Professor face to face--Professor Wang Jiancai, Department of Management Science and Logistics: Information Disclosure of the Best Supply Chain considering responsive pricing

Time: December 22 (Tuesday) 19:00-21:00

Location: 102, South part of Wenjiao Building, Liangxiang Campus

Reporteur: Professor Wang Jiancai, Department of Management Science and Logistics, School of Management and Economics

Photo of the reporter:

Report Content Description:

Given the long production advance period of products, companies have to decide on their inventory before demand is determined, but can delay pricing decisions until after demand is determined.This paper is based on a supply chain model composed of manufacturers and retailers, which can observe an imperfect demand signal, but manufacturers can influence the signal quality by disclosing product information.Through the establishment of a game model to investigate the influence of interaction between demand uncertainty and signal quality on the decision-making of manufacturers and retailers, combined with the market coverage effect and market clearing effect, the manufacturer’s information disclosure preferences and the information’s value to retailers are analyzed.

Speaker profile:

Professor, School of Management and Economics, Beijing Institute of Technology, PhD supervisor, Deputy Director, Department of Management Science and Logistics.He has long been engaged in teaching and research in the fields of complex system modeling, logistics and supply chain management, and risk analysis, He served as executive director and secretary general of Industrial Engineering Branch of China Optimization Law and Economic Mathematics Research Association, director of Behavior Operations Branch of China Operations Research Association and expert member of Modern Supply Chain Research Institute of China Federation of Logistics and Purchasing, He has published more than 30 papers as the first author or corresponding author in Computers & Industrial Engineering, European Journal of Operational Research, IEEE Transactions on Engineering Management, Information & Management, International Journal of Production Economics, International Journal of Production Research, International Transactions in Operational Research, Journal of the Operational Research Society, an international academic journal in the field of operation or information management.He won 1 second class prize of national teaching achievements and 1 first class prize of provincial and ministerial research achievements.

(Organized by: Scientific Research and Academic Exchange Center, Sub-Youth League Committee of School of Management and Economics, Academic and Entrepreneurship Center)