Markdown Planning

Markdown Planning is a strategic retail pricing activity that involves the systematic reduction of initial merchandise prices over time to align inventory levels with consumer demand and maximize financial returns.

Publications

2.8K

Citations

131

Authors

Institutions

Publications per year

2017–2026

Parents

Retail Buying

Children

Assortment-based Markdown PlanningCategory-level Markdown PlanningDynamic Markdown SchedulingEnd-of-season Markdown ManagementFashion Retail Markdown PlanningInventory-driven Markdown PlanningLifecycle-based Markdown StrategyMarkdown Decision Support SystemsMarkdown Markup Trade-offsMarkdown Optimization Under Uncertainty

Publications

Purchasing, Pricing, and Quick Response in the Presence of Strategic Consumers

Gérard P. Cachon, Robert Swinney · Management Science · 2008 · 639 citations · Full text

Business, Business Economics, Economics +17

Managing retail channel overstock: markdown money and return policies

Andy A. Tsay · Journal of Retailing · 2001 · 194 citations

Business, Finance, Operations Management +16

Optimal Policies of Yield Management with Multiple Predetermined Prices

Youyi Feng, Baichun Xiao · Operations Research · 2000 · 172 citations

Management, Industrial Engineering, Operations Management +17

The Coordination of Fashion Supply Chains With a Risk-Averse Supplier Under the Markdown Money Policy

Bin Shen, Tsan‐Ming Choi, Yulan Wang et al. · IEEE Transactions on Systems Man and Cybernetics Systems · 2013 · 131 citations

Management, Operations Management, Supply Chain Management +15

Coordinating Clearance Markdown Sales of Seasonal Products in Retail Chains

Gabriel R. Bitran, René Caldentey, Susana Mondschein · Operations Research · 1998 · 115 citations

Management, Business Economics, Operations Management +17

1–5 of 50

Authors

131

TC
Tsan‐Ming Choi
Hong Kong Polytechnic University, Hong Kong SAR China
3 publications · 174 citations
3
h-index
SS
Stephen Shum
City University of Hong Kong, Hong Kong SAR China
2 publications · 176 citations
2
h-index
MJ
Michael J. Fry
University of Cincinnati, United States
2 publications · 62 citations
2
h-index
BS
Bin Shen
Donghua University, China
2 publications · 163 citations
2
h-index
AS
Amitabh S. Raturi
University of Cincinnati, United States
2 publications · 62 citations
2
h-index

1–5 of 131

Institutions

1–8 of 79

Venues

International Journal of Production Economics
5 publications · 305 citations
5
h-index
Operations Research
3 publications · 363 citations
3
h-index
European Journal of Operational Research
3 publications · 80 citations
3
h-index
International Journal of Production Research
3 publications · 72 citations
3
h-index
Management Science
3 publications · 766 citations
3
h-index

1–5