A process for evaluating retail store efficiency: a restricted DEA approach

Citation
Rr. Thomas et al., A process for evaluating retail store efficiency: a restricted DEA approach, INT J RES M, 15(5), 1998, pp. 487-503
Citations number
54
Categorie Soggetti
Economics
Journal title
INTERNATIONAL JOURNAL OF RESEARCH IN MARKETING
ISSN journal
01678116 → ACNP
Volume
15
Issue
5
Year of publication
1998
Pages
487 - 503
Database
ISI
SICI code
0167-8116(199812)15:5<487:APFERS>2.0.ZU;2-2
Abstract
A managerial process is developed for assessing the efficiency of 552 indiv idual stores for a multi-store, multi-market retailer employing Data Envelo pment Analysis (DEA). Incorporating assurance regions into a DEA model allo wed for a more complete specification of inputs and outcomes than usually f ound in DEA applications. This procedure permitted the researchers to captu re top management's strategic thinking. Practical usefulness of the process ' results is illustrated with respect to two management issues: evaluating store managers and identifying critical success factors (CSFs). (C) 1998 Pu blished by Elsevier Science B.V. All rights reserved.