presentation black

26
³Organizational Sustainability through Knowledge Transferability ´ Supervisor: Muhammad Nauman Abbasi IMS, BZU, Multan. Researcher: Muhammad Bilal Akber Siddiqui MB2-09-59

Upload: muhammad-bilal-akbar-siddiqui

Post on 09-Apr-2018

220 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 1/26

³Organizational Sustainability

throughKnowledge Transferability ´

Supervisor:Muhammad Nauman Abbasi

IMS, BZU, Multan.

Researcher:

Muhammad Bilal Akber Siddiqui

MB2-09-59

Page 2: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 2/26

Objectives of research

Prevailing trend of technology in retail

sector of Pakistan.

To find out the extent of usage of technology in retail sector of Pakistan.

Hurdles in implementation of technology.

Impact of technology on retail operations.

Page 3: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 3/26

Literature ReviewInvolvement of  information & Technology

  According to (Vikas Saraf, Applications of Information Technology in Retailing, 2007)

technology is involved in almost al aspectsspecially in

Forecasting

Inventory Management Store Management

Logistics Management

Returns Management

Page 4: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 4/26

Benefits of using technologies

Reduce shrinkage

Reduced materialhandling.

Increased dataaccuracy

Improved informationsharing

Production tacking Lower inventory

Quality control

Supply andproduction control

Material handeling. Space utiliazation

Assets management

Reduced stock out

Customer services

after sales services

Source: (Zare, Y. M. (2009).

Page 5: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 5/26

New retail technologies and

equipments RFID (Radio Frequency Identification)

SOS (Smart Operating Systems)

PSA (Personal Selling Assistant) DAD (Digital Advertisement Display)

POS (Point of Sale)

Page 6: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 6/26

Benefits of  RFID

Main benefits of RFID can be listed as (Ranky, P. G.(2006).:

Improving the speed and accuracy for tracking pallets,

Boxes and containers; Helping to reduce stock levels;

Helping to reduce operating costs;

Improving the management of inventory;

Improving efficiency in work-in-process (WIP)

Reporting; and

Improving inventory visibility to feed JIT systems.

Page 7: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 7/26

Methodology

Questionnaire was designed to gather the data.

Population:

 All retail markets in the selected cities which are

conduction their retail operations through any

automated system of technological instrument.

Selected cities:

Karachi Lahore

Islamabad

Multan

Page 8: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 8/26

Methodology

Sample and sampling technique:

The sample of 60 respondents (Retailers) was

selected to fill the questionnaires through the

sampling technique of ³Random Sampling´

among selected cities.

Analytical tool:

For analysis of the data standard deviation areused. Other then S.D bar chart and pie charts

are used for graphical presentation of results.

Page 9: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 9/26

RESULTS & ANA

LYSIS

Page 10: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 10/26

Most frequent operating system

in X

in

in X 9 %

in 1 %

Page 11: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 11/26

Sof tware Development

Locally

Internationally

Standar dized 90%

Customized 10%

Page 12: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 12/26

Sof tware Category

Standardized

Customized

Standardized 90%

Customized 10%

Page 13: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 13/26

Usage of Technologies

384 8 4

38

4

4 8 43

4

8 4

RFID SOS PSA DAD POS DBC EPT VCM

4 4 8

Page 14: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 14/26

Cost Reduction

e tion cost s cost co unic tion

cost

t e Costs

Page 15: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 15/26

Reliability

0

0 500

0 0

0 00

0 20

0 0

0 60

0 0

0 500

0 520

pe ation the Reliability

Page 16: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 16/26

 ACCURACY

D R

Page 17: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 17/26

Customer Relationship

Management

Managing

C

mpro e

e perien e

higher 

per ei e

ualit

higher 

satis a tion

thers CRM

Page 18: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 18/26

Inventory Management

nventory

tra ng

a ement t e t t er Invt mgt

Page 19: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 19/26

Competitiveness

ettin pri es et il servi es i ien in or ers

Page 20: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 20/26

Profitability

i r al i r rofitability

Page 21: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 21/26

Others

r ve e ervce

ere t t

rket

tr s re c

e e

z t

Page 22: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 22/26

Conclusion

Cost Effectiveness: In cost effectiveness a dissimilar variable exists that is of communication. HavingStandard Deviation of [ S.D = 0. 1 ] which shows thattechnology is not contributing its good enough role in

conducting retail operations as other variables arecontributing. The reason for not contributing in retailoperations is that in Pakistan¶s retail sector is not muchsophisticated so that high communication is not required.

Reliability: Reliability is the key and leading factor for 

accuracy. From the results it can be conclude that Interms of reliability technology in playing a vital role toconduct the retail operations.

Page 23: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 23/26

Conclusion

 Accuracy: it is obvious that technology providesaccuracy in operations, similarly in retailoperations technology is contributing its roledrastically.

Customer Relationship Management: Sometimes it becomes basic factor of success for anorganization to manage its customer data base.In retail sector of Pakistan CDBM is not being

maintained by many retailers, but some of retailers are now maintaining their customer data base.

Page 24: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 24/26

Conclusion

Inventory Management: According to results it is

proved that retailers are maintaining their 

inventory through different smart softwares and

technological equipments.Competitiveness: As the current era is the era of 

competition retailers are competing their 

competitors with the help of technologies. Their 

operations become more speedy and accuratewhich leads to higher profits and customer 

satisfaction.

Page 25: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 25/26

Conclusion

Profitability: Results are showing a good

impact of technology in conducting retail

operations. As technology implementation

in retail outlets caused cost reductions,

this cost reduction automatically leads to

lower prices along with higher profits.

Page 26: Presentation Black

8/8/2019 Presentation Black

http://slidepdf.com/reader/full/presentation-black 26/26

Recommendations

Retailers of Pakistan must accept the

technological change and change themselves

accordingly. They must show flexibility towards

these kinds of technological changes. Sudden change is quite impossible for them so

that they must adopt technology gradually.

Those retailers which are facing problems of 

customer retention must maintain their customer 

database to retain their customers.