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Assignment:
Explain how an efficient supply chain can increase a retailer's level of product availability and decrease its inventory investment.
•This chapter presents some trends in logistics and information systems that benefit retailers. How do vendors benefit from these trends?
•What type of merchandise is most likely to be cross docked at retailers' distribution centers? Why is this often the case?
•Explain the difference between Pull and Push supply chains.
•Consumers have 5 key reactions to stockouts: buy the item at another store, substitute a different brand, substitute the same brand, delay the purchase, or do not purchase the item. Consider your own purchasing behaviour and describe how various categories of merchandise would result in different reactions to a stockout.
Evaluate Supply Sources step, the firm: options: performs a spend analysis. decides which suppliers are located closest to the firm's plant
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For each framework in the discussion, describe the framework, the commonly understood name it is referred to in supply chain circles.
MR3366 Logistics and Supply Chain Management Assignment Help and Solution, University of Central Lancashire - Assessment Writing Service
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