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Retail Supply Chain Management - Quantitative Models and Empirical Studies (Hardcover, 2nd ed. 2015)
Loot Price: R4,756
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Retail Supply Chain Management - Quantitative Models and Empirical Studies (Hardcover, 2nd ed. 2015)
Series: International Series in Operations Research & Management Science, 223
Expected to ship within 10 - 15 working days
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This new edition focuses on three crucial areas of retail supply
chain management: (1) empirical studies of retail supply chain
practices, (2) assortment and inventory planning and (3)
integrating price optimization into retail supply chain decisions.
The book has been fully updated, expanding on the distinguishing
features of the original, while offering three new chapters on
recent topics which reflect areas of great interest and relevance
to the academic and professional communities alike - inventory
management in the presence of data inaccuracies, retail workforce
management, and fast fashion retail strategies. The innovations,
lessons for practice, and new technological solutions for managing
retail supply chains are important not just in retailing, but offer
crucial insights and strategies for the ultimate effective
management of supply chains in other industries as well. The retail
industry has emerged as a fascinating choice for researchers in the
field of supply chain management. It presents a vast array of
stimulating challenges that have long provided the context of much
of the research in the area of operations research and inventory
management. However, in recent years, advances in computing
capabilities and information technologies, hyper-competition in the
retail industry, emergence of multiple retail formats and
distribution channels, an ever increasing trend towards a globally
dispersed retail network, and a better understanding of the
importance of collaboration in the extended supply chain have led
to a surge in academic research on topics in retail supply chain
management. Many supply chain innovations (e.g., vendor managed
inventory) were first conceived and successfully validated in this
industry, and have since been adopted in others. Conversely, many
retailers have been quick to adopt cutting edge practices that
first originated in other industries. Retail Supply Chain
Management: Quantitative Models and Empirical Studies, 2nd Ed. is
an attempt to summarize the state of the art in this research, as
well as offer a perspective on what new applications may lie ahead.
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