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ALDI. Created and presented by Nathan Chapman. History. The beginning of Karl Albrecht and Theo Albrecht 1950’s Brother’s Idea Removed unsold merchandise, cut costs, kept things small. 1960’s Short for “Albrecht Discount” Aldi Nord (north) and Aldi Süd (south). Today.
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ALDI Created and presented by Nathan Chapman
History • The beginning of Karl Albrecht and Theo Albrecht • 1950’s • Brother’s Idea • Removed unsold merchandise, cut costs, kept things small
1960’s • Short for “Albrecht Discount” • Aldi Nord (north) and AldiSüd (south)
Today • Aldi Nord – 35 individual regional companies • 2500 store in western, northern, eastern Germany • AldiSud – 31 individual regional companies • 1600 store in western and southern Germany
Aldi • Philosophy: Everything we do, from selecting suppliers to scouting locations to building and operating stores, facilitates big savings for you every time you shop. • Simplicity, consistency and responsibility are their three defining core values.
Today in the USA • More than 1,200 store in 32 states • 50-80 new stores each year
Today in the USA • Some items they offer prices 30% than their competition • Saving time, space, effort and energy • Purpose: Provide value and quality to our customers by being fair and efficient in all we do
Today in the USA • Aldi believes in lean production • How? Through continuous improvement, Just in time production, time based management, and Total quality management
Time Based Management • 60% of fresh produce are sourced locally • High level of training, employees can do more aspects of the business, get paid more then competition • Fewer variations of each product – buy through economies of scale
Minimize Waste • Shopping carts • Fewer hours opened 8 am-8 pm Mon-Sat, 10am-4pm on Sundays • Must bring your own bags/boxes
Just in Time • Only holds stock it needs • Products arrive in display cases ready • Some items sold on pallets
Total Quality Management • Create strong relationships with suppliers • Meet international standards • Go beyond standards and items are carefully labeled
Today in the USA At ALDI, we believe that we have the best quality products out there. We’ve designed and tested our brands to exceed the national brands in taste and quality. We’re so confident in our products that every item in our stores is backed by our unbeatable Double Guarantee
Things to remember • Only accepts Cash/Debit/EBT • Need a Quarter for the cart • Bring your own bags/boxes • Get ready to save big money!