In: Operations Management
Form groups of three or four people, and appoint one member as the spokesperson who will communicate your findings to the whole class when called on by the instructor. Then discuss the following scenario
You and your partners are thinking about opening a new kind of sandwich shop that will compete head-to-head with Subway and ThunderCloud Subs. Because these chains have good brand-name recognition, it is vital that you find some source of competitive advantage for your new sandwich shop, and you are meeting to brainstorm ways of obtaining one. 1. Identify the product attributes that a typical sandwich shop customer wants the most. 2. In what ways do you think you will be able to improve on the operations and processes of existing sandwich shops and achieve a competitive advantage through better (a) product quality, (b) efficiency, or (c) responsiveness to customers?
1.
Sandwiches are
standard, affordable, convenient, often consumed – and normally out
there. over ever, it's vital for sandwich operators to showcase
their conspicuous choice.
The good
news is that customers nowadays are verily willing to pay
additional for his or her sandwiches to urge that distinctive
expertise they're searching for. This expertise will be provided by
that specialize in premium product and providing customizable menu
things to draw in customers and win them over from
competitors.
40% of yank
millennials powerfully agree that everyone chain operators supply
terribly similar sandwiches, creating it necessary for your
sandwich search to repeatedly supply new varieties or additional
distinctive sandwich flavors that aren’t out there
elsewhere.
As the want
for additional premium experiences continues to grow, quality is
one in all the foremost vital attributes once customers select a
sandwich – solely second to style.
Healthier
ingredients or healthier sandwich choices encourage the hungry
crowd to decide on sandwiches additional usually – each reception
and out and regarding. 1 / 4 of yank customers say they'd be
additional probably to shop for and pay additional for product with
health-halo descriptors like ‘high-protein bread’ and ‘hormone-free
meats’.
Alternative
sandwich ingredients, like plant-based proteins and egg-free salad
dressing peak consumers’ interest. constant goes for attributes
like ’natural ingredients’
Also, the
younger generation of sandwich customers area unit probably to like
specialty bread and artificer ingredients in their sandwiches over
commonplace product.
2.
I will be ready
to improve on the operations and processes of existing sandwich
retailers and accomplish a competitive advantage through higher
responsiveness to customers. Sandwiches bring our most beloved
foods along — bread, cheeses, meats, veggies, and condiments —
creating it simple for sandwich look operators to customise the
expertise in step with consumers’ tastes or to supply
“build-your-own” choices.
Operators
gayly supply this flexibility: simply over 1/2 yank operators say
that giving customizable sandwiches on their menus is very
important, whereas common fraction of sandwich operators presently
supply build-your-own sandwiches.
2/3 of all
sandwich orders in America are being made-to-order, as well
as twenty two % orders that are changed from existing menu things.
This shows that customers clearly wish some management over their
sandwiches. However, they're typically happy to easily tweak basic
sandwiches from the menu.
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