**B. increase the accuracy of inventory control.**
For products with a **short life cycle**, such as fashion items or seasonal goods, capturing **point-of-sale (POS) information** is critical to maintaining accurate inventory control. These products have limited shelf lives and high demand variability, so real-time sales data helps retailers:
- Monitor stock levels closely.
- Avoid overstocking or stockouts.
- Make timely replenishment decisions.
- Adjust pricing or promotions to clear excess inventory before the product becomes obsolete.
The most important reason to capture point-of-sale (POS) information for products with a short life cycle is to B. increase the accuracy of inventory control.
Explanation:
For products with a short life cycle, accurate inventory control is crucial to avoid overstocking and spoilage. By capturing POS information, retailers can closely monitor the sales of these products and adjust orders accordingly, ensuring they have the right amount of stock on hand without letting it expire. This minimizes waste and optimizes inventory levels.
Why other options are less suitable:
A. increase visibility within the supply chain:
While visibility is important for overall supply chain management, for short-life cycle products, accurate inventory control is more critical. Accurate inventory data allows retailers to make informed decisions about ordering and preventing overstocking, which directly impacts their ability to manage inventory effectively throughout the supply chain.
The most important reason to capture point-of-sale (POS) information in retail stores for products with a short life cycle is the increase the accuracy of inventory control.
increase visibility within the supply chain by minimize bullwhip effect
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