Cold Storage Singapore Introduction The name “Cold Storage” is iconic and has a unique story in the corporate histories of Singapore. Established in 1903, the Company had a small depot that stored and sold mainly frozen meat from Australia and hence the name. From that, it has grown to become the premier retail player in Singapore. From 1965, Cold storage adopted the concept of multiple retailing to achieve economies of scale, for which it carried out bulk buying activities and distribution of food products to a network of stores throughout Singapore and Malay Peninsula. Cold Storage excelled in the manufacturing of condensed milk and other milk products such as UHT milk, Magnolia soft drinks and soya bean milk to serve the ever changing consumer taste buds. In 1993, Dairy Farm International Holdings, who had plans on expanding its operations in Singapore, acquired Cold Storage with its 11 stores at that time. Cold Storage’s primary strategy remains unchanged even now. Its vision is to always cater to customers’ unique needs. Cold Storage started the Fresh Food Distribution Centre in Singapore back in 1999, once it realized the importance of guaranteed freshness for food items. This distribution centre is a composite multi-temperature warehousing for fresh and frozen food distribution During its initial days the Company's primary concern was to have a quick and profitable turnover of its imported meats and range of products. Later Cold Storage shifted its system from counter-services to self-services and introduced the supermarket to Singapore. Cold Storage was the first supermarket retailer in Singapore to install a fully integrated cold chain distribution system from supply chain to store level to ensure the safe handling ... ... middle of paper ... ...y have an edge over its competitors. Threat It faces a threat from its competitors like Fairprice and Sheng Siong. The greatest threat it faces is from NTUC Fair Price which caters to middle and low class customers and have a very wide customer base. NTUC Fair Price has over 100 outlets in Singapore which is the biggest threat to Cold Storage which has close to half the number of outlets. Singapore which is a comparatively densely populated city and people prefer going to outlets more often than do the consumers in US. People in a normal household would visit and shop for grocery two to three times a week. This puts Fairprice at an advantage over Cold Storage since the presence of these outlets is much more. Also Fairprice offers similar range of products and similar levels of freshness and hygiene but at lower prices when compared with Cold Storage. (PWC, 2005)
This chapter includes all research into the current state of the art. Section 2.2 details the history of refrigeration, the refrigeration cycle, and the various types of refrigeration equipment available and most commonly used. Section 2.3 discusses the refrigeration and freezing of various products. Section 2.4 provides information on programmable logic controllers (PLC). This section includes a brief history of PLCs, how they work, different programming languages used and some commonly used instructions. Section 2.5 describes various types of signals used in control including digital, analog, serial, fieldbus, and SCADA.
By putting the warehouses in strategic locations, you provide better access to those customers in more remote locations. By taking advantage of this, Under Armour will not only expose itself to new customers, but will be able to continue to dominate the athletic performance apparel industry.
Supermarkets are destination outlets for day to day household requirements - both food and non-food.
Happy Hat, a U.S. national chain of frozen yogurt stores with about 500 stores in 40 states is asking for assistance with its business processes. The average number of visitors per store has held constant over the past several years, but revenues per store are down by an average of 10%, and many stores are no longer profitable. The client suspects that a large amount of inventory is being thrown away unused at the end of each day. At the same time, customer polling suggests that the yogurt flavor customers want is often not available, even when the flavor is posted on the menu. People also complain about stores being closed when they visit. Now, the chain is facing increased competition from frozen yogurt sold in 24-hour grocery stores. Happy
Key success factors in this industry include on time delivery, quality product, and brand recognition. Supermarkets and restaurants cannot afford to have shelves sit empty for even a moment. For a company in this industry to succeed it must have a model that allows for on time delivery. This must combated by the cost of keeping inventory levels to high, and the risk of wasting inventory that is no longer fresh enough to be sold. Forecasting product demand is critical for any company in this industry to have enough inventories to supply, without creating profit eating w...
At the age of seventeen, Fred Deluca decided to open a submarine sandwich shop as a way to help pay for his education of becoming a medical doctor. Dr. Peter Buck offered Fred a $1,000 loan and became his partner and 1965 the first Subway store was opened in Bridgeport, Connecticut. They learned through experience how to run a business, with the integrity of serving a high quality product, and providing excellent customer service. Today, Subway is the world's largest sandwich chain with more than 41,000 locations around the globe. The goal is to serve the highest quality foods, and make sure everything produced meets the safety standards from the time it is grown, to when it is put into a sandwich. To insure this, sustainable agricultural practices such as cover cropping, and crop rotation this restores nutrients and minimizes pesticide and fertilizer use. With thousands of restaurants throughout the world, subways supply chain needs to be sustainable and efficient in order to cut costs. Many vendors and suppliers worked with Subway to add or move locations closer to our distributors, and we have implemented many re-distribution centers which help reduce emissions, and provide lower shipping costs. Subway has a Distribution Operational Efficiency program that’s purpose it so find ways to ensure all traveling routes and techniques are optimized, and all the trucks are shipped with full loads to reduce mileage, and be as efficient as possible. Recently, Subway has introduced a process in the United States that consolidates all orders of equipment into a single shipment for new restaurants, and restaurants being remodeled. This helps eliminate excess packaging, and unnecessary non-value added activity at the building site. Subway...
This case study will address many issues facing Wawa in an attempt to make the store better able to meet and surpass consumer expectations. The first problem is the biggest problem that faces any retail business, shrinkage. Wawa food department receives food and then sells it. Because of universal food handling regulations as well as a commitment to consumer safety, Wawa will not sell any products that are out of code meaning past its expiration date and time. Any food that is out of code and thrown away is at a cost. Different products have vastly different profit ratios.
by the Russian immigrants of Irving and Kenneth Herman. The brothers never thought that this business would grow big and even pursed other careers, but with the Great Depression, they continued the small beginning that they started and opened the first Jumbo Food Store. From that time on, it continued to grow and by 1978, the warehouse format was implemented where Brand products are the only one being sold, but the catch is, it is sold for a lower price compared to the other supermarkets in the area. This strategy spanned the curiosity of the market and they gobbled up the idea. This presents the notion that they are getting more than their money deserve because of the Brand that is attached to the label. This new change also brought a new branding to the store, dropping the Jumbo and adopting the Shoppers Food Warehouse name.
If you’ve ever seen the Austin Powers movie I’m sure you remember the part where they cryogenically freeze Austin and then thirty years later thaw him out to save the world. While we all know Austin Powers isn’t real, I’m sure you wondered if this freezing could be done in real life. Today we will look at what exactly cryonics is, what businesses claim to provide it, the procedure and its risks.
Supply chain management is the management of the flow of goods. It consists of the movement and storage of raw materials, inventory, and finished products from the point of origin to the point of consumption. It has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." Supply chain management has strategic implications for any company, identifying the required performance measures on most of the criteria is essential and it should be an integral part of any business strategy . Thus, the food supply chain and its management as essential to the agriculture and food industry and the market.
Coolcargo and Frito-Lay implemented technical solutions for agricultural-products transportation following customers’ requirements. Coolcargo developed a transport-system for maintain fresh asparagus at controlled temperature from production site in Thailand to final destination in UK (UOL, 2013). Frito-Lay developed a global agile supply-chain for manufacturing and distributing salty-snacks to end-customers that allows processing agricultural-products in less than 24 hours for flavor guarantee (PepsiCo, 2013).
Local Inventory. Another approach is to have all inventory available at the store at all times. This allows for the centralization of cooking capacity. The main risk is obsolete inventory and the need for extra space.
The concept of grocery stores and supermarkets industry is an idea that has been created in order to make easier human`s life. According to the study “The Evolution of the Supermarket Industry From A&P to Wal-Mart” by Ellickson, who explains that a century ago people had to jump from one store to another store in order to get different products such as milk, meat, bread and other products. In addition, in the article “Understanding Groceries Industry” by The Reinvestment Fund, they state that back in a day the concept of grocery stores was created based on the owner`s store needs. Later on, as the development of the society and the standards of customer needs increased, the owners of the grocery stores started to be more focused on their customer needs. Also, the study of “Understanding Groceries Industry” shows that the supermarket and grocery stores industry is in their mature stage as they have developed an extensive and solid customer service.
Nowadays, refrigeration and freezing had become the most popular method for food preservation. It is a desirable way to preserve food because at low temperatures which around –10°C to –25°C, chemical reactions very slowly thus it will make the bacteria in food hard to survive.
Metro Holdings Ltd is a multi-national company that operates two major business segments, namely Property Development and Investment, and Retail. This report explores the retail arm of Metro, which manages three department stores and four specialty “accessorize” stores in Singapore, and another five department stores in Jakarta and Bandung, Indonesia.