om ppt final_group9
Post on 18-Nov-2014
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PRESENTED BY :GROUP 9
RAJNI VASHIST (PGFB1338)SALONI MISHRA (PGFB1343)
SHAHBAAZ AHMED (PGFB1345)SHRAVAN KUMAR (PGFB1347)SUNDRAM SINHA (PGFB1352)
SWATI SHARMA (PGFB1353 )
Operations at Big Bazaar
OBJECTIVE OF THE STUDY
The objective of the study is to analyse how the stock moves from vendor to customer in a organised retail format.
It also includes understanding of the ware house management of Big Bazaar.
The study also includes Shrinkage Management.
SUPPLY CHAIN MANGEMENT AT BIG
BAZAAR
Procurement in Big Bazaar happens from Central Distribution Center and Local Vendors.
The Stock in the store is managed by Automated Replenishment System (ARS).
The CDC are located in such a strategically positioned so that it can easily cater to the nearby Big Bazaar.
For the Stores of Eastern Zone, the CDC is located at Barasat.
Warehousing at Big BazaarInward Processing At Warehouse
Warehouse management
Damage and defective stock management
Damage goods managementDefective goods management
INVENTORY MANAGEMENT
Stock of goods which is held for the purpose of future production or sales.
Forms-Raw MaterialsPartly finished goodsFinished goods Spare parts etc.
Objective- Minimize the total (actual or expected) cost or to maximize (actual or expected) profit.
Variables :The Controlled variablesThe uncontrolled variables
Need of Inventory Management:
Meet variation in Production Demand Cater to Cyclical and Seasonal Demand Take advantage of Price Increase and Quantity Discounts To decrease the setup and shortage costs. To meet demand on time to earn goodwill. For smooth running of the business.
MANAGEMENT OF STOCKS ON THE FLOOR
The stocks entered into the floor can only come out with a
customer unless damage or defective.The stock management on the floor depends on
the foot fall of customers.The stock management on the floor are analyzed
by the department manager.The concerned DM request for the replenishment
when the sales are high.The request are received by the warehouse team
and accordingly replenishment happens.
ADVANTAGE
• The economics of production with the large run sizes.
• The smooth and efficient running of the business.
• The economics in transportation.
• The advantage of price discounts by bulk purchasing.
• Faster and adequate service to the customers and,
• Profit from speculation in the market where price are expected to rise.
DISADVANTAGES
• Ware house rent.• Interest on invested capital.• Physical handling.• Accounting.• Classification and Categories of Inventory
Models:
Findings
Care of Visual merchandising for high sales.
Product on offer to catch customer’s attention & purchase.
Importance of frontline staff
Use of IT tools like Bar coding, ERP systems, CRM, Advanced planning and scheduling systems.
Thank You!
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