We are living in an era in which data is generated in huge volume with high velocity and variety. Big Data and technology are reshaping our life and business. Our research inevitably needs to catch up with these changes. In this short essay, we focus on two aspects of supply chain management,...

The central issue in supply chain management is to match supply with demand, and the heart of a planning model is the modeling of supply and demand functions. To allow for analytical tractability, the existing literature often assumes almost surely linear supply and demand functions, which...

Involving suppliers deep in the supply chain is critical for the success of environmental and social responsibility (ESR) initiatives. Administering ESR programs throughout a complex supply network, however, is challenging. In this paper, we apply a multi-unit bilateral bargaining framework to...

Subsidy programs are widely offered in both developing and developed countries to encourage consumption of products that generate positive social, health and environmental externalities. We study the effect of subsidies on product consumption under uncertain market demand. To reach a target...

We provide guidance on how operations management research can help to improve performance. In addition to summarize the existing studies in this area, we also explicitly discuss potential applications of operations methodologies in this domain and point out future research directions

The uncertainty in the supplier's material flows has become a norm rather than an exception in supply chains. The supply uncertainty can result in unexpected inventory shortfall, amplifying lost sales. However, the design of inventory replenishment and product pricing policy to mitigate both...

When firms post prices to sell their products in a competitive market, buyers often seek to bargain down the prices. The existing studies on dynamic competition, however, focus on firms' dynamic pricing strategies without considering the possibility of bargaining. We model a random stream of...

Supply chain contract negotiation has gain increasing attentions in recent years, and the studies involving negotiations in the operations literature almost exclusively apply the concept of the Nash bargaining (NB) solution. The NB solution, however, is derived based on the axiom of independence...

With supply chains becoming increasingly extended, the uncertainties in the upstream production process can greatly affect the material flows that aim toward meeting the uncertain demands at the downstream. We analyze a two-location system in which the upstream production facility experiences...

As multisourcing becomes a widely adopted strategy in dynamic procurement planning, firms inevitably source from suppliers with dependent material flows, and such supply dependence, created by common second-tier suppliers or common economic environment, is often positive. We show that firms can...