Buy custom Reinventing the value chain
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| Topic: |
Business
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| Number of pages / Number of words: |
16 / 4249 |
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Thus, all players are always on their toes. Lean retailing aims to achieve zero inventory with improved order fill-rates. RFID technologies can greatly help in eliminating unnecessary losses such as excessive inventory carrying cost, obsolescence etc. Other tools/ methodologies which have contributed to better supply chain performance are information technology, global sourcing, bundling, supplier relationship management, Vendor managed inventory, Collaborative planning and forecasting etc...
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Other tools/ methodologies which have contributed to better supply chain performance are information technology, global sourcing, bundling, supplier relationship management, Vendor managed inventory, Collaborative planning and forecasting etc.
The position of power is slowly shifting to the end consumers who today look beyond the product or service...
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General points of the essay
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