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We find that firms' global sourcing strategy (GSS) strongly predicts their future stock returns. Using a transaction-level imports dataset for the period 2008 to 2019, we measure US public firms' five GSS choices: the extent of global sourcing; supplier relationship strength; supplier...
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A food retailer incurs expiration waste (EW) at its store when a perishable product crosses its expiration date without being sold. One frequent scenario for EW occurrence is when units of a given product with multiple expiration dates are simultaneously available on store shelves. In such...
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Advance purchase discount (APD) contracts can incentivize a retailer to share demand information with a dual-sourcing wholesaler. We analyze such contracts in terms of three practical considerations that have previously been overlooked: the retailer’s operational cost of adopting an APD...
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The operations management discipline has made substantial progress developing analytical models to help firms make tactical and strategic decisions (e.g., inventory control, assortment planning). The application of these models to real contexts requires several inputs, such as an estimate of the...
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