Research Project Updates
Describes current research project updates for the ARC Training Centre for Food & Beverage Supply Chain Optimisation.
Judgemental Forecasting: Behavioural Driven Adjustmenst in Light of Sales Promotions
This research aims to investigate the degree to which sales promotions can impact judgemental demand forecast adjustments, and subsequently, inventory replenishment decisions. A series of semi-structured interviews are conducted in Coca-Cola Amatil, Australia, and an experiment is designed to explore key behavioural factors that cause inefficiencies for decision makers to accurately adjust outputs derived from statistical models.
List includes recent publications relating to current research projects for the ARC Training Centre for Food & Beverage Supply Chain Optimisation.
Optimisation of aqueous extraction conditions for the recovery of phenolic compounds and antioxidants from lemon pomace
John B. Golding
The aim of this study was to optimise the aqueous extraction conditions for the recovery of phenolic compounds and antioxidant capacity of lemon pomace using response surface methodology. An experiment based on Box–Behnken design was conducted to analyse the effects of temperature, time and sample-to-water ratio on the extraction of total phenolic compounds, total flavonoids, proanthocyanidins and antioxidant capacity. Sample-to-solvent ratio had a negative effect on all the dependent variables, while extraction temperature and time had a positive effect only on TPC yields and ABTS antioxidant capacity. The optimal extraction conditions were 95 °C, 15 min and a sample-to-solvent ratio of 1:100 g mL-1. Under these conditions, the aqueous extracts had the same content of TPC and TF as well as antioxidant capacity in comparison with those of methanol extracts obtained by sonication. Therefore, these conditions could be applied for further extraction and isolation of phenolic compounds from lemon pomace.
International Journal of Food Science and Technology 2016
Effects of Judgmental Forecasting and Adjustments on Packaging Operations
This research, which falls under the scope of behavioural operations management, investigates the effect of judgmental sales/demand forecasting and adjustments on the supply chain. The effect of promotional activities and multiple judgmental adjustments to the forecasts are main point of investigation in this regard. The study intends to deploy a field experiment to understand the above phenomena at SunRice placing a special emphasis on their packaging operations, to understand how judgmental forecasts for the end product trickles down to packaging forecasts.
Reference - Perera H.N., Fahimnia B., Reisi M., Bendoly E. and Craig N. 2016 ‘Effects of judgmental forecasting on packaging operations of rice products', Production and Operations Management Society Annual Conference (POMS 2016), Orlando, United States, May 2016.
Effects of judgmental forecasting on packaging operations of rice products
This research investigates how biases and inefficiencies from behavioural forecast adjustments can influence packaging operations and the associated packaging wastes in a perishable product supply chain. A set of semi-structured interviews are conducted in an Australian rice producer to understand the underlying factors and facilitate further experimental investigation.
Production and Operations Management Society Annual Conference (POMS 2016), Orlando, United States, May 2016.
Channel Coordination when Manufacturers and Retailers Compete
As a mighty soft drink producer, Coca-Cola is in the position to impose her decisions on almost all upstream suppliers, but when it comes to downstream retailers the power balance is gradually shifting these days. The giant supermarkets with their own private brands, advertising campaigns, product assortment, and promotion designs are able to redirect the flow of consumers to any targeted brand. However, with the competition between supermarkets and the brand image Coca-Cola still plays her cards, but she should not forget PepsiCo.
Our aim is to analyse the coordination and competition between manufacturers and retailers specifically Coca-Cola Amatil, PepsiCo, Woolworth, and Coles using game theory approaches. To do so, we need to explore the factors which contribute to consumers’ behaviour, demand, and market share consequently. Moreover, we need to investigate the key elements which play role in manufacturer-retailer negotiations and split of profit eventually.