Understanding the Value of Fulfillment Flexibility in an Online Retailing Environment

References

• Acimovic J, Graves SC (2015) Making better fulfillment decisions on the fly in an online retail environment. Manufacturing Service Oper. Management 17(1):34–51.Link, Google Scholar
• Acimovic J, Graves SC (2017) Mitigating spillover in online retailing via replenishment. Manufacturing Service Oper. Management 19(3):419–436.Link, Google Scholar
• Asadpour A, Wang X, Zhang J (2020) Online resource allocation with limited flexibility. Management Sci. 66(2):642–666.Link, Google Scholar
• Axsäter S (2003) A new decision rule for lateral transshipments in inventory systems. Management Sci. 49(9):1168–1179.Link, Google Scholar
• Cattani KD, Souza GC (2002) Inventory rationing and shipment flexibility alternatives for direct market firms. Production Oper. Management 11(4):441–457.Crossref, Google Scholar
• Chen AI (2017) Large-scale optimization in online-retail inventory management. PhD thesis, Massachusetts Institute of Technology, Cambridge.Google Scholar
• Cooper WL (2002) Asymptotic behavior of an allocation policy for revenue management. Oper. Res. 50(4):720–727.Link, Google Scholar
• Dada M (1992) A two-echelon inventory system with priority shipments. Management Sci. 38(8):1140–1153.Link, Google Scholar
• Deshpande V, Cohen MA, Donahue K (2003) A threshold inventory rationing policy for service-differentiated demand classes. Management Sci. 49(6):683–703.Link, Google Scholar
• Ding Q, Kouvelis P, Milner J (2016) Inventory rationing for multiple class demand under continuous review. Production Oper. Management 25(8):1344–1362.Crossref, Google Scholar
• Fisher ML, Gallino S, Xu JJ (2019) The value of rapid delivery in omnichannel retailing. J. Marketing Res. 56(5):732–748.Crossref, Google Scholar
• Gallego G, Van Ryzin G (1997) A multiproduct dynamic pricing problem and its applications to network yield management. Oper. Res. 45(1):24–41.Link, Google Scholar
• Govindarajan A, Sinha A, Uichanco J (2018). Joint inventory and fulfillment decisions for omnichannel retail networks. Working paper, University of Michigan, Ann Arbor.Google Scholar
• Herer YT, Tzur M, Yücesan E (2002) Transshipments: An emerging inventory recourse to achieve supply chain leagility. Internat. J. Production Econom. 80(3):201–212.Crossref, Google Scholar
• Jaillet P, Lu X (2013) Online stochastic matching: New algorithms with better bounds. Math. Oper. Res. 39(3):624–646.Link, Google Scholar
• Jasin S, Sinha A (2015) An lp-based correlated rounding scheme for multi-item ecommerce order fulfillment. Oper. Res. 63(6):1336–1351.Link, Google Scholar
• Jordan W, Graves S (1995) Principles on the benefits of manufacturing process flexibility. Management Sci. 41(4):577–594.Link, Google Scholar
• Lee HL (1987) A multi-echelon inventory model for repairable items with emergency lateral transshipments. Management Sci. 33(10):1302–1316.Link, Google Scholar
• Lei Y, Jasin S, Sinha A (2018) Joint dynamic pricing and order fulfillment for e-commerce retailers. Manufacturing Service Oper. Management 20(2):269–284.Link, Google Scholar
• Lien RW, Iravani SM, Smilowitz K, Tzur M (2011) An efficient and robust design for transshipment networks. Production Oper. Management 20(5):699–713.Crossref, Google Scholar
• Littlewood K (1972) Forecasting and control of passenger bookings. Airline Group International Federation of Operationa Research Societies Proceedings, 12:95–117.Google Scholar
• Manshadi VH, Gharan SO, Saberi A (2012) Online stochastic matching: Online actions based on offline statistics. Math. Oper. Res. 37(4):559–573.Link, Google Scholar
• National Bureau of Statistics of China (2018). Total retail sales of consumer goods in December. http://www.stats.gov.cn/english/pressrelease/201801/t20180126_1577681.html.Google Scholar
• Paterson C, Kiesmüller G, Teunter R, Glazebrook K (2011) Inventory models with lateral transshipments: A review. Eur. J. Oper. Res. 210(2):125–136.Crossref, Google Scholar
• Rosales CR, Rao US, Rogers DF (2013) Retailer transshipment vs. central depot allocation for supply network design. Decision Sci. 44(2):329–356.Crossref, Google Scholar
• Tagaras G (1999) Pooling in multi-location periodic inventory distribution systems. Omega 27(1):39–59.Crossref, Google Scholar
• Talluri KT Van Ryzin GJ (2006) The Theory and Practice of Revenue Management, vol. 68. (Springer Science & Business Media, New York).Google Scholar
• Topkis DM (1968) Optimal ordering and rationing policies in a nonstationary dynamic inventory model with n demand classes. Management Sci. 15(3):160–176.Link, Google Scholar
• US Department of Commerce 2018. Quarterly retail e-commerce sales 4th quarter 2017. Press Release. https://www2.census.gov/retail/releases/historical/ecomm/17q4.pdf.Google Scholar
• Van Wijk ACC, Adan IJBF, van Houtum GJ (2012) Approximate evaluation of multi-location inventory models with lateral transshipments and hold back levels. Eur. J. Oper. Res. 218(3):624–635.Crossref, Google Scholar
• Wei L, Kapuscinski R, Jasin S (2020) Shipping consolidation across two warehouses with delivery deadline and expedited options for e-commerce and omni-channel retailers. Manufacturing Service Oper. Management, ePub ahead of print October 12, https://doi.org/10.1287/msom.2020.0903.Google Scholar
• Xu PJ, Allgor R, Graves SC (2009) Benefits of reevaluating real-time order fulfillment decisions. Manufacturing Service Oper. Management 11(2):340–355.Link, Google Scholar
• Xu Z, Zhang H, Zhang J, Zhang RQ (2020) Online demand fulfillment under limited flexibility. Management Sci. 66(10):4667–4685.Link, Google Scholar
• Zhao H, Deshpande V, Ryan JK (2005) Inventory sharing and rationing in decentralized dealer networks. Management Sci. 51(4):531–547.Link, Google Scholar
• Zhao H, Deshpande V, Ryan JK (2006) Emergency transshipment in decentralized dealer networks: When to send and accept transshipment requests. Naval Res. Logist. 53(6):547–567.Crossref, Google Scholar