Revolutionizing inventory management in indian retailing
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Transcript of Revolutionizing inventory management in indian retailing
Revolutionizing Inventory Management in Indian Retailing
Presented By: Jahnavi DhorajiyaSubmitted to: Prof. Parita ThakkarRoll No. : 87Subject : Operation Management
About Pantaloons
• Originally incorporated as Manz Wear Private Limited on October, 1987. The Company’s name was changed to Manz Wear Limited on September,1991, further to Pantaloon Fashions (India) Limited on September, 1992 and to Pantaloon Retail (India) Limited on July,1999.
• Pantaloon Retail (India) Limited, is India’s leading retailer that operates multiple retail formats in both the value and lifestyle segment of the Indian consumer market.
• The company operates over 12 million square feet of retail space, has over 1000 stores across 73 cities in India and employs over 30,000 people.
To manage inventory in Pantaloons
Designed New Format known as Big Bazaar and Central
“Fashion From Pantaloons”
Focus on Replenishment
Radio Frequency Identification
About Case & Solution
1. The Traditional Model of inventory management (EOQ Model) seems to be rendered obsolete by contemporary retail stores such as Pantaloons.
Questions
2. Is there a scope of applying the ABC Classification of inventory in the
modern retail stores?
3. What should Kishore Biyani do further to match Spanish retailer
Zara`s 15 days lead time?
4.What should the ‘Local small Retailers’ do to safeguard themselves
from the onslaught of big players such as Pantaloons?
THANKYOU