BACKGROUND/HISTORY Green Mountain Coffee Roasters (GMCR) started as a small café in Waitsfield‚ Vermont in the year of 1981. It was in 1993 that the company went public and acquired the early phase of Keurig Incorporated Inc‚ and then completed the acquisition in 2006. (Unknown.( 2004). Gmcr.Retrieved from http://www.gmcr.com/about-GMCR.html) Once these two companies combined it made the way we drink beverages different than ever before in both the home and office. According to GMCR’s website
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fourth quarter of 2010 Green Mountain Coffee Roasters had some accounting irregularities become known to the public. Green Mountain’s problems all started from how they recognized income‚ though intercompany inventory and third party vendor. After the SEC inquiry‚ Green Mountain’s accounting irregularities spanned three fiscal years and three fiscal quarters. Starting with fiscal year 2007 and running through the third fiscal quarter of 2010. In total Green Mountain had five areas of their
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Green Mountain Coffee Roasters‚ Inc. Green Mountain Coffee Roasters currently has a revenue growth rate of 35.5% over the last 5 years. This company is growing right along side the fastest growing portion of the of the coffee industry‚ the high-end specialty coffee market. Green Mountain is a product leader in this category‚ they emphasize quality and enjoyment of their product. Green Mountain ’s target market is no question wholesaler ’s. Green Mountain has over 5‚000 wholesale accounts that currently
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Green Mountain Coffee Roasters and Keurig Coffee Starbucks and Green Mountain Coffee Roasters in 2011 established a partnership with Keurig coffee brewer makers for strategic reasons such as manufacturing and marketing distribution. Green Mountain and the Keurig k-cup technology offer portion packs to make it most convenient for coffee drinkers to give them more options on the type of coffees. They made this possible by adding world famous Starbucks and later on adding Dunkin Donuts (along with
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you have done a thorough job and that you have your solutions in a clear and logical manner. * You may submit your paper using the digital drop box or by handing it in at the start of class on June 3. Case 1: Green Mountain Coffee Roasters Go to the Green Mountain Coffee website at: www.greenmountaincoffee.com/ * Near the bottom of the page – click on “BREWING A BETTER WORLD” * In the side bar to the left‚ there are 5 items as that contain material for you to read for the case:
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Running Head: FUTURE OF GREEN MOUNTAIN COFFEE Future of Green Mountain Coffee Aaron Copeland‚ Richard Thompson‚ Katie Ensign‚ Sara Bullock Central Washington University Future of Brewing When a small sign was hung on a little cafe in Waitsfield‚ Vermont in 1981‚ nobody would have imagined that Green Mountain Coffee Roasters [GMCR] would become one of the world’s leading specialty coffee makers. Through hard work‚ "Demand quickly grew beyond the walls of the café‚" and many other local companies
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Green Mountain Coffee Roasters is a publicly traded brand of coffee located in Waterbury Vermont. They specialize in organic‚ fair trade‚ and specialty gourmet coffees. (1) Keurig is a wholly owned subsidiary of Green Mountain Coffee Roasters‚ Inc. (2) Keurig sells many of their coffee varieties as K-Cups. Keurig‚ is a North American coffee brewing company that produces coffee brewers for both home and commercial use in a single cup. Green Mountain Coffee Roasters actually ranked # one in "The
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TABLE OF CONTENTS Executive summary Company overview Business units Specialty coffee Keurig system Canadian Business Unit Business Model Supply Chain Social Responsibility Industry Environment GMCR’s Competitive Advantage Quality‚ Convenience‚ and Choice GMCR’s Growth Prospects National Sanitation Foundation (NSF) Approval Starbucks/Tazo Tea Strategic Partnership Snapple Partnership SWOT Analysis Strengths Beverage Choice Options Sustainability Image Keurig Business
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Green Mountain Coffee Roasters‚ Inc 1. This company uses a multi channel distribution network. 2. It has followed the legal and ethical aspects of supply chain. Because of this‚ it was also ranked as number one on Business Ethics Magazine’s list of the “100 best Corporate Citizens.” 3. The society of Human Resources Management has recognized Green Mountain for its socially responsible business practices. 4. It is one of the “100 fastest growing companies in America” according to Fortune’s
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which incidentally results in a successful bottom line (Sacks‚ 2009). The operating philosophy of conscientious capitalism incorporates three assumptions: interconnectedness‚ holistic wealth‚ and traversing time through multiple generations. Green Mountain Coffee Roasters (GMCR) has integrated this ethical continuum into their operational strategy‚ which has led to their current success. Interconnectedness GMCR embodies interconnectedness through their annual summit meetings that employ an Appreciative
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