IDEAS home Printed from https://ideas.repec.org/a/hin/jnddns/4769870.html
   My bibliography  Save this article

Research on Supply Chain Coordination Based on Block Chain Technology and Customer Random Demand

Author

Listed:
  • Yongfei Li
  • Bill Wang
  • Dong Yang

Abstract

Based on disruptive innovation and Stackelberg noncooperative game theory, the paper focuses on supply chain coordination under the combined effects of block chain technology and random demand. Firstly, both a decentralized and a centralized supply chain decision models are built in a single-cycle newsvendor random demand situation. Then, through revenue sharing contract the study designs a brand-new supply chain coordination model which is Del trust, decentralized, and traded anonymously. Furthermore, the numerical comparative analysis on the optimal decision and supply chain coordination are conducted. It is found that the whole supply chain revenue can achieve and even beyond the performance level of the centralized supply chain with effectively expanding sales market and reducing supply chain risk. When the retail price is stable and supply chain is coordinated with revenue sharing mechanism, decentralized supply chain can achieve minimum optimal revenue. Coordination results have effect on short-term revenues of block chain members only. Implications and suggestions for future research in supply chain coordination are provided.

Suggested Citation

  • Yongfei Li & Bill Wang & Dong Yang, 2019. "Research on Supply Chain Coordination Based on Block Chain Technology and Customer Random Demand," Discrete Dynamics in Nature and Society, Hindawi, vol. 2019, pages 1-10, January.
    • Handle: RePEc:hin:jnddns:4769870
    DOI: 10.1155/2019/4769870
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/DDNS/2019/4769870.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/DDNS/2019/4769870.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2019/4769870?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhong, Huiling & Zhang, Fa & Gu, Yimiao, 2021. "A Stackelberg game based two-stage framework to make decisions of freight rate for container shipping lines in the emerging blockchain-based market," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 149(C).
    2. Ahmed Zainul Abideen & Jaafar Pyeman & Veera Pandiyan Kaliani Sundram & Ming-Lang Tseng & Shahryar Sorooshian, 2021. "Leveraging Capabilities of Technology into a Circular Supply Chain to Build Circular Business Models: A State-of-the-Art Systematic Review," Sustainability, MDPI, vol. 13(16), pages 1-26, August.
    3. Zhenhua Gao & Luyao Zhao & Hongjun Wang, 2022. "Supply Chain Coordination of Product and Service Bundling Based on Network Externalities," Sustainability, MDPI, vol. 14(13), pages 1-19, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnddns:4769870. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.