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SUMMER INTERNSHIP

STORE OPERATIONS - BIG BZAAR


SUBMITTED BY
SANTUN KUMAR NAHAK
MFM/20/869

UNDER THE GUIDENCE OF:


PROF. DR. GOWTAM SAH
FASHION MANAGEMENT 2021-2022
SUBMITTED TO
CONTENT
• BIG BAZAAR- INTRODUCTION
• POJECT BREIF AND INTERNSHIP INTRODUCTION
• ORGANISATION WORK CLUTURE
• STORE HIERARCHY
• STORE TOUCH POINT OF BIG BAZAAR DURING VISIT
• STANDARD OPERATION PROCEDURE (SOP)
• MARKETING MIX
• SWOT ANALYSIS OF BIG BAZAAR
• MISSION VISION & CORE VALUES
• SEGMENTATION, TARGETING & POSITIONING
• BIG BAZAAR PROMISES & OFFER
• WEEK 1&2 PROJECT -HOW TO INCREASE ONLINE ORDER
EFFECIENCY
• WEEK 3&4 PROJECT -HOW TO INCREASE TICKET SIZE AND
PIECES PER BILL.
• WEEK 5&6 PROJECT -BUSSINESS RECOVERY AND GROW IN
COVID PERIOD
• LEARNING OUTCOMES OF THIS SUMMER INTERNSHIP
OBJECTIVES

Objective is to understand the organization structure or hierarchy of the company,


also to understand the working of the various departments and gain some insight
of the corporate world. I understood the various responsibilities and duties carried
out by each department on how-
• To increase online order and sales efficiency
• To increase ticket size and pieces per bill
• To recovery business and grow in Covid period
INTRODUCTION
• Big Bazaar is part of Future Group founded in 2001.• Big Bazaar is a chain of
hypermarket in India.
• There are 214 stores across 90 cities and towns in India covering around 16 million
sq.ft. Of retail space
• Big Bazaar offers a wide range of merchandise including fashion and apparels, food
products, general merchandise, furniture, electronics, books, fast food and leisure
and entertainment sections.
• The store where I did my summer internship was BIG BAZZAR FORUM
MART(Bhubaneswar).
• It was opened in 2004
• Approx. total sales of this store is 15 to 20 lakhs per day
ORGANISATION STORE
WORK CLUTURE HIERARCHY

• Working with Big Bazaar gives you an


opportunity to be part of a family.
• Drawing from the vision of modern Indian retail, we have built a company

that our people are proud of and our customers and communities' value.

• The Big Bazaar group family includes over 35,000 employees.

• Big Bazaar nurture their employees for the long-term, ensuring their
passion and commitment.

• Big Bazaar believe people give their best when they are satisfied.
STORE TOUCH POINT OF BIG BAZAAR DURING INTERNSHIP

• Parking area-There is a huge parking area • Store guidelines- are at the entrance & it’s • CCTV in each and every floor and
in size of the store. visible from store entry. department.
• For two and four wheelers • Lifts – lift is inform of customer exit gate • Customer billing counter-less than 5
• Façade- There is 5 façade which are or in front of CSD quantities, emergency and easy
visible from main road. • Entry cluster-which is at entrance gate billing counter, there is 4 billing
• Store entry-In store entry covid protocol • CSD- area in which customer can enquiry counter in each floor.
safety measure are take like, sanitizer, about voucher, Big Bazaar profit club, • Washroom, restroom, emergence
temperature check etc, return/exchange, complaint. exit, emergency contact Number
• Big bazaar logo & its tag line visible at • Emergency contact-Lift and emergency baby feeding room, first aid box at
the time of store entry contacts inside lift & in customer store entrance
• Baggage counter –It’s on the left side of service. • Security check- it’s for employees
store entrance • Trail room- try before buy with sitting and which is done at the employee
• Window display-at front there is an mirror facility in the changing room. entrance area
window display.
STANDARD OPERATION PROCEDURE (SOP)
VM-FOOD-HOME-FASHION-CSD-MAINTENCE-SECURITY-COMMERCIAL-ADMIN-WAREHOUSE

• Timely clearance of all vendor related PO, Bills and building a • CSD team to be skilled on managing customer interaction
strong vendor base • Manan Audit score achievement in terms of hygiene & cleanliness

• Timely set up and removal of Store & category VM elements, promo offer cycles, event props and materials. • Daily dump report - to maintain dump in the range of 3-5%
• 100% merchandise presentations as per MPM standards • 100 % availability of items as per menu at any given point of time
• Educate Store staff on Visual Merchandising role in sales • Daily audit score for hygiene & cleaning of kitchen & shop floor
• Improve Parking Management & Crowd Control • Shrinkage control
• Home delivery and transport management • Department Sales Achievement
• Proper Monitoring of Customers Trolleys, Baskets, Wheel Chairs and Bags. • Timely GRN(Good Received Note) to be done for all deliveries
• Key Management : Store opening & Closing as per SOP • Store Warehouse Hygiene
• Maintenance of all cash room records as per timelines • Staff & vendor relationship on resolving operational issues
• Settlements of transaction by EOD & reconciliation on daily basis. • Vehicle Turn around - To be cleared with in 2 1/2 hours of reporting
• Achieving the store target in recruiting the customers for BBPC and payback • Recruitment of Band 1 and outsourced within 15 / 07 days
• Store Cashier Shrinkage % Report to be managed respectively against approved position
• Adherence of commercial parameters at CSD • Shift roaster of staff with accuracy
4 P'S OF BIG BAZAAR
· Utensils · Crockery • Value pricing
PRODUCT · Plastics · Electrical Accessories PRICE • Promotional pricing
· Home décor · Toys • Low interest financing
• Brand • Price
· Luggage · Home Textiles • Psychological discounting
• Features • Discounts
· Footwear · Home Needs • Special event pricing
• Packaging • Bundling deals
· Baby Accessories
· Household Appliances • Differentiated pricing
• Credit terms
· Household Plastics
· Processed food
· Staple
· Stationery
· Farm Fresh
· Cosmetics
· Dairy product

• Coupons, discount, more of the • Number of outlet 264+


PROMOTION product at normal price, gift PLACE • Located mainly at tier 1 &
with purchase, competition tier 2
• Ads • Stores
and prizes, money back offer, • 10,000 sq. ft. to 15,000 sq.
• PR • Website
exchange offer, special ft. approx.
• Social Media • Online
occasion. • Available at approachable
• Video • Marketplace
• Giving advertisement in destination
newspaper television internet
own website
• Partnership with big fm
STRENGTHS WEAKNESSES
S • High brand equity enjoyed by Big Bazaar
• Unable to meet store opening targets on time
W
• State of the art infrastructure

• Falling revenue per sq ft


• A vast variety of stuff available under one roof

O
• General perception: ‘Low price = Low quality’
• Everyday low prices, which attract customers

• Overcrowded during offers


• Maximum percent of footfalls converted in sales

T
• Long lines at billing counters which are time consuming
• Huge investment capacity

• Biggest value retail chain in India • Limited only to value offering low price products. A no of branded products are still missing from Big Bazaar’s line of products. E.g. Jockey, Van heusen,

• It offers a family shopping experience, where entire family can visit together.

• Available facilities such as online booking and delivery of goods

A
N
A
THREATS
L OPPORTUNITIES • Competition from other value retail chains such as Shoprite,
Y • A lot of scope in Indian organized retail as it stands Reliance (Fresh and trends), Hypercity and D mart.
at approximately 4%.
S
• Unorganized retail also appears to be a threat to Big Bazaar’s business. A large population still prefers to visit local convenient stores for daily purchases

• Increasing mall culture in India. • Changing Government policies

I • More people these days prefer to visit big stores where they can find large variety under one roof
• International players looking to foray India

S
MISSION, VISION & CORE VALUES

GROUP VISION: CORE VALUES:


• Future Group shall deliver Everything, Everywhere, Every time • Indianans: confidence in ourselves.
for Every Indian Consumer in the most profitable manner. • Leadership: to be a leader, both in thought and business.
GROUP MISSION: • Respect Humility: to respect every individual and be humble.
• We share the vision and belief that our customers and Introspection: leading to purposeful thinking.
stakeholders shall be served only by creating and executing • Openness: to be open and receptive to new ideas, knowledge
future scenarios in the consumption space leading to and information.
economic development. • Valuing and Nurturing Relationships: to build long term
• We will be the trendsetters in evolving delivery formats, relationships.
creating retail realty, making consumption affordable for all • Simplicity Positivity: Simplicity and positivity in our thought,
customer segments – for classes and for masses. We shall business and action.
infuse Indian brands with confidence and renewed ambition. • Adaptability: to be flexible and adaptable, to meet challenges.
• We shall be efficient, cost- conscious and committed to quality Flow: to respect and understand the universal laws of nature.
in whatever we do.
• We shall ensure that our positive attitude, sincerity, humility
and united determination shall be the driving force to make us
successful.
SEGMENTATION TARGETING POSITIONING

SEGMENTATION TARGETING POSITIONING


• Big Bazaar provides all items in one roof • Targeting is generally by evaluating • Big Bazaar generally Positioned itself
at low rates. market segments, Level of competitors, as a low-cost retail outlet and believed
• Big bazaar is giving b est possible deals to consumers." Power of buyers and suppliers. in low pricing strategy. This has been a
• The segment which Big Bazaar caters to is middle class consumer. • Generically it targets price conscious customers. main factor in attracting the
• It sets its marketing, prices and products for this consumer the image that it creates is being cheap with quality. • It targets semi-urban population with its placement of stores,. customers.
• Big Bazaar started off with metro cities Kolkata, Hyderabad, Bangalore and eventually has moved to Tier-2 and Tier-3 cities .The Indian middle class • Big Bazaar has found that children and women are primary decision

consumer is more price-sensitive than service-sensitive makers and it specifically targets that category.

• Growing young working professionals and Middle class category is

also a preferred category.


BIG BAZAAR PROMISES & OFFER
1. MANUFACTURER’S WARRANTIES ON ALL PRODUCTS: • WEDNESDAY BAZAAR
• Big Bazaar promises to sell only the original products from the • Big Bazaar introduced the Wednesday Bazaar concept and
authorized dealers. promoted it as “Hafte Ka Sabse Sasta Din”.
2. GUARANTEED DELIVERY: • SABSE SASTA DIN

• Big Bazaar guarantees to deliver the exact product that has • Big Bazaar introduced the concept of "Sabse Sasta Din".

selected, without defects. • The idea was to simply create days in a year that truly belonged to Big Bazaar.

3. SECURE PAYMENT: • MAHA BACHAT

• It commits to ensure that no payment misuse happens. • Campaign with attractive promotional offers across all Big Bazaar stores.
4. OUR SIMPLE 7-DAYS RETURN POLICY: • It has attractive offers such as Big Bazaar, Food Bazaar, Electronic Bazaar

• If customer has purchased something at Future Bazaar and the • THE GREAT EXCHANGE OFFER

product did not meet its expectations or does not fit to his • Customers can exchange their old goods in for Big Bazaar coupons.

needs, then it can return the product to us; no questions asked, • Later, consumers can redeem these coupons for brand new goods across the nation.

as long as it is in its original packaging and accompanied by its


invoice.
5. PROMPT CUSTOMER SUPPORT:
• Our customer support is manned by dedicated call center
personnel, who can take decisions and resolve your problems.
ONLINE ORDER EFFICIENCY

On time Picking On time Delivery Order defect rate


• Customer retention. • Customer satisfaction. • Prevent Sale Loss.
• On time delivery. • Repeated orders. • Increase Ticket size.

• Time management • Customer trust. • Improve order fulfill ratio.

• Maximize Slot availability for Customers. • Marketing through Customer with • Increase order frequency of Customer

• Increase sale & Ticket size.


Minimize the Picker Load. service/Face value.
• Acquisition of New customer.
• Proper replenishment of the product. • Increase AOV.

• Sales & Order growth.


Current Week 13 -Week 16 Coming Week 17 -Week 18
Target Target
FINDINGS OF ONLINE ORDER
EFFICIENCY

On time Picking On time Delivery Order defect rate


• Some day order was higher side & • Rider was not taken above 10 KMs • ODR -Pickers without approval removed
Picker efficiency was lower side. orders. products.
• Some orders coming after 2 days which shown as placed & that order was delay • Order was hold due to packing issue. • ODR – F&V stock connected after 12pm.
picking. • Order was hold due to slab offer products. • ODR – Milk/Bakery products connective
• Picker team not picked with in slot wise. • Order was delayed due to rain issue. issue.
• Someday network issue or Picker app issue picking was delay. • Orders delay due to customer non • ODR- Stock non Availability but Online order
available or OTP issue. reflecting.
• Order assigned issue faced some days. • ODR- Due to GAP posting issue –Repeated
order.
• ODR- threshold Qty in SAP but products
visibility.
AVERAGE TICKET SIZE AND
PIECES per bill

ATS How to calculate ATS


• The average ticket size refers to the total The total value of each of you transaction from a
rupees amount of sales per consumer. designated period divided by total number of
• The mean, which is derived as total sales divided by the number of clients, is used to establish average ticket

size.
transactions your business had dusring the same time
• In their sales and profitability analyses, many businesses employ average ticket computations. frame
• The average ticket size data is frequently tracked by brokerage firms, credit card issuers, and merchants.

For example, let’s say you want to calculate your ATV


for one month. If you had a total of Rs.100,000 in
revenue and 25 transactions within the month, then
you would divide Rs.100,000 by 25. Rs.100,000 / 25 =
Rs.4,000. Your ATV is rs.4,000.
HOW TO INCREASE TICKET SIZE AND PIECES PER
BILL
Up-Sell Your Products Offer a Great Customer Service Offer Flexible Payment Options
Experience
• Big Bazaar has knowledge of the customer’s

product selection. • Communication is key with • Big Bazaar offer flexible payment solutions to

• There idea is to show a customer that by increasing your ATV. merchants

spending a little more on a higher quality item, • In addition to having your associates familiar with your product • They accept all kind of UPI payments
they will get a lot more value out from their selection, train them on the latest promotions and a best-in-class • Gift vouchers

purchase and a better product. customer service experience.

• When you provide a great customer experience, you have the

opportunity to increase your sales.


BUSSINESS RECOVERY AND GROW IN
COVID PERIOD

• During Pre COVID situation our Business was completely in physical selling retailer model but now looking at this

Pandemic situation we had already shifted to Online and offline both.

• During this period the sale goes down along with the profitability of the store. So it is getting very difficult to manage cost which cant be reduce more than the current cost.

So,
• Increasing in sales directly impact the better profitability of the store.
• Increase of the sales impact the trust level of the customer also.
• Increase of the sales reduce the losses of the store( DAD ,Shrink & Dump).
• Increase in Sale Boost up the Team confidence also.
ACTION PLAN
Food Fashion Home
• The merchandise as per First in First • Every week training on Execution • Rs. 99 Zone to created near high
Out method of stocking with MPM. excellence i.e MPM. traffic area.
• Avoiding In Store Stock Damages. • Daily Dressing of Mannequins • Liquidation products should be
• Big Bets of Top 300 articles should be ( Window, Cluster & Focal Point). treated as special display and
displayed in abundance on End • Brand wise display as per sale focus
Caps/Thappi showing Largeness. MPM(Merchandise presentation • Demo and products knowledge
• Celebrate “PRODUCT OF THE DAY” manual). session for Customer.
• Fresh category to be celebrated as • Season code wise display • Endcap treatment should be done
Mandi sale • Cut size merchandise been taken as per the season.
• Bays/ fixtures have been scheduled on one browser at the end of • Maximum range of products
for Expiry Check for every day. section with the signage ''LAST OF should be displayed in same
• Random check Oil section and clear THE BEST Product group.
oil leaks if any • Popup signage implementation • Neat Display and with 100%
• Proper offer signage update • Color wise/Set wise starting from signage.
• Sampling consumption booking done Small to XXL should be displayed • Every day celebration in New
for the day. any time on the floor. themes. i.e Bath day, Dinning Day,
• Focus on Sell through of Own Brands • Color wise/Set wise starting from Kitchen Day, Cleaning Day etc.
• Creating a Single promo cluster in Small to XXL should be displayed • Special Tracker for Liquidation
Prominent location in the store of any time on the floor below 99/High value products
High discounted Products • Proper daily replenishment of each and all special promotion.
• Avoiding In Store Stock Damages. and every products Size wise. • Focus on Weekly offer and
liquidation offer
CATEGORY WISE
RECOVERY
PERCENTAGE
AND BILL
PENETRATION
FOR WEEK 13-
WEEK 16
Learned about the
• organization structure, hierarchy, insight into the corporate world and how work is done in the various departments

and their responsibilities and duties carried out by each department.

• What are store operating parameter


• How to recover sales during Covid-19 with the help of ecommerce site of Big Bazaar and home

delivery of the products within limited period of time which is maximum 2 hours.

• How to do upselling, cross merchandising, on time delivery

MY
to increase ticket size and pieces per bill

• 100% merchandise presentations.


• Timely clearance of all vendor related PO, Bills and to build a strong vendor base.
• Staff & vendor relationship on resolving operational issues
LEARNING •

How to handle customer and fulfill there requirement.
For online order how to use PICKER & GRAB APPLICATION for online order.
• How to control shrinkage and damages.
• How to make customer understand, if any product which is placed online is out of stock.
• Learned about VM elements like how to take care of façade, focal point, cluster, signage,
fixtures, gondola,
CITATION

• Group, F. (2001). The future GROUP: Shaping India's Consumption journey. The Future Group |
Shaping India's consumption journey. Retrieved September 30, 2021, from
https://www.futuregroup.in/.
• Singh, A. (2015). Report on big bazar. Scribd. Retrieved September 30, 2021, from
https://www.scribd.com/doc/56600151/Report-on-Big-Bazar.
• Sharma, J. (2016). Big Bazar Internship Report (2) J. Scribd. Retrieved September 30, 2021, from
https://www.scribd.com/document/295888401/Big-Bazar-Internship-Report-2-j-Copy.
• Sharon, S. (2009). A report on Big bazaar - Pantaloon RETAIL (INDIA) LTD. ID:5c6db8e1648fb.
Retrieved September 30, 2021, from https://baixardoc.com/documents/a-report-on-big-bazaar-
pantaloon-retail-india-ltd-5c6db8e1648fb.
• Group, F. (2001). About us: The future group company profile. About Us | The Future Group
Company Profile. Retrieved September 30, 2021, from https://www.futuregroup.in/aboutus.

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