Chain Operation: Future Trend For Lighting Industry
Chain operations, generally refers to a number of shops operate the homogeneous commodities
or services, which construct a combination in a particular form, specializing division of labor in a overall planning and implementing centralized management on the basis of the division of labor, so as to simplify the complicate business activities for scale merit.
Chain operation was firstly original from the United State. In 1895, American George F. Gilman and George H. Hartford founded the first big-scale chain stores in New York. In 1865, the Singer Sewing Machine Company initially established chain operated distribution network. In 1960s to 1970s, franchising began to spread around the world from the United States. At present, the chain operations in Europe, America, Japan and other economically developed countries and regions have occupied a dominant position.
Chain operation got started a little bit late of the time in China, but it has developed rapidly. In 1986, Tianjin Gaoda Group founded Tianjin Rieter International Shopping Mall and started chain stores at home and abroad, which was considered the earliest modernized chain stores in China. Entering 1990s, chain shop was promoted in the nation and developed quickly. In 1993, the country formally proposed that it was necessary to develop the chain operations as the direction of a circulation system. In March 1995, the first national meeting for the purpose of developing chain business and sharing experienceConference on Developing Chain Business of Some Provinces and Cities was held in Shanghai, which promoted the chain business to a higher level. So far, Chinas chain industry drove into a highway of development with amazing speed.
At the end of 1995, there were more than 300 chain stores and over 6000 chain outlets, with annual sales of 80 billion Yuan; 2001 to 2005 was the fastest five-year that China's chain industry developed. The first four years, the average annual store growth rate of the chain 100 companies reached 51% with an annual sales growth rate of 38%.
The American futurist Naisibite believed that chain operation was the third commercial revolution after department store and supermarket, and the leading commercial mode in 21th century. For enterprise executives, large-scale and standardized management can generate cost advantage, price advantage, service advantage, brand advantage, information advantage, supply chain advantage, capital operation advantage, brand resource advantage, training and exchange advantage, etc. in particular, chain business has become the most favored modern business since its large-scale, standardized and reproducible features.
Actually, chain operation is not a novel concept in the
lamps and lights industry. Several years ago, many manufacturers such as MOHO and Shandong Liangjiamei had a polite of this commercial mode. Although they had encountered various problems during the operation, it was undeniable that they offered a wealth of practical experience for the successful operation of chain business in the
lighting industry.
For this reason, it has become the priority of the
lighting fitting industry executives and dealer to do a deeper research and import the chain operating mode. It is the trend in the development of global circulation industry and the only way for lighting industry to conduct competitive upgrade and channel reform. Also, it will certainly become a mainstream business model for the lighting industry over the next decade.
by: canton fair trading
Start Your Party With The Best Karaoke Song Italian Braccialini Brand Super Cute Package Shall Awards! What To Consider When Choosing Cheerleading Uniforms For Any Squad Actrice Hollywoodienne Poly Tapis Rouge Taylor Robe Blanche, Qunfang Pression Backless Utilize Excellent Features On Wordpress Fall In Unemployment Due To London Olympics The Apple Fm Transmitter Is The Device That You Must Keep Best Features Of Apple Fm Transmitter Are Obvious Seo Is Now Indispensable For Workplace How To Attain That Youthful Glow Hoosier Crane - Keeping Things On Track. Vijay Shanthi Infiniti : Life Is Good Qualities Required In A Call Center Agent