How will the game
plan of Reliance Retail unfold over the years ?
3 years ago, I made
a few guesses re following aspects of that game plan :
# Sales
# Supply
# Inventory
# Delivery
# Finance
# Marketing
In relation to matters
of SUPPLY and INVENTORY , in my blog MA = DA x 4,000,000 ? ( 17
July 2018 ), I
made following guess :
=========================================
SUPPLY :
We will deliver to your store , all
merchandize on " Consignment " basis
This means , you do NOT need to pay
us for what we deliver to you store !
Till sold , all goods in your store
will be our " stock "
This way , you do NOT need any "
Working Capital " as far as your stocks are concerned
We will also tie-up with the
manufacturers
You don't need to have any
interaction / dealing with the manufacturers
=============================================
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
3 years down the
line, how accurate was that GUESS
? Here is the GOOD news :
Rel
Retail Brands may soon come to kiranas / Eco
Times / 27 July
2021
Extract :
Ø The country’s largest retailer plans to start
supplying products such as soaps, sanitizers, and home disinfectants under
Puric InstaSafe brand to other retailers and and kiranas
nationwide in the
coming months
Ø With its JioMart ecommerce platform looking to supply everything from FMCG products to general
merchandise to kiranas DIRECTLY, Reliance Retail with around 13,000 brick-and-mortar
stores, is planning to push its own brands of FMCG, fashion and lifestyle, and
electronics to the stores OUTSIDE of Reliance stable as part of of a larger CONSUMER
PLAY
Ø So far, kiranas purchased Reliance Retail’s private
brands from its cash-and-carry stores but the company had seldom PRO-ACTIVELY marketed them to the GENERAL TRADE
Ø Now there is a marketing team to sell PRIVATE BRANDS
to the general trade
Ø Reliance has also created a CONSUMER BRAND GROUP that is tasked with
developing FMCG products to be sold in the GENERAL MARKET and not just in Reliance Retail’s
own outlets and e-commerce channels
Related Readings :
Ø Birth
of a Black hole ? ……………………………….[ 18 Jan 2021 ]
Ø JioMart fulfills Isha’s wishes ……………………………….[ 14
Jan 2021 ]
Ø Asha of Isha ?
……………………………………………[ 15 July 2020 ]
Ø
A White Hole called Reliance Retail ………………….[ 29 April 2020 ]
Ø Congratulations, Shri Pawan Kumar Agarwal [ 13 April 2020 ]
Ø Jumping onto Reliance Retail Bandwagon ……[ 07 March 2020 ]
Ø Unfolding as Envisaged ? ……………………………….[30 Dec 2019 ]
Ø Disruption : The New Survival Strategy ………….[ 04 Sept 2019 ]
Ø Ready to revolutionize Retail [ 3R ] ? …………….[ 15 Aug 2019 ]
Ø Who needs Fulfillment Centres [ FC ] ? Not Reliance Retail………..
[ [ 23 April 2019 ]
Ø Bypass E : Go from D to F ………………………………..[ 07 Feb 2019 ]
Ø Weave a Wondrous World [ W3 ] ………………………..[ 20 Jan 2019 ]
Ø Mukesh has the last laugh ! ……………………………….[ 31 Dec 2018 ]
Ø Re-defining Retail : Maini and Mukesh …………………[ 30 Oct 2018 ]
Ø Jio Hubs : Entrepreneurs Apply ……………………………[ 19 Sept 2018 ]
Ø Reliance Juggernaut Rolls ! …………………………………[ 06 July 2018 ]
===========================================
Blog sent
to :
With regards,
Hemen Parekh / hcp@RecruitGuru.com / 01 Aug 2021
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