5 ms·
It can be done well as seen with Japanese convenience stores. They keep no stock but never seem to be out of anything. I’m not an expert but I think it’s a com
by aikinai 8y ago
It can be done well as seen with Japanese convenience stores. They keep no stock but never seem to be out of anything.
I’m not an expert but I think it’s a combination of insanely good modeling for each specific store and a super efficient and fast restocking pipeline.
- pfranz 8y agoI can't seem to find a reference, but I remember hearing years ago someone trying to adopt Japanese convenience store stock strategy. Apparently, the small stores have a good relationship with their peers and exchange goods as needed. The distributed nature compensates for deep stock. Similarly, when I worked for Pizza Hut years ago about once a month we'd run low or out of something and would phone up 1 or 2 nearby stores and send a driver out to make the swap.