Get the free DISCONTINUED Order Matrix - Intense Lighting
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ICLT6MH2 JOB NAME Paris Multiple HID Ceramic Metal Halite Recessed Series T6 G12 (2) Head CATALOG NUMBER NOTES TYPE 6 7/16 DISCONTINUED 7 5/8 16 1/8 6 15/16 8 16 12 11/16 14 5/8 Cutout: 7 9/16 ×
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How to fill out discontinued order matrix
How to fill out a discontinued order matrix:
01
Identify the product: Start by listing the name or description of the discontinued product in the first column of the matrix.
02
Reason for discontinuation: In the second column, provide a brief explanation or reason for why the product is being discontinued. This could include factors such as low demand, outdated technology, or production issues.
03
Current stock status: In the third column, indicate the current stock level or quantity of the discontinued product that is still available. This can help determine if there is a need to liquidate or sell off the remaining inventory.
04
Customer impact: The fourth column should highlight the impact of discontinuing the product on customers. This may include information on customer inquiries, complaints, or requests for alternative options.
05
Potential alternatives: In the fifth column, suggest possible alternative products that customers can consider as substitutes for the discontinued item. This can help minimize the impact on customers and provide them with alternative options.
06
Marketing strategy: The sixth column can focus on the marketing strategy for the discontinued product. This may include suggestions for promoting the remaining stock, offering discounts or incentives, or targeting specific customer segments.
07
Decision and action plan: In the final column, document the decision and action plan based on the information gathered in the previous columns. This may involve determining if the remaining stock will be sold off, disposed of, or held for a certain period of time.
Who needs discontinued order matrix?
01
Product management teams: They may use the discontinued order matrix to assess and manage the discontinuation of products in their portfolio. It helps them evaluate the impact on customers, make decisions about remaining stock, and plan for alternative solutions.
02
Sales and marketing teams: They can utilize the matrix to understand the implications of product discontinuation on their efforts. It allows them to communicate effectively with customers, offer alternatives, and develop marketing strategies to mitigate the negative impact.
03
Customer service teams: By having access to the discontinued order matrix, customer service representatives can assist customers who inquire about the product. They can provide information about availability, alternatives, and any promotional offers related to the discontinued item.
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What is discontinued order matrix?
The discontinued order matrix is a report that outlines all orders that have been discontinued or cancelled.
Who is required to file discontinued order matrix?
Manufacturers and retailers are required to file the discontinued order matrix.
How to fill out discontinued order matrix?
The discontinued order matrix can be filled out by providing details of the discontinued orders in a specified format.
What is the purpose of discontinued order matrix?
The purpose of the discontinued order matrix is to track and document all orders that have been cancelled or discontinued.
What information must be reported on discontinued order matrix?
The discontinued order matrix must include details such as order number, date of cancellation, reasons for cancellation, and any associated costs.
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