M. Elaine Gallego
August 02, 2010
Kudler Fine Foods Issue Analysis
In today’s economy of uncertainty, businesses face an increasing pressure on costs and financing requirements that have resulted from the ever-growing competition. As businesses try to reach a great level of efficiency, it is important to focus and take an active approach by planning, strategizing and resolving their issues before they become problems. In the case of Kudler Fine Foods, to stay ahead means to resolve several issues. Issues such as: dealing mainly with perishable goods, or that the Del Mar location is having difficulties and one that seems to trouble them greatly is that their expansion seems to be limited by their geographical location. Management appears to be making a conscientious attempt to address their problems by implementing corrective actions in an effort to prevent them from becoming unmanageable. Nevertheless, their vision at times appears to be somewhat misconstrued and unless they are willing to expand their horizons their problems will allow room for their competitors.
Kudler Fine Foods specializes in perishable goods and while this has been a great market niche for them, the fact that these products have a short shelf life may have hindered the company. The short shelf life prevents Kudler Fine Foods from stocking its inventory; therefore they do not have the benefit of the discount price given one high quantity. The monitoring plan that they have implemented will assist them in assessing the quantity per location, per period and how fast they can move it and over the long run they will be able to develop accurate forecast models. This will enable Kudler Fine Foods to negotiate with their suppliers annual costing to be delivered during their peak times and benefit from discount prices that will make them more competitive even in places like Del Mar.
Although the Del Mar location appears... [continues]
Cite This Essay
(2010, 11). Kudler Fine Foods Issue Analysis. StudyMode.com. Retrieved 11, 2010, from http://www.studymode.com/essays/Kudler-Fine-Foods-Issue-Analysis-460372.html
"Kudler Fine Foods Issue Analysis" StudyMode.com. 11 2010. 11 2010 <http://www.studymode.com/essays/Kudler-Fine-Foods-Issue-Analysis-460372.html>.
"Kudler Fine Foods Issue Analysis." StudyMode.com. 11, 2010. Accessed 11, 2010. http://www.studymode.com/essays/Kudler-Fine-Foods-Issue-Analysis-460372.html.