MIS LabReport
MIS LabReport
Departments:
- Ayush Katwal
9/18/2023
Number of Employees:
Total: 130
Business Process:
The business processes of a retail company encompass a series of activities that
are critical for the efficient and effective operation of the business. These
processes are designed to support the primary objective of the retail company.
- Ayush Katwal
9/18/2023
- Ayush Katwal
9/18/2023
Nature of Competitors:
The nature of competitors for a retail company varies widely depending on factors such
as the type of retail, the market segment it serves, and its geographic location. Here
are some key aspects of the nature of competitors that a retail company may face:
• Private Label and Brand Competition: Competition with national and regional
brands known for their quality and variety. Additionally, with other retailers'
private-label products, which can vary in quality and price.
• Market Share and Dominance: In some markets, large supermarket chains may
dominate, while discount grocers carve a niche in the value-oriented segment.
Online grocery retailers gain market share in the growing e-commerce space.
- Ayush Katwal
9/18/2023
Nature of Customer/Clients:
Types:
The nature of customers and clients towards your retail grocery business can
vary, but here are some common ways they might interact with your business:
- Ayush Katwal
9/18/2023
• Bulk Buyers: Businesses and individuals who buy in bulk may contribute
significantly to sales, relying on the store to meet their quantity
requirements.
Vendors:
The retail company initiates bidding for the large stock to the local farmers
and suppliers. The bidding process involves reaching out to the vendors
who supply the product in question and requesting bids or price quotes.
This allows the organization to compare different offers from vendors to
ensure they get the best value for their money.
✓ Food Distributors
✓ Bakery Suppliers
✓ Meat Suppliers
✓ Dairy Suppliers
✓ Beverage Distributors
- Ayush Katwal