Kudler Fine Foods Problem Statement
University of Phoenix
Kudler Fine Foods Overview
Kudler Fine Foods is “a premiere gourmet grocery store for savvy shoppers who are searching for the finest meats, produce, cheeses, and wine” (2003, p.3). Although without experience in the industry, Kathy fulfilled her vision of establishing her own gourmet food store in La Jolla. The business has been so successful she opened two other locations in Del Mar and Encinitas. Amongst all this growth, Kathy has plans to open another store in Carlsbad, but as it stands now, she already finds herself with little time to manage the existing stores. Kathy is a one woman show. She does everything from managing personnel, inventory control, accounts receivables and payables, even providing services for the catering businesses and interacting with customers. If something were to happen to Kathy, no one in the company would have cumulative knowledge that would allow them to step-in and take over for her.
After evaluating Kudler Fine Foods, it became apparent that one of the issues confronting Kathy is the lack of a management team. She single-handedly fulfils all the management responsibilities including, staffing, inventory control, accounting and finances. With Kathy being solely responsible for all the management duties, Kudler Fine Foods is at high risk if something were to happen to her. With no one else being able to perform the tasks that Kathy does, exposes Kudler Fine Foods business to potential jeopardy.
The vision of Kudler Fine Foods management is to create an organization with strong and reliable financial and operations management to administer the growth and expansion of the company. In creating this culture, Kudler will hire an individual with entrepreneurial traits, extensive knowledge in inventory and cost accounting, thorough understanding of finances and human resources, and possessing exceptional...