Seven-Eleven Japan1 Established in 1973‚ Seven-Eleven Japan set up its first store in Koto-ku‚ Tokyo‚ in May 1974. The company was first listed on the Tokyo Stock Exchange in October 1979. In 2004 it was owned by the Ito-Yokado group‚ which also managed a chain of supermarkets in Japan and owned a majority share in Southland‚ the company managing 7-Eleven in the United States. On September 1‚ 2005‚ Seven & I Holdings Co.‚ Ltd.‚ was established as the holding company for Seven-Eleven Japan‚ Ito-Yokado
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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? As responsiveness increases‚ the convenience store chain is exposed to greater uncertainty. A convenience store chain can improve responsiveness to this uncertainty using one of the following strategies‚ especially for fresh and fast foods: Method
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INTRODUCTION The Seven-Eleven Japan Co. case discusses about the rise of Seven-Eleven in the Japanese retail store business. It analyzes the factors contributors to the phenomenal success of the company in the retail business with a supply chain perspective. The analysis focuses on the company’s supply chain strategy and performance drivers which leads to great balance between efficiency and responsiveness. QUESTIONS & ANSWERS 1) A convenience store chain can be responsive and provide customers
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Supply chain management assignment 1 Seven Eleven In this essay I will analyze and describe the Seven Eleven supply chain in relation to its strategic fit. First I will explain the Seven eleven supply chain and how achieving strategic fit. The role of a supply chain is to maximize surface. The decisions made in the phases of the supply chain have a large impact on Seven Eleven. You want to manage the flow of products and the flow of information very well‚ all this in order to minimize
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CHAPTER ONE Discussion Questions 1. Consider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the different flows involved. When a customer purchases a can of soda at a convenience store‚ his purchase represents the end of a supply chain’s delivery of an item and the beginning of information regarding his purchase flowing in the opposite direction. The supply chain stages include customers‚ retailers‚ wholesalers/distributors
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SEVEN-ELEVEN JAPAN CO. CASE ANALYSIS What is the future outlook for Seven Eleven Stores in USA? Seven-Eleven is part of an international chain of convenient stores. 7-Eleven‚ primarily operating as a franchise‚ is the world ’s largest operator‚ franchisor and licensor of convenience stores‚ with more than 46‚000 outlets. The Seven-Eleven business model consists of five key elements: * A differentiated merchandising strategy; * Utilization of 7-Eleven’s retail information system & Managed
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Tanpin Karin is a demand-oriented method of chain management successfully used by Seven-Eleven`s Japan. It`s credited to the company`s CEO‚ Toshifumi Suzuki‚ who started to develop it during the 70`s in response to a shift in the market from a seller`s orientation to a buyer`s drive. Until then‚ the inventory decision-making process was led by supply-chain management practices – items were seen as commodities and replenished according with the amounts that they had sold in the past. In contrast‚
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Supply Chain Management Case study of Seven-Eleven Japan Company A. Background Seven-Eleven‚ a famous convenience store‚ was established in 1973 and had its first store in Tokyo in May 1974. It was found by Masatoshi Ito while he thought that superstores were the wave of the future after a trip to the United States. The company was first listed on the Tokyo Stock Exchange in October 1979. During 1985-2009‚ the numbers of store and its annual sales experienced tremendous growth that the
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|Reference |9 | 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
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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 * Tener un sistema de entregas que mande lo que el cliente necesita
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