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The Impact Of Internet On The Business Strategy Discussion

Question






1. What is the impact of Internet on the business strategy used by the superstores and the online sellers? In particular, are online retailers going to keep inventory of most book categories in their distribution centers?







​​​​​​​2. Should MBD encourage retailers to make point-of-sales (POS) data available? What is the value of these data? Do you think that data would help MBD to move toward a pull distribution strategy? The Impact Of Internet On The Business Strategy Discussion
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Expert Answer

This solution was written by a subject matter expert. It's designed to help students like you learn core concepts.








Step-by-step


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Step-1
1. The impact of the internet on business strategy used by superstores and online retailers has been profound. On one hand, superstores have been able to leverage their physical presence to offer customers an immersive shopping experience that cannot be replicated online. This has enabled them to remain a viable option in the market despite the growth of ecommerce. On the other hand, online retailers have been able to take advantage of the internet to offer customers unprecedented convenience and choice when it comes to shopping.

When it comes to the impact of the internet on inventory management for online retailers, the answer is yes, online retailers are able to keep inventory of most book categories in their distribution centers. This is possible due to the fact that the internet has enabled online retailers to adopt sophisticated inventory management systems that allow them to keep track of the vast amounts of products they offer. Furthermore, online retailers are able to make use of advanced fulfillment techniques such as drop shipping, which allows them to restock their inventory in a timely manner without having to keep physical stock on hand. This has enabled online retailers to keep a wide variety of books at their disposal without having to maintain large inventories The Impact Of Internet On The Business Strategy Discussion.

In conclusion, the internet has had a profound impact on the business strategies used by both superstores and online retailers. In particular, online retailers have been able to leverage the internet to keep track of their inventory and offer customers a wide selection of books without having to maintain large physical inventories.









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Step-2
2. Yes, MBD should encourage retailers to make point-of-sales (POS) data available. The value of these data are that they provide a direct and accurate measure of customer demand. By collecting and analyzing these data, MBD can better predict customer demand, which can be used to inform their distribution strategy.

POS data can help MBD to move toward a pull distribution strategy in several ways. First, the data can help MBD to better predict customer demand, which can be used to inform their distribution strategy. This is especially helpful when determining the amount of inventory to stock in each store. Knowing the customer demand enables MBD to adjust their inventory levels to meet customer demand and avoid stock outs or overstocking The Impact Of Internet On The Business Strategy Discussion.

Second, POS data can help MBD to better understand customer preferences, which can be used to tailor their distribution strategy. With POS data, MBD can gain insight into the products that their customers prefer, the stores that customers prefer to shop at, and the promotions that customers respond to. This data can be used to adjust MBD’s distribution strategy to better meet customer preferences, such as stocking more of the preferred products and offering promotions in the preferred stores.
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Finally, POS data can help MBD to better optimize their distribution channels. By analyzing the POS data, MBD can identify inefficiencies in their distribution channels and make changes to improve the efficiency. This can help MBD to reduce costs and improve the speed of their distribution strategy.









Final answer








Conclusion-
Overall, POS data can be incredibly valuable for MBD, as it can help them to better understand customer demand, tailor their distribution strategy to customer preferences, and optimize their distribution channels. Therefore, MBD should encourage retailers to make point-of-sales (POS) data available. The Impact Of Internet On The Business Strategy Discussion

Expert Answer

The Impact Of Internet On The Business Strategy Discussion

Question

1. What is the impact of Internet on the business strategy used by the superstores and the online sellers? In particular, are online retailers going to keep inventory of most book categories in their distribution centers?
​​​​​​​2. Should MBD encourage retailers to make point-of-sales (POS) data available? What is the value of these data? Do you think that data would help MBD to move toward a pull distribution strategy? The Impact Of Internet On The Business Strategy Discussion

ORDER YOUR PAPER NOW

Expert Answer

This solution was written by a subject matter expert. It's designed to help students like you learn core concepts.

Step-by-step

Step 1/2
Step-1
1. The impact of the internet on business strategy used by superstores and online retailers has been profound. On one hand, superstores have been able to leverage their physical presence to offer customers an immersive shopping experience that cannot be replicated online. This has enabled them to remain a viable option in the market despite the growth of ecommerce. On the other hand, online retailers have been able to take advantage of the internet to offer customers unprecedented convenience and choice when it comes to shopping.
When it comes to the impact of the internet on inventory management for online retailers, the answer is yes, online retailers are able to keep inventory of most book categories in their distribution centers. This is possible due to the fact that the internet has enabled online retailers to adopt sophisticated inventory management systems that allow them to keep track of the vast amounts of products they offer. Furthermore, online retailers are able to make use of advanced fulfillment techniques such as drop shipping, which allows them to restock their inventory in a timely manner without having to keep physical stock on hand. This has enabled online retailers to keep a wide variety of books at their disposal without having to maintain large inventories The Impact Of Internet On The Business Strategy Discussion.
In conclusion, the internet has had a profound impact on the business strategies used by both superstores and online retailers. In particular, online retailers have been able to leverage the internet to keep track of their inventory and offer customers a wide selection of books without having to maintain large physical inventories.
Step 2/2
Step-2
2. Yes, MBD should encourage retailers to make point-of-sales (POS) data available. The value of these data are that they provide a direct and accurate measure of customer demand. By collecting and analyzing these data, MBD can better predict customer demand, which can be used to inform their distribution strategy.
POS data can help MBD to move toward a pull distribution strategy in several ways. First, the data can help MBD to better predict customer demand, which can be used to inform their distribution strategy. This is especially helpful when determining the amount of inventory to stock in each store. Knowing the customer demand enables MBD to adjust their inventory levels to meet customer demand and avoid stock outs or overstocking The Impact Of Internet On The Business Strategy Discussion.
Second, POS data can help MBD to better understand customer preferences, which can be used to tailor their distribution strategy. With POS data, MBD can gain insight into the products that their customers prefer, the stores that customers prefer to shop at, and the promotions that customers respond to. This data can be used to adjust MBD’s distribution strategy to better meet customer preferences, such as stocking more of the preferred products and offering promotions in the preferred stores.

ORDER YOUR PAPER NOW

Finally, POS data can help MBD to better optimize their distribution channels. By analyzing the POS data, MBD can identify inefficiencies in their distribution channels and make changes to improve the efficiency. This can help MBD to reduce costs and improve the speed of their distribution strategy.
Final answer
Conclusion-
Overall, POS data can be incredibly valuable for MBD, as it can help them to better understand customer demand, tailor their distribution strategy to customer preferences, and optimize their distribution channels. Therefore, MBD should encourage retailers to make point-of-sales (POS) data available. The Impact Of Internet On The Business Strategy Discussion

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