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패스트 패션의 재고비용 최적화를 위한 상품공급 물량 산정 모델A Computation Model of the Quantity Supplied to Optimize Inventory Costs for Fast Fashion Industry

Other Titles
A Computation Model of the Quantity Supplied to Optimize Inventory Costs for Fast Fashion Industry
Authors
박현성박광호김태영
Issue Date
Mar-2012
Publisher
한국산업경영시스템학회
Keywords
Fast Fashion; SPA; Forecasting Assortment Plan; Sales Capacity; Production Capacity
Citation
한국산업경영시스템학회지, v.35, no.1, pp 66 - 78
Pages
13
Indexed
KCI
Journal Title
한국산업경영시스템학회지
Volume
35
Number
1
Start Page
66
End Page
78
URI
https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/35772
ISSN
2005-0461
Abstract
This paper proposes a computation model of the quantity supplied to optimize inventory costs for the fast fashion. The model is based on a forecasting, a store and production capacity, an assortment planning and quick response model for fast fashion retailers, respectively. It is critical to develop a standardized business process and mathematical model to respond market trends and customer requirements in the fast fashion industry. Thus, we define a product supply model that consists of forecasting,assortment plan, store capacity plan based on the visual merchandising, and production capacity plan considering quick response of the fast fashion retailers. For the forecasting, the decomposition method and multiple regression model are applied. In order to optimize inventory costs. A heuristic algorithm for the quantity supplied is designed based on the assortment plan, store capacity plan and production capacity plan. It is shown that the heuristic algorithm produces a feasible solution which outperforms the average inventory cost of a global fast fashion company.
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