04/09/2026
We were honored to host Prof. Panos Kouvelis from Washington University for today's HKUST Li & Fung Supply Chain Institute Seminar. His talk, "Buy Now Pay Later (BNPL): The Hidden Effects of Consumer Liquidity on Retail Prices and Inventories," provided compelling insights into how BNPL contracts reshape retail pricing and inventory decisions. Prof. Kouvelis demonstrated that while BNPL adoption generally drives up equilibrium prices, its profitability depends heavily on specific product and market characteristics.
Thank you to Prof. Kouvelis and all participants for a thought-provoking discussion. Stay tuned for more intellectual exchanges from the HKUST Li & Fung Supply Chain Institute!