Business Strategy: The sMART way Plan 4 Vision 1 To deliver everything, every time, to every Mandevian in the most beneficial manner Mission 2 To provide a practical learning platform for students to test thei r management acumen Working Model 3 Inventory based model run by students, for the students + MART and YOU Profiles MART offers + auto-MART-ic What Why
Strategic Innovation 1 Integrated Management Information System Vending Machine s sMART Cards Bar Code Scanners 24 x 7 MART Electronic Cash Discount Facility Automatic Inventory Management Cashless Transactions + + + Innovation through Automation + Can you offer? Excellence Innovation Commitment Real Time Inventory Management : Never have a STOCK OUT
Sales Inventory OUT Inventory IN Operational Cycle Threshold Inventory Management Operations and IT 2 +
Vendor Development Supply Chain Management 3 Continuously evaluating the vendors in terms of credit facilities and shopping experiences Following the vendor development model of companies like Flipkart, Amazon Future plans include sourcing directly from major FMCG companies Identification of the needs of the students through various sources. Intelligent and Strategic Sourcing Maintain an online database of all vendors Real life field experience enhancing your Negotiation Skills Identification of the best deals Not just on the basis of cost but also taking into account various other parameters Learning + Practical exposure into managing the finances of a retail business
Financial Management Finance 4 + Selection process Note! Timelines shall be communicated in due time + The MARTians + Questions
Behavior Analytics in Retail: Measure, Monitor and Predict Employee and Customer Activities to Optimize Store Operations and Profitably, and Enhance the Shopping Experience.