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How To Balance Supply And Demand Of Your Product In The Market?
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[QUOTE="Alexandoy, post: 212057, member: 25510"] I have noticed in business that the usual priority is the concern for the demand. There is even a saying that the customer is always right (although this is not accurately true). When the sales would go down the management would feel panic. How about when the supply suffers an interruption just like what happened here when the pandemic started? Food supply had a shortage because the suppliers had difficulty in passing by the road checkpoints. Delivery drivers are afraid that the cops will milk them of their hard earned money by inventing issues on their cargo. The healthy setting in the supply aspect is to have at least 3 suppliers of the same product. You order from each one in an alternating fashion so that all of them will have a sale from you. When one supplier goes down then you still have 2. When there is a problem with shortage of the products like the farm harvest during the rainy season the prices will go up due to the shortage. In that scenario you are lucky if your supplier can still deliver your complete orders. [/QUOTE]
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How To Balance Supply And Demand Of Your Product In The Market?
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