Wednesday, June 12, 2019
Management decisions & control Research Paper Example | Topics and Well Written Essays - 500 words
Management decisions & control - Research Paper ExampleThe signal for growth which is majorly motivated by the companions marketing design of maintaining retail stores as well its good business environment has come with a number of challenges. The company has in the recent years grappled the control problems ranging from quality control to management control and these issues have come with prodigious image considerations. other rattling(prenominal) important problem the company has to and continues to face revolves around the supply chain owing to its vast network of stores which are located in very different locations. The companys business proposition identified it as a home of solutions for athletic and sport apparel increasing sales well as well as growth but this may have misguided the growth strategy. The company recorded a very fast driving force of products in some cases merchandise getting come out of stock in stores within just three days.The rapid expansion also p laced significant amounts of pressure on the supply chain many stores were opened rapidly to increase presence and brand visibility and some of the stores were in total very bad locations with little sales are no demand for merchandise at all. Managing the inventory continued to be the most pressing problem that the company had to fix in a time when its stock price had started declining, sales had significantly gone down and competition was it its peak. Those stores located in the coastal regions for employment frequently ran out of stock for smaller sizes of merchandise and this negatively impacted on sales, image and customer trust. At the same time those retail stores in other places for instance in Midwest recorded high sales in terms of large sizes of merchandise which also was fast going out of stock. This meant the company had a constant challenge with the management of its inventory and this inventory related had negative image on
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.