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Automating the detection of turning points: Inventory control at Computershop

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conference contribution
posted on 06.12.2017, 00:00 authored by RJ Jenkins, G Breach
Inventory control for a product catalogue of 3000 products is carried out by two managers at ComputerShop. While there is a substantial level of automation of product flow in this company, there is no analysis of inventory levels, nor of trends in demand for each product. Inventory management thus is an area that imposes a high workload on the managers and is characterized by the usual problem of inventory and demand being poorly balanced. In this paper we have studied two techniques that can be applied to detect turning points in a sequence of sales data. We have demonstrated that both of these techniques can be used to support the partial automation of decisions on inventory control.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Editor

Kennedy J; Di Milia V

Parent Title

Proceedings of the 20th ANZAM Conference [electronic resource] : Management : pragmatism, philosophy, priorities

Start Page

1

End Page

16

Number of Pages

16

Start Date

01/01/2006

Finish Date

01/01/2006

ISBN-10

1921047348

Location

Yeppoon, Qld.

Publisher

Australian and New Zealand Academy of Management

Place of Publication

Lindfield, NSW

Peer Reviewed

Yes

Open Access

No

External Author Affiliations

International conference; University of Technology, Sydney;

Era Eligible

No

Name of Conference

Australian and New Zealand Academy of Management. International conference