Team-141_EOI_DealTV

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    ELP 2015-16: Expression of Interest

    Team Information

    No. Student Name PG ID Mobile No. Class Section

    1 Kunal Krishnan 61610176 +91 9953458345 I

    2 Bhagawat Rawat 61610297 +91 9913844737 I

    3 Srinivasan Gopalakrishnan 61610391 +91 8197222250 I

    4 Nakul Jayadevan 61610812 +91 9884024014 K

    5 Arpit Gupta 61610882 +91 8698689079 K

    Projects being applied for:-

    I agree to take up this project, as a part of this team, if the team is selected.

    Please type in e-mail ids of the team members:-

    1. [email protected]

    2. [email protected]

    3. [email protected]

    4. [email protected]

    5. [email protected]

    Preference ELP No. Title of the Project

    1 ELP-034 Identify and merchandise products for the marketplace, and improve supply chai

    and distribution side.

    mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]
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    The following consumer decision-making funnel and the operational process chain reflect our understanding in terms of

    the objectives and various challenges that need to be addressed, and corresponding solution strategies and the impact

    they will have on the top line and bottom line of Deal TV.

    Marketing Strategy at various stages of consumer decision making process

    Operational value chain covering the Order-to-Cash cycle

    Customer Order

    xible Shipping Price: Apply volume

    ed pricing on items to reduce money

    on shipping

    prove Customer Flexibility through

    duct:Currently, there are no options

    cancel order on website and to

    /update orders at the last minute.

    duct improvements that address

    se issues will improve flexibility, ASP

    decrease unnecessary cancellation.

    ephony as a customer touch-point:

    center has outbound marketing

    ssaging, which can put-off a customer.

    o, when cancelling the product order,employee tries to influence the

    tomer into retaining the product.

    ndardizing this garners positive

    tomer reviews

    xible Delivery Window: A delivery-

    dow preference at ordering time will

    ult in lower returns, an efficient

    lling mechanism

    ailability of virtual fitting: The fit &

    related returns can be reduced by up

    50% using virtual fitting solutions suchVirtuesize, Shoefitr etc.

    On demand Delivery:Avoid over

    servicing clients & mitigate risks of badreviews due to delivery, plus cost savings.

    Reduce Warehouse processing time:

    Effective warehouse management

    software, and increased speed of

    delivery. Also, an efficient system needs

    less labor and reduces wastage

    Optimize Inventory:Efficient forecasting

    through statistical models to reduce

    inventory holding & transportation costs.

    Penalties in Third-Party Contracts:

    Include Customer lifetime value as a

    parameter in the Service level

    agreements. This will help with customer

    retention and reducing delays

    Include drop-off points:Specific Drop off

    pts in villages can help increase delivery

    efficiencies and reduce delivery clutter.

    Improve data communications:Knowing

    where every package is, knowing its

    status and having the ability to re-route

    deliveries in real time represent the key

    to mastering the final mile of the supply

    chain.

    Reduce Fraudulent

    Claims:Use prevention and

    detection tools such

    as a real-time scoring

    engine that evaluates

    and reduces the risk

    level of transaction

    during the

    authorization

    process

    Improve other basic

    checks during

    payment process:

    Currently, there are

    no checks on

    information entered

    by customer such as

    mobile OTP or email

    confirmation. Include

    these basic checks to

    ensure that

    fraudulent claims are

    reduced

    Efficient Cash

    Handling:Use third party

    vendor wallets s

    as PayTM, PayU

    money etc. to

    manage paymen

    Drop off points

    Reduced Costs &

    additional bene

    Flexibility of pay

    modes, additioncash back incen

    and reduced ris

    along with low

    money holding t

    Returns: No que

    asked return po

    - on demand pic

    and packing ser

    at drop off poin

    unmatched cust

    service.

    Order Processing FulfillmentCash Managem

    Returns

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    Solution ExampleInventory and Forecasting process

    Inventory Parameters

    Inventory Optimization Model

    Team:We have formed our team ensuring that we bring in skill sets that align well with the needs of the project.

    Underlying our diverse backgrounds and industry experience are the core competencies of operations, supply chain

    management, e-commerce and inbound and outbound marketing, which will be ideal for the project which runs throughthe entire value chain.Arpit Gupta - Digital Marketer turned Entrepreneur of a B2C e-commerce firm. Has extensive hands on experience in

    marketing management of specialty portfolios and also has the experience of developing a customer focused niche

    industry from scratch to break-even to profitability.Bhagawat Rawat- Operations person with experience in managing key plant turnarounds and multimillion dollar

    projects often involving multiple stakeholders. He cements the group with providing a bottom line strengthening

    approach to the activities.

    Kunal Krishnan- Supply Chain Professional with 7.5 years of experience. Prior to ISB, he was Manager within the

    Consumer Goods vertical with Accenture Management Consulting. He has created forecasting, inventory management

    and network optimization solutions for clients across industries such as Consumer Goods and Consumer Electronics.Nakul Jayadevan- A mass media graduate with a major in advertising from St. Xavier's, Mumbai has 3.5 years of

    experience working towards helping a global brand, Red Bull, establish a local face here in India. He has led 360 degree

    marketing campaigns, ideating and executing numerous communications and branding strategies. He played a pivotal

    role in launching the product in Tier II cities across Tamil Nadu & Kerala.

    Srinivasan GopalakrishnanAn electrical engineer with 2.4 years experience at ABB in a customer service engineer role

    for 15 months and a Marketing & Sales role for a year, during which he has worked on marketing ABBs energy

    management solutions and automation systems. He has also pioneered two operational cost saving initiatives during

    this time.