Tag: 7-Eleven

Outsourcing Conveniently Aligns Retailer’s Operations with Competitive Business Strategies | Article

Outsourcing Conveniently Aligns Retailer’s Operations with Competitive Business Strategies | Article

A few years ago, the typical 7-Eleven® store had a myriad of electronic devices that were not connected. For example, cash registers were not linked to the fuel pumps, which forced clerks to manually enter fuel sales into the registers, slowing the process and missing impulse sales. The situation prevented 7-Eleven from maximizing its profitability. Nor could the store managers effectively manage inventory; there was no way to know with certainty which items were moving well and which ones were simply taking up space. Shelf space in a small store is at such a premium that allowing five or 10 items to sit unsold for a week affects the bottom line.