Supply Chain Logistics Information Collaboration Strategy Based on Evolutionary Game Theory

Supply chain logistics information collaboration (SCLIC) is the basis and premise of supply chain logistics collaboration. An effective logistics information collaboration strategy can improve enterprises' chances of success in a new partnership in the supply chain. However, SCLIC is usually di...

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Bibliographic Details
Main Authors: Zhang Zhiwen, Xue Yujun, Li Junxing, Gong Limin, Wang Long
Format: Article
Language:English
Published: IEEE 2020-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9026951/
Description
Summary:Supply chain logistics information collaboration (SCLIC) is the basis and premise of supply chain logistics collaboration. An effective logistics information collaboration strategy can improve enterprises' chances of success in a new partnership in the supply chain. However, SCLIC is usually difficult to be achieved because of the complexity of the impact factor, strategy evolution process, and stability strategies. We propose an evolutionary game theory-based SCLIC strategy to solve this problem. Firstly, we build an evolutionary game model of SCLIC based on a two-echelon supply chain composed of suppliers and manufacturers. The strategy evolution game of suppliers, manufacturers, and the combination of manufacturers and suppliers are analyzed based on benefit maximization. The evolutionary stability strategy (ESS) is determined. Secondly, we analyze the impact of the relevant parameters on the strategy evolution process. And we use a comprehensive simulation to examine the efficiency of the proposed model. Finally, some managerial insights are presented for the supply chain enterprises to promote the realization of SCLIC.
ISSN:2169-3536