Logistics and retail management : emerging issues and new challenges in the retail supply chain, 4th ed.
As educators involved in the teaching of logistics and the supply chain, particularly in the context of retailing, it is increasingly hard to convey to students how much things have changed in the retail supply chain, but also how many challenges remain. Many approaches and results are taken for...
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Main Author: | |
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Format: | Book |
Language: | English |
Published: |
Kogan Page
2020
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Subjects: | |
Online Access: | http://dspace.uniten.edu.my/jspui/handle/123456789/17658 |
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Summary: | As educators involved in the teaching of logistics and the supply chain,
particularly in the context of retailing, it is increasingly hard to convey
to students how much things have changed in the retail supply chain, but
also how many challenges remain. Many approaches and results are taken
for granted and it is assumed that supply chains have always been at the
forefront of retail innovation and have always delivered the goods. Nothing
of course could be further from the truth. For a long time, the supply of
products into retail outlets was controlled by manufacturers and was
very much a hit or miss affair. Consumers had to put up with the product
they found (or did not find) on the shelves and retailers and manufacturers
operated in something of an efficiency vacuum. This situation has now been
transformed. Retailers have recognized the need to have more involvement
in supply chains and noted that benefits can be achieved in both service
levels and cost reduction. Massive efforts have been made to reorganize and
reprioritize activities in moving products from production to consumption.
Notwithstanding the major strides made, some challenges remain, and new
issues have emerged. |
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