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About Lego-Case-Study Ans 2
LEGO's success in the late 20th century was due to its systematic organization of toys. However, LEGO failed to apply this same organization to its own operations and supply chain. As LEGO's product line grew increasingly complex, this led to major forecasting errors and supply inconsistencies. Additionally, LEGO relied too heavily on temporary successes from movie franchise partnerships, leading to unpredictable profits. Rising costs and lost sales from supply issues, coupled with poor marketing strategies, contributed to LEGO's near bankruptcy by 2004.
Detailed Information
Author: | ['VK'] |
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Publication Year: | 2021 |
Pages: | 3 |
Language: | English |
Format: | |
Price: | FREE |
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