Jain Ka Project
Jain Ka Project
Jain Ka Project
PROJECT REPORT
ON
SUBMITTED BY:
TANISHQ JAIN
SESSION: 2023
BADERIA GLOBAL INSTITUTE
OF
ENGINEERING AND MANAGEMENT, JABALPUR
BADERIA GLOBAL INSTITUTE
OF
ENGINEERING AND MANAGEMENT
CERTIFICATE OF HOD
This is to certify that the project report titled “ RETAIL AND SALES
MANAGEMENT”
Submitted by Tanishq Jain (Student’s Name) of MBA III semester
may be accepted towards partial fulfillment of Masters of Business
Administration with specialization in Marketing
(Finance/HR/Marketing/IT).
CERTIFICATE OF GUIDE
This is to certify that the project report titled “ RETAIL AND SALES
MANAGEMENT”
Submitted by Tanishq Jain (Roll No 22133887 Enrollment No
R22027P7190021 of MBA III semester) in partial fulfillment of the
requirement of the degree of Masters of Business Administration of
RDVV has worked under my supervision and guidance. The
candidate is regular student of our institution.
Date:12/01/2024
Amit Joy Pershadi
BGIEM, JABALPUR
BADERIA GLOBAL INSTITUTE
OF
ENGINEERING AND MANAGEMENT
STUDENT DECLARATION
I TANISHQ JAIN declare that the project report entitled “The study
on RETAIL AND SALES MANAGEMENT submitted in partial fulfillment of
the requirement for the degree of Master of Business Administration
to Rani Durgavati Vishwavidyalaya, Jabalpur.
This is my original work and that no part of this report has been
submitted for the award of any other Degree, Diploma, Fellowship or
other similar titles or prizes and that the work has not been published
in any journals or magazines.
Tanishq Jain
22133887
Signature
INDEX
EXECUTIVE SUMMARY
Jabalpur cement pipe is one of the highly reputed company in Jabalpur. And in
near by cities and state. its many offices are there in many cities of Madhya
Pradesh. Its famous for his quality of work in cement articles the company has a
vast experience in in field of cement articles as the company was stablish in
90s . The product of the company includes Rcc Hume pipe, fencing pole, fly ash
bricks, precast boundary walls, paver blocks, kilometer stone and etc.
The main object of doing this project is to find out the retail and sales strategies
of Jabalpur cement pipe mfg.co. my whole work was revolving around the
same. Using different types of sales and marketing strategies to give myself for
the best of the organization. i have noticed that company was not taking the
feedback from the customer as the company offers the product as that the
product can be used till 50 years. So i introduced to take feedback so that we
can improve the quality as well as are after service response. The company send
many of his workers to other cities to take order from the contractor. This was
the first step I have taken as soon I reach there. I thanks the management for
giving me the opportunity to work under this wonder full organization and
giving me vast amount of knowledge and experience which will be very
beneficial for me in my future.
OBJECTIVE OF THE STUDY
Slow Moving Consumer Goods (SMCG) is not one of the largest and fastest
growing sector in the economy of india. SLOW Moving Consumer Goods are
defined as high involvement products which are generally not used everyday
goods. Products like big machines, furniture etc. fall under this category.
They are the Leading Manufacturer of RCC Hume Pipe, RCC Poles, RCC
Hume Pipes (ISI Marked) and RCC Half Round Pipes from Jabalpur.
RCC Hume Pipe: - Reinforced concrete cement (RCC) Spun / Hume Pipes are
generally used for water drainage, sewerage, culverts and irrigation. Hume Pipe
is also known as Spun Pipe as it is manufactured while spinning the cage at the
time of pouring concrete. There are three class of pipe that is NP2,NP3,NP4.
Size: 150mm dia to 2000mm dia.
Well-suited for commercial buildings and agricultural lands to confine the areas.
And are generally used to cover the land so that no outsider and animals can
breach into your land. Fencing poles are concrete cement poles that are used to
build up a fence or perimeter to avoid trespassing.
Fly ash brick is a building material, specifically masonry units, containing class
C or class F fly ash and water. Compressed at 28 MPa and cured for 24 hours in
a 66 °C steam bath, then toughened with an air entrainment agent, the bricks can
last for more than 100 freeze-thaw cycles.
PRECAST BOUNDRY WALLS:
Precast concrete simply means concrete cast into a reusable mold or “form,”
which is then cured in a controlled environment, transported to the install-site
and lifted into place. Our precast wall panels make a beautiful addition to any
plan.
PAVER BLOCKS:
That indicates the distance from the point you see the stone to the place which is
written on stone. The stone is made up of concrete and it is highly durable.
Jabalpur cement pipe mfg.co (JCPM) looks forward to enhance its capability in
a competitive and globalizing environment delivering superior and sustainable
value. It shall be a professionally manage consumer delight and enhancing value
of its own. JCPM is determined to be an innovation entrepreneurial and
empowered team constantly creating value and attaining international
benchmarks which fosters a culture of caring, daring, trust and continuous
learning while meeting expectation of employees, and society at large.
Vision:
Values of company.
Industrial Development:
JCPM believes that as a business it has to actively contribute to
The industrial development of the country to create sustainable economic value.
JCPM is constantly trying to embark on projected that would have positive
impact on the fundamental fabric of the
country.
Progress:
JCPM’s origin stern from the belief that every individual has a deep desire to
progress. JCPM put sits effort to make that progress happen for their employees,
consumers, suppliers, society and nation at large.
COMPETITION ANALYSIS:
In the training process the main objective of the task were as follows:
To enhance the customer service by taking care of each and every customer.
To get familiar with the products and the schemes offered by the organization.
To know about the visual merchandising of the store and how to perform it.
How to get the work done from the Customer Relation Executives and keep a
track of their daily records.
VISUAL MERCHANDISING
The activity and profession of developing the firm plans and three-dimensional
displays in order to maximize sales. Both goods and services can be displayed
to highlights their features and benefits. The purpose of such visual
merchandising is to attract, engage, and motivate the customer towards making
a purchase.
JCPM does not have proper inventory management, due to which many times
stock are not placed in adequate numbers.
.JCPM does not have its own cafeteria for employees working there.
JCPM does not have good maintenance cycle as result one or the other
machine is out of service .
METHODS ADOPTED TO SOLVE THE PROBLEMS
I prepared a MS excel sheet for my daily updates. I started task with a plan and
at end of daily basis I tried to mark did i completed the task or something left.
Such planned study helped me a lot as days were allotted according to task.
Every day I started with ―do‘s & don‘ts‖ and at end of the I checked the status
of my report card. Starting days were little puzzled as atmosphere was new
for me but support from company executives and my help of my training
mentor made everything easy for me.
Product management:
Brand management:
Sales and sales promotion gives a positive result. Showing the higher sales
report makes brand value in customer. And customers are also gives attention on
those types of retailer.
Services marketing:
PRODUCT:
JCPM makes cement articles like rcc hume pipe, fly ash bricks, fencing pole
etc.
Product life cycle is more than 50 years.
It is a differentiated product from other as it is iso qualified which is a highly
tested product.
Price:
JCPM offer Rcc hume pipe at a competitive price of 12500 rupees of np3 1200
mm size. Price elasticity of demand, when it comes to purchase decision is less
than 1 as product is prized according to market leader.
JCPM generally has its distribution network throw govt network like Nagar
Nigam , railways , airport, forest department, and Jal Vikas Nigam etc.
Some of private Construction firm are:
L&T
RELIANCE
DILIP BUILDCON LTD. etc
SWOT ANALYSIS OF JCPM
SWOT analysis of JCPM the brand by its strength, weakness, opportunity and
threats. In JCPM SWOT analysis, the strengths and weaknesses are the internal
factors whereas opportunities and threats are the external factors. SWOT
Analysis is a proven management framework which enables a brand like JCPM
to benchmark its business & performance as compared to the competitors.
JCPM is one of the leading brands in the cement articles sector. The table below
lists the JCPM SWOT (Strengths, Weaknesses, Opportunities, Threats)
OPPORTUNITY
Following are the opportunities in JCPM SWOT analysis
Increase its reach in India .
Expand the cement pipe business to iron pipes as well .
Increasing the no of offices in cities as well as in states.
Aggressively advertise and promote the brand.
Arranging the expert team from outside .
Giving training to the new ones and then make them as a
permanent employees.
THREATS
The Threats in the SWOT analysis of JCPM are as
mentioned:
In future the cement pipe could replaced.
Now days fly ash bricks can also be produced by plastic .
Increased competition from other brands and local players.
SUGGESTED SCHEME OF IMPLEMENTATION,
PRECAUTIONS AND MONITORING SYSTEMS
These suggestions can be very well implemented by taking care of the following
measures:
Company policies and procedures
Product specific
Customers likings and preferences
Procurement of stock and inventory guidelines
These can be measured by looking on the daily sales and monthly sales of the
store as well as analysis the change in sales of various products on which the
discounts are provided.
Any information, which have been accumulated before for some other object,
are optional information in the possession of researcher. That information
gathered direct, either by the specialist or by another person, particularly with
the end goal of the examination is known as essential information. The
information gathered for this undertaking has been taken from the secondary
data. sources of secondary uu’data: -
Internet
Magazines
Publications
Newspapers
Broachers
Internet
Brochure
Magazine
LIMITATIONS OF THE PROJECT
Time limitation.
Training has been done in JABALPUR city only.
Training based on secondary data majorly.
Retail sector has lots of scope in its operations because as the needs and
demands of the consumer are changing with time thus there are many
unexplored areas in which the research and non research has to be
conducted as to gain new insights about the consumer. It will help the
organisation to have better understanding of their target market thus
increasing their overall sales and building a brand image in the market.
RESEARCH METHODOLOGY
1. RESEARCH DESIGN
Both the Primary and Secondary data collection method were used in the
project. First time collected data are referred to as primary data. In this research
the primary data was collected by means of a Structured Questionnaire.
The questionnaire consisted of a number of questions in printed form. It had
both openend closed end questions in it. Data which has already gone through
the process of analysis or were used by someone else earlier is referred to
secondary data. This type of data was collected from the books, journals,
company records etc.
2.4TOOLS USED FOR ANALYSIS Percentage analysis. Graph Percentage
analysis: One of the simplest methods of analysis is the percentage method. It is
one of the traditional statistical tools. Through the use of percentage, the data
are reduced in the standard form with the base equal to 100, which facilitates
comparison.
DATA ANALYSIS AND INTERPRETATION
QUESTIONS
1. Do you have any info about Rcc Hume pipes or Rcc
Balram septic tank.
Yes 35 70
No 10 20
Maybe 5 10
Interpretation
Interpretation:
According to the analysis, 42% respondents have availed the services from
Jabalpur cement pipe manufacturing company. and 30%. People know
someone who have availed the services. and rest 28%. People doesn’t know
that whether they have availed the services or not from BST.
3: Has your house have been fitted with a RCC septic tank. If
yes then from which company.
Options No.of respondents Percentage
JCPM 23 46%
Mahakaushal 5 10%
Oswal 1 1%
Don’t know 21 38%
total 50 100%
JCPM
Mahakaushal
Oswal
Don’t know
Interpretation:
Interpretation:
Total 50 100%
Interpretation:
75% people says that retail audit & research marketing have a
great role in providing services and product and 13.9% says
maybe and 8.3% says don’t have any idea.
6: How conveniently JCPM provide the product & services to
its customers.
Interpretation
According to the analysis, 24% people things that JCPM provides
it services very quickly in hours and 24% people think that JCPM
provided services in a Day and 8% people things it takes average
2 to 3 days and 10% people think that it depends upon the
preferences and situations 4% people thinks that JCPM service is
very late and 30% people says don’t know.
7: JCPM CO. follows half advance payment procedure before service and another half
after the service has been provided. What's your opinion regarding the payment policy.
Options No.of respondants Percentage
Highly satisfied 25 50%
Full payment in advance 7 14%
Full payment after completion 10 20%
Give 2-3 days credit to clients 8 16%
Total 50 100%
Interpretation:
According to the analysis, 50% people are highly satisfied by the JCPM
payment policies and 14% people says that the full payment in advance
policy is good and 20% people says that the payment should be taken after
the complete mission of the services and 16% people says that that the
JCPM should give the credit to the client of 2 to 3 days.
8: How was the Quality of our product & services .
Interpretation
According to the analysis, 36% people think that quality of the product and
services provided by JCPM is excellent and 30% people think that the quality is
good 4% people things that the quality is fair and 2% people things that the
quality is poor and the rest 28% people says that that they don’t know what kind
of quality and services are provided by the JCPM.
SUGGESTIONS
Be helping & communication in formal way regularty of
employees.
Assign them per day work so that there focus would on that
work only.
Improve after service.
Give the chance to the youth as many employees are old.
Regular maintenance of machine and parts.
Taking the regular look on amt of raw material consumed
everyday.
Give some incentives to workers.
The attitude of sales force must.
action.
findings
CONCLUSION
The past 4-5 years have seen increasing activity in retailing. And,
various business houses have already planned for few investments in
the coming 2-3 years. And though the retailers will have to face
increasingly demanding customers, and intensely competitive rivals,
more investments will keep flow in. And the share of organized sector
will grow rapidly. Retailing in India is surely poised for a take off and will
provide many opportunities both to existing players as well as new
entrants...The country is witnessing a period of boom in retail trade,
mainly on account of a gradual increase in the disposable incomes of the
middle and upper-middle class- households. More and more corporate
houses including large real estate companies are coming into the retail
business, directly or indirectly.
https://jabalpurcementpipe.com