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There is no one particular product preference but a combination of products both as regular consumption and a gift factor that add to the complexity.
A retail biz means lots and lots of data and in fact, a continuous stream of data.
Retail, from luxury to e-commerce, is an extremely price sensitive business. Logistics, when utilised smartly, can prove to be a key factor impacting profits.
Blockchain technology will also guarantee a more transparent supply chain with consumers having access to all the information to determine whether a product meets their standards.
A Blockchain is a distributed database that maintains an ever-growing list of records called blocks.
It was in 2015 that MasterCard indicated that India was one of the countries least ready to switch to a digital payments system.
Other traders too, seeing the sudden surge of demand for khadi apparels, have started selling apparels in the guise of khadi. Clearly, reason being, khadi sales rose 25% to Rs 2,509 crore in FY18 from the previous year.
Although it is not clear yet how many employees will be under the firing axe radar, sources said it is happening across verticals and a few management level employees have already put papers.
Packaging is everywhere and is fueled by a relentlessly increasing population and globally escalating consumption patterns.
With the volume of e-commerce transactions growing at an astounding pace all eyes are under the lens are on the logistics industry and its growth and innovation is being looked upon as a key step for survival.
.Cash transactions have caused a host of problems for MSMEs including delayed payments, untimely credit, and issues with getting loans
All thanks to technology, today retail industry has surely witnessed a transformation. Indian consumer packaged goods industry is no exception. Let's know how has the CPG industry changed over time.