JIT and Process Standardization Paper The following report examines the JIT philosophy of Starbucks. It also discusses the process standardization and its effectiveness in its industry. Starbucks is one of the most popular coffee chains all over the world. It is an organization that prides itself on providing efficient service to its consumers and continuously looks for ways to improve. JIT Philosophy JIT can be used differently depending on the industry.
The book “Pour Your Heart Into It” was well written by the former chairman and C.E.O of Starbucks - Howard Schultz narrated his personal life along with all good and bad times of Starbucks in building a business. The story inspired readers, especially future business leaders, to believe and be passion about your dreams. From Howard’s biography to the growth of Starbucks, Howard presented the important factors to build a business and also to be a great leader. Management is one of the most value lessons that I have from the book. The strategy Howard for hiring people was looking for people who had the same vision for the growth of Starbucks and passion with coffee.
Top executives at Starbucks realize the importance of preparation and planning. The link between these two words promotes sound business decisions and goals for the company. This is defined in their mission statement “To establish Starbucks as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles as we grow (Starbucks.com, 2009) defines how the company sells the highest quality coffee beans and best tasting coffee products by following firm yet practical standards to acquire the highest quality of coffee beans throughout the world. Starbucks overall mission is “To inspire and nurture the human spirit— one person, one cup, and one neighborhood at a time” (Starbucks.com, 2009), further defining how management interprets employees as well as how their coffee affects the community through interaction, whether just for one moment or over a period of
Environmental Factors Paper MKT/421 University of Phoenix Starbucks business activities cover a numerous range of places and this allows for Starbucks to use different routes for distributing products. Many different locations cause the environmental factors to be important when making marketing decisions. The distribution channels are affected in different ways and Starbucks being flexible in their marketing plan allows for things to be adjusted meeting the needs of the environmental factors. Starbucks is known as the largest coffee company in the world. They purchase and roast high quality whole bean coffee and serve it with different beverages and even sell coffee-related accessories and equipment.
Success – * Finding innovative solutions - They sell the healthy breakfasts and also have different type of coffees and any more drinks * Meeting customer needs – they have loyalty card that customer can use it * Identifying new needs - They look for what customers want in their website. It’s what customers think about their products and improvements. * Continue to meet customer needs - They create new products, new
Starbucks aims to give good quality products to theirs customers and that with those products they could make their business known. With fair trade products and good quality beans from Ethiopia, India etc. they bring different kinds of flavors for their drinks. And for objective since they have started from a small coffee house in Seattle, Washington, USA they would open more shops in the USA and make their business
In order to ensure the respondents accurately represented the SFU student body, we attempted to choose participants who were diverse in gender, faculty, nationality and year of study. This proved to be highly beneficial to the discussion, as it stimulated the exploration of ideas and topics that we had initially overlooked. This exploratory research refined the areas of investigation most beneficial to Renaissance, particularly key factors that affect food and drink choices, as well as to gain ideas and insights into Renaissance’s current brand perception and loyalty. From here, we were able to generate hypotheses about the following categories: a) Coffee Consumption Habits - Students consume the most coffee during exam week and lecture break. b) Factors Influencing Purchase Decisions - Students feel that price is the single most important factor when deciding where to purchase food or beverages.
This is a good example of a first-mover advantage because customers will come to my store to try out a new product that is only offered at the Broadway Café. Making Business Decisions 1: The Buyer Power for the Broadway Café is very high because they offer many of the same products that their competitors, such as Starbucks, offer. Therefore, customers have many other coffee shops to choose from for their products at all different price points. The Supplier Power for the Broadway Café is low because there are many other supplies of coffee that can be chosen from. If there are any supplier issues, then the customer can quickly choose another supplier.
Yet, this kind of language – deliberately employed by the corporation to create a common culture for company employees, consumers, and other stakeholders – is central to the Starbucks global brand. Starbucks’ use of language and symbols is at the centre of its concerted efforts to create a community with and for its customers that promotes its belief system, which it claims is based on notions of common good, philanthropy, and social consciousness. By engaging with the corporation, the enterprise is assuming that one subscribes to
Formulate strategies 9. Implementation plan 10. Evaluation plan Introduction In my previous assessment I have started to look and analyze one of the most popular and know coffee shops in the world “STARBUCKS”. At this period and economical situation company is issuing a big competition in the market and there has to be changes done within all the company to make sure that company is able to hold it’s place within the market. That is why in my assessment I will try to look closely to the company, see how it operates as well as will try to implement company strategic plan while comparing it to other similar brands in the market.