Om ppt final_group9

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!