The Inventory and cost impact "for retail consumer pick " Industry
In retail consumer site, the inventory is stored with the manufacturer or distributor warehouses, however, the consumer orders are based on online or the phone orders. In this case, online consumers give the order online or mobile. The "goods are picked up and are then sent to the designated pick up spots "which are then send to the consumer. This involves
1) Order by phone
2) Orders are delivered to stockists
3) merchandise are then shipped to pick up points
In this post, we take a look on how " inventory costs and performance" impact consumer retail pick up industry
Cost factor : Inventory
Performance: Higher than all other options
Cost factor: Transportation
Performance: lower that other options
Cost Factor : Facilities and handling
Performance: Higher than other options. The increase in handling site at the pick site can be significant for online and phone orders
Cost Factor : Information:
Performance: some investment in infrastructure needed for online and phone orders.
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