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Conclusions

In: Retail Analytics

Author

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  • Anna-Lena Sachs

    (University of Cologne)

Abstract

Point-of-sale scanner systems collect large amounts of data that can be used to make better informed decisions. The present work shows how available information such as selling prices and the timing of sales occurrences can be leveraged to better align supply and demand with retail analytics. For this purpose, we have collected data from a large European retail chain. We develop several models to improve stocking decisions and to analyze decision-making in the real world.

Suggested Citation

  • Anna-Lena Sachs, 2015. "Conclusions," Lecture Notes in Economics and Mathematical Systems, in: Retail Analytics, edition 127, chapter 0, pages 103-105, Springer.
    • Handle: RePEc:spr:lnechp:978-3-319-13305-8_7
    DOI: 10.1007/978-3-319-13305-8_7
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