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case: The Profit - Santa's Toys
Question: After watching the episode, describe and explain 3 new things you learned (or things you already knew but were reinforced) from this episode. Do not provide your response in point form.
Use full sentences. After explaining the 3 new things, select one of those topics and provide an explanation. At a minimum, you should explain the concept in more detail, and why it is important in a retail context. You may discuss any other thoughts that you deem are important for a reader to better understand the concept. You may also want to provide examples if it helps to more fully explain the concept and importance. provide outside research to help support your views
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1.Southern Markets, Inc., is considering the use of ABC analysis to focus on the most critical SKUs in its inventory. Currently, there are approximately 20,000 different SKUs with a total dollar usage of $10,000,000 per year.
Most people don't give a second thought to the soccer ball's journey to the pitch. It's safe to say, though, that just as much careful supply chain planning.
Knowing the importance of small business to our local, state, and national economies you are now living the distress in a personal way.
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