A Leading Lifestyle Brand Retailer In Taiwan

Essay specific features

 

Issue:

Business

 

Written by:

Arthur M

 

Date added:

December 6, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1679

 

Was viewed:

6170 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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