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Scope of Retail India

The document discusses the author's experience in the Indian retail industry, starting with the opening of the first Marks & Spencer store in India and the challenges faced in store operations. It highlights the importance of hands-on experience in all departments, particularly in warehouse management, for aspiring store managers. The author emphasizes the growing significance of organized retail in India and the need for skilled professionals to address the industry's demands and improve operational processes.

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k v v murali
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0% found this document useful (0 votes)
4 views3 pages

Scope of Retail India

The document discusses the author's experience in the Indian retail industry, starting with the opening of the first Marks & Spencer store in India and the challenges faced in store operations. It highlights the importance of hands-on experience in all departments, particularly in warehouse management, for aspiring store managers. The author emphasizes the growing significance of organized retail in India and the need for skilled professionals to address the industry's demands and improve operational processes.

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k v v murali
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© © All Rights Reserved
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SCOPE OF RETAIL INDIA

I returned to India from UAE after three years and joined my parents in Mumbai.
Mumbai is the capital of the Indian state of Maharashtra and the financial capital of
India. When I came to know Marks and Spencer is starting its operations out here
through one of its franchisees from Jakarta I joined the group for store operations in
Mumbai. PT Mitra group was a well known group in Jakarta and was the main
partner for the Indian operations of Marks & Spencer in India, through their
organisation named Planet Sports, in the late nineties. Allan Thomson, the business
development manager, South Asia Pacific region, from Marks & Spencer was
heading this project. With the help of his team from Jakarta we successfully opened
the first store of Marks & Spencer in India at the scintillating ‘Crossroads’, a
happening mall those days in south of Mumbai. It was a small ten thousand odd
square feet store and consisted of men, ladies, toiletries and lingerie departments.
All the staffs working here were fresher and had no previous experience of retailing.
We all underwent exclusive one week training on customer service skills and
communication skills conducted by the employees of Marks & Spencer- UK. It was a
good learning for all the employees. The team was very eager and excited to work
for such a well known and established international brand. As we had to start our
operations from scratch we had to identify a warehouse to station all the container
of stocks coming from abroad. From our team as only I had the experience of
handling warehouse activities and setting up the warehouse, I took up this
challenge. We identified one warehouse at MIDC area in Navi Mumbai, an extension
of Mumbai. All the goods were shipped and were docked at Jawaharlal Nehru Port
Trust. To release the goods from here was a major task, and this is where I learnt
the street smart skills one needs to have to face odd challenges. Most of the days I
could not go home as we had to release goods at odd times as the containers used
to arrive at odd times. It was also risky to leave the goods at the dock for a longer
duration to avoid pilfering activities. I also had to monitor the store warehouse
opening and closing activities at the same time. As I was not well versed with the
statutory norms required for handling any business I was finding it a bit tough those
days, and to add to it the absence of any processes.

Finally we opened the store for trading successfully with a soft launch. Its only after
working here that I realised how different and difficult it is to operate a store in
India, mainly for two reasons, one because of the ignorance of this concept of
retailing and the other because of the lack of systems and processes involved in it.
It was here that I realised that just having an exposure of international experience
in retailing won’t help me to operate a store smoothly, and hence I had to unlearn
my self, and learn retailing the Indian way. Pantaloons store was situated just
opposite to our store. It was a complete Indian departmental store. This is where I
decided if I need to succeed in India in this industry I need to join one such store.
In the year 2002 I joined Pantaloons Retail (I) Ltd., now Future Group. It was here
that I learnt retailing the Indian way. My role model was Kishore Biyani, who was a
true inspiration for me. During my five years with Pantaloons I got to learn the core
aspects in retailing. Through this book I wish to share all that I have learnt and
experienced in store operations. Most of my time I have spent in Big Bazaar situated
in Lower Parel in Mumbai and was mostly exposed to apparels. Hence you will come
across incidents and cases related to such a scenario. Through this book I just want
to spread as to how retail store operations work but this is in no way to
communicate that this is the only best way to run store operations.

According to me store operations is the happening place in a retail industry and this
is the only place which will make a person an all rounder in the industry. It is here
where I learnt, that to become a perfect store manager, you need to have hand-on
experience in all the departments, starting from the warehouse. Hence whenever
any new recruit used to join us, be it a management trainee, or a sales advisor we
used to start their training at the warehouse. But it is not the same here in India,
which I feel is a disadvantage. Most of the new recruits, who pass out from the B-
schools and join the organisation as management trainees in store operations feel
working in a warehouse, is not their cup of tea as they carry the tag of MBA along
with them. This it-self is the first sign of failure. Hence mainly because of this reason
most of them are not a successful store manager. Most of the stores which are
doing great numbers are not because of the existing managers’ contribution, but
because of the high rise in consuming power of the existing population. If you have
shopped in such stores you will notice that there is still chaos within such stores and
still most customers are not satisfied with the working of the store. The store
manager will mostly be seen in a reactive mode and doing mostly fire fighting
activities, rather than being in a proactive mode. There are two major reasons for
the same, one being dearth of trained store managers and inhibition to learn from
their mistakes and the second not understanding the importance of processes and
application of the same within the stores. It is very crucial to set processes in place
to operate a store very efficiently. Lot of scope is available to improve the
operations of the store. I strongly believe that all management trainees who have
joined the operations team dreaming to become store managers need to
compulsorily start to get trained from scratch in store operations and understand
each and every process, only then will he be able to run a store successfully.

I still remember how people used to look at me in the early nineties when I used to
tell them that I am working in a retail store. They used to compare me with one of
those salesmen working at a small shop situated at every lane in the town. Most of
them are not clear as to what exactly this industry is all about. There is a wrong
notion, especially in the rural areas about retail shops. One here feels people
working in this industry are no one but the common kiranawala working at the
neighbourhood kirana store. But it is gradually getting its importance and people
have started accepting it as another career prospect. Retail is the code word on
every individual tongue. Every second individual is talking about the retail industry.
It has started growing rapidly since past five years. It generates more than ten
percent (10%) of India’s GDP, and around eight percent (8%) of the employment.
Organised retailing is gradually developing and due to this there is a great demand
of skilled people in this industry. But as this industry was not so much in demand
five to seven years back there is a tremendous shortage of skilled people to run the
business, especially store operations. Due to this many institutes have started
launching courses in retail management so as to develop skilled manpower and
provide to the industry people with skill to run the business. But even now most of
the institutes are finding it difficult to provide the full knowledge required to run the
business, especially in store operations, reason being lack of exposure to this
industry. Need is now to provide specific detail knowledge on every aspect in
retailing such as, store operations, visual merchandising, merchandise buying,
function of human resource in retail, logistics, retail marketing, retail finance and so
onetc.

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