SUSANT SAHU

Indian #apparel brand Cantabil Retail India Ltd. has crossed the 550 store mark across the country with the launch of four new stores in Delhi. Click on the link below to know more... Cantabil Retail I Deepak Bansal #Cantabil #newstores #retailexpansion #fashionretail #retailnews #retailtrends #retailsector #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing

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While the festive season is round the corner, brands are ramping up their inventories to prepare for the expected consumer demand from across the country. Data analyzed by Unicommerce shows categories that have significantly increased their stock levels, leveraging the power of technology to ensure faster deliveries during this period. Read the complete story here: https://bit.ly/3zGT6ui #Unicommerce #ecommerce #festiveseason

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Major e-commerce companies in India backed the government’s proposal to make mandatory compliance with quality norms for consumer reviews. Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing #ecommerce #onlineshopping

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Challenges of ERP implementation * Lack of domain knowledge of all functional areas of ERP administrators who are nominated from ERP using organizations * Appointed ERP administrators are not sufficiently empowered to compel persons keeping update ERP always * Generally management doesn't make decisions getting information from ERP * Since management doesn't make decisions based on ERP, mid level managers don't give their attention to feed data in system * Most of the ERP developing companies don't have sufficient domain knowledge on SOP. * Developed ERP runs with technical limitations * The local software companies who provides solution locally, have been suffering financial deficiency. So they can't establish R&D department * Government authorities are very leveraged about imposing rules and regulations and business organizations take the chance of bypassing. That's why ERP doesn't get priority. * All employees are not motivated or valued equally * Very few employees spend time or think to improve the process or their performance level

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Brownfield implementation of SAP S/4HANA for the fashion industry, there are several important factors to keep in mind to ensure a successful transition: ### 1. **Assessment of Current System**: - **System Inventory**: Catalog all existing systems, customizations, and integrations to understand what needs to be retained, modified, or retired. - **Process Mapping**: Understand current business processes and how they map to SAP S/4HANA. Identify gaps and areas for improvement. ### 2. **Data Migration**: - **Data Quality**: Assess the quality of the data in the legacy systems to ensure it’s clean and consistent for migration. - **Data Archiving**: Determine what data needs to be migrated versus archived, considering the volume and relevance. ### 3. **Customizations and Enhancements**: - **Compatibility**: Check the compatibility of existing customizations with SAP S/4HANA. Some may need to be re-written or adapted. - **Extensions**: Leverage SAP’s new capabilities, like the Fiori UX, for creating enhancements and extensions instead of customizing the core system. ### 4. **Integration Considerations**: - **Integration Mapping**: Document all interfaces between SAP and other systems to ensure seamless integration post-migration. - **Middleware**: Consider if middleware is needed to handle complex integrations, particularly with non-SAP systems. ### 5. **Change Management**: - **Training**: Develop a comprehensive training program to upskill users on the new functionalities of SAP S/4HANA, especially on the Fiori interface. - **Communication**: Maintain open lines of communication with all stakeholders to manage expectations and reduce resistance to change. ### 6. **Testing and Validation**: - **Testing Strategy**: Establish a robust testing strategy, including unit testing, integration testing, and user acceptance testing (UAT). - **Data Reconciliation**: Validate that data has been migrated accurately and reconciled against the legacy system to avoid discrepancies. ### 7. **Regulatory Compliance**: - **Industry-specific Regulations**: Ensure that the new system complies with all fashion industry-specific regulations, such as REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) for product safety. - **Audit Readiness**: Prepare the system for audits by ensuring all necessary documentation and processes are in place. ### 8. **Performance Optimization**: - **HANA Database**: Optimize the SAP HANA database for performance, considering the high volume of data typical in fashion retail. - **Hardware Sizing**: Ensure that the hardware infrastructure is appropriately sized to handle the demands of SAP S/4HANA. Nutshells a brownfield approach allows you to retain valuable customizations and data while upgrading to the new capabilities of SAP S/4HANA. Careful planning and execution are critical to maximizing the benefits and minimizing disruption. #SAPS4implementation #Mckinsol

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Why Q2 FY25 Was a Winning Quarter for India’s Retail Sector Amidst Challenges “As the Indian retail industry navigates a complex landscape, characterized by economic headwinds, shifting consumer behavior, and fluctuating demand, several major brands have shown remarkable resilience and adaptability. In Q2 FY25, players from different segments—Marico, Bata, Bikaji Foods, Shoppers Stop, Colgate-Palmolive, and Kalyan Jewellers—have unveiled results that tell a story of cautious optimism, strategic expansion, and evolving consumer engagement. This quarter highlights a broader trend in Indian retail: a calculated approach to growth amid challenges, focusing on premiumization, product diversification, and deepening connections with consumers.” https://lnkd.in/gh4hR_WF Marico Limited Bata India Limited Bikaji Foods Shoppers Stop Colgate-Palmolive kalyan jewellers #ShoppersStop #FMCGReport #retailIndia

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Rajasthan has emerged as one of the most promising regions for the consumer electronics category on Amazon. Amazon Click on the link below to know more.... #retailnews #retailtrrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

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Tune in to Mr. Naresh Ahuja, Chairman and CEO, ETP Group as he discusses how ETP's innovative omnichannel retail solutions have significantly transformed the performance of leading lifestyle retailers. #ETPGroup #ETPInternational #ElevatingRetailPerformance #Ecommerce #FutureofRetail #Unifiedcommerce #UnifiedCommerceSolutions Ordazzle

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Paytm’s parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company. Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

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𝐃𝐞𝐜𝐨𝐝𝐢𝐧𝐠 ‘𝐒𝐀𝐋𝐄’ 𝐢𝐧 𝐃𝐮𝐛𝐚𝐢’𝐬 𝐑𝐞𝐭𝐚𝐢𝐥 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦 An Exclusive Rendezvous with Mohamed Feras, Associate Vice President, 𝐃𝐮𝐛𝐚𝐢 𝐅𝐞𝐬𝐭𝐢𝐯𝐚𝐥𝐬 and Retails Establishment to understand more about the Retail landscape in the region and how are the exciting new ‘𝐒𝐚𝐥𝐞’ concepts helping amp up consumer sentiments. Read more here - https://lnkd.in/ezYCJRTC #retail #dubairetail #consumerinsights

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The initial public offer of Rekha Jhunjhunwala-backed value #fashionretailer Baazar Style Retail received 4.64 times subscription on the day two of bidding. Click on the link below to know more... Baazar Style Retail Ltd. I Shreyans Surana #IPO #initialpublicoffer #valuefashion #publicsubscription #retailnews #retailtrends #retailsector #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing

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The Secrets of Retail: Insights from SAURABH KALRA , Head of Merchandising and Operations at FableStreet, Gurgaon. Delving into the dynamic interplay of merchandising and operations, a few weeks ago, Mr. Kalra illuminated the path to success in retail management. From harnessing the power of data and AI to staying ahead of trends, students gained invaluable knowledge on navigating the ever-changing retail landscape. #RetailRevolution #IndustryInsights #schoolofretailandfashionmerchandise

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V-Bazaar aims to cross the 100-store mark by the the end of 2024 by opening 10 more stores, covering 7 states with an operating retail space of over 8 lakh sq. ft., according to director Raghav Agarwal. Click on the link below to know more... V-Bazaar Retail I Raghav Agarwal I RAHUL JHUNJHUNWALA #vbazaar #retail #retailexpansion #growth #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailresults #retailtrends #retailbusiness #ir #IndiaRetailing

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Ahead of this festive season, footwear brands are ramping up their inventories to meet growing consumer demand. According to recent data, inventories have surged by over 55% as brands prepare for the holiday rush. With the festive season being a key shopping period, footwear companies are focusing on ensuring they have enough stock to meet the needs of fashion-conscious consumers. This strategic move highlights the importance of being well-prepared in an industry where timely availability can significantly impact sales and customer loyalty. Source: https://bit.ly/4f0tcRV #PlanetPaaduks #Paaduks #industryinsights #insights #fashion #footwear #brands #festiveseason

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Indian apparel manufacturer and retailer Cantabil Retail India Ltd. has reported a 13% decline in its consolidated net profit to Rs 6.6 crore in the second quarter of FY25 that ended on 30 September 2024. Click on the link below to know more... #retailresults #FY25results #profitloss #revenuegrowth #fashionretail #retailindustry #retailgrowth #retailing #businessgrowth #retailupdates #Indianretailmarket #retailresults #retailindia #businessnews #retailbusiness #ir #IndiaRetailing

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𝐉𝐨𝐢𝐧 𝐮𝐬 𝐭𝐡𝐢𝐬 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝐢𝐧 𝐑𝐢𝐲𝐚𝐝𝐡 𝐟𝐨𝐫 𝐒𝐑𝐅 2024, where we’ll delve into the six critical pillars which we believe will shape the future of retail: 𝐏𝐞𝐨𝐩𝐥𝐞, 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬, 𝐕𝐚𝐥𝐮𝐞, 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬, 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬, 𝐚𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲. 1. 𝐏𝐞𝐨𝐩𝐥𝐞: The driving force behind retail growth, from leadership to strategy. SRF 2024 will focus on the importance of nurturing talent, fostering leadership, and enhancing retail and consumer knowledge in Saudi Arabia. 2. 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬: Today’s consumer values memorable experiences. Together, we’ll explore how to create retail experiences that resonate with local preferences and can evolve into global benchmarks, building lasting connections and loyalty. 3. 𝐕𝐚𝐥𝐮𝐞: In a market that values sustainability and smart spending, we’ll discuss how brands can grow by blending global influences with the Kingdom’s rich traditions without compromising on quality. 4. 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬: Retailers must innovate to stay relevant in Saudi Arabia’s evolving market. It is the right time to explore how to balance cultural heritage with cutting-edge innovations in retail formats, products, and experiences. 5. 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬: Saudi consumers are changing fast. We firmly believe that retailers must collaborate to keep pace with shifting demands instead of competing. At SRF 2024, we’ll focus on uniting efforts to meet evolving consumer needs. 6. 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: As digital transformation accelerates, technology is reshaping every aspect of retail. At SRF we’ll have discussions on how AI, automation, and other tech innovations can give retailers a competitive edge in Saudi Arabia’s dynamic landscape. Join us as retail leaders from homegrown businesses and global brands come together to shape the future of Saudi retail at SRF 2024! To know more: https://srf.network/ #SRF2024 #InnovateCollaborateTransform #RetailEvent #RetailIndustry #RetailInsights #RetailTrends #NetworkingEvent #RetailInnovation #RetailLeadership #RetailBusiness #RetailStrategy #RetailCommunity #RetailConference #Retail #IMAGESRetailME

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Bata India sees e-commerce surge as Q4 revenue reaches Rs 7,976.74 mn Bata India Limited has released its financial results for the March 31, 2024 quarter. The company’s revenue from operations for Q4 stood at Rs 7,976.74 million, compared to Rs 7,785.85 million in Q4 FY23. The operating profit for the quarter was Rs 582.65 million. Despite sluggish demand conditions, Bata India continued to expand its network, now operating 1,329 company-owned and franchise stores. India Fashion Forum Bata India Limited Bata Group GUNJAN SHAH Sandeep Kataria Ashwani Windlass Rajeev G. Barbara Franceschetto David Lynch Nicola Corà Inderpreet Singh Deepika Deepti Anjali Sondhi Nikhil Behl Lokesh Chopra #BataIndia #EcommerceGrowth #QuarterlyResults #RetailExpansion #FinancialPerformance #Q4Results #RevenueGrowth #OperatingProfit #RetailIndustry #BusinessGrowth #CompanyUpdate #FranchiseStores #RetailNetwork #FashionNews #FashionUpdates #BoFDaily #BoFNews #BoFUpdates

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