Efficient and Effective Supply Chain Discussion Questions

Efficient and Effective Supply Chain Discussion Questions

Instructions/Descriptions

Efficient and Effective Supply Chain Discussion Questions

[Order Now]

DQ3 – Supply and Demand

Consumers have 5 key reactions to stockouts:

Buy the item at another store

Substitute a different brand

Substitute the same brand

Of the five reactions listed above… how do YOU find yourself reacting as a customer in a stockout situation?  Why do you think that is?

Of the five reactions listed above… which is the most harmful to a retailer?  Why?

Delay the purchase

Do not purchase the item at all

Thinking about that, please answer the following:

What is a stockout?  Please define this in your own terms

Of the five reactions listed above… how do YOU find yourself reacting as a customer in a stockout situation?  Why do you think that is?

Of the five reactions listed above… which is the most harmful to a retailer?  Why?

How would you suggest a retailer handle a stockout situation… in other words, what should retail employees say to, or do for, customers in this stockout situation?

If you were starting a new retail store today, what specific technology or concept mentioned in Chapter 9 would you feel is most important one to implement in order to have an efficient and effective supply chain?  Why?

Efficient and Effective Supply Chain Discussion Questions

PLACE THE ORDER WITH US TODAY AND GET A PERFECT SCORE!!!