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"Pandemic" Keyword-tagged Publications:
| Title: | Can anticipatory supply chain decision making manage the pandemic's effect? A regime switching game | ||||
| Authors: | Mukherjee A, Ganguly A, Kumar C, Chowdhury P | ||||
| Link: | https://pubmed.ncbi.nlm.nih.gov/38620785/ | ||||
| DOI: | 10.1016/j.ifacol.2022.09.571 | ||||
| Publication: | IFAC-PapersOnLine | ||||
| Keywords: | Pandemic; cost-sharing; differential game; product availability; stochastic regime switching; | ||||
| PMID: | 38620785 | Category: | Date Added: | 2024-04-15 | |
| Dept Affiliation: |
CONCORDIA
1 Concordia University, Montreal, Quebec, Canada. 2 O. P. Jindal Global University, Sonipat, Haryana, India. 3 RMIT University, Melbourne, Victoria, Australia. |
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Description: |
The COVID-19 pandemic has shown that stock outs of essential items like hand sanitizers, tissue papers and other items of hygiene and daily use have been characteristic of a supply chain, especially immediately following a pandemic wave. Consequently, retailers have to indulge in substantial supplier management efforts to ensure product availability during a pandemic wave. Using a piecewise deterministic differential game, we model a scenario where, while anticipating a pandemic wave, a supplier decides on product availability efforts to ensure product availability under the impending threat of stock outs. A market leader coordinating retailer, on the other hand, decides on the proportion of the costs of the efforts to be shared with the supplier. |



