Professional Documents
Culture Documents
Prateek Internship2023
Prateek Internship2023
Om Enterprises.
This is an original work and finds less scope for any other duplication and has not
been submitted for the award of any degree/diploma from any other university.
Furthermore, the report sheds light on the regulatory landscape governing the
veterinary pharmaceutical industry in Bihar. It discusses the compliance
requirements, licensing procedures, and standards set forth by regulatory
authorities. An analysis of Om Enterprises' adherence to these regulations is
provided, underscoring the organization's commitment to maintaining ethical and
legal standards in its operations.
The internship experience at Om Enterprises also provided an opportunity to gain
practical insights into the challenges faced by the organization. This report
explores the internship journey, highlighting the hands-on experiences, learning
opportunities, and professional growth achieved during the tenure. It reflects on the
valuable skills acquired, ranging from market research and data analysis to
interpersonal communication and problem-solving abilities.
In conclusion, this internship report offers a holistic perspective on Om
Enterprises' operations, encompassing both the distribution and manufacturing
facets of their veterinary pharmaceutical business. By delving into the complexities
of the industry, regulatory compliance, and the practical aspects of the internship.
INTRODUCTION TO OJT
Internship program has become the bridge for those who want to enter to corporate
level from the college life, through internship I got to know the real working
environment that was very much different from my course study. During my
internship, I got a chance to work in the department to know about how an
Organization work as a whole. All my experience helped me realize parts like
grouping work, work environment, peering support, carried out in the organization.
Thus, the internship duration provided me with the opportunity to broaden my
knowledge, acknowledge my strengths/weakness that would be more helpful to
shape up my career in the future.
Key Information:
Name: Om Enterprises
Location: Headquarters in Bihar, Manufacturing Plant in Bikram, Bihar
Business Focus: Distribution and Manufacturing of Veterinary Medicines
Annual Turnover: Rs. 2,00,00,000
Manufacturing Capacity: 1 million pills of various varieties per year
Early Days
1.3 - VISION:
Our vision is to provide VT medicines to the cattle's of Bihar and Jharkhand at a
reasonable price with maximum availability. To discover, develop and trade
pharmaceutical products to prevent, diagnose, alleviate and cure disease. To work
and manufacture in alignment with our consumer’s changing wants and needs. We
are dedicated to leveraging our expertise in ethical manufacturing practices and
innovative research to produce a diverse range of pharmaceutical solutions that
ensure the health, happiness, and longevity of animals. Committed to excellence
and sustainability, we aim to continually improve and expand our product
offerings, maintaining our position as a trusted name in the veterinary
pharmaceutical industry.
MISSION:
Our mission is to manufacture and distribute our medicines all across Bihar and
Jharkhand cater the rural market where medicines and medical facilities are not
available. Our mission is to enhance the lives of animals through the development
and production of high-quality, safe, and effective medicines. We strive to bridge
the gap between human and animal health by delivering cutting-edge solutions that
address a wide range of medical needs for companion animals, livestock, and
exotic species. Our mission at Om Enterprises is to enhance animal health and
well-being by developing and manufacturing innovative, safe, and effective
medicines. We are committed to providing the highest quality products while
upholding ethical and sustainable practices. Our goal is to be a trusted partner in
animal healthcare, supporting the welfare of animals worldwide.
1.4 - OBJECTIVES OF OM ENTERPRISES:
Financial Growth and Stability: Aim for a steady increase in turnover and
profitability while maintaining financial stability and prudent fiscal
management.
Ethical Business Practices: Uphold the highest ethical standards in all
business operations, ensuring transparency, integrity, and fairness in
dealings with stakeholders, customers, and partners.
Probust Bolus: A unique combination of lactic acid, live yeast liver extract,
sodium bio carbonate and amino and bolus.
Omiliv forte: ‘Unique combination of silymarin, enzymes with live extract Bolus.’
7. New Client Acquisition: Actively seeking and acquiring new clients and
accounts through targeted outreach, networking, and participation in
industry events to expand the customer base.
Affordable medicines:
Om enterprises produces goods with a proper qualitative raw materials and it
also focuses on selling it in market in decent price and a reasonable price as
their product can be afforded by maximum customers.
Ethical practices:
We are committed to sustainability and environmental responsibility. Our
manufacturing processes are designed to minimize our carbon footprint, and
we prioritize eco-friendly packaging.
Local Community Engagement: Engage in local community programs and
events related to animal health. Conducting workshops, health camps, or
sponsorships in animal-related events can enhance the company's visibility
and show commitment to community welfare.
WORK ASSIGNED-
WEEK-1
WEEK-1
During my first week as an intern at Om Enterprises, I headfirst into this new
experience of the sales department within this vet medicine manufacturing
company. The experience was an exhilarating whirlwind of learning and hands-on
engagement. Each passing day provided a fresh array of insights and experiences,
marking a crucial turning point in my journey.
1-3rd JULY-
I began my internship in the sale department at Om enterprises. This report
outlines my experience, observation and activities during my first day as an intern
in sales department.
When I arrived at the company, I was warmly welcomed by the sales Team. They
provided me with an overview of the company’s history, mission and
organizational structure. This helped me to gain a better understanding of the
company’s values and goals.
On the very first day of internship, we learned about three different products
produced by Om enterprises. Our sales manager told us about the three products
which are produced by the company to animals for their required use and company
get to know so much about different raw materials which will use in the
manufacturing process during the production of that particular products. We
learned how the products produces by Om enterprises and their manufacturing
process and so on. So, we get the work assignment as learning about 3 different
products for sale and we did learned about the particular products. Our sales
manager gave us some brief knowledge about the three products which we learned
on the very first day as an intern for the internship. The name of the products were:
OMILIV FORTE, PROBUST BOLUS and R-MIN FORTE.
5. About products:
OMILIV FORTE:
Omiliv forte is used for the Unique combination of silymarin, enzymes with liver
extract Bolus.
PROBUST BOLUSA:
Probust Bolusa is a unique combination of lactic acid, live yeast liver extract,
sodium bio carbonate and amino and bolus. R-MIN FORTEA medicine which
helps cattle to have a good health which helps to have a good reproductive system
for milk producing Cows.
WEEK-2
WEEK-2
2-4th JULY-
1. SALES DEPARTMENT:
Having already acquired a basic understanding of the product categories the
company offered, I was eager to explore the specifics of the medicines. These
pharmaceuticals played a crucial role in the company's offerings, and gaining a
comprehensive understanding of them was essential for my role in the sales
department. I started the day by engaging with the comprehensive product catalog
that Om Enterprises had developed over the years. The catalog was a compendium
of medicines, each designed for specific animals, ailments, and conditions. There
was a wide array of products, ranging from antibiotics to vitamins, and
supplements to more specialized formulations for treating various animal diseases.
To navigate this extensive catalog, I was provided with a structured orientation led
by a senior member of the sales team. This orientation session served as a roadmap
to the world of animal medicines. During this session, I learned how the products
were organized, their primary use cases, and the unique features of each medicine.
2. ABOUT THE PRODUCTS:
What became evident throughout the orientation was the company's dedication to
quality and innovation. I was introduced to the rigorous quality control processes
that ensured the safety and efficacy of the medicines. The emphasis on product
safety and efficacy underscored the company's commitment to the welfare of the
animals that would benefit from their products. Additionally, the innovation that
went into the development of these medicines was impressive. While the
orientation provided a solid theoretical understanding of the products, it was
essential to complement this knowledge with practical insights.
This was an engaging day. Accompanying the sales team to various order places, I
had the chance to witness the sales process firsthand. It was a fantastic learning
opportunity, observing how orders were taken and understanding the critical
follow-up steps essential for maintaining a strong customer relationship. The day
was filled with interactions, insights, and a firsthand look at the sales pipeline.
18/07/23: Get orders & do promotion, Visited new market places got to know
about the market:
Submitting the follow-up of the sales activities to the sales manager was the key
task for the day. I meticulously compiled the outcomes of our interactions and
activities, putting together a detailed report. It was a great learning experience in
effective communication and how to present crucial information to the sales
manager.
Revisiting the market for further promotional activities was exciting. I continued
engaging with customers, promoting our products, and adapting our strategies
based on direct feedback. Learning to pivot promotional efforts based on real-time
market responses was an invaluable experience.
Today was about maintaining the sales pipeline. I focused on following up on the
previous orders. It was a great chance to understand the importance of consistent
communication with customers and ensuring that orders progressed smoothly.
WEEK-4-
Preparing and submitting the final report was a culmination of the week's
experiences. Receiving remarks and feedback was a moment of reflection. The
feedback received highlighted areas for improvement in my reporting, guiding me
toward a more refined and structured presentation style. It emphasized the
significance of comprehensive and insightful reporting for effective
communication and decision-making. It was a key moment for personal growth
and development, learning to synthesize data into meaningful reports that
contribute to the organization's strategic understanding and decision-making
processes.
This week was a comprehensive journey into the nuances of the sales process and
customer relations at Om Enterprises. Each day was an opportunity for
introspection, learning, and personal development, offering invaluable insights into
customer behavior, operational workflows, and effective communication within a
sales-oriented environment. The feedback received acted as a compass for ongoing
refinement and improvement, contributing significantly to my professional growth
within the sales domain.
TEAM COLLABORATION:
At the end of the day, there was a team debriefing session. This was an opportunity
to share insights and experiences from the field, seek feedback, and discuss
strategies for addressing customer needs effectively. During the debriefing, I had
the chance to share some of the challenges I encountered and the strategies I
employed to overcome them. My colleagues and the Sales Manager provided
feedback and suggestions for improvement. The team collaboration was a
testament to the company's commitment to continuous learning and the value it
placed on the insights and experiences of each team member.
CONCLUSION-
LEARNINGS
Sales Department - here are some key learnings derived from the experience at
Om Enterprises, related to its sales department:
Customer-Centric Approach:
Operational Understanding:
Gaining insights into the operational aspects of order fulfillment, supply chain
management, and logistics within the sales department was crucial. Understanding
the interconnectedness of various departments in fulfilling orders, ensuring timely
delivery, and maintaining inventory levels provided a holistic perspective on
operational efficiency.
KEY LEARNINGS-
Commission Structures:
Payroll Processing:
Gaining insights into the payroll processing system specific to the sales
department. Understanding how sales incentives, bonuses, and commissions are
integrated into the payroll system, ensuring accuracy and timeliness in payment
disbursements.
Sales Performance Analysis:
Learning to link payroll data with sales performance metrics. This involves
analyzing the correlation between compensation, sales figures, and individual/team
performance to make informed decisions on remuneration strategies.
Regulatory Compliance:
Systematic Record-Keeping:
Learning to adapt payroll strategies based on the changing dynamics of the sales
department. Understanding the need for periodic review and refinement of the
payroll system to align with evolving business goals and sales targets.
Market Dynamics and Trends:
Acquiring in-depth knowledge about the various veterinary medicines and honing
presentation skills to effectively communicate product features, benefits, and their
relevance to potential customers.
Learning diverse sales strategies and techniques, such as cold calling, networking,
and negotiation skills. Understanding how to approach different customer types
and tailor sales approaches accordingly.
Gaining skills in analyzing sales data and generating reports. Understanding how
to interpret sales analytics to make informed decisions and drive future strategies.
SWOC Analysis
Strengths
Strengths describe what an organization excels at and what separates it from
the competition a strong brand, loyal customer base, a strong balance sheet,
unique technology, and so on. For example, a hedge fund may have
developed a proprietary trading strategy that returns market-beating results.
It must then decide how to use those results to attract new investors.
Weaknesses
Weaknesses stop an organization from performing at its optimum level.
They are areas where the business needs to improve to remain competitive:
a weak brand, higher-than-average turnover, high levels of debt, an
inadequate supply chain, or lack of capital.
Opportunities
Opportunities refer to favorable external factors that could give an
organization a competitive advantage. For example, if a country cuts tariffs,
a car manufacturer can export its cars into a new market, increasing sales
and market share.
Threats
Threats refer to factors that have the potential to harm an organization. For
example, a drought is a threat to a wheat-producing company, as it may
destroy or reduce the crop yield.
SWOC Analysis for Om Enterprises:
Strengths:
Quality Assurance:
Customer-Centric Approach:
Resource Limitations:
International Expansion:
Specialized Medicines:
Technological Integration:
Market Competition:
Limited Resources:
Customer Education:
Sustainability Initiatives:
As I delved into the company's history, I learned about the challenges it faced
during its early days and the strategic decisions that led to its growth and success.
The establishment of the manufacturing plant marked a turning point, showcasing
the company's investment in cutting-edge technology and its commitment to
meeting the diverse needs of Bihar's livestock population.
While preparing this report for my reference I have used the following
sources for data:-
https://iide.co/blog/swoc-analysis-of-om-enterptises/
https://www.omenterpises.com/in-en/
https://en.wikipedia.org/wiki/Om Enterprises
https://twitter.com/omenterprises?lang=en