BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Biggest challenge for all the retailers’ and how to bridge the gap between demand and supply is necessary for all the retailers, as an excess of inventory as well as less inventory can damage the retailing business.
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HR Analytics
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Supply chain
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Customer Engagement
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Inventory Management
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Explanation:
Detailed explanation-1: -Shorten stock cycles Large production batch and purchase lot sizes drive high cycle inventory. The more inventory you have, the more likely it is to be excessive and at risk of becoming obsolete. By making or purchasing fewer items at a time, more frequently, E&O can be reduced.
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