Regardless of the type of stocking strategy a retailer chooses, there is always a chance that a wanted item will be out of stock, and this is bad for the retailer, is true.
The number of stockholding facilities, their locations, and the amount of inventory maintained at each is all specified in a stocking strategy, also known as inventory management, which offers clear guidance to all parts of the supply chain. In practically every retail organization, merchandising and stocking are crucial activities. While efficient stocking practices ensure that the stuff is constantly available for customer purchase, effective merchandising strategies prevent a haphazard arrangement of products that can impair sales.
Stocking is the process of placing the goods that retailers sell on the shelves and display areas of the store. Stock refers to the merchandise that stores sell. Alternatively, this procedure can entail keeping and replacing these products in the store's warehouse or back room.
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