Dear
Rajesh,
Enjoyed
reading your
article in today’s Business Line , where you write :
·
E-tail is different from e-commerce
·
·
Clearly, the correct diagnosis is that this
important sector lacks recognition. If this is accepted and retail gets
recognition as an industry, the treatment becomes simple, effective,
result-oriented. Till then, we would continue to see guidelines and
clarifications which are like medicines that suppress the symptoms instead of
treating the ailment
In
this context , you might like my following blog
With
regards,
Hemen
Parekh / Mumbai
Bypass E : Go from D to F
D = Dumb Commerce > E = E
Commerce > F =
Future Commerce
That is what Mukesh Ambani is
telling the small merchants of West Bengal
Here is how :
Extract
from News report :
Ambani's
so-called "new commerce"
venture aims to connect small merchants with his retail network and
warehouses, helping them better manage their inventory.
It already
has more than 500 retail stores in the state, selling everything from clothes
to groceries, and the new plan would "increase
manifold" its warehouse space in the next 24
months in West Bengal, he said.
The new e-commerce platform " will bring win-win benefits to consumers, retailers and producers " and help 30 million small shopkeepers, Ambani said.
The
billionaire businessman has been more vocal about his e-commerce plans after
India in December imposed new restrictions on how foreign companies operate in
the e-commerce sector. The new rules, which kicked in on Feb. 1, have disrupted
product listings on Amazon.com's India website.
=======================================================
How will he
“ better manage their inventory “ ?
On 17 July 2018, in my blog [ MA = DA x 4,000,000 ? ], I imagined
Mukesh telling those small shops as follows :
=============================================================================
INVENTORY
:
On a continuous basis , our
web server will keep a track of each and every item of merchandize sold from
your stores
Our Server will calculate ,
your " Stock Movement "
Based on this data , our
Server will compute / set for each item :
# Minimum Stock
Level
# Alarm Stock
Level
# Stock Re-Order
Level
# Re-Order
Quantity ( Minimum Batch Size )
Based on this logic , our
Server will instruct the relevant " Merchandize Manufacturers " ( or
their dealers / stockists ) , to deliver the stipulated " Re-Order
Quantities " to your stores
A " Re-Order Instruction
intimation " , will get delivered to your computer
Upon arrival , you will need
to update the data
From time to time , our
Software will also figure out your current stocks of " Extremely Slow
Moving " and " Obsolete / Expired " items , and arrange for
" Return Delivery " , which you will need to enter in your database
===================================================================
In what
other matters , will he help those small shops ?
My blog lists following other
areas where Reliance Retail / Jio , will help those 30
million small shops to bypass E Commerce and
directly jump onto F Commerce :
To understand the entire
spectrum of Mukesh’s game plan , you will need to look up :
Jio Hubs : Entrepreneurs Apply ……………………[ 19 Sept 2018 ]
Re-defining Retail : Maini and Mukesh ………… [ 30 Oct 2018 ]
Weave a Wondrous World [ W3 ] …………………..[ 20 Jan 2019 ]
Let no one suspect that
Mukesh Ambani ( mukesh.ambani@ril.com ) finds time
to read my emails !
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