Article
Retail inventory movement – a case study in rationalisation
Describes a common retailing problem, particularly in fashion markets, of stock transfers between a given set of branches. Stock is required in those outlets where demand is likely to be high, but the number of physical transfers in a given time period must be within the capabilities of the available transport facilities. A simple model of forecasting and allocation is described which, for the company involved, resulted in reduced stock movement and provided satisfactory stock levels.
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