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Guoming Lai - The University of Texas at Austin, McCombs School of Business. Austin, TX, US

Guoming Lai Guoming Lai

Associate Professor, Department of Information, Risk, and Operations Management | The University of Texas at Austin, McCombs School of Business


Supply chain management, problems in the interface of operations and finance


Areas of Expertise (5)

Finance and Marketing

Finance and Operations

Operations Management

Supply Chain Management

Sustainability in Business


Guoming Lai is an associate professor in the Department of Information, Risk and Operations Management at the McCombs School of Business, The University of Texas at Austin. His research areas include supply chain management, and the problems in the interface of operations and finance and the interface of operations and marketing. Dr. Lai has several publications in the journals of Management Science, Operations Research, and Manufacturing & Service Operations Management.





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Education (4)

Carnegie Mellon University, Tepper School of Business: Ph.D., Management of Manufacturing and Automation 2009

Carnegie Mellon University, Tepper School of Business: M.S., Industrial Administration 2005

Tsinghua University, Department of Automation: M.S., Control Theory and Control Engineering 2003

Tsinghua University, Department of Automation: B.S., Automation 2000

Articles (9)

Leader-Based Collective Bargaining: Cooperation Mechanism and Incentive Analysis Manufacturing and Service Operations Management


We study leader-based collective bargaining (LCB), under which a leading buyer (leader) and a following buyer (follower) form an alliance to jointly purchase a common component from a supplier. Although the leader and the follower cooperate in their component purchase, they compete in selling their end products.

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Inventory Sharing in the Presence of Commodity Markets Production and Operations Management


This study investigates the value of inventory sharing in the presence of spot and forward markets. We consider a multiā€period setting where two firms process a common commodity to meet stochastic demands. They can buy and sell the commodity through both the spot and forward markets. They can also share the commodity if one has leftover inventory while the other has excess demand....We show that this method can substantially increase the value of inventory sharing.

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Dynamic Bargaining in a Supply Chain with Asymmetric Demand Information Management Science


With rational assumptions on the seller's belief structure, we characterize the perfect Bayesian equilibrium of the bargaining game. Interestingly, we find that both quantity distortion and information rent may be avoided depending on the firms' relative patience, and the seller may reach an agreement with either the high type or the low type first, or with both simultaneously.

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Sourcing with Deferred Payment and Inspection under Supplier Product Adulteration Risk POMS


We study the deferred payment and inspection mechanisms for mitigating supplier product adulteration, with endogenous procurement decision and general defect discovery process.

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Supplier Encroachment as an Enhancement or a Hindrance to Nonlinear Pricing POMS


The objective of this study was to extend existing understanding of supplier encroachment to contexts in which there is information asymmetry and the supplier can use nonlinear pricing.

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Supplier Encroachment Under Asymmetric Information Management Science


Prior literature has shown that, for a symmetric information setting, supplier encroachment into a reseller's market can mitigate double marginalization and benefit both the supplier and the reseller.

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Supply Chain Performance Under Market Valuation: An Operational Approach to Restore Efficiency Management Science


Based on a supply chain framework, we study the stocking decision of a downstream buyer who receives private demand information and has the incentive to influence her capital market valuation.

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Valuation of Storage at a Liquefied Natural Gas Terminal Operations Research


The valuation of the real option to store liquefied natural gas (LNG) at the downstream
terminal of an LNG value chain is an important problem in practice. Because the exact
valuation of this real option is computationally intractable, we develop a novel and ...

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Channel Stuffing With Short-Term Interest in Market Value Management Science


We study how a manager's short-term interest in the firm's market value may motivate
channel stuffing: shipping excess inventory to the downstream channel. Channel stuffing
allows a manager to report sales in excess of demand in order to influence investors' ...

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