Friday, September 13, 2019
Grocery gateway Essay Example | Topics and Well Written Essays - 1000 words
Grocery gateway - Essay Example In addition, there is the value of chain, a description of the supply chain, competitors, and competition strategy. Lastly, there are various Information Communication Technology tools and components used by the business. Grocery Gateway This is a business located in Canada and consists of a group of entrepreneurs. The main reason for the business was that because people recover things, it is worth establishing a business and combine ideas to accomplish various goals. Longo Brothers Fruit Market Inc is a family, which dominates the actions in Grocery Gateway. They are the employees of the business whose primary aim at maximizing profits and distributing it to all family members. It looks forward to increase the number of registered customers. It offers online services to improve the entire process. The main business involves rental trucks that were few at the start of the business. Grocery Gateway offers transportation services to its consumers (Tallevi, 2013). Description of the sup ply chain in Grocery Gateway Selling of products from the business to the consumers requires a better chain of supply. This is vital to maintain the profits and ensure that the sales do not decrease. Tallevi (2013) indicates that Grocery Gateway sells its products through online engines. There is an established Web site online, which is responsible for ensuring that the necessary information is available to all willing buyers. This is also necessary for growing businesses within a society. Competitors to Grocery Gateway For the running of any business, there must be competition from other businesses offering similar products and services. Competition helps business entrepreneurs to scrutinize the services and products in such a manner that they will of a higher quality as compared to those of the competitors. The competitors to Grocery Gateway business are principally the supermarkets. Most of the supermarkets offer products same as those sold by Gateway Grocery. This creates an env ironment where all entrepreneurs have to meet their set targets. This then calls for strategies that when used, Grocery Gateway will not operate under a negative effect of the competition (Tallevi, 2013). Strategies used by Grocery Gateway to compete Desire for an improvement in the business operations is significant in that it determines the effectiveness of the business. For instance, Grocery Gateway aims at integrating and coordinating several services with intent to have unified web site tasks. Longo Brothers being aware of what the business requires to fit in the business world turns to various systems to increase efficiency in route selection (Tallevi, 2013). Gateway strives though to an increased number of customers, who are the determinants of the sales made per day. There is online registration, which is the best and quicker way of registering buyers. Another way of hindering a negative result of competition as depicted by Gateway is through the opening hours. This is impor tant especially for late night operation. Longo Brothers through online communication stated that the grocery operates under a twenty-four hour basis. This is significant in ensuring there is unlimited number of customers. Importance of the competition strategies Strategies applied by entrepreneurs are the determinants of the survival of the business within the market. For instance, improved customer relations leads to an increase in the number of potential buyers, which is a major source of
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