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Profit-Sharing Contracts for Fresh Agricultural Products Supply Chain Considering Spatio-Temporal Costs by Li, Min (author);He, Lina (author);Yang, Guangchuan (author);Lian, Zhen (author) is a Environmental Science article available to read on EtoBox.

What is Profit-Sharing Contracts for Fresh Agricultural Products Supply Chain Considering Spatio-Temporal Costs about?

This paper investigated the effects of the informational asymmetry phenomenon that occurs in the direct sale of fresh agricultural products (FAP) in an e-commerce environment. A three-level FAP supply chain was proposed, which was composed of a FAP supplier, a logistics service provider, and a large e-commerce platform. Considering the perishable nature of FAP, this paper analyzed the effects of logistics spatio-temporal costs and the freshness of FAP on the profit of each stakeholder in the supply chain. Three scenarios were considered: (1) complete information, (2) partial information, and (3) considering logistics spatio-temporal cost. Analytical models were developed based on the principal-agent theory and the supply chain coordination contract theory to depict the effects of a profit-sharing contract on the operations of the FAP supply chain. Modeling results indicated that under a complete information condition, an increase in the loss rate of FAP correlated to a decrease in the profit of the FAP supply chain. Under a partial information condition, considering the loss rate of FAP and the potential compensation costs to suppliers, when the loss rate of FAP was fixed, the prof

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Author

Li, Min (author);He, Lina (author);Yang, Guangchuan (author);Lian, Zhen (author)

Publisher

MDPI AG

Published

2022

Language

EN

Field

Environmental Science (Social Sciences)