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3ey Factors for any company PEST ANALYSIS OF THE
in this Industry EARLY YEARS

Internal External Ȉ Less Support


Political
Ȉ FERA Regulation
Ȉ Technology Ȉ Government Policies
Upgradation Ȉ Competition
Ȉ R&D Efforts Ȉ Supply and
Ȉ High Capital Distribution Ȉ Post War situation
Environmental
investment Ȉ Factory Locations Ȉ Industry Growth
Ȉ Ensuring the
complete safety of
delivery
Ȉ Support to smaller players
Ȉ Cost Efficiency Social
Ȉ High Employee Benefits
Ȉ Managing
Diversified
Operations
Ȉ Improper Systems
Ȉ Employee Technical Ȉ No proper Evaluation of Tonnage
Management business

  
Turnaround Actions
Focus on special Gases
New Ventures
Business Logic for Tonnage
No use of Nitrogen
No mechanism for Distribution
No safety measures
Factory Outlets
Improper Change Management
No account for local competitors
Improper employee management

  
No Strategic Business Portfolio Analysis

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High Industrial Gases Medical Gases Welding
Medium
Low LOX

High Interest Rates


Improper Project Analysis
No Implementation of PERT implemented in 1970ǯs

 
Product
Gases: Special, Medical and Others
Projects
Process
ERP
Rationalization of Prices
No Project Analysis using Competitive Factors
People
Proper VRS Implementation
More Autonomous decision Making
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Debt Restructuring
Reduction in Interest Rates in two phases
19% to 16.5%
16.5% to 12.9%
Cleaning Of the Balance Sheet
Write off bad assets
Reduction by 56%
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Safety First
Focus on Safety and health of employees
Instilled confidence in employees
Increased employee motivation and confidence in the company

Focus On Ethics
Initiated By BOC
Diwali gifts and other such occasions
   
 

 2 Lines Of Business
Process Gas Solutions
Industrial and Special Products

 Implementation Of ERP
Helped in proper tracking of Supply Chain
 Project CARE
To set up a Customer Service Center
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Revamping the Distribution Model


Door Step Delivery
Training Programs for Drivers
Regular Meetings with transporters
Resulted in Reduced Turnover Ratios

Launch Of New Products


Entonox, HOT

Took Off Products with the lowest Contribution


Liquidated Oxygen
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Better CRM Systems


Strengthening Relations with BOC
Introduction of Performance Management Systems
Customer Satisfaction Index
Compensation linked to PMS

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