South African rapper, Cassper Nyovest, has launched a business venture manufacturing his very  own clothing and shoes. It has been noted that the price of some of the supplies (fabric, leather and cotton)  are going to increase next month. Considering this statement, discuss the concept  of future price increases as a role for holding inventory for Cassper.  Note: Provide at least two application points.

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter15: Retailing, Direct Marketing, And Wholesaling
Section15.1: L.l.bean: Open 24/7, Click Or Brick
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South African rapper, Cassper Nyovest, has launched a business venture manufacturing his very 
own clothing and shoes.

It has been noted that the price of some of the supplies (fabric, leather and cotton) 
are going to increase next month. Considering this statement, discuss the concept 
of future price increases as a role for holding inventory for Cassper. 

Note: Provide at least two application points. 

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