Nut Theft and the US Market

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This assignment explores the growing problem of nut cargo theft in the United States. It delves into the factors driving this trend, such as Porter's Five Forces influencing the industry and sophisticated methods employed by thieves. The analysis also examines various perspectives on the issue, including reports from industry stakeholders, news articles highlighting specific cases, and academic research on food theft. The aim is to understand the extent of the problem, its impact on the market, and potential solutions for mitigating future thefts.

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Research Portfolio

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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
1) Background to the situation....................................................................................................1
2) PESTLE analysis....................................................................................................................2
3) A Five Forces analysis............................................................................................................4
4) Five organization which capable to prevent theft in the business industry............................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
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INTRODUCTION
A researchResearch portfolio is the a systematic process which helps in collecting of
items that are related to the same line of research. It is based on the coherent research content.
This research portfolio is based on Californian nut producing industry, they wants to expand
their business at wide scale but They suffering from high sophisticated theft in their supply
chain. The main reason behind this is unemployment and high demand of avocado and pistachio
(A $10 million nut heist is a window into the shady, lucrative world of large-scale food theft,
2016). All thieves hacked in only food and beverage department so that cited company should be
hire skilled appropriate employees who take our major important responsibilities so that they
reduceto reduce the chance of theft. In tThis report will be used include PESTLE analysis toas a
tool for evaluatinge the reason of theft. Along with this, it is also mentioned about fiveabout
five various organization who have capability to prevent theft in the firm.
1) Background to the situation
The main reason of theft isn unemployment in the country so that they theft thieves of
the nuts is continuously increased. Large number of rising prices of the nut is also a main reason
behind of theft. Because all nuts sale in the market at high rates to gain more revenue (The
Curious Case of the Disappearing Nuts, 2017). Californian nut industry is an international
company who provide variety products various nuts to its customers. They also deliver food and
beverage products to its customers but they suffering from the faced theft of nutsthese products.
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Illustration 1: Incidents of US nut cargo theft via fraud
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(Source: Corinne Putill, Reporter at Quartz, 2016)
They observe that only nuts were stolen but other electronics items are not theft.
According to the situation theft of nuts also affect to other industry process. In October approx
140000 pounds walnuts were stolen because of the and the reason behind it unemployment in
the country. Other thefts are related to the social engineering and because a truck comes to load
of the nuts. In last 6 month ago approx 30 truckloads of nuts are theft stolen from growers in
California. Multiple jurisdictions is the main reason of spreading the crimes like theft. High
profit and low risk is attract the thieves. For reduce the theft it is more important for the company
to deliver right product and the right supplier so that they also attain positive results in
appropriate manner (Sophisticated, Large-Scale Thefts Plague California’s Nut Industry, 2013).
For theft stolen the nuts thieves hacked the data base of the department so that they getting all the
information of their process so that they easily stole theft the nuts and sale at black market to
generate more revenues.
2) PESTLE analysis Political factor: In this situation the company face theft problem of nuts which effect the
other commodities. For reduce the chances of theft government make policies and set
stabilities which is follow by the company in their store line so that they easily evaluate
the main reason of theft of nuts which were stolenfaced in past years. The main products
that produce by the California is almonds, walnuts and pistachios all are more valuable
because they having high rates and high demand so that they wants to save these products
by stolentheft. For this government bodies set their rules and regulation for safety which
have to follow by the cited company in order to and evaluate the effectiveness in their
business process. High price of nuts create attention of criminal in which the crops of
nuts are attract by the new breed of thieves. Economic factor: These factors is also affect the California nut industry because it
include rate of interest, inflation rate and wages of the employees which affect the overall
business process. This factors affectimpact the company product rates because they
facing theft issue if their products so that they wants to save as well as store their nuts to
sale in the market at high rates which affect the overall performance of the company.
They also loose their customers due to high rates limited of nuts. Some timeSometimes,
cites company deliver their products according to customers demand but at the time of
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theftstolen they can notcannot able to reach their target customers which lead in decrease
the profitability of the company. Social factor: Society welfare is more important for every company because they always
wants to satisfy customerstheir needs and wands in appropriate manner. But due to theft
it impact on society negatively because it increase the differentiation within the society.
For this company wants to set some effective process to protect their nuts and save for
future needs of the customers (Rafols, Porter and Leydesdorff, 2010). California nut
industry use effective action and maintain their workforce to manager their activities and
so that they look at every process which were performing by the employees which helps
in reduce the chances of theft. Thiese process aid in increasing the positive image of the
company in societies mind and they buy their products. Technological factor: It is an important factors of the business organization because with
the help of this factors cited organization develop their process to and attain higher
success at market. California nut industry use new and advance technologies to evaluate
the main reason behind the theft which helps in protecting the products in appropriate
manner. Through advance technology cited firm easily stored their nuts for future
demand which will aid in maintaining the sustainability in every activity of the business. Legal factor: All these acts and legislation are is set by the government authorities so that
cited organization have to follows it effectively and get desirable results. They set all the
norms which protect from the theft and also punish to those people who are r the part of
these activity so that it take positive aspect in the whole process and also save the
company products by stolentheft (Steward and Lewis, 2010). California faced the major
issue of the theft so that they think that they do not able to expand their business at wide
scale so that they have to take legal action from the victim and punished them so that no
body do the same any more in future. This action aid in increasing the safety and also
maintain their positive process in order to achieve desirable results.
Environmental factor: In this factors, California nut industry use various technologies to
protect their products and maintain sustainability in their business process so that some
time itn impact on environment negatively. So That can be that is ca be increase the
pollution and harm by polluted the environment so that cited company should use
technologies in ethical manner in order to maintain healthy environment.
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All these factors are play vital role in this situation which given in the case of the
California nut industry. It aid in access the actual solution of the condition so that cited firm take
action and deficit the chances of getting theft in systematic manner.
3) A Five Forces analysis
Porter's five forces is an effective tool for evaluating the competition of the business in
effective manner. It define the competitiveness of the business environment which aid in
evaluating the strategic profitability in the market (Beringer, Jonas and Georg Gemünden, 2012).
The whole factors of these analysis assist in evaluating the overall profitability in the business
environment effectively. In California nuts industry it define the impact on businesson business
process by the theft of nuts. So that with the help of these factors they maintain their stock for the
future to retain in market place. There are some factors as well tools which define the
competitive environment at the market place which are as follows:
Competitive Rivalry: Competitors take place in the market in this situation. They easily
sale their nuts to their customers at low price so that they take strong position at market place and
also increase their goodwill effectively.
Bargaining ofBargaining of Supplier power: In the theft case in California nuts
industry, the bargaining power of suppliers is very high because they sale their products
according to their rate as per the high demand of the customers. Limited nuts of the cited
company increase customers demand and they buy the products according the suppliers (Porter's
Five Forces, 2017). They set price according the demand and they also increase their rate of
products in order to sustain their profitability in appropriate manner.
Bargaining of buyer power: According to this case the buyer power is leses because of
theft, company have limited stock and customers wants to fulfil their needs so that they buy nuts
according to cited firm rate (Fuller, 2012). They do not drive the prices down of the nuts.
Threat of substitution: In this case there is no chance of substitute of the nuts because all
the nuts are theft stolen in this company. For this they use new updated technologies to safe their
stock which aid in offing the products at marketplace. The main reason of decrease the company
sales is substitute products because another firm sale their same products at cheapest rate in order
to generate more profits.
Threat of New entry: In this factor the position of the business is affected by the people
action but in this case of theft they do not have threat of new entry but some time the new
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business having nuts so that they offer their products at marketplace in order to attain higher
profitability in appropriate manner.
All these factors affect the overall performance of the company. In this theft of the nuts is
also take place because company can notcannot provide sufficient products to their customers
and looselose their brand image at marketplace (Bodie, 2013). For improve their process and also
stop theft in their industry so that they use appropriate policies and technologies to maintain
positive work environment and get better results.
4) Five organization which capable to prevent theft in the business industry
Fisher nut companyNut Company: It is also a food and beverage company which
provide almonds in wide range in the market. They recognize their process in effective manner
and also prevent to theft. Fisher nut company use new and advance technology to safe their nuts
frofrom thieves which were help in protecting their stock in appropriate manner (FISHER NUT
COMPANY, 2013). They select broad varieties to its customers on their demand. For preventing
theft they hire skilled and talented people in their process so that they best take care of their
activities and also look at their supplier which aid in stopping the crime and make safe
environment in their business.
Meridian Growers: It is a sale and marketing company in California which deliver
almond, pistachios and walnuts in rage of varieties to their customers. They maintain best
relationship between growers and end users of nuts so that they resource the chances of crime
like theft of nuts. They are customers oriented so that they effectively satisfy their
customerscustomers’ needs with outwithout and conflicts and also protect their products in
effective manner. They also undertake appropriate research to identify the customerscustomers’
needs and provide them accordingly which aid in generating lager profitability and also protect
their nuts from any kind of theft and other crime.
Avanti nut companyNut Company: It is also a family owned walnut processor which
provide nuts to its customers at California (AVANTI NUT CO., INC., 2017). They use newuse
new and effective process in their operation and marketing process which helps in reducing the
chances of theft so that they easily protect their products and maintain the sustainability in
appropriate manner.
Beecher Lane Walnut: It is a best walnut company at California which provide variety
of nuts to its customers and also prevent from theft by using various style like monitoring of all
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the process, controlling and also evaluating the effectiveness in the supply chain management.
These process of the company helps in eliminating the probability of theft and also maintain their
sustainability.
Clements Nut company: To prevent theft the company use effective workforce and
effective process in their working as well as operational process so that they easily safe their
products from theft and other crime. They also select and hire skilled and experience employees
in their organization who effectively manage all the activities and also monitor in bestin the
mannerbest manner.
CONCLUSION
From the above mention research portfolio, it can be concluded that California nut
industry face theft problem in their business so that they evaluate the PESTLE analysis. This
process aid in accessin access the effective collection of rules and regulation which set the
government bodies to reduce the crime in the industry.
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REFERENCES
Books and Journals
Beringer, C., Jonas, D. and Georg Gemünden, H., 2012. Establishing project portfolio
management: An exploratory analysis of the influence of internal stakeholders'
interactions. Project Management Journal. 43(6). pp.16-32.
Bodie, Z., 2013. Investments. McGraw-Hill.
Fuller, R. J. ed., 2012. Birds and habitat: relationships in changing landscapes. Cambridge
University Press.
Rafols, I., Porter, A.L. and Leydesdorff, L., 2010. Science overlay maps: A new tool for research
policy and library management. Journal of the Association for Information Science and
Technology. 61(9). pp.1871-1887.
Steward, M. D. and Lewis, B. R., 2010. A comprehensive analysis of marketing journal
rankings. Journal of Marketing Education. 32(1). pp.75-92.
Online
A $10 million nut heist is a window into the shady, lucrative world of large-scale food theft.
2016. [Online]. Available through: <https://qz.com/1096604/obamacare-the-trump-
administration-is-curtailing-the-right-to-birth-control-in-the-affordable-care-act/>.
[Accessed on 7th October 2017].
AVANTI NUT CO., INC.. 2017. [Online]. Available through:
<https://www.corporationwiki.com/California/Stockton/avanti-nut-co-inc/
44539871.aspx>. [Accessed on 7th October 2017].
FISHER NUT COMPANY. 2013. [Online]. Available through: <http://www.fishernut.com/>.
[Accessed on 7th October 2017].
Incidents of US nut cargo theft via fraud. 2017. [Online]. Available through.
<https://www.theatlas.com/charts/SyybV7Sx>. [Accessed on 7th October 2017].
Meridian GROWERS. 2017. [Online]. Available through: <http://www.meridiangrowers.com/>.
[Accessed on 7th October 2017].
Porter's Five Forces. 2017. [Online]. Available through:
<https://www.mindtools.com/pages/article/newTMC_08.htm>. [Accessed on 7th October
2017].
Sophisticated, Large-Scale Thefts Plague California’s Nut Industry. 2013. [Online]. Available
through: <https://modernfarmer.com/2013/11/sophisticated-large-scale-thefts-plague-
californias-nut-industry/>. [Accessed on 7th October 2017].
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