Preview

Panera Bread Quality Improvement

Powerful Essays
Open Document
Open Document
1533 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Panera Bread Quality Improvement
Operations Management

Quality Improvement

Introduction

Following your advice at class, I decided to choose a different organization that I work for. I did this primarily for two reasons: to learn about the mission statement and operations strategy of another company and to apply the quality improvement concepts to a completely new operation’s environment. I chose The Panera Bread Company (NASDAQ: PNRA). That is the place I have been studying for the last year where I could observe how they operate. During this time, I have seen several areas that could be improved. For this assignment I chose one in particular that has a strategic importance according to the company’s mission statement. As a note, I utilized the company’s
…show more content…
|
| | | |Community: engage in a working partnership with civic and charitable activities. |
| | | |Opportunities: associates will be given equal employment and advancement opportunities with the Company. |
| | | |Entrepreneurism: empower the associates with a challenging and rewarding work environment that allows them to do their best
…show more content…
|
| | | |Innovation: be receptive to new ideas for conducting their business. |
| | | |Integrity: maintain mutually beneficial long term relationships with our suppliers (Commissary System). |

As the table above shows, this company is mostly focused on the DIFFERENTIATION strategy. They have focused on the emerging “Specialty Bread / Bakery-Cafe” category and they are concerned with providing uniqueness in this market niche.

It is a combination of products and services designed to deliver against the key consumer trends of today, specifically the need for an efficient and more special dining experience than the offered by traditional fast food.

Its menu, prototype, operating systems, design and real estate strategy allow it to compete successfully in four sub-businesses: breakfast, lunch, day-time ""chill out'', and take home bread.

Process

You May Also Find These Documents Helpful

  • Good Essays

    Using high-quality raw ingredients and classic cooking methods to create great tasting, reasonably priced meals served in minutes of placing an order.…

    • 706 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Mgt 521 Strategic Plan

    • 1030 Words
    • 5 Pages

    One current problem that Kudler Fine Foods has is that the strategic plan is not current, it does not fit the company’s current make up, and the owner is too involved in each store location to concentrate on the company’s long term survival. Kudler’s owner needs to reevaluate the company’s strategic plan, from 2003, and have the managers to buy-in to the plan. The new plan not only should include the managers but also all vital employees as well. With all key employees contributing to the plan it will be easier to implement and evaluate its effectiveness (Frey, 2011).…

    • 1030 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Panera Bread Company

    • 6804 Words
    • 28 Pages

    Internally we find some key information concerning the company. At the moment the Panera bread company offers a lot of good products, has a strong position on the niche market and has a lot of loyal costumers. When looking at the TOWS matrix, three favorable strategies emerge. The first option is to focus on a loyalty program. This would increase guest and staff satisfaction and therefore increase popularity on the market. The second option is to stay ahead of competition by developing new and adapting old products. With this option the future expectations of costumers will be met. The third and last option is to expand the company by entering the Asian market. This is expected to increase brand awareness and a creation of a strong competitive position.…

    • 6804 Words
    • 28 Pages
    Powerful Essays
  • Powerful Essays

    Higher operating costs of $1,212,597 in total costs and expenses compared to $1,353,494 in total revenue.…

    • 689 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    A strategic issues is substitutes and threats of substitutes in Penear Bread Company’s distinctive competencies, their menu. Penera’s menu is being substituted by new rivals. New restaurant chains, in fast-casual and other categories are becoming more competitively fierce and are drawing customers by imitating Panera’s menus at a lower cost.…

    • 266 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Their objectives is to offer offer an ever wider variety of products to customers, the term non-food no longer does justice to all the products and services they sell. This will allow them to be as strong in everything we sell as we are in food.…

    • 585 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Kudler Organization

    • 1204 Words
    • 5 Pages

    In order to maintain and continue keep moving any company forward there are three key things, such as analyzing, planning, and making the necessary changes. The food industry is one that can be challenging and unpredictable. The operating store Kudler Fine Foods open in 1988, but since then has experienced some setbacks, which are limited expansion, high wages in specialty positions, and a surprisingly slow operation at the Del Mar location. Maximizing profitability is the goal of any organization, but there are some factors that will assist with that, such as the company’s strategic plan, marketing overview, and market survey are all vital information that must be reviewed to determine if possible adjustments will make a difference.…

    • 1204 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Panera Bread Stakeholders

    • 327 Words
    • 2 Pages

    During the 1980s, Shaich and his colleagues began developing a strategy for changing the way America eats. How did they decide on the bakery café strategy? Did Panera's leaders seem to follow the six steps of strategic planning?…

    • 327 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Among the crowded field of casual, quick-service restaurants in America, the distinctive blend of genuine artisan bread and a warm, comfortable atmosphere has given Panera Bread Company a golden opportunity to capture market share and reward shareholders through well-planned growth. With the objective of opening approximately 1,000 more bakery-cafes in the next three years, Panera Bread Company must make prudent strategy decisions about new store locations, supply-chain management and expanded offerings, all the while continuing its above-average earnings per share growth of at least 25 percent per year.…

    • 2325 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Whole Foods

    • 1021 Words
    • 5 Pages

    1. What are the chief elements of the strategy that Whole Foods Market is pursuing? (points 10)…

    • 1021 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Panera Bread Essay

    • 627 Words
    • 3 Pages

    1. Panera Bread’s strategy is to deliver a high quality dining experience by offering high quality food; an inviting and comfortable atmosphere; sought after menu options; friendly service; efficiently and at an affordable price. Their strategy includes growing the business both organically, through encouraging higher frequency of visits from current customers throughout the day, as well as growing through the opening of additional franchise bakery-cafes.…

    • 627 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Swot of Panera

    • 847 Words
    • 4 Pages

    Panera Bread is ready for the currentchange in American eating habits. The company is a leader in the quick-casual restaurant business with more than 1,027 bakery-cafes in 36 states. Its locations, which operate under the Panera and Saint Louis Bread Company banners, offer made-to-order sandwiches built using a variety of artisan breads, including Asiago cheese bread, focaccia, and its classic sourdough bread. Its menu also features soups, salads, and gourmet coffees. In addition, Panera sells its bread, bagels, and pastries to go. Almost 400 of its locations are company-operated, while the rest are run by franchisees. Panera Bread's is trying to provide premium specialty bakery and café experience to urban workers and suburban dwellers. They want to make the experience of dining at Panera so attractive that customers would be willing to pass by the outlets of other fast-casual restaurants competitors to dine at a near-by Panera Bread. They have strong competition through-out the whole fast-food/restaurant business. Two main competitors that they have are Starbucks and Einstein Bagels. They are a proven company that is always looking for ways to move forward, and advance their business. What does a SWOT analysis of Panera Bread reveal about the overall attractiveness of its situation? Does the company have any core competencies or distinctive competencies? Panera's Resource Strengths and Competitive Assets: Award winning sourdough bread High quality food Strong Financial Condition Powerful Strategy Panera's Resource Weaknesses and Competitive Liabilities: Low brand awareness in new markets Limited product line Prices Panera's Market Opportunities: Increasing health conscientious among consumers Few direct competitors Ample room to expand into new markets Expanding the product line External Threats to Panera's Future Well-Being and Profitability: Due to high profit margins,…

    • 847 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Marketing and Gardenia

    • 6002 Words
    • 25 Pages

    |Launched against entrenched competition; but with a superior product (softer-textured, tastier-flavoured and enriched bread), modern |…

    • 6002 Words
    • 25 Pages
    Powerful Essays
  • Good Essays

    Product Strategy

    • 949 Words
    • 4 Pages

    The scope of their current product is multi product, which each product will suit into their different target market. The benefit of this product is each segment of customer will get what suit them the most. For example they have Kids’ Meal for kids.…

    • 949 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    World Buffet

    • 2000 Words
    • 8 Pages

    We envision a world where diverse communities feel connected to each other. We are dedicated to the uncompromising quality of food and everything we do will nr new and delightful to our clients.…

    • 2000 Words
    • 8 Pages
    Powerful Essays