Preview

Kudler Fine Foods Accounting System

Good Essays
Open Document
Open Document
865 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Kudler Fine Foods Accounting System
Kudler Accounting System
Ashley Rivera
BSA/310
June 11, 2012

Kudler Accounting System In 1998, Kudler Fine Foods specialty food store opened its doors and has continued to grow ever since. Within five years, Kudler opened two more stores and business could not be better. To compete with the competition, Kudler Fine Foods realized the benefit of implementing a frequent shopper reward program. The frequent shopper rewards program will keep its members updated on store promotions, sales, and events. Members of this program will also receive special offers and discounts to use at their store. The frequent shopper program focuses on rewarding returning customers by their spending habits and frequency of their purchases. Kudler partnered with a points program to provide their loyal customers with points that can be later redeemed for higher quality items that Kudler has to offer. With this program there are a number of possible issues that must be taken into consideration; legality, security, and ethical concerns. The first step Kudler must do is establish a rewards program for customers to evaluate the purchasing habits of customers. This is a basic form of market research, but it will be used to increase sales in certain demographic area. To gather such data, customer data must be performed legally with a strong consideration for customer privacy. Customers may choose to disclose or withhold personal information with Kudler Fine Foods. Customers who choose to disclose personal information will assist the company in increasing sales figures, whereas customers that withhold personal information will hinder the data the store needs to use for the reward program and will be unable to participate in the rewards program. Customers willing to share personal data will be protected in terms of privacy. The use of customer information for any other use not specified initially by the company may result in some form of legal action in relation to individual privacy and



References: Apollo Group, I. (2011). Kudler fine foods: Shopping the world for the finest foods. Retrieved from https://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/Kudler2/internet/index.asp Read the instructions in the University of Phoenix Material: Accounting System Paper located on the student website and complete the assignment for: Option 1: Kudler Accounting System Paper Write a 3- to 5-page paper describing the value of a new accounting system to Kudler Fine Foods. Your paper must cover the following aspects of the proposed system: Key features Core technology Benefits Costs Keep your paper at a high level, but provide enough details so the executives at Kudler Fine Foods can decide whether to pursue the project based on your paper.

You May Also Find These Documents Helpful

  • Better Essays

    Kudler Fine Foods is an upscale specialty food store that has three locations located in the San Diego area. Kudler has a new initiative they would like to pursue. They want to create a customer rewards program that will track their loyal customers buying behaviors. For customers that participate in this program, they will collect loyalty points that they can redeem for high-end merchandise, specialty food or airline upgrades. "The customer purchase behavior patterns will help Kudler refine its processes and offerings to best satisfy their valued customers" (University of Phoenix, 2013, para. Sales and Marketing Overview Virtual Organization Portal - Kudler Fine Foods).…

    • 2101 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Kudler Fine Foods

    • 1040 Words
    • 5 Pages

    Kudler Fine Foods has been offering customers high quality gourmet foods for a number of years and has chosen to use a marketing strategy called the Frequent Shopper Program to offer valuable customers rewards through a points system to increase sales revenues and bring in more customers. Just like several other companies, Kudler Fine Foods has decided to use this program to offer loyal customers benefits and VIP services. Kudler Fine Foods has partnered with companies that can offer higher end items for redeemable gifts such as airline tickets with first class upgrades and specialty foods. The objective to having a frequent shopper program is to track purchases on an individual customer level and provide high value incentives in order to raise revenues in the company’s products and services departments. Considerations for the implementation of this program include legal, ethical, and information security. This document will serve to discuss all three as well as discuss the cost related concerns in applying this program.…

    • 1040 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The Kudler Fine Foods Shoppers program will offer 3 different strategic programs to increase loyalty and gain profit from consumers. All three programs will take research and steps that starts off with the inventory manager (Kathy). Kathy along with three department managers make sure that research is done and information about profits, dollars sales and profits will be generated. This is done by checking the cashier’s slips daily and making sure the inventory about will also be checked daily. Inventory will be about products and what products should be used mostly for sales and what will be good for sales. Although the management team research for sales and profits for customers, they will also have to generate an intimate relationship with their customers. They will do this by tracking customer’s purchases and behavior of customers that they will learn from over time. Another service that this program will have is to “show customers how to prepare specialty foods”, Kudler Fine Foods (2007). Costumers will want to bring others along to this and this will bring more customers into the store. Because of this action consumers will be trained by expert chefs, local celebrities, and other food experts. By training these consumers, customers will want to come to join the party and join in with the expert chefs, and celebrities. The outcome of this event will help to invite a customer with more friends and family to come just so they can participate in this food show. Because of the time consumed the in store show, customers will spend more time in the store and this will increase overall revenue per visit, and will also increase the consistency of visits to the store. This will also help the store because this will help because other customers will hear by word of mouth about the show that Kudler Fine Foods put…

    • 860 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Service Request Sr-Kf-013

    • 744 Words
    • 3 Pages

    In this paper I will discuss how Kudler Fine Foods is in the process of developing a new frequent shopper program and describe the potential legal, ethical, and information security concerns related to the development of the Kudler Fine Foods Frequent Shopper Program. I would like to go into a little detail of the company, Kathy Kudler is the founder and owner of the company and their first location is located in La Jolla, San Diego CA. Kathy basically wanted a place from which people and chefs can purchase high end food and cooking tools for cooking. Kudler Fine Food has three store fronts and now expanding online as well. With this in mind can create many problems down the line for Kathy and from which I will explain.…

    • 744 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Kudler Fine Foods has proposed creating an electronic sales database of all their products that can be linked to a website. In return this will allow customers to purchase any of his or her items online and have them shipped to his or her homes. With the creation of this electronic commerce, loyalty points can be added to online purchases as well as physical purchases. The loyalty points can also be redeemed for gift items and specialty foods on the website. Before a customer can purchase products online they must register their name, e-mail address, mailing address and credit card information. After providing the proper information they will be prompted to create a user name and password for future use. When an account is set up for a customer, bonus loyalty points could be given…

    • 944 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Kudler Foods

    • 1505 Words
    • 6 Pages

    Kudler Fine Foods is determined to implement a frequent shopper program throughout its three stores in La Jolla, Del Mar and Encinitas. The enhancement will involve a system upgrade to track information on purchases and gather points that can be redeemed for discounts on select items and news on new products. The marketing department will be able to use the information to provide items that are preferred by customers and also create alliances with vendors to provide better products, services and rewards for Kudler Fine Food customers. The project is intended to increase profits and customer loyalty. The project scope will include but not be limited to:…

    • 1505 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    The electronic commerce aspects of the Frequent Shopper Program are part of the strategic objectives of the Sales and Marketing Department to “increase loyalty and profitability of consumers.” Under this program, customer shopping trends will be identified and rewarded. This in turn will assist Kudler to provide the inventory of specialty foods that their customers are seeking and have come to identify with the Kudler name.…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Kudler Fine Foods is committed to designing and implementing an organizational reward system that will promote and incentivize the goals of the organization. Human Resources will examine the challenges in planning and administering a pay system which includes understanding economic and legal factors that determine pay levels, align compensation strategy to general business strategy, develop systematic pay structures, and address key policy issues (Casio, 2006). Kudler Fine Foods organization rewards system consists of three components including direct compensation, benefits, and employee assistance programs.…

    • 667 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Kudler Fine Foods are highly selective in acquiring their employees. This is why it is essential for Kudler Fine Foods to have a strong system in place. Such as performance management systems, job evaluation methods, compensation plans, and employee benefit plans are essential ways to motivate employees, maximize performance, and achieving goals. This will help Kudler Fine Foods in retaining and attracting high-quality employees and at the same time, Kudler Fine Foods will be able to accomplish their mission.…

    • 1404 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    The customers purchase behavior will allow us to tweek the process as we go through this program as well as making the best offerings to best satisfy our valued loyal customers for their frequent purchasing at Kudler. These points our customers will earn them high end gifts, specialty foods and airline first-class upgrades and many other exceptional products. Our sales department will receive in-depth training on how to analyze the data received from the purchases that we are tracking from our customers. This is a critical part of the insight to please our most loyal customers. We will use this data to offer products on our shelves that our customers come to purchase and expect at Kudler Fine Foods. This will allow us to look at the most frequent purchases of our customers and compare with their corresponding profit margin to fit them into our product mix. The…

    • 602 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Kudler Fine Foods’ is creating a frequent shopper program for their company. Their main objective is to create a program in which they can track their customer’s purchases…

    • 1122 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    This paper is designed to show and describe the importance of a new accounting system that is desperately needed by Kudler Fine Foods. The company is continuing to grow in revenue, but the accounting system is not able to keep up with the growth of the company. Due to the growth of the company Kudler management should consider integrating a more effective accounting system which would stay in pace with the growing business. It is imperative that the accounting system be connected into every entity of the business integrating it with all the informations systems that the company is currently…

    • 666 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    This paper will address the following regarding Kudler Fine Foods: identify Kudler’s key business and accounting information needs, analyze the strengths and weaknesses of Kudler’s current computer system and technology use, including hardware and software. It will explain what opportunities Kudler has in terms of technology and provide suggestions for improving Kudler’s ability to maximize these opportunities. It will discuss evaluating the threats that Kudler may encounter given their current systems and offer your suggestions, in terms of using technology.…

    • 1359 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Assessing the feasibility of Expanding Services (Revenue Increase), Frequent Shopper Program (Revenue Increase), and Increasing Efficiency enhancements are important for Kudler Fine Foods that will determine the success for the project. A “feasibility study focuses on helping answer the essential question of should we proceed with the proposed project idea?” (Hofstrand & Holz – Clause, 2009). Operational, technical, and economic feasibilities are what specify the project feasibility analysis.…

    • 411 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Playing of Dota

    • 288 Words
    • 2 Pages

    Because Kudler has experienced significant growth, is focusing on expanding services, and striving to improve the efficiency of its operations, a thorough review of its current accounting information systems and prioritization of four key areas is recommended in this order: inventory management, payroll, accounts receivable, and accounts payable. Purchase of industry specific software will assist Kudler in reducing costs, improving efficiency, and maintaining controls as these upgrades are implemented. Toward achieving the goals of integrating and automating the various accounting related activities, we recommend that Kudler Fine Foods adapt Cougar Mountain accounting software.…

    • 288 Words
    • 2 Pages
    Satisfactory Essays