Prof. Biying Shou
City University of Hong Kong
Talk:
Managing supply uncertainty under chain-to-chain competition
Abstract:
We study the competition of two supply chains with supply uncertainty. We examine the supply chain decisions at three different levels. At the operational level, we show that retailer should order more (less) if its competing retailer has a less (more) reliable supply. At the design level, we consider two types of contracts and characterize the optimal terms. At the strategic level, we show that supply chain coordination is a dominant strategy. Nevertheless, if supply risk is low, coordination could decrease supply chain profit, which results in a prisoner's dilemma; If supply risk is high, coordination increases supply chain profit.
Biography:
Biying Shou is an Assistant Professor of Management Sciences at City University of Hong Kong. She received B.E. from Tsinghua University and M.S. and Ph.D. from Northwestern University. She also had work experience from telecommunications, automobile, and consulting industries. Her main research interests include operations & supply chain management and network economics.
