fishtro operation research paper

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    PRESENTED BY:

    KANIKA SHARMA

    DIPALI BAMZAI

    AVINASH SINGH

    DEBARATI JOARDAR

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    All the data incorporated in the study is PRIMARY DATA.

    Collection point for data was Mr. Alok Bhat- MD & CEO of FISHTRO

    Data collection methodQUESTIONNAIRE AND TELEPHONIC INTERVIEW

    Additional Data collected from:

    1. www.fishtro.com2. http://www.grotal.com/www.fishtro.com_info$$_b!s!$@_Se.aspx

    3. http://www.webstatsdomain.com/domains/fishtro.com/

    http://www.fishtro.com/http://www.grotal.com/www.fishtro.com_info$$_b!s!$@_Se.aspxhttp://www.webstatsdomain.com/domains/fishtro.com/http://www.webstatsdomain.com/domains/fishtro.com/http://www.webstatsdomain.com/domains/fishtro.com/http://www.grotal.com/www.fishtro.com_info$$_b!s!$@_Se.aspxhttp://www.grotal.com/www.fishtro.com_info$$_b!s!$@_Se.aspxhttp://www.grotal.com/www.fishtro.com_info$$_b!s!$@_Se.aspxhttp://www.fishtro.com/
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    Fishtro, an entrepreneurial

    venture into an uncharted

    territory- became

    operational in 2009

    A pioneer in its category,

    Fishtro is a quick service

    restaurant chain which

    focused on serving seafood

    and fish products

    USP- INNOVATION:

    In-house technologies FTC

    (frozen-to-cook ) without any

    loss in quality and taste of the

    products.

    Enhance customer experience -

    QRCFS technology (Quick Real

    time Customer Feedback

    System) which leverages tablets,

    twitter and Facebook platforms

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    Fishtro has grown from a

    3-member team to a 80-

    member team in less than

    2 years. Sales haveincreased 400 % and

    Fishtro has grown from a

    single restaurant to four

    in numbers.

    Located in 4 places in Pune

    Maharashtra:

    1.Koregaon Park- corporate

    office

    2.Kalyani Nagar

    3.Aundh

    4.Dhole Patil Road

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    Inherent challengesassociated with fish and

    seafood industries

    FishOdour

    Expensive

    HygieneConcerns

    FishBones

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    SUPPLY CHAIN

    ANALYSIS

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    Fishtro QSR ( Quick service restaurant chain )

    Inventory management critical.

    Automated Software

    Partnered with Microsoft Retail DynamicsSoftware to develop inventory management

    system.

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    Receiving Orders

    a) Examine the items.

    b) Quality & Quantity accurate.

    Organize Inventory & Labeling

    a) Separate boxes-cross contamination.

    b) Labelling-food item, Expiry date.c) Avoids spoilage.

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    FIFO

    Inventory Turnover

    a) Frequently used items

    b) Slow moving itemsc) 8-10 times in a month

    Regular Quality Check

    a) Flow of inventory

    b) Predict the quantities of food

    c) shortage incidents or abundance of some items

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    DRYINVENTORY

    - MONTHLY

    WETINVENTORY

    - WEEKLY

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    Storage method

    a) Standard Food Boxesb) Food Packaging Wraps

    c) Cold Storaged) Humidity Level

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    PERISHABLE

    PRODUCTS

    - NOT

    DISPLAYED

    NON-PERISHABLE

    - WEEKLY

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    Written handbook of policy

    Peak hours-Kitchen & Servers

    Idle hours:2-3 hours

    Average Customer Waiting Time: 3 to 5

    minutes.

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    Consumer centric.

    Analysis of competitors pricing

    Consumer pricing expectations. Pricing is re-evaluated every 3 months.

    Low Entry products like Snackers.

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    Outsourced to professionals.

    Own transport system for delivery.

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