Showing 1 - 5 of 5
Despite advances in retail point-of-sale (POS) data sharing, retailers’ suppliers struggle to effectively use POS data to improve their fulfillment planning processes. The challenge lies in predicting retailer orders. We present evidence that retail echelon inventory processes translate into a...
Persistent link: https://www.econbiz.de/10010738162
Judgmental adjustments of statistical forecasts are widely used for improving forecast accuracy. Despite the overall effectiveness of this method, it may allow forecasters to introduce biases in statistical forecasts when they judgmentally adjust them. This paper considers three types of bias:...
Persistent link: https://www.econbiz.de/10008507429
This study investigates to what extent cross-product (belly cargo) output affects (passenger ticket) prices in the US domestic airline industry. The empirical analysis indicates that greater cargo volumes generally result in lower air fares, presumably as a result of the airlines' realization of...
Persistent link: https://www.econbiz.de/10009202110
Persistent link: https://www.econbiz.de/10005109129
Cross-docking can reduce inventory in a retail supply chain but in certain situations it can result in more inventory being required in the stores to achieve the same customer service levels. In this paper we develop models to predict the changes in the retailer's system-wide inventory levels as...
Persistent link: https://www.econbiz.de/10009202339