In order to combat illegal logging and associated trade and promote sustainable forest management, major developed countries, including France, have implemented green procurement policy for forest products. This paper...In order to combat illegal logging and associated trade and promote sustainable forest management, major developed countries, including France, have implemented green procurement policy for forest products. This paper described the background of why France implements green procurement policy for forest products, analyzed the basic content of the policy, and made a comprehensive assessment of the impact of green procurement policy on suppliers, processors, eco-environment and competitiveness of forest products. Finally, with the experiences from French implementation of the green procurement policy for forest products, the paper put forward policy recommendations for China to implement green procurement policy for forest products.展开更多
In this paper, the optimal policy is considered when the buyer faces two supply sources： one is the contract supplier from which the buyer orders over a specific contract period （say, a year） at a pre-agreed price,...In this paper, the optimal policy is considered when the buyer faces two supply sources： one is the contract supplier from which the buyer orders over a specific contract period （say, a year） at a pre-agreed price, and the other is the spot market. However, when ordering from the contract supplier, the buyer must fulfill a pre-determined total order quantity, or the so-called definite total order quantity commitment, over the whole contract period. In other words, the commitment secures the buyer a fixed price but obliges him/her a total order quantity over the contract period. Although the spot market gives the buyer more flexibility in terms of order quantities, its prices are volatile. Such a combination of contract and spot procurements is often observed in practice. Within the contract period, there are multiple sub-periods, during each of which the buyer reviews the inventory, issues an individual order, and uses the on-hand inventory to meet the random demand. Thus, in each （ordering） period, the buyer will weigh between the current known spot price （by procuring from the spot market） and a lower future price （by waiting while consuming the remaining commitment）. An optimal dual ordering policy is characterized for each period, depending on the on-hand inventory level, the spot price, and the remaining commitment quantity. The optimal policy in each period is also shown to be independent of the contract price. Through a numerical study, the inventory cost is demonstrated to be （1） insensitive to the contract price when the total commitment quantity is lower than the total expected demand over the contract period and （2） non-increasing in the variability of spot prices.展开更多
基金Research Project on Public-Service-Based Forestry Sector (200904005)National Soft Scientific Research Plan (2009GXS5B081)
文摘In order to combat illegal logging and associated trade and promote sustainable forest management, major developed countries, including France, have implemented green procurement policy for forest products. This paper described the background of why France implements green procurement policy for forest products, analyzed the basic content of the policy, and made a comprehensive assessment of the impact of green procurement policy on suppliers, processors, eco-environment and competitiveness of forest products. Finally, with the experiences from French implementation of the green procurement policy for forest products, the paper put forward policy recommendations for China to implement green procurement policy for forest products.
基金support from Hong Kong RGC Grant No: 2150518/410907support from NSFC projects under Grant Nos. 70725001,70821001 and 71090401/71090400
文摘In this paper, the optimal policy is considered when the buyer faces two supply sources： one is the contract supplier from which the buyer orders over a specific contract period （say, a year） at a pre-agreed price, and the other is the spot market. However, when ordering from the contract supplier, the buyer must fulfill a pre-determined total order quantity, or the so-called definite total order quantity commitment, over the whole contract period. In other words, the commitment secures the buyer a fixed price but obliges him/her a total order quantity over the contract period. Although the spot market gives the buyer more flexibility in terms of order quantities, its prices are volatile. Such a combination of contract and spot procurements is often observed in practice. Within the contract period, there are multiple sub-periods, during each of which the buyer reviews the inventory, issues an individual order, and uses the on-hand inventory to meet the random demand. Thus, in each （ordering） period, the buyer will weigh between the current known spot price （by procuring from the spot market） and a lower future price （by waiting while consuming the remaining commitment）. An optimal dual ordering policy is characterized for each period, depending on the on-hand inventory level, the spot price, and the remaining commitment quantity. The optimal policy in each period is also shown to be independent of the contract price. Through a numerical study, the inventory cost is demonstrated to be （1） insensitive to the contract price when the total commitment quantity is lower than the total expected demand over the contract period and （2） non-increasing in the variability of spot prices.
