Dear All,
please find below the invitation to our next PIDSIA Seminar.
When:
Tuesday 4th of September at noon (12PM)
Where:
Galleria 1 Building in Manno, second floor, room G1 204
Title:
Combatting stockouts
Abstract:
Stockouts are a menace. Despite decades of investments and research, shelves are still
empty, online orders not filled. Simply because stuff isn’t there. That is because
inventory management is notoriously difficult for retailers in their multi-tier supply
chains. Stocking too much causes inefficiency, markdowns, and waste. Stocking too little
causes lost sales, dissatisfies shoppers, and diminishes loyalty. Finding out where, when
and why what happened that caused items to be missing and at what cost is a tedious,
manual, and time consuming task. So it rarely gets done. This presentation gives an
overview of the causes and costs of stockouts, and invites the audience to gather ideas
for the automated identification and classification of stockouts and their causes from
data - in order to create and submit a collaborative funding / research proposal.
Short bio:
Joachim C.F. Ehrenthal is Professor for Business Information Systems at the University of
Applied Sciences and Arts Northwestern Switzerland FHNW. He holds a PhD from the
University of St.Gallen, and a MSc in Business Administration from Mannheim University.
From his business and academic background, he specialises in co-creation of value and
supply chain management.
Registration:
Pizza (or alternative food) and drinks will be offered
at the end of the talk. If you plan to attend, please register in a
timely fashion at the following link so that we will have no shortage of food:
https://doodle.com/poll/vrw2f9mti3b3ixiu