Abstract
Faced with uncertainty, researchers have explored concepts such as robustness, flexibility, information structure, options, and market power for supply chain management. Despite many influential findings, such as the presence of the bullwhip effect and channel power, the literature in supply chain management is a bit confusing with regard to these concepts, including how they are related to each other. In light of this, we discuss the meaning of the terms in a supply chain management context. We indicate what questions are at stake and some pitfalls to be aware of if the phenomenon we are concerned about is affected by strategic players. This paper is modelling focused.
Original language | English |
---|---|
Pages (from-to) | 284-288 |
Number of pages | 5 |
Journal | International Journal of Production Economics |
Volume | 134 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Dec 2011 |
Keywords
- Flexibility
- Information
- Market power
- Options
- Risk
- Robustness
- Stages
- Supply chain management
ASJC Scopus subject areas
- Industrial and Manufacturing Engineering
- General Business,Management and Accounting
- Management Science and Operations Research
- Economics and Econometrics