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About Aktas-Ulengin2016 Article PenaltyAndRewardContractsBetwe
This document summarizes a research paper that analyzes contracts between a manufacturer and its logistics service provider. The researchers propose a penalty and reward contract model based on a newsvendor framework and test it using data from a consumer durable goods company. Their results show that the proposed contract improves coordination between the two companies compared to their existing arrangement, increasing overall supply chain efficiency by 96.1%. The contract aims to better match supply and demand in the supply chain.
Detailed Information
| Author: | ['Freya Evangeline'] |
|---|---|
| Publication Year: | 2018 |
| Pages: | 14 |
| Language: | English |
| Format: | |
| Price: | FREE |
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