Retail Analytics Integrated Forecasting and Inventory Management for

This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scanner systems can be used to improve inventory decisions, and develops a data-driven approach that integ

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Anna-Lena Sachs

Retail Analytics

Integrated Forecasting and Inventory Management for Perishable Products in Retailing

Lecture Notes in Economics and Mathematical Systems Founding Editors: M. Beckmann H.P. Künzi Managing Editors: Prof. Dr. G. Fandel Fachbereich Wirtschaftswissenschaften Fernuniversität Hagen Hagen, Germany Prof. Dr. W. Trockel Murat Sertel Institute for Advanced Economic Research Istanbul Bilgi University Istanbul, Turkey Institut für Mathematische Wirtschaftsforschung (IMW) Universität Bielefeld Bielefeld, Germany Editorial Board: H. Dawid, D. Dimitrov, A. Gerber, C-J. Haake, C. Hofmann, T. Pfeiffer, R. Slowi´nski, W.H.M. Zijm

680

More information about this series at http://www.springer.com/series/300

Anna-Lena Sachs

Retail Analytics Integrated Forecasting and Inventory Management for Perishable Products in Retailing

123

Anna-Lena Sachs Department of Supply Chain Management & Management Science University of Cologne Cologne Germany

Dissertation at Technische Universität München, TUM School of Management, submitted on February, 5th 2014 and accepted on April 15th, 2014 ISSN 0075-8442 ISSN 2196-9957 (electronic) ISBN 978-3-319-13304-1 ISBN 978-3-319-13305-8 (eBook) DOI 10.1007/978-3-319-13305-8 Springer Cham Heidelberg New York Dordrecht London Library of Congress Control Number: 2014958011 c Springer International Publishing Switzerland 2015  This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express