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Problem Formulation
Problem Formulation
PROBLEM FORMULATION
Study is being done to find out how efficient and well organized inventory system of Foodbazar ( leading supermarket chain ) is in a way that there is timely , continuous availability of products without any delay so that customers demand is duly met.
CONT
Study indicates that factors such as price, brand name , taste and preferences , schemes and discounts , seasonal, packaging are some of the criteria on which demand of the product might be dependent. Research feels that inventory Replenishment mainly depend on seasonal products, price, brand name.
LUX BODY WASH VASELINE LIPGAURD VASELINE TOTAL MOISTURE PONDS AGE MIRACLE
8 4 14
15
4 6
11 12
17
INSTANT NOODLES
PRODUCT INVENTORY IN BEGINNING 28 INVENTOR Y SOLD 17 REMAININ G 11 REPLENISH ED WITHIN 10 MINUTES
MAGGIE
CUPPAMAN IA
15
AFTER 1 DAY
BISCUITS
PRODUCT INVENTORY IN BEGINNING 15 INVENTORY SOLD REMAINING REPLENISHE D
22
16
PRODUCT
INVENTORY IN BEGINNING 11 13 23
INVENTORY SOLD 6 2 21
REMAINING
5 11 2
53
27
26
AFTER 1 DAY
INTERPRETATION
Jalebi : seasonal product & high demand. Lux body wash : 125 ml extra free. Biscuits : reasonable price. Maggie / topraman : brand as well as reasonable price. Ponds age miracle : high end product. lip guard : seasonal product. vaseline total moisture : seasonal sales. shahee paneer masala : out of stock. pantene : face more competition. saffola : uni directional motive .