Academic Journal

Towards a value-in-use view of retail stockout costs.

التفاصيل البيبلوغرافية
العنوان: Towards a value-in-use view of retail stockout costs.
المؤلفون: Thomas, Rodney1 (AUTHOR) rthomas@walton.uark.edu
المصدر: International Journal of Physical Distribution & Logistics Management. 2025, Vol. 55 Issue 1, p49-67. 19p.
مصطلحات موضوعية: *INVENTORY theory, *CHAIN stores, *SUPPLY chains, *MARKETING research, AUTHORSHIP in literature
مستخلص: Purpose: The purpose of this perspective paper is to theorize a more comprehensive view of retail stockout costs and explore the potential operationalization of this perspective for improved supply chain decisions and resulting performance. Design/methodology/approach: The retail stockout literature is reviewed to summarize the current types of out-of-stock costs. Theoretical foundations of Service Dominant Logic are suggested as a more holistic, accurate and useful view for stockout cost conceptualization. Market Basket Analysis and Real Options Analysis are identified as tools to help operationalize a revised value-in-use approach to stockout costs. Findings: This research enhances our understanding of stockout costs and corresponding managerial actions with meaningful implications for retail supply chain performance. Originality/value: This research deviates from traditional inventory theory to provide a unique perspective on stockout costs that is conceptualized within the literature and operationalized with the novel combination of cross-functional analytical tools. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Business Source Index
الوصف
تدمد:09600035
DOI:10.1108/IJPDLM-03-2024-0133