Time: May 11th (Thursday) 10:00 am -12:00 am
Location: Conference Room 216, Main Building, Zhongguancun Campus
Reported by: Zhou Yu, Associate Professor of Chongqing University
Reported by:
Zhou Yu, associate professor and doctoral supervisor of School of Economics and Business Administration of Chongqing University, and joint doctoral cultivation of Chongqing University and Queen's University Belfast; The research direction focuses on the impact and coordinated development of technological change on the economy, society, and environment; Research interests include but are not limited to technology intensive supply chain management, new technology operation management, and "human technology" sustainable development; As an independent author, corresponding author, or first author, I have published over 20 papers in mainstream academic journals such as Management Science, Decision Sciences, Production and Operations Management, European Journal of Operational Research, etc; Starting from 2021, he has been continuously shortlisted for the "Elsevier China High cited Scholar (Business Administration)".
Introduction to report content:
Due to unexpected events such as natural disasters, trade frictions, and military conflicts, manufacturers' production capacity may be disrupted. In a two cycle model, we investigate the impact of supply interruption risk in the second cycle on supply chain inventory decisions and manufacturer commitment strategies. We consider three commitment strategies: no commitment, price commitment, and inventory commitment. We have found that the risk of supply interruption brings about very different supply chain inventory decisions. Manufacturers always prefer inventory commitment, but the prerequisite for successful implementation of inventory commitment strategies is supply chain transparency; If inventory commitments are not feasible, manufacturers can also use price commitments to increase expected profits under certain conditions.
(Organized by: Department of Management science and Logistics, Scientific Research and Academic
Center)
