Compose a 2500 words essay on Technical Solutions to Track and Record Movement of Goods. Needs to be plagiarism free!
In ordering practices the problems can be happen in such a way that like “retail store may have ordered too little or too late, so that the warehouse could not deliver before the retailer ran out of the item, or when the retailer forecast may have misjudged demand for an item and ordered an insufficient supply.” (Doukidis & Vrechopoulos 2005, p.141). In case of replenishment practices the product will be available in the store that is maybe in back room or in some other places so that it may not possible to meet the consumer demands and the last one is planning practices, in this case, item may be discontinued that is availability of item may not be there however it may not communicate to the retailers. In this case, product drought may take place.
.In order to improve on-shelf availability, it requires “an integrated approach based on process responsiveness, operation accuracy and incentive alignment to address the causes of OOS.” (Trautrims et al., 2009, p.235). “Clearly technological advances such as radio frequency identification (RFID) can improve inventory measurement and accuracy in the future. The final remedy, incentive alignment, is about scheduling staff to improve shelf filling in addition to optimizing overall management objectives rather than sub-objectives by functional area.” (Alexander et al., 2009). All sorts of process improvements can be related to many factors such as process improvements and improve operational accuracy.
.Under process improvements some of the factors for improving on-shelf availability such as assortment planning and space allocation.
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