Clustering as a tool for optimizing the sale of consumer goods
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21260%2F17%3A00314336" target="_blank" >RIV/68407700:21260/17:00314336 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Clustering as a tool for optimizing the sale of consumer goods
Original language description
Nowadays, most sales of consumer goods are realized by e-shops. For these shops, of course, it is impossible – in terms finance and/or space - to have large quantities of these goods in stock. It is therefore necessary to reduce the offered goods in a suitable and sophisticated way. In this work, based on the knowledge of historical data and using the Cluster Analysis, the sales offer of these goods is optimized. Here the supply of goods is reduced depending on the price and the sale time using the real data. With this reduction, only a certain type and quantity of goods can be stocked within a certain time period to be offered at that time period. The entire supply of goods is selected by individual clusters that determine what goods, at what prices and in what time period are at a certain moment beneficial to sell. This therefore reduces the total sales offer and hence the need to own or fund unnecessarily large warehouses. The cluster analysis is applied to the real data of laptop sales in a medium-sized e-shop in the Czech Republic for the period 2016.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of IAC 2017 in Vienna
ISBN
978-80-88203-03-2
ISSN
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e-ISSN
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Number of pages
4
Pages from-to
135-138
Publisher name
Czech Institute of Academic Education z.s.
Place of publication
Praha
Event location
Vídeň
Event date
Aug 18, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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