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? Some of the ways that a convenience store chain can response are: * Focusing in the total cost of the supporting a chain‚ that includes all the elements of cost that go into a purchase like order quantities‚ deliveries‚ warehousing‚ support systems
Premium Supply chain management Convenience store United States
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
Premium Convenience store Retailing
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)
Premium Convenience store Supply chain management Inventory
1. In order for a convenience store chain to be responsive‚ which mean providing customer with what they need‚ when they need it and where they need it‚ some different ways to do are: a) Have large inventory in terms of quantity‚ variety and quick replenishment in order to be able to respond quickly to customer demand Risk associated: high cost: warehouse‚ transportation high Implied Demand Uncertainty: little time to react‚ risk of inventory that cannot be sold b) Provide highly innovative
Premium Convenience store Supply chain management
When considering a distribution network design for 7-Eleven in the United States one must consider the measures that influence the structure of that network. These measures are: response time‚ product variety‚ product availability‚ customer experience‚ time to market‚ order visibility‚ and returnability. The latter three are of less relevance when consider the function of a convenience store chain. A chain like 7-Eleven aims to provide it’s customers with a small variety of essential items (motor
Premium Convenience store Retailing Marketing
4. Seven-Eleven does not allow direct store delivery in Japan but has all products flow through its distribution center to reduce the number of vehicles required for daily delivery service to each store‚ even though the delivery frequency of each item was quite high. At the distribution center‚ delivery of like products from different suppliers was directed into a single temperature controlled truck. Each truck made deliveries to multiple retail stores. None of the distribution centers carried any
Premium Supply chain management Convenience store Filling station
10-13 5. Controlling Plans 13 6. Backup Plans 14 7. Overall Recommendations 14 Executive Summery Romano’s take-out Inc. is a very successful pizza take out store in Ann Arbor and South Field. Over there‚ they have successfully managed to run the store and able to acquire a profit for a high demand proposed by the students live in the neighborhood from university of Michigan campus and as well as from the residential customers and through high demand
Premium Pizza delivery Marketing Customer service
CENTER FOR INFORMATION SYSTEMS RESEARCH Sloan School of Management Massachusetts Institute of Technology Cambridge Massachusetts 7-ELEVEN Japan Co.‚ Ltd.: Reinventing the Retail Business Model Kei Nagayama and Peter Weill January 2004 CISR WP No. 338 and MIT Sloan WP No. 4485-04 2004 Massachusetts Institute of Technology. All rights reserved. Research Article: a completed research article drawing on one or more CISR research projects that presents management frameworks‚ findings and recommendations
Premium Retailing
1.0 Introduction 7 Eleven or also known as 7-11‚ is part of an international chain of convenience stores. 7 Eleven is the world’s largest operator‚ franchisor‚ and licensor of convenience stores with more than 50‚000 outlets. 1.1 Objective and Scope The purpose of this report is to analyze and evaluate 7 Eleven’s marketing strategies and practices to demonstrate that 7 Eleven is “marketing-oriented”. The scope of the report includes PESTEL analysis and Porter’s 5 Forces analysis to confirm its threats
Premium Marketing
Tyrells Pizza Delivering Store It has been two years and the business has been running smoothly and is successful. In order to buy two more vehicles you would need to search and find ways of financing. A way to purchase the two cars is to going into a Smart showroom and asking about their finance deals. There are different options when it comes down to financing a vehicle. One type of financing is Hire Purchase. This is where you pay a deposit for the vehicles and then pay a monthly fee with
Premium Automobile Finance Investment