ipl-logo

Dymocks Mission Statement

1496 Words6 Pages

Business Name: Dymocks Booksellers
Dymocks is the leading bookseller in Australia and is recognised for quality advice, value for money, professionalism and customer service. Dymocks has been franchising for over 30 years and would like to secure the vacant store in the shopping centre.
Dymocks’ mission statement is “As a family owned business and the oldest Australian owned bookstore, Dymocks prides itself on meeting the leisure, learning and gift needs of all booklovers by offering superior customer service and an enhanced book buying experience.”
Legal Structure
Legal structure of a business determines who shares in the profit and losses, how tax is paid and where legal liability rests. The legal structure of Dymocks will be a sole trader. …show more content…

Operations management needs to be effective by making sure that customers’ needs are being met.
The production process is the act of combining various immaterial inputs in order to create a good or service which has value and contributes to the utility of consumers. Dymocks The Company will support the sole trader in negotiating great terms with major suppliers in order to achieve the best benefits and discounts. Once an order has been put in with suppliers, the order will then be processed and the goods will be created.
The main suppliers that will be associated with Dymocks are:
• Hardie Grant Gift
• RR Donnelley
• United Books Distributers
• Harper Entertainment Distribution Services
• Bauer Books
• Small Press Distribution
Dymocks’ trading hours will be the same as the shopping centre and expected peak hours will be during the weekend:
Monday: 9am – …show more content…

Forecasting will allow the owner to better understand seasonal peaks and troughs, cost of sale and when to place an order for new stock.
To be able to make predictions about the business, the owner will need information on fixed cost, variable costs, historical sales, new contracts and terminating contracts/ staff changes, industry trends, and competitor activity. As Dymocks will be just starting out, obtaining this data will be difficult. Dymocks will be able to develop a forecast analysis by looking at similar businesses, selling similar products in the same region.
Benefits To The Shopping Centre
There are mutual benefits of a potential Dymocks moving into the shopping centre. As there are no current bookstores in the shopping centre, Dymocks will fulfil the criteria of a bookstore, making the shopping centre more diverse. As the centre is a good location, it will draw customers to the bookstore whilst the bookstore may also draw customers to the centre. The introduction of Dymocks will also provide jobs for people, giving the shopping centre a positive

Show More
Related

  • John Wanamaker's 'Land Of The Dollar'

    382 Words  | 2 Pages

    THE FIRST DEPARTMENT STORE Philadelphia was the house of the first department store. Wanamaker’s was at the time the largest retail store in the world. They would sold everything and anything that would give them a profit. The owner of this emporium was John Wanamaker, who was once a Postmaster-General of the Republic who changed that to become a business man and a pioneer in marketing. That is why this emporium caught the attention of a British writer.

    Read More

  • The 519 Mission Statement

    1221 Words  | 5 Pages

    Background The history of the 519 was first established as a community centre for the North Jarvis Community and was used as a space for gay youth in 1976 to conduct a program controlled by the community. Additionally, The 519 became a safe haven for LGBTQ groups during 1982 when Toronto police were conducting bathhouse raids throughout the city. During the 80’s and 90 's, the 519 opened a support group for gay people of colour and requesting benefits to same-sex spouses. The 519 has partnered with many organizations throughout the years such as Toronto District School Board to disclose positive knowledge about children with queer parents, also with the city of Toronto to make sure long-term care homes are LGBTQ friendly.

    Read More

  • Part 2: Occupiers Liability In Australia

    1020 Words  | 5 Pages

    1.Defination of premises of retailers In Australia law, 'premises' is defined as a kind of structures whether they are movable or not and include land , building , any vehicle , vessel and aircraft. Then the premises

    Read More

  • Meridian Water Pump Case Summary

    1206 Words  | 5 Pages

    Month # 1 2 3 4 5 6 Total Forecast demand 600 750 1000 850 750 700 4560 Planned Production 771 771 771 771 771 771 4626 Planned inventory (50) 221 242 13 -66 -45

    Read More

  • Nt1330 Unit 2

    497 Words  | 2 Pages

    To improve network communications between stores, head offices. Combine all stock databases into a single system on head office server, so staff can view the amount of stock and access most recent up to date data. This would drastically improve the communications between the several stores. To achieve this, all the individual LANS (Local area Network) from the stores must be connected to create a Wide area network, thus this WAN can be accessed through Telecommunications lease lines across the internet. Though for PVMS this type of method is expensive, but will significantly benefit from this change.

    Read More

  • SGU Mission Statement

    534 Words  | 3 Pages

    I have a 2.65 GPA currently before I transferred to SGU I had a 3.0 GPA. I believe moving off campus will help me promote the mission because it will help me focus on what matters the most to me which is my academics, communal, and spiritual growth as a Christian. Before I came to SGU I had great grades, doing things for the community, and being able to be with my local church. I wasn't living on campus while at my last school so I could focus more on my school and God. I will explain why this is important to me and for my life to live off campus.

    Read More

  • Woody 2000 Case Study

    1170 Words  | 5 Pages

    10. Forecast the demand for Woody’s products, throughout the project’s life. 11. Ensure that the current production activities are not hampered, while the project activities are carried out. d.

    Read More

  • Industrial Smoothing Case Study

    874 Words  | 4 Pages

    Comparing the error estimates among four forecast methods (total demand): Forecasting method MAD MAPEt TS Range Four period Moving average 13,442 13.19 -10.82 to -1.00 Simple exponential smoothing 16,403 19.32 -5.99 to 6.16 Holt’s model 6,475 7.52 -4.01 to 3.84 Winter’s model 5,227 5.56 -4.62 to 5.99 Table 18: Error estimates for HSG steel sheet total demand forecasting It’s obvious from the table 17 that the two simplest methods are useless for the total demand. This shows that the demand includes a observable growing trend, which make the Moving average method always underforecasts the real demand. Holt’s model and Winter’s model in this case both produce the good result but the Winter’s model proves its superiority due to the lower error.

    Read More

  • Ll Bean Case Study

    1854 Words  | 8 Pages

    Fine Tuning the forecast The method used to forecast the expected sales lacks the input of external data like market condition (recession, boom etc), competitors, changing preferences, change in fashion, demographics etc. Only the internally available data has been used to estimate the demand for next period. The adjustments in the demand forecast can be made according to the following to reduce the chances of stock outs or over stocking: Market Condition:

    Read More

  • Walmart Supply Chain Management Case Study

    995 Words  | 4 Pages

    Through this they could see the real-time product demand, share past data, customer information, demographics, stock position. As a result, they could reduce inventory cost. Lead time was cut down from 21 to 11 days, sales grew by $8.5mn, on hand inventory reduced by two weeks.  Having a centralized system in place Walmart was also able to allow customers to pull merchandise to the store than having the company push its goods on the

    Read More

  • Swot Analysis Of Morrison

    1858 Words  | 8 Pages

    Executive Summary This report analyses Morrisons’ strategic developments since the beginning of 2000s till present time. Some key strategic directions are emphasized taking into account the impact on the business. Morrisons’ acquisition of Safeway, launch of e-commerce and vertical integration model of supply chain are discussed in detail. In addition, the grocers’ competitive advantage is identified as opposed to its big rivals, namely Asda, Tesco, and Sainsbury’s.

    Read More

  • Value Chain Analysis Of IBM

    1674 Words  | 7 Pages

    • Operations: These are the transformation activities that change inputs into outputs that are sold to customers. Here, your operational systems create

    Read More

  • Strengths And Weaknesses Of Operations Management

    968 Words  | 4 Pages

    The purpose of Operations management within an organization is to control the production process and business operations as efficient as possible to achieving overall organizational goal (investopedia.com, 2017). Therefore operation management creates policies, processes and procedures and also use various methods and techniques to maximize profits thus achieving organizational goal. Approaches or Techniques of operation management To improve the operational performance, operation management use various techniques to improve the operational performance. Some of these approaches are: Six Sigma Lean production Queuing theory TQM In this section below some of these techniques or theory has been explained: Six Sigma: Six sigma an effective and significant process improvement theory

    Read More

  • Advantages And Disadvantages Of Supply Chain Management

    771 Words  | 4 Pages

    Coordinate with customer relationship management to identify customer articulated needs 2. Select materials and suppliers in conjunction with procurement 3. Develop production technology in manufacturing flow to manufacture and integrate in to the best supply chain flow for the product/market combination G. Manufacturing Flow Management The manufacturing process produces and supplies products to the distribution channels based on past forecasts. The production process has to be flexible to respond to market changes and Mass Customization must absorb.

    Read More

  • Essay On Importance Of Operation Management

    1486 Words  | 6 Pages

    TASK 1.1 Importance of operation management Operations management (OM) is the business function responsible for managing the process of creation of goods and services. It involves planning, organizing, coordinating, and controlling all the resources needed to produce a company’s goods and services. Because operations management is a management function, it involves managing people, equipment, technology, information, and all the other resources needed in the production of goods and services. Operations management is the central core function of every company. This is true regardless of the size of the company, the industry it is in, whether it is manufacturing or service, or is for-profit or not-for-profit.

    Read More

More about Dymocks Mission Statement

Open Document