Team 1 Tanpin Kanri: Retail Practice at Seven-Eleven Japan Case Study Frizzi Engler-Hamm Luis Paul Hernandez Antony Pinedo Esteban Ramon Marcelo Talavera MAN 6830: Organization Information Systems Dr. Pouyan Esmaeil Zadeh 1. Briefly describe Tanpin Kanri. Tanpin Kanri is a demand-chain management system that uses POS to identify which items are selling and which articles are shelf-warmers. It is used to replace the slow moving merchandise by different merchandises. Those new orders
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RETAIL MANAGEMENT Retail Mix-Reliance Fresh Submitted By: Donna Antony P13176 COMPANY PROFILE: Reliance Fresh is the convenience store format which forms part of the retail business of Reliance Industries of India which is headed by Mukesh Ambani The company already has in excess of 560 reliance fresh outlets across the country. They started their retail journey in November 2006 with its first Reliance Fresh store. Today it operates in over 93 cities across India with 700+ stores with a family
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The company I selected to analyze in terms of its management process is the Kroger Company. It is an American retail supermarket chain founded by Bernard Kroger in 1883 in Cincinnati‚ Ohio. Kroger’s headquarters are centralized in downtown Cincinnati‚ but it spans many states with store formats that include supermarkets‚ hypermarkets‚ department stores‚ convenience stores and mall jewelry stores. Kroger-branded grocery stores are located throughout the Midwestern and Southern United States It operates
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segmentation‚ targeting‚ positioning‚ differentiation and branding For many organizations today to be successful they must know what consumers needs are‚ so as to satisfy them successfully and profitably to avoid wastages of resources. For these organizations to be successful they have to undertake segmentation‚ so as to know their target market and also to know the available competitors in the market producing the same goods. As a matter of fact‚ for Colgate to be successful they must segment
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.............................................09 * STORE LOCATION………………………………14 * STORE OPERATIONS…………………………....15 * STOREFORMATS………………….................…..18 * CONCLUSION…………………….................……19 Introduction Retail consists of the sale of physical goods or merchandise from a fixed location‚ such as a department store‚ boutique or kiosk‚ or by mail‚ in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services
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Explain how and why groups of customers are targeted for selected products What is segmentation? Market segmentation is the division of a market into sub groups with similar characteristics. A business can then target these groups and develop products and services for each of them. There are several ways in which consumers can be split up into. These is geographically which includes location‚ demographically which includes gender‚ social class‚ age‚ income‚ ethnicity or religion‚ psycho graphically
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business to effectively respond to different customers needs and wants in order to increase sales‚ they make use of market segmentation. Market segmentation as defined by Kerin‚ author of Marketing‚ 10e; involves grouping potential customers who have common needs and will respond similarly to a marketing action. In further elaboration to define segmentation‚ if there is a demographic group of customers who are all on diets and are watching their weight (common needs/desires) and a business markets the segment
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The Kroger Company Abstract The Kroger Company grew in 128 years from one store to over 3‚500 stores of various banners and products. The Kroger Company is the largest food and drug retailer in the United States and is growing constantly with diversity in the retail market‚ dealing in food‚ pharmacies‚ apparel‚ jewelry and fuel. Kroger is governed by a 14 member Board of Directors including a Chief Executive Officer. Kroger is a leader in Corporate Social responsibility by maintaining environmental
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Abstract The Kroger Company will be referred to a KR. This paper will cover six topics: (1) analyze factors that affect risk management in the insurance industry; (2) analyze risks specific to the insurance industry; (3) analyze the impact of regulatory and other market factors on expected savings; (4) evaluate financial strategies that can be applied to minimize the risk of loss; (5) analyze expected savings based on proposed risk management strategy; and (6) synthesize analysis into final recommendation
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Marketing Segmentation Theory based on selling Oxygen bars 1) Demographic Consumer age‚ gender‚ income‚ occupation are considered to be the main factors for demographic segmentation. Other factors like race‚ religion‚ nationality is not emphasized here because product usage will be less affected by those factors. Currently‚ similar-functioned products available in the market have a wide consumer age base‚ ranging from 20+ to 50+. I believe that this age difference does reflect the difference in
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