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作者:Cohen, Maxime C.; Jacquillat, Alexandre; Song, Haotian
作者单位:McGill University; Massachusetts Institute of Technology (MIT); Zhejiang University
摘要:Problem definition: It is common practice for firms to deploy strategies based on customer segmentation (by clustering customers into different segments) and price discrimination (by offering different prices to different customer segments). Price discrimination, although seemingly beneficial, can hurt firms in competitive environments. Academic/practical relevance: It is thus critical for firms to understand when to engage in price discrimination and how to support discriminatory pricing prac...
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作者:Figueira, Goncalo; van Jaarsveld, Willem; Amorim, Pedro; Fransoo, Jan C.
作者单位:INESC TEC; Universidade do Porto; Eindhoven University of Technology; Tilburg University
摘要:Problem definition: Online retailers are on a consistent drive to increase on-time delivery and reduce customer lead time. However, in reality, an increasing share of consumers places orders early. Academic/practical relevance: Such advance demand information can be deployed strategically to reduce costs and improve the customer service experience. This requires inventory and allocation policies that make optimal use of this information and that induce consumers to place their orders early. An...
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作者:DeHoratius, Nicole; Holzapfel, Andreas; Kuhn, Heinrich; Mersereau, Adam J.; Sternbeck, Michael
作者单位:University of Chicago; University of North Carolina; University of North Carolina Chapel Hill
摘要:Problem definition: We compare several approaches for generating a prioritized list of items to be counted in a retail store, with the objective of detecting inventory record inaccuracy and unknown out of stocks. Academic/practical relevance: We consider both rule-based approaches, which sort items based on heuristic indices, and model-based approaches, which maintain probability distributions for the true inventory levels updated based on sales and replenishment observations. Methodology: Our...
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作者:Markakis, Mihalis G.; Talluri, Kalyan; Tikhonenko, Dmitrii
作者单位:University of Navarra; IESE Business School; Imperial College London
摘要:Problem definition: We consider the problem of resolving ad hoc unpredictable congestion in environments where customers have private time valuations. We investigate the design of fair, efficient, budget-balanced, and implementable bidding mechanisms for observable queues. Academic/practical relevance: Our primary motivation comes from merging in algorithmic traffic, i.e., a driver wishing to merge in a relatively dense platoon of vehicles in a coordinated and efficient way, using intervehicle...
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作者:Ben Charoenwong; Han, Miaozhe; Wu, Jing
作者单位:National University of Singapore; Chinese University of Hong Kong
摘要:Problem definition: The uncertainty around trade and foreign economic policy contributes to supply chain risk. Academic/practical relevance: Whether such policy uncertainty will bring some production back to the United States or only redistribute the global supply chains among foreign sources is theoretically ambiguous and warrants an empirical analysis. In this paper, we study the relationship between trade and foreign economic policy uncertainty and the supply chain networks of American firm...
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作者:Li, Songtao; Lu, Lauren Xiaoyuan; Lu, Susan Feng; Huang, Simin
作者单位:Tsinghua University; Alibaba Group; Dartmouth College; Purdue University System; Purdue University
摘要:Problem definition: In brick-and-mortar fashion retail stores, inventory stockouts are frequent. When a specific size of a fashion product is out of stock, the unmet demand might not be completely lost because of spillovers to adjacent sizes of the same style or to other styles. Little research has been done to study consumer response to stockouts of fashion products because researchers had limited access to proprietary data of fashion retailers and because it is challenging to estimate stocko...
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作者:Lee, Seungrae; Park, Seung Jae; Seshadri, Sridhar
作者单位:Hankuk University Foreign Studies; Yonsei University; University of Illinois System; University of Illinois Urbana-Champaign
摘要:Problem definition: We investigate variations of the bullwhip effect across foreign subsidiaries and explore how it is affected by various features of foreign subsidiaries. Academic/practical relevance: During the era of global supply chain restructuring, researchers and executives of multinational firms should understand variations of the foreign subsidiary's bullwhip effect, given that its reduction is a key strategy for coordinating supply chains. Methodology: Our work is based on a balance...
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作者:Chan, Tian Heong; Bharadwaj, Anandhi; Varadarajan, Deepa
作者单位:Emory University; University System of Georgia; Georgia State University
摘要:Problem definition: In what kinds of business method innovation do firms in the manufacturing and trade sectors engage? Does engaging in business method innovation create value for these firms? The present paper answers these questions using empirical evidence. Methodology/results: Using text analysis of business method patents, we show that business method innovation in the U.S. manufacturing and trade sectors is aimed primarily at improving the business operations that support the sales of t...
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作者:Wang, Xiaoyu; Xu, Fasheng
作者单位:Washington University (WUSTL); Syracuse University
摘要:Problem definition: Smart contract improves the supply chain efficiency by enabling the supplier's commitment to postshipment financing decisions, which mitigates the bank's lending risk exposure and thereby reduces the financing cost. This paper investigates how smart contract adoption could facilitate trade finance activities and create value for supply chain firms. Academic/practical relevance: As the emerging blockchain technology could potentially reshape the trade financing landscape, un...
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作者:Dong, Lingxiu; Qiu, Yunzhe; Xu, Fasheng
作者单位:Washington University (WUSTL); Peking University; Syracuse University
摘要:Problem definition: For many supply chains, deep-tier suppliers, due to their small size and lack of access to capital, are most vulnerable to disruptions. We study the use of advance payment (AP) as a financing instrument in a multitier supply chain to mitigate the supply disruption risk in a traditional system (with limited visibility) and a blockchain-enabled system (with perfect visibility). The main goal of this paper is to shed light on how blockchain adoption impacts agents' operational...