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Fashion Retail Supply Chain Management: A Systems Optimization Approach is a comprehensive reference source that provides the state-of-the-art findings on many important emerging research issues related to retail supply chain management and optimization problems. The book takes an explicit systems approach, and discusses retailled fashion supply chain coordination mechanisms and consumer market informationdriven fashion retail supply chain models, as well as suggesting future research avenues.
This volume will be of interest not only to those involved in the fashion industry, but also to academics and practitioners in the wider fields of business, manufacturing engineering, systems engineering and supply chain management.
Editorial board
Preface
About the author
1 Fashion retail supply chain management –An introduction
1.1 What is fashion retail supply chain management?
1.2 Overview of this book
References
2 Customer service management in fashion retail supply chains
2.1 Introduction
2.2 Quantitative customer service performance measures
2.3 Retail service quality scale
2.3.1 Conceptual model and related studies
2.3.2 The RSQS based systems optimization model
2.3.3 Numerical example
2.3.4 Numerical sensitivity analysis
2.4 Conceptual framework: Deming’s Quality Management Framework
2.5 Conclusion
References
Appendix: Tables of the numerical analysis
3 Inventory models and coordination in fashion retail supply chains
3.1 Introduction
3.2 The EOQ model-based retail inventory problem
3.2.1 An illustrative example
3.2.2 Optimal inventory decisions and ordering frequency
3.2.3 Numerical example
3.3 The newsvendor model-based retail inventory problem
3.3.1 An illustrative fast fashion retailing example
3.3.2 Profit maximization model
3.3.3 A numerical example
3.3.4 Remarks
3.4 Coordination in fashion retail supply chain systems
3.4.1 EOQ model based inventory planning
3.4.2 Newsvendor model-based inventory planning
3.5 Sensitivity analysis
3.5.1 The EOQ-based model
3.5.2 The newsvendor problem-based model
3.6 Conclusion
References
Appendix: Tables of the numerical analysis
4 Efficient consumer response in fashion retail supply chain systems
4.1 Introduction
4.2 Basic analytical model
4.3 Profit analysis for the fashion retailer
4.4 All-win situation
4.5 Supply chain coordination
4.6 Numerical analysis
4.7 Conclusion
References
Appendix: Tables of the numerical analysis
5 New product selection in fashion retail supply chains
5.1 Introduction
5.2 Basic model
5.3 Analysis: Scenario one
5.4 Analysis: Scenario two
5.5 Numerical analysis
5.5.1 Scenario one
5.5.2 Scenario two
5.6 Conclusion
References
Appendix: Tables of the numerical analysis
6 Mean-risk analysis for fashion retail supply chain information systems projects
6.1 Introduction
6.2 Problem formulation
6.3 Mean-variance analysis
6.3.1 Model details
6.3.2 Example 1
6.3.3 Example 2
6.4 Mean-semi-variance approach
6.5 Safety-first objective
6.6 Information system portfolio
6.7 Conclusion
References
7 Fashion retail supply chain management – Concluding remarks
7.1 Managerial insights
7.2 Future research directions
References
Subject index
Dr. Tsan-Ming Choi (Jason) is currently an Associate Professor in Fashion Business at The Hong Kong Polytechnic University. Over the past few years, he has actively participated in a variety of research projects on supply chain management and applied optimization. He has authored/edited ten books and guest-edited twelve special issues for various leading journals on related topics. He has published over 100 papers in peer-refereed academic journals such as Annals of Operations Research, Automatica, Computers and Operations Research, Decision Support Systems, European Journal of Operational Research, IEEE Transactions on Automatic Control, IEEE Transactions on Automation Science and Engineering, IEEE Transactions on Industrial Informatics, IEEE Transactions on Systems, Man, and Cybernetics (Parts A, B, C; Systems), International Journal of Production Economics, International Journal of Production Research, Journal of the Operational Research Society, Omega, Production and Operations Management, Service Science (INFORMS Journal), Supply Chain Management, Textile Research Journal, Tourism Management, Transportation Research, etc. He is currently an area editor/associate editor/guest editor of Annals of Operations Research, Asia-Pacific Journal of Operational Research, Decision Sciences, Decision Support Systems, European Management Journal, IEEE Transactions on Systems, Man, and Cybernetics - Systems, Information Sciences, Journal of Fashion Marketing and Management, Journal of the Operational Research Society, Production and Operations Management, and various other operations management and information systems journals. He is also an executive committee member of professional organizations such as IEEE-SMC (HK) and POMS (HK). He received the President's Award for Excellent Achievement of The Hong Kong Polytechnic University in November, 2008 (the most prestigious award for a faculty member at the university level). He is a member of various internationally renowned professional organizations such as IEEE, INFORMS, ITAA, and POMS.