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Coordination for a Closed-loop Supply Chain with Recycling Platform Considering Dynamic Setting.

Authors :
Xiang, Zehua
Ji, Ting
Dong, Lingfeng
Source :
Journal of Systems Science & Systems Engineering; Aug2024, Vol. 33 Issue 4, p425-451, 27p
Publication Year :
2024

Abstract

This paper presents a dynamic closed-loop supply chain (CLSC) model, incorporating a manufacturer, a retailer, and an internet recycling platform (IRP), utilizing differential game theory while considering the forgetting effect of consumers. The model encompasses factors such as the quality level of used products and Big Data marketing (BDM), comparing optimal equilibriums under decentralized and cooperative decision scenarios. To effectively coordinate the dynamic CLSC at each time point, we propose a revenue-sharing and cost-sharing (RSCS) combined contract. In addition to ensuring reasonable sharing of revenues and costs, this contract allows the manufacturer to flexibly adjust wholesale prices for final products and transfer prices for used products in order to distribute profits appropriately and achieve Pareto optimality within the CLSC system. Furthermore, our results indicate that there exists a threshold for Big Data marketing efficiency; high-efficiency BDM not only facilitates increased recycling on Internet platforms but also reduces unit recycling costs for enterprises. Interestingly, when implementing the combined contract, Big Data marketing efficiency does not impact the transfer price paid by manufacturers to Internet recycling platforms. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10043756
Volume :
33
Issue :
4
Database :
Complementary Index
Journal :
Journal of Systems Science & Systems Engineering
Publication Type :
Academic Journal
Accession number :
178877351
Full Text :
https://doi.org/10.1007/s11518-024-5598-8