Q-1What are the challenges being faced by Imtiaz supermarket? Q-2 Did these challenges effect customer satisfaction? Explain how with examples Q-3 What could be possible solutions for these challenges? What do you recommend being an entrepreneur?

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
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Chapter2: Introduction To Spreadsheet Modeling
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Imtiaz, a venture of Mr. Hakim Khan Abbasi began operations in the year 1955. His primeval idea was to kick off a small store which could provide general items of daily use to their customers. Over the years as business grew, Mr. ImtiazHussain envisioned of making Imtiaz Super Store, a store which would help make peoples life better. He had a vision to serve people by helping them save money in their day today shopping; a vision to strive and conquer their customer's with love.

 

Currently the Supermarket has three Stores, five warehouses and a packaging unit and this elaborate network is controlled from the Head office located at Karachi, Pakistan. Keeping pace with growth in Retail Sector in Pakistan, company is about to inaugurate a new Supermarket that be biggest one among all three existing super Markets.

 

In recent years, Imtiaz Group has achieved growth through an aggressive strategy for opening new stores. While Supermarket sales are a major driver for this strategy, the company's warehouses had become burdened by poor inventory visibility and control and limited data that compromised its decision making.

 

As an expanding business they required a modern IT platform that could consolidate their Retail and warehousing operations and foster the planned pace of growth.

 

Imtiaz group had previously invested in a Retail Software from a local company, but the system failed to ease their retail & warehousing operational needs. Inaccurate view of inventory in their warehouses and ill planned changes to inventory and transactions was a key concern. Poor reporting capability of their legacy system was another pain point that made it very difficult to operate the business.

 

In Supermarket landscape, itemized view of inventory was required to ascertain pilferage which was a herculean task. Stock data was being stored at different locations leading to constant discrepancy in stock level.

 

Company wanted to take advantage of the latest retail technology in order to offer its customers the most efficient and streamlined purchasing experience, with a focus on fast, effective, and efficient service to each customer. For this, Imtiaz also required an integrated solution that would facilitate control on their stores and showrooms.

 

 

 

 

Q-1What are the challenges being faced by Imtiaz supermarket?

Q-2 Did these challenges effect customer satisfaction? Explain how with examples

Q-3 What could be possible solutions for these challenges? What do you recommend being an entrepreneur?

Q-4 what sort of benefits would it bring to Imtiaz Super Market?

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