Perpetual Inventory is a method for tracking and knowing the value of inventory and quantity of merchandise on hand at any time by tracking sales, returns and receipts with information systems. A perpetual inventory system is a continuous record of unit quantity/valuation increases and decreases to a particular line item of merchandise in the inventory. […]
INTRODUCTION: The USD 1 Billion Conglomerate- DS Group, the promoter of Ebony Retail Holdings Ltd, is a multinational group founded in the 1940s with business interests in infrastructure development, real estate, IT, hotels & leisure management and retailing. In India, the Group’s thrust is retailing and infrastructure When Ebony first opened its doors to the
Services marketing is marketing based on relationship and value. It may be used to market a service or a product. Marketing a service-base business is different from marketing a product-base business. There are several major differences, including: The buyer purchases are intangible The service may be based on the reputation of a single person It’s
Rural Malls: Chaupal Sagar Chaupal Sagar is one of the first organised retail forays into the hinterland. It was soft-launched on 15 August. It is actually a warehouse for storing the farm produce that ITC buys through its e-chaupals. The mall has come up in one part of this warehouse.It has been set up by
Features of Indian Rural Markets *Large and Scattered market: The rural market of India is large and scattered in the sense that it consists of over 63 crore consumers from 5,70,000 villages spread throughout the country. *Major income from agriculture: Nearly 60 % of the rural income is from agriculture. Hence rural prosperity is tied
Availability of food grains is not a sufficient condition to ensure food security to the poor. In addition to availability of food grains it is also necessary that the poor have sufficient means to purchase food. The capacity of the poor to purchase food can be ensured in two ways. Raise the level of incomes
Why Public Distribution System failed as Retail Mechanism Read More »
An Overview The Indian rural market with its vast size and demand base offers great opportunities to marketers. Two-thirds of countries consumers live in rural areas and almost half of the national income is generated here. It is only natural that rural markets form an important part of the total market of India. Our nation
· If we take out Bata, titan, Indian postal department most of the retail chains in India are in nascent stage they are even not present in all the states they are currently present in A class cities only and only a few are present in B class cities. Whereas in the west retail chains