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Retail Supply Chain ManagementAssortment Planning: Review of Literature and Industry Practice

Retail Supply Chain Management: Assortment Planning: Review of Literature and Industry Practice [A retailer’s assortment is defined by the set of products carried in each store at each point in time. The goal of assortment planning is to specify an assortment that maximizes sales or gross margin subject to various constraints, such as a limited budget for purchase of products, limited shelf space for displaying products, and a variety of miscellaneous constraints such as a desire to have at least two vendors for each type of product.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Retail Supply Chain ManagementAssortment Planning: Review of Literature and Industry Practice

Part of the International Series in Operations Research & Management Science Book Series (volume 223)
Editors: Agrawal, Narendra; Smith, Stephen A.
Kök, A. Gürhan; Fisher, Marshall L.; Vaidyanathan, Ramnath
Retail Supply Chain Management — Dec 22, 2014
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Publisher
Springer US
Copyright
© Springer Science+Business Media New York 2015
ISBN
978-1-4899-7561-4
Pages
175–236
DOI
10.1007/978-1-4899-7562-1_8
Publisher site
See Chapter on Publisher Site

Abstract

[A retailer’s assortment is defined by the set of products carried in each store at each point in time. The goal of assortment planning is to specify an assortment that maximizes sales or gross margin subject to various constraints, such as a limited budget for purchase of products, limited shelf space for displaying products, and a variety of miscellaneous constraints such as a desire to have at least two vendors for each type of product.]

Published: Dec 22, 2014

Keywords: Assortment optimization; Choice modeling; Substitution estimation; Multi-product demand estimation; Category optimization

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