The document provides an overview of Imtiaz Super Market's inventory valuation methods, expansion to Peshawar with a new 3260 square foot store requiring an initial 1.5 billion investment, and details about the ground floor inventory including over 15,000 items and a stock value of 60-70 crore. Key aspects of the store's operations like warehouses, software, pricing, and employee salaries are also summarized.
2. INTRODUCTION
Presentation title 2
Imtiaz Super Market is known for offering a wide range of products,
including groceries, household items, electronics, clothing, and more.
They aim to provide a one-stop shopping experience for customers
with competitive prices and a diverse product selection.
The stores are usually spacious and well-organized, catering to the
needs of both retail and wholesale customers.
Imtiaz Super Market has established itself as the leading retail chain in
Pakistan, with a strong reputation for providing a wide range of
products and a convenient shopping experience.
3. CONT…
Imtiaz Super Market has expanded its presence and opened a store in Peshawar,
marking its 25th store and entry into the Khyber Pakhtunkhwa (KPK) province of
Pakistan.
This expansion is a significant milestone for Imtiaz, as it continues to grow its retail
chain across the country.
With the opening of the Peshawar store, Imtiaz Super Market aims to become a go-
to destination for shoppers in the city, providing them with a comprehensive
shopping experience that meets all their needs.
Presentation title 3
4. INVENTORY VALUATION
Presentation title
FIFO LIFO
• Accurate cost reflection when prices rise.
• Minimizes the risk of obsolescence.
• Creates a clear audit trail of inventory
transactions, as it follows a logical sequence of
item purchases and sales.
• Tax advantages during inflation.
• Reflects replacement costs accurately
• can provide cash flow benefits by reducing
taxable income and, consequently, tax
payments.
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5. INVENTORY VALUATION CONT…
Presentation title 5
• Imtiaz uses FIFO and LIFO methods, the reason for that is that it allows them to adapt to changing
market conditions and economic cycles in Pakistan.
• They can switch between the methods based on factors such as supply and demand fluctuations,
inflationary pressures, or changes in pricing dynamics, ensuring that their inventory valuation remains
relevant and reflective of the prevailing market environment in Peshawar.
6. AREA & INITIAL
INVESTMENT
Presentation title
Area & initial investment
• The area of their store is 3260 square feet.
• The initial investment in Imtiaz store Peshawar
is 1.5 billion
Number of inventory items and tax
policy
• They put 18% -20% tax on their items.
• They have upto 30k+ items in the entire store
and on Ground floor alone they have up to 15k
items
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Number of items
and tax
7. Presentation title 7
DELIVERY AND
REFUND
POLICY
Delivery
Return policy
• They don’t yet have a home delivery system
but they are currently working on it and trying to
improve customer satisfaction and facilitation.
• They have a 7 day return policy.
• But on certain items like food and hygiene
products that have been opened they will not
take those things back.
8. Presentation title 8
SALE AND
PROMOTION
Sale and promotion
Expired items disposal
• They have sale on a lot of products and that is
their main attraction.
• On the ground floor section even grocery items
like tomatoes and onions had sale.
• They put on sale the items who's expiry date is
close or if they have become expired they try to
dispose of them in the most efficient and clean
methods
9. SOFTWARE USED BY IMTIAZ
Presentation title 9
SAP (Systems, Applications, and Products)
• It is an enterprise resource planning (ERP)
software widely used by stores and
businesses for various functions. SAP offers
modules specifically designed for retail
operations, including point-of-sale (POS),
inventory management, procurement, sales,
and financials.
• SAP provides a centralized platform that
integrates different aspects of store
management, enabling businesses to improve
efficiency, optimize inventory levels, enhance
customer experiences, and make informed
business decisions.
10. WAREHOUSES
Presentation title
• IMTIAZ has 20 warehouses in all of Pakistan
• And they have over 250 vendors
• They have 2 warehouses in Karachi that are
the main warehouses used for imports and
exports.
• In Peshawar they have one warehouse.
• The warehouse is located right under the store
in their basement which makes it very
convenient for the store.
• They stock up on their supplies every 2
months.
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11. GROUND FLOOR
Presentation title 11
No of items on G floor
• the number of items on G floor
is more than 15k.
• They have all items like food
related, skin care `and
hygiene products at the G
floor.
Monetary value of their
stock on G floor
• Their stock value is almost 60-
70 crore.
No of Counters on G
floor
• They have over 15 counters on
G floor alone. Every place has
its own checkout point.
13. Presentation title 13
CLASSIFICATION OF LABORS
AND SALARIES
Classification of labors: Salaries
• They have the UP to Down classification method used.
• They use this because This hierarchical structure often involves
clear reporting relationships, with each level of management
supervising and directing the level below.
• Communication and information flow primarily occur from top to
bottom, ensuring alignment and coordination within the
organization.
•
• The minimum wage paid to their employees is 25k
to 30k per month.
• And the maximum wage is 2 lac.
14. THANK
YOU
All the information in this assignment is provided by Mr.
Shabir from inventory control center (ICC) IMTIAZ Super store
