1

Warna Bazar

Warna Bazar

Warna Bazar

Warna Bazar

Warna Bazar

Warna Bazar

I would say if the village perishes, India will perish too. It will be no more India. -Mahatma Gandhi India is rich nation with poor population -Nitin Gadkari.

The fortune at the bottom of the pyramid -C K Prahlad

7 Warna Bazar

Co-operative based organization can be successful in India??

YES

Warna Bazar

Warna Bazar

INTRODUCTION TO WARANA BAZAAR

WARANANAGAR Leadership of late Sahakarmaharshi Shri. Tatyasaheb Kore. Shree Warana Co-operative Sugar Factory was founded in the year 1956. Warana Bazar, the first consumer Co-operative store was founded in the year 1976 and started functioning on 2nd April 1978.

10

Warna Bazar

11

Warna Bazar

WARANA BAZAAR---SUCCESS Warana Bazar- Success Story

Yearly turnover of Rs. 113 cores, 555 employees. Members strength of 20111 out of them 80% are women. It has 2 big department stores and 55 branches & 3 franchies. Daily turnover of warana bazaar is more than Rs. 35 lakhs.
12 Warna Bazar

Warana Bazar has 24 different sections. 30,000 different types of goods. Almost 70 per cent of the goods are obtained directly from the manufacturers and apex bodies like NCCF thus eliminating the middlemen. Where direct purchases are not possible, goods are purchased from authorized dealers, stockists, and agents.
13 Warna Bazar

General Body Board of Directors Paid Employees

14 Warna Bazar

Sales per Manday

Sales for Square

Accounting System

Stock Turn

Stock Productivity
15 Warna Bazar

In order to get trained staff they have started a training centre under the name & style Vilasrao Tatyasaheb Kore Consumers Co-op. Training Centre in the year 1996. Every year salesmen training programme of one month duration is conducted in the Centre. NABARD & Shivaji University, Kolhapur has approved this programme. First ten students of every batch are absorbed in Warana Bazar. Employees who already are in service with various Co-op, stores in Maharashtra & Goa are eligible for admission in the above training programme.
16 Warna Bazar

P.F. contribution 12 % LIC group gratuity scheme, Pension scheme 5% Bonus 25%, Incentive 12.5% Medi claim and Personal Accident Insurance cover and workers co-operative society etc. 34 Days leave & Three month Maternity leave Tea, two times per day On the job training for the trainees Part time job provided for college students. Workers Welfare first Registered under the trust act. Gratuity trust registered under the trust act. Uniform
17 Warna Bazar

Haldi kumkum ceremony for lady members at the time of Makar Sankrant. 8 % Rebate on the purchase of festival goods at the time of Dipawali. 8 % Rebate on the purchase of festival goods at the time of Gudhipadva. 10 % Cash rebate coupons for use throughout the year. Total 26% on their investment in shares in the society. Ashi bhesal Ashi chalakhi.Ashi Banava Banavi - Exhibition Pak kala competition for ladies Members
18 Warna Bazar

Barcode system, STD/ISD/PCO Booths, Xerox Service. Organisation of demonstration of various types of goods & various awareness camps. Consumer meeting every year. Implementation of different schemes for sales promotion like Bumper lucky Draw scheme twice in year. Total prize of Rs.71 lacs. Food testing laboratory. Packaging & Marketing Warana Brand Cotton seed oil. Children Park, Parking facility. Divya pharmacy medical officers services free for all. Store open on all 7 days in a week at 10.00 am to 7.00 pm J.PA. Policy (Janata Personal Accident Policy) Mobile Van - JAG0 GRAHAK JAGO
19 Warna Bazar

 Rural trust enjoyed by Warna Bazaar A vast variety of stuff available under one roof. Low prices offers, that attract customers. Maximum percent of footfalls converted in sales Biggest value retail chain in India It offers a family shopping experience.
20 Warna Bazar

 Only localized, rural presence. General perception: Low price = Low quality Overcrowded during offers Limited only to value offering low price products. Unavailability of others brands.

21

Warna Bazar

 A lot of scope in Indian organized retail as it stands at approximately 4%. Increasing mall culture in India. People these days prefer to visit big stores.

22

Warna Bazar

 Competition from other value retail chains such as Shoprite, Reliance (Fresh and trends), Hypercity and D-mart, Bigbazaar. Unorganized retail stores for daily purchases Changing Government policies International players looking to target India

23

Warna Bazar

PUNE/KOLHAPUR: Reliance Life Sciences is working with the Kolhapur-based Warna Agro for launching a mango-based drink in the market. "We have signed an MoU with Reliance Life sciences. The formula has been developed jointly by Warna Agro and Reliance Life Sciences," said HN Desai, chief executive officer of Warna Agro.

According to the MoU, Warna Agro will manufacture the mango drink for Reliance and pack it in an aseptic packaging. "The company plans to manufacture 50,000 cartons of the drink every month," he said. But there is no clarity on the time of the launch.
24 Warna Bazar

Conclusion

25

Warna Bazar