Article ID: | iaor201526007 |
Volume: | 229 |
Issue: | 1 |
Start Page Number: | 541 |
End Page Number: | 563 |
Publication Date: | Jun 2015 |
Journal: | Annals of Operations Research |
Authors: | Kurz Sascha, Rambau Jrg, Schlchtermann Jrg, Wolf Rainer |
Keywords: | demand, supply & supply chains, inventory |
We propose the new Top‐Dog‐Index, a measure for the branch‐dependent historic deviation of the supply data of apparel sizes from the sales data of a fashion discounter. Our approach individually measures for each branch the scarcest and the amplest sizes, aggregated over all products. This measurement can iteratively be used to adapt the size distributions in the pre‐pack orders for the future. A real‐world blind study shows the potential of this distribution free heuristic optimization approach: The gross yield measured in percent of gross value was almost one percentage point higher in the test‐group branches than in the control‐group branches.