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According to a survey conducted by Kantar Retail (a London based firm) in June 2012, Wal-Mart stores were out of stock on 14% items whereas Amazon had all its items in stock.
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Friends who have been through this have told me to purchase early because the chance of the items still in-stock on move-in day is pretty slim to none.
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Mixed in with the opportunistic merchandise are 600 items that the store manager must keep always in stock, like batteries, mouthwash and cotton balls.
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Business intelligence leads to better decisions, like what items to stock and in what quantity.
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Thousands of orders poured in--for items out of stock.
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In the rush among people from the region to stock up on bottled water, tissue and other items, however, total sales in that period actually rose by 20 per cent.
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Hairballs mean more inventory costs because at each geographically separate production stage a buffer stock of unfinished items is kept to cope with any disruptions in the flow from another plant.
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The numbers also include and do not pull out charges for non-cash items like stock-based compensation, which was significant as the company did a major ramp up in growth from 600 to 5, 000 employees in 2011.
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In the three bedroom apartment from which founder Sahil Baghla and his team run the business, they stock only 20 different items, half of which are different color t-shirts that get sent to the printer as the orders arrive.
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