{"id":87,"date":"2011-11-24T18:30:11","date_gmt":"2011-11-25T01:30:11","guid":{"rendered":"https:\/\/blogs.ubc.ca\/melodyhan\/?p=87"},"modified":"2011-11-24T18:31:09","modified_gmt":"2011-11-25T01:31:09","slug":"87","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/melodyhan\/2011\/11\/24\/87\/","title":{"rendered":"Lululemon\u2019s problem: can\u2019t meet demand?"},"content":{"rendered":"<p><a href=\"https:\/\/blogs.ubc.ca\/melodyhan\/files\/2011\/11\/Screen-shot-2011-11-24-at-5.20.17-PM1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-90\" title=\"Screen shot 2011-11-24 at 5.20.17 PM\" src=\"https:\/\/blogs.ubc.ca\/melodyhan\/files\/2011\/11\/Screen-shot-2011-11-24-at-5.20.17-PM1-300x225.png\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/blogs.ubc.ca\/melodyhan\/files\/2011\/11\/Screen-shot-2011-11-24-at-5.20.17-PM1-300x225.png 300w, https:\/\/blogs.ubc.ca\/melodyhan\/files\/2011\/11\/Screen-shot-2011-11-24-at-5.20.17-PM1.png 583w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>The Globe and Mail provides an article that discusses Lululemon\u2019s <a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/markets\/markets-blog\/market-view-video\/lululemon-head-scratcher\/article1945910\/\">current problem<\/a>: stocks are dropping due to a shortage in supply. Over the past year there was a 28% increase in store sales and RBC retail analyst, Howard Tubin, estimated a 10-12% increase in the first quarter of 2011. However, in March 2011, the stocks dropped 4.4% on the Toronto Stock Exchange.<\/p>\n<p><a href=\"https:\/\/blogs.ubc.ca\/melodyhan\/files\/2011\/11\/Screen-shot-2011-11-24-at-5.19.44-PM2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-89\" title=\"Screen shot 2011-11-24 at 5.19.44 PM\" src=\"https:\/\/blogs.ubc.ca\/melodyhan\/files\/2011\/11\/Screen-shot-2011-11-24-at-5.19.44-PM2-300x200.png\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/blogs.ubc.ca\/melodyhan\/files\/2011\/11\/Screen-shot-2011-11-24-at-5.19.44-PM2-300x200.png 300w, https:\/\/blogs.ubc.ca\/melodyhan\/files\/2011\/11\/Screen-shot-2011-11-24-at-5.19.44-PM2.png 640w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Lululemon is unable to supply its customers with enough yoga wear and combined with their increasing expenses of air transportation of products, their stocks dropped a considerable amount. Lululemon\u2019s problem occurs frequently in many companies because it is difficult to get the product to the right place at the right time in accurate amounts.<\/p>\n<p>I believe that Lululemon in unable to meet their demands because they are unable to deal with variability. Randomness is everywhere in business and demand is a variable; therefore, companies make mistakes. I think that Lululemon should construct a demand forecast using market research, analysis and prototyping. Since a forecast is the possible outcomes and the likelihood of those events happening, Lululemon should use this probability distribution to improve its supplied quantity to better meet customers\u2019 demands.<\/p>\n<p>Works Cited:<\/p>\n<p>&#8220;Lululemon\u2019s Problem? Customers Can\u2019t Get Enough &#8211; The Globe and Mail.&#8221;\u00a0<em>The Globe and Mail<\/em>. Web. 24 Nov. 2011. &lt;http:\/\/www.theglobeandmail.com\/globe-investor\/lululemons-problem-customers-cant-get-enough\/article1945253\/&gt;.<\/p>\n<p>Powerpoint: Class 15, Supply chain operations 2, Oct. 27<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Globe and Mail provides an article that discusses Lululemon\u2019s current problem: stocks are dropping due to a shortage in supply. Over the past year there was a 28% increase in store sales and RBC retail analyst, Howard Tubin, estimated a 10-12% increase in the first quarter of 2011. However, in March 2011, the stocks [&hellip;]<\/p>\n","protected":false},"author":8999,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-87","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/posts\/87","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/users\/8999"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/comments?post=87"}],"version-history":[{"count":3,"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/posts\/87\/revisions"}],"predecessor-version":[{"id":107,"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/posts\/87\/revisions\/107"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/media?parent=87"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/categories?post=87"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/melodyhan\/wp-json\/wp\/v2\/tags?post=87"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}