The dark stores are traditional retail stores or supermarkets that have been transformed into e commerce warehouses or local fulfillment or distribution centers
Rural India is characterized by low per capita income, low productivity, low literacy and low rate of industrialization along with absence of basic amenities. The unprivileged class is set back by a lack of educational opportunities that could empower them to confidently pursue economic progress and overcome the debilitating effects of low literacy and rigid social hierarchies. India’s rural markets are growing at double the rate of urban markets. The retail revolution is going to act as a catalyst. So, the new concept that is hitting the market today is the "Rural Retailing".
This a Case Study Analysis of the Case BigBasket.
This analysis is done as a part of the class activity and if anyone referring it can use it for educational purpose.
Presentation on BigBasket. This presentation contains overview, financial achievements, business models, supply chain strategy, verticals, technologies used, and key people in the BigBasket organization.
The future of grocery retailing, dark stores are traditional retail stores or supermarkets that have been transformed into e commerce warehouses or local fulfillment or distribution centers.
Rural India is characterized by low per capita income, low productivity, low literacy and low rate of industrialization along with absence of basic amenities. The unprivileged class is set back by a lack of educational opportunities that could empower them to confidently pursue economic progress and overcome the debilitating effects of low literacy and rigid social hierarchies. India’s rural markets are growing at double the rate of urban markets. The retail revolution is going to act as a catalyst. So, the new concept that is hitting the market today is the "Rural Retailing".
This a Case Study Analysis of the Case BigBasket.
This analysis is done as a part of the class activity and if anyone referring it can use it for educational purpose.
Presentation on BigBasket. This presentation contains overview, financial achievements, business models, supply chain strategy, verticals, technologies used, and key people in the BigBasket organization.
The future of grocery retailing, dark stores are traditional retail stores or supermarkets that have been transformed into e commerce warehouses or local fulfillment or distribution centers.
Big bazaar is an Indian retail store that operates as a chain of
Hypermarkets,discount department stores and grocery stores.
The retail chain was founded by Kishore Biyani under his parent organization Future group in 2001.
Big bazaar covering three essential categories
in Indian market home,food and fashion
Food bazar and Fbb are integral part of
big bazaar.
This presentation deals with Marico's inbound and outbound supply chain. We discuss here the supply chain problems that Marico faced and the remedial steps it took to solve the problems. Use of IT (ERP/SAP solution) and disintermediation in supply chain appear as notable steps Marico undertook to solve its Supply Chain problems.
Big bazaar is an Indian retail store that operates as a chain of
Hypermarkets,discount department stores and grocery stores.
The retail chain was founded by Kishore Biyani under his parent organization Future group in 2001.
Big bazaar covering three essential categories
in Indian market home,food and fashion
Food bazar and Fbb are integral part of
big bazaar.
This presentation deals with Marico's inbound and outbound supply chain. We discuss here the supply chain problems that Marico faced and the remedial steps it took to solve the problems. Use of IT (ERP/SAP solution) and disintermediation in supply chain appear as notable steps Marico undertook to solve its Supply Chain problems.
About Company
Company History
Recent Changes
Major Competitors
Success
Market Strategy
Future Plans
BigBasket was founded by V. S. Sudhakar, Hari Menon, Vipul Parekh, Abhinay Choudhari and V. S. Ramesh in 2011.
Before the establishment of BigBasket, four of its five founders, excluding Abhinay, were part of a group of six behind India's first online retail store called Fabmart.com, which launched in 1999. Fabmart.com sold music CDs and ventured into the sale of books, toys, computers, jewelry, watches, and groceries. Poor internet penetration rates, rare use of online payment methods and the dot-com bubble burst in 2002 later led to the establishment of Fabmall, which was a chain of physical retail stores.
In March 2020, they acquired micro-delivery firm, DailyNinja. As of June 2020, it was reported that BigBasket had hit the annualized gross sale run rate of US$1 billion and began selling about 18,000 products from over 300,000 orders received daily.
In February 2021, the Tata Group acquired a 64.3% stake in BigBasket for around ₹9,500 crore (US$1.2 billion
As of 2022, BigBasket caters mainly to tier 3 and tier 4 towns with its community group buying approach, wherein users can create groups through messaging and social media platforms to buy products at reduced prices.
Retailing from three different perspectives, Characteristics, Activities performed by Retailers, Organized Retail Trade, Advantages of organized retail, Types of Retailing, Store & Non-Store Retailing, Internet Retailing, Catalog Retailing (Mail-order retailing), Direct Selling (door-to-door retailing), Tele Selling, TV Home Shopping, Vending Machines (Automatic Retailing), Retail Formats, On the basis of Merchandise Offered or Store Strategy Mix, Super Market, Hyper Market, Shopping Mall, Form of Ownership, Independent, Retal, Franchising, Leased Department, Co-Operative Outlet
During the CoVID-19 epidemic, eCommerce has become a crucial component of the worldwide retail architecture. eCommerce patterns, like many other industries, have shifted substantially since the COVID-19 epidemic. Following the advent of the internet, the retail landscape underwent substantial change.
Consumers today are more ‘SoLoMo’ –Social, Local and Mobile. The article discusses about the key global trends and benchmark practices that would help retailers to build seamless consumer experience and long-term profitability in the near future (2020). Using Big-Data for predictive analytics, leveraging technology to create Omnichannel customer experience, implementing effective Supply-Chain, using prompt methods payments, enforcing efficient employee training and other success factors mentioned in the article, will definitely shape the future of a successful retailers to manage the complexity and diversity of retailing in 2020. All topics covered all supported with concrete examples of worldwide benchmark in the industry.
Marketing: A presentation on the trends observed in the Indian organized retail sector over the years and how it has helped in the economic growth in India.
If you are planning to start an online fashion business, you must be planning for a lot of things – business modelling, development of the business plan, technology, manpower, suppliers, etc. And if you have not already, include SOP-based operations planning in your list.
A Business Plan can be defined as any document which identifies, describes, and analyses the techno-economic and financial feasibility of a startup or an already existing business.
, Your Retail Coach (YRC) is working with retail businesses to set up dark stores across the region to further optimize their supply chain and operations, as the world steps into the next normal.
Your Retail Coach (YRC) assists retail businesses in managing their supply chain via retail management consulting services in warehouse management, procurement, inventory management, dispatch and team management riding on proven models of logistics and use of technology across every process, making it system-dependent and less person-dependent
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FMCG, GROCERY BUSINESS CONSULTING – SOP FORMULATIONYour Retail Coach
Standard Operating Procedures (SOPs) are not just a set of instructions that describe how to follow industry standards, SOPs will make sure that you have an organized quality system and processes in place, qualified employees so that everything is performed in a predictable and consistent manner.
A comprehensive guide to doing the market research for your E-Commerce StartupYour Retail Coach
The process of discovering more about the target market and evaluating the prospects and feasibility of a new product or service is known as market research.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
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𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
5. • The dark stores are traditional retail stores or supermarkets
that have been transformed into e commerce warehouses
or local fulfillment or distribution centers
• Dark stores are currently in vogue in grocery, apparel,
footwear, consumer durables, and home goods retailing
globally
• These D2C (Direct-to-Consumer) entities provide a hassle-
free shopping experience to the discerning customer
through a dark store online ordering process.
Dark Stores
Meaning
INDEX
Your Retail Coach
6. Functionality
Details
• These stores are not open to end
consumer
• Buyer can browse through these dark
stores with the help electronic media
& mobile friendly application
• They offer a near real-time view of
the product shelves
• He can then make a web-based
purchase through these digital
shopping platforms
• The purchased products promptly
home delivered or collected by
the buyer from a pre-chosen
location.
INDEX
Your Retail Coach
7. A dark store set up is generally near
demand-centric populated
neighborhoods or areas.
For retail segments like apparel, footwear,
and durables, they could be even be
located on the city outskirts.
The dark stores concept consists of the
setting up of mid-size local warehouses for
storing, sorting, and managing orders,
facilitating quick and cost-effective
picking and easier automation.
Dark Store Setup
INDEX
Your Retail Coach
9. Closer to customers, easily
catering to larger areas
Higher product stock variety
and availability
Reduced operational costs Efficient customer service
Advantages Of
Dark Stores
INDEX
Your Retail Coach
11. • One of India’s leading online grocery hypermarkets
• Big Basket was founded in 2011 by Hari Menon, V S Sudhakar,
Vipul Parekh, V S Ramesh, and Abhinay Choudhari and is
headquartered in Bangalore
• Valued at $1.8 billion as of 2020, the company currently
operates in 30 Indian Cities.
• It has more than 20,000 products and 1,000 brands in its online
catalogue.
Big Basket : An Introduction
INDEX
Your Retail Coach
12. Big Basket Rejigged
Business Model
• Procurement
• Supply chain Management
• Logistics
• Consumer service
Big Basket Dark Stores thus essentially follows a hybrid model
combining:
• Inventory led wholesale approach
• Hyper-local procurement strategy
INDEX
Your Retail Coach
For end consumers, Big Basket is essentially a delivery platform, while from the business perspective, the company covers
everything:
13. Big Basket Dark Stores
Concept
• The dark store model was initially conceptualized by Big
Basket back in 2015
• They use this model by which they provide express delivery
option to their customers
• These warehouses would also help them to make a foray into
the smaller towns
• 10 such warehouses in each metro city in its network, and one
each in 50 smaller towns
INDEX
Your Retail Coach
14. Big Basket’s Dark Stores
India Delivery Framework
The online fulfillment center or dark stores business model has
allowed Big Basket to deliver in three formats:
• Express’ delivery in 90 minutes
• Normal (same day or next day) delivery
• Irrespective of number or size is delivered in a maximum
time of three hours after placing the order
INDEX
Your Retail Coach
15. BB Daily, BB Instant &
BB Beauty Store
Since the middle of 2018 or so, Big Basket has also launched three
new businesses:
• BB Daily
• BB Instant
• Beauty Store.
In BB Daily, buyers can subscribe for essential groceries like milk,
fruits, and vegetables, bread, dairy, eggs, breakfast cereals, etc.
Beauty Store is available on the Big Basket main app and consists
of exclusive personal, skincare, and beauty products.
INDEX
Your Retail Coach
17. • With more than 10 million customers, Big Basket turned profitable
during the nationwide COVID-19 lockdown in 2020, expecting to
nearly double its revenues to $1 billion in the financial year
ending March 2021.
• Despite cut-throat competition from arch-rivals Amazon, Gofers,
and Flipkart, along with countless other local digital
supermarkets.
• The company had around 2,000 SKUs for in-house brands in 2020,
which it expects to increase to 2,500 by the end of FY21.
The future looks
promising
INDEX
Your Retail Coach
19. Conclusion
• Dark stores helps you in speedy deliveries, which is the most
important factor in this industry to compete.
• Dark stores have bright future.
• Whole world is pivoting towards dark stores rapidly.
• They help startups in assets lite model.
INDEX
Your Retail Coach
20. FOR MORE DETAILS:-
To know more about " Big Basket Dark Store Strategy ", visit:
▪ https://www.yourretailcoach.in/case-study-big-basket-dark-stores/
▪ For India & South Asia: https://www.yourretailcoach.in/
▪ For Dubai & Middle East: https://www.yourretailcoach.ae/
▪ For Africa: https://www.yourretailcoach.africa/
▪ Business Process Xperts: https://www.businessprocessxperts.com/
INDEX
Your Retail Coach