Postponement in Retailing Industry - Endeshaw, Kemal A.;Naqvi, Syed M.
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Retailers face increasing cost pressures and shorter product life cycles which often results in products becoming obsolete within a few months after their introduction. Meeting ever-changing customer demand in retailing creates difficulties for the retailers in balancing the costs of dealing with excess inventory and out-of-stock situations. However, Postponement helps retailers by improving responsiveness and reducing inventory, transport, warehousing and obsolescence costs to meet the ever changing customer needs. This Book has a clear set of postponement strategies that could be helpful for…mehr

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Produktbeschreibung
Retailers face increasing cost pressures and shorter product life cycles which often results in products becoming obsolete within a few months after their introduction. Meeting ever-changing customer demand in retailing creates difficulties for the retailers in balancing the costs of dealing with excess inventory and out-of-stock situations. However, Postponement helps retailers by improving responsiveness and reducing inventory, transport, warehousing and obsolescence costs to meet the ever changing customer needs. This Book has a clear set of postponement strategies that could be helpful for all retailing industries that have problems of high obsolescence cost, responsiveness and meeting customer needs. The Book with a qualitative case study of Swedish Electronic retailer, SIBA, has proposed possible solutions related to postponement difficulties that the retailing industry is experiencing. Morover, the book can also be used as a guide for administrators, academic institutions,individual researchers, logistics and supply chain managers or other groups who are looking solution meeting an ever changing customer demand.
Autorenporträt
Both authors of this Book are graduate students for Master of Science in Business Administration (Jönköping International Business School, Sweden) and they are currently working as an independent researcher in the field of accounting, Innovation and Business creation, marketing and supply chain management in Sweden.