Title: Supply chain coordination with inventory and pricing decisions
Authors: Hau-Ling Chan
Addresses: Institute of Textiles and Clothing, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong
Abstract: In this study, we conduct a comprehensive literature review on the inventory and pricing decisions under the supply chain coordination. To be specific, we review the publications from 1997 to 2017 and divide the papers into six areas for discussion, they are: decisions under integrated supply chain, supply contract, capital-constrained, competition, risk aversion, and information asymmetry. After reviewing the literature, we identify three major future research directions. First, we propose to explore different real world industrial supply contracts and the forms of demand function. Second, limited studies consider risk aversion behaviour of the supply chain members; hence, we also propose to examine the inventory and pricing decisions under supply chain coordination with risk-averse retailer and risk-averse supplier, respectively. Finally, it is also interesting to investigate different types of information asymmetry.
Keywords: supply chain coordination; inventory and pricing decisions; review.
International Journal of Inventory Research, 2019 Vol.5 No.3, pp.234 - 250
Received: 30 Sep 2017
Accepted: 10 Jan 2018
Published online: 04 Apr 2019 *