IDEAS home Printed from https://ideas.repec.org/a/pal/jorapm/v19y2020i6d10.1057_s41272-020-00242-6.html
   My bibliography  Save this article

Peculiar properties of the pricing process in customized furniture manufacturing enterprises

Author

Listed:
  • Birutė Mikulskienė

    (Mykolas Romeris University)

  • Julija Moskvina

    (Mykolas Romeris University)

Abstract

Personalization of the products became a growing trend and further expansion of customized production is predicted. So far, analysis of pricing process and pricing orientation of customized manufacturers operating in individual sectors has been rarely done. The analysis of the pricing process from the point of view of the make-to-order manufacturer operating in the furniture production segment is performed during the research. The present article contributes to knowledge about pricing by specifying the pricing trends emerging in customized manufacturing in the context of the present scientific resources and extends understanding of price integrity in the production chain.

Suggested Citation

  • Birutė Mikulskienė & Julija Moskvina, 2020. "Peculiar properties of the pricing process in customized furniture manufacturing enterprises," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 19(6), pages 411-420, December.
  • Handle: RePEc:pal:jorapm:v:19:y:2020:i:6:d:10.1057_s41272-020-00242-6
    DOI: 10.1057/s41272-020-00242-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41272-020-00242-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1057/s41272-020-00242-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Paul Ingenbleek & Marion Debruyne & Ruud T. Frambach & Theo M. M. Verhallen, 2003. "Successful New Product Pricing Practices: A Contingency Approach," Marketing Letters, Springer, vol. 14(4), pages 289-305, December.
    2. Kingsman, Brian & Hendry, Linda & Mercer, Alan & de Souza, Antonio, 1996. "Responding to customer enquiries in make-to-order companies Problems and solutions," International Journal of Production Economics, Elsevier, vol. 46(1), pages 219-231, December.
    3. Ilenia Zennaro & Serena Finco & Daria Battini & Alessandro Persona, 2019. "Big size highly customised product manufacturing systems: a literature review and future research agenda," International Journal of Production Research, Taylor & Francis Journals, vol. 57(15-16), pages 5362-5385, August.
    4. Magnus Johansson & Göran Olsson & Linn Andersson, 2017. "Value creation character and value assessment responsibility," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 16(1), pages 56-75, February.
    5. Song, D. P. & Hicks, C. & Earl, C. F., 2002. "Product due date assignment for complex assemblies," International Journal of Production Economics, Elsevier, vol. 76(3), pages 243-256, April.
    6. Kingsman, Brian G. & de Souza, Antonio Artur, 1997. "A knowledge-based decision support system for cost estimation and pricing decisions in versatile manufacturing companies," International Journal of Production Economics, Elsevier, vol. 53(2), pages 119-139, November.
    7. Chou, Jui-Sheng & Tai, Yian & Chang, Lian-Ji, 2010. "Predicting the development cost of TFT-LCD manufacturing equipment with artificial intelligence models," International Journal of Production Economics, Elsevier, vol. 128(1), pages 339-350, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Surbhi Upadhyay & Suresh Kumar Garg & Rishu Sharma, 2023. "Analyzing the Factors for Implementing Make-to-Order Manufacturing System," Sustainability, MDPI, vol. 15(13), pages 1-22, June.
    2. Mile Katic & Renu Agarwal, 2018. "The Flexibility Paradox: Achieving Ambidexterity in High-Variety, Low-Volume Manufacturing," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 19(1), pages 69-86, March.
    3. Zorzini, M. & Corti, D. & Pozzetti, A., 2008. "Due date (DD) quotation and capacity planning in make-to-order companies: Results from an empirical analysis," International Journal of Production Economics, Elsevier, vol. 112(2), pages 919-933, April.
    4. Cakravastia, Andi & Toha, Isa S. & Nakamura, Nobuto, 2002. "A two-stage model for the design of supply chain networks," International Journal of Production Economics, Elsevier, vol. 80(3), pages 231-248, December.
    5. Deng, S. & Yeh, Tsung-Han, 2011. "Using least squares support vector machines for the airframe structures manufacturing cost estimation," International Journal of Production Economics, Elsevier, vol. 131(2), pages 701-708, June.
    6. Hinterhuber, Andreas, 2017. "Value quantification capabilities in industrial markets," Journal of Business Research, Elsevier, vol. 76(C), pages 163-178.
    7. Rajagopal, 2006. "Fiscal Policy and Growth: The Case of the Spanish Regions," Economic Issues Journal Articles, Economic Issues, vol. 11(1), pages 9-24, March.
    8. Florian Steinbrenner & Jana Turčínková, 2021. "Industry-Specific Factors Impeding the Implementation of Value-Based Pricing," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 7(1), pages 27-46.
    9. Stephan M. Liozu, 2017. "Value-based pricing special issue: Editorial," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 16(1), pages 1-3, February.
    10. Henrich, Peter & Land, Martin & Gaalman, Gerard, 2006. "Grouping machines for effective workload control," International Journal of Production Economics, Elsevier, vol. 104(1), pages 125-142, November.
    11. Stephan M. Liozu, 2021. "The adoption of pricing from an organizational perspective and its impact on relative firm performance," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 20(4), pages 390-402, August.
    12. Boccali, Filippo & Mariani, Marcello M. & Visani, Franco & Mora-Cruz, Alexandra, 2022. "Innovative value-based price assessment in data-rich environments: Leveraging online review analytics through Data Envelopment Analysis to empower managers and entrepreneurs," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    13. Askarany, Davood & Yazdifar, Hassan, 2012. "An investigation into the mixed reported adoption rates for ABC: Evidence from Australia, New Zealand and the UK," International Journal of Production Economics, Elsevier, vol. 135(1), pages 430-439.
    14. Dolgui, Alexandre & Hashemi-Petroodi, S. Ehsan & Kovalev, Sergey & Kovalyov, Mikhail Y., 2021. "Profitability of a multi-model manufacturing line versus multiple dedicated lines," International Journal of Production Economics, Elsevier, vol. 236(C).
    15. Ebbing, Tobias & Lüthje, Christian, 2021. "Pricing decisions of consumer innovators," Research Policy, Elsevier, vol. 50(8).
    16. Neumann, Anas & Hajji, Adnene & Rekik, Monia & Pellerin, Robert, 2022. "A model for advanced planning systems dedicated to the Engineer-To-Order context," International Journal of Production Economics, Elsevier, vol. 252(C).
    17. Hinterhuber, Andreas & Kienzler, Mario & Liozu, Stephan, 2021. "New product pricing in business markets: The role of psychological traits," Journal of Business Research, Elsevier, vol. 133(C), pages 231-241.
    18. Zhang, Xiaochen & Zhang, Qingzhao & Ma, Shuangge & Fang, Kuangnan, 2022. "Subgroup analysis for high-dimensional functional regression," Journal of Multivariate Analysis, Elsevier, vol. 192(C).
    19. Rick Cardot & Dick Boland & Stephan M. Liozu, 2021. "Factors that contribute to managers becoming engaged in unintentional price war," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 20(4), pages 410-419, August.
    20. Linda Zhang & Carman K.M. Lee & Pervaiz Akhtar, 2020. "Towards customization: Evaluation of integrated sales, product, and production configuration," Post-Print hal-03276827, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jorapm:v:19:y:2020:i:6:d:10.1057_s41272-020-00242-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.