Penalty and reward contracts between a manufacturer and its logistics service provider

Contracts are used to coordinate disparate but interdependent members of the supply chain. Conflicting objectives of these members and lack of coordination among the members lead to inefficiencies in matching supply with demand. This study reviews different types of contracts and proposes a methodol...

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Bibliographic Details
Main Authors: Emel Aktas, Fusun Ulengin
Format: Article
Language:English
Published: BVL 2016-12-01
Series:Logistics Research
Subjects:
Online Access:https://www.bvl.de/lore/all-volumes--issues/volume-9/issue-1/penalty-and-reward-contracts-between-a-manufacturer-and-its-logistics-service-provider