7-11 Supply Operations Management - 5141 Words

7-11 SOM Study - Final Group 1 LRSP - 433 March 3, 2010 Pledged 3/3/2010 Table of Contents Background 2-3 Problem Statement 4 Scope 5 Service Design and Characteristics 6 Service Analysis and Selection 7-8 Sales Production amp; Forecasting 9-11 Breakeven Analysis 12-13 Capacity Management (includes Decision Tree) 14-15 Inventory Management and Materials Requirements 16 Logistics and Supply Chain Management 17 Quality Management and Implementation 18-19 Prototype Design 20-21 Conclusions amp; Recommendations 22 References 23 Appendices - Tables/Figures/Graphs 24 Background Extensive research into 7 Eleven’s†¦show more content†¦USE was expanded to include field consultants and market managers and today it gives franchisees, store managers and employees a chance to see and taste new products for upcoming seasons that are intended to address the changing preferences of customers. The merchandising plan for seasonal and high-potential new products is also shared. The centerpiece of the USE is the virtual 7-Eleven store, actual size 7-Eleven floor plans are built to show how seasonal products are assimilated into the standard store mix (7-Eleven About Us, 2010). For future reference, this capability should be the tool whereby the adjustments necessary to accommodate a drive thru capability are visualized and ultimately realized. For perspective, as of January 2010, 7-Eleven, Inc. had earned the No. 3 spot on Entrepreneur magazine annual Franchise 500, which ranks top franchise opportunities in the U.S. An obviously healthy organization, this is 7-Elevens 17th year to break into the top 10 (7-Eleven Inc, 2010). Problem Statement A major element of 7-11’s success is its focus on convenience. By staying open 24 hours a day and offering quick and easy pre-made food items, customers are able to make a speedy stop at the store at any point during the day. 7-11 continues to add to its selection of food items to better compete with fast food restaurants and otherShow MoreRelatedOperation Managenent1504 Words   |  7 Pagesto Operations Management After completing this chapter, you should be able to: 1. Define the term operations management. 2. Identify the three major functional areas of organizations and describe how they interrelate. 3. Identify similarities and differences between production and service operations. 4. Describe the operations function and the nature of the operations managers job. 5. Summarize the two major aspects of process management. 6. Explain the key aspects of operations management decisionRead MoreFactors affecting women entrepreneurs success1224 Words   |  5 Pages1-1 Introduction to Operations Management Operations Management William J. 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D. Campus Address: NAC 644 Phone: Campus : Extension 1771, Cell phone #01753335095 E-mail: kkumardas@gmail.com Office hours: Mondays and Wednesdays: 4:00 to 5:00 PM or by appointment. Course Descriptions: The course covers business process concepts of Supply Chain Management including its strategicRead MoreProject Duration And Critical Path Analysis1288 Words   |  6 PagesDevelopment manager. 5 Divisional head. 6 Junior software developer 6 Assistant manager. 6 Intern objectives. 6 Interview question set 7 Senior software developer. 7 Junior software developer. 7 Manager (RD). 7 Manager (Logistics). 8 Intern. 9 Task and Duration 9 Project Duration and Critical Path Analysis 9 Project duration. Total time requiredRead MoreWal Mart s Supply Chain Management Essay1510 Words   |  7 Pages WAL-MART’S SUPPLY CHAIN MANAGEMENT TECHNIQUES Praseeda Sasanka Pisipati NUID :94862513 Table of Contents: Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 A Brief History of Supply Chain Management (SCM)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....4 How Supply chain management influenced the retail business †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 Gartner hype cycle and scope of SCM trends†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 Supply Chain Management in the Gartner hype cycle†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreThe Relationship Between Unique Resources and Competitive Advantage for Mega-Retailers1773 Words   |  7 Pagesprimary and support activities as set forth in Table 1 below. Table 1 Primary and Support Activities Type of Activity Description Primary activities Inbound logistics (receiving, storing and distributing the inputs to an organization); Operations (transforming inputs into outputs); Outbound logistics (storing and distribution and delivery of product and service combinations); Marketing and sales (means by which consumers are made aware of and can purchase products and services); andRead MoreRadio Frequency Identification ( Rfid )1582 Words   |  7 Pagesof Contents Introduction 2 What is RFID? 2 RFID in Supply chain management 2 How has RFID implementation improved Supply chain performance at Wal-Mart 3 Impact of RFID technology on SCM Effectiveness – Food Industry in Iran 3 Short comings of RFID 5 Future of RFID 5 References 6 Introduction In this paper we will discuss how Radio Frequency Identification (RFID) influences the role and importance of supply chain management in organizations. This paper will also discuss the prospectiveRead MoreRiordan Manufacturing W6 Final1558 Words   |  7 Pagesthe current process, both time management and expenses have been suffering. Many factors have been taken into consideration with the new innovative process. With the utilization of the new process it is not only going to be time saving but also will illustrate overall revenue growth. The proposal will include many implementation ideas that are going to contribute to the future success of Riordan Manufacturing: †¢ A cover letter detailing aggregate operations planning and TQM for Riordan Manufacturing Read MoreSupply Management1084 Words   |  5 PagesChapter 3 Supply Management: An Organization Spanning Activity ...../..... Questions 1. As a philosophy, SM spans functional boundaries and company borders. .....: ..... 2. Two sources of materials are internal production and external sources, where external sources are increasingly being used over internal production. .....: ..... 3. In assuming greater strategic responsibility, the activities of supply managers increasingly span organizational boundaries.