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MBA Project Report - 2023 Pankaj NEW
MBA Project Report - 2023 Pankaj NEW
At
Dr. B.V. Hiray College of Management & Reasearch Centre
Malegaon 423203
1
DECLARATION
I declare that this submitted work is done solely by me and to the best of my knowledge;
no such work has been submitted by any other person for theaward of post-graduation.
I also declare that all the information collected from various secondary sources has
been duly acknowledged in this project report.
PLACE: MALEGAON
2
CERTIFICATE
Place: MALEGAON
3
N.B.SUGARS 8 PflARNACEUTlCALSLTD.
Manufacturers of Sucrose IP, BP, EP, USP, JP
Sucrose - Special particle size, Sugar Spheres / Pallets,
Globules Compressible Sugar (DC) & Spray dried mannitol
Lodha Bhuvan, Malegaon - 423203 Dist.Nasik (M.S.) INDIA
Date 5/10/2023 Tel. : + 91 - 2554 - 251885, 86, 93, 94, 95
CIN : U15420MH 1996PLC096832
http://www.mbsugars.com I e-mail mbho@mbsugars.com
GSTIN : 27AABCM2351 A1Z3
Certificate
TO WHOM SO EVER IT MAY CONCERN
This is to certify that PANKAJ RAMESH CHAUDHARI, a student of Dr.B.V.Hiray College
of Management & Reserch Center Malegaon Pursuing his M.B.A.has under gone his project in
our HR Department on “To Study the Marketing Insights at our M.B.Sugars & Pharmaceuticals
Ltd" , Malegaon ,f'Jashik as a part of his educational curriculum from 1/08/2023 to01/10/2023.
During the above period he was found to be very sincere in his work and his performance was found
to appreciable.We wish him all the best in all his future endeavors.
Branch : H-8, APMC Masala Market-I, Phase-II. Vashi, NAVI MUMBAI - 400 705 (MS) INDIA I Tel : 022 - 27881476, 79 I email : mbmum@mbsugars.com
ACKNOWLEDGEMENT
My debts are many and I acknowledge them with much pride and delight. This project
Report was undertaken for the fulfilment of MBA Programme pursuing at DR.B.V.HIRAY
COLLEGE OF MANAGEMENT & RESERCH CENTER
(PANKAJ R CHAUDHARI)
5
TABLE OF CONTENTS
2 INTRODUCTION
SUGAR INDUSTRY
STATEMENT OF PROBLME
DATA COLLECTIONS
3 REVIEW OF LITERATURE
4 COMPNAY PROFILE
7 FINDINGS
QUESTIONNAIRE
BIBLIOGRAPHY
6
CHAPTER NO.1
EXECUTIVE SUMMARY:
Established in the year 1996, we, M. B. Sugars & Pharmaceuticals
Limited, are engaged in manufacturing, supplying, exporting and
wholesaling broad array of Pharma Grade Sugar (Sucrose), Sachets and
Cubes. Under the offered array, we have Icing Sugar Sucrose, Pearl Sugar
Sucrose, Analytical Reagent Sucrose, Double Refined Icing Sucrose and
Fine Castor Sugar Sucrose. In addition to this, we have Icing Silica Sucrose,
Sugar Spheres Sucrose, Laboratory Reagent Sucrose, Double Refined
Sugar Sachets, Fondant Icing Sugar Sachets and Compressible Sugar
Sachets. The demand of offered sugar is high as these are processed as per
the IP, BP, EP, USP & JP standards. To ensure the same, we make use of
best grade ingredients in the processing of offered sugar. To ensure the
quality of ingredients for offered sugar, we source these from the most
trusted vendors of the industry and check these prior to use. Further, after
the completion of the processing process, we make the offered array of
sugar pass a quality test to ensure it is hygienically processed, pure, have
longer service life and is in crystalline nature.
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INTRODUCTION:
8
ABOUT FUTURE STRATEGIES FOR GROWTH:
9
OBJECTIVE OF THE STUDY
To find out the new ways to increase the profit of the company.
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SCOPE OF THE STUDY
Through this study we can know about the growth of the MB Sugar &
Pharmaceuticals Ltd.
This study will also help to the company to know about their new
concepts position in the market.
This study will also help to the company to know about its promotional
activities.
Through this study company will know about the availability of its
products in the market.
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STATEMENT OF PROBLME
The main problem of this study is how the company design future
strategy plan for the growth.
How they can implement the designed plan according to company policy.
What kind of marketing activities need to follow for the growth of the
company?
Future strategies for the growth of the company are not properly
implemented.
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DATA COLLECTIONS
Research included collecting both primary and secondary data.
PRIMARY DATA is the first hand data, new data gathered to help solve
the problem at hand. Data is collected personally for the specific project
through research. Questionnaire was prepared to gather information on the
company marketing and services.
SECONDARY DATA is the is the second hand data collected by
someone else with is gathered through internet, publications, articles,
company books, etc.
DATA COLLECTION:
The data collection method used was none other than survey method
which is usually incorporated for collection of raw information. The
survey method is advantageous because it helps to collect a great deal of
information about an individual respondent.
Survey:
The type of survey undertaken was that of sample type keeping in
consideration the time constraint and paraphemalic, besides the viability
of census survey. The sample survey thus being taken to the right path to
reach the desired destination was carefully planned to convert of the
operation by using selected samples.
Statistical Tool:
The tool for obtaining the information was questionnaire. A structured
questionnaire was administered. The questionnaire was designed in the
view both major and minor objective of study.
Sampling:
With the customer being unknown and given the time and resource
constraints random sample was obtained from different people.
Data completion and analysis:
After the data was collected, it was tabulated and findings of the project
were presented followed by analysis and interpretation to reach certain
conclusions.
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LIMITATION OF THE STUDY
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CHAPTER NO.3
REVIEW OF LITERATURE
1. Product –
2. Price –
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4 Stages of Product Management as part of Marketing Process:
Identification of Opportunity –
Once the product is launched the company needs to manage the life
cycle of the product through its various stages such as – introduction,
growth phase, cash cow stage, and finally decline stage.
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Product Line Planning Decision:
There are three major product line planning decisions that Sugar
Industry can take – Product Line Breadth decision, Product Line Length
decision, and Product Line Depth decisions. Some of the considerations
that marketing managers at company name need to take while making
product line decisions are –
1. Will the product will be viewed completely different from the existing
products of the firm and how much is the risk of cannibalization of the
present brands by a new brand.
2. How the new product brand launch will impact the overall brand equity
of the Sugar Industry present brands and products. For example often
launching a no frill product may end up impacting the image of the
company as an innovator in the field. This is one of the reason why Apple
stopped selling its plastic phones as it negatively impacted the image of
the company as a deliverer of superior hardware products.
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Product Line Breadth Decision for Sugar Industry
As the position of Sugar Industry in its industry well established it can
expand to the adjacent segments where the customers are using
complimentary products from other brands to get the maximum value out
of the products.
2. Sugar Industry can try to reposition the products from the existing
brands within one line.
3. Sugar Industry can think of ways - how features and value can be added
to existing brands that help them in consolidating and increasing their
market position.
4. Sugar Industry can introduce a new brand in the existing product line or
it can strive to establish a whole new product line.
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Pricing –
Pricing is a highly complex activity and we will cover only a very
limited aspect of what goes into pricing decisions. To a large extend
pricing depends upon the other 3Ps of marketing – product, place and
promotion. Conceptually perceived value is the maximum price a customer
is willing to pay for Sugar Industry product in the given competitive
context.
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customers can have initial product experience at an accessible price. GoPro
use this strategy extensively.
Pricing Recommendation
Based on the evidences at hand – we can choose the following pricing
strategy
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Indirect Distribution System – Sugar Industry including channel partners
such as wholesalers, retailers, logistics companies, and distribution
agents.
2. Channel Management
Channel management is about managing various power centers within the
delivery system and managing them based on bargaining power of each
player in the value chain. The channel management from marketing
perspective can be done considering three critical aspects –
Per Unit Cost of Stocking – If the cost is high then Sugar Industry needs
channel partners which can pool in resources. Otherwise Sugar Industry
can do the operations on its own.
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Promotion - Marketing Communication
Promotion Mix or Integrated Marketing Communication strategy is a
mix of various promotion tools that are at disposal of Sugar Industry.
They are – Advertising, Sales Promotion, Personal Selling, Public
Relations, and Direct Marketing.
Sugar Industry can use all these five communication tools to persuasively
communicate to customer – existence of the product, price of the product,
differentiating features of the product, places where people can buy the
products, and finally how consumers can effectively use the products or
services.
Market –
The target segment – current or potential, at which the marketing
communication efforts are aimed at.
Mission –
What are the goals and Key Performance Indicators of the marketing
communication strategy?
Message –
What are the specific aspects – brand awareness, product features etc,
that Sugar Industry wants to communicate to its target customers.
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Media –
Which are the most effective media vehicle that Sugar Industry can
use to convey its message to its target market.
Money –
Like all other organizations, Sugar Industry has limited marketing
resources so it has to figure out how it needs to spend to get the best
outcome based on specified objectives.
Measurement –
How the promotion campaign impact is measured. It can vary from
brand to brand within the organization. For example – new product
campaign can be measured on spreading brand awareness, while existing
product marketing campaign can be measured on repeat purchase or
product recall.
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CHAPTER NO.4
COMPANY PROFILE:
25
PRODUCTS:
Refined Sugar
We are a reliable organization engaged in manufacturing, supplying,
exporting and wholesaling a broad array of Pharma Grade Sugar (Sucrose),
Sachets and Cubes. The offered sugar is processed as per the globally laid
quality norms by utilizing high grade ingredients that are sourced from
most trusted vendors of the industry. Prior to dispatch, we make the offered
sugar pass a quality test to ensure it is able to meet the expectations of
patrons. Overview of the products is given below:
Specialty Sugars
Providing you the best range of icing sugar, white sugar cubes, refined
sugar sachets, demerara sugar sachets (brown), castor sugar and roll n
mould (sugar paste) with effective & timely delivery.
Icing Sugar
MB Icing Sugar is a product that meets international standards. Use of
it enhances the taste of cakes & pastries. Sparkling white & free flow
powder. MB Double refined Icing sugar adds transparency to icing, giving
it a smooth look.
White Sugar Cube
Easy to use MB Sugar Sachets are filled with double refined sugar. It's
an unbeatable combination of purity, hygiene and convenience.
Easy to handle in transit and quickly soluble than ordinary sugar. One
sachet gives sweetness to one cup of tea or coffee. Customized sachets can
enhance the status of your organization.
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Demerara Sugar Sachets(Brown)
MB Demerara sachet contains natural light brown sugar which is
completely free flow. This sugar is not only rich in nutrients but it adds
colour and flavour to your coffee & other beverages.
Castor Sugar
Leveraging on the support of our sound infrastructure, we are engaged
in offering Castor Sugar, which is white and in the form of fine crystal. The
offered castor sugar is widely demanded as it is free from moisture &
bacteria free, melts easily, soluble and has a longer shelf life. Offered castor
sugar is used for Cakes, Biscuits, Cookies and other desserts.
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Fondant iceing sugar
Fondant is a thick, creamy white sugar mass used in different forms
for decorating cakes and cookies with; it can be rolled and draped over a
cake, poured as a glaze or sculpted with. Fondant is also the basis of many
candies -- it is the center of a piece of a chocolate buttercream candy or
pecan logs. It can also be used as a thick creamy, sugary filling that gushes
out of a chocolate-covered cherry when bitten into. Fondant originates from
the word "fondre" which means to melt named so because it melts in your
mouth when eaten. So it is applicable to Bakery & Food Industry.
Description
Very fine white powder, free flowing and free from lumps and foreign
material
80% passing through 200 mesh ASTM (75 Mic)
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Pharma Products:
Sugar Globule
Sugar Globule that we provide are prepared from 100% pure Sugar.
These Globules are round in shape and white in color. The Sugar Globules
are provided in high-quality packaging materials. These Homeopathic
Globules are chemical free and unmedicated.
Technical Documentation Supplied
Each product batch with COA (Certificate of Analysis) accompanied by
any of the following declarations demanded Free from GMO, OVI, Gluten,
Latex, Dioxin, antioxidant & preservative declaration.BSE / TSE
Compliance declaration, declaration that no ionizing rays used.
Sugar Spheres
With firm commitment to quality, we are engaged in offering high grade
array of Sugar Spheres. We make use of optimum quality ingredients,
sourced from reliable vendors of the industry in the processing of offered
sugar sucrose to to ensure it is in-line with international quality norms.
Sugar Spheres/ Pallets
Neutral micro granules based on sugar & cornstarch
Used in pharmaceutical industry
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Sucrose Powder
To ensure the satisfaction of patrons, we are engaged in offering
premium quality Sucrose Powder as per the given details. By carrying out
the continuous screening of crystal sucrose, we ensure that the offered
sucrose conform to USP, EP, BP & IP standard.
Features: Pure, Dry, Coarse, Clear
Pharma Sugar
With sincerity and hard work, we have carved a niche for ourselves in
this domain by offering high grade array of Pharma Sugar. Our
professionals carefully process the offered reagent sucrose to ensure these
are pure, crystalline, have perfect texture and can be used for analytical
preparations in laboratory where purity is demanded. Features:
Safe for consumption
Excellent quality
Hygienically processed
Compressible Sugar
We are widely recognized for offering premium quality Compressible
Sugar (D C Grade). Offered sachets have quality assured sugar that is
processed by using best grade ingredients with the assistance of quality
controllers by co-crystallizing and drying, followed by screening.
Description
Compressible Sugar is a sweet tasting, white crystalline powder
Features
Free flow
Non-hygroscopic & non-reactive with most of fine chemicals
Rapid solubility
Lubricating quality
Facilitating desired hardness
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Mannitol Spheres
We are offering our reputable clients, high quality Mannitol Spheres
that is widely used in various applications like medical, food and many
more. Our trusted vendors process this product at their production unit
using finest quality chemical compounds under the observation of their
experts. Our clients can avail this product in various packaging options as
per their requirements. The offered Mannitol Powder can be purchased at
industry leading prices.
Features:
Purity
High effectiveness
Long self life
Sucrose A R
With sincerity and hard work, we have carved a niche for ourselves in
this domain by offering high grade array of Sucrose A R. Our professionals
carefully process the offered reagent sucrose to ensure these are pure,
crystalline, have perfect texture and can be used for analytical preparations
in laboratory where purity is demanded.
MCC Pellets
Our prominence in this domain has helped us come up with quality
MCC Pellets. These products are prepared by the experienced professionals
following the sucrose coating process. Our offered range of these products
are drug-free and are processed using quality ingredients.
Features
High mechanical stability
Narrow particle size distribution within the requested size
Good sphericity
Excellent flow ability
Advantages
Using the coating technology, a specific quantity of drug is sprayed on
the pellets
The final product assures uniformity of dosage
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Sugar Free
For calorie conscious and diabetic people, MB offers a healthier
alternative to sugar. MB Lo-Cal is made from Aspartame- a protein
derivative. MB Cal-con contains Sucralose which is a new molecule made
from sugar but has no calories. Both are ideal low calorie substitutes which
gives you taste of sugar without any calories. So enjoy the sweetness. Don't
worry about calories and remain healthy and fit.
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CHAPTER NO.5
Research Design:
Research design means adopting that type technique of research
which is most suited for the research and study of the problem. For the
study and the research of the problem proper material has to be selected and
collected for the investigation.
“A research design is the arrangement of conditions for collection and
analysis of data in a manner that aims to combine relevance to the research
purpose with economy in procedure.”
It was necessary to interact with the Marketing Managers and Strategy
Planners of the company. A questionnaire had to be designed to collect
valuable information from the different groups. The questionnaire which
was designed suitably to
meet the objective of research work.
Nature of Research:
In this project report I have undertaken quantitative type of study.
Sampling Size
101 to 500 People Employees of MB Sugar & Pharmaceutical Ltd.
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CHAPTER NO.6
DATA COLLECTION:
Sector Importance:
The sugar industry is a sector of significant importance to the national
economy. While sugar consumption has been growing over the years, the
production has been cyclical. Currently, the sugar industry is regulated
across the value chain from production to end consumer. Investments to
generate by-products are at a nascent stage, and the sector has struggled to
generate a return on invested capital in excess of its cost of capital in most
years, primarily due to a high mandated fixed cane price and a volatile sugar
price.
Sugarcane is primarily grown in nine Indian states: Andhra Pradesh,
Bihar, Gujarat, Haryana, Karnataka, Maharashtra, Punjab, Uttar Pradesh
and Tamil Nadu. More than 50 million farmers and their families are
dependent on sugarcane produce for their livelihood. The sugar industry
caters to an estimated 12% of rural population in these nine states through
direct and indirect employment. Effectively, each farmer contributes to the
production of 2.9 metric tonnes of sugar every year.
The sugar industry is a green industry and is largely self-sufficient in energy
needs through use of bagasse for generating electricity and steam. In fact,
the sugar industry generates surplus exportable energy through
cogeneration and contributes in reducing the energy deficit that India is
currently facing. The sugar industry is also the primary source of raw
material for the alcohol industry in India. The annual economic
contribution of the sugar industry to the exchequer through indirect taxes
amounts to more than INR 2800 Crores.
The sugarcane price accounts for approximately 70% of the ex-mill sugar
price. However, fundamental changes in the consumer profile and the
demonstrated ability of the sector to continuously ensure availability of
sugar for domestic consumption has diluted the need for sugar to be
considered as an essential commodity. According to a recently conducted
nation-wide survey, nearly 75% of the total non-levy sugar is consumed by
industrial, small business and high income household segments.
34
International Scenario:
The Indian sugar industry also has a significant standing in the global
sugar space. Like in Brazil and Thailand, the sugar sector is highly
regulated in India too. Since 1993, the regulatory environment has
considerably eased, but sugar still continues to be listed as an essential
commodity under the Essential Commodity Act. There are regulations
across the entire value chain, which includes land demarcation, sugarcane
price, sugarcane procurement, sugar production and sale of sugar by mills
in domestic and international markets.
36
CHAPTER NO.7
FINDINGS
As per the above data analysis the findings are as below:-
Objective of the company is very clear and most of the employees are
agree with this.
37
CHAPTER NO.8
RECOMMENDATIONS
38
QUESTIONNAIRE:
Yes
No
Not Aware
Yes
No
Not Aware
Yes
No
Not Aware
Yes
No
Not Aware
Yes
No
Not Aware
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6. What do you think about the Pricing, Positioning and Branding of
the company?
Very Good
Good
Average
Yes
No
Not aware
Yes
No
Not aware
Yes
No
Not aware
Yes
No
Not aware
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MY PERSONAL EXPERIENCE _ WHILE DOING THE MARKE SURVEY ,I EXPERINCED THE REAL MARKET. WHEN
WE FEEL DOING MARKETING IS EASY JOB OR ANY EASY TASK BUT THE FACT IS MARKETING TEACHES YOU
EVERYTHING ABOUT THE PRACTICAL LIFE AND REAL STRUGGGLERS.WHEN WE ACTUALLY STAND N THE
MARKETING FIELD WE ARE JUST A SIMPLE EMPLOYEE SERVING THE WORLD AND DOING OUR DUTY TO DO
THE RESEARCH . THE MAIN THING WHICH COMES IS INTERACTION AND COMMUNICATION WITH THE REAL
CUSTOMERS DOING THIS WHILE SITTING IN THE OFFICE AND DIGITALLY IS WAY DIFFERENT THAN BEING IN
THE ACTUAL MARKET AND INTERACTING WITH AUDIENCE .THAT‟S WHAT I EXPERINCED IN THIS 60 DAYS
INTERNSHIP PROGRAMME TO STUDY THE MARKETING INSIGHTS AND DEMOGRAPHY.
BIBLIOGRAPHY:
Websites:
http://www.mbsugar.com/
https://en.wikipedia.org/wiki/Sugar_industry
https://embapro.com/frontpage/marketing4pcase/21546-sugar-industry
https://en.wikipedia.org/wiki/Marketing_strategy
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