Managing inventory and avoiding out-of-stock situations is critical to the success of this type of client....
Managing inventory and avoiding out-of-stock situations is critical to the success of this type of client.
What type of client does this best describe?
- Professional and Field Services
- Appointment-based
- Retail and e-commerce
Homework Answers
Solution
Answer - Retail and e commerce
Retail and e commerce organisations buy material from the manufacturers and sell them to the consumer.Thus for these organizations it is very important that they manage their inventory properly and don't stock out as the demands of customer must be fulfilled ,else being out of stock can lead to kiss of consumers and business.
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