The interdependence of inventory management and retail shelf management
International Journal of Physical Distribution & Logistics Management
ISSN: 0960-0035
Article publication date: 1 February 2002
Abstract
Acknowledges that the effect of displayed inventory on retail sales is widely recognized in the logistics, marketing and operations management literature and has been empirically verified. However, neither the marketing literature (shelf‐space allocation models) nor the operations management literature (inventory control models) has appropriately modeled this effect. The displayed‐inventory news‐vendor problem is developed and analyzed, utilizing a simple model to illustrate the interdependencies between the inventory and space‐allocation decisions. The model is then extended to the multi‐item case, which can be incorporated as part of a comprehensive shelf‐management system.
Keywords
Citation
Urban, T.L. (2002), "The interdependence of inventory management and retail shelf management", International Journal of Physical Distribution & Logistics Management, Vol. 32 No. 1, pp. 41-58. https://doi.org/10.1108/09600030210415298
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited