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Godrej Consumer Products Ltd is a leading Indian FMCG company established in 2000. It produces hair care, home care, and personal care products and has established brands in India and other international markets like Indonesia, Bangladesh, South Africa, USA, and Argentina. Godrej follows a strategy of expanding into emerging markets across Asia, Africa, and Latin America. It has a diverse product portfolio and seeks to innovate and delight consumers.
Godrej Consumer Products Ltd is a leading Indian FMCG company established in 2000. It produces hair care, home care, and personal care products and has established brands in India and other international markets like Indonesia, Bangladesh, South Africa, USA, and Argentina. Godrej follows a strategy of expanding into emerging markets across Asia, Africa, and Latin America. It has a diverse product portfolio and seeks to innovate and delight consumers.
Godrej Consumer Products Ltd is a leading Indian FMCG company established in 2000. It produces hair care, home care, and personal care products and has established brands in India and other international markets like Indonesia, Bangladesh, South Africa, USA, and Argentina. Godrej follows a strategy of expanding into emerging markets across Asia, Africa, and Latin America. It has a diverse product portfolio and seeks to innovate and delight consumers.
Pro. Bhakti Banwaskar Industry Profile 1) History: • FMCG is the 4th largest sector in the Indian economy. • Household and Personal Care is the leading segment, accounting for 50 per cent of the overall market. • Hair care (23 per cent) and Food and Beverages (18 percent) comes next in terms of market share. • Growing awareness, easier access and changing lifestyles have been the key growth drivers for the sector. Growth • Evolution Of FMCG Industry: Evolution of FMCG sector Some prominent companies in the industry • Amongst the leading retailers, Dabur generates over 40- 45 per cent of its domestic revenue from rural sales. HUL rural revenue accounts for 45 per cent of its overall sales while other companies earn 30- 35 per cent of their revenues from rural areas. • Consumer products manufacturers ITC, Godrej Consumer Products Limited (GCPL) and HUL reported healthy net sales in FY17. • In December 2016, Godrej Consumer Products Ltd (GCPL) acquired remaining 49 per cent in Kenyan Co Charm Industries • ITC (FMCG) has generated highest revenue till FY18. Market Share Top 10 FMCG companies Company Profile 1) Background and inception of the company: • Godrej Consumer Products Ltd was incorporated on November 29 2000 as a public company and was promoted by Godrej & Boyce Manufacturing Company. • The liabilities and assets pertaining to the consumer products business of Godrej Soaps Ltd together with the factories situated at Malanpur and Silvassa along with the marketing selling distribution and related facilities have been transferred to the company with effect form April 1 2001. • Godrej Consumer Products Ltd (GCPL) is one of the leading Fast Moving Consumer Goods (FMCG) companies in India. Nature of the business carried out
• Godrej Industries Limited (GIL) structure is quite
complex in nature. • Godrej industries is known for its strong management bandwidth , which has been instrumental in creating wealth for investors in the past too. • GIL’s business strategy is called ‘CREATE’, which is an acronym of the names of its four core businesses: consumer products, chemicals, real estate and agri- products. Its strategy pivots on two core values – ‘Transformation’ (drive to full potential) and ‘Emergent’ (focuses on incubation of new businesses). Product/Services Profile
• Godrej Consume Product has got portfolio of
brands that includes many household favorites and they are constantly innovating and looking for new and exciting ways to delight their consumers. • Godrej Consume Product (India) has three product segments i. e; • Hair Care • Home Care • Personal Care Area of Operation – Global/National/Regional • Godrej follow a 3 X 3 approach to international expansion - building a presence in 3 emerging markets (Asia, Africa and Latin America) across 3 categories (home care, personal wash and hair care). • There are tremendous growth opportunities in emerging markets like Asia, Africa and Latin America and believe that can very effectively leverage our fundamental value proposition and understanding of categories that we play in, to be leaders in these markets. Organizational Structure (Hierarchy of the organization & concerned department) Ownership Pattern Financial condition SWOT Analysis • SRENGHTS:
• 1) The Company has got wide range of products within the country.
• 3) Godrej has better sales after services.
• 4) The company has there respectable and believable brand name.
• 5) The company has large no of consumers with higher satisfaction.
• 6) The management is trained and efficient and the network of
service centre is good in all states. WEAKNESSES:
1) The company does not go for advertising , which is
one of the biggest disadvantage of Godrej.
2) It emphasizes more on the advertising of office
automation and prime division.
3) The company id focusing on many security products at
a same time.
4) The effective selling are not available like payment on
installment. OPPORTUNITIES :
1) Godrej has more opportunities to grow as it
has earned good name in FMCG sector. 2) 2) Technical upgradation time to time is also one of the opportunity. 3) 3) Godrej can focus on big project where there is great demand of security equipments. THREATS • The growing competition in the FMCG sector is threat for all manufacturing companies so it is also a threat to Godrej to stand in the market with the higher position. Findings • 1) Godrej Consumer Products Ltd is an integrated FMCG company providing affordable and innovative products for its customers. • It does not only operates in India but also has strong customer base in the other countries in Indonesia, Bangladesh, South Africa, USA and Argentina • Godrej Consumer Products Ltd portfolio of brands includes many household favorites and they are constantly innovating and looking for new and exciting ways to delight their consumers. Learning Experience • Studying about the Godrej Consumer Products Ltd was a new experience as I came to know Godrej has very wide range of products to offer its customers. • It was good to know that it does not focuses on profit maximization but also works as a responsible organization and contributes to various social causes. • I have learned various techniques of collecting secondary data and utilizing them effectively.