Explain strategic business plan, Operation Management

Assignment Help:

You have been working for some time at Unique Shoes, a local shoe store that specializes in unusual shoe designs and custom fitting. Currently, customers come to the store to select their shoe designs and have their measurements taken for the custom fitting. The shoes are then manufactured by a supplier in another state and shipped to the store for pickup by the customer. The owner, Bill, is very interested in expanding his successful business. He has just bought Sassy Shoes, a shoe store in a good location across town, and has hired a store manager. He plans to continue selling the brands of shoes that the Sassy Shoes has been selling, but he wants to add his "unique shoes" to that store's offerings. Bill's research shows that, in addition to all of the online sources for shoes, there are many other local stores that sell shoes: outlets for major shoe store chains, mall stores that carry popular brands, small outlets and specialty shops, and department stores. While Bill has been keeping all his records of orders and sales on paper, the records at Sassy Shoes are located on the manager's PC in Excel files. Bill realizes that he must treat the two stores as a single business, with one set of accounts, one billing system, etc. He thinks this is also a good time to stop using paper records for his orders and sales. Bill really hopes to continue to expand his business by buying other shoe stores, but he will need good information about his current businesses to know when he should make his next acquisition. He has asked you to help him develop the business strategy and IT Plan to accomplish his goals. You know that there are methodologies for analyzing the business environment and that there are multiple ways to expand the business. You also recognize that IT is an important component for achieving that goal. 1. Explain Porter's Five Forces Model and how Bill can use it to analyze his current business and his expansion. Be sure to address each of the 5 forces and explain to Bill what they mean for his business. 2. Based on your analysis in 1, select one of the five forces and explain how Bill can incorporate his analysis of that force into his Strategic Business Plan (SBP).


Related Discussions:- Explain strategic business plan

Explain your role as an employee of an organization, Describe your role as ...

Describe your role as an employee of an organization in the IS field. Give examples of what you need to know about information systems and how it can help with your job performance

Supply chain management, explain the extend to which SCM is applicable to a...

explain the extend to which SCM is applicable to a service operation like Cruise int.

How might the imposition of a quota on cell phones impact, Nokia Corporatio...

Nokia Corporation, headquartered in Finland, is a world leader in the cell phone industry. Because much of Finland is heavily forested and sparsely populated, it is difficult and e

Operations management and globlization, Briefly explain operation managemen...

Briefly explain operation management and globalization

Describe customer service level for an inventory system, Discuss customer s...

Discuss customer service level for an inventory system within the context of quality management

Explain major components of information management, Discuss the five (5) ma...

Discuss the five (5) major components of information management / information technology (IM / IT) governance with a focus on how they will collectively improve the quality of heal

Compute a tracking signal or determine whether the forecast, The following ...

The following are monthly actual and forecast demand levels for May thur December for units of a products manufactured by the N. tamimi Pharmaceutical Company Month Actual deman

Oprations process design, what is operation process design ? what are the i...

what is operation process design ? what are the important factors that effect a process design

Explain forecast equipment usage, A dry cleaner uses exponential smoothing ...

A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of c

Explain common challenges of managing projects, Discuss common challenges o...

Discuss common challenges of managing projects and the value of effective management to an organization

Write Your Message!

Captcha
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