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The past, present, and future of retail analytics: Insights from a survey of academic research and interviews with practitioners
Indexado
WoS WOS:000847933000001
Scopus SCOPUS_ID:85137195254
DOI 10.1111/POMS.13811
Año 2022
Tipo artículo de investigación

Citas Totales

Autores Afiliación Chile

Instituciones Chile

% Participación
Internacional

Autores
Afiliación Extranjera

Instituciones
Extranjeras


Abstract



We document the evolution of academic research through a bibliometric analysis of 123 retail analytics articles published in top operations management journals from 2000 to 2020. We isolate nine decision areas via manual coding that we verify using automated text analysis (topic modeling). We track variation across decision areas and method-usage evolution per analytics type, featuring the degree to which big data (e.g., clickstream, social media, product reviews) and analytics suited for these new data sources (e.g., machine learning) are used. Our analysis reveals a rapidly growing field that is evolving in terms of content (decisions, retail sector), data, and methodology. To determine the state of practice, we interviewed global practitioners on the current use of retail analytics. These interviews shed light on the barriers and enablers of adopting advanced analytics in retail. They also highlight what sets companies on the frontier (e.g., Amazon, Alibaba, Walmart) apart from the rest. Combining the insights from our survey of academic research and interviews with practitioners, we provide directions for future academic research that take advantage of the availability of big data.

Métricas Externas



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Disciplinas de Investigación



WOS
Engineering, Manufacturing
Operations Research & Management Science
Scopus
Industrial And Manufacturing Engineering
Management Of Technology And Innovation
Management Science And Operations Research
SciELO
Sin Disciplinas

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Publicaciones WoS (Ediciones: ISSHP, ISTP, AHCI, SSCI, SCI), Scopus, SciELO Chile.

Colaboración Institucional



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Autores - Afiliación



Ord. Autor Género Institución - País
1 Rooderkerk, Robert P. Hombre Erasmus Univ - Países Bajos
Erasmus Universiteit Rotterdam - Países Bajos
Rotterdam School of Management, Erasmus University - Países Bajos
2 DeHoratius, Nicole Mujer UNIV CHICAGO - Estados Unidos
The University of Chicago Booth School of Business - Estados Unidos
3 Musalem, Andres Hombre Universidad de Chile - Chile
Instituto Sistemas Complejos de Ingeniería - Chile

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Financiamiento



Fuente
FONDECYT
ANID
ANID Fondecyt
Agencia Nacional de Investigación y Desarrollo

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Agradecimientos



Agradecimiento
ANID, Grant/Award Numbers: AFB180003, Fondecyt 1221554
We gratefully recognize the excellent research assistance of Yvanca de Graaf. We also thank participants of the 2020 Annual EURO Working Group on Retail Operations, the 2021 Annual KÜMPEM conference, and the 2022 MSOM conference. We are indebted to our panel of industry experts, as well as to Marshall Fisher, Ananth Raman and Anna Sheen for providing access to members of the Consortium for Operational Excellence in Retailing (COER). In addition, we would like to thank Sebastian Gabel for constructive comments on earlier drafts of the manuscript. Andrés Musalem acknowledges partial funding from ANID AFB180003 and from ANID Fondecyt 1221554.

Muestra la fuente de financiamiento declarada en la publicación.