Professional Documents
Culture Documents
BABAIU13099 - Pham Quoc Huy - Internship Report
BABAIU13099 - Pham Quoc Huy - Internship Report
BABAIU13099 - Pham Quoc Huy - Internship Report
INTERNATIONAL UNIVERSITY
INTERNSHIP REPORT
TRAINING ASSISTANT
FPT JOINT STOCK COMPANY
CONTENTS
CONTENTS.................................................................................................................................................................................. 1
ACKNOWLEDGEMENT ...................................................................................................................................................... 4
EXECUTIVE SUMMARY .................................................................................................................................................... 5
I. Description of FPT Joint Stock Company ................................................ Error! Bookmark not defined.
1. Establishment and development of Hung Thinh Phu JSC .....Error! Bookmark not defined.
1.1. General Introduction............................................................................. Error! Bookmark not defined.
1.2. History ........................................................................................................ Error! Bookmark not defined.
2. Business functions and missions ............................................Error! Bookmark not defined.
2.1. Functions ................................................................................................... Error! Bookmark not defined.
2.2. Missions ..................................................................................................... Error! Bookmark not defined.
3. Products, customers, and markets of Hung Thinh Phu JSC ...Error! Bookmark not defined.
3.1. Products ..................................................................................................... Error! Bookmark not defined.
3.2. Customer ................................................................................................... Error! Bookmark not defined.
3.3. Market ........................................................................................................ Error! Bookmark not defined.
4. Organization structure ............................................................Error! Bookmark not defined.
4.1. Organization chart .................................................................................. Error! Bookmark not defined.
4.2. Responsible of functional departments ............................................ Error! Bookmark not defined.
5. Business performance of Hung Thinh Phu from 2014 to the first half of 2015 ............. Error!
Bookmark not defined.
II. Internship activities at Hung Thinh Phu JSC ........................................... Error! Bookmark not defined.
1. Introduction to internship department ....................................Error! Bookmark not defined.
1.1. Sales department of yarn and raw materials .....................Error! Bookmark not defined.
1.2. Domestic commercial activities for raw cotton and PSF in Sales department of yarn and
raw materials ..............................................................................Error! Bookmark not defined.
1.2.1. Features of raw materials ........................................................... Error! Bookmark not defined.
ACKNOWLEDGEMENT
The internship in FPT Retail Joint Stock company was an extreme valuable opportunity
for me to learn to develop. It was a proud for any student to be a part of one of the largest
conglomerates in Vietnam. The report would hardly be completed without the help of all
the staff from all of the offices, especially the human resource and training department
I would like to express my deep sense of gratitude to my supervisor Mr. Nguyen Van
Van, who instructed and supported me in the kindest way one could have. His continuous
advices, encouragement and feedback helped me improve myself throughout the
internship.
I sincerely appreciated the time working with Mrs. Thi - director of training department, -
Mr. Tuan - deputy director of training department, Mr. Huy - regional sales manager of
the East - and all other managers who were always willing to teach me valuable lessons.
I would also like to thank Mr. Nhan, Mr. Phuc, Ms. Thu, Ms. Mai, Ms. Loc and Mr.
Phong for having no hesitation guiding me and helping me to adapt to the new
environment.
As last, my deeply thanks come to all of the managers from the training courses as well
as the entire staff of their company for their coorperation and assistant during my
internship.
In conclusion, I hope that the experience together with knowledge gained from this
internship could be used to build my career in the future.
I. Executive summary
FPT Digital Retail Joint Stock Company was formerly known as FPT Retail Co., Ltd. It
is a subsidiary of The Corporation of Financing Promoting Technology (FPT
Corporation), one of leading conglomerates in Vietnam. The firm was officially
established in 2007 and had been operating for 9 years under two brands "FPT Shop" and
"F Studio By FPT".
FPT Retail is now the Vietnam's second-largest company in hi-tech products and digital
accessories market. The retail store system of FPT retail has the number of more than 340
stores and 4900 employees, and it is being continuously expanding in order to cover all
over 63 provinces and cities of Vietnam.
In May 2016, I took the chance to be a training assistant of FPT Shop's training
department in FPT Digital Retail Joint Stock Company. My major task during the
internship was to support the manager of the department in management training courses.
Being an intern and participating in those training courses not only help me gain
experience in human resources, especially training function but also give me a wide
knowledge of how to manage a retail store as well as understanding the workflow of FPT
Shop.
1. General introduction
Head Office: 261 Khanh Hoi Street, ward 5, district 4, HCM city, Vietnam
2. History
FPT Digital Retail Joint Stock Companywas first founded in August 2007 as a
private limited company under the brand of "[IN] store". The main office of the
company was located in 261 Khanh Hoi, ward 5, district 4, Ho Chi Minh city and
branched in Ha Noi together with Da Nang. In 2008, the FRT shareholders had
decided to change the brand name into "FPT shop" and continued to expand the
market share with the establishment of several dozen showrooms all over
Vietnam. In 2012, FPT Retail Co., Ltd. was official changed into FPT Digital
Retail Joint Stock Company and participate the retailing industry under two brands
"FPT Shop" and "FStudio by FPT". FPT Shop plays the role as the main selling
chain of the company while FStudio by FPT is the authorized reseller chain of
Apple Inc. After nine years of the unremitting efforts to develop, FPT Shop has
become the second fastest-growing technology distribution chains in Vietnam with
more than 340 retail stores nationwide.
FPT Shop operates retail stores for IT products computers, laptop computers,
tablets, smartphones, and digital accessories. All the latest digital products and
accessories of famous brand namesare always available in the shops. Moreover,
FPT also provide its customers with different types of service, namely warranty
packages, installment plans, return and exchange products, and water/electricity
bill payment services.
FPT Shop is a huge retailer system authorized by Apple Inc., Samsung, Sony,
Microsoft, Nokia, HTC, Oppo, Lenovo, Dell, Asus, HP, Philips, etc. to sell their
hi-tech products. Those includes laptop computers, mobile devices, and
accessories such as speakers, headphones, smartphone chargers, smartwatches,
computer mice, keyboards, USB, memory cards, portable battery backup, etc.
3.1. Services
When buying a smartphone or any digital accessories, customers are provided with
many kinds of service by FPT Shop. For example, if a prudent customer buys an
iPhone, she will be offered an "Gold warranty package" that gives her the
possibility to exchange the same new model ( including a surcharge of 30% of the
new iPhone's price) or two chances of repairing the iPhone for free, which costs
8% of the iPhone price.
The returns and exchange policy of FPT Shop is one of its "key selling points"
when it allows buyers to exchange the defective product for the new one in the
first 30 days of purchasing in case of manufacturer's fault. It the fault does not
come from the manufacturer, the product can still be exchanged as long as a
surcharge of 20% is added.
4.1 Partners
FPT Retail works with Apple, Sony, Samsung, Dell, Acer, Lenovo, HP,
Toshiba, Fujitsu, Asus, Canon, Panasonic, AAA,... These business partners are
the company's suppliers that provide FRT with ingredients, packing and
machinery, services, as well as hi-tech products and accessories. FPT Shop
also cooperates with four finance companies, namely ACS, HOME CREDIT
(PPF), HD SAIGON, FE CREDIT (VP BANK) in providing installment
purchase services.
Individuals come to FPT Shop to look for the best warranty as well as return
and exchange policies along with genuine products. Besides, customers are
always be served with thoughtfulness and attentiveness thanks to a special
customer care service call "We" love FPT Shop.
5. Company structure
GERNAL
DIRECTOR
DEPUTY DEPUTY
GENERAL GENERAL
DIRECTOR DIRECTOR
FINANCE SYSTEM
DEPARTMENT DEPARTMENT
BUSINESS ONLINE
DEVELOPMENT BUSINESS
CENTER CENTER
ADMINISTRATION TECHNICAL
DEPARTMENT SUPPORT
DEPARTMENT TASKFORCE
Internship report TEAMPage 9
International University 2015-2016
The system of FPT Retail includes almost 5,000 employees and is under the
management of one general director and two deputy general directors. Each
deputy director is in charge of a store chain.
The first deputy director who is in charge of F studio chain also manage goods
sectors of suppliers such as: Apple, Samsung, Microsoft, Sony, etc. The other
deputy director control FPT Shop chain along with location center and taskforce
team. Location center is responsible for selecting a place for a shop to be built.
Taskforce team is a group of staff that are specially trained to support a shop in its
grand opening day.
There are ten other departments that are directly under the control of the general
director:
1. Finance department: in charge of managing all cash flow into and out of the
company.
6. Online business center: including media department; responsible for all online
activities, digital marketing, websites, etc.
By the end of the first 7 months of 2016, FPT Retail revenue reaches 5554 billion
VND and profit before tax of 114 billion VND, gained 33% and 39% respectively
in comparison with the same period in 2015. This achieving revenue growth is
higher than the average growth rate of 24% of the market.
9000
8000
7000
6000
2012
5000
2013
4000
2014
3000 2015
2000
1000
0
2012 2013 2014 2015
Figure 2.2 Revenue of FPT Retail from 2012 to 2015 (billion VND)
FPT Shop chain also continues to maintain and expand the number of store in
order to cover all 63 cities and provinces in Vietnam. By the end of July 2016,
FPT Retail has 334 shops, exceeding the target by 34 ones. In FPT corporation,
FPT Retail still maintains its position as the fastest growing subsidiary in terms of
revenue and profit before tax.
350
300
2012
250
2013
200
2014
150 2015
100 Jul-16
50
0
2012 2013 2014 2015 Jul-16
1. Training department
Training department of FPT Shop has three main centers that are distributed
through three regions of Vietnam. There are two forms of training: online and
offline training. The basic responsibility of training department are to build skills
and knowledge for employees as well as to instruct them how to apply those in the
workplace. Moreover, updating new policies. delivering them to employees, and
supporting store chain are also included in the department's function.
There are two core training courses offered by training department: newly
recruited employees and shop manager trainees.
Technical
Salespeople Accountants Supporters Storekeepers
General
training
All newly recruited staff members are required to participate training programs
of the department. First of all, they will be taught about knowledge of the
organization's history, structure, policy together with culture, general
techniques, such as selling, serving customers, etc. After that, employees from
each position will be sent to particular classes for further training in their
specific fields. Figure 3.1 describes the training process for new staff.
Trainee shop
managers
Taking the
Accountants, job
Technical as a sales rep External recruited
supporters, Salespeople managers
Storekeepers over 3
months
Trainers from the department not only have to teach at training centers but also
do the on-the-job training, or direct instruction, at the job site. In addition,
whenever chain store holds an important event, for example in Samsung
Galaxy Note 7 launch event, trainers are also assigned to help with selling and
serving customers.
2. Internship activities
My major task during the internship was to work as an assistant to support the
training courses for managers of FPT Shop. Every course had a period of about
two weeks. Before one started, I were in charge of aggregating the list of
managers sent from recruiting department or area sales managers. Those
included sales reps from the internal chain store and external recruited
employees.
Prepare
Receive list of Set up classrooms or
materials,
trainees rent outside rooms
documents, etc.
Before every course started, I had to make sure that classroom, materials,
documents, etc. were ready and available. Sometimes the number of trainee
exceeded seats in the classroom of training center, it was my job to look for
meeting rooms for rent outside that had to be the most comfortable place to
proceed the training course.
During the course, I were responsible for assisting trainers as well as trainees
throughout lectures. That included supporting them with suitable materials and
documents, instructing trainees in their reports and tests. I were supposed to be
the first one to appear in the classroom so as to make sure everything was
running and set up properly for the class to start. Desks and chairs would be
arranged in a required order and electronic devices would be checked carefully.
The course consisted of about 12 modules that gave deep knowledge of the
workflow in the shop and management skills. After each module had finished ,
I gave trainees exam to test what they had learned and practiced.
When a training course came to an end, I collected trainees' exam papers and
spent my effort in grading as well as evaluating their performances in
compliance with course's regulations and their attitudes during the training
program. If they were graded over 75% of the total score and their performance
was evaluated as "Good", they would pass the course and be sent to the chain
store for a two-month internship as a shop manager under regional sales
managers' supervision. If they failed, I would be in charge of providing them
with a second chance to do the test again.
2.2. Salesman
Presentation
Need
Approach and
identification
Demonstration
Handling
Follow up Closing
objections
Explanation
Step 3 – Presentation and Demonstration: In this step, I would talk about the
products , show the customer how the products would satisfy her/his needs,
how value the products were or why the services of FPT Shop was the best by
using warranty, return and exchange policy as key selling points.
Step 4 – Handling objections: the step in which I had to clarify all the doubts
of the customer and remove her/his barriers to buy the product.
Step 5 – Closing: when noticing that customer was ready to buy, I would ask
them to place an order for the product.
Step 6 - Follow up: after the payment for the product had been made, I would
give some more recommendation in order to show my thoughtfulness, try to
build the relationship, and ensure their satisfaction.
My task was to aggregate bills after each management training course and do
the payment procedure. I collected all of the bills and checked if there was any
mistake. This job required carefulness and integrity. After that I went to
accounting function in the head office and completed the procedure.
1.1 Qualifications
I did learn a lot from other trainers, managers, and coaches. Trainers of
management training courses were managers and directors, which meant they
have a comprehensive knowledge about not just retailing but a wide range of
other specific fields. Being their assistants and working directly with those
directors gave me a very valuable opportunity to enrich the knowledge of the
retailing industry. Besides, because FPT Shop specialized in selling hi-tech
products, I was also supplemented the knowledge of computers and mobile
devices: the special features of each product, how they were structured and
how to fix some common errors. I were also taught a lot of different
qualifications from the management training courses: how to manage a retail
store, what exactly a manager should do during his work time, and how to
control his staff, complaint resolution skills, human resource management,
warranty process, selling techniques, etc. Moreover, I gained my understanding
of the working process and procedures of FPT Shop both of store chain and
office.
1.2 Skills
The most important skill I took away from the internship was internal
communication skill, which meant how to talk properly with superiors and the
understanding of each superior's style for the most suitable behavior. Written
communication was important skills that I practice every day by using e-mails
and report to superiors and trainees. I was taught to present some basic
administrative documents and reports. Of course, problem solving skill was
also essential when working with such many directors because I was supposed
to help them during their lecture if any incident happened.
2. Primary responsibilities
For the job to function, I had to perform in compliance with responsibilities which
were categorized into three kinds: job responsibility, self- responsibility, and
mutual responsibility
Job responsibility
My formal job responsibility had been specified in the job description before I
applied for the position. That involved meeting job expectations and fulfilling
daily duties, namely administering, supporting, and conducting the training
courses for new managers; acting as a specialist in particular subjects; supervising
trainees.
Self-responsibility
This referred to each staff taking responsibility for his own behaviors outside of
normal work. This led to accountability, which meant I had to accept blame for my
mistakes and acknowledge the contributions of other employees. I was also
responsible for working and communicating with colleagues as well as superiors
with integrity and honesty.
Mutual responsibility
Another kind of responsibility I had to share with all colleagues was mutual
responsibility which required workers to report any illegal or suspicious behavior
or policy violations. It also included the responsibility of serving customers when
they were at the stores and helping other colleagues if needed.
V. CONCLUSION
The three-month internship has significantly enhanced both my skills and specialized
knowledge of business management, specifically, human resource area. I could
understand clearly the definition of human resource in terms of training and developing
function. I was totally inspired by the job of helping people develop their strengths and
turning them into extreme qualified workforce with great passion. I also was eager to
experienced the real working environment in which I could apply my lessons in
classroom to the job.
The retail market of mobile phones is becoming more and more competitive with the
expansion of Thegioididong, FPT, Vienthong A, Vinpro, etc. This sector is considered to
be a fertile ground for those giants to gain revenue and stimulate grow rates. FPT Shop is
also trying to be the largest retail chain in Vietnam in terms of market share and revenue
by increasing the amount of shop up to 500 in the end of 2017. With the rapid growth of
mobiles and computers ownership in Vietnam, the wealth of digital retailers like FPT
Retail is considered to be extreme promising. On average, FPT Shop grosses more than
27 billion VND per day and continues on its way to break the record of last year revenue.
REFERENCES
Data and information sources from FPT Retail Joint Stock Company
Websites:
https://fpt.com.vn/
https://fptshop.com.vn/
https://fstudiobyfpt.com.vn/
http://chungta.vn/
ABBREVIATIONS