6. Inventory Levels for Staple Merchandise 13- Cycle (base) stock : inventory that goes up and down due to the replenishment process Backup (buffer, safety) stock Inventory needed to avoid stockout
7. Inventory Levels for Staple Merchandise 13- Retailers try to reduce the stock level to keep Inventory Investment low by reordering and receiving merchandise often but without increased administrative and transportation costs with frequent reorders
13. Inventory Management Report for Rubbermaid Merchandise 13- Inventory available sales rate Performance measures Backup stock for desired product availability desired product availability Sales forecasts Appropriate ordering decisions
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17. Inventory Management Report for Rubbermaid SKUs 13- Avocado Bath Mat Quantity available = Quantity on Hand + Quantity on Order = 90 Order Quantity = Order Point – Quantity Available Order Quantity = 132 – 90 = 42
43. Sales of Capri Pants by Region 13- Timing of Merchandise Allocation to Stores Seasonality differences and consumer demand differences
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45. Sell Through Analysis Evaluating Merchandise Plan 13- A sell-through analysis compares actual and planned sales to determine whether more merchandise is needed to satisfy demand or whether price reductions are required.
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48. Multiattribute Method for Evaluating Vendors 13- The multiattribute method for evaluating vendors uses a weighted average score for each vendor. The score is based on the importance of various issues and the vendor’s performance on those issues. C Squared Studios/Getty Images
51. Home Depot’s Vendor Evaluation 13- Home Depot take vendor evaluations seriously. Home Depot’s vendor analysis scorecard gives everyone a quick view of how the vendor is doing. Green is good, but red isn’t.