+ All Categories
Home > Documents > INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

Date post: 04-Jun-2018
Category:
Upload: milan5844
View: 227 times
Download: 0 times
Share this document with a friend

of 23

Transcript
  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    1/23

    S K PATEL INSTITUTE OF

    MANAGEMENT ANDCOMPUTERSTUDIES(MBA)

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    2/23

    GROUP MEMBERS ROLL NO

    Nandani Darshita 64

    Nasit Kinjal 65Nayak Milan 67

    Patel Nirav 81

    Vyas Ankita 119

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    3/23

    Introduction of Flipkart Founders Detail

    Business, Information & Technology used By Flipkart

    Flipkart Wallet

    Recommendation Engine

    Supply Chain Management

    Customer Relationship Management

    Fraud detection system

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    4/23

    Flipkart was established on 2007 by Sachin Bansal and Binny

    Bansal with the objective of making books easily available.

    They are present across various categories including

    movies, music, games, mobiles, camera, computers,

    healthcare and personal products, home appliances andelectronics and sooo. On.

    With over 11.5 million book titles, 11 different categories,

    more than 2 million registered users and sale of 30,000items a day, they are one of the leading e-commerce

    players in the country.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    5/23

    They get success within a shorter period of time because of:

    Cash/card on delivery.

    30 day replacement policy and also EMI option.

    Free shipping and low prices.

    Consistently record repeat purchase rates of more than

    70%

    Provide testimonials to the superior customers.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    6/23

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    7/23

    CEO and Co-Founder Born in Chandigarh, Computer

    engineer in IIT New Delhi.

    He had experience in Amazon.com At Flipkart, Binny oversees all

    operational activities that come into play from

    the time the customer places an order till the timeof delivery. This spans across divisions likewarehousing, logistics and customer support.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    8/23

    CEO and Co-Founder3

    Born in Chandigarh, Computer

    engineer in IIT New Delhi.

    In 2006 he joined Amazon.com in Indiawhich he later left to set-up Flipkart.

    Sachin oversees all the customer facing

    activities of the company ranging from technology tomarketing. He is also in charge of Flipkart's corporatedivisions which include the finance and legaldepartments.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    9/23

    Flipkart Manages the Business:They maintain effective relationship with the suppliers. Flipkart

    established a network of more than 500 distributors. They manage

    their supply chain very effectively: When customer making purchase

    from Flipkart they provide various options for payment like Cash on

    delivery, Demand Draft, cheque and also from Money order. When

    customers enter the phone number and address at the same time they

    packed the goods and sent it for the shipment. The delivery timevaries between less than 24 hours and 3 weeks depending upon the

    location.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    10/23

    How Flipkart Manages INFORMATION SYSTEM:

    The company use sales to predict the inventory levels. The

    warehouses are split into multiple areas- inventory, packing,shipping, and so on. The stocks are replenished every 24-28hours.

    They have an understanding with their associates for order

    tracking, reconciliation and MIS reports. The customer is alsoupdated about the status of his shipment via message, email orthrough the website.

    When there is recall of any product than also they manage that

    efficiently. Flipkart also takes care of the after sales needs of itscustomers with regard to delivery of an item or addressinggrievances including delayed delivery by the logistic partner.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    11/23

    Flipkart Using Technology& Bring Innovation:

    Mr. Amod Malviya, VP Engineering, Flipkart comeup with the framework has Two components.

    Onemeasures the performance of the website

    through various defined metrics.

    Second oneis used to test the success of webmarketing campaigns, allow multiple versions of

    the site to be live simultaneously.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    12/23

    TECHNOLOGY Continue..If the transaction rate falls bellows a certain limit, system areimmediately alerted. Second framework is helpful to engineers tochange the design of the homepage. They can also evaluate theimpact of the change with the metrics collection tools.

    Plain vanilla approaches to scaling web-sites do not work when traffic isin the order of millions per day and growing.

    The recommendation engine - used to generate recommendations forusers.

    The Supply Chain backend system(s) and the technology platform thatwere built ground up to accommodate scale without compromisingcorrectness.

    The Fraud detection system

    The entire Digital Platform - buying apps, data formats, player/readerapps.

    The automated codes build & deployment, server deployment tools thathelps to push features at better velocity.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    13/23

    Add money and enjoy a hassle free shoppingexperience!

    The Wallet is a prepaid instrument that enables you to shopon Flipkart multiple times by making a one-time payment of a

    certain value. This will be added to your Wallet as prepaidbalance. When you select the Wallet as the mode of paymentfor your order, the corresponding amount will be deductedfrom your Wallet balance.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    14/23

    Product discovery is an important step in

    users interaction with an ecommerce website

    and recommendation systems play a very

    useful part in the discovery

    This becomes ever so important with

    increasing size of the catalog, making itharder for every user to express their intent

    through well formed queries

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    15/23

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    16/23

    (1) Help Find:

    Help to find similar products

    (2) Help Decide:People chooses by their own will.

    (3) Excite OR Wow:

    New Products which are recent to the market

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    17/23

    Customer

    CourierAgenci

    es

    Flipkar

    t

    Manufacturer

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    18/23

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    19/23

    Customer relationship management Customer relationshipmanagement (CRM) is a broad term that covers conceptsused by companies to manage their relationships withcustomers, including the capture, storage and analysis of

    customer, vendor, partner, and internal process information

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    20/23

    Flipkart doesnt believe in getting the product oncethe order is placed. The products are all there in the

    inventory itself. When one place the order online,the CRM system sends the request to the inventorystore and the team ships it within 2hours ofreceiving the request.

    Never promise something that you do not have.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    21/23

    ANS SYSTEM

    ANS (Alerts and Notification) system of theirinventory system management software keeps a closeeyes on fast moving, slow moving, and dead to notifyabout the stock.

    Strategies used by Flipkart:Warehouses near airport

    Local warehouses across 8 citiesA part of customer support team based out ofwarehouse

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    22/23

    PayZippyis a fresh new payment solution for merchants

    and buyers. Start accepting credit and debit card paymentson your website and mobile store.

  • 8/13/2019 INFORMATION SYSTEM FOR MANAGERS PRACTICAL ASPECT ON FLIPKART

    23/23


Recommended