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Copyright © 2020 Saidjahon Hayrutdinov et al. This work is licensed under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

The study proposes a supply chain contractual coordination model based on the product lifecycle information sharing effort and consumers' price sensitivity to a product with the Blockchain system. This paper examined the following five scenarios: (1) centralized supply chain with Blockchain system-based product lifecycle information sharing investment; (2) Stackelberg leader retailer processed and invested Blockchain system scenario; (3) retailer processed the Blockchain system cost-sharing scenario; (4) retailer processed Blockchain system investment through bargaining the revenue-sharing model; (5) Blockchain system investment under the cost and revenue-sharing contract. The study used the game theory reverse induction method to compare the Nash equilibrium solutions under different decision-making scenarios and discussed the chain member’s constraint condition of Blockchain system investment. We simulated and analysed the products’ lifecycle information sharing effort cost factor, the influence of price sensitivity coefficient, and expected profits of the supplier and retailer. The study results show that the product lifecycle information sharing effort under the Blockchain system increases the profit of the whole chain and decreases with the increase of customer’s price sensitivity coefficient.

Details

Title
Coordination of Supply Chain under Blockchain System-Based Product Lifecycle Information Sharing Effort
Author
Hayrutdinov, Saidjahon 1   VIAFID ORCID Logo  ; Saeed, Mahmoud S R 2   VIAFID ORCID Logo  ; Rajapov, Azamat 1   VIAFID ORCID Logo 

 Department of Transportation & Logistics, Southwest Jiaotong University, Chengdu 611756, China 
 Department of Electrical Engineering, South Valley University, Qena, 83511, Egypt 
Editor
Rongjie Yu
Publication year
2020
Publication date
2020
Publisher
John Wiley & Sons, Inc.
ISSN
01976729
e-ISSN
20423195
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2407636875
Copyright
Copyright © 2020 Saidjahon Hayrutdinov et al. This work is licensed under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.