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作者:Iyer, AV; Bergen, ME
作者单位:University of Minnesota System; University of Minnesota Twin Cities
摘要:Quick Response (QR) is a movement in the apparel industry to shorten lead time. Under QR, the retailer has the ability to adjust orders based on better demand information. We study how a manufacturer-retailer channel impacts choices of production and marketing variables under QR in the apparel industry. Specifically, we build formal models of the inventory decisions of manufacturers and retailers both before and after QR. Our models allow us to address who wins and who loses under QR and sugge...
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作者:Hendricks, KB; Singhal, VR
作者单位:University System of Georgia; Georgia Institute of Technology
摘要:This paper empirically estimates the impact of not meeting promised new product introduction dates on the market value of the firm. We estimate the average ''abnormal'' change in the market value for a sample of 101 firms around the date when information about delaying the introduction of new products is publicly announced. On average, delay announcements decrease the market value of the firm by 5.25%. The average dollar change in the market value in 1991 dollars is $-119.3 million. The eviden...
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作者:Ittner, CD; Larcker, DF
摘要:This paper provides exploratory evidence on the cross-sectional association between process management techniques and two profit measures: return on assets and return on sales. Using a sample of firms in two industries (automotive and computer) and four countries (Canada, Germany, Japan, and the United States), we find that certain process management techniques improve profitability while others have little effect on financial performance; In particular, long-term partnerships with suppliers a...