Key issues and problems facing the worldwide.
The worldwide wallpaper Inc. has been susceptible to several challenges that have immensely affected its operations. The issues have centered on the supply chain of the entity, increased the suffering of the financial metrics, increasing levels of the inventories of the company and also several reports from the clients that they aren't satisfied with the level of services offered by the entity. Essentially, the unacceptably low inventory levels make them not meet their productivity standards and as a result, most retailers would opt to give the space to other categories such as paint. Another challenge is that when the World Wide introduces a new pattern which has comparatively been successful, they often fail in keeping up with the increasing orders of clients. Lastly, there has been a significant amount of obsolete, as well as, unproductive wallpaper inventories. Such require massive markdowns for their movements.
Postponement opportunities in the wallpaper supply chain
As the situation currently lies, massive postponement opportunities exist in the supply chain of the wallpapers. It is because of this that most customers experienced a limited supply of the commodities with the retailers also complaining of the same. Essentially, adequate utilization of supply chain would significantly decrease the challenges that have often been faced by the entity. Notably, such postponement opportunities exist because of the failure of the entity to solve adequately the challenges that have often faced it.
Reasons for the justification of the solutions
The solutions to the challenges faced by the World Wide are entirely justified if the company would like to make increasingly more profits. Utilization of the solutions would make the World Wide meet its annual demand that has by far not been achieved for long now time. Having the knowledge of the buyer behaviors would most importantly assist in the determination both their likings and those things that they would love changed about the wallpapers. As a result, the entity can efficiently keep up with the prevailing market trends. Secondly, boosting the whole process of production especially during the introduction of new products would ensure that clients continually receive a free flow of supply of their favorite wallpapers. This is justifiable since every party i.e. both the retailers and the customers would be satisfied with what they receive from the World Wide. Lastly, bringing a host of new and massive markdowns would ensure that the problem of inventories is adequately sorted out.
Work Cited
"Page 1.JPG". Www21.zippyshare.com. N.P., 2016. Web. 1 Apr. 2016.
