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Operations and Supply Chain Management Commons™
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Full-Text Articles in Operations and Supply Chain Management
R&D Consortia In Competitive Supply Chains, Pascale Crama, Gaoyan Lu, Yi Xu
R&D Consortia In Competitive Supply Chains, Pascale Crama, Gaoyan Lu, Yi Xu
Research Collection Lee Kong Chian School Of Business
R&D consortia, which coordinate R&D activities of their member firms, have been successful in many industries. We study a model with two competing supply chains each consisting of a manufacturer and a supplier. The manufacturers compete in the final product market, and can conduct R&D to reduce unit product costs of their final products. The R&D can be done in three different ways: by the two manufacturers independently, by them jointly in a horizontal R&D consortium, or by the supplier and the manufacturer jointly in each supply chain in two vertical R&D consortia. We find that as compared to independent …
Cooperative Approaches To Managing Social Responsibility In A Market With Externalities, Xin Fang, Soo-Haeng Cho
Cooperative Approaches To Managing Social Responsibility In A Market With Externalities, Xin Fang, Soo-Haeng Cho
Research Collection Lee Kong Chian School Of Business
Problem definition: This paper studies two cooperative approaches of firms in managing social responsibility violations of their supplier: auditing a common supplier jointly (joint auditing) and sharing independent audit results with other firms (audit sharing). We study this problem in a market with externalities and a large number of firms. Academic/practical relevance: With numerous firms procuring their materials and parts worldwide, there are many cases in which overseas suppliers violate safety, labor, or environmental standards. Those violations have externalities in the sense that one firm’s violation affects other firms in the same market. …
Combating Child Labor: Incentives And Information Disclosure In Global Supply Chains, Soo-Haeng Cho, Xin Fang, Sridhar Tayur, Ying Xu
Combating Child Labor: Incentives And Information Disclosure In Global Supply Chains, Soo-Haeng Cho, Xin Fang, Sridhar Tayur, Ying Xu
Research Collection Lee Kong Chian School Of Business
Problem definition: We investigate multinational firms’ inspection and pricing strategies to address the challenges of combating child labor in global supply chains. We also examine how several factors (such as information disclosure, goodwill loss, inspection cost, external monitoring by nongovernmental organizations (NGOs), and penalty scheme) affect firms’ incentives to use different strategies to combat child labor. Academic/practical relevance: Nearly 200 million children are engaged in child labor, many in developing countries that are part of the supply base of global manufacturing networks. However, there has been little research on evaluating the impact of firms’ strategies and NGOs’ initiatives …