Composite Contracts in Supply Chain
Supply chain coordination is very important nowadays because of the increasing number of cooperating partners. Contracts can be used in order to provide a framework for the partners’ cooperation. In this paper, two contract types are analysed. Take-it-or-leave-it contracts are often used by decentra...
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Format: | Article |
Language: | English |
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University of Miskolc
2020-08-01
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Series: | Theory, Methodology, Practice |
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Online Access: | https://doi.org/10.18096/TMP.2020.01.01 |
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author | Tamás Faludi |
author_facet | Tamás Faludi |
author_sort | Tamás Faludi |
collection | DOAJ |
description | Supply chain coordination is very important nowadays because of the increasing number of cooperating partners. Contracts can be used in order to provide a framework for the partners’ cooperation. In this paper, two contract types are analysed. Take-it-or-leave-it contracts are often used by decentralized supply chains, but include some attributes from centralized settings. The quantity discount can be used in any type of supply chain. Centralized and decentralized settings of supply chains are also discussed in the paper. A numerical example compares the rates which determine the coordination power of the contract types. The paper suggest some other composite contracts to enhance the performance of supply chains. |
first_indexed | 2024-03-13T09:36:50Z |
format | Article |
id | doaj.art-d9471e092141403e91a8bd04a4366160 |
institution | Directory Open Access Journal |
issn | 1589-3413 2415-9883 |
language | English |
last_indexed | 2024-03-13T09:36:50Z |
publishDate | 2020-08-01 |
publisher | University of Miskolc |
record_format | Article |
series | Theory, Methodology, Practice |
spelling | doaj.art-d9471e092141403e91a8bd04a43661602023-05-25T12:17:45ZengUniversity of MiskolcTheory, Methodology, Practice1589-34132415-98832020-08-0116139Composite Contracts in Supply Chain Tamás Faludi 0University of Miskolc Supply chain coordination is very important nowadays because of the increasing number of cooperating partners. Contracts can be used in order to provide a framework for the partners’ cooperation. In this paper, two contract types are analysed. Take-it-or-leave-it contracts are often used by decentralized supply chains, but include some attributes from centralized settings. The quantity discount can be used in any type of supply chain. Centralized and decentralized settings of supply chains are also discussed in the paper. A numerical example compares the rates which determine the coordination power of the contract types. The paper suggest some other composite contracts to enhance the performance of supply chains.https://doi.org/10.18096/TMP.2020.01.01 supply chain managementsupply chain coordinationcontract typesquantity discounttake-it-or-leave-it |
spellingShingle | Tamás Faludi Composite Contracts in Supply Chain Theory, Methodology, Practice supply chain management supply chain coordination contract types quantity discount take-it-or-leave-it |
title | Composite Contracts in Supply Chain |
title_full | Composite Contracts in Supply Chain |
title_fullStr | Composite Contracts in Supply Chain |
title_full_unstemmed | Composite Contracts in Supply Chain |
title_short | Composite Contracts in Supply Chain |
title_sort | composite contracts in supply chain |
topic | supply chain management supply chain coordination contract types quantity discount take-it-or-leave-it |
url | https://doi.org/10.18096/TMP.2020.01.01 |
work_keys_str_mv | AT tamasfaludi compositecontractsinsupplychain |