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Orly Dias

Helping banks in the...ย โ€ขย 1y

Their choice of setting up dark stores based on demand and inventory management are the key ingredients to their success. Using technology to forecast demand and maintaining that level of inventory plus also keeping orders within 10 min distance of the dark stores is something which others will also pick up along the way. Other than that, Quick Commerce is just opening multiple online supermarts in various locations like the already ubiquitous supermarkets with an additional cost of tech platform maintenance, delivery partners network and the pressure of quick delivery and discounts. How they will recover these additional costs, through economies of scale but I think that formula hasn't been cracked yet. Till that time they will be burning a lot of cash! Personally I don't use E-commerce. I prefer to use the 10โ‚น discounts to take a walk down to the store, interact with people and get a bit of fresh air, which is much more beneficial that a 10โ‚น save.

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