Authors: David Winkelmann, Charlotte Köhler

Published on: April 05, 2024

Impact Score: 7.6

Arxiv code: Arxiv:2404.04097

Summary

• What is new: Introduction of a new subscription model approach that leverages the synergy between subscription offers and improved inventory planning for e-grocery retailers.
• Why this is important: E-grocery retailers face profitability challenges due to uncertainties in customer demand and the logistical complexities of managing perishable goods.
• What the research proposes: A three-step procedure for retailers to understand uncertainty costs, quantify the value of additional planning information, and implement profitability-enhancing subscription offers.
• Results: The approach ensures the development of sustainable subscription models that address inventory planning challenges and profitability in the e-grocery sector.

Technical Details

Technological frameworks used: nan

Models used: nan

Data used: nan

Potential Impact

E-grocery sector, potentially affecting companies like Amazon Fresh, Instacart, and traditional grocery chains moving towards online models.

Want to implement this idea in a business?

We have generated a startup concept here: SubGrocer.