Working Papers

• Santiago Kraiselburd, and Noel Watson. "Alignment in Cross-Functional and Cross-Firm Supply Chain Planning." Harvard Business School Working Paper, No. 07-058, 2007.In this paper, we seek to use quantitative models to help appreciate the behavioral processes associated with successful departmental integration in supply/demand planning.

• Kyle Hyndman, Santiago Kraiselburd, and Noel Watson. “Coordination in Supply Chains when Demand Forecasts are not Common Knowledge: Theory and Experiment”. Working Paper. In this paper, we present a simple coordination game where an upstream and a downstream party have different demand forecasts. We run a set of experiments with live subjects to find out which strategies subjects play, whether subjects learn from each other, etc. Under revisions, MSOM.

• Alejandro Serrano, Santiago Kraiselburd, and Rogelio Oliva. “Ordering Decisions and Cost of Capital” Working paper. The paper addresses the following questions: What is the link between inventory decisions and the value of the firm? How is a firm’s level of inventory related to its risk? How can ordering decisions affect a firm’s stock price?

• Alejandro Serrano, Santiago Kraiselburd, and Rogelio Oliva. “Risk Propagation in Supply Chains” Working paper. The paper addresses the following questions: How do changes in ordering and payment decisions by companies affect bankruptcy costs across the members of a supply chain? Do we predict an amplification of financial flows variability across a supply chain, just like the bullwhip effect predicts such amplification in orders and stocks?

• Santiago Kraiselburd and Mustafa Çagri Gürbüz. “When is Vendor Managed Inventory Good for the Retailer? Impact of Relative Margins and Substitution Rates” Working Paper. In a supply chain with two manufacturers who sell competing products through one common retailer, the paper discusses when the retailer would benefit from Vendor Managed Inventory and when it would not.

• Santiago Kraiselburd and Mustafa Çagri Gürbüz. “Who Should Take Over Operations in a Supply Chain? The Effect of Retailer, Manufacturer Efforts, and Specificity.” Working paper. The paper considers a two stage supply chain and discusses the full range of possible interactions between the two parties, going from no contract to vertical integration, developing a framework to determine the best choice under different scenarios.

• Luis Herrero Riaño, Santiago Kraiselburd and Noel Watson. “The Union of the Human and the Machine: a New Frontier in Retail Supply Chain Management”. Work in process. An extensive empirical study of the decisions made by category managers overruling an automated store ordering system. We have a total of 300,000 overruling decisions made by 60 managers during many months, and extensive data about the general environment (including the system´s original decision). Several papers in process.