Retail Industry
Retail Industry
OVERVIEW
- Indian retail one of the fastest growing markets in the world . India is the world’s fifth largest global destination in the retail space.
- Retail industry reached to US$ 950 billion in 2018 at CAGR of 13 per cent and expected to reach US$ 1.1 trillion by 2020.
- Retail market in India is projected to grow from an estimated US$ 672 billion in 2017 to US$ 1,200 billion in 2021F.
- India’s modern retail to double in size over the next three years from US$ 13.51 billion in 2016 to US$ 26.67 billion in 2019
VINSON Solutions for Retail Industry includes:
- Network Design, Facility Sizing, Lay-out Design
- Warehouse Management & Distribution Centre Management
- Returns Management & Refurbishment
- Transportation solutions (Last Mile/FTL/Express)
- Packaging Material Solutions
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Value Added Services
- Bundling
- Inserts
- Shrink Wrapping
- Labelling & Warranty
Network Design
- Define all characteristics of the distribution network
- Specify details such as routes, Dealers, retailers etc
- Facility Sizing, Inventory Profiling, Warehouse Layout.
Supply Chain Planing
- Supply and demand planning across network.
- Transportation planning including load planning, mode / carrier
- optimization, load configuration
- Visibility across the network
Transportation Execution
- Freight rating, automated mode/carrier selection
- Load tendering, shipment pickup requests
- Track and trace
Warehouse Management
- Automated, tailor able warehouse functions (e.g. pick, pack)
- Bar coding support
- Inventory management capabilities
Event Management
- Monitor shipments
- Handle exceptions and notify all trading partners