Question

What is the Problem Statement of Target Corporation, potential issues, and what recommendations need to overcome the issues?

Answer 1

For Target Corporation , key challenge has been supply chain management.
Target has struggled with unfathomably intricate supply chain for inadmissible stock levels at its stores this year, guaging feeble development in current quarter deals at set up stores.
Target's supply-chain issues have developed progressively intense as it has extended its contribution of consumable merchandise, for example, meat, new produce and dairy items, which thus have taken clients back to their stores more much of the time than previously.
In-store item stock levels have been deteriorating in the course of the last couple of quarters.
Given the expansiveness and unpredictability of the business, it will consistently be a test to be available on each thing in each store and ensure that their customer need are met.
Target’s supply chain was worked to serve an obsolete model wherein item spilled out of sellers through circulation communities to stores.
Target's bigger opponent, Wal-Mart Stores Inc , has battled to handle the issue of coming up short on stock at its own stores for quite a long while, in spite of having one of the biggest and most complex supply chain systems in the business.
Target can improve this by investing in technology and automating the inventory management.
We believe management has already initiated that and has also disposed of a few thousand corporate employments, patched up basic food item activities and reported a $1 billion interest in supply chain innovation technology.