Practice Summary: Le Macaron Implements Ordering Optimization
Michael F. Gorman ()
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Michael F. Gorman: Department of MIS, Operations and Analytics, University of Dayton School of Business, Dayton, Ohio 45469
Interfaces, 2021, vol. 51, issue 3, 236-241
Abstract:
Le Macaron French Pastries is based in Sarasota, Florida. Its central commissary specializes in baking macarons, a small, French-style pastry. It has more than 60 retail franchises throughout the United States, which order in large lots from the commissary. We developed a low-cost, user-friendly, and creative solution for the franchises to easily improve their orders to minimize costs and maintain product freshness. Implemented benefits include an 80% improvement in inventory at time of order, a 75% reduction in the number of orders, and an improvement in product freshness.
Keywords: lot size; joint replenishment; Excel; entrepreneurial optimization (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:51:y:2021:i:3:p:236-241
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