A Diagnostic Analysis Of Retail Out Of Stocks
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A Diagnostic Analysis Of Retail Out Of Stocks
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Author : Yong Ning Foo
language : en
Publisher:
Release Date : 2007
A Diagnostic Analysis Of Retail Out Of Stocks written by Yong Ning Foo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
In the highly competitive retail industry, merchandise out-of-stock (OOS) is a significant and pertinent problem. This thesis performs a diagnostic analysis on retail out-of-stocks using empirical data from a major retailer. In this thesis, we establish the empirical relationship of OOS rate with the amount of safety stock carried, the time between orders and the forecast error, providing insights to the effects of these three factors on the probability of OOS occurrences. The root causes of OOS are also examined in the thesis. We find that up to 34% of OOS can be attributed to forecast error while up to 22% can be attributed to delay in order replenishment. For the OOSs that were associated with order delay, we can trace 60% of these to out-of-stock at the store's distribution center (DC). The thesis also examines a peculiarity in the occurrence of OOSs. We found that the OOS rate of Class C items is significantly higher in stores with higher sales volume. We can attribute much of this phenomenon to three factors: stores with higher sales volume hold less safety stock for Class C items, have a shorter time between orders and have relatively larger forecast errors.
Economic Implications Of Out Of Stocks In Retail Logistics And Supply Chain
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Author : S. M. Safiul Azam
language : en
Publisher:
Release Date : 2009
Economic Implications Of Out Of Stocks In Retail Logistics And Supply Chain written by S. M. Safiul Azam and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Retail And Statistics
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Author : Ashok Charan
language : en
Publisher:
Release Date : 2024
Retail And Statistics written by Ashok Charan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024 with Marketing categories.
"As the use of analytics becomes increasingly important in today's business landscape, The Marketing Analytics Practitioner's Guide (MAPG) provides a thorough understanding of marketing management concepts and their practical applications, making it a valuable resource for professionals and students alike. The four-volume compendium of MAPG provides an in-depth look at marketing management concepts and their practical applications, equipping readers with the knowledge and skills needed to effectively inform daily marketing decisions and strategy development and implementation. It seamlessly blends the art and science of marketing, reflecting the discipline's evolution in the era of data analytics. Whether you're a seasoned marketer or new to the field, the MAPG is an essential guide for mastering the use of analytics in modern marketing practices. Volume IV is divided into two parts - Retail and Statistics for Marketing Analytics. Retail delves into the various aspects of retail tracking, sales and distribution, retail analytics, and category management. The chapter on retail tracking covers in detail the processes that make up a retail measurement service, including the metrics supported by the service, the key benefits of the service, and how the data is interpreted. The sales and distribution chapter covers five key managerial objectives - building distribution, targeting the right channels and chains, optimizing assortment, securing retailer support, and managing stocks in trade. The retail analytics chapter covers a range of diagnostic analytic tools used to extract insights from disaggregate outlet-level data. Category management offers a framework for retailers to manage their business and for suppliers to understand the dynamics of trade marketing. Statistics for Marketing Analytics covers basic statistics, sampling, and marketing mix modelling. It aims to equip readers with the statistical knowledge and tools necessary to analyse and interpret marketing data. The chapters in this part provide a comprehensive understanding of statistical methods and their applications in marketing analytics, including sampling techniques, probability distributions, hypothesis testing, and regression analysis"--
Retail Management
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Author : S.C. Bhatia
language : en
Publisher: Atlantic Publishers & Dist
Release Date : 2008
Retail Management written by S.C. Bhatia and has been published by Atlantic Publishers & Dist this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Retail trade categories.
Supply Chain Management Models Applications And Research Directions
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Author : Joseph Geunes
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-02-28
Supply Chain Management Models Applications And Research Directions written by Joseph Geunes and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-02-28 with Business & Economics categories.
This work brings together some of the most up to date research in the application of operations research and mathematical modeling te- niques to problems arising in supply chain management and e-Commerce. While research in the broad area of supply chain management enc- passes a wide range of topics and methodologies, we believe this book provides a good snapshot of current quantitative modeling approaches, issues, and trends within the field. Each chapter is a self-contained study of a timely and relevant research problem in supply chain mana- ment. The individual works place a heavy emphasis on the application of modeling techniques to real world management problems. In many instances, the actual results from applying these techniques in practice are highlighted. In addition, each chapter provides important mana- rial insights that apply to general supply chain management practice. The book is divided into three parts. The first part contains ch- ters that address the new and rapidly growing role of the internet and e-Commerce in supply chain management. Topics include e-Business applications and potentials; customer service issues in the presence of multiple sales channels, varying from purely Internet-based to traditional physical outlets; and risk management issues in e-Business in B2B m- kets.
Marketing Analytics Practitioner S Guide The Volume 4 Retail And Statistics
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Author : Ashok Charan
language : en
Publisher: World Scientific
Release Date : 2023-09-13
Marketing Analytics Practitioner S Guide The Volume 4 Retail And Statistics written by Ashok Charan and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-13 with Business & Economics categories.
As the use of analytics becomes increasingly important in today's business landscape, The Marketing Analytics Practitioner's Guide (MAPG) provides a thorough understanding of marketing management concepts and their practical applications, making it a valuable resource for professionals and students alike.The four-volume compendium of MAPG provides an in-depth look at marketing management concepts and their practical applications, equipping readers with the knowledge and skills needed to effectively inform daily marketing decisions and strategy development and implementation. It seamlessly blends the art and science of marketing, reflecting the discipline's evolution in the era of data analytics. Whether you're a seasoned marketer or new to the field, the MAPG is an essential guide for mastering the use of analytics in modern marketing practices.Volume IV is divided into two parts — Retail and Statistics for Marketing Analytics. Retail delves into the various aspects of retail tracking, sales and distribution, retail analytics, and category management.The chapter on retail tracking covers in detail the processes that make up a retail measurement service, including the metrics supported by the service, the key benefits of the service, and how the data is interpreted.The sales and distribution chapter covers five key managerial objectives — building distribution, targeting the right channels and chains, optimizing assortment, securing retailer support, and managing stocks in trade.The retail analytics chapter covers a range of diagnostic analytic tools used to extract insights from disaggregate outlet-level data.Category management offers a framework for retailers to manage their business and for suppliers to understand the dynamics of trade marketing.Statistics for Marketing Analytics covers basic statistics, sampling, and marketing mix modelling. It aims to equip readers with the statistical knowledge and tools necessary to analyse and interpret marketing data. The chapters in this part provide a comprehensive understanding of statistical methods and their applications in marketing analytics, including sampling techniques, probability distributions, hypothesis testing, and regression analysis.
Statistical Reference Index Annual
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Author :
language : en
Publisher:
Release Date : 2005
Statistical Reference Index Annual written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with United States categories.
Marketing Analytics A Practitioner S Guide To Marketing Analytics And Research Methods
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Author : Ashok Charan
language : en
Publisher: World Scientific Publishing Company
Release Date : 2015-05-20
Marketing Analytics A Practitioner S Guide To Marketing Analytics And Research Methods written by Ashok Charan and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-20 with Business & Economics categories.
The digital age has transformed the very nature of marketing. Armed with smartphones, tablets, PCs and smart TVs, consumers are increasingly hanging out on the internet. Cyberspace has changed the way they communicate, and the way they shop and buy. This fluid, de-centralized and multidirectional medium is changing the way brands engage with consumers.At the same time, technology and innovation, coupled with the explosion of business data, has fundamentally altered the manner we collect, process, analyse and disseminate market intelligence. The increased volume, variety and velocity of information enables marketers to respond with much greater speed, to changes in the marketplace. Market intelligence is timelier, less expensive, and more accurate and actionable.Anchored in this age of transformations, Marketing Analytics is a practitioner's guide to marketing management in the 21st century. The text devotes considerable attention to the way market analytic techniques and market research processes are being refined and re-engineered. Written by a marketing veteran, it is intended to guide marketers as they craft market strategies, and execute their day to day tasks.
Business Intelligence
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Author : Rimvydas Skyrius
language : en
Publisher: Springer Nature
Release Date : 2021-03-08
Business Intelligence written by Rimvydas Skyrius and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-08 with Computers categories.
This book examines the managerial dimensions of business intelligence (BI) systems. It develops a set of guidelines for value creation by implementing business intelligence systems and technologies. In particular the book looks at BI as a process – driven by a mix of human and technological capabilities – to serve complex information needs in building insights and providing aid in decision making. After an introduction to the key concepts of BI and neighboring areas of information processing, the book looks at the complexity and multidimensionality of BI. It tackles both data integration and information integration issues. Bodies of knowledge and other widely accepted collections of experience are presented and turned into lessons learned. Following a straightforward introduction to the processes and technologies of BI the book embarks on BI maturity and agility, the components, drivers and inhibitors of BI culture and soft BI factors like attention, sense and trust. Eventually the book attempts to provide a holistic view on business intelligence, possible structures and tradeoffs and embarks to provide an outlook on possible developments in BI and analytics.
Statistical Reference Index
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Author :
language : en
Publisher:
Release Date : 1994
Statistical Reference Index written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Statistics categories.