Indian unorganized retail sector & its challenge

Indian unorganized retail sector & its challenge

India is the only one country having the highest shop density in the world, with 11 outlets per 1000 people (12 million retail shops for about 209 million households). Rather we can see the democratic scenario in Indian Retail (because of low level of centralization, low capital input and due to a good number of self organized retail).

India started its Retail Journey since ancient time.

In Ancient India there was a concept of weekly HAAT, where all the buyers & sellers gather in a big market for bartering. It takes a pretty long times to & step to shape the modern retail. In between these two concepts (i.e. between ancient retail concept & the modern one there exist modern kirana/ mom and pop shops or Baniya ki Dukan.

Still it is predominating in India

So the Indian retail industry is divided into two sectors- organized and unorganized.

Organized retail sector refers to the sectors undertaken by licensed retailers, that is, those who are registered for sales tax, income tax, etc. These include the corporate retail formats of the exclusive brand outlets, hypermarkets, supermarkets, departmental stores and shopping malls.

Unorganized retailing, on the other hand, refers to the traditional formats of low-cost retailing, for example, hand cart and pavement vendors, & mobile vendors, the local kirana shops, owner manned general stores, paan/beedi shops, convenience stores, hardware shop at the corner of your street selling everything from bathroom fittings to paints and small construction tools; or the slightly more organized medical store and a host of other small retail businesses in apparel, electronics, food etc.

Characteristics of unorganized retail-

Small-store (kirana) retailing has been one of the easiest ways to generate self-employment, as it requires limited investment in land, capital and labour. It is generally family run business, lack of standardization and the retailers who are running this store they are lacking of education, experience and exposure. This is one of the reason why productivity of this sector is approximately 4% that of the U.S. retail industry.

Unorganized retail sector is still predominating over organized sector in India, unorganized retail sector constituting 98% (twelve million) of total trade, while organized trade accounts only for 2%.

The reasons might be-

1. In smaller towns and urban areas, there are many families who are traditionally using these kirana shops/ mom and pop stores offering a wide range of merchandise mix. Generally these kirana shops are the family business of these small retailers which they are running for more than one generation.

2. These kiran shops are having their own efficient management system and with this they are efficiently fulfilling the needs of the customer. This is one of the good reasons why the customer doesnt want to change their old loyal kirana shop.

3. A large number of working class in India is working as daily wage basis, at the end of the day when they get their wage, they come to this small retail shop to purchase wheat flour, rice etc for their supper. For them this the only place to have those food items because purchase quantity is so small that no big retail store would entertain this.

4. Similarly there is another consumer class who are the seasonal worker. During their unemployment period they use to purchase from this kirana store in credit and when they get their salary they clear their dues. Now this type of credit facility is not available in corporate retail store, so this kirana stores are the only place for them to fulfill their needs.

5. Another reason might be the proximity of the store. It is the convenience store for the customer. In every corner the street an unorganized retail shop can be found that is hardly a walking distance from the customers house. Many times customers prefer to shop from the nearby kirana shop rather than to drive a long distance organized retail stores.

6. This unorganized stores are having n number of options to cut their costs. They incur little to no real-estate costs because they generally operate from their residences.

Construction Cleanup Cleaning Services

What is construction site cleanup, and what does a construction cleanup crew do?

Many cities across the nation require that construction sites recycle at least 50% of construction and demolition debris.

A construction cleanup contractor can take care of all the necessary tasks involved in cleaning up a construction site during and after all the stages of construction. These tasks can be more labor-intensive than many construction jobs.

On a basic level, the cleanup crews make certain that all newly built or renovated propertieslike homes and commercial businessesare ready for move-in.

Consult with your construction cleanup contractor to plan the separation of all recyclable materials there will be on the site, and to schedule frequent pickups of the materials. During the consultation, you could be able to plan a recycling program to handle 80% of all discarded materials, depending on how you and the cleanup contractor determine to handle the job.

Rates are based on the preliminary job estimate. Expect to pay around $30 per hour for the cleanup crews services.

The bulk of the construction cleanup crews job is in dividing materials on site as construction progresses.

The construction cleanup crew will allocate areas for wood, drywall, metals, and cardboard. A plastic fence or other clear demarcation will serve to divide the sections of the different discarded materials.

The cleanup crew will conduct timed visits that coincide with key stages of work on the construction site. For example, the crew will likely visit and work after the completion of framing, after drywall work, and after various stages of carpentry work.

The clean up crew loads the recyclables from the different debris sections onto trucks and delivers them to a recycling outlet. These outlets often pay for the discarded materials. That means you could earn income from the sale of your recyclables.

The construction cleanup contractor is also responsible for some of the finishing touches, like cleaning the windows inside and outside; dusting and washing all surfaces; removing stickers from windows and appliances; polishing all glass, marble, and tile; dusting walls and ceilings; and vacuuming floors.

Who should hire a construction cleanup crew?

Contractors overseeing an entire construction site will want to think about hiring a construction cleanup crew. Among the other subcontractors working on site, the cleanup crew can greatly contribute to the timely completion of work, and to the organization of the construction site, by placing recyclable and discarded materials in proper places aside from the overall work commotion.

Homeowners serving as the contractors of a remodeling job, of an addition, or of their new homes will want to hire a construction cleanup crew for the same reason a general contractor would.

City and municipal governments, too, may want to consider hiring a private construction cleanup subcontractor.

What are the benefits and drawbacks to hiring a construction cleanup contractor?

Excess materials on site lead to safety hazards, and they can easily upset inspectors and property owners. Its best to have these materials removed to a specific location off the part of the site that sees most activity.

Construction cleanup crews charge for their services as they are needed. That means theres no extra payroll to add to the overall cost of construction.

Other construction cleanup crews charge a flat fee based on the square footage of the construction site. That means there are no surprises or changes in the originally agreed-upon cost of cleanup.

And think about the convenience: The general contractor or the homeowner serving as general contractor does not have to handle the recycling program on his or her own.

However, as the projects overseer, you may know that its within your budget to handle the recycling of discarded materials without having to hire another subcontractor. General contractors may want to use existing crews however they can to limit the number of subcontractors they hire. For instance, it may be part of the deal that a general contractors other crews partly handle the discarding of debris from the site.

Think about whether or not a group specialized in debris removal can benefit the timely completion, quality construction, and efficient organization of your construction site.

The bottom line with construction cleanup

A construction cleanup crew is extra work on the job site. And extra work means additional expenses.

But hiring one of these crews can actually earn you money back on recyclable materials and increase the efficiency of building progress. That could mean less money expended, and a better job done.

Importance Of Management Development

Basically, management development is a term that describes any number of activities that reflect a planned effort to enhance employees ability in various individual and team management techniques. Very simply put, management development includes development of skills such as planning, organising, leading and developing resources. A key skill for any employees is the ability to manage their own work and control their career path. Highly motivated and self-directed individuals can gain a massive amount of learning and other benefits for their organisation by implementing an aggressive management development programme.

Management development refers to the process of training and developing managerial talent within a company or organisation.

But why do I need to waste time on training and development? Why not just hire the people I need when the time comes?

Nurturing in-house management talent may not seem important, but it is one of the most important aspects of the development of any organisation. This is the case for several reasons, some of which are listed below:
1. In-house management development programmes give employees the chance to utilise special leadership skills that may posses. These employees will certainly bring an enhanced perspective to management as they will know the working of the company from the ground up as opposed to managerial talent that is brought in from outside the company.

2. Employees will feel more loyal towards the company as they will see that the company is also invested in promoting their career growth and progress.

3. Finally, the overall cost of developing management talent in-house as opposed to trying to recruit talent from the outside world will be much less. A good management development programme may cost during the initial setting up phase, but will not cost much more after that. Individuals who have risen up from the management development programme will be happy to volunteer their time and mentor other employees. In general, a good management development programme will save a lot of money for any organisation.

Management development is a process that begins paying for itself very rapidly. You will begin to see the creation of a core team of individuals who are committed to the growth and progress of your organisation. In the long run, this can only mean increased efficiency and profitability as the management talent in your organisation grows stronger and stronger.

Half Year Report-construction Machinery Industry Overview

www.cri-report.com – In January-June 2011, China’s construction machinery industry accumulatively achieved the total industrial output value of CNY 312.35 billion, ascending by 43.04% YOY, and realized the sales revenue of CNY 306.13 billion, increasing by 40.86% YOY.

In 2011 H1, the accumulative product output of China’s construction machinery industry continued growing. Except for special cement equipment whose output experienced substantial year-on-year decline, other products all maintained growth, especially for internal combustion folk lift products.

After China’s construction machinery market experienced the rapid growth in 2011 Q1, various sub-industries have seen an obvious decline in sales volume since April compared with March. In January-May 2011, the accumulative sales volume of excavators in China grew by 36% YOY; that of bulldozers grew by 21% YOY; that of loaders grew by 21% YOY. It has been an indisputable fact that the construction machinery industry has slowed down.

Although China’s construction machinery industry still has favorable prospects in 2011, the decline in growth rate is an inevitable trend. The main reason for the decline in prosperity of some products in the industry lies in credit crunch, whose influence on the industry is mainly reflected in 2 aspects: first, the downstream demand of the industry will be influenced. Construction of some projects under construction has decelerated due to credit crunch, and operation of projects which were originally planned to be operated has been delayed; second, the marketing efforts of enterprises will be influenced. In 2011 Q1, various construction machinery enterprises successively made more marketing efforts and increased the proportions of financial leasing and installment payment so as to seize market shares. Since April, some enterprises have enhanced risk control and decreased the proportion of credit sales.

In 2011, the global economy recovered gradually and the demand for construction machinery increased. The external demand will still grow, directly driving the construction machinery export market especially for the construction engineering machinery manufacturing industry. Although the base of global economic recovery is unstable, the situation of favorable global economy will be unchanged in 2011. The export environment of China’s construction machinery will continue improving and the export value is predicted to be resumed to the record high of 2008.

To get more details, please go to http://www.cri-report.com/278-chinese-construction-industry-report-2011h1.html

More following information can be acquired from this report:
-Operations of China’s Construction Machinery Industry, 2011 H1
-Operations of Sub-industries of China’s Construction Machinery Industry, 2011 H1
-Import and Export of China’s Construction Machinery, 2011 H1
-Prediction on Development of China’s Construction Machinery Industry, 2011 H2

Singapore Mobile Commerce Industry Outlook To 2016 Evolution In Mobile Shopping

The report includes the market segments such as mobile applications and mobile payments with a detailed analysis of total industry size in terms of revenue, total number of subscribers undertaking m-Commerce transactions with their future projections and the latest trends and developments in the industry. The report also entails an analysis of all the major players in the market.
The total number of subscribers undertaking the Mobile Commerce transactions in Singapore is ~ for the year 2011.Singapore offers the brightest future in this market because of its high mobile penetration rate, an efficient regulatory system and sound financial support from government. Mobile Commerce market size has increased from USD ~ million in 2009 to USD ~ million in 2011 at a CAGR of 574.6%. Consumer spending via mobile devices rose from USD ~ in 2010 to USD ~ in 2011.

The number of mobile shoppers had constituted ~ of all online shoppers in 2011, as compared to ~ in 2010. The people in Singapore spent USD ~ million using Smartphone in 2011, almost three-quarters of the total M-Commerce market as compared to USD ~ million through tablets. Consumers spent USD ~ million on applications and USD ~ million on Movie tickets via their tablet devices.
The Singapore Mobile payment market has showcased a splendid growth in the past year from USD ~ thousand in 2010 to USD ~ thousand in 2011. The market is expected to grow at a CAGR of 53.1% from 2012 to 2016. The average spending of an individual on mobile shopping is expected to increase from USD ~ in 2012 to USD ~ in 2016. People are expected to prefer mobile shopping over online shopping in future. Singapore witnessed a decline of ~ in online shopping in past year.

Singapore mobile application market size in terms of revenue grew from USD ~ million in 2009 to USD ~ million in 2011 at a CAGR of 633.3%. The report also includes the mobile applications market segmentation into games, ringtones, learning applications, kids applications with their contribution on the basis of revenue. Games constitute the maximum share with USD ~ million revenue followed by ringtones, learning applications and kids applications. The industry is expected to grow at a CAGR of 91% in future.
Singapore customers in the age of 18 to 44 years prefer their mobile devices over personal computers as their primary internet platform because of the comfort and simplicity that mobile devices ensure nowadays. Mobile commerce industry has shown significant growth due to factors such as high smartphone penetration and mounting number of 3G subscribers.
The report entails a detailed SWOT analysis of the industry highlighting the key strengths and threats. A thorough scenario

analysis of the countrys mobile commerce industry explains the future projections under three different circumstances.
Key Topics Covered in the Report:
Market size of Singapore Mobile commerce industry
Market segmentation on the basis of category such as fashion and accessories, books, movie tickets and mobile devices such as smartphone and tablets along with their market share.
Detailed analysis of mobile payment market in Singapore with its market share and future projections Mobile application market size in terms of revenue in USD million Market segmentation on the basis of games, ringtones, learning applications and kids applications Cause and effect table relationship between various factors affecting the m- payment and m-application market.
Growth drivers for m-commerce, m-payments and m-applications market of Singapore Analysis of major players in these sectors with their company profiles in detail The historical and the projected trends in the macro-economic indicators, which had an impact on the Singapore mobile commerce market

For more information on the industry research report please refer to the below mentioned link:
http://www.ammindpower.com/report.php?A=295&T=D&S=96