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Inventory management and loss in beer retailing
Agribusiness ( IF 2.1 ) Pub Date : 2022-04-05 , DOI: 10.1002/agr.21740
Timothy J. Richards 1 , Stephen F. Hamilton 2
Affiliation  

Food waste, or loss, at the wholesale and retail levels accounts for some 40% of the total amount of supply-chain waste. While zero waste is never optimal, there are managerial variables that contribute to the level of loss. In this paper, we use data from a large beverage distributor to estimate the most important causes of loss, and investigate which can be controlled in an economically-viable way. Controlling for a range of important environmental (uncontrollable) variables, we find that competitive pricing, case sets, assortment size, package size, and inefficiency are the most important determinants of loss. However, our most important finding highlights the importance of “discretion over rules” in inventory management as salesforce discretion in delivering less-than-ordered amounts is statistically important and one of the only ways management can directly influence supply-chain loss. Our findings contribute to the growing literature on food and beverage supply-chain sustainability, food loss and waste, and inventory management. As such, our findings are likely to be of interest to both managers in the food and beverage supply chain (manufacturers, distributors, and retailers) and policy makers interested in reducing food and beverage loss and improving food system sustainability. [EconLit Citations: D43, L13, M31].

中文翻译:

啤酒零售中的库存管理和损失

批发和零售层面的食物浪费或损失约占供应链浪费总量的 40%。虽然零浪费从来都不是最优的,但有一些管理变量会导致损失水平。在本文中,我们使用来自大型饮料分销商的数据来估计损失的最重要原因,并调查哪些可以以经济可行的方式进行控制。控制一系列重要的环境(不可控)变量,我们发现有竞争力的定价、案例集、分类大小、包装大小和低效率是损失的最重要决定因素。然而,我们最重要的发现强调了库存管理中“规则自由裁量权”的重要性,因为销售人员在交付少于订单数量方面的自由裁量权在统计上很重要,并且是管理层可以直接影响供应链损失的唯一方法之一。我们的研究结果有助于增加关于食品和饮料供应链可持续性、食品损失和浪费以及库存管理的文献。因此,我们的研究结果可能会引起食品和饮料供应链中的管理者(制造商、分销商和零售商)以及对减少食品和饮料损失和提高食品系统可持续性感兴趣的政策制定者的兴趣。[EconLit 引文:D43、L13、M31]。粮食损失和浪费,以及库存管理。因此,我们的研究结果可能会引起食品和饮料供应链中的管理者(制造商、分销商和零售商)以及对减少食品和饮料损失和提高食品系统可持续性感兴趣的政策制定者的兴趣。[EconLit 引文:D43、L13、M31]。粮食损失和浪费,以及库存管理。因此,我们的研究结果可能会引起食品和饮料供应链中的管理者(制造商、分销商和零售商)以及对减少食品和饮料损失和提高食品系统可持续性感兴趣的政策制定者的兴趣。[EconLit 引文:D43、L13、M31]。
更新日期:2022-04-05
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