Question

How do you feel as a customer? What are your alternatives as a customer when you find the bookstore has "stocked-out"? What are the possible causes of the stock-out situation? What can be done by the bookstore manager to prevent future stock-outs?

Answer 1

Answer with its Explanation:

1. When I find the the bookstore is stocked-out the first thing I feel is that I must had went to the bookstore which has never disappointed me.

2. When the bookstore who has always welcomed customers with its products is always my priority to visit. So I will opt to other bookstore nearby or opt to order books online which is more suitable for me. Their are chances that I can visit the libraries depending upon my finance budget and how urgent I need the book.

3. The delay might be because of mismanagement of the bookstore inventory, transporting delay of the books, high demand which results in quickly stock-out, etc

4. The first thing that the manager of the bookstore must do is to forecast the sales for the period of each seasonal and every season product which will assist them to place the right order at the right time. Furthermore, the inventory management must be incorporated in the policies of the bookstore which will result in maintaining the minimum stock balance.