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    High criteria included total cost due to high initial upfront costs but also high returns, overall inventory being proportional to sales and consumer purchases, and responsiveness and lead time in order to quickly respond to customer needs and preferences. Medium criteria were the number of locations which impacts market research and customer satisfaction but also resource wastage, and security risk which increases with more locations but improves inventory management.

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    High criteria included total cost due to high initial upfront costs but also high returns, overall inventory being proportional to sales and consumer purchases, and responsiveness and lead time in order to quickly respond to customer needs and preferences. Medium criteria were the number of locations which impacts market research and customer satisfaction but also resource wastage, and security risk which increases with more locations but improves inventory management.

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    5 views1 page

    Untitled

    Uploaded by

    jigar kanjani
    High criteria included total cost due to high initial upfront costs but also high returns, overall inventory being proportional to sales and consumer purchases, and responsiveness and lead time in order to quickly respond to customer needs and preferences. Medium criteria were the number of locations which impacts market research and customer satisfaction but also resource wastage, and security risk which increases with more locations but improves inventory management.

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    of 1

    Sr Criteria Rank Comment Pros Cons

    number (High/Medium/Low)
    1 Total cost High High initial High return Impact
    upfront cost on on
    investment budgets
    2 Number of Medium Dependent on More Wastages
    locations market number of of
    required research and locations- resources
    scanning better
    customer
    satisfaction
    3 Overall Inventory High Inventory is Better Disrupted
    proportional support for cashflow
    to sales and retail
    consumer locations
    purchases.
    4 Responsiveness, High In order to improved Not able
    lead time response to customer to meet
    customers’ satisfaction demands
    needs & and loyalty.
    preferences
    5 Flexibility High Planted greater Losing
    infrastructure flexibility in market
    terms of share
    product
    offerings
    6 Security risk Medium Having Better Loss of
    multiple inventory revenue
    locations may management and
    increase the Inventory.
    chances of
    theft.

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