Sassy shoes needs to stay competitive and profitable in the shoe industries. In order to do this they will need to analyze the business environment to determine the strategies they will need to implement. To do this they will use Porter’s Five Forces Model.
• Threat of Substitute of Products or Services – This helps us to see what threats could exist with other shoe stores in the area would have over the two stores when they merge together. We need to look to see if they have an existing loyalty to major brands that we don’t …show more content…
b. An Inventory Control System would give Bill and manager’s real time information to help with inventory, placing orders online, track invoicing, and payments. A bar code system allows Bill and managers the opportunity to log into inventory faster and more accurately. Customers will be able to place orders and have them shipped directly. Once the order has been placed the system will remove it from inventory, so that it cannot be sold to another customer.
c. Enterprise Resource Planning ties all aspects of the business processes together electronically. All levels of the business will be able to function as one unit. All parts of it will be able to be monitor individually and also as a unit, which helps in the strategic planning for current and future business decision.
6. If Bill decides to enter the world of eCommerce, which of the eCommerce models (B2B, C2B, B2C or C2C) would you recommend to him as a best fit for his business and how would it benefit his business?
Bill needs to compete with other online shoe stores and in order for him to do this he will have to participate in business-to-consumer eCommerce. He will be able to reach out to an enormous amount of customer’s thorough virtual market. His