Backup agreements in fashion buying—the value of upstream flexibility
Management Science
The Quantity Flexibility Contract and Supplier-Customer Incentives
Management Science
Flexible and Risk-Sharing Supply Contracts Under Price Uncertainty
Management Science
Price Protection in the Personal Computer Industry
Management Science
Selling to the Newsvendor: An Analysis of Price-Only Contracts
Manufacturing & Service Operations Management
Coordination and Flexibility in Supply Contracts with Options
Manufacturing & Service Operations Management
The Impact of the Secondary Market on the Supply Chain
Management Science
Inventory Decisions in Dell's Supply Chain
Interfaces
Competitive Options, Supply Contracting, and Electronic Markets
Management Science
Procuring Fast Delivery: Sole Sourcing with Information Asymmetry
Management Science
Competition in the Supply Option Market
Operations Research
An evaluation of an option contract in semiconductor supply chains
Proceedings of the Winter Simulation Conference
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Semiconductor manufacturers face high demand uncertainty due to volatile and rapidly changing technology development as well as inaccurate customer forecasts. The paper first presents a description of contract clauses used in semiconductor supply chains, obtained through a literature review and a field study. The paper then presents a review of the literature on studies in supply chain contracts focusing on flexibility contracts and capacity option contracts. Finally, the paper presents models to study contract flexibility and capacity reservation options for a semiconductor manufacturer supplier and a buyer. The purpose of the models is to compare a representative standard flexibility contract currently used in semiconductor supply chains and a capacity options contract.