Study on Supply Chain Coordination Mechanism of Agricultural Products
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Wujun Cao, Maling Zhou, Jinku Zhou
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.
Supply chain of agricultural products, Revenue sharing contract, Random yield.