Motivated by recent initiatives to increase transparency in procurement, we study the effects of disclosing information about previous purchases in a setting where an organization delegates its purchasing decisions to its employees. When employees can use their own discretion —which may be...

<Para ID="Par1">Data for optimization problems often comes from (deterministic) forecasts, but it is naïve to consider a forecast as the only future possibility. A more sophisticated approach uses data to generate alternative future scenarios, each with an attached probability. The basic idea is to estimate...</para>

While innovation sharing between a supplier and a buyer—a common practice in the automotive industry—can increase the efficiency of a supply chain, many suppliers are reluctant to do so. Sharing innovations leaves the supplier in a vulnerable position if the buyer exploits the information...

Following the Dodd-Frank Act's mandate that public companies disclose the use of conflict minerals in their products and processes, five well-known companies established an alliance and initiated a fund to audit mineral suppliers. Since contributing to a common fund has minimal direct benefits...

Many firms recognize exceptional supplier performance by giving out a "Supplier of the Year" or "Outstanding Supplier" award. These awards are usually symbolic since they have no immediate monetary value for a supplier and no direct cost to a buyer. Giving these awards can be beneficial for a...