Ketzenberg (2006), "Information Sharing to Improve Retail Product Freshness of Perishables

DMCA

Ketzenberg (2006), "Information Sharing to Improve Retail Product Freshness of Perishables

Cached

Download Links

by Mark Ferguson , Michael E. Ketzenberg

Venue:	Production and Operations Management
Citations:	10 - 0 self

Citations

282	Modeling and analysis of stochastic systems. - Kulkarni - 1995
132	Information sharing in a supply chain, - Lee, Whang - 2000
61	Information sharing and supply chain coordination - Chen
60	Echelon reorder points, installation reorder points, and the value of centralized demand information. - Chen - 1998 (Show Context) Citation Context ...e instransportation, handling, or packaging, although we do not model these economies explicitlys(i.e., there is no fixed order cost).sSuch an assumption is common in practice and the literatures(see =-=Chen 1998-=-, Cachon and Fisher 2000, Moinzadeh 2002).sAlthough Q is exogenous in oursmodel, we nevertheless evaluate the impact of this important parameter in our analysis.sSince the product is perishable, inven...
53	Exploiting Timely Demand Information to Reduce Inventories,” - Bourland, Powell, et al. - 1996
49	The impacts of sharing production information on supply chain dynamics: a review of the literature, - Huang, Lau, et al. - 2003
49	Supply chain coordination with revenue sharing contracts. - Cachon, Lariviere - 2005
39	Markov Decision Processes: Discrete Stochastic Dynamic Programming - Putterman - 2005 (Show Context) Citation Context ...cision space for nt is the set of positive integer values.sSince the state and decision spaces are discrete and finite and the cost is bounded, there exists ansoptimal policy that does not randomize (=-=Putterman, 1994-=- pg 102 - 111).sLet ( )t tn isdenote thes10 optimal policy of order quantity multiples for period t.sThe resulting optimal cost-to-gosis ( )NIS tf i .sThis formulation is similar to the approaches f...
36	Optimizing Inventory Levels in a Two-echelon Retailer System with - Nahmias, Smith - 1994
34	A multi-echelon inventory system with information exchange. - Moinzadeh - 2002 (Show Context) Citation Context ...ackaging, although we do not model these economies explicitlys(i.e., there is no fixed order cost).sSuch an assumption is common in practice and the literatures(see Chen 1998, Cachon and Fisher 2000, =-=Moinzadeh 2002-=-).sAlthough Q is exogenous in oursmodel, we nevertheless evaluate the impact of this important parameter in our analysis.sSince the product is perishable, inventory may be composed of units with diffe...
31	Gaining Benefits from Joint Forecasting and Replenishment Processes: The Case of Auto-Correlated Demand, - Aviv - 2002
25	Revenue-Sharing vs. Wholesale-Price Contracts - Gerchak, Wang - 2004
19	Optimal Ordering Policies for Perishable Inventory-II. - Nahmias - 1975
14	Flow Coordination and Information Sharing - Sahin, Robinson - 2002
11	2000, 'Supply Chain Inventory Management and the Value of Shared Information - Cachon, Fisher
11	Quantifying the value of leadtime information in a single-location inventory system - Chen, Yu - 2005
11	Capacitated remanufacturing with service level constraints. - Souza, Ketzenberg, et al. - 2002
10	2005), “Supply Chain Coordination with Revenue-Sharing Contracts - Cachon, Lariviere
10	How should a firm manage deteriorating inventory - Ferguson, Koenigsberg - 2007
9	Near myopic heuristics for the fixed-life perishable problem - Nansakumar, Morton - 1993
8	Optimal issuing policies for perishable inventory - Pierskalla, Roach - 1972
6	An approximation to the continuous review inventory model with perishable items and lead times,” - Chiu - 1995
4	Information Sharing and Supply Chain Coordination[R]. Working - Chen - 2002
4	Grocery Stores and Supermarkets Industry Profile - Research - 2005 (Show Context) Citation Context ....sKeywords:svalue of information, inventory management, perishable inventorys11. IntroductionsThe sale of perishable products makes up over 50% of the $400 billion U.S. retail grocerysindustry (First =-=Research, 2005-=-).sThe importance of perishable goods is growing in terms ofssales, SKUs, and the competitive importance of attracting consumers.sFor supermarkets,sperishables are the driving force behind the industr...
2	Research (2005), “Grocery Stores and Supermarkets Industry Profiles,” www.firstresearch.com/Industry-Research/Grocery-Stores-and-Supermarkets.html - First - 1975
2	LIFO vs - Leiberman - 1958
2	Optimal Ordering Policies for Perishable Inventory–II - Fries - 1975
1	The Operational Benefits of Information Sharing and Vendor - Aviv, Federgruen - 1998
1	Quantifying the Value of Leadtime Information - Chen, Yu - 2005
1	2005), “Channel Coordination with a Risk Neutral Supplier and a Downside-Risk-Averse Retailer - X, Yan
1	Sales Grow so does competition - Heller - 2002 (Show Context) Citation Context ...-charging and lower cost Wal-Mart super centers.sFurther,sperishables have become the order winning criteria of consumers, becoming the core reasonsmany consumers choose one supermarket over another (=-=Heller, 2002-=-).sDespite their strategicsimportance, perishables subject grocery retailers to losses of up to 15 percent due to damage andsspoilage.sThus, they offer a significant opportunity for improvement.sThese...
1	Growing Resentment - Hennessy - 2000 (Show Context) Citation Context ...ophisticated partnering package.sDel Monte is working with retailers onsaccounting, packaging, merchandising, and sales – shared technology that allows broadersand richer enhancement of information. (=-=Hennessy, 2000-=-, p. 74)sA distinguishing characteristic of perishables is that they have a finite lifetime and hence, thesage of the products must be considered in their management.sWhile our research focus is onsgr...
1	2003), Sharing Information to Manage Perishables - Ketzenberg, Ferguson
1	A changing landscape - Kollars - 2001 (Show Context) Citation Context ...e of replenishment, and low and high-priced inventory.sWhile the meansdemand rates are low, they are reasonable, particularly given the ever-increasing number ofsproducts over which demand is spread (=-=Kollars, 2001-=-).sAt the same time, our selection issconstrained by the computational feasibility of the resulting MDP, since the size of the statesspace expands exponentially with the vector of age–dependent invent...