Posted: July 29th, 2022

What kind of additional skills, techniques and strategies would retail/merchandise managers be required to learn?

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1. What kind of additional skills, techniques and strategies would retail/merchandise managers be required to learn?
2.Define the term, “Just-in-Time” (JIT) with respect to the exchange of goods. How will the function improve the process of an omni-channel retailer transitioning to I.4.0?
3. Explain the Luxury Brand Management (LBM) framework. How could this model assist retail/merchandise managers?
4. Define the term Industry 4.0. How will this retail revolution improve omni-channel retailing?
5. Based on your research, readings, and videos during the last four weeks, what type of global omni-channel retail organizational and management practices do you foresee changing in the next five years?
Each answer needs to be two paragraphs long and one source for each question.

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