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Persistent link: https://www.econbiz.de/10011658880
The sport business must determine how to get its products from the manufacturer or producer to the consumer. Additionally, in this industry, there are products produced at a point where the consumer must be present at its production to consume the product. These products are sports events, such...
Persistent link: https://www.econbiz.de/10010938130
Insurance products are distributed both by independent and dependent agents, although the use of independent agents is more costly. The product quality hypothesis states that independent agents provide both insurers and customers with higher service quality and therefore, remain on the market....
Persistent link: https://www.econbiz.de/10010958224
Until its liberalisation in 1994 exclusive agents dominated the distribution of products in the German life insurance industry. Since then, their importance has been declining for the benefit of both distribution via direct distribution channel and independent agents. However, the market shares...
Persistent link: https://www.econbiz.de/10010958253
Customers with positive demand lead times place orders in advance of their needs. A portfolio of customers with different demand lead times gives rise to what we call advance demand information. We develop effective inventory policies for a distribution system to account for this information. In...
Persistent link: https://www.econbiz.de/10009209003
Effective distribution using collaborative fulfillment networks requires coordination among the multiple participating firms at different stages of the supply chain. Acting independently, supply chain partners fail to weigh the cost burden they impose on upstream suppliers when their...
Persistent link: https://www.econbiz.de/10009218627
To explain the success of different distribution strategies in the life insurance industry, we analyze the performance of single- and multichannel distribution firms in the German life insurance industry. We estimate cost and profit efficiency for three groups of life insurers: multichannel...
Persistent link: https://www.econbiz.de/10008740452
In this chapter we discuss a tactical optimisation problem that arises in a multistage distribution system where customer orders can be delivered from any stockpoint. A simple rule to allocate orders to locations is a break quantity rule, which routes large orders to higher-stage stockpoints and...
Persistent link: https://www.econbiz.de/10010837728
Future distribution systems will have to deal with an intensive penetration of distributed energy resources ensuring reliable and secure operation according to the smart grid paradigm. SCADA (Supervisory Control and Data Acquisition) is an essential infrastructure for this evolution. This paper...
Persistent link: https://www.econbiz.de/10010806191
This paper examines whether independent modesof distribution can act as effective externalmonitors of managerial action. Becauseindependent agents are owners of the clientlist, control of an essential cash-generatingasset is concentrated in the hands of informedpurchasers. A consequence of this...
Persistent link: https://www.econbiz.de/10010867196