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    How Do We Project Inventory Needs For Black Friday?
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How Do We Project Inventory Needs For Black Friday?



What do I want to change, fix, or improve? What’s the expected/desired outcome?

Excitement turns to near riot as shoppers find “Guaranteed in stock” televisions are sold out. How could something like this happen with such an important item?
recordings.

What do I know about this? How should I proceed?

General manager ordered based on a feeling that the item wouldn’t be as hot as it was.
Orders of such items are based on financial and inventory data from previous Black
Friday sales to accurately predict needed stock.

Problem solving checklist for manager:

  • Consult previous year’s Black Friday data on product sales and inventory
  • Determine big item to order for current year’s Black Friday sale
  • Order item based on last year’s data and current market deman


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How do I know if it is done right?

Supply in store will meet the demand of shoppers

Tags

Merchandise, Planning, Allocation, Black Friday, Customer, Angry, Television, TV

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