Research on Recycling Strategy of Retailer cooperating with the Third-party in Closed-loop Supply Chain

DOI

10.2991/etmhs-15.2015.208How to use a DOI?

Keywords

closed-loop supply chain; recycling strategy; recycling and reusing; Stackelberg game.

Abstract

To improve the efficiency of recycling strategies in closed-loop supply chain, the closed-loop supply chain consisting of one manufacturer and one retailer and one third-party is studied. The cooperative recycling model (R3P mode) is designed whereby the retailer collects end-of-life products and the manufacturer cooperates with the third-party firm to handle used products. The two-stage Stackelberg game model of R3P mode is developed under uncertain demand and manufacturer leading. The optimal results are compared with the third-party firm collection model (3P mode). Through the analysis, it is shown that the manufacturer prefers R3P mode when the unit profit of recycling and reusing obsolete products is higher, and the R3P mode’s performance is superior to the 3P mode when the third-party firm is a non-profit organization.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hongchun Hu
AU  - Xiaoyu Hu
AU  - Zhiwei Meng
AU  - Weitang Zhai
PY  - 2015/03
DA  - 2015/03
TI  - Research on Recycling Strategy of Retailer cooperating with the Third-party in Closed-loop Supply Chain
BT  - Proceedings of the 2015 International Conference on Education Technology, Management and Humanities Science
PB  - Atlantis Press
SP  - 941
EP  - 945
SN  - 2352-5398
UR  - https://doi.org/10.2991/etmhs-15.2015.208
DO  - 10.2991/etmhs-15.2015.208
ID  - Hu2015/03
ER  -