Jasraj Kuner 1. Current Situation… Ever wonder where businesses get their grocery items from? Wholesale Grocery Operators Independent RetailersFinal Consumer.

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Presentation transcript:

Jasraj Kuner 1

Current Situation… Ever wonder where businesses get their grocery items from? Wholesale Grocery Operators Independent RetailersFinal Consumer Cash & Carry market worth £9.5 billion in the UK [1] [1]IGD.com – Free factsheets – UK Wholesale Market Overview 2005, Factsheet, IGD, Hertfordshire, viewed 23 January 2006, 2

How convenience stores currently make purchasing decisions… Out-of-date printed newsletters from wholesale operators Word of mouth from other retailers Visiting different wholesale operators in one stock purchasing trip (manual price comparison) Past experience INEFFEICIENT SYSTEM 3

Proposed Service GRUB Grocery Retail Hub An online service acting as hub for the grocery Cash & Carry industry, bringing together wholesale suppliers and customers. Online price comparison of items Up-to-date information to be directed to customers A central location for operators to advertise their goods and have potential customers directed to their on-site locations 4

New Situation Current rise of delivered & internet wholesalers – set to overtake physical sites in the next 10 years. A service such as GRUB has the potential to become a future ordering and information mechanism in this new age. Efficient Process 5