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Stock Management of BIGBAZAR

This document summarizes a study on stock management practices at Big Bazaar retail stores. It discusses how Big Bazaar manages inventory through centralized distribution centers that supply nearby stores. Stores also procure some goods locally. Automated replenishment systems are used to manage store-level inventory. The document outlines the inbound and outbound logistics processes at distribution centers and stores, including receiving, storage, order fulfillment, and inventory tracking. It also discusses shrinkage management, perishables handling, and customer feedback on inventory availability and organization.

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NikhilMahindrakar
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116 views16 pages

Stock Management of BIGBAZAR

This document summarizes a study on stock management practices at Big Bazaar retail stores. It discusses how Big Bazaar manages inventory through centralized distribution centers that supply nearby stores. Stores also procure some goods locally. Automated replenishment systems are used to manage store-level inventory. The document outlines the inbound and outbound logistics processes at distribution centers and stores, including receiving, storage, order fulfillment, and inventory tracking. It also discusses shrinkage management, perishables handling, and customer feedback on inventory availability and organization.

Uploaded by

NikhilMahindrakar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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“A STUDY ON STOCK MANAGEMENT”

AT

Prepared by
Budhaditya Saha – 12DM003
Pritam Das – 12DM006
Chittaranjan Behra – 12DM001
Abhishek Maharana – 12DM010
STOCK MANAGMENT
Stock Management or Inventory Management is managing the
stock with the company or management in the procurement of the
stock.

This stock management in retail industry involves in


procurement of goods after analyzing the various factors that drives
it and also the movement of the same to the customer.

 It is indeed very important as inventory ties a large amount of


money of the company.

Moreover the stock management is essential because adequate


amount of stock always helps in saving company’s money and also
efficiently utilize the pilling space(ware house).

Also improper stock management leads to Shrinkage of goods


and hence shrinkage management now a days is an important part
of the stock management.
SUPPLY CHAIN MANGEMENT AT BIG
BAZAAR

Procurement in Big Bazaar happens from


 Central Distribution Center.
Local Vendors.

The Stock in the store is managed by Automated Replenishment


System (ARS).

The CDC are located in such a strategically positioned so that it can


easily caters to the nearby Big Bazaar.

For the Stores of Eastern Zone the CDC is located at Barasat.


SUPPLY CHAIN MANGEMENT AT BIG BAZAAR
CENTRAL DISTRIBUTION CENTER

MANUFACUT
ER

CENTRAL
MANUFACUT DISTRIBUT
ER ION
CENTER

MANUFACUT
ER
SUPPLY CHAIN MANGEMENT AT BIG BAZAAR
LOCAL PROCUREMENT

LOCAL
VENDORS

LOCAL
VENDORS

LOCAL
VENDORS
WARE HOUSE MANAGEMNT
INWARDING PROCESS AT WARE HOUSE

PO generated by the ARS

Received by the Vendor

Vendor delivers the goods

IRN is issued by the warehouse management team

Stock Tally. If stock tally fails than discrepancy note is generated

GRN is issued

Stock is either pilled in the ware house or sent to the floor for sale
WARE HOUSE MANAGEMENT
OUTWARDING PROCESS AT WARE HOUSE

Raising of PO to the vendor by the CDC

Delivery of Stock to the CDC

Receiving of the stocks after weighing, counting and generation of IRN

Information is transferred to SAP

Generation of GRN

Stocks pilled stored in the warehouse of CDC

PO generated from stores to CDC


Outwarding of material from CDC

Receiving of goods at the Big Bazaar store.


DAMAGE AND DEFECTIVE
STOCK MANAGEMENT

Damage goods management.

Defective goods management


MANAGEMENT OF STOCKS ON THE FLOOR

The stocks entered into the floor can only come out with a
customer unless damage or defective(expired product)

The stock mangement on the floor depends on the foot fall of


customers

 The stock management on the floor are analyzed by the


department manager

The concerened DM request for the replenishment when the sales


are high.

 The request are received by the warehouse team and accordingly


replenishment happens.
SHRINKAGE MANAGEMENT

 The store is finding a huge loss in


the form of shrinkage.

 In spite of high security at the


store the store is finding a high
time in managing the shrinkage.

 The company ties up hard tag,


soft tag in the product to reduce
the shrinkage

Also the company has deduced new strategy of manually counting each
and every product of store every quarter. This process is called Stock Take.

Total Number of Goods in the Books – Total Number of Goods in


Physical =Shrinkage
TYPES OF INVENTORIES MAINTAINED

Inventories maintained in Big Bazaar are ,

Foods
Staples
Apparel
Beauty Products
Utensils

Inventory Maintenance

As depending on the Automated Replenishment System.


The reorder points are set depending on the sales of previous 3 months
and hence the ARS generates the demand.
UNEXPECTED DEMANDS

 Contact nearby Big Bazaar.

Contact other FBB stores.

Contact Pantaloons.

They never try to lose the customer


and hence provide them the best help.
PERISHABLE GOODS

 Perishable goods like vegetables are maintained in a shop in shop format.

 This is not directly maintained by Big Bazaar but by outside vendor.

 The bills are under open MRP which is settled on a daily basis.
RESPONSE FROM CUSTOMERS AND
OBSERVATION

Customers are happy with the way the stocks


are arranged.

Many customers made the point that goods are


not available but when they report about that the
management arranges the same.

It was also found the racks are arranged


properly but the labeling of the racks are wrong
many times.

Also observed that stock replenishment takes


time and hence customer needs to report to the
management.
THANK YOU 

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