Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
referenceforbusiness.com
Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
1–10 of 119 posts
Re: Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
#2I learned today that 7/11 in Japan wasn't a pure licensing play but a technology enabled business model disruption of large grocery stores and mom-and-pop convenience stores. The launch of 7/11 Japan introduced: franchising, JIT inventory management, and centralized POS terminals to the Japanese retail market. The linked article explains this in more detail.
Re: Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
#3I learned today that 7/11 in Japan wasn't a pure licensing play but a technology enabled business model disruption of large grocery stores and mom-and-pop convenience stores. The launch of 7/11 Japan introduced: franchising, JIT inventory management, and centralized POS terminals to the Japanese retail market. The linked article explains this in more detail.
Here's a fascinating video I enjoyed that explains how their business model worked (only) in Japan: https://www.youtube.com/watch?v=a3EH4VmxMAo
Re: Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
#4Wondering if there's a better reference article for this. The current link goes to a page with so many adverts that I saw no actual content on my phone screen.
Re: Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
#5Wondering if there's a better reference article for this. The current link goes to a page with so many adverts that I saw no actual content on my phone screen.
No ads here on desktop or mobile with ublock origin.
Re: Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
#6On our last couple of Japan trips, we would walk into 7/11s for an inexpensive coffee, an egg or fruit sandwich, and also do some treasure-hunting for co-branded items with Muji/Uniqlo or others. It became a short and meaningful part of our routine. We loved the convenient locations and fantastic service at all their stores. Well done, Suzuki-san!
Re: Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
#7I ate a lot 7/11 onigiri as a poor grad student exploring Tokyo on a long layover once... they're truly wonderful little stores. (They also are one of the few places you can use an ATM, very useful given how cash based Japan is)
He can be proud of the legacy he built, which is something many American founders cannot say with a straight face.
Rest in power sir.
Re: Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
#8Wondering if there's a better reference article for this. The current link goes to a page with so many adverts that I saw no actual content on my phone screen.
No ads here on desktop or mobile with ublock origin.
The fact that people in the current year still don't use ad blockers baffles me. Even on mobile, use Firefox with uBlock Origin and/or DNS66 or AdAway for OS wide blocking, or even just set dns.adguard-dns.com in your phone DNS settings.
Re: Toshifumi Suzuki, founder of Seven-Eleven Japan, has died
#9I wonder how 7/11 in the US will change now that the Japanese version bought out the US version. Will we actually have hot and prepared food like Japan? I doubt it, seems the supply chain infrastructure just isn't there.