In many people within the company believe “Two grate companies have come together to create a stronger, more efficient global provider of products, and services, fully committed to setting a new standard for serving the workplaces of today and tomorrow through innovation and exceptional customer experiences (“Company Profile”). By merging the two companies Office Depot has been able to improve its nationwide network of distribution centers, allowing for next day shipping service (“Company Profile”). With company highlights kike $14 billion in sales, close to 1,800 stores around the globe and according to estimates by interut Retailer, Office Depot is the number eighth ranked retailer North America. With a company filled with talented employees…
Office Depot Overview Office Depot is one of the world’s leading retailers of office supplies. Its headquarters are in Boca Raton, Florida, and it has more than 66,000 staff members across its 2,200 retail stores, business-to-sales organizations, and e-commerce sites. In 2013, Office Depot merged with OfficeMax, and then in 2015, Staples announced a plan to purchase the company. Founded in 1986, Office Depot has annual sales of more than $11 billion. The first store opened in Laudedale Lakes,…
step in allowing the customer to continue to interact with Office Depot products and sales even if we are not on site. When a customer becomes an Office Depot Rewards Member he or she is given a username and a passcode that is a unique identifier and allows them to receive discounts like ten percent back on all ink and paper purchases as well as keeps track of all your account activity like past purchase receipts and gift cards. By placing the order online, it will ship from our warehouse and…
important to compare the focus company to another company in the same industry. Yes, the focus company may look like it is growing, but is it growing as fast as the rest of the companies in the industry? When looking at investing one should take a look at profitability, solvency, and liquidity. Profitability is the degree to which a business yields profit or financial gain. When comparing the net profit margins of Staples and Office Depot, Staples has a higher percent of net income to total…
When comparing the convenience of these three websites, I found the Office Depot to be the most convenient. I believe this due to the fact that I find the website to be more organized. There a keywords that are very specific that guide you to the information that you want quickly. As well as keywords, there are pictures that help lead you to where you want to go. I found Dell to be fairly convenient as well. The Dell website is set up in a similar way to Office Depot. There are keywords,…
One of the key parts of a Strategic plan is the mission statement. The mission statement is important to inform others, such as investors and workers, on what the purpose is of the company and the vision of where they see themselves in the future. They should be challenging, measurable, strategic, and motivating. Office Depot’s mission statement is quite short. It reads: “Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything…
Staples vs. Office Depot Staples and Office Depot compete against one another by selling similar products such as office and school supplies. The difference between these two companies may not be very noticeable when looking at them through a broad lens. However, after comparing the financial statements of these two companies, I found that the profitability, liquidity, and solvency of each is what distinguishes Staples from Office Depot. When comparing the profitability of these two…
Office Products Depot offers credit to a lot of their customers, as only 3% of their sales are cash. This means that allowing customers to purchase on credit greatly increase sales and therefore profits, that is, only when the customers pay them for their goods. Therefore, when offering credit to its customers, Office Products Depot first checks the credit rating of the customer to identify if the customer will pay for goods they have purchased, and if they are likely to get their payment. This…
Today was a slow day, but very education. I am finding that out that my time at CTLC is better spent watching than actually doing things. When I walked into the double door facility I seen the usual faces, and I greeted them as I made my way back to my little small cubical office. When I arrived at my office about two minutes after greeting several people, I noticed a small green sticky note that was on my desk from the day prior. The note was to remind me about the Homeless Alliance meeting at…
The Office is a television show that aired in 2005 and went off aired in 2013. The show was filmed as a documentary that looks into the inside of a small paper company Dunder-Mifflin in Pennsylvania. Being filmed as a documentary the show was able to capture everyday interactions in a work place. The Office was remarkable in capturing conflict throughout the nine seasons. Conflict is defined as when two or more people come into a collision or disagreement. From the show the audience…