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? 2. Seven-Eleven’s supply chain strategy in Japan can be described as attempting to micro-match supply and demand using rapid replenishment. What are some risks associated with this choice? 3. What has Seven-Eleven done in its choice of facility
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A. Supply Chain Strategy To fully appreciate the recommendation for a supply chain strategy‚ it is necessary to know something about them. There are numerous strategies one can use for supply chain: Keiretsu‚ vertical integration‚ and virtual companies. These Three are by no means the only strategies‚ but ones which may be considered. First‚ the Keiretsu will be discussed. Keiretsu is a Japanese term to describe many companies that link together or around a central bank to do business. This link
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Chapter 10 Supply chain Strategy Review and Discussion Questions 1. What recent changes have caused supply chain management to gain importance? 2. With so much productive capacity and room for expansion in the United States‚ why would a company based in the United States choose to purchase items from foreign firm? Discuss the pros and cons. The use of foreign firms can provide a U.S. firm more alternatives in selecting a supplier. The pros are more choices‚ potentially reduced
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This paper explores the strategy and decisions that had to be made when a man named Toshifumi Suzuki‚ decided to try to bring the Seven Eleven convenience store concept to Japan‚ having to convince possible shareholders of the franchise in Japan (in this case the father of Tochifumi Suzuki) to take part in the endeavour. 2. Background 2.1. Seven Eleven USA The Seven Eleven convenience store company was founded in 1927 in Dallas‚ USA‚ by the Southland Corporation. It had been very successful
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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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| Executive Summary Seven Eleven Japan established in 1973 and became the leader in Japan’s retail industry. In order to obtain its success‚ Seven Eleven Japan has developed several strategies in improving her supply chain management. Seven Eleven Japan continuous improves her information system in order to get the latest customer response and expand her product range to meet the market trend rapidly. It helped a lot in the supply chain operation between supplier‚ distribution
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EXECUTIVE SUMMARY Seven-Eleven had realized unique growth in the business sector as there was utilization of supply chain strategy of Seven-Eleven and certain performance drivers upon the balance nature business responsiveness and the awareness of certain risks involved. For Seven-Eleven to be successful‚ ECR approach will be realized that are effective for store assortments; chain replenishments and efficient promotion as well as product introduction. Seven-Eleven have found better ways of
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1. A convenience store chain can improve responsiveness to this uncertainty using one of the following strategies‚ especially for fresh and fast foods: Local Capacity. The convenience store chain can provide local cooking capacity at the stores and assemble foods almost on demand. Inventory would be stored as raw material. This is seen at the U.S. fast-food restaurant franchise Subway where dinner and lunch sandwiches are assembled on demand. The main risk with this approach is that capacity
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1. In order for a convenience store chain to be responsive‚ which mean providing customer with what they need‚ when they need it and where they need it‚ some different ways to do are: a) Have large inventory in terms of quantity‚ variety and quick replenishment in order to be able to respond quickly to customer demand Risk associated: high cost: warehouse‚ transportation high Implied Demand Uncertainty: little time to react‚ risk of inventory that cannot be sold b) Provide highly innovative
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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? De manera general se tiene varias formas en las que una tienda de conveniencia se abastezca de modo que pueda responder a la demanda de los clientes (Chopra & Meindl‚ 2010): * Contar con un inventario lo suficientemente extenso que lo permita
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