The document is a project report submitted by Krishnendu Chowdhury summarizing his 7-day internship at The Gourmet Food Bazaar store from January 23-29. During this time, he learned about store operations and supervised the operations department. He gained experience in inventory management, vendor payments, and reducing waste and shrinkage. The report includes an acknowledgement section, background on the Future Group company that owns Food Bazaar, and a summary of his duties and learning experience during the internship.

1. PROJECT REPORT ON THE „ FOOD BAZAR ‟ from 23rd JANUARY
TO 29TH JANUARY
Retail is our religion. Customers are our gods.
Namastey
SUBMITTED TO:
IGSM BUSINESS ENGAGEMENT TEAM
By
KRISHNENDUCHOWDHURY
ROLL- FT-FS (11)-324
PGD-FS (2011-2013)
1

2. Activities of the Organization
The „Gourmet‟ food bazar is one of the stores under Future Value Retail Ltd.
The storeis unique form its other outlets because of its location. The customers are
mainly from higher income group so it offers them premium quality products. It
has given special preferences to imported food items for its premium customer
group. Also here 1/3rd of the customers are for foreigners, so always they try to
promote our Indian culture to them. They greet every customer by saying
„NAMASTEY‟. They also sell non-food items like cosmetics besides the food.
The Live-kitchen in the store is also helping to attract more customers.
Summary of the Report
My project started on 23rd January2012 and it ended on 29thJanuary 2012. During
the time of 7 days, I learnt many things there. First two days I was in the floor to
get an overview of the whole process then I used to supervise the Operation
department of the store. It was the backbone for the proper functioning of the
whole store. So I have to take extra responsibility while doing work. I use to
supervise the receiving of goods & dispatch them to the floor. Also if there was
some MRP mismatch I had to take decisions regarding that .
2

3. ACKNOWLEDGEMENT
I would like to take this opportunity and thank all those who
assisted and coordinated me in the completion of the project.
I also wish to place all my gratitude to all the members of
„Gourmet Food bazar‟ for their cooperation in the completion of
this project.
Finally I am thankful to my family members, my teachers &
friends for their support and encouragement.
KrishnenduChowdhury
3

4. Table of Content:
Sr. No. Index Page No.
1. Cover 1
2. Activities of the 2
Organization
3. Summary of the 2
Report
4. Acknowledgement 3
5. Table of Content 4
6. Background of 5-6
Company
7. Summary of 7
Duties
8. Working 8
Experience
9. Summary 8
10. References 8
4

5. Background of Company
On the year 1987 the company is incorporated under the name of Manz Wear
Private Ltd. Since then for the last 25 years it connects with a diverse and
passionate community of Indian buyers,sellers and businesses. The collective
impact on business is staggering: Around 220 million customers walk into its
stores each year and choose products and services supplied by over 30,000 small,
medium and large entrepreneurs and manufacturers from across India. And this
number is set to grow.
Future Group employs 35,000 people directly from every section of our society..
The company believes in the „Indian dream‟ and have aligned its business
practices to a larger objective of being a premier catalyst in India‟s consumption-
led growth story. Future group is trying to make a positivesocio-economic changes
in communities to help the Indian dream fly high and the ‘Sone Ki Chidiya’ soar
once again.
Pioneers in the India‟s retail space, its formats are household names in more than
85 cities and 60 rural locations across the country.
Its stores cover around 15 million square feet of retail space and attract around 220
million customers each year.
Pantaloon Retail (India) Limited focuses on the lifestyle retail segment led by
thePantaloons and Central formats.
Future Value Retail focuses on the value retail segment through the Big
Bazaar, Food Bazaar and KB’s Fairprice formats.
5

6. Business
Key Group Companies
Retails
Services
While retail forms the core business activity ofFuture Group, group subsidiaries
are present in leisure and entertainment, brand development, retail real estate
development, retail media and logistics. Some of its other businesses include,
mobile telephony brand, T24, operated in association with Tata Teleservices, a
supply chain and logistics infrastructure company, and a company engaged in
providing educational and training services through three Future Innoversity
campuses in Ahmedabad, Bangalore and Kolkata.
Finance
In the financial space, its group companies offer consumer finance and insurance to
customers, as well as corporate loans and equity investments to companies
engaged in consumer businesses.
6

7. Summary of Duties
My Live Project starts on 23rd January2012 and it ends on 29th January 2012.
During these7days, I always reports there at 12pm and my daily work finished at 8
pm. During these 7 days, I was daily present there except 26th January because that
day metro service was not available till 2:30 pm due to security reason.
During my training session, my main duty was to supervisethe whole
operation department Which includes making purchase order & send it to
zonal office, receiving the goods from the vendors & stock them in the
inventory. When there is a requirement of products I have to make sure that
it was available at right quantity. In the process I get the experience to work
with software called “Project Sarathi” developed by Sap. Its used for better
operation of store & inventory. Also I learn to use software called “Sparsh”
used for human resource purpose & to compare various activities with other
Food BAZAR outlets.
7

8. Working Experience
After completing Live Project from FOOD BAZAR, I got a huge exposure
of doing practical things. I came to know that in the FOOD BAZAR for
inventory management MBQ is followed & also FIFO is followed there. I
came to know about the distribution channel of food bazar. Also learn to
work in “SAP‟‟. The challenges I faced during my duties are
Minimizing dump
Shrinkage
Stock availability
Vendor payment issues
Pay back card
Summary
I have done my Live Project from FOOD BAZAR. It starts on 23RD January2012
and its ends on 29th January 2012. The duration of the project was 7 days. I did this
training from Operation department. During these 7 days, I learned many things. I
gained a huge experience after completed the training period. I learned how to
handle operational problem of a store while maintaining a good profit for the
organisation, I learned how to solve problems related with operation department.
These are the learning outcome of mine after completed the training program from
FOOD BAZAR.
References
www.google.com
http://www.futuregroup.in/
8

9. .
9

10. 10