Question
Push-based Supply Chain and Pull-based Supply Chain.
Answer :
Word Count : 236
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In retail trade supply chain management, push-based and pull-based supply chains represent two different approaches to managing the flow of goods from suppliers to customers. A push-based supply chain is driven by demand forecasts. In this system, production and distribution decisions are made in advance based on predicted customer demand. Retailers estimate future sales using historical data, market trends, and seasonal patterns, and then push products through warehouses to retail stores. This approach ensures product availability and reduces the risk of stockouts, especially for fast-moving consumer goods. However, inaccurate forecasts can lead to overstocking,
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