Joint Inventory and Revenue Management with Removal Decisions

Maggiar, Alvaro; Sadighian, Ali

doi:10.2139/ssrn.3018984

Cited by 1 publication

(2 citation statements)

References 53 publications

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“…Ref. [17] developed a dynamic programming approach for maximizing retailers' profit through joint replenishment, pricing, and removal decisions. Most recently, Ref.…”

Section: Literature Of the Alternatives For Dealing With Excess Invenmentioning

confidence: 99%

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Destruction Decisions for Managing Excess Inventory in E-Commerce Logistics

Pourhejazy

2020

Sustainability

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The Internet has brought about new possibilities for innovation and radically changed business activities. Internet shopping is a prime example of increasing popularity, which is exacerbated due to the recent pandemic. It is expected that e-commerce will accommodate more than a quarter of the total retail sales worldwide in the next few years. Given the characteristics of e-commerce, inventory management is of paramount importance for an effective and timely response to the online customers’ demand. Despite its relevance, the issue of warehouse excess inventory is not sufficiently studied in the operations management literature. This study explores the factors, including sustainability and strategic considerations, that influence the inventory destruction decisions as one of the alternatives for managing excess inventory. Applying the Fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL) method, the interrelationships between the decision factors are investigated and the decisive considerations are identified. Overall, the outcomes provide insights for the e-commerce practitioners and offer directions for modeling and managing inventory destruction decisions.

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“…Ref. [17] developed a dynamic programming approach for maximizing retailers' profit through joint replenishment, pricing, and removal decisions. Most recently, Ref.…”

Section: Literature Of the Alternatives For Dealing With Excess Invenmentioning

confidence: 99%

“…Limited attention has been given to the issue of excess (over) inventory. Retailers may manage the excess inventory from their supply chain network either by returning it to the producer or through liquidation decisions [17]. There are various alternatives to deal with this operations management problem.…”

Section: Introductionmentioning

confidence: 99%

Destruction Decisions for Managing Excess Inventory in E-Commerce Logistics

Pourhejazy

2020

Sustainability

View full text Add to dashboard Cite

show abstract

Joint Inventory and Revenue Management with Removal Decisions

Cited by 1 publication

References 53 publications

Destruction Decisions for Managing Excess Inventory in E-Commerce Logistics

Destruction Decisions for Managing Excess Inventory in E-Commerce Logistics

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