Impact of Reseller's Forecasting Accuracy on Channel Member Performance

被引:40
作者
Chen, Ying-Ju [1 ]
Xiao, Wenqiang [2 ]
机构
[1] Univ Calif Berkeley, Dept Ind Engn & Operat Res, Berkeley, CA 94720 USA
[2] NYU, Stern Sch Business, New York, NY 10012 USA
关键词
forecasting accuracy; multi-tier channel; mechanism design; salesforce compensation; VEHICLE-ROUTING PROBLEM; TABU SEARCH; ENVIRONMENTAL-MANAGEMENT; TRAVEL-TIMES; OPERATIONS MANAGEMENT; FUEL CONSUMPTION; LOGISTICS; EMISSIONS; EFFICIENCY; ISSUE;
D O I
10.1111/j.1937-5956.2012.01339.x
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
This article studies a three-layer supply chain where a manufacturer sells a product through a reseller who then relies on its own salesperson to sell to the end market. The reseller has superior capability in demand forecasting relative to the manufacturer. We explore the main trade-offs between the risk-reduction effect and the information-asymmetry-aggravation effect of the improved forecasting accuracy. We show that under the optimal wholesale price contract, both the manufacturer and the reseller are always better off as the reseller's forecasting accuracy improves. Nevertheless, under the menu of two-part tariffs, the manufacturer prefers the reseller to be either uninformed or perfectly informed about the market condition. We further find that the improved forecasting accuracy is beneficial for the reseller if its current forecasting system is either very poor or very good.
引用
收藏
页码:1075 / 1089
页数:15
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