【主讲】Srinagesh Gavirneni，康奈尔大学管理学院助理教授

【主题】Transfer Pricing and Offshoring in Global Supply Chains

【时间】2009-12-17（周四）14:00-16:00

【地点】清华经管学院伟伦楼503室

【语言】英文

【主办】现代管理研究中心

管理科学工程系

摘要：

Taking advantage of lower foreign tax rates using transfer pricing and taking advantage of lower production costs using o？shoring are two strategies that global companies use to increase their pro？tability. Evidence suggests that？rms employ these strategies independently. We study how global？rms can jointly leverage tax and cost di？erences through coordinated transfer pricing and o？shoring. We derive a trade-o？curve between tax and cost di？erences that can be used to design sourcing and transfer pricing strategies jointly. However, in a global？rm the implementation of such jointly optimal strategies is often hindered by the following incentive problem. The headquarters is more concerned about the consolidated after tax pro？ts than the local divisions. Local divisions, on the other hand, have a better view on the product cost structure and hence, have a better view on the appropriate sourcing strategies. Hence, we need to understand how di？erent transfer price strategies and decentralization of sourcing and/or pricing decisions can be helpful. We？nd that when the tax di？erential is large, a fully centralized strategy works best. In other settings, a decentralized sourcing strategy (enabling the global？rm to take advantage of the local cost information) should be considered. Finally, we show that when the cost of outsourcing increases, a decentralized company has more？exibility in transfer pricing and hence can achieve higher pro？ts.(This work has been submitted to Management Science)

作者简介：

Professor Gavirneni's research interests are in the areas of supply chain management, inventory control, production scheduling, simulation, and optimization. His papers have appeared inManagement Science, Manufacturing & Service Operations Management, European Journal of Operational Research, Operations Research Letters, IIE Transactions, Interfaces,andIEEE Transactions on Reliability.Previously, he was an assistant professor in the Kelley School of Business atIndianaUniversity. Before that he was the chief algorithm design engineer of SmartOps, a Software Architect at Maxager Technology, Inc., and a research scientist with Schlumberger. His undergraduate degree from IIT-Madras is in Mechanical Engineering and he has received Masters degrees fromIowaStateUniversityandCarnegieMellonUniversity.