retail solutions for itc’s wills lifestyle

10
PREPARED BY- 2K91 (GROUP 1) ABHIJIT SAHA, A02 ABHISHEK VOHRA, A04 ADITYA JAIN, A06 ANAMIKAA SHISHODIA, A10 ANIRBAN CHAKRABORTY, A11 Retail Solutions For ITC’s Wills Lifestyle

Upload: abhishek-vohra

Post on 22-Nov-2014

115 views

Category:

Documents


5 download

TRANSCRIPT

Page 1: Retail Solutions For ITC’s Wills Lifestyle

PREPARED BY- 2K91 (GROUP 1)ABHIJIT SAHA, A02

ABHISHEK VOHRA, A04ADITYA JAIN, A06

ANAMIKAA SHISHODIA, A10ANIRBAN CHAKRABORTY, A11

Retail Solutions For ITC’s Wills Lifestyle

Page 2: Retail Solutions For ITC’s Wills Lifestyle

ITC Major Brands

Page 3: Retail Solutions For ITC’s Wills Lifestyle

Major reason for success-IT

Fashion and Retail Functionality

Page 4: Retail Solutions For ITC’s Wills Lifestyle

Collaboration with Intentia

Improve Efficiency

Balance between supply and demand

Flexibility in supply chain

Page 5: Retail Solutions For ITC’s Wills Lifestyle

1. Facilitation By Movex and PREDATOR

The main objective for these two retail solutions was to improve its efficiency in:

1. Store billing,2. CRM,3. Distribution and Manufacturing

operations,4. Better demand forecasting and effective

management of production,5. Achieve technological superiority,6. Achieve balance between supply and

demand.

Page 6: Retail Solutions For ITC’s Wills Lifestyle

2. Managing Retail Strategy

1.IT strategy:Implementation of software applications: ERP

(FMCG), shop floor automation (paperboard), domain specific ERP’s (commodity trading and leisurewear and SAP (Tobacco).

SAP was common in other retail companies.

Page 7: Retail Solutions For ITC’s Wills Lifestyle

2. Collaboration strategy:

Objective of LRBD:-Collaborated with Intentia to improve its

retail management.

Objective of Intentia:-Achieve leadership status in the South Asia

region in fashion and retail verticals.

Page 8: Retail Solutions For ITC’s Wills Lifestyle

3. Customer Service Strategy:-

Provide International shopping experience, world class ambience, customer facilitation and differentiated product presentation.

Page 9: Retail Solutions For ITC’s Wills Lifestyle

4. Demand Flow Strategy:-

Collaborated with Intentia to manage demand forecasting.

Achieve balance between supply and demand at minimum cost.

Achieve flexibility in supply chain.

Page 10: Retail Solutions For ITC’s Wills Lifestyle