Supply contract design under price volatility and competition

References

• Almeida, H., M. Campello, and M. S. Weisbach. 2004. “The Cash Flow Sensitivity of Cash.” Journal of Finance 59 (4): 1777–1804.
   Web of Science ®Google Scholar
• Arnold, J., S. Minner, and B. Eidam. 2009. “Raw Material Procurement with Fluctuating Prices.” International Journal of Production Economics 121 (2): 353–364.
   Web of Science ®Google Scholar
• Bazerman, M. H., and J. J. Gillespie. 1999. “Betting on the Future: The Virtues of Contingent Contracts.” Harvard Business Review 77 (5): 155–160.
   PubMed Web of Science ®Google Scholar
• Bolandifar, E., and Z. Chen. 2015. “The Optimal Hedging Strategy for Commodity Processors in Supply Chain.” Industrial Engineering, Management Science and Applications 349: 27–34.
   Google Scholar
• Boyabatlı, O., P. R. Kleindorfer, and S. R. Koontz. 2011. “Integrating Long-term and Short-term Contracting in Beef Supply Chain.” Management Science 57 (10): 1771–1787.
   Web of Science ®Google Scholar
• Chod, J., N. Rudi, and J. A. Van Mieghem. 2010. “Operational Flexibility and Financial Hedging: Complements or Substitutes.” Management Science 56 (6): 1030–1045.
   Web of Science ®Google Scholar
• Dong, L., and H. Liu. 2007. “Equilibrium Forward Contracts on Nonstorable Commodities in the Presence of Market Power.” Operations Research 55 (1): 128–145.
   Web of Science ®Google Scholar
• Feng, B., T. Yao, and B. Jiang. 2013. “Analysis of the Market-based Adjustable Outsourcing Contract Under Uncertainties.” Production and Operations Management 22 (1): 178–188.
   Web of Science ®Google Scholar
• Fu, Q., C. Lee, and C. Teo. 2010. “Procurement Management Using Option Contracts: Random Spot Price and the Portfolio Effect.” IIE Transactions 42 (11): 793–811.
   Web of Science ®Google Scholar
• Fu, Q., S. X. Zhou, X. Chao, and C. Y. Lee. 2012. “Combined Pricing and Portfolio Option Procurement.” Production and Operations Management 21 (2): 361–377.
   Web of Science ®Google Scholar
• Goel, A., and F. Tanrisever. 2017. “Financial Hedging and Optimal Procurement Policies Under Correlated Price and Demand.” Production and Operations Management 26 (10): 1924–1945.
   Web of Science ®Google Scholar
• Guo, L. 2009. “The Benefits of Downstream Information Acquisition.” Marketing Science 28 (3): 457–471.
   Web of Science ®Google Scholar
• Haksöz, C., and S. Seshadri. 2007. “Supply Chain Operations in the Presence of Spot Market: A Review with Discussion.” Journal of the Operational Research Society 58 (11): 412–1429.
   Web of Science ®Google Scholar
• Kleindorfer, P. R., and D. J. Wu. 2003. “Integrating Long- and Short-term Contracting Via Business-to-business Exchanges for Capital-intensive Industries.” Management Science 49 (11): 1597–1615.
   Web of Science ®Google Scholar
• Li, C-L., and P. Kouvelis. 1999. “Flexible and Risk-sharing Supply Contracts Under Price Uncertainty.” Management Science 45 (10): 1378–1398.
   Web of Science ®Google Scholar
• Li, Q, B. Niu, L. K. Chu, J. Ni, and J. Wang. 2018. “Buy now and Price Later: Supply Contracts with Time-consistent Mean-variance Financial Hedging.” European Journal of Operational Research 268 (2): 582–595.
   Web of Science ®Google Scholar
• Ma, S, J. Lin, W. Xing, and X. Zhao. 2015. “Advance Booking Discount in the Presence of Spot Market.” International Journal of Production Research 53 (10): 2921–2936.
   Web of Science ®Google Scholar
• Mao, X, R. Du, and J. Wang. 2018. “Are there Any Price Links Among Four Major Meat Products in China.” Journal of Agrotechnical 10: 97–108.
   Google Scholar
• Martínez-de-Albéniz, V., and D. Simchi-Levi. 2005. “Mean-variance Trade-offs in Supply Contract.” Naval Research Logistics 53 (7): 603–616.
   Web of Science ®Google Scholar
• Merzifonluoglu, Y. 2017. “Integrated Demand and Procurement Portfolio Management with Spot Market Volatility and Option Contracts.” European Journal of Operational Research 258 (1): 181–192.
   Web of Science ®Google Scholar
• Nie, X., T. Boyaci, M. Gümüs, S. Ray, and D. Zhang. 2015. “Joint Procurement and Demand-side Bidding Strategies Under Price Volatility.” Annals of Operations Research 257 (1–2): 121–165.
   Web of Science ®Google Scholar
• Pei, P. P., D. Simchi-Levi, and T. I. Tunca. 2011. “Sourcing Flexibility, Spot Trading, and Procurement Contract Structure.” Operations Research 59 (3): 578–601.
   Web of Science ®Google Scholar
• Popescu, D. G., and S. Seshadri. 2013. “Demand Uncertainty and Excess Supply in Commodity Contracting.” Management Science 59 (9): 2135–2152.
   Web of Science ®Google Scholar
• Reiner, G., W. Jammernegg, and S. Gold. 2014. “Raw Material Procurement with Fluctuating Prices Using Speculative Inventory Under Consideration of Different Contract Types and Transport Modes.” International Journal of Production Research 52 (22): 6557–6575.
   Web of Science ®Google Scholar
• Seifert, R. W., U. W. Thonemann, and W. H. Hausman. 2004. “Optimal Procurement Strategies for Online Spot Markets.” European Journal of Operational Research 152 (3): 781–799.
   Web of Science ®Google Scholar
• Shang, W., A. Y. Ha, and S. Tong. 2016. “Information Sharing in a Supply Chain with a Common Retailer.” Management Science 62 (1): 245–263.
   Web of Science ®Google Scholar
• Van Mieghem, J. A. 2003. “Capacity Management, Investment, and Hedging: Review and Recent Developments.” Manufacturing & Service Operations Management 5 (4): 269–302.
   Google Scholar
• Wu, D. J., and P. R. Kleindorfer. 2005. “Competitive Options, Supply Chain Contracting and Electronic Markets.” Management Science 51 (3): 452–466.
   Web of Science ®Google Scholar
• Wu, D. J., P. R. Kleindorfer, and J. E. Zhang. 2002. “Optimal Bidding and Contracting Strategies for Capital-intensive Goods.” European Journal of Operational Research 137 (3): 657–676.
   Web of Science ®Google Scholar
• Xie, Z., C. S. Park, and L. Zheng. 2013. “Procurement Models Under Purchase Price Uncertainty for Chinese Oil Refineries.” International Journal of Production Research 51 (10): 2952–2968.
   Web of Science ®Google Scholar
• Xing, W., L. Liu, and S. Y. Wang. 2014. “More Than a Second Channel: Supply Chain Strategies in B2B Spot Markets.” European Journal of Operational Research 239 (3): 699–710.
   Web of Science ®Google Scholar
• Xing, W., S. Y. Wang, and L. Liu. 2012. “Optimal Ordering and Pricing Strategies in the Presence of a B2B Spot Market.” European Journal of Operational Research 221 (1): 87–98.
   Web of Science ®Google Scholar
• Xu, X., F. Chan, and C. K. Chan. 2019. “Optimal Option Purchase Decision of a Loss-averse Retailer Under Emergent Replenishment.” International Journal of Production Research 57 (4): 4594–4620.
   Google Scholar
• Xu, X., and Z. Meng. 2014. “Coordination Between a Supplier and a Retailer in Terms of Profit Concession for a Two-stage Supply Chain.” International Journal of Production Research 52 (7): 2122–2133.
   Web of Science ®Google Scholar
• Yang, J., and Y. Xia. 2009. “Acquisition Management Under Fluctuating Raw Material Prices.” Production and Operations Management 18 (2): 212–225.
   Web of Science ®Google Scholar
• Zhang, W., D. Zhou, and L. Liu. 2014. “Contracts for Changing Times: Sourcing with Raw Material Price Volatility and Information Asymmetry.” Manufacturing & Service Operations Management 16 (1): 133–148.
   Google Scholar
• Zhao, Y., T. Choi, T. C. E. Cheng, and S. Y. Wang. 2018. “Supply Option Contracts with Spot Market and Demand Information Updating.” European Journal of Operational Research 266 (3): 1062–1071.
   Web of Science ®Google Scholar
• Zhao, X., W. Xing, L. Liu, and S. Y. Wang. 2015. “Demand Information and Spot Price Information: Supply Chains Trading in Spot Markets.” European Journal of Operational Research 246 (3): 837–849.
   Web of Science ®Google Scholar