Massachusetts Institute of Technology
Sign in | Create Account

Inventory Optimization in a Retail Multi-Echelon Environment Inventory Optimization

Rintiya Arkaresvimun

Research Fest 2008

This project developed an inventory model to find the optimal inventory distribution in a retail three-echelon network that enables high target service level at the stores. Using a multi-echelon approach, the optimal network inventory cost can be achieved by low inventory and service level at the intermediate echelon. The study shows the interrelations between echelons that should be considered when developing each echelon’s inventory policy.

22-May-08, Session 3 (11:00-12:30)

Comments (1)

The benefits of determining the optimal inventory policy easily extends beyond the retail environment. We’ve achieved great success working with companies in the wholesale and manufacturing segments using our software tool for inventory optimization.
Feel free to visit TCLogic

Posted 5 years by Anonymous

You need to log in, in order to post comments. If you don’t have an account yet, sign up now!

ResearchFest 2008

ResearchFest 2008

Category: Education | Updated almost 6 years ago

Created
June 20, 2008 09:49
Category
Tags
License
All Rights Reserved (What is this?)
Additional Files


Viewed
22041 times

More from ResearchFest 2008

Leveraging Risk Management in the Sales and Operations Planning Process

Leveraging Risk Management in the S...

Added almost 6 years ago | 00:12:40 | 27117 views

Determination of Drivers of Stock-Out Performance of Retail Stores using Data Mining Techniques

Determination of Drivers of Stock-O...

Added almost 6 years ago | 00:22:55 | 28961 views

An Engineering Approach to Improving Hospital Supply Chains

An Engineering Approach to Improvin...

Added almost 6 years ago | 00:22:05 | 21645 views

Transport Mode and Network Architecture: Carbon Footprint as a New Decision Metric

Transport Mode and Network Architec...

Added almost 6 years ago | 00:23:56 | 16930 views

The Impact and Dynamics of Centralization in Supply Chain Decision-Making

The Impact and Dynamics of Centrali...

Added almost 6 years ago | 00:21:50 | 20063 views

100% Container Scanning: Security Policy Implications for Global Supply Chains

100% Container Scanning: Security P...

Added almost 6 years ago | 00:17:19 | 18528 views