Provide a thoughtful 250+ total word response to the following questions (you will need to answer all parts of this question) by clicking REPLY below. Please separate your answers to clearly differentiate your answers to each question below. It makes it easier to see your specific response to each par
Thinking about that, please answer the following:
1- What is a stockout? Please define this in your own terms
2- Of the five reactions listed above… how do YOU find yourself reacting as a customer in a stockout situation? Why do you think that is?
3- Of the five reactions listed above… which is the most harmful to a retailer? Why?
4- How would you suggest a retailer handle a stockout situation… in other words, what should retail employees say to, or do for, customers in this stockout situation?
5- If you were starting a new retail store today, what specific technology or concept mentioned in Chapter 9 would you feel is most important one to implement in order to have an efficient and effective supply chain? Why?