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Identifying the right level of variety and associated inventory has been an open question in both the retail industry and academia for a long time.
The future of retail is very exciting. As the forces of technology, competition, and new business models shape the retail landscape, pivotal questions are on the minds of all participants in the industry, including investors, entrepreneurs, business professionals, and academics.
In today’s omnichannel environment consumers increasingly interact with assortments of the same firm across different touchpoints.
This research paper written by Prof. Gurhan Kok, Asst. Prof. Mustafa Hekimoglu and Mustafa Şahin focuses on developing an advance stockout risk estimation system for repairable spare parts.