DISCLAIMER
The TRL48640 2023 SEMESTER 1 ASSIGNMENT GUIDE IS A PRODUCT OF
INTERNAL AND EXTERNAL RESEARCH THAT INCLUDES THE STUDY GUIDE,
PRESCRIBED TEXTBOOK, AND OTHER AUTHENTIC SOURCES.
NB: Students must not copy and paste. For clarity, students are free to call on
the provided number and/ email.
, TRL4864 ASS 1 2023 0717513144
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 ........................................................................................... 3
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 .................................................................. 7
Insourcing versus Outsourcing................................................................................ 8
Other sources that can be used include: ................................................................. 9
User Buy .............................................................................................................. 9
Volume Consolidation .......................................................................................... 9
References ............................................................................................................... 10