Inventory management research for the fashion industry
| Autor: | Bin Shen, Pui-Sze Chow, Kristin Thoney-Barletta, Hau-Ling Chan |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Matching (statistics)
021103 operations research Ecology business.industry 05 social sciences 0211 other engineering and technologies Information technology 02 engineering and technology Supply and demand ComputingMilieux_GENERAL Inventory valuation Incentive Insect Science 0502 economics and business Sustainability Inventory theory Perpetual inventory Business Marketing 050203 business & management Ecology Evolution Behavior and Systematics Industrial organization |
| Zdroj: | International Journal of Inventory Research. 3:297 |
| ISSN: | 1746-6970 1746-6962 |
| DOI: | 10.1504/ijir.2016.10003358 |
| Popis: | Fashion products have a short-life-cycle with highly volatile demand uncertainty. This uncertainty leads to challenges in managing inventory, as matching supply and demand is always difficult in the fashion industry. In this paper, we review the recent literature on fashion industry inventory management. We classify the extant literature by four widely-used research methodologies, including analytical, empirical, case study and simulation approaches. We identify that inventory ownership, information technology, and incentive schemes for increasing inventory efficiency are the key factors to enhance inventory management in the fashion industry. We propose that inventory management of luxury fashion, sustainability in inventory, and empirical and case study approaches are the most important directions for future research. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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