Revolutionizing inventory management in indian retailing

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Revolutionizing Inventory Management in Indian Retailing Presented By: Jahnavi Dhorajiya Submitted to: Prof. Parita Thakkar Roll No. : 87 Subject : Operation Management

Transcript of Revolutionizing inventory management in indian retailing

Page 1: Revolutionizing inventory management in indian retailing

Revolutionizing Inventory Management in Indian Retailing

Presented By: Jahnavi DhorajiyaSubmitted to: Prof. Parita ThakkarRoll No. : 87Subject : Operation Management

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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.

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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

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1. The Traditional Model of inventory management (EOQ Model) seems to be rendered obsolete by contemporary retail stores such as Pantaloons.

Questions

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2. Is there a scope of applying the ABC Classification of inventory in the

modern retail stores?

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3. What should Kishore Biyani do further to match Spanish retailer

Zara`s 15 days lead time?

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4.What should the ‘Local small Retailers’ do to safeguard themselves

from the onslaught of big players such as Pantaloons?

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THANKYOU