Exam 1: Land's end Flashcards
1
Q
The Lands’ End video stressed:
A
“Quick Response” inventory systems
2
Q
What are the 2 main things that the Land’s End company valued from their supplier?
A
Geographic and personal selling rather than advertising.
3
Q
Straight rebuys
A
they build a relationship with their supplier
4
Q
modified rebuys
A
modifying the manufacturing process
5
Q
new task purchases
A
extensive search for information
6
Q
What are the 3 buying criteria’s that Land Ends look for in a company when buying their products?
A
- economic criteria
- quality and service criteria
- vendor criteria
7
Q
How long is there relationship with their supplier usually?
A
15-20 yrs.
