Supply Chain ManagementComparative analysis of traditional and retail outlet
Company ProfileTapri:-With its first outlet that begun in Jaipur in August 2010, Tapri the tea househas been able to attract approx 300 footfalls a day. It has an area of about1000 sq.feet with sales of Rs.40/day/sq. feet.Chai ki ThadiIt is a road side tea stall at Pratap Nagar, Jaipur owned my Mr. MahveerPrasad Gautam who established it two years back with the intention ofcapture the market near Sanganer Bus Depo with localities. He has a “chai kiThadi” with Average 56 Sq. Ft. area. Where his sales are average 100-160cups per day.
Operations:-•Procure the raw material•Storage of raw material•Demand forecasting•Just in Time•Network Planning•Distribution Strategy•Profit margin•Customer Value•Risk management
Comparison:•Demand Forecasting and Seasonal Factors affecting the same•Network Planning•Value of information•Over stocking, shortage or wastage at stores•Tackling problems•Importance of relationships•Preferred methods of making supply chain managementeffective•SCM vacuum
Recommendation on the basis of Analysis •Home delivery •KANBAN Strategy •Long run Approach •Target business class •Keep more alternatives among suppliers •Focus on Quality
Leanings:-•Handle complexities•Understand interests of stack holders•Practical implementation of Subject•Cost cutting•Value addition•Importance of information