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Nestle Hot Cocoa Mix is a wintertime favorite in my household. There is lowproduct variety, infrequent product updates and the demand can be forecasted.Since Nestle is a world supplier the demand for hot cocoa increases as wintermonths come around.Christopher HolderThread:Chris Holder Q4Post:RE: Chris Holder Q4Author:Posted Date:February 6, 2016 8:28 PMStatus:PublishedShane Neubauer
3/6/2016Collection – MBA675T303 Operations & Logistics in the (...;9/31(Post is Read)Chris,Your post reminded me of when I worked for PetSmart when I was in college.Our inventory ordering system was fed by the data collected at the cashregisters, which meant if someone bought a case of catfood, and decided to mixand match 24 cans of different flavors, I had to scan in the exact quantities ofeach item purchased. (This could become quite painful if there was a line.)Like your example of hot cocoa, our supply chain was driven by our customer'sdemand, which meant we only tended to stock things that the local communitybought on a regular basis. If demand for an item increased, we ordered more ofit, which in turn prompted our suppliers to make more of it.I'm sure our supply chain was not overly difficult to forecast as dog and cat foodare not seasonal items, and most of the customers I dealt with were fairlyconsistent on the type of food and quantity/size products they bought.v/r,ShaneThread:Chris Holder Q4Post:RE: Chris Holder Q4Author:Posted Date:February 8, 2016 9:50 PMStatus:Published(Post is Read)Nice job Chris! As you said MaketoStock can sound like a very simpleconcept. In areas where there is low perishability, then this idea can have ahigher margin of error because additional stock can be made for sales withoutaffecting shortage. In areas that have a short life and are contingent uponseasons (temperature sensitive food), then it can becomes a much moredifficult thing to forecast. I also think that items that are constantly updating orchanging have to be careful about over producing and making it "as close tostock" as possible to avoid have a surplus during a time of change.Bryan SonesThread:Question #5 BurtPost:Question #5 BurtAuthor:Posted Date:February 6, 2016 5:23 AMStatus:PublishedJerimiah Burt
3/6/2016Collection – MBA675T303 Operations & Logistics in the (...;10/315. What is vertical integration? Give examples of backward and forwardintegration. Discuss the advantages and disadvantages of vertical integration.