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

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aut.relation.articlenumberID 4769870en_NZ
aut.relation.endpage10
aut.relation.issue1en_NZ
aut.relation.journalDiscrete Dynamics in Nature and Societyen_NZ
aut.relation.pages10
aut.relation.startpage1
aut.relation.volume2019en_NZ
aut.researcherWang, Bin
dc.contributor.authorLi, Yen_NZ
dc.contributor.authorWang, Ben_NZ
dc.contributor.authorYang, Den_NZ
dc.date.accessioned2019-03-04T02:34:09Z
dc.date.available2019-03-04T02:34:09Z
dc.date.copyright2019-01-20en_NZ
dc.date.issued2019-01-20en_NZ
dc.description.abstractBased 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.
dc.identifier.citationDiscrete Dynamics in Nature and Society, Volume 2019, Article ID 4769870, 10 pages, https://doi.org/10.1155/2019/4769870
dc.identifier.doi10.1155/2019/4769870en_NZ
dc.identifier.issn1026-0226en_NZ
dc.identifier.urihttps://hdl.handle.net/10292/12303
dc.publisherHindawi Publishing Corporationen_NZ
dc.relation.urihttps://www.hindawi.com/journals/ddns/2019/4769870/
dc.rights© 2019 Yongfei Li et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
dc.rights.accessrightsOpenAccessen_NZ
dc.titleResearch on Supply Chain Coordination Based on Block Chain Technology and Customer Random Demanden_NZ
dc.typeJournal Article
pubs.elements-id352534
pubs.organisational-data/AUT
pubs.organisational-data/AUT/Faculty of Business, Economics and Law
pubs.organisational-data/AUT/Faculty of Business, Economics and Law/Business Information Systems
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