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‚ among
Premium Supply chain management Convenience store United States
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
SUPPLY CHAIN MANAGEMENT CASE STUDY: SEVEN-ELEVEN JAPAN CONVENIENCE STORE CHAIN Introduction: This case study discusses the meteorological rise of a convenience store chain‚ seven-eleven Japan in the Japanese retail store business. We will analyze the factors responsible for the phenomenal success of the company in the retail business‚ with a supply chain perspective. The main aim of this analysis is to identify the supply chain strategy of the company and underlying combination of its performance
Premium Supply chain management
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
Premium Supply chain management Convenience store
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
Premium Convenience store Seven & I Holdings Co. Inventory
1. Describe the type of supply chain used by 7-Eleven. For example are they agile‚ adaptable‚ aligned? 7-Eleven is the largest operator and franchisor of convenience stores in the world‚ with more than 46‚000 outlets and currently selling 500 million litres of petrol‚ $500 million of merchandise and serving almost 80 million customers worldwide. With figures like this‚ you have to wonder how they did it? Aside from the fact that the store operates 24 hours a day‚ 365 days a year and hence adhere
Premium Convenience store Slurpee
of the world’s largest convenience store chain Seven-Eleven in Japan‚ and the way it became Japan’s top leading super market chain. Seven–Eleven started its operation in Japan in November 1973 under an area licensing agreement between Ito-Yokado Co.‚ Ltd.‚ and The Southland Corporation. With more than 15‚500 stores worldwide‚ Seven-Eleven Japan Co.‚ Ltd (SEJ) franchises 6‚900 stores in Japan and most of the remaining stores located in North America. SEJ has maintained the top position in convenience
Premium Supply chain management Convenience store
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
Premium Supply chain management Convenience store Inventory
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 in its choice of facility location‚ inventory
Premium Supply chain management Convenience store
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