The Information Sharing Strategy and Incentive Mechanism in a Dual-Channel Supply Chain under Trade Credit Financing

DOI

10.2991/978-94-6463-102-9_85How to use a DOI?

Keywords

Capital constraints; Dual-channel supply chain; Demand forecast; information sharing; Deferred payment

Abstract

To investigate the information sharing strategy and incentive mechanism in a dual-channel supply chain with capital constraints, we build a Stackelberg game model of a manufacturer and a capital-constrained retailer in the presence of trade credit financing, study the optimal decisions and expected profits of the supply chain partners under demand forecast information sharing, and explore the information sharing strategy. Finally, based on Nash bargaining theory, we propose an incentive mechanism of information sharing in a dual-channel supply chain with capital constraints. The results are as follow, first, the optimal decisions of the supply chain partners are affected by demand forecast, deferred payment rate and other variables. Second, although the information sharing can improve the profits of the manufacturer and supply chain system, it will hurt the retailer and lead to the retailer not sharing demand forecast information with the manufacturer. Third, under certain conditions, compared with the case of no information sharing, the information sharing incentive mechanism can achieve a Pareto improvement for the retailer and the manufacturer, resulting in both parties agreeing on market demand information sharing.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Fuhai Nie
PY  - 2022
DA  - 2022/12/29
TI  - The Information Sharing Strategy and Incentive Mechanism in a Dual-Channel Supply Chain under Trade Credit Financing
BT  - Proceedings of the 2022 2nd International Conference on Business Administration and Data Science (BADS 2022)
PB  - Atlantis Press
SP  - 831
EP  - 838
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-102-9_85
DO  - 10.2991/978-94-6463-102-9_85
ID  - Nie2022
ER  -