Tractor Supply Company Tractor Supply Company (TSC) has moved from a mail order catalog into a retail store supplying the needs of hobby farmers and tradespersons. This company has found and filled a niche market with its goods and services. This market capture has allowed TSC to overcome its financial difficulties and operate as a profitable company. History Charles Schmidt established Tractor Supply Company in 1938 as a mail order company selling tractor parts and supplies to the American farmers
Premium Financial ratios Balance sheet Inventory
CASE 1 – Tractor Supply Company Synopsis: Tractor Supply Company (TSC) is a relative large‚ but unknown retailer that targets people seeking a rural lifestyle that operate farms or ranches as hobby. Discussion Questions 1. What is Tractor Supply Company’s growth strategy? What retail mix does TSC provide? TSC targets the hobby farmer/rancher‚ who are fully employed in jobs but want to enjoy a rural lifestyle and operate a farm or ranch in exurbs of a city. The retail mix of TSC is: • Location
Premium Farm Sales Customer service
TRACTOR A tractor is an engineering vehicle specifically designed to deliver a high tractive effort (or torque) at slow speeds‚ for the purposes of hauling a trailer or machinery used in agriculture or construction. Most commonly‚ the term is used to describe a farm vehicle that provides the power and traction to mechanize agricultural tasks‚ especially (and originally) tillage‚ but nowadays a great variety of tasks. Agricultural implements may be towed behind or mounted on the tractor‚ and the
Premium Agriculture Tractor
Overview The tractor industry reported a strong 28.3% growth in sales volumes during 2009-10‚ thereby ending the phase of cyclical correction that had pulled down tractor sales during the preceding two years (200709). Significantly‚ the revival of 2009-10 happened despite the droughtlike conditions in many States during the kharif1 season dampening sentiments. The key factor enabling the demand growth of 2009-10 was strong rural liquidity‚ which in turn was sustained by several factors‚ including:
Premium Agriculture
MKTG 455-01 Nike’s Supply Chain Software Disaster One of the worst supply chain disasters was Nike’s supply chain crisis in May 2001. According to the analysis of the Boston Consumer Group in April 26‚ 2004‚ trying to reduce inventory tied up in out-of-style products and boost sales of hot-fashion products‚ Nike installed i2’s demand-planning software into its legacy systems without testing the new system. The new software system supposed to help Nike match supply with demand and narrow
Premium Nike, Inc. Michael Jordan Application software
ACKNOWLEDGEMENT It is always said that efficient work is nothing but mutual coordination between two or more people.For me‚ it was a very difficult real time project without the help of people surrounding me.It is a great pleasure to acknowledge my deep sense of gratitude to my report guide and referredmentorMR.SUBOROTTO SINHA (Regional Manager- Marketing‚ UP & UTT)for his valuablesupport and guidance that geared the work into a proper channel that is demanded. The knowledgeoffered was from the
Premium Tractor Agriculture
------------------------------------------------- VANRAJ MINI-TRACTORS ------------------------------------------------- The case depicts the dilemma of a decision-maker Mr Trivedi who has to select an appropriate segment for marketing the 10 horsepower (HP) Vanraj Mini tractor in the states of Gujarat‚ Madhya Pradesh‚ Maharashtra and Uttar Pradesh. The four segments identified for Vanraj tractors: small and marginal farmers‚ large farmers‚ industries‚ and horticulture farmers. Vanraj was economical
Premium Economics Madhya Pradesh Agriculture
Solution to Supplemental Case: Ranger Supply Company This case is simply intended to force students to think about reasons for or against international business. As with most cases‚ there are no perfect solutions‚ but there are some general conclusionsthat can be drawn.a.Some of the more obvious factors to consider are:1.Competition. There are similar distributors in Canada‚ whereas Eastern Europe may not havean organized system for the distribution of office supplies. Yet‚ some European firms (likethe
Premium Eastern Europe Europe Currency
For most people‚ getting woke up at 2:30 a.m.‚ learning to drive tractor at the age of nine‚ or getting to watch a baby calf take its first breath are unusual experiences. However‚ these things are normal and even become a way of life when you live on a beef cattle farm. Plans get cancelled‚ church clothes get dirty‚ and becoming best friends with a cow sums up the life on a farm. When people say “start them young‚” they are usually referencing to sports or school‚ but for farming lifestyles this
Premium Cattle
experience. One of the hardest things I’ve ever had to do was to learn how to drive a tractor-trailer. Truck driving has been in my family for generations. Since I was a young child I always knew I wanted to be able to drive tractor-trailers. I spent a large portion of my childhood around big trucks and have always found driving such a large vehicle to be exciting. I decided that learning how to drive tractor-trailers was a valuable skill to learn and also to maybe carry on the family legacy of
Premium Driver's license Truck