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TRL4864 ASSIGNMENT 1 GUIDE 2023

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THE DOCUMENT CONTAINS CONTENTS THAT ARE EXPECTED IN ASSIGNMENT 1 FOR THE MODULE

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  • May 18, 2023
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  • 2022/2023
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DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE
FRAMEWORK IS NOT PREPARED NOR APPROVED BY UNISA, RATHER
REPRESENTS A POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH
THEORY OF TRL4864. THIS FRAMEWORK IS ONLY INTENDED TO ASSIST
STUDENTS IN GETTING STARTED WITH THEIR ASSIGNMENT, AND IN NO
CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING, THUS NO
STUDENT IS ENCOURAGED TO COPY THIS DOCUMENT, NOR ITS SECTIONS
FOR SUBMISSION. WE BELIEVE THE FRAMEWORK WILL BE A GOOD
STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF PROFESSIONAL
PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS PREPARED
USING VARIOUS SOURCES. ANY SIMILARITY WITH ANY EXISTING THEORY
OR DISCUSION BY OTHER AUTHORS IS EXCUSED. THE AUTHORS HOWEVER
DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF THE
ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWEDGE. FOR ANY FURTHER
GUIDELINE ABOUT THE INFORMATION CONTAINED HERE AND THE MODULE
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, Table of Contents
Forecasting in a time of uncertainty for online retailers ........................................... 3

Necessity of forecast in online retailing ................................................................... 3

Effective forecast management process requirements ........................................... 3

Collaborative Planning ............................................................................................ 3

Requirements Planning ........................................................................................... 4

Resource Management ........................................................................................... 4

Forecasting components ......................................................................................... 4

Forecasting techniques in time of uncertainty ......................................................... 6

Supply chain service outputs for online retailing ........................................................ 6

Spatial Convenience ............................................................................................... 6

Lot Size ................................................................................................................... 6

Waiting Time ........................................................................................................... 7

Product Variety and Assortment ............................................................................. 7

Procurement strategy in online retailing .................................................................. 8

Insourcing versus Outsourcing................................................................................ 8

Other sources that can be used include: ................................................................. 9

User Buy .............................................................................................................. 9

Volume Consolidation .......................................................................................... 9

References ............................................................................................................... 11

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