Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Flexibility, information structure, option, and market power in robust supply chains
AU - Wallace, S W
AU - Choi, T M
PY - 2011/12
Y1 - 2011/12
N2 - Faced with uncertainty, researchers have explored concepts such as robustness, flexibility, information structure, options, and market power for supply chain management. Despite many influential findings, such as the presence of the bullwhip effect and channel power, the literature in supply chain management is a bit confusing with regard to these concepts, including how they are related to each other. In light of this, we discuss the meaning of the terms in a supply chain management context. We indicate what questions are at stake and some pitfalls to be aware of if the phenomenon we are concerned about is affected by strategic players. This paper is modelling focused.
AB - Faced with uncertainty, researchers have explored concepts such as robustness, flexibility, information structure, options, and market power for supply chain management. Despite many influential findings, such as the presence of the bullwhip effect and channel power, the literature in supply chain management is a bit confusing with regard to these concepts, including how they are related to each other. In light of this, we discuss the meaning of the terms in a supply chain management context. We indicate what questions are at stake and some pitfalls to be aware of if the phenomenon we are concerned about is affected by strategic players. This paper is modelling focused.
KW - Supply chain management
KW - Information
KW - Stages
KW - Robustness
KW - Flexibility
KW - Options
KW - Risk
KW - Market Power
U2 - 10.1016/j.ijpe.2009.11.002
DO - 10.1016/j.ijpe.2009.11.002
M3 - Journal article
VL - 134
SP - 284
EP - 288
JO - International Journal of Production Economics
JF - International Journal of Production Economics
SN - 0925-5273
IS - 2
ER -