Retail’ as a word has its origins in late Middle English word retaille, re=”expression of force” tailler = ‘to cut’. So, simply put, retailers cut big pieces to small pieces for consumption rather than resale. Just like the butcher needs careful consideration to the art of providing small pieces of a large piece of meat to satisfy each of the numerous customers, retail is not an art unless inventory control is put into practice.
Pratik
Supply Chain of The World’s Highest Garbage
We all go on holidays and each one of us has a unique preference on where to spend the time. Some of us might like the warm Mediterranean, some might like the mountains in Switzerland. Being from a tourism dependent third world economy, I have a different perspective to holidays spent high up in the snowy Himalayas. The Himalayas are by nature rugged and difficult to traverse. Hills and plains can be easily be traversed by air, land and in some cases even water. The mighty Himalayas essentially bring out the raw traverse method- on foot. This might seem obvious but the consequences run deeper than that.
