Company Overview Publix Corporation is consider to be a leading grocery store in the industry. Publix Corporation ranks on the top list of Fortune 500 best companies to work for. Our company currently operates throughout the United States, and is currently seeking to explore business opportunities internationally. Publix Corporation currently prides itself on being a family oriented, and a great place to buy fresh food, while sampling simple ready to eat meals.
The company I chose to discuss is Chick-Fil-A, Dan Cathy is the current President and CEO. Chick-Fil-A’s mission statement explains what they value and what their commitment is to the community. According to the Chick-Fil-A website “For the past 66 years, we have built a foundational commitment to service – service to our customers, service to our franchised Restaurant Operators and their Team Members, and service to our communities. This begins in the restaurant – one customer at a time.
Demographics forces as described by Hill, et. al, (2013) is the “outcomes of changes in the characteristics of a population, such as age, gender, ethnic, origin, race, sexual orientation, and social class” (Hills, et. al, 2013). Publix is always looking to cater to the needs of different ethnic backgrounds. An excellent example of this is Publix Sabor, A store with products for Latin customers.
In her essay, “In Praise of Chain Stores”, Virginia Postrel hails the progressiveness of chain stores and counters arguments made against them. As a frequent shopper in my city, I have experienced the benefits of chain stores and how they affect the locals that shop in them. I believe that chain stores have not turned Augusta into a boring city because they are familiar even to those new to the area, they have a high standard of quality and service, and provide fair fixed prices. First, Postrel quotes Thomas Friedman in her essay, stating that “…America is mind numbingly monotonous- the most boring country to tour; because ‘everywhere looks like everwhere else…’ the familiarity of a Walmart to someone new to Augusta may be a relief,
Publix is a grocery store that I am familiar with in Huntsville. Publix stands out from its competitors like Kroger, Piggy Wiggly, Wal-Mart, and Whole Food Market for many reasons. For starters, Publix has a unique rewards program. For example, the Publix baby club and Publix Paw are free to join and include monthly savings and expert tips on baby and pet items. Publix also has two for one coupon which in contrast most of their competitors do not have available.
I would put Costco, Sam’s club and Amazon in formalization stage, collectivity stage and elaboration stage respectively. Since the Costco success because of its discipline, but it has been slow to expand into new areas. Sam’s club focused on digital, more specific, in mobile app, but it hired only decision scientists for the membership team, which means it needs for delegation with control. I Would classify Sam’s strategy as focused differentiation, because Sam made a major investment in digital and it cuts private brand down to one in order to push its suppliers to innovate which is different with others. Although the strategy has indeed increased the sales of Sam’s club and make it convenient, but it is not enough to beat amazon and Costco,
The basis for maintaining the high quality standards of raw materials is a close collaboration with suppliers. The model uses raw material suppliers and offshore manufacturing a mixture of overseas and other in the market domestic. This includes, inter alia, the systematic selection of suppliers in terms of advice and technical competence, compliance with deadlines, punctuality and condition of the goods at the time of supply. All this leads to the manufacturing and supply chain is designed to maximize flexibility in order to meet changing market demands. We put great emphasis on continuous improvement and we have used the concepts of lean manufacturing.
Resource Allocation/restructuring needs Dunkin' Donuts has focused on becoming a cost leader in the U.S. coffee and snack shop industry which is defined as "offering the same or better quality product or service at a price that is less than what any of the competition is able to do. " There are three main ways that Dunkin' Donuts is able to charge lower prices for their products compared to their competitors. The first is that they produce more which results in a higher asset turnover. Also by producing more, they are able to spread out their fixed costs over a larger number of units. In addition, Dunkin' Donuts offers a variety of of standardized products which limits the amount of product and service customization they have to do.
Q. 2. Recent development in Technology has enabled huge global organizations to avail information easily in their premises for smooth functioning of various departments within an organization. Much of a company's success comes down to its Supply Chain Management and logistics. The development of Information Systems in SCM helps in cost reductions, customer satisfaction and productivity.
Walmart, Amazon, and EBay 1. Analyse each of these companies using the value chain and competitive forces models. The value chain model of Amazon in itself is internally and operationally the best that adds value and maintains competitive advantage. The primary activities include Inbound logistics for example quality control, receiving, raw materials, control and supply schedules; Operations for example packaging , maintenance, quality control; Outbound Logistics for example
Supply Chain Risks A supply chain is a global network used to deliver products and services from raw materials to end customers in an engineered flow of information, physical distribution and cash (Blackstone, 2008). Supply chains are networks of suppliers, companies, resources, activities and technology included in the creation, production and sale of products. Risk is the possibility of an unforeseeable event which can harm and undermine the establishment. Supply risk is the probability of an incident associated with inbound supply from individual supplier failures or the supply market occurring, in which its outcomes result in the inability of the purchasing firm to meet customers’ demands or cause threats to customer life and safety (Zsidisin,
1.0 Introduction Operation is a part of a business organization that is responsible for producing goods or services. Goods are physical items that include raw materials, parts, final products such as smart-phones, and automobiles. Services are activities that provide some combination of time, location, and psychological factors. Examples of good and services are found all around us. We have selected the company Reebok whereby it has all the elements stated above.
This paper presents an overview of Kmart retail supply chain in New Zealand. Various IT systems and software used by Kmart are presented in this paper. The new IT systems and business applications are also proposed. In retail sector, IT is involved at every point right from supply chain management to POS terminals for transaction processing. Efficient use of technology and IT systems can bring innovation.
Executive summary This report depicts the various stages of IKEA’s supply chain flow, providing an elaboration of processes that take place at each stage. It also shows the dependency of the stages and how information flows through the supply chain. After illustrating the supply chain flow process of IKEA, the report then moves on to analyze the company’s global supply chain strategies.
Capacity planning This is the process of knowing the production capacity an organization needs to meet the changing demands for the products. It helps to determine the quantity of the product needed by a firm to meet the demands of its customers. The capacity planning elements for Walmart are; facility, product and service, and human resource.
