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India has often been called a nation of shopkeepers. Presumably the reason
for this is; that,a large number of retail enterprises exist in India. In 2004, there
were 12 million such unitsof which 98% are small family businesses, utilising
only household labour. Even among retail enterprises, which employ hired
workers, a majority of them use less than threeworkers.Retailing is the
combination of activities involved in selling or renting consumer goodsand
services directly to ultimate consumers for theirpersonal or household use. In
additionto selling, retailing includes such diverse activities as, buying,
advertising, data processingand maintaining inventory.While sales people
regularly call on institutional customers, to initiate and concludetransactions,
most end users or final customers, patronise stores. This makes storelocation,
product assortment, timings, store fixtures, sales personnel, delivery and
otherfactors, very critical in drawing customers to the store.Final customers
make many unplanned purchases. In contrast those who buy for resale oruse
in manufacturing is more systematic in their purchasing. Therefore, retailers
need toplace impulse items in high traffic locations, organise, store layout ,
trains sales people insuggestion , and place related items next to each other,
to stimulate purchase.
Department Stores
Discount Stores
Clothing S
stores
Specialty retailers
Convenience Stores
Grocery Stores
Drug Stores
Home furnishing retailers
Auto Retailers
Direct Sales Catalog and mail order companies
Some e-commerce businesses
Such an operation assumes that low price is the most significant determinant
of customerpatronage. The stores in this category price their products below
the market level.Marketing communication focuses mainly on price. They
provide very few services; ifany, and they normally entail an extra charge
whenever they do. The merchandise in thesestores are generally pre-sold or
self sold. This means that the customers buy the product,rather than the store
selling them.These stores are typically located in isolated locations and
usually stock a wide . range offast moving goods in several merchandise lines.
The inventory consists of well knownbrands for which a consumer pull is
created by the manufacturer through nationaladvertising. Local promotion
focuses on low prices. Wal-mart in the United States is anFor example,
Pantaloon Chain or Subhiksha are Indian examples of such stores.
HIGH MARGIN LOW TURNOVER
Form of Ownership
A retail business like any other type of business, can be owned by a sole
proprietor,partners or a corporation. A majority of retail business in India are
sole proprietorships andpartnerships.
Independent Retailer
Retail Chain
Cooperatives
RETAILING DECISIONS
There are many factors for retailers to consider while developing and
implementing theirmarketing plans. Among the major retailing decisions are
these related to (a) Targetmarkets (b) Merchandise management (c) Store
location (d) Store image (e) Storepersonnel (f) Store design (g) Promotion, and
(h) Credit and collections.
Store Personnel: Sales personnel at a retail store can help build customer
loyalty andstore image. A major complaint in many lanes of retailing, is the
poor attitude of asalesperson. There is a growing trend now, to provide
training to, these sales clerks toconvert them from order takers to effective
sales associates.
Store Design: A store's exterior and interior design affect its image and profit
potential. The exterior should be attractive and inviting and should blend with
thestore's general surroundings. The term Atmospherics" is used to refer to
the retailer's 14effort at creating the right ambience. Merchandise display is
equally important. Aneffective layout guides the customer though the various
sections in the store andfacilitates purchase.
RELIANCE GROUP
The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's
largest privatesector enterprise, with businesses in the energy and materials
value chain. Group's annualrevenues are in excess of USD 27 billion. The
flagship company, Reliance Industries Limited,is a Fortune Global 800
company and is the largest private sector company in India.
Backward vertical integration has been the cornerstone of the evolution and
growth ofReliance. Starting with textiles in the late seventies, Reliance
pursued a strategy of backwardvertical integration - in polyester, fibre
intermediates, plastics, petrochemicals, petroleumrefining 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 andmarketing, petrochemicals (polyester, fibre
intermediates, plastics and chemicals), textiles andretail.
Reliance enjoys global leadership in its businesses, The Group exports
products in excess ofUSD 18 billion to more than 100 countries in the world.
There are more than 28,000employees on the rolls of Group Companies. Major
Group Companies are Reliance IndustriesLimited (including main subsidiaries
Reliance Petroleum Limited and Reliance RetailLimited) and Reliance
Industrial Infrastructure Limited.
FOUNDER PROFILE
Dhirubhai H. Ambani
Founder Chairman Reliance Group
December 28, 1932 - July 6, 2002
Dhirubhai Ambani founded Reliance as a textile company and led its
evolution as a global
leader in the materials and energy value chain businesses.
BOARD OF DIRECTORS OF RELIANCE INDUSTRIES LIMITED
Mukesh D. Ambani Chairman &
Managing Director
Nikhil R. Meswani Executive
Director
Hital R. Meswani
Executive Director
VISION AND MISSION
● Quality
● Research & Development Health,
● Safety & Environment
● Human Resource Development
● Energy Conservation
● Corporate Citizenship
Reliance believes that any business conduct can be ethical only when it rests
on the nine corevalues of Honesty, Integrity, Respect, Fairness,
Purposefulness, Trust, Responsibility,Citizenship and Caring.
The essence of these commitments is that each employee conducts the
company's business with integrity, in compliance with applicable laws, and in
a manner that excludes considerations of personal advantage. We do not lose
sight of these values under any circumstances, regardless of the goals we
have to achieve. To us, the means are as important as the ends.
For Reliance…
● Growth is care for good health Reliance's occupational health centres carry
outpre-employment and periodic medical checkups as well as other routine
preventiveservices. Specialised tests like biological monitoring, health risk
assessment studies and audits for exposure to various materials are also
performed. Health education and awareness form an integral part of the health
care programme at Reliance. Growth IsCare for Safety We believe that the
safety of each employee is the responsibility of the individual as well as the
whole community of employees.
● Growth is care for the environment Reliance believes that a clean
environment andThe workplace fosters health and prosperity for the
individual, the group and the larger community to which they belong.
Environmental protection is an integral part of the planning, design,
construction, operation and maintenance of all our projects.
● Growth is conservation At Reliance, energy conservation efforts seek to
reduce the unit cost of fuels and to improve efficiencies in energy intensive
processes.
● Growth is betting on our people. Reliance builds with care a workplace that
proactively fosters professional as well as personal growth. There is freedom
to explore and learn;and there are opportunities that inspire initiative and
intrinsic motivation. We believe that people must dream to achieve, that these
dreams will drive the company's excellence in all its businesses.
● Reliance thinks, behaves, lives and thrives with a global mindset,
encouraging every employee to reach his / her full potential by availing
opportunities that arise across thegroup.
● Zonal Manager
● Cluster Manager
● Area Manager
● Assistant Store Manager(ASM)
● Store Manager(SM)
● Store Supervisor
● Commercial Associate
● Customer Service Associate
Marketing & Operations Activity at Reliance SMART, Perambur
● The Reliance SMART Outlet followed a grid type pattern. This enables the
customer to get accustomed and familiar which helps in locating the
merchandise easily. It is also cost efficient and easy to clean and self servicing
is easier.
● All the products are displayed on a gondola, bay and some products are kept
on end cap to sell at a much faster pace
● There was a Summer jackpot sale going on and hence banners and displays
were raised outside the outlet to attract customers. Offers were given on
beverages and icecreams.
● During the weekend, Rice bag ice cream and Oil combo offers were
displayed outside the outlet to improve the sale.
● Maaza introduced a new flavour “Maaza Gold”. So, a promotional ad
campaign was going on in the outlet.
● Clearance markdowns were done to get rid of slow-moving and obsolete
products.
● Promotional markdowns were done to increase sales traffic and to promote
new products.
● These types of products are often kept on floor display or where the
customer waits near the billing counter.
● New displays and banners were raised as part of the Ramzan Promotional
Campaign.
● I learnt how SAP was used to manage the inventory at the Reliance SMART
outlet.
● Fruits & Vegetable were sourced from different nearby villages (Tiruvallur,
Acharapakkam) and distributed from the HUB.
● The HUB for Reliance Retail Limited is situated in Puzhal Camp, from there it
isdistributed to all the retail outlets.
● GRN (Goods Receipt Note) is entered in the SAP database immediately after
the arrival of the products.
● GRN is created to record the delivery of items from your suppliers.
24● Suppose if the product is sold with GRN registration it can be corrected
usingStock/Negative Correction or else it will show the negative number in the
database.
● Stocks are updated in the database and the products are sent to the outlets
when the stock reaches a minimum number.
● Some products follow DSD like ID, Kwality Wall’s.
● Direct Store Delivery, or DSD, is a distribution strategy that offers an
alternative tocentralised distribution. DSD allows retailers to reduce operating
costs by sidestepping the retailer’s distribution centre.
● Instead, goods travel directly from the supplier to the retail store, saving
time and money off of the retailer’s bottom line.
APPLICATION OF MANAGEMENT THEORY
Traffic flow
Traffic flow is the movement of customers through the store. It is a critical
aspect of store layout due to the impact that it can have on the customer both
practically and psychologically.A well-designed layout not only influences the
movement of customers through the store, it can also encourage certain
shopping behaviours. For example, a supermarket may deliberately make the
aisles small and crowded to create a feeling of economy and order. This
encourages the customers to move consistently through the store in an
ordered pattern. It may also imply that the store sells many more lines of
product than they actually do. In comparison, the layout in a gift shop may
appear to be haphazard. This doesn't mean that the design has not been
well-planned.The intention may be to encourage people to take their time
browsing through the store.
The Reliance SMART Outlet followed a grid type pattern. This enables the
customer to get accustomed and familiar which helps in locating the
merchandise easily. It is also cost efficient and easy to clean and self servicing
is easier.
Grid Pattern. Another traditional form of store layoutis grid pattern, in which
the counters and fixtures are placed in long rows or runs., usually at right
angles, throughout the stores
INTERNSHIP LEARNING:
● During my Internship I worked under the Employee relations and statutory
compliance department of Reliance retail limited.
● As part of the statutory compliance department, I was able to gain exposure
to PF, ESIrelated rules and regulations of any retail limited company.
● I gained understanding about the legal notices that are to be displayed at
stores as pervarious acts of the Indian Government - Payment of Wages Act,
1936 , Form (V)Statement Of Holidays, Sexual Harassment of Women at
Workplace(Prevention,Prohibition and Redressal) Act and Rules, 2013, Notice
of authorised person underPayment of Gratuity Act, 1972, Maternity Benefit
Act, 1961 & Notice under ChildLabour (P&R) Act, 1986.
● I assisted in the Joining formalities for newly hired employees of reliance
fresh and reliance digital stores across tamil nadu and gained exposure to the
induction process of a new employee into any retail store.
● As part of the Employee Relations department, my mentor had instructed me
to visitReliance Digital, Trends and SMART stores in Perambur and interact
with employees to understand their Issues related to Work Life Balance.
● The interaction was used as Primary data for my research work.
● I developed a questionnaire under the instruction of my mentor based on the
interaction with the employees and piloted initially too few employees at
reliance trends, perambur.
● Then a sample size of 50 employees was chosen from the 3 stores and a
questionnaire was circulated in hard copy.
● It was made into soft-copy by filling in google forms and easier to interpret
the results
Marketing Research
Marketing research as a functional area of management is becoming
increasingly importantas compared to other fields. All decisions in modern
business organisations revolve around marketing information. Because the
success of the business does not depend upon the guesswork rather having
the correct information about the customer, what they want, how they
want,how much they are able to pay, and the substitute available in the market
etc. Thisinformation can be collected and utilised with the help of marketing
research.Marketing research is the systematic and objective identification,
collection,analysis, discrimination, and use of information for the purpose of
improving decision making related to the identification and solution of
problems in marketing.
Types of Research
1.Considered. Basically there is a little knowledge on which to build.
2. Descriptive Research: Descriptive research embraces a large proportion
ofmarketing research. The purpose is to provide an accurate snapshot of
some aspectof the market environment. In descriptive research, hypothesis
often will exist, butthem tentative and speculative.
3. Causal Research: When it is necessary to show that one variable 22
Causes or determines the values of other variables, a casual research
Approach must be used. Since data collection method is from surveys,
Hence Descriptive type of research is used for analysis of the dat
Attitude Measurement
Attitude is psychological constructs, a way of conceptualising the intangible.
Attitude can’really be observed or measured directly because their existence
is inferred from theirconsequences. Attitudes are mental states used by
individuals to structure the way theyperceived their environment and guided
the way to respond to it.Types of Attitude measurements Scale: There are four
types of measurement scale asfollows.
1. Nominal Scale: In a nominal scale, objects are assigned to mutually
exclusive,labelled categories but there is no necessary relationship among the
categories.
2. Ordinal Scale: An ordinal scale is obtained by arranging them in order with
regardsto some common variable. The question is simply whether each object
has more orless of this variable than some other objects.
3. Interval Scale: In an interval scale the numbers used to rank the objects
alsorepresent equal increments of the attributes being measured.
4. Ratio Scale: A ratio scale is a special kind of interval scale that has a
natural zeropoint.
The Nominal Scale is used while designing the questionnaire. Both close
ended and openended questions are put together in the questionnaire.
DATA COLLECTION:
2) Receiving:-
(a) Checking of Delivery in DC
All the Dry DC delivery will be checked by a store staff in the DC staging area
beforepacking and loading. This is to minimise delivery count error and ensure
that right quantity isdelivered to the stores. Behind this all the activity owner is
the Store Manager.
(b) Receiving Goods in Store: From DC & CPCReceiving indented goods
from the DC & CPC as per the delivery schedule. At the time ofreceiving goods
from DC many things which is followed by the SM, ASM,& CSA:-
Check the seal in front of the driver.Note down the air condition temperature.
Inspect stocks for transit damages.
If any HU (Handling unit) / article is found damaged, excess, or missing noted
it onthe trip sheet for return to DC.
Do the GRN (Goods return note) for the delivery for the actual received
quantity.
Stores are not unloading transit damaged stocks. Transit damages will be returned to
DC in the same delivery truck.The main focus during goods receiving must be to
unload the crates/ cartons from thetruck as quickly and safely as possible.
(c) Receiving from Vendors
Procedure for receiving goods directly from vendors. Behind this whole
activityThe owner is the store manager/ asst. store manager. Reliance fresh
stores indenting speciallybakery, beverage and books/magazines and music.
SM/ASM Checks:-Check the deliveries for quantity, damages and freshness
and accept only goodproducts as per shelf life norms.
Do not accept any short shelf life or damage quantity from vendor and reduce
it fromthe invoice if required.
Remove all expired products from the shelf and get them replaced with fresh
productwithout any GRN for the same.
In case of books/magazines and music SM/ASM check bar-codes on the books
ormusic CDs delivered by the vendor & return the unsold items to the
vendors.Vendors and store staff check physically check DSD deliveries for
damages andfreshness and accept only fresh saleable products.
3) Replenishment of goods
(a) Replenish Shelf from Goods Receiving Area
Process of moving goods from goods receiving area to the respective
bays/freezers/chillers asper the priority fill rule.
Frozen products received must have first priority for stacking in the Freezers.
Strictly follow FIFOPlace previous stock in the front/top of the shelf.
Chilled product received must have second priority after frozen product for
stackingin the chillers
Managing Planogram
Implementation of changes of Planogram
The Planogram indicates the location for each SKU on a shelf. This process
describes how tochange Planogram. Change of Planogram is wholly managed
by headquarters. Headquartersend a new Planogram to the store by mail.
Changing of fixtures and shelf heights, atper new Planogram. The major
change of shelf is less than 8 bays. Check quality of stockreceived as per
Planogram, raise an indent of additional stock if required. Stack goods as per
Planogram and readjust SEL to align with the left hand side of the first facing
going from theleft. All the changes made on the shelf to be signed off by the
store manager. All the Planogram to beprovided in standard format.
Planograms indicate shelf heights. Planogram is send to the storeat least 2
days in advance of the change. No stock to be displayed on the shelf if it not in
the Planogram. If the F& V section looks empty in the late evening because of
stock outs, thenstore manager may change only the F&V Planogram in a
suitable manner to give appearanceof a full store.
For processing of dump (damaged & expired) approval is obtained from store
manage.
After dumping, all the dump are entered into dump register in the presence of
SMwith his /her signature.
The entire dumped product is then handed over to the garbage collection
agency.
For type C damaged products some part of each product is kept as proof.
Finally the dump register is present near DM/AM for approval (signature).
(c)Dump on arrival:-
On arrival of goods (F&V stock received from DC) poor quality goods are
segregated.
It is kept in separate place in the store with the sticker “dumped on arrival –
notfor sale” along with the receiving date.
And the respective SM is informed.
In the GRN (goods received roles) for the delivery, poor quality stocks are
entered as “Damaged Quality”.
Further it is kept for inspection and the area F&V executive is informed. E-mail
issend to the F&V head / F&V category head.
Finally dumped stocks are handed over to the garbage agency.
In case the GRN is done at the back end maintain a record of the DUA and also
record the some on the invoice that is sent to the commercial team.
DATA ANALYSIS & INTERPRETATION
ANALYSIS
Analysis helps in structuring the finding from different sources of data
collection.it is veryhelpful in breaking a macro problems into micro parts. Data
analysis acts like a filter when itcomes to acquiring meaningful insights out of
huge data set. Overall analysis is classifying andrearranging the raw data to
arrive at meaningful interpretation.
INTERPRETATION
( Age of Respondents )
● 70% of the employees ( 21 ) were single and the rest 30% (9) were
married workers
( Holidays )
● 80% of the workers feel that the work pressure is too much on
them that they do not getto spend quality time with friends and
family
● The rest 20% somehow manage to handle the pressure and still
spend time with familyand friends.
( Exhaustion )
● From the chart we can clearly see that 86.6% of the employees
are clearly not satisfiedwith the salary they get and it is not enough
for them to manage their personal life
( Family / Friends )
1. Maintaining proper working hours is one of the major key factor to maintain
positive work lifebalance. The organization should make sure that the
employees come on time and leave on time.
This will help in improving the overall productivity of the employee as well as
help him in maintaining a good work life balance. Apart from working hours,
not making them to work evenholidays will ensure well being for both
employer and employee.
2. Employees should be kept constantly engaged with counselling activities
and family supportprogrammes which has proven to be a very beneficial factor
for most of the employees. I suggestcontinuing and improving the counselling
services
3. Each employee must be given enough time for discussion to keep forth their
thoughts & pointsand noted that every employee gets a chance to speak /
discuss.
4. Feedback must be collected on a regular basis from the subordinates and
employees to serve inbetter way (or) to improve the current practices.
5. Due compensation for work done should be immediately settled in due time
without anydelay. Most of the employees are sole bread-winners for the family
and they are of low levelemployees. Even a slight delay in getting
compensated might make them feel agitated and in turnaffect their work life
balance in a negative way.
6. Providing accomodation for employees who travel from far away places
should be done toavoid exhaustion and lead to severe health issues.
7. Proper salary should be paid according to industry standards and rules as
most of theemployees feel that the salary paid is very low for them to lead their
personal lives.Apart from these suggestions, few more are implementing
online registers for stores instead ofstoring all registers and verification
documents in hard copy format. Digital format will be keptsafe and hassle free
verification is possible during store audits. Digital records verification will
save lots of time in verification and thus more stores can be covered in a
single day.
Work-life balance can increase the productivity in the workplace and improve
the workenvironment in general. Work-life balance requires cooperation and
coordination at national,governmental, organizational, family, as well as the
individual level. Stress is one of the factoraffecting both the work life and
personal life of the employees. The stress due to workload andpoor working
conditions can be reduced by improving the working conditions.
From the internship, I gained huge insight into the department of statutory
compliance foremostas i did not have any knowledge of such a departments
existence in the HRD. It really helped mein understanding the compliances to
be followed while owning a retail store.
Understanding about the PF and ESIC also enlightened me about labour laws
and regulations tobe followed while being an Entrepreneur.
The Grievance redressal cell was formed at the time of the starting of
Internship, and it gave medeep insights into Employee relations and well
being. The process was entirely anonymous andany employee could talk
about their Grievances to the HR without fearing their superiors.
Overall it can be concluded that the Internship was a very good experience in
terms ofManagement processes learning, being on time, leaving on time, team
work and maintaining ahealthy relationship with your peers and superiors.
This will definitely be of great help for myProfessional Career.
REFERENCES
Book Referred
1. P. Subba Rao, Personnel and human resource management – Text and cases
8th Edition,
Himalaya Publishing House.
2. C. R. Kothari: Research Methodology – Methods and Techniques, 2nd
Edition, New Age
International Publisher.
3. K. Aswathappa Human Resource Management – Text and cases 7th Edition,
McGraw HillEducation.
Web-Links
● https://relianceretail.com/index.html
● https://epfindia.gov.in/site_en/index.php
● https://www.esic.nic.in/insured-person-employer-login
Other References
1. Galinsky,E., et al “The Corporate Reference Guide to Work-Family
Programmes, Families
and Work Institute: New York, 1991.
2. Bachmann,k., “work life balance. Are employees listening? Ottawa:
Conference Board of
Canada”, 2000.
3. Glass,J.L., and Fujimoto,T., “Employer Characteristics and the provisions of
Family
Responsive Policies", Volume No.22, 1995, pp.380-411.
4. Karrir, N. and Khurana, A., “Quality of work life of managers in Indian
industry”, Journal of
the Indian Academy of Applied Psychology, Vol. 22(12), 1996 pp.1926.
5. Coproni,P.J “Work life balance: you can’t get there from here. Journal of
Applied Behavioral
Science, Volume 33(1), 1997, pp.46-56.
626. Baral, R.,”Examining Antecendents of Work-Family Enrichment and its
Effect on Individual,
Family and Organisational Outcomes”, Unpublished Doctoral Dissertation, IIT
Bombay, 2000.
7. Bhandari, K., & Soni, H. Impact of Gender, Age and Work Experience on
Satisfaction
towards Work Life Balance (with special reference to Bank of Baroda, Udaipur)