Save
...
4.4
Managing Inventory and Supply Chains
Meeting demand
Save
Share
Learn
Content
Leaderboard
Share
Learn
Created by
izzy
Visit profile
Cards (4)
Demand
- we must want and be able to
afford
the item
Supply
- the firm must be capable of selling the item
If we increase
demand
, through better
quality
, increased customer
loyalty
and effective
promotions
We will have to increase supply, so as we don't waste resources, we need to have the option of how we will do this
producing
to
order
part
time/temp
staff
outsourcing