About this Presentation
In a 2 minute video it is shown how much bigger the problems still are in the supply chain environment. What is the constraint? How do most companies go about their supply chain and what should we do according to the S&T for a supply chain. Highlighted subjects are: aggregation; order lead time and its effects; the conflict between retailer and supplier; the ROI calculation as the opportunity to get the full attention of the retailer; the astonishing potential results; and the effects of the financial crisis. These subjects are all related to how we should read the supply chain strategy and tactics (S&T) tree. Furthermore introductions are made to the other presenters and their results and experiences.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The speaker emphasizes the importance of distinguishing between consumer wants and needs when it comes to product availability. This understanding can help retailers manage their inventory more effectively.
The speaker discusses the concept of 'feast and famine' in retail, where there is always a surplus or shortage of products despite efforts to manage inventory. He suggests that improving sales forecasting models can help address this issue.
The speaker highlights the potential for increased sales and improved inventory management through cooperation between suppliers and retailers. He suggests that suppliers and retailers should work together to ensure better product availability.
Instructor(s)
