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Operations Management.docx - 1 Operations Management...

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1Operations ManagementStudents NameInstitutional AffiliationCourseDate
2Operational managementIt is the first stage in boosting output to increase demand, which may be accomplished viaadvertising and other methods of promotion. Aside from that, the Operations Manager may beable to boost distribution by sending representatives to potential paper retailers and wholesalers,allowing for improved use of existing capacity on a short-term basis (Hoekstra & Leeflang,2020). The ability for customers to take advantage of discounts, rebates, and other salesincentives is required in order to get a higher overall value offer. If this had not been the case, thebuyer would have been required to pay extra money for the same things in question. Thisstrategy is frequently used by manufacturers and retailers in the final stages of a product's lifecycle, when initial demand has waned and a corporation wants to get rid of any unsold inventorythat has accumulated on the shelves. Manufacturers and retailers use this strategy to get rid ofunsold inventory that has accumulated on the shelves. It's also used in the manufacturing

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Term
Winter
Professor
NoProfessor
Tags
Management, Sarkar, Hoekstra

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