7-Eleven's Supply Chain
7-Eleven's got convenience stores - 25,000 across the world. Their North American operation consists of company-owned and franchise-owned stores -- 5,800 in total. The other stores around the world license the 7-Eleven brand -- 10,000 in Japan, 3,400 in Taiwan and 6,000 scattered in other countries. They're successful, and they do this by keeping the entrepreneurial spirit of a mom-and-pop shop -- in quite contrast to the industry drum that Wal-Mart beats. 7-Eleven realizes that local managers know their neighbourhood a lot better than they ever could, and allow them the flexibility of determining their assortment and replenishment needs. Where corporate 7-Eleven does come in though, is managing their suppliers, their relationship and demands placed on those suppliers. 7-Eleven knows what is selling in each store, hour by hour thoughout the day -- all of that data feeds a 7 (not kidding) terabyte data repository, from which analytics can be run to sift information that is used to strengthen bonds with suppliers and lower costs throughtout the chain. Now think of that next time you need to run to the 7-Eleven for something in an emergency.
7-Eleven's got convenience stores - 25,000 across the world. Their North American operation consists of company-owned and franchise-owned stores -- 5,800 in total. The other stores around the world license the 7-Eleven brand -- 10,000 in Japan, 3,400 in Taiwan and 6,000 scattered in other countries. They're successful, and they do this by keeping the entrepreneurial spirit of a mom-and-pop shop -- in quite contrast to the industry drum that Wal-Mart beats. 7-Eleven realizes that local managers know their neighbourhood a lot better than they ever could, and allow them the flexibility of determining their assortment and replenishment needs. Where corporate 7-Eleven does come in though, is managing their suppliers, their relationship and demands placed on those suppliers. 7-Eleven knows what is selling in each store, hour by hour thoughout the day -- all of that data feeds a 7 (not kidding) terabyte data repository, from which analytics can be run to sift information that is used to strengthen bonds with suppliers and lower costs throughtout the chain. Now think of that next time you need to run to the 7-Eleven for something in an emergency.
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