Analysis of Supply Chain in Reliance Fresh Retail
Contents
Introduction……………………………………………………………………………………....3
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Supply chain and retail: The means to the end……………………………………………......3
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Network critical………………………………………………………………………………...4
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Effective SCM enables…………………………………………………………………………4
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Four R's of SCM………………………………………………………………………………..4
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Current SCM of F&V in India………………………………………………………………...5
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Supply chain …show more content…
That's why retailers and their trading partners today set store by the inventory process and its impact.
Effective SCM enables
Realistic ordering lead-times: Suppliers are not surprised by the next order. Retailers respond better to demand spikes, minimize forced markdowns and avoid obsolete-inventory costs.
Averting problems: Stores easily identify potential stock-outs and request replenishment before the inventory drops to zero. Deciding to de-list or replace a product is easier.
Facilitating resource planning and allocation: Product forecasts and supply schedules are easily converted to perform space planning, establish staffing needs and organise inbound/outbound shipments. Financial experts can plan cash flow and analyse margins into the future.
Four R's of SCM
4 `R's of SCM Right time, Right place, Right price, Right quantity
The key players in the logistics industry are gearing up to meet the challenges by initiating both organic and inorganic growth to leverage the retail opportunity. Logistics firms have also started focusing on related services such as Customs clearing and forwarding, inbound warehousing, labeling and packaging, fleet management, order picking and inventory management.
Current SCM of F&V in INDIA
Produce travels very slowly and inefficiently through a series of intermediaries before reaching the hands of customers, suffering mark-ups, wastages and quality losses along the way. In this