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Harshraj Solanki Summer Internship Interim Report
Harshraj Solanki Summer Internship Interim Report
Harshraj Solanki Summer Internship Interim Report
On
“The Contribution of Sustainable Operations Management Practices &
Benefits”
1. Details of the Student Intern
c) Mobile : 8849334105
d) Email : 20220201478@karnavatiuniversity.edu.in
c) Email Id : shikha.sinha@amul.coop
d) Contact Number : 7878968150
b) Email Id : tanmaya@karnavatiuniversity.edu.in
c) Title of Project : “The Contribution of Sustainable Operations Management
Practices & Benefits”
Introduction to AMUL(GCMNF) :
Amul, a renowned dairy cooperative managed by the Gujarat Cooperative
Milk Marketing Federation (GCMMF), is a beacon of innovative
management practices in India's agro-industry. GCMMF has cultivated a
workplace culture that prioritizes employees' work-life balance, recognizing
that a satisfied workforce is instrumental to sustained success. Through
flexible working hours, comprehensive wellness programs, and
opportunities for professional development, Amul ensures that its
employees are motivated and productive. This commitment to employee
well-being not only enhances job satisfaction but also fosters a culture of
loyalty and efficiency, crucial for maintaining Amul's competitive edge in
the market.
In addition to nurturing a supportive work environment, Amul employs a
robust target and reward system to drive performance. By aligning
individual and team goals with the organization's strategic objectives, Amul
ensures a cohesive and focused approach to achieving excellence.
Performance-based incentives, recognition programs, and career
advancement opportunities are integral to this system, motivating
employees to exceed expectations. Complementing this is Amul's dynamic
marketing management strategy, which leverages innovative campaigns and
a strong brand presence to capture and retain market share. By continually
adapting to consumer needs and market trends, Amul maintains its position
as a leader in the dairy industry, exemplifying a holistic approach to
corporate success.
Objective of SIP
The primary objective of my SIP at Amul GCMMF is to gain practical
experience and comprehensive knowledge in marketing and sales within the
dairy industry. This will be achieved by actively participating in and
contributing to various marketing and sales activities, campaigns, and strategies
implemented by Amul.
Learning Goals:
1. Understanding Marketing Strategies:
Learn about Amul’s marketing strategies, including product positioning,
market segmentation, and consumer targeting.
Gain insights into the creation and execution of marketing campaigns,
both digital and traditional, and measure their effectiveness.
2. Sales Techniques and Processes:
Acquire hands-on experience in sales operations, including customer
relationship management, sales forecasting, and performance analysis.
Understand the dynamics of the sales process, from lead generation to
closing deals, and learn how to use sales tools and software.
3. Market Research and Analysis:
Conduct market research to understand consumer behavior,
market trends, and competitive landscape.
Learn to analyze data to derive actionable insights that can inform
marketing and sales strategies.
4. Product Knowledge and Brand Management:
Deepen understanding of Amul’s product portfolio and its positioning in
the market.
Learn how to manage and enhance brand equity through consistent
messaging and customer engagement.
Target/Tasks
Weekly Sales and Marketing Targets:
Our industry guide Ms. Shikha Sinha Mam, had played a crucial role in the
development and refinement of these strategies by Providing Key Information,
they provided valuable insights into Amul’s sales targets, marketing goals, and
historical performance data, which helped me align my strategies with the
company’s objectives.
(B) Consumer Trust :- Amul has cultivated a deep level of trust among
consumers due to its consistent delivery of high-quality and safe products over
the years, resulting in strong customer loyalty.
(C) Experience :- With decades of experience in the dairy industry, Amul
has honed its production, distribution, and marketing processes. This
extensive experience allows for efficient operations and quick adaptation to
market changes.
(D) Affordable Pricing :- Amul offers competitively priced products,
making high-quality ice-cream accessible to a large segment of the
population, which boosts sales and market presence.
(2) Weaknesses :
(A) Neglect of Customer Reviews and Complaints :- Amul tends to
overlook customer feedback and complaints, which can lead to
dissatisfaction and a negative perception of the brand over time.
(B) Lack of Communication with Retail Shop Owners :- There is insufficient
communication and engagement with retail shop owners, which can hinder the
effectiveness of product placement, promotions, and overall sales efforts.
(C) Supply Chain Challenges :- Amul faces issues in its supply chain
management, which can result in inconsistent product availability and
potentially affect customer satisfaction and loyalty.
(D) Slow Response to Market Trends :- Amul sometimes shows a slower
response to emerging market trends and consumer preferences, which can
result in missed opportunities and reduced competitiveness.
(3) Opportunities
(A) Market Share Expansion :- Despite the competition, Amul has the
potential to significantly increase its market share through strategic market
penetration, leveraging its strong brand and trust among consumers.
(4) Threats
(A) Intense Market Competition :- The ice-cream market is highly competitive,
with strong players like Vadilal, Hocco, and Baskin Robbins, posing a threat
to Amul’s market share through aggressive marketing and innovative product
offerings.
(B) Entry of Hocco into the Ice-Cream Market :- Hocco's entry into the ice-
cream market brings new competition, potentially drawing customers away
from Amul with its fresh and appealing offerings.
(C) Hocco’s Investment in Marketing and Product Packaging :- Hocco’s
significant investment in marketing and attractive product packaging can
attract a large customer base, challenging Amul’s market position.
(D) Changing Consumer Preferences :- Rapid shifts in consumer preferences
towards healthier or more exotic ice-cream options could impact Amul’s
traditional product lines.
Conclusion
The major issues identified in my work at Amul revolve around neglecting
customer feedback, insufficient communication with retail shop owners,
supply chain challenges, and a slow response to market trends. These issues
hinder Amul’s potential to fully capitalize on its strong brand presence and
consumer trust. The current approach to customer reviews and complaints
needs improvement to enhance consumer satisfaction and loyalty. Moreover,
better engagement with retail partners can lead to more effective product
placement and promotional activities. Addressing supply chain inefficiencies
and adopting a more agile response to market trends will enable Amul to stay
competitive and seize emerging opportunities in the ice-cream market.
To better achieve the tasks and targets, a more structured and systematic
approach could be employed. Enhanced communication channels with retail
partners would ensure optimal product placement and promotional execution.
Regular collection and analysis of customer feedback could inform adjustments
in product offerings and marketing strategies. Additionally, a proactive stance
in monitoring and responding to market trends can help Amul introduce
innovative products and maintain its market leadership. Overall, my experience
in this project has provided valuable insights into the importance of a holistic
and responsive strategy in marketing and sales. It highlighted the critical role of
data-driven decision-making, customer engagement, and agile management
practices in achieving corporate success and sustaining competitive advantage.