Reliance Retail has established a competitive advantage through its supply chain management. It implements a world-class supply chain that allows for design to shelf lead times of just three weeks. This rapid and efficient supply chain has fueled Reliance Retail's 60% annual growth and high profit margins. Supply chain is a strategic differentiator and competitive edge for Reliance Retail. It aims to understand availability, inventory, and costs to improve business performance. The study analyzes Reliance Retail's integrated supply chain operations and IT tools, as well as evaluates the status of its supply chain management.
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advice the working of reliance in telecommunication
Reliance Retail has established a competitive advantage through its supply chain management. It implements a world-class supply chain that allows for design to shelf lead times of just three weeks. This rapid and efficient supply chain has fueled Reliance Retail's 60% annual growth and high profit margins. Supply chain is a strategic differentiator and competitive edge for Reliance Retail. It aims to understand availability, inventory, and costs to improve business performance. The study analyzes Reliance Retail's integrated supply chain operations and IT tools, as well as evaluates the status of its supply chain management.
Reliance Retail has established a competitive advantage through its supply chain management. It implements a world-class supply chain that allows for design to shelf lead times of just three weeks. This rapid and efficient supply chain has fueled Reliance Retail's 60% annual growth and high profit margins. Supply chain is a strategic differentiator and competitive edge for Reliance Retail. It aims to understand availability, inventory, and costs to improve business performance. The study analyzes Reliance Retail's integrated supply chain operations and IT tools, as well as evaluates the status of its supply chain management.
MANAGEMENT: A STUDY ON RELIANCE RETAIL PROBLEM STATEMENT The challenge of managing a continuous supply of goods from all these different entities is the challenge of managing the supply chain. The retail industry was in general late to respond to competition from virtual stores and to recognize the opportunities provided by the Internet. Recently according to However, the landscape has changed, as many so called brick-and-mortal companies are adding an Internet shopping component to their offering. nter click-and- mortar giants !al-mart, "mart, Target, and #arnes and $oble, among others. These retailers recognize the advantage they have over pure Internet companies. Indeed, they already have the distribution and warehousing infrastructure in place. Thus, they have established virtual retail stores, serviced by their e%isting warehousing and distribution structure. &upply chain and 'ogistics management is a very key business process and is amongst highest in rank for being outsources first. It is always better to manage a (uality vendor conducting the logistics activities rather than worry about which transporter to use, what time frames to maintain in terms of inventory on road or in warehouse, how much to dispatch and where to and what invoicing models to choose them. )ost retail players are setting up their own supply network facilities, while transportation re(uirements have been sourced to e%ternal service providers. Typically supply chain management companies are managed as an independent in-house function or outsourced part or whole to specialist logistics. The remaining organizations outsource either part or whole of the supply chain management, or deploy cross-functional teams, or have independent teams managing the supply chain within each &#* +strategic business unit,. -esign, planning, procurement, production and delivery including reverse logistics are the ma.or process elements of any supply chain. *nder-developed unidirectional supply chain is one of the key concerns facing the industry. OBJECTIVES OF THE STUDY To study the integrated supply chain operations in retail sector To analyze the IT tools used by Reliance retail in supply chain activities . To measure the status of supply chain management in Reliance retail RESEARCH METHODOLOGY The supply chain of Reliance retail has great significance in managing the sales of a company. The proper supply chain strategy have a ma.or impact on the growth of the organization and it has been necessary to maintain goodwill, to meet the channel partners hope and aspirations, to reduce risk and insecurity for the company. The main focus of the study is to analyze the comparative analysis of supply chain strategies of retailer in Indian market. Research Desig The purpose of e%ploratory research is to define the marketing problem precisely, collect re(uired information/data relating to the problem and identify alternative courses of action in order to deal with the marketing problem. Sa!"#ig $esig &ince the reported study will be concerned to analyses the effectiveness of supply chain management strategies of Reliance retail. &ling 0rame - 1s my study is base on the urban sector2 my target population for sampling will be on -elhi and $3R. 4. &ling Techni(ue -I may use both 5robability and $on probability sampling techni(ues. 6. &ling )ethod -These are the methods which I may use for my research. Those are7 &imple random sampling, systematic sampling, and convenience sampling, 8udgment sampling 9. &ling size : 4;; respondents %h& 'his "ar'ic(#ar ')"ic ch)se* %cellent retail supply chain management revolves around understanding and balancing three key dimensions of availability, inventory and cost. )anaging these trade-offs efficiently can result in supply chains that improve business performance and drive competitive advantage. 1t Reliance retail the supply chain is the business model. Rapid growth and profitability are clearly linked to an uncompromised approach to supply chain management that has delivered a world class three week <design to shelf< capability and fueled the company=s 6; percent annual growth and profit margins. 0or reliance retail, supply chain is a strategic differentiator that delivers a competitive edge. $o longer .ust concerned about cost control, companies view supply chain as a key element of their business strategy. Today=s supply chain leaders are working with their business partners to design, develop, move, store, sell and service their products with ever greater speed and economy. $ow, more than ever, supply chains are regarded as sources of business value and competitive advantage. -ifferentiated supply chain models are emerging to address different merchandise characteristics. &upply chain leaders develop robust basic processes and disciplines, and then add new and differentiating capabilities that drive supply chain e%cellence. These new capabilities enable leading retailers to transform and differentiate their supply chains. 3reating change in an e%isting supply chain can be daunting. >iven the breadth and depth of impact, virtually all areas of a business are affected. Reliance retail can offer a range of services from providing advice on specific functional areas including case studies and insights into other retailers and your competition to helping to implement a complete supply chain transformation. LIMITATIONS OF THE STUDY &ome of the limitations are unavoidable in any circumstances, however some of the limitations are due to lack of resources and time. These can be highlighted as follows7 4. The study was only limited to -elhi ? $3R only. 6. -ue to the information concerned being highly confidential it was not possible to get into detail study of various parameters involved and information may also be not fully up to the mark. BIBLIOGRAPHY 3hristopher ). +6;;@,, 'ogistics and &upply 3hain )anagement : &trategies for Reducing 3ost and Improving &ervice, &econd dition, 5earson ducation. "otler 5., "eller ".'., "oshy 1. and 8ha ). +6;;@,, )arketing )anagement, Twelfth edition, 5rentice Hall &imchi-'evi, -avid, 5hilip "aminsky ? dith &imchi-'evi, -esigning ? )anaging the &upply 3hain7 3oncepts, &trategies ? 3ase &tudies, 6 nd edition, Tata )ac>raw Hill, 6;;A #a.a. 3., Tuli R., &rivastava $. +6;;B,, Retail )anagement, C%ford *niversity 5ress, $ew -elhi 5radhan &. +6;;D,, Retailing )anagement7 Te%t and 3ases, second edition, )c>raw Hill. 5uri 1. +0ebruary-)arch 6;;@,, E)ost 1ttractive emerging marketF, Retailer, 0ebruary-)arch 6;;@, p.GD-G@. Retailer, -ecember 4B, 6;;D, -0ebruary, 6;;@ http7//retailnews.wordpress.com/6;;D/;B/4H/reliance-retail-the- mega-retail-story/ http7//www.thehindubusinessline.com/6;;@/;9/46/stories/6;;@;946 ;44D;D;;.htm