Anything 100 Taka Store Final

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Transcript of Anything 100 Taka Store Final

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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