Fashion retailing: A framework for supply chain optimization

Martino, Giada; Iannnone, Raffaele; Fera, Marcello; Miranda, Salvatore; Riemma, Stefano

doi:10.5267/j.uscm.2016.12.002

Cited by 12 publications

(8 citation statements)

References 19 publications

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“…Moreover, the supplier's belief on market demand is µ S + ε, thus, its revenue can be presented by (p S − c)min(Q, µ S + ε). Because the supplier pays c k Q for production materials, the supplier's expected profit can be formulated as Equation (4). Because the retailer decides the ordered quantity and the supplier determines his material quantity sequentially, their optimal decisions µ * RS and Q * can be calculated by Equations (3) and (4) by a standard Steinberg game.…”

Section: Decisions In Decentralised Patternmentioning

confidence: 99%

“…In order to meet customers' requirements in the competitive circumstance, companies tend to align all of their channels in a new synchronized operating model called omni-channel retailing. The EDI systems, as well as EPOS (Electronic Point of Sale) systems, provides the valuable historical data to make quick cooperative operations in omni-channel retailing strategy [4]. Since EDI applications provide less input errors, faster response time, standardized information and improved pay cycle, information sharing via EDI systems is favorite by many firms.…”

Section: Introductionmentioning

confidence: 99%

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Sustainable Regulation of Information Sharing with Electronic Data Interchange by a Trust-Embedded Contract

Han

Dong

2017

Sustainability

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This paper studies the risks in demand information sharing applications by electronic soft-orders using electronic data interchange (EDI) systems in e-commerce and aims to suggest a sustainable regulation mechanism with a trust-embedded contract. In a supply chain with one retailer and one supplier, the retailer solicits private forecasted demand and places soft-orders via EDI to the supplier. To ensure abundant supply, the retailer has an incentive to inflate her soft-orders, which potentially harms the credible information sharing and sustainability of business cooperation. Normally, the degree to which the supplier relies on the retailer's order information is specified by trust, which is evaluated according to the retailer's reputation and supplier's intuition in this study. Based on standard game theory, we find that both the retailer's order and the quantity of supplier prepared materials are independent of the retailer's forecast. Therefore, EDI based information sharing in e-commerce without a regulation mechanism leads to inefficient demand information sharing. Since both the supplier and retailer are proved to faces huge of potential profit losses due to the failure of information sharing, the commerce by EDI based information sharing is full of risk and unsustainable. Therefore, a regulation mechanism that leaded by the retailer is proposed to establish 'win-win' sustainable cooperation. Numerical experiments highlight the value of trust, the impact of reputation and intuition in decisions, and the effectiveness of the regulation mechanism by a cost-sharing contract.

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Section: Decisions In Decentralised Patternmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Sustainable Regulation of Information Sharing with Electronic Data Interchange by a Trust-Embedded Contract

Han

Dong

2017

Sustainability

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“…Consumer purchase decision is changing as consumers are forming different attitudes towards various branded fashion products. Apparel is a fashion product category, which shows consumer's personality characteristics (Mishra, 2008;Martino et al, 2017). Broadly, apparel products are the basic indicators of cultural, social, individual and psychological experience factors that ultimately affect consumer personality.…”

Section: Introductionmentioning

confidence: 99%

The influence of brand equity on customer intention to pay premium price of the fashion house brand

Showrav¹,

Nitu²

2018

10.5267/j.msl

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Branded fashion clothing is developing expeditiously in Bangladesh. Bangladeshi local apparel fashion brand outlets are flourishing with positive customers' attitude. The aim of this research is to understand the effect of brand equity on customers' desire to spend on a premium price on a shopping store named Aarong. The research tries to discover different aspects of brand equity by analyzing the customers' manner and buying behavior. In this research, Aaker's brand equity model is used to examine the influence of brand equity on consumers' intention to pay for a premium cost. The necessary data for the study is collected from 100 respondents using the non-probability judgmental sampling technique. The collected data is analyzed by regression analysis so that the relationship can be examined, properly and the results support the proposed four hypotheses. It is found that among four brand equity variables, brand association maintained the most significant impact on creating positive customer intention to pay the premium price. Other variables such as brand recognition, discerned quality and brand faithfulness only slightly create positive influence on customer intention to pay the premium price. Thus, the results indicate that to ensure good performance and attract customers, Aarong must put more emphasis on improving all brand equity variables and maintain a suitable balance among them.

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“…Container multimodal transport itself is not a completely linear system. In practice, there are many interchange points and external environmental factors that make it impossible for goods to flow smoothly.Analysis of the effects of synergies on many aspects of the supply chain shows that it helps reduce carbon footprint by reducing the bullwhip effect [7], using RFID and other IoT technologies [8] to reduce errors in transportation and the uncertainty of the supply chain [9,10]. We all recognize that multimodal transport is an important area of supply chain research.…”

mentioning

confidence: 99%

Synergy Degree Evaluation of Container Multimodal Transport System

Fang

Zhi-ya

et al. 2020

Sustainability

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Logistics activities are an important source of energy consumption and environmental issues. Research conclusions and practical experience show that promoting the development of container multimodal transport is an effective way to reduce the level of carbon footprint. The key to influencing the development of container multimodal transport lies in the cooperation of all participants and links (modes of transport, transport businesses). Evaluating the synergy degree is a key step in this development process. This paper takes the whole process of container multimodal transportation as the research perspective, analyzes the operation process, and treats the process as a production system composed of four subsystems: facilities and equipment, organizational management, business operations, and information interactions. Through in-depth interviews and an analysis of the academic literature and policy documents, we establish a synergy degree evaluation index system and measurement model of container multimodal transport based on synergy theory and case studies. The research results are consistent with the actual situation. From 2015 to 2018, the synergy of container multimodal transport system of China's G port developed slowly, but generally moved in a more orderly direction.Sustainability 2020, 12, 1487 2 of 26 of cargo transportation; by 2020, the volume of port railway collection and distribution and container multimodal transport will increase significantly. Multimodal container operation is an important economic activity and plays a vital role in transportation and low-carbon development.In actual operation, logistics companies tend to choose a single mode of transport when conditions permit. The reason is that the participants and links (modes of transport, transport businesses) are not coordinated, due to the following: (1) There is a lack of effective connection between infrastructures. For example, many ports have no dedicated railway lines, which greatly increases transportation costs.(2) There is no uniform standard for equipment. The size standards of road trucks are different from the standards of railway loading units, and the conversion is very troublesome, requiring loading and unloading, resulting in increased costs. (3) The devices are not completely intelligent. The development of special railway wagons, railway dual-use trailers, and river-sea combined carriers is lagging, and the connection efficiency is low. (4) There is a lack of multimodal transport integration service providers. Due to the lack of a large logistics network platform and effective deployment, small transportation companies are blind, and there is often repeated transportation and wasting of resources. (5) Information docking and sharing are difficult. There is no uniform information exchange standard and format between enterprises, and each enterprise is an information island. In addition, there is a lack of effective connection between multiple modes of transport, and the costs of short barges, reloading, loading and unloading...

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Fashion retailing: A framework for supply chain optimization

Cited by 12 publications

References 19 publications

Sustainable Regulation of Information Sharing with Electronic Data Interchange by a Trust-Embedded Contract

Sustainable Regulation of Information Sharing with Electronic Data Interchange by a Trust-Embedded Contract

The influence of brand equity on customer intention to pay premium price of the fashion house brand

Synergy Degree Evaluation of Container Multimodal Transport System

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