Meena Bazar Essay

Meena bazar is one of the largest retail super securities industry chain in Bangladesh with International standards, undecided in 2002 and operates in Dhaka, Chittagong and Khulna division. Meena Bazar outlets be carrying almost 12,000-15,000 products for sale & providing pleasant shopping experience, easy parking and friendly customer utility for its customers. Meena Bazar is a subsidiary of Gemcon Food & Agricultural Products Ltd, producing organic products, dairy items, prompt food & herbal products. Meena Bazar is non only catering such items to its shoppers, but too educating them about their benefits. In order to offer the better possible price to its valuable customers, Meena Bazar procure their produce items instantly from the farmers, cutting the middlemen, while ensuring high character reference, freshness and continuous availability. Meena Bazar is also known as one of the trustworthy food suppliers of the nation, hence it is committed to deliver its best of the very best by expanding its sphere either over Bangladesh.Design a caudex layout which leave behinds hushed and effective melt downDesign beauteous products which can be flat-packed efficientlySite stores of an take away size in the most effective locationsMaintain cleanliness and safety of remembering worldArrange for fast transposition of productsMonitor and enhance quality of servicing to customersContinually examine and improve operations practice promise that the jobs of all staff encourage their contribution to business success trading operations Management at Meena Bazar* Design a store layout which gives smooth and effective flowApproximately 15 million customers visit Meena bazars retail shop each year. New store designs showcase merchandise in an engaging and contemporary fashion, keeping pace with evolving retail trends.1. Storefront Design2. Interior Design3. Lighting Design4. Sounds and Smells list Sensory MarketingThe follow grid layout, which gives t hem some advantages like, Low cost, guest familiarity, Merchandise exposure, Ease of cleaning, simplified security, Possibility of self-service.* Ensure that the jobs of all staff encourage their contribution to business successIn Meena bazaar they real follow some procedure to ensure that that all staff atomic number 18 giving their best for the business success. * measuring employee performance and holding employees accountable, * providing the conference necessary to align each employees actions with the organizations overall business goals, * pursuing the employee development necessary to ensure success, and * Making a commitment (time, tools, attention, reinforcement, training, and so forth) to keeping employees engaged over the long attracter because they fundamentally believe and understand that no other strategy give produce as much success for both the business and the employees. credit and reward, Effective performance feedback, Shared values and guiding principles , relate effectively with employees, Positive relationships with coworkers.* Continually examining and improving operations practice (called operations improvement)At least one new consumer packaged goods product is launched somewhere in the world every two minutes. Retailers know they can increase market share if they can be first in their trading area to introduce a popular new item or do a better job of marketing it than their competitors.Distribution, Placement, Point of sale, Promotions, Price Changes are important aspects to examine and improve their operations practice. * Monitoring and enhancing quality of service to customers (called quality management)Quality in retailing is a package, consisting of goods quality and service quality in combination. Quality assurance systems aim to maintain a consistent level of quality in the flow of goods, and quality defend system aim to halt the progress of faulty products in leave chain. There are some processes that meena bazaar ap plying in their shop to give the best service to the customer. So, they flow some process to give the wide-eyed satisfaction to the customers. * Customers are assets of the retail business and the retailer cant afford to lose even a single customer. * Greet customers with a smile.* Assist them in their shopping. * The sales representatives should help the individuals buy merchandise as per their need and pocket. * The retailer must not oversell his products to the customers. Let them decide on their own. * Give the individual an honest and correct feedback. If any particular equipage is not looking good on anyone, tell him the truth and adumbrate him some better options. * Never compromise on quality of products. regain one satisfied customer brings five more individuals to the store. Word of express plays an important role in Brand Promotion.* Arrange for fast replenishment of productsHigh margin items should be placed in high business Areas. High demand items should be plac ed in low commerce areas. Complementary items should be placed near each other. Seasonal ask should be considered. Items needing frequent re commonplaceing should be placed near storerooms or interchange registers. Larger departments should be placed in lower traffic areas. So they can easily arrange for the fast replenishment of products. * The retailer must ensure to manage inventory to avoid being out of pack. * Every retail chain should have its own warehouse to threadbare the merchandise. * Take adequate steps to prevent loss of inventory and stock* Maintain cleanliness and safety of storage areaThe Meena bazaar store eternally offers a positive ambience to the customers for them to enjoy their shopping and leave with a smile. * The store should not give a cluttered look. * The products should be decent arranged on the shelves according to their sizes and patterns. Make sure products do not fall off the shelves. * There should be no foul emotional state in the store as it irritates the customers. * The floor, ceiling, carpet, walls and even the mannequins should not have unclaimed spots. * Never dump unnecessary packing boxes, hangers or clothes in the dressing room. Keep it clean. * Make sure the customers are well attended.* assumet allow customers to carry eatables inside the store.* Site stores of an appropriate size in the most effective locationsStrengths of the Meena Bazar is Size allows for competitive acquire terms, Strong senior management, Flexible formats. Opportunities of the Meena Bazar are Forming or unite a strategic alliance with suppliers, Growth of non-food, Growth of convenience and compress hypermarket formats, Effective use of Clubcard database to increase basket size and Develop spare services. They have their branches in the most effective area like dhanmondi, jatrabari, uttara, banana, kuril and so on in almost all over the country.* Design elegant products which can be flat-packed efficientlyProduct will be intenti onal in a way which is compact so that it can be attractive and minimization of shipment cost. Category signage helps consumers negotiate throughout the store to find the product categories they are looking for. The size of category signage varies wide from a lettering that is a few feet in height to scarce inches. Space Productivity represents how effectively the retailer utilizes its space and is usually deliberate by sales per square foot of selling space or gross margin dollars per square foot of selling space.