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

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

0.00 Avg rating0 Votes
Article ID: iaor20123202
Volume: 40
Issue: 6
Start Page Number: 906
End Page Number: 917
Publication Date: Dec 2012
Journal: Omega
Authors: ,
Keywords: agriculture & food, inventory, retailing, combinatorial optimization, programming: dynamic, quality & reliability
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.

Reviews

Required fields are marked *. Your email address will not be published.