A Vendor Managed Inventory (VMI) system consists of a manufacturing vendor and a number of retailers. In such a system, it is essential for the vendor to optimally determine retailer selection and other related decisions, such as the product’s replenishment cycle time and the wholesale price,...

Radio Frequency Identification, or RFID, technology has received great attention when, beginning in 2003, Walmart announced its plan to use the technology. RFID׳s automatic scanning ability can reduce product scanning error rates and product scanning manpower, which can lead to increased labor...

The paper sets out from the business space (selling space, shop warehouse space etc.) and technology in the retail trade as factors of development of the retail trade in a particular country. As important factors of retail trade effects, space and technology can be analysed from marketing and...

Today's common business practice of extracting non-renewable raw materials from the earth, processing them, turning them into products, selling the products to customers, and then having the customers dispose of the products in a landfill or through incineration is not sustainable. Eventually,...

In the last two decades or so, a significant emphasis of the research literature in operations management has been on the strategic interaction of firms in a supply chain. Individual firms in supply chains make decisions on multiple levers such as capacity, inventory and price, to name a few,...

The process of the evolution trajectory of the management logistics function is tracked in the context of the theory and practice of a networked approach to supply chain management (SCM). Issues around the main competitive forces are driving reforms in deregulation, globalisation, and...

Negotiating with suppliers and with customers is a key part of supply chain management. However, with recent technological advances, the mechanisms available to carry out such activities have become increasingly sophisticated, and the environment in which these activities take place has become...

Purpose: The purpose of this paper is to explain variations in discretionary information shared between buyers and key suppliers. The paper also aims to examine how the extent of information shared affects buyers’ performance in terms of resource usage, output, and flexibility. ----- -----...

The economic environment of today can be characterized as highly dynamic and competitive if not being in a constant flux. Globalization and the Information Technology (IT) revolution are perhaps the main contributing factors to this observation. While companies have to some extent adapted to the...

Today counterfeit products are being produced and consumed in all economies. While clothing and fashion accessories dominated counterfeit supply in the past, today's counterfeit goods are in a wide range of simple to sophisticated products including items that have an impact on personal health...