The value of virtual pooling in dual sales channel supply chains
Recently the most significant growth in online retailing has been attributed to traditional offline retailers extending their brands online. Unfortunately, there is little research addressing the value of better information in retail/e-tail organizations. To fill this gap, this paper examines how in...
Gespeichert in:
| Veröffentlicht in: | European journal of operational research 2009-01, Vol.192 (2), p.561-575 |
|---|---|
| Hauptverfasser: | , , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 575 |
|---|---|
| container_issue | 2 |
| container_start_page | 561 |
| container_title | European journal of operational research |
| container_volume | 192 |
| creator | Mahar, Stephen Bretthauer, Kurt M. Venkataramanan, M.A. |
| description | Recently the most significant growth in online retailing has been attributed to traditional offline retailers extending their brands online. Unfortunately, there is little research addressing the value of better information in retail/e-tail organizations. To fill this gap, this paper examines how investing in the continuous monitoring of online demands and inventory positions can provide economic benefit for companies that handle both in-store and online sales. Specifically, we develop and evaluate two dynamic assignment policies that incorporate real time information to specify which of a firm’s e-fulfillment locations will handle each of its Internet sales. Computational results indicate that investing in dynamic assignment capability can reduce system cost (holding, backorder, and transportation) by as much as 8.2% over the optimal static policy. The percentage of sales occurring online plays a critical role in determining the magnitude of the benefit. |
| doi_str_mv | 10.1016/j.ejor.2007.09.034 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_204144662</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><els_id>S0377221707009927</els_id><sourcerecordid>1563367631</sourcerecordid><originalsourceid>FETCH-LOGICAL-c479t-24b14d34fd2bb283e94ac2203fdf75025eed029dd277b477b789f274885fb4893</originalsourceid><addsrcrecordid>eNp9UMFq3DAUFKWFbtP8QE-m0KPdp2fZsqCHltCmpYFe0rOQpaeujGO7kr2wfx-ZDTlGMHoamBk9hrEPHCoOvP08VDTMsUIAWYGqoBav2IF3Esu2a-E1O0AtZYnI5Vv2LqUBAHjDmwP7en-k4mTGjYrZF6cQ182MxTLPY5j-FWEq3M6TGSkV9mimiTLblmU87zRM6T17482Y6PppXrG_P77f3_ws7_7c_rr5dldaIdVaoui5cLXwDvseu5qUMBYRau-8bAAbIgeonEMpe5EhO-VRiq5rfC86VV-xj5fcJc7_N0qrHuYtTvlLjSC4EG2LWYQXkY1zSpG8XmJ4MPGsOei9KD3ovSi9F6VB6VxUNv2-mCItZJ8dlE-WUtInXRuuMN_njGxVeYT9mbFkNC3XjWz0cX3IaZ-e9jTJmtFHM9mQnlMRJAhoZdZ9uegol3YKFHWygSZLLkSyq3ZzeGnpR1CRlpU</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>204144662</pqid></control><display><type>article</type><title>The value of virtual pooling in dual sales channel supply chains</title><source>RePEc</source><source>Access via ScienceDirect (Elsevier)</source><creator>Mahar, Stephen ; Bretthauer, Kurt M. ; Venkataramanan, M.A.</creator><creatorcontrib>Mahar, Stephen ; Bretthauer, Kurt M. ; Venkataramanan, M.A.</creatorcontrib><description>Recently the most significant growth in online retailing has been attributed to traditional offline retailers extending their brands online. Unfortunately, there is little research addressing the value of better information in retail/e-tail organizations. To fill this gap, this paper examines how investing in the continuous monitoring of online demands and inventory positions can provide economic benefit for companies that handle both in-store and online sales. Specifically, we develop and evaluate two dynamic assignment policies that incorporate real time information to specify which of a firm’s e-fulfillment locations will handle each of its Internet sales. Computational results indicate that investing in dynamic assignment capability can reduce system cost (holding, backorder, and transportation) by as much as 8.2% over the optimal static policy. The percentage of sales occurring online plays a critical role in determining the magnitude of the benefit.</description><identifier>ISSN: 0377-2217</identifier><identifier>EISSN: 1872-6860</identifier><identifier>DOI: 10.1016/j.ejor.2007.09.034</identifier><identifier>CODEN: EJORDT</identifier><language>eng</language><publisher>Amsterdam: Elsevier B.V</publisher><subject>Applied sciences ; Assignment problem ; Cost reduction ; Dual sales channel ; E-commerce ; Electronic commerce ; Exact sciences and technology ; Information ; Inventory control, production control. Distribution ; Logistics ; Operational research and scientific management ; Operational research. Management science ; Retailing ; Studies ; Supply chain management ; Supply chain management E-commerce Dual sales channel</subject><ispartof>European journal of operational research, 2009-01, Vol.192 (2), p.561-575</ispartof><rights>2007 Elsevier B.V.</rights><rights>2008 INIST-CNRS</rights><rights>Copyright Elsevier Sequoia S.A. Jan 16, 2009</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c479t-24b14d34fd2bb283e94ac2203fdf75025eed029dd277b477b789f274885fb4893</citedby><cites>FETCH-LOGICAL-c479t-24b14d34fd2bb283e94ac2203fdf75025eed029dd277b477b789f274885fb4893</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://dx.doi.org/10.1016/j.ejor.2007.09.034$$EHTML$$P50$$Gelsevier$$H</linktohtml><link.rule.ids>315,781,785,3551,4009,27929,27930,46000</link.rule.ids><backlink>$$Uhttp://pascal-francis.inist.fr/vibad/index.php?action=getRecordDetail&idt=20704067$$DView record in Pascal Francis$$Hfree_for_read</backlink><backlink>$$Uhttp://econpapers.repec.org/article/eeeejores/v_3a192_3ay_3a2009_3ai_3a2_3ap_3a561-575.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Mahar, Stephen</creatorcontrib><creatorcontrib>Bretthauer, Kurt M.</creatorcontrib><creatorcontrib>Venkataramanan, M.A.</creatorcontrib><title>The value of virtual pooling in dual sales channel supply chains</title><title>European journal of operational research</title><description>Recently the most significant growth in online retailing has been attributed to traditional offline retailers extending their brands online. Unfortunately, there is little research addressing the value of better information in retail/e-tail organizations. To fill this gap, this paper examines how investing in the continuous monitoring of online demands and inventory positions can provide economic benefit for companies that handle both in-store and online sales. Specifically, we develop and evaluate two dynamic assignment policies that incorporate real time information to specify which of a firm’s e-fulfillment locations will handle each of its Internet sales. Computational results indicate that investing in dynamic assignment capability can reduce system cost (holding, backorder, and transportation) by as much as 8.2% over the optimal static policy. The percentage of sales occurring online plays a critical role in determining the magnitude of the benefit.</description><subject>Applied sciences</subject><subject>Assignment problem</subject><subject>Cost reduction</subject><subject>Dual sales channel</subject><subject>E-commerce</subject><subject>Electronic commerce</subject><subject>Exact sciences and technology</subject><subject>Information</subject><subject>Inventory control, production control. Distribution</subject><subject>Logistics</subject><subject>Operational research and scientific management</subject><subject>Operational research. Management science</subject><subject>Retailing</subject><subject>Studies</subject><subject>Supply chain management</subject><subject>Supply chain management E-commerce Dual sales channel</subject><issn>0377-2217</issn><issn>1872-6860</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2009</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNp9UMFq3DAUFKWFbtP8QE-m0KPdp2fZsqCHltCmpYFe0rOQpaeujGO7kr2wfx-ZDTlGMHoamBk9hrEPHCoOvP08VDTMsUIAWYGqoBav2IF3Esu2a-E1O0AtZYnI5Vv2LqUBAHjDmwP7en-k4mTGjYrZF6cQ182MxTLPY5j-FWEq3M6TGSkV9mimiTLblmU87zRM6T17482Y6PppXrG_P77f3_ws7_7c_rr5dldaIdVaoui5cLXwDvseu5qUMBYRau-8bAAbIgeonEMpe5EhO-VRiq5rfC86VV-xj5fcJc7_N0qrHuYtTvlLjSC4EG2LWYQXkY1zSpG8XmJ4MPGsOei9KD3ovSi9F6VB6VxUNv2-mCItZJ8dlE-WUtInXRuuMN_njGxVeYT9mbFkNC3XjWz0cX3IaZ-e9jTJmtFHM9mQnlMRJAhoZdZ9uegol3YKFHWygSZLLkSyq3ZzeGnpR1CRlpU</recordid><startdate>20090116</startdate><enddate>20090116</enddate><creator>Mahar, Stephen</creator><creator>Bretthauer, Kurt M.</creator><creator>Venkataramanan, M.A.</creator><general>Elsevier B.V</general><general>Elsevier</general><general>Elsevier Sequoia S.A</general><scope>IQODW</scope><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7SC</scope><scope>7TB</scope><scope>8FD</scope><scope>FR3</scope><scope>JQ2</scope><scope>L7M</scope><scope>L~C</scope><scope>L~D</scope></search><sort><creationdate>20090116</creationdate><title>The value of virtual pooling in dual sales channel supply chains</title><author>Mahar, Stephen ; Bretthauer, Kurt M. ; Venkataramanan, M.A.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c479t-24b14d34fd2bb283e94ac2203fdf75025eed029dd277b477b789f274885fb4893</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2009</creationdate><topic>Applied sciences</topic><topic>Assignment problem</topic><topic>Cost reduction</topic><topic>Dual sales channel</topic><topic>E-commerce</topic><topic>Electronic commerce</topic><topic>Exact sciences and technology</topic><topic>Information</topic><topic>Inventory control, production control. Distribution</topic><topic>Logistics</topic><topic>Operational research and scientific management</topic><topic>Operational research. Management science</topic><topic>Retailing</topic><topic>Studies</topic><topic>Supply chain management</topic><topic>Supply chain management E-commerce Dual sales channel</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Mahar, Stephen</creatorcontrib><creatorcontrib>Bretthauer, Kurt M.</creatorcontrib><creatorcontrib>Venkataramanan, M.A.</creatorcontrib><collection>Pascal-Francis</collection><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>Computer and Information Systems Abstracts</collection><collection>Mechanical & Transportation Engineering Abstracts</collection><collection>Technology Research Database</collection><collection>Engineering Research Database</collection><collection>ProQuest Computer Science Collection</collection><collection>Advanced Technologies Database with Aerospace</collection><collection>Computer and Information Systems Abstracts Academic</collection><collection>Computer and Information Systems Abstracts Professional</collection><jtitle>European journal of operational research</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Mahar, Stephen</au><au>Bretthauer, Kurt M.</au><au>Venkataramanan, M.A.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The value of virtual pooling in dual sales channel supply chains</atitle><jtitle>European journal of operational research</jtitle><date>2009-01-16</date><risdate>2009</risdate><volume>192</volume><issue>2</issue><spage>561</spage><epage>575</epage><pages>561-575</pages><issn>0377-2217</issn><eissn>1872-6860</eissn><coden>EJORDT</coden><abstract>Recently the most significant growth in online retailing has been attributed to traditional offline retailers extending their brands online. Unfortunately, there is little research addressing the value of better information in retail/e-tail organizations. To fill this gap, this paper examines how investing in the continuous monitoring of online demands and inventory positions can provide economic benefit for companies that handle both in-store and online sales. Specifically, we develop and evaluate two dynamic assignment policies that incorporate real time information to specify which of a firm’s e-fulfillment locations will handle each of its Internet sales. Computational results indicate that investing in dynamic assignment capability can reduce system cost (holding, backorder, and transportation) by as much as 8.2% over the optimal static policy. The percentage of sales occurring online plays a critical role in determining the magnitude of the benefit.</abstract><cop>Amsterdam</cop><pub>Elsevier B.V</pub><doi>10.1016/j.ejor.2007.09.034</doi><tpages>15</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0377-2217 |
| ispartof | European journal of operational research, 2009-01, Vol.192 (2), p.561-575 |
| issn | 0377-2217 1872-6860 |
| language | eng |
| recordid | cdi_proquest_journals_204144662 |
| source | RePEc; Access via ScienceDirect (Elsevier) |
| subjects | Applied sciences Assignment problem Cost reduction Dual sales channel E-commerce Electronic commerce Exact sciences and technology Information Inventory control, production control. Distribution Logistics Operational research and scientific management Operational research. Management science Retailing Studies Supply chain management Supply chain management E-commerce Dual sales channel |
| title | The value of virtual pooling in dual sales channel supply chains |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-14T07%3A40%3A47IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=The%20value%20of%20virtual%20pooling%20in%20dual%20sales%20channel%20supply%20chains&rft.jtitle=European%20journal%20of%20operational%20research&rft.au=Mahar,%20Stephen&rft.date=2009-01-16&rft.volume=192&rft.issue=2&rft.spage=561&rft.epage=575&rft.pages=561-575&rft.issn=0377-2217&rft.eissn=1872-6860&rft.coden=EJORDT&rft_id=info:doi/10.1016/j.ejor.2007.09.034&rft_dat=%3Cproquest_cross%3E1563367631%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=204144662&rft_id=info:pmid/&rft_els_id=S0377221707009927&rfr_iscdi=true |