Forecasting replenishment orders in retail: value of modelling low and intermittent consumer demand with distributions
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DOI: 10.1080/00207543.2018.1431413
Abstract: In retail, distribution centres can forecast the stores’ future replenishment orders by computing planned orders for each stock-keeping-unit. Planned orders are obtained by simulating the future replenishment ordering of each stock-keeping-unit based on information about… read more here.
Keywords: consumer demand; replenishment orders; planned orders; low intermittent ... See more keywords