Research on the closed-loop supply chain of intelligent products considering government subsidies in the context of the internet of things
Abstract The rapid development of Internet of Things technology and the continuous improvement of consumer demand have spawned the emergence of intelligent products based on Internet of Things technology. The existing research on the closed-loop supply chain of intelligent products under the backgro...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Springer
2025-03-01
|
| Series: | Discover Internet of Things |
| Subjects: | |
| Online Access: | https://doi.org/10.1007/s43926-025-00118-4 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850153539497623552 |
|---|---|
| author | Jinghua Zhao Shaoyun Cui Zheng Xu |
| author_facet | Jinghua Zhao Shaoyun Cui Zheng Xu |
| author_sort | Jinghua Zhao |
| collection | DOAJ |
| description | Abstract The rapid development of Internet of Things technology and the continuous improvement of consumer demand have spawned the emergence of intelligent products based on Internet of Things technology. The existing research on the closed-loop supply chain of intelligent products under the background of the Internet of Things still lacks consideration of different subsidy objects and recyclers. Therefore, for different subsidy objects in the three-stage closed-loop supply chain of intelligent products, a pricing decision model involving manufacturers, recyclers, retailers and consumers under the minimum standard supervision of recycling technology is constructed, and different recyclers are distinguished according to the characteristics of intelligent products. By comparing the profits of each subject in different models, the optimal model of government subsidy is obtained. It is found that under the four modes, subsidizing recyclers without self-recovery technology makes the total profit of the supply chain reach the optimal solution; capital recyclers can obtain the largest number of old intelligent product recycling by using self-recovery technology; when subsidizing manufacturers, the total profit and product recovery rate of the supply chain are at the bottom. In addition, recycling subsidies, subsidy impact coefficients and technical standards will affect the best profits of enterprises. Through the analysis of the closed-loop supply chain of intelligent products, the research provides theoretical support and decision-making basis for the supply chain members to formulate relevant strategies and the government to take relevant measures to promote resource utilization and environmental protection. |
| format | Article |
| id | doaj-art-ed5d2f60622d48e7859a4478b8a02e25 |
| institution | OA Journals |
| issn | 2730-7239 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Springer |
| record_format | Article |
| series | Discover Internet of Things |
| spelling | doaj-art-ed5d2f60622d48e7859a4478b8a02e252025-08-20T02:25:41ZengSpringerDiscover Internet of Things2730-72392025-03-015112010.1007/s43926-025-00118-4Research on the closed-loop supply chain of intelligent products considering government subsidies in the context of the internet of thingsJinghua Zhao0Shaoyun Cui1Zheng Xu2School of Business, University of Shanghai for Science and TechnologySchool of Business, University of Shanghai for Science and TechnologySchool of Computer and Information Engineering, Institute for Artificial Intelligence, Shanghai Polytechnic UniversityAbstract The rapid development of Internet of Things technology and the continuous improvement of consumer demand have spawned the emergence of intelligent products based on Internet of Things technology. The existing research on the closed-loop supply chain of intelligent products under the background of the Internet of Things still lacks consideration of different subsidy objects and recyclers. Therefore, for different subsidy objects in the three-stage closed-loop supply chain of intelligent products, a pricing decision model involving manufacturers, recyclers, retailers and consumers under the minimum standard supervision of recycling technology is constructed, and different recyclers are distinguished according to the characteristics of intelligent products. By comparing the profits of each subject in different models, the optimal model of government subsidy is obtained. It is found that under the four modes, subsidizing recyclers without self-recovery technology makes the total profit of the supply chain reach the optimal solution; capital recyclers can obtain the largest number of old intelligent product recycling by using self-recovery technology; when subsidizing manufacturers, the total profit and product recovery rate of the supply chain are at the bottom. In addition, recycling subsidies, subsidy impact coefficients and technical standards will affect the best profits of enterprises. Through the analysis of the closed-loop supply chain of intelligent products, the research provides theoretical support and decision-making basis for the supply chain members to formulate relevant strategies and the government to take relevant measures to promote resource utilization and environmental protection.https://doi.org/10.1007/s43926-025-00118-4Closed-loop supply chainGovernment subsidySmart productPricing decisionStackelberg game |
| spellingShingle | Jinghua Zhao Shaoyun Cui Zheng Xu Research on the closed-loop supply chain of intelligent products considering government subsidies in the context of the internet of things Discover Internet of Things Closed-loop supply chain Government subsidy Smart product Pricing decision Stackelberg game |
| title | Research on the closed-loop supply chain of intelligent products considering government subsidies in the context of the internet of things |
| title_full | Research on the closed-loop supply chain of intelligent products considering government subsidies in the context of the internet of things |
| title_fullStr | Research on the closed-loop supply chain of intelligent products considering government subsidies in the context of the internet of things |
| title_full_unstemmed | Research on the closed-loop supply chain of intelligent products considering government subsidies in the context of the internet of things |
| title_short | Research on the closed-loop supply chain of intelligent products considering government subsidies in the context of the internet of things |
| title_sort | research on the closed loop supply chain of intelligent products considering government subsidies in the context of the internet of things |
| topic | Closed-loop supply chain Government subsidy Smart product Pricing decision Stackelberg game |
| url | https://doi.org/10.1007/s43926-025-00118-4 |
| work_keys_str_mv | AT jinghuazhao researchontheclosedloopsupplychainofintelligentproductsconsideringgovernmentsubsidiesinthecontextoftheinternetofthings AT shaoyuncui researchontheclosedloopsupplychainofintelligentproductsconsideringgovernmentsubsidiesinthecontextoftheinternetofthings AT zhengxu researchontheclosedloopsupplychainofintelligentproductsconsideringgovernmentsubsidiesinthecontextoftheinternetofthings |