business performance in Aldi Assignment

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Added on 2021-03-08

business performance in Aldi Assignment

Added on 2021-03-08

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An executive appraisal of information systems on the impact of business performance.

business performance in Aldi Assignment_1

TABLE OF CONTENTS1.ALDI Background, Mission and Vision2.Why ALDI?3.ALDI's Strategy 4.Information System comparison between ALDI and competitors5.Strategy and Information System timeline 6.Information System's impacts on business performance 7.Current process map and improvements 8.Advantages, drawbacks and recommendations 9.Reference list

business performance in Aldi Assignment_2

ALDI’s Background1913First store opened by Anne Albercht in 1913 in Schonnebeck,EssenGermany(Anonymous,2020);1946Extended by Anne's sons Karl and Theo Albrecht in 1946 the Aldi'sname came from Albrecht Discount(Anonymous,2020;Rudolph et al, 2012);1960Thecompany was split in 2 subsidiaries Aldi Nord and Aldi Sud, separation between the 2 branches was madebecause one of them (Aldi Sud) was selling cigarettes and the other disagreed(Rudolph et al, 2012;Tyler,2018);1976Later Aldi developed overseas and built new stores, first one opened in 1976 in Iowa, USA(According to Aldi.US website);1990By 1990, Aldi Sud joined the UK market(Rice,2019);NowadaysAldi Sud has over 35,000 employees and 890 stores in the United Kingdom(Sweney, 2020).Bogdan-Marian Dragomir3

business performance in Aldi Assignment_3

Mission and VisionBusiness approach defined by core values such as consistency, simplicity and responsibility;Aldi's mission is to continually set standardsand expand its market position, pursuitby improving quality and distinguish itself from the other retailers;In Aldi's perspective the importance of their customers impact on their products and operations is the key to avoid negative feedback;Following the three principles, Aldi has developed a culture from its constantly growth and the build of a durable reputation.(ALDI Corporate Responsibility,2020)Bogdan-Marian Dragomir4

business performance in Aldi Assignment_4

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business performance in Aldi Assignment