Relevant bibliographies by topics / Retail Operations Management

Academic literature on the topic 'Retail Operations Management'

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Published: 14 March 2023

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Journal articles on the topic "Retail Operations Management"

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Hübner, Alexander, Pedro Amorim, Heinrich Kuhn, Stefan Minner, and Tom Van Woensel. "Retail operations." OR Spectrum 40, no. 4 (October 2018): 831–35. http://dx.doi.org/10.1007/s00291-018-0535-1.

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Lowson, Robert H. "Retail operations strategies." International Journal of Operations & Production Management 25, no. 7 (July 2005): 642–80. http://dx.doi.org/10.1108/01443570510605081.

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Gaur, Vishal, Ananth Raman, and Jayashankar M. Swaminathan. "Special Issue ofProduction and Operations Management: Retail Operations." Production and Operations Management 18, no. 2 (March 2009): 240. http://dx.doi.org/10.1111/j.1937-5956.2009.01054.x.

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Eroglu, Cuneyt, Brent D. Williams, and Matthew A. Waller. "Consumer‐driven retail operations." International Journal of Physical Distribution & Logistics Management 41, no. 5 (June 14, 2011): 420–34. http://dx.doi.org/10.1108/09600031111138808.

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Fisher, Marshall, and Ananth Raman. "Introduction to Focused Issue: Retail Operations Management." Manufacturing & Service Operations Management 3, no. 3 (July 2001): 189–90. http://dx.doi.org/10.1287/msom.3.3.189.9892.

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Caro, Felipe, A. Gürhan Kök, and Victor Martínez-de-Albéniz. "The Future of Retail Operations." Manufacturing & Service Operations Management 22, no. 1 (January 2020): 47–58. http://dx.doi.org/10.1287/msom.2019.0824.

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Lowson, Robert H. "Retail Operational Strategies in Complex Supply Chains." International Journal of Logistics Management 12, no. 1 (January 1, 2001): 97–111. http://dx.doi.org/10.1108/09574090110806253.

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The correct choice, implementation and evolution of an operations strategy can provide considerable competitive advantage. However, how many organizations in the Fast Moving Consumer Goods (FMCG) industries really understand the components of such strategies and their power when properly deployed? Supply chain management, lean thinking, agile operations, quick response, virtual organization, time‐based competition to name but a few, currently receive extensive coverage in management literature. But, what core competencies, management activities, resources and technologies comprise an effective operational strategy in a retail logistics context? From empirical research, we demonstrate that the various elements forming an operational strategy are often part of a distinct implementation pattern that can be customized at the level of individual product and/or customer behavior and replicates the complexity of the setting. The research aims to help management better understand demand and tailor a number of operational strategies to the behavior of that demand.
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Luk, Sherriff T. K., and Ivy S. N. Chen. "Baleno: Expanding Retail Operations in China." Asian Case Research Journal 13, no. 01 (June 2009): 1–27. http://dx.doi.org/10.1142/s0218927509001170.

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Fuelled by impressive economic growth in recent years, consumers' demand for clothing in China had been increasing. Expenditure on clothing of urban households rose from 374.19 billion yuan in 2004 to 509.29 billion yuan in 2006 (an increase of 36.1%), and for rural households, this increased from 91.66 billion yuan to 118.36 billion yuan (an increase of 29.1%). Baleno, a casual wear retailer, had used mainly franchising to expand its retail network. This method allowed for rapid expansion but controlling franchisees in China could be problematic. Opening directly managed stores, on the other hand, required more capital. Baleno needed to decide how it should keep up with the growth in demand and with the expansion of its competitors.
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Fisher, Marshall. "Foreword: Special Issue on Retail Operations." Production and Operations Management 22, no. 4 (July 2013): 755–57. http://dx.doi.org/10.1111/poms.12014.

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Raman, Ananth, Nicole DeHoratius, and Zeynep Ton. "Execution: The Missing Link in Retail Operations." California Management Review 43, no. 3 (April 2001): 136–52. http://dx.doi.org/10.2307/41166093.

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Dissertations / Theses on the topic "Retail Operations Management"

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Maddah, Bacel. "Pricing, Variety, and Inventory Decisions in Retail Operations Management." Diss., Virginia Tech, 2005. http://hdl.handle.net/10919/26298.

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This dissertation is concerned with decision making in retail operations management. Specifically, we focus on pricing, variety, and inventory decisions, which are at the interface of the marketing and operations functions of a retail firm. We consider two problems that relate to two major types of retail goods. First, we study joint pricing, variety, and inventory decisions for a set of substitutable" items that serve the same need for the consumer (commonly referred to as a "retailer's product line"). Second, we present a novel model of a selling strategy for "complementary" items that we refer to as ``convenience tying," and focus on analyzing the effect of this selling strategy on pricing and profitability. We also study inventory decisions under convenience tying and exogenous pricing. For a product line of substitutable items, the retailer's objective is to jointly determine the set of variants to include in her product line ("assortment"), together with their prices and inventory levels, so as to maximize her expected profit. We model the consumer choice process using a multinomial logit choice model and consider a newsvendor type inventory setting. We derive the structure of the optimal assortment for a special case where the non-ascending order of items in mean consumer valuation and the non-descending order of items in unit cost agree. For this special case, we find that an optimal assortment has a limited number of items with the largest values of the mean consumer valuation (equivalently, the items with the smallest values of the unit cost). For the general case, we propose a dominance rule that significantly reduces the number of different subsets to be considered when searching for an optimal assortment. We also present bounds on the optimal prices that can be obtained by solving single variable equations. Finally, we combine several observations from our analytical and numerical study to develop an efficient heuristic procedure, which is shown to perform well on many numerical tests. With the objective of gaining further insights into the structure of the retailer's optimal decisions, we study a special case of the product line problem with "similar items" having equal unit costs and identical reservation price distributions. We also assume that all items in a product line are sold at the same price. We focus on two situations: (i) the assortment size is exogenously fixed, while the retailer jointly determines the pricing and inventory levels of items in her product line; and (ii) the pricing is exogenously set, while the retailer jointly determines the assortment size and inventory levels. We also briefly discuss the joint pricing/variety/inventory problem where the pricing, assortment size, and inventory levels are all decision variables. In the first setting, we characterize the structure of the retailer's optimal pricing and inventory decisions. We then study the effect of limited inventory on the optimal pricing by comparing our results (in the ``risky case" with limited inventory) with the ``riskless case," which assumes infinite inventory levels. In addition, we gain insights on how the optimal price changes with product line variety as well as demand and cost parameters, and show that the behavior of the optimal price in the risky case can be quite different from that in the riskless case. In the second setting, we characterize the retailer's optimal assortment size considering the trade-off between sales revenue and inventory costs. Our stylized model allows us to obtain strong structural and monotonicity results. In particular, we find that the expected profit at optimal inventory levels is unimodal in the assortment size, which implies that the optimal assortment size is finite. By comparison to the riskless case, we find that this finite variety level is due to inventory costs. Finally, for the joint pricing/variety/inventory problem, we find that even when the retailer has control over the price, finite inventories still restrict the variety level. We also propose several bounds that can be useful in solving the joint problem. We then study a convenience tying strategy for two complementary items that we denote by "primary" and "secondary." The retailer sells the primary item in an appropriate department of her store. In addition, to stimulate demand, the secondary item is offered in two locations: its appropriate department and the primary item's department where it is displayed in very close proximity to the primary item. We analyze the profitability of this selling practice by comparing it to the traditional independent components strategy, where the two items are sold independently (each in its own department). We focus on understanding the effect of convenience tying on pricing. We also briefly discuss inventory considerations. First, assuming infinite inventory levels, we show that convenience tying decreases the price of the primary item and adjusts the price of the secondary item up or down depending on its popularity in the primary item's department. We also derive several structural and monotonicity properties of the optimal prices, and provide sufficient conditions for the profitability of convenience tying. Then, under exogenous pricing, we find that convenience tying is profitable only if it generates enough demand to cover the increase in inventory costs due to decentralizing the sales of the secondary item.
Ph. D.
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Alieva, Jamila. "Retail Management: factors influencing profit maximization and customer satisfaction. : A case study of airport operations and concession management." Thesis, Umeå universitet, Företagsekonomi, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-131697.

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Airport performance is highly depended on effective retail management and management of airport concession. This thesis is tend to find the answer for two research questions developed, with a purpose to offer optimization of the dependency in a most convenient way:   What are the factors influencing successful retail operations in airports? and How to increase profit maximization and customers satisfaction through effective concession management?   The purpose of these research questions is to discover what is retail management in airport business sector. How airport operations management planning, implementing and evaluating their strategic decisions to generate revenues. More specifically, the purpose is focused on customers satisfaction and profit maximization approaches discovering airports. What is a correlation between attributes affecting airport revenue generation and operations management approaches, applied in different cases, when building relations with concessionaires. After conducting the survey with thirty international airports around the world, the importance of each attribute creating direct impact on customer satisfaction was measured and evaluated. The correlation between airport concession management types and the profit maximization was also identified and discussed. The research also became a starting point to investigate more factors influencing retail operations in airports.
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Burroughs, Richard E. "The adoption of retail electronic commerce: an empirical investigation." FIU Digital Commons, 1999. http://digitalcommons.fiu.edu/etd/1867.

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The purpose of this study was to empirically investigate the adoption of retail electronic commerce (REC). REC is a business transaction which takes place over the Internet between a casual consumer and a firm. The consumer has no long-term relationship with the firm, orders a good or service, and pays with a credit card. To date, most REC applications have not been profitable. To build profitable REC applications a better understanding of the system's users is required. The research model hypothesizes that the level of REC buying is dependent upon the Buying Characteristics of Internet Use and Search Experience plus the Channel Characteristics of Beliefs About Internet Vendors and Beliefs About Internet Security. The effect of these factors is modified by Time. Additional research questions ask about the different types of REC buyers, the differences between these groups, and how these groups evolved over time. To answer these research questions I analyzed publically available data collected over a three-year period by the Georgia Institute of Technology Graphics and Visualization Unit over the Internet. Findings indicate the model best predicts Number of Purchases in a future period, and that Buyer Characteristics are most important to this determination. Further, this model is evolving over Time making Buyer Characteristics predict Number of Purchases better in more recent survey administrations. Buyers clustered into five groups based on level of buying and move through various levels and buy increasing Number of Purchases over time. This is the first large scale research project to investigate the evolution of REC. This implications are significant. Practitioners with casual consumer customers need to deploy a finely tuned REC strategy, understand their buyers, capitalize on the company reputation on the Internet, install an Internet-compatible infrastructure, and web-enable order-entry/inventory/fulfillment/ shipping applications. Researchers might wish to expand on the Buyer Characteristics of the model and/or explore alternative dependent variables. Further, alternative theories such as Population Ecology or Transaction Cost Economics might further illuminate this new I.S. research domain.
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Colosimo, Mark. "A Data-Driven and Mixed Methods Analysis of Automotive Retail Operations Management." Thesis, Wayne State University, 2019. http://pqdtopen.proquest.com/#viewpdf?dispub=10973231.

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The importance of effective retail operations management has never been more significant. Our research aims to expand the understanding for efficiency and dynamics of franchise outlets within retail networks with a focus on sales performance and profitability. The focus and contribution is the development of an actionable data analytics driven process by which automotive dealerships (retail outlets) can be analyzed to identify areas of opportunity for improvement. In general, automotive dealerships aim to sell product to make a profit, the manufacturer of the product/brand desires to sell vehicles to make a profit, and the customer desires to find a suitable transportation option that provides most utility. While substantial volumes of quantitative data exists about the details of operations and automotive dealership transactions, similar Key Performance Indicators (KPIs) are typically generated and reviewed in making decisions about operational change. We will focus on the actions (inputs) that relate to outcomes (outputs) at the dealership level, including factors relating to all three stakeholders and their interactions, which are anticipated to be relevant. Input variables and factors relating to the business outcomes of the stakeholders involved will be the desired target for finding synergies.

To address these concerns, we first developed an analytical process for providing recommendations to improve dealership efficiency and performance through quantitative data and demonstrated the effectiveness of the proposed process using a real-world dealership case study. With a desire to go beyond available datasets, there is a need to dig deeper into operations through aligning quantitative Key Performance Outcomes (KPOs) with qualitative survey analysis of dealership operators. This provides a detailed view of analysis not previously available, which should encourage dealerships to make change. Through the utilization of an interview process, with a focus on variance between dealerships, in creating a survey distributed to dealership management, an assessment of principal factors has been created. The assessment of these factors will help dealerships and manufacturers understand which activities, perceptions, and atmospheres have the greatest positive impact on new vehicle sales and profitability.

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Wilson, Dewayne. "Strategies for Reducing Employee Turnover in Retail Outlets." ScholarWorks, 2018. https://scholarworks.waldenu.edu/dissertations/5961.

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Employee turnover in the retail industry is costly, difficult, and problematic, affecting organizational wages, benefits, and schedules in relation to serving clients, customers, and stakeholders. The purpose of this multiple case study was to explore effective strategies used by retail store owners in the southeastern region of the United States to reduce employee turnover. The target population was 6 successful business owners of 6 small retail businesses in the southeastern United States who had effectively reduced employee turnover. The conceptual framework for this study was the Herzberg 2-factor theory related to workplace job satisfaction. Data were collected through face-to-face, semistructured interviews and review of archival company documents related to employee turnover. Data were coded, analyzed into themes using Yin's 5-step method, triangulated, and validated by member checking to strengthen the credibility of the analyses. Three themes emerged: effective communication, supportive leadership, and competitive compensation reduced employee turnover. The implications for positive social change include the potential to provide leaders with effective strategies to reduce employee turnover, leading to reductions in unemployment, stabilization of communities, and improvements to the human and social conditions outside the workplace.
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Sigmon, Kelly M. (Kelly Marie Berg). "A franchising of retail operations : the case of the United States Postal Service building a retail network for the 21st century." Thesis, Massachusetts Institute of Technology, 2010. http://hdl.handle.net/1721.1/59128.

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Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2010.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 71-75).
This thesis is about the effects of changing customer preferences on the United States Postal Service's retail network and offers a process for wider adoption of its current retail partnership program. The Contract Postal Unit (CPU) program represents 10 percent of the Postal Service's current outlets. This is a form of franchising. This thesis reviews franchising theory and highlights key research in the area to develop a business framework. Since many of the foreign posts have also been experimenting with operations similar to the CPU program, the franchising programs of four European posts are reviewed. I conclude by offering an approach that the Postal Service may use to look at how and when its customers use its products and services at their retail outlets and provide several recommendations that the Postal Service might consider if and when the Contract Postal Unit program is expanded.
by Kelly M. Sigmon.
M.B.A.
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Lockett, Asia R. "Online Marketing Strategies for Increasing Sales Revenues of Small Retail Businesses." ScholarWorks, 2018. https://scholarworks.waldenu.edu/dissertations/5896.

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Small retail business leaders use online marketing to connect with consumers and the community. The purpose of this qualitative multiple case study was to explore the strategies some small retail business leaders use to implement online marketing to increase sales. Data were collected from 4 small retail business owners who successfully used strategies to implement online marketing in California. The conceptual framework for this study was Rogers's diffusion of innovation theory. Data collection techniques and sources were semistructured, face-to-face interviews, and review of public business documents, company websites, social media websites, and analytical tools. A thematic analysis of the data yielded 4 themes: social media platforms and strategies, online marketing strategies and challenges, online content strategies, and follow-up strategies. Business leaders of small retail organizations who want to increase revenue, remain competitive, overcome challenges associated with online marketing, and increase communication by implementing new technology might elect to align with the strategies identified in this study. The implications for positive social change include the opportunity for small retail business leaders to increase revenue while providing more job opportunities to benefit employees, employees' families, and the community.
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Liang, Catherine G. (Catherine Gloria). "Segmentation strategies for managing retail supply chains." Thesis, Massachusetts Institute of Technology, 2011. http://hdl.handle.net/1721.1/66081.

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Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; in conjunction with the Leaders for Global Operations Program at MIT, 2011.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 100-101).
High-technology manufacturing companies often face rapid price decline and capacity constraints. Especially in the retail side of the business where the supply chain is much longer and revenue is sometimes not recognized until the sell-through point, optimizing inventory positioning is critical. No longer is a one-size-fits-all approach sufficient; in order to perform optimally, manufacturers should categorize their retailers, stores, and products, and tailor their strategy for each accordingly. This work shows how to use metrics such as gross margin return on inventory investment, models and tools such as assortment, promotional risk, supply chain, and replenishment segmentation to drive improvements in inventory performance and recommends ways to apply them in different retail chains. In particular, three retailer types - discount retailers, specialty retailers, and convenience retailers are discussed.
by Catherine G. Liang.
S.M.
M.B.A.
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Macmillan, Michael Reed. "Network methods for inventory management in capacity constrained retail stores." Thesis, Massachusetts Institute of Technology, 2016. http://hdl.handle.net/1721.1/104395.

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Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2016. In conjunction with the Leaders for Global Operations Program at MIT.
Thesis: S.M. in Engineering Systems, Massachusetts Institute of Technology, School of Engineering, Institute for Data, Systems, and Society, 2016. In conjunction with the Leaders for Global Operations Program at MIT.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 81-82).
Zara leads the fast-fashion industry introducing over 12,000 unique items per year [5], selling in over 2,000 stores and generating rch16091 [British pound symbol]11.6 Bn in yearly sales [8]. Critical to this success, Zara's Distribution Department continually focuses on improving the algorithms and programs which the company uses to move clothing through the supply chain. Demand variability and short product lifecycles make this task extremely challenging, especially when coupled with limited storage space in many Zara stores. This thesis helps stores which are challenged by low storage capacity and high consumer demand by testing three inventory management methods. The first method creates a virtual cost in the inventory redistribution algorithm, which decreases the likelihood that an over-capacity store will hold an item. This method decreased the amount of post transfer inventory by 15 % in capacity constrained stores while only experiencing a .1% loss of profits when compared to the current process. The second method opens new transfer routes for capacity constrained stores to move inventory into stores which benefit from the additional items, while reducing the non-performing stock at the capacity constrained store. These store to store routes quickly transfer items while reducing the stock of the origin store. The final method improves existing capacity returns, which automatically move inventory from capacity constrained stores back to the Distribution Center. The new method optimizes the selection of items to improve redistribution to other stores, resulting in additional full priced sales, while removing the same amount of items from the origin store. The implementation of these processes will reduce stock management problems experienced at Zara stores, while ensuring that other stores have the opportunity to sell at full price.
by Michael Reed Macmillan.
M.B.A.
S.M. in Engineering Systems
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Dorman, Alec J. "Omni-Channel Retail and the New Age Consumer: An Empirical Analysis of Direct-to-Consumer Channel Interaction in the Retail Industry." Scholarship @ Claremont, 2013. http://scholarship.claremont.edu/cmc_theses/590.

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It is indisputable that the internet has become a necessary component of contemporary multi-channel retail, as more consumers are choosing to purchase goods online each year. As online spending continues to grow, many have called into question the future of brick-and-mortar retail. This thesis seeks to empirically prove that brick-and-mortar retail remains not only relevant, but indispensable in direct-to-consumer business models. The basis of this conjecture is the idea of channel synergism, in which online and brick-and-mortar operations are complementary. This theory is predicated on the emergence of the omni-channel retail, which is characterized by the integration of the various direct-to-consumer (D2C) channels to support cross-channel consumer interaction. To empirically test this hypothesis, key operating metrics were examined over the five year period from 2007 to 2011. By examining profitability trends and several D2C channel relationships, empirical support is developed to substantiate the claim that brick-and-mortar operations are not being driven into obsolescence by the growing prevalence of e-commerce transactions.
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Books on the topic "Retail Operations Management"

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Harris, Donald G. Retail operations management: A strategic approach. New York: Prentice Hall, 1992.

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Brenda, Oldfield, ed. Contemporary cases in retail operations. Basingstoke: Macmillan, 2000.

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Global franchising operations management: Cases in international and emerging markets operations. Upper Saddle River, N.J: FT Press, 2012.

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Are you the store manager?: A guide to retail food operations. [Paoli, PA]: JVC Associates, 1990.

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Arthur, Acred. How to write operations manuals. Marcus Beach, Qld., Australia: A. Acred, 1995.

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Redbook Florist Services. Educational Advisory Committee., ed. Retail flower shop operation. Paragould, Ark: Redbook Florist Services, 1991.

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Cathy, Hart, ed. Cases in retailing: Operational perspectives. Oxford: Blackwell, 1997.

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Thomas, Tilling, ed. So you want to own the store: Secrets to running a successful retail operation. Lincolnwood, Ill., U.S.A: Contemporary Books, 1997.

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Ishikawa, Akira. The success of 7-Eleven Japan: Discovering the secrets of the world's best-run convenience chain stores. Singapore: World Scientific, 1998.

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Ishikawa, Akira. The success of 7-Eleven Japan: Discovering the secrets of the world's best-run convenience chain stores. Singapore: World Scientific Publishing, 1998.

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Book chapters on the topic "Retail Operations Management"

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Attaran, Mohsen, and Angappa Gunasekaran. "Consumer Goods and Retail Industry." In SpringerBriefs in Operations Management, 59–61. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-27798-7_8.

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Randhawa, Ramandeep S. "Retail Analytics." In International Series in Operations Research & Management Science, 599–621. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-319-68837-4_18.

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Mahajan, Siddharth, and Garrett J. van Ryzin. "Retail Inventories and Consumer Choice." In International Series in Operations Research & Management Science, 491–551. Boston, MA: Springer US, 1999. http://dx.doi.org/10.1007/978-1-4615-4949-9_17.

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de Sousa Filho, Antonio José, Monalyza Teles Teixeira, Matheus Nogueira Leopoldino, and Tonny Kerley de Alencar Rodrigues. "The Broker as a Distribution Channel Model in the Perception of Retail Customers." In Operations Management for Social Good, 559–67. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-23816-2_55.

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Partyka, Raul Beal, Fernando Gonçalves Picasso, and Ely Laureano Paiva. "Retail Supply Chain Risk and Disruption: A Behavioral Agency Approach." In International Series in Operations Research & Management Science, 81–94. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-09183-4_4.

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Chan, Hau-Ling, Tsan-Ming Choi, and Jasmine Chun-Ying Lok. "Mass Market Second-Hand Clothing Retail Operations in Hong Kong: A Case Study." In Sustainable Fashion Supply Chain Management, 155–65. Cham: Springer International Publishing, 2015. http://dx.doi.org/10.1007/978-3-319-12703-3_8.

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Kingyens, Angela Tran, Joseph C. Paradi, and Fai Tam. "Bankruptcy Prediction of Companies in the Retail-Apparel Industry Using Data Envelopment Analysis." In International Series in Operations Research & Management Science, 299–329. Cham: Springer International Publishing, 2016. http://dx.doi.org/10.1007/978-3-319-48461-7_13.

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Murthy, R. A. Dakshina, and Leena James. "Drivers for Adoption of Green Logistics as a Means to Achieve Circular Economy by Organized Retail Sector." In Circular Economy for the Management of Operations, 221–37. First edition. | Boca Raton, FL : CRC Press, 2021. | Series: Mathematical engineering, manufacturing, and management sciences: CRC Press, 2020. http://dx.doi.org/10.1201/9781003002482-11.

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Koç, Çağrı, Mehmet Erbaş, and Eren Özceylan. "The Impact of Routing on CO2 Emissions at a Retail Grocery Store Chain: A GIS-Based Solution Approach." In International Series in Operations Research & Management Science, 143–60. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-97511-5_5.

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Andreoni, Giuseppe, Giorgio Cassiolas, Carlo Emilio Standoli, Stefano Elio Lenzi, Paolo Perego, and Nicola Francesco Lopomo. "Automatic Classification of Working Activities for Risk Assessment in Large-Scale Retail Distribution by Using Wearable Sensors: A Preliminary Analysis." In Digital Human Modeling and Applications in Health, Safety, Ergonomics and Risk Management. Health, Operations Management, and Design, 151–64. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-06018-2_10.

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Conference papers on the topic "Retail Operations Management"

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Maizi, Yasmina, and Ygal Bendavid. "Leveraging on the Digital Twin for improving retail store daily operations management." In The 19th International Conference on Modelling and Applied Simulation. CAL-TEK srl, 2019. http://dx.doi.org/10.46354/i3m.2019.mas.013.

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With the fast development of IoT technologies and the potential of real-time data gathering, allowing decision makers to take advantage of real-time visibility on their processes, the rise of Digital Twins (DT) has attracted several research interests. DT are among the highest technological trends for the near future and their evolution is expected to transform the face of several industries and applications and opens the door to a huge number of possibilities. However, DT concept application remains at a cradle stage and it is mainly restricted to the manufacturing sector. In fact, its true potential will be revealed in many other sectors. In this research paper, we aim to propose a DT prototype for instore daily operations management and test its impact on daily operations management performances. More specifically, for this specific research work, we focus the impact analysis of DT in the fitting rooms’ area.
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Mađarac, Sandra Mrvica, Marko Eljuga, and Zvonimir Filipović. "THE IMPACT OF THE PANDEMIC CRISIS ON SALES BUSINESSES – CASE STUDIES." In 6th International Scientific Conference ERAZ - Knowledge Based Sustainable Development. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2020. http://dx.doi.org/10.31410/eraz.2020.21.

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The entire world is facing with the impact and consequences of the COVID 19 pandemic, what is reflected in various spheres of social life. In the conditions of the crisis management, companies are forced to adapt to the new situation in order to survive on the market. Sales companies have had to make changes in their former business; namely in their organization, logistics, retail supply channels that are now oriented towards the online sales without contact when delivering to customers. The Civil Protection Headquarters of the Republic of Croatia has brought a Decision by which are regulated the working hours and the method of work in the trade business during the Coronavirus epidemic, according to which it is obligatory for all stores to organize their work in compliance with general anti-epidemic measures and special recommendations of the Croatian Institute of Public Health. In the paper are listed and analyzed changes in the sales operations of the two companies due to the pandemic crisis; one company deals with the sale of agricultural machinery and the other with the sale of food products.
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Misewicz, David, Anita Cuevas Smith, Maher Nessim, and David Playdon. "Risk-Based Integrity Project Ranking." In 2002 4th International Pipeline Conference. ASMEDC, 2002. http://dx.doi.org/10.1115/ipc2002-27214.

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Kinder Morgan, Inc. (KMI) is one of the largest midstream energy companies in North America, operating more than 30,000 miles of natural gas and product pipelines. Major interstate natural gas pipeline assets include Natural Gas Pipeline Company of America (NGPL), Kinder Morgan Interstate Gas Transmission, L.L.C., TransColorado and Trailblazer. NGPL transports up to 5.7 billion cubic feet (Bcf)/day) of natural gas through 10,000 miles of pipeline and has 210 Bcf of working gas storage. Other gas pipeline operations in intrastate service include Kinder Morgan Texas Pipeline, L.P., Kinder Morgan Tejas Pipeline, L.P., Northern Gas Company and Rocky Mountain Natural Gas Company. KMI affiliates also own and operate significant liquid pipelines, CO2 pipelines, bulk and liquids terminals, natural gas retail distribution and electric generation. KMI has a long history of performance under a risk based Integrity Management Program. Integrity maintenance projects carried out in a given year are selected from a list of proposals submitted by individual pipeline operations managers. A variety of integrity project proposals are received for specific pipeline segments each year, including replacements, in-line inspections and hydrostatic tests. KMI’s Risk Engineering group performs a risk-based evaluation of the projects proposed in any given year to identify the most cost effective collection of projects that provide the greatest level of risk reduction. The approach is based on a benefit cost ratio, defined as the expected risk reduction in dollars per mile over the project useful life, divided by the total project cost. Risk reduction is estimated using a quantitative risk analysis approach in which the failure rate reduction achieved by carrying out a given project is multiplied by the expected failure costs. The project ranking provides a useful guide for selecting projects that fit within the maintenance budget while providing the greatest risk reduction. The benefit cost results can also be used as a tool to justify the maintenance budget. This paper describes the quantitative risk evaluation approach and demonstrates its benefits, which include substantial potential savings and a convincing case to support the decisions made.
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Di Palma, Diego, Marco Lucentini, and Flavio Rottenberg. "Energy Efficiency Management Protocol in the Large Scale Retail." In ASME 2011 International Mechanical Engineering Congress and Exposition. ASMEDC, 2011. http://dx.doi.org/10.1115/imece2011-63408.

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The paper presents the results of a two years research on the field of energy management systems. These systems range from the largest ones found in industrial plants down to the smallest utilized by the residential consumers. The goal is to define an energy management system specific to supermarkets sector including hypermarkets operating in large scale retail. The need to ensure continuity and quality of energy services, the high energy consumptions, the complexity of operation and maintenance facilities and, in general, the lack of strategies in energy end uses are just some of the reasons that have oriented the research in this sector. On the other hand, the groups operating in the large-scale retail, in order to contain costs, have always walked the path of maximum standardization of plants characteristics or, in most cases, the implementation of economy of scale in purchasing and maintenance; strategies not sufficient to ensure real savings considering the rising costs of energy. The starting points of the research have been some energy efficiency actions applicable to this type of consumers: buildings and facilities design, optimization of energy purchasing, management of maintenance, monitoring and collecting energy data, promotion of best practices in end uses, energy benchmarking, etc. For the purpose an energy audit was developed in the biggest supermarket and hypermarket chain in Italy during the last two years; the results led to the implementation of an operative protocol that makes possible to achieve energy savings in excess of 20%. The large number of supermarkets analyzed, the rigorous approach to the measurement and the monitoring of energy data, the possibility to verify the results in a ongoing way and the use of simulation models and software, permit a feasible extension to similar contexts.
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Mustafina, Olga, Irina Tkachenko, Nadezhda Necheukhina, and Natalia Pryadilina. "Trends in Financial Management of Operating Costs of Retail Network Business Structures." In Second Conference on Sustainable Development: Industrial Future of Territories (IFT 2021). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/aebmr.k.211118.052.

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Joshi, Mehul, Padmanabhan Ramabhaskaran, Ankit Shah, Sandeep Soni, Rohan Gupte, and Jitendra Mitra. "Remote Automated Well Test Operation on Un-Manned Well-Head Tower to Achieve Operational Safety and Efficiency." In ADIPEC. SPE, 2022. http://dx.doi.org/10.2118/211016-ms.

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Abstract The unmanned operation in an offshore operating asset with large number of wells inherits a variety of operational and safety challenges, which demands innovation and emerging technology adoption. This paper demonstrates one of such operational activities related to well testing, where the value realized from mitigation of challenges brings significant process improvement in terms of safety and efficiency. Moreover, this paper also highlights the importance of planning and implementing such an initiative to overcome the process optimization challenges and associated change management risks. The current process of well test operation requires the process engineer to divert the well strings by operating the valves manually to perform the test. The associated challenges related to the execution of such an operation were captured while devising the automated well test approach for remote WHT. This solution was formulated on a fallback strategy to retain the existing process in case of remote access failure. Using the SCADA system at the control location, the operator can execute the remote operation using a simplified process just by selecting a well and initiating the associated test operation. This automated process enabled users to plan, execute, and control the well test operation seamlessly, realizing operational KPIs safely and efficiently. The manual interventions and related mistakes were minimized by using this automated approach. The interlock feature of the approach brought automation and operational efficiency to the process due to the system performing conditional checks on different associated equipment in this process. This significantly improved the manhour efforts and interlinked human errors, which could otherwise cause a significant loss of operational time and cost. The seamless integration with corporate data sources assured information flow from field to head offices fast and accurately, which adds to the process efficiency by avoiding human errors related to manual data handling. The integration aspect of this solution was unique as it was based on constant feedback and rigorous testing with end-users, along with robust architecture to incorporate various IT components and OT cybersecurity concerns. The novelty of this solution was based on an approach that caters to the complexity, safety and process efficiency concerns of the current process when observed from the operational challenges associated with a giant producing field in a remote location. This brings the field in control and enables the asset operation team to plan the operations in a proactive manner, delivering quality outputs while achieving the critical operational KPIs.
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Benza, Mauro, Chiara Bersani, Davide Giglio, and Roberto Sacile. "Mixed vendor/retailer management of zero-cost multill-inventory systems." In 2017 IEEE International Conference on Service Operations and Logistics and Informatics (SOLI). IEEE, 2017. http://dx.doi.org/10.1109/soli.2017.8120973.

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Jing, Zhang, and Sheng Ya. "Notice of Retraction: An analysis of the elements of retail enterprise's operating model." In 2010 2nd IEEE International Conference on Information Management and Engineering (ICIME 2010). IEEE, 2010. http://dx.doi.org/10.1109/icime.2010.5477528.

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Lei, X., J. Y. Liu, L. Du, and D. P. Xing. "Retail price decision model considering customers benefits and purchasing risk of distribution utilities." In 7th IET International Conference on Advances in Power System Control, Operation and Management (APSCOM 2006). IEE, 2006. http://dx.doi.org/10.1049/cp:20062021.

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Weiyu Chen and Junjun Fu. "The operating performance evaluation of retail industry listed companies based on factor analysis." In 2011 2nd International Conference on Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC). IEEE, 2011. http://dx.doi.org/10.1109/aimsec.2011.6011415.

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