NIRLEP
NIRLEP
NIRLEP
Industrial Training Project On Nirlep appliances LTD. Submitted as a partial fulfillment of Post Graduate Diploma in Management Batch (2010-2012)
Scope of training
To enhance knowledge being a management trainee.
History of Nirlep
Nirlep was establish in 1968 by a visionary businessman Mr. Nilkanth
Bhogale.
Mr. Bhogale who realized necessity for an alternative to stainless steel equipments and manufacture the utensils coated with
Cont
Today company is pioneering and leader with a market share of 35% of
Cont.
The company is having current capacity of manufacturing of 1.2 million pans every year
Mission
Nirlep aims to manufacture and market a wide range of high quality products, services and systems of world class technology to the total satisfaction of customer in the domestic and overseas markets..
Nirlep believes in
Integrity: In integrity in all business transaction Quality: In building quality in everything to get involve. Fair price: In charging fair price to customer.
Marketing department
Marketing is not a function of business, but a view of entire business seen as a economic organ to provide goods and services. Everything that the business does in that respect is marketing - Peter Dunker Marketing information system Competitors Sub brands of Nirlep 4 Ps of marketing mix
Competitors
Nirali Prestige Hawkins Local players
Marketing mix
Price:Competitor Market strategy Place Mode of transport Type of distribution channel Promotion:Push or pull strategy Product:The heart of marketing mix the fort line product of Nirlep is the non stick cookware. Besides this Nirlep also market other product like Nirlep. enamel ware. A whole new range of stock and serve enamel coated utensils.
SWOT analysis
Strength: 1. Working strength 2. Fully automatic plant latest technologies. 3. Goodwill 4. Effective innovative skills 5. Customer satisfaction is prime goal 6. Brand loyalty in the market 7. As manufacturing part in india where the cost of production is very low the company generates very high profits. Weakness: 1. Major weakness is transit time from manufactured to customer is very high.
Opportunities: 1. To grow in the market at lower cost investment and production. 2. Diversify into related products. Threats: 1. Increasing competition 2. Changing technology 3. Changing buyer needs 4. Market trend and inflation
Learning
Practical implementation to management practices. Work process of all departments of nirlep appliance ltd. How to deal with employees, planning and development of manpower, utilization of human resources Dealing with banks for credit limits, maintaining bank reconciliation, maintaining records of cheques received, preparation of cheque. Marketing strategies to survive in market. Sales promotion activities and their working. Process followed by nirlep to manufacture its product. Export import procedure. Purchasing cycle of nirlep.
Conclusion:
Nirlep is fast growing company and also leading towards capturing Indian market as well as expanding in global market with its technologies innovation ideas and values. The company created healthy environment for the customer and maintaining the quality products. Company is fulfilling their social responsibilities. Though Nirlep is facing tough competition in market, it has been ranked number one in todays market. One proves that the company has been successful at what it aimed i.e. offered millions a new improved life.