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Nordstrom
1. Explain how Nordstrom minimizes leftover inventory by utilizing demand forecasting.
2. In assessment of the success of its integration that is web-based, which benchmarks can Nordstrom use?
3. Describe the way in which Nordstrom can integrate the concept of product purchasing and participatory planning.
4. Suggest what alterations, revisions or updates that you would initiate when you are asked to come up with a plan that is long-range and that effectively does an extension of the Nordstrom’s Inventory Management? Which stretch objectives come to your mind?
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