Report about Management 2022

Running head: MANAGEMENT
Management
Name of the Student
Name of the University
Author note

1MANAGEMENT
Executive Summary
The report has been helpful in understanding as well as evaluating the importance of the Smart
Shelves with Lighting Solution for Woolworths Supermarket as to survive in the competitive
business environment. The different tools along with techniques that are needed to be
implemented in the company include the different kinds of approaches such as SWOT or core
competencies which are appropriate in managing the efficiency of the company in an efficient
manner. The problem was that Woolworths mainly followed the traditional approach due to
which it impacted their performance, however, the smart shelves with the different kinds of
technologies will be beneficial for improving their performance.

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Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Overview of Woolworths............................................................................................................3
Analysis of the Technological Problems Faced by Woolworths.................................................3
Analysis of the Different Artificial Intelligence Aspects to Improve the Scenario.........................4
SWOT Analysis...........................................................................................................................5
Core Capabilities.........................................................................................................................7
Business Canvas Model...............................................................................................................8
Porter’s Five Forces.....................................................................................................................9
Business Environment Map.......................................................................................................10
Conclusion.....................................................................................................................................12
References......................................................................................................................................13

3MANAGEMENT
Introduction
The report helps in understanding the impact of the sustainability trend which has driven
the industry innovation in an efficient manner. As commented by Zhu, Wang and Xi (2018), the
smart connected products mainly involve the different or multiple players and kinds of
functionality along with services and it mainly encompasses multiple products. The close system
approach aims in having the different customers purchase entire connected, smart and effective
product and service system from the single manufacturer. With the help of the Artificial
Intelligence, there will be low number of errors present in comparison to the different kinds of
activities which are performed by the different human beings. The accuracy along with speed are
being managed efficiently and it is capable of coping up with the different dangerous tasks in a
successful manner. The aim as well as the purpose is to analyze importance of the respective
Artificial Intelligence Smart Innovation for creating smart shelves that can be rediscovering the
company Woolworths successfully.
Discussion
Overview of Woolworths
Woolworths Supermarket is one of the Australia’s largest supermarket chains which was
being incorporated in the year 1924. The organization is operating in more than 995 stores across
Australia wherein Woolworths relies on 115000 team members in the stores, distribution centers
along with support offices for providing the customers with superior service offices to provide
the different customers with superior kind of service, value along with convenience
(Woolworths.com.au, 2020). The number of employees employed with Woolworths include