2-1 Discussion: Tracking Your Product

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gntyvsr08

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Description

After reviewing the assigned resources, address the following:

  • How would your chosen product be affected by the changing seasons?
  • If your product is not affected by seasonal demand, how would your company dispose of excess inventory due to a forecasting mistake?
  • Finally, list two demand forecasting constraints that exist within the supply chain of your product.

Note: The information you gather to answer these questions, and the steps you take to do so, will assist you with the completion of Milestone One, which is due next week.

In responding to your peers' posts, do you see any other angles your peers could take to react to seasonal demand (or excess inventory)? Do you see any additional issues that could affect the product during the change of seasons? Explain and support your views.

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Explanation & Answer

Attached.

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SUPPLY CHAIN MANAGEMENT
The sales and demand of alcohol varies with different seasons. Beer wine and spirits experience a
lot of fluctuating seasonality. Wines and spirits experience spiked sales during the fourth quarter
of the year. This is because the fourth quarter is often laden with parties and several occasions
characterized by giving of gifts. By the end of the year, demand for alcohol gets even higher.
Nevertheless, the demand for alcohol is fairly ine...


Anonymous
Excellent resource! Really helped me get the gist of things.

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