Assignment #3 Panera Bread – Company’s Assessment November 9‚ 2014 INDUSTRY - RESTAURANT INDUSTRY (QUICK SERVICE RESTAURANTS) Muhammad S. Khan (500335915) Yafit Shimoni (500163226) Andrea Stefekova (500170337) Susan Tokhi (500456375) Sushant Rampal (500530630) Ileana Murray (969002450) Introduction The restaurant industry in the U.S. is robust with sales revenue expected to reach $632 billion in 2012‚ with 970‚000 dining establishments. Participants differentiate themselves in the areas of pricing
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5 Sep 2014 MGMT 479 Panera Case Study 16 Synopsis: “The Panera Bread legacy began in 1981 as Au Bon Pain Co.‚ Inc. Founded by Louis Kane and Ron Shaich a master baker. Corporate headquarters located in Saint Louis‚ Missouri‚ the company prospered throughout the 1980s and 1990s and became the dominant operator within the bakery-cafe category” (Panera Bread‚ 2014). The bakery-café concept capitalized on a confluence of current trends: the welcoming atmosphere of coffee shops‚ the food of sandwich
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Panera Bread Company Mgt# 495 - CMU Contents Introduction All companies must have a strategic plan. How well the strategy succeeds is based on the competitive strategy plan. A competitive strategy is defined as the “specifics of management’s game plan for competing successfully and securing a competitive advantage over rivals in the marketplace.” (Peteraf-Gamble-Thompson‚ 2013). In addition‚ a competitive strategy helps the company provide its position and advantage in
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I feel that Ron Shaich and the leaders did follow the six steps of strategic planning because in 1980 Mr.Shaich started his first bakery called the cookie jar‚ and over three decades he merged with Au Bon‚ acquired St. Louis Bread Co.‚ and eventually morphed into Panera Bread (PNRA). In the past five years Panera’s stock has returned 243%‚ making it the second-best-performing U.S. restaurant after Chipotle (CMG). Shaich (pronounced "shake")‚ 58‚ had a big 2012: Panera‚ with $1.8 billion in revenue
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Cut off with snap blade knife or saw Cut off with snap blade knife or saw CASTING WITH PEWTER CASTING WITH PEWTER It is easy to see how the inlet and chimney work from this example. Unfortunately it got stuck in the mould and banging it on the table broke part of it off. It is possible to use some moulds more than once – until they break! The rough section on the dollar sign was caused by the scum being transferred from the ladle used to fill the mould. This can
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price. Their strategy includes growing the business both organically‚ through encouraging higher frequency of visits from current customers throughout the day‚ as well as growing through the opening of additional franchise bakery-cafes. Panera Bread is trying to achieve a competitive advantage by the quality of their food offerings. Their point of difference compared to many other quick service dining options is their baking expertise as well as their use of all natural‚ high quality ingredients
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What Type of Bread Molds the Fastest? Bread has been part of the human diet for thousands of years. Generally‚ breads were prepared and baked daily for consumption. Today’s bread contains preservatives to make it last longer in the home. This project is about discovering what type of bread molds the fastest out of white‚ wheat‚ rye‚ and homemade. To do this experiment a total of four types of bread were observed in the same environment. A photo of each slice of bread was taken every other day. A
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analysis * Market analysis Market overview In 2011 the market of baked goods was evaluated in $1.8 billion. * As a result of the increase in cereal prices the total sales of baked goods rose only 1% in value. * Packaged industrial bread was the only subsector to increase during this period. Unpackaged/artisanal products still dominate this sector. After losing significative ground to hyper/supermarkets‚ three years ago‚ traditional bakeries reacted by capitalizing on their image
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Knowing Your Bread Pan Capacity Knowing your breadmaker’s loaf capacity will enable you to find recipes of any variety on the Internet for free. It will also keep you from adding too much flour‚ etc. which could cause rising dough to flow over the sides of your bread pan‚ creating quite a mess and if left unattended‚ quite a bit of smoke when the final “bake” cycle begins. Hope you find this information helpful. Happy Breadmaking & Warmest Regards‚ The Breadmaker Guru Remove your bread pan from your
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CASE STUDY 1: PANERA BREAD COMPANY 1. What do you describe as Panera’s purpose‚ mission‚ and strategy? To satisfy customers with fresh baked breads‚ gourmet soups‚ and efficient service. Their strategy is to watch and carefully time market trends and orient the company toward innovating to fulfill consumers. 2. How well has Ron Shaich utilized the open systems model of organizations in moving Panera Bread Company forward in its competitive environment? I believe he has done a
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