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Also from Camille P. Schuster, Ph.D....

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[Image of: Camille P. Schuster, Ph.D.]

Camille P. Schuster, Ph.D.

President
Global Collaborations, Inc.

Home Depot and Walmart are great examples of managing inventory in light of changing weather conditions, especially major storms. If other retailers find a relationship between types of products that sell in different weather situations, they could manage their inventory appropriately. In addition, if people are not able to...

What do we mean by the foodie culture? Is it an interest by more people in gourmet/exotic/unusual food? Is it an interest by more people in expensive and difficult-to-obtain ingredients? Is it an interest in a great variety of flavors?

There is an increase of consumers in all three of...

How much more time is needed? A lot of time has been used already to search for a new strategy and one has not been found. Why is there a reason to think one will be found now?

...

Apparently he will have whatever role he can manipulate the board into giving him. Whether or not he should stay in control is not that important in today's market. If a social media campaign is lodged against him if he is found guilty, then consumers will drop the brand...

Acceleration implies a geometric increase. Opening successful retail outlets is not easy so I do not see a geometric increase. However, an increase will happen for those products that are distinctive, would benefit from interaction with consumers and have varieties that provide an interesting display or point of comparison....

Retailers need to keep on top of the tracking until packages leave the carriers. If packages are not logged in as arriving or leaving the carrier when expected, they can intervene to find out why and/or add time to the promise made to consumers. It sounds as though the...

Determining which information is necessary for making which decisions is the first step. Having all information available to all players in the supply chain will overwhelm all the players. However, some information is critical for demand planning, some information is critical for order fulfillment. Who needs which data when...

Some research indicates that a good number of consumers prefer picking up their own orders, even when they order online. This new format provides an opportunity for consumers to do that. Using a warehouse for pickup will not be feasible everywhere because in some cases consumers would have to...

Neither will be able to blame what happens to them in the future on being tied together. I am not sure how being together constrained the growth of either, but neither will have to be concerned with those constraints now. They are each free to address their one competitive...

Yes and yes. What is loyalty? Finding products and services that meet consumer needs, realizing that they perform as promised and purchasing them over and over or from the same retailer. Loyalty is influenced throughout the process by many factors. It has taken retailers a LONG time to figure...

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