Procurement competition in the presence of IoT-enabled B2B E-commerce

作者：

Highlights：

• We explore whether manufacturers give up traditional channel under B2B spot market.

• Two risk-averse manufacturers engage a Cournot competition.

• Manufacturers choose the optimal procurement strategy based on spot price variance.

• The FN strategy may benefit the whole downstream manufacturers.

• The FF subgame always benefits the whole supply chain.

摘要

•We explore whether manufacturers give up traditional channel under B2B spot market.•Two risk-averse manufacturers engage a Cournot competition.•Manufacturers choose the optimal procurement strategy based on spot price variance.•The FN strategy may benefit the whole downstream manufacturers.•The FF subgame always benefits the whole supply chain.

论文关键词：Supply chain management,Dual sourcing,B2B spot market,Procurement

论文评审过程：Received 21 March 2021, Revised 11 June 2021, Accepted 22 July 2021, Available online 20 September 2021, Version of Record 5 October 2021.

论文官网地址：https://doi.org/10.1016/j.elerap.2021.101091