Monday, May 25, 2020

Coca-Cola on Operations Management - 1463 Words

| Coca-Cola | Background Dr. John S. Pemberton invented Coca Cola in Atlanta, Georgia in May 1886. Coca-Cola first began selling their product at a soda fountain in Jacob’s Pharmacy in Atlanta. The name came about when Dr. Pemberton’s bookkeeper, Frank Robinson suggested it. He even wrote out the script as seen today on the Coke bottles. Initially, Coca- Cola averaged nine drinks a day in the first year of their sales, adding up to $50 annual revenue. Today products of The Coca-Cola Company are consumed at the rate of 1.6 billion drinks per day and more. The Coca-Cola Company itself not only is a beverage company for one drink but also engages in the manufacturing, marketing and sales of nonalcoholic beverages†¦show more content†¦Quality assurance is how Coca Cola guarantees that it will keep its’ customer base. Coca Cola assures quality by making sure to focus on the four key consumer related components of their product; coca cola’s Ingredients, materials, the bottling process, and the manufacturing process. This way they can regulate every step of the process to keep the people, materials, machines, and ingredients safe while meeting their level of required quality. Coca Cola is a global brand and as such, needs to meet the same standards throughout every manufacturer and supplier. Consistency is one of the brands key strengths and that means Coca Cola needs to be the same product in every bottle, no matter where it’s from. To manage their quality Coca Cola put the KORE system into place. This system holds all operations to the same quality standards and protocols. Coca Cola also installed new managers in three of their divisions to ensure successful direction of the company. Strategies The company’s main strategy is expansion of geography. They plan on acquiring through strategic acquisitions including bottled water companies and springs. In addition they will expand their presence by broadening their geographic footprint through strategic acquisitions. They are dedicated to creating a multi-cultural team. Coca Cola is also dedicated to increasing their demand by updating packagingShow MoreRelateda report of operation management in coca cola Essay example5495 Words   |  22 PagesReport on Coca Cola OPERATIONS MANAGEMENT Report on Coca Cola ANALYSIS OF OPERATIONS MANAGEMENT AT COCO-COLA Contents: 1) INTRODUCTION ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · Company Background Financial Performance Geographic Coverage Organizational Structure Company History Strategic Issues Social and Economic Changes 2) OPERATIONS MANAGEMENT AT COCA-COLA ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · Introduction to Coca-Cola Company Manufacturing process flow chart Emerging trends inRead MoreCoca Cola And Inventory Forecasting1112 Words   |  5 Pages COCA COLA AND INVENTORY FORECASTING Name Submission Date Course Name Institutional Affiliation Introduction Coca-Cola is a multi-national corporation that has its headquartered in Georgia, Atlanta. 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From here, he noticedRead MoreCase Study : Coca Cola Company Essay829 Words   |  4 PagesCoca-Cola is Everything: SCM, CRM, ERP, Social Media, You Name it Dr. John Stith Pemberton never thought that the development of a new idea, the syrup to create a fountain soda, would become a worldwide company. Dr. Pemberton decided to name the syrup Coca-Cola and then went to sell it to Jacob’s Pharmacy, they teamed the syrup with a carbonated water and â€Å"voila† they started selling a soda fountain drink. Dr. Pemberton sold a portion of the business and later on, Mr. Asa Candler acquires the totalRead MoreSwot Analysis Of Coca Cola Company1550 Words   |  7 Pages1. SWOT Analysis of the Coca-Cola Company in Brazil a. Strengths: The biggest strength of the Coca-Cola Company is that, for more than a century, Coca-Cola has reigned as the supreme soft drink market leader. In retrospect, Coca-Cola would seem to be doing very well in Brazil. According to the Thunderbird case, Brazil was Coca-Cola’s third largest operation and, after Mexico, the company’s second largest international market. As of 2003, the Coca-Cola brand (regular and diet) was the leader in theRead MoreManagement Strategy At Coca Cola1619 Words   |  7 PagesManagement at Coca Cola Sandra Lee-Sartor MGT500-Modern Management Dr. McGrath November 21, 2016 Evaluate two (2) key changes in the selected company s management style from the company s inception to the current day. Indicate whether or not you believe the company is properly managed. Provide support for your position. A management style is a complete process of leadership used by managers within Coca Cola. The success that the management team at Coca-Cola has in inspiring its employeesRead MoreCoca Cola Supply Chain Analysis751 Words   |  4 Pages The Coca-Cola Company Supply Chain Student’s Name Institution Affiliation The Coca-Cola Company Supply Chain Introduction The Coca-Cola company is an American multinational beverage company headquartered in Atlanta, Georgia. The corporation is widely known for its leading Brand, Coca-Cola soft drink. However, in addition to the Coca-Cola flagship brand, the organization also has numerous other products and is recognized worldwide in various capacities including as a manufacturerRead MoreGlobalization Promoted The Development Of Productive Forces1037 Words   |  5 Pagestechnology and communications.† (Green, 2016) Coca-Cola is the world’s largest soft drink company. The company is headquartered in Atlanta, USA. The Coca-Cola company is the world-famous pop king, it around the world has more than 500 kinds of products. As the world s largest beverage company, Coca-Cola products sold in more than 200 countries and territories worldwide. Coca-Cola 80% of profits are from international markets. (Hays, 2004) Coca-Cola s global marketing strategy is an important reasonRead MoreCapacity and Demand Planning in Coca- Cola678 Words   |  3 PagesProfile of Coca-Cola Refreshments USA Briefly describe the line of business (product types etc.), noting the type of environment (MTS, ATO or MTO). Coca-Cola is an American multinational beverage corporation that was found on 1892 by Asa Candler and is a manufacturer, retailer and marketer of non-alcoholic beverage concentrates and syrups. Coca-Cola operate in a make- to -stock enviroment. This process can help to provide faster service to customers from available stock and lower costs consideringRead MoreManagement Style Of Coca Cola Essay1510 Words   |  7 Pagesselected company s management style from the company s inception to the current day. Indicate whether or not you believe the company is properly managed. Provide support for your position. Management style is a complete process of leadership used by managers within Coca Cola. The success of the management team has inspired its employees to meet their objectives. There are three main management styles that Coca Cola use, democratic, autocratic and the laissez-faire style. (Coca Cola 2010) The democratic

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