Technology advances and competitive pressure have shortened the life cycles for many products (e.g., in the mobile phone industry) and drastically increase the penalty of holding obsolete finished goods inventories. Standard planning methods lead to high forecasting errors and - as a consequence...

Supply chain finance (SCF) has attracted considerable attention being an innovative business model that allows firms, especially small- and medium-sized enterprises (SMEs), to convert illiquid assets into cash without incurring additional liabilities. However, its effects on SME performance and...

This paper examines how firms’ exposure to supply chain disruptions (SCD) affects firm outcomes in the European Union (EU). Exploiting heterogeneous responses to workplace closures imposed by sourcing countries during the pandemic as a shock to SCD, we provide empirical evidence that firms in...

We document the propagation through supply chains of the most damaging cyberattack in history and the important role of banks in mitigating its impact. Customers of directly hit firms saw reductions in revenues, profitability, and trade credit relative to similar firms. The losses were larger...

In this paper, using newly available CDS positions data compiled from DTCC and the supply chain hierarchical position obtained from networking methodology, we examine whether and how investors can use CDS contracts to manage the heightened operational risk due to upstream supply chain...

Finding new international suppliers is costly, so most importers source inputs from a single country. We examine the role of banks in mitigating trade search costs during the 2018-19 US-China trade tensions. We match data on shipments to US ports with the US credit register to analyze trade and...

The paid-incurred chain (PIC) reserving method is a claims reserving method in general insurance that allows to combine claims payments and incurred losses information in a mathematical consistent way. The main criticism on the original Bayesian log-normal PIC model presented in Merz-Wuthrich...

A model is built to study the impact of the variance of demand on the supply chain inventory and also to identify the best arrangement of the inventory policy across the supply chain. The basic objective of Inventory management by an entity is either to prevent stock out or lock up of working...

Ready meals contribute to the economic performance of the UK economy. However, in 2020, demand declined due to the COVID-19 pandemic; chilled ready meals declined by 3.6 per cent but frozen and ambient ready meals grew by 10.1 per cent and 5.6 per cent, respectively. This has implications for the...

We study a closed-loop supply chain in which used products can be collected by a manufacturer, a retailer, or a third-party for the purpose of recycling. Since the collection process can be noisy, the system dynamic is modeled by a stochastic differential equation. We formulate stochastic...