Small independent shops are the backbone of emerging economies. Supporting the supply chains of these so-called 'nanostores' is crucial for both shopkeepers and the local consumers who depend on them for food and other necessities, argues Ph.D. researcher Rafael Escamilla in his dissertation, titled 'Managing the Nanostore Supply Chain: Base-of-the-Pyramid Retail in Emerging Markets.'
Small independent shops are the backbone of emerging economies. Supporting the supply chains of these so-called"nanostores" is crucial for both shopkeepers and the local consumers who depend on them for food and other necessities, argues Ph.D. researcher Rafael Escamilla in his dissertation, titled"Managing the Nanostore Supply Chain: Base-of-the-Pyramid Retail in Emerging Markets.
Escamilla looked at financial, material and information flows in nanostore supply chains, identifying current obstacles and potential solutions.One of the current difficulties faced by nanostores is that suppliers generally require immediate payment when products are delivered to the shop, while most shopkeepers don't have large cash reserves or access to bank loans. For nanostore owners, it can be a struggle to keep their shop stocked.
Shopkeepers in emerging markets distrust the government, Escamilla found, and tax privacy concerns are an important reason for them to stick with traditional business practices. Tax privacy concerns could be alleviated by positive word of mouth around the unlikeliness of operational data being shared with tax authorities.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ashton Kutcher, Mila Kunis Explain Letters Supporting Danny MastersonAshton Kutcher and Mila Kunis spoke up amid backlash after it was revealed they wrote letters in support of Danny Masterson prior to his rape conviction
Read more »
Ashton Kutcher, Mila Kunis explain letters supporting Danny MastersonAshton Kutcher and Mila Kunis are speaking out about why they chose to write letters in support of their former costar Danny Masterson ahead of his sentencing for rape.
Read more »
Ashton Kutcher, Mila Kunis respond to backlash over their letters supporting Danny MastersonOn Saturday, actors Ashton Kutcher and Mila Kunis spoke out about the letters they wrote to the judge asking for leniency in their 'That '70s Show' costar Danny Masterson's recent rape sentencing.
Read more »
Danny Masterson victim slams Ashton Kutcher and Mila Kunis’ ‘insulting’ apology video for supporting rapistOne of the women Danny Masterson was convicted of raping slammed the disgraced actor’s former costars Mila Kunis and Ashton Kutcher, after the couple made a video apologizing for writing a pre-sent…
Read more »
Ashton Kutcher, Mila Kunis address letters supporting rapist castmateActor Danny Masterson was sentenced to 30 years in prison after being convicted of two counts of rape in May.
Read more »
The 2023 farm bill: Supporting new frontiers of agricultureOver a century and a half ago, pioneers from every background streamed westward in search of a better life. It’s the American story: We dream big and we follow those dreams wherever they take us. For many pioneers, that place was my home state of Nebraska.
Read more »