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A Leading Lifestyle Brand Retailer In Taiwan
Essay specific features
Written by:
Arthur M
Date added:
December 6, 2014
Level:
University
Grade:
A
No of pages / words:
6 / 1679
Was viewed:
6166 times
Rating of current essay:
Essay content:
Retailer buying teams would rely
on historic sales data to make intuitive forecasts
and make big minimum order quantity purchas-
es to drive down price. This would severely
undermine the corporate supply chain wellness
and merchandizing capability to react to the
fluctuating market demand. Without a contin-
uous forecast and replenishment discipline on
the inventory side, the out-of-stock rate for
popular items cannot be replenished in time,
and the less popular items continue to increase
the inventory costs...
displayed 300 characters
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Retailer buying teams would rely
on historic sales data to make intuitive forecasts
and make big minimum order quantity purchas-
es to drive down price. This would severely
undermine the corporate supply chain wellness
and merchandizing capability to react to the
fluctuating market demand. Without a contin-
uous forecast and replenishment discipline on
the inventory side, the out-of-stock rate for
popular items cannot be replenished in time,
and the less popular items continue to increase
the inventory costs...
displayed 300 characters
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