Article ID Journal Published Year Pages File Type
1016627 IIMB Management Review 2014 8 Pages PDF
Abstract

Supply chain is the backbone of retail business. Adoption of an efficient supply chain between producers and consumers by modern large retailers could reduce average transaction and information costs of market exchange; generate surplus for stakeholders such as producers, farmers, and consumers; expand output; and could thereby contribute to economic growth and net employment gains. Foreign players can introduce a highly advanced supply chain and develop local producers and generate externalities. This paper develops a simple theory of supply chain and economic growth. It shows the implications of adaptation of the Wal-Mart model of retailing on India's retail business.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
Authors
,