Unorganized retailing”, as an outlet run locally by the owner or caretaker of a shop that lacks technical and accounting standardization. The supply chain and sourcing are also done locally to meet local needs. Its organized counterpart may not obtain its supplies from local sources.The major difference between organized and unorganized retailing lie in its … Read more
Logistics plays a very important role in an organization, Even small businesses deal with finding suppliers, if not with transporting merchandise to a store. Business owners also conduct distribution logistics with inventory and warehousing. And, every business owner can tell you about how they handle reverse logistics, with returned merchandise or refusal of services. Hence, … Read more
The scope of logistics management is very wide. It is not confined to manufacturing operations alone.It is pervasive in all types or organizations whether government or private, wholesalers or retailers.
Warehouses generally refer to a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial areas of cities, towns, and villages. When this storage is done on a large scale and in a specified manner it is called warehousing.
Logistics … Read more
Well, Advertising plays a very important role in any type of business, be it Retail or e-commerce. The various ways of advertising strive hard to promote its brand amongst the masses for them to visit the store more often. Also, Advertisements attract the customers into the store. They act as a catalyst in bringing the … Read more
Marketing is to promote/sell products or services by the various means of marketing like advertising etc.
The only goal of marketing is to acquire customers and groom their business and create a trusted brand name.
supply chain performance is very vital for the survival of firms because customers judge the performance of firms basing on their supply chain performance. Procurement is the act of finding, acquiring, buying goods, services or works from an external source, often via a tendering or competitive bidding process. Supply chain management (SCM) is the oversight … Read more
I will surely go for the Books over movies as I am more of a reader and reading books really soothe me. Especially the love novels.