Joint procurement and pricing of fresh produce for multiple retailers with a quantity discount contract
Zheng, Qi, Zhou, Li ORCID: 0000-0001-7132-5935 , Fan, Tijun and Ieromonachou, Petros ORCID: 0000-0002-5842-9585 (2019) Joint procurement and pricing of fresh produce for multiple retailers with a quantity discount contract. Transportation Research Part E: Logistics and Transportation Review, 130. pp. 16-36. ISSN 1366-5545 (doi:https://doi.org/10.1016/j.tre.2019.08.013)
|
PDF (Author Accepted Manuscript)
25090 IEROMONACHOU_Joint_Procurement_and_Pricing_of_Fresh_Produce_2019.pdf - Accepted Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (1MB) | Preview |
|
PDF (Acceptance Email)
25090 IEROMONACHOU_Acceptance_Email_2019.pdf - Additional Metadata Restricted to Repository staff only Download (37kB) | Request a copy |
Abstract
This study considers a fresh produce supply chain consisting of one supplier and multiple retailers with a quantity discount contract in two scenarios—independent procurement and joint procurement. The supplier’s optimal pricing decision and the retailers’ optimal procurement decisions under the quantity discount contract are investigated. Furthermore, the impact of the deterioration rate on the profit of supply chains is examined. The results show that joint procurement is more profitable than independent procurement and guarantees a win-win outcome. More importantly, retailers will be motivated to form a grand coalition when the total profit can be rationally allocated among them.
Item Type: | Article |
---|---|
Uncontrolled Keywords: | Fresh produce; Supply chain; Joint procurement; Contract; Coordination |
Faculty / School / Research Centre / Research Group: | Faculty of Business Faculty of Business > Department of Systems Management & Strategy Faculty of Business > Networks and Urban Systems Centre (NUSC) Faculty of Business > Networks and Urban Systems Centre (NUSC) > Connected Cities Research Group |
Last Modified: | 28 Aug 2020 01:38 |
URI: | http://gala.gre.ac.uk/id/eprint/25090 |
Actions (login required)
View Item |
Downloads
Downloads per month over past year