(R)evolution of retail

(R)evolution of retail

1. Distribution Channel

   • Manufacturer
     • Transforms material into the final product
   • Wholesaler
     • Buys large quantities of goods, stores them and resell them to retailers
   • Retailer
     • Buys large quantities forme wholesalers or manufacturers and sells tjhem to consumers
   • Customer
     • Buys final products from retailers

2. Retail Classifications

   • -Food products -Hard goods -Soft goods

3. Retail Types

   • -Department stores -Super markets -Specialty stores -Discount stores -Conveninence stores -Hypermarkets -Warehouse stores -E-tailers -Multichanel

4. Retail's Value

   • Utility
     • -Form -Time -Place -Possession -Information -Service
   • Activity
     • -Assortmet -Sorting bulk -Hold Inventory -Provide services
   • Vertical Integration
     • -Forward -Backward -Valve chain effectiveness
   • Add-value ativities
     • -Inbound logostocs -Operations -Outbound logistics -Sales and maketing -Service
   • Strategies
     • -Rethink existing formats -Pop-up stores -Low investment levels -Increased promotions -Discounts based on credit -Early holiday season -Reintriduce layaway plans

5. SCOR

   • Plan
     • Retail Link anc UPC bar codes
   • Source or make
     • -Vendor Management Inventory (VMI) -Efficient Consumer Response (ECR) -Quick Responce (QR)
   • Deliver
     • -Cross-docking -5S -E-commerce
   • Return
     • Reverse logistics admninistration