Joint Innovation Investment and Pricing Decisions In Retail Supply Chains With Customer Value

In the retail industry, customer value has become the key to maintaining competitive advantages. In the era of new retail, customer value is not only affected by the product price, but it is also closely related to innovations, such as value‐added services and unique business models. In this paper, we study the joint innovation investment and pricing decisions in a retailer–supplier supply chain based on revenue sharing contracts and customer value. We first find that, in the non-cooperative game, equilibrium only exists in the supplier Stackelberg game. However, revenue sharing contracts cannot coordinate the supply chain in the non‐cooperative game. By considering supply chain members’ bargaining power, we find that there exists a unique equilibrium for the Nash bargaining product. In addition, revenue sharing contracts can coordinate the supply chain and achieve the optimal consumer surplus. When the supply chain is coordinated, supply chain profit is allocated to the supply chain members based on their bargaining powers

Internal Supply-chain Competition In Remanufacturing: Operations Strategies, Performance And Environmental Effects

This paper investigates the competitive and environmental effects of different operations strategies of original equipment manufacturers (OEMs) and semi-independent remanufacturers, which simultaneously cooperate and compete in different stages of a closed-loop supply chain. In particular, a co-opetitive situation, in which remanufacturing is undertaken only by retailers while the OEMs' role is restricted to recycling is considered. After adopting a resource-based perspective of competition, investigations are accomplished using system dynamics simulation modelling. The results of simulations indicate that, in the long run, OEMs, regardless of the operation strategy they adopt, are unable to (re)capture the market gained by the remanufacturers. However, some of these strategies contribute to the improvement of the environmental performance of the entire supply chain

Literature Overview on the Field of Co-opetition

Co-opetition is a perspective on business relationships which highlights the ambivalence of competition and cooperation. Game theory is regarded as the mathematical tool for solving co-opetition related problems. The major step for introducing "co-opetition" into public discussion and economic research has been made by Brandenburger and Nalebuff in 1996. However they target a non-professional readership. A multitude of publications has followed, where the authors mostly focus on specific aspects of the problem and investigate particular industries. This paper gives a comprehensive literature overview on the field of co-opetition

Co-opetition in Service Clusters with Waiting-Area Entertainment

Problem Definition: Unoccupied waiting feels longer than it actually is. Service providers operationalize this psychological principle by offering entertainment options in waiting areas. A service cluster with a common space provides firms with an opportunity to cooperate in the investment for providing entertainment options while competing on other service dimensions. Academic / Practical Relevance: Our paper contributes to the literature by being the first to examine co- opetition in a service setting, in addition to developing a novel model of waiting-area entertainment. It also sheds new light on the emerging practice of service clusters and small-footprint retailing. Methodology: Using a queueing theoretic approach, we develop a parsimonious model of co-opetition in a service cluster with a common space. Results: By comparing the case of co-opetition with two benchmarks (monopoly, and duopoly competition), we demonstrate that a service provider that would otherwise be a local monopolist can achieve higher prof- itability by joining a service cluster and engaging in co-opetition. Achieving such benefits, however, requires a cost-allocation scheme that properly addresses an efficiency-fairness tradeoff—the pursuit of fairness may backfire and lead to even lower profitability than under pure competition. Managerial Implications: We show that as much as co-opetition facilitates resource sharing in a service clus- ter, it heightens price competition. Furthermore, as the intensity of price competition increases, surprisingly, service providers may opt to charge higher service fees, albeit while providing a higher entertainment level

The value chain approach imposes increased expectations on logistics management

As business organisations move toward network structures, and virtual models replace vertical organisations (or begin to become part of them), it is time to consider the role of logistics management in light of these developments. The value chain / value creation system (VCS) has introduced a radical view concerning the ownership and use of assets, processes and capabilities; ownership has been replaced by access and collaboration. This working paper considers the challenges confronting logistics management and explores the ways in which logistics management may become involved in these developments

Strategic Analysis of Dual Sourcing and Dual Channel with an Unreliable Alternative Supplier

Peer Reviewedhttps://deepblue.lib.umich.edu/bitstream/2027.42/148383/1/poms12938_am.pdfhttps://deepblue.lib.umich.edu/bitstream/2027.42/148383/2/poms12938.pdfhttps://deepblue.lib.umich.edu/bitstream/2027.42/148383/3/poms12938-sup-0001-AppendixS1.pd

Platform opening and cooperation: a literature review and research agenda

Purpose – The review aims to facilitate a broader understanding of platform opening and cooperation and points out potential research directions for scholars. Design/methodology/approach – This study searches Web of Science (WOS) database for relevant literature published between 2010 and 2021 and selects 86 papers for this review. The selected literature is categorized according to three dimensions: the strategic choice of platform opening and cooperation (before opening), the construction of an open platform (during opening) and the impact of platform opening and cooperation (after opening). Through comparative analysis, the authors identify research gaps and propose four future research agendas. Findings – The study finds that the current studies are fragmented, and a research system with a theoretical foundation has not yet formed. In addition, with the development of platform operations, new topics such as platform ecosystems and open platform governance have emerged. In short, there is an urgent need for scholars to conduct exploratory research. To this end, the study proposes four future research agendas: strengthen basic research on platform opening and cooperation, deeply explore the dynamic evolution and cutting-edge models of platform opening and cooperation, analyze potential crises and impacts of platform openness and strengthen research on open platform governance. Originality/value – This is the first systematic review on platform opening and cooperation. Through categorizing literature into three dimensions, this article clearly shows the research status and provides future research avenues