Recommendations for a New Store In opening a new store in Gilbert, Arizona, and maintaining a positive triple bottom line, it is our recommendation to Don Oest to do the following: Source local seasonal consumables Maintain a moderate number of suppliers (both local and non-local) Compost to minimize negative environmental impact Feed local children of families at or below the poverty line Supply Chain Recommendations Noodles and Company should consider sourcing seasonal ingredients and other consumable goods such as plastic flatware and paper products locally, within Arizona. Not only will this provide the highest quality to the consumer, but it will benefit the local economy. Further, by locally sourcing seasonally appropriate …show more content…
Choosing a local supplier will put funds into the local economy, allowing the community to spend more money on fast-casual dining experiences, such as Noodles and Company. Environmental Impacts: The positive environmental impacts are twofold. First, shorter delivery processes lead to fewer emissions. Second, sourcing seasonal items ensures the long-term sustainability of the land. The Risks of Sourcing Locally The downside to locally sourcing produce is that few items are available year-round. This is important to consider for staple dishes that are to be sold in all seasons. Additionally, having multiple suppliers, including a few that are not local, would reduce risk. While focusing on local suppliers is the primary goal, having multiple suppliers for consumables is a more realistic approach. However, Noodles should be wary of sourcing from too many suppliers as that could lead to inconsistency in their brand. It is our recommendation that Noodles sources local consumables from 3-5 suppliers, and sources everything else from 4-7 suppliers. Minimizing Negative Externalities Noodles and Company already have a store located in Gilbert, Arizona. This store has only a three-star review on Yelp and the reviews claim that the current cost is not worth the quality. Since the brand is not positively perceived by most local consumers, it is important for a new store to address
There are nine specific ways to foster empowerment. Ken Hoffman didn’t follow these rules and thus failed to produce a sense of competence choice, impact value and security. The first rule that Ken Hoffman violated was articulating a clear vision and goals.
All their suppliers range from small farming cooperatives to multinational corporations . They consider factors such as capacity, quality and cost when selecting companies to buy from. In addition, seek only to work with suppliers that can consistently meet standards and specifications and
Rana Chowdury is the current the manager of I.T store systems and store support for a company that has 4 different brands. The 4 brands are Hot Topic, which specializes in music and pop culture inspired fashion including body jewelry, accessories, and music T-shirts. Torrid is all about the fashion for Plus-Size style and trendy clothes for women. Box Lunch has apparel, gifts, gadgets, & more that also helps provide a meal to a person in need with every purchase and finally Lovesick is young, trendy, affordable fashion & accessories for curvy girl’s sizes 10-26.
Buying local is the new slogan of producers and sellers selling their foods in the food market. There are a few stances that can be taken such as not bothering to care about where the food came from, getting what can be purchased within reason, and the extreme locavore. Although eating local and organic is desirable, it is improbable to create a sustainable lifestyle with the given difficulties.
Pam and Susan’s is a chain of discount department stores. There are currently 250 stores, mostly located throughout the South. As the company has grown and wants to expand, Pam and Susan’s is in the search of the most profitable location for the new stores. Store locations decisions are based upon estimates of sales potential. The company is currently considering two sites A and B for the next store opening. Using the information gathered on demographics and economic trading zones, size, composition and sales of the 250 existing stores we will built a regression model to provide the best estimate of sales from the two sites and recommend the most profitable one for the next store opening.
Many areas in the world are unable to grow crops at all. (Source F ) Most will be unable to provide more than 2-3 viable food options. The way we circumvent this is by buying these items from other areas. The fact of the matter is there is no such thing as “locally grown” coconuts in Texas. There is no “farm to table” products in the Sahara. (Source E) It’s a practice which is unfortunately impractical in a large part of the world.
Does the origin of where our food is being produced really matter? Is there actually a difference between locally produced food and food bought from supermarkets? How can one truly find a difference? Locavores, question this issue by providing reasons as to why one should join this movement. The locavore movement has become a progressing trend, which many people choose to follow around the world. A locavore is somebody who prefers to eat locally grown products rather than products sold in supermarkets. They believe that food grown locally is more nutritious, better in taste and greatly supports the community. However, what most people do not realize is the negative impact it has on a
The consumer’s love the current facility. They like the good food and crafts they are able to make. They participate in current event classes talking about what is going on locally and nationally. The facility offers them many resources and a friendly staff that they might have never gotten elsewhere. They use this place as an outlet to find and make life long friends.
The current size of the organisation is not as big as some of the rivals in the area. The chain compromises of 15 stores and has a big head office and
Since Breeder’s Own Pet Foods does not have any Brand Equity, they must win the “hearts and minds” of its consumers by performance, availability and pricing. To accomplish this feat, it must train the minds of its patrons to begin to shop in the frozen department for organic dog food. Without the latter two suggestions, Breeder’s Own Pet Foods may have unsuccessful
The company attracts a well-educated, affluent crowd that responds enthusiastically to local restaurant deals. Restaurants can reach a targeted crowd without investing any money in advance and use their inventory and services to pay for their marketing while hopefully upselling customers and landing long-term regular customers.
Time value of money. With the initial $700 million expansion investment, and growth projected at 3% year-over-year for the next five years, the best-case scenario would be most beneficial for Nordstrom to pursue. Whereas, the best-case scenario’s cash flows are 20% higher than the average-case scenario, and the worst-case scenario’s cash flows are 20% less. The conclusion that the best-case scenario is the most lucrative investment opportunity for Nordstrom is based on the factors of Net Present Value (NPV), Internal Rate of Return (IRR), and pack back values, with a discount rate of 10%, and a payback goal of five years. Together, NPV, IRR, and payback values, shed light on factors based on predictability, and are outlined in Table 2. However,
1) One key element of Oliver’s Market strategy is to be the finest local gourmet and natural
Over the last several years Dollar General has seen great success with the strategies currently in place. With potential changes in the economy and some situations presently in the company Dollar General must plan for the future. This memo was put together to identify our strengths and weakness, analysis the external factors of the company, and find options for the future. The options of where to invest our time and effort are; Geographic expansion within the U.S, Improve Merchandising Productivity, and Expand into Services. The recommendation chosen for the Dollar General was to pull back slightly on the current plan of expanding through building
At 4:30 p.m. on December 6, 2010, Meredith Collins, VP of Marketing for Reed Supermarkets, walked down the sidewalk of the 10-store strip mall that housed Reed’s Westgate Plaza branch in Columbus, Ohio. Collins didn’t shop; instead she took mental notes about store traffic, first at the Reed store and then at an indirect but increasingly worrisome kind of competitor—a dollar store. The Reed was predictably well lit and inviting, and Collins could see three registers open and two or three customers in line at each. “Not too bad” she thought, “but not what I would hope for at this time of day, this close to the holidays.” She’d felt the same way at two other Reeds