Two-level Supply Chain Coordination by Using an Insurance Contract under Returning Goods from Customer and Two-periodic Demand

One effective method for improving the performance of supply chain is making coordination among members of supply chain. This paper studies the subject of coordination of supply chain by using an insurance contract. The supply chain consists of one-manufacturer and one-retailer that the retailer is...

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Main Authors: Shahrokh Hematyar, Kamal Chaharsooghi, Isa Nakhaei
Format: Article
Language:fas
Published: University of Tehran 2014-06-01
Series:مدیریت صنعتی
Subjects:
Online Access:https://imj.ut.ac.ir/article_50696_d73df68630fd4f43c1c9ed333d6c7075.pdf
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spelling doaj-1cf4dda90e664d5baadb9bbb9307d3052020-11-25T01:51:16ZfasUniversity of Tehranمدیریت صنعتی2008-58852423-53692014-06-016241143210.22059/imj.2014.5069650696Two-level Supply Chain Coordination by Using an Insurance Contract under Returning Goods from Customer and Two-periodic DemandShahrokh Hematyar0Kamal Chaharsooghi1Isa Nakhaei2quality manager - MAPNA O&M Co.دانشیار دانشکدۀ فنی مهندسی، دانشگاه تربیت مدرس، تهران، ایراناستاد دانشکدۀ فنی مهندسی، دانشگاه تربیت مدرس، تهران، ایرانOne effective method for improving the performance of supply chain is making coordination among members of supply chain. This paper studies the subject of coordination of supply chain by using an insurance contract. The supply chain consists of one-manufacturer and one-retailer that the retailer is faced with potential demand and returning of goods from customer. Acceptance of goods returned is a common characteristic of existing competitive market and influences the subject of coordination. In this paper contractual parameters and sale price of goods of manufacturer are determined to achieve a full coordination and win-win condition for both members of supply chain. We compare this contract with revenue sharing contract. The results of research show that for any revenue sharing contract one insurance contract can be defined and in case of selecting contractual parameters properly the manufacturer’s expected profit with insurance contract is improved in relation to revenue sharing contract.https://imj.ut.ac.ir/article_50696_d73df68630fd4f43c1c9ed333d6c7075.pdfSupply Chain CoordinationInsurance contractTwo-PeriodicReturning Goods
collection DOAJ
language fas
format Article
sources DOAJ
author Shahrokh Hematyar
Kamal Chaharsooghi
Isa Nakhaei
spellingShingle Shahrokh Hematyar
Kamal Chaharsooghi
Isa Nakhaei
Two-level Supply Chain Coordination by Using an Insurance Contract under Returning Goods from Customer and Two-periodic Demand
مدیریت صنعتی
Supply Chain Coordination
Insurance contract
Two-Periodic
Returning Goods
author_facet Shahrokh Hematyar
Kamal Chaharsooghi
Isa Nakhaei
author_sort Shahrokh Hematyar
title Two-level Supply Chain Coordination by Using an Insurance Contract under Returning Goods from Customer and Two-periodic Demand
title_short Two-level Supply Chain Coordination by Using an Insurance Contract under Returning Goods from Customer and Two-periodic Demand
title_full Two-level Supply Chain Coordination by Using an Insurance Contract under Returning Goods from Customer and Two-periodic Demand
title_fullStr Two-level Supply Chain Coordination by Using an Insurance Contract under Returning Goods from Customer and Two-periodic Demand
title_full_unstemmed Two-level Supply Chain Coordination by Using an Insurance Contract under Returning Goods from Customer and Two-periodic Demand
title_sort two-level supply chain coordination by using an insurance contract under returning goods from customer and two-periodic demand
publisher University of Tehran
series مدیریت صنعتی
issn 2008-5885
2423-5369
publishDate 2014-06-01
description One effective method for improving the performance of supply chain is making coordination among members of supply chain. This paper studies the subject of coordination of supply chain by using an insurance contract. The supply chain consists of one-manufacturer and one-retailer that the retailer is faced with potential demand and returning of goods from customer. Acceptance of goods returned is a common characteristic of existing competitive market and influences the subject of coordination. In this paper contractual parameters and sale price of goods of manufacturer are determined to achieve a full coordination and win-win condition for both members of supply chain. We compare this contract with revenue sharing contract. The results of research show that for any revenue sharing contract one insurance contract can be defined and in case of selecting contractual parameters properly the manufacturer’s expected profit with insurance contract is improved in relation to revenue sharing contract.
topic Supply Chain Coordination
Insurance contract
Two-Periodic
Returning Goods
url https://imj.ut.ac.ir/article_50696_d73df68630fd4f43c1c9ed333d6c7075.pdf
work_keys_str_mv AT shahrokhhematyar twolevelsupplychaincoordinationbyusinganinsurancecontractunderreturninggoodsfromcustomerandtwoperiodicdemand
AT kamalchaharsooghi twolevelsupplychaincoordinationbyusinganinsurancecontractunderreturninggoodsfromcustomerandtwoperiodicdemand
AT isanakhaei twolevelsupplychaincoordinationbyusinganinsurancecontractunderreturninggoodsfromcustomerandtwoperiodicdemand
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