Swot Analysis on Retail Strategies of Iocl

Since its discovery back in the year 1858 crude oil has been become one of the most sought after resources on the face of the planet. It is due to this fact that the oil industry has fallen into a rather odd category in the case of globalization and seeking out new markets, new labor and new customers. The reason being that the need for crude oil and fuel is always present therefore the product of oil in its basic sense sells itself and the companies do not have to go out and publicly advertise it in the sense that clothing lines and other commodities do. Oil companies must focus more on the matter of why an individual should buy their oil and along with other alternative fuels over their competitors even though in the end the companies

Consumer today have a different expectation than a decade ago. Consequently, I believed if a Retailer want to be survive and thrive in the hostility of the today’s market, they must focus on all four of competitive priorities such as cost, quality, time, flexibility.

During the past decade, retail markets have undergone many changes in their processes, services, and formats. The last part of distribution of the market strategy, retailing serves as a bridge between the final consumer and the mass producers of products. Retailing has reached every corner of the globe, and Wal-Mart has been eying areas where the

Quick to react to market trends due to its supply chain design, operation & delivery

As we all know, the retail industry is very crucial and is highly competitive. As this company

The United States is one of the large fossil fuel consuming country. Most of the automobile vehicle in the country run on the fuels like gasoline and diesel. These fuels are responsible for the increase in pollution. The demand for this fuel is increasing day by day. It is necessary to find alternative fuels because at some point these fuels are going to end. To encourage users to use cleaner vehicles to avoid pollution federal and state governments provide users significant incentives.

“Retail is the business of selling goods made by others to individual consumers. It is a huge industry, dominated by Wal-Mart, which touches every corner of the globe. Due to the decline in the global economy, the future of many retailers is uncertain as consumers begin to spend less. The retail industry is the last step in the process of getting products to customers efficiently, and should not be confused with the wholesale activities which precede it. The difference between the two is that wholesalers are companies that sell their products to businesses, whereas in retail, the goods are sold

Bob’s Supermarket SWOT Analysis shows the supermarket displayed strengths with having loyal customers, customer service, and a POS System that helped them “improve both their sales and profit margins” (Parnell, 2014). Their weaknesses showed they lack having attractive displays, a marketing strategy, “limited advertising and promotions” and “attract long-term workers” (Parnell, 2014). In fact, Bob’s Supermarket has the potential to take advantage of many opportunities such as expanding their “products or services” (Matsa, 2011), utilizing innovations, re-branding their image such as making uniforms with name tags available for employees, and remodeling the interior, lighting and fixtures of Bob’s Supermarket (Parnell, 2014). Their threats

It would help diesel to deal with the changing industry standards of increasing segmentation and changing buying behavior

Oil is one of the most valued products in the world—which means oil can be very inelastic. It is something that people need in order for them to keep their cars going and for many other reasons in this world. When the cost of gas drops down, the usual consumer’s response is positive, however, that might not be the case for some producers in the market.

Gas economy in today’s times has been one of the major issues that the U.S government has been trying to solve ever since the auto industry had a financial and economic effect in your economy. Now the government must intervene in this Keynesian economist mode of thought in order to get the economy into equilibrium of aggregated demand and short-run aggregated supply. During this time the expectations for vehicle purchases were at an all-time low due to the expectation of the consumer of not making enough wages to cover their financial need. In order to stimulate the economy the government had to promote more spending by creating supply and demand for more fuel-efficient vehicles, trying to keep fuel prices at descent price and

While we have done, and continue to do, our part in ensuring automobile emissions are as limited as possible, automobile manufacturers have failed to make significant strides in making their vehicles more fuel efficient. For example, during the OPEC oil crisis there was a push to make fuels more efficient to combat the limited fuel resources, this pushed the average miles per gallon of a vehicle into the twenties, where it remains nearly forty years later. Here at Royal Dutch Shell, we encourage and are willing to work with automobile manufacturers to ensure that their products continue to become increasingly fuel efficient. Additionally, the choices of consumers ultimately determine the course of action. If consumers place higher value on larger vehicles, as they continue to do, then the larger, less fuel efficient vehicles will be the

These products are supplied from upper vertical chain sectors which include refining, imports and wholesale. On the other hand, the products such as jet fuel, diesel, and gas fuel have a different market, thus, they are not considered.

The global supply chain in the retail industry has witnessed changes and shifts which have led to opportunities and challenges for the involved players. This has occasioned shifts in trade and consumer behavior patterns. Among these are global growth patterns brought about by explosion of more cities and thus growth in infrastructure. There have been flexible supply chain trends which have enabled retail operators to adapt effectively to unexpected circumstances and changes. Moreover, globalization has changed the way retail supply chain is managed as more mature markets emerge to provide logistic and standard solution needs of the businesses. Conversely, near-shoring has

» Understand the importance of an efficient distribution and logistics management system in not only reducing the costs for a retailing company but also in