Nordstrom
1. How does Nordstrom use demand forecasting to minimize leftover inventory?
2. What benchmarks could Nordstrom use to assess the success of its web-based inventory integration?
3. How might Nordstrom apply the concept of participatory planning to product purchasing? What groups should be involved?
Imagine you have been asked to develop a long-range plan to extend Nordstrom’s inventory management overhaul into the future.
What changes, revisions, or updates would you plan for the company? What stretch goals come to mind?
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