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Assignment - Woolworths Supply Chains
MGMT5121 - Logistics Management
2 Found helpful • 19 Pages • Essays / Projects • Year: Pre-2021
The Australian retail industry consists of almost 140,000 retail businesses (Productivity Commission, 2011) with a very few major players in the supermarket industry; and the key players are Woolworths Ltd., Coles Group Ltd. and others, e.g. ALDI, Metcash/IGA, Foodworks, AUR/Foodworks, SPAR Australia and Macro Wholefoods (Alam and Majumdar, 2011). The retail industry is one of Australia‘s largest employers. T here are about 1.2 million people (10.7% of the total working population) employed in this industry (Productivity Commission, 2011). Businesses in this industry retail widest choice of groceries and non-specialized food lines, including fresh fruit s & vegetables, bread & pastries, cigarettes, canned goods, toiletries, dairy goods, deli items, and cleaning merchandise (Alam and Majumdar, 2011). The retail industry is a significant contributor to the Australian economy, generating $53 billion or 4.1% of GDP (Productivity Commission, 2011). In Australia larger businesses in retail (i.e. large supermarkets) are generally more profitable than smaller businesses and enjoy better returns on capital than their overseas counterparts, and the supermarket industry is now dominated by two large chains, Coles and Woolworths (Cotterill, 2006).
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