SWOT OF 7-ELEVEN 7-Eleven is part of an international chain of convenience stores‚ operating under Seven-Eleven Japan Co. Ltd‚ which in turn is owned by Seven & I Holdings Co. of Japan. Strengths* Real estate availability* Localized assortment* Convenience* High margins* Franchise model allows for faster expansion* Relatively standardized stores allow for more optimized operations | Weaknesses* High margins/prices* Limited assortment offering* Not perceived as a place to buy a complete meal*
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Seven-Eleven Japan Co. Analysis on Supply Chain 1. OutlineHistory & ProfileStrategy & Tactic of Seven ElevenFood Items ClassificationConvenience at the StoreSchematic Representation of the Supply ChainSupply Chain FrameworkSupply Chain Drivers AnalysisCase Questions Discussion 2. History and ProfileFounded by Masatoshi Ito post 2ndWorld War.By 1960‚ the single store had grown into a $3 million company.In 1961‚ realized that superstores were the wave of the future.In 1972‚ approached Southland
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7-11 SOM Study - Final Group 1 LRSP - 433 March 3‚ 2010 Pledged 3/3/2010 Table of Contents Background 2-3 Problem Statement 4 Scope 5 Service Design and Characteristics 6 Service Analysis and Selection 7-8 Sales Production & Forecasting 9-11 Breakeven Analysis 12-13 Capacity Management (includes Decision Tree) 14-15 Inventory Management and Materials Requirements 16 Logistics and Supply Chain Management 17 Quality
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1) 7-Eleven was founded by J. C. Thompson in 1927 as The Southland Ice Company in Dallas‚ Texas. When an enterprising employee in a small ice storefront began offering milk‚ bread and eggs on Sundays and evenings when grocery stores were closed. This was the beginning of the convenience store industry as it is known today Franchise (7-eleven‚ n.d ).The company’s first convenience outlets were known as Totem’s stores since customers "toted" away their purchases‚ and some even sported genuine Alaskan
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SPECIAL FEATURE 2 Seven-Eleven Japan’s Business Model Since its establishment in 1973‚ Seven-Eleven Japan (SEJ) has always closely tracked changes in society and consumer lifestyles and has taken steps to enhance its own operations to meet emerging trends. SEJ continues to implement reforms to support continued progress. This section explains the strengths of SEJ’s business model. SEJ CORPORATE PHILOSOPHY • Modernization and Revitalization of Existing Small and Medium-Sized Stores
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7-Eleven was founded by J. C. Thompson in 1927 as The Southland Ice Company in Dallas‚ Texas. Started as an ice vendor‚ the company eventually began offering milk‚ bread and eggs on Sundays and evenings when grocery stores were closed. This new business idea produced satisfied customers and increased sales‚ spawning the precursor of the modern convenience retail concept. The company’s first convenience outlets were known as Tote’m stores since customers "toted" away their purchases. In 1946‚ Tote’m
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In Taiwan‚ the 7-ELEVEN is one of the most popular convenience stores. Even though there are other convenience stores‚ these stores all try to compete with 7-ELEVEN which remains the top one in the convenient store market. The first store opened in 1978 and since then has grown more than 4‚600 stores. The area of Taiwan is small‚ 13‚900 square miles‚ but Taiwan has highest density of 7-ELEVEN stores in the world‚ with stores everywhere‚ from mountains to ocean-side. There are only 23 million people
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analysis of 7-Eleven’s Strategic Business and Information Systems Needs. Q1. Evaluate 7-Eleven’s competitive advantage using the Michael Porter’s Five Forces model. The 7-ELEVEN convenience store concept was created in 1927 by the Southland Corporation which‚ at that time‚ operated mainly as an ice‚ milk‚ and eggs retailer. By 1946‚ the Southland Corporation introduced a new convenience service that involved prolonging the opening time from 7 a.m. to 11 p.m. This was how the legendary 7-ELEVEN name
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7-Eleven is a international convenience stores that operated by Seven-Eleven Japan Co. Ltd‚ which in turn is owned by Seven & I Holdings Co. of Japan. 7-Eleven was founded by J. C. Thompson in 1927 as The Southland Ice Company in Dallas‚ Texas‚ and been take over by the Japanese company in 1991. (7eleven.com.my‚ 2010) 7-Eleven are selling franchise and license to entrepreneur to expand its business in lower cost and shorter period of time‚ it also the first franchisor in the local market to
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Gaps model of Service Quality The success of 7-eleven The Gaps model of service quality was first developed by Parasuraman‚ Berry and Zeithaml in 1985 and more recently described in Zeithml and Bitner in 2003. The model identifies four spectfic gaps leading to a fifth overall gap between customers’ expectations and perceived service. Knowledge gap The first gap may occur when management identify the customer’s expectation inaccurately. When the customer expectation has difference with the management
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