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Words: | Submitted: Mon Jun 19 2006
... thrive or fail, it will be a few key decisions that will ultimately decide the company's fate. Diagnosis After some research, it has been found that Sport Obermeyer has some challenges when it comes to the manufacture of their products. Their biggest challenge is how they will forecast what should be manufactured. If Obermeyer's forecast is not on target one of two scenarios happen. First, at the end of the season Obermeyer could have an excess inventory of colors and styles that were not popular. Obermeyer is forced to sale these goods to the retailers at a steeply discounted price. The second scenario that Obermeyer is faced with is the possibility of stock outs of their most popular items. Both of these scenarios are very costly to the company. To stay competitive Obermyer must increase the accuracy of their forecasts and adjust their production cycle according to customer demand. Forecasting for this ...
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