A dynamic product quality evaluation based pricing model for perishable food supply chains

Xiaojun Wang and Dong Li

Omega, 2012, vol. 40, issue 6, 906-917

Abstract: Waste stemmed from inappropriate quality control and excessive inventories is a major challenge for perishable food management in grocery retail chains. Improvement of visibility and traceability in food supply chains facilitated by tracking and tracing technologies has great potential to improve operations efficiency. This research aims to reduce food spoilage waste and maximise food retailer's profit through a pricing approach based on dynamically identified food shelf life. The proposed model is evaluated through different pricing policies to exploit the benefits from utilising accurate product shelf life information captured through innovated tracking and monitoring technologies. Numerical analysis is conducted in an illustrative case study.

Keywords: Product tracing and tracking; Quality deterioration; Pricing; Perishable food; Shelf life; Waste reduction (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (71)

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DOI: 10.1016/j.omega.2012.02.001

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