Procurement and marketing are the main boundary-spanning functions of an organization. Some studies highlight that procurement is less likely to benefit from artificial intelligence emphasizing its potential in other functions, i.e., in marketing. A case study in the automotive industry of the...

Artificial intelligence is a key technology for procurement and its usage is still in its infancy.This work builds upon literature reviews on big data analytics in supply chain management(Min, 2010, Waller and Fawcett, 2013, Souza, 2014, Gunasekaran et al., 2017, Nguyen et al.,2017) focusing on...

Purpose: Sales and procurement are the main boundary spanning functions of an organization - each with a specific focus and partly different views and objectives. They are often considered as two sides of a coin that struggle with one another for relative competitive advantage. The...

Most retailers that sell perishable goods offer multiple products in a product category (e.g., fresh food or fashion). Managing the inventories of these products is especially challenging due to frequent stock-outs and resulting substitution effects within the category. Furthermore, the true...

Retailers that offer perishable items are required to make ordering decisions for hundreds of products on a daily basis. This task is non-trivial because the risk of ordering too much or too little is associated with overstocking costs and unsatisfied customers. The well-known newsvendor model...

Financial disclosures such as earnings calls help investors allocate their resources efficiently by providing them with essential information about the underlying assets. Especially in forward-looking statements, such disclosures may contain large shares of uncertain words, for example, "we...