Zhixi Wan
Prof. Zhixi WAN
Innovation and Information Management
Area Head of Innovation and Information Management
Professor

3917 1082

KK 803

Publications
發展電商促進市場競爭 新零售可否打破壟斷?

2020年疫情以來,港人的消費習慣受到衝擊,不得不發生轉變。居家隔離迫使人們線上購物,病毒傳播迫使人們減少現金的使用,包括現在政府發行消費券,都使得舊有的路徑依賴強行變換軌道。而隨着線下商店線上化、物流配送更加完善等基礎設施建設,是否說明香港未來的電子商貿將走上暢通無阻的康莊大道?

Distribution Channel Choice and Divisional Conflict in Remanufacturing Operations

We consider a firm consisting of two divisions, one responsible for designing and manufacturing new products and the other responsible for remanufacturing operations. The firm will sell these new and remanufactured products either directly to the consumer (direct selling) or through an independent retailer (indirect selling). Our study demonstrates that a firm’s organizational structure can affect its marketing decisions. Specifically, a decentralized firm with separate manufacturing and remanufacturing divisions can benefit from indirect selling with higher firm profit, supply chain profit, and total consumer demand than direct selling. Moreover, this structure also induces a remanufacturable product design. In contrast, a centralized firm in which the manufacturing and remanufacturing divisions are consolidated is intuitively better off by choosing direct selling than indirect selling. Furthermore, we show that, surprisingly, when the focal firm sells through an independent retailer, a decentralized internal structure can result in higher supply chain profit than a centralized internal structure. We further investigate the case of dual dedicated channels and conclude that, while direct selling of remanufactured products and indirect selling of new products can better induce a remanufacturable product design and higher supply chain profit, it is not in the best interest of the firm in terms of total sales and firm profit.