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Posted: February 21st, 2023
Seaport is n very few stores; therefore they are an exclusive distributor. 3. In return for providing an exclusive, what marketing demands do exclusive brands require of Seaport? They will run an ad or put items in the windows for a limited time. 4. What is the responsibility of the merchandising team? What do they do? The merchandising team is responsible for the relationships with the vendors. They are the ones who get the vendors to join the Seaport family. They also help with what stores they will go to, marketing programs and how he brand will grow. . What is the responsibility of an inventory strategist? What do they do? The inventory strategists are responsible for the quantity of the product. 6. What is the responsibility of the distributor? The distributor places the items in every sellers doors, and keeping up with all stock levels. 7. How many brands does Seaport sell? 150_ How many Ski’s do they stock? Over 1 0,000 8. What are some challenges Seaport faces in keeping all brands in stock without cookouts?
Can brands keep up with the growth rate; they may not be able to produce enough products as they need. 9. What are some metrics they keep track of daily? Every time a product is sold it goes through the POS system and is automatically taken out of inventory. They can pull up: the average dollar sale, how much they are selling to a client, and the units per transaction they are selling to a client. They can pull up, at any time of the day, how much volume that is currently in the store.
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