Ben E. Keith Foods Essay

Ben E. Keith Foods Essay

Length: 932 words (2.7 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Ben E. Keith Foods does not manufacture or assemble any of the products they sell. They work directly with many manufacturers and, in some cases brokers, to procure the products they offer to their customers. They are considered to be distributors and operate in a break bulk fashion. Ben E. Keith places orders for individual products in large quantities, often full truck loads, and the warehouse is stocked according to inventory thresholds set for each product based on weekly demand. When orders are received, the products requested by each customer are pulled by warehouse personnel, in the quantities requested, and combined into shipments of mixed product to be delivered to each customer.
Ben E. Keith must find ways to add value to the value chain since they do not produce any product in-house. They start by deciding what products to stock and offer their customers. If their customers are looking for multiple products and Ben E. Keith only stocks some of them, their customers will likely go elsewhere in order to buy all of their products from one supplier. They also purchase products in multiple grades so that the customer can choose the quality of the product they purchase. For example, there are many grades of cooking oil. Some customers are concerned with the quality of the oil and take no less than the highest quality oil regardless of the cost, while others are more concerned with cost and will buy the cheapest oil even though it is lower quality. By stocking multiple grades, Ben E. Keith can add value to every customer depending on their needs.
Another way Ben E. Keith adds value is by providing break bulk and re-packaging services. If this service was not provided, many customers would not be able to buy their...

... middle of paper ...

... that they do use several other metrics to gauge their breakeven point. They simply use pre-calculated thresholds as a guideline on an order by order basis. For instance, the ERP system at Ben E. Keith reflects the cost of each item in their inventory. When a salesman receives an order from his customers, the price he charges them is left to his discretion. The rule of thumb is that the salesman can sell some items at a low margin and others at a higher margin as long as the overall gross profit is at least 15%. They have found that if all orders average a 15% gross profit they will be profitable. A second metric that they use to ensure profitability is that they require each order to generate a minimum profit of $100. This is what they consider to be their breakeven threshold, which covers all of their costs and allows them to enjoy at least a modest profit.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Ben Johnson's Life and Accomplishments Essay

- When you think of British poets you quickly think of William Shakespeare. But, did you know that Shakespeare was not the only famous and successful play writer during his time. In fact, there were hundreds of famous British writers we do not hear about. One of Williams Shakespeare biggest competors was the successful Ben Jonson. Jonson was one of the most extravagant poetic that ever lived. He was known for his humorous plays, poems, and literary critics ( Ben Jonson was born June 11, 1572 in London, England (   [tags: british poets, ben johndon, british poems]

Better Essays
867 words (2.5 pages)

Essay on Organic Foods vs Processed Foods

- Food has been a common source of necessity in our everyday lives as humans. It helps gives us nutrition and energy to live throughout our life. Over several decades, the development of making foods has evolved. They have changed from natural to processed foods in recent years. Nowadays natural ingredients are barely used in the making of foods like bread, cheese, or yogurt. The food industry today has replaced natural food making with inorganic ingredients. The cause of this switch is due to processed foods being easier, cheaper and faster to make....   [tags: Organic vs. Non-organic Foods]

Better Essays
1172 words (3.3 pages)

Organic Foods vs Processed Foods Essay

- Marcus Aurelius, stoic philosopher, and roman emperor said, “Everything you hear is an opinion, not a fact. Everything you see is a perspective, not the truth.” Countless companies in the US encourage families to try out their appealing foods, but it seems these families are not interested in knowing what is in the food they’re consuming. People should avoid prepackaged foods. People should be avoid prepackaged food because it can be artificial. An artificial food consists of several materials and ingredients to replicate the appearance of a real food....   [tags: Organic vs. Non-organic Foods]

Better Essays
1131 words (3.2 pages)

Central Themes of Gilbert Keith Chesterton's Essay 'In Lying in Bed'

- Central Themes of Gilbert Keith Chesterton's Essay 'In Lying in Bed' Gilbert Keith Chesterton was one of the greatest English authors ever to live. He wrote many essays and novels. He had much time to do this because he was a large man and could not move around easily. In Gilbert's essay, "In Lying in Bed" his deep understanding of humanity clearly evident. He speaks informally and rambles like the common speaker does. In my analysis I will describe and explain the central themes of Chesterton's essay....   [tags: Gilbert Keith Chesterton]

Free Essays
290 words (0.8 pages)

Marketing Strategy Of Whole Foods Essay

- ... This as well increases the organizations market file because Whole Foods is now having a large market. Diversification is a corporate strategy in terms of companies expanding their businesses. This action plan benefited Whole Foods in expanding it market internationally in Britain (Simpson, 2008). Location and positioning of natural and national food chains that were well established and bought through acquisition by the organization added to its success. Great customer and employee loyalty by one bought chain had gain a great reputation....   [tags: Organic food, Whole Foods Market, Whole foods]

Better Essays
847 words (2.4 pages)

Essay on Business Analysis of Ben and Jerry's

- Business Analysis of Ben and Jerry's Introduction: Overview of the Case The corporation of Ben and Jerry’s first began on May 5, 1978 in a small town called Burlington located in Virginia. The founders of this ice cream parlor were Ben Cohen and Jerry Greenfield with only limited funds of $8,000, they produced a famous nationwide parlor that caters to millions of people. Specialty flavors of Chocolate Chip Cookie Dough, Cherry Garcia, Rain Forest Crunch, and frozen yogurt are attractions and symbols to the corporation....   [tags: Corporations Ice Cream Ben and Jerry's Essays]

Better Essays
2274 words (6.5 pages)

The Power of Appearance in Ben Johnson's Plays Essay

- The Power of Appearance in Ben Johnson's Plays The very notion of drama depends in part upon the idea that when people dress up in different clothes, it is easier to imagine them as different people. Jonson commonly utilizes this device within his plays; for, when a character pretends to be someone else, he or she merely puts on the other person’s clothes. In “Volpone,” when Volpone puts on the garb of a commendatore, Mosca, a clarissimo, they are treated as such. When Volpone asks, “Am I then like him?” Mosca replies “O, sir, you are he; no man can sever you” (Jonson, Volpone, 5.5, l....   [tags: Physical Appearance Ben Johnson Essays]

Better Essays
2800 words (8 pages)

Ben Jonson's Volpone - A New Form of Comedy Essay

- Many critics of Ben Jonson's 'Volpone' have argued that it is not a true comedy but rather a mix of tragedy, comedy, and satire. Many have also claimed that it follows the traditional beast-fable that can be found in the tales of Aesop. Although Volpone takes on some characteristics of tragedy, it seems to follow closer to the conventions of comedy. But it is not the traditional form of comedy. It is a play that takes on the form of a comical satire as well as a morality play. It also adapts the features of a fable in that it strives to teach a moral....   [tags: Ben Jonson Volpone Essays]

Better Essays
2996 words (8.6 pages)

Ben Jonson's On My First Sonne Essay

- Ben Jonson's On My First Sonne Ben Jonson writes On My First Sonne from a father’s point of view grieving over the death of his very young son. The title alone suggests which time period this poem is from i.e. it is from the 17th century (1603)- when the poet’s son Benjamin died- through the use of language of the time. This poem has been written in memory of a seven year old child whose death has dealt a great blow to a father. Throughout the poem, the use of religious comparisons and words creates a vivid picture of the thoughts running in the mind of Ben Jonson and we know almost exactly what he feels....   [tags: Poem Ben Jonson First Sonne Essays]

Better Essays
1762 words (5 pages)

Essay on ben

- Ben Franklin / Many disagree with this statement and would conclude that in reality as well as appearance Franklin was an ambitious man and intent on self-improvement. Franklin was indeed an opportunist, always looking for an opportunity to advance himself, but he was America’s first universal man. He was an individual who could do many things exceedingly well and has paved the way for many who aspire to succeed in life as he had. Benjamin Franklin’s “erratas” have come to help the youth of America’s past and present, and will continue to help the future youth of America....   [tags: essays research papers]

Better Essays
825 words (2.4 pages)