How to Survive and Thrive when New Competition Comes to Town
RETAILER NEWS
Jul 5th 2011, 00:00
Walmartâs entry into South Africa is set to have a profound and far-reaching impact on Africaâs retail supply chain. What are some of the âmust doâsâ that every retailer will have to action to survive? How can smaller retailers meet the challenge? What will be the benefits and disadvantages of Walmartâs presence in the South African market? How will that impact local retailers?
Join former award-winning CNN correspondent Paul Tilsley as he interviews retail expert Simon Mathers at a Networking Breakfast to be held at SAITEX. SAITEX takes place alongside Africaâs Big Seven, the continentâs largest Food and Beverage Trade Fair, from 17 to 19 July at Gallagher Convention Centre, Midrand, Gauteng.
While South African retailers will try to be competitive with Walmart in many areas¸ they will face a deluge of challenges.
Some major obstacles will be Walmartâs global procurement strategy, its state-of-the-art ECR (efficient consumer response) strategy and its unparalleled buying power.
âAfrican retailers will be forced to up their game,â says John Thomson, Managing Director or Exhibition Management Services, organisers of SAITEX. âComplacency will become a bad habit of the past, and collaboration in the supply chain will be essential. With Walmartâs lean pricing structures, local retailers will be forced to focus on driving efficiencies and improving their processes, whilst implementing innovative pricing strategies.â Thomson adds that the networking breakfast with Simon Mathers will equip retailers and their supply chain partners with essential tools and knowledge needed to overcome these challenges and build robust enterprises - even with Walmart on the scene.
Secrets of a Retail Guru
Simon Mathers is a results-driven business leader in the retail industry with a proven track record of 30 yearsâ experience. He has contributed much to advance performance growth and profitability in diverse retail organisations in Europe, the Middle East, Asia and Africa. He also brought his expertise to South Africa, where he was a Director at Massmart.
Mathers is a specialist in reading and understanding trends, strategic planning, start-up operations, sales, marketing, business development, leadership, relationship building and commercial operations.
About Walmart
In 2010 Walmart was the world's largest public corporation by revenue. Headquartered in Bentonville, Arkansas, it is the largest majority private employer in the US and Mexico, with 2.1 million employees. It is also the largest grocery retailer in the United States. In 2009, it generated 51% of its $258-billion in sales in the US grocery business.
Walmart's international operations currently comprise 4 263 stores and 660 000 employees in 15 countries outside the United States. In the 2010 financial year, Walmart's international division sales were $100-billion, almost 25% of its total global sales.
Some of the questions Tilsley will be putting to Mathers are:
ď§ How have major players Walmart, Carrefour and Tesco rolled out across Europe?
ď§ How have local players faired and survived in the rush for market share?
ď§ What are some of the mass merchandisersâ weaknesses and how can smaller speciality stores focus on a narrow but lucrative niche?
ď§ Why are South African retailers unique compared with their counterparts in the rest of the world?
Mathers and Tilsley will present a special segment on what the new business advantages of Mobile (E/M) Commerce can give African retailers, including:
ď§ International success stories in E/M Commerce and insights into why once great companies who ignored this development are no longer around;
ď§ Talk through and demonstrate of some of the latest mobile commerce solutions;
ď§ Show how new markets in the Middle East are racing ahead with this new sales and marketing technology.
The event takes place on Tuesday 19 July from 08h30 for 09h00 at the Gallagher Grill, at Gallagher Convention Centre, Midrand. The cost is R550 ex VAT per person.
Bookings can be made by phoning Linda Kaufman at Exhibition Management Services (Pty) Ltd on 011 â 783 7250 or email sales6@exhibitionsafrica.com
Numbers are strictly limited and will be taken on a âfirst come, first servedâ basis.
About SAITEX
SAITEX takes place from 17 to 19 July at Gallagher Convention Centre, Midrand.
Visitors can pre-register at www.exhibitionsafrica.com and take advantage of the free internet-based business matchmaking programme, which provides exhibitors and visitors with pre-profiled, pre-selected and pre-scheduled matchmaking meetings for all three days at AB7 and SAITEX. Visitors can also preview all exhibitorsâ products on the same site from 15 June onwards.
Experience AB7 and SAITEX in Advance!
To see what AB7 and SAITEX are all about, view the 2010 expo video on You Tube â simply go to www.youtube.com and in the top search window type âSaitex & Africaâs Big Sevenâ.
For more information contact Lineke Fleischer, Exhibition Management Services.
Tel: +27 11 783 7250. Fax: +27 11 783 7269.
E-mail: admin@exhibitionsafrica.com
Website: www.exhibitionsafrica.com
Related News
Will SA remain biggest African economy?
15/05/2012 - 10:44
KPMG, the global consultancy firm, says SA is no longer the only gateway into Africa and it repeated previous statements by economists that the country could eventually lose its title of being the continentâs largest economy.
Walmart âshaking upâ SA business
14/05/2012 - 08:58
The increasing internationalisation of Africaâs retail industry â specifically Walmartâs entry to the market â has shaken up SAâs supply chain, forcing local solutions companies to reinvent themselves, Amalgamated Appliance Holdings (Amap) CEO Alan Coward said on Friday.
Massmart stock dips as sales disappoint
09/05/2012 - 07:52
Markets were disappointed by Walmart-controlled Massmart âs sales update released yesterday, with its shares falling as much as 2,5% to reach their lowest level in almost a month.
Walmart can learn âa thing or twoâ from Massmart method
07/05/2012 - 08:50
Everyone expected all the learnings to come from Walmart. There was an expectation within the retail industry that Walmart would change how Massmart does business not only within the company itself, but for its suppliers and mostly its customers.
Supply Chain Company Releases 3D Virtualisation Solution for Retailers
25/04/2012 - 09:45
JDAÂŽ Software Group, Inc. (NASDAQ: JDAS), The Supply Chain CompanyÂŽ, today announced the release of JDAÂŽ 3D, an integrated category optimisation and three dimensional (3D) virtualisation solution that provides true consumer-driven collaboration and visibility that is faster, less expensive, more interactive and incorporates the consumerâs point of view. Powered by Red Dot Square, JDA 3D transforms space and floor planning solutions into a smart, interactive photo-realistic world.






