A Comparative Analysis of Material Management on Traditional Method and Modern Method at More Retail Private Limited Mysore, Karnataka
Author 1: KRUTHIK T S
4th Sem MBA, RR Institutions of Advanced Studies,
RR Institutions
Bangalore University, Bangalore,
Email ID: trsrinivasa456@gmail.com
Author 2: GEETHA R
Assistant Professor, RR Institutions of Advanced Studies,
RR Institutions
Bangalore University, Bangalore
Email ID: rgeetha691@gmail.com
ABSTRACT
The project was undertaken at More Retail Private Limited Mysore. The objective of this training is to enable a better understanding of working in the organization and to develop a comparative approach between the theory and practical application The study has been undertaken on the topic of a comparative analysis of material management on traditional method and modern method at more retail private limited, Mysore, Karnataka. The main objective of the study is to analyze the financial performance and Inventory Management of the company. By assessing investor preferences, financial goals, and risk appetites, the study aims to provide insights into optimizing investment portfolios. To analyse the research used a primary data like questionnaire and secondary data are taken from company and research papers and Chi-Square Test as a statistical tool for analysing categorical data, such as investor preferences. The research delves into key areas, including inventory management, logistics, procurement, and last-mile delivery. It evaluates the challenges faced by More Retail Pvt Ltd, such as infrastructure limitations, rising customer expectations, and the need for technological integration. Furthermore, the study highlights the strategies implemented by the company to overcome these challenges, such as adopting advanced supply chain technologies, leveraging data analytics, and optimizing warehouse and distribution processes.
KEYWORDS: Material management, Modern method, Traditional method, Risk, Inventory management, financial security, Material handling.
