Title :
Mining paths and transactions data to improve allocating commodity shelves in supermarket
Author :
Li, Hong-bo ; Wang, Wei ; Ding, Hong-wei ; Dong, Jin
Author_Institution :
IBM Res. - China, Beijing, China
Abstract :
How to deploy commodities for sale in different shelves in a supermarket in order to obtain better benefit for merchants with considering convenience for customers is an important topic in the retail area. In this paper, we present a new method for allocating commodity shelves in supermarket based on customers´ shopping paths and transactions data mining. Therein, customers´ shopping paths data can be obtained by shopping cart or basket, on which RFID (Radio Frequency Identification) tags located. And shopping transaction data can be obtained from POS (Point of Sales) machine. Through integrating and mining the frequent paths data and transactions data, See-Buy Rate, which refers to an approximate probability to purchase this commodity for customers when they see this commodity, can be calculated for each commodity. Based on SeeBuy Rate, we build benefit optimization model to obtain the optimal allocating solution with considering the profit, sales volume, and purchase probability of the commodity. At last, one computation example is illustrated to show how to apply this method to practice.
Keywords :
customer services; data mining; optimisation; probability; purchasing; radiofrequency identification; retailing; transaction processing; POS machine; RFID tags; allocating commodity shelves; approximate probability; benefit optimization model; customers shopping paths; frequent paths data; mining paths; optimal allocating solution; point of sales machine; purchase probability; radio frequency identification tags; see-buy rate; shopping cart; shopping transaction data; supermarket; transactions data mining; Joints; Radio frequency; Radiofrequency identification; Resource management; RFID; Shopping paths; data mining; optimization model; transaction data;
Conference_Titel :
Service Operations and Logistics, and Informatics (SOLI), 2012 IEEE International Conference on
Conference_Location :
Suzhou
Print_ISBN :
978-1-4673-2400-7
DOI :
10.1109/SOLI.2012.6273512