With the holidays right around the corners, and the sales on so many items at various stores, inventory management is crucial during these times. Not only are large quantities expected to be in inventory but also excess inventory to continually carry the stores throughout the holiday season all the way passed Christmas. Walmart announced that its Black Friday sale will start at 8p.m. on Thursday, November 22. Many big named brand items have already been announced for customers to start placing on their wishlists.
Despite such an increased expected demand, Walmart will guarantee products to customers by giving them what they call guarnatee cards, that will ensure that customers get the item they wanted before Christmas at the advertised Black Friday price. Walmart is even going as far as having three rounds of sales to be able to keep up with the high demand of items on sale, especially electronics.
Do you think the Walmart should purposefully order more merchandise to account for such high demand during the holiday times or do you think that the products that they do have available on hand are excess items ordered previously throughout the year that has just sat in holding inventory? How might Walmart be able to access ordering trends and be able to supply enough of the items that are in high demand?