The incidents of safety, labor and environmental violations in recent years have compelled many firms to rethink their approaches to managing suppliers. This paper investigates two cooperative approaches that are used in practice: auditing a common supplier jointly ("joint auditing") and sharing...

Nearly 200 million children are engaged in child labor, many in developing countries that are part of the supply base of global manufacturing networks. This paper models a multinational firm in a developed country selling the product made by a supplier in a developing country. The firm can...

Rising supply chain costs are one of the major factors that have caused rapid growth in overall healthcare spending. Supply chains in the healthcare industry are difficult to manage particularly due to their complexity and the uncertainties involved. This chapter starts with an overview of the...

This paper investigates how autonomous vehicles (AVs) may change the morning commute travel pattern and improve downtown parking. We develop a continuous-time traffic model that takes into account key economic deterrents to driving, such as parking fee and traffic congestion, and characterize...

This paper studies a merger between price-setting newsvendors in an oligopolistic market. It is well-known that inventory pooling can greatly reduce inventory costs in a centralized distribution system because it helps reduce aggregate demand uncertainty. Although such statistical economies of...