Gurdeep Singh Marketing 7-Eleven Nov-25-13 7-Eleven‚ Inc.‚ is the world’s largest operator‚ franchisor and licensor of convenience stores Founder : Joe C. Thompson Current CEO: Joseph De Pinto more than 43‚500 stores more than 45‚000 employees Revenue: 17‚000 billion US dollar Net income: 2‚000 billion US dollar Mission At 7-Eleven‚ we are on a mission to make life a little easier for our guests. Vision Our Vision Is to Be the Best Retailer of Convenience
Premium Marketing
In Taiwan‚ the 7-ELEVEN is one of the most popular convenience stores. Even though there are other convenience stores‚ these stores all try to compete with 7-ELEVEN which remains the top one in the convenient store market. The first store opened in 1978 and since then has grown more than 4‚600 stores. The area of Taiwan is small‚ 13‚900 square miles‚ but Taiwan has highest density of 7-ELEVEN stores in the world‚ with stores everywhere‚ from mountains to ocean-side. There are only 23 million people
Premium Wal-Mart Retailing Marketing
india is also making policies so that mobile penetration will increase in rural area and and mobile phones can be used not only as a communication device but also a utility device for various services at their door steps. At a time when telecom companies in certain countries are finding it hard to sustain and improve their top & bottom line‚ it’s a different story all together in India. With a thriving mobile phone market‚ the country has over 900 million mobile subscribers as of January 2012(report
Premium Strategic management
“Eleven” Analysis Poet Maya Angelo aptly stated‚ “I am convinced that most people do not grow up... We carry accumulation of years in our bodies‚ and on our faces‚ but generally our real selves‚ the children inside‚ are innocent and shy as magnolias.” Similarly‚ Sandra Cisneros’s “Eleven” illuminates the enigmatic journey of growing up through the sagacious eyes of an eleven year old child. As the speaker of this work asserts‚ the aging process does not eradicate a person’s previous self. Instead
Premium Adolescence Literature The Speaker
match (for example: a group visit) which results in not being able to afford wide demand fluctuation. 3) What has Seven-Eleven done in its choice of facility location‚ inventory management‚ transportation‚ and information infrastructure to develop capabilities that support its supply chain strategy in Japan? Facility location: Location selection is based on 7-Eleven Japan’s market dominance strategy‚ which is building 50-60 stores in high urban area all supported by on distribution service
Premium Convenience store Supply chain management Inventory
Uncertainty: because the product is new‚ demand is uncertain c) Provide high level of service quality Risk associated: high cost: staff‚ training high Implied Demand Uncertainty: customer expectation becomes high over time 2. For Seven-Eleven Japan‚ when trying to micro-match supply and demand using rapid replenishment‚ they can face the following risks: High cost of transportation: this choice require frequent delivery and a large number of trucks visiting a store per day‚ since each
Premium Convenience store Supply chain management
CASE STUDY: 7- Eleven: Strategies for Success NEW YORK -- Jim Keyes‚ president and CEO of 7-Eleven Inc.‚ spoke at Merrill Lynch’s Retailing Leaders: Household Products and Cosmetics Conference in New York on Wednesday‚ highlighting the company’s successful transformation of its business model. "We are transforming dramatically what was a good business into what we believe can be a great business with growth opportunities‚ now that we’ve fixed the business model to be able to continue improving our
Premium Convenience store Strategic management Barriers to entry
Case: 7-Eleven Japan Co. Table of Contents Question 1: 3 Question 2: 3 Question 3: 4 Question 4: 4 Question 5: 4 Question 6: 4 Question 7: 6 Question 1: A convenience store chain attempts to be responsive and provide customers what they need‚ when they need it‚ where they need it. What are some different ways that a convenience store supply chain can be responsive? What are some risks in each case? A convenience store can be more responsive by doing exactly what Seven-Eleven
Premium Supply chain management Convenience store Retailing
INTRODUCTION: Sony is a Japan based company that operates in over 180 countries worldwide. (Company Profile for Sony Corporation‚ 2011) Sony was co-founded by Masaru Ibuka and Aki Miruta in 1946 and since then has grown into an international multimillion dollar company (Sony Corporation‚ 2014). Ibuka and Miruta originally started out manufacturing measuring equipment (Sony Corporation‚ 2014)‚ and have expanded into more complex technological solutions‚ such as laptops‚ gaming consoles‚ and communications
Premium Sony
Cost 4.2 Financing Plan and Loan Requirement 4.3 Security for Loan 4.4 Profit and Loss Statement 4.5 Cash Flow Statement 4.6 Balance Sheet 4.7 Loan Repayment Schedule 4.8 Break-even Point (BEP) 4.9 Return on Investment (ROI) 4.10 Financial Analysis BUSINESS PLAN Guide Questions EXECUTIVE SUMMARY 1. What is the nature of the project 2. What are the entrepreneurs competencies and qualifications 3. What are the projects contributions to the local and national economy Section 1 MARKETING PLAN
Premium Entrepreneurship Strategic management Marketing