Title :
The buy-back policy of perishable product with different retailers
Author :
Xu, Lei ; Shi, Dan
Author_Institution :
Bus. Sch., NanKai Univ., Tianjin, China
Abstract :
Manufactures usually adopt variable sales policies to deal with variable retailers. For perishable products, retailers make inventory management strategic to optimize their revenue. In this article, the problem of product buy-back in the supply chain is considered with demand uncertainty. We also provide what is the best time to take buy-back.
Keywords :
inventory management; optimisation; purchasing; retailing; reverse logistics; sales management; supply chains; demand uncertainty; inventory management; perishable products; product buy-back policy; revenue optimization; supply chain; variable retailers; variable sale policies; Contracts; Inventory management; Marketing and sales; Pricing; Safety; Stochastic processes; Supply chains; Different Retailers; Inventory Management; Newsvendor Model; Perishable Product;
Conference_Titel :
Service Systems and Service Management (ICSSSM), 2011 8th International Conference on
Conference_Location :
Tianjin
Print_ISBN :
978-1-61284-310-0
DOI :
10.1109/ICSSSM.2011.5959365
