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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Study on Supply Chain Coordination Mechanism of Agricultural Products

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DOI: 10.25236/icidel.2017.020

Author(s)

Wujun Cao, Maling Zhou, Jinku Zhou

Corresponding Author

Wujun Cao

Abstract

This paper analyzes coordination in an agricultural supply chain with random yield and random demand. The role of revenue sharing contract in the coordination of supply chain is studied; decentralized decision models of supply chain are built under revenue sharing contract and wholesale price contract. The input decision of the supplier, the ordering decisions of the manufacturer and the profits of all parts in supply chain, are compared under two cases.It is shown that revenue sharing contract can effectively coordinate supply chain under random yield and uncertain demand.

Keywords

Supply chain of agricultural products, Revenue sharing contract, Random yield.