1. A convenience store chain attempts to be responsive and provide customers what they need‚ when they need it‚ where they need it. What are some different ways that a convenience store supply chain can be responsive? What are some risks in each case? As responsiveness increases‚ the convenience store chain is exposed to greater uncertainty. A convenience store chain can improve responsiveness to this uncertainty using one of the following strategies‚ especially for fresh and fast foods: Method
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1) A convenience store chain attempts to be responsive and provide customers what they need‚ when they need it‚ where they need it. What are some different ways that a convenience store supply chain can be responsive? What are some risks in each case? In order to be response‚ a store has to make a selection between holding large inventory or frequent orders & frequent delivery routes. With holding large inventory‚ risks would be: risk of unsold products; inventory costs (in terms of money)
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October 7 2013 Team members: Hoai Thu Nguyen Izabela Wac Mihail Stan Radka Volkova Number of characters (including spaces‚ footnotes‚ end notes and text boxes): _22‚999_ Signatures of all the participating group/team members: _____________________________ _____________________________ _____________________________ _____________________________ _____________________________ ____________________________
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Seven-Eleven Japan1 Established in 1973‚ Seven-Eleven Japan set up its first store in Koto-ku‚ Tokyo‚ in May 1974. The company was first listed on the Tokyo Stock Exchange in October 1979. In 2004 it was owned by the Ito-Yokado group‚ which also managed a chain of supermarkets in Japan and owned a majority share in Southland‚ the company managing 7-Eleven in the United States. On September 1‚ 2005‚ Seven & I Holdings Co.‚ Ltd.‚ was established as the holding company for Seven-Eleven Japan‚ Ito-Yokado
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The Innovative Marketing Model of 7-Eleven: A Case Study By: Jordan Barnes MBA 6012 5/22/2015 Background and History 7-Eleven‚ Inc. operates and franchises the most recognizable chain of convenience stores in the United States and 15 other countries including‚ Canada‚ Japan‚ China‚ the Philippines‚ Australia‚ and Mexico. The 7-Eleven chain began in 1927 as an icehouse in Dallas‚ Texas by the name of the Southland Ice Company. Soon after‚ it began opening and operating stores
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ANAYLSIS 7 ELEVEN 1.1 CompanyBackground(7-Eleven) 7-Eleven‚ founded in 1927 in Dallas‚ Texas‚ is the world’s largest operator and licenser of convenience stores with more than 21‚000 units worldwide and nation’s largest independent gasoline retailers. The name 7-Eleven was originated in 1946 when the stores were open from 7am to 11pm. Today‚ offering customers 24-hour convenience‚ seven days a week is the cornerstone of 7-Eleven’s business. 1.2 Customer-Orientated Factors 7-Eleven focused
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Global 7-Eleven Management Control INTRODUCTION. Control. In management control is a critical fuction. Management control problem can lead to large loses and possibly even to organizational failure. (Kenneth and Van Der Stede‚ 2004). Why controlling became the crucial thing on an organization or company? it because controlling handle the process of monitoring‚ comparing‚ and correcting work performance. (Robbins and Coulter‚ 2009). So‚ what the impact to the company or organization if
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These relationships are critical elements of 7-Eleven’s operational efficiency and strategy. Technology allows 7-Eleven to seamlessly integrate ordering and delivery scheduling. Key suppliers to 7-Eleven‚ however‚ have remained resistant to participating in the company’s evolving distribution system. These consumer packaged goods manufacturers have extensive distribution networks
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Columbia Business School The New 7-Eleven I’ve got a great opportunity. I’m transforming a brand with 75 years of history. - Jim Keyes‚ CEO‚ 7-Eleven Jim Keyes‚ the 4-year veteran CEO of 7-Eleven‚ is flying his Beechcraft A36 Bonanza. He is ascending to 10‚000 feet‚ and despite the good weather he remains vigilantly focused on the instrument panel‚ and on the bright skies around him. “Flying is a great distraction‚” he says. “You can’t think about anything else when you’re in the cockpit
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INTRODUCTION The Seven-Eleven Japan Co. case discusses about the rise of Seven-Eleven in the Japanese retail store business. It analyzes the factors contributors to the phenomenal success of the company in the retail business with a supply chain perspective. The analysis focuses on the company’s supply chain strategy and performance drivers which leads to great balance between efficiency and responsiveness. QUESTIONS & ANSWERS 1) A convenience store chain can be responsive and provide customers
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