Analysis Method for Inventory Optimization in Retail Industry

A technology for inventory optimization and analysis methods, applied in the field of inventory optimization analysis in the retail industry, can solve problems affecting supply chain service levels, increase supply chain costs, loss of sales opportunities, etc., to save inventory costs, increase inventory costs, and reduce out-of-stocks effect of probability

Active Publication Date: 2022-05-03
江苏云脑数据科技有限公司
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

The responsibility of retail enterprises is to purchase goods and maintain a good inventory system. Unreasonable inventory deployment decisions not only directly lead to the loss of sales opportunities, but also lead to frequent inventory transfers, out-of-season withdrawals, unnecessary inventory clearances, etc., which significantly increase supply. The chain cost also affects the service level of the supply chain, and reasonable inventory deployment can provide the correct goods needed by customers at the right time and at the right place in the correct quantity and quality, and make this process The total cost consumed is the smallest, and the customer's shopping satisfaction is the highest, which is also the challenge faced by retail enterprises

Method used

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  • Analysis Method for Inventory Optimization in Retail Industry
  • Analysis Method for Inventory Optimization in Retail Industry
  • Analysis Method for Inventory Optimization in Retail Industry

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Embodiment Construction

[0078] The present invention will be further described below in conjunction with specific drawings and embodiments.

[0079] For retail companies, controlling the reasonable inventory of goods has a positive effect on reducing inventory, reducing capital occupation, and avoiding closing out of warehouses after the season.

[0080] (1) Determination of safety stock;

[0081] The purpose of safety stock is to increase the buffer between supply and demand; in the design process, it needs to be designed based on historical sales data, sales forecast and other relevant information, and its economy and practicality must be considered. The size of the safety stock also needs to be determined by the level of customer service; the calculation of the safety stock needs to rely on quantitative statistics to make necessary basic assumptions about changes in customer demand and order lead times. There may be three situations Changes, including changes in customer demand, changes in order ...

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Abstract

The present invention provides a retail industry inventory optimization analysis method, comprising the following steps: step S1, determine the safety stock according to customer demand, order lead time and customer service level; step S2, according to the safety stock and the average daily demand within the order lead time Quantity, calculate the order point; step S3, use the autoregressive model to predict future sales through historical sales data; thus determine the order quantity; Hierarchical forecasting adjustments improve forecasting accuracy. The invention can save inventory cost and improve customer service level.

Description

technical field [0001] The invention relates to the field of supply chain optimization in the retail industry, in particular to an inventory optimization analysis method in the retail industry. Background technique [0002] The research and practice of my country's supply chain and inventory management is in a period of rapid growth, but overall, supply chain management is still at a relatively low level, and inventory management is one of the most important components of supply chain cost competition . In the current era of great changes in the retail industry, every company is making corresponding strategic adjustments according to its own situation-the core competitiveness of physical retail stores: supply chain. [0003] For the consumer goods industry, the last link in the supply chain is the retailer. The responsibility of retail enterprises is to purchase goods and maintain a good inventory system. Unreasonable inventory deployment decisions not only directly lead to...

Claims

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Application Information

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Patent Type & Authority Patents(China)
IPC IPC(8): G06Q10/08G06Q30/02
CPCG06Q10/087G06Q30/0202
Inventor 谢提提王琼
Owner 江苏云脑数据科技有限公司
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