Retail category management: decision support systems for assortment, shelf space, inventory and price planning

by Hübner, Alexander

Type Book

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Title Statements

Full title :Retail category management : decision support systems for assortment, shelf space, inventory and price planning / Alexander Hübner.

Summary

Retail shelf management means cost-efficiently aligning retail operations with consumer demand. As consumers expect high product availability and low prices, and retailers are constantly increasing product variety and striving towards high service levels, the complexity of managing retail business and its operations is growing enormously. Retailers need to match consumer demand with shelf supply by balancing variety (number of products) and service levels (number of items of a product), and by optimizing demand and profit through carefully calibrated prices. As a result the core strategic decisions a retailer must make involve assortment sizes, shelf space assignment and pricing levels. Rigorous quantitative methods have emerged as the most promising solution to this problem. The individual chapters in this book therefore focus on three areas: (1) combining assortment and shelf space planning, (2) providing efficient decision support systems for practically relevant problem sizes, and (3) integrating inventory and price optimization into shelf management.

Edition Statements

Publication Date:©2011.

Publication Statements

Publisher(s):Springer
Place of Publication:Berlin
Language:eng
Publication Date:©2011.

The Physical Object

Description:1 online resource (xxiv, 153 pages)

Edition Identifiers

ISBN:9783642224775, 3642224776, 1283469553, 9781283469555, 3642224768, 9783642224768, 9786613469557, 6613469556
DOI:10.1007/978-3-642-22477-5
oclc:ocn756206725
LC Classification:HD30.213
Dewey Decimal:658.8/7

Framework for Retail Demand and Supply Chain Planning -- Empirical Insights, Quantitative Models and Software Applications for Master Category Planning -- Assortment and Shelf Space Planning -- Assortment, Shelf Space and Inventory Planning -- Assortment, Shelf Space and Price Planning.

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