VENDOR‐OWNED INVENTORY MANAGEMENT ARRANGEMENTS IN RETAIL: AN AGENCY THEORY PERSPECTIVE
比较了零售业三种供应商自有库存管理安排(寄售、按扫描付款和基于扫描交易),从代理理论视角揭示零售商与供应商关系的不同特征,对供应链管理实践有参考价值。
This paper undertakes two related tasks to augment current understanding regarding vendor‐owned inventory management (VOIM) arrangements implemented in the retail industry. The first task formally juxtaposes three prevalent forms of VOIM arrangements (i.e., Consignment, Pay‐On‐Scan, and Scan‐Based Trading) to one another and identifies three dimensions (i.e., Relevant Data Visibility, Timeliness of Information Release, and Shrink Responsibility) that serve to discriminate among them. The second task applies an Agency Theory lens to uncover differing profiles of characteristics underlying the retailer‐vendor relationship across the Consignment, Pay‐On‐Scan, and Scan‐Based Trading arrangements. These conceptual results contribute to and have implications for the science and practice of VOIM arrangements in the retail industry.