The core technology of Panera Bread would be their process of baking the goods. Panera Bread is primarily known as a fast-casual bakery-café. Therefore‚ the baking process is directly related to the company’s mission of “putting a loaf of bread in every arm” (Panera Cares) The fresh-baked goods are made fresh‚ from scratch‚ and in the store‚ every day by trained bakers. The core technology of Panera Bread would be considered a service for several different reasons. The first reason would be that
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Overview Panera bread is a full service restaurant company founded by Louis Kane and Ron Shaich. In 1981 the duo started a company called Au Bon Pain Co‚ Inc which marked the beginning of their legacy. The company gained prominence in the late 1980’s and early 1990’s and then went on to acquire Saint Louis Bread Company‚ a restaurant chain with almost twenty locations in the St. Louis area (Panera Bread‚ 2014). Their acquisition of the Saint Louis Bread Company in 1993 made them a force to be reckoned
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Panera Bread XXXXXXXX Stevens-Henager College Management Principles XXXXX Do you want a café in your community that genuinely cares about the people that surrounds their business? If so you would really enjoy Panera Bread in your neighborhood. Panera Bread has established a mission‚ vision and goals for their well-founded business. Panera is part of a movement that strives toward healthier living and eating. Panera has a commitment to their communities that they take very seriously;
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Assignment #3 Panera Bread – Company’s Assessment November 9‚ 2014 INDUSTRY - RESTAURANT INDUSTRY (QUICK SERVICE RESTAURANTS) Muhammad S. Khan (500335915) Yafit Shimoni (500163226) Andrea Stefekova (500170337) Susan Tokhi (500456375) Sushant Rampal (500530630) Ileana Murray (969002450) Introduction The restaurant industry in the U.S. is robust with sales revenue expected to reach $632 billion in 2012‚ with 970‚000 dining establishments. Participants differentiate themselves in the areas of pricing
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Panera currently serves “fresh baked goods‚ including a variety of freshly baked bagels‚ breads‚ muffins‚ scones‚ rolls‚ and sweet goods‚ made-to-order sandwiches on freshly baked breads‚ hearty‚ unique soups and side items‚ freshly prepared and hand-tossed salads‚ and custom roasted coffees and cafe beverages‚ such as hot or cold espresso and cappuccino drinks and smoothies” (Panera Bread Company‚ 2011). This is essentially Panera’s competitive
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Shaich‚ CEO and Chairman of Panera Bread Company‚ combined the ingredients and cultivated the leavennign agent that catalyzed the companys phenomenal growth. ** Under Saich’s guidance‚ Paneras total systemwde revenues rose from 350.8 Million in 2000 to 1353.5 million in 2009‚ consisting of 1‚153.3 million from company-owned bakery-café sales‚ 78.4 million from franchise roylalties and fees‚ and 121.9 million from fresh dough sales to ffranchisees. Panera’s shares have outperformed every major
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Panera History Panera Bread Company was founded by Ken Rosenthal‚ Ron Shaich and Louis Kane in 1987. Their headquarters is in Sunset Hills‚ Missouri. Panera Bread transitioned into a national restaurant in May 1999. Today they have 2000 stores in more than 40 states and including Canada. In 2014 Panera Bread introduces superior experience for their dine-in and to go clients. The Introduction of new technologies like computerized ordering and payment was called Panera - 2.0. In 2008 Panera
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Synoposis Panera Bread Company is a highly successful fast casual restaurant that has grown drastically even despite the market down trend. One of its best assets is CEO and Chairman‚ Ronald Shaich‚ whose radical and innovative ideas have taught the business world many lessons. When the competition was lowering prices to meet the trend of higher unemployment rates and focusing on making their product cheaper‚ Shaich proposed Panera Bread should raise their prices and cater to the 90% of the
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Panera Bread Panera Bread began back in 1981. It started out as a small sandwich shop known as Saint Louis Bread. Panera Bread market expansion has growth almost double within only four years range from 1027 in 2006 to almost 2000 location in 2010. Case examined company SWOT analysis‚ keys successful factors and the generic competitive strategy. Company’s vision was to create a specialty café anchored by an authentic‚ fresh-dough artisan bakery and up scales quick-service menu selection. Panera
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Panera Bread Company Mgt# 495 - CMU Contents Introduction All companies must have a strategic plan. How well the strategy succeeds is based on the competitive strategy plan. A competitive strategy is defined as the “specifics of management’s game plan for competing successfully and securing a competitive advantage over rivals in the marketplace.” (Peteraf-Gamble-Thompson‚ 2013). In addition‚ a competitive strategy helps the company provide its position and advantage in
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