Can anticipatory supply chain decision making manage the pandemic's effect? A regime switching game

Mukherjee, Arka, Ganguly, Anirban, Kumar, Chitresh and Chowdhury, Priyabrata (2022) Can anticipatory supply chain decision making manage the pandemic's effect? A regime switching game. In: 10th IFAC Conference on Manufacturing Modelling, Management and Control MIM 2022, 22-24 June 2022, Nantes, France.

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Abstract

The COVID-19 pandemic has shown that stock outs of essential items like hand sanitizers, tissue papers and other items of hygiene and daily use have been characteristic of a supply chain, especially immediately following a pandemic wave. Consequently, retailers have to indulge in substantial supplier management efforts to ensure product availability during a pandemic wave. Using a piecewise deterministic differential game, we model a scenario where, while anticipating a pandemic wave, a supplier decides on product availability efforts to ensure product availability under the impending threat of stock outs. A market leader coordinating retailer, on the other hand, decides on the proportion of the costs of the efforts to be shared with the supplier.

Item Type: Conference or Workshop Item (Paper)
Keywords: Pandemic | Product Availability | Differential Game | Stochastic Regime Switching | Cost-Sharing
Subjects: Social Sciences and humanities > Business, Management and Accounting > General Management
JGU School/Centre: Jindal Global Business School
Depositing User: Amees Mohammad
Date Deposited: 19 Dec 2022 04:01
Last Modified: 02 Jan 2023 05:24
Official URL: https://doi.org/10.1016/j.ifacol.2022.09.571
URI: https://pure.jgu.edu.in/id/eprint/5216

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