Optimal pricing and return policy for enterprise under supply chain management

Quanwu Zhao and Jiaqin Yang

International Journal of Management and Enterprise Development, 2007, vol. 4, issue 2, 218-233

Abstract: This paper presents an inventory model for perishable goods in a supply chain with a single supplier and multiple competing retailers. The proposed model suggests that when the enterprise (i.e. the supplier) adopts a buy-back contract with optimal pricing and return policy, the inventory competition among retailers can be characterised as a multi-person game with unique, stable solutions. Specifically, the model demonstrates that in terms of enterprise management of a retail supply chain, the enterprise can use the buy-back contract to coordinate the whole chain and allocate the expected profit between the supplier and retailers to achieve a 'win-win' solution.

Keywords: inventory models; supply chain management; SCM; enterprise management; perishable goods; buy-back contract; optimal pricing; return policies. (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=11793 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmede:v:4:y:2007:i:2:p:218-233

Access Statistics for this article

More articles in International Journal of Management and Enterprise Development from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().