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| Author: | Arcelus, F.J. Pakkala, T.P.M. Srinivasan, G. |
| Title: | A purchasing framework for B2B pricing decisions and risk-sharing in supply chains |
| Journal: | Decision Sciences
2002 : FALL, VOL. 33.4, p. 645-666 |
| Index terms: | Business-to-business Inventory control Operations management Risk sharing Stochastic processes Supply chain management |
| Language: | eng |
| Abstract: | A common modeling structure is presented for 1) the implementation of operational policies by individual purchasing managers of risk-sharing agreements among supply-chain partners and 2) the integration of brick and click purchasing policies in a B2B. The problem of price uncertainty created with these two environments is modelled as a stochastic repetitive-sales problem, applicable to any probability distribution. |
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