Abstract: In today’s world the financial decisions of any business/retail enterprise are very crucial, as from the financial standpoint, an inventory i.e., stock on display represents a capital investment and must compete with other assets for a firm’s limited capital funds. Moreover, rising inflation rate directly affects the financial situation of an organization. On the contrary, the today’s...

We consider a two echelon supply chain with a single retailer and a single manufacturer. Inventory replenishment policies at the retailer level transmit customer demand variability to the manufacturer, sometimes even in an amplified form (known as the bullwhip effect). When production is inflexible at the manufacturing level, significant costs may be incurred by ramping up and down production l...

Pricing and advertising are two important marketing strategies in the supply chain management which lead to customer demand’s increase and therefore higher profit for members of supply chains. This paper considers advertising, and pricing decisions simultaneously for a three-level supply chain with one supplier, one manufacturer and one retailer. The amount of market demand is influenced ...

Retailer mobile applications are one of the principal retail purchase and information search channels. Customer experience is key to app success. However, its dimensions impact on retailer performance have been subject only a limited number studies. This research builds existing customer literature by considering four as precursors satisfaction with retailers’ loyalty (cognitive, affective, rel...

Association rule mining (ARM) is the process of generating rules based on the correlation between the set of items that the customers purchase.Of late, data mining researchers have improved upon the quality of association rule mining for business development by incorporating factors like value (utility), quantity of items sold (weight) and profit. The rules mined without considering utility val...

An important observation in supply chain management, popularly known as the bullwhip effect, suggests that demand variability increases as one moves up the supply chain. Empirical evidence suggests that the orders placed by a retailer tend to be much more variable than the customer demand seen by that retailer. This increase in variability propagates up the supply chain, distorting the pattern ...

Manufacturer rebates are commonly used as price discount tools for attracting end customers. In this study, we consider a two-stage supply chain with a manufacturer and a retailer, where a single seasonal product faces uncertain and price-sensitive demand. We characterize the impact of a manufacturer rebate on the expected profits of both the manufacturer and the retailer. We show that unless a...

This paper studies pricing decisions and service decisions of a product in a dual-channel (i.e., the traditional retail channel and direct online channel) supply chain consisting of one manufacturer and one retailer. We consider two types of channel pricing decisions (i.e., consistent pricing and inconsistent pricing) in the scenario which the manufacturer holds more bargaining power than the r...

Research Question As a clothing and accessories retailer, Zara launches 11,000 designs on store shelves every year. There are over 200 distinct items in a given Zara store with a one-week inventory turnover. A retailing chain like Zara usually maintains a wide variety of products at its warehouse, but only displays a much smaller set of products at a given store due to space constraints. Even s...