Find attached the scenario - Discuss possible ways that Checkers can utilise evaluate and select a supplier. By expanding answers and giving theory to support your answers. Checkers targets growing pet care market with more standalone pet stores in South AfricaRetailer Checkers plans to open 12 standalone Petshop Science stores by the end of 2021 as it sets its sights on a growingpet market. The Shoprite-owned group has already opened 10 Petshop Science stores in the last seven months, offeringfood, toys and other pet products at supermarket prices. As part of the new branding, Checkers has also launched what itcalls the cheapest pet insurance product in South Africa', pointing to the country's booming pet economy as moremillennials opt to adopt pets instead of having children."We saw a gap in the market when it came to pet care, and following the great customer response to the first PetshopScience, we've been hard at work rolling out more specialist pet shops," said Checkers chief operating officer WillemHunlun.*Our aim has always been to bring customers everything their four-legged companions could want and need - atsupermarket prices."Checkers opened its tenth Petshop Science store in Eden Meander in George on 6 December, with two more storeopenings planned in the Western Cape and KwaZulu-Natal in mid-December. Petshop Science forms part of a growing pushby the Shoprite group to expand beyond its traditional grocery market. This includes the recent opening of the first CheckersLittle Me baby store, a smaller format Checkers Foods store, as well as the new MediRite Plus pharmacies.

Suppliers are one of the core elements of a business. They are the driving force for any business…

Answered: Find attached the scenario - Discuss…

Find attached the scenario - Discuss possible ways that Checkers can utilise evaluate and select a supplier. By expanding answers and giving theory to support your answers.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

“Cool House” is a market leader in Sri Lanka's carbonated soft drinks market, with a mission statement that states, "to provide maximum satisfaction to our consumers and customers with highquality products. "The Company's heritage brand, 'Cool Cola,' is a well-known household name and is ranked among Sri Lanka's top ten strongest brand for the 10th consecutive year. However, there are two major players in the carbonated soft drinks market who are nearly identical in terms of size, products, and strategies, despite the fact that they source their ingredients from a varietyof undifferentiated suppliers. With the rise of healthy, organic, and vegan diet patterns among Sri Lankan consumers, demand for beverages such as fruit juice and herbal drinks is increasing. As a result, the government isempowering local businesses that produce organic and herbal-related foods and beverages by providing financial and non-financial assistance. Furthermore, the COVID-19 pandemic posed unprecedented…
Challenges faced by PT in recent years PT faced the following challenges: Weak sales growth: PT's overall sales growth was weak, both in Port of Spain and in the national market outside Port of Spain. This was due to a number of factors, including increasing and intensified competition, as well as the regional characteristics of consumer tea products. Difficulty in expanding its national market: PT was the number one tea company in Port of Spain, but it still faced difficulties in expanding its national market. This was due to a number of factors, including the strong brand loyalty of consumers in other regions, as well as the logistical challenges of distributing tea to remote areas. Inefficient resource allocation: PT had eight brands and three types of tea, which prevented efficient resource allocation. This was because it was difficult to successfully position any one brand in the market with so many different brands to manage. Hazy organizational structure: PT's organizational…
As you are aware, Google has been entering select markets with its Google Fiber service that competes directly with our high-speed data and video services. Even though its market penetration has been moderate, Google has deep pockets and excellent brand awareness. As a result, we are paying close attention to markets that it is entering.Within the last year, we completed our own fiber upgrade in the area at a cost of a little over $550 million. We are able to provide our high-speed data and video, and have a large number of bundled customers for our products. Unfortunately, many of them have been with us for a while and are no longer under any contract to remain with us. With Google’s entry, (along with existing competition) we may need to reduce our prices. The Austin service area for our services includes 340,000 households. Currently, in neighborhoods where Google competes, we…
Woolworths drives innovation and change in food retailing supply chain (AUS 2018) Australian large retailers are increasing their demand for enabling technologies. Woolworths is no exception. With a desire to improve its fresh and value added meat retailing operations in Australia and improve supply chain quality and efficiency, Woolworths has strategically joined forces with Hilton Food Group (UK) and Linpac Packaging Australia (UK). Both have operations in Victoria. Woolworths also most recently opened a new distribution centre in South East Melbourne. Joint Venture with Hilton Food Group (UK 2015) A joint venture between Hilton and Woolworths saw the establishment of a new meat processing facility in Laverton that will service 325 stores, creating 500 full time jobs. Innovations at the new facility include:  Fully automated reusable crate washing system  Fully automated robotic store order pick and packing  High tech cold storage facility  Full test kitchen that can produce…
Woolworths drives innovation and change in food retailing supply chain (AUS 2018) Australian large retailers are increasing their demand for enabling technologies. Woolworths is no exception. With a desire to improve its fresh and value added meat retailing operations in Australia and improve supply chain quality and efficiency, Woolworths has strategically joined forces with Hilton Food Group (UK) and Linpac Packaging Australia (UK). Both have operations in Victoria. Woolworths also most recently opened a new distribution centre in South East Melbourne. Joint Venture with Hilton Food Group (UK 2015) A joint venture between Hilton and Woolworths saw the establishment of a new meat processing facility in Laverton that will service 325 stores, creating 500 full time jobs. Innovations at the new facility include:  Fully automated reusable crate washing system  Fully automated robotic store order pick and packing  High tech cold storage facility  Full test kitchen that can produce…
Woolworths drives innovation and change in food retailing supply chain (AUS 2018) Australian large retailers are increasing their demand for enabling technologies. Woolworths is no exception. With a desire to improve its fresh and value added meat retailing operations in Australia and improve supply chain quality and efficiency, Woolworths has strategically joined forces with Hilton Food Group (UK) and Linpac Packaging Australia (UK). Both have operations in Victoria. Woolworths also most recently opened a new distribution centre in South East Melbourne. Joint Venture with Hilton Food Group (UK 2015) A joint venture between Hilton and Woolworths saw the establishment of a new meat processing facility in Laverton that will service 325 stores, creating 500 full time jobs. Innovations at the new facility include:  Fully automated reusable crate washing system  Fully automated robotic store order pick and packing  High tech cold storage facility  Full test kitchen that can produce…
Green Toys Inc. makes a line of classic children’s toys constructed from recycled plastic and other recycled environmentally friendly products. Unlike its half dozen eco- friendly competitors that manufacture or buy raw materials for their toys overseas, Green Toys contracts only with companies in California. The two co- founders Von Goeben and Laurie Hymen have had no plans to move production out of the US. However, they do not exclude the possibility of manufacturing abroad with local sourcing of materials. In the Caribbean, the industry of environmentally friendly products is steeply growing and toys are no exception. Review the following case study as a guide to answer the question below. QUESTION The two CEOs of green Toys company in which you are employed as the most senior global marketing consultant have approached you to do an analysis of any Caribbean country of your choice in which to target. You are required to design a global and holistic assessment of this move…
Ay 1 - mcq Company X and Company Y Ahrens Vitamins. Inc., have high market commonality, both geographically and in the market segments in which they compete. Company X, the number two firm in the industry, has undertaken a major strategic attack upon Company Y, the market leader. Which of the following statements is MOST likely to be true? A. Company Y will respond after a long delay as the nutrition supplement industry is a slow-cycle industry. B. As the market leader, Company Y has little to fear from an attack by Company X and will not expend organizational slack ana major response. C. Company Y will respond aggressively because of the high multimarket contact between both companies. D. Company Y will not respond aggressively since this is a strategic move and not a tactical action.
Topic : Introduction to international business Please to use Mega Spice Likkle Mega Oxtail in Spanish Town St. Catherine Jamaica as the Caribbean country and Toronto Canada as the international business environment and please Give a well detailed Analysis and rationale of the chosen entry mode for Mega Spice (Likkle Mega Oxtail Season) as well as the overall conclusion and the history of Toronto Canada make them lengthy please. you are hired as a consultant by Vikings Inc. to prepare a report based on the undermentionedcriteria.You will choose a known Caribbean Company in the manufacturing sector and itsproduct/service with information available on the internet, that does not currently operate outsidethe region. You will conduct a comprehensive study of the international business environment,that is, the geography, culture, government, history, economics, and politics of a new country,outside of the region, from which you believe the company and its product/service could…
Nicole Vichon, marketing manager of Saralyn Mills Ltd. – a Canadian company – is being urged to approve the creation of a separate marketing plan for Quebec. This would be a major policy change because Saralyn Mills’ international parent is trying to move toward a global strategy for the whole firm and Vichon has been supporting Canada-wide planning. Nicole Vichon has been the marketing manager of Saralyn Mills, Ltd., for the last four years – since she arrived from international headquarters in Minneapolis. Saralyn Mills, Ltd., headquartered in Toronto, is a subsidiary of a large US-based consumer packaged-food company with worldwide sales of more than $2.8 billion in 2005. Its Canadian sales are just over $450 million, with the Quebec and Ontario markets accounting for 69 percent of the company’s Canadian sales. The company’s product line includes such items as cake mixes, puddings, pie fillings, pancakes, prepared foods, and frozen dinners. The company has successfully…
how samsung decide on its retail location? how this is inpacted the pricing and sales volume?
Volkswagen—the world’s 2nd largest automaker (Toyota is #1) with its VW, Audi, Bentley, Porsche, and Lamborghini brands—bplan to launch 50 electric models and achieve annual fully electric car sales of three million units by 2025. However, despite potential bumps in the road, Tesla continues its journey from upstart niche to full mass-market brand. It is further diversifying its vehicle portfolio with self-driving EV semi-trucks and the new Cyberstruck slated for 2023—one that promises to shatter more records for speed, acceleration, range, and coolness. Simulated Business Scenario: Since Tesla started selling automobiles, Zachary, Tesla's CMO (Chief Marketing Officer) has guided the brand to go further and faster than any other vehicle startup in history. He has created the image that Tesla is to cars what Apple has long been to consumer electronics, with the same kind of innovative products and cult brand following. With an ever-changing business environment, Zachary is being asked…