answersLogoWhite

0

A convenience store supply chain can be responsive by implementing real-time inventory tracking systems that allow for quick replenishment based on current demand. Additionally, using data analytics to forecast trends and customer preferences can help in adjusting stock levels accordingly. Establishing strong relationships with local suppliers can also ensure faster delivery times and fresher products. Lastly, utilizing flexible logistics solutions, such as on-demand delivery services, can enhance responsiveness to customer needs.

User Avatar

AnswerBot

4mo ago

What else can I help you with?

Related Questions

When is the best time to pump breast milk for optimal milk supply and convenience"?

The best time to pump breast milk for optimal supply and convenience is usually in the morning, when milk production is typically highest. This can also help establish a routine and ensure a consistent milk supply.


What is a responsive approach for supply chain management What are its benefits over other approaches?

A responsive approach for supply chain management is a flexible and agile approach that allows a company to quickly respond to changes in demand, supply disruptions, or other unexpected events. This approach emphasizes flexibility and speed, with an emphasis on quick decision making, real-time communication, and adaptability.


What are the main characterstics of a global firm?

Main characteristics of a global firm include having operations in multiple countries, a diverse workforce reflecting different cultures, adapting products/services to different markets, a strong international supply chain, and being responsive to global economic conditions and trends.


How does a highly elastic supply respond when demand shifts to the left?

When demand shifts to the left, a highly elastic supply will respond by decreasing its quantity supplied significantly in response to a small decrease in demand. This is because the supply is very responsive to changes in demand, leading to a larger decrease in quantity supplied compared to a less elastic supply.


What is the different between amenity and supply?

Amenities refer to the features or services that enhance the comfort, convenience, or enjoyment of a space, such as parks, pools, or fitness centers. Supply, on the other hand, refers to the total amount of goods or services available in a market at a given time. While amenities contribute to the attractiveness of a property or area, supply encompasses the broader availability of resources within an economy. In essence, amenities are specific enhancements, whereas supply pertains to the overall quantity of offerings.


How is a market supply curve similar to and different from an individual supply curve?

how is a market supply curve similar to and diffrent from an individual supply curve


Different supply chain objectives are needed in different circumstances?

no


Is ATX power supply can be used in place of AT power supply?

No because they have different connectors.


Explain how different monetary policies affect the money supply in the economy?

"Explain how different monetary policies affect the money supply in the economy?"


Does the Running Warehouse SLO carry a good supply of fitness equipment?

The SLO is the Running Warehouse SLO located in San Luis Obispo, CA. They have a nice supply of fitness equipment for your every need. Go there in person or online for your convenience.


Why is the equilibrium wage higher for doctors than for convenience store clerks?

The equilibrium wage for doctors is higher than for convenience store clerks primarily due to the significant differences in education, training, and skill requirements. Doctors typically undergo extensive education and residency programs, which limits the supply of qualified candidates, while convenience store clerks require minimal training, resulting in a larger supply of potential workers. Additionally, the demand for healthcare services is generally higher and more inelastic, contributing to higher wages for doctors. In contrast, the labor market for convenience store clerks is more competitive, leading to lower equilibrium wages.


Describe the various stages on the supply chain and the different flows involved in purchasing of a can of soda at a convenient store?

When a customer purchases a can of soda at a convenience store, his purchase represents the end of a supply chain's delivery of an item and the beginning of information regarding his purchase flowing in the opposite direction. The supply chain stages include customers, retailers, wholesalers/distributors, manufacturers, and component/raw material suppliers. A customer's purchase moves product towards the customer and dollars and information towards the retailer. The retailer places an order from the wholesaler/distributor to replenish stock, thereby moving information back up the supply chain while moving product down the supply chain. As the order is filled, the retailer will move dollars back up the supply chain. The wholesaler/distributor transmits information and dollars to the manufacturer who produces product and ships it down the supply chain to the wholesaler. Finally (or initially, depending on your perspective) the manufacturer moves orders (information) and dollars towards suppliers in exchange for material flow into their production processes.