anything 100 taka store final
TRANSCRIPT
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Md. Tarik Hassan ID # 2009-2-91-021Joyanta Saha
ID # 2010-2-91-004 Syed Nayeem Ahmed ID # 2010-1-95-028Md. Monoarul Islam
ID # 2010-1-95-009Atikur Rahman Patwary
ID # 2010-1-95-029 Md. Rockyb Newaze Afrad ID # 2010-1-95-111
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Question – 01:
What strategies would you recommend for ATS to further grow in the future?
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Recommended Strategies
• To serve customers as a local store, share best practices and leverage global supply chain.
• Have to stress the importance of talent to develop leaders that will help to become global leader.
• Have to take Price Transparency Strategy in order to become price leader.
• Need to deliver Every Day Low Price business model everywhere.• Needs broad systemic changes in supply chain, regulatory and
consumer awareness, and integrating system to make zero waste, using 100% renewable energy and selling sustainable products.
• For further growth needs warehouse club business through placing its warehouses in rural areas.
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Question – 02:
Would you recommend ATS to go for e-retailing? Why or why not?
No, I will not recommend ATS to go for e-
retailing just now.
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“why” or “why not”
Important matters of the explanation:
• Current situation of ATS• Prerequisites of going for e-retailing • Advantages of going for e-retailing and • Disadvantages of going for e-retailing
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Current situation of ATS
• Operating business nation wide• Providing Low priced quality good or services • Going to open more additional stores in home
country. • Thinking about opening two discount stores in abroad • Strong automated distribution centers all over the
country• Strong online link with its nationwide vendors. • Follows the Just-In-Time method for its inventory
management.
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Prerequisites for e-retailing
• Attractive B2C e-commerce portal.• Right Revenue model.• Strong Internet connection with 24 hrs backup.• Strong Customer Database.• Well designed and attractive E-Catalog.• Comparing tool.• Price calculation system.• A payment gateway.• Strong supply chain.• Strong inventory and distribution system.• Support Services, etc.
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Advantages of e-retailing
• Opportunity to reach new markets.• Overcomes some limitations of the traditional market.• Helps to collect data about customer behavior• Overcomes the barriers of time and space. • Sheer convenience• Wider customer choice• Better value• Unique gifting opportunity• Saves time and strain• Micro targeting• Mass personalization• Know customer preferences• Integrated source of information.
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Disadvantages of e-retailing
• May lack know-how and technology• Substantial set-up, investment and ongoing cost• Complex logistics of fulfillment• Fewer impulse purchases• Legal problems• Pressure on margins and prices in-store• After-sales care difficulties It has no theatrical ambience
which can be the customer. • It lacks an emotional shopping experience.• does not provide sensory support to the customer• customers are reluctant to part with their credit card details
on net• lacking in family shopping experience
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Question – 03:
Would it be a right strategy for ATS at this time to expand internationally?
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ATS will expand internationally
• Worldwide acceptance• Efficient top management • Financial strength• Growth• Customer situation• Backward linkage• variety of consumer products
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Question – 04:
Should ATS make further acquisitions?
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Meaning of Acquisition:
A corporate action in which a company buys most, if not all, of the target company's ownership stakes in order to assume control of the target firm.
In order to:o be beneficial to take over an existing firm's operations o to expanding on its own
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• Unique (or strong) market position• The target in a potential turnaround situation• Required skills or experience in management or staff• A geographic expansion• Reduced costs or improved profit• Increase in breadth and depth of product line• Stopping or limiting opportunities for a key competitor
Good reasons for further acquisition:
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Question no 5:
What steps ATS could take if it acquires new firm(s) or expands internationally?
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Some Steps:
• Acquisition of “Family Dollar”• Development of IT Infrastructure• Development of Delivery Process• Open New Stores in Jackson Height and Longsight
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Question – 06:
Develop a 5 year Strategic Plan.
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Expansion Strategy
Marketing Strategy
Supply chain Strategy
Human resource Strategy
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Thank you