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REPORT ON
INDUSTRIAL VISIT
TO
PARLE PRODUCT PVT. LTD.
KHOPOLI PLANT
CHAPTER 1.
CHAPTER 2.
1. INTRODUCTION TO ORGANISATION
2. HR MANAGER
3. ALL DEPARTMENT
4. PRODUCT QUALITY SERVICE
5. COMPANY PROFILE
6. PRODUCT PROFILE
CHAPTER 3.
1. PRODICTION PROCESS AND MARKETING MIX
CHAPTER 4.
1. GRAPHICAL REPRESENTATION
CHAPTER 5.
1. FINDING
2. SUGGETIONS
3. CONCLUSION
4. REFERRENCE
INTRODUCTION TO
INDUSTRIAL VISIT
Industrial visit was carried out at PARLE COMPANY PVT. Ltd. Khopoli on 23 th
February, 2017 especially for semester four student. The main objective
behind the visit was to make student aware about how various activities
related to marketing, financing and human resource are carried out in
company and give them feel of managers as soon as they start there
course.
I along with 40 students left for visit at 11 p.m. and took about Six an hour
to cover the distance. The company is located in KHOPOLI in Raigad
District.
Parle g pvt. ltd. has the below stated objectives are given below:
It is rightly said that See & know is better than read & learn. Students
have got real feel of companys working after this visit. They got a chance
to transfer their theoritical knowledge to practical implication. This will
even help students to understand subject matter clearly in future also.
Me along with student would like to extend our gratitude to company for
permission and supprot they gave to make our visit a success with
accomplishment of objective and our college principal mr. shrikant shevale
for arranging this visit for our student.
IMPORTANCE OF THE VISIT-
1. Industry visits bridge the gap between theoretical training
and practical learning in a real-life environment.
2. It helps student to gain first hand information regarding
functioning of the industry.
3. Provides an insight into the real working environment of the
industry.
4. Helps student to see their future place in the working
environment.
5. Helps to enhance their interpersonel skills and
communication.
6. Students become more aware of industry practices and
regulations during industry visits.
LIMITATIONS-
1. Reaching out to the right person in the company was a little
difficult task.
2. Absence of Senior Authority .
3. Lack of Time. Time was one of the main constrains.
4. Insufficient Knowledge .
5. Absence of proper guide.
6. To maintain confidentiality.
7. The company did not disclose certain financial data since
they were confidential which could have been useful for this
project.
RESEARCH METHODOLOGY-
Primary data
Secondary data
SECONDARY DATA
Secondary data is the data borrowed from secondary
sources by the researcher. Secondary data can be internal or
external i.e, internal records of the company or information
available from library and other statistical organization. Some
secondary data was collected from website
www.mouthshut.com . this site gave opinion from different
people.
Chapter-02
INTRODUCTION TO ORGANISATION
Parle Products Pvt Ltd based in Mumbai,has been India's
largest manufacturer of biscuits and confectionery, for
almost 80 years. Makers of the world's largest selling
biscuit, Parle-G, and a host of other very popular brands.
Its reach spans even to the remotest villages of India.
Many of the Parle products - biscuits or confectioneries,
are market leaders in their category and have won acclaim
at the Monde Selection, since 1971. With a 40% share of
the total biscuit market and a 15% share of the total
confectionery market in India, Parle has grown to become
a multi-million dollar company. Parle Agro is a food and
beverage company based in Mumbai. Parle-G or Parle
Glucose is a brand of biscuits manufactured by Parle
Products in India. Primarily eaten as a tea-time snack,
Parle-G is one of the oldest brand names in India. For
decades, the product was instantly recognized by its iconic
white and yellow wax paper wrapper with the depiction of
a young girl on the front.
COMPANY PROFILE-
Business type Manufacture / supplier
Phone NO. -
Fax No. -
Establishment year-
PRODUCT PROFILE-
1. PARLE-G
2. 20-20-
Rich in butter and tempting cashews
Baked to perfection to deliver the perfect experience of
taste and aroma, they melt in your mouth to give you a
cookie eating experience unlike one you have ever had
before enjoy a feast of crunchy, crispy scrumptious
cookies.
Pack Sizes available: 75 G, 110 G, 225 G
3. MONACO-
A light crispy biscuit sprinkled with salt, Monaco adds a
namkeen twist to lifes ordinary moments.
Pack Sizes available: 75 G, 120 G, 240 G
PRICE MIX-
The Parle marketing philosophy emphasizes catering to the
masses. It constantly endeavors at designing products that
provide nutrition & fun to the common man. Most Parle
offerings are in the low & mid-range price segments. This is
based on its cultivated understanding of the Indian consumer
psyche. The value-for-money positioning helps generate large
sales volumes for the products. Parle G has adopted the Market
Penetration strategy i.e. low price along with capturing of a
large market Also they focus on low prices and provide good
quality products at the same time, which means it uses the
value pricing method. This benefits Parle G by having a
competitive edge in terms of large market share which is
around 40%: both rural and urban presently. For setting the
price of Parle hide & seek biscuit, a survey was taken in the
urban &semi-urban markets; on the basis of which hide & seek
was introduced. It was found that the potential consumers were
ready to pay a premium price for an innovative product like
chocolate chip biscuits. Thus, Parle adopted market skimming
where the product is high priced and also of high quality. It
includes the cost of chocolates, packaging & other processing
cost. All these show customer status, which is also one of the
reasons for parle hide & seeks high price.
PLACE MIX-
The extensive distribution network, built over the years, is a
major strength for Parle Products. Parle biscuits & sweets are
available to consumers, even in the mostremote places and in
the smallest of villages with a population of just 500.
Channel levels:
Parle has nearly 1,500 wholesalers, catering to 4, 25,000 retail
outlets directly or indirectly. A two hundred strong dedicated
field force services these wholesalers &retailers. Additionally,
there are 31 depots and C&F agents supplying goods to
the wide distribution network. So it is seen that Parle has 1
level, 2 level & 3 level distribution channels levels.
Level 1
- availability to all departmental stores.
Level 2
Since its an FMCG product this channel exists for customers
scattered throughout the country.
Level 3
Mass consumption & suitable for national & international
coverage. For e.g. Parles international operations consist of
serving markets in the Middle East, Africa, South America, Sri
Lanka, Australia and North America for which the 3 level
distribution channel exists.
Channel dynamics:
Parle has a multi-channel marketing system since it uses more
than two marketing channels to reach all its customer
segments.
PROMOTION MIX-
The marketing mix tools used by Parle are Advertising, Sales promotion
and Public relations.
Advertising
Parle-G started being advertised in the 80's. It was advertised
mainly through press ads. The communication spoke about the
basic benefits of energy and nutrition. In1989 ParleG release its
Dadaji commercial (link for the ad:
http://www.youtube.com/watch?v=5D4PBN0OzuE), which went
on to become one of the most popular commercials for Parle-G.
The commercial was run for a period of 6 years. Parle-G grew
bigger by the minute. Be it the packs sold, the areas covered or
the number of consumers. It became a part of the daily lives of
many Indians. It wasn't a biscuit any more. It had become an
icon . The next level of communication associated the brand
with the positive values of life like honesty.
Heavy promotion plays a major role in creating brand
awareness. Such is the case of Parle hide & seek biscuits
television advertisements. The ads of parle hide and seek are
portraying actor Hrithik Roshan. This tells us that the product is
being promoted by celebrity endorsement to increase
awareness of this product and help capture the consumers
attention.
Sales Promotion
Parle uses theSales force promotion tool for all its employees.
Every year it holds day fairs at branded venues where games
and fun events are organised for the employees of Parle and
their families; where Parle products are giveaway prizes.
Public Relations
In the year 1997Parle-G sponsored the tele-serial of the Indian
superhero, Shaktimaan that went on to become a huge
success. The personality of the superhero matched the overall
superb benefits of the brand. Parle extended this association
with Shaktimaan and gave away a lot of merchandise of
Shaktimaan. The children just could not get enough of Parle-G
and Shaktimaan
In the year 2002, it was decided to bring the brand closer to the
child who is a major consumer. A national level promo - `Parle-
G Mera Sapna Sach Hoga'
Was run for a period of 6 months. The promo was all about
fulfilling the dreams of children. There were over 5 lakh
responses and of that, over 300 dreams were fulfilled. Dreams
that were fulfilled ranged from trips to Disneyland at Paris
&Singapore; meeting their favorite film star Hrithik Roshan; free
ride on a chartered plane scholarships worth Rs 50,000; a
special cricket coaching camp with the Australian cricketer -
Ricky Ponting; etc.
Market segmentation -
Geographic segmentation:
Parle-G is consumed by people staying in urban, semi urban
and rural areas. Hide & Seek however, being a premium
product having a high price is consumed only in urban and semi
urban areas
Demographic segmentation:
Age-Hide n Seek is mainly for youth and children. Parle-G is
however consumed by everyone.
Income-Hide n Seek being highly priced is consumed only by
high income group. Whereas Parle-G is consumed by all income
groups, but is mostly consumed by the lower and middle
income groups.
Behavioral segmentation:
Benefit sought-The benefit sought in Parle-G is mainly
replenishing energy and for Hide & Seek it is good taste.
GRAPH-
FINDINGS-
5) Less strength of students.
6) Proper guidance by the side of
company.
7) Sufficient time
8) Adequate administrative
preparation.
9) Allocation of mentors to small
groups.
CONCLUSION
The industrial visit gives a lot of information
about various aspects of production, marketing
as well as the operation of a company. The
dissemination of knowledge by the support
organization also gives a clear scope to the
transactional analysis of the company. After
conducting a survey of the company we found
that there is a bigger market for the biscuits and
confectionary in unorganized retail stores if
proper supply of goods without breakage is
there.
It is also concluded that Parle is the first
preference of the both customers as well as
retailers. Because of its brand image & price.
Brand Parle G dominates the volume dominated
market due to its brand equity and better production
strategy. As per the surveys parle is largest selling biscuits and
many other products also. It is best in its quality. It has reasonable
price and easily available in the market. All these qualities of parle
products makes it no.1 brand in the lines of biscuits, toffees and
candies.
BIBLIOGRAPHY
Websites:
Parle company website
http://www.parleproducts.com/about_parle/overview.php
Google
http://www.parleproducts.com/about_parle/overview.php
THANK YOU