Indian Furniture Market – Online, Offline

Industry estimates show that furniture market has an overall market size of Rs.120,000 crores and home decor and utilities is at Rs.130,000 crores. According to a Redseer Consulting report, by 2020, India’s furniture industry is expected to grow to $35 billion, with the online section being worth about $700 million. The Indian furniture market has grown …

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Safety Stock & Re-order points – simple explanation

Safety stock is the additional number of units of stock held by a company to mitigate several market risks. Without safety stocks, the company could have negative customer experience, lost revenue, lost market share and long-term customer value. However, a higher safety stock strains the organization in the form of higher working capital requirement. Safety …

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Aggregation Methods in Supply Chain – temporal, spatial and product

In supply chain, there are broadly three types of demand aggregation: Temporal Aggregation: Suppose you are a hyper local grocery retailer, say Big Basket. If the demand from certain area is not enough for you to deliver it every day, then you will aggregate the demand across multiple days and say that you will deliver …

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Cash & Carry retail in India

Cash and carry is a membership based retail store selling limited SKUs in bulk packs. Cash and carry has a membership requirement. Customers are usually members of the club and pay an annual fee in order to continue their membership. It is not like any other retail outlet where in one can go and buy …

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FMCG Distribution Network

The typical chain for a grocer store FMCG product will be: Manufacturing plant -> Company Ware House -> Regional Ware House -> Regional Stockist or Depot -> Super Stockist or Depot -> Stockist/Depot -> Distributor -> Retailer Main Godown -> C&F Agents/Super Stockists -> Distributors as per the territories -> Wholesalers/Retailers So, the retailers either …

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