E-channel management under vendor-managed inventory by option and conventional contracts: the influence of outsourcing decisions

References

• Souiden N, Ladhari R, Chiadmi N-E. New trends in retailing and services. J Retailing Consum Serv. 2019;50:286–288. doi: 10.1016/j.jretconser.2018.07.023
   Web of Science ®Google Scholar
• Pu X, Zhang S, Ji B, et al. Online channel strategies under different offline channel power structures. J Retailing Consum Serv. 2021;60:102479. doi: 10.1016/j.jretconser.2021.102479
   Web of Science ®Google Scholar
• Moisander J, Närvänen E, Valtonen A. Interpretive marketing research: using ethnography in strategic market development, marketing management. Routledge; 2020.
   Google Scholar
• Thaichon P, Lobo A, Prentice C, et al. The development of service quality dimensions for internet service providers: retaining customers of different usage patterns. J Retailing Consum Serv. 2014;21(6):1047–1058. doi: 10.1016/j.jretconser.2014.06.006
   Google Scholar
• Nanda A, Xu Y, Zhang F. How would the COVID-19 pandemic reshape retail real estate and high streets through acceleration of E-commerce and digitalization? J Urban Manage. 2021;10(2):110–124. doi: 10.1016/j.jum.2021.04.001
   Web of Science ®Google Scholar
• Ratnasari I, Siregar S, Maulana A. How to build consumer trust towards e-satisfaction in e-commerce sites in the COVID-19 pandemic time? Int J Data Netw Sci. 2021;5:127–134. doi: 10.5267/j.ijdns.2021.2.001
   Google Scholar
• Nicola M, Alsafi Z, Sohrabi C, et al. The socio-economic implications of the coronavirus pandemic (COVID-19): a review. Int J Surg. 2020;78:185–193. doi: 10.1016/j.ijsu.2020.04.018
   PubMed Web of Science ®Google Scholar
• He Y, Wang H, Guo Q, et al. Coordination through cooperative advertising in a two-period consumer electronics supply chain. J Retailing Consum Serv. 2019;50:179–188. doi: 10.1016/j.jretconser.2019.05.010
   Web of Science ®Google Scholar
• Cluley R, Green W, Owen R. The changing role of the marketing researcher in the age of digital technology: practitioner perspectives on the digitization of marketing research. Int J Market Res. 2020;62(1):27–42. doi: 10.1177/1470785319865129
   Web of Science ®Google Scholar
• Behera RK, Gunasekaran A, Gupta S, et al. Personalized digital marketing recommender engine. J Retailing Consum Serv. 2020;53:101799. doi: 10.1016/j.jretconser.2019.03.026
   Web of Science ®Google Scholar
• Widodo E, Januardi. Noncooperative game theory in response surface methodology decision of pricing strategy in dual-channel supply chain. J Ind Prod Eng. 2021;38(2):89–97. doi: 10.1080/21681015.2020.1848932
   Web of Science ®Google Scholar
• Financial Times. Prospering in the pandemic: the top 100 companies [internet]. 2020 [cited 2024 Jan 4], Available from: https://www.ft.com/content/844ed28c-8074-4856-bde0-20f3bf4cd8f0.
   Google Scholar
• Nisar TM, Prabhakar G. What factors determine e-satisfaction and consumer spending in e-commerce retailing? J Retailing Consum Serv. 2017;39:135–144. doi: 10.1016/j.jretconser.2017.07.010
   Web of Science ®Google Scholar
• Jiang D, Li X, Aneja YP, et al. Integrating order delivery and return operations for order fulfillment in an online retail environment. Comput Oper Res. 2022;143:105749. doi: 10.1016/j.cor.2022.105749
   Web of Science ®Google Scholar
• Wang X, Ng CT. New retail versus traditional retail in e-commerce: channel establishment, price competition, and consumer recognition. Ann Oper Res. 2020;291(1–2):921–937. doi: 10.1007/s10479-018-2994-9
   Web of Science ®Google Scholar
• Retail Insight. Find out how retail insight takes retail data and turns it into action [internet]. 2023 [cited 2024 Jan 4]. Available from: https://www.retailinsight.io/resources/case-studies/crossmark.
   Google Scholar
• CB Insights. Here’s a list of 154 bankruptcies in the retail apocalypse – and why they failed [internet]. 2023 [cited 2024 Jan 4]. Available from: https://www.cbinsights.com/research/retail-apocalypse-timeline-infographic/.
   Google Scholar
• Cai J, Zhong M, Shang J, et al. Coordinating VMI supply chain under yield uncertainty: option contract, subsidy contract, and replenishment tactic. Int J Prod Econ. 2017;185:196–210. doi: 10.1016/j.ijpe.2016.12.032
   Web of Science ®Google Scholar
• D.F.C.I.C.J.A.F.H.W.a. Albuquerque Journal. Virgin galactic ‘on track’ for spaceflights by year-end.
   Google Scholar
• Lin Y, Luo J, Cai S, et al. Exploring the service quality in the e-commerce context: a triadic view. Industrial Management & Data Systems; 2016.
   Google Scholar
• West J. Getting better value out of global value chains, Asian century … on a knife-edge. Springer; 2018.
   Google Scholar
• ShipBob. 5 profitable ecommerce companies that use 3PLs [internet]. 2019 [cited 2024 Jan 4]. Available from: https://www.shipbob.com/blog/companies-that-use-3pl/.
   Google Scholar
• Heydari J, Bakhshi A. Contracts between an e-retailer and a third party logistics provider to expand home delivery capacity. Comput Ind Eng. 2022;163:107763. doi: 10.1016/j.cie.2021.107763
   Web of Science ®Google Scholar
• Wang X. Foreign direct investment and innovation in China’s e-commerce sector. J Asian Econ. 2012;23:288–301. doi: 10.1016/j.asieco.2010.11.007
   Google Scholar
• Yan B, Chen X, Cai C, et al. Supply chain coordination of fresh agricultural products based on consumer behavior. Comput Oper Res. 2020;123:105038. doi: 10.1016/j.cor.2020.105038
   Web of Science ®Google Scholar
• Hanna RC, Lemon KN, Smith GE. Is transparency a good thing? How online price transparency and variability can benefit firms and influence consumer decision making. Bus Horiz. 2019;62(2):227–236. doi: 10.1016/j.bushor.2018.11.006
   Web of Science ®Google Scholar
• Wang S, Choi S. Decision analysis for the emission-limited manufacturer with option contracts under demand uncertainty. J Clean Prod. 2020;258:120712. doi: 10.1016/j.jclepro.2020.120712
   Web of Science ®Google Scholar
• Chen X, Wan N, Wang X. Flexibility and coordination in a supply chain with bidirectional option contracts and service requirement. Int J Prod Econ. 2017;193:183–192. doi: 10.1016/j.ijpe.2017.07.013
   Web of Science ®Google Scholar
• John L, Gurumurthy A, Mateen A, et al. Improving the coordination in the humanitarian supply chain: exploring the role of options contract. Ann Oper Res. 2020;319(1):1–26. doi: 10.1007/s10479-020-03778-3
   Google Scholar
• Luo J, Chen X, Wang C, et al. Bidirectional options in random yield supply chains with demand and spot price uncertainty. Ann Oper Res. 2021;302(1):211–230. doi: 10.1007/s10479-021-03986-5
   Web of Science ®Google Scholar
• Cai J, Zhou Q, Sun J, et al. Competition model and coordination mechanism considering strategic customer behavior under vendor‐managed inventory. Int Trans Oper Res. 2021;28(5):2782–2809. doi: 10.1111/itor.12689
   Web of Science ®Google Scholar
• Pratap S, Jauhar SK, Daultani Y, et al. Benchmarking sustainable E‐commerce enterprises based on evolving customer expectations amidst COVID‐19 pandemic, business strategy and the environment. Business Strat Environ. 2022;32(1):736–752. doi: 10.1002/bse.3172
   Web of Science ®Google Scholar
• You can now purchase your iPhone without a reservation [internet]. 2024 [cited 2024 Jan 4]. Available from: https://reserve-prime.apple.com/GB/en_GB/reserve/A/availability?&iUP=E&appleCare=N.
   Google Scholar
• Li J-C, Zhou Y-W, Huang W. Production and procurement strategies for seasonal product supply chain under yield uncertainty with commitment-option contracts. Int J Prod Econ. 2017;183:208–222. doi: 10.1016/j.ijpe.2016.10.019
   Web of Science ®Google Scholar
• Cai J, Hu X, Han Y, et al. Supply chain coordination with an option contract under vendor‐managed inventory. Int Trans Oper Res. 2016;23(6):1163–1183. doi: 10.1111/itor.12172
   Web of Science ®Google Scholar
• Xu J, Feng G, Chin K-S, et al. Supply chain decisions and coordination in the presence of an imperfect spot market. J Manag Sci Eng. 2023;8(1):32–48. doi: 10.1016/j.jmse.2022.06.003
   Google Scholar
• Pakdel Mehrabani R, Seifi A. The impact of customers’ channel preference on pricing decisions in a dual channel supply chain with a dominant retailer. J Ind Prod Eng. 2021;38(8):599–617. doi: 10.1080/21681015.2021.1951855
   Web of Science ®Google Scholar
• Oghazi P, Karlsson S, Hellström D, et al. Online purchase return policy leniency and purchase decision: mediating role of consumer trust. J Retailing Consum Serv. 2018;41:190–200. doi: 10.1016/j.jretconser.2017.12.007
   Web of Science ®Google Scholar
• Shao B, Cheng Z, Wan L, et al. The impact of cross border E-tailer’s return policy on consumer’s purchase intention. J Retailing Consum Serv. 2021;59:102367. doi: 10.1016/j.jretconser.2020.102367
   Web of Science ®Google Scholar
• Son JY, Enstroem R. On joint effects of return policy coordination and retail competition. Int J Logist. 2021;24(2):152–173. doi: 10.1080/13675567.2020.1741524
   Web of Science ®Google Scholar
• Fan Z-P, Chen Z. When should the e-tailer offer complimentary return-freight insurance? Int J Prod Econ. 2020;230:107890. doi: 10.1016/j.ijpe.2020.107890
   Web of Science ®Google Scholar
• Hasiloglu M, Kaya O. An analysis of price, service and commission rate decisions in online sales made through E-commerce platforms. Comput Ind Eng. 2021;162:107688. doi: 10.1016/j.cie.2021.107688
   Web of Science ®Google Scholar
• Shi Y, Yang Z, Yan H, et al. Delivery efficiency and supplier performance evaluation in China’s E-retailing industry. J Syst Sci Complex. 2017;30(2):392–410. doi: 10.1007/s11424-017-5007-6
   Web of Science ®Google Scholar
• Qin X, Liu Z, Tian L. The optimal combination between selling mode and logistics service strategy in an e-commerce market. Eur J Oper Res. 2021;289(2):639–651. doi: 10.1016/j.ejor.2020.07.029
   Web of Science ®Google Scholar
• Pei Z, Yan R. Cooperative behavior and information sharing in the e-commerce age. Ind Marketing Manage. 2019;76:12–22. doi: 10.1016/j.indmarman.2018.06.013
   Web of Science ®Google Scholar
• Xie L, Ma J, Goh M. Supply chain coordination in the presence of uncertain yield and demand. Int J P Res. 2021;59(14):4342–4358. doi: 10.1080/00207543.2020.1762942
   Web of Science ®Google Scholar
• He B, Yang Y. Mitigating supply risk: an approach with quantity flexibility procurement. Ann Oper Res. 2018;271(2):599–617. doi: 10.1007/s10479-018-2840-0
   Web of Science ®Google Scholar
• Lu B, Chen Z. Live streaming commerce and consumers’ purchase intention: an uncertainty reduction perspective. Inf Manage. 2021;58(7):103509. doi: 10.1016/j.im.2021.103509
   Web of Science ®Google Scholar
• Wang Y, Fan R, Shen L, et al. Decisions and coordination of green e-commerce supply chain considering green manufacturer’s fairness concerns. Int J P Res. 2020;58(24):7471–7489. doi: 10.1080/00207543.2020.1765040
   Web of Science ®Google Scholar
• Salami MS, Eslamipirharati M, Bakhshi A, et al. Does a buyback contract coordinate a reverse supply chain facing remanufacturing capacity disruption and returned product quality uncertainty? Sustainability. 2022;14(23):15939. doi: 10.3390/su142315939
   Web of Science ®Google Scholar
• Heydari J, Bakhshi A, Nikoofal ME. Coping with an unreliable supplier: an option contract with a backup supplier. Int Trans Oper Res. 2023. doi: 10.1111/itor.13280
   Web of Science ®Google Scholar
• Sadeghi J, Sadeghi S, Niaki STA. A hybrid vendor managed inventory and redundancy allocation optimization problem in supply chain management: an NSGA-II with tuned parameters. Comput Oper Res. 2014;41:53–64. doi: 10.1016/j.cor.2013.07.024
   Web of Science ®Google Scholar
• Hong X, Chunyuan W, Xu L, et al. Multiple-vendor, multiple-retailer based vendor-managed inventory. Ann Oper Res. 2016;238(1–2):277–297. doi: 10.1007/s10479-015-2040-0
   Web of Science ®Google Scholar
• Ru J, Shi R, Zhang J. When does a supply chain member benefit from vendor‐managed inventory? Prod Oper Manage. 2018;27(5):807–821. doi: 10.1111/poms.12828
   Web of Science ®Google Scholar
• Zhao X, Si D, Zhu W, et al. Behaviors and performance improvement in a vendor‐managed inventory program: an experimental study. Prod Oper Manage. 2019;28(7):1818–1836. doi: 10.1111/poms.13006
   Web of Science ®Google Scholar
• Lee J-Y, Cho RK. Optimal (z, Z)-type contracts for vendor-managed inventory. Int J Prod Econ. 2018;202:32–44. doi: 10.1016/j.ijpe.2018.05.011
   Web of Science ®Google Scholar
• Lee J-Y, Cho RK, Paik S-K. Supply chain coordination in vendor-managed inventory systems with stockout-cost sharing under limited storage capacity. Eur J Oper Res. 2016;248(1):95–106. doi: 10.1016/j.ejor.2015.06.080
   Web of Science ®Google Scholar
• Taleizadeh AA, Shokr I, Konstantaras I, et al. Stock replenishment policies for a vendor-managed inventory in a retailing system. J Retailing Consum Serv. 2020;55:102137. doi: 10.1016/j.jretconser.2020.102137
   Web of Science ®Google Scholar
• Bieniek M. The ubiquitous nature of inventory: Vendor managed consignment inventory in adverse market conditions. Eur J Oper Res. 2021;291(2):411–420. doi: 10.1016/j.ejor.2019.07.070
   Web of Science ®Google Scholar
• Xu K, Yin R, Dong Y. Stockout recovery under consignment: the role of inventory ownership in supply chains. Decis Sci. 2016;47(1):94–124. doi: 10.1111/deci.12198
   Web of Science ®Google Scholar
• Guan R, Zhao X. On contracts for VMI program with continuous review (r, Q) policy. Eur J Oper Res. 2010;207(2):656–667. doi: 10.1016/j.ejor.2010.04.037
   Web of Science ®Google Scholar
• Chakraborty A, Chatterjee AK, Mateen A. A vendor-managed inventory scheme as a supply chain coordination mechanism. Int J P Res. 2015;53(1):13–24. doi: 10.1080/00207543.2014.921350
   Web of Science ®Google Scholar
• De Giovanni P. Smart supply chains with vendor managed inventory, coordination, and environmental performance. Eur J Oper Res. 2021;292(2):515–531. doi: 10.1016/j.ejor.2020.10.049
   Web of Science ®Google Scholar
• Bai Q, Jin M, Xu X. Effects of carbon emission reduction on supply chain coordination with vendor-managed deteriorating product inventory. Int J Prod Econ. 2019;208:83–99. doi: 10.1016/j.ijpe.2018.11.008
   Web of Science ®Google Scholar
• Phan DA, Vo TLH, Lai AN, et al. Coordinating contracts for VMI systems under manufacturer-CSR and retailer-marketing efforts. Int J Prod Econ. 2019;211:98–118. doi: 10.1016/j.ijpe.2019.01.022
   Web of Science ®Google Scholar
• Ponce D, Contreras I, Laporte G. E-commerce shipping through a third-party supply chain, transportation research part E. Transp Res E Logist Transp Rev. 2020;140:101970. doi: 10.1016/j.tre.2020.101970
   Web of Science ®Google Scholar
• Ren D, Guo R, Lan Y, et al. Shareholding strategies for selling green products on online platforms in a two-echelon supply chain, transportation research part E. Transp Res E Logist Transp Rev. 2021;149:102261. doi: 10.1016/j.tre.2021.102261
   Web of Science ®Google Scholar
• Sun Y, Wang Z, Yan S, et al. Digital showroom strategies for dual-channel supply chains in the presence of consumer webrooming behavior. Ann Oper Res. 2022;329(1–2):1–40. doi: 10.1007/s10479-021-04475-5
   Web of Science ®Google Scholar
• Chen Z, Liu F. Multi-outsourcing supply chain coordination under yield and demand uncertainties. Expert Syst Appl. 2021;181:115177. doi: 10.1016/j.eswa.2021.115177
   Web of Science ®Google Scholar
• Lou Y, Feng L, He S, et al. Logistics service outsourcing choices in a retailer-led supply chain, transportation research part E. Logist Transp Rev. 2020;141:101944. doi: 10.1016/j.tre.2020.101944
   Web of Science ®Google Scholar
• Joshi S, Luong HT. A two-stage capacity reservation contract model with backup sourcing considering supply side disruptions. J Ind Prod Eng. 2023;41(1):1–21. doi: 10.1080/21681015.2023.2264288
   Web of Science ®Google Scholar
• Abedsoltan H, Taleizadeh AA, Sarker RB. Optimal production of remanufactured products with collaboration and co-branding of luxury brands. Comput Ind Eng. 2022;172:108533. doi: 10.1016/j.cie.2022.108533
   Web of Science ®Google Scholar
• Premkumar P, Gopinath S, Mateen A. Trends in third party logistics – the past, the present & the future. Int J Logist. 2021;24(6):551–580. doi: 10.1080/13675567.2020.1782863
   Web of Science ®Google Scholar
• Weraikat D, Zanjani MK, Lehoux N. Improving sustainability in a two-level pharmaceutical supply chain through vendor-managed inventory system. Oper Res Health Care. 2019;21:44–55. doi: 10.1016/j.orhc.2019.04.004
   Web of Science ®Google Scholar
• Nosoohi I, Nookabadi AS. Outsource planning through option contracts with demand and cost uncertainty. Eur J Oper Res. 2016;250(1):131–142. doi: 10.1016/j.ejor.2015.10.030
   Web of Science ®Google Scholar
• Torabi SA. An option contract for vaccine procurement using the SIR epidemic model. Eur J Oper Res. 2018;267(3):1122–1140. doi: 10.1016/j.ejor.2017.12.013
   Web of Science ®Google Scholar
• Heydari J, Govindan K, Nasab HRE, et al. Coordination by quantity flexibility contract in a two-echelon supply chain system: effect of outsourcing decisions. Int J Prod Econ. 2020;225:107586. doi: 10.1016/j.ijpe.2019.107586
   Web of Science ®Google Scholar
• Inderfurth K, Clemens J. Supply chain coordination by risk sharing contracts under random production yield and deterministic demand. OR Spectr. 2014;36(2):525–556. doi: 10.1007/s00291-012-0314-3
   Web of Science ®Google Scholar
• Zhao Y, Choi T-M, Cheng TE, et al. Supply option contracts with spot market and demand information updating. Eur J Oper Res. 2018;266(3):1062–1071. doi: 10.1016/j.ejor.2017.11.001
   Web of Science ®Google Scholar
• Biswas I, Avittathur B. Channel coordination using options contract under simultaneous price and inventory competition. Transp Res E Logist Transp Rev. 2019;123:45–60. doi: 10.1016/j.tre.2019.01.010
   Web of Science ®Google Scholar
• Xiao T, Xu T. Coordinating price and service level decisions for a supply chain with deteriorating item under vendor managed inventory. Int J Prod Econ. 2013;145(2):743–752. doi: 10.1016/j.ijpe.2013.06.004
   Web of Science ®Google Scholar
• Dehghan-Bonari M, Bakhshi A, Aghsami A, et al. Green supply chain management through call option contract and revenue-sharing contract to cope with demand uncertainty. Cleaner Logist Supply Chain. 2021;2:100010. doi: 10.1016/j.clscn.2021.100010
   Google Scholar
• Wang C, Chen J, Chen X. The impact of customer returns and bidirectional option contract on refund price and order decisions. Eur J Oper Res. 2019;274(1):267–279. doi: 10.1016/j.ejor.2018.09.023
   Web of Science ®Google Scholar
• Bakhshi A, Heydari J. An optimal put option contract for a reverse supply chain: case of remanufacturing capacity uncertainty. Ann Oper Res. 2021;324(1–2):1–24. doi: 10.1007/s10479-021-04050-y
   Web of Science ®Google Scholar
• Hu B, Qu J, Meng C. Supply chain coordination under option contracts with joint pricing under price-dependent demand. Int J Prod Econ. 2018;205:74–86. doi: 10.1016/j.ijpe.2018.08.033
   Web of Science ®Google Scholar
• Wang X, Li F, Liang L, et al. Pre-purchasing with option contract and coordination in a relief supply chain. Int J Prod Econ. 2015;167:170–176. doi: 10.1016/j.ijpe.2015.05.031
   Web of Science ®Google Scholar
• How Has Huawei Been Able to Overcome the Uncertainty of the Past Year? [Internet]. 2020 [cited 2024 Jan 4]. Available from: https://e.huawei.com/br/blogs/services/2020/huawei-overcome-the-uncertainty.
   Google Scholar
• Mckinsey & Company. How Chinese airlines can brace for impending turbulence [internet]. 2019 [cited 2024 Jan 4]. Available from: https://www.mckinsey.com/industries/travel-logistics-and-infrastructure/our-insights/how-chinese-airlines-can-brace-for-impending-turbulence.
   Google Scholar
• W.I. Chinese companies are moving supply chains out of China to manage risks, Malaysia and Indonesia benefiting [Internet]. 2022[cited 2024 Jan 4]. Available from: https://www.scmp.com/news/asia/south-asia/article/3218025/chinese-companies-are-moving-supply-chains-out-china-manage-risks-india-malaysia-and-indonesia.
   Google Scholar
• Gómez-Padilla A, González-Ramírez RG, Alarcón F, et al. An option contract model for leasing containers in the shipping industry. Marit Econ Logist. 2021;23(2):328–347. doi: 10.1057/s41278-020-00167-2
   Web of Science ®Google Scholar
• Chen X, Shen Z-J. An analysis of a supply chain with options contracts and service requirements. IIE Trans. 2012;44(10):805–819. doi: 10.1080/0740817X.2011.649383
   Web of Science ®Google Scholar
• Tang SY, Kouvelis P. Pay‐back‐revenue‐sharing contract in coordinating supply chains with random yield. Prod Oper Manage. 2014;23(12):2089–2102. doi: 10.1111/poms.12240
   Web of Science ®Google Scholar