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Essay On Wegmans

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Businesses everywhere are having to deal with current trends in both products and services. Society today being very fast pace and demanding instant satisfaction with retailers and online service providers, there can be many complications that arise with different features we see in industries today. We see that consumers want large variety, fast check outs, and comforting environments as they shop throughout different types of stores. This is specifically true for grocery stores. According to their official website, Wegmans is a regional supermarket chain with over 90 stores catering the northern part of the east coast. This company possesses many assets, including over 47,000 employees, multi billion dollars in annual sales as of 2015, and is currently holding the 33rd position in the top 75 supermarkets based on sales volume. (Wegmans, 2016, para. 1) With such a large number of assets, there are a lot of moving parts to keep this company running effectively and efficiently. To understand how Wegmans has become so profitable in recent years, one must take a closer look at their operations management. With Wegmans …show more content…

By exposing some of the weaknesses in Wegmans current systems we will be able to determine what changes they could make in order to improve their efficiency. Inventory management is currently the biggest struggle facing the company. Implementing strategies to help improve their techniques in inventory management, such as a stronger point of sales system, greater capacity planning, and application of the ABC approach could prove very beneficial to the overall operational success of the company. Throughout this paper we will highlight some of the issues within Wegman’s current operational systems, and provide strategies that could help improve their techniques and strengthen the organization as a

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