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ID number:375910
Evaluation:
Published: 18.07.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Seventy-five percent of all toys are sold in the month of December, and computer parts depreciate precipitously within short product life cycles. Thus, stock-outs translate to lost sales, and excessive inventories are deadly to fiscal survival. Both industries must forecast accurately and adapt quickly to changing consumer needs.
In conclusion, both the military and civilian corporations are using anticipatory logistics. While some may use it more and some less it all really falls into the category of utilizing computers and technology to track, record, forecast, and move a product. Whether it is a 72-ton tank of a puzzle for a toy store the same SCM method can be used and are being used.

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