This paper considers the supplier investment decision-making problem in a supply chain consisting of an original equipment manufacturer(OEM),a global supplier,and a local supplier.To reduce dependence on global suppli...This paper considers the supplier investment decision-making problem in a supply chain consisting of an original equipment manufacturer(OEM),a global supplier,and a local supplier.To reduce dependence on global suppliers and improve supply stability,we develop a differential game model to investigate the optimal investment decisions of the OEM towards the local supplier under different risk scenarios and the impact of different risks on the optimal decisions.The results show that investment efficiency and risks have a significant impact on OEM investment decisions.Specifically,when the OEM has higher investment efficiency,investing in the local supplier is profitable for the OEM;conversely,when the investment efficiency of the OEM is lower,it does not invest.In addition,an increase in the supply risk of the global supplier will lower the entry threshold for OEM investment,but an increase in the supply risk of the local supplier and the reputational risk of both will increase this threshold,meaning that only the OEM with significantly higher investment efficiency can profit.展开更多
In this paper the Hong Kong-Zhuhai-Macao Bridge project is taken as a case to analyze supplier development in infrastructure mega-projects. Compared with manufacturing industry, the characteristics of supplier develop...In this paper the Hong Kong-Zhuhai-Macao Bridge project is taken as a case to analyze supplier development in infrastructure mega-projects. Compared with manufacturing industry, the characteristics of supplier development in infrastructure mega-projects is analyzed in term of development motives, supplier selection, quality management, production mode, owner participation and risks. The critical factors influencing the construction supplier development are identified, which include incentives, collaboration, future market, trust and bilateral communication. Furthermore, focusing on the incentives for the supplier's product quality and production capacity improvement, decision-making framework models are proposed to design the incentive mechanisms.展开更多
基金supported in part by the National Natural Science Foundation of China(NSFC)under Grant No.72271208the China Postdoctoral Science Foundation under Grant No.2023M741907.
文摘This paper considers the supplier investment decision-making problem in a supply chain consisting of an original equipment manufacturer(OEM),a global supplier,and a local supplier.To reduce dependence on global suppliers and improve supply stability,we develop a differential game model to investigate the optimal investment decisions of the OEM towards the local supplier under different risk scenarios and the impact of different risks on the optimal decisions.The results show that investment efficiency and risks have a significant impact on OEM investment decisions.Specifically,when the OEM has higher investment efficiency,investing in the local supplier is profitable for the OEM;conversely,when the investment efficiency of the OEM is lower,it does not invest.In addition,an increase in the supply risk of the global supplier will lower the entry threshold for OEM investment,but an increase in the supply risk of the local supplier and the reputational risk of both will increase this threshold,meaning that only the OEM with significantly higher investment efficiency can profit.
基金funded by the National Natural Science Foundation of China(Grant No.71390524)
文摘In this paper the Hong Kong-Zhuhai-Macao Bridge project is taken as a case to analyze supplier development in infrastructure mega-projects. Compared with manufacturing industry, the characteristics of supplier development in infrastructure mega-projects is analyzed in term of development motives, supplier selection, quality management, production mode, owner participation and risks. The critical factors influencing the construction supplier development are identified, which include incentives, collaboration, future market, trust and bilateral communication. Furthermore, focusing on the incentives for the supplier's product quality and production capacity improvement, decision-making framework models are proposed to design the incentive mechanisms.
