AN ANALYSIS OF THE UK SUPERMARKET RETAIL SECTOR Case Study

AN ANALYSIS OF THE UK SUPERMARKET RETAIL SECTOR - Case Study Example The industry is structured in a way that the supply chain is well defined. However major players in the sector who control its operation are the consumers, suppliers, distributors. However the retailers dominate this chain of supply in the industry. The main structural feature of the retail sector in the UK is the centralized production and a defined distribution chain. (Griffith and Harmgart, 2008) Sources of supply Due to the diverse nature of products that are sold in the retail industry in the UK, there are also various sources of raw material for the industry. These sources are both national sources and international sources. This depends on the nature of the products that are being sold in the industry. There are those raw materials which can be sourced from within the nation but there are others that will have to be important. Although some raw materials can be sourced within the UK, the supply does not equal the demand and hence the industry is forced to import from other countries. Most of the manufactured products are sourced from within the local industry. There are various industries in the UK which produced at a competitive rate in the market. However other sectors like the food sector imports most of its raw material since the UK is not endowed in some of the agricultural products. Most of the agricultural products that are produced in the tropical region are imported into the retail market in the UK which forms another supply chain. Agricultural products like tea, flowers, coffee, and other horticultural products and not produced in the UK and are imported from countries like India, Kenya, and from other countries. The service sector in the UK has been seeking services of professionals...As a result there has been increased demand for goods at the retail level. One of the peculiar characteristics that have been witnessed in the UK retail industry is the change in loyalty that customers had earlier held to certain brands of commodity. Apparently, there is a change in the way customers are buying goods and the increased entrance of many players in the retail market has affected the way retail traders conduct their business. Increased competition has seen increased innovation in the industry with shops struggling to hold customers. Customers to the retail industry include those coming from the middle class. Apparently the middle class has been described as the driver of economies since it takes less measures in the way it consumers. Improved economy has seen increased income in the middle class which ahs continued to change with the changing global culture. Like in all other countries, the tide of globalization has brought a change in the culture of the people and more and more people are becoming conscious of what the market can offer. The global culture has also changed towards a spending culture and more and more people are spending in the market. Apparently there has been increased demand in some product while there is decreasing demand of other products.

Creative Exercise Essay Example | Topics and Well Written Essays - 500 words

Creative Exercise - Essay Example Instead, the government will rely on the business license renewals, sales taxes, real estate taxes, and other non-individual tax revenues for its operation. I will lead them into a world where education is of the utmost importance and yet costs the parent very little to spend on. It wont be hard to do this because the child will be home schooled by their parents, using the internet as the basis of their classroom setting. Standardized testing of the child will be done by the Department of Education thus, only the testing fees shall be charged as additional government revenue. The test will be the prerequisite to moving on to the next level of education just as in a regular school. The world that I envision is one where people will not want nor lack for anything because all the taxes collected shall go towards providing with public with as much free services as possible. This will include free medical services with nominal fees charged for major operations and procedures. Mine shall be a world with a government that is down-scaled because only the most necessary government offices shall be in place. Redundancy will not exist because government agencies will know how to multitask in the service of the people. The Utopian world that I shall lead the people to will take them back to the simpler times when people grew their own food and farming was the proud way of life that people used to sustain themselves. It is a world where sharing is the key to survival , not money. Of course I shall lead them towards this type of world and lifestyle to the best of my abilities. Whether I successfully lead them or not will depend upon whether they are willing to make sacrifices in order to achieve the utopian society that I will strive to create for everyone