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? In order to be response‚ a store has to make a selection between holding large inventory or frequent orders & frequent delivery routes. With holding large inventory‚ risks would be: risk of unsold products; inventory costs (in terms of money)
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Seven-Eleven Japan Seven-Eleven Japan aims for "Coexistence and Co-prosperity" with franchisees‚ and "Coexistence and Co-prosperity" with society. Seven-Eleven Japan will continue to develop our convenience store franchise business based on our fundamental philosophies of "Modernizing and revitalizing small and medium-sized retail stores" and "Coexistence and Co-prosperity". Our special business characteristics are the foundation of our efforts to build better relationships with our stores while
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Introduction Context 7-Eleven has been founded in the late 20s in Dallas Texas. After years of substantial growth‚ a Japanese company gained control in 1991. Over the years it has developed an extensive franchise network. This makes 7-Eleven the world’s largest franchisor‚ currently operating over 50‚000 outlets. ("7-11 around the‚" 2013) There is an important difference between the strategies of 7-Eleven Japan and 7-Eleven USA. Due to the high-population density in Japan‚ 7-Eleven Japan makes use of the
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Five Forces model. 7-Eleven‚ the largest convenience retailer store in the world has been operating in more than 15 countries and well known as franchise business that operated by independent business operators running local neighborhood stores. Despite the intense competition in the market‚ 7-Eleven has struggled to maintain their leader position in the market. In order to sustain their competitive advantage‚ 7-Eleven has used information systems to keep ahead of rising
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FOREIGN AND LOCAL LITERATURE: According to the source china.org. cn(2014) which is a business page The most succesfull convenience store franchiser‚ 7-Eleven‚ is planning to duplicate its Japanese success story in China. In which is very risky because of ups and down.Staying on a franchising system‚ the US-based 7-Eleven Inc which is 70 percent owned by Ito-Yakado Co‚ Japan’s biggest retailer‚ currently is seeking for licenses throughout china. Analysts reminded china about restrictions on
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Systems BUA5MIS Case Study No. 1 - 7 - Eleven Kimberley McGinnes‚ Shaun Brooks‚ Rohan Malhotra & Siddhartha Khoba 7 - Eleven Management Information Systems - 7 - Eleven Store Mini Case Overview of 7 - Eleven. 7 - Eleven commenced operation on 11th July 1927 in Dallas Texas and has gone on to be an industry leader for more than 40 years (http://www.rimag.com). Originally the stores operated from 7am to 11pm‚ a trading span that was unheard of at the time. However most 7 Eleven stores now operate
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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
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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
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Posing to be a successful division of the organization‚ the Big Eats Deli sandwiches at 7-Eleven‚ Inc. were pleased with the continued progress this sector offered (Bell & Hagan‚ 2012). Utilizing a strategy determined in a cross-cultural market‚ 7-Eleven CEO James Keyes found it to be intriguing and challenging to implement such a plan in the United States. However due to strong competition amongst convenience stores in the United States and different eating habits of consumers‚ this proved to
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When considering a distribution network design for 7-Eleven in the United States one must consider the measures that influence the structure of that network. These measures are: response time‚ product variety‚ product availability‚ customer experience‚ time to market‚ order visibility‚ and returnability. The latter three are of less relevance when consider the function of a convenience store chain. A chain like 7-Eleven aims to provide it’s customers with a small variety of essential items (motor
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