Busines Plan
INTRODUCTION
The Co-operative Group developed over 165 years from the merger of co-operative wholesale societies and many independent retail societies, changing from a wholesale operation to a major retailer. The group's roots can be traced beyond the Rochdale Society of Equitable Pioneers established 1844. The eight Rochdale Principles included distributing a share of profits according to purchases that came to be known as 'the divi'. The Co-operative Group Ltd. is a United Kingdom consumer cooperative with a diverse range of business interests. It is co-operatively run and owned by its members. It is the largest organization of this type in the world, with over 6 million members, who have a say in how the business is run and how its social goals are achieved. The group comprises a family of businesses, including: Food, Travel, Financial Services, Healthcare, and Funeral care, Legal Services, Motors and Online Electricals. The Co-operative Group acquires Somerfield, adding over 800 outlets to the Food store portfolio. Combined with Somerfield the business now operates more than 3,000 grocery stores as the fifth largest food retailer in the UK with a market share of approximately 8%. Their aims are * To be a commercially successful business * To meet the needs of our customers and the communities we serve * To respond to our members and share our profits * To be an ethical leader * To be an exemplary employer * To inspire others through co-operation
After successful merges Somerfield it more focus on improvement on it inventory management system. Because one of major complain from customer was poor availability. So they come up with new information system called supply management at.
HOW THEIR ORDERING SYSTEM WORK
Before get into new system I would like to give brief idea about how co-operation food business their ordering system works out previously. It was mainly depend on three basic figures. 1. Minimum shelf
The Co-operative Group developed over 165 years from the merger of co-operative wholesale societies and many independent retail societies, changing from a wholesale operation to a major retailer. The group's roots can be traced beyond the Rochdale Society of Equitable Pioneers established 1844. The eight Rochdale Principles included distributing a share of profits according to purchases that came to be known as 'the divi'. The Co-operative Group Ltd. is a United Kingdom consumer cooperative with a diverse range of business interests. It is co-operatively run and owned by its members. It is the largest organization of this type in the world, with over 6 million members, who have a say in how the business is run and how its social goals are achieved. The group comprises a family of businesses, including: Food, Travel, Financial Services, Healthcare, and Funeral care, Legal Services, Motors and Online Electricals. The Co-operative Group acquires Somerfield, adding over 800 outlets to the Food store portfolio. Combined with Somerfield the business now operates more than 3,000 grocery stores as the fifth largest food retailer in the UK with a market share of approximately 8%. Their aims are * To be a commercially successful business * To meet the needs of our customers and the communities we serve * To respond to our members and share our profits * To be an ethical leader * To be an exemplary employer * To inspire others through co-operation
After successful merges Somerfield it more focus on improvement on it inventory management system. Because one of major complain from customer was poor availability. So they come up with new information system called supply management at.
HOW THEIR ORDERING SYSTEM WORK
Before get into new system I would like to give brief idea about how co-operation food business their ordering system works out previously. It was mainly depend on three basic figures. 1. Minimum shelf