Preview

Hal's Hardware

Good Essays
Open Document
Open Document
756 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Hal's Hardware
YOU’RE IN YOUR
PANTS, POND.

HAL’S HARDWARE INC
- A CASE STUDY –
SWOT ANALYSIS

STRENGTHS

Hal’s Hardware Inc. have an existing database of their inventory which is updated as new stock arrives. This can be easily applied to a website. Also due to having a database, creating website would be an easy to implement. Also Hal’s Hardware Inc. real-time inventory system makes it easier to track items being delivered and with Hal’s Hardware Inc.’s reputation of delivery proves worth for online implementation.

WEAKNESSES

Hal’s Hardware Inc. is regional, therefore they only have stores (14 of them) in three states. This scope of customers is a weakness because of their competitors such as Home Depot and Lowe’s are not regional Franchise Hardware Stores. Hal’s Hardware Inc. doesn’t have a good business process to deal with a national scale demand. The size of the products that can be delivered directly to the customer is also limited.

OPPORTUNITIES

Hal’s Hardware Inc. can adapt to an online website filled with the items they sell because all of they have a database of all their items they ever had. Hal’s Hardware Inc. will be able to expand their stores as well as apply their demonstrations online, have accessibility, and a will adopt new ways means of attracting customers. Convenience to the customers is especially possible to provide due to the ‘order online and pick-up in-store’ idea.

THREATS

Hal’s Hardware Inc., if developing an e-commerce, will have to consider the factors of their decision. They will be facing immense competitions from larger Hardware industries and e-commerce Businesses who in which has a higher area profile, a vast scope of customers.

With other e-commerce Businesses, the threat of losing manufacturing companies from selling via Hal’s Hardware Inc., and directly selling their products online using e-commerce sites such as Amazon, and other sites with a wide target client coverage.

RECOMMENDATIONS

There are
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Home Depot - Executive Summary
    • 797 Words
    • 3 Pages

    Home Depot - Executive Summary

    The competitive environment for the home-improvement industry is broken into three major players: The Home Depot, Lowe’s and local retailers. They compete with local retailers that specialize in nearly every product and service offering. The Home Depot and Lowe’s are both “all offerings” locations spread throughout North America. Over the past decade Home Depot was stickily focused on expanding the store count and business lines whereas Lowe’s was focused on store count growth and perfecting their supply chain and internal technology.…

    • 797 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Case Study: Kudler Fine Foods Frequent Shopper Program
    • 4523 Words
    • 19 Pages

    Case Study: Kudler Fine Foods Frequent Shopper Program

    Before we can get a system going, we have to look at some of the components we are going to need to make the system work. Kudler has a web site but it will need to be updated and many system changes to for a web based application to be implemented into it. "Internet and Web technologies present an attractive alternative for implementing information systems. For example, consider the problem of data entry and access by an RMO buyer when purchasing items from its suppliers. Buyers are typically on the road for several months a year, often for weeks at a time. A traveling buyer needs some means of remotely interacting with RMO 's supply chain management (SCM) system to record purchasing agreements and query inventory status".( Apollo Group 2004)In this case the internet wouldn 't be an alternative but part of the main process to allow the shoppers to access their account. There will be many things to consider in this process like a SQL data base and types of networks to use for online interaction to commence.…

    • 4523 Words
    • 19 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Notes from Week 3,4 Video Analysis of Cango
    • 374 Words
    • 2 Pages

    Notes from Week 3,4 Video Analysis of Cango

    Front-end Web site needs to tie directly to back-end order filler software to order directly in real time, linked to inventory data…

    • 374 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Upscale Markets-Value Creation In A Mature Industry
    • 1290 Words
    • 6 Pages

    Upscale Markets-Value Creation In A Mature Industry

    In this case, Blake Ives, the CEO of Upscale Markets, was at a crossroad of whether start to build an online store to seek further growing profit. Upscale Markets was a seven-store local grocery chain in Dallas, TX. Ives was inspired by the huge success of a virtual store project in subways running by Tesco named Home Plus in Korea. They showed the products visually by using monitor in subways and allowed people purchased items and got delivered by simply using their phone to scan the QR code under the item. Ives gave a call to his friend who was enjoyed online grocery shopping for a few years named Cantera. Cantera gave Ives many advantages through his experience on Rice Epicurean. Camtera said that he save a lot of time on grocery shopping and finally get rid of this burden. Rice Epicurean had two ways for online customers to get their purchased products. Based on the system provide by MWG, they could prepare the in store pick-up and home delivery. Benefited form the on-line shopping system, many grocery stores gain huge profit and earn lots of market share. MWG could easily implement this whole system within two weeks to forty-five days according to the situation of the specific store. However, even though online shopping would bring customer increase and purchase increasing pre customer, still, there would be potential risk on implement on-line shopping system. For example, how to fit the tastes of customer of foods to gain customer satisfaction? How to dealing with the additional request of customer whether it is reasonable or not? Moreover, facing on the dot-com meltdown of 2000-2001, many giant online shopping…

    • 1290 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    QRT2 Task 2
    • 2107 Words
    • 9 Pages

    QRT2 Task 2

    Combining a solid e-commerce solution with a strong online presence can take a business to heights not imagined before. The online presence allows stores to reach out to potential customers and market their products to those who may otherwise be unaware of a stores existence. Throughout the rest of this paper we will look at a small company located in Lakeland, Florida.…

    • 2107 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Good Essays

    CIS 410 Cases
    • 1015 Words
    • 4 Pages

    CIS 410 Cases

    Home depot is the world’s largest retailer of home improvement and construction products and service. It was founded in 1978 in Atlanta, Georgia. At the beginning, when they first started they were more concentrated in expanding. They were forgetting about one of the most important parts in organizations, the IT and the IS. They had a weak IS, and the IT was an afterthought for years. Due to lack of IT and IS they had lagging in the IT and also had old equipment which decrease employee’s productivity. In Order for home depot to improve, they had to do critical changes and invest millions of dollars. They had to upgrade IS to improve in-store technology, improve their website in order to capture the attraction of those customer who browse online before going to the store (e-commerce). With all the money that Home depot had invested in IT/IS, they were able to buy numerous quantity of a handheld device called ‘First Phone” to replace their old in-store computers. With this device they are able to scan items while waiting in line, it also has a credit card scanner that provides a faster checkout. Also, another improvement was that from being a brick-and-mortar company they became a click-and-mortar, one of reasons were because of an app that they developed (mobile commerce).…

    • 1015 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    What Is Costco's Business Model?
    • 2694 Words
    • 11 Pages

    What Is Costco's Business Model?

    6. Evaluate the recommendations you made in Q5 and select one or two optimal ones.…

    • 2694 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Good Essays

    rwt task 1
    • 483 Words
    • 2 Pages

    rwt task 1

    Recommendation • • • • The basis for our companies retail website can be based from the current website. Picture and product descriptions are currently available in soft copy as these items are used in our current catalog. Our top selling products should be listed on comparison websites. Store Kiosks will be available to consumers for ordering items not located Disadvantages of Online…

    • 483 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Supply Chain Management Case Study: Griggs Sporting Goods
    • 475 Words
    • 2 Pages

    Supply Chain Management Case Study: Griggs Sporting Goods

    This program was put in place to connect with online users, improve inventory utilization, and to increase the speed of products that are shipped directly to customers. As the logistic coordinator, I enhanced the supply chain and distribution capabilities by installing an end-to-end supply chain management suite of software applications from Oracle. The software is linked to all of distribution centers to better manage and control the flow of inventory that is directly shipped to the retail stores. Also, the technological software tracks domestic and international freight and ensures that merchandise that is brought in is sorted and distributed within 48 hours. More importantly, this system accounts that no inventory sis stored at our distribution centers and it allows customers to purchase items online and pick them in store the next…

    • 475 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Cvs - Web Strategy
    • 1551 Words
    • 7 Pages

    Cvs - Web Strategy

    handle for online purchases, building brand awareness and increasing traffi c and sales on the…

    • 1551 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Better Essays

    Competitive and Market Analysis
    • 1194 Words
    • 5 Pages

    Competitive and Market Analysis

    As technology continues to take shape, E-commerce continues to advance and people are getting drawn into the sector. This is due to the diverse benefits aligned to the system because the transactions are conducted in a…

    • 1194 Words
    • 5 Pages
    Better Essays
    Read More
  • Better Essays

    Best Buy Marketing Strategies in a Difficult Retail Environment Essay Example
    • 1277 Words
    • 6 Pages

    Best Buy Marketing Strategies in a Difficult Retail Environment Essay Example

    Best Buy was once the “go-to” store for electronics. This organization expanded from the U.S. market to a multi national retailer in 2001. Best Buy has squashed its competition for over four decades. Circuit City eventually declared bankruptcy, while Fry’s Electronics and Hhgregg are minor players in the electronic retail market. With the advent of e-commerce, as opposed to brick and mortar competition, Best Buy has been struggling to compete in a new marketplace. This paper will discuss the three different generic strategies that businesses should implement to gain the competitive edge. It will also go over the population segmentation that Best Buy uses to market its products and services, and how segmentation is changing due to internet sales. Lastly, some improvements to Best Buy’s strategies will be introduced for them to remain a competitor in the online retail market.…

    • 1277 Words
    • 6 Pages
    Better Essays
    Read More
  • Good Essays

    Jill S Table Case Study

    • 486 Words
    • 2 Pages

    Jill S Table Case Study

    This would mean the Jill’s Table must develop an online store that is linked to the existing website. This would allow the company to reach a substantially higher amount of consumers, and in many different geographic regions. However, this new online presence could take away from the stores critical success factors, which are superior customer service and product knowledge.…

    • 486 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    Essay for MSP
    • 921 Words
    • 8 Pages

    Essay for MSP

    This SWOT analysis and company profile is a crucial resource for industry executives and anyone looking to…

    • 921 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    David Jones
    • 2778 Words
    • 12 Pages

    David Jones

    Technological: Major technological improvements have resulted in an increase in web-enabled business. These e-commerce businesses have the potential of reaching to every single consumer in the marketplace and thus reducing the geographic boundaries that physical stores face.…

    • 2778 Words
    • 12 Pages
    Powerful Essays
    Read More

Related Topics