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Download fileAutomating the detection of turning points: Inventory control at Computershop
conference contribution
posted on 2017-12-06, 00:00 authored by RJ Jenkins, G BreachInventory 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 VParent Title
Proceedings of the 20th ANZAM Conference [electronic resource] : Management : pragmatism, philosophy, prioritiesStart Page
1End Page
16Number of Pages
16Start Date
2006-01-01Finish Date
2006-01-01ISBN-10
1921047348Location
Yeppoon, Qld.Publisher
Australian and New Zealand Academy of ManagementPlace of Publication
Lindfield, NSWPeer Reviewed
- Yes
Open Access
- No
External Author Affiliations
International conference; University of Technology, Sydney;Era Eligible
- No