Strategic inventory deployment for retail and e-tail stores
Strategic inventory deployment for retail and e-tail stores
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DOI:
10.1016/j.omega.2008.04.001
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发表时间:
2009-06
影响因子:
6.9
通讯作者:
Dong-qing Yao;Xiaohang Yue;Samar K. Mukhopadhyay;Ziping Wang
中科院分区:
文献类型:
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作者:
Dong-qing Yao;Xiaohang Yue;Samar K. Mukhopadhyay;Ziping Wang
In this paper, we study a supply chain comprising one manufacturer and one retailer. Customers can make purchases either from the retailer or directly from the manufacturer via an e-tail channel. From the manufacturer's perspective of managing the two channels, we study three different inventory strategies, namely centralized inventory strategy, a Stackelberg inventory strategy, and a strategy where the e-tail operation is outsourced to a third party logistics provider (3PL). For each strategy, we obtain the optimal inventory levels in retail and e-tail stores and the respective expected profits. We compare the performance of various strategies. Managerial insights are provided through analytical and numerical analyses to illustrate the applicability of different strategies.