Fastfit Case Study

The company wants to create a sense of urgency for the customers and make them realize they need to buy the item because it may not be there next time.

2. Draw a system diagram showing the processes and information flows (and product flow) between WGD and Fast-Fit starting when Fast-Fit places an order until payment is made. This diagram will have two processes/systems (circles in the diagram) and five arrows/flows with the labels on the arrows. Put Fast Fit on the left and WGD on the right.

Different retailing businesses have very different distribution methods based on the types of product that they sell, some arguably more effectively than others.

--Then say that under the prices, any and all items come in your choice color

The MSFit clinic is a clinic that was started by a WSSU alumini for his mother. The clinic is based out of the Gateway YMCA and serves local Multiple Sclerosis patients. The clinic provides PT screnings, re-evaluations, interventions, and fitness recommendations. The clinic also allows Multiple Sclerosis sufferers the opportunity to use the YMCA at no cost to them. On the day of my clinic visit there was a mix of new patients and re-evaluations. Out of all the participants, the majority were females, aged 40-60.

Nordstrom’s is classified as one of the biggest U.S. department stores. Along with Sears, Macy’s, and JC Penny’s, Nordstrom manages each department in their stores as an individual buying center. Every group functions separately from one another, and is administered by a buyer who is in charge of all varieties and styles of merchandise sold. Promotions that can be used in the stores are included, as well. “The company has also benefited from a new computerized inventory system that gives buyers and salespeople the necessary data to make smarter decisions about what is needed in the stores—and what isn’t.” (Lamb, Hair, McDaniel 569). This new and improved system allows the department store to market a greater amount of full priced items, which ultimately increase sales. The buyer is also able to easily determine what items to obtain and exhibit in the store by using this system.

a.) Draw and properly label the demand and supply graphs (this means you must label the axes and any lines you include on the graph).

FITTskills: International Trade Finance Sixth Edition Course Objectives • Define and discuss the “Four Pillars” of trade finance— payment facilitation, risk management, financing and the provision of information related to a transaction • Describe the impact of technology on trade finance • Describe the major products and services related to trade finance, including the role and requirement of each party to a transaction • Discuss the importance of export credit agencies and international financial institutions in international trade • Describe the importance of adequate planning relative to the financial aspects of international trade 10/20/2015 TF 1-2 An Introduction to Trade Finance The

1. Although demand is currently unpredictable the odds are the retailers have point of sale data which could and should be shared with Legs and Wings. Better co-operation would be beneficial and open up possibilities for longer lead times

In “Lectures 4-9” we talked about the importance of collecting customer needs and defining the scope of the project before starting the design phase.

Question 1. What underlying factors are driving the distributors order patterns to look the way they do in Exhibit 12, and the DC sales, inventory and stock-out levels in Exhibit 13?

How do you reach prospective buyers when trying to attract them to a new product or service? Convince them that it is useful, rare, and exclusive, makes life easier or more convenience—that they need whatever product or service you are selling. Sounds easy enough, but it is not—so much so that people devote careers and lifetimes to studying consumer behavior, psychology, and reactions. Assembling potential consumers into smaller groups—segments—allows companies to perceive and address the needs of different categories of consumers and predict how

The company I am working with, Art’NspirEd, is a digital storefront dedicated to the sale of fair-trade goods hand made by workers in third world countries, such as Nepal, Thailand and Peru (the company’s three current partners). The profits earned from premium profits are shared with these workers in order to help them make a sustainable living. However, in order to help them be successful, the company must be successful, and to do that it needs to know what products to sell to its market. This market consists of middle class to upper middle class mothers in the Kennesaw area, and later throughout the entire Southeastern region of the United States. The importance of figuring out which products to sale lies in

consumer remember the name of the product, so that when that person is at the

| Product and service flows must be simple and direct - goods and services are directed to a specific person or machine.