Assets- The stores key assets, these include materials within the premises, the store itself and the all the stock within the store. An asset to the company can be seen as anything that has monetary value or information. Facilities- The location of the store and its surroundings need to be considered. It is not uncommon for the security professional to gain blueprints of the store to consider how they are going to survey it. It is important to look at how easy the store is to get to, the environment of which the store is located and if any special training is required to move around the facility safely. Operations and Structure- to enable the security professional to carry out effective planning on the operations and structure, they will be a requirement to obtain information and knowledge of the …show more content…
Is there store open to the public?I will also need to look at what products the store sells and if any of the products pose a risk to the store. Personnel- All security surveys will require interaction with personnel working at the store. I may need to conduct interviews with managers or supervisors and need to decide whether this needs to be done face to face or can be achieved by other means. If speaking to anyone personally requires special arrangements, I.e. a certain member of staff and when they are on duty. Documents- It will be very time consuming to sift through a large amount of documentation, it is important at the planning and research stage to consider priority over which documents need more attention than others. It may be possible to delegate this task of sifting through documentation to someone who can present a report on this matter in the conclusion of the final
Store layout, merchandise display and categorization is superb to facilitate easy tracing / location. Individual store managers have liberty to adjust merchandising mix to suit local taste and placing replenishment orders. Purchasing through central office to get maximum margins, low expense
Analyzes the documents by grouping them in as many appropriate ways as possible. Does not simply summarize the documents individually.
This also opens up access to people who may not be able to visit the stores due to poor mobility.
The store is different from others because instead of buying an already built or used building, they instead bought some land and built on it. The land they bought was at the corner of two popular roads making
This fact is a complacent one and there is always a sign and management that gets adopted in the stores working processes you will be proud to be a part of and you understand a recommendation you are given as you accept offers you always make when buying with budgeted means and get your personal belongings you understand are worthwhile.
In order to make the stores a safer environment they equip each of their buildings and parking lots with elements that prevent crime, from strategic lighting to mobile security Segways. Meanwhile, merchandise
The retail area observed for this assignment was situated in Erin Mills Town Centre, level two; between Hudson’s Bay and Dynamite, and between Kernels and Sears. By looking at the retail map above, it can be seen that this area of the mall offers a variety of products and services to consumers. The retail area was primarily dominated by retail chains with the exception of two department stores which were Hudson’s Bay and Sears. The stores themselves were sized reasonably and all of them were one-storey each. However, by looking at the retail map, it can be seen that some stores occupy more area in the mall than others. The retail area that was examined also has two escalators that are close to the department stores. In regards to store type and mix, the retail area was heavily dominated by aspects of fashion
In chapter 17, it emphasized the importance of a store design implementing its retailer’s strategy and also building a competitive advantage
We call it the heart of Britain, or one which is easy to travel to by car or public transport. At our Retail Vision give us the ability and the tools and skills to develop site criteria for you (Customers, Consumers), and help you to find the ideal site for your store.3.Site & Building Planning – Once you’ve selected the ideal site for your store, we can help you to make the best use of the site in terms of access, car parks, traffic flow, and the size of the building in the relation to the site. We’ll help our consumers to work out how big the stockroom needs to be in relation to the sales floor, as well as where to position the service, office, and staff areas, Space Allocation : others product categories will perform way better than others, and the best space allocation can add 30% to your sales and profit, It’s important to identify the best performers and analyse how much space to allocate to each department. For example if you are a supermarket, how much space will you allocate to non-food, household items, and fresh food, you will need to understand the size and the need of the customers before allocating the site, you will need to focus more on the previous retailers and understand their
With multiple locations across the state of Florida, Edu Corp’s facilities require attentive, strategic methods of security. With continuous concerns regarding digital security, physical security is of an equal concern to Edu Corp. In an effort to uphold a high standard of privacy and security to both employees and customers of the company, Edu Corp continuously monitors the security and safety of all associated facilities. According to various reports, average police response times for business invasions have increased over the last few years (Masher, 2015). At Edu Corp, we pride ourselves on constantly developing and deploying detailed, comprehensive security plans for all company facilities.
In what type of location does a retailer have no adjacent stores to share or generate traffic?
own unique way of running a store. Sometimes merchandising is presented differently. The services can also vary from location to location, this depends on the demographics of the area.
The interior of the store will have approximately 26 aisles. There will be restrooms in the back and front of the store including an office for our employees in the front of the store. We will sell kitchen cabinets, closets, curio cases, lighting, surveillance cameras, furniture, home theater equipment, and other home enhancements. We will have a garden center outside the store. The garden center will sell a variety of plants, fertilizers, garden tools, water fountains, and outdoor decks. The exterior will be dark blue with a brick design. The loading dock will be in the back of the store and parking will be in the front. The store will hire employees and develop them to becoming more valuable to the store. We will select the right people and train them. Also we will communicate with employees in all levels.
The first element, assets, are “resources controlled by the enterprise as a result of past events, and from which future economic benefits are expected to flow to the enterprise” (IFRS, 2010, pg.17). These future economic benefits may directly or indirectly flow into the company cash assets or cash asset equivalents. Since assets are basically measurable resources that have value to an organization (in dollar basis or not), they may be in a form of cash, land, inventory, property, equipment, patents, prepaid insurances, etc. They may also be