This document provides an overview of Bharti Wal-Mart Private Limited, a joint venture between Bharti Enterprises and Walmart. Some key points:
- Bharti Wal-Mart operates wholesale cash-and-carry stores in India under the name "Best Price Modern Wholesale" that supply retailers.
- The stores offer approximately 6,000 food and non-food items at competitive wholesale prices to help lower retailers' costs.
- Over 90% of goods are sourced locally in order to support the local economy and minimize costs.
- In addition to its stores, Bharti Wal-Mart has invested in efficient backend supply chain management to maximize value for farmers, manufacturers
This document provides an overview of Bharti Wal-Mart Private Limited, a joint venture between Bharti Enterprises and Walmart. Some key points:
- Bharti Wal-Mart operates wholesale cash-and-carry stores in India under the name "Best Price Modern Wholesale" that supply retailers.
- The stores offer approximately 6,000 food and non-food items at competitive wholesale prices to help lower retailers' costs.
- Over 90% of goods are sourced locally in order to support the local economy and minimize costs.
- In addition to its stores, Bharti Wal-Mart has invested in efficient backend supply chain management to maximize value for farmers, manufacturers
This document provides an overview of Bharti Wal-Mart Private Limited, a joint venture between Bharti Enterprises and Walmart. Some key points:
- Bharti Wal-Mart operates wholesale cash-and-carry stores in India under the name "Best Price Modern Wholesale" that supply retailers.
- The stores offer approximately 6,000 food and non-food items at competitive wholesale prices to help lower retailers' costs.
- Over 90% of goods are sourced locally in order to support the local economy and minimize costs.
- In addition to its stores, Bharti Wal-Mart has invested in efficient backend supply chain management to maximize value for farmers, manufacturers
About Bharti Wal-Mart Private Limited Bharti Wal-Mart Private Limited is a joint venture between Bharti Enterprises, one of India's leading business groups with interests in telecom, agri-business, insurance and retail, and Wal- Mart, the worlds leading retailer, renowned for its efficiency and expertise in logistics, supply chain management and sourcing. The joint venture is establishing wholesale cash-and-carry and back-end supply chain management operations in line with Government of India guidelines. Under the agreement, Bharti and Wal-Mart hold a 50:50 stake in Bharti Wal-Mart Private Limited. The first wholesale cash-and-carry facility named Best Price Modern Wholesale opened in Amritsar in May 2009. Wholesale Cash-and-Carry to Benefit Retailers Best Price Modern Wholesale store is a one-stop shop that meets the day-to-day needs of restaurant owners, hoteliers, caterers, fruit and vegetable resellers, kiranas, other retail store owners, offices and institutions. The store offers an assortment of approximately 6,000 items, including food and non-food items, which are available at competitive wholesale prices, allowing retailers and business owners to lower their cost of operations. More than 90 percent of these goods and services are being sourced locally; thereby helping keep costs to a minimum, adding to the growth of the local economy and creating job opportunities, with the cash and carry store directly employing more than 200 local people. Wide Range of Quality Merchandise A typical wholesale cash-and carry facility will stand between 50,000 and 100,000 square feet and sell a wide range of fruits and vegetables, groceries and staples, stationery, footwear, clothing, consumer durables, and other general merchandise items. Efficient Supply Chain to Help Minimize Wastage and Maximize Value for all Key Stakeholders The joint venture has also invested in establishing an efficient back-end supply chain management operation. The joint venture works with the existing supply chain infrastructure to 2
help make it more efficient, thereby maximizing value for farmers and manufacturers on the one end and retailers, and in turn, consumers on the other. The supply chain operation supports farmers and small manufacturers who have limited infrastructure and distribution strength and help minimize wastage, particularly of fresh foods and vegetables. An efficient supply chain can play an important role in transforming farmers and small manufacturers into successful entrepreneurs. Technical Collaboration between Bharti Retail and Wal-Mart In addition to the joint venture, Bharti Retail (a wholly-owned subsidiary of Bharti) has entered into a franchise agreement with Wal-Mart whereby Wal-Mart provides certain technical support to Bharti Retail. For its front-end retail venture, Bharti Retail requires critical retail technology and technical know-how. Within the framework of permitted franchise arrangements, Bharti Retail has entered into a technical collaboration with Wal-Mart whereby Wal-Mart provides such critical technical support to Bharti Retail. Since April 2008, Bharti Retail has opened 48 small format stores and two medium format stores in the states of Punjab, Haryana, Rajasthan and Delhi. Sourcing from India Wal-Mart has been sourcing a variety of products from suppliers in India for more than 20 years. Wal-Marts office in Bangalore serves as Wal-Marts Global Procurement (GP) hub for the sourcing of merchandise from India and Sri Lanka to Wal-Mart stores and Sams Clubs globally. GP India also manages Global Procurement from Sri Lanka, including quality control/ assurance audits and ethical sourcing factory compliance audits in Sri Lanka. Major categories sourced from India include home textiles (including towels, shower curtains, bath mats, accessories, bedding sheets, and kitchen linens), apparel (including woven, knitwear and leather footwear), leather accessories, fine jewellery, and house wares (including fine dining ware, home dcor and tabletops). The main categories sourced from Sri Lanka are apparel, textiles and gifts.
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Various branches under marketing segment at best price: ASSISTANT MANAGER MARKETING AND MEMBERSHIP: Mr. Rajinder Sharma. 1. RESELLER (TEAM LEADER:-Mr. Neeraj Kapoor) 2. HORECA (TEAM LEADER:- Mrs. Pratibha Kaur) 3. O & I (TEAM LEADER:- Mr. Anup Mehra)
As the policy of BEST PRICE, Bharti Wal-Mart under the FDI (Foreign Direct Investment) is to sell the products only under the following Rules: 1. CASH AND CARRY 2. BUSINESS TO BUSINESS (B2B)
1.2 COMPANY PROFILE Bharti Wal-Mart Private Limited is a joint venture between Bharti Enterprises, one of India's leading business groups with interests in telecom, agri-business, insurance and retail, and Wal- Mart, the worlds leading retailer, renowned for its efficiency and expertise in logistics, supply chain management and sourcing. The joint venture is establishing wholesale cash-and-carry and back-end supply chain management operations in line with Government of India guidelines. Under the agreement, Bharti and Wal-Mart hold a 50:50 stake in Bharti Wal-Mart Private Limited. The first wholesale cash-and-carry facility named Best Price Modern Wholesale opened in Amritsar in May 2009. Wallmart is the world's largest chain store serving the entire country. The Wallmart stores are operated by either a franchisee, an affiliate, or the corporation itself. The corporation's revenues come from the rent, royalties and fees paid by the franchisees, as well as sales in company- operated stores. Wallmarts revenues grew 27% over the three years ending in 2013 to $22.8 billion, and 9% growth in operating income to $3.9 billion. Wallmart Stores supply the products to various Government offices, Semi Govt. Offices, NGOS and govt. Aided Institutes, Schools, Colleges, Universities, Gurudwaras, Temples, Mosques etc. 4
As these being big institutes so they appoint some persons on the behalf of the institutes they belong to the buy products for them. The orders are taken by the BDAs and through the system of ORDER AND PULL AND CASH PICK UP the ordered items are supplied in proper quantities. Various Categories of products include the mix of Reseller and HoReCa.
1.3 BOARD OF DIRECTORS SH. BRIJMOHAN LAL (CHAIRMAN)
SH. SATYANAND MUNJAL (CO-CHAIRMAN CUM M.D WORKS)
SH. OM PARKASH SETH (CHAIRMAN CUM M.D MKTG. & ADM.)
SH. VIJAY KUMAR RANA (M.D INTNL MARKETING)
SH. SURESH CHANDRA (M.D DOMESTIC MKTG.)
SH. ASHISH KUMAR (M.D UNIT TO SAHIBABAD)
SH. SUNIL KANT (M.D C.R DIVISION)
SH. PANKAJ (M.D NEW HERO AUTO RIM DIV.)
SH. S.K RAI (M.D WORKS)
DR. M.A ZAHIR (DIRECTOR)
DR. D.R SINGH (DIRECTOR)
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1.4 VISION AND MISSION The Vision "We, at the Wallmart Group are continuously striving for synergy between technology, systems and human resources to provide products and services that meet the quality, performance, and price aspirations of the customers. While doing so, we maintain the highest standards of ethics and societal responsibilities, constantly innovate products and processes, and develop teams that keep the momentum going to take the group to excellence in everything we do." The Mission Statement "Its our mission to strive for synergy between technology, systems and human resources, to produce products and services that meet the quality, performance and price aspirations of our customers. While doing so, we maintain the highest standards of ethics and societal responsibilities. " This mission is what drives us to new heights in excellence and helps us forge a unique and mutually beneficial relationship with all our stakeholders. We are committed to move ahead resolutely on this path, shown to us by visionaries like Mr. Satyanand, Mr. Om Prakash, the late Mr. Dayanand and late Mr. Raman Kant, Mr. Brijmohan Lal, Chairman & MD - THE Wallmart GROUP.
1.5 PRODUCTION This segment of Marketing sells the products to the Wholesalers, Entrepreneurs, and Small Businessmens particularly to those persons who after keeping their own margins and Profits sells them to the consumers. Area Covered by Zirakpur Branch under Reseller segment is: Chandigarh, Rajpura, Mohali, Ambala, Panchkula etc. and to nearby villages. Categories of Product under Reseller Segment: FMCG COMMODITIES 6
The work is carried out in a Team fashion a T.L heads a team of various BDAs who bring in the orders from various Resellers and order is given the OPA team, who direct the work to the Floor Staff and then through the process of Order and Pull the requirement required by the consumer is checked and the stock available is checked the various items are pulled and then all the required items are sent to Operations team for Billing. The items are billed and on the discretion of the member it can be transported by the BEST PRICE TEAM or by their own Transport. 1.5.1 Process
TEAM LEADER BDA BDA FLOOR ASSSOCIATE OPERATIONS TEAM CASHIER BDA 7
THE ORDER IS COMPLTED BY THIS PROCESS. It can be done by three processes: 1. Member visiting the store by himself and buys and carries himself the products.
2. BDA team takes the order and supply the items to their respected shops by the process of CASH PICK UP by 3 PARTY LOGISTICS. In this after the order has been placed cash pick up team with a security guard pick up the cash and the order is finalized.
3. Transporting the Material by charging minimal amount.
1.5.2 HORECA
This Segment covers Hotels, Restaurants, and Catering Sub-Segment. This segment act as the consumer of the products. The material supplied is used as the Raw Material to process the products and the processed material is sold by these concerns.
HoReCa HOTELS RESTAURANTS CATERING 8
Various Categories of Products under HoReCa Segment: 1. Food items 2. Non food items 3. Confectionary and Juices 4. Dairy And Fruit 5. Non Veg To gain business in this segment one has to provide the best quality at best price. The business is generated by taking the orders and supplying the order as we did in Reseller Segment. In this segment the main aspect which has to be kept in mind is Customer Satisfaction and Customer Relation. 1.7 SWOT ANALYSIS Strengths - Wal-Mart is a powerful retail brand. It has a reputation for value for money, convenience and a wide range of products all in one store. Cost advantage Low price & customer-oriented Strong supply chain People are key to success Weaknesses - Wal-Mart is the World's largest grocery retailer and control of its empire, despite its IT advantages, could leave it weak in some areas due to the huge span of control. Ignore store decoration Since Wal-Mart sell products across many sectors (such as clothing, food, or stationary), it may not have the flexibility of some of its more focused competitors. Opportunities - To take over, merge with, or form strategic Alliances with other global retailers, focusing on specific markets such as Europe or the Greater China Region. Build its own brand 9
Put efforts on social welfare better image New locations and store types Overseas markets Threats - Being number one means that you are the target of competition, locally and globally. Other competitors Intense price competition
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