Drivers of Product Expiration in Consumer Packaged Goods Retailing
Product expiration is an important problem in the consumer packaged goods (CPG) industry costing 1%-2% of gross retail sales and eroding industry profits substantially. It can be caused by several factors related to store operations, supply chain practices, and product characteristics. Existing meth...
Main Authors: | Akkas, Arzum, Gaur, Vishal, Simchi-Levi, David |
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Other Authors: | Massachusetts Institute of Technology. Engineering Systems Division |
Format: | Article |
Language: | English |
Published: |
Institute for Operations Research and the Management Sciences (INFORMS)
2020
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Online Access: | https://hdl.handle.net/1721.1/125855 |
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