18 Questions
Use customer data to suggest products they might be interested in, like recommending a ______ to someone who recently purchased boots.
jacket
By implementing these strategies, you can make smarter merchandising decisions that will lead to a more satisfying shopping experience for your customers and increased ______ for your business.
revenue
Merchandising efficiency is all about optimizing your processes to maximize impact with minimal ______.
resources
Equip your team with mobile apps for tasks, data collection, and ______ documentation.
photo
Leverage software to analyze sales trends, customer behavior, and ______ levels.
inventory
Data Analytics Platforms empower data-driven decisions for product placement, ______, and restocking.
promotions
Demand Sensing Tools use sophisticated ______ to predict demand and identify potential disruptions.
algorithms
By equipping warehouses with ______ sensors, you gain real-time visibility into inventory levels.
IoT
Cloud-based SCM systems provide real-time data visibility across the entire ______.
network
Utilize ______ that analyzes various data sources to predict demand with greater accuracy than traditional forecasting methods.
Demand Sensing Tools
RPA automates repetitive tasks within the supply chain, such as ______ and order processing.
data entry
Implement ______ systems that use cards to signal when to replenish stock, ensuring a smooth flow of materials without overproduction.
Kanban
______ technology can automatically trigger reordering when stock dips below a certain level.
Sensor
Use ______ analytics to identify trends, optimize logistics, and automate processes throughout the supply chain.
Advanced
Demand Sensing Tools are designed specifically for ______ to predict demand and identify potential disruptions.
DDSCs
Establish ______ points within the supply chain where finished goods are decoupled from raw materials and work-in-progress inventory.
Decoupling
Implement flexible ______ processes that can adapt to changes in demand without major disruptions.
manufacturing
Collaborate closely with suppliers to ensure they understand your ______ fluctuations and can adjust production or deliveries accordingly.
demand
Learn about effective e-commerce marketing strategies, including personalization, targeted promotions, and leveraging technology to enhance the shopping experience.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free