IPO Project –Chipotle Mexican Grill, About company Chipotle Mexican Grill, Inc. and its subsidiaries has operated 1,084 restaurants in the United States, two in Toronto, Canada and one in London, England till December 31, 2010.Over the past five years, company has experienced grown up greatly and substantially, and expect to their big rally of 2011, new openings between 135 and 145 restaurants are expected to operate in 2011. Chipotle is working to change the way people think about and eat fast food by looking to fine-dining restaurants for inspiration. Chipotle use high quality ingredients, classic cooking methods to make good tasting food, have top performing people to take care of each customer, and make restaurants operationally
The business problems to be solved will include a restaurants need to improve operation efficiencies, reduce cost, decrease customer wait and sit times, increase customer satisfaction, and have real-time performance monitoring. Although Jade Asian Restaurant has received press accolades, their business has issues need to be addressed immediately. Jade Asian Restaurant had been a popular Chinese cuisine destination for the first couple years after its opening. In the past few years, the popularity has decreased due to its inefficiency in service and food
The business current situation and problem continue to get worst. Facing no competitive competition the KFF could be the overall leader in selling gourmet foods. Establishing that kind of success will give the business the abilities of developing their own trademark. Having their own trademark could have geographic and expansion success. Kudler had great vision early on in her business, but her management skills fail to live up to earlier success.
At $3.58 billion, 2010 chain-wide sales were up 11.37 percent over 2009 (CFA, 2011a). This continued the trend of sales increases with increases reached in each of the last forty-three years (CFA, 2011a). This continued growth reflects the company’s conservative approach to additional restaurant development and commitment to a limited entrée strategy (CFA, 2011b). Chick-fil-A consistently achieves high customer satisfaction ratings. In a survey of over 93,000 diners, the chain received the highest rating in the quick service restaurant component of the 2010 J.D.
A case study of Chipotle Mexican Grill Problem Identification Chipotle Mexican Grill (CMG) is an American restaurant chain founded in 1993, currently has more than 1000 locations throughout the United States, United Kingdom and Canada. The company is a New York Stock Exchange listing Corporation announced US$214 million in net income in 2011. Despite its success, Chipotle does have key problems that they have to face and deal with. If they would like to continue to use quality and sustainably sourced inputs as differentiators to justify a higher priced menu and keep their frequent customers, fighting competition could be the main challenge. The article told us that the competition is mainly from Taco Bell and Qdoba, especially a new menu called “ Cantina Bell” generated by Taco Bell, which offers very similar food like Chipotle, and the price is much lower.
Strategic planning is crucial at this stage and there are tools available to help any business perform the analysis needed to succeed. Kudler Fine Foods is an upscale food store specializing in foods and services that appeal to a niche market; gourmet chefs and gourmet chefs in training. The firm had good initial success with its first two stores, but its third store is suffering with lower than expected sales. The firm wishes to continue expansion and increase profitable growth. Before moving forward the company’s owner, Kathy Kudler, needs to understand her company fully and have accurate knowledge about the firm’s internal and external environment.
Kudler Fine Foods Problem Statement University of Phoenix MGT/251 Dr. Patrick E. Murray Kudler Fine Foods has the unique opportunity to dominate the organic fine foods market in California. While business is currently good at Kudler there are many weaknesses the company needs to address in order to remain profitable on a grand scale. Currently the weaknesses Kudler is experiencing are problems with perishable goods, high payroll; management has too many responsibilities, sales at Del Mar location, and geographic expansion limitations. There is no way to completely resolve the issues with perishable foods. Being a fine foods store that specializes in foods that do not use any type of preservatives there will always be a problem with waste.
There are times that she has to be the manager and the cook at the same time. Beth says her most favorite thing not having the same stuff to do every day. She says it gets boring when you have the same thing to do day after day. She told me about the skills needed to run a restaurant like multitasking and having a good attitude. The education requirements to run a restaurant are just work your way to the top.
Brands, Inc., they serve a variety of Tex-Mex foods including tacos,burritos, quesadillas, nachos, other specialty items, and a variety of "Value menu" items. Taco Bell serves more than 2 billion customers each year in more than 5,800 restaurants in the U.S., more than 80 percent of which are owned and operated by independent
Hire or Retain: Buffalo Wild Wings must minimize turnover of cook that it will employed so that the need for hiring becomes minimum. Employees of the restaurant know the policy of the restaurant and have job knowledge so retaining employees is important factor. Moreover retaining employee will enable the company to provide quality services to its customers. National or Global: Buffalo Wild Wings must not follow outsourcing strategy. Outsourcing the cooking activity can hamper the quality of foods as the management department of the restaurant will not have any control over the quality of foods.