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Chapter 1
Introduction
The heads of marketing and finance have always been outsiders, TTC noted.
Many franchisees were also members or friends of the Tan family.
JFC operates the largest fastfood service network in the Philippines with
2,244 branches composed of 839 Jollibee branches, 406 Chowking, 207
Greenwich, 298 Red Ribbon, 456 Mang Inasal and 38 Burger King.
In the past few months, JFC's sales suffered from the limited availability of
products in some outlets in Metro Manila and nearby cities. JFC was forced to
close several stores because of their constraints, mainly supply chain and sales
order due to a new information technology system. The limited availability of
products has caused the temporary closure of 72 stores, representing 3.2
percent of its store network nationwide of 2,244.
Objectives
General Objectives:
To improve the inventory system, payroll system and cash register
in connection with getting customers order in one of the branches
of the Jollibee Foods Corporation in Makati City.
Specific Objectives:
To establish a strong system that can alert the staff that the
inventory is becoming low.
Scope
Among other fast food chain, Jollibee Food Corporation is the largest and
well known in the industry. JFC was having difficulty in managing and
maintaining the day-to-day operations of its various hardware and software
system. The focus of this study is on the customer custody in the detail that
includes factors of dining qualities and customer satisfaction in context to food
restaurant industry. Thus these factors leads to consumer behavior subject for
our case study.
Delimitations
This study was conducted to determine the sales, inventory and payroll
systems. First, the study will have for its location the selected Jollibees store in
G/F Convergy's Bldg., Ayala Ave.Legazpi Village, Makati. Respondents are the
students of FEU-Makati.
It is limited to the sales system regarding to the sales transaction of the cashier
when making an order, Inventory system that signals when few stocks are left in
the inventories and payroll system will be more accurate for employees.
Chapter II
Review of Related Literature
Also, they said there was a flurry of recruiting for SAP professionals for
that vendor. It was a red flag because it seemed the vendor was having trouble
filling positions required for the project. The vendor reportedly brought in people
from India and other countries, but sources said the project remained
understaffed. To assemble a large team of outsiders and have them work on a
complicated project that quickly? Its troublesome. We can assume the outsiders
have not worked under a common methodology and culture. They dont have a
common understanding of standards and processes. It takes a while to learn the
ropes.
amount had a two-year timetable. A project of this size will require 3 to 5 years to
properly implement from inception to transition. Maybe this was just the first
phase, but unfortunately for Jollibee it was already costly.
4. Testing
Testing to check if the systems features and processes are working is one
of the most overlooked aspects of IT projects. Unfortunately, most projects do
this towards the end. The later the defects are found, the more expensive they
are to fix.
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Jollibee Foods Corp. (JFC) is seeing its operations back to normal within
the week after the system upgrade it recently initiated hurt its overall
operations, even forcing it to close down 72 stores within Metro Manila.
Operations for Jollibee are normalizing, a source said in a text message late
Monday. Last week, JFC was left with no choice but to close some of its
branches after its ongoing major system upgrade affected its sales order taking,
product loading and dispatch of transportation, preventing them to serve their
flagship products to consumers. A number of Jollibee branches in Metro Manila
and a few stores in surrounding cities are currently operating on a limited menu.
This is a result of our ongoing major systems upgrade which we are undertaking
to further improve our service delivery, Jollibee vice president for marketing
Harvey Ong said in a prior statement.
The product limitation has been caused by the migration of JFC to new
systems that started on August 1, 2014, which resulted to temporary slowdown in
its sales order taking, product loading and dispatch of transportation.
As a result, JFC temporarily closed 72 stores, which are within Metro Manila and
nearby cities. JFC, however, clarified that the 72 closed braches only represents
3.2 percent of its store network nationwide.
To date, JFC operates the largest food service network in the Philippines with a
total of 2,244 restaurant outlets in the country.
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during the period to P75.22 billion from P66.92 billion in January to September,
2012. System-wide sales measures revenues from both company owned and
franchised stores. For the third quarter of the year, the firm said system-wide
sales rose 13 percent to P25.32 billion from P22.42 billion as sales in the
Philippines rose by 10.5 percent while total sales of foreign businesses grew by
22.1 percent.
For its foreign businesses, China grew by 21.9 percent, the United States
by 15.7 percent and Southeast Asia and the Middle East by 34.7 percent.
Worldwide same store sales growth for the third quarter was about 8.5 percent,
sustaining the healthy growth rate of previous quarters. Net income margin
improved slightly from 5.1 percent in the third quarter last year to 5.3 percent in
the same period of 2013.
Jollibee said the group opened 137 stores in the first nine months of the
year. In the Philippines, it opened 21 Jollibee outlets, 10 Chowking, 2 Greenwich,
45 Red Ribbon, 13 MangInasal, and 2 Burger King.
In China, it opened 24 Yonghe King and 7 San Pin Wang; in the US is
opened 4 Jollibee and one Chowking; and 8 stores in other parts of the world.
Jollibee declared a regular cash dividend of P0.71 per share last November 12
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to bring its total cash dividend in 2013 to P3.36 per share, an increase of 52.7
percent versus the total cash dividends declared in 2012.
Meanwhile, the firm said the overall impact of typhoon Yolanda on the
Jollibee group is estimated to be manageable as the property damage sustained
by company-owned stores is not significant and is covered by insurance. There
were 23 company-owned and franchised stores that were not operating as of
November 13 due to the combination of property damage and disruption of
product supply. These are all in Leyte and Samar and represent 1.1 percent of
the groups total store network.
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Fast food gets a Filipino twist at this quick-serve chain, which is so beloved that
its mascots star in their own childrens television show, the online magazine said
as it described Jollibee. There are more than 700 locations across the country,
serving everything from fried chicken and hamburgers to local favorites like
palabok, rice noodles with meat sauce, shrimp, and hard-boiled egg, it added.
Travel+Leisure also noted to its readers that the food to order in Jollibee is the
spicy chickenjoy, a fried chicken coated with chili powder. The travel magazine
listed 20 fast-food chains around the world which it said are considered
international favorites and the best chains to sample when on the go.
For travelers, fast-food chains represent a convenient, inexpensive taste of how
everyday residents in far-flung cities eat, it said.
Aside from Jollibee, other Asian fast-food chains that made it to the worlds best
list are Japans Ippudo, Taiwans Din Tai Fung, Chinas Mr. Lee, Singapores Old
Chang Kee, Indias Goli Vada Pav No. 1, and Saudi Arabias Albaik. Russias
Teremok, South Africas Nandos, Canadas St. Hubert, Australias Chocolateria
San Churro, Puerto Ricos El Meson Sandwiches, Brazils Giraffas, Barbados
Chefette, Germanys Nordsee, Denmarks Jensens Bofhus, Americas Five
Guys, Frances Maison Eric Kayser, Englands Pret a Manger, and Italys
Rossopomodoro completed the list.
In Jollibees official website, the three-decade-old company said it dedicates its
continuous success to the Filipinos. Jollibee is so well-loved everytime a new
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store opens, especially overseas, Filipinos always form long lines to the store. It
is more than home for them. It is a stronghold of heritage and monument of
Filipino victory, it said.
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A blog article published on a site called The Real Singapore calls for mass
boycott of Pinoy-first businesses, like Jollibee, that prioritize Filipinos over
locals.
From the blog titled Boycott Pinoys-First Businesses: Jollibee Singapore:
Unlike other multi-national fastfood restaurants like Macdonalds and KFC
which hire mainly Singaporeans and even the disabled and elderly, Jollibee
Singapore [Source] intends to hire their fellow pinoys to fill up jobs in their latest
Singapore venture. The Filipinio fastfood chain will be opened in Q1 this year but
locations remained unknown.
Singaporeans are encouraged to boycott Jollibee Singapore to send a
message that foreign businesses which hire foreigners first are not welcome in
Singapore, and, businesses which targeted the Singaporean market share and
profit off Singaporeans should prioritize job opportunities for Singaporeans first.
If this is true, then some Filipino-owned businesses in Singapore voluntarily
implement the Philippine governments long-standing Filipino First Policy.
In 1987, the Corazon Aquino government preserved the countrys protectionism
by preventing foreign ownership of lands, limiting foreign investment through the
60-40 rule, and banning foreign professionals to practice their respective
professions here in order to protect local industries, Filipino businesses,
professionals and workers. So, is it wrong for some Singaporeans to exact the
principle of reciprocity against Filipino-owned businesses in Singapore?
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Chapter III
Project Management and Methodology
Definition of Terms:
1. Analysis - detailed examination of the elements or structure of something,
typically as a basis for discussion or interpretation.
2. Consumer - is a person or group of people, such as a household, who are
the final users of products or services.
3. Franchising It is the practice of leasing for a prescribed period of time
the right to use a firm's successful business model and brand.
4. Industry - is the production of a good or service within an economy.
5. Inventory refers to the goods and materials that a business holds for the
ultimate purpose of resale (or repair).
6. Lead Time - is the latency (delay) between the initiation and execution of a
process.
7. Promotion - raising customer awareness of a product or brand, generating
sales, and creating brand loyalty.
8. Sales it is the act of selling a product or service in return for money or
other compensation.
9. Short Message Service (SMS) - is a text messaging service component of
phone, Web, or mobile communication systems.
10. Warehouse - is a commercial building for storage of goods. Warehouses
are used by manufacturers, importers, exporters, wholesalers, transport
businesses, customs, etc.
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Sales Person
1
Serves
Customer
1
Places
Order
Warehouse
M
Lists
Stores
M
Product
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Gantt Diagram
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Sources of Data
Questionnaire/ Survey
Name: (Optional)________________
Gender ____
o Student
4. Does it bother you to make order when there is a long wait in the cashier?
o Yes
o No
6. Do you eat in another food chain when the meal you want is not available?
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o Yes
o No
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The foodservice operators must adopt technology as more than simply a cost of
doing business. They must view it as a tool to help them attain their strategic
business objective.
Due to the limited resources and time, companies must wisely choose to invest in
the projects that match their business and economic goals. Therefore, the
feasibility study is an integral part during the planning phase of the system
development life cycle (SDLC).
Phase 1: Planning
The planning phase involves establishing a high-level plan of the intended project
and determining project goals. The system is carried out in accordance with the
objectives of the proposed system.
During the Planning, we understand why the system should be built and
define its requirement. Also, we consider the several different
perspectives, technical, economical and organization feasibility aspects.
The outcome of the technical feasibility study is to define the various
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Phase 2: Analysis
The results of this analysis are used in making the decision whether to proceed
with the project or not.
Survey method:
-
Interview
This methods used during the project phase shows how a business would
operate under set of technology used, facilities and equipment.
Phase 3: Design
Phase 4: Development
It involves taking all of the detailed design documents from the design phase and
transforming them into the actual system.
Waterfall Development
Phase 5: Testing
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A test run of the system is done removing all the bugs, and errors if any. It is an
important phase of a successful system. The two primary activities involved are:
Phase 6: Implementation
It involves placing the system into production so users can begin to perform
actual business operations with the system.
Phase 7: Maintenance
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Chapter IV
Summary, Conclusions and Recommendation
Summary
This study is an attempt to analyze the case of Jollibee Foods Corporation
operation. In this report we have first analyzed the problems which cause delay
in their operations. We have laid emphasis on the inventory management, payroll
system and cash register in connection with getting customers order.
Based on the feedback from different respondent through surveys and
questionnaires, we have further discussed the current situations and other areas
that need improvements. This would help in better understanding of Jollibees
present condition and future sustainability in the modern and fast changing
business world.
After we analyze the surveys we identified certain issues with Jollibee
which concerned the inventory, payroll, and cash register in connection with
getting customers order. There were issues like improper recording of
inventories, lack of security in payroll and delay in getting orders which causes
long queue. Keeping in mind these issues we have come up with a few
recommendations. We have discussed through Managerial, Financial and
Operations perspective
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Conclusions
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Recommendations
The following were the recommendations on how the Jollibee Food Corporation
could improve its productivity by managing their inventory properly:
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Bibliography
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Acknowledgment
The feasibility study we had was a great chance for learning and professional
development. Thus, we consider ourselves lucky individuals as we were provided
with an opportunity to be a part of this group. We would like to express our
gratitude to our Professor, Mr. Pineda as well as the Far Eastern University
Makati for giving us this opportunity to do this feasibility study, Jollibee Sales
and Inventory System which helped us to be patient in researching about new
and strange things. We thank our parents for providing our needs may it be
financial or moral support. Above all, we are grateful that God helped us to make
this project be a successful one. We perceive this opportunity as a big milestone
in our career development. We will strive to use gained skills and knowledge in
the best possible way.
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EDUCATIONAL BACKGROUND
ORGANIZATIONAL AFFILIATIONS
SKILLS
Computer Literate
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EUNICE D. FRANCISCO
EDUCATIONAL
ORGANIZATIONAL
Junior Philippine Institute of Accountants FEU Makati
AFFILIATIONS
Director for Academics Committee
2012
CAMP 7 7th Conference of Aspiring Marketing Professionals
SM Convention Center, SM Central Business Park Bay City, Pasay City
2012
The 5th Annual Women Entrepreneurs Conference
Mandarin Oriental, Manila
Makati Avenue, Makati 1226
2012
SKILLS
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EDUCATIONAL
BACKGROUND
Address: Gil Puyat Avenue corner Zuellig Loop, Makati City
ORGANIZATIONAL
Augustinian Peer Facilitator
AFFILIATIONS
Junior Philippine Institute of Accountancy (JPIA)
AWARDS AND
2nd Runner Up UNO, Grade school
RECOGNITIONS
Best Augustinian Peer Facilitator, High school
SKILLS
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Sanchez, Grejane C.
EDUCATIONAL
BACKGROUND
Address: Gil Puyat Avenue corner Zuellig Loop, Makati City
Degree Program: BS Accounting Technology
ORGANIZATIONAL
Best in Deportment
Red Cross Youth Council
AFFILIATIONS
AWARDS AND
RECOGNITIONS
Service Awardee
ATTENDED
SKILLS
Computer literate
Excellent communication skills
Resourceful in the completion of projects, effective at multi-tasking