Professional Documents
Culture Documents
AT
JASH PACKAGING CO.
At Bill-Village
District: Vadodara
(Gujarat-India)
Batch: 2014-16
Preface
Internship is the integral and basic requirement of all the business study
programmes in all of the business study institutes as it is necessary and basic
requirement of the MBA degree of the Faculty of Management Studies in The
Maharaja Sayajirao University.
Because it is the practical implication of the theoretical knowledge which we have
taught in our business subjects to gain further knowledge and experience about
professional business activities. It equips us with the necessary knowledge, skills
and values of business culture which are basic requirement of the business
professional and which also helps new graduates to perform professionally as they
get first step in their practical professional life.
For this reason I was placed at Jash Packaging Co. where I have done my four
weeks internship. During my internship tenure I have gained a lot of knowledge
about operations under the supervision and guidance of my Internship Supervisor
Mr. Bhavesh Patel.
Acknowledgement
This report has been made possible through the direct and indirect co-operation of
various persons for whom I wish to express my appreciation and gratitude.
First of all I would like to thank Prof.(Dr.) Jayrajsinh Jadeja, Dean, Faculty of
Management Studies, for letting me do the project in this company. I would like to
thank all the faculty members especially Asst. Professor Smita Trivedi for her
continuous support and valuable suggestions time to time that helped me in making
this project.
I am grateful to my mentor Mr. Bhavesh Patel for his co-operation and valuable
suggestions and guidance for undertaking the project work, without which it would
not have been possible to complete the same. The deep knowledge and experience
of you in the field of QC has been very helpful to me.
Last but not the least I would like to thanks Jash Packaging Co. for giving me the
permission for data collection and simultaneously an opportunity to learn. This
really helped me in developing my skills and confidence to a great extent.
Declaration
I hereby ensure the authentication of the material and guarantee that there will not
be any misuse of the data. Data has been used only for academic purposes and will
not be used for any commercial or other purpose. Views mentioned in the report
are of my own, which are based on my observation and it may or may not be
accepted by any individual and/or any entity.
Chaudhary Dushyant
Faculty of Management Studies
The M.S. University of Baroda
Date:
Place:
CERTIFICATE
This is to certify that Mr. Chaudhary Dushyant s. a student of Faculty of
Management Studies, MSU Vadodara has completed project work on Developing
Marketing Strategies for Jash Packaging under my guidance and supervision.
Project Guide
Asst. Professor Smita Trivedi
Professor of Finance, Faculty of Management Studies,
The M.S. University of Baroda
Date:
Place:
Index
COMPANY PROFILE..07
MISSION STATEMENT...08
ENVIRONMENTAL POLICY..09
OBJECTIVES OF JASH PACKAGING CO...11
CORE VALUES..12
FUTURE OF JASH PACKAGING Co...16
ORGANIZATIONAL CHART.17
STRATEGIES AND GOAL..18
MANAGEMENT....23
INTRODUCTION TO MARKETING STRATEGIES..24
MARKETING STRATEGIES FOR PACKAGING INDUSTRY..28
RESEARCH METHODLOGY....32
FINDINGS..44
CONCLUSION..45
BIBLOGRAPHY...46
Company Profile
Name
Establishment Unit
Since 1978.
Activity
Address
Major Customer
Major Supplier
Transportation
MISSION STATEMENT
To be a market leader by providing quality products and superior service to our
customers, while learning from their feedback to set even higher standards for our
products.
ENVIRONMENTAL POLICY
Jash Packaging co. is committed to the environment. We realize that we live in a
world where resources are finite and the eco-system has a limited capacity to
absorb the load mankind is placing on it. That is why we make every effort to
make sustainable development a reality. The numerous projects and plants
implemented in and around our site bear ample testimony to our dedication.
Some of our objectives are to increase recycling rates, improve effluent and waste
management, and reduce water loss. These and other environmental concerns are
exemplified in our environmental policy, which every employee is expected to
uphold and implement.
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To train personnel and workers, both in India and abroad, to obtain technical
proficiency in various specialties connected with the paper, board and
packing industries.
Smart Governance
Our People
Customer Satisfaction
Work Environment
Conservation
Ethical Behavior
Smart Governance
We are committed to running our business successfully and efficiently, providing
long term benefits to our employees and shareholders, and enriching the lives of
those whom we serve by fulfilling our corporate responsibility to the best of our
ability. We expect excellence from all processes, whether they relate to policy
formation and accounting procedures or product development and customer
service.
12
Work Environment
Our policies and core values are aimed towards creating an informal yet
stimulating team-oriented work environment with a culture of sharing and open
communication. We cherish the diversity of viewpoint of every individual; we
realize this encourages innovation and develops character.
All employees have the right to a stress- and injury-free work environment. We
ensure our employee safety and health by providing various in-house facilities such
as a gym and making sure that all staff understand and uphold
our safety policy. All our employees are permitted and encouraged to afford time
and attention to personal concerns.
Our People
The success of any organization is largely dependent on the people working for it.
Each member of our team is considered equally important and provided constant
training, motivation and guidance. We possess a dedicated staff of the highest
caliber dedicated to making our business a success.
We ensure that every employee has the opportunity for maximum professional
development. To achieve this goal, we seek to provide challenging work prospects
for all employees. Each person is compensated and rewarded for his or her
performance and hard work on a strict merit basis.
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Conservation
We expect and encourage our employees to actively participate in community
service and to take care of the environment entrusted to us as citizens sharing the
earth's resources.
Customer Satisfaction
We are customer-driven; we go the extra mile to make sure our clients'
expectations are met and exceeded on every issue. We partner with leading
companies to arm ourselves with the latest technology and provide customers with
innovative solutions in the most cost-effective manner available.
Ethical behavior
We make it clear that being a sincere, honest and decent human being takes
precedence over everything else. In the Jash Packaging Co. family, there is an allround respect for elders, tolerance for equals and affection for youngsters.
Managers are expected to lead from the front, train junior colleagues through
delegation, resolve conflicts speedily, be visible at all times and act as role models
for others.
We make sure that all our processes and methods conform to the highest ideals of
professional behavior. Our organizational structure is straight-forward and needbased; accountability is transparent, consistent and both horizontal and vertical.
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OUR PEOPLE
Our people are our greatest asset. We seek and retain people who feel there is no
compromising on excellence, and a corporate culture in which our family can grow
and thrive. Heading our multi-talented team is our leadership of experienced senior
management. Together, we know how to combine our skills and knowledge to
deliver state-of-the-art solutions to our customers.
Today Jash Packaging Co. Limited is considered among the leading, fully
integrated packaging complexes in India. It will continue to keep pace with the
requirements of its customers by using modern packaging techniques and materials
to give its customers value for money.
Jash Packaging Co. believes in maintaining stringent quality control standards and
is continuing its efforts to implement successfully the current investment
programmed and also to plan for further development.
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17
The organization structure of Jash Packaging Co. is flat and not fully centralized
although top management is responsible for all-important decision but the mutual
sharing of employees is also considered too much extend.
CORPORATE CULTURE
Our management style can best be described as egalitarian, with everyone having
an equal opportunity for development and growth. People are recruited into the
company based purely on merit and with total disregard to considerations of
gender, race, color or creed. Merit alone is the criterion of all subsequent
professional growth. Performance evaluations are conducted on the basis of
achievement of individual objectives that are in conformance with the
departmental and overall corporate objectives of the company. Promotions are
similarly guided by merit and the suitability of an employee to the position for
which
he
or
she
is
being
considered.
Our working environment is so relaxed as to be almost casual; there is no bossing
around or subordination, no name tags on offices, and no appointments required for
calling on seniors. People are encouraged to communicate informally at all levels
and interpersonal relationships are greatly valued. Written communication is
simple and to the point, with even personal names abbreviated to initials to save
time.
Our leadership follows the principle of 'management by walking around', where
managers are expected to make daily rounds of all areas of responsibility, and have
first-hand
information
of
all
significant
happenings.
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POLICY FORMULATION
The main objective is to maintain its position of leadership in providing quality
packaging for all purposes to Indian market. To accomplish this Top management
setup I some policies in the best interest of the organization. No doubt top
management makes the policies but it also takes into consideration the suggestion
of middle management and the first line management
The policy formulation process is neither complex nor too long. Some policies are
made for short period and some are for long period. The nature of policies depends
upon the profitability of the organization Meeting are conducted randomly by top
management in which all the shareholders and the head of each department are
invited.
FUNCTIONAL DEPARTMENTALIZATION
There is a functional departmentalization in the Jash Packaging Co. All the
departments are responsible for their operations so that there is a better utilization
of the resources and revaluation of their outputs.
PRIMARY ACTIVITIES
Primary activities contribute to the physical creation of the product, its sale and
transfer to the buyers and after sales service.
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INBOUND LOGISTICS
Raw material for the production of paper and board is obtained locally through
regular purchasing from the agricultural sector and to maintain the quality the
Ingredients are mixed with imported wood pulp. About 9000 tons of wood pulp
and 1500 tons of chemicals (Sulphur and raisin) are imported annually.
OPERATIONS
Continuous flow is followed in the paper and board mill and assembly in the
packaging division as paper board is cut in appropriate sizes, printed and then
Modified to be folded. / Into the desired shape.
OUTBOUND LOGISTICS
Tie packaging division uses all the paper produced by the paper and board mill,
which re stored from time to time to accumulate in the warehouse and prevent
from stock outs. Final products are transported from the production department and
the warehouse via trucks.
paper plates.
In 1990, Jash Packaging Co. installed a tissue paper manufacturing machine to
improve quality and meet increased demands.
SERVICES
There does not exist any dealer network and they do not operate in the consumer
market for the production of paper and board except of providing tissue papers and
toilet paper and sanitary napkins.
TECHNOLOGICAL DEVELOPMENT
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Jash Packaging Co. pledges to provide the market with the best quality products at
competitive prices through a system of customer driven, service oriented and
dynamic Management team. To meet this obligation, the company continuously
updates of employee skills by training, acquisition of new technology, and regular
reevaluation of its quality control and assurance systems.
Improvement and new development are part of Jash Packaging Co. corporate
objectives to sustain continuous and consistent progress in quality systems.
Continuous exploration of the use of new fibers, films, chemicals, adhesives,
coatings and resins is undertaken. Well-equipped labs and pilot machines test the
raw materials and chemicals so that better quality can be provided. More over the
company uses "computer integrated manufacturing'' for production and
manufacturing process.
MANAGEMENT
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The relationship of management with the staff, especially with the workers,
remained cordial and the directors are pleased to record their appreciation for the
hard work and dedication shown by them.
CUSTOMERS
Jash Packaging Co. believe in customer satisfaction, which is the only way to
progress in the new millennium, continuous investment in technology, system,
people, and services will help them to meet the changing market place and to serve
the needs of the customers in a better way.
WASTE MANAGEMENT
The waste management at the Jash Packaging Co. is done through:
Sedimentation and sludge handling process.
Chemical recovery plant.
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Marketing strategy has the fundamental goal of increasing sales and achieving
a sustainable competitive advantage.
Marketing strategy includes all basic, short-term, and long-term activities in the
field of marketing that deal with the analysis of the strategic initial situation of a
company and the formulation, evaluation and selection of marketoriented strategies and therefore contribute to the goals of the company and its
marketing objectives.
A marketing strategy will help you focus. It will identify the different ways you
can talk to your customers, and concentrate on the ones that will create most sales.
It tells you what to say, how to say it and who to say it to in order to make more
sales. Because timing is critical, it will tell you when to say it too.
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Packaging Industry
Whether youre getting ready to create packaging for a product youre selling or
youre considering changing the packaging of an existing product, you may be
wondering if the appearance of a products package is important.
Many product providers may think that the product and its performance is more
important than what the packaging looks like, but the product packaging can play a
role in the success or failure of the sales of the product.
Function
The purpose of product packaging is to protect the product from damage. Product
packaging not only protects the product during transit from the manufacturer to the
retailer, but it also prevents damage while the product sits on retail shelves.
Most products have some form of packaging. For example, soups must have a
container and package while apples may have packaging for transport but not to
sell the product from the produce department of the local grocery store.
Attraction
How a product is packaged may be what attracts the consumer to take a look on the
product as is sits on store shelves. For this reason, many companies conduct
extensive research on color schemes, designs and types of product packaging that
is the most appealing to its intended consumer.
Promotion
Packaging also plays an important role for portraying information about the
product. Outside packaging may contain directions on how to use the product or
make the product.
Information contained on a package may propel the reader to buy the product
without ever having to speak to a store clerk.
Differentiation
Packaging can also differentiate one brand of product from another brand. Because
the product packaging can contain company names, logos and the color scheme of
the company, it helps consumers to identify the product as it sits among the
competitions products on store shelves.
For example, as a shopper walks through the coffee aisle of the local grocery store,
the bright orange, pink and white packaging of the Dunkin Donuts coffee brand
may be easily recognizable for the consumer to grab on his way by the coffee shelf.
The shopper may identify with the company brand, which propels them to buy the
product. If the product packaging changes, it may alter the brand perception of the
company, which doesnt mean that the consumer would not still purchase the
product, but it may delay the purchase until the person is able to identify the
product according to its new packaging.
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thing the human eye recognises, so unique packaging shapes are a great way to
help your product stand out - think Perrier and Toilet Duck.
Add personality
Building on the idea of leveraging a brand's authenticity, the next step is to
bring packs to life with a strong personality (what we call 'authentic attitude').
In short, think about language and imagery that helps to tell an engaging story
rather than just being matter of fact. Filthy is a new brand of highly indulgent
chilled chocolate desserts and its name gives consumers permission to be
unashamedly naughty.
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Feel-good factor
We live in a frightening world, a world of anxiety fuelled by the media's
exposure of terrorism, food scares, global warming, child abuse and abduction.
An antidote for this is to make people smile and/or remind us of the time when
life appeared to be safer. Anything you can do to make your designs resonate
with today's anxious consumer will give you an advantage. Competitors may
well copy your product specification, but it's much more difficult to copy how
your brand makes a customer feel. So packs that bring a smile to faces, like our
own new tea brand Make Mine a Builders, complete with builder's cleavage on
the 'bottom' of the pack, are the order of the day.
Keep it simple
With so much to say about health, nutrition, cooking or usage instructions on
your products and yet a desire to cut back on the amount of packaging, the key
is to keep things simple. Going back to the principle of 'standout', make sure
you don't compromise legibility by overcomplicating packs with too many
messages. In a one-second world, less is definitely more.
Tiered branding
The own-brand strategy we developed with Coles supermarket in Australia
designed to ensure that their stores provide customers with products that meet
their everyday needs in every way. The new own brand hierarchy involves three
distinct tiers: cheapest on display, mid tier and premium tier. The mid-tier
proposition, "You'll love Coles...", is based on the principle that consumers will
love Coles products because they make their lives easier. Coles will help them
eat better, save money, save time and reduce waste. An important element of the
new offer is the use of a product advocate - real customers and colleagues who
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appear on the packs to highlight the key benefits of the product and give
reasons to buy.
Speed to shelf
If there are 40,000 different packs in a store then every second counts in the
delivery and stocking process. Just think how many man-hours per day you
would save by making your outer shipping case also your 'display on shelf'
case. If you can save a retailer just 10 seconds per pack in its time to decant
from warehouse to shelf, you will also certainly gain grace and favour too.
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Protect yourself
If you have a good product at a good price, the competition will try to mimic
your success, so make sure you register and patent everything you possibly can.
And if you've followed the strategies on these pages, you will almost certainly
have protectable equity in your packaging. Good luck and may your horse drink
copiously!
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Research Methodology
Objective of Study:
To understand the marketing strategy adopted by Jash Packaging.
To develop a new marketing strategy for the company to compete in the
Packaging Industry market.
To get the feedback from Clients regarding new marketing strategies
followed by the company.
To make the company aware about the new marketing strategies they
could develop to attract more and more Clients and the flaws in their
production and technological field.
Type of Research:
Descriptive research
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Sources of data:
Survey through structured questionnaire of clients who are directly or in
directly dealing with Jash Packaging.
An unstructured interview was also done with the respective heads of
Vadodara department of Jash Packaging.
Secondary data was collected from websites of packaging industry and
the brochures, data given to me by Jash Packaging.
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Sampling Plan
Sampling Frame:
Target population under study were the clients associated with the
company in Vadodara and Pune.
There were respective head of the company in Vadodara that were also
taken into consideration.
Sample Size:
Here total 30 sampling unit were taken as samples. Out of 30, 10 were
the business clients and the remaining 20 were the members of
management team of the company at Vadodara.
Sampling:
The sampling used here is convenience sampling.
The respondents were added to the research as per my convenience at
respectively Vadodara and Pune.
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0-5 years
6-10 years
11-15 years
15 and more
Interpretation:
a) Coke,Pepsi and amul are associated with the company for more than 15
years.
b) Cromptom, miraj, Ferreror rochere and Cargill are with the company for 1115 years.
c) Flipcart and balaji are with the company for 6-10 years.
d) Colourtex is the company that has recently joint with Jash packaging.
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Yes
No
Interpretation:
Proper packaging of product influenced the dealing in the
industry.
Yes
No
Interpretation:
a) Maximum respondents felt that Jash Packaging is not able to get
the desired results with the traditional method of doing
marketing.
38
Yes
No
Interpretation:
a) Maximum respondents were in favour of change in
marketing strategies.
39
5)If yes(why)?
16
14
12
10
8
6
4
2
0
40
13
12
11
41
35
30
25
5
20
4
3
15
2
1
10
5
0
Online, Mobile application, social media
Interpretation:
a) Maximum respondents wished for advertising and marketing
through television, online and mobile apps for more viable
marketing.
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16
14
12
10
8
6
4
2
0
1
Interpretation:
a) Maximum respondants were unhappy with the marketing of Jash
Packaging.
43
Interpretation:
Mixed reviews were noticed from the respondents regarding this question and
available options.
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Findings:
The marketing strategies is followed by Jash Packaging is very
traditional.
Heaving a strong client base like Amul, Coke and Pepsi their marketing
presence was very low.
Most of the clients and managements team were in favour of new
marketing strategies.
Online marketing and developing mobile apps was the most suggested
marketing options given by respondents.
Client companies were brand cautious regarding their company logo on
packaging.
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Conclusion
Packaging is a basic necessity of everyday life. Further than just our
eating needs. In fact, the thought of packaging food was probably a
preposterous one back when someone even suggested it in the first
place. But now, what a change! The thought of getting food devoid of
packaging is almost absurd.
With my research and study of the packaging market in Vadodara, I
found that Jash Packaging has a very strong client base. It has got all the
departments and resources that a company needs to function and
perform in a ever growing market.
The company is still following a traditional manner of doing their
marketing operations. Companies such as Coke, Pepsi and Flip kart are
relying on Jash packaging for their product packaging.
Jash Packaging does not follow any specific marketing strategy. This is
one of the chief findings in my report and has been added a suggestion
to overcome this because with a better strategy, the business can be more
focused and productive and hence will generate more revenue.
Also, Jash Packaging are going forward to install new technologies and
equipments imported from China, Germany, etc in their procedure to
enhance their working procedure,
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BIBLIOGRAPHY
www.jashpackaging.com
http://axerosolutions.com/blogs/timeisenhauer/pulse/206/49-employeeengagement-ideas-the-ultimate-cheat-sheet-your-team-will-love
http://www.thesimpledollar.com/fourteen-techniques-for-improving-yourwork-life-balance/
http://pestleanalysis.com/internal-factors-affect-business-organization/
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