Abstract
In this paper, a generic retailer-oriented portfolio simulation system linking manufacturer, retailer, and customer in apparel supply chain is presented. The purpose of the simulator is to generate a portfolio consisting of replenishment strategy and performance index under different sales forecasting errors to satisfy the retailer-defined customer service level in apparel industry. After analyzing the main parameters in the portfolio simulator, the procedure and detailed structure of the simulator are then described. With the use of data from the industry, one case study of the portfolio simulator is achieved and the process of the simulation is validated.
| Original language | English |
|---|---|
| Pages (from-to) | 207-215 |
| Number of pages | 9 |
| Journal | Journal of Donghua University (English Edition) |
| Volume | 26 |
| Issue number | 2 |
| Publication status | Published - 1 Jan 2009 |
Keywords
- Apparel industry
- Replenishment strategy
- Simulation system
- Supply chain management -
ASJC Scopus subject areas
- Polymers and Plastics
- Industrial and Manufacturing Engineering