The research represents a comprehensive study of retail operation. The paper elaborates a broad perspective of a demand and supply chain which interacts with macro and micro environmental factors and translates it into a customer requirement. The authors describe on different techniques and tools on demand and supply planning which leads to an optimized level of inventory, less cash outflow, higher product varieties and a greater customer satisfaction. Eventually fulfilling all these ensures increase in sales and profits to stakeholders; an ultimate objective of a firm. This paper demonstrates a holistic view on how a firm’s supply chain operates as a whole. In addition, this study also highlights some retail examples in the US as well as in Bangladesh which unlock further frontiers for the practitioners and prospective researchers to replenish their practices as well as expertise in the retail industry respectively.
| Published in |
International Journal of Business and Economics Research (Volume 3, Issue 6-1)
This article belongs to the Special Issue Supply Chain Management: Its Theory and Applications |
| DOI | 10.11648/j.ijber.s.2014030601.18 |
| Page(s) | 51-56 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Vendor Managed Inventory (VMI), Electronic Data Interchange (EDI), Collaborative Planning, Forecasting and Replenishment (CPFR), Enterprise Resource Planning (ERP), Supply Chain, Demand & Supply
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APA Style
Ferdoush Saleheen, Md. Mamun Habib, Bishwajit Banik Pathik, Zurina Hanafi. (2014). Demand and Supply Planning in Retail Operations. International Journal of Business and Economics Research, 3(6-1), 51-56. https://doi.org/10.11648/j.ijber.s.2014030601.18
ACS Style
Ferdoush Saleheen; Md. Mamun Habib; Bishwajit Banik Pathik; Zurina Hanafi. Demand and Supply Planning in Retail Operations. Int. J. Bus. Econ. Res. 2014, 3(6-1), 51-56. doi: 10.11648/j.ijber.s.2014030601.18
AMA Style
Ferdoush Saleheen, Md. Mamun Habib, Bishwajit Banik Pathik, Zurina Hanafi. Demand and Supply Planning in Retail Operations. Int J Bus Econ Res. 2014;3(6-1):51-56. doi: 10.11648/j.ijber.s.2014030601.18
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Download@article{10.11648/j.ijber.s.2014030601.18,
author = {Ferdoush Saleheen and Md. Mamun Habib and Bishwajit Banik Pathik and Zurina Hanafi},
title = {Demand and Supply Planning in Retail Operations},
journal = {International Journal of Business and Economics Research},
volume = {3},
number = {6-1},
pages = {51-56},
doi = {10.11648/j.ijber.s.2014030601.18},
url = {https://doi.org/10.11648/j.ijber.s.2014030601.18},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.s.2014030601.18},
abstract = {The research represents a comprehensive study of retail operation. The paper elaborates a broad perspective of a demand and supply chain which interacts with macro and micro environmental factors and translates it into a customer requirement. The authors describe on different techniques and tools on demand and supply planning which leads to an optimized level of inventory, less cash outflow, higher product varieties and a greater customer satisfaction. Eventually fulfilling all these ensures increase in sales and profits to stakeholders; an ultimate objective of a firm. This paper demonstrates a holistic view on how a firm’s supply chain operates as a whole. In addition, this study also highlights some retail examples in the US as well as in Bangladesh which unlock further frontiers for the practitioners and prospective researchers to replenish their practices as well as expertise in the retail industry respectively.},
year = {2014}
}
TY - JOUR T1 - Demand and Supply Planning in Retail Operations AU - Ferdoush Saleheen AU - Md. Mamun Habib AU - Bishwajit Banik Pathik AU - Zurina Hanafi Y1 - 2014/12/11 PY - 2014 N1 - https://doi.org/10.11648/j.ijber.s.2014030601.18 DO - 10.11648/j.ijber.s.2014030601.18 T2 - International Journal of Business and Economics Research JF - International Journal of Business and Economics Research JO - International Journal of Business and Economics Research SP - 51 EP - 56 PB - Science Publishing Group SN - 2328-756X UR - https://doi.org/10.11648/j.ijber.s.2014030601.18 AB - The research represents a comprehensive study of retail operation. The paper elaborates a broad perspective of a demand and supply chain which interacts with macro and micro environmental factors and translates it into a customer requirement. The authors describe on different techniques and tools on demand and supply planning which leads to an optimized level of inventory, less cash outflow, higher product varieties and a greater customer satisfaction. Eventually fulfilling all these ensures increase in sales and profits to stakeholders; an ultimate objective of a firm. This paper demonstrates a holistic view on how a firm’s supply chain operates as a whole. In addition, this study also highlights some retail examples in the US as well as in Bangladesh which unlock further frontiers for the practitioners and prospective researchers to replenish their practices as well as expertise in the retail industry respectively. VL - 3 IS - 6-1 ER -
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