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Relational Supply Contracts

Name: Relational Supply Contracts
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 9783642027901
Price: 245.82 PLN
Availability: InStock

Optimal Concessions in Return Policies for Continuous Quality Improvements

Autor: Michaela Isabel Höhn

Język:

Oprawa: Miękka

Wydawca: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Dostępność: Dostępna u dostawcy w małych ilościach

Wysyłamy za 13-18 dni

245.82 zł

Supply relations are often governed by so-called relational contracts. These are informal agreements...

Informacje o książce

Autor

Michaela Isabel Höhn

Język

Angielski

Oprawa

Książka - Miękka

Data wydania

2009

strony

124

EAN

9783642027901

ISBN

3642027903

Enbook ID

01650053

Wydawca

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Waga

460

Wymiary

155 x 235 x 8

Pełny opis

Supply relations are often governed by so-called relational contracts. These are informal agreements sustained by the value of future cooperation. Although relational contracts persist in practice, research on these types of contract is only emerging in Operations and Supply Chain Management. This book studies a two-firm supply chain, where repeated transactions via well-established supply contracts and continued quality-improvement efforts are governed by a relational contract. We are able to characterize an optimal relational contract, i.e., to develop policies for supplier and buyer that structure investments in quality and flexibility in a way that no other self-enforcing contract generates higher expected joint surplus. A second goal is to compare the performance of different returns mechanisms in the context of relational contracting (quantity flexibility and buy-back contracts). Industry studies motivate the presented model.

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Relational Supply Contracts

Optimal Concessions in Return Policies for Continuous Quality Improvements

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