文献类型：期刊文献

英文题名：EFFECT OF DISRUPTION RISK ON A SUPPLY CHAIN WITH PRICE-DEPENDENT DEMAND

作者：Li, Min[1];Zhang, Jiahua[2];Xu, Yifan[3];Wang, Wei[1]

机构：[1]East China Univ Sci & Technol, Dept Math, Shanghai 200237, Peoples R China;[2]Chinese Univ Hong Kong, Sch Management & Econ, Shenzhen 518172, Peoples R China;[3]Fudan Univ, Sch Management, Shanghai 200433, Peoples R China

年份：2020

卷号：16

期号：6

起止页码：3083

外文期刊名：JOURNAL OF INDUSTRIAL AND MANAGEMENT OPTIMIZATION

收录：;EI(收录号：20204909571488);WOS:【SSCI(收录号:WOS:000581716000025)，SCI-EXPANDED(收录号:WOS:000581716000025)】；

基金：This work is supported by National Nature Science Foundation of China (No.71531005).

语种：英文

外文关键词：Competition; diversification; default correlation; responsive pricing; ex-ante pricing

摘要：Supply chain disruption management has been a hot issue for a long time. This paper studies a supply chain consisting of two suppliers and a retailer. The suppliers may have correlated disruption risks and they choose their respective wholesale price. The retailer's demand is selling price-dependent. In a scenario of ex-ante pricing scheme, i.e., the retailer chooses selling price before the suppliers' disruption is resolved, we find that the disruption correlation affects the supply chain members' profits in a nonmonotonic way. In a scenario of responsive pricing scheme, i.e., the retailer chooses selling price after the suppliers' disruption is resolved, we show that when the suppliers' disruption correlation becomes stronger, the suppliers' profit will decrease while the retailer's profit will increase. Moreover, the retailer always earns a higher profit under the responsive pricing scheme than under the exante pricing scheme. In an extension, we show that the suppliers' disruption correlations affects the supply chain members' profits in a similar way if the supply chain has two competitive retailers. However, in this extension, if the suppliers' disruption correlation is low, the retailers' profit is higher under the responsive pricing scheme; otherwise, the retailers' profit is higher under the ex-ante pricing scheme.