2010 5th annual Behavioral Operations Management Conference | ||
Best Presentation : | Keynote footage : | |
"Understanding Supply Chain Replenishment Decisions" | ||
Luis Herrero (Zaragoza), Santiago Kraiselburd (Zaragoza), Rogelio Oliva (T A&M, Zaragoza), Noel Watson (Zaragoza) | ||
Despite the growing use of supply chain management information systems to automate companies, inventory replenishment decisions, managers are still responsible for these decisions and often have authority to approve/modify the final replenishment decisions. There is evidence that biases, e.g., psychological or incentive related, affect these replenishment decisions. In this paper we present the results of a study of a retailer that has an automatic store ordering system but that allows category managers to override the system's decisions. Our data consists of over 300,000 decisions made by 60 managers over a period of several months. A more systematic understanding of how and when these biases affect decision making along with their consequences would benefit companies as they seek to improve their inventory decision making capability. | ||
Assorted Snapshots |
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Christoph Loch - Widening the Lens (part 1) |
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