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| Supply Chain Management in Retail |
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Retail growth in the coming five years is expected to be stronger than GDP growth, driven by changing lifestyles and supported by favorable demographic patterns and the extent to which organized retailers succeed in reaching potential consumers towards the bottom of the consumer pyramid. Retailers thus, will be focusing on supply chain efficiency in order to stay competitive, according to research by the NRF Foundation.
Retailers today also understand the importance of leveraging their customer information. Shopping data collected from the store level can be leveraged as valuable real time data and shared throughout a retailer's supply chain network of suppliers, factories and distribution centers to meet anticipated product demand. |
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Operations management therefore will play a significant role in creating a competitive advantage for the players. Activities like procurement practices, product and service management, quality management, inventory management, supply chain management will become important factors.
It thus becomes necessary to see the application of Operation Management to the booming retail sector. The operational issues and challenges that the sector will face needs to be identified and possible suggestions and recommendations for the same have to be found. This study is an attempt for the same and tries to see the retail sector from the view point of Operations.
| Speakers : : |
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Mr. Girish V Aivalli, Head – Operations and Procurement, Cargill India Pvt. Ltd |
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Mr. Jogarao Bhamidipati, VP – Commercial, ITC Ltd |
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Mr. Robert Duane Erickson, COO – WalMart India Technical Consulting and Services Pvt Ltd |
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Mr. Rajeev Tandon, MD – SC Johnson |
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Faculty Mentor
Prof. B. A. Metri |
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