Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10010371656
Vendor-managed inventory (VMI) and consignment inventory (CI) are supply-chain sourcing practices between a vendor and customer. VMI allows the vendor to initiate orders on behalf of the customer. This presumably benefits the vendor who can then make replenishment decisions according to her own...
Persistent link: https://www.econbiz.de/10013011002
Motivated by our collaboration with one of the largest fast-fashion retailers in Europe, we study a two-echelon inventory control problem called the One-Warehouse Multi-Store (OWMS) problem when the demand distribution is unknown. This system has a central warehouse that receives an initial...
Persistent link: https://www.econbiz.de/10014086724
Persistent link: https://www.econbiz.de/10003709402
This paper studies a periodic-review pricing and inventory control problem for a retailer, which faces stochastic price-sensitive demand, under quite general modeling assumptions. Any unsatisfied demand is lost, and any leftover inventory at the end of the finite selling horizon has a salvage...
Persistent link: https://www.econbiz.de/10012778020
In this paper, we focus on a firm selling a single make-to-stock product to price-sensitive end customers. We develop an integrated operations-marketing model that can help determine the relevant profit-maximizing decision variable values for two pricing policies that the firm might follow -...
Persistent link: https://www.econbiz.de/10012778021
In this paper, we study a serial two-echelon supply chain selling a procure-to-stock product in a price-sensitive market. Our analytical modelling framework incorporates optimal pricing and stocking decisions for both echelons in the presence of stochastic demand and random delivery times. We...
Persistent link: https://www.econbiz.de/10012778024
This paper studies a buyback contract in the Stackelberg framework of a manufacturer (leader) selling to a price-setting, newsvendor retailer (follower). Using an analytical model that focuses on a multiplicative demand form, we generalize previous results and produce new structural insights. A...
Persistent link: https://www.econbiz.de/10012778017