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SCMMS2 (Subject) / Competing on Information flows (Lesson)
- How do POS data help to gain knowledge? (e.g. Seven eleven) Identification of trends on store level Hourly sales per item Scrap trends (Cost of scrapping + opportunity cost of shelf space) Ranking of items (fast, meidum, slow selling, trend up or down) Sales trends for new products Merchandising : Which products to New product introduction : Forecast future trends