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Ltd
SUBMITTED TO:Miss Neha bhardwaj
SUBMITTED BY:
Anayat Ansari Sarpreet Pavra Ajay Shastri Shashi Shekhar Kumar Bhashkar Joshi Dharmendra Kumar
ACKNOWLEDGEMENT
This report bears the imprint of many people and without their support would not have existed. First of all we would like to express our sincere indebtness and profound se nse of gratitude to our parents without their support in all our endeavours we would not have been able to give this project its present shape. We acknowledge our deepest thank to MISS NEHA BHARDWAJ, for all his guidance and encouragement which leads us al l through this project. Suggestions at all point of time are invaluable for us. We would like to put on record our sincere gratitude to all our friends for giving us valuable ideas throughout our project.
Promoters :
1. Anayat Ansari 2. Sarpreet Pavra 3. Ajay Shastri 4. Shashi Shekhar Kumar 5. Bhashkar Joshi 6. Dharmendra Kumar
Executive Summary
Company : Friends Paper bag Pvt. ltd Product : Paper bags Clients: Malls, Departmental stores, Super Markets, Gift shops And Kirana stores etc. No. of Promoters : 6 Contribution : Rs. 8,00,000 (Each promoter) Target market : Phagwara, Jalandhar and Ludhiana , Amritsar, Khanna and Gobindgarh Projected sales : 14,40,000 units for (2011-12)
Company Profile
Vision To become a proactive, integral and responsible member of our environment and community, making us a strong national supply base for best class products. Mission To constantly grow the customers by designing superior and cost effective product through contribution of ideas. Objectives To become the first entrant in this new business. To achieve the maximum market share before the competitors are falling in the line.
Product Profile
Products range: The bags of six sizes are being manufactured, Size ranges from; 1218 to 2436. We can also manufacture bags according to the customers specifications & requirement.
Product quality:
y y
Product price:
y
MARKETING PLAN:
SUMMARY Target the big cities of Punjab like Jalandhar Phagwara, Amritsar, Ludhiana, Khanna and Gobindgarh Consumer acceptance and brand recognition are the major barriers USP is excellent service, quality products at a reasonable price, transportation network and sales force capabilities
SWOT Strength:
Products of low cost with high quality. Dedicated & punctual staff. On time delivery. Favorable access to distribution networks.
Weaknesses:
Entry in the market Inexperience i.e. lack of experience in the market High cost structure. Limited area of operation.
Opportunities:
Scope of export leads to expanding of business Covering a large market. Changing of lifestyle/fashion. Environmental conscious customer.
Threats:
Large number of competitors. Threats of substitute product.
Highly sensitive & volatile market. New regulation. Target market: Our customers would be malls, multiplexes, hypermarkets, supermarkets, departmental stores, speciality stores, gift shops etc.
Price
Our price range is between 7.5 to 10 Rs.
Place
Cities Like Jalandhar, Phagwara, Amritsar, Ludhiana, Khanna and Gobindgarh
Promotion
Discounts Word of mouth and Friends network Credit to customers Catalogs
Coupons Advertisement : Through publi rel tion Through print medi and oardings
Operatio al lan
Required Machinery
Heavy & special type paper bag forming machine with the following attachment and accessories: Double colour/Four colour Flexo Printing unit attachment. 3 H.P. Motor for main drive Length forming gear wheels Stereo design rollers and one bag counting unit. Slitting attachment bag hole punching machine Back Hole highlighting machine
Location: Phagwara Workers required: 22 [04 Operators, 14 Labours, 04 - Guards] Power: 24 hours Raw Materials: paper roll, water based Flexo ink, Eyelets Tags for handles Production Capacity (14 HRS): 10,000 to 20,000 bags
Operation schedule
Morning shift: 8:00am to 3:00pm Evening shift: 4:00 pm to 11:00 pm
HR Policies
Policy with regards to Leave viz.. Sick Leave, Maternity Leave, Annual Leave, Casual Leaves. Policy with regards to motivate employees such as quarterly or half yearly or annual bonus based on their or team performance. Sign on Bonus while hiring a candidate for your organization Policy or schemes for motivating employee to refer their friends supported with good incentive or awards. Policy addressing the confidentiality and the protection of proprietary and trade secret information. Policy addressing the issues of employee
Leaves
Leave of Absence: Employees are eligible to apply for an unpaid leave of absence if they have been a regular employee of the Company for at least one year. Family Medical Leave: All employees who have been employed at least twelve months, and who worked at least 1,250 hours during the twelve months prior to the leave request are eligible for an unpaid family and/or medical leave of absence under the Family and Medical Leave Act of 1993 for a period up to twelve weeks. Vacation: Employees should notify their manager at least one month in advance of taking vacation time. In addition, employees should directly communicate vacation dates to co-workers to ensure customer needs are met .Employees will receive 10 vacation days each year.
Management team
Hierarchy level
There are three hierarchy level of manufacturing unit: Top level Middle level Lower level
Top level
Top management and Managers.
Middle level
perators and ffice employee.
Lo er level
Workers and labour.
Working condition
The work is basis of continuous process for 15 hours. The work is divided in shift wise. The time of work are mention below:8:00 AM-3:00 PM 4:00 PM-11:00 PM Free Shoes. Free Uniform (Blue). Payment criteria: The payment criteria for each employee are:For middle level-6,000-10,000. For lower level-4000-6000. All employee open bank a/c in United Bank of India Training and development On the job training for first 2 weeks. This will make training cheap, fast, convenient & consistent. Friendly environment. Recruitment Process Personal Interview Technical Ability Resignation Notice period 30 days. Resignation letter. Reason of resignation Submit Company Id card and Companys related paper with resignation letter.
Financial Plan
Financial policies Depreciation Debtors. Short term investment. Profit margin
Capital sources