Professional Documents
Culture Documents
Mondelz International
Mondelz International
MONDELEZ INTERNATIONAL
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REGISTRATION DETAILS
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Mondelēz International, Inc.
Type Public
ISIN US6092071058
United States
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Operating US$3.506 billion (2017)[1]
income
Website www.mondelezinternational.com
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FORM OF OWNERSHIP
Institutional Ownership
Institutions account for 77.01% of MDLZ’s outstanding shares, a significant
enough holding to move stock prices if they start buying and selling in large
quantities, especially when there are relatively small amounts of shares available
on the market to trade. Although MDLZ has a high institutional ownership, such
stock moves, in the short-term, are more commonly linked to a particular type of
active institutional investors – hedge funds. For MDLZ shareholders, the potential
of this type of share price volatility shouldn’t be as concerning as hedge fund
ownership is is not significant,indicating few chances of such sudden price moves.
While that hardly seems concerning, I will explore further into MDLZ’s ownership
type to find out how it can affect the company’s investment profile.
Insider Ownership
Insiders form a group of important ownership types as they manage the company’s
operations and decide the best use of capital. Insider ownership has been linked to
better alignment between management and shareholders. Although individuals in
MDLZ hold only a minor stake, given MDLZ is a large-cap company, it is
relatively meaningful. This is a good sign for shareholders as the company’s
executives and directors have their incentives directly linked to the company’s
performance. It would also be interesting to check what insiders have been doing
with their shareholding recently. Insider buying can be a positive indicator of
future performance, but a selling decision can be simply driven by personal
financial requirements. NasdaqGS:MDLZ Insider Trading July 27th 18
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Private Company Ownership
Another important group of owners for potential investors in MDLZ are private
companies that hold a stake of 0.0015% in MDLZ. These are companies that are
mainly invested due to their strategic interests or are incentivized by reaping
capital gains on investments their shareholdings. However, an ownership of this
size may be relatively insignificant, meaning that these shareholders may not have
the potential to influence MDLZ’s business strategy. Thus, investors not need
worry too much about the consequences of these holdings.
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MISSION, VISION AND GOALS
MISSION: All around the world, the lines between meals and snacks are
blurring. Snacking – those moments when you reach for a delicious bite in
between meals – is on the rise. But there is also a universal cultural tension…
people don't want to have to choose between snacking and eating right.
That’s why, at Mondelēz International, we empower people to snack right.
This is our Mission.
VISION: Every day, we are inspired to go the extra mile to lead the future of
snacking around the world. We do this by offering the right snack, for the
right moment, made the right way.
GOALS: Our broad range of delicious snacks are what you need, when you
need it. Every bite more satisfying knowing they are made with high-quality
ingredients, in a way that enables people and planet to thrive. From our
passionate makers and bakers around the globe to your snacking moment,
Mondelēz International knows how to empower people to snack right.
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PRODUCTS / SERVICES
Mondelez India Foods Private Limited has been in India for over 6 decades, having
started in 1948 as an importer of chocolates.
Our work ethic, values systems and quality standards make us an employer of
choice in India. Our large community extends into India's agricultural spaces.
Since 1965, Mondelez India Foods Limited has pioneered and enhanced the
development of cocoa cultivation in India. For over two decades, we have worked
with the Kerala Agricultural University to undertake cocoa research and improve
cocoa yields. Our cocoa team works with farmers to improve incomes through best
practices in all aspects of cocoa cultivation - from planting to harvesting. Our
efforts have touched the lives of thousands of farmers.
Headquartered in Mumbai, Mondelez India Foods Private Limited has sales offices
in New Delhi, Mumbai, Kolkata and Chennai and manufacturing facilities at Induri
(Pune), Malanpur (Gwalior), Baddi (Himachal Pradesh) and Sri City.
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CHAPTER 3- ORGANISING
ORGANISATIONAL STRUCTURE
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DECISION MAKING PROCESS
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ORGANISING: SPAN OF CONTROL
Is there an optimal number? What needs to be considered is the nature of the work
that subordinates are performing and how much attention each requires. For
example a Call Center, the span of control can be numbers over 100, while
executive functions – with high degrees of collaboration and interaction – could
productively tolerate no more than three or four. So the nature of the work being
performed, and how much attention it requires should govern the assignment of
personnel to a manager, and not some industry ideal goal
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LINE AND STAFF RELATIONSHIP
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AUTHORITY, DELEGATION, CENTRALIZATION,
DECENTRALIZATION
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CHAPTER 4- DIRECTING, MOTIVATION AND LEADERSHIP
Control system
In 2019, a control and monitoring system (Project Hector) was installed at the
manufacturing plant in the city of Opava. The system consists of WAGO PLCs
and the Reliance SCADA/HMI system.
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MOTIVATION PRACTICES
At Mondelez International, Inc., they provide many pension plans and other
welfare benefits. Countless companies in the United States, like Mondelez
International, Inc., sponsor group health benefits for their employees, through
which companies typically cover a large portion of their workers' health insurance
premiums. These contributions are tax deductible for businesses and tax-free for
employees. Mondelez International, Inc. offers health, dental, and vision coverage.
Mondelez International, Inc. also offers group life insurance, short-term disability
insurance for accidents or illness, death benefits, which cover certain causes of
death, and long-term disability insurance. To help ensure a reliable money source
later in life, countless employees depend on employer-funded retirement plans.
Mondelez International, Inc. provides defined benefit pension plans and defined
contribution pension plans. Companies with defined benefit retirement plans pay
retirees a fixed sum upon retirement. With a defined contribution pension plan,
companies help employees save and invest for retirement.
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LEADERSHIP TYPE
A description of the management style used at Cadbury There are three main
management styles that a business can have these are:
· Democratic
· Consultative
· Autocratic
· Laissez-faire
Cadbury’s management style is democratic. This is when all members of staff work
together as a team. The managers listen to the other employees ideas and
suggestions before they go ahead with decisions. If ideas are found to be achievable
and successful by the senior group, then it is taken forward. Then as a team they
reach a decision. The approach of this style is that they care and listen to everyone in
the teams view and what they think not just their own. This style can be used in both
large and small groups.
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CHAPTER 5- LEGAL AND REGULATORY COMPLIANCES FOR
MONDELEZ INTERNATIONAL
Trade Law
2. The Supplier is solely responsible for compliance with Trade Control Laws with
respect to anything it provides to MDLZ.
3. To the extent that MDLZ provides any information to the Supplier, the Supplier
shall not permit any of that information to be used, downloaded, exported, or re-
exported in violation of Trade Control Laws.
4. No provision of, or action required by the Supplier’s agreement with MDLZ will
apply to the extent that it is prohibited under, nor shall the Supplier take any action
that causes MDLZ to be in violation of, Part 760 of the U.S. Export Administration
Regulations or Section 999 of the Internal Revenue Code.
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5. Upon request, the Supplier shall provide to MDLZ the following information for
each item provided under its agreement with MDLZ if applicable:
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EXTENT OF COMPLIANCE & DIFFIULTIES ENCOUNTERED IN
COMPLIANCES
Our global compliance and integrity program helps guide our employees to
obey all applicable laws and regulations while conducting business around
the world. It also emphasizes how important it is for us to act with integrity
and make ethical decisions for our business, our shareholders, our employees
and our consumers, because their trust and confidence is critical to our
success.
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LEGAL ISSUE/COURT CASES IN THE PAST
NEW DELHI: It has been a long-running battle for snack maker Mondelez
International, Inc. The company, maker of button-shaped Gems candy-chocolate
and Dairy Milk chocolate bars, has been trying to convince the US and Indian
regulators for seven years that allegations of it having set up a phantom factory in
Himachal Pradesh and paid bribes to regularise it were just that — mere
allegations.
A team from the US Department of Justice (DOJ) may visit India in the next few
days to interview former and current employees of the company.
ET now learns that the investigations both in India and the US are nearing an end.
A team from the US Department of Justice (DOJ) may visit India in the next few
days to interview former and current employees of Mondelez India, formerly
Cadbury India, according to a source at the Central Bureau of Investigation (CBI)
which is assisting the US regulator.
In January this year, US markets regulator the Securities and Exchange
Commission (SEC) had charged Mondelez with poor internal controls and
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violation of the Foreign Corrupt Practices Act (FCPA) in India. Mondelez agreed
to pay $13 million (approximately Rs 90 crore) in civil penalties without admitting
or denying charges that its subsidiary Cadbury India (now Mondelez India Foods)
paid a consultant who was suspected to have bribed government officials and
possibly top state politicians to obtain licenses and approvals for a chocolate
factory in Baddi, Himachal Pradesh.
Apart from an anti-corruption unit of the CBI assisting DOJ, the Indian agency’s
local unit in Himachal Pradesh and India’s Central Vigilance Commission are also
conducting separate investigations under the Indian Prevention of Corruption Act
of 1988. An investigation by the excise department had found the company and
several of its officials guilty and imposed heavy fines on all of them. The company
is contesting the excise order at the Customs, Excise and Service Tax Appellate
Tribunal.
The case may also pit two of the most celebrated FCPA personalities against each
other — Daniel Kahn who joined the DOJ in 2010 and Mark Mendelsohn who left
the department in the same year for private practice. Kahn is known as one of the
most successful FCPA enforcers while Mendelsohn is considered the architect of
the DOJ’s FCPA enforcement programme. The DOJ’s investigation, headed by
Kahn, chief of FCPA unit, began in 2010 when a whistle blower who worked at
Mondelez (then Cadbury) alerted the department as well as the SEC. Kahn, a
rookie at the DOJ then, was the person the whistle blower first engaged with, the
whistle blower told ET.
A blog called The FCPA Blog which documents enforcement actions under the
eponymous law says Kahn was the lead prosecutor in 10 major cases, including
AlstomNSE 0.30 %. It said the engineering company paid $772 million in criminal
penalties — the biggest criminal fine ever levied for FCPA offences and the
second-biggest FCPA enforcement action overall.
In an emailed response to ET’s queries, Kahn said he was not authorised to
comment but a spokesperson for the DOJ would get back. Peter Carr in the office
of public affairs, DOJ, wrote to ET: “As a matter of policy, the department
generally neither confirms nor denies whether a matter is under investigation.”
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headquarters in Delhi on April 17. However, last week they were informed that
they need not come as the hearing may be held on a later date.
Those letters set off a flurry of activity within Mondelez in the US as well as India.
Mondelez has hired Mendelsohn, FCPA specialist and partner at the law firm Paul,
Weiss to handle the case. “DOJ stud Mark Mendelsohn headed to Paul Weiss’’ is
how the Wall Street Journal headlined his move in 2010 and described FCPA
litigation as “a sizzling hot practice area”.
His profile on the web site of Paul, Weiss says he is “internationally acknowledged
and respected as the architect and key enforcement official of DOJ’s modern
Foreign Corrupt Practices Act (FCPA) enforcement program”. Mendelsohn did not
respond to ET’s message left with his secretary. Mondelez was surprised by the
CBI letter and Mendelsohn personally spoke with those who had received it,
according to two people with direct knowledge of the matter.
The CBI source said DOJ officials may visit India soon and the employees would
be called then for interviews. The agency had sent a report to the DOJ last year
after the US regulator sent a letter rogatory in January 2016. A letter rogatory is a
formal communication from one country requesting another for help in
investigations in the latter’s jurisdiction.
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The US request and the ensuing CBI action had come close at the heels of an ET
story on December 8, 2015 which used evidence from Mondelez’s own
investigations, internal emails and documents etc to piece together how it may
have bribed government officials and possibly top politicians. It showed how
Mondelez’s top management in the US knew about the irregularities at least three
months before the SEC-DOJ began their probe.
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CHAPTER 6- FACILITY, LOCATION AND LAYOUT
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FACTOR INFLUENCING LAYOUT DECISION
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Technological Factors that Impact Mondelez International Inc
Technology can rapidly dismantle the price structure and competitive landscape of
an industry in a very short amount of time. It thus becomes extremely important to
constantly and consistently innovate, not only for the sake of maximizing possible
profits and becoming a market leader, but also to prevent obsolescence in the near
future. There are multiple instances of innovative products completely redesigning
the norm for an entire industry: Uber and Lyft dominate the taxi cab industry;
smartphones have left other phones an unviable option for most et cetera.
The technological factors that may influence Mondelez International Inc may
include the following:
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Environmental Factors that Impact Mondelez International Inc
Different industries hold different standards of environmental protection in their
head as the norm. This norm then dictates what every company should aim for, in
the least, to prevent becoming the target of pressure groups and boycotts due to a
lack of environmental conscientiousness. A company in the textile industry, for
example, is not expected to incur the same level of pollution and environmental
degradation as an oil company. The new consumer, armed with the interest and the
knowledge it carries, prefers to give its business to companies it views as more
ethical, particularly about the environment in the wake of global warming.
The environmental factors that may significantly impact Mondelez International
Inc include:
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Economic Factors that Impact Mondelez International Inc
Economic factors are all those that pertain to the economy of the country that
Mondelez International Inc, such as changes in the inflation rate, the foreign
exchange rate, the interest rate, the gross domestic product, and the current stage of
the economic cycle. These factors, and their resulting impact on aggregate demand,
aggregate investment and the business climate, in general, have the potential to
make a company highly profitable, or extremely likely to incur a loss. The
economic factors in the PESTEL analysis are macroeconomic.
The economic factors that Mondelez International Inc may be sensitive to, and in
turn should consider before investing may include the following:
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Political Factors that Impact Mondelez International Inc
The political factors that may impact the profitability or chances of survival of the
company are quite diverse. The political risks vary from sudden changes in
existing political regimes to civil unrest to major decisions taken by the
government. In cases of possible multinationals, one may also include political
factors that take place/ affect not only the host country but also all countries that
contain business operations, or that may engage in trade with Mondelez
International Inc
To properly appraise the extent of the overall systematic political risk that
Mondelez International Inc may be exposed to, the following factors should be
considered before taking part in any investments:
The level of political stability that the country has in recent years.
The integrity of the politicians and their likelihood to take part in acts of
corruption, as the resulting repercussions may lead to possible
impeachments or resignations of high level government employees.
The laws that the country enforces, especially with regards to business, such
as contract law, as they dictate what Mondelez International Inc is and is not
allowed to do. Some countries, for example, prohibit alcohol or have certain
conditions that must be fulfilled, while some government systems have
inefficient amounts of red tape that discourage business.
Whether or not a company’s intellectual property (IP) is protected. For
example, a country that has no policies for IP protection would mean that
entrepreneurs may find it too risky to invest in Mondelez International Inc
The trade barriers that the host country has would protect Mondelez
International Inc; however, trade barriers that countries with potential trade
partners would harm companies by preventing potential exports.
A high level of taxation would demotivate companies like Mondelez
International Inc from maximizing their profits.
The risk of military invasion by hostile countries may cause divestment from
ventures.
A low minimum wage would mean higher profits and, thus, higher chances
of survival for Mondelez International Inc
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CAPACITY PLANNING AND DECISION MAKING/SALES
FORECASTING METHODS
Mondelez International is operating in the global snack business and makes billion-
dollar brands such as Cadbury, Oreo and Milka Chocolate. Besides their nine
billion dollar brands, the company further owns 53 power brands, which each
generate revenue amounting to more than 100 million U.S. dollars. The company is
headquartered in Deerfield, Illinois and was launched on October 1st, 2012 due to
the spin-off of Kraft Foods' North American grocery business to shareholders. The
firm's name was chosen based on the employee’s input and consists of a
combination of terms for ‘world’ and ‘delicious’ in romantic languages. The firm’s
portfolio consists of biscuits, chocolate, beverages, gum and candy, and cheese and
groceries.
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Mondelez’ chocolate segment is represented by famous brands including Cadbury,
Toblerone and Milka. Milka is especially popular on the European markets, where
you would be hard pressed if someone wouldn’t recognize the leading chocolate
brand with its iconic white lettering against the bright purple background. The
brand logo also includes a lilac milk cow, which symbolizes its Alpine heritage.
Based on company information, Milka was registered as a trade mark on April 24,
1901. The term ‘Milka’ is a combination of milk (Milch) and cocoa (Kakao) in
German language.
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INVENTORY MANAGEMENT
Inventory turnover measures how fast the company turns over its inventory within
a year. It is calculated as Cost of Goods Sold divided by Total Inventories.
Mondelez International's Cost of Goods Sold for the three months ended in Sep.
2019 was $3,839 Mil. Mondelez International's Total Inventories for
the quarter that ended in Sep. 2019 was $2,737 Mil. Mondelez International's
inventory turnover for the quarter that ended in Sep. 2019 was 1.40.
Days Inventory indicates the number of days of goods in sales that a company has
in the inventory. Mondelez International's Days Inventory for the three months
ended in Sep. 2019 was 65.04.
Total Inventories can be measured by Days Sales of Inventory (DSI). Mondelez
International's days sales of inventory (DSI) for the three months ended in Sep.
2019 was 39.29.
Inventory-to-Revenue determines the ability of a company to manage their
inventory levels. It measures the percentage of Inventories the company currently
has on hand to support the current amount of Revenue. Mondelez
International's Inventory-to-Revenue for the quarter that ended in Sep.
2019 was 0.43.
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Mondelez International Inventory Turnover Calculation
Mondelez International's Inventory Turnover for the fiscal year that ended in Dec.
2018 is calculated as
* All numbers are in millions except for per share data and ratio. All numbers are
in their local exchange's currency.
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CHAPTER 7- HR POLICIES OF MONDELEZ INTERNATIONAL
Our vibrant, agile and highly skilled HR community is a valued partner to the
business and our 90,000+ global employees, managing the full people process from
hire to retire.
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We are leaders in organizational and change management, cultural
integration and employee engagement.
We are responsible for recruitment, succession planning, talent and
performance management, creating a strong pipeline of inspirational, global
leaders.
We operate our Total Rewards policy so individuals are recognized for their
contributions.
We provide effective HR solutions in everything from workforce
administration to employee relations, payroll and HR analytics.
Our business priorities are fertile ground for us to do amazing work and for our
people to enjoy an incredibly diverse range of career experiences.
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RECRUITMENT & SELECTION
Before becoming part of our business, we need to make sure you are the right
person for us and equally you will need to make sure we are the right company for
you. We want to make it as straightforward as possible for our future colleagues to
join our MDLZ team - the process may vary slightly by role, country or entry level,
but below is a guide of what you can expect. We are an international business with
English as our official business language – as such some stages will take place in
English.
1. ONLINE APPLICATION
Our online application process is really simple, all we need you to do at this stage
is complete an online application form and upload your resume. Once you’ve
found a job you’re interested in by clicking ‘Search Jobs’ at the top right of any
page on our website, click ‘apply online’, and we’ll take you through the process,
step-by-step. If you have previously applied for a role or registered with us, save
time by logging in with your existing details. Forgot your username or password?
Don’t worry, you can easily recover this by clicking on the links below the login
fields. Remember, you can save your application as a draft at any time and come
back to complete it at a time that suits you!
2. PRE-SELECTION
Depending on the kind of role you’ve applied for, this next stage might be slightly
different. Generally it will be a case of simply having a chat.
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3. INTERVIEW
If we see a fit at the pre-selection stage, we’ll invite you to an interview, either
onsite or virtually, with the recruiting manager. This is an opportunity to talk
through your application in a bit more detail, and go into greater detail around your
skills, capabilities, experience level and fit for the role. We may also ask you to
complete a project or presentation, depending on the specific role. Once you've
completed the process, we'll carefully consider your performance and try our best
to give you a quick decision. For tips on how to be at your best during the
interview, click here. There might be some testing or background checking at this
point (or after offer) depending on the country or region where the job is based.
4. JOB OFFER
If we think you would be successful at Mondelēz International, and you feel the
same about us, this is the exciting part where we offer you the job! All that needs
to happen then is for us to send you an employment contract, plan your in-depth
induction and agree your start date. And,
BE CAREFUL
We’ve been told about an online recruitment fraud involving fake Mondelēz
International job postings. These postings impersonate our company and
employees in an attempt to wrongfully gather personal data and money from
candidates. We take this matter very seriously and are doing everything we can to
put an end to it. Just in case, please watch out for:
Emails that originate from a non @mdlz.com address. All our employees,
including our recruitment teams, use email addresses that end in
@mdlz.com.
Job postings or emails with poor spelling and grammar.
A job offer when no face-to-face interview has taken place. As part of our
recruitment process, we almost always meet candidates in person, at least
once.
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Early requests for extensive personal information such as passport and bank
account details. We would only request passport information at the in-person
interview stage and bank account details once you’ve accepted a job offer
and started the onboarding process.
Offers of employment in international locations – often with requests for
"visa processing fees". We would never ask for money from candidates as
part of our recruitment process.
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PERFRMANCE APPRAISAL
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Employee Development
Becoming the best employer and achieving the first-rate performance are two
major global strategic targets of Mondelēz International; therefore, talents are of
significant importance to us.
To this end, we have meticulously worked out a series of training and development
programs, which enables each employee to enjoy timely guidance, feedback, and
assistance at different stages of their career so as to achieve higher performance.
The key programs include:
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GRIEVANCE REDRESSAL
After looking into the matter, the Competition Commission of India (CCI) decided
to reject the complaint saying that prima-facie there is no violation of fair trade
norms.
"... the alleged conduct of opposition party 1 (Mondelez India) does not appear to
be covered under any of provisions of the (Competition) Act. Further, there
appears to be no appreciable adverse effect on competition (AAEC) in chocolate
market.
"... the alleged conduct of opposition party 1 (Mondelez India) does not appear to
be covered under any of provisions of the (Competition) Act. Further, there
appears to be no appreciable adverse effect on competition (AAEC) in chocolate
market.
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This issue prima facie does not seem to raise any competition concern and "appears
more to be a business dispute between the manufacturer and distributor," it said.
The complainant had also alleged that it was forced to supply to defaulting parties,
manipulating the damage settlement policy and entering into the market of instant
fruit flavoured drinks and biscuits by leveraging its dominant position in the
market for non-premium chocolates.
Mondelez India -- which came into existence following the acquisition of Cadbury
India Ltd by Kraft Foods Inc in 2010 -- has several brands, including Cadbury
Bournvita, Cadbury Dairy Milk, Gems, 5-Star, Perk and Bournville.
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LEAVES, BONUS, WELFARE MEASURES
At Mondelez International, Inc., they provide many pension plans and other
welfare benefits. Countless companies in the United States, like Mondelez
International, Inc., sponsor group health benefits for their employees, through
which companies typically cover a large portion of their workers' health insurance
premiums. These contributions are tax deductible for businesses and tax-free for
employees. Mondelez International, Inc. offers health, dental, and vision coverage.
Mondelez International, Inc. also offers group life insurance, short-term disability
insurance for accidents or illness, death benefits, which cover certain causes of
death, and long-term disability insurance. To help ensure a reliable money source
later in life, countless employees depend on employer-funded retirement plans.
Mondelez International, Inc. provides defined benefit pension plans and defined
contribution pension plans. Companies with defined benefit retirement plans pay
retirees a fixed sum upon retirement. With a defined contribution pension plan,
companies help employees save and invest for retirement.
“Good time off and they used to supply long term leave but have stopped
that benefit.”
Company pays for the day care facility for your kids. Flexible work hours.
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It is not as flexible as other FMCG companies. In comparison to E-
commerce industry, a lot needs to be revised to make the benefits attractive
for the employees.
Great work life balance, best pay, good incentives Worst: culture has
become bad because of company’s huge cost cutting initiatives. No team
bonding activities. Uncertainty .
Good Place to work who are in Operation, CS&L, Quality and Safety.
Human Rights
Everyone should be treated fairly and with dignity. It’s a basic human right. And
we believe there is a role for everyone to play in preserving that right – from
governments and non-governmental organizations to civil society and the private
sector. At Mondelēz International, we focus on where we can make a difference in
our business operations, with our direct suppliers and in the broader community.
View our Code of Conduct and other documents in our Compliance &
Integrity section for more information around our approach to human rights.
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CHAPTER 8- MANAGEMENT INFORMATION SYSTEM
Amassing a net revenue of $9.7bn in 2016, and with 30,000 employees worldwide,
confectionary juggernaut Mondelēz International houses a number of renowned
snack brands. From Cadbury, Côte d'Or, Oreo and BelVita, to Babbaloo and
Philadelphia, the company remains committed to driving business growth and
fulfilling its ambition to ‘create delicious moments of joy’ for consumers.
“When you receive a snack, the feeling you get is a sense of happiness- a moment
of joy. We put a lot of that passion into the way we work, and the way we make
and market our products,” Director of Information Technology Henson Sy
explains.
“For example, with sales force automation (SFA), we show what it will look like in
the next few years. If I'm bringing in this thinking, it can then be built into their
roadmap. When I first joined in 2014, Mondelēz’s sales force were selling via pen
and paper. In some rare instances, they may have had Netbooks,” he continues.
“We made a big bet for our sales force to use mobile devices. The full deployment
of mobile devices is more cost effective and ubiquitous. It makes data available to
us almost instantaneously. We use app stores which are freely available to mass
deliver the app. Looking at what’s next, I asked instead of giving sales reps the
app, why don't we give the retail stores the app, where they can have this service
on their mobile devices in the store.”
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“Beyond this, we looked at chatbots via Facebook Messenger and so on. We have
different technologies, bringing intelligence behind it as well. Machines can figure
out what to sell best in that store based on history and location trends, and let the
sales staff just monitor or manage relationships,” he adds.
Upon implementing SFA for sales reps, Sy also worked to implement cloud
technology to support its mobile app platform to strengthen its security
mechanisms, minimising potential risks or delays in service.
Innovation culture
With the introduction of the Hub for Innovation team, which Sy is a part of,
Mondelez is seriously investing in innovations. The team’s focus is to think big,
innovate fast and disrupt at scale. It has rolled out proof of concepts around the
world that have positively impacted business as well as drive a culture of
innovation.
“We partner with Accenture amongst others, in the innovations space, where they
have provided a framework to how we set up an innovation culture, how we set up
innovation immersion sessions so that we drive the whole culture, from top to
bottom,” says Sy.
“We also harness best of breed technologies from SAP and distributor management
system by Infosys Edgeverve. We have a product, which is scalable and just
works. When we implemented it in the Philippines, we just replaced all of our
legacy client-server tools with this cloud-based solution.”
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Personalisation
The food and beverage industry across Asia has amounted to $42.393mn, and is
expected to steadily rise, with China being the main country responsible for this
rise, according to Statista.
“We know consumers are looking for healthier snacks and meals, paying particular
attention to the ingredients used,” observes Sy.
“In the US and Europe, we have BelVita, which is an early breakfast snack. When
we launched it in China, it was a surprise that consumers didn't like it. We heavily
marketed it as a healthy alternative, but the take-up was not where we want it to be.
“Chinese people and Asians in general do not like to bite into hard stuff in the
morning. They eat buns, breads, porridge, something which is easy to bite and
digest. Giving them a hard snack such as BelVita wasn’t going to work,” he says.
“Another product was Oreo. Although it is quite popular in the US, when we took
this to China or elsewhere in Asia, like India, we’ve had to either reduce sugar
content or increase it. The twist, lick and dunk ritual is also an American concept
that required being accustomed to it first.”
“To them, you just eat the biscuit. To make it more exciting, we introduced
different flavors that used different ingredients. Take for example, Oreo Green
Tea Ice Cream and Oreo Strawberry.”
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DATA WAREHOUSING, DATA MINING
Data strategy, data architecture and data management advances additionally are
compounding the challenges of modern data warehousing. Whether you are
pursuing cloud migration initiatives or beginning to work with real-time, streaming
data, new challenges can quickly exceed a team’s ability to do the work
manually. Data warehouse automation, or more broadly categorized as data
infrastructure automation, fills a critical and essential role in modernization and
agility efforts.
In Information Systems, you’ll connect and empower every aspect of our global
organization through excellence in technology and services. This includes
investing in growth-enabling solutions as well as systems that integrate our supply
chain from procurement to manufacturing, and customer service to logistics.
You’ll help Mondelēz International implement the right business capabilities,
powered by better information.
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LOOPHOLES/LIMITATIONS/ISSUES OF MIS
MIS Expense
Employee Training
Properly trained employees are a critical part of an MIS. Employees are at the
front lines of business operations and create or manage the daily activities of the
company. If an MIS finds a system flaw or management decides to change a
process based on the MIS information, re-training employees will usually be
required. The length and depth of the training may vary, making it difficult to
estimate the cost of this training. Management will also have to account for the
lost productivity during this training period.
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MIS Flexibility
Information Flaws
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CHAPTER 9- CONCLUSION
At Mondelez International, Inc., they provide many pension plans and other
welfare benefits. Countless companies in the United States, like Mondelez
International, Inc., sponsor group health benefits for their employees, through
which companies typically cover a large portion of their workers' health insurance
premiums. These contributions are tax deductible for businesses and tax-free for
employees. Mondelez International, Inc. offers health, dental, and vision coverage.
Mondelez International, Inc. also offers group life insurance, short-term disability
insurance for accidents or illness, death benefits, which cover certain causes of
death, and long-term disability insurance.
57
At Mondelez International, Inc., they provide many pension plans and other
welfare benefits. Countless companies in the United States, like Mondelez
International, Inc., sponsor group health benefits for their employees, through
which companies typically cover a large portion of their workers' health insurance
premiums. These contributions are tax deductible for businesses and tax-free for
employees. Mondelez International, Inc. offers health, dental, and vision coverage.
Mondelez International, Inc. also offers group life insurance, short-term disability
insurance for accidents or illness, death benefits, which cover certain causes of
death, and long-term disability insurance. To help ensure a reliable money source
later in life, countless employees depend on employer-funded retirement plans.
Mondelez International, Inc. provides defined benefit pension plans and defined
contribution pension plans. Companies with defined benefit retirement plans pay
retirees a fixed sum upon retirement. With a defined contribution pension plan,
companies help employees save and invest for retirement.
Cadbury’s management style is democratic. This is when all members of staff work
together as a team. The managers listen to the other employees ideas and
suggestions before they go ahead with decisions. If ideas are found to be achievable
and successful by the senior group, then it is taken forward. Then as a team they
reach a decision. The approach of this style is that they care and listen to everyone in
the teams view and what they think not just their own. This style can be used in both
large and small groups.
Days Inventory indicates the number of days of goods in sales that a company has
in the inventory. Mondelez International's Days Inventory for the three months
ended in Sep. 2019 was 65.04. Inventory-to-Revenue determines the ability of a
company to manage their inventory levels. It measures the percentage of
Inventories the company currently has on hand to support the current amount of
Revenue. Mondelez International's Inventory-to-Revenue for the quarter that
ended in Sep. 2019 was 0.43.
58
Mondelez International, Inc. pays its employees an average of $79,102 a year.
Salaries at Mondelez International, Inc. range from an average of $44,281 to
$138,478 a year. Mondelez International, Inc. employees with the job title Senior
Research Scientist (Unspecified Type) make the most with an average annual
salary of $94,551, while employees with the title Retail Sales Representative make
the least with an average annual salary of $41,091.
Becoming the best employer and achieving the first-rate performance are two
major global strategic targets of Mondelēz International; therefore, talents are of
significant importance to us. Everyone should be treated fairly and with dignity.
It’s a basic human right. And we believe there is a role for everyone to play in
preserving that right – from governments and non-governmental organizations to
civil society and the private sector. At Mondelēz International, we focus on where
we can make a difference in our business operations, with our direct suppliers and
in the broader community.
Competition Commission of India rejects complaint against Cadbury chocolate
maker Mondelez. It was alleged that Mondelez India Foods and Mondelez
International abused its dominant position by imposing unfair terms in their
dealership agreement.
Everyone should be treated fairly and with dignity. It’s a basic human right. And
we believe there is a role for everyone to play in preserving that right – from
governments and non-governmental organizations to civil society and the private
sector. At Mondelēz International, we focus on where we can make a difference in
our business operations, with our direct suppliers and in the broader community.
View our Code of Conduct and other documents in our Compliance &
Integrity section for more information around our approach to human rights.
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CHAPTER 10- SUGGESTIONS
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CHAPTER 11- REFERENCES
NEWSPAPER:
Economics Times
WEBSITES:
https://in.mondelezinternational.com/impact/corporate-social-responsibility
https://en.wikipedia.org/wiki/Mondelez_International
https://in.mondelezinternational.com/about-us/india-business
https://prezi.com/xr170jiyffl7/principles-of-management-mondelez-international/
https://www.essay48.com/term-paper/2953-Mondelez-International-Inc-Pestel-Analysis
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CHAPTER 12- APPENDIX
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