PART $2$: Retail Management II

$(100$ MARKS$)$

Based on your findings and recommendations in Part $1,$ apply retail management principles in changing the current situation.

Design a supply chain management strategy for the retailer discussed in Part $1$ and elaborate its impact on the overall retail performance. Substantiate your discussion on relevant theory.

$(30$ Marks$)$

Design a retail strategy for the retailer discussed in Part $1.$ Your retail strategy should help the retailer to improve the situation above. Elaborate on the impact of your retail strategy on business performance.

$(30$ Marks$)$

Design an operation plan on how the retail strategy and any other strategies in Part $1$ will be implemented. Basic elements of an operational plan should be considered to include objective, responsible person timeframe etc.

$(30$ marks$)$

Based on reliable information, conduct a mini sales forecast of the retail store for the year ending December $2024.$

$(10$ marks$)$