Author Topic: How JioMart Gains Reliance Retail Future Group Deal ?  (Read 167 times)

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How JioMart Gains Reliance Retail Future Group Deal ?
« on: August 31, 2020, 12:11:21 PM »
We believe that Future supply chain’s assets will prove useful for Jiomart + Reliance's offline business.

Jiomart intends to supply grocery online as well as act as a distributor to retail shops. We believe this would require an integrated supply chain network to connect RIL Market and warehouses with local kiranas, and kiranas and local RR outlets with customers. Assets of Future Supply Chain and Future Retail's Easyday network (990 Easyday, Heritage Fresh and Nilgiris stores) can help Jiomart's distribution and hyperlocal retail ambitions. These stores are neighborhood grocery stores, which would sell a select number of SKUs to a set of 800-1,000 member households. It also carried out local deliveries to these neighborhood households and had enabled Whatsapp based ordering for some locations. We believe these stores can be converted into Reliance branded outlets and be utilized to carry out Jiomart’s hyperlocal operations. Further, RR can also get data of these local neighborhoods and can easily onboard them as Jiomart's customers.

Future Supply Chain has capabilities of warehousing, operating DCs, express logistics, temperature-controlled logistics, last mile delivery. Further, in FY2019, FSC launched India Food Grid (IFG), a network of 38 Integrated Food and FMCG distribution centres (IFDCs) across the country that provide pan-India reach. The IFG can manage distribution right from the manufacturing hubs up till the final point of consumption.