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Jobs at Krigi Solutions
The traditional way of making wholesale purchase is undergoing change due to shifts in consumer behaviour. Retailers travel to metro cities and manufacturing hubs once in a quarter and buy merchandise for a quarter. With break up of joint families and participation of many women in retail shop, it becomes difficult to leave the shop for 4-5 days to make purchases. By buying online retailers can focus on sales instead of purchase. The buying experience in wholesale market is not the best where retailer has to jostle for space and unfriendly ambience and customer service. The fashion cycles are also getting shorter. New designs are getting launched on weekly basis. By buying online retailers can buy according to latest trends and their stock will move fast and they will not have dead inventory. Moreover retailers in small cities do not get access to latest designs and have to choose from limited variety offered by their wholesalers. Online marketplace will give them huge variety and enable discovery of manufacturers. Also fashion is a unique category having unlimited variety and is unorganized with fragmentation of both manufacturers and retailers. There is a need to organize the industry and bring efficiencies in the operations. The profit margins in fashion are high.
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