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
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? One risk would be more transport visits that will increase transport costs and decrease efficiency. And there is opportunity cost risk‚ where supply and demand will not match (for example: a group visit) which results in not being able to afford wide demand fluctuation. 3) What has Seven-Eleven done
Premium Convenience store Supply chain management Inventory
AYLOTT‚ R. and MITCHELL‚ V. 1998. An exploratory study of grocery shopping stressors. International Journal of Retail & Distribution Management. 26(9)‚ pp. 362-373. DE KERVENOAEL‚ R.‚ SOOPRAMANIEN‚ D.‚ ELMS‚ J. and HALLSWORTH‚ A. 2006. Exploring value through integrated service solutions: The case of e-grocery shopping. 16(2)‚ pp. 185-202. GROUCUTT‚ J. and GRISERI‚ P. 2004. Mastering e-Business. Basingstoke: Palgrave Macmillan Ltd. GEUENS‚ M.‚ BRENGMAN‚ M. and S’JEGERS‚ R. 2003. Food retailing‚ now and
Free Online shopping Electronic commerce Supermarket
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
REINVENTING YOU BUSINESS MODEL Part A. Basic Concepts and Ideas 1. Article covers the idea about reinventing the business model. Great business models can reshape industries and drive spectacular growth. Yet many companies find business-model innovation difficult. Managers don’t understand their existing model well enough to know when it needs changing or how to change. Article also covers the idea about building sustaining and successful company. 2. Business Model
Premium Automotive industry Automobile Business model
Retail Business Analysis BUS620 07/16/12 Retail Business Analysis Payless Shoesource‚ Inc is one of the largest foot wear retailers in the United States. I got all my shoes‚ before I was fifteen and bought my own shoes‚ from Payless Shoesource‚ Inc. This is one reason I thought of Payless to do this retail business analysis on. Payless has a large selection of shoes including children‚ women‚ and men shoes at reasonable prices. Payless Shoesource has a definite generic‚ and segmentation
Premium Marketing
Doing Business in Japan 1. Concept of “nemawashi”. In order to do successful business in Japan‚ it is very important to understand the heart of the Japanese decision-making process‚ known as “nemawashi”. Nemawashi was originally a gardening term‚ which roughly translates as “to dig around the root of a tree a year or two before transplanting it”. In the terms of business‚ “nemawashi” is the organized and efficient consensus building procedure by which the approval of a proposed idea or project
Premium Decision making Economy of Japan
Understand the Business of Retail Outcome 1 A. List the different retail channels and state the main features of each one. Retail Channel | Benefits/Features | Shops | * Lots of choice * Discounts * Sales | Internet | * Free delivery * Quicker * Buy from home * 24 hour delivery * Sales * Register for offers | Warehouse | * Professional products * VAT free days | Catalogues | * Pay weekly or monthly * Order from your home | Salon | * Professional
Premium Retailing Sales Shopping mall
Acar Niar April 15‚ 2000 Business Case: Nissan Reinventing Nissan 1) What benefits will Nissan gain if its procurement of parts is combined with Renault’s parts procurement on a global basis? Are there any costs to this change? What problems does Nissan create if it abandons the keiretsu system for purchasing parts? In what ways might the Internet facilitate this change? Ghosn’s plan to combine‚ centralize‚ and globalize Nissan and Renault’s parts procurement would cut
Premium Carlos Ghosn Sociology Heteronormativity
while I was deployed for a year in Iraq during the invasion 2003. Reinventing/changing the concepts of the governments is not an easy task‚ the cultures are the main part of countries and it cannot be overlooked when trying to change the mindset of governmental organizations. The concept of reinventing government however has been in practice in the private sector since the mid 1980 ’s where it is more commonly referred to as business process reengineering or simply reengineering (Schneider‚ 2009).
Free Government Sovereign state Political philosophy