shot in the dark
DESCRIPTION
Shot in the Dark. Steve Agretelis Erica Gambardella Thomas O’Neill Will Magrann. Environmental Scanning. Kelly’s Taproom The Grog Grill Maloney’s Pub Erin Pub IT’S ALL THE SAME!!! . Shot in the Dark Overview. Novelty Shots bar Unique menu Exciting customer experience - PowerPoint PPT PresentationTRANSCRIPT
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SHOT IN THE DARK
Steve AgretelisErica Gambardella
Thomas O’NeillWill Magrann
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Environmental Scanning
Kelly’s Taproom The Grog Grill Maloney’s Pub Erin Pub IT’S ALL THE SAME!!!
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Shot in the Dark Overview Novelty Shots bar
Unique menu
Exciting customer experience
Club style with large dance floor and local DJs
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Core Competencies Menu/Atmosphere – specialty drinks, dance
floor, dynamic decoration
Bartenders/Service – efficient and enthusiastic bartenders, clean, customer involvement
Payment system – Shot Card, reduces waiting time, temporary paper cards available, mobile application
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Market Analysis Target Market: college students and post grads Market Segments: males and females
Different preferences Order Winners:
Shots bar for pre-gaming, unique customer experience Unique menu DJ and dance floor Highly skilled bartenders
Competitive Priorities Keep customers at the bar past 11:30pm/midnight Offer new seasonal or celebratory shots for special
events
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Description of Processes Core Competencies:
Variety of shots Interactive and unique atmosphere Prepaid machines
How do we translate materials and services into outputs for customers to ensure these core competencies provide value to customers
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Process Strategy Process Structure (Service Process and
Product Process) Customer Involvement Resource Flexibility Capital Intensity
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Process Service/Product Structure Product Structure
Our focus is narrow in the fact that we will only serve shots
the selection is highly customized because of the many options we have on the menu
Unique Presentation and name of shots http://www.youtube.com/watch?v=uv9gE8Ny1qs
seconds :50-1:35 Service Structure
Process divergence and flexible flow due to the high customer contact and interaction
However, services are standardized to ensure high level of quality and consistency
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Customer Involvement Presentation of Menu
Name of shot clearly visible Shot themes/types in detailed bartender
menu Prepaid cards to increase efficiency and
ease Customer interacts with ATM or online
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Capital Intensity Relatively low capital intensity Services and products depend on the
ability of the employees to Numerous functions, flexible flow, fluid
scheduling Volume Flexibility
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Quality Lean Environment 5 S’s Sort, Straighten, Shine – employees arrive
early to ensure clean, efficient, and familiar environment
Standardize – same process for every order Sustain – management responsibility
Shot Card Feedback – questionnaires, ability for customer to earn complimentary drinks, continuous improvement
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Suppliers• Fine Wines & Good
Spirits• Costco• Bulkbarproducts.com
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Inventory Management
• Periodic Review System
• Review Period• Target
Inventory Level
• Adapted to Circumstances
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Demand Management Judgmental Forecasting
Customer volume: 150-200 Product Demand: average 4 drinks per
person, 600-800 total drinks per night (median: 700)
Time Series Forecasting 2-week moving average to predict next
week’s demand
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Initial Order 500 bottles of liquor 6 house liquors: vodka, rum, gin,
whiskey, scotch, tequila Order 50 of each, with the exception of
vodka (70) (50*5) + (70*1) = 320 Mixture of less common types of liquor
180 Mixers (non-alcoholic beverages)
Sodas, juices, syrups, etc.
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Variable Costs
Expected Profit of $2.32 on each Shot
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Pricing Competition’s Pricing $3 Tip Included