INFORMATION TRANSMISSION IN LAUNCHING A NEW PRIVATE LABEL PRODUCT

(整期优先)网络出版时间:2009-01-11
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Withthebuyer'smarketstrengthening,retailershavebeguntoleadinproductdevelopmentbyintroducingtheirownprivatelabelproducts.Thesuccessofsuchanewproductlaunchreliesontransmissionofdemandinformationalongasupplychain,yetthisnewphenomenonhasbeenlittleresearched.Thispaperattemptstoaddresssuchanissuebymodelingverticalinformationtransmissioninasupplychainconsistingofaretailerandamanufacturer.Theretailerwouldliketointroduceanewprivatelabelproductandknowsthedemandoftheproducttobeeitherhighorlow,whilethemanufactureronlyknowsthepriordistributionofthedemandtype.Thisstudyattemptstofindwhetherawholesale-pricecontractoratwo-parttariffcontractcanfacilitatethemanufacturertoidentifythedemandtype.Theresultsshowthatthetwo-parttariffcontractisalwayseffectiveinrealizinginformationtransmissionaslongastheretailer'sreserveprofitremainswithinareasonablerange.