Casper Sleep CEO on Supply Chain, Operating Margins

Casper Sleep CEO on Supply Chain, Operating Margins

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Interactive Video

Business

University

Hard

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The video discusses how the company managed its supply chain during the pandemic, maintaining delivery despite increased demand. It highlights cost benefits from a lower commodity environment and focuses on achieving 50% growth in profit margins. The company has adapted to the current environment by leveraging its digital business and reducing marketing expenses. Staff reductions were necessary, but future hiring is planned as demand remains strong. Discounting remains a key strategy, but strong brands like Casper can maintain strength without heavy reliance on discounts.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's current target for operating margins?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company view the role of discounting in its business strategy moving forward?

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