Inventory Optimization in a Retail Multi-Echelon Environment Inventory Optimization
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)
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