Principles of Management Chapter 5 Activity Planning Chapter 5 Case Study Nordstrom: Planning a better inventory. Read the case in your textbook. Utilize information from the chapter, Nordstroms website ( HYPERLINK "http://www.nordstom.com" www.nordstom.com) and other objective media and research sites to answer these questions: How does Nordstrom use demand forecasting to minimize leftover inventory? What benchmarks could Nordstrom use to assess the success of its web-based inventory integration? How might Nordstrom apply the concept of participatory planning to product purchasing? What groups should be involved? Imagine you have been asked to develop a long-range plan to extend Nordstroms inventory management overhaul into the future. What changes, revisions, or updates would you plan for the company? What stretch goals come to mind?

Principles of Management
Chapter 5 Activity
Planning

Chapter 5 Case Study Nordstrom: Planning a better inventory.
Read the case in your textbook. Utilize information from the chapter, Nordstroms website ( HYPERLINK "http://www.nordstom.com" www.nordstom.com) and other objective media and research sites to answer these questions:
..............
How does Nordstrom use demand forecasting to minimize leftover inventory?
What benchmarks could Nordstrom use to assess the success of its web-based inventory integration?
How might Nordstrom apply the concept of participatory planning to product purchasing? What groups should be involved?
Imagine you have been asked to develop a long-range plan to extend Nordstroms inventory management overhaul into the future. What changes, revisions, or updates would you plan for the company? What stretch goals come to mind?