Powered by OpenAIRE graph
Found an issue? Give us feedback
addClaim

Advancing Replenishment Efficiency Utilizing Unit of Measure and Planogram Settings

Authors: Sidell, Ben;

Advancing Replenishment Efficiency Utilizing Unit of Measure and Planogram Settings

Abstract

Throughout the pandemic, Target has experienced many changes in the retail landscape. The rapid sales growth and significant transition to online shopping has stressed the limits of their distribution network, exposing some of the weaknesses of the existing supply chain. Despite the industry changes, Target remains true to improving the guest experience through product availability and customer interaction. The overload in sales has lead to large swings in inventory throughout the network. Their adoption of an omnichannel distribution network provides the flexibility to succeed in this environment, but the distribution network is extremely complex, Utilizing a variety of stores, distribution centers, and suppliers. Excess inventory at the store creates unnecessary burden of storage and shelf refills, reducing time for customer engagement. With Target’s customer focus at the heart of their continuous improvement efforts, they are examining the levers at their disposal throughout the supply chain to reduce inventory spillover, such as POG Design and Unit of Measure. To help deepen the understanding of how the supply chain settings can be manipulated to unlock better performance, this paper examines product characteristics at a more granular level to identify when and where Target can take action. A categorization technique is utilized to identify which setting is creating the risk of systematic spillover. This technique is then applied to historic data to understand trends and identify opportunities. The paper then defines a method of identifying demand variability and proposes a shelf optimization technique for the stable demand items. The intent of this research is to reduce the systematic risk of inventory spillover, thus enhancing store performance for the guest.

Country
United States
Related Organizations
  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Upload OA version
Are you the author of this publication? Upload your Open Access version to Zenodo!
It’s fast and easy, just two clicks!