Supply chain management assignment 1 Seven Eleven In this essay I will analyze and describe the Seven Eleven supply chain in relation to its strategic fit. First I will explain the Seven eleven supply chain and how achieving strategic fit. The role of a supply chain is to maximize surface. The decisions made in the phases of the supply chain have a large impact on Seven Eleven. You want to manage the flow of products and the flow of information very well‚ all this in order to minimize
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SEVEN-ELEVEN JAPAN CO. CASE ANALYSIS What is the future outlook for Seven Eleven Stores in USA? Seven-Eleven is part of an international chain of convenient stores. 7-Eleven‚ primarily operating as a franchise‚ is the world ’s largest operator‚ franchisor and licensor of convenience stores‚ with more than 46‚000 outlets. The Seven-Eleven business model consists of five key elements: * A differentiated merchandising strategy; * Utilization of 7-Eleven’s retail information system & Managed
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Supply Chain Management Case study of Seven-Eleven Japan Company A. Background Seven-Eleven‚ a famous convenience store‚ was established in 1973 and had its first store in Tokyo in May 1974. It was found by Masatoshi Ito while he thought that superstores were the wave of the future after a trip to the United States. The company was first listed on the Tokyo Stock Exchange in October 1979. During 1985-2009‚ the numbers of store and its annual sales experienced tremendous growth that the
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| Executive Summary Seven Eleven Japan established in 1973 and became the leader in Japan’s retail industry. In order to obtain its success‚ Seven Eleven Japan has developed several strategies in improving her supply chain management. Seven Eleven Japan continuous improves her information system in order to get the latest customer response and expand her product range to meet the market trend rapidly. It helped a lot in the supply chain operation between supplier‚ distribution
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Tanpin Karin is a demand-oriented method of chain management successfully used by Seven-Eleven`s Japan. It`s credited to the company`s CEO‚ Toshifumi Suzuki‚ who started to develop it during the 70`s in response to a shift in the market from a seller`s orientation to a buyer`s drive. Until then‚ the inventory decision-making process was led by supply-chain management practices – items were seen as commodities and replenished according with the amounts that they had sold in the past. In contrast‚
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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? De manera general se tiene varias formas en las que una tienda de conveniencia se abastezca de modo que pueda responder a la demanda de los clientes (Chopra & Meindl‚ 2010): * Contar con un inventario lo suficientemente extenso que lo permita
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Study question 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? 2. Seven-Eleven’s supply chain strategy in Japan can be described as attempting to micro-match supply and demand using rapid replenishment. What are some risks associated with this choice? 3. What has Seven-Eleven done
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SEVEN-ELEVEN JAPAN CO Q1) 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? Ans) There are following ways to make convenience stores responsiveness. • To maintain high inventory level • By removing implied demand uncertaininty. • By quick replenishment of products or time management
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Toshifumi Suzuki‚ decided to try to bring the Seven Eleven convenience store concept to Japan‚ having to convince possible shareholders of the franchise in Japan (in this case the father of Tochifumi Suzuki) to take part in the endeavour. 2. Background 2.1. Seven Eleven USA The Seven Eleven convenience store company was founded in 1927 in Dallas‚ USA‚ by the Southland Corporation. It had been very successful in the US. In 2007 it was the largest chain store in the world. It was however in 1973
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EXECUTIVE SUMMARY Seven-Eleven had realized unique growth in the business sector as there was utilization of supply chain strategy of Seven-Eleven and certain performance drivers upon the balance nature business responsiveness and the awareness of certain risks involved. For Seven-Eleven to be successful‚ ECR approach will be realized that are effective for store assortments; chain replenishments and efficient promotion as well as product introduction. Seven-Eleven have found better ways of
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