SYEDA RUHMA (PES1201802297) MONISHA SRINIVAS (PES1201802509) SUSHMITHA.R (PES1201802405) CONTENTS Introduction Business Model
Digital Features
Digital Framework
Problems in functions of org.
Suggested Framework
Conclusion INTRODUCTION BUSINESS MODEL DIGITAL FEATURES Simple design with easy navigation Appealing and persuasive user interface
Quick browsing just in a few taps
Easy search and easier check-outs
DIGITAL FRAMEWORK GOOGLE MAP PLATFORMS Big Basket handles more than a million orders per month Big Basket has more than four million customers
Big Basket is built from the ground up using
Google Maps Platforms It makes sure that they have the right customer locations and deliver on time It helps them to be fast, efficient and make sure their customers get what they’ve ordered quickly. DELIVERY STRATEGY
Own fleet of GPS enabled vans
Working on a hub-and-spoke model
All the goods are bought and stocked in a
warehouse 10 % refund if late
Combination of JIT & Inventory model
THE RIGHT SUPPLY CHAIN: THE BIGGEST CHALLENGE (PROBLEM STATEMENT)
The main challenge is to get the supply chain
right. There is a problem regarding the complexity of the fresh produce/low shelf life products supply chain. Big basket faces the problem of cracking the exodus of customers in online shopping with the inertia increasing rapidly CHALLENGES/ PROBLEMS Customer’s unwillingness to pay delivery charges: When purchase is made for a smaller amount it is highly uncertain that the customer will pay delivery charges. Difficulty to penetrate in small towns: Bargaining is a hobby in most small towns. Home makers are not tech savvy! : Most of them dread the concept of running apps, comparing prices, ordering etc. Disadvantages from Inventory Management:
Huge rent of warehouse, cold storage and maintaining
excess inventory Infrastructure: High maintenance and logistics cost. Freshness of fruits and vegetables: Customers have peculiar taste in selecting vegetables. Delivering rotten fruits and veggies because of mishandling etc cause dissatisfaction. Huge marketing costs: Promotional activities, advertisements expend revenue and ultimately profits turn into loss. STRATEGIC SOLUTION Improving network infrastructure, creating cloud computing environment. Removing in-house storing by using AWS cloud computing which is the on demand delivery of compute power, database storage ,applications , and other IT resources. Using cloud services platform via internet with pay - as- you go pricing . SUGGESTED FRAMEWORK Big basket is trying to challenge the local corner stores by opening online kiosks which is still in the planning stage. The idea is to install 10,000 machines over the next 24 months. These machines carry 24 to 48 products depending on the size of the apartment complex. The objective of these kiosks is to increase the frequency of buying by our customers. At big basket, with a technology-enabled backend, the inventories are on rotation thrice a month or 36 times a year. Big Basket is planning to start subscription based delivery services: they are able to get a hand on predictability per item, which can be clubbed with high-frequency purchase, that can make customers very sticky. Focusing more on the high order density which helps achieve the unit of economics CONCLUSION Online grocery business in India is rapidly growing wherein everyone is looking for the latest technologies and work that can be easily done and Big Basket has rightly achieved all these aspects Since its an online based company certain issues were faced and Big Basket has taken better initiatives to overcome these barriers