Maximizing revenue of end of life items in retail stores

Nizar Zaarour, Emanuel Melachrinoudis and Marius M. Solomon

European Journal of Operational Research, 2016, vol. 255, issue 1, 133-141

Abstract: Classical and even contemporary global supply chains have been built to reduce lead times and minimize costs. That has led companies to compete on the value of their supply chains as a competitive weapon. In this new era, many enterprises are realizing that supply chains can be revenue producing and help their sustainability efforts.

Keywords: (P) pricing; Phase-out; Elasticity of demand; Markdown strategies (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:255:y:2016:i:1:p:133-141

DOI: 10.1016/j.ejor.2016.04.053

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