Coordination of Supply Chain under Blockchain System-Based Product Lifecycle Information Sharing Effort
Joint Authors
Hayrutdinov, Saidjahon
Saeed, Mahmoud S. R.
Rajapov, Azamat
Source
Journal of Advanced Transportation
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-02-08
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
The study proposes a supply chain contractual coordination model based on the product lifecycle information sharing effort and consumers' price sensitivity to a product with the Blockchain system.
This paper examined the following five scenarios: (1) centralized supply chain with Blockchain system-based product lifecycle information sharing investment; (2) Stackelberg leader retailer processed and invested Blockchain system scenario; (3) retailer processed the Blockchain system cost-sharing scenario; (4) retailer processed Blockchain system investment through bargaining the revenue-sharing model; (5) Blockchain system investment under the cost and revenue-sharing contract.
The study used the game theory reverse induction method to compare the Nash equilibrium solutions under different decision-making scenarios and discussed the chain member’s constraint condition of Blockchain system investment.
We simulated and analysed the products’ lifecycle information sharing effort cost factor, the influence of price sensitivity coefficient, and expected profits of the supplier and retailer.
The study results show that the product lifecycle information sharing effort under the Blockchain system increases the profit of the whole chain and decreases with the increase of customer’s price sensitivity coefficient.
American Psychological Association (APA)
Hayrutdinov, Saidjahon& Saeed, Mahmoud S. R.& Rajapov, Azamat. 2020. Coordination of Supply Chain under Blockchain System-Based Product Lifecycle Information Sharing Effort. Journal of Advanced Transportation،Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1175763
Modern Language Association (MLA)
Hayrutdinov, Saidjahon…[et al.]. Coordination of Supply Chain under Blockchain System-Based Product Lifecycle Information Sharing Effort. Journal of Advanced Transportation No. 2020 (2020), pp.1-10.
https://search.emarefa.net/detail/BIM-1175763
American Medical Association (AMA)
Hayrutdinov, Saidjahon& Saeed, Mahmoud S. R.& Rajapov, Azamat. Coordination of Supply Chain under Blockchain System-Based Product Lifecycle Information Sharing Effort. Journal of Advanced Transportation. 2020. Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1175763
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1175763