This paper develops a digital supply chain game, modeling marketing and operation interactions between members. The main novelty of the paper concerns a comparison between static and dynamic solutions of the supply chain game achieved when moving from traditional to digital platforms. Therefore, this study proposes centralized and decentralized versions of the game, comparing their solutions under static and dynamic settings. Moreover, it investigates the decentralized supply chain by evaluating two smart contracts: Revenue sharing and wholesale price contracts. In both cases, the firms use an artificial intelligence system to determine the optimal contract parameters. Numerical and qualitative analyses are used for comparing configurations (centralized, decentralized), settings (static, dynamic), and contract schemes (revenue sharing contract, wholesale price contract). The findings identify the conditions under which smart revenue sharing mechanisms are worth applying.

Digital supply chain through dynamic inventory and smart contracts / De Giovanni, Pietro. - In: MATHEMATICS. - ISSN 2227-7390. - 7:12(2019), pp. 1235-1255. [10.3390/MATH7121235]

Digital supply chain through dynamic inventory and smart contracts

de Giovanni P.
2019

Abstract

This paper develops a digital supply chain game, modeling marketing and operation interactions between members. The main novelty of the paper concerns a comparison between static and dynamic solutions of the supply chain game achieved when moving from traditional to digital platforms. Therefore, this study proposes centralized and decentralized versions of the game, comparing their solutions under static and dynamic settings. Moreover, it investigates the decentralized supply chain by evaluating two smart contracts: Revenue sharing and wholesale price contracts. In both cases, the firms use an artificial intelligence system to determine the optimal contract parameters. Numerical and qualitative analyses are used for comparing configurations (centralized, decentralized), settings (static, dynamic), and contract schemes (revenue sharing contract, wholesale price contract). The findings identify the conditions under which smart revenue sharing mechanisms are worth applying.
Digital supply chain; Dynamic inventory; Revenue sharing contract; Smart contracts
Digital supply chain through dynamic inventory and smart contracts / De Giovanni, Pietro. - In: MATHEMATICS. - ISSN 2227-7390. - 7:12(2019), pp. 1235-1255. [10.3390/MATH7121235]
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/199693
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