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Jyoti Kumari Intrnship Report Retail Industry (21-24)
Jyoti Kumari Intrnship Report Retail Industry (21-24)
An Internship Report
On
RELIANCE TRENDS.”
PATNA
(2021-2024)
1
STUDENT’S DECLARATION
I hereby declare that I have conducted a study of human resource analysis and strategic assessment
in the retail sector, specifically focusing on Reliance Trends. This internship report, titled " Study
On Human Resource Management and Comprehensive Study of Retail Industry with regard
to Reliance Trends," is a genuine and original piece of work. It has been submitted to CIMAGE
Professional College, Patna, as a partial fulfillment for the award of Bachelor of Business
Administration. I have dedicated significant effort and time to ensure the accuracy and authenticity
of this report. Thank you for your support and guidance throughout this internship journey.
Jyoti Kumari
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ACKNOWLEDGEMENT
Apart From my efforts, the success of any project depends largely on the encouragement and
Guidelines of many others. I take this opportunity to express my gratitude to the people who
have been instrumental in the successful completion of this Internship.
I would thank the entire Management of Reliance Trends Limited for giving me the wonderful
opportunity to work on a four-week Internship In their esteemed organization.
I am highly obliged to Mr. Mukesh Kumar Store Manager, Reliance Trends Patna.
For giving me this Internship and guiding me throughout my 4-week Internship Program.
His encouragement, time, and effort motivated me to work sincerely in this program.
I would like to thank all faculty members of Trends, as a Fresher guided by
very well From Trends faculty members.
I am extremely thankful to our director Mr. Neeraj Agarwal and I must thank Mrs.
Megha Agarwal, Principal, Cimage Professional College Patna. I am greatly
indebted to all faculty member at Cimage College for their support. Last but not least,
I would like to thank my almighty, my parents for their constant encouragement for
blessing me and making this successful project.
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INSTITUTE CERTIFICATE
Has been prepared by Jyoti Kumari, Reg No. 21302310005. Session: 2021-2024 after
completion of offline project training in partial fulfilment for the requirement of
“BACHLEORS OF BUSINESS ADMINISTRATION” degree under my supervision
and guidance & recommended that it may be accepted for evaluation.
(Head of Department)
4
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PREFACE
This study is intended to help reliance trends decide upon the steps to be taken care of
customer satisfaction so that the growth of the company keeps on improving. Primary
data have been used for analysis. However, secondary source have yielded preliminary
information.
Research conducted was descriptive in nature. This helped me to develop the concept
to clearly establish priorities to divulge adequate information which helps me in
decision making and thus essential for making the study a success.
A structured questionnaire was used to obtain required information and to assess the
customer satisfaction level and to find the ways through which the company can come
up to the expectation of customer so that the optimum satisfaction level can be
achieved. I have used random sampling for my survey. Care was taken that the
respondents were as diversified as possible. A sample size of 50 respondents was
taken from Patna. I collected data and analyzed them. I have critically analyzed each
and every question in the questionnaire and then given the managerial implication.
This analyzed data was later converted into bar diagrams for convenience. This also
made it easy to draw a conclusion based research and provide a presentable format for
the report. Later on the information were compiled to form a presentable report. Along
with this I also learnt the store operation of Reliance Trends. A better strategy to
satisfy customer is only the way to gain customer attention and to penetrate more in
own catchment area. Strategy must be in all area like Promotional offer/Scheme,
Product Pricing, Employee behavior, Billing Process, Product Assortment, Product
quality in terms of RATER. It is found in the research that customers are price
sensitive hence Reliance trends should give those offers which can facilitate more
money saving as the customers are price sensitive. Once the conservative thought
would abolish, definitely the retail will grow with leap and bound, ultimately it would
benefit Reliance trends.
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TABLE OF CONTENT
Certificate of originality 1
Declaration 2
Acknowledgement 3
Institute certificate 4
Company Certificate 5
Preface 6
7
Chapter*3 Departmental Study 43
Chapter*4 Work/Assignment/Training 60
4.6 Bibliography 80
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CHAPTER-1
INDUSTRY STUDY
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1.1 INTRODUCTION
Reliance Group
Backward vertical integration has been the cornerstone of the evolution and
growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a
strategy of backward vertical integration in polyester, fibre intermediates, plastics,
petrochemicals, petroleum refining and oil and gas exploration and production -
to be fully integrated along the materials and energy value chain.
The Group's activities span exploration and production of oil and gas, petroleum
refining and marketing, petrochemicals (polyester, fibre intermediates, plastics
and chemicals), textiles, retail, infotel and special economic zones.
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Reliance enjoys global leadership in its businesses, being the largest polyester yarn
and fibre producer in the world and among the top five to ten producers in the
world in major petrochemical products.
Introduction
The Indian retail industry has been thrown open to foreign majors and is packed
with players who strive to offer great products and value-for-money to Indian
consumers. The country holds vast promise for retailers with its burgeoning
spending power and rising middle class.
The US$ 500 billion market, growing at an annual rate of about 20 per cent, is
largely dominated by small shops and stores as of now. The organised segment in
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its nascent stage and has huge potential to harness in the sub-continent. Foreign
giants like Wal-mart and IKEA have recently received the Government's nod to
enter the Indian market, after making all the necessary compliances.
Market Size
The Indian retail industry has expanded by 10.6 per cent between 2010 and
2012 and is expected to increase to US$ 750-850 billion by 2015, according to
another report by Deloitte. Food and Grocery is the largest category within the
retail sector with 60 per cent share followed by Apparel and Mobile segment
Online Retail
Internet is the buzzword in India these days. People have online access 24x7
through their laptops, iPads and mobile phones. As a result they have continued
access to online retail markets as well.
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Online retailers are emerging as important sales channels for consumer brands in
India as more and more people, especially the young generation, are shopping
online. From apparel to accessories, kids and infants' product lines and almost
everything under-the-sun is available on the net these days. Apparel and accessory
brands, such as Puma, Nike and Wrangler, have recorded a big increment in online
sales in 2012, led largely by purchases from smaller towns
and cities with consumers paying the full price for these products.
For instance, footwear brand Nike has tie-ups only with online retailers such as
Myntra and Jabong. And in a very unique initiative, it recently launched its new
range of cricket gear on Jabong. Such partnerships turn out to be very successful
as online retailers provide greater visibility than a physical store. "Our online store
can carry around 10,000 options, while an offline store can carry only 20 per cent
of a given range," said an official.
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and air-conditioned structure, the mobile showroom is a replica of BMW's
luxurious dealerships.
Villeroy & Boch AG, the Germany-based bath, wellness and tableware firm,
has partnered with Delhi-based Genesis Luxury Fashion to commence its
operations in single-brand retail trade in India. Villeroy & Bosch's application,
seeking 50 per cent equity in the joint venture (JV) company for single-brand
retail trade, has recently got anod from the Foreign Investment Promotion
Board (FIPB). The FDI infusion in the JV would be to the tune of Rs 1.12 crore
(US$ 187,463.60). Genesis Luxury Fashion, that has brands such as Paul
Smith, Bottega Veneta, shoe brand Jimmy Choo, Italian label Etro and Armani
and home and personal care products from Crabtree and Evelyn underits
business in India, will exclusively manage the distribution of Villeroy & Boch
tableware products in the country. The alliance ensures the establishment of a
distribution network through the opening of Villeroy & Boch's exclusive retail
stores in India.
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In a bid to tap the branded footwear market in India, which is estimated to be
about Rs30,000 crore (US$ 5.02 billion), Aero Group (known for its flagship
Woodland brand) is planning to revive one of its old brands, Woods. The
company is contemplating to open around 30 new, revamped Woods stores in
2013. The eight-year-old brand would now lay its focus on the fashion
quotient, rather than the typical outdoor, rough and tough image of Woodland,
and will have more of the range for women.
Godrej Interio, the furniture retailing arm of Godrej Group, is aiming for Rs
5,000 crore (US$ 837.14 million) of turnover by 2016-17, with plans to invest
over Rs 300 crore (US$ 50.23 million) to expand manufacturing capacity and
retail stores. The company is planning to set up more than 75 stores in 2013
itself with focus on tier II and III cities.The Indian branded furniture market is
worth about Rs 10,000 crore (US$ 1.67 billion) out of which Godrej Interio
accounts for 15 per cent of the share. The company also plans to establish 200
speciality stores which will design and built products according to the
consumer's convenience and preference.
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Government Initiatives
Road Ahead
The overall Indian retail sector is expected to grow 9 per cent in 2012-16, with
organised retail growing at 24 per cent or three times the pace of traditional
retail (which is expected to expand at 8 per cent), according to the report by
Booz & Co and RAI.
Deloitte also seconds this forecast and expects that organised retail, which
constitutes eight percent of the total retail market, will gain a higher share in
the growing pie of the retail market in India. Various estimates put the share
of organised retail as 20 per cent by 2020.
Meaning of Retail
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The word "RETAIL" is derived from the French word RETAILLIER, meaning
to cut piece off or to break bulk. Retailing in India is as old as India itself.
Definition: Retail is the sale of goods to end user, not do resale, but for use
and consumption by the purchaser. The retail transaction is at the end of supply
chain manufacturer sell large quantities of products to retailers, and retailers
sell small quantities of those products to consumers.
All activities involved in selling goods or services to the final customer for
personal use in today's scenario our retailer does not exist in the brick and
mortar from alone. She/he can do it by using the telephone, by direct mails, by
using the Internet or absolute impersonally by using vending machines.
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Textiles sector with companies like Bombay Dyeing, Raymond's, S Kumar's
and Grasim first saw the emergence of retail chain.
Emergence of hyper and super markets trying to provide customers with 3 V's-
Value,Variety, Volume.
Shoppers' Stop
Westside
Pantaloons
Lifestyle
Crossword
Wills Lifestyle
RPG Retail (Spencers, Music world)
Globus
Ebony Retail Holdings ltd.
International retailers:
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There has been greater influence of brands like Wal-Mart, Tommy Hilfiger,
Carrefour, Marks & Spencer's, Nike, etc in the big cities of India for long.
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CHAPTER-2
COMPANY STUDY
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2.1 ) Vision, Mission And Objectives Of Reliance
Vision
To lead the industry while generating value to the stakeholders, be the pioneer
in setting ethical standard and be everyone's investor.
Mission
Objective
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Create synergetic effect by creating high quality and diversified portfolio.
Reliance in retail
Business Divisions
a) Reliance Mart
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It is designed to be an all under one roof supermarket that again caters to
household needs.
b) Reliance Fresh
It was the first amongst various format stores to be launched by Reliance Retail
Ltd. The ideology behind the initiative has been to bring "Farm to fork"
thereby removing middle men and benefitting both farmer and consumer. The
stores would typically be of an area of around 3,000-5,000 sq ft. Each store is
to provide fresh fruits, vegetables and also products of Reliance Select and
other related groceries.
c) Reliance Super
d) Reliance Digital
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membership and loyalty program across all formats, which follows the
philosophy 'Earn Anywhere, Spend Anywhere'. It shall also provide finance
options for purchases. Reliance Digital is to be a large format store spread
across 15,000 to 35,000 sq. ft. and is scheduled to come up in 70 cities in India
in the near future.
e) Reliance Wellness
f) Reliance Footprints
It is a specialty footwear store that would offer over 25,000 pairs of formal,
casual, ethnic, party wear and sports wear in men, women and children
footwear. The store is to be spread over 7,500 square feet and be dedicated to
footwear, handbags and accessories. The design of Footprint was
conceptualized by Pavlik of USA which is one of the best design houses in the
world keeping in mind the taste and preferences of the Indian consumer. It
shall offer brands from Europe and America like Josef Siebel, Rockport, Hush
Puppies, Lee Cooper Clarks, Levis, Nike, Adidas, Piccadilly, Dr. Scholl's and
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more. For kids, Crocs and Disney will be showcased. The store plans a pan-
India presence by opening over 15 more specialty stores.
g) Reliance Jewels
h) Reliance Timeout
With over 56,000 products Reliance Timeout will offer customer an extensive
range of merchandise in books, music, stationery, toys and gifts. It is to a
format based on the ideology to provide a place where a consumer can unwind
and relax, browse and buy a book, sample some music, choose a gift, and buy
a toy or some exclusive stationery for themselves. Reliance Timeout will offer
a comprehensive range of products in these categories along with an attempt
to create a fascinating customer experience with a warm, lively ambience.
i) Reliance Trends
It is a specialty apparel store that will sell men, women and children's
garments. The store will carry the best of national and international brands like
John Players, Peter England, Indigo Nation, Wrangler, Reebok, and Lee, apart
from in-house brands. The store layout is to compliment the evolving taste and
preference of fashion savvy consumers, giving them an opportunity to view
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/shop with ease, along with well trained customer service associates, to
compliment the entire shopping process. Reliance trends is operation with 123
stores across the country, providing employment to so many people and
planning to launch many new store
Founded : 2007
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Headquarters : Mumbai
The Apparel, Luggage and Accessories division of reliance retail has announced the launch
of their first Apparel speciality store "Reliance Trends".
All the Reliance Trends stores located at different places across Bangalore offer some of
the best Indian and International brands with each store's area of more than 15,000sq.ft. of
shopping area, and has been designed and furnished by the best of the international design
agencies to offer a high style and lavish experience to the Indian consumer.
The store layout compliments the evolving tastes and preference of fashion savvy
consumers, giving them an opportunity to view/shop with ease, along with an army of well
trained customer service associates to compliment the entire shopping process.
Riding on the tremendous success of Reliance Mart at various locations across India, the
apparel division of Reliance Retail is well on track to democratise fashion and make it
attainable to the masses.
This is being possible by the extraordinary design pool of Indian and International
designers, integrating the international design trends and preferences of the Indian
consumers.
The company is offering solutions to common maintenance problems through its state of
the art innovative products like Ever White Shirts, Anti Stain Trousers, Wrinkle free range
of garments, aromatic clothes for infants and quick-dry sports wear that ensures optimum
moisture management.
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Product quality has been ingrained into the DNA of Reliance Trends and is integral to the
mission of "Grahak Devo Bhava". The quality system are designed, implemented and
monitored as per international standards by a highly competent team of professionals.
To deliver the customer the best value for their money, only those products that
demonstrate an exemplary safety and quality meeting both implicit and explicit needs of
the consumer are approved for purchase.
Some of the quality standards that are being followed are American Association of textiles,
chemists and colourists. American Standard, ISO and BIS methods.
For the first time in organised retail, Reliance Trends is introducing Made to Measure
tailoring service offering customised fits to all the customers buying fabric from the store
at prices compatible to neighbourhood tailors.
Reliance Trends is offering a homogenous mix of private label of brands across men's,
women's and children's category to fulfil every customer's requirements.
The Network range of garments comprises of formal office wear and collection for men
and women, while the Netplay range, showcases a smart casual collection for the evolving
workplace. The DNMX range has been developed with a clear focus on the youth of India,
offering them exclusively crafted fashion garments like Denims, T-shirts etc.
Sparsh range of Indian wear for women, offers the finest collection of salwar kurtas,
churidars and a fast evolving Mix and Match range of garments. An exclusive label Panda
has been developed for infants and toddlers, while the FRENDZ range of garments would
compliment the wardrobes of the growing generation of boys and girls.
Apart from these private labels, the store is also offering some of the most renowned brands
in the country like Levis Strauss Signature, Peter England, Indigo Nation, American
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Tourister, John Players etc. Some designer labels either directly or through their sub brands
most of these exclusively for Reliance Trends.
Continuing the tradition of reaching out to the middle class of the country, the current
offering from Reliance Trends is easily affordable to the Indian consumer. The specific
private label called First Class, is designed to cater to the range of garments cutting across
men's, women's and children's wear to deliver extreme value to the Indian consumers.
Taking forward the voice of Shri Mukesh Ambani, Chairman & Managing Director,
Reliance Industries Ltd, Reliance Trends delivers unmatched affordability, quality and
chain of products and services to the consumer. Reliance Retail continues to fine tune its
offering and listening to its customers and learning from them. This as the Chairman
envisions, will be the beginning of transformation of Indian Retail with benefits for the
consumer.
Product Profile
1)Women's Wear
2)Men's wear
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Casual wear Sports wear
3) Kid's wear
Infants Toddlers
4) Accessories
Handbags Socks
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PRIVATE LABELS BY RELIANCE TRENDS
EXTERNAL BRANDS IN
RELIANCE RETAIL
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SWOT ANALYSIS
STRENGTH:
Lower Price
Coupons, Voucher
Promotional Products
Good Quality
Value to money
Understanding the customer needs
Implementation of the pint theory (5 theory = greeting)
Offer on national holiday like 15 august, 26 jan, 16 junetc
Ultimate offer (offer for the whole yr)
WEAKNESS:
Repeated Collections.
Not Much Collections.
Lack Of Awareness.
OPPORTUNITIES:
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Removing The Products Which Are Not Selling Much.
THREATS:
The retail industry offers diverse and unique career paths where you could
work for some of the world's most recognizable brands. Many of the main
goals of retail- be it sales and profitability, product innovation, or customer
relationships-intersect with other career fields like marketing, finance,
technology, loss prevention, merchandising and management. Whether in
stores or corporate headquarters many of key roles in retail include internal
coordination, plan- ning and logistics, store operations, human re- sources/
training, finance and administration, buying, marketing, logistics, and
information technology.
Positions in the retail industry can largely de- pend on what the company or
store is selling. All positions must have some knowledge or familiarity with
the products they sell and the needs of customers. At the forefront of the retail
team are entry-level positions that tend to have the most face to face time with
customers and tend to make up the bulk of the workforce of a company.
Positions at this level could be a cashier, stocker, front end or sales associate.
Entry level positions do not require a worker to supervise other workers at the
same entry level positions.
The next level up would be intermediate man- agement that supervises entry
level and other staff. With diverse roles and departments in the retail industry
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there is a need for distinct types of management to direct and accommodate
different areas and departments:
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Basic Functions
Planning: Deciding what needs to hap- pen in the future (today, next
week,next month, next year, over the next five years, etc.) and
generating plans for action.
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Depending on the size of the store and the company structure there will be
different types and levels of managerial positions. Most organizations have
three management levels: first-level, middle-level, and top-level
managers. These managers are classified according to a hierarchy of
authority and perform different tasks. In many organizations, the number
of managers in each level gives the organization a pyramid structure.
• Merchandise Manager
• Assistant Store Manager
• Customer Service Manager
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• District Sales Manager
• Food or Product department Manager
• Sales Manager
• Store or warehouse Manager
Marketing
Survey Methodology:
In statistics, survey methodology is the field that studies the sampling of individuals
from a population with a view towards making statistical inferences about the
population using the sample. Polls about public opinion, such as political beliefs, are
reported in the news media in democracies. Other types of survey are used for
scientific purposes. Surveys provide important information for all kinds of research
fields, e.g., marketing research, psychology, health professionals and sociology. A
survey may focus on different topics such as preferences (e.g., for a presidential
candidate), behaviour (smoking and drinking behaviour), or factual information (e.g.,
income), depending on its purpose. Since survey research is always based on a sample
of the population, the success of the research is dependent on the representativeness
of the population of concern (see also sampling (statistics) and survey sampling).
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The most important methodological challenges of a survey methodologist include
making decisions on how to:
Selecting Examples:
There are several ways of administering a survey. The choice between administration
modes is influenced by several factors, including 1) costs, 2) coverage of the target
population, 3) flexibility of asking questions, 4) respondents' willingness to participate
and 5) response accuracy. Different methods create mode effects that change how
respondents answer, and different methods have different advantages.
Telephone
Mail (post)
Online surveys
Personal in-home surveys
Personal mall or street intercept survey
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Hybrids of the above.
Response formats
Usually, a survey consists of a number of questions that the respondent has to answer
in a set format. A distinction is made between open-ended and closed-ended questions.
An open-ended question asks the respondent to formulate his own answer, whereas a
closed-ended question has the respondent pick an answer from a given number of
options. The response options for a closed-ended question should be exhaustive and
mutually exclusive. Four types of response scales for closed-ended questions are
distinguished:
Questionnaire
Question sequence
In general, questions should flow logically from one to the next. To achieve the best
response rates, questions should flow from the least sensitive to the most sensitive,
from the factual and behavioral to the attitudinal, and from the more general to the
more specific.
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Basic rules for questionnaire item construction
Use statements which are interpreted in the same way by members of different
subpopulations of the population of interest.
Use statements where persons that have different opinions or traits will give
different answers.
Think of having an "open" answer category after a list of possible answers.
Use only one aspect of the construct you are interested in per item.
Use positive statements and avoid negatives or double negatives.
Do not make assumptions about the respondent.
Use clear and comprehensible wording, easily understandable for all
educational levels
Use correct spelling, grammar and punctuation.
Avoid items that contain more than one question per item
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Provide a prompt, courteous and knowledgeable response to all customer
enquiries.
Equip our staff to provide customers with an excellent standard of service
Enable our customers to provide feedback easily, through complaints,
customer surveys, etc
Use customer compliments, comments and complaints to drive improvements
to service
Improve the speed, quality and consistency of response to enquiries by having
our information in a format that can be easily accessed
Customer-centric attribute
Customer care
Customer focus
Customer service training
Communication
Customer relationship management software
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Ask for feedback
Quality control
Creating customer delight
2.6) Promotional activities done by Reliance trends for driving more customers
into the store:
Reliance trends is doing different types of promotional activities with a main aim of
bringing in more customers into the stores.
Media plan
Leaflets distribution & balloon distribution
Guess the price challenge
Event plans
Trend stylish
Seasonal offers
Sponsoring college fests and corporate launches.
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CHAPTER-3
DEPARTMENTAL STUDY
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3.1) Area of study
Retail wouldn't exist without customers. This concept is ingrained in every aspect and
role of retail, and HR is no different. HR can set the tone for the customer experience
through maintaining a base of service-oriented, trained and engaged employees. Here
are the three C's that HR shapes for the retail industry:
• Culture. Creating processes and policies that support employees and enable them to
perform their jobs with minimal barriers will encourage employees to create an
environment where the customer experience is optimized.
. Capability. Getting a team of people quickly up to speed and able to serve customers'
needs includes training in both soft skills (communication, customer service, conflict
resolution, coaching) and technical skills (point of sale systems, inventory systems,
financial metrics, merchandising).
Responsibilities of HR in Retail
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Just as in any industry, human resources plays an important role in hiring, onboarding,
and training new employees, but their duties stretch beyond that. Let's take a look at
some of the responsibilities of HR in retail.
Hiring and Onboarding :HR is responsible for hiring and onboarding new
employees. These are important times in an employee lifecycle; the candidate and
onboarding experiences often have a lasting impact on an employee's engagement and
productivity.
Since it's difficult to hire in the retail industry, you may have to approach things
differently than you normally would. When evaluating candidates, pay attention to
their attitude and willingness to learn. Often, the best employees are the ones who
come in with little experience and learn as they go. Building up your employer brand
is also a great way to find better talent- when people are excited about the brand,
they're more excited about becoming a part of the team.
Responsibilities include:
• Tracking turnover to determine hiring needs Posting jobs to job boards and the
company career page
• Screening candidates
• Conducting interviews
Training
In the retail industry, there are many different types of training that have to happen.
Corporate leaders, employees working in-store, and warehouse workers all need to
receive appropriate, job-specific training. Because of the high level of turnover in
retail, it can be tempting to focus entirely on hiring new employees and neglect
training current ones-but don't! Offering proper training will help employees fulfill
their job responsibilities more effectively, benefiting the business in the long run.
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Responsibilities include:
The number of customers in stores varies throughout the year, which can make it
difficult to know how many employees are needed at any given time. HR is
responsible for building schedules that take employee's needs into account while also
making sure there are enough workers to keep things up and running. To do this, you'll
want to track data over time, analyze it to determine patterns, and create schedules
around those patterns.
Responsibilities include:
• Determining how many seasonal employees to hire during the holiday season
. Creating a system that allows people to swap shifts if they can't work during their
scheduled time
Retail is fast-paced, customer-facing and ever- changing. The nature of retail itself
drives significant challenges for HR professionals. The paragraphs below detail just a
few of the challenges specific to HR leaders in the retail industry.
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Many retailers experience "seasonality" in their sales. For example, there is typically
a peak for the three months preceding Christmas followed by a sharp decline in sales.
As a result, many employers elect to hire "temporary" or "seasonal" workers.
Engaging and getting the best out of employees that know they will be gone in three
months can be very different from working with employees who intend to stay year-
round. Many employees can be hired part-time and work shifts that don't coincide
with yours. Create ways to connect with employees you may not see regularly through
technology (or maybe a written note) to ensure they are doing well and are
appreciated.
Retail work doesn't often require much experience. Frequently, in fact, there is no
experience requirement. Retail is often an employee's first job. This adds a certain
complexity to the role of the HR professional in terms of onboarding. You will be
responsible for teaching the employees expected behaviors at work (how to show up
on time, how to dress, how to greet a customer or answer a phone) that extend beyond
the tasks associated directly with the actual job they were hired to do.
Theft
"Shrinkage" is the term retailers use for theft. Theft can happen either internally or
externally. According to Shopify.com, shoplifting is the single largest cause of theft.
Types of theft include return fraud, employee theft and administrative errors.
Safety
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Safety is everyone's role. HR's role is to ensure that it's addressed as a part of
onboarding and that the policies and practices to maintain a safe working environment
are upheld at all times. Many retail employees have lifting requirements and simply
move around more than employees in other lines of work, so the chances for injury in
retail tend to be higher than in office or administrative capacities. Failing to manage
safety in the workplace can lead to costly workers' compensation suits and, worse yet,
serious personal injury.
When prioritizing tasks, focus on how you can impact the three C's: customer
experience, culture and capability. Attracting and hiring the right talent will have the
greatest impact on the three C's, so begin by making it as simple as possible for
candidates to apply. What is your application process like? Is it quick and easy?
Then, once you get new employees through the doors, pay attention to the following
elements of their employee experience.
Learn from your vendors the easiest method to train on the systems you use. Provide
your employees with helpful "cheat sheets" on how to perform common or frequent
transactions and include who to call for a list of commonly occurring issues. This may
include return or exchange processes or shipping merchandise. It may also include
how to sell or redeem gift cards or remove merchandise from inventory.
Create a short training plan for what the employee should become proficient in during
their first week, two weeks, month and beyond. This can be done in the form of a
checklist and provided to the employee. Assign them a training buddy and provide the
checklist to them as well.
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Don't wait for 90 days to have your first check-in with a new employee. Do it as early
as possible. Consider an informal chat at the end of their first full shift or first full
week. Create a written 30-day check-in that includes questions like "Have you been
provided with the tools you need to do your job?" "What are you enjoying about
working here?" "What can we do better?" How they experience their job will be
mirrored in how customers experience your store.
The human resource department is the most important assets of an organization. The
success or failure of any organization is largely dependent on the caliber of the people
working therein. Without positive and creative contribution from people, organization
cannot progress and prosper. That is why HR department is responsible for the proper
growth of any organization.
HR department in reliance retail have different parts which are operated by different
people and guided by the HR HEAD.
2. Recruitment and Selection: Recruitment based on two methods that is internal &
external.
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The due like any stationary, office equipments, bill dues, loan,etc are cleared in HR
operation department.
5. HR Compliances
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RFID tag cleaning machine used to refresh tags
Billing, banking, credit note and replacement all these comes under commercial part
of retail industry.
3). Visual merchandise: Visual Merchandising is the art of presentation, which puts
the merchandise in focus. It attracts and educates the customers and finally convert
Fixture
Ultimate tabel
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into the selling process. It creates aspiration to the customer, which excites their
interest and influences their buying behavior.
CREATIVE PRESENTATION
BILLING COUNTER
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Some relevant picture presentation of retail industry
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OFFER POLICIES ADV.
FIRE SAFTEY POINT
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SENSORMETIC GATE
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MANNEQUINS
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4).Customer relationship management: Customer service associate, Customer
service desk, Net promoter score ,telecalling, Customer complaint service/ Custom
complain.
ROMA is portal used for customer complain service in reliance retail industry.
Report of current sales, bills,product bricks can be available on Jio RO office.
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A JIO online shopping is also work under reliance trends.
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STORE GUIDE
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CHAPTER-4
WORK/ASSIGNMENT/TRAINING
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4.1) RESEARCH METHODOLOGY
In order to cope up with the emerging challenges due to tough global competitions,
the way out for this is to produce quality products at reasonable prices. This is possible
only through an organization culture of quality consciousness and enhanced
productivity. Optimal utilization of resources especially the human resources are one
sure way of meeting this objective. That's why proper induction of an employee is
very important.
The topic selected for the study is "A study on Human Resources Management on
Reliance Trends. The main theme of the project is the analysis and interpretation of
practices of the employees using Human Resources as a tool.
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performance of the subordinate, rectifying performance deficiencies
and to set new standards of work, if necessary.
Provide information to diagnose deficiency in employee regarding
skill, knowledge, determine training and developmental needs and to
prescribe the means for employee growth provides information for
correcting placement.
The scope of the research is very vast; however the total time period available was
very limited for the purpose of the study observation, analysis and conclusion. Second
important thing is on account of ethical and moral obligation of a manager disclosure
of all pertained and particular policies has got limitation because of his positional
accountability and responsibility,
Main objective
To find the relation and effect of Human Resources Management with organization
effectiveness. Fragmented of the following parts:
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To identify compensation salary increment policy adopted by this
organization.
Firstly it was a very good experience to work and learn with a world class for
one months as it was my first step into the corporate world.
• When I saw my senior people doing each & every kind of work I came to
know how much important is each & every work. Maintaining files in
systematic manner with each & every detail is very important, if not done it
hinders the work whenever these are required for reference in medical claim
formalities, appraisal etc.
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I also learned how much the values and culture of the organization
impacts the employees productivity. Like here the Seniors were
approachable in nature, I felt an open culture.
I have also learnt that a HR person should be very polite, soft spoken
& good in handling people. Co-ordination with all departments is very
necessary.
RESEARCH DESIGN
1. PRIMARY DATA
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The primary data are those, which are collected afresh and for the first time,
and thus happen to be original in character. The data on the required
information is collected from actual persons using the product/ services. This
data is more suited for the objectives of the project.
2. SECONDARY DATA
The data which have already been collected by someone else or taken from
published or unpublished sources and which have been already been passed
through the statistical process.
1. Gender
Particulars Frequency Valid%
Male 28 56.0
Female 22 44.0
Total 50 100.0
28
44
22
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Analysis:
From the above table and the pie graph it is clearly observed that the number
of males entering into the reliance trends stores are more when compared to
that of females. But from the taken sample of 50 respondents, the number is
quite same.
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Interpretation:
From the taken sample of 50 respondents the number of males is higher than
the number of females but the number is quite same, so reliance should not
neglect on any gender as both are entering into the stores in almost same
numbers.
2. Staff was available in a timely manner.
Staff availability
8 11
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Analysis: More than 60% of the respondents agreed that staff was available to assist
them in timely manner and 22% of respondents have strongly agreed and just 16% of
respondents disagreed.
Interpretation:
From the above data it is clearly understood that very few customers feel that staff
was not available in timely manner and the maximum of the respondents feel that staff
was available.
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3.Where do customer usually shop for if not reliance trends
30
25
20
15
10
5
0
Analysis:
From the above data it is observed that 26% prefer shopping in max, 24% prefer to
shop in brand factory, 16% in Mega mart, 14% in pantaloons, 12% in lifestyle and 8%
in other types of retail apparel stores.
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Interpretation:
From the above analysis it is very clear that we can consider Max and Brand factory
as the close competitors of Reliance trends, Megamart and Pantaloons are also
considered as the competitors. So, Reliance trends can concentrate on doing
promotions better than its competitors for attracting more customer
Reliance Retail reported a revenue of over 2.6 trillion Indian rupees in fiscal year
2023. This was a significant increase compared to the fiscal year 2017. This figure
made the Reliance Industries- owned retail business one of the highest earners within
the group, after
refining.
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4.3) FINDINDS AND RECOMMANDATION:
CHALLENGES OF HR:
As retailers in India weather the economic challenges and prepare for competition
from new players, it is evident that sharpening their talent portfolio will be critical to
succeed. The key task for HR is to help shape a highly skilled, en- gaged and
productive workforce and to discover newer sources of effective talent. In an industry
that is characterized by enormous flux, change seems to be the only constant. HR's
challenging role, then, is to pre-empt industry trends, identify future business needs
and create a pool of future-ready talent.
Evidently, the challenges are many and there is no one- size-fits all formula for
success. A lot depends on how pro- actively firms pick up the warning signals. As
globalization and shifting consumerism continues to affect the retail environment, a
number of critical HR pressure points directly support profitability, including:
Recruiting employees
Retaining the customer
Retaining the employee
Organizational reputation and branding
High Turnover
Retail is notorious for having a high rate of employee turn- over. This means
employees routinely come and go, which poses several challenges. Training and
developing are difficult, time consuming and constant if you constantly have to recruit
and hire new people.
Diversity
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How- ever, From an HR challenge is to manage diversity to avoid major conflicts and
promote a spirit of tolerance, teamwork and collaboration.
Misconceptions
Seasonal Demand
Retailers often experience seasonal demand fluctuations. Retailers often try to add
temporary staff during these times. They often wind up with fewer skilled and trained
workers who might not have the tools to best serve customers. These workers can also
alienate regular staff that must pick up the slack..
Building Capability
The store supervisor or manager is often young and inexperienced and has several
young store executives reporting into him. HR holds the responsibility for building
the capability of these young supervisors to lead and motivate their teams.
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During the study of the project I observed different functions of the HR Department.
I got the knowledge about the different types of HR Policies functioning in the
organization.
I also got knowledge about how the organization is following their values in a
very sincere way.
The emphasis is on providing proper working environment to their employees,
so that the employees can work efficiently & smoothly.
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RECOMMENDATION:
The HR needs to come up with new initiatives for the welfare of the staffs. They
should provide recreational facilities to them, at-least once in a month the HR needs
to interact with every individual employee and address to their personal issues, and
need to highlight the same to the management. The HR also needs to be involved
with the team, understand the effort they are putting in while working for extra hours,
around fifteen to eighteen hours. The HR's job is a tough job as he has to cater to
employees coming from different background, with different grievances or queries,
need to be able to reply or solve them very positively without creating any imbalance,
thus creating harmony. At times it becomes very difficult for an HR to handle such
situations. Experience and everyday learning makes one perfect in this field. One
needs to be personally very strong as an individual to handle this role otherwise tend
to lose very early. HR's who have joined as executives and then get promoted as
managers in the Corporate office after getting exposed to tremendous knowledge and
experience in handling employees. They have then started training; mentoring and
guiding the sales team on the shop floor.
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4.4) CONCLUSION
Therefore, the retail sector in India has been defined by experimentation, risk-taking,
trial-and-error methods. Its manpower intensive nature and unique requirements have
resulted in human resource considerations taking on para- mount importance for the
sustainable growth of the sector.
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SUGGESTION
The Retail Industry is a Service industry and people are its most critical
resource.
It has built a very competitive environment
People management is very critical as it involves cost and revenue generation.
In India, it is a growing industry.
Provides employment to large numbers of people Skill set required varies as
it involves both skilled and unskilled manpower HR deals with HRM and.
covers all the technical areas.
b. Transferring people
Listed down are critical success factors for an HR proffessional in the retail industry.
These included the following:
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Flexibility and ability to deal with ambiguity Creativity and innovation
RELIANCE HR POLICIES
WORK ENVIRONMENT
RECRUITMENT POLICIES
EMPLOYEE RELATIONS
ATTENDANCE AND LEAVE POLICY
DRESS CODE POLICY
ALCOHOL AND DRUGS ABUSE
All these above discussion of suggestion part of report should be carried out
with sincerity and integrity and should be performed well so that it will reduce
or enhanced productivity of reliance trends.
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4.5) ANNEXURE
Name:
Gender: Email:
Occupation:
Age Group:
Mobile:
2. Are you happy with the location of Reliance trends stores in the city.
(a) Yes (b) No
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4. Staff was available in a timely manner
(a)Strongly agree
(b) Agree (c) Strongly disagree
(d) Disagree
8. The offers available in the store are good value for money.
(a)Strongly agree
(b) Agree
(c) Strongly disagree
(d) Disagree
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10. How do you rate your experience in Reliance trends with regard to
1) Customer service
a) Excellent
(b)Good
(c)Average (d) Fair
(e) Poor
2) Easy navigation
a) Excellent
(b)Good
(c) Average
(d)Fair
(e) Poor
3) Visual Merchandising
a) Excellent
(b)Good
(c)Average
(d)Fair
(e) Poor
4) Billing counter
a) Excellent (b) Good
(c)Average
(d)Fair
(e) Poor
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Some questions related to human resource department
Any suggestions or comments on how trends can give you a better shopping
experience.
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4.6) BIBLIOGRAPHY
o https://relianceretail.com
o http://www.ril.com
o https://www.ambitionbox.com
o https://startuptalky.com
o https://www.researchgate.net
o https://www.retaildogma.com
o https://in.indeed.com/cmp/Reliance-Retail/about
o https://blogs.sap.com
o Statista.com
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