Department managers are responsible for maintaining inventory levels, forecasting sales, and obtaining the best prices and quality of the products. Department managers rely on historical sales data to determine what their future sales will be as well as inventory forecasting. The director of administration and human resources is responsible for ensuring that the stores employee a diverse staff, by ensuring the staff is diverse this helps ensure the products offered are catered to a diverse clientele. Kudlers Fine Foods uses an outside accounting to ensure that accounting practices fall within federal guidelines. They also have a lawyer on retainer for legal advice if
Currently, Kudler Fine Foods is growing, and they have developed a good niche in the specialized gourmet grocery industry. Another strength of the company is the vision and mission statement is being implemented successfully, and they follow the differentiated strategy closely. The company also offers a wide selection of the finest products from all over the world. A weakness for Kudler Fine Foods is that they have not been in the industry for a long period, and no continuity because of the short period of time in the industry, so this is why the company needs to continue to scan the industry for best practices. Kudler Fine Foods also have various opportunities.
Other aspects of product are economic- customer value, functional- service at the point of sales, before sales and after the sales and the psychological aspect of the product like image of the product. Kudler Fine Foods is a gourmet ingredients shop and offers in-store parties and now going in to catering business. It is managed by Kathy Kudler. So customers know that it is going to be gourmet food experience because she notices some of the people at the catering places are regular customers at her stores. KFF should research the market to find the needs of the customers.
It doesn’t appear that there is many other upscale specialty food stores in the areas, Kudler would have to look in other regions. Kudler Fine Foods will need to invest more time in researching what products or ideas will make the company successful compared to other specialty food stores outside of the country. Conclusion Kudler Fine Foods has shown it can be successful. Business has been going and appears to be doing well. Marketing is the most important key to business success.
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.
Virtual Organization Identify the key stakeholders and their roles needed to achieve the organizational goals, and recommend the collaborative interactions among the key stakeholders to facilitate the organization’s success Kudler fine Foods, this is Kudler fine foods Stakeholder Analysis We do have some stakeholders that we monitor. We view stakeholders as those entities, internal or external, who could affect our organization or be affected by our organization. The following list is not inclusive, but ones that we do keep in mind: ? ?Staff – Our team of clerks and shelf-stock individuals are critical to our operation. Although Kathy visits each store, much of her time is spent doing back-office work so the staff members are really the ones
Many people will not even consider shopping at a store if they do not have an effective website. This could be a beneficial tool for posting the weekly ad and coupons on the website so that customers can print them out and bring them into the store. Conclusion With a good branding strategy and solid advertising campaign, Kathy will draw more customers into her store and create awareness that her store is in the area and have good prices thus driving more sales. Kudler Fine Foods could increase their sales immensely if they carry out a successful advertising campaign consisting of printed ads, radio spots and a nicely designed
Kudler Fine Foods Purchasing System BSA/502 October 15, 2010 Kudler Fine Foods Purchasing System The corporate office of Kudler Fine Foods is looking to update their current purchasing system. They want to incorporate some of the latest technologies in the hardware and software arena to streamline the current process. This should also include the ability to transmit information from each location to the corporate headquarters on a regular basis electronically. Current Purchasing System The purchasing system for Kudler Fine Foods is rather primitive when compared it to what is currently available in the marketplace. At the end of each shift, the store manager faxes sales data to the Purchasing Function.
In this table are information pertaining to products. These are the records of purchasable items at the store. This is a great tool for the sales person who would have to answer the customers as they inquire able the products carried by the store. The order table help the store to track and keep records of all order placed by their customers. The next is the order line table.
The technology innovation also enables Kudler Fine Foods to advertise its product line to the public so that they can know its products and services without necessarily visiting any of its store locations. Kudler’s business innovation strategy aligns with its technology initiative, and allows it to better execute it business, manage and better control its risks as well as increase its sales and profitability. Most companies today understand that repeatable business process is one of the key