This provided the impetus for them to transition to the value-added seafood industry. Office of Constituent Services.
If we look at the picture 1 and 2 in the appendix section we can observe a constant increase in the demand for the seafood products which is bigger than supply and constantly increasing consumption of the seafood products.
Although the company can meet current product orders, they are still being limited by their current facilities with regards to accommodating huge volumes.
An alternative would be to put up shop in a commercial district without necessarily expanding their facility. The company changed hands once before Mike Rathle, John Addison, and Bill Sibley who would soon sell his part of the company to Mike and John took over ownership.
His position should partially compensate non-functional collaboration with food brokers and on the other side increase the number of new customers and keep better product placement in the shelves.
As they accumulate more accounts Azalea will begin to build a strong presence in the market. However, it is predictable that if this employee would be able to get new contracts those would produce more money than his salary and other operational costs.
Increase finished goods and decrease of the raw materials in the inventory. They also successfully worked to market their product and establish relationships with their customers. The highest return on their investment depends on their ability to increase profits by about 5 to 10 times. Gumbo sales in supermarkets account for abut 90 percent of their total revenue, and distribution to restaurants, which accounts for 10 percent, is expected to grow in the next couple of years.
Growth in the first moths may be a little slow due to the possibly steep learning-curve, but I expect that production will stabilize in the long run.
Stricter quality guidelines would also prevent another mishap like the incorrect labeling incident from happening. The only threat of this solution is orientation on ordinary customers not restaurants towards other products available in the supermarket chains.
Annual per capita consumption report.
The Most Common Driving Forces of the Industry Reductions in Uncertainty and business risk- Emerging industries are generally characterized by unproven cost structure, much uncertainty over potential market size, how much time and money will be needed to surmount production problems and what distribution channels to emphasize.
As such, they should get a bigger production facility. Adding to their product selection can also boost their revenue.
Moving to a new facility and training for new equipments may slow down production for a while.Azalea Seafood Gumbo Shoppe wishes to develop a strategic plan to maintain long-term growth and sustain a competitive advantage.
For Azalea to accomplish this, they will need to consider the options presented here. Included is an analysis of Azalea 's problems and issues to address, along with. Azalea Seafood Gumbo Shoppe Introduction Found in approximately supermarkets and restaurants, Azalea Seafood and Gumbo Shoppe is among the largest producers of ready-to-eat gumbo with annual revenues in of more than $1 million.
Azalea Seafood Gumbo Shoppe was established in Mobile, Alabama, in by Pat Lodds. The shop offered customers fresh snapper, grouper, flounder, and shrimp caught in Mobile Bay and the Gulf of Mexico, but Azalea differed from its rivals by also selling prepared seafood gumbo that could be taken home for dinner.
Answer Preview: Case Analysis: Azalea Seafood Gumbo Shoppe in Background The case is about one of the nation’s largest producers of the ready-to-eat gumbo – Azalea Seafood Gumbo Shoppe.
Within a period of only 12 years, Azalea Seafood Gumbo Shoppe transformed itself from a small local retail food shop to one of the largest producers of gumbo in the U.S with sales of more than one million dollars. Azalea Seafood Gumbo Shoppe – Case Analysis Essay Sample. Azalea Seafood Gumbo Shoppe is in a stage when development of a complex business strategy is needed because of insufficient use of production capabilities, need for a bigger market share and financial results that cannot satisfy owners needs.Download