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Stockout Compensation : Joint Inventory and Price Optimization in Electronic Retailing

Bhargava, Hemant K.; Sun, Daewon; Xu, Susan H. - 2011

Delays in product availability are common in e-commerce where electronic retailers try to manage with very low inventories. While this lowers inventory costs, the negative effect of increased stockouts is to reduce net demand for the product. We analyze the effect of offering a lower price...

Persistent link: https://www.econbiz.de/10014047496

Data-Driven Dynamic Pricing and Inventory Management of an Omni-Channel Retailer in an Uncertain Demand Environment

Liu, Shiyu; Wang, Jun; Wang, Rui; Zhang, Yue; Song, Yanjie - 2023

traditional dynamic pricing and inventory management problems, particularly in unpredictable market environments. Therefore, we … have developed a dynamic pricing, replenishment, and rationing model for omni-channel retailers using a two-level partially … dynamic pricing and inventory management problems …

Persistent link: https://www.econbiz.de/10014361147

Pricing and Inventory Management When Consumers' Emotions Run High

Özer, Özalp; Rout, Arun; Şimşek, A. Serdar - 2022

without loss of tractability. Specifically, when the firm makes joint pricing and quantity decisions, the optimal price and …

Persistent link: https://www.econbiz.de/10013298821

The Effect of Supply Reliability in a Retail Setting with Joint Marketing and Inventory Decisions

Liu, Shaoxuan - 2008

This paper studies the impact of supply reliability on a retail firm's performance under joint marketing and inventory decisions. The firm sells a product in a single selling season and can exert marketing effort to influence consumer demand. We develop a modeling framework to quantify the value...

Persistent link: https://www.econbiz.de/10012722817

Inventory optimization for fulfillment integration in omnichannel retailing

Govindarajan, Aravind; Sinha, Amitabh; Uichanco, Joline - 2017

Persistent link: https://www.econbiz.de/10011748133

Joint inventory replenishment planning of an e-commerce distribution system with distribution centers at producers’ locations

Dai, Bo; Li, Fenfen - In: Logistics 5 (2021) 3, pp. 1-14

In this study, joint inventory replenishment planning of an Alibaba distribution system is investigated, which contributes to the circular economy concept. The distribution system includes suppliers, central distribution centers, and front distribution centers. The total replenishment cost of...

Persistent link: https://www.econbiz.de/10012588564