Ost at Godrej & Boyce Mfg

8/6/2019 Ost at Godrej & Boyce Mfg

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OST AT GODREJ & BOYCE MFG.

CO. LTD. MOHALI


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INCEPTIPON

Started in 1897 as locks manufacturing company, the

Godrej Group is today one of the most accomplished and

diversified business houses in India.

In 1897 Ardeshir Godrej gave up Law and turned to lock

making and went to make safes and security equipment of

the highest order. His brother Pirojsha Godrej then lead

Godrej towards becoming a vibrant, multi business

enterprise.

Godrej's success has been driven by the company's

commitment to delivering innovation and excellence.


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CONTD

The company was incorporate with limited liability on March 3, 1932

under the Indian Companies Act, 1913.

Sales(including excise duty): Fiscal year 2009-10: Rs. 46 billion (US$ 970

million) Combined Sales of the Company and its major subsidiaries andaffiliates, for FY 2009-10: Rs. 116 billion (US$ 2.5 billion)


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VISION

Godrej in Every Home and Workplace

MISSION

Enriching Quality of Life Everyday Everywhere

VALUES

Integrity Trust To Serve

Respect Environment

Godrej & Boyce Mfg. Co. Ltd.


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EVOLUTION OF GODREJ

year 1997 year 2006 year 2008


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CORPORATE PROFILE

BOARD OF DIRECTORS

Chairman & Managing Director: JAMSHYD N. GODREJ

Executive Directors:

Phiroze D. Lam Kyamas A. Palia

Vijay M. Crishna Anil G. Verma

Navroze J. Godrej

Non-executive Directors:

Adi B. Godrej Nadir B. Godrej

Kavas N. Petigara Fali P. Sarkari

Pradip P. Shah Anita Ramachandran


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EMPLOYEES: 10,800 (including 2,000 in Sales and Service)

BANKERS: Central Bank of India, Union Bank of India, Citibank N.A., ICICI

Bank Ltd., State Bank of Patiala, Axis Bank Ltd., Export-Import

Bank of India

STATUTORY AUDITORS:KALYANIWALLA & MISTRY, Chartered Accountants


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BUSINESSES

GODREJ & BOYCE MFG. CO. LTD. has the following

businesses

Appliances: Refrigerators, Washing Machines, Air

Conditioners and Microwave Ovens

Interio furniture: office, home, laboratory furniture

Locks and security solutions: pad locks, furniture locks,

strong rooms, lockers.

Material handling: forklifts, warehouse trucks etc.

Industrial products: sheet metal dies, special purpose

machines, etc.


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ORGANIZATION STRUCTURE


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AGM commercial

AGM

interio

AGM

Prima

AGM

Storage solutions

AGM

Security

solutions

AGM Finance

AGMHR

Plant manager

Supervisors

Workers

ManagersSale and purchase

Manageraccounts


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FINANCE DEPT.

Management of accounts

Management of purchase orders

Preparation of financial statements for the purpose oftax payments

Making sure that all legalities and policies for sale and

purchase are being followed.

Payment of salaries

All other expenses


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MARKETING DEPT.

Promotion of products

Research customer needs to develop strategy and product

to satisfy that customer need. In its research, the

marketing department will investigate the market they areaiming at; the type of consumer making up the market

(age, background sex etc) and the preferences of the

consumer within that market.

Innovation of new and creative ideas for promotion


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HUMAN RESOURCE DEPT.

Recruitment

Training & Competency Development

Framing of Policies

Communication

Employee Engagement

Grievance Handling

Contract Labour

Security

Safety


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SWOT ANALYSIS

Strengths

The Company has got wide range of branches within the

country.

The Company has wide range of product line.

The Company has there respectable and believable brand

name.

Company is having large number of customer with highersatisfaction.

Exchange offers.


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Weakness

The Company does not go for advertising, which is one of

the biggest disadvantage of Godrej.

Manpower is less at sale officer level so that it affecting

directly on the way of sale.

The effective selling schemes are not available like

payment on installments.


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Opportunities

Technical up gradation time to time is also one of the

opportunities.

Opportunity in providing exchange offer in Air-

conditioners and microwave oven.

Threats

The growing competition in the Appliances sector isthreat for all manufacturing companies so it is also

threat for Godrej to stand in the market with the

higher position.


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THANK YOU

Ost at Godrej & Boyce Mfg

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