Showing 1 - 10 of 17
We propose a game-theoretical model of a retailer who sells a limited inventory of a product over a finite selling season by using one of two inventory display formats: display all (DA) and display one (DO). Under DA, the retailer displays all available units so that each arriving customer has...
Persistent link: https://www.econbiz.de/10009191159
Clearance pricing and end of season inventory management are challenging and important problems in retailing. Sales …
Persistent link: https://www.econbiz.de/10009191626
Many retailers designate one national brand manufacturer in each product category as a "category captain" to help manage the entire category. A category captain may perform demand-enhancing services such as better shelf arrangements, shelf-space management, and design and management of in-store...
Persistent link: https://www.econbiz.de/10009191723
We model a situation in which two retailers consider launching an "Advance Booking Discount" (ABD) program. In this program, customers are enticed to precommit their orders at a discount price prior to the regular selling season. However, these precommitted orders are filled during the selling...
Persistent link: https://www.econbiz.de/10009191839
In a recent paper, Mishra and Raghunathan (Mishra, B. K., S. Raghunathan. 2004. Retailer- vs. vendor-managed inventory and brand competition. Management Sci. 50(4) 445-457) claimed that retailers prefer vendor-managed inventory (VMI) because it restores competition among manufacturers and...
Persistent link: https://www.econbiz.de/10009197402
Consider a category of product variants distinguished by some attribute such as color or flavor. A retailer must construct an assortment for the category, i.e., select a subset variants to stock and determine purchase quantities for each offered variant. We analyze this problem using a...
Persistent link: https://www.econbiz.de/10009197681
Vendor-managed inventory (VMI) is emerging as a significant development in the recent trend towards collaboration and information sharing in supply chain management. Transfer of inventory monitoring and other overhead costs to manufacturers and continuous replenishment of retailer inventory are...
Persistent link: https://www.econbiz.de/10009198034
Internet technology has allowed for a higher degree of decoupling between the information-intensive sales process and the physical process of inventory management than its brick-and-mortar counterpart. As a result, some Internet retailers choose to outsource inventory and back-end operations to...
Persistent link: https://www.econbiz.de/10009198073
We model the effects of alternative coordination structures on the performance of a firm that faces uncertain demand in multiple horizontal markets. The firm's coordination structure is jointly determined by its decision-rights structure and by its information structure. We compare the...
Persistent link: https://www.econbiz.de/10009204095
traditional retailers vastly outsell Internet retailers in most product categories, research on Internet retailing has largely …
Persistent link: https://www.econbiz.de/10009204226