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MART

This document outlines the business strategy for a merchandising and retailing team called MART. It discusses the vision, mission, and working model for MART which is to provide a practical learning platform for students. The strategy focuses on innovation through automation, including real-time inventory management and a cashless transaction system. It also discusses strategic areas like operations and IT, vendor development and supply chain management, and financial management. The goal is to provide students with real-world retail experience.

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Manasvi Bali
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0% found this document useful (0 votes)
55 views

MART

This document outlines the business strategy for a merchandising and retailing team called MART. It discusses the vision, mission, and working model for MART which is to provide a practical learning platform for students. The strategy focuses on innovation through automation, including real-time inventory management and a cashless transaction system. It also discusses strategic areas like operations and IT, vendor development and supply chain management, and financial management. The goal is to provide students with real-world retail experience.

Uploaded by

Manasvi Bali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Merchandising And Retailing Team


23, June 2014

Business Strategy: The sMART way
Plan
4
Vision
1
To deliver everything, every
time, to every Mandevian in
the most beneficial manner
Mission
2
To provide a practical learning
platform for students to test
thei r management acumen
Working
Model
3
Inventory based model run by
students, for the students
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MART and YOU
Profiles MART offers
+
auto-MART-ic
What Why


Strategic Innovation
1
Integrated Management
Information System
Vending
Machine
s
sMART
Cards
Bar Code
Scanners
24 x 7
MART
Electronic
Cash
Discount
Facility
Automatic
Inventory
Management
Cashless
Transactions
+
+
+
Innovation through Automation
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Can you offer?
Excellence Innovation Commitment
Real Time Inventory Management : Never have a STOCK OUT

Sales
Inventory
OUT
Inventory
IN
Operational Cycle
Threshold Inventory Management
Operations and IT
2
+

Vendor Development
Supply Chain Management
3
Continuously evaluating
the vendors in terms of
credit facilities and
shopping experiences
Following the vendor
development model of
companies like Flipkart,
Amazon
Future plans include
sourcing directly from
major FMCG companies
Identification of the needs
of the students through
various sources.
Intelligent and Strategic
Sourcing
Maintain an online
database of all vendors
Real life field experience enhancing your Negotiation Skills
Identification of the best deals
Not just on the basis of cost but also taking into account various other parameters
Learning
+
Practical exposure into managing the finances of a retail business

Financial Management
Finance
4
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Selection process
Note!
Timelines shall be
communicated in due
time
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The MARTians
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Questions

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