Professional Documents
Culture Documents
Operation Management
Operation Management
Operation Management
STRENGTH WEAKNESS
Recognition as the second largest No HALAL logo on products that
convenience store retail chain in are imported
the world High cost for E-commerce
Multiple outlets upgrade
Open 24 hours a day
Good relationship with suppliers
OPPORTUNITIES THREATS
Increase in demand High competition with other
Technology based service(robots) convenience store
Tight labour market
Table 1: SWOT Analysis
Based on the SWOT analysis of the convenience store, the strength of the
organization is the position as the second largest convenience store retail chain in the
world. This allows more recognition ad more support from the customers as they are
aware that this convenience store is globally recognized. It also has multiple outlets
around the world which enhance the reputation of the company. The brand image and
reputation lasting adds the point for customer attraction to choose this convenience
store.
This is because most of the products are offered. Thus, the customers who are
Islam does not prefer to buy due to HALAL issues. There is also another weakness
where the need of high cost for E-commerce upgrade. The convenience shop needs
huge capital to fund for E-commerce based upgrades to sell online.
On the opportunities aspect, there in increase in demand as there is growing
demand for the products. This raises the demand and supports the business of
convenience stores. To add this point, being the second top convenience store, they
had gained the fund for implementing robot in the business operations. This is another
opportunity for the convenience store to grow and be competitively advantage.
The threats available based on the analysis is the competition which is huge due
to the convenience store where most of the competitors apply similar strategies
resulting in large competitions. There is also labour issue where they face tight labour
shortage due to tight labour market.
Question 3 :
Seven quality control (7QC) tools can be used as the tools for quality
management (TQM) such as the flow chart, cause-effect-diagram, check sheet, Pareto
diagram, histogram, scatter plot and control charts. These TQM tools can be used in
all process phases, from the beginning of a product development up to management of
a production process and delivery (Neyestani, 2017). By using these TQM, the
organization analyzes the problem and its potential causes. The organization then
propose a solution and developed a plan to test and improve the problem.
For FamilyMart Co., the suggested TQM tool are such as the flow chart, cause-
effect-diagram, scatter plot and check sheet. These methods are suitable to monitor
it’s performance. The process on how to apply each tools are briefly described below:
Procedures:
FamilyMart Co. Has to first draw out the flow chart in order to determine the
proposed solution to solve issues such as defect on the name, expiry date and product
description.
Procedures:
FamilyMart Co. Has to use the cause-effect-diagram to analyze the root causes that
results in issues such as defect on the name, expiry date and product description.
FamilyMart Co. May use scatter plot to assess the opted solution has decreased the
defect in the product offered. his scatter plot provides details on the improvement of
the problem based on the proposed solution. Actions are performed according to the
set time period in the planned space. Action should be in accordance with the planned
plan.
Procedures:
FamilyMart Co. May use check sheet to assess the defect on their products such as
name, expiry date and product description. They can use this check sheet every 2
weeks to analyze the quality of the product offered and assess whether the solution
implemented is working or not. Assessment is done with certain systematic methods.
Assessment results or data are analyzed. This can measure the effectiveness of a plan.