BDMG4103 Merchandising Assignment – Strategic Inventory Management: Balancing Demand with Profitability
- Dick YC
- September 15, 2023
- Questions-page
- BDMG4103 Merchandising, Inventory Planning Techniques, Inventory Turnover Metrics, Inventory-led Profit Enhancement, Maximizing Retail Profit, Warehouse Management Strategies
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BDMG4103: Merchandising - Strategic Inventory Management: Balancing Demand with Profitability
The primary aim of this assignment is to “empower students to synthesize effective inventory management and planning decisions, focusing on maintaining a seamless balance between meeting sales demand and ensuring optimized inventory levels. Furthermore, this assignment prompts learners to critically assess inventory turnover rates and present informed recommendations that leverage inventory management as a tool for retail profit maximization.”
Subject: BDMG 4103 – Merchandising
Part 1
Objective
The purpose of this assignment is to enhance learners’ knowledge related to inventory management and planning decisions.
Requirements
Assume that you are a warehouse manager that strives to meet the sales demand, at the same time maintain a good inventory management. Propose a report to the management based on the following criteria:
- Inventory planning strategies
- Inventory turnover
- Recommendations to maximise retail profit in relation to inventory management
Part II
Online Class Engagement
Engage in substantive discussions on the following topics within the online forum and provide evidence of your active participation:
- Describe several retail merchandising strategies.
- Discuss how these strategies can help to improve the current sales of the business.
Obtain a Resolution for this Assessment. Engage Experts to Complete this Assignment on Your Behalf, Well Before the Deadline.
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