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Pricing strategy research in the dual-channel pharmaceutical supply chain considering service
KTH, School of Industrial Engineering and Management (ITM), Production engineering. Sanya Science and Education Innovation Park of Wuhan University of Technology, Sanya, China; School of Transportation and Logistics Engineering, Wuhan University of Technology, Wuhan, China.
Sanya Science and Education Innovation Park of Wuhan University of Technology, Sanya, China; School of Transportation and Logistics Engineering, Wuhan University of Technology, Wuhan, China.
KTH, School of Industrial Engineering and Management (ITM), Materials Science and Engineering, Process. Wuhan University of Science and Technology, Wuhan, China.ORCID iD: 0000-0001-7585-4674
KTH, School of Industrial Engineering and Management (ITM), Production engineering. Wuhan University of Science and Technology, Wuhan, China.
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2024 (English)In: Frontiers in Public Health, E-ISSN 2296-2565, Vol. 12, article id 1265171Article in journal (Refereed) Published
Abstract [en]

In the context of developing a new era, the pharmaceutical supply chain market has gradually transformed from a seller’s market to a buyer’s market. The closer the consumers are, the greater the market pricing power, so the pharmaceutical market power of manufacturers and retailers has also changed. This study considers the effect of service on the pricing strategy of the pharmaceutical platform supply chain. The study aimed to coordinate optimization, and the coordination strategy of the pharmaceutical platform supply chain of complementary products is discussed mainly by researching the price and service factors. Various situations are studied by hypothesis and model solving. This study uses Stackelberg game decision-making. Manufacturers are at the forefront of platform supply chain decisions. The research found that the price was lower under centralized decision-making than under decentralized decision-making. Coordination between price and service levels needs attention in the pharmaceutical platform supply chain of complementary products, and the service level should be controlled within a certain range. Only by improving the service level can enterprises maximize profits, providing a theoretical basis for pharmaceutical supply chain pricing strategy research. Supply chain members must strive to improve service levels to improve medical supply consumers’ (patients) psychological satisfaction level. Service levels do not fully mitigate channel conflict. Therefore, pharmaceutical complements have become a way to alleviate the conflicts in the pharmaceutical platform supply chain.

Place, publisher, year, edition, pages
Frontiers Media SA , 2024. Vol. 12, article id 1265171
Keywords [en]
complementary products, considering service, dual-channel supply chain coordination, game decision-making, pharmaceutical platform supply chain
National Category
Business Administration
Identifiers
URN: urn:nbn:se:kth:diva-344342DOI: 10.3389/fpubh.2024.1265171ISI: 001176447800001PubMedID: 38439763Scopus ID: 2-s2.0-85186453209OAI: oai:DiVA.org:kth-344342DiVA, id: diva2:1844345
Note

QC 20240314

Available from: 2024-03-13 Created: 2024-03-13 Last updated: 2024-09-04Bibliographically approved

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Wang, Yong

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