Next Article in Journal
Classifying Evolution Algebras of Dimensions Two and Three
Next Article in Special Issue
Impacts of Online and Offline Channel Structures on Two-Period Supply Chains with Strategic Consumers
Previous Article in Journal
Convergence Theorems of Variational Inequality for Asymptotically Nonexpansive Nonself Mapping in CAT(0) Spaces
Previous Article in Special Issue
Customer Exposure to Sellers, Probabilistic Optimization and Profit Research
Open AccessArticle

Digital Supply Chain through Dynamic Inventory and Smart Contracts

Department of Business and Management, LUISS University, 00197 Rome, Italy
Mathematics 2019, 7(12), 1235; https://doi.org/10.3390/math7121235
Received: 9 November 2019 / Revised: 6 December 2019 / Accepted: 7 December 2019 / Published: 13 December 2019
This paper develops a digital supply chain game, modeling marketing and operation interactions between members. The main novelty of the paper concerns a comparison between static and dynamic solutions of the supply chain game achieved when moving from traditional to digital platforms. Therefore, this study proposes centralized and decentralized versions of the game, comparing their solutions under static and dynamic settings. Moreover, it investigates the decentralized supply chain by evaluating two smart contracts: Revenue sharing and wholesale price contracts. In both cases, the firms use an artificial intelligence system to determine the optimal contract parameters. Numerical and qualitative analyses are used for comparing configurations (centralized, decentralized), settings (static, dynamic), and contract schemes (revenue sharing contract, wholesale price contract). The findings identify the conditions under which smart revenue sharing mechanisms are worth applying. View Full-Text
Keywords: digital supply chain; smart contracts; dynamic inventory; revenue sharing contract digital supply chain; smart contracts; dynamic inventory; revenue sharing contract
Show Figures

Graphical abstract

MDPI and ACS Style

De Giovanni, P. Digital Supply Chain through Dynamic Inventory and Smart Contracts. Mathematics 2019, 7, 1235.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Search more from Scilit
 
Search
Back to TopTop