Incessant rains, political instability in markets such as Srinagar, and the upcoming Commonwealth Games, are giving retailers and manufacturers nightmares. Companies are reworking strategies to ensure that there is adequate inventory during the forthcoming festival season. An analyst note said: “Traditionally in India, sales peak during festival time. Almost 40 per cent of sales are achieved during the period starting from October-December. Incidentally this year, the festival period will coincide with the CWG. Restricted traffic movement and flood situations are creating a barrier to free goods movement ahead of the season start.”
A slew of retailers Business Line spoke to confirmed that brainstorming sessions were on to overcome tight situations, including shipping products directly from factories to the dealers, and even setting up smaller temporary warehouses in the cities to expedite good transportation.
“We are talking to dealers to take stock even at night. On our part, we are ensuring that the warehouses are supplying goods to stockists at a common meeting point and even sub-warehouses to overcome logistical issues,” said Mr K. K. Kaul, Head (Logistics and Supply Chain) for LG Electronics India.
No comments:
Post a Comment