1. A convenience store chain can improve responsiveness to this uncertainty using one of the following strategies‚ especially for fresh and fast foods: Local Capacity. The convenience store chain can provide local cooking capacity at the stores and assemble foods almost on demand. Inventory would be stored as raw material. This is seen at the U.S. fast-food restaurant franchise Subway where dinner and lunch sandwiches are assembled on demand. The main risk with this approach is that capacity
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Q.NO. 3: 7-ELEVEN JAPAN USES A DECENTRALIZED DISTRIBUTION SYSTEM. IF SEJ WAS TO USE CENTRALIZED DISTRIBUTION SYSTEM HOW WOULD IT AFFECT ITS CURRENT SUPPLY CHAIN STRATEGY? EXPLAIN IN DETAIL. Seven Eleven Japan uses a decentralized distribution system. As we know that SEJ has separated its product into four categories on the basis of temperature required to store them namely: 1.) Chilled temperature item‚ 2.) Warm temperature item‚ 3.) Frozen item and‚ 4.) Room temperature item. The stores place
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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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Seven-Eleven Japan1 Established in 1973‚ Seven-Eleven Japan set up its first store in Koto-ku‚ Tokyo‚ in May 1974. The company was first listed on the Tokyo Stock Exchange in October 1979. In 2004 it was owned by the Ito-Yokado group‚ which also managed a chain of supermarkets in Japan and owned a majority share in Southland‚ the company managing 7-Eleven in the United States. On September 1‚ 2005‚ Seven & I Holdings Co.‚ Ltd.‚ was established as the holding company for Seven-Eleven Japan‚ Ito-Yokado
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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
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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? As responsiveness increases‚ the convenience store chain is exposed to greater uncertainty. A convenience store chain can improve responsiveness to this uncertainty using one of the following strategies‚ especially for fresh and fast foods: Method
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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
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IoBM Online Setup Manual This is version 1.2 of this manual. This version supersedes all previous versions Copyright © 2010 Institute of Business Management (IoBM). ALL RIGHTS RESERVED) 25/Nov/2010 Contents System Requirements Page 3 Page 3 Page 3 Page 3 Review all system requirements. Confirm that you have administrative privileges on the computer. Hardware requirement Software requirement Downloading and Installing IoBM Online Pages 4 Page 5-9 Downloading IoBM Online Setup Installing
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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
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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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