Introduction
Anna-Lena Sachs
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Anna-Lena Sachs: University of Cologne
Chapter Chapter 1 in Retail Analytics, 2015, pp 1-4 from Springer
Abstract:
Abstract Recent studies on food losses have caught attention to the large amounts of food discarded in industrialized countries due to consumer behavior and lack of supply chain coordination which leads to expired excess inventories (Gustavsson et al. 2011). A study by the United States Department of Agriculture found that 11.4 % fresh fruit, 9.7 % fresh vegetables, and 4.5 % fresh meat and seafood are wasted annually (Buzby et al. 2009). In Germany, 11 million tons of food are wasted per year (Kranert et al. 2012). The large amount of discarded food not only represents a waste of natural resources but causes also a monetary loss to consumers and retailers.
Keywords: Bakery Product; Optimal Order Quantity; Demand Distribution; Supply Chain Coordination; Perishable Product (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-319-13305-8_1
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DOI: 10.1007/978-3-319-13305-8_1
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