Kudler Fine Foods Problem Statement Essay

The following is a problem statement explaining what is currently premature with Kudlers excogitates on expanding upon, and how they lav improve these plans. Introduction After reviewing the strategic plan for Kudlers o.k. Foods it is obvious in that location atomic number 18 several issues that will hinder the growth and triumph of the organization. The company is suffering from a lack of heed and poor organization planning. The issues that will be discussed ar the poorly real expansion and growth plans, and the lack of lay on the line instruction in forwardness of a competitor entering the market.Problem Statement The management at Kudler Fine Foods is planning on opening a impertinently lay out when all of the current stances are not successful, and the company has not do a proper analysis of the need for their services in the landing field. as well as Kudler is not prepared for factors that may decrease the profitability of the company, or factors that can c ontribute to the failure of a new location. Solution With the Del Mar location not producing profit as expected this is the location management should subprogram to create a market research and analysis plan.By exploitation this location they will be able to determine the factors that are obstructive the success of this location and then develop routes to counteract those factors. The turn a profit is they will improve the dividing line done at that location ahead opening a new location. By researching at factors give care population, socio-economic status in locations surrounding area and health factors in the area can determine what the need are for the companionship. Management should also look to receive where people are purchasing food in the community and what types of food and products are switching at the local grocery.If there are gourmet products selling out of the supermarket than that is a factor that needs to be accounted for. Once the market research is do ne Kudlers management can the contract on a risk management plan. Before a risk management plan can be established they must have a go at it what risk are out there and the market analysis and research will help the company determine what risk and challenges they face. Risk management is a part of a basic bloodline plan, I see where threats are outlined in the strategic plan but there are no alternative plans to minimize each threat nor are there any plans for how to be competitive should a competitor arise.Kudler plainly considers other gourmet shops as competition they should also consider, grocery stores that sell gourmet foods a competitor. Then they should focus on how to maintain their existent book of business. If Kudler developed their website so customers could place orders online that would give them a demeanor to expand while working on the risk management plans and the online ground business would also help with the market research. A high niggardliness of orders coming from a specific location may be an forefinger used to determine where to open a new store.Desired colonisation Kudler Fine Foods will be able to expand all facets of the business and have a risk management plan in place to counter act competition entering the market. Kudler will expand in to locations where they will be successful. Kudler will also have an effective and expeditious model for rising expansion and growth. Conclusion The goal of Kudler Fine Foods is expansion and growth while increasing profit and the current book of business.By doing the extra research and implementing a risk management program in the lead opening a new location will increase the success of all three current locations and ensure the success of any future locations. It will also help Kudler organize and develop other facets of the business like the website. A little extra work goes along way and with the risk management plan in place and a new location market analysis model being used Kudle r Fine Foods should be able to grow and meet all the organizations goals.