Select any two competing retailers in the US market. Compare and evaluate the effectiveness of their inventory management
Specific requirements:
Provide a brief profile for each retailer.
Evaluate the quality of services provided by each retailer, their ability to meet the customer demand, and stock-out situation.
Compare and evaluate the effectiveness of their inventory management, with emphasis on how and when to place an order, how to determine the order quantity, when to receive the shipment, lead-time, and how to deal with stock-out situations (provide data to support your analysis).
Discuss any tools, software, IT applications used by those retailers in order to facilitate the ordering, distribution, and inventory control process.
Sample Solution