D = Dumb Commerce > E = E Commerce > F = Future Commerce
That is what Mukesh Ambani is telling the small
merchants of West Bengal
Here is how :
Extract from
News report :
Ambani's so-called "new commerce" venture aims to connect small merchants with his retail network and
warehouses, helping them better
manage their inventory.
It already has more than 500 retail stores in the state, selling
everything from clothes to groceries, and the new plan would "increase manifold" its warehouse
space in the next 24 months in West Bengal, he said.
The new e-commerce platform " will bring win-win benefits to consumers, retailers and producers " and help 30 million small shopkeepers, Ambani said.
The billionaire businessman has been more vocal about his e-commerce
plans after India in December imposed new restrictions on how foreign companies
operate in the e-commerce sector. The new rules, which kicked in on Feb. 1,
have disrupted product listings on Amazon.com's India website.
=======================================================
How will he “ better manage
their inventory “ ?
On
17 July 2018,
in my blog [ MA
= DA x 4,000,000 ? ], I imagined Mukesh telling those small shops as
follows :
=============================================================================
INVENTORY :
On a continuous basis , our web server will keep a track of each
and every item of merchandize sold from your stores
Our Server will calculate , your " Stock Movement
"
Based on this data , our Server will compute / set for each item
:
# Minimum Stock Level
# Alarm Stock Level
# Stock Re-Order Level
# Re-Order Quantity ( Minimum Batch Size )
Based on this logic , our Server will instruct the relevant
" Merchandize Manufacturers " ( or their dealers / stockists ) , to
deliver the stipulated " Re-Order Quantities " to your stores
A " Re-Order Instruction intimation " , will get
delivered to your computer
Upon arrival , you will need to update the data
From time to time , our Software will also figure out your
current stocks of " Extremely Slow Moving " and " Obsolete /
Expired " items , and arrange for " Return Delivery " , which
you will need to enter in your database
===================================================================
In what other
matters , will he help those small shops ?
My blog lists following other areas where Reliance
Retail / Jio , will help those 30 million small shops to
bypass E Commerce and directly jump onto F Commerce :
To understand the entire spectrum of Mukesh’s game plan
, you will need to look up :
Jio
Hubs : Entrepreneurs Apply ……………………[
19 Sept 2018 ]
Re-defining
Retail : Maini and Mukesh ………… [ 30 Oct 2018 ]
Weave
a Wondrous World [ W3 ] …………………..[ 20 Jan
2019 ]
Let no one suspect that Mukesh Ambani ( mukesh.ambani@ril.com ) finds time to read my emails !
=============================================================================
08 Feb 2019
Rsvp >
hcp@RecruitGuru.com
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