TY - GEN

T1 - SUPPLY CHAIN COORDINATION UNDER FINANCIAL CONSTRAINTS

AU - Berezinets, I.

AU - Zenkevich, N.

AU - Voronova, T.

N1 - Conference code: 7

PY - 2020

Y1 - 2020

N2 - In the paper the problem of the supply chain expected profit maximization using a coordinating contract in condition of one of the counterparties being financially constrained is considered. The solution is derived for a two-echelon supply chain assuming product demand being distributed as uniformly. A revenue-sharing contract with bank financing and a modified revenue-sharing contract with trade credit are explored. It is stated that none of them is coordinating, as supplier's expected profit maximum is not attained. Conditional supply chain coordination using a modified revenue-sharing contract with trade credit is considered if supply chain and retailer's expected profits are maximized and supplier's expected profit exceeds that under the modified wholesale-price contract with trade credit and the revenue-sharing contract with bank financing. It is proved that the problem of the supply chain expected profit maximization under the assumptions made can be solved using a modified revenue-sharing contract with trade credit financing.

AB - In the paper the problem of the supply chain expected profit maximization using a coordinating contract in condition of one of the counterparties being financially constrained is considered. The solution is derived for a two-echelon supply chain assuming product demand being distributed as uniformly. A revenue-sharing contract with bank financing and a modified revenue-sharing contract with trade credit are explored. It is stated that none of them is coordinating, as supplier's expected profit maximum is not attained. Conditional supply chain coordination using a modified revenue-sharing contract with trade credit is considered if supply chain and retailer's expected profits are maximized and supplier's expected profit exceeds that under the modified wholesale-price contract with trade credit and the revenue-sharing contract with bank financing. It is proved that the problem of the supply chain expected profit maximization under the assumptions made can be solved using a modified revenue-sharing contract with trade credit financing.

KW - РИНЦ

M3 - Conference contribution

SP - 172

EP - 177

BT - ANNUAL GSOM EMERGING MARKETS CONFERENCE 2020. Conference book

PB - Издательство Санкт-Петербургского университета

CY - SPb.

T2 - GSOM Emerging Markets Conference -2020

Y2 - 11 November 2020 through 18 November 2020

ER -