How does big basket manage inventory?

Big Basket procure groceries from farm and other producers and store them in the inventory. They sell the items through their online portal with a margin and provide home delivery as a value-added service. Big Basket procure groceries in large quantity and sell them under private label.

What is BigBasket business model?

For consumers, BigBasket is a delivery platform but as a business it is spread out into everything from procurement to supply chain and logistics as well as in consumer services through subscription-based delivery and also somewhat into the foodtech category thanks to some local shops selling specialty items.

How does Grofers work?

Users place an order. It goes to the warehouse, where Grofers staff check the item before packing to ensure excellent product offerings to the customer. The delivery executives pick up the order from the warehouse. Delivery providers deliver the order to customers doorsteps.

How long does Grofers take to deliver?

We deliver everything in 10 minutes blinkit (formerly Grofers) is India’s fastest online shopping platform.

Does BigBasket hold inventory?

Inventory based model: The company has it’s own inventory and manages it based on everyday demand. Big basket started with this model. Companies like Grofers, ZopNow use this model.

Is BigBasket an Indian company?

Ltd., trading as BigBasket, is an Indian online grocery delivery service. The company primarily delivers grocery goods found in convenience stores, home essentials and food supplies to its customers. BigBasket was founded in December 2011 and has its headquarters in Bengaluru, India.

How does BigBasket make profit?

Big Basket eliminates the role of go-betweens in the consumer-supplier chain. It saves a lot from the money of the customers. The products manufactured by some of the best brands can be bought just within a few clicks. It has worked in favor of the working people who find hardly any time to go grocery shopping.

Does Grofers have warehouse?

Grofers has 25 warehouses in 10 cities. It plans to add seven more warehouses by December 2019.

Is Grofers Chinese company?

Blinkit (formerly Grofers) is an Indian instant delivery service. It was founded in December 2013 and is based out of Gurugram, India. Blinkit currently operates in more than 30 cities in India. As of 2021, the company has raised about US$630 million from investors including SoftBank, Tiger Global and Sequoia Capital.

Is Grofers delivery free?

Grofers is charging Rs 29 as delivery charges on orders below Rs 500. You can avail of free shipping on all orders above Rs 500. You can select the delivery date and time according to your convenience.

Is Cash on delivery available on Grofers?

Hi, we do provide the option to customers wherein they may pay via cash, Paytm, Mobikwik or Sodexo at the time of delivery itself by selecting ‘Pay On delivery option’ available on the payment page of the Grofers application.

How do Grofers and bigbasket work?

With Grofers and BigBasket users can order through the easy-to-use mobile application and get everything delivered to their doorstep, quickly. Grofers basically connects consumers with local merchants. Users can browse the products on the app and order from the local shop in their area listed in the app, with convenience of delivery.

What is bigbasket’s strategy?

Bigbasket sources, maintains and supplies it’s own inventory unlike grofers who delivers from neighborhood stores for a fee and do not own any inventory. But bigbasket is buying into hyperlocal strategy. Recently the company announced partnership with 1800 neighborhood stores across the country to deliver goods in an hour.

How does Bigbig basket work?

Big Basket operates on larger scale. They manage inventory to meet the huge demands. They have warehouses from where orders are picked and then delivered. It is very important for an On Demand business to ensure that the deliveries are done on time.

Why has bigbasket stopped deliveries?

However, Bigbasket was forced to stop deliveries temporarily due to these restrictions being imposed by authorities.