Kohinoor Jewelers is an imaginary jewelers from Nagpur,who are in their 75th year and are opening the Diamond specialty store known as Diamond Arcade in the hometown ,Nagpur. It is basically a short business plan submitted in accordance with Retail management subject in PGDM course in IMT Nagpur. There are some mistakes which we have done, we are apologized for same and any other comments or feedback will be appreciated.
Any reference to living person or fact or store is pure coincidental.
PS: Our presentation was runner up in the course.
this is a very good example of a POB sba I have gain a grade one (1) this will help you to gain that as well.... you can ask me for help on facebook @ dwayne the new version
Listado de precios specialtech 03 de junio de 2014
visitanos en nuestra pagina web www.specialtech.com.co
nuestro horario de atencion es de lunes a viernes de 8am a 7pm jornada continua ¡¡¡¡ te esperamos con los mejores precios !!
this is a very good example of a POB sba I have gain a grade one (1) this will help you to gain that as well.... you can ask me for help on facebook @ dwayne the new version
Listado de precios specialtech 03 de junio de 2014
visitanos en nuestra pagina web www.specialtech.com.co
nuestro horario de atencion es de lunes a viernes de 8am a 7pm jornada continua ¡¡¡¡ te esperamos con los mejores precios !!
To generate revenue and employment, by providing the
highest value to our B2B clients through personal
engagement and innovation along with ethics, efficiency,
honesty, and integrity in our daily functioning always.
To establish Privilege Exports as an industry leader,
patronizing Indian Craftsmanship with MAKE IN INDIA
Philosophy through innovative products, high standards of
quality, and technological excellence.
In May 2018, we took on the challenge of developing an entrepreneurial project "Laundry Business". Our mentor was honorable faculty of North South University, Mr. Rehanur Rahman. During our 3-months tenure, we had worked on building business model, product delivery model, marketing plan, marketing mix, organizational plan, assessment of risk, investment break down, and sources and application of funds of Laundry Business project. Finally, we had produced a proper financial plan to make this project a successful one.
Putting the SPARK into Virtual Training.pptxCynthia Clay
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
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A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
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Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
2. Presenters
AAKASH KISHAN
AASHIMA DUA
ABHISHEK DUA
ACHINTYO DAS
AMEY MAIRAL
ANURUPA BANERJEE
APOORV DWIVEDI
3. Vision:
To be amongst the most reputed and leading jewellery
companies in India.
Mission:
To provide high quality jewellery and exquisite designs and
excellent customer service at affordable prices.
Our Values:
Honesty
Integrity
Transparency
Friendliness
4. History:
Kohinoor Jewellers, with a heritage of 75 years, is one of the
oldest jewellery organizations in India that started its
operation in 1938. Over seven decades, the company has
managed to keep its jewellery designs contemporary
considering modern needs and preferences, yet sustained the
core values and essence.
With more than 45 showrooms in India covering 80000
square feet, with more concentration on west. It has
maximum stores (15) in Nagpur.
Kohinoor Jewellers, export operations covers countries like
USA, UK, Singapore and Middle East. It has a manufacturing
unit in Mumbai that employs more than 300 karigars and
creates 10000 pieces of jewellery every year.
5. Current Industry Scenario:
The gems and jewellery industry occupies an important
position in the Indian economy. It is a leading foreign
exchange earner, as well as one of the fastest growing
industries in the country.
The two major segments of the sector in India are gold
jewellery and diamonds. Diamond jewellery forms around 20
per cent of the Indian jewellery market that includes diamond
and gemstone studded jewellery.
Gems and jewellery is one of the fastest growing sectors in the
Indian economy with an annual growth rate of approximately
15 per cent. The gems and jewellery industry accounts for
nearly 20 per cent of the total Indian exports and employs
over 1.3 million people, directly or indirectly.
6. Change in Market trends:
Today’s consumers like innovative design patterns with a traditional touch,
which adds to variety and range.
With the arrival of international branded jewellery in the domestic market,
the industry is subject to stiff competition and is expecting a gloomy
growth.
The increase in disposable income in the consumers is making them to ask
for better products and services, and a better shopping environment.
Organized retailing in the country’s small towns is already growing at over
50-60 per cent a year, compared to 35-40 per cent growth in the large cities.
The major challenges faced are from the branded jewellers. They have
dominated the market for years, although their pricing is slightly expensive
than ours.
Today, price is not the only consideration as it was a few years back, when
prices used to play a major role in purchasing.
7. •Location at Poonam Chambers
•It is secondary business unit.
•It has a chain format.
9. MERCHANDIZING
Jewellery manufacturing unit at Mumbai
Capacity of the factory is to produce 10,000 pieces
per annum
Diamond jewellery is manufactured in 18 cts gold and
VVS quality of diamonds in GH colour are used in
the diamond jewellery
14. RETAIL OPERATIONS
1. STORE ADMINISTRATION AND MANGEMENT
PREMISIS
OF
Days : Monday-Saturday
Timings : 11 AM- 8 PM
Transaction/ hour = number of transaction/no of hours =
12/9 = 1.33
Sales per transaction = net sales / number of transactions
= 2,10,000/360 = 58,333
Hourly customer traffic = customer traffic in / number of
hours= 40/9= 4.44
15. STORE ADMINISTRATION
Cleanliness
stock in the display windows are changed every week.
AT 10 AM the store manager arrives and start with the
setting up and arrangement of the stock.
16. 2. MANAGING INVENTORY AND DISPLAY
Documented procedure for handling merchandise
quantity and other details like weights and sizes have
to be checked with the document accompanying the
goods, to detect any discrepancies.
17. 3. MANAGING RECEIPTS
We accept cash, draft, credit card, debit card and credit
facility to trusted customers.
18. Budgeting and Financing
Set up cost : Rs 4,00,000
Security system(5 cameras):7500
Rental cost : Rs 1,20,000 per month.
Salary of sales persons(4): 28000 per month.
Karigar’s salary(2): 24000 per month.
Store manager salary(1): 18000 per month.
Housekeeping staff(2):3000 per month.
Security guard salary(1): 5000 per month.
Electricity bill: 40000-50000 per month
Advertising and promotion expenditure: 20,00,000 per annum
Miscellaneous expenditure: 10000 per month.
Average manufacturing expenditure of jewellery: 1,35,00,000
19. Competition Analysis
TBZ jewellers
Tanishq jewellers
Batukbhai jewellers
Sathe jewellers
Parekh jewellers
Londe jewellers
Das jewellers
These jewellers are all located in Dharampeth , Sadar
and Sitalbuldi area where they have a number of retail
stores operating.
20. MARKETING STRATEGY
Expanding into new venture
Exclusive diamond showroom for celebrating 75th year
of Kohinoor Jewellers
Hoardings at places like Ramdas Peth, Byramji town
and other upscale areas of Nagpur
Special brochures for new store.
Inauguration by Madhuri Dixit.
Online promotion through facebook and twitter.
Web Sales has increased with emergence of ecommerce.