PRAYAAG’10 The Catalyst Forum Jamanalal Bajaj institute of Management Studies Following is the format of a retail shop, ‘The Bazaar of Isfahan’• As a Retail shop it consists of various functions like Counters and products like, medicines, gifts, vegetables, etc. •Various shapes/formats have been used in the retail shop to form outlets for such functions/products • Each shape has its own characteristics, advantages and disadvantages • The formats in red are stable and cant be changed • There are 3 pillars in the retail shop which are marked by a circle • The Rectangular formats with, Refrigerated Products and Medical store cant be changed or moved, however the products sold within them can be changed • The information about the designs of the shapes/formats is provided in the following slides • No other shapes can be used in the shop apart from the ones explained in the following slides 7/31/2017 2 ‘The Bazaar of Isfahan’- Basic Layout Stationery FMCG Goods Stationery Refreshments (snacks) Fruits and Vegetables Coffee shop Music Centre Medical Store FMCG Goods Refrigerated Products Counter 1 Counter 2 Gifts Centre Baggage Glass walls 7/31/2017 Apparel Store Stationery Entrance Glass walls 3 Problem Statement in the retail shop, ‘The Bazaar of Isfahan’ The shop is running through losses and the management thinks that it is because of the faulty retail format. You have to change the retail format and come up with a new format satisfying the following conditions: • Only the 6 types of shapes/formats explained in the following slides can be used • There is no restriction on the size of a particular format/shape you want to use, however the size of the Retail shop as a whole cannot be changed • There are no restrictions on the number of formats/shapes of a particular type you want to use • The shapes marked in red and their placement in the shop (as shown in the basic layout) cannot be changed/moved, however you can change the product sold in that format. For E.g., The rectangle format in which medical store is operated at present cannot be changed or moved but you can operate it as a store other than a 7/31/2017 medical store 4 Evaluation Criteria • Formation of the new layout for the Retail shop • Justification for assigning a shape/format for a function/product particular particular • Justification for placement of a particular shape at a particular place in the retail shop 7/31/2017 5 Problem Statement in the retail shop, ‘The Bazaar of Isfahan’ Following are the functions and products which have to be accommodated in the new Retail FormatSr. Function/Product Quantity No. 7/31/2017 1. Payment Counter 2 2. Baggage Counter 1 3. Medical Store 1 4. Refrigerated Products 1 5. Music Store 1 6. Gift Store 1 7. Fruit and Vegetable store 1 8. Apparel Store 1 9. Stationary store 2 10. Coffee House 1 11. Stacks for FMCG Goods like personal care, food, etc. 4 6 Format 1 Circle: •A pillar in the middle, with a circular wall 3 feet in height all around. • Desk for interaction with the consumer on the circular wall • Less space for storage of goods on the shelf • Visibility of goods from all the sides desk 7/31/2017 7 Format 2 desk Salesperson Shelf for goods Rectangle: •A desk in front followed by a shelf at the back, both of the same length •Ample space for storage of goods •Goods visible on shelf only in one direction 7/31/2017 8 Format 3 •Maximum space for storage of goods desk Salesperson Shelf for goods L-Shape: desk •Goods visible from 2 directions Salesperson Shelf for goods 7/31/2017 9 Format 4 Triangle: •Long desk for better customer interaction •Small shelf storing goods for •Things can be hanged on the side walls Shelf 7/31/2017 10 Format 5 Stacks(one sided): Goods Goods •Space for storing goods •Net in the front to increase the storing space •Helps in making the goods more visible and easy to be picked up •No need of a sales person 7/31/2017 11 Format 6 Stacks(2 sided): Goods Goods Goods •Ample space for storing goods •Net in the front to increase the storing space •More Visibility •Goods easy to be picked up •No need of a sales person 7/31/2017 12 Deliverables 1. Make changes as per the problem statement and the rules in the basic layout provided to you in slide no. 3 2. Justify the changes in terms of, •Justification for assignment of a particular product to a particular shape •Justification for placement of the shape at a particular place in the retail shop 3. Mention the justification for the respective shape/format in the slides where the designs of the shapes have been explained(slide no. 6-11). A sample slide is shown below 4. Maximum number of slides in the ppt. should be -7 • • Basic Layout (changed)-1 Justification slides for shapes-6 5. After making the necessary changes in the ppt., The entry in the form of this ppt., should be mailed across to [email protected] in the format: <Team name_Institute Name_BazaarofIsfahan>, subject line also being, <Team name_Institute Name_ BazaarofIsfahan > 7/31/2017 13 Format 5Justification: 1. Assigning product/function xyz to this format- 7/31/2017 Goods Goods 2.Placement of the shape at xyz place in the Retail shop- 14 To be a king … Feel Like ONE !!! 7/31/2017 15
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