Supply Chain Issues Hardest to Overcome, Says Designer Brands CEO

Supply Chain Issues Hardest to Overcome, Says Designer Brands CEO

Assessment

Interactive Video

Business

University

Hard

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The video discusses the challenges faced by retailers, focusing on supply chain issues and labor shortages. It highlights strategies like overbuying inventory and narrowing product assortments. The speaker emphasizes investment in customer, brand, and speed, and the use of stores as warehouses to fulfill digital demand. Labor retention is addressed through bonuses and full-time positions. The video also explores brand partnerships, particularly with Nike, and strategies to maintain high margins through inventory discipline.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the organization plan to leverage its store locations to meet consumer demand?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes are being made regarding the workforce in response to labor shortages?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are being implemented to ensure better inventory management and avoid markdowns?

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