E-Commerce Strategies for Grocery Stores - 845 Words

e-Commerce Strategies for Grocery Stores Introduction Retailing is one of the highest-velocity business models there are, predicated on a rapid turnover of inventory. Of the many forms of retailing, food and grocery have the most rapid inventory turns of all and the highest risk of inventory loss due to spoilage and rapid obsolescence (Gunasekaran, Marri, McGaughey, Nebhwani, 2002). The many attempts to bring e-commerce into the food and grocery retailing industry have been fraught with failure as operations management systems have failed to translate the many accuracy and speed advantages of e-commerce into a value-chain encompassing operations management performance advantage (Ruch, Sackmann, 2012). The intent of this analysis is to evaluate how food and grocery stores can be made more efficient through e-commerce-based operations management. Making Grocery Retailing More Efficient with Operations Management The traditional approach to operations management is based on solving complex, constraint-based problems using linear programming-based techniques including Critical Path Metroid (CPM) and Program Evaluation and Review Technique (PERT) (Delgado, Gunter, Badiru, 2004). Traditional operations management approaches to managing the high velocity nature of grocery retailing have continually struggled to keep up with the quickening pace of product introductions, spoilage factors by seasonal time of the year, and rapid pricing decisions (Giovani, 2003). Often groceryShow MoreRelatedImpact Of E Commerce Of Fmcg Sector Essay1362 Words   |  6 PagesImpact of E-commerce of FMCG Sector Grocery and FMCG sales together constitute approximately 62% of the Indian retail sales, both unorganized and organized (Modern retail and E-commerce) sectors combined. 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