Articles
| Open Access | THE EFFECT OF SCHEDULING STRATEGIES ON RETAIL ASSORTMENT SIZE DYNAMICS
Liam Wilson , State University of New York at Oneonta, Oneonta, NY, USAAbstract
Scheduling strategies play a significant role in shaping retail assortment size, influencing both product availability and inventory management. This study examines the relationship between various scheduling methods—such as fixed, dynamic, and demand-based scheduling—and the size of product assortments offered in retail settings. By analyzing how different scheduling approaches impact inventory turnover, stockouts, and overstock situations, the research explores how retailers can optimize assortment size to meet consumer demand while minimizing operational costs. The findings suggest that flexible, demand-driven scheduling strategies lead to more efficient assortment planning, resulting in optimal product availability and improved customer satisfaction. In contrast, rigid scheduling methods may restrict assortment size, potentially leading to missed sales opportunities or excess inventory. This paper offers insights into how retailers can refine their scheduling practices to enhance inventory management and assortment optimization in a competitive market.
Keywords
Scheduling Strategies, Retail Assortment Size, Inventory Management
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Copyright (c) 2024 Liam Wilson
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Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.