Optimal ordering decisions for garment supply chain with demand information updating
Source abstract
Abstract
To help garment retailers successfully cope with the uncertainty of market demand on garment products,optimal ordering decisions for the supply chain with demand information updating are studied.Starting from the second supply chain consisting of suppliers and retailers,how to place reasonable orders for a retailer in a sales period is discussed based on the selling cycle characteristics of garment products and demand information updating.After comparing the strategy of one-time-ordering with three-time-ordering,it shows that three-time-ordering is more profitable and the accuracy of the market demand forecast made by retailers before the start of sales period have great influence on garment supply chain benefit.
Source: openalex_inverted_index · Quality: baseline
Research context
OpenAlex topics: Supply Chain and Inventory Management
SciVX discovery tags are terminology-based. OpenAlex topics are source-provided classifications.
References
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