researchers and industry practitioners to exchange the latest fundamental advances in the state of the art and practice of logistics, informatics, service operations and service science. Experts and researchers from related fields will discuss current issues and future development opportunities discuss and analyze developing trends and exchange the latest research and academic thought. The theme of the conference is Logistics and Service Science based on the Internet of Things.

Download or read book Handbook of the Fundamentals of Financial Decision Making written by Leonard C. MacLean and published by World Scientific. This book was released on 2013 with total page 941 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).

Download or read book The Theory and Practice of Revenue Management written by Kalyan T. Talluri and published by Springer Science & Business Media. This book was released on 2006-02-21 with total page 731 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revenue management (RM) has emerged as one of the most important new business practices in recent times. This book is the first comprehensive reference book to be published in the field of RM. It unifies the field, drawing from industry sources as well as relevant research from disparate disciplines, as well as documenting industry practices and implementation details. Successful hardcover version published in April 2004.

Download or read book Emerging Frontiers in Operations and Supply Chain Management written by B. Vipin and published by Springer Nature. This book was released on 2021-09-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book addresses the challenges in managing the operations and supply chain of organizations in the era of internet of things and Industry 4.0. It presents cutting edge research on real world operations related problems, in-depth analyses, and relevant managerial implications. Wide variety of solution approaches such as quantitative, quantitative, and simulations are presented in the context of managing the operations and supply chains. Consisting of selected papers from the XXIII Annual International Conference of Society of Operations Management, this volume is part of a two volume series with the other book consisting of chapters on quantitative decision making. This edited book covers various quantitative models on operations and supply chain management such as inventory optimization, machine learning-operations research integrated model for healthcare systems, game-theoretic analysis of review strategies in truthful information sharing, design of contracts in supply chains, supply chain optimization, inventory routing, and shop floor scheduling. In addition to the quantitative models, several innovative heuristics are proposed for different problems. This book explores qualitative models on improving the performance of small and medium enterprises and petroleum industries and a simulation model for staff allocation in the information technology industry. Finally, this book provides review articles on vaccine supply chains and behavioral operations management. The book throws light on the emerging trends in the use of analytics, optimization, and simulation tools and empirical analysis to improve the performance of operations and supply chains of organizations. It will serve as an essential resource for practitioners, students, faculty members and scholars in operations management and related areas to gain knowledge and pursue high quality research on developments in areas such as managing the resource management and the solution methodology---innovative tools employed in addressing the real world problems and the different optimization techniques.