Supply Chain Management of Fmcg Companies - 2364 Words

Supply Chain Management of FMCG industry Group A2 Akshaya M Rajee-MBA10003 Eldho M Abraham –MBA10025 Lijo Jose-MBA10047 Ramya S-MBA10069 Sreeram C-MBA10093 3/9/2011 INTRODUCTION A Supply Chain is a network of facilities and distribution options that performs the function of procurement of materials transformation of these materials into intermediate and finished products and the distribution of these finished products to customers. It is the process used by the companies to ensure that their supply chain is efficient and cost effective. It also basically a collection steps which a company follows to transform raw materials into finished products the five different stages are Plan Develop Make Deliver and Return Plan A plan or†¦show more content†¦SAP has helped emami to achieve this. Improved Timeliness The SAP implementation is helping to reduce the amount of time and effort it takes to full fill customer requests and transactions Strengthens Relationships It increases the quality of customer interactions. Information is accurate The system acts as a warehouse for information and helps to build accurate customer profile. DABUR INDIA LIMITED Overview Dabur India Limited is a leading Indian consumer goods company. The company was started as an Ayurvedic medicine company; it has come a long way today to become one of the leading consumer products manufacturers in India. The company is providing naturebased solutions for a healthy and holistic lifestyle. Supply Chain Process Dabur went on to follow its own model in the supply chain department. It decided not to use a packaged SCM solution due to the high cost and relative lack of complications in its supply chain. It developed an in house easy-to-use Intranet based data-warehouse displays asof-yesterday sales, stock, receivables, banking, and other MIS. The integrated system has a number of unique features. The features are Tight integration schemes Stockists credit limit control Automated banking cheques Online cheque reconciliation Daburs stockists supply to 1.5 million retailers. Seventy percent of the sales are accounted for by the top 500 stockists. The incorporation of these top stockists into its supply chain is a first for any FMCGShow MoreRelatedSupply Chain Management of Fmcg Companies2373 Words   |  10 PagesSupply Chain Management of FMCG industry Group A2 Akshaya M Rajee-MBA10003 Eldho M Abraham –MBA10025 Lijo Jose-MBA10047 Ramya S-MBA10069 Sreeram C-MBA10093 3/9/2011 INTRODUCTION A Supply Chain is a network of facilities and distribution options that performs the function of procurement of materials transformation of these materials into intermediate and finished products and the distribution of these finished products to customers. It is the process used by the companies to ensure that theirRead MoreFmcg Supply Chain- Managing Complexity1446 Words   |  6 PagesFMCG SUPPLY CHAIN MANAGING COMPLEXITY â€Å"Managing Complexity†: Managing complexity can be explained clearly with the help of following trends- 1) Increasing Number of Products and Services: With the increasing consumerism and competition among the organizations to attract more and more customers, customer has become more demanding and uncompromising. Companies are customizing products more and more to retain old customers and attract new customers, to fulfill increasing customer demand and gainRead MoreDecision Phases in Supply Chain1111 Words   |  5 PagesDecision phases in supply chain Successful supply chain management requires much decision to the flow of information, product and funds. Each decision should be made to rise to supply chain surplus. These decision fall in to 3 phases depending on the frequency of the each decision and time frame during which a decision phase has an impact. As a result, each category of decision must consider uncertainty over the decision horizon. * Supply chain strategy or decision During this phase, givenRead MoreThe Impact Of The Gst System In India1131 Words   |  5 Pagesbehind the hitherto lead Sweden at 25%. These complete transformations of the tax regime system from July 1st is going to have a deep impact in supply chain in India like in other sectors: A. FMCG sector: The Indian FMCG sector is the fourth largest sector in the economy with a total market size in excess of US$ 13.1 billion. As per the previous tax regime, FMCG had to pay many taxes like VAT, Service Tax, Excise Duty, Central Sales Tax. GST standard rate at 18% would be lower in comparison to existingRead MoreThe Innovation Of Procurement Of Marico Company Using Enterprise Mobility Strategy Essay1366 Words   |  6 PagesPROCUREMENT IN MARICO COMPANY USING ENTERPRISE MOBILITY STRATEGY (Mrinalini Shah , Nilanjan Chattopadhyay , (2014) Purpose: To study how innovation in procurement process under changing environment helps â€Å"Marico† improve information flow across supply chain with cost reduction with enterprise mobility management. Method: The method adopted here is Mobile Enterprise Strategy that brings in changes and benefits in Marico, which is one of the largest players in Indian FMCG sector. Introduction:Read MoreImpact Of E Commerce Of Fmcg Sector Essay1362 Words   |  6 PagesImpact of E-commerce of FMCG Sector Grocery and FMCG sales together constitute approximately 62% of the Indian retail sales, both unorganized and organized (Modern retail and E-commerce) sectors combined. Organized retail in India is growing its share in India but modern trade has not taken off the way it should have because of various reasons very specific to India. Entire generation of Indian youth is thus directly leapfrogging to e-commerce from shopping in convenience ‘Mom Pop’ stores. ConsequentlyRead MoreMis on Fmcg1678 Words   |  7 PagesA management information system (MIS) is a system or process that provides information needed to manage organizations effectively. Management information systems are regarded to be a subset of the overall internal controls procedures in a business, which cover the application of people, documents, technologies, and procedures used by management accountants to solve business problems such as costing a product, service or a business-wide strategy. Management infor mation systems are distinct from regularRead MoreImportance of Responsive Replenishment in Consumer Products and Retail Industries3794 Words   |  16 PagesIntroduction It has been said that the only thing more difficult than being indifferent to India is to attempt to describe or understand India completely. Most retail and consumer products companies are no longer indifferent to India. It is the fourth largest economy in the world, in terms of Purchasing Power Parity (PPP) and is expected to rank third in 2010, just behind the United States and China. Moreover, recent liberalization of Foreign Direct Investments (FDI) policies for retail tradingRead MoreE-Business Strategy Development: an Fmcg Sector Case Study8643 Words   |  35 PagesCase study E-business strategy development: an FMCG sector case study M. Webster, R. Beach and I. Fouweather University of Bradford School of Management, Bradford, UK Abstract Purpose – This paper sets out to discuss the development of an e-business strategy by a UK soft drinks company. It is based within the Fast Moving Consumer Goods (FMCG) sector (also known as Consumer Packaged Goods), which is characterised by powerful retailers, tier-1 suppliers of industrial end-products and ingredient/rawRead MoreImpact of Gst on Fmcg Sector1927 Words   |  8 Pagesindirect tax reform in India ever attempted and aims to create one â€Å"borderless domestic market†. It will tax consumption as against â€Å"production† which is the current norm. A uniform rate will be imposed on a product only once, at the point of its supply, thus reducing the cost for consumers. Key benefits: If GST is implemented without many exemptions and with a single rate, the following benefits will accrue: * Macro: Successful pan-India implementation will add 1-1.7 % to the GDP and boost the