Professional Documents
Culture Documents
Internship Training Report
Internship Training Report
Submitted By:-
BINOD KUMAR BHARTI
Mr.Manjunatn(DM)
2008-2010
ACKNOWLEDGEMENT
I express my profound gratitude to the almighty my Parents & brother for
providing me support, inspiration and encouragement throughout this
study.
During for a period of 4th Jan 2010 to Feb 28th 2010. under the
guidance of
Prof. N.S.R.Murthy
I assure that this report has not formed a basis for the award of any
other Degree/Diploma by Punjab Technical University or any other
university.
BANGALORE:
DATE:
India has become synonymous with retail boom. After seeing the monopoly of Indian
retailers, the market is all set to welcome retailers from Gulf countries who are making
their way to invest in the country.
RETAIL SPACE:
Retailers in India are the most aggressive in Asia in expanding their businesses, thus
creating a huge demand for real estate. Their preferred means of expansion is to
increase the number of outlets in a city, and also expand to other regions, revealed the
Jones Lang LaSalle third annual Retailer Sentiment Survey-Asia.
FOOD RETAIL:
Food dominates the shopping basket in India. The US $6.1 billion Indian foods industry,
which forms 44 percent of the entire FMCG sales, is growing at 9 percent and has set
the growth agenda for modern trade formats. The prospect for growth of the branded
segment is huge, as nearly 60 percent of average Indian grocery basket still comprises
non-branded items. Of the 12 million retail outlets (which is the largest in the world),
over a 5 million sell food related products. Some of large players in this market are
Kishore Biyani’s Food Bazaar, Mukesh Ambani’s Reliance Fresh, Godrej Agrovet,
Aditya Birla Group’s More and the TATA Group (which acquired 70 percent stake in
Innovative foods from the Amalgam Group) among others.
The retail market for mobile phones-handset, accessories and airtime- is already an
over US $17.33 billion market growing at the year ended(and 600 million by 2011),
Many players have been chalking out aggressive plans:
Spice Group plans to invest US $123.8 million in the next 2 years in its telecom
retail venture.
HotSpot Retail Essar Group plans to invest US $278.56-334.24 million over the
next three years in its telecom retail venture.
Hypermarket Chains like Subhiksha have started exclusive stores for mobile
retail- Subhiksha Mobile and Big Bazaar with Mobile Bazaar.
KIDS RETAIL:
When it comes to Indian children, retailers are busy bonding- and branding.
Monalisa, the Versace of kids, is coming to Indian.
Global lifestyle brand Nautia is bringing Nautica Kids.
International brand Zapp tied up with Raymond to foray into kids’ appearel.
Disney launched exclusive chains which stock character-based stationery.
Pantaloon’s joint venture with Gini & Jony will set-up a retail chain to market
kids’ appearel.
Swiss kidswear brand Milou is collaborating with Tirupur-based Sreeja
Hosieries.
Turner International India Pvt Ltd, with Launch Cartoon Network Townsville
and Planet.
POGO- two theme parks designed around its channels- In the National Capital Region.
COMPANY PROFILE:
Pantaloon Retail (India) Limited, is India’s leading retailer that operates multiple retail
formats in both the value and lifestyle segment of the Indian consumer
market. Headquartered in Mumbai (Bombay), the company operates over 12 million
square feet of retail space, has over 1000 stores across 71 cities in India and employs
over 35,000 people.
The company’s leading formats include Pantaloons, a chain of fashion outlets, Big
Bazaar, a uniquely Indian hypermarket chain, Food Bazaar, a supermarket chain,
blends the look, touch and feel of Indian bazaars with aspects of modern retail like
choice, convenience and quality and Central, a chain of seamless destination malls.
Limited will continue to deliver more value to its customers, supply partners,
stakeholders and communities across the country and shape the growth of modern
retail in India.
A subsidiary company, Home Solutions Retail (India) Limited, operates Home Town, a
large-format home solutions store, Collection i, selling home furniture products and
eZone focussed on catering to the consumer electronics segment.
Future Group
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India’s
leading business houses with multiple businesses spanning across the consumption
space. While retail forms the core business activity of Future Group, group subsidiaries
are present in consumer finance, capital, insurance, leisure and entertainment, brand
development, retail real estate development, retail media and logistics.
Led by its flagship enterprise, Pantaloon Retail, the group operates over 12 million
square feet of retail space in 71 cities and towns and 65 rural locations across India.
Headquartered in Mumbai (Bombay), Pantaloon Retail employs around 30,000 people
and is listed on the Indian stock exchanges.
The company follows a multi-format retail strategy that captures almost the entire
consumption basket of Indian customers. In the lifestyle segment, the group operates
Pantaloons, a fashion retail chain and Central, a chain of seamless malls. In the value
segment, its marquee brand, Big Bazaar is a hypermarket format that combines the
look, touch and feel of Indian bazaars with the choice and convenience of modern retail.
The group’s flagship company, Pantaloon Retail was awarded the International
Retailer of the Year 2007, by the US-based National Retail Federation, the largest retail
trade association and the Emerging Market Retailer of the Year 2007 at the World
Retail Congress in Barcelona.
VISION
Our Vision is to emerge as the best and the most profitable retailer in INDIA.
MISSION
We share the vision and the belief that by improving our performance through
innovative spirit and dedication, we shall serve customers and stakeholders
satisfactorily. We shall be the trend setter in fashion and offer a fair deal to all
our customers. The company shall strive to be the INDIAN retailing
CONGLOMERATE, an efficient and low cost operator with a commitment to
QUALITY. Our positive attitude arising from our devotion, sincerity and united
determination shall be the driving force to make us globally COMPETITIVE.
Core-Ideology
1992 Initial public offer (IPO) was made in the month of May.
2006 Future capital Holdings, the company’s financial arm launches real estate
funds Kshitij and Horizon and private equity fund in division. Plans forays into
insurance and consumer credit.
Logistics
Exchange counter
Handling customer quarries and issues
Announcement
Gift Wrapping
Operation
Department Hygiene
Cleanliness
Parking
Cash till management
Profile Protection Management
SOP
Trolly Management
Damage and Shrinkage control
Merchandise
Visual Communications
Fragrance
Lighting
Colors
Music
Store Security:
Customer Theft
Employee Theft
Supplier Pilferage
Credit Management:
Almost all retailers have started to accept credit cards or credit purchases.
Tallying the signature of the card holder on the credit slip with that on
the credit card.
Seeking the approval from finance provider if the sale through credit card
is over a certain amount.
Sending all the credit card sale documents for immediate processing.
Color presentation
Price lining
Vertical merchandising
Tonnage merchandising
Frontal presentation
Size presentation
ORGANIZATION STRUCTURE
HIERARCHY
1. STORE MANAGER
This is the highest position in the store. He is the father and head of the family. He is the
decision maker for the store. The store manager is the responsible for both the top line
responsibility is sales and the bottom line responsibility is profit.
There are three ASM’s in the store. Each ASM looks after 1 to 2 department of the
store. The main function of the ASM is to assist the SM in his targets and help achieve
him the same.
3. DEPARTMENT MANAGER
This designation is present for both functional departments as well as the store
department. A definite sales target is set for each department and it is responsibility of
each DM to achieve the same. The DM’s of the functional department are responsibility
of the smooth operation of their respective departments.
As the name suggests, the main role of the ADM’s is to assist the DM’s in their work.
There are 8 ADM’s in the store.
5. TEAM LEADER
Sometimes department is divided into sections and there are different teams appointed
to look after these sections. Team leaders are the heads of such teams.
6. TEAM MEMBERS
These comprise of almost 80% of total staff. They are the actual customer facing
members and their key role is to provide best service to the customer. Pleasing
personality, good communication skills and overall product knowledge are the main
requirement for this post.
FUNCTIONAL DEPARTMENT
The store operations are divided into various operations which are carried out by the
respective functional departments.
1. Manpower recruitment.
2. Manpower Training and development.
3. Maintaining personal record of employees.
4. Deciding salaries and wages.
5. Employee welfare.
Manpower Recruitment:
Recruitment for the position of team members, team leaders and sometimes even
Assistant Department Managers is done at the store by HR head, Store Manager and
Assistant Store Manager. However for recruitment of higher posts like Department
Manager, the selection is done at zonal office.
The main idea behind this program is to develop knowledge, skill and attitude required
by an individual to perform adequately a given task.
Various training programs along with the written test at each of the training levels have
been designed. They are cashiering training, group philosophy, training on retail
business, values, sales trainee, policies, product knowledge etc
Employee Welfare
Every organization conducts welfare activities for its employees. The welfare activities
in Big Bazaar are unique by themselves:
2) LOGISTICS DEPARTMENT
The inventory levels of the store have to be maintained to avoid any stock outs. Logistics
department is mainly concerned with the stock management in the store. They maintain
supply flow of required stock. The focus of logistics department in on removing
inefficient in fulfilling customer demand in real time.
Ground Floor:-
Food Bazar
Fruits & Vegetables
Bakery Items
Crockery
Dal, Rice, Atta, Rave,
Oils, Masala items
Dry fruits
Ready meals
Breakfast cereals
Soft drinks
Cosmetics
Herbal
Confectionery
Non-Food Dept
Cash Counter
Announcement Dep.
Detergents, phenyl
Dish wash, tissue papers, scratch,
Soap, tooth paste, shampoo,
Deodorants, body spray.
Talcum powder.
Perfumes
Gift items
Car & Motor Cycle Covers
Bed sheet, towel, curtain,
Quilt, pillow
Bags, trolley bags
Saints & Perfumes
Home Decor
i)Soft Toys
ii)Hard Toys
Home Line
Footwear Bazar
Shooes, slippers
Clothes Dept
1 .Ladies sarees
2. Girls Dress Materials
3. Kids Wear
Ladies Accessories
Mens Formals & Casuals Wears
Mens Accessories
Belts
Fabrics
Jewelery
Baby cares
Diapers
2008
Big Bazaar, the value format of Future Group bagged the Best
Retailer Of The Year(Hypermarket).
2006
Asiamoney Awards
Best Managed Company in India (Mid-cap) – Pantaloon
retail (India) Ltd.
DAKS London
2004
2003
SWOT ANALYSIS
STRENGTHS
WEAKNESSES
OPPORTUNITY
THREATS
FINDINGS
CONCLUSION
This study has basically helped to know the service quality and customer gap between
exception and perception and what influence people to shop at big bazaar. Most of the
customers are influenced by the offers in Big Bazaar have great offers for there
customers that acts as the motivating factor which brings the customers to Big Bazaar.
Customers shop more in the food bazaar and the men’s wear department in Big Bazaar.
Customers feel that Big Bazaar has variety of products available in various
departments.
Customers feel that shopping with big bazaar is convenient and saves their valuable
time. This is due to the proper facility that is available in Big Bazaar.
The display of products (Kiosk) in Big Bazaar is very good and the customers feel that it
is very easy for them to find any product in the store. The ambience is also very good
but however it needs to be improved still for better customer satisfaction. Most of the
customers are not aware of the Home-Delivery provided by the Big Bazaar. I believe
that Big Bazaar has the potential to satisfy its customers and retain them. And it has its
brand name to reckon with in the market.
The customers are very much satisfied with the retail outlets as these outlets maintain
and provide good quality, service, price, ambience, display of the products
infrastructure. The customers are greeted and respected very well by the employees of
the outlets as today’s business is driven by consumers and the customer is called as the
king in the market.
Objectives
COMPETITORS INFORMATION
1. Spencer
2. LifeStyle
3. Gopalan Mall
4. Star Bazaar
5. More
6. Reliance Fresh
7. Vishal Megamart
INTERNATIONAL INSTITUTE OF BUSINESS STUDIES