Prof. Maxime Cohen named as SCALE AI Research Chair in Data Science for Retail
Congratulations to Professor Maxime Cohen, co-director of the Bensadoun School of Retail Management’s retail innovation lab, for being awarded the SCALE AI Research Chair in Data Science for Retail.
This holiday season is make-or-break for retailers
In light of ongoing supply chain bottlenecks and labour shortages, businesses may not offer their deepest discounts this holiday season. According to Professor Saibal Ray, the Academic Director of the Bensadoun School of Retail Management, 2021 sales will signal whether many retailers can stay afloat despite production delays.
Delve podcast: New Normal: Climate Change and the Supply Chain with Sanjith Gopalakrishnan
Carbon emissions from a typical company’s supply chain are on average 5.5 times that of direct emissions, including from facilities and company vehicles. In certain sectors such as retail and food & beverage, that ratio goes up to 10 or 20 times. Reducing the environmental impact of supply chain emissions depends on both public pressure and government regulation.
Shedding light on the supply chain dilemma
As retailers anticipate a welcome uptick in sales amid the holiday shopping season, manufacturing and delivery delays continue to limit just how much profit retailers can expect.
Solving for the economic impact of Airbnb rentals
In a new paper, Professor Maxime Cohen and his colleagues find that rental platforms like Airbnb help increase real estate investment and economic development in the long term. While jurisdictions like New York City have issued city-wide bans on these short-term rentals, primarily due to housing shortages, the researchers recommend establishing guidelines that meet community needs on a more local basis.
Desautels’ Juan Camilo Serpa earns Principal’s Prize for Excellence in Teaching
Juan Camilo Serpa, Associate Professor of Operations Management, was recently recognized with the Principal’s Prize for Excellence in Teaching for an approach that engages students by asking them to use data analytics to see familiar data in novel ways.
Slowing the vehicle supply chain
In the race to cut down on global carbon emissions, many experts are turning their attention to automotive manufacturers and their customers. As a potential solution to slowing the vehicle supply chain, Professor Saibal Ray, Academic Director at the Bensadoun School of Retail Management, suggests a collective pivot toward car rentals or other ride-share services in place of purchasing personal vehicles.
Finding solutions for fair, online pricing
With e-commerce here to stay, dynamic pricing algorithms are adjusting what individual consumers pay for their items online using a complex system of price comparisons and purchase histories.
Online-Exclusive or Hybrid? Channel Merchandising Strategies for Ship-to-Store Implementation
Authors: N. Ertekin, Mehmet Gumus, and M.E. Nikoofal
Publication: Management Science, Forthcoming
Abstract:
An Empirical Analysis of Intra-Firm Product Substitutability in Fashion Retailing
Authors: E. Ergin, Mehmet Gumus, and N. Yang
Publication: Production and Operations Management, Forthcoming
Abstract:
Incentives and Emission Responsibility Allocation in Supply Chains
Authors: Sanjith Gopalakrishnan, D. Granot, F. Granot, G. Sošić, and H. Cui
Publication: Management Science, Volume 67, Issue 7, July 2021, Pages 4172-4190
Abstract:
In-store technology is transforming retail spaces
Throughout the pandemic, in-store technologies like price-check kiosks and self-checkout have created a more convenient shopping experience for consumers and provided retailers with greater access to valuable data on shopping habits. But consumers are concerned about privacy, and retailers may not have the necessary resources to purchase and upkeep in-store tech.
How to reform tax opportunity zones
Professor Maxime Cohen joins Boston College’s Dmitry Mitrofanov to weigh in on tax opportunity zones in the U.S. Designed to generate cash flow in lower-income areas, opportunity zone programs have proven useful for both residential and corporate real estate developers. On the other hand, these programs would benefit from clearer metrics and more adaptable protocols for identifying communities in which to invest.
Professor Cohen awarded 2021 NSERC Discovery Grant
Maxime Cohen, Professor of Retail and Operations Management awarded 2021 NSERC Discovery Grant
Frictionless shopping pays off
As convenient becomes more synonymous with contactless, Professor Saibal Ray, Academic Director of the Bensadoun School of Retail Management, sees a wealth of opportunity for retailers to innovate.
By providing more digital options, both in-store and online, retailers can set the stage for a boost in sales and customer loyalty that exceeds their investment in technology upgrades.
