We extend our validated system dynamics models that we deployed 11 years ago during the credit crisis to model the production lockdown caused by the Covid-19 crisis. We estimate the supply chain dynamics that we may see unfold over the next few months. Our results suggest that inventory dynamics...

We investigate what value firms may obtain if they pool their accounts receivable for the purpose of financing investments in cost-reducing assets. Our study is motivated by 'reverse factoring' arrangements, which simultaneously relax some capital market frictions but impose others....

Does 'reverse factoring' - a supply chain finance solution that has recently become popular in industry - allow for operational benefits? Are the benefits automatic, or do they need to be explicitly required in the reverse factoring arrangement? We explore these questions through a periodic...

We present a mathematical model for integration, analysis, and optimization of operational and financial processes within a supply chain. Specifically, we consider commercial transactions of a large corporate customer with a small or medium-sized supplier. We show how application of reverse...

Online retailers are on a consistent drive to increase on-time delivery and reduce customer lead-time. However, in reality, an increasing share of consumers place orders early. Such Advance Demand Information can be deployed strategically to reduce costs and improve the customer service...

This work empirically assesses the degree to which inventory decisions made by entrepreneurs and small businesses are informed by the logic underlying the newsvendor or base stock model and are influenced by the decision-maker's risk profile. We used a web- and email-based survey, combined with...

Problem definition: Adaptive approval is a novel regulatory program that enables earlier patient access to new drugs for rare diseases. The program has been in place for almost a decade, however, industry participation has been surprisingly low. Academic/Practical Relevance: The main purpose of...

What initiatives abate urban logistics’ carbon emissions more efficiently and effectively? Numerous theoretical and practical studies address the challenge of reducing carbon emissions from the logistics sector while ensuring the flow of goods to highly urbanized areas. In this position paper,...