DataSheet1_Recycling channel selection and financing strategy for capital-constrained retailers in a two-period, closed-loop supply chain.docx

This article studies a two-period, closed-loop supply chain (CLSC) with manufacturer or retailer recycling. It establishes a model analysis framework to analyze pricing optimization strategies and the channel-mode selection of electric vehicle batteries and considers manufacturer recycling and retailer recycling scenarios. When a retailer recycles, it needs to invest capital to build its recycling channel and so suffers from capital constraints. For this reason, retailers consider bank loans or trade-credit financing from manufacturers. This work explores a two-stage, CLSC pricing strategy that considers consumers’ preferences for remanufactured products and recycling rates, and it investigates financing channels for capital-constrained retailers. It analyzes optimal equilibrium strategies in three modes and compares the recycling and financing modes. Through numerical examples, it analyzes the effects of value preference rates and recycling rates of remanufactured products on supply chain profits, product demand, and model selection. The results show that the recycling rate can effectively incentivize the demand for new products in the first period. For any remanufactured product recycling cost, the manufacturer’s profit is most significant in the retailer-recycling bank financing model, and the retailer’s profit is largest in the manufacturer recycling model. As the consumer preference rate for remanufactured products increases, the demand for new products in the second stage decreases and the demand for remanufactured products increases. The retailer recycling trade-credit financing from the manufacturer model gives the largest profit to the retailer when the preference rate is significant or when the preference rate is low with a moderate recycling rate.

本文探讨了一种包含制造商或零售商回收环节的双期闭环供应链（CLSC）模型。文章构建了一个分析框架，用以研究定价优化策略及电动汽车电池的渠道模式选择，并考虑了制造商回收与零售商回收的情景。在零售商进行回收时，需要投入资本构建回收渠道，因此面临资本约束。鉴于此，零售商考虑从制造商处获取银行贷款或贸易信贷融资。本研究探讨了考虑消费者对再制造产品偏好以及回收率的双阶段CLSC定价策略，并探讨了资本约束零售商的融资渠道。文章分析了三种模式下的最优均衡策略，并对比了回收与融资模式。通过数值实例，分析了价值偏好率以及再制造产品回收率对供应链利润、产品需求和模型选择的影响。结果显示，回收率可以有效激励第一期内对新产品的需求。对于任何再制造产品回收成本，制造商在零售商回收银行融资模型中的利润最为显著，而零售商在制造商回收模型中的利润最大。随着消费者对再制造产品偏好率的提高，第二阶段新产品的需求减少，再制造产品的需求增加。当偏好率显著或偏好率低而回收率适中时，从制造商处获得贸易信贷融资的零售商回收模型给零售商带来的利润最大。