Kishore Biyani is revolutionizing inventory management at Pantaloon Retail by implementing several initiatives. Pantaloon has grown tremendously from $900 million in revenues in 1998 to $11 billion in revenues across 55 stores in 19 cities within 7 years. Biyani developed new retail formats including Pantaloons, Central, and BigBazaar stores for apparel, fashion, entertainment, food and groceries. Pantaloon has reduced inventory days from 112 to 75 days by assigning category managers and focusing on efficient buying, branding, and replenishing stocks just in time to reduce quantities held in inventory.

1. Pantaloon-Revolutionising
inventory management in Indian
retailing
-Prerna verma
Anjali ranjan
Parth shah
Kishore purohit
Parth sheth

2. • Biyani is redefining the way inventory is managed in
retailing and these revolutionary initiatives are all set
to make his flagship pantaloons a leader in Indian
retail business.
• Big and fast seems to be kishore biyani’s mantra.
• Pantaloons has grown from mere 900$ million in
revenues in 1998 to a 55 store spread in nineteen
cities with expected annual revenues of $ 11 billion,
in the span of a mere seven years.
• During 2004, pantaloons' stock price more than
tripled and crossed $900 in April 2005

3. • To leverage the growth in the retail industry most their
players were furiously setting up malls and expanding
their chain of stores..
• According to biyani such companies were following a
similar format to reach the same customers
• Biyani wanted to do something different and
developed three new highly successful retail formats.
• i.e pantaloons,central and bigbazaar.

4. • Pantaloon- apparel merchandising
• Central-apparel,fashion and entertainment segement
targetted at the rapidly expanding middle class
market.
• Bigbazar-value retailing
• Food bazar- food and grocery retailing store
• By june 2006 biyadni had set up fifty food
bazars,thirthy five big bazars,twenty pantaloons and
six centrals occupying vlose to 3.5 million sq. ft of
retail space

5. Inventory management
• Retailing involves anticipating demand on a particular
day(short term demand) as well as while opening new stores
(long-term demand).
• Currently the inventory is 75 days down from 112 days in
2000-01 and for improving efficinecy he has assigned category
managers for every product group.they are responsible for
managing the lifecycle of a product group and meeting sales
target.

6. • Their biggest efficiency is in buying cost,they buy huge quantities
and pay less,they are also able to brand/label in a store.
• Biyani is now targetting youth by junking old positioning : India’s
family store.
• Biyani feel studying at communities-techies,metro sexuals,etc are
must.
• Pantaloons=Affordable fashion
• New punch line= “fashion from pantaloons”
• Pantaloons will be equivalent to zara.

7. • Zara can launch new lines in less than 21 days, because they
have their own factories.
• Faster manufacturing will let the company stock less inventory
while reducing the quantity of stocks to be sold at a discount.
Simultaneously sales will rise due to faster arrival of fresh stocks.
Biyani has brought the time lag down to 90 to 40 days.
• Big bazar focuses on fashion with an orientation towards large
volumes.it will sell commoditized fashion.
• Pantaloons will carry no stock. The inventory lies with the
manufacturer and replenished just in time.
• Pantaloons is trying to make in-house products.
• Entire stock for grocery is replenished thirty times and garment
stocks are replenished six times annually.