Analyze effect of efficient supply chain system on increase in retailer’s level of product availability and decrease in inventory investment.
Retail Store Operation and Inventory Management
1. If you are owner of a multichannel retail stores, would you offer the same assortment of products for sale, at the same price on its website and the physical store? Why or why not? Give examples.
2. Discuss strategy for market penetration, a retail format development, a market expansion and a diversification for growth that a large retailer like Tata Clique or Best Buy may use.
3.a. Analyze effect of efficient supply chain system on increase in retailer’s level of product availability and decrease in inventory investment.
3.b. Evaluate from Retailers as well as customer’s perspectives use of manufacturer’s brands vs private label brands in retail operations of a large retail chain?
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