Question

(34) Assume that you are the supply chain manager for a retail store. Clearly explain what you would do to minimize the negative impact of returns in your organization. 4

(35) What do you understand by the term “sustainability”? Why do you think that it is becoming an important issue considered by many companies around the world?

(36) Implementation of sustainability initiatives by companies can be expensive, but it can also yield economic benefits. By using suitable examples explain how either of the above results can occur.

Answer 1

Answer:-

34) As a supply chain manager of a retail store, this is the manner by which I would limit the negative impact of return on profits:-

Recognizing the item category:- Using stats, it easy to distinguish which item category has a high number of returns. I would plunge into the issue that is causing these returns utilizing client emails, chats and client care reps to make the necessary amendments simultaneously.

Filling Backorders:- Products returned can be reused and sent to clients if the item is on back request. It's a superior alternative than reestablishing it in your warehouse for an additional expense.

Organize a Return Desk:- Laying down a procedure to handle return makes it easier to categorize the returned items based on the reason of return and the necessary actions to be taken after that, regardless of whether is reuse or appropriate disposal.

35) sustainability is the endurance of frameworks and procedures.

It is an art of lasting for a lifetime

companies around the world yearn for sustainability for better working to make sure about future

Companies aim for sustainable improvement that addresses the issues of the present without bargaining the ability of people in the future to address their own issues.

36) sustainable improvement guarantees major monetary advantages for a company

sustainable improvement requires ethical acquisition of raw materials for which providers cost a fortune from company

sustainable improvement requires bringing down the emmision of the company for the improvement of society, it requires updateion of machineries and abiding by government standards, which is exorbitant

sustainable improvement requires renewing of natural assets after utilizing them

please like the answer........