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PROGRAM Bachelor
of Business Administration- BBA
SEMESTER 6
SUBJECT CODE
&
NAME
BBR607 – Merchandising
& Supply chain Management
SET 1
1 Compare the retail supply chain with
manufacturing supply chain.
Comparison of retail with manufacturing supply
chain
Answer:
Difference between Retail Supply Chain and
Manufacturing Supply Chain
2 Elaborate on the management of retail
product life cycle.
Management
of retail product life cycle
Answer:
Management of Retail Product Lifecycle
Retail product design
Product design has become an essential part of retailers’ supply
chain processes. For some products, customers’ choices vary to a wide range, and
where private labels dominate, the success/failure of the retailers depend on
the product design. The examples of such products include apparel,
3 What are the factors affecting merchandise
buying functions?
Factors
affecting merchandise buying functions
Answer: Factors affecting merchandise buying functions
Merchandising is not an isolated function. It is affected by
several factors, which are discussed as follows:
Size of a retail
SET 2
1 Elaborate the process of merchandise
planning.
Process
of merchandise planning
Answer: Process of merchandise planning
Merchandise planning is based on merchandise strategy prepared by
the organisation. The process of
2 Discuss some of the standard color schemes
adopted in retail stores with example.
Standard
color schemes
Answer:
Shoppers most often choose what they buy based on color. In fact, it can
account for up to 85 percent of the reason people buy one product over another,
according to the Color Marketing Group, a professional organization for color
designers in Alexandria, Va.
Color's
influence on consumer behavior isn't confined to just merchandise. The colors
surrounding customers while they're shopping also can influence whether they
make a purchase. "Colors in a
3 Write short notes on:
a) Retail Replenishment
b) Retail ERP
Answer: a) The process of filling up the empty
shelves of retail stores with new merchandise is called retail replenishment.
However, this definition does not address all the business conditions of retail
inventory management. The replenishment of products in a retail store depends
on
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