Supply chain competition based on customer utility
Zhanghua Yan, Teng Chun-xian, Zhang Chao
Abstract
Zhanghua Yan, Teng Chun-xian, Zhang Chao
Abstract
As one of the most important management theories in recent five decades, supply chain management has caught much attention. The study on supply chain competition is of great theoretical and realistic significance. Based on analyzing the factors that affect customer utility, the formation procedure of market share is illustrated and a supply chain competition model is established accordingly. In order to obtain the optimum response strategy and supply chain competition equilibrium, corresponding algorithm and measures are proposed. Numerical examples are given to illustrate how different sceneries affect the supply chain competition equilibrium.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
As one of the most important management theories in recent five decades, supply chain management has caught much attention. The study on supply chain competition is of great theoretical and realistic significance. Based on analyzing the factors that affect customer utility, the formation procedure of market share is illustrated and a supply chain competition model is established accordingly. In order to obtain the optimum response strategy and supply chain competition equilibrium, corresponding algorithm and measures are proposed. Numerical examples are given to illustrate how different sceneries affect the supply chain competition equilibrium.
Key concepts: Competition (biology), Supply chain, Supply chain management, Industrial organization, Order (exchange), Service management, Supply chain risk management, Computer science