...STRATEGY PAPER: Mobile Application Development Mobile Application Development Strategy Document No: Strategic Initiative: Coverage: Classification: RTC 01 Version : 1.0 Increasing customer loyalty base and enhancing customer reach through Mobile application Retail SBU Strategic Date Last 17.11.2014 Changed: Strategic High Value: Time Frame: Priority: Long Term High 1.0.Corporate/Business Vision: We are the most admired global energy company leveraging talent and technology. We are the first choice of customers, always We exploit profitable growth opportunities outside energy 2.0.Description of Strategic Initiative: Consumers are spending more time on their apps than ever before. Over the past half-decade, the proliferation of mobile devices has transformed us into an app-driven society, presenting marketers with new opportunities to connect with consumers by creating more interesting and sophisticated apps to command their attention. Mobility offers tremendous opportunities for every business unit in the enterprise. From optimizing processes to real-time collaboration, improved customer experiences to increased revenues, the benefits are big—but so are the challenges. Cisco recently published statistics that demonstrate how user demand is driving every enterprise down the mobile route whether they like it or not. Version 1.0 Page 1 STRATEGY PAPER: Mobile Application Development This explosive growth is driving...
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...widely known as one of the major gasoline retailer agents, its forays into the retail food system cannot go unnoticed. The company has established major outlets throughout the United States providing competition to the traditionally established retail outlets. A major point of departure is the kind of food offered by this retail store. Selling of freshly cooked food is rarely done in the United States especially among the many stops- over retail centers. Apart from the sale of food and gasoline, the company has invested a lot in branding and quality customer service. This has increased the customer base of the enterprise. The latest entry being in North Carolina. The retail food outlets use the established brand to attract more consumers. The retail outlets face stiff competition from major supermarkets and established food outlets. However, the strategy in place sees off the competition. Instead of developing many retail units across the country, Quick Trip resorted to establishing retail outlets in densely populated areas across major roads visited by numerous travelers. The outlets were established in major towns and cities providing a huge customer base. Moreover, the prices of the products in the outlets are lower compared to other stores making it a suitable outlet for buying goods. These are just some of the main reason most people prefer Quick Trip as compared to the other major retail stores Service Concept. Quick Trip has invested a lot of capital on service delivery...
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...project * Executive summary of capital budgeting * Industry research and brief analysis of capital budgeting Evonne & Cheryl: * Excel spreadsheet * Capital budgeting decision & techniques applied * Recommendations to management Sapnaa & Si Ying: * Present Value * Time Value of Money for assigned company * Report compilation Executive Summary Capital budgeting is the process in which a business determines whether projects such as building a new plant or investing in a long-term venture are worth pursuing. From our industry research it can be seen that the main potential challenges Punggol Waterway’s food and retail outlets will face would be competition from other Singapore tourist attractions, competition from upcoming retail and food outlets development in Singapore, tourism industry trends, Inflation, slowing economic growth and decreasing wages. By coming up with cash flow statements the net present value, internal rate of return and payback period can be calculated. The net present value was calculated to be $1,534,247.96 and since it is more than zero, it is recommended that the project should be undertaken. Also the Internal Rate of Return was 8.41%. Since the IRR, it is higher than the required rate of return of 8%, the project should be undertaken. The payback period was made out to be 4.29 years. The time value of money for the investment in the present was also calculated for the 3 3 different offers available...
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...widely known as one of the major gasoline retailer agents, its forays into the retail food system cannot go unnoticed. The company has established major outlets throughout the United States providing competition to the traditionally established retail outlets. A major point of departure is the kind of food offered by this retail store. Selling of freshly cooked food is rarely done in the United States especially among the many stops- over retail centers. Apart from the sale of food and gasoline, the company has invested a lot in branding and quality customer service. This has increased the customer base of the enterprise. The latest entry being in North Carolina. The retail food outlets use the established brand to attract more consumers. The retail outlets face stiff competition from major supermarkets and established food outlets. However, the strategy in place sees off the competition. Instead of developing many retail units across the country, Quick Trip resorted to establishing retail outlets in densely populated areas across major roads visited by numerous travelers. The outlets were established in major towns and cities providing a huge customer base. Moreover, the prices of the products in the outlets are lower compared to other stores making it a suitable outlet for buying goods. These are just some of the main reason most people prefer Quick Trip as compared to the other major retail stores Service Concept. Quick Trip has invested a lot of capital on service delivery...
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...widely known as one of the major gasoline retailer agents, its forays into the retail food system cannot go unnoticed. The company has established major outlets throughout the United States providing competition to the traditionally established retail outlets. A major point of departure is the kind of food offered by this retail store. Selling of freshly cooked food is rarely done in the United States especially among the many stops- over retail centers. Apart from the sale of food and gasoline, the company has invested a lot in branding and quality customer service. This has increased the customer base of the enterprise. The latest entry being in North Carolina. The retail food outlets use the established brand to attract more consumers. The retail outlets face stiff competition from major supermarkets and established food outlets. However, the strategy in place sees off the competition. Instead of developing many retail units across the country, Quick Trip resorted to establishing retail outlets in densely populated areas across major roads visited by numerous travelers. The outlets were established in major towns and cities providing a huge customer base. Moreover, the prices of the products in the outlets are lower compared to other stores making it a suitable outlet for buying goods. These are just some of the main reason most people prefer Quick Trip as compared to the other major retail stores Service Concept. Quick Trip has invested a lot of capital on service delivery...
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...Curry Puff and later diverse into as many as 30 products which could be found in its network of outlets distributed around Singapore, Malaysia and Republic of China. Company History The Beginning of Old Chang Kee dated back to 1956 which kick off in a small stall inside a coffee shop located outside the former Rex Cinema along McKenzie Road. Crowd of people were attracted to the delicious pastry stuffed full of curried potatoes, chicken, and a slice of egg and fried with several herbs and spices, which is called Curry Puff. Every individual Curry Puffs were meticulously handmade to ensure the aroma was locked within the Curry puff. In 1986, Han Keen Juan take over the small snack shop upon facing winding up and carry the vision to turn the snack shop into a successful enterprise. SWOT Analysis Strength Strategic location The company owns more than 80 outlets around Singapore, Malaysia and Republic of China, of which 70 outlets are based in Singapore. The company market its range of food products from kiosks along the road to supermarket outlets and shopping malls at every corner of Singapore, thus allowing consumers to gain easy access to its outlets. Price and Variety of Food products All products of Old Chang Kee were priced between $1 to $2. The affordable price range would even allow children as young as seven to be able to afford to purchase food products from the retail outlet. Keeping the price affordable would also welcome consumers who were still not full after their meal...
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...Aditya Birla group, and Bharti group too are at some stage of retail development. Reliance, announced that it will invest $3.4 billion to become the country's largest modern retailer by establishing a chain of 1,575 stores by March 2007. The last couple of years have been rosy for real estate developers and the retailers are finding suitable retail space in prominent locations. The industry is buoyant about growth and the early starters are in expansion mood. There is increased sophistication in the shopping pattern of consumers, which has resulted in big retail chains coming up in most metros; mini metros and towns being the next target. Consumer taste and preferences are changing leading to radical alteration in lifestyles and spending patterns which in turn is giving rise to new business opportunities. Companies need to be dynamic and proactive while responding to the ever-changing trends in consumer lifestyle and behavior. Retailing consists of the sale of goods or merchandise from a fixed location, such as a department store, or by post, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce, a "retailer" buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells smaller quantities to the end-user. Retail establishments are often called shops or...
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...Jaydeep Mukherjee Management Development Institute Gurga… 26 PUBLICATIONS 7 CITATIONS SEE PROFILE Available from: Jaydeep Mukherjee Retrieved on: 08 March 2016 Vision: The Journal of Business Perspective http://vis.sagepub.com/ Distributor Sales Force Performance Management Jaydeep Mukherjee and Anirban Basu Vision: The Journal of Business Perspective 2010 14: 309 DOI: 10.1177/097226291001400407 The online version of this article can be found at: http://vis.sagepub.com/content/14/4/309 Published by: http://www.sagepublications.com On behalf of: Management Development Institute Additional services and information for Vision: The Journal of Business Perspective can be found at: Email Alerts: http://vis.sagepub.com/cgi/alerts Subscriptions: http://vis.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav >> Version of Record - Oct 1, 2010 What is This? Downloaded from vis.sagepub.com by guest on October 31, 2013 MANAGEMENT CASE DISTRIBUTOR SALES FORCE PERFORMANCE MANAGEMENT Jaydeep Mukherjee & Anirban Basu Nestle India had initiated an aggressive market growth strategy which was difficult to implement because of the increasing turnover ofthe distributors' salesmen. The challenge was likely to get aggravated in future because ofincreasing employment optionsfor the salesmen as well as increasing competition for retail shelf space. The salesmen...
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...“Study on the Penetration of „Amul kool milk‟ beverages product in the retail outlets of Cochin as well as the factors that Influence the Stocking Decision of these products” SUMMER PROJECT Submitted to RAJAGIRI SCHOOL OF MANAGEMENT In partial fulfillment of the requirement of the award of the MASTERS DEGREE IN BUSINESS ADMINISTRATION (2007-2009) By RAHUL RAJ Register No. 5355 RAJAGIRI SCHOOL OF MANAGEMENT RAJAIRI COLLEGE OF SOCIAL SCIENCES RAJAGIRI VALLEY PO KOCHI - 682039 DECLARATION I hereby declare that the report titled “A Study of the Retail Penetration of Amul products in Cochin” is a bonafide record of the summer project done by me for Amul INDIA LTD, Cochin during the period April-May 2008 as part of my MBA program at Rajagiri School of Management, Kochi. This study has been undertaken in partial fulfillment of the requirement for the award of Master of Business Administration by Mahatma Gandhi University, Kerala I also declare that this report has not been submitted in full or part thereof, to any university or institutions for the award of any degree or diploma. Place: Kochi Date: 09/06/2008 RAHUL RAJ Rajagiri School of Management 2 ACKNOWLEDGEMENT My gratification and elation on the success of this project would be incomplete without mentioning the names of all the people who helped me with it and without whose guidance and encouragement this wouldn‟t have been successful. Above all I thank My Family for his grace and blessings...
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...a fast-food chain. The company is majority owned by its parent company CT Holdings PLC (CTHR), itself one of the largest traded conglomerates on the CSE. We expect the typical signs of consumption growth, such as rising GDP and private consumption expenditure, to support CARG’s revenue growth, at an 11.3% CAGR over FY14E-FY16E. We also forecast CARG’s EBIT margin to expand to 4.3% in FY16E from 4.1% in FY13. Margin development across all segments is likely to be tempered by persisting high operating costs, particularly electricity and fuel expenses, as well as currently underwhelming results from the brewery and biscuits businesses. CARG’s debt and gearing levels in the past three years have risen due to a string of acquisitions and investments to expand capacity of several product lines. Our SOTP and P/E analyses yield a valuation range of LKR110-149, compared with the share price of LKR149 as of 18 December 2013. We forecast revenue to post an 11.3% CAGR over FY14E-FY16E as consumption levels are set to improve. CARG’s revenue is likely to be driven by its retail segment, which we forecast to also grow at an 11.2% CAGR to FY16E, spurred by improving macroeconomic indicators, such as increasing GDP per capita and consumption expenditure. We also expect CARG’s supermarket count to grow 38% to 292 stores in FY16E from 211 as at the end of FY13, compared with an almost 50% increase over FY10-FY13. The aforementioned factors should also support the growth of the FMCG segment, at...
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...1. Title of the paper “Impact of Multi Brand Foreign Direct Investment in Retail Sector in India (Before the approval)” 2. Author Name – Prof. Nikhil Polke 3. Theme – Retail 4. Institute Name & Address Tirpude Institute of Management Education 1, Balasaheb Tirpude Marg, Civil Lines, Sadar, NAGPUR – 440 001 5. Email – n.polke@tirpude.edu.in 6. Contact number - +91 99233 80707 Abstract India has been placed at first position in the category of countries with the best opportunity for investment in the Retail Sector by a survey of A.T. Kearney’s 2005 on Global Retail Development. The increasing disposable incomes among the Indian middle class and increasing young population have been cited as the main reasons for such attractive optimism. This positive opinion of the experts has also encouraged the intense lobbying by certain sections for opening Foreign Direct Investment in this sector. Foreign investors are also very enthusiastic to invest in India’s Retail Sector. At present India does not allow FDI in multi-brand retail but permits upto 51 percent in single brand retail and 100 percent in cash and carry wholesale trading. There is a ban on FDI in big multi-brand retail stores but there is no restriction on companies accessing the foreign equity market through the American and Global Depository Receipts. The Government of India opened up FDI in ‘Single Brand Retailing’ in the year 2006. This was done with a primary motive of giving a boost...
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...What is Retail sector? In 2004, The High Court of Delhi defined the term ‘retail’ as a sale for final consumption in contrast to a sale for further sale or processing (i.e. wholesale). The Retail Industry is the sector of economy which is consisted of individuals, stores, commercial complexes, agencies, companies, and organizations, etc., involved in the business of selling or merchandizing diverse finished products or goods to the end-user consumers directly and indirectly. A retailer is involved in the act of selling goods to the individual consumer at a margin of profit. Thus, retailing can be said to be the interface between the producer and the individual consumer buying for personal consumption. According to the Investment Commission of India, the retail sector is expected to grow almost three times its current levels of $250 billion to $660 billion by 2015. The Indian Retail Industry is the 5th largest retail destination and the second most attractive market for investment in the globe after Vietnam as reported by AT Kearney‘s seventh annual Globe Retail Development Index (GRDI), in 2008 Retail sector contributes to maximum percentage of employment after agriculture. In spite of the recent developments retail sector is assumed to possess huge growth potential. The retail industry is mainly divided into:- 1) Organised and 2) Unorganised Retailing Organised retailing- refers to trading activities undertaken by licensed retailers, that is, those who are registered...
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...INDIAN RETAIL INDUSTRY MANAGEMENT AND ITS EFFECTS ON THE ECONOMY SUBJECT: MANAGEMENT 360 RAHUL S MADAVA RAO NAVNEET SINGH RAWAT UDAI SAI NALAM MOUNIKA APARNA GUPTA - 131407 131431 131332 INDIAN RETAIL INDUSTRY MANAGEMENT AND ITS EFFECTS ON THE ECONOMY Contents INTRODUCTION ............................................................................................................................................. 2 Study plan ................................................................................................................................................. 2 Study objective.......................................................................................................................................... 2 LITERATURE REVIEW ..................................................................................................................................... 3 RETAIL INDUSTRY – INDIAN SCENARIO ......................................................................................................... 4 Segmentation ............................................................................................................................................ 4 IMPORTANCE OF MANAGEMENT IN RETAIL INDUSTRY ............................................................................... 6 Place .......................................................................................................................................................... 6 Supply chain...
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...on the Channel Structure of Madura Fashion & Lifestyle 8 New Product Development 10 Market Overview 13 Product positioning: 13 Product pricing 13 Competitor Channel Strategy 13 Process followed 15 Issues in Channel Strategy 16 Issue: Selecting Channel Members 16 Issue: Fostering Channel Member acceptance of the new products 16 Issue: Stocking and Visual merchandising 17 Issue: Maintaining Product Differentiation 17 Recommendations: 17 Issue: Product Positioning: 17 Issue: Product line expansion 17 Issue: Sales Organization and Sales Culture: 18 Sales Culture: 18 Personal Selling Process: 19 Recruitment, Selection and Training of Sales Personnel 21 Step 1: Manpower Planning 21 Step 2: Sourcing activity 21 Internal Sourcing 21 External Sourcing 21 Step 3: Approval 22 Training and Development :- 22 Probation Appraisal Forms: 22 Territory and Quota Management 23 Evaluation of Sales Personnel 24 Challenges faced in implementing recommendations: 26 What can be done to address these challenges? 26 References 27 Madura Garments Background Madura Garments, a division of Aditya Birla Nuvo is India's leading apparel retail company. It consists of the brands: Louis Philippe, Van Heusen, Allen Solly and Peter England. Apart from these it has a distribution agreement with the international brand Esprit for which it has opened exclusive brand outlets. Louis Philippe: Louis Philippe was the first genuinely international garment...
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...ESSAY on FDI in Retail Sector What is Retail sector? In 2004, The High Court of Delhi defined the term ‘retail’ as a sale for final consumption in contrast to a sale for further sale or processing (i.e. wholesale). The Retail Industry is the sector of economy which is consisted of individuals, stores, commercial complexes, agencies, companies, and organizations, etc., involved in the business of selling or merchandizing diverse finished products or goods to the end-user consumers directly and indirectly. A retailer is involved in the act of selling goods to the individual consumer at a margin of profit. Thus, retailing can be said to be the interface between the producer and the individual consumerbuying for personal consumption. According to the Investment Commission of India, the retail sector is expected to grow almost three times its current levels of $250 billion to $660 billion by 2015. The Indian Retail Industry is the 5th largest retail destination and the second most attractive market for investment in the globe after Vietnam as reported by AT Kearney‘s seventh annual Globe Retail Development Index (GRDI), in 2008 Retail sector contributes to maximum percentage of employment after agriculture. In spite of the recent developments retail sector is assumed to possess huge growth potential. The retail industry is mainly divided 1)Organised 2)UnorganisedRetailing Organised retailing- refers to trading activities undertaken by licensed retailers, that is, those who are...
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