...INTRODUCTION OF MORE UNEMPOLYMENT THAN EMPLOYMENT Unemployment is simply the state of not having a job. Unemployment or joblessness occurs when people are without work and are actively seeking for one. Africa is deeply affected with a high rate of unemployment especially among the youth. Africa is now having the most youthful population in the world with the youth covering close to between 60% and 70% of the continents population. This menace poses great threats to the strength and growth of Africa. Though unemployment is seen manifested all over the world, the case of Africa is very dilapidating to say the least. Unemployment in Africa is manifested in seasonal layoffs (e.g., in agricultural jobs), technological changes in industry (particularly by increased automation), racial discrimination, lack of adequate skills by the worker, or fluctuations in the economy. In a 2011 news story, Business Week reported, "More than 200 million people globally are out of work, a record high, as almost two-thirds of advanced economies and half of developing countries are experiencing a slowdown in employment growth". This is not very encouraging and therefore drastic measures must be instigated to curb this situation. Unemployment is one of the most serious problems facing the African continent. In accordance with IMF/World Bank conditions, most of the African countries applying structural adjustment measures have retrenched large number of public-sector workers. In February 1995, for...
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...Technology Study the Supply Chain of Fruits and Vegetables of Reliance Fresh By Vishal K. Patel (201013015) 201013015@daiict.ac.in To Dr. Girja sharan 2 DECLARATION I VISHAL K PATEL, Post Graduate student of Information and Communication Technology in Agriculture and Rural Development 2010-11 batch, from Dhirubhai Ambani Institute of Information and Communication Technology (DA-IICT), Gandhinagar, Gujarat. Hereby declare that this project report titled, “Study the Supply Chain of Fruits and Vegetables of Reliance Fresh” is an original study and has been carried out by me as a part of winter project under the guidance of Mr. Mr. Shusilkumar singh (Project Director cum zonal head) in Reliance Fresh Ltd I further declare that no any part of this report has been copied from any source, or if taken, the original source has been given due credit in the content. I have worked for four months on our winter project as required under manual of policies of our institute. Place: Date: Vishal K Patel Id: (201013015) 3 CERTIFICATE This is certifying that Mr. VISHAL K PATEL student of post graduate institute of DA-IICT (Dhirubhai Ambani Institute of Information and Communication Technology), Gandhinagar has satisfactorily completed his project work from 1/01/2012 to 30/04/2012 in Reliance Fresh Ltd. He has undertaken the project of “Study the Supply Chain of Fruits and Vegetables of Reliance Fresh” and has submitted the same to us. While during this project work we...
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...well for Tesco, and we had a higher sale than we have today. Investors once called Tesco a darling of the U.K. stock market, until January where everything went down for us. The shares has fallen by 20 percent. After this fall in market shares, my boss the longstanding chief Terry Leahy who have been CEO for Tesco for 14 years, have just gone off. The new CEO for Tesco is Philip Clarke, and it was not a nice sight he met the first couple of weeks. Experts have said that Mr. Clarke need to reconnect with customers and change the business’ culture. We did also launch the Fresh and Easy at the worst time possible, just one year into the financial crisis in 2008. We did also make some obvious mistakes though. We had no coffee in the store, as the first thing in the morning, there was no frozen food as Americans like and so on. That is why investors have called 182 Fresh & Easy stores to fail. The U.S. stores Fresh and Easy did also fail to take off and we did not catch that many customers. Still, we have some big international investors such as Warren G, BlackRock and the Singaporean Government. As a matter of fact, one in every seven pounds spend in UK are spend in one of our stores but we still needed to improve the business. Many customers...
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...A Study on Reliance Retail Supply chain Operations Operations Management-Assignment MBA- 1st Semester, Sec-‘B’ Submitted by George Vincent Table of Contents 2 BACKGROUND OF RETAIL 2 3 COMPANY PROFILE 5 3.1 RELIANCE RETAIL LIMITED 5 3.2 THE RELIANCE EMPIRE 5 3.3 BACKGROUND 10 4 A GLANCE AT EXISTING RELIANCE 12 5 “FARM TO FORK” 13 6 SUPPLY CHAIN MODELS 14 6.1 RELIANCE FRESH: (MODEL 1) 14 6.2 UPDATED POLICY 16 6.3 WHOLESALE TRADING (WST): (MODEL 2) 17 BACKGROUND OF RETAIL India is a land of retail democracy- hundreds of thousands of weekly haats and bazaars are located across the length and breadth of our country by people’s own self-organizational capacities. Our streets are bazaars – lively, vibrant, safe and the source of livelihood for millions. India has the highest shop density in the world, with 11 outlets per 1000 people. This does not include the village haats. Our retail democracy is characterized by 1. High levels of livelihoods in retail with nearly 40 million employed which accounts for 8% of the employment and 4% of the entire population. 2. High levels of self - organization. 3. Low capital input 4. High levels of decentralization Retail in India has started with the concept of weekly markets, where all the traders gather at one big place to sell their products every week. The people come to these weekly markets to buy the household items for the next one week. Village fairs and melas were also common...
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...Fresh Direct Case 19 Rest of the Story • In 2011, Fresh direct gets a 50 million dollar investment to kick start growth and expansion of the company from WM Morrison Supermarket, a food retailer based West Yorkshire in Northern England. With this investment a team of top managers from Morrison are “embedded in Fresh Direct” at the company’s headquarters. • Morrison has a 10% stake in Fresh Direct with this investment. • August 2013 Mayor Bloomberg of NYC approved over 100 million dollars in subsidies to Fresh Direct to keep them in the city after threatening to move to New Jersey. The approval allows fresh direct to build a parking lot in a portion of the Harlem river yards that had been reserved for a rail hub. • Fresh Direct plans to relocate its headquarters and distribution center to the Bronx. The facility is said to be operational sometime in 2016. Stated by Fresh direct official • Fresh direct promises to use the approved subsidies to not only build its new headquarters in the Bronx but also to convert its truck fleet to green energy • 2013 Fresh Direct announces expansion into 123 new zip codes throughout Pennsylvania, New Jersey, Rockland county New York and Delaware. • Late 2013 There was a major community backed opposition to fresh direct moving to the Bronx, causing a delay of vote on a 3.5 million dollar development loan for the distribution center. Which can hinder their plans for the new headquarters and distribution center move to the Bronx. • Fresh Direct...
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...Wrigley, Neil; Lowe, Michelle and Cudworth, Katherine The Internationalisation of Tesco - new frontiers, new problems Wrigley, Neil; Lowe, Michelle and Cudworth, Katherine, (2014) "The Internationalisation of Tesco - new frontiers, new problems", Johnson, Gerry; Whittington, Richard; Scholes, Kevan; Angwin, Duncan and Regner, Patrick, Exploring Strategy: Text and cases, 657-661, Longman Scientific & Technical © Staff and students of the University of Worcester are reminded that copyright subsists in this extract and the work from which it was taken. This Digital Copy has been made under the terms of a CLA licence which allows you to: * access and download a copy; * print out a copy; Please note that this material is for use ONLY by students registered on the course of study as stated in the section below. All other staff and students are only entitled to browse the material and should not download and/or print out a copy. This Digital Copy and any digital or printed copy supplied to or made by you under the terms of this Licence are for use in connection with this Course of Study. You may retain such copies after the end of the course, but strictly for your own personal use. All copies (including electronic copies) shall include this Copyright Notice and shall be destroyed and/or deleted if and when required by the University of Worcester. Except as provided for by copyright law, no further copying, storage or distribution (including by e-mail) is permitted without the consent...
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...Consuming Fresh Foods Instead of Canned Foods Eating is an activity that we as humans do at least two times a day. We live in a world where the variety of food is immense, and we are responsible for what we eat. We decide what we are about to eat and how it will affect our bodies. The purpose of this essay is to compare and contrast the differences between eating fresh foods instead of canned foods. The three main differences are flavor, health benefits, and cost. The most notable difference between these two kinds of foods is their flavor. Fresh foods have great flavor and taste because they keep all their natural conditions. Canned foods however, lack a lot of its flavor characteristics because there are some other chemical products added to the natural foods. It is logical that the fresh foods will have a greater taste and flavor when consumed just because of the time in which they have been prepared. Comparing both types of foods we notice another difference. There is a health factor that affects both of them. Canned foods lose some of the original fresh food nutrients when stored, and also it has to be tinned with many conservatives and chemical factors that prolong the shelf life and apparent freshness of the food but could also become toxic if consumed too often. Yet another difference between these two types of foods is the cost. Canned foods are much more expensive than fresh foods. Here the benefit of buying tinned foods is that they are easier to find, for example...
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...For “The Business Model” Slide: · The Fresh Markets financial results show a tangible manifestation (outward or perceptible indication) of a retail strategy that has worked over the past several years to appeal to a shopper looking for a specialty experience and specialty products. · Although The Fresh Market is often compared to Whole Foods, this comparison is only valid based upon the customer demographic shopping within the store. o Whole Foods is a more mature retailer that has achieved higher rates of saturation (the level beyond which demand for a product/service is not expected to increase) in its markets. o Both retailers are in a strong position. For the “Strategy” Slide: · The company has taken the following actions aimed at improving profitability & future growth prospects for the Company: o The company has announced that it will close 4 stores in FY 2014; 3 in Sacramento, CA and one in Houston, TX. · Deployed new analytics & forecasting methods designed to improve site selection process & enhance accuracy of sales forecasting. o Company’s real estate plan will place greater emphasis on existing market expansion; while slowing the pace of openings in frontier markets in the near- to medium-term. · The company has identified a # of opportunities to better manage costs & improve efficiencies. o These savings should eliminate redundant or overlapping general & administration expenses, reduce non-merchandise procurement spending...
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...Camacho, 2015. 9 -6 1 5 -0 1 3 REV: AUGUST 15, 2014 RORY MCDONALD CLAYTON CHRISTENSEN ROBIN YANG TY HOLLINGSWORTH AmazonFresh: Rekindling the Online Grocery Market We believe that a fundamental measure of our success will be the shareholder value we create over the long term. . . . We will make bold rather than timid investment decisions where we see a sufficient probability of gaining market leadership advantages. Some of these investments will pay off, others will not, and we will have learned another valuable lesson in either case. — Jeff Bezos, 1997 Letter to Shareholders As Fishmonger Ryan Reese skillfully filleted a fresh rainbow trout at Seattle’s Pike Place Market one morning in late 2012, the usual mix of tourists and locals gathered to admire his prowess. The iconic downtown market’s appealing array of fresh and specialty foods drew daily crowds eager to admire its vendors' showmanship and buy their wares. But the trout wasn't for any of them. Ryan's customer was miles away on Mercer Island. Within hours AmazonFresh, the grocery subsidiary of Amazon.com, would deliver the fish, which she'd ordered online, right to her doorstep.1 AmazonFresh had spent five years testing and refining its business model since its launch in August 2007. The challenges were numerous; no other online grocer had yet succeeded on a national scale. Amazon typically allowed new businesses only a short time to achieve profitability before shutting down failed attempts...
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...COMPANY NAME/WEBSITE/INDUSTRY Fresh Direct / https://www.freshdirect.com/ Retail Grocery Industry BACKGROUND/HISTORY Based out of Long Island City, Queens, FreshDirect was launched in July 2001, by Joseph Fedele and Jason Ackerman. It offers online grocery shopping and delivery service to over 300 zip codes in the Manhattan, Queens, Brooklyn, and surrounding areas. At the time of launch, there had been numerous other online grocery ventures that had ultimately met their demise. What made Fresh Direct unique was that it could offer grocery shoppers: “higher quality at lower prices.” It was able to do so because it had no retail location, which meant there was no rent to pay for retail space. In order to provide its customers with highest quality of food, FreshDirect created a state-of-the-art production center that is staffed with expert personnel. Since its existence, FreshDirect has changed CEO’s seven times, with Jason Ackerman, one of the co-founders, as its current CEO. FreshDirect currently is a privately owned company is not mandated to share any of its financials to the public. However, in an interview by Ken Bruno of Forbes with former CEO Richard Braddock, Bruno stated, “the company increased revenue in 2009 by approximately $20 million up to an estimated $250 million and in 2010 has grown its customer base in the range of 20% to 25%” (June 2010). SWOT ANALYSIS STRENGTHS Large concentration of population Does not pay rent for retail facilities Able...
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...FreshDirect Case Study COMPANY NAME/WEBSITE/INDUSTRY FreshDirect is an online grocer providing high quality fresh foods, popular grocery and household items at incredible prices delivered to residences and office in New York City and the metropolitan area. Their website can be accessed at www.freshdirect.com. FreshDirect tailors cuisine, perishables and dishes for its clients by means of an assembling practice known as Just-In-Time lessening waste and enhancing quality and freshness. FreshDirect is prominent for its resource usage of local agriculture offering organic, natural nourishment supplying commodities the consumer would purchase in their local supermarket. BACKGROUND/HISTORY Founded in 1999 by Jason Ackerman and Joseph Fedele, they ascertained learning from failed attempts of other online grocers. Ackerman, who worked in finance, sought out Fedele, who worked at Fairway grocery. In a Bloomberg TV interview last year, Ackerman said, “[W]e really founded on two guiding principles. First was to rethink how we get product from the farm to a customer's table in a much more efficient way which lends itself to deliver better quality products at better prices. And second, because we know so much about our customers, is to use that information to deliver a much more personalized, better experience.” [ (Goldberg, 2010) ]. The Key Executives for FreshDirect, LLC are Mr. Jason Ackerman, Co-Founder and Mr. Steve Druckman, Chief Marketing Officer. The company...
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...EXECUTIVE SUMMARY Fresh Connections is a fresh food manufacturer that provides meal solutions products to retailers, restaurants and co-pack companies. After a successful stint of one year, Fresh Connections is suffering from variety of short term, operational and strategic issues. In the immediate future, cash liquidity of the company is a problem and it is recommended that take the deal with the co-op client to alleviate their financial situation. Moreover, they are in the position of high financial risk pertaining to their R&D costs and it is recommended they refine their contract policies with clients. Furthermore, Fresh Connections is suffering from a number of operational issues and it is recommended that they improve their processes to increase efficiency and eliminate waste without compromising quality. Finally, they do not have a legitimate business level strategy and it is advised that they take the company in a differentiated direction. ANALYSIS Porter’s 5 Forces Analysis Of Fresh Connection 1. Degree of Rivalry: Competitive rivalry describes the intensity of the competition among existing firms. In the fresh food industry, the intensity of rivalry is influenced by different factors. They are : - Price Rivalry - In this industry, big companies can substantially decrease the price and drive the volumes of industry and this can create a problem for Fresh Connections since they are a new firm and keeping prices too low will not sustain fresh connection’s business...
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...The Fresh Connection - Kick off - 1 The Fresh Connection – Kick off – Outline • „The Fresh Connection“ is a business simulation • implemented as a Matlab programm accessible via HTML (a browser game) • Round-based simulation on tactical/strategic level one round equals 6 month • A team consists of 4 players representing the management of the company • Each player is responsible for a business unit and can set control parameters affecting the company’s profit • Final goal is increase ROI The Fresh Connection – Kick off – The Challenge • The Fresh Connection • is a producer of fruit juices • In NW Europe • suffering severe losses in the last year • because of poor performance • A new management team has been appointed • The assignment is to make the company profitable again • By making strategic and tactical choices 3 The Fresh Connection – Kick off – The Company Components pallets Finished product pallets SRM Mixing Bottling CRM tankyard • Three warehouses and overflow warehouses when needed • Two stage production: mixing and bottling • Bottling line(s) and mixer(s) for all products • Make-to-stock production • Lead time to customers: 1 day (delivery next day) The Fresh Connection – Kick off – The Roles VP Supply Chain Components Finished product Supply Production VP Purchasing VP Operations Distribution VP Sales 5 The Fresh Connection – Kick off – Assortment ...
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...Eat Fresh Not Processed With all the focus on getting healthier through eating right and exercising these days, I am making a stand try to completely eliminate processed foods from my diet. If you see a food product in a box, a bag, or any type of packaging and it did not come from a health food store chances are it’s processed. Foods that are processed lose most of their nutritional value and substituted with unhealthy fillers like sugar and carbohydrates. Artificial colors, sweeteners, high fructose corn syrup, and salt are some of the other unhealthy substitutes used in processed foods. Consuming too much high fructose corn syrup itself is believed to be a factor in weight gain, dental cavities, and overall poor nutrition. Not only does it taste better, but fresh foods also provide more nutrients than processed foods. When attempting to get the full benefits of fresh foods, one should purchase fresh fruits and vegetables. These fresh foods contain vitamins, minerals, enzymes, and fibers that are all needed in order to maintain optimal health. Eating fresh foods over processed makes it easier to lose and maintain weight as well as providing more energy because processed foods are not nutritious. A big part of fresh food and its vitamins is when it is consumed. Fresh foods start losing their vitamins the moment they are picked and sometimes sit in stores or warehouses for weeks before being purchased. This is a good reason to try and purchase food from a farmers market where...
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