Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7428087 | Transportation Research Part E: Logistics and Transportation Review | 2016 | 13 Pages |
Abstract
Cost, quality and time to market are three main factors for outsourcing management. A game theoretic model is used to design optimal outsourcing contracts including these three factors for a buyer and a supplier under Full Information (F) case and Asymmetric Information (A) case where the buyer does not share her internal variable cost information with the supplier. Optimal outsourcing contracts are derived and results of numerical experiment are also presented. Several insights of managing the outsourcing risks due to the Asymmetric Information are given for various industries, like cost-sensitive industry, time-sensitive industry, and quality-sensitive industry.
Keywords
Related Topics
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Business and International Management
Authors
Xiaowei Zhu,