Azalea Seafood Gumbo Shoppe is a seafood company which specializes in 5 seafood products. The company has a just-in-time production process helped increase cash flow and kept costs low. However, because of their JIT production process they have very little inventory and often do not have any cases of gumbo available for individuals who stop by. The opportunities for Azalea Seafood Gumbo Shoppe are endless.
Azalea Seafood Gumbo Shoppe in A Case Analysis Essay 1.
Provide appropriate strategic and financial analysis to support above response to question by including the following. Strengths Azalea Seafood Gumbo Shoppe has a competitive advantage of producing one of the best tasting, high-quality gumbo.
The company is based in Mobile, Alabama, where there is a big market for seafoods and seafood-based products. Another advantage is that they were among the first to start selling readily prepared seafood gumbo.
Azalea is one few gumbo producers, so the competition, relatively, is not stiff. And although there is indirect competition provided by other supermarket products, Azalea has proven that their product sells.
In addition to that, chain buyers are comfortable with their pricing. This factor contributes to their difficulties in finding reliable food brokers. Whenever they take on a supplier agreement, the risk of huge losses are always there. Although this keeps the costs low, they are not able keep adequate supplies for walk-in jobbers or buyers.
Every retailer and food establishment in the country can potentially sell or make use of their whole line of products. Profits are significantly affected by product placement, and as such, unfavorable placement means a decrease in sales.
Although they have few competitors in the gumbo arena, everything else in the market poses a threat because they can be serve as substitutes to the product.
Another kind of threat is the employment of unreliable workers and unsound management practices. Read also about Neptune Gourmet Seafood v. Notwithstanding the losses they incurred inthey have experienced a modest, but steady infusion of growth in terms of revenue.
Their sales are also stable ever since the new owners took over the company. So far, their current accounts with WalMart and its subsidiaries as well as other large supermarket chains make up a huge chunk of their net profits.
This, however, can still greatly increase if they can get those companies to grant them a nationwide distribution. The highest return on their investment depends on their ability to increase profits by about 5 to 10 times.
This kind of development would also enable them to acquire large provider contracts from the big-time companies and food distributors. This change would require them to borrow capital, but since they company has shown a solid, stable performance since its inception, this would not be a problem.
This is useful in comparing their profitability to that of other companies in the industry. It shows how many dollars of revenue they can generate for each dollar of assets they have.
Since the ratio is near the value of 1, it means that they can pay most of their debts at any given time, although they may require a small loan to pay all.
A lower ratio would mean that a company may have trouble coming up with liquid assets. A high leverage ratio means that they have large debts.
What are the 4 most important prioritize them key strategic issues facing Azalea, as they look to the future? Discuss them in the following order: The Most Important Issue i. Explain its importance, but do not make recommendations or solutions here! This may influence the decisions of food brokers and distributors, and greatly factor whether or not they can land big accounts with corporate distributors.
Provide examples from the case reading to support assessment. A larger facility made especially for food processing can also make them USDA certified which will allow them to add new products. Explain what will happen and whenif the issue is not addressed. If a competition with a larger business enters the market, the company may be eclipsed, resulting in loss of profits, and worse, bankruptcy.
Inadequate Production Abilities and Capabilities:Introduction 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/5(1).
Azalea Seafood Gumbo Shoppe is a Carrier truck company located in Theodore, AL. The company's officialy registered name is Gumbo Bros Inc, and it is doing business as Azalea Seafood Gumbo Shoppe. Azalea seafood gumbo shoppe 1. Presented by: A. Kamali M. Bakhtiari M.
Golshani M. Valaei H. Mohammadabadi 2. History Mission and Vision Industry and Competitive Analysis Opportunities and Threats Key Success Factors Internal Analysis Strengths and . Executive Summary The objective of this paper is to do an analysis and assessment on the growth opportunities available to Azalea Seafood Gumbo Shoppe (the ‘Company’), one of the largest producers of ready to eat gumbo with annual revenues of more than $1 million.
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Enter a word (or two) above and you'll get back a bunch of portmanteaux created by jamming together words that are conceptually related to your inputs..
For example, enter "giraffe" and you'll get . Azalea Seafood Gumbo Shoppe and the Value-Added Seafood Industry Azalea Seafood Gumbo Shoppe was established in Mobile, Alabama in 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/5(9).