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Pricing And Return Policy Decision For Close Loop Dual Channel Supply Chain
Subject area: Science,Engineering and Technology · Area of research: Mechanical Engineering
Abstract
In this study dual channel supply chain is considered, where manufacturer sells his product via two bodies namely retailer and e-tailer. This dual channel results in to intricate demand forecast and thus demand patter becomes more uncertain. Population and scarcity of resources forces firms to redesign their traditional open loop supply chain to a close loop policy. This paper brings a focus on return product policy for used (sold) as well as unused (unsold) products using a mathematical model. This strategy becomes helpful to develop a close loop green supply chain practices. Model is further explained using numerical analysis.)
Keywords
Return policy, Dual-channel, Close loop supply chain
How to cite this paper
@article{1701026,
author = {Mihir Solanki, Jainav Shah},
title = {Pricing And Return Policy Decision For Close Loop Dual Channel Supply Chain},
journal = {Iconic Research And Engineering Journals},
year = {2019},
volume = {2},
number = {9},
pages = {25-30},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1701026.pdf},
abstract = {In this study dual channel supply chain is considered, where manufacturer sells his product via two bodies namely retailer and e-tailer. This dual channel results in to intricate demand forecast and thus demand patter becomes more uncertain. Population and scarcity of resources forces firms to redesign their traditional open loop supply chain to a close loop policy. This paper brings a focus on return product policy for used (sold) as well as unused (unsold) products using a mathematical model. This strategy becomes helpful to develop a close loop green supply chain practices. Model is further explained using numerical analysis.)},
keywords = {Return policy, Dual-channel, Close loop supply chain },
month = {March},
}