QUARTER FINAL | BUSINESS CASE - BCS 07
Submission BCS 07
NMO Season 3
FRESH GROWERS- Business expansion, Marketing & Promotion Model ,SWOT Analysis ,Organizational strategy and Management Principles
Submission Date & Time : 2021-02-28 12:06:54
Submitted By : Akanksha Nitin Raipatrewar - From Team Wright
Solution Summary:
For expansion of business we select 3 metro cities
- Mumbai
- Hyderabad
- Bangalore
A]Company facing problem related time required for product delivery
For that problem
- company increase the inventory visibility
- Use of expedite delivery
- Warehouse products closer to the customer
- Outsources our transportation
Marketing is another challenge
- Company develop a marketing plan
- FTT hire people with shared core value and reward them
- We create a simple video showing the fresh vegetables organically grown and boost the video in the cities
CONTENT
- MANAGEMENT PRINCIPLE
- SWOT ANALYSIS
- MARKETING PLAN
- POSITIONING
2.1 Business Opportunities
2.2 Problem Statement
2.3 Product position statement
2.4 Customer Requirement
2.5 Customer Satisfaction AND Delight
3.STAKEHOLDER
4. MISSION STATEMENT
5. PRODUCT OVERVIEW
5.1 Product perspective
5.2 Assumptions and Dependencies
5.3 Needs and Features
5.4 Cost and Pricing
- OTHER REQUIREMENTS
- Application Standard
- Labeling and Packing
- LEADERSHIP MANAGEMENT PRINCIPLES
- SUGGESTION FOR THE STRATEGIES OF ORGANIZATION GROWTH FOR NEXT 2 YEARS
- TAGLINE
10.CONCLUSION
1.MANAGEMENT PRIENCIPLE USED IN SOLUTION
- Division of Work
- Authority and Responsibility
- Discipline
- Unity of Command
- Unity of Direction
- Order
- 7. Equity
- 8. Stability
- 9. Initiative
2.SWOT ANALYSIS:
STRENGTHS |
|
WEAKNESSES |
|
OPPORTUNITIES |
|
THREATS |
|
SWOT- STRENGTHS, WEAKNESSES, OPPORTUNITIES, AND THREATS.
SWOT analysis is a strategic planning technique used to help a person or an organization identify its strengths, weaknesses, opportunities and threats
3.Marketing plan
Fresh growers:
For Digital Marketing and social media marketing:
They should focus on,
1. SMO- social media optimization
2. SEO- search engine optimization
3. SMM- social media marketing
For SEO:
There is a huge opportunity to bring organic traffic. They should work on their website keywords by doing keywords research region, city area wise. They should choose keywords according to target audience, their searches and expectations. Keywords with high volume and high competition should get targeted.
Start making content with those keywords. Daily blogs, articles, stories should get posted
SMO :
For social media marketing they should work on quora question answer, off page SEO, on page SEO, article submissions, pdf submissions on different sites.
E.g tumbler, Diggo, Reddit, Slashdot etc etc. So here is chance to do social media marketing and SEO as well.
They should have their Instagram, Facebook, Twitter account and they can do daily posting there about there products, offerings. So more awareness will get create.
SEM:
For search engine marketing they can run Google paid ads.
1. Search campaign
2. Display campaign
3. Brand awareness campaign
4.POSITIONING
4.1 BUSINESS OPPORTUNITY:
Because of Benefits of organic vegetables More Nutrients. The European Union funded study found that organic fruit and vegetables have up to 50% more antioxidants, which scientists believe can cut the risk of cancer and heart disease. They have also more vitamins and minerals such as iron and zinc. According to other recent studies, organic foods are better for fighting cancer. Like food, Medicine, Electronics and many other industries now involves in Home delivery of products and vegetables and fruit are not in range because it involves very crucial timings and quality supply each and every day.FTT is providing this service to consumers in the main Pune city and also want to expand its business in other 3 cities namely Mumbai ,Bangalore and Hyderabad by looking for major opportunity in the newer markets in this cities of India. This business will provide more convenience and assured delivery to the consumers.FTT is an app-based ordering system that provides for daily need products- vegetables and fruit. this startup has a huge future ahead.
4.2 PROBLEM STATEMENT:
The problem of |
|
Affects |
|
The impact of which is |
|
A successful solution would be |
|
3.3 CUSTOMER REQUIREMENT
the customer seems to require
- Timely deliveries
- Quality of organic product
- proper delivery systems
- why they should use our services rather than other services.
4.4 CUSTOMER SATISFACTION TO CUSTOMER DELIGHT
Customer satisfaction is the main thing in any kind of business. The happier the customers are, the better it is for business. In the next 2 years, the organization aspires to not only retain the customers but increase its customer base and its brand value.
5. STAKEHOLDER'S AND USER DESCRIPTION
NAME |
DESCRIPTION |
STAKEHOLDER TYPE |
Human resource |
Provide training and skill development manual adequate workforce |
General management |
Marketing department |
Create marketing brochure Promotion and branding of the entity |
General management |
Finance department |
Fund raising ,All finance related issues like investments, cash flows, returns from projects, budgets. |
General management, leadership |
IT and business analyst |
MIS MIS reporting ,App developing and business statistics,data mining,AI Facilitating Information and statistical data to other departments. |
General management |
MISSION STATEMENT
"THE MISSION OF FTT TO PROVIDE HIGH QUALITY OF ORGANIC VEGETABLES AND FRUITS IN MINIMUM TIME AND MAXIMIZE CUSTOMER SATISFACTION TROUGH BEST DELIVERY SWEVICE IN INDIA"
The FTT or Fresh Growers , aspires to be in three cities in next two years. It also looks forward to –
- Expand in range of products
- Increase its scale of sales.
- Gain the title of the best delivery app
- Increase its workforce
- Best quality product company
- Maximize customer satisfaction and shareholder wealth.
6.PRODUCT OVERVIEW
6.1 PRODUCT PERSPECTIVE:
The DND is an app-based platform where customers mention their daily requirement of vegetables which type of vegetables they want , which is delivered to them within minimum 6 hours. The organization aspires to make significant and reputed brands .
FTT describe how an application is simply run and to use for any type of customers.app is run on some steps given below:
Step1: Android application FTT New sign up or login.
Step2: Enter details like name,email,mobile number and location.
Step3: Choose vegetables and Fruits which they want and choose time.
Step4: Payment through any digital payment method
Step5: FTT place the order and notify the customers
6.2 ASUMPTION AND DEPENCIES
ASSUMPTIONS |
DEPENDENCIES |
The market base will increase or remain constant |
Requirements will increase or remain constant. |
E-commerce will increase. |
Market trends and governmental policies |
The scale of operation will increase |
Further investment in storage and delivery facilities. (stats given in the case study shows growth prospect) . |
6.3 NEED AND FEATURE
NEED |
PRIORITY |
FEATURES. |
Customer satisfaction |
High |
|
Employee training |
High |
|
Increase marketing |
Medium |
|
More Investments in R&D and operations |
High |
|
Supply chain and operations |
high |
|
Establishing QMS |
High |
|
Expansion of services provided. |
Low |
|
Innovation in-app |
High |
|
Increase customer base |
Medium |
|
Branding |
High |
|
Engaging more suppliers |
Medium |
|
Maintain current ratio |
High |
|
Engaging customers |
Medium |
|
6.4 cost and pricing
For selling fresh vegetables, superstores normally follows a competitive pricing strategy and keep changing the vegetables price according to the market price.Cost of service will be charged according to the products, but with more products charge will go down.
7 Other Requirements
7.1 Applicable Standards
The guidelines are part of directives issued by the regulator to re-operationalise licensing and registration of E-commerce food companies.
Norms those are to be followed like
- Licensing
- ISO certification
- Test plans
- Food should have remaining shelf life of 30% or 45 days before expiry at time of delivery
- Mandatory info mentioned in FSS act must be provided to consumer
- Only fresh food to be delivered
7.2 Labeling and packaging
To prevent from adulteration proper packaged food has to be supplied to consumer. So proper packaging of products with proper labeling to give certainty to the consumers about safeguarding of a product.
Flow of product from farm to customers
Fig.1 Flow of product from FTT to customers
The four basic tasks:
- unpacking and inspecting incoming goods.
- placing goods in shelf.
- recording their location.
- and shipping are done by the employees.
All the quality checking and inspection is commonly done in the warehouse. From warehouse the products are distributed to its outlets through their own vehicles. Most of the superstores use cold storage system in the warehouse as well as outlets to carry and preserve the fresh vegetables in their outlets. According to existing distribution network the customers typically pick fresh vegetables from outlets. Nowadays, customers can buy online/ via home delivery system.
- Leadership management principles-
A leader should cover all the principles-
- Time management
- Quality management
- Trategic management
- Leadership management
- Operations management
9.Suggestions for the strategies of Organizational Growth for the next 2 year
- Generating Customer awareness through promotional tactics
- Increase Marketing
- Rise in prices of existing products
- Expansion in product line
- Introduction of ERP system for internal management of organization
- Upgradation of app to entertain daily ratings, regular tracking of deliveries
10.Tagline:
"FRESH GROWERS AT YOUR DOORS"
Comments
Umeash Sahhaaii
Nice Efforts Akanksha, A detailed description of your Financial Projection Tables would have been helpful. Like: Company formation is a one-time activity and will not require further investment with branches. but your team spirit is commendable and I appreciate team's & your efforts. Keep learning and Keep Shining.
Participant
Akanksha Nitin Raipatrewar
A highly motivated individual who loves to take up new challenges and excel in it, I have always had a keen interest in quiz competitions and challenges. Management is my passion and learning and discipline are my souls. I am active learner and dedicated student. Currently pursuing MBA at SBPIM, Pune
Team Bhabha BCS 07 Submission
Points: 0
Ayush Bhadauria
Leader
Total Team Points: 88670
Team Edison BCS 07 Submission
Total Team Points: 121905
Team Bose BCS 07 Submission
Points: 0
Anamika Arya
Head Human Resource Department
Points: 0
Mehrzaad Mogrelia
Head Finance Department
Total Team Points: 48400
Team Tesla BCS 07 Submission
Points: 0
Tejaswi Varshney
Leader
Points: 0
Avani Jatia
Head Marketing Department
Points: 0
Narendra Mekala
Head Human Resource Department
Total Team Points: 37900
Team Sarabhai BCS 07 Submission
Total Team Points: 103835
Team Leonardo BCS 07 Submission
Points: 0
Aswath S
Head Human Resource Department
Points: 0
Saurabh Kumar Yadav
Head Finance Department
Total Team Points: 76585
Team Newton BCS 07 Submission
Points: 0
Prajwal Tembhre
Leader
Total Team Points: 64010
Team Wright BCS 07 Submission
Points: 0
Ankita Rawat
Head Information Technology and Business Analysis
Total Team Points: 97315