sourcing destination of the food articles at reliance (1)

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    SOURCING DESTINATION OF THE FOOD

    ARTICLES AT RELIANCE FRESH

    Presented by:

    Vinitha

    Manish

    Vivek

    Dipesh

    Niraj

    Alpa

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    COMPANY PROFILE

    Reliance Fresh is the convenience store format.

    Started his business in 2006 from HYDRABAD. Headed by Mr. MUKESH DHIRUBHAI AMBANI.

    Already has in excess of 1000 outlets across the

    country.

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    Reliance fresh is having 6 retail outlets in

    jamshedpur:-sakchi, golmuri, adityapur,

    mango,dimna & bistupur.

    These stores sells various food and non-food

    articles.

    Adopted Farm-to-Fork model which aimed at

    reducing midllemen.

    This model caters to numerous farmers &

    customers.

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    OBJECTIVES

    Primary objective:-

    To study the sourcing destination

    of different food articles at reliance fresh injamshedpur

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    OBJECTIVES CONTD..

    Secondary objective:-

    What are the different food articles at reliance

    fresh What is the purchase process of different food

    articles

    What is the distribution channel adopted.

    Process of reordering How excess or damaged products are managed.

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    TYPES OF FOOD ARTICLES AT

    RELIANCE FRESH

    Fruits & Vegetables

    Staples

    Packaged products

    Dairy products

    Bakery items

    Confectionaries

    Ready to eat, etc.

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    SOURCING OF F & V

    Reliance outlets(jsr)

    Indenting

    (how much to order)

    Distribution centre(ranchi)

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    DISTRIBUTION CHANNEL

    National

    SourcingNational

    Sourcing

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    TRADITIONAL MODEL OF RETAIL RELIANCE FARM TO FORK

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    STAPLES

    (FOODGRAINS,PULSES&CEREALS)

    LOOSE/UNPACKAGED PACKAGED

    BRANDED PRIVATE BRANDS

    > RELIANCE SELECT

    > RELIANCE VALUE

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    SOURCING OF PAKAGED PRODUCTS

    MANUFACTURERS

    DISTRIBUTION CENTRE

    RELIANCE FRESH OUTLET

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    OVERALL PURCHASE PROCESS OF

    THE FOOD ARTICLES

    1) Indenting by the store manager

    2) After 3 days goods arrives at the outlet3) GIN matched with the PO raised at the time of placing

    order.

    4) GIN approved when 100% matches with the PO

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    5) The goods are unloaded and entry made into the

    system.

    6) In order to avoid any discrepancies status tracking

    of PO is done on continous basis.

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    SWOT ANALYSIS OF RELIANCE RETAIL

    STRENGTHS

    Brand equity Good financial position

    Backward integration

    Minimising suppliers power(porters 5 force

    analysis) Reducing cost of sourcing

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    Horizontal integration

    Gaining increased economies of scale

    Gain composite market presence

    Helps n transfer of resources & competencies

    Strong IT and backend operations

    WEAKNESS

    multi-retail format

    Presence at prime location

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    OPPORTUNITIES

    Growing retail market Increased purchasing power

    Many untapped market

    THREATS

    Increasing competition

    Low price competition

    Increase in the operating cost

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    CASES WHERE THE LOSS OF FOOD

    ARTICLES TAKES PLACE

    Dump

    Shrinkage Employee theft

    Shop lifting

    Administrative error

    Vendor fraud

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    FUTURE PLANS

    Reliance fresh wants to become homegrown

    retailer.

    Reliance retail is Planning to open 2 footprints

    outlet in Jamshedpur.

    Due to less peer support reliance fresh has to

    shutdown his outlet of jugsalai. Now they must

    Trained peer support workers.

    Reliance Retail plans to raise up to Rs 4,500 to

    accelerate store openings and grow aggressively.

    http://economictimes.indiatimes.com/topic/Reliance%20Retailhttp://economictimes.indiatimes.com/topic/Reliance%20Retail
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    "The funds will primarily be invested in adding

    several big-box stores as well as in expanding

    aggressively in the consumer durables and apparelformats," a senior Reliance Retail executive said.

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