Impact of COVID-19 on the performance and productivity of retail industry
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Added on 2023/06/14
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This poster discusses the impact of COVID-19 on the performance and productivity of retail industry, with a focus on Asda. It covers research aims, objectives, tools and techniques for evaluating projects, and a Gantt chart.
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Impact of COVID-19 on the performance and productivity of retail industry INTRODUCTION Covid-19hasadverselyimpactontheworkingprocess,operationsand performance of retail companies and dealing with such issues is vital in order to remain at marketplace. The report will cover summary of project proposal along with Gantt chart. In addition to this, there is a discussion about tools and techniques used for evaluating project in a proper manner. Research aim: “To analyse the impact of COVID-19 on the performance and productivity of retail industry”. A study on Asda Tools and techniques for evaluating projects Data collection: It is defined as the process which is used by researcher to collecteffectiveandvaluableinformationassociatedtothetopic.In addition to this, it help researcher to better understand the topic and develop valid conclusion. There are mainly two different forms of data collection that is primary and secondary sources. Primary data is also known as first- hand information which is directly collected from source. Research instrument:It is defined as the methods and tools which is applied by investigator to gathered data. The present study will be based on primary information and to gather it there are different sources that is survey, interview, focus group and so on. It is vital for investigator to ensure that appropriate method is used to collect and analyse data as it has direct impact on the overall results of study. Research Objectives: •To analyse the issues faced by Asda due to Covid-19. •TodeterminetheinfluenceofCOVID-19ontheperformanceand productivity of Asda. •To examine the strategies adopted by Asda to deal with the situation of COVID-19. Summarise information of project proposal It is summarised from the project one that COVID-19 has affected on the performance and productivity of organisation and arise various issues such as decline of performance level, ineffective execution of activities, lack of virtual retail executions and solutions, increase demand of multi-channel buying, supply chain disruption and so on. All these has affected on the performance and also decline the productivity of employees. It is important for companies such as Asda to develop and implement effective strategies for dealing with situation of Covid-19 that is shifting towards digital in an economic way, ensure health and safety of employees, providing training and development session, remote workforces and automation, ensure employee satisfaction and so on. Gantt chart It is defined as bar chart which illustrates the overall activities related to specific project against the time. Along with this, it includes the starting and ending time of each activity due to which research is implemented and completed in a timely manner. The Gantt chart of present study is given below: CONCLUSION From the above discussion, it has been concluded that COVID-19 has impact on their performance and activities of retail organisations and to dealwiththesecompaniesareshiftedtowardsdigitalandfocuson customer satisfaction as well. It is determined that it is significant for researcher to make use of appropriate tools, methods and techniques in order to evaluate project as it assist to draw valid and reliable conclusion. REFERENCES Books & Journal Dahri, N.A., Vighio, M.S. and Dahri, M.H., 2019, March. A survey on technologysupportedcollaborativelearningtoolsandtechniquesin teachereducation.In2019InternationalConferenceonInformation Science and Communication Technology (ICISCT)(pp. 1-9). IEEE. Jasti, N.V.K., Venkateswaran, V., Kota, S. and Sangwan, K.S., 2021. A literature review on total quality management (models, frameworks, and tools and techniques) in higher education.The TQM Journal.