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Manufacturer's decision-making and coordination strategy in an asymmetric multi-channel environment.
- Source :
- RAIRO: Operations Research (2804-7303); 2024, Vol. 58 Issue 3, p2167-2183, 17p
- Publication Year :
- 2024
-
Abstract
- This paper explores the significant impact of e-commerce and investigates manufacturers' decision-making processes regarding the opening of e-shops and the adoption of online and offline coordination strategies to enhance profits in an e-commerce environment. A novel three-channel model with asymmetric retailers is proposed, and three scenarios are analyzed: the initial dual-channel scenario, the multi-channel scenario with e-platform, and the "Order online, Pickup offline" coordinated scenario. By comparing optimal profits across these scenarios, decision-making inequalities for manufacturers are derived. Subsequently, numerical experiments validate that manufacturers, aiming to maximize profits, opt to establish an e-commerce channel and coordinate with offline retailers. Additionally, the study emphasizes the importance of e-platforms in setting commission rates to drive increased profits. The findings offer practical implications for manufacturers to engage in interest-balanced coordination, enabling them to adapt to evolving retail dynamics in the advancing e-commerce landscape from both theoretical and practical perspectives. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 28047303
- Volume :
- 58
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- RAIRO: Operations Research (2804-7303)
- Publication Type :
- Academic Journal
- Accession number :
- 178215826
- Full Text :
- https://doi.org/10.1051/ro/2024063