Interviews
'Cooperate not Compete' - Mr Kishore Biyani, Future Group
11 Dec '08
4 min read
C. What will ensure Indian retail industry's success:
1. Create a common agenda:
-Government declares retail as a essential service
-City master plan designs to include retail
-Licensing simplified – single window clearance
-Reference case of 3 big suppliers as category captains
-Win-win terms of trade with real estate
-Roadmap for 20 vendors to scale up 10 times in the next 5 years across retail
-Critical costs(power, service tax, etc.) manage
2. Collaborate at back, compete at front:-Common supply chain for sourcing in specific categories
-Manage promotion intensity in the market
-Joint investment in training capabilities
3. Build Core Capabilities:
-Clarify pricing and develop core merchandise platform
-Define differentiated supply chain
Concluding the summit Mr. Pradipta K Mohapatra, Immediate Past Chairman, CII SR & Chairman – Governing Board, Executive & Business Coaching Foundation India Ltd. stated that, "Collaborative Retail is what will take the retail industry gallop to further growth."
The day long seminar saw several industry stalwarts including Mr. Ajit Ranade, Chief Group Economist, Aditya Birla Group, Mr. Abheek Singhi, Partner, BCG India, Mr. Aniruddha Deshmukh, President-Retail & FMCG, Raymond Ltd., Mr. Ajay Kaul, CEO, Domino's Pizza India, Mr Atul Goel, Managing Director, E-City Ventures, Mr. Vinod Sawhny, President & COO, Bharti Retail Pvt. Ltd. and a special address on 'Prognosis of consumer demand' by Ms. Rama Bijapurkar, Visiting Professor, IIM Ahmedabad.
The CII National Retail Summit, by focusing on Collaborative Retail, captured the need to build a collaborative platform with all stakeholders in the consumption and retail ecosystem, including retail real estate and infrastructure development, supply partners, technology partners, logistics and supply chain partners and consumer groups.
1. Create a common agenda:
-Government declares retail as a essential service
-City master plan designs to include retail
-Licensing simplified – single window clearance
-Reference case of 3 big suppliers as category captains
-Win-win terms of trade with real estate
-Roadmap for 20 vendors to scale up 10 times in the next 5 years across retail
-Critical costs(power, service tax, etc.) manage
2. Collaborate at back, compete at front:-Common supply chain for sourcing in specific categories
-Manage promotion intensity in the market
-Joint investment in training capabilities
3. Build Core Capabilities:
-Clarify pricing and develop core merchandise platform
-Define differentiated supply chain
Concluding the summit Mr. Pradipta K Mohapatra, Immediate Past Chairman, CII SR & Chairman – Governing Board, Executive & Business Coaching Foundation India Ltd. stated that, "Collaborative Retail is what will take the retail industry gallop to further growth."
The day long seminar saw several industry stalwarts including Mr. Ajit Ranade, Chief Group Economist, Aditya Birla Group, Mr. Abheek Singhi, Partner, BCG India, Mr. Aniruddha Deshmukh, President-Retail & FMCG, Raymond Ltd., Mr. Ajay Kaul, CEO, Domino's Pizza India, Mr Atul Goel, Managing Director, E-City Ventures, Mr. Vinod Sawhny, President & COO, Bharti Retail Pvt. Ltd. and a special address on 'Prognosis of consumer demand' by Ms. Rama Bijapurkar, Visiting Professor, IIM Ahmedabad.
The CII National Retail Summit, by focusing on Collaborative Retail, captured the need to build a collaborative platform with all stakeholders in the consumption and retail ecosystem, including retail real estate and infrastructure development, supply partners, technology partners, logistics and supply chain partners and consumer groups.
Confederation of Indian Industry
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