-
作者:de Koster, Rene; Roy, Debjit; Lim, Yun Fong; Kumar, Subodha
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad; Singapore Management University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:Managing the performance of intralogistics operations, that is logistics operations within facilities such as manufacturing plants, order fulfillment warehouses, ports and terminals, and retail stores, is critical in fulfilling customer expectations. Traditional decision-making for intralogistics operations is based on historical data, typically collected over long-range intervals with significant processing delays. However, nowadays, Internet of Things (IoT) applications are used to gather de...
-
作者:Zheng, Quan; Hu, Honggang; Pan, Xiajun Amy
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; Tongji University; State University System of Florida; University of Florida
摘要:The concept of retail pass-through, including own-brand and cross-brand pass-throughs, is critical for channel management strategies. With a classical common retailer channel, our paper provides a novel perspective on channel pricing through the lens of retail pass-through, synthesizing and extending the existing results. By employing the conduct parameter approach, our study identifies two important driving forces behind channel pricing strategies: vertical strategic effect and competition mo...
-
作者:Huang, Shihao; Xie, Hang; Zhang, Yudi; Chiu, Chun-Hung
作者单位:Sun Yat Sen University; University of Liverpool
摘要:Buy-online-pick-up-at-store (BOPS) is a prevalent strategy in omnichannel retailing. It is widely adopted by retailers, such as Target and Walmart, to attract customers via providing real-time information on product inventory and instant in-store pickup. This strategy is distinguished by its integration of online and offline channels, offering an exclusive service when compared to suppliers who operate solely online. Intuitively, BOPS enhances the competitive advantage of retailers, thereby co...
-
作者:Zou, Lili Wenli; Li, Mengxin; Yi, Cheng; Wang, Harry Jiannan
作者单位:The Chinese University of Hong Kong, Shenzhen; Tsinghua University; University of Delaware
摘要:The COVID-19 crisis has starkly highlighted the vulnerability of businesses and underscored the critical importance of organizational resilience. Firms across multiple sectors-particularly non-essential businesses-have suffered a heavy blow during the height of the pandemic. Guided by the resource dependence theory and using a proprietary and rich dataset from a leading online-to-offline platform for medical aesthetics services-a typical type of non-essential business-we find that the pandemic...
-
作者:Sullivan, Nicholas; Aggarwal, Rohit; Chatterjee, Promothesh; Midha, Vishal
作者单位:University of Mississippi; Utah System of Higher Education; University of Utah; Illinois State University
摘要:Self-driving vehicles have the potential to drastically reduce accidents caused by human errors, saving significant amounts of money in damages as well as human lives. However, public acceptance of the technology operating on public roads still needs to improve, as most Americans are uncomfortable sharing the road with a self-driving vehicle. The challenge for policymakers is to craft regulations that not only enhance the safety of self-driving technology but also foster public trust and accep...
-
作者:Yan, Xiaoli; Chen, Youhua (Frank); Yu, Hui; Li, Jiawen
作者单位:Chongqing University; City University of Hong Kong
摘要:In fashion, food processing, petrochemical production, and agriculture, products (items) are often bundled in a prefixed assortment, with a given ratio for each product. For example, one case of men's shoes may contain 24 pairs of different sizes of the same design. Of the 24 pairs, there is one size 7 pair, four sizes 9, and so on. Moreover, those pairs of shoes are packaged independently for retailing. Retailers of such products order them in bundles and then resell them unbundled. In this s...
-
作者:Bensoussan, Alain; Sethi, Suresh P.; Thiam, Abdoulaye; Turi, Janos
作者单位:University of Texas System; University of Texas Dallas; University of Texas System; University of Texas Dallas; Allen University; University of Texas System; University of Texas Dallas
摘要:This article advances the literature on the optimality of the base-stock policy for a general demand distribution and a general prior belief, which we update as we observe realized demands, assumed to be continuous, independent and identically distributed, random variables. The value function depends on the belief, so the functional Bellman equation is infinite-dimensional. Significantly, in contrast with traditional approaches, we derive a functional equation for the derivative of the value f...