Thursday, October 17, 2019

FINISH LINE Essay Example | Topics and Well Written Essays - 500 words

FINISH LINE - Essay Example Connick mentions that seasonal sales period is a high time for a store to make greater profits, but it comes with difficulties, as well. During the busy season, avoiding stock out is imperative. A seasonal stock should be carefully monitored on a daily basis and to avoid empty stock, the store manager must call the warehouse every day for that. Finish Line must take care of everyday pricing, assortment, space management, inventory management on a daily basis, and must show prowess in handling business decisions when it comes to seasonal products. There are many people complaining about wrong shoe size or the shoes that are outdated in fashion terms. There are researches, like the one mentioned by Better Health Channel (2013), that put high emphasis on foot care when it comes to running and jogging. So, the customers need the types of shoes that are not only in fashion but also take care of their feet. The buyers are the ones that have to face a lot of risk because even if Finish Line takes three months as its lead time, the other shoe making companies mentioned in the case study take at least six months. This means that customers have to wait for long to see what would be the changes in fashion in the offing. A new fashion is most likely to show up in six months. If the customer rates store A high in style-by-style ranking, store B lesser than that and store C the least in ranking then Finish Line would have to make decisions in keeping the inventory of store A available at all the time. The reason is very evident; if the customers have ranked according to style, then this means that they are fashion conscious and want to look up to date in shoe styling. This gives rise to the fact that the customers that ranked store A high in style would, most of the times, like to buy from store A. Straightforwardly, Finish Line would have to take special care of inventory management at store A. Considering this scenario

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