Matching demand and supply to maximise profit

Singh, Gurpreet and Okoro, Ogechi (2017) Matching demand and supply to maximise profit. Applied Management Conference, Wintec, Hamilton, New Zealand, 30-31 October 2017.

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Abstract or Summary

Purpose of this research is to find how Frankton fresh organisation can increase the profitability with the help of matching demand and supply. Moreover, which activities they can do to improve supply and demand. There are some major findings of this research which help to give improvement in this organisation. The main findings are how they manage inventory system, shortage of staff, order process, and distributor strategy. This is important part of this research because organisations get an idea about the changes which they have needed to give to maximize the profitability. Time is running fast and this is a cut throat competition. Every time and every organisation want to give changes to get improvement in business. So in this research, there are some recommendations for organisation, like improvement in inventory system, proper air ventilation system, hire more experienced staff, and proper pricing updating in system.

Item Type:Paper presented at a conference, workshop or other event, and published in the proceedings
Keywords that describe the item:demand, supply, sales, marketing, profit, fruit and vegetable shop
Subjects:H Social Sciences > HF Commerce
Divisions:Schools > Centre for Business, Information Technology and Enterprise > School of Business and Adminstration
ID Code:6078
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Deposited On:17 Jul 2018 00:14
Last Modified:17 Jul 2018 00:14

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