“Unorganized retailing” is defined as an outlet run locally by the owner or caretaker of a shop that lacks
technical and
accounting standardization. The supply chain and sourcing are also done locally to meet local needs. Its organized counterpart may not obtain its supplies from local sources.
8 comments:
The major differnce between orgnised and unorgnaised retailing lies in its number (chain) of store operations. An unorgnised outlet may be just stand alone or can have maximum of 2-3 outlets in a city. where as the orgnised outlets are "any retail chain (more than two outlets)which is professionally managed (even if its family run), has a accounting transparency (with proper usage of MIS and accounting standards) and organised SCM with centralised quality control and sourcing (certain parts can be locally made) can be termed as an "oranised retailing" in India.
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unorganized retailing is found in most of the countries throughout the world. India and China are strong examples of countries in which unorganized retailing dominated their markets.
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joining this but need basic guidelones plz help me out
want to start a unorganised retail sector plz hlp me tell me d process..steps..
Radhika,
Would you please tell me where have you got the definition of organised retailing (within quotation marks)?
It seems to be very useful. I will be grateful if you can please give the reference (I mean a proper citation with author's/authors' name, article and journal name/ name of the book, year of publication etc.)
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