A Coordination Model of Remanufacturing Closed-loop Supply Chain Based on Trade Credit and Revenue Sharing

Abstract

Abstract:

Closed-loop supply chain coordination is studied under the condition of trade credit. First of all, the pricing strategy in decentralized decision model is analyzed by using Stackelberg game theory, and then the pricing strategy under centralized decision model analyzed, a coordination mechanism of closedloop supply chain based on trade credit and revenue sharing put forward, and finally, the impact of parameter on the result of decisionmaking discussed by example analysis, thus quantitatively depicting the value of trade credit in the closed-loop supply chain coordination. Research shows that trade credit and revenue sharing contract can effectively coordinate the closed-loop supply chain, and coordination mechanism has implications in the practice of closed-loop supply chain.

Key words: closed-loop supply chain, trade credit, supply chain coordination, pricing, discounting

CHEN Zhangyue1,2, WANG Yili2, SHI Mingjun2. A Coordination Model of Remanufacturing Closed-loop Supply Chain Based on Trade Credit and Revenue Sharing[J]. Industrial Engineering Journal .

References

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A Coordination Model of Remanufacturing Closed-loop Supply Chain Based on Trade Credit and Revenue Sharing

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