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.
Original language | English |
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Pages (from-to) | 906-917 |
Number of pages | 12 |
Journal | Omega |
Volume | 40 |
Issue number | 6 |
DOIs | |
Publication status | Published - Dec 2012 |
Keywords
- Perishable food
- Pricing
- Product tracing and tracking
- Quality deterioration
- Shelf life
- Waste reduction
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Information Systems and Management