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Operations Strategy and Implementation Ryan Amberger, Ashley Balchunas, Rose Devine, Jack Herrill

Operations Strategy and Implementation

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Operations Strategy and Implementation Ryan Amberger , Ashley Balchunas , Rose Devine, Jack Herrill. Mission Statement. - PowerPoint PPT Presentation

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Page 1: Operations Strategy and Implementation

Operations Strategy and Implementation

Ryan Amberger, Ashley Balchunas, Rose Devine, Jack Herrill

Page 2: Operations Strategy and Implementation

Mission Statement

Waffle Works’ mission is to provide consistent, high quality food and service that give customers a unique

experience where they can customize what, when, and where they eat.

Page 3: Operations Strategy and Implementation

Core Competencies

Waffle Works

Strong Supplier Relationships

High Quality Products

Strong Customer Relationships

Well-trained, Efficient Workforce

Page 4: Operations Strategy and Implementation

Environmental Scanning

Competition

Page 5: Operations Strategy and Implementation

Target Market

Environmental Scanning

College Towns- 18-27 Up and Coming Families- 27-35

% that desires all-day breakfast

46%% more likely to seek

healthy options

50%% that say breakfast

tastes better at a restaurant

53%

1. Freedom 2. Convenience 3. Low Cost

Page 6: Operations Strategy and Implementation

Environmental Scanning

Order Winner & Competitive Priorities

Flexibility & Low Cost

Customization Consistent Quality Low Cost

Page 7: Operations Strategy and Implementation

Process

Operations Strategy

Small Batch Process

High Flexibility

High Customization

Low Automation

Enlarged Resource Capability

Page 8: Operations Strategy and Implementation

Equipment & Inputs

Operations Strategy

Page 9: Operations Strategy and Implementation

Suppliers

Operations Strategy

Low Prices Convenient Location Fast Delivery Speed High Quality

Waffles- V&H Corporation BVBA Fruit- Del Carmen Foods

Toppings- Candy Warehouse Dairy, Poultry- Turkey Hill Farms

Other Drinks- Rosemont Beverage

Page 10: Operations Strategy and Implementation

Quality Strategy

TQM Periodic Testing Quarterly Meetings

Page 11: Operations Strategy and Implementation

Demand

PopulationStudents- 21,942

Radnor Residents- 30,878

3.5%

1871 Customers per Week

Page 12: Operations Strategy and Implementation

Queue Management

National Waffle Day is August 24. It celebrates

the first waffle iron patent in the U.S.

The word ‘waffle’ originated from the Dutch word for ‘wafer’

“A waffle is like a pancake with a syrup trap.” – Mitch Hedberg

“And in the morning, I’m making waffles!”- Donkey (Shrek)

Page 13: Operations Strategy and Implementation

Inventory Management

Inventory Category Frequency of Ordering

Perishable Weekly

Semi Perishable Bi-Weekly

Non-Perishable Monthly

Page 14: Operations Strategy and Implementation

Pricing

Breakeven Price- $2.19 per customer(85% Profit Margin)

Base Waffle Price Price per Topping

$3.50 $0.25

Page 15: Operations Strategy and Implementation

Questions?