Supply and Demand Management in Ride-Sourcing Markets

Supply and Demand Management in Ride-Sourcing Markets PDF

Author: Jintao Ke

Publisher: Elsevier

Published: 2023-04-30

Total Pages: 408

ISBN-13: 0443189382

DOWNLOAD EBOOK →

Supply and Demand Management in Ride-Sourcing Markets offers a fundamental modeling framework for characterizing ride-sourcing markets by spelling out the complex relationships among key endogenous and exogenous variables in the markets. This book establishes several economic models that can approximate matching frictions between drivers and passengers, describes the equilibrium state of ride-sourcing markets, and more. Based on these models, the book develops an optimum strategy (in terms of trip fare, wage and/or matching) that maximizes platform profit. While the best social optimum solution (for maximizing the social welfare) is generally unsustainable, this book provides options governments can use to encourage second-best solutions. In addition, the book's authors establish models to analyze ride-pooling services, with traffic congestion externalities incorporated into models to see how both new platforms and government designs can optimize operating strategies in response to the level of traffic congestion. Serves as a foundation for subsequent research studies that investigate ride-sourcing services through mathematical modeling Offers valuable managerial insights for ride-sourcing platforms and helps them develop more efficient and effective operating strategies Assists the governments or social planners in designing appropriate regulatory schemes to achieve more sustainable and societally beneficial market outcomes

Strategic Driver Repositioning in Ride-Hailing Networks with Dual Sourcing

Strategic Driver Repositioning in Ride-Hailing Networks with Dual Sourcing PDF

Author: Tingting Dong

Publisher:

Published: 2022

Total Pages: 0

ISBN-13:

DOWNLOAD EBOOK →

In ride-hailing markets, the spatial mismatch between supply and demand characterizes one of the most fundamental operational bottlenecks. The voluntary customer search of drivers is oftentimes inadequate for narrowing the demand-supply gaps and falls short in responding timely to the dynamic market conditions. To facilitate better supply management, some ride-sourcing platforms now adopt a dual-sourcing strategy by converting some freelance drivers as contractors, who would then follow platforms' guidance on repositioning movements when idle. This paper thus aims to analyze the implications of such a dual-sourcing strategy on the overall operations of ride-haling services. We consider a monopolistic platform that owns a blended workforce, with freelance drivers searching customers following their own preferences whilst contracted drivers repositioning in a centralized manner as system actuators. A mixed equilibrium model is devised to capture the interplay between the idle repositioning movements of both parties, and real-world data is invited to quantify the impacts of dual sourcing on various market sectors. Our numerical results confirm the effectiveness of dual sourcing in smoothing the operations, increasing the customer demand, and driving up the revenue of ride-hailing services. However, the benefit of dual sourcing to the platform remains sensitive to the proportion of contractors in the entire workforce as well as the stimulative commission beyond their regular service income.

Demand Management Best Practices

Demand Management Best Practices PDF

Author: Colleen Crum

Publisher: J. Ross Publishing

Published: 2003-06-15

Total Pages: 257

ISBN-13: 1932159010

DOWNLOAD EBOOK →

Effective demand management is becoming critical to acompany's profitability. Demand Management BestPractices: Process, Principles, and Collaborationprovides best practice solutions that will improveoverall business performance for supply chain partnersand all functions within a company impacted by the demandmanagement process. The ......

Global Supply Chain Group’s Guide To Demand Management

Global Supply Chain Group’s Guide To Demand Management PDF

Author: Vivek Sood

Publisher: Global Supply Chain Group

Published: 2013-11-14

Total Pages: 14

ISBN-13:

DOWNLOAD EBOOK →

Demand management was the simplest part of supply chain management at one time. In the stable economy prior to the start of the economic turmoil, it was easy; frequent short cuts were deployed to fast track the process. Covid-19 has turned the world upside down for the entire discipline of supply chain management in general, and demand management in particular. It has become necessary to think deeply and go back to the first principles for adequate management of demand. Buy this guide to discover how. If you want more details – see the attached link.

DEMAND MANAGEMENT: Supply Constraints and Inflation

DEMAND MANAGEMENT: Supply Constraints and Inflation PDF

Author: R.K. SHARMA

Publisher: Global India Publications

Published: 2009-12

Total Pages: 318

ISBN-13: 9789380228334

DOWNLOAD EBOOK →

This book presents the fundamentals for developing more reliable demand plans and schedules.It also shows what is necessary to build successful tradition partner relationships for demand collaboration.This book defines waht is reasonable to expect from a demand management process.It is our hope that the lesson shared in the book will stimulate improvements on how demand management is applied in your company and in the supply chains in which your company operates.

Supply Market Intelligence

Supply Market Intelligence PDF

Author: Robert Handfield

Publisher: CRC Press

Published: 2006-01-13

Total Pages: 539

ISBN-13: 1135484848

DOWNLOAD EBOOK →

Supply Market Intelligence: A Managerial Handbook for Building Sourcing Strategies charts the course to success for executives who are seeking to lead their organizations to supply-chain maturity. This volume is intended for supply-chain executives who struggle with the challenges of an uncertain supply market environment and whose supply chain function is constantly buffeted by unexpected changes in customer requirements and commodity prices. The author offers a more effective path, describing an integrated approach to supply chain management based upon solid market intelligence. This path is derived from the authors' multiple engagements with organizations such as Suncor Energy, Bank of America, Shell Oil, Honda of America, General Motors, Boston Scientific, Visteon, Federal Express, Sonoco, Duke Energy, Caterpillar, John Deere, GlaxoSmithKline, and many others. He emphasizes that the elements of a successful plan do not arise from a simple vision, instead they require much hard work and a focused approach backed by solid leadership. This book begins by defining supply market intelligence and discussing opportunities, the establishment of a project team, and conducting an internal business intelligence assessment. The book then examines the development of business and market intelligence, supplier evaluations, and sourcing strategies. It also explores how to execute a sourcing strategy, manage a strategic supplier relationship, and redesign an organization for effective supply-chain intelligence and strategic sourcing. This volume offers a benchmarking maturity model tool that covers all facets of end-to-end supply-chain management.

Implementing Purchasing and Supply Chain Management

Implementing Purchasing and Supply Chain Management PDF

Author: Nancy Nicosia

Publisher: Rand Corporation

Published: 2006

Total Pages: 142

ISBN-13: 0833039857

DOWNLOAD EBOOK →

The U.S. Air Force plans to improve procurement through the implementation of additional purchasing and supply chain management practices. To emulate the success of commercial enterprises, the Air Force is establishing commodity councils to develop proactive, enterprise-wide strategies for purchasing key Air Force goods and services. This monograph helps the commodity councils approach the market research task. This monograph is organized around the process for conducting market research. It begins with background information, proceeds through the how-to steps for conducting market research, and ends with recommendations for next steps. The authors highlight lessons learned from both a literature review and from interviews with personnel at leading commercial enterprises.

Next Generation Demand Management

Next Generation Demand Management PDF

Author: Charles W. Chase

Publisher: John Wiley & Sons

Published: 2016-08-01

Total Pages: 289

ISBN-13: 1119227399

DOWNLOAD EBOOK →

A practical framework for revenue-boosting supply chain management Next Generation Demand Management is a guidebook to next generation Demand Management, with an implementation framework that improves revenue forecasts and enhances profitability. This proven approach is structured around the four key catalysts of an efficient planning strategy: people, processes, analytics, and technology. The discussion covers the changes in behavior, skills, and integrated processes that are required for proper implementation, as well as the descriptive and predictive analytics tools and skills that make the process sustainable. Corporate culture changes require a shift in leadership focus, and this guide describes the necessary "champion" with the authority to drive adoption and stress accountability while focusing on customer excellence. Real world examples with actual data illustrate important concepts alongside case studies highlighting best-in-class as well as startup approaches. Reliable forecasts are the primary product of demand planning, a multi-step operational supply chain management process that is increasingly seen as a survival tactic in the changing marketplace. This book provides a practical framework for efficient implementation, and complete guidance toward the supplementary changes required to reap the full benefit. Learn the key principles of demand driven planning Implement new behaviors, skills, and processes Adopt scalable technology and analytics capabilities Align inventory with demand, and increase channel profitability Whether your company is a large multinational or an early startup, your revenue predictions are only as strong as your supply chain management system. Implementing a proven, more structured process can be the catalyst your company needs to overcome that one lingering obstacle between forecast and goal. Next Generation Demand Management gives you the framework for building the foundation of your growth.

Lanterna Rally - Theme by Grace Themes