Coca-Cola is Everything: SCM, CRM, ERP, Social Media, You Name it
Dr. John Stith Pemberton never thought that the development of a new idea, the syrup to create a fountain soda, would become a worldwide company. Dr. Pemberton decided to name the syrup Coca-Cola and then went to sell it to Jacob’s Pharmacy, they teamed the syrup with a carbonated water and “voila” they started selling a soda fountain drink. Dr. Pemberton sold a portion of the business and later on, Mr. Asa Candler acquires the total control of Coca-Cola. After the acquisition, Mr. Candler started improving the company from advertising to bottling at the end of the1890s. In 1919, Mr. Woodruff bought Coca-Cola and took the company to a new level, he projected an international company and he made it happen. Coca-Cola Company has been managed by different people all entrepreneurs and visionaries and every one of them have adding value to the company.
Coca-Cola Company was and is able to keep its name and a good position because no matter where they sell the soft drink, it always tests the same. The use of technology and information has made the task easier, there is no doubt that Coca-Cola has been taking advantage of Management Information Systems. Haag explains that people can use technologies to work with information to reach the goals of a company. (p 5), the history of Coca-Cola is a good example of this concept.
Being a worldwide Company, Coca-Cola has designed its supply chain management system to be
Coca-Cola Company history originated in 1886 when the “curiosity of an Atlanta pharmacist, Dr. John S. Pemberton, led him to create a distinctive tasting soft drink that could be sold at soda fountains” (Coca Cola History, 2013, para. 1). He generated flavored syrup, took it to his
John Stith Pemberton, a pharmacist and “cash-strapped morphine addict,” created Coca-Cola in 1886. He used a French wine called Vin Mariani as his product to replicate. Coca-Cola was different because it was water-based, not wine-based, and included kola nut, caffeine, coca leaf extract, and sugar. It was originally sold as a medicine, a “brain tonic” that “Cures Morphine and Opium Habits and Desire for Intoxicants.” Later broke and ill from his stomach problems and morphine addiction, Pemberton sold the patent to Coca-Cola to Asa Candler, who later officially created The Coca-Cola Company.
The story of Coca-Cola dates to the late 1800’s where an Atlanta pharmacist, Dr. John S. Permberton, created a soft drink that would later develop into the “Coke” that is now a staple within many American households. Coca-Cola quickly found themselves bottling for mass production in 1899, which was something revolutionary for the time. No other soft drink was being mass-produced in bottles like Coke was attempting to do. This was due in large part to three businessmen out of Chattanooga who had purchased bottling rights, and had the mindset of taking the soft drink in a direction no other soft drink gone before. The famous Coca-Cola label and logo were not produced until 1916, but the label has never seen a change since.
Coca Cola has differentiated its product and services that are valued by its customer. Its product are based on customer’s preferences, with affordable price and made easily accessible.
Coca-Cola is “Tall” in terms of organizational complexity. Coca-Cola is controlled through a vertical hierarchy, with decision-making authority residing with the company’s upper management. Daily and routine decisions are made by the line managers at the middle level.
History "Coca-Cola enterprises Incorporated, employees 66,199 operates, 444 facilities, 47,235 vehicles, 1.9 million pieces of cold drink equipment and sold 3.8billion unit cases in 46 states in the united states, all 10 provinces of Canada and portions of Europe including Belgium, France, Great Britain, Luxembourg and the Netherlands" (Coca-Cola facts 99). An, Atlanta Pharmacist Dr. John Slyth Pemberton founded Coca-Cola on May 8, 1886. The carmel colored ingredients, Coca leaves and kola nuts. Later the drink was striped of narcotics. The drink was first designed as a drug that will help people feel better. Pemberton sold his new drink for 5 cents a glass. Some time later carbonated water was added to
Coca-Cola was invented by John Pemberton the Coca-Cola Company began in 1886. With more than 1.9 billion consumers a day, in more than 200 countries, Coca-Cola is dedicated to being the world’s largest beverage company by maintaining and gaining customers. Customer preference is a core value to coke. Coke has dedicated itself to meet the thirst needs of every customer. They engage with their customers at home, restaurants, sporting events. Almost everywhere customers go, they can find a coke product. They build their top line growth and capital efficiency through investment in FIFA World Cup, “Open Happiness” global campaign, and have many worldwide partners, increasing their business nearly 5% every year by creating a diverse customer base.
The history of Coca Cola began in 1886 when Dr. John S Pemberton, an Atlanta pharmacist created a tasty soft drink which could sell at soda fountains. Since then, Coca Cola grew to be a global brand and touched great heights. Today, it sells across 200 countries and is just as popular across all the markets and nations. The company today, owns or licenses and markets more than 500 non alcoholic beverage brands. The brand has only few major competitors in the global market. The daily servings of coca cola are estimated to be at 1.9 billion globally. (Coca-Colahellenic, n.d.) This is just another proof of the popularity of the brand which has a very large and diversified
Over 3500 products are available in more than 200 countries (The Coca Cola Company, 2013).
1. What is PepsiCo’s corporate strategy? Briefly identify the business strategies that PepsiCo is using in each of its consumer business segments in 2008.
Coca-cola is a well known brand throughout the world. The start of Coca-cola was in 1886 by a pharmacist named Dr. John S. Pemberton in Atlanta who originally intended for the the beverage to be patience medicine. (The Coca-Cola foundation, 2016) Dr. Pemberton made the drink formula but a partner and friend of his, Frank M. Robinson, named this new drink. Robinson decided to name the drink Coca-Cola because, when it was first made the drink did contain small amounts of cocaine. In 1888, Pemberton started to sell portions of business, a majority of the the company sold was to businessman named Asa G. Candler. (Coca-Cola History, 2016) With Chandler’s help that same year, Coca-Cola expanded to soda fountains in Atlanta as well as many other states in the U.S, Coca-Cola now being in popular demand all over the U.S, Chandler brought it from soda fountains to the portable bottles. The first bottling machinery was available in Mississippi and eventually grew from there. In 1899, just three years after the first bottling machinery; three enterprising businessmen in Chattanooga, Tennessee secured exclusive rights to bottle and sell Coca‑Cola. The three entrepreneurs purchased the bottling rights from Asa Candler for just $1. Benjamin Thomas, Joseph Whitehead and John Lupton developed what became the Coca‑Cola bottling system. (Coca-Cola History, 2016) The more popular the drink became the more people would talk about the effects it had on people. With negative publicity starting
The Coca cola company, found in 1886, was first created by an Atlanta pharmacist Dr. John S. Pemberton who started his coca cola selling with syrup. In 1899, the Coca-Cola Company began to produce bottling in the United States and bottling business for Coca-Cola develop across the ocean in 1906. Based on Interbrand’s study of best global brand in 2011, Coca-Cola was the world’s most valuable brand.(1) For now though, Coca-Cola is the world’s greatest brand and the biggest-selling in soft drink in history as well.
The company were allowed to sell their products after reducing amount of pesticides to the defined standards. But they lost the credibility. People refused to pay INR 10 for a bottle of coke and stocks were lying idle in the market. Bargaining power of consumer increased a lot and profits started declining. Thanda matlab Coca Cola was gone and it was no a toilet
Initially, everything Pemberton made failed in his field. He invented many drugs but none of them was ever a success so after he moved to Atlanta, Pemberton decided to try his luck in the beverage market which he succeeded and this was when the Coca-Cola brand was born. However, Coca-Cola did not do so well in its first year. And to make matters worse, John Pemberton died in August 1888, meaning he would never see the success he had been seeking his whole life. After Pemberton’s death, Asa Candler, who was a natural born salesman, transformed Coca-Cola from an invention into a business. Candler knew there were potential investors and buyers out there, and he found interesting and innovative ways to introduce them to this amazing new product.
Despite being a billion dollar 125 year company that is a household name around the world, Coca-Cola has had to cope with unexpected situations and variation of positioning based upon the main competitions movements, Pepsi. According to Trout and Reis, (2001, p. 10) “Truth is irrelevant. What matters are the perceptions that exist in the mind.” This is a thinking process called outside-in