Aldi Foods Business Analysis

Established in 1913 in Germany, ALDI operates what are known in the grocery business as "limited-assortment" stores or "hard discounters." ALDI has taken this retail concept, which features low overhead and scanty selection, to its leanest, meanest extreme.

Owned equipment and supplies are often in need of repair and staff sometimes fail to keep accurate inventory and order on time of need.

With every internal control weakness a company needs to identify either a control policy or control procedure that will help prevent error or fraud from occuring in the future. Based on my suggestions as to what weaknesses existed at Goodner Brothers, Inc. I have suggested the policies or procedures that could be implemented to help prevent future issues. The internal control I would implement to hinder employee access to the accounting system would be to secure all computer programs with individual usernames and passwords to prevent access from others. The bookkeeper should be the only employee with access to the accounting system and to test this procedure the company would need to try and access the software without a username and password. To monitor the storage warehouse situation, the company should install computer scanning systems and video cameras at each location to supervize whether tires are being scanned in and out upon delivery and pick-up and to determine who and when these transactions are taking place. Semi-annual reviews should be conducted by sales managers to evaluate their sales representative. In addition, strengthening the tone at the top mentality should lie in the hands of each owner by personally reviewing all sales managers to create a top down effect.

With the upcoming holiday season I am sure orders for stationary at Rifle Paper Co. has definitely increased. My various positions have made me well-equipped to handle a fast-paced environment while still being able to exceed performance expectations. Specifically, during my time at Subway [Tampa May 2015- August 2015] I was entrusted to solely operate the restaurant during peak lunch times. During these time periods I cleaned the dining area, prep area, and constantly did dishes to keep up with the high volume. Other duties included baking bread and preparing food items all while providing excellent customer service. The responsibilities I had that would be most valuable to Rifle Paper Co. would have to be the counting of inventory quickly and efficiently. The twice daily “counts” provided valued information on the influx of product. At first I had trouble doing the counts accurately but, after some time I was able to perform the counts without any mistakes.

The stores should evaluate each tech that comes out to complete a service call. Some of the attributes that should be monitored is how timely did facility react, what was the communication like from the tech, and was the maintenance issue resolved. “Each of the contributions has referred to an organizational phenomenon of importance these may be regarded in a broad sense as strategic performance management systems, as they in one way or another help to focus organization effort on theachievement of the company's performance or strategy.” ( Chau Sum, 2008) These performance evaluations should be conducted and sent to the facility supervisor after the store has been service. This will help with the accountability peace of knowing who needs to be coached or disciplined. This will also help resolve the store issues such product being available for the customer. Kroger is a for profit company. If product is not available for the customer to purchase, then company does not make any money which in turn means nobody gets

Know who is responsible when cash is drawn out of the register at the end of shifts or at the end of the day.

I believe the followings are the factors that helped them to have such an effective line system. The store dedicated close to 32 cash registrars and 25 of them are for customers who shops fewer than five items during peak or lunch time and located close to the various food stands are displayed arranged in five rows . Seven of the cash counters are located on the

Inventory Management- The entire supermarket must be working closely on inventory management so the perfect amount of inventory is always on hand. As I mentioned before, too little of a product results in loss of sales and unhappy customers, but too much is a waste of resources.

I started my job at Napoleon Party Mart about a month ago. After being shown how to use the register and the lotto machine I was put to work as a cashier. A good majority of costumers bought the same thing: cigarettes. I fell into a quite comfortable rhythm with this. Scan the cigarettes, check ID, press Enter, Total, then Cash. At the end of the day we had to count the cigarettes then compare with the earlier shift's inventory and my register reports.

Aldi Store Format Analysis Aldi is located in the heart of Okemos where its neighboring stores are Walmart, Kroger, Meijer and Meridian Mall. One may have to have a special agenda in mind to attend the low-priced grocer due to its location. Nonetheless, the outer appearance is that of a traditional grocery store, however the difference is that in order to use a shopping cart you must pay twenty-five cents before entering. Upon entering the store, the first thing that I noticed was the lack of shelving units and everything appeared to be in its original boxing with the item facing towards the isle.

On Friday after class, I went to the ALDI store in Anderson to make a purchase and to get some observations. I ended up buying some Kraft cheese and FitoBit water. The water was some kind of fitness water with low sodium; it didn’t taste so well. I’ve never been nor shopped out of ALDI so this definitely was an eye opener to me. As I walked in, I noticed the store was very small and cluttered. Everything was stacked on top of each other and very close with barely any walking space. There were no aisles to designate you to your product. You simply had to keep walking around to find what you need; it was like looking for a needle in a haystack.

Overall satisfaction: both Aldi & IGA came out ahead of Woolworths & Coles despite the latter stores having significantly more clout. Aldi received 5 stars for overall satisfaction, & IGA was close behind with 4. Coles & Woolworths both received an admirable 3 stars for overall satisfaction.

If your warehouse handles a high volume of daily orders, inefficient picking means falling behind on customer fulfillment, while inaccurate picking results in sending the wrong products or product quantities to your customers. Both problems reduce your customers' satisfaction and possibly their future business.

ALDI, a major German based retailer which operates 9,000 stores worldwide, has to account for such efficient strategies so that it has a competitive edge over other player. ALDI is Australia’s only supermarket operator that provides a range of exclusive brand, essential groceries at the lowest possible prices (ibis).

The primary purpose of this business research report is to estimate the relevant disclosure form the latest annual report 2016 regards to PPE and whether these disclosures satisfies the CF 's objective and qualitative characteristics. This report examines and assess on how the PPE fulfills the requirements of AASB 116 and the qualitative characteristics. Results shows the PPE are mainly meeting the requirement of AASB 116. However, some detailed disclosure information on PPE need to be more comprehend and I believe it will give you a final termination.