Startup firms typically are small and by their nature their founders are required to make cross-functional decisions because disciplinary departments—for example, marketing and operations—simply do not exist as separate entities in their firms. Simultaneously considering marketing and...

Stolyar and Wang (2021) provide a proof-of-concept that randomness of lead times in inventory systems can be exploited to achieve large - potentially unlimited - performance improvements, compared to the case of constant lead time. In this paper we explore what improvements are actually...

Game theoretic analysis of a supplier-retailer system in a two-period newsvendor setting reveals that, on the part of the retailer, committing to disposal of inventory, that is to discard unsold inventory, rather than carryover to the next period, is preferred, under certain conditions, because...

The new inventory policy proposed in this research is based on a dynamic order. The newly proposed policy can govern the inventory system since it selects how many items to reorder depending on the system levels. In this research the proposed policy is called a ”dynamic order” it allows the...

We study energy consumption and inventory control in a make-to-stock manufacturing system. We consider a Markovian system with a single server. The server consumes energy, and the associated energy cost depends on the server state: a busy server consumes more power than an idle server does, and...

If a hydrogen economy is to become a reality, along with efficient and decarbonized production and adequate transportation infrastructure, deployment of suitable hydrogen storage facilities will be crucial. This is because, due to various technical and economic reasons, there is a serious...

Using the exogenous adoption of state-level constituency statute as a natural experiment for corporate stakeholderism and the data of U.S. manufacturing firms for the period of 1980-2018, we find that firms increase their inventory holdings after the adoption of the statute. This effect is more...

This paper investigates the impact of financial constraints on firms' inventory holdings, an area of significant interest given that inventories are volatile over the business cycle. I use detailed data on Swedish firms' balance sheets, income statements, and credit scores. I employ a regression...

We consider a periodic-review single-product multi-echelon inventory problem with instantaneous replenishment. In each period, the decision-maker makes ordering decisions for all echelons. Any unsatisfied demand is backordered, and any excess inventory is carried to the next period. In contrast...

This study investigates whether the ability of top management teams (TMTs) influences efficient just-in-time (JIT) inventory management. Using a sample of U.S. listed firms spanning the period 1987 to 2018, our analyses, via mediation and moderation tests, show that more able TMTs enhance firm...

Inventory is an important thing for the company because most of the company's assets are embedded in inventory. With inventory, the company can maintain its survival. The problems that are often experienced in inventory accounting are recording and valuation

The study on the effect of warehouse management systems on the performance of private warehouses in Southern Zimbabwe was conducted because private warehouses in Zimbabwe have been incurring high cost which has been affecting their performance. Losses has become major concern at most private...

We develop a dynamic model of inventory investment and trade to examine how firms adjust to changes in international trade costs when facing a risk of stockouts due to demand uncertainty and order lead times for imports. We study two strategies firms may use to avoid stockouts, namely holding...

With the rapid development of online shopping in China, efficient inventory replen- ishment is crucial to ensure fast product delivery. This paper addresses a multi- period multi-item inventory replenishment problem in an e-commerce company. Different from the traditional predict-then-optimize...

In this paper, an integrated approach is addressed to tackle the production network design and inventory positioning problem in a single-sourcing, multi-product, and multi-period context. The objective of our model is to simultaneously determine the optimal network structure, safety stock...

Problem definition. We present a continuous-time Bayesian model for managing inventory in a retail setting when inventory records are inaccurate. In our formulation, the inventory level and its record have separate dynamics. The former is driven by the demand and unobservable loss process while...

Problem Definition: Medical operations require a large volume and variety of consumable supplies that are kept in hospital inventory and replenished on a regular basis. Stringent requirements on the availability of these supplies together with high variability in their daily usage contributes to...

The joint replenishment problem is a fundamental model in supply chain management theory that has applications in inventory management, logistics, and maintenance scheduling. In this problem, there are multiple item types, each having a given time-dependent sequence of demands that need to be...

Inventory cost is one of the main costs in Supply Chain Management (SCM), and a reasonable replenishment strategy can reduce the warehouse operation cost. The traditional replenishment strategy is difficult to meet the complex and changing demand of real warehouse scenarios, and because of the...

In the wake of the COVID-19 pandemic, severe economic damage and product shortages caused by demand surges and supply disruptions have prompted interests in strategies and tools for building resilient supply chains. The recent geopolitical conflicts as well as increased frequency of natural...

This paper investigates the impact of financial constraints on firms' inventory holdings, an area of significant interest given that inventories are volatile over the business cycle. I use detailed data on Swedish firms' balance sheets, income statements, and credit scores. I employ a regression...

This paper is an attempt to derive empirically testable hypotheses regarding the principal determinants of firms' decisions on production, price, and finished goods inventory. The general approach to the problem is that many of the same factors which affect the optimal value for one variable...

Supply chain optimization influences customer happiness, which is the foundation of any successful firm. The goal of a multi-echelon supply chain is to deliver the appropriate goods at the right time in the appropriate quantity and at prices that are competitive. The major issue related to multi...

We examine whether managers stockpile excess inventory after experiencing natural disasters. Using major disasters in the U.S. between 1993 and 2018, we document that firms located within a disaster area stockpile excess inventory after experiencing a disaster. The effect is stronger when a...

Problem definition: Strategic inventory refers to the inventory held by firms purely out of strategic considerations other than operational reasons (e.g., economies of scale). In this paper, we investigate the roles of strategic inventory in a system with two parallel supply chains under both...

We consider a periodic review inventory control problem of perishable goods with a fixed lifetime. Instead of considering either FIFO or LIFO issuance policy, we incorporate customers’ behavior in the retail setting using a mixture of FIFO and LIFO issuance policy. First, we characterize...