We study a model with a single supplier and a single buyer who interactmultiple times before the buyer sells her product in the end-consumermarket. We show that when the supplier uses a wholesale price contract,even under perfect foresight, the supplier, the buyer, and theend-consumers benefit from multiple trading opportunities versus aone-shot procurement agreement.
CITATION STYLE
Erhun, F., Keskinocak, P., & Tayur, S. (2011). Dynamic Procurement, Quantity Discounts, and Supply Chain Efficiency. In Supply Chain Coordination under Uncertainty (pp. 219–233). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-642-19257-9_9
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