Thursday, March 24, 2011

Journal

3/24/11

My favorite part about this chapter is the talk about build-to-order or mass customization. I am a very picky person and over the last few years I have seen a huge increase in companies allowing you to design your own item, which is a huge benefit for someone like me. I love watches and shoes and both of the industries now offer custom designs or design it yourself orders. I gained a lot of knowledge from the inventory control section also, I realized how important it is to be aware of inventory levels to ensure you aren’t overstocked or understocked and still have money to work with, it is important to not keep all the money invested in inventory or marketing, shipping, and developing in products can decrease.

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