Ibs Presentation Solutions
SOLUTIONS FOR THE PRESENTATIONS
GROUP 1
1. Even as the unprecedented credit crisis adversely affected the world economy in 2008, online shopping sites seemed to perform better than traditional retailers which were severely impacted. Analyze the e-retail business model and compare its strengths and weaknesses with the brick and mortar retail. Give reasons for its worldwide growth, providing relevant facts and figures, and also details of some major online retailers. Given the growing retail sector in India, what are the future prospects for e-retailing in India?
Good morning/Good afternoon everyone. Reliance fresh, Spencer, More, Subhiksha are known to everyone I guess. I have been given a topic on retailing in India. Lets look at the way how we came to year 2008 in terms of growth in retail? If we remember, there were days when we used to search for items and once found would pay a good amount without even understanding the actual price of it. Demand – supply had a mismatch because there were middle-men who took handsome profits and kept the market in dark.
My understanding in terms of scenario of 2008 in crisis, in connection with the retailing could possibly be because of undue profits at one end and loss at the other end. If we look at simple demand and supply, demand for apples is good in hot areas of this country but the same in the cold places is much less. Cost of apple is 10/kg in northern regions while its 4 times in the south. Do we conclude that cost of transport is so high that it is justified to pay 4 times? I think, No. Understanding this simple demand sequence we can say that lot of money is simply galloped in between. Can this be capitalized? Can customer get better? Can we have more visibility?
These Questions were scratched in, to find a solution. Big players tried to work on this to the best possible way. Concepts of “Just-in-time” of Toyota, global system of inventory management, effective operational...
View Full Essay