Abstract

The paper discusses possible scenarios of cannibalization and how they challenge the retailer's operations. We focus especially on cannibalization of the same product in terms of quality and price. Scenarios of quality and price strategies are presented and based on these a conceptual replenishment model is developed. The paper concludes that the two main challenges for retailers are to optimize profit and to reduce waste. A possible strategy to obtain this may be to introduce dynamic pricing and replenishment decisions

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.