• DocumentCode
    3486494
  • Title

    Studies on fashionable products´ demand forecast and stock control

  • Author

    Qiqi, Sun ; Changxin, Xu ; Yan, Wang ; Jian, Huang

  • Author_Institution
    Bus. Sch., Hohai Univ., Nanjing, China
  • fYear
    2009
  • fDate
    5-7 Aug. 2009
  • Firstpage
    114
  • Lastpage
    118
  • Abstract
    Aiming at the stock problems faced by brand traders such as out-of-stock and overstock, this thesis has analyzed what leads to the stock problems of fashionable products and puts forward a demand forecast model of three stages with the help of an operation model of fashionable products´ supply chain. A stock control model and an inspiring formula that fits those brand traders´ fashionable products are also established in the thesis in order to realize a minimum stock coordinating cost. The analysis of cases has proved that the model works well in reducing the stock control cost. In the end, a conclusion is drawn that when the proportion of the prophase sales volume to the total sales volume is 0.2, it´s the best time to replenish and the stock coordinating cost will achieve the minimum.
  • Keywords
    consumer products; cost reduction; economic forecasting; minimisation; stock control; supply and demand; supply chains; fashionable product demand forecast model; operation model; out-of-stock control; stock control cost mimization; stock control model; stock coordinating cost reduction; supply chain; Computer aided manufacturing; Costs; Demand forecasting; Economic forecasting; Educational institutions; Marketing and sales; Predictive models; Supply chains; Technology forecasting; Uncertainty; demand forecast; fashionable products; stock control; supply chain;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Automation and Logistics, 2009. ICAL '09. IEEE International Conference on
  • Conference_Location
    Shenyang
  • Print_ISBN
    978-1-4244-4794-7
  • Electronic_ISBN
    978-1-4244-4795-4
  • Type

    conf

  • DOI
    10.1109/ICAL.2009.5262964
  • Filename
    5262964