Martínez de Albéniz, Victor

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  Big data to help predict social exclusion

Martínez de Albéniz, Victor; Echave Martínez, Cynthia Just as businesses can use big data to anticipate consumer behavior and optimize profits, social enterprises and governments can use it to predict social vulnerability and fight poverty. But the disruptive impact of COVID-19 may require retraining the models. Read article

  Designing the optimal supply base: how many suppliers?

Martínez de Albéniz, Victor; Wang, Jiao Designing an optimal supply base is challenging, especially for fashion apparel retailers and other companies with many innovative products. New research proposes a modeling framework that can help determine the optimal supply-base size depending on certain circumstances. Read article

  How to Optimize Your Assortment Strategy to Reduce Suppliers' Prices

Heese, Sebastian; Martínez de Albéniz, Victor For retailers, rationalizing inventory assortment makes sense to optimize profits, adjusting supply to demand. But note that assortment strategies can also be used to drive competition between suppliers for better pricing, as Víctor Martínez de Albéniz and Sebastian Heese explain. Read article

  Mathematical Models for Fine Arts

Martínez de Albéniz, Victor; Valdivia, Ana Even art museums can benefit from the quantitative methods developed to optimize retail sales, says professor Víctor Martínez de Albéniz. To boost museum traffic, here are some tips for planning exhibits -- and suggestions for further applications in theater, TV news and beyond. Read article

  The Perils of More Flexible Supply Chains

Martínez de Albéniz, Victor; Calvo, Eduard Received wisdom tells operations managers that supply chains should be flexible and responsive above all. But does this make dual sourcing better than forging a single sourcing relationship? IESE's Víctor Martínez de Albéniz and Eduard Calvo look to connect pricing, profits and flexibility. Read article

  Pennies From Heaven: How to Boost Rainy-Day Sales by 2 Percent

Belkaid, Abdel; Martínez de Albéniz, Victor Is there a sunny side to rainy days? Could bad weather lift retail profits? IESE's Víctor Martínez de Albéniz shows how adjusting prices according to the weather could translate to a 2 percent uptick in retail sales. Read article

  The Nuts and Bolts of Fast Fashion

Caro, Felipe; Martínez de Albéniz, Victor The secret to Zara's success? The fast-fashion business model is explained by two operations experts -- including its operational pillars and fundamental long-term concerns. And now that fast fashion has revolutionized the apparel industry, what is next? The professors look to music, movies, food and even consumer electronics. Read article

  Win-Win-Win With Split-Award Auctions

Chaturvedi, Aadhaar; Beil, Damian R.; Martínez de Albéniz, Victor In their paper "Split-Award Auctions for Supplier Retention," IESE's Victor Martínez de Albéniz and co-authors explain their model to help create a win-win-win situation for buyers, their suppliers and the entire supply chain in industries with fluctuating costs, such as electronics. Read article

  How Fast Fashion Works: Can It Work for You, Too? Premium

Caro, Felipe; Martínez de Albéniz, Victor This article walks readers through a more precise, illuminating definition of fast fashion as a business model. The authors also suggest possible applications of the fast-fashion model to other industries, and they mention the ethical and environmental concerns associated with it. Read article

  Food Industry Still Choking on Horse Meat Scandal

Martínez de Albéniz, Victor; Chaturvedi, Aadhaar The horse meat scandal of 2013 seriously dented public trust in the European food industry, and embroiled many producers, suppliers and supermarkets in lawsuits over who was to blame. A case study by IESE's Victor Martínez de Albéniz and Aadhaar Chaturvedi, of the University of Namur, examines the events that led to this crisis, which remains hard for many consumers to swallow. Read article
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