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Internship On Consumer Behavior
Internship On Consumer Behavior
ON
“AN ANALYSIS OF CUSTOMER RELATIONSHIP
MANAGEMENT STRATEGIES AT RANJITHA
TOOLINGS”
Submitted in partial fulfillment of the requirement for the
Award of the degree of
BACHELOR OF COMMERCE
OF
BENGALURU NORTH UNIVERSITY
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GUIDE CERTIFICATE
PLACE: PLACE:
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DECLARATION
I also declare that this Internship is the outcome of my own efforts and that it
has not been submitted to any other University or Institute for the award of any
other degree or Diploma or Certificate.
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ACKNOWLEDGEMENT
It’s my privilege in writing this acknowledgement to thank all those who gave
their view and suggestion for helping in the completion of my internship at
RANJITHA TOOLINGS. I would like to take this opportunity to convey my
deep sense of gratitude to all those guidance and encouragement, which served
as bacon of light and crowned my efforts with success.
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CONTENTS
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CHAPTER 1:
INTRODUCTION
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INTRODUCTION TO CUSTOMER RELATIONSHIP
MANAGEMENT (CRM) STRATEGIES AT RANJITHA
TOOLINGS
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INTRODUCTION TO RANJITHA TOOLINGS
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components, press tools, and backlite tools. With a relentless commitment to
precision engineering and customer satisfaction, Ranjitha Toolings has emerged
as a trusted partner for industries seeking cutting-edge solutions for their
manufacturing needs.
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CHAPTRE 2:
Description of the
organization
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BRIEF HISTORY OF SECTOR CHOSEN
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manufacturing history, tracing the transformative milestones that have defined
this dynamic sector.
The dawn of the Industrial Revolution in the late 18th century heralded a
seismic shift in manufacturing practices, propelling humanity into a new era of
mass production and mechanization. With the invention of steam power,
mechanized looms, and the advent of factory systems, production processes
underwent a revolutionary transformation, enabling unprecedented levels of
efficiency and scale. This era witnessed the emergence of textile mills, iron
foundries, and mechanized factories, laying the groundwork for the industrial
powerhouse that the manufacturing sector would become.
The early 20th century witnessed the refinement of mass production techniques,
epitomized by Henry Ford's groundbreaking assembly line innovations. Ford's
implementation of conveyor belt systems and standardized production processes
revolutionized automotive manufacturing, dramatically reducing production
costs and enabling the mass production of automobiles for the burgeoning
consumer market. This paradigm shift not only transformed the automotive
industry but also served as a catalyst for advancements in manufacturing across
diverse sectors.
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The Digital Age and Automation
The latter half of the 20th century marked the advent of the digital age, ushering
in an era of unprecedented technological advancement and automation. Rapid
developments in computing power, robotics, and artificial intelligence
revolutionized manufacturing processes, enabling greater precision, flexibility,
and efficiency. Automated production lines, computer-aided design (CAD), and
advanced robotics became ubiquitous, transforming the manufacturing
landscape and reshaping global supply chains.
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NAMES OF THE COMPANY THAT COMES UNDER THE
CHOSEN SECTOR:
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Contribution Of The Industry For The Economic Development
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Supply Chain Linkages: Manufacturing creates linkages with other
sectors of the economy, such as agriculture, mining, and services. For
example, raw materials are sourced from the agriculture and mining
sectors, while finished goods require transportation and retail services.
This interconnectedness strengthens the overall economy and promotes
development across multiple sectors.
Regional Development: Manufacturing industries often establish
operations in rural or underdeveloped areas, leading to regional
development and poverty alleviation. By providing employment and
infrastructure, manufacturing plants contribute to the socio-economic
development of communities, reducing disparities between urban and
rural areas.
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Brief history of the company
❖ DIRECTORS: RANJITHA
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Vision and Mission of the Ranjitha Toolings:
VISION :
To be a leader in manufacturing innovative products that enhance lives
and contribute positively to communities worldwide.
MISSION :
Our mission is to consistently deliver high-quality products through
efficient manufacturing processes, while prioritizing customer
satisfaction, fostering a safe and inclusive work environment, and
promoting sustainable practices for the betterment of society.
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Product profile of the company:
Tower Bolt
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Injection Molding Die Aluminum Die
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Plastic Mould Injection Mold
Tower Bolt: We create sturdy and reliable tower bolts that ensure the
security and safety of doors and windows in homes and buildings.
Die Casting: Using advanced techniques, we craft precise and durable
metal components for various industries, guaranteeing high-quality
products for our clients.
Sanitary Components: We produce essential parts for sanitary systems,
maintaining hygiene and efficiency in bathrooms and plumbing networks.
Aluminum Components: Our expertise lies in crafting lightweight and
durable aluminum parts that serve diverse purposes in different
applications, offering strength and versatility.
Electric Components: We manufacture essential electrical components
that power various devices and systems, ensuring efficiency, reliability,
and safety in electrical operations.
Plastic Mold: Through precision molding techniques, we create custom-
designed plastic components that cater to specific needs, offering
flexibility and cost-effectiveness in manufacturing processes.
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CHAPTER 3:
Experiential learning
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SWOC Analysis
Anytime you have a concept for a business, you can employ SWOC analysis.
Whether it's launching a new venture, a product, or an improved version of one.
Depending on what product or idea you're using SWOC analysis for, you can
conduct it quarterly, monthly, or annually. Either way, if you decide to use
SWOC analysis, keep in mind that it's a very affordable technique to lessen
obstacles and discourage the failure of a company endeavor or product.
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STRENGTHS:
Strong reputation and customer base: Ranjitha Toolings has built a solid
reputation for delivering reliable and high-quality products, leading to a
loyal customer base and repeat business.
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WEAKNESSES:
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OPPORTUNITIES:
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CHALLENGES:
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Learning and Experience:
Understanding Customer Needs: One of the key learnings from the study
was the importance of understanding customer needs and preferences. By
actively listening to customers and gathering feedback, Ranjitha Toolings
gained insights into what drives customer satisfaction and loyalty.
Time Management:
o Effectively prioritize work to achieve sales goals.
o Create a schedule that enables contract closing, follow-ups, and
prospecting.
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CHAPTER 4:
Internship outcomes
and conclusion
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Outcomes of the Study on Customer Relationship Management
(CRM) Strategies at Ranjitha Toolings:
Increased Sales and Revenue: The study found that CRM efforts
positively impacted sales and revenue generation at Ranjitha Toolings. By
targeting specific market segments, nurturing leads, and optimizing
marketing campaigns, the company could drive higher sales and achieve
better return on investment.
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Enhanced Decision-Making: CRM data and analytics provided valuable
insights for decision-making at Ranjitha Toolings. By analyzing customer
trends, preferences, and feedback, the company could make informed
decisions regarding product development, marketing strategies, and
resource allocation.
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CONCLUSION:
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BIBILOGRAPHY:
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