Home / Entrepreneurship / creating an inventory sourcing/procurement plan for a retail business:

creating an inventory sourcing/procurement plan for a retail business:

 

Table Of Contents


Table of Contents

Chapter 1

: Introduction and Background..............................................1
  - Purpose of the project
  - Background on the retail business
  - Goals of the inventory sourcing plan

Chapter 2

: Literature Review...............................................................4
  - Best practices in inventory sourcing and procurement
  - Factors to consider in vendor selection
  - Strategies for negotiating pricing and contracts

Chapter 3

: Research on Potential Vendors............................................7
  - Domestic vendor research
  - International vendor research
  - Evaluation criteria and selection process

Chapter 4

: Sourcing Plan Development..............................................10
  - Recommended vendor partnerships
  - Purchasing policies and procedures
  - Receiving and inventory management SOPs

Chapter 5

: Implementation Strategy..................................................13
  - Vendor onboarding process
  - Training requirements
  - Monitoring and reporting procedures

Thesis Abstract



Abstract

This project will develop an inventory sourcing and procurement plan for a startup retail business selling home goods and accessories. The business currently operates an online store and is planning to open its first physical location. An effective sourcing plan is needed to identify reliable vendors, negotiate competitive pricing, and ensure a steady supply of high-quality products. This project will conduct research on sourcing best practices, evaluate potential domestic and international vendors, develop vendor selection criteria, and create standard operating procedures for purchasing, receiving, and inventory management. The goal of the sourcing plan is to streamline operations and control costs as the business scales over the next two years.


Thesis Overview

Blazingprojects Mobile App

📚 Over 50,000 Research Thesis
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Thesis-to-Journal Publication
🎓 Undergraduate/Postgraduate Thesis
📥 Instant Whatsapp/Email Delivery

Blazingprojects App

Related Research

Entrepreneurship. 2 min read

Implementing a Social Enterprise Model for Sustainable Impact: A Case Study Analysis...

The project titled "Implementing a Social Enterprise Model for Sustainable Impact: A Case Study Analysis" aims to explore the practical implementation...

BP
Blazingprojects
Read more →
Entrepreneurship. 2 min read

Developing a Sustainable Business Model for Online Food Delivery Services...

The research project, "Developing a Sustainable Business Model for Online Food Delivery Services," aims to address the growing importance of sustainab...

BP
Blazingprojects
Read more →
Entrepreneurship. 2 min read

Strategies for Scaling a Sustainable Social Enterprise in Developing Countries...

The project titled "Strategies for Scaling a Sustainable Social Enterprise in Developing Countries" aims to explore and analyze the various strategies...

BP
Blazingprojects
Read more →
Entrepreneurship. 4 min read

Developing a Digital Platform to Connect Local Artisans with Global Markets: A Case ...

The project titled "Developing a Digital Platform to Connect Local Artisans with Global Markets: A Case Study in Sustainable Entrepreneurship" aims to...

BP
Blazingprojects
Read more →
Entrepreneurship. 2 min read

Developing a Business Model for Sustainable Fashion Startups...

The project titled "Developing a Business Model for Sustainable Fashion Startups" aims to address the need for innovative and sustainable business mod...

BP
Blazingprojects
Read more →
Entrepreneurship. 3 min read

Developing a Sustainable Business Model for Food Delivery Services in Urban Areas...

Overview: The project titled "Developing a Sustainable Business Model for Food Delivery Services in Urban Areas" aims to address the growing demand f...

BP
Blazingprojects
Read more →
Entrepreneurship. 2 min read

Utilizing Blockchain Technology for Supply Chain Transparency in Small Businesses...

The project titled "Utilizing Blockchain Technology for Supply Chain Transparency in Small Businesses" aims to explore the potential benefits and chal...

BP
Blazingprojects
Read more →
Entrepreneurship. 3 min read

Implementing a Sustainable Business Model for a Social Enterprise in a Developing Co...

The project titled "Implementing a Sustainable Business Model for a Social Enterprise in a Developing Country" aims to address the critical need for s...

BP
Blazingprojects
Read more →
Entrepreneurship. 3 min read

The Impact of Social Media Marketing on Small Business Growth: A Case Study of Local...

The research project titled "The Impact of Social Media Marketing on Small Business Growth: A Case Study of Local Retail Stores" aims to examine the i...

BP
Blazingprojects
Read more →
WhatsApp Click here to chat with us