Big Bazaar's Standard Operating Procedures

Supply management can be studied as both an instant field of practice and forming academic domain (Storey, Emberson, Godsell, & Harrison, 2006). It was eventually about influencing behavior in particular directions and in particular ways. The fundamental logics, drivers, enablers and barriers asset and exact close attention in supply management. Manufacturers, retailers, suppliers, and wholesalers are the members in supply chain. Supply chain management (SCM) is normally applying in integrated wholesaling and retail businesses (Wisner & Tan, 2000). SCM is comprehensiveness with logistics and physical distribution functions with reducing lead time of delivery. It is a comprehensive philosophy intent on management’s purpose to sustain or establish competitiveness in a quickly growing environment, through more able distribution, and purchasing activities (Cooper & Ellram, 1993; Giunipero &

The retail division has accepted an awesome part all through the world in extending productivity of customer items and endeavors. It is similarly the second greatest industry in US to the extent amounts of agents and establishments. There is no denying the way that most of the made economies are particularly relying upon their retail territory as a prepare of advancement. The India Retail Industry is the greatest among each one of the organizations, speaking to more than 10 percent of the countries GDP and around 8 for every penny of the work. The Retail Industry in India has drawn nearer as a champion among the most dynamic and snappy paced organizations with a couple of players entering the market. Regardless, every one of them have not yet tasted accomplishment in perspective of the generous beginning hypotheses that are required to measure up to the underlying speculation with various

As we all know, the retail industry is very crucial and is highly competitive. As this company

India is standing on the threshold of a retail revolution and witnessing fast changing retail

•  India's $250 billion retail business is the eighth largest in the world and has the potential to grow 7 per cent by 2011. [McKinsey Report] For a company already dominating the world markets, this is an un-passable opportunity.

The global supply chain in the retail industry has witnessed changes and shifts which have led to opportunities and challenges for the involved players. This has occasioned shifts in trade and consumer behavior patterns. Among these are global growth patterns brought about by explosion of more cities and thus growth in infrastructure. There have been flexible supply chain trends which have enabled retail operators to adapt effectively to unexpected circumstances and changes. Moreover, globalization has changed the way retail supply chain is managed as more mature markets emerge to provide logistic and standard solution needs of the businesses. Conversely, near-shoring has

department of the company. In the internship report I will try to depict the whole

Over the last few decades, the role of logistics in business has increased in scope as well as in strategic importance (Caplice and sheffi, 1995). In general, distribution logistics is expected to ‘provide the right goods at the right time, at the right place, in the right amount and quality, and at the right price’ (Jünemann & Daum 1989, p. 18.)

There are many challenges being faced by the logistics industry today as the companies strive for sustainability. This is because the providers of logistics services have, over a period of several years, found them being integrated into the production processes of their customers, while at the same time, governments and businesses have continued to carefully weigh the issue of logistics in their investment and business decisions. Some of the previous trends and the forces of the operations of logistics that drive the transformation of a Freight forwarding company will be examined. It will focus on theories, conceptual models and frameworks that explain logistic operations. The gaps in the logistics operations and the dangers of not addressing

Indian Retail industry is going through a favourable era, offering the opportunity to grow faster, expand business and strengthen the competition. In the field of retailing, organized sector is growing and unorganized is competing with which is traditionally followed. Indian retail industry is growing in a good momentum. Increasing competition makes it difficult for any company to gain competitive advantage over the competitors. Retailing is a low margin, high volume, commodity business where profitability gets strained as competition intensifies A broad consumer base and an ever increasing population have given the necessary push to the Indian retail industry to grow prodigiously. The changing lifestyle and rising disposable incomes are

The retail industry India is so pivotal that it accounts up to 14% of the country’s national gross domestic product and provides jobs for nearly 10% of the entire country and is expected to rise at prompt rates. Before the rapid rate in India’s population there were plenty of competition within the Indian retail sector, but not between major licensed retail corporations but amongst small mom and pop stores, mobile carts and pavement vendors which are known as the unorganized retail sector, which in earlier yeas accounted for nearly 98% of the country’s retail market. With India’s population 1billion plan and the GDP growth estimate at 7.5% in upcoming years all sorts of different opportunity for all mass merchants and food retailers to expand their businesses locally and nationally were up for grasp. It was apparent the Indian retail sector was on its way to becoming worth billions of dollars, so the country saw many different companies beginning to funnel into the retail sector with hopes of taking advantage of all the positive changes in the region. As more and more business began entering the market the more competition presented itself.

Today global retailers are managing thousands of vendors and potential millions of individual customer across the world through efficient supply chain network. With worldwide sourcing, diverse merchandise and varied selling formats, supply chain is becoming complex every day. Retailers are wishing to take position in fast moving hugely competitive market must find the right supply chain solutions that will able them to deliver their products to customer at right place and a right time. Retailers always aim for broader product variety , best profitable selling price and lower cost (Hubner and Kuhn, 2012) and are growing vertically by encompassing more logistical functions (Fernie et al., 2010). In this volatile economic environment, retail industries are experiencing with some supply chain issues such as complexity in supply chain network, less practice of effective CSR, waste management, technology upturns and sustainable supply issue etc. These issues are being considering solemnly in order to bring more efficiency in supply chain. Because of inability to get the right products to right place at right time, retailers still losing big amount of revenue though they heavy invested on IT.( e.g. Friend and Walker, 2001; Gruen et al., 2002)

In view of the rapidly and constantly changing business environment globally and fast evolving trade and commerce scenario in India vis-à-vis global market, there is increasing requirement of reliable and dependable integrated logistics solutions providers who can provide comprehensive, professional and dependable logistics support to the industry, keeping the same in mind and with the vision to provide quality and professional comprehensive logistics solutions to the international & domestic trade.

The supply chain and its efficiency are of tremendous significance in this competitive market scenario. There are several forces which impact a supply chain: some intrinsic to the organization, some market specific and others fiscal in nature. The fiscal costs have thus remained a key determinant of supply chain designs in India with manufacturing bases and distribution networks

In the Indian scenario, with relatively less importance given to efficient logistics, the market leaders in beverage industry like Coca Cola, PepsiCo and Parlé Agro have their own well established strong logistics network. The other small scale industries producing both carbonated and non-carbonated soft drinks in glass/ PET bottles or in Tetra Pak cartons have a comparatively well established third-party logistics system. They have the help of local providers in providing vehicles for small transfers which help them in overcoming problems such as demands for bribes by retailers, security and other logistics