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Posted in Community :

Retail & Supply Chain Professionals

 
Industry : Retail Chain/Logistics
Functional Area : Business Processes
Activity: Question posted: 10 08 2008 18:50:43 +0000, 1 answers, 206 views, last activity 07 06 2010 20:18:08 +0000
 
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  Answered by     vasant srinivasan, Retail Head  | 10 22 2008 08:48:28 +0000
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The biggest overhead for any retail venture should be the rentals (approx- 10%-17% in established markets) on their TO. lot of retailers have either shifted to revenue sharing  with mall developers instead of rentals>> i feel it makes better sense for these developers/real estate company to jump into the foray- as they surely hold an advantage over the rest....the rest of the game is all common for anybody else...and regarding supply chain, inefficiencies are caused mostly by constant reworking/fluctuation of market trends/merchandising/pricing and sales policies and not by the incompetencies of the supply chain managers alone... it is going to be a difficult task, to cater to a chain of stores within the country with such a variety of regional/zonal/preferences...you can never be 100% spot on..!!!

 
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