Retail Analytics: Integrated Forecasting and Inventory Management for Perishable Products in Retailing: 680 (Lecture Notes in Economics and Mathematical Systems) - Tapa blanda

Libro 113 de 126: Lecture Notes in Economics and Mathematical Systems

Sachs, Anna-Lena

 
9783319133041: Retail Analytics: Integrated Forecasting and Inventory Management for Perishable Products in Retailing: 680 (Lecture Notes in Economics and Mathematical Systems)
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ISBN 10: 3319133047 ISBN 13: 9783319133041
Editorial: Springer, 2014

Sinopsis

This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scanner systems can be used to improve inventory decisions, and develops a data-driven approach that integrates demand forecasting and inventory management for perishable products, while taking unobservable lost sales and substitution into account in out-of-stock situations. Using linear programming, a new inventory function that reflects the causal relationship between demand and external factors such as price and weather is proposed. The book subsequently demonstrates the benefits of this new approach in numerical studies that utilize real data collected at a large European retail chain. Furthermore, the book derives an optimal inventory policy for a multi-product setting in which the decision-maker faces an aggregated service level target, and analyzes whether the decision-maker is subject to behavioral biases based on real data forbakery products.

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Acerca del autor

Anna-Lena Sachs works as Assistant Professor for Supply Chain Management at the Faculty of Management, Economics and Social Sciences at the University of Cologne. Her research focuses on inventory optimization for perishable products and behavioral operations management. Anna-Lena Sachs studied business administration at the University of Mannheim, Germany and completed her PhD at TUM School of Management.

De la contraportada

This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scanner systems can be used to improve inventory decisions, and develops a data-driven approach that integrates demand forecasting and inventory management for perishable products, while taking unobservable lost sales and substitution into account in out-of-stock situations. Using linear programming, a new inventory function that reflects the causal relationship between demand and external factors such as price and weather is proposed. The book subsequently demonstrates the benefits of this new approach in numerical studies that utilize real data collected at a large European retail chain. Furthermore, the book derives an optimal inventory policy for a multi-product setting in which the decision-maker faces an aggregated service level target, and analyzes whether the decision-maker is subject to behavioral biases based on real data for bakery products.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Springer
Año de publicación
2014
Idioma
Inglés
ISBN 10 
3319133047
ISBN 13 
9783319133041
Encuadernación
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Número de páginas
132
Contacto del fabricante
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ProductSafety@springernature.com

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Darmstadt
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Alemania

Otras ediciones populares con el mismo título

9783319133065: Retail Analytics: Integrated Forecasting and Inventory Management for Perishable Products in Retailing

Edición Destacada

ISBN 10:  3319133063 ISBN 13:  9783319133065
Editorial: Springer, 2015
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