Coordinating forward and reverse flows of products for a manufacturer-retailer supply chain model

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2005-01-01
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Li, Jie
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Min, K. Jo
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Industrial and Manufacturing Systems Engineering
The Department of Industrial and Manufacturing Systems Engineering teaches the design, analysis, and improvement of the systems and processes in manufacturing, consulting, and service industries by application of the principles of engineering. The Department of General Engineering was formed in 1929. In 1956 its name changed to Department of Industrial Engineering. In 1989 its name changed to the Department of Industrial and Manufacturing Systems Engineering.
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In this paper, we formulate and analyze a manufacturer-retailer supply chain model with product remanufacturing. This model takes into account both forward flow of the new product as well as reverse flow of the used product. Specifically, we assume that the manufacturer can control the wholesale price of the new product as well the transfer price of the used product from the retailer while the retailer can control the retail price of the new product and the collecting price of the used product. Under this assumption, we compare and contrast the coordinated scenario vs. the uncoordinated scenario. Managerial insights and a numerical example are illustrated.

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This proceeding is published as Li, Jie, and K. Jo Min. "Coordinating forward and reverse flows of products for a manufacturer-retailer supply chain model." In Proceedings of the 2005 IIE Annual Conference and Exposition. May 14-18, 2005, Atlanta, Georgia. Posted with permission.

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Sat Jan 01 00:00:00 UTC 2005