“A firm pursuing a focus strategy is willing to service isolated geographic areas; to satisfy the needs of customers with special financing, inventory, or servicing problems; or to tailor the product to the somewhat unique demands of the small- to medium-sized customer” (Pearce and Robinson, 2009, p.205). Mrs. Kudler has plans to add to the inventory and ordering automation by introducing new e-commerce capabilities and an online catering link (Kudler Fine Foods Portal, Strategic Plan, pgs 15-16). Kudler Finer Foods needs to implement new cost structure within 60
Pizza USA: Translating Customer Requirements Into Process Design Requirements Emporee Jon Webster University Operations and Projects, BUSN 6110, Spring-1 2013 Instructor: Ashley L. Hall March 08, 2013 Abstract This case, Pizza USA, is about bridging the gap between the customers’ perception and management’s perspective in order to implement a successful pizza delivery service. A central theme of contemporary operations management is to identify and focus on what the customer wants (Jacobs & Chase, 2011, pp. 235-237). Pizza restaurants, and the fast food industry in general, are facing the same nature of challenges in a highly competitive and low growth economic environment. A viable delivery service offers the opportunity to do something really unique and create a differential advantage.
Fewer companies are willing to enter the market because of the SOX requirements that make going public too costly. Plus, the maintenance required to stay public is too expensive for smaller companies, forcing companies to look elsewhere to raise capital. Rising costs persuade large numbers of companies to exit the public markets to sidestep SEC regulation, creates two problems. First, the overall economy could suffer because corporations limit investment projects due to the higher-cost sources of capital to fund potentially new operations. Second, financially stressed companies that go dark are the very companies’ shareholders need to monitor usually and where transparency is most important.
Subway vs. Jimmy John’s History Mason Cothran borrowed one thousand dollars from family friend, Peyton Vandiver, to start his first sandwich shop on August 28, 1965. Subway restaurants have been consistently ranked in Entrepreneur magazine’s top five hundred franchises, and Subway was selected as the number two overall franchises in 2008. Additionally, it was ranked as the number three “Fastest Growing Franchise” and number one “Global Franchise” as well. In March 2011, Subway was ranked the most popular Fast-Food restaurant in the United States in a poll of over 43 thousand social media users. At the end of 2010, Subway restaurants surpassed McDonald’s restaurant with 33,749 restaurants across the globe.
Economic costs of inflation- Inflations economic costs would include damage to competitiveness as high inflation could cause spiralling price multiplier effect; as prices go up workers would demand higher wages so increasing business costs and another round of price rises to maintain business profits- making exports for expensive, thus reducing the demand for them causing a decrease and AD domestically. Additionally this may lead to unemployment as more costs to the firm i.e. menu costs. Change in inflation could also cause uncertainty to consumers/businesses to spend and invest as they don’t know what the future holds, this can decrease confidence in the market and potentially, in the longer term, cause and reduction in AD. Economic costs of deflation- deflation has proved to have several economic costs, the main cost is that it encourages differed expenditure where people’s expectations change and they delay spending in the hope of getting a better deal.
A test of the statistical significance of the independent variable and the regression equation will also be done to indicate whether to open the pizza shop or not. Also, a forecast for the demand of the pizza will be done for the next four periods using the regression equation (McGuigan, Moyer, & Harris, 2011). Finally, based on the forecasted demand, a decision will be provided with rationale and support whether to open a pizza business locally or not. Part 1 Estimated Regression | The Pizza Company | Market | Demand (Q) | Price (P) | Competitor Price (Px) | Advertising (Ad) | Income (I) | 1 | 596,611 |
The company makes an effort to limit markups to 14% or less for brand-name products. These narrow-thin margins would be nearly impossible for the company to maintain a profit, which is why membership fees are so critical. Without them, the company would be operating at a loss. The second element is the product selection; Costco has made a strong effort to limit products to those of a high standard of quality and only products that will move quickly. Additionally, Costco limits the product selection to a very limited active selection (staples) of roughly 3,600 items.
Whole Foods Analysis Darrin Clanton November 8, 2009 Point Paper – Assessment 2 According to the USDA, 2000 was the first year in which more organic food was sold in conventional U.S. supermarkets than in the nation’s 14,500 natural food stores. Since 2002, most mainstream supermarkets had been expanding their selections of natural and organic products. In 2007, Safeway, Publix, and Kroger were stocking organic beef and chicken in a number of their stores, while Whole Foods was struggling to find organic beef and chicken suppliers big enough to supply all of its stores. Harris Teeter and Whole Foods had launched their own private-label brands of organics, and in 2006, Whole Foods Market was ranked
A large cafeteria housed on the ground floor. BSB Inc. has been operating the campus food servicer for the past 10 years. Kershaw has been in this university for 18 months. In response to the market survey Kershaw decided expand the menu at the grill to include pizza. Existing personnel was trained to make pizzas.
Assignment #1 | CITM 601 | | | | Jessica Padron | 1/21/2013 | | BSB, Inc., The Pizza Wars Come to Campus 1. Does BSB, Inc., enjoy any competitive advantages or core competencies? BSB does enjoy of certain core competencies that help the company overcome the environmental changes. Workforce: BSBs workforce is a core competency because they were flexible when Renee Kershaw made the decision to expand the menu at the grill to include pizzas. The existing workforce was trained to make pizzas and work the new equipment.