What new approach could be used by alliance

Assignment Help Operation Management
Reference no: EM131248093 , Length: 3

Alliance Supermarket and Point-of-Sale (POS) Systems

Read the "Alliance Supermarket" case study

Alliance Supermarkets has been using a point-of-sale (POS) system for some time to track its inventory. The system uses a laser scanner to read the universal product code (UPC) on each item at the checkout container. The UPC is a number that uniquely identifies the product on which it appears. Currently, Alliance is using the UPC information to update inventory records for each item. Although the system has greatly improved the company's ability to replenish inventory promptly, the company still has some problems. For example, sudden changes in demand for a particular item can catch the company by surprise as it bases inventory replenishment on historical demand patterns. Further, demand patterns and preferences may vary from one store to another depending on the customers served by each, but the inventory system groups all demand information together and treats each store equally. Finally, the manufacturers that make the products stocked by Alliance Supermarkets are always pressuring Alliance to help them target appropriate customers for special promotions and sales.

The chief information officer (CIO) of Alliance realizes that much more could probably be done with the data collected from its POS system. For example, the company could analyze the relationship between each product's sales and weather patterns. It is even possible to analyze an individual customer's buying habits and identify instances in which a customer may be persuaded to try a different brand of a certain product.

Suppose you have been asked to study this situation and suggest possible new and innovative uses for the information generated by the POS system. Ideally, these ideas should help Alliance better serve its customers by ensuring that adequate quantities of each item are available, that costs are kept low, and that customers are made aware of new products that may interest them.

1. What information may help Alliance reduce costs while providing better service?

2. If purchase information can be obtained on individual customers, what new approach could be used by Alliance?

For this assignment be sure to address the following points:

Study this situation and formulate new and innovative uses of the information from the POS system.

Ideally, these ideas should help Alliance better serve its customers by ensuring that adequate quantities of each item are available, that costs are kept low, and that customers are made aware of new products that may interest them.

Describe any information that may help Alliance reduce costs while providing better service.

Propose a new approach that could be used by Alliance by using the purchase information that can be obtained on individual customers. Assess ethical and privacy considerations of information gathered from the POS system or purchased items.

Your paper should be in paragraph form (avoid the use of bullet points) and supported with the concepts outlined in your text and additional scholarly sources. Submit your three- to four-page paper (not including the title and reference pages).

Your paper must be formatted according to APA style as outlined in the Ashford Writing Center and must cite at least three scholarly sources in addition to the textbook.

Reference no: EM131248093

Questions Cloud

Career portfolio development : At this point, you are going to prepare for potential interviews. For this assignment, research common interview questions for IT career opportunities, and post your opinion on the following question.
Redo the analysis of the schleifer vishny model : Redo the analysis of the Schleifer-Vishny model with this modification, and determine the sign of the investment externality.
Personal and organizational solutions : Create a 8 - 12 slide power point that discusses whether cognitive overload is a problem in work or education. What personal and organizational solutions can you recommend for this problem?
Examine the company''s current positioning strategy : Select a current product or service with which you are familiar. This product will be used to pitch a new integrated marketing communication and marketing mix to a client who is the marketer or producer of the product.
What new approach could be used by alliance : Ideally, these ideas should help Alliance better serve its customers by ensuring that adequate quantities of each item are available, that costs are kept low, and that customers are made aware of new products that may interest them.
Starbucks social media campaign : For example, using the search terms "Starbucks social media campaign" in an internet search engine such as Google.com, Yahoo.com, or Bing.com will return results of several articles discussing Starbucks 'use of social media.
Discuss eastern religion and contemporary ethics : How is this religion responding to challenges (e.g., the rise of critical and scientific methodologies) in the modern world? What has changed about the roles of women in the religion over time? Discuss eastern religion and contemporary ethics.
Show that at the optimal contract assets are resold : Assume for simplicity that the contract between firm 1's investors and the entrepreneur can be contingent on the realization of ρ0. Show that at the optimal contract assets are resold.
Interacting and communicating with other people : Interacting and communicating with other people is part of daily life. This includes face-to-face conversations, conversations over the phone or other mobile devices, and conversations through social media.

Reviews

len1248093

10/19/2016 3:38:22 AM

For this assignment be sure to address the following points: Study this situation and formulate new and innovative uses of the information from the POS system. Ideally, these ideas should help Alliance better serve its customers by ensuring that adequate quantities of each item are available, that costs are kept low, and that customers are made aware of new products that may interest them. Describe any information that may help Alliance reduce costs while providing better service. Propose a new approach that could be used by Alliance by using the purchase information that can be obtained on individual customers. Assess ethical and privacy considerations of information gathered from the POS system or purchased items. Your paper should be in paragraph form (avoid the use of bullet points) and supported with the concepts outlined in your text and additional scholarly sources. Submit your three- to four-page paper (not including the title and reference pages). Your paper must be formatted according to APA style as outlined in the Ashford Writing Center and must cite at least three scholarly sources in addition to the textbook

len1248093

10/19/2016 3:38:11 AM

Finally, the manufacturers that make the products stocked by Alliance Supermarkets are always pressuring Alliance to help them target appropriate customers for special promotions and sales. The chief information officer (CIO) of Alliance realizes that much more could probably be done with the data collected from its POS system. For example, the company could analyze the relationship between each product's sales and weather patterns. It is even possible to analyze an individual customer's buying habits and identify instances in which a customer may be persuaded to try a different brand of a certain product.

len1248093

10/19/2016 3:37:36 AM

Alliance Supermarket and Point-of-Sale (POS) Systems Read the "Alliance Supermarket" case study in Chapter 10 of your text. Alliance Supermarkets has been using a point-of-sale (POS) system for some time to track its inventory. The system uses a laser scanner to read the universal product code (UPC) on each item at the checkout container. The UPC is a number that uniquely identifies the product on which it appears. Currently, Alliance is using the UPC information to update inventory records for each item. Although the system has greatly improved the company's ability to replenish inventory promptly, the company still has some problems. For example, sudden changes in demand for a particular item can catch the company by surprise as it bases inventory replenishment on historical demand patterns. Further, demand patterns and preferences may vary from one store to another depending on the customers served by each, but the inventory system groups all demand information together and treats each store equally.

Write a Review

Operation Management Questions & Answers

  Each especially achieves each of the below four goals

Can you describe how each especially achieves each of the below four goals?Some of your responses may  contribute to more than one goal. Be specific and be thorough. Do not generalize. (Bullets and numbered lists would  be great.) Use the terminology..

  Find the range of values of c1

Find the range of values of c1 fir which the current basis remains optimal.

  What is the average amount of inventory on order

A Cold Inc. is a frozen food distributor woth 10 warehouses across the country. iven Tory, one of the warehouse managers, wants to make surenthat the inventory policies used by the warehouse are minimizing inventory while still maintaining quick deli..

  Illustrate what does the chart tell you

Construct a c-chart for test errors also set the control limits to contain 99.73percent of the random variation in test scores. Illustrate what does the chart tell you.

  The analysis of current strategy and competitor analysis

The analysis of current strategy and competitor analysis you conducted last module impressed the senior vice president. She now needs you to delve into the brands and analyze them by conducting a business unit analysis and presenting your findings..

  Planning and capacity planning at smitheford pharmaceuticals

Government regulations have impacted the site planning and capacity planning at Smitheford Pharmaceuticals. NAFTA has had an impact on the advantages of the ownership of manufacturing facilities in Canada.

  List the series of steps involved in converting rural land

a). List the series of steps involved in converting rural land into development. b). Indicate the points in this process where actions of government agencies intersect with (or influence or exert control over)

  Define lost-time frequency rate and severity rate

Define lost-time frequency rate, severity rate, and incidence rate. Choose the rate you believe best represents safety performance in a company and explain your reasoning.

  Determine if innovative products in transactional leadership

Determine if innovative products, such as Google X, iWatch, or the new Cardboard Bike, can be linked to transformational or transactional leadership. Defend your position.

  What are the schedule and cost variances and indices

A given activity was budgeted to cost $35,000 and consume 10 days. One crew is assigned to the task at a budget of $3500 per day. After 3 days the job is determined to be 40 percent complete. To date, $15,500 has been paid out on the activity. What a..

  What are some of the benefits and risks of outsourcing

What are some of the benefits and risks of outsourcing? How has outsourcing been used, or how could it be used, in your organization? What types of inventory are relevant to your organization?

  Determine the expected number of nonconforming units

Determine the expected number of nonconforming units that will result from a production run of 20,000 units. Assume that all previously stated conditions regarding the process remain as described during the production run of 20,000

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd