Book description
It doesn't have to be that way. In The New Science of Retailing, supply chain experts Marshall Fisher and Ananth Raman explain how to use analytics to better manage your inventory for faster turns, fewer discounted offerings, and fatter profit margins.
Featuring case studies of retailing exemplars from around the world, this practical new book shows you how to:
· Mine your sales data to identify "homerun" products you're missing
· Reinvent your forecasting and pricing strategies
· Build end-to-end agility into your supply chain
· Establish incentives that align your supply chain partners behind shared objectives
· Extract maximum value from technologies such as point-of-sale scanners and customer loyalty cards
Highly readable and compelling, The New Science of Retailing is your playbook for turning all that data into a wellspring for new profits and unprecedented efficiency.
Table of contents
- Title Page
- Copyright Page
- Table of Contents
- Acknowledgments
- Introduction
-
CHAPTER ONE - Retail Valuation
- How Does Berman Use Inventory Information to Predict Stock Price?
- How—in Practice—Do Inventory Levels Affect a Retailer’s Valuation?
- Inventory Turns: A Commonly Used Benchmark for Evaluating a Retailer’s Inventory Level
- Explaining the Variation in Inventory Turns
- Plotting the Future: A Resurgence in the Importance of Inventory Turns
- Implications Going Forward for Retail Managers
- CHAPTER TWO - Assortment Planning
- CHAPTER THREE - Product Life Cycle Planning
-
CHAPTER FOUR - Flexible Supply Chains
- A Mystery: Why Are There Such Big Differences in Lead Time Between Retailers?
- Flexibility 101: Flexibility and Inflexibility at National Bicycle
- Learning from Two Flexibility Champions: World and Zara
- Partnering with Suppliers: The Path to Flexibility If You Don’t Own Your Supply Chain
- Why Are Many Retailers So Inflexible?
- How Much Flexibility Do You Need?
- CHAPTER FIVE - Goal Alignment
- CHAPTER SIX - Store-Level Execution
- CHAPTER SEVEN - Technological Risk
- CHAPTER EIGHT - Companywide Implementation
- Conclusion - The Way Forward
- APPENDIX
- Notes
- Index
- About the Authors
Product information
- Title: The New Science of Retailing
- Author(s):
- Release date: June 2010
- Publisher(s): Harvard Business Review Press
- ISBN: 9781422160640
You might also like
book
Shopper Intimacy: A Practical Guide to Leveraging Marketing Intelligence to Drive Retail Success
Retail marketing is undergoing cataclysmic change, driven by upheavals in media, consumer attitudes, and the retail …
book
Store Design and Visual Merchandising
In an age of self-service stores, saturated markets and ever more demanding customers, the careful and …
video
Case Studies in Data driven Merchandising
For retail businesses, inventory is simultaneously the company’s greatest asset and its largest risk. Competitor pricing, …
book
Learn Popular Retail Strategies (Collection)
The world's #1 guide to retail success, complete with crucial, up-to-date insights--including new case studies, ideas, …