Module 5: Sell it & Service It: Retail Considerations - ASU's W. P. Carey School

Module 5 Sell it & Service It: Retail Considerations
Part 5 of 12 Retail stores the final frontier of supply chain management? Well, not quite, but retail is an extremely important supply chain consideration. Retail facilities can be the final connection between the supply chain and the consumer. A weak retail link can render the rest of your supply chain useless. What are the supply chain responsibilities of retail facilities? Retail facilities handle materials, produce services, manufacture retail experiences, and move product throughout their facilities.
This is the 5th installment in Arizona State University's twelve-part introduction to supply chain management video series developed by Eddie Davila, Jeff Hough, Randy Cates, Dawn Feldman, Dan Ichikawa, Ian Schmoel, and Matt Hardy. ASU, the W. P. Carey School of Business, and the Supply Chain Management Department are proud and happy to share this video series with supply chain management departments, supply chain instructors, career specialists in high schools and universities, as well as industry leaders in an effort to inspire a new generation of supply chain management professionals across the country and around the world.
For more information, visit W. P. Carey's SCM Web site at wpcarey.asu.edu/scm or send an e-mail to [e-mail].

[@codywhite1427]

Great teacher. I am not even interested in business but am addicted to this series.

[@yakunats]

The quality of instructional content is exceptional.

[@MJGenius11]

I loved this! I understand already.

[@WORKCOLLABORATION]

Great job !! Perfect !!

[@levistenong1644]

direct and straight
thanks sir

[@candyc1963]

This is awesome!

[@shakir1234567]

Enjoyed this pt.

[@MayuMayooresan]

wonderful piece. Thanks.

[@muzaffarshaikh5723]

great, very easy to understand. Thanks

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[@leiyeesoemyint1564]

great, thank you, very easy to understand.

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[@murselbaspnar1919]

At the end he said "supply chain management" with no reaction OMG

[@Bandit12SS]

Thanks a lot.

[@angelaranda1006]

Can you establish a link between the customer needs and supply chain capabilities through implied demand?

[@meiomi5892]

According to chatGPT :
Yes, it is possible to establish a link between customer needs and supply chain capabilities through implied demand. Implied demand refers to the demand that is not directly communicated by customers but can be inferred through their behaviors and market trends.
By analyzing implied demand, businesses can gain insights into the customer needs and preferences that drive demand, and use this information to develop more effective supply chain capabilities. For example, if a business notices an increase in demand for eco-friendly products, it may choose to invest in sustainable supply chain practices, such as using renewable energy sources, reducing waste, or using environmentally-friendly materials.
To establish a link between customer needs and supply chain capabilities through implied demand, businesses can use various methods, such as:
1. Analyzing market trends: By analyzing market trends, businesses can identify shifts in customer needs and preferences, and adjust their supply chain capabilities accordingly.
2. Conducting customer surveys: Businesses can conduct surveys to gather feedback from customers and identify areas where they can improve their supply chain capabilities to meet customer needs.
3. Monitoring social media: Social media can be a rich source of information about customer needs and preferences. By monitoring social media, businesses can gain insights into customer sentiments and identify emerging trends.
4. Tracking sales data: By tracking sales data, businesses can identify patterns in customer demand and adjust their supply chain capabilities to meet those demands.
By establishing a link between customer needs and supply chain capabilities through implied demand, businesses can develop more effective strategies for meeting customer needs, improving customer satisfaction, and driving business success.

[@vijayendramba]

good for novice students

[@aminal_hussawi8148]

very helpful

[@nargisjahan7643]

Nice presentation

[@syam.h]

good job bro may i share it with my students?

[@tripitrawira465]

0:25

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J'en peux vraiment plus de voir ta tête =D

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I agree.

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:D