Company Logistic Analysis, Drawbacks, retail stores
Home Depot is one of the largest retailers of home improvement products and services. The company has over 2255 retail stores across 50 states in the U.S. The company employs more than 300,000 employees. The company is listed on the New York stock exchange and in the doe Jones. The company enjoys good revenue. In the finical year of 2011, the company made a profit of 3.9 billion and their gross sales were up to 70.4 billion. The company's stocks enjoy good ratings and trading in the stock exchange. The dividends paid for the stocks are good and shareholders enjoy many benefits that come with the strength of the stocks (Burritt).
In the year 2010, home depot bought a portable device technology. This technology is aimed at easing the process of stocking shelves. It also allows them to keep an eye on customers no matter which part of the store they are in. this has helped a lot in improving customer service. The company is an all rounded company. This is because when customers have money, it allows them to do home improvements more often. This stocking technology has allowed home depot to make huge profits. This technology helps them in knowing which products have been lifted from the shelves and need replacement. Because of the positive feedback that they are receiving because of this technology, it is safe to assume that they will invest more in these types of technology. The company is also searching for new technology that will help them stock their shelves better.
[...] Home depot has opened new call centers in Utah and Georgia simply to have a more personalized connection with the customers. All these centers have been opened in the last financial year. This has played a major role in increasing the earnings and profit margins for the company. In additions, new wits such as the new arrangement system for secondary and centralized return to seller process has more than 57% of all labor hours dedicated to customer services and by the end of the financial year of 2013 the labor hours will have reached 60%. [...]
[...] Home Depot: Corporate Expansion and Image Improvement. Web Burritt, Chris. Home Depot's Red beacon Expands ‘Do-It-for-Me' Services. Web September Home Depot. Annual financial report 2012. Web December 2013. http://phx.corporate- ir.net/phoenix.zhtml?c=63646&p=irol- reportscurrent Whitfield, Paul. Don't Let Housing Trend Dictate Stance on Home Depot. Web. [...]
[...] This makes demand very high for home depot products. With the current systems that the company uses to restock, the company is unable to meet the demand and supply of the products. Home Depot has survived many storms. When there was an economic crisis Home depot earnings were very strong. Trimestral EPS progressed and most lately 23%. The returns grew from to in the last financial year. An analyst's project that in the financial year, ending in 2014, there will have a 20% growth in earnings and growth in revenue. [...]
[...] Company Logistic Analysis, Drawbacks, And Recommendations Project definition The purpose of this paper is to analyze home depot shelf stock rate. The paper will also state critical factors to the success of the company. In addition, it will state the company's drawbacks when it comes to shelf stock rate. Recommendation to improve this will be stated and explained. Company overview Home Depot is one of the largest retailers of home improvement products and services. The company has over 2255 retail stores across 50 states in the U.S. [...]
[...] The company's new drive is an effort to guarantee clients of the company's obligation to better value and service dedicated focus. Advertisements and announcements display common people getting gratification by completing home development responsibilities with the aid from Home Depot. Principal Advertising Officer specified that the company would conquer the market by doing what it does best. Presuming that, the company can progress its outlook through advertising and actual vicissitudes to grow store value and in customer provision. The company would have additional than the bulk needed to get back to the competitive status and achieve an increased corporate growth rate. [...]
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