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A review on select models for supply chain formation

Author

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  • Gajanan Panchal
  • Vipul Jain

Abstract

Supply chain formation is becoming a new and challenging topic of research in supply chain management. It basically deals with selection of suppliers or group of suppliers, which are rational in nature, to make them partners in the supply chain. Because of this rationality a game is induced between the suppliers. This paper is an attempt to compare mechanism design, negotiation, and contract theory where the issue of rationality is well handled, which serves as an input for the comparative analysis of the incentives provided to participants/suppliers. Also, this paper highlights some of the essential issues, challenges and complexities in both mechanism design and negotiation model which will be useful for researchers and supply chain practitioners working in this interesting and challenging area. Finally, this paper comes up with the future directions of developing the optimal strategies, addressing the identified issues, challenges and complexities associated with supply chain formation.

Suggested Citation

  • Gajanan Panchal & Vipul Jain, 2011. "A review on select models for supply chain formation," International Journal of Business Performance and Supply Chain Modelling, Inderscience Enterprises Ltd, vol. 3(2), pages 113-123.
  • Handle: RePEc:ids:ijbpsc:v:3:y:2011:i:2:p:113-123
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    Citations

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    Cited by:

    1. Gajanan Panchal & Vipul Jain & Naoufel Cheikhrouhou & Matthias Gurtner, 2017. "Equilibrium analysis in multi-echelon supply chain with multi-dimensional utilities of inertial players," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 16(4), pages 417-436, August.
    2. Md. Rabbi & Syed Mithun Ali & Golam Kabir & Zuhayer Mahtab & Sanjoy Kumar Paul, 2020. "Green Supply Chain Performance Prediction Using a Bayesian Belief Network," Sustainability, MDPI, vol. 12(3), pages 1-19, February.
    3. Jain, Vipul & Panchal, Gajanan B. & Kumar, Sameer, 2014. "Universal supplier selection via multi-dimensional auction mechanisms for two-way competition in oligopoly market of supply chain," Omega, Elsevier, vol. 47(C), pages 127-137.

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