Using the attached, discuss possible ways that Checkers can utilise to evaluate and select a supplier? Expand answer if possible please. Checkers targets growing pet care market with more standalone pet stores in South AfricaRetailer Checkers plans to open 12 standalone Petshop Science stores by the end of 2021 as it sets its sights on a growingpet market. The Shoprite-owned group has already opened 10 Petshop Science stores in the last seven months, offeringfood, toys and other pet products at supermarket prices. As part of the new branding, Checkers has also launched what itcalls the cheapest pet insurance product in South Africa', pointing to the country's booming pet economy as moremillennials opt to adopt pets instead of having children."We saw a gap in the market when it came to pet care, and following the great customer response to the first PetshopScience, we've been hard at work rolling out more specialist pet shops," said Checkers chief operating officer WillemHunlun.*Our aim has always been to bring customers everything their four-legged companions could want and need - atsupermarket prices."Checkers opened its tenth Petshop Science store in Eden Meander in George on 6 December, with two more storeopenings planned in the Western Cape and KwaZulu-Natal in mid-December. Petshop Science forms part of a growing pushby the Shoprite group to expand beyond its traditional grocery market. This includes the recent opening of the first CheckersLittle Me baby store, a smaller format Checkers Foods store, as well as the new MediRite Plus pharmacies.

Answered: discuss possible ways that Checkers can…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Using the attached, discuss possible ways that Checkers can utilise to evaluate and select a supplier? Expand answer if possible please.

Checkers targets growing pet care market with more standalone pet stores in South Africa
Retailer Checkers plans to open 12 standalone Petshop Science stores by the end of 2021 as it sets its sights on a growing
pet market. The Shoprite-owned group has already opened 10 Petshop Science stores in the last seven months, offering
food, toys and other pet products at supermarket prices. As part of the new branding, Checkers has also launched what it
calls the cheapest pet insurance product in South Africa', pointing to the country's booming pet economy as more
millennials opt to adopt pets instead of having children.
"We saw a gap in the market when it came to pet care, and following the great customer response to the first Petshop
Science, we've been hard at work rolling out more specialist pet shops," said Checkers chief operating officer Willem
Hunlun.
*Our aim has always been to bring customers everything their four-legged companions could want and need - at
supermarket prices."
Checkers opened its tenth Petshop Science store in Eden Meander in George on 6 December, with two more store
openings planned in the Western Cape and KwaZulu-Natal in mid-December. Petshop Science forms part of a growing push
by the Shoprite group to expand beyond its traditional grocery market. This includes the recent opening of the first Checkers
Little Me baby store, a smaller format Checkers Foods store, as well as the new MediRite Plus pharmacies.

Expert Solution

Concept

The processes carried out by the supplier will have a great influence on the success of the entire procurement and distribution chain. The supplier selection activity must determine the simplest supplier efficiently and effectively with strong competitive prices. If the company does not make the projection optimal, timely decision then the remainder of the procurement process may lack.

The factors that should be taken into account while selecting a supplier are:

• Culture - It covers values & beliefs
• Cost – It covers price, Total Cost of Opportunity
• Value – It is the value for money and value generation opportunities
• Response to change – In terms of orders and products