Font Size: a A A

The Business Plan Of An Unmanned Retail Store

Posted on:2018-10-18Degree:MasterType:Thesis
Country:ChinaCandidate:Valentin GalaganFull Text:PDF
GTID:2359330518973348Subject:Business Administration
Abstract/Summary:PDF Full Text Request
The large use of technology facilitates such an infrastructure where the operations from the day by day life become much more efficient and faster.According to this technology growing trend that is manifesting in big and developed cities such as Shanghai,I have identified an opportunity of implementing it into a retail store where the personnel is not needed.Moreover the operations will become much more efficient using big data,with the help and use of technology such as “Wechat” and “Alipay” and other credit card payment methods.I will expand my project with details about my target customer and its profile,what key values,the challenges,the problems and the solutions that this project brings in order to facilitate efficiency and a better way of doing the operations of the business.Reducing the costs and maximizing the profits is a driven part of the business operations.The entrepreneurs are developing new tools and new ways to grow their business and therefore to succeed.My thesis is presenting solutions of the project “Useful” where technology meets supply chain in the retail business,so that the costs are significantly decreased in terms of human resources and management operations.The management of this company comes with a business background and competent expertise and is willing to grow and develop the business in Shanghai and therefore to expend it to other major cities of China.The inter-department relationships is established and correlated by the management,so therefore the control is clearly defined.This has an advantage of flexibility so that the positions in the company's structure such as legal,sales or accounting could be diploid quickly when they are needed.With this project I have seen the opportunity of making profit,by providing this unique experience in the developed cosmopolitan city Shanghai.I intend to create a brand with a strong identity,a clear image and of course integrity into the society where the company is doing its operations,according to the moral values.One of the main strengths that company has is the use of digitalized process that creates easier accessibility to the high-end food and beverage products,mostly from the European market,offered by the company.In addition the company brings efficiency of the purchasing process,so that the service could be perceived modern,technological-advanced and therefore unique.Moreover I could say that a significant inspiration comes from the following quote: “The work of the future will be atomized,with many workers doing pieces of what is today a single job.Here's what that means for your company-and you.” by Thomas W.Malone,Robert J.Laubacher,and Tammy Johns.
Keywords/Search Tags:Technology, Entrepreneurship, Efficiency
PDF Full Text Request
Related items