A Study on Supermarket Chains of Multi-category Inventory Management Strategy

Abstract

Nowadays, the supermarket chains face the multi-category goods of which gross profit rate and sales volume are different. In this paper we study on supermarket chains of multi-category inventory management strategy. Firstly, we carry out classification on the goods by the method of retailer-oriented category roles. Then, we set different service level for different category goods. At last, we discuss the different categories of the optimal reorder point and the optimal order quantity.