Pricing Strategies of a Three-Stage Supply Chain: A New Research in the Big Data Era

In the Big Data era, Data Company as the Big Data information (BDI) supplier should be included in a supply chain. In the new situation, to research the pricing strategies of supply chain, a three-stage supply chain with one manufacturer, one retailer, and one Data Company was chosen. Meanwhile, con...

Full description

Saved in:
Bibliographic Details
Main Author: Pan Liu
Format: Article
Language:English
Published: Wiley 2017-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2017/9024712
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850157322944380928
author Pan Liu
author_facet Pan Liu
author_sort Pan Liu
collection DOAJ
description In the Big Data era, Data Company as the Big Data information (BDI) supplier should be included in a supply chain. In the new situation, to research the pricing strategies of supply chain, a three-stage supply chain with one manufacturer, one retailer, and one Data Company was chosen. Meanwhile, considering the manufacturer contained the internal and external BDI, four benefit models about BDI investment were proposed and analyzed in both decentralized and centralized supply chain using Stackelberg game. Meanwhile, the optimal retail price and benefits in the four models were compared. Findings are as follows. (1) The industry cost improvement coefficient, the internal BDI investment cost of the manufacturer, and the added cost of the Data Company on using Big Data technology have different relationships with the optimal prices of supply chain members in different models. (2) In the retailer-dominated supply chain model, the optimal benefits of the retailer and the manufacturer are the same, and the optimal benefits of the Data Company are biggest in all the members.
format Article
id doaj-art-397221b7e3cd4b98bf762b2fa7a685ca
institution OA Journals
issn 1026-0226
1607-887X
language English
publishDate 2017-01-01
publisher Wiley
record_format Article
series Discrete Dynamics in Nature and Society
spelling doaj-art-397221b7e3cd4b98bf762b2fa7a685ca2025-08-20T02:24:13ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2017-01-01201710.1155/2017/90247129024712Pricing Strategies of a Three-Stage Supply Chain: A New Research in the Big Data EraPan Liu0Economics & Management College, Henan Agricultural University, NongYe Road 63, Zhengzhou, Henan, ChinaIn the Big Data era, Data Company as the Big Data information (BDI) supplier should be included in a supply chain. In the new situation, to research the pricing strategies of supply chain, a three-stage supply chain with one manufacturer, one retailer, and one Data Company was chosen. Meanwhile, considering the manufacturer contained the internal and external BDI, four benefit models about BDI investment were proposed and analyzed in both decentralized and centralized supply chain using Stackelberg game. Meanwhile, the optimal retail price and benefits in the four models were compared. Findings are as follows. (1) The industry cost improvement coefficient, the internal BDI investment cost of the manufacturer, and the added cost of the Data Company on using Big Data technology have different relationships with the optimal prices of supply chain members in different models. (2) In the retailer-dominated supply chain model, the optimal benefits of the retailer and the manufacturer are the same, and the optimal benefits of the Data Company are biggest in all the members.http://dx.doi.org/10.1155/2017/9024712
spellingShingle Pan Liu
Pricing Strategies of a Three-Stage Supply Chain: A New Research in the Big Data Era
Discrete Dynamics in Nature and Society
title Pricing Strategies of a Three-Stage Supply Chain: A New Research in the Big Data Era
title_full Pricing Strategies of a Three-Stage Supply Chain: A New Research in the Big Data Era
title_fullStr Pricing Strategies of a Three-Stage Supply Chain: A New Research in the Big Data Era
title_full_unstemmed Pricing Strategies of a Three-Stage Supply Chain: A New Research in the Big Data Era
title_short Pricing Strategies of a Three-Stage Supply Chain: A New Research in the Big Data Era
title_sort pricing strategies of a three stage supply chain a new research in the big data era
url http://dx.doi.org/10.1155/2017/9024712
work_keys_str_mv AT panliu pricingstrategiesofathreestagesupplychainanewresearchinthebigdataera