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Connoisseurs Choice Vouchers: (Ideal for gifting purpose) These vouchers can be redeemed on any product sold at Pantaloons. These vouchers can be used in conjunction with any other offer in store. These vouchers are valid for a period of one year.
Arrangement with Vendors
The kind of arrangement from suppliers makes a lean operation. Pantaloon will carry no stocks. They lie with the manufacturer and are replenished just in time. In businesses where there aren't any large manufacturers, like plastics, leather, food technologies, Pantaloon is trying to engineer its own low prices. For T-shirt, it has an in-house label for Rs. 249 as opposed to an industry average of Rs. 315 for the same size.
Systems
Pantaloon Retail (India) Limited will invest Rs. 100 crore in information technology over the next three years as part of its plans to revamp the IT infrastructure of the group and has entered into a partnership with business software solutions provider SAP for the purpose. To support the growth and maintain the competitive edge, a robust and futuristic IT infrastructure has been planned for the next three years with investments of over Rs. 100 crore. Their strategic partnership with SAP, a world leader in business software solutions provider is our first step in realizing their IT vision.
The IT plan of the company is for its lifestyle and value retail businesses. As per the roadmap, SAP will implement its my SAP Business suite, SAP Advanced Planning Tool for Merchandise Planning and SAP Apparel & Footwear Solutions which would be implemented across the organization.
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* Contributed by -
Manasi Panigrahi,
Pursuing MBA, Batch of 2006,
ICFAI Business School, Hyderabad.
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