Purpose – To gain understanding of value chain (VC) agility in terms of value‐adding processes, this paper seeks to present a VC agility framework and then to develop the involved constructs. Design/methodology/approach – A framework of VC agility and its theoretical underpinnings is...

We analyze strategic relationships between buyers and sellers in markets with switching costs and dynamic uncertainty by investigating the scenario wherein a representative buyer trades with two foreign sellers located in the same foreign country. We show that, under exchange rate uncertainty,...

Motivated by the varied green product line extension strategies implemented by leading manufacturers in several industries (e.g., footwear and other apparel), we consider the price and quality optimization (i.e., product line design) problem of a monopolist selling (at most) two product...

We examine the strategic interplay between a buyer's design decision and the ensuing competition between suppliers in a three-tier closed-loop supply chain setting with significant recycling considerations. The nature of the engineering design decision in our research entails choice of integral...

We explore the supplier's and buyer's reactions to supply disruption under information asymmetry about the severity of disruption. Upon disruption, the supplier strategically quotes a due date for supply recovery and decides the completion time for recovery. Given the quoted due date, the buyer...

Motivated by interactions with a major player in the aerospace industry, we consider the relationship between a supplier of specialty material forgings and a buyer that manufactures airplane components by extensively machining down these forgings as per component design specifications. Due to...

Many online retail channels face high rates of product returns. This poses a new challenge to the sellers' dynamic pricing problem when some returns in good condition can be resold in the selling season. To study the impact of product returns and guide sellers to adjust pricing policies, we...

A paper manufacturing plant minimizes its production cost by using long production runs that combine the demands from its various customers. As jobs are completed, they are released to distribution for delivery. Deliveries are made by railcars, each of which is dedicated to one customer. Long...