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All Outputs (12)

Maximizing Profit and Minimizing Waste with Buy-x-Get-y-Free Promotion Policies During Clearance Sales (2025)
Journal Article
Liu, F., & Sainathan, A. (online). Maximizing Profit and Minimizing Waste with Buy-x-Get-y-Free Promotion Policies During Clearance Sales. Production and Operations Management, https://doi.org/10.1177/10591478251323794

Maximizing profit and minimizing waste (leftover inventory) can be two conflicting objectives during clearance sales. BxGy policies (buy x units at full price and get y units free) are popular promotion policies for achieving these objectives. We con... Read More about Maximizing Profit and Minimizing Waste with Buy-x-Get-y-Free Promotion Policies During Clearance Sales.

Supply Chain Resilience: A Review from the Inventory Management Perspective (2024)
Journal Article
Guo, Y., Liu, F., Song, J.-S., & Wang, S. (online). Supply Chain Resilience: A Review from the Inventory Management Perspective. Fundamental Research, https://doi.org/10.1016/j.fmre.2024.08.002

The COVID-19 pandemic has exposed vulnerabilities in global supply chains, leading to economic damage and product shortages caused by demand surges and supply disruptions. Concurrently, geopolitical conflicts and the rising frequenc... Read More about Supply Chain Resilience: A Review from the Inventory Management Perspective.

Optimal Policies and Heuristics To Match Supply With Demand For Online Retailing (2024)
Journal Article
Denga, Q., Lic, X., Fong Limd, Y., & Liu, F. (2024). Optimal Policies and Heuristics To Match Supply With Demand For Online Retailing. Manufacturing & Service Operations Management, 26(5), 1587-1979. https://doi.org/10.1287/msom.2021.0394

Problem definition: We consider an online retailer selling multiple products to different zones over a finite horizon with multiple periods. At the start of the horizon, the retailer orders the products from a single supplier and stores them at multi... Read More about Optimal Policies and Heuristics To Match Supply With Demand For Online Retailing.

Should Only Popular Products Be Stocked? Warehouse Assortment Selection for E-Commerce Companies (2024)
Journal Article
Li, X., Lin, H., & Liu, F. (2024). Should Only Popular Products Be Stocked? Warehouse Assortment Selection for E-Commerce Companies. Manufacturing & Service Operations Management, 26(4), 1372-1386. https://doi.org/10.1287/msom.2022.0428

Problem definition: This paper studies the single-warehouse assortment selection problem that aims to minimize the order fulfillment cost under the cardinality constraint. We propose two fulfillment-related cost functions corresponding to spillover f... Read More about Should Only Popular Products Be Stocked? Warehouse Assortment Selection for E-Commerce Companies.

Pre-positioning and Deployment of Reserved Inventories in a Supply Network: Structural Properties (2019)
Journal Article
Guo, P., Liu, F., & Wang, Y. (2020). Pre-positioning and Deployment of Reserved Inventories in a Supply Network: Structural Properties. Production and Operations Management, 29(4), 893-906. https://doi.org/10.1111/poms.13142

We study a two-stage decision problem, namely, the allocation and deployment of reserved inventories (RIs) in a supply network with random demand surges. The demand surge follows a time-dependent stochastic process and our objective is to minimize th... Read More about Pre-positioning and Deployment of Reserved Inventories in a Supply Network: Structural Properties.

Optimal periodic flexible policies for two-stage serial supply chains (2018)
Journal Article
Liu, F., & Gavirneni, S. (2018). Optimal periodic flexible policies for two-stage serial supply chains. European Journal of Operational Research, 268(1), 148-160. https://doi.org/10.1016/j.ejor.2018.01.004

In a two-stage serial supply chain, a periodic flexible policy (PF policy) allows the retailer to receive fixed orders that may depend on demand history in one period of the ordering cycle and order freely in other periods. Existing literature has sh... Read More about Optimal periodic flexible policies for two-stage serial supply chains.

Coordinating a Semi-Centralized Global Production Network Through Different Levels of Headquarters Involvement (2016)
Journal Article
Liu, F., & Song, J. (2017). Coordinating a Semi-Centralized Global Production Network Through Different Levels of Headquarters Involvement. Production and Operations Management, 26(2), 305-319

Motivated by our experience with a global company, we propose and study the concept of a semi-centralized supply chain and analyze its coordination issues. We focus on a supply chain consisting of a home plant and a foreign branch, both of which are... Read More about Coordinating a Semi-Centralized Global Production Network Through Different Levels of Headquarters Involvement.