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The Biggest Problem that Consumer Value Stores Company Have Essay Example

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The Biggest Problem that Consumer Value Stores Company Have

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The Biggest Problem that Consumer Value Stores Company Have. Streamlining the supply and distribution chain is one of the core competencies that any competitive organization should always seek to have (Silva 2013). Therefore, when the company is faced by such problems that depict its lack of competency is delivery of its products, there are higher chances that the competitors might take advantage of the situation and invade on the company’s market share (Consumer Affairs 2014). In this respect, what then should the company do to save the situation and improve its image to the customers? Since the problem of shortage in supplies or lack of timely delivery is a problem associated with the operational efficiency of the company, it is crucial that the company hires experts in supply chain management, who will enable the company, streamline its distribution and delivery processes.

Further, the company should acquire an efficient supply chain management system, which will, in turn, help the company to schedule and implement its deliveries efficiently (Silva 2013). Looking at the similarities of CVS with other companies, one being the quitting of selling tobacco products to support a healthier nation. The move cost them billions of dollars but other companies followed this suit believing it was for the greater good for both the company and its consumers. Also, after the recession in 2007, most of the companies in the US suffered in sales of their products and services. CVS and Walgreen shared a similarity in making a comeback even after the brutal 2007 recession blow through cutting costs and consolidation. Differences between CVS and other companies will help identify CVS' competition and identify what they may be doing right. Walgreen is CVS' biggest competition with Walgreen having more retail pharmacies and sales. Walgreen has 8100 retail pharmacies while CVS has 7450. Although Walgreen has more retail pharmacies than CVS, CVS has an advantage in the numerous mini-clinics it opened for patient care. Now people can visit a doctor at their nearest CVS pharmacy instead of going to the emergency room which is more expensive. . The Biggest Problem that Consumer Value Stores Company Have.

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