Comments on: Inside a Retail Supply Chain: How did ‘Maha’ DeshMart Survive the Economic Slowdown and Thrive http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/ Connecting together Pune's Technologists Tue, 27 Mar 2012 04:59:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Optimization In Real World « Amit Paranjape’s Blog http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/#comment-6964 Optimization In Real World « Amit Paranjape’s Blog Sun, 28 Jun 2009 18:54:51 +0000 http://punetech.com/?p=819#comment-6964 [...] Note that in the past, PuneTech has also published some introductory articles on Supply Chain Management (SCM) and the optimization & decision support challenges involved in various real world SCM problems. [...] [...] Note that in the past, PuneTech has also published some introductory articles on Supply Chain Management (SCM) and the optimization & decision support challenges involved in various real world SCM problems. [...]

]]> By: An overview of optimization algorithms - a real world case study | PuneTech http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/#comment-6026 An overview of optimization algorithms - a real world case study | PuneTech Wed, 15 Apr 2009 06:58:21 +0000 http://punetech.com/?p=819#comment-6026 [...] Chain Management (SCM) and the optimization & decision support challenges involved in various real world SCM problems. Who better to write about this area in further depth that [...] [...] Chain Management (SCM) and the optimization & decision support challenges involved in various real world SCM problems. Who better to write about this area in further depth that [...]

]]> By: Amit Paranjape http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/#comment-4870 Amit Paranjape Wed, 28 Jan 2009 15:15:12 +0000 http://punetech.com/?p=819#comment-4870 Parag, I don't think there is any easy solution! Moreover, I don't think any one single strategy would work here. I don't have a complete answer, but think a combination of measures need to be taken. Hence I stressed the hiring aspects upfront. Recruiting the 'right' managers who think of themselves as 'intra-preneurs' is critical. Obviously, their incentive systems and career growth options have to be mapped appropriately. Would be interesting to see what other readers think. Thanks Amit Parag,

I don’t think there is any easy solution! Moreover, I don’t think any one single strategy would work here.

I don’t have a complete answer, but think a combination of measures need to be taken. Hence I stressed the hiring aspects upfront. Recruiting the ‘right’ managers who think of themselves as ‘intra-preneurs’ is critical. Obviously, their incentive systems and career growth options have to be mapped appropriately.

Would be interesting to see what other readers think.

Thanks
Amit

]]> By: Parag Chitalia http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/#comment-4866 Parag Chitalia Wed, 28 Jan 2009 12:45:48 +0000 http://punetech.com/?p=819#comment-4866 Amit: How does Mahamart drive the "local Kirana" family owned mentality with its store managers - aky to driving success in Indian Retail market? Amit:
How does Mahamart drive the “local Kirana” family owned mentality with its store managers – aky to driving success in Indian Retail market?

]]> By: Amit Paranjape http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/#comment-4849 Amit Paranjape Tue, 27 Jan 2009 07:40:28 +0000 http://punetech.com/?p=819#comment-4849 Abhay, Thanks for your inputs. I agree - space leasing and markdowns are important pieces. Will try to cover them in a future article. Amit Abhay,

Thanks for your inputs. I agree – space leasing and markdowns are important pieces. Will try to cover them in a future article.

Amit

]]> By: Abhay Singhal http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/#comment-4840 Abhay Singhal Mon, 26 Jan 2009 17:46:36 +0000 http://punetech.com/?p=819#comment-4840 Nice article Amit, you sum it up all very well for both basic and advanced readers. There are few topics I would like to add for the next series 1. Space Leasing - Stores like Walmart proclaim that they are no longer in the space of selling 'merchandise' but more of leasing 'space'. For example, for bigger suppliers like Pepsi/Coke, Walmart bids for space in stores and gives them out like a lease and the entire inventory and replenishment is handled by Supplier. They can also do their own in store promotions, sample give aways, decorate the isles (e.g. during Superbowl) etc. This concept is gathering more and more traction in US. 2. Markdown Optimization - In retail, quite substantial portion of inventory is sold below marked price and optimizing it to sell is key. e.g. typical retailers will start marking down Christmas merchandise upto 25% 2 weeks before Christmas (since most folks wont wait that long to buy), 50% right after Christmas and 75 to 90% in subsequent weeks Will add more as time permits :) Abhay Nice article Amit, you sum it up all very well for both basic and advanced readers. There are few topics I would like to add for the next series

1. Space Leasing – Stores like Walmart proclaim that they are no longer in the space of selling ‘merchandise’ but more of leasing ‘space’. For example, for bigger suppliers like Pepsi/Coke, Walmart bids for space in stores and gives them out like a lease and the entire inventory and replenishment is handled by Supplier. They can also do their own in store promotions, sample give aways, decorate the isles (e.g. during Superbowl) etc. This concept is gathering more and more traction in US.

2. Markdown Optimization – In retail, quite substantial portion of inventory is sold below marked price and optimizing it to sell is key. e.g. typical retailers will start marking down Christmas merchandise upto 25% 2 weeks before Christmas (since most folks wont wait that long to buy), 50% right after Christmas and 75 to 90% in subsequent weeks

Will add more as time permits :)

Abhay

]]> By: 10 Ways In Which Indian Retail Chain Stores Need To Improve « Amit Paranjape’s Blog http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/#comment-4834 10 Ways In Which Indian Retail Chain Stores Need To Improve « Amit Paranjape’s Blog Sat, 24 Jan 2009 10:20:00 +0000 http://punetech.com/?p=819#comment-4834 [...] to hear your thoughts and experiences regarding these retail chain stores. Recently, I wrote an extensive article about the story of a ‘fictional’ Indian Retailer ‘MahaMart&#821...and how it tackles various challenges, for PuneTech.com. This article goes into depth on [...] [...] to hear your thoughts and experiences regarding these retail chain stores. Recently, I wrote an extensive article about the story of a ‘fictional’ Indian Retailer ‘MahaMart&#821…and how it tackles various challenges, for PuneTech.com. This article goes into depth on [...]

]]> By: How Did MahaMart Survive The Economic Slowdown And Thrive « Amit Paranjape’s Blog http://punetech.com/how-did-mahamart-survive-and-thrive-in-the-2008-economic-slowdown/#comment-4782 How Did MahaMart Survive The Economic Slowdown And Thrive « Amit Paranjape’s Blog Wed, 14 Jan 2009 09:31:14 +0000 http://punetech.com/?p=819#comment-4782 [...] To view the complete article, please click here, “How did MahaMart Survive the Economic Slowdown and Thrive“ [...] [...] To view the complete article, please click here, “How did MahaMart Survive the Economic Slowdown and Thrive“ [...]

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