Thursday, September 28, 2006

Reliance Retail to create both retail and supply models

The Economic Times reports that Reliance Retail is also working on creating a successful supply chain model. The company has been supplying fresh fruits and vegetables to Big Bazaar as a practice of sorts, and is keen on continue doing so. When Reliance receives its consignment of goods from China, it will supply the items not only to its own stores, but to other retailers as well.

Keeping procurement as a separate division from retail, Reliance has already set up rural business supply hubs in Punjab, Haryana, Himachal Pradesh, Uttranchal and West Bengal, for procurement of grains and milk products. Taking a long term approach, Reliance has build schools and medical centres and also has soil and weather specialists to help the farmers maximize their production.

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