For products such as home appliances, toys, garments, and consumer electronics, what factors would influence selecting an onshore, near-shore, or offshore supplier?
Answer to relevant QuestionsConsider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the different flows involved. Where would you place the demand faced by Nordstrom on the implied demand uncertainty spectrum? Why? How could a grocery store use inventory to increase the responsiveness of the company’s supply chain? In what ways can a retailer such as Nordstrom take advantage of revenue management opportunities? Demand for hairdresser is much higher over the weekend, when people are not at work. What revenue management techniques can be used by such a business?
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