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A PROJECT REPORT ON SWOT ANALYSIS DONE ON SUNDROP OIL(Agro Tech Foods) PROJECTEE:- BINAYAK BINDHYA GOPAL PROSENJIT SUBHABRATA VIKASH DR.D.P.SAMANTA PROF. SUMANTA MUKHERJEE PRINCIPAL FACULTY MEMBER

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Page 1: Sundrop Swot analysis

A

PROJECT REPORT ON

SWOT ANALYSIS

DONE ON

SUNDROP OIL(Agro Tech Foods)

PROJECTEE:-

BINAYAK

BINDHYA

GOPAL

PROSENJIT

SUBHABRATA

VIKASH

DR.D.P.SAMANTA PROF. SUMANTA MUKHERJEEPRINCIPAL FACULTY MEMBER DSMS BUSINESS SCHOOL DSMS BUSINESS SCHOOL

Page 2: Sundrop Swot analysis

ACKNOWLEDGMENT

Apart from our effort, the success of this project depends largely on

the encouragement and guidelines of many others. We take this

opportunity to our gratitude to the people who have been instrumental

in the completion of this project.

We wish to show our greatest appreciation to Mr.Sumanta

Mukherjee. We can not say, thank you, enough for his tremendous

support and help. Without his encouragement and guidance this

project would not have materialized.

The guidance and support received from each team member who

contributed and are contributing to this project was vital for the

success of the project.

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CONTENTS

Chapter No. TITLE

CHAPTER-1 Company profile

CHAPTER-2 Product profile

CHAPTER-3 What is SWOT Analysis?

CHAPTER-4 Consumer Behavior-Survey on the Product category:

CHAPTER-5 SWOT Analysis of the company

CHAPTER-6 Recommendations for the company

CHAPTER-7 Bibliography

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COMPANY PROFILE

About Co. - Agro Tech Foods public limited engaged in the business of marketing food and food ingredients to the Indian customer. This company afflicted to ConAgra Food Inc. of USA, which is one of the world greatest company. Chairman of the company is Greg Estep and President & CEO of the company is Sachin Gopal.

Vision - To become the best performing Most Respected Foods Company in India.

Purpose – “Nourishing family…Enriching life”

Moto – ACT NOW- It means being empowered, being agile and making a difference with a sense of urgency.

Led by the flagship brand Sundrop, Agro Tech Foods Ltd has expanded its brand portfolio through acquisition of the Rath vanaspati brand from SIEL Ltd. It also sells unrefined mustard oil under the Sudham brand in the East.

Sales & Distribution

Agro Tech has a network of 1000+ distributors spread across the country and reaches 130,000 odd outlets to sell thier products.

The company has a strong presence and a proactive stance with respect to modern trade. There are direct selling agreements in place with key accounts like Reliance Retail, Subhiksha, Spencers, Food World, Big Bazaar, etc.

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Board of Directors

Directors: Greg Estep (Chairman) Alejandro Castro Michael D Walter Lt Gen D B Singh Sanjaya Kulkarni Leadership Team: Sachin Gopal President and CEO Asheesh Sharma Head of Marketing Dharmesh K Srivastava General Manager – Supply Chain & Procurement Hemant Kumar Ruia (CFO and Head of IS & Legal) N Narasimha Rao (Vice President – Human Resources) Pradip Ghosh Chaudhuri (General Manager – Manufacturing) Raj Kanwar Singh (Head of Sales)Satish Kumar Singh (Head of Research, Quality & Innovation)

Company Secretary: (Phani K Mangipudi)

Auditors: Lovelock & Lewes Chartered Accountants Hyderabad

Registered Office: 31, Sarojini Devi Road Secunderabad – 500 003 Andhra Pradesh India .Website: www.atfoods.comRegistrars & Share Transfer Agents Sathguru Management Consultants Private Limited Plot No. 15, Hindinagar Behind Shirdi Sai Baba Temple Punjagutta Hyderabad – 500 034

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PRODUCT PROFILE

Products of the company :

1) Sundrop Superlight. 2) Sundrop Superlite advance. 3) Sundrop Heart. 4) Sundrop Gold. 5) ACT II Instant Popcorn. 6) ACT II Microwave Popcorn. 7) Healthy World Dried Green Peas. 8) Snack Break.

SUNDROP SUPERLITE ADVANCED:

Sundrop Superlite Advanced launched in 2009 is a variant of existing Sundrop Superlite which is a premium Sunflower oil.

Sundrop Superlite Advanced with added DMPS (Dimethyl Polysiloxane) ensures that the absorption of oil is less while cooking, as compared to any ordinary oil. Its advanced refining process makes it extra light.

Sundrop Superlite Advanced is also fortified with sufficient quantity of Vitamin A and D which takes care of 25% of daily requirement of these essential vitamins. So when you cook with Sundrop Superlite Advanced your family eats well & stays active and healthy throughout the day.

Price of SuperLite Advanced : - • 5lt - Rs. 508/-• 2lt - Rs. 222/-• 1lt - Rs. 99/-

SUNDROP SUPERLITE:

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Sundrop Superlite is a 100% Sunflower oil and is synonymous with the brand Sundrop. It is the market leader in the premium category of Refined Oils. Sundrop Superlite enjoys a wide base of loyal customers.

Sundrop Superlite is fortified with sufficient quantity of Vitamins A & D to provide up to 25% of daily requirements. So when you cook with Sundrop Superlite your family eats well & stays active and healthy throughout the day.

Sundrop Superlite is not just low in saturated fats and high in unsaturated fats but also has a good balance of MUFA & PUFA. It is rich in natural vitamin E & Omega-6, an essential fatty acid vital for the proper functioning of the body.

Price of SuperLite:-• 5lt - Rs. 549/-• 1lt - Rs. 113/-

SUNDROP HEART:

Sundrop Heart was launched in 2003 in the fast growing Heart care category. Sundrop Heart is a scientific blend of high quality, specially processed rich Rice Bran (80%) and Sunflower (20%) oils. It is rich in a special nutrient called 'Oryzanol', which is known to reduce bad cholesterol (LDL) levels. The consumer response to Sundrop Heart has been overwhelming. Besides its health benefit, the food cooked in Sundrop Heart is tasty, making it an ideal cooking medium for the entire family.

Price of SuperLite:- • 5lt – Rs 613/-• 1lt - Rs

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SWOT ANALYSIS-The Concept

A scan of the internal and external environment is an important part of the strategic planning process. Environmental factors internal to the firm usually can be classified as strengths (S) or weaknesses (W), and those external to the firm can be classified as opportunities (O) or threats (T). Such an analysis of the strategic environment is referred to as a SWOT analysis.

The SWOT analysis provides information that is helpful in matching the firm's resources and capabilities to the competitive environment in which it operates. As such, it is instrumental in strategy formulation and selection. The following diagram shows how a SWOT analysis fits into an environmental scan:

SWOT Analysis Framework

Environmental Scan          / \           

Internal Analysis       External Analysis/ \                  / \

Strengths   Weaknesses       Opportunities   Threats|

SWOT Matrix

Strengths

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A firm's strengths are its resources and capabilities that can be used as a basis for developing a competitive advantage. Examples of such strengths include:

patents strong brand names good reputation among customers cost advantages from proprietary know-how exclusive access to high grade natural resources favorable access to distribution networks

Weaknesses

The absence of certain strengths may be viewed as a weakness. For example, each of the following may be considered weaknesses:

lack of patent protection a weak brand name poor reputation among customers high cost structure lack of access to the best natural resources lack of access to key distribution channels

In some cases, a weakness may be the flip side of a strength. Take the case in which a firm has a large amount of manufacturing capacity. While this capacity may be considered a strength that competitors do not share, it also may be a considered a weakness if the large investment in manufacturing capacity prevents the firm from reacting quickly to changes in the strategic environment.

Opportunities

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The external environmental analysis may reveal certain new opportunities for profit and growth. Some examples of such opportunities include:

an unfulfilled customer need arrival of new technologies loosening of regulations removal of international trade barriers

Threats

Changes in the external environmental also may present threats to the firm. Some examples of such threats include:

shifts in consumer tastes away from the firm's products emergence of substitute products new regulations increased trade barriers

The SWOT Matrix

A firm should not necessarily pursue the more lucrative opportunities. Rather, it may have a better chance at developing a competitive advantage by identifying a fit between the firm's strengths and upcoming opportunities. In some cases, the firm can overcome a weakness in order to prepare itself to pursue a compelling opportunity.

To develop strategies that take into account the SWOT profile, a matrix of these factors can be constructed. The SWOT matrix (also known as a TOWS Matrix) is shown below:

SWOT / TOWS Matrix

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  Strengths Weaknesses

Opportunities S-O strategies W-O strategies

Threats S-T strategies W-T strategies

S-O strategies pursue opportunities that are a good fit to the company's strengths.

W-O strategies overcome weaknesses to pursue opportunities. S-T strategies identify ways that the firm can use its strengths to

reduce its vulnerability to external threats. W-T strategies establish a defensive plan to prevent the firm's

weaknesses from making it highly susceptible to external threats.

What is A SWOT Analysis?

A SWOT analysis may sound like a form of mission planning for James Bond. A SWOT simply stands for: Strengths, Weaknesses, Opportunities, and Threats. Each area forms a box on a grid and you fill in each section to help formulate a marketing strategy.

Strengths and weaknesses focus your business to look internally at what your business can do. Many businesses are great at looking inward but fail to look outside their company. Threats and opportunities are external; focusing on the conditions of the real-world. This is where a SWOT analysis is helpful. It challenges you to see beyond your company walls to determine what opportunities are open for your company and how to capitalize on your strengths.

While most of your analysis will be subjective, the SWOT can provide multiple benefits to your small business. These benefits can include:

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Insight into where your business can focus to grow. Understand the industry structure by using a SWOT in your

business plan. Focus your advertising and marketing on areas that give you a

competitive advantage in the marketplace. The foresight to see looming threats and react proactively.

To develop your own SWOT analysis, consider each section with a certain degree of realism and be specific. Avoid the standard line, "we are great at everything & have no competitors". Your customers will know you in the marketplace for certain attribute or things that make them say, "WOW". Don't forget the complaints of late shipments or customer issues. To effectively complete a SWOT for your organization, look at the following examples:

Strengths

Consider your strengths relative to your competitors and from your customers' perspective. For example, all your competitors may sell using the telephone, whereas you use direct face-to-face selling. Anything a customer wants that you provide and your competitor doesn't, can be a possible strength.

business location or product exclusivity patents or proprietary goods an established distribution channel

Weaknesses

It is far easier writing down your corporate strengths than weaknesses. Think of objections your customers raise during the sales process. Think of your competitors' remarks. Is there any truth to what they say?

limited human resources and staff high cost of production

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products or service similar to competitors'

Opportunities

Your small business is influenced by the external environment, such as: legal, political, technological, and cultural factors. Consider what can make your business obsolete, and what will replace it. Threats can become opportunities or vice versa.

Government regulation softening. Development of new technology. Growing trend and customer base.

Threats

New substitute products emerging. Price competition. Economic pressure.

SWOT Analysis Limitations

While useful for reducing a large quantity of situational factors into a more manageable profile, the SWOT framework has a tendency to oversimplify the situation by classifying the firm's environmental factors into categories in which they may not always fit. The classification of some factors as strengths or weaknesses, or as opportunities or threats is somewhat arbitrary. For example, a particular company culture can be either strength or a weakness. A technological change can be a either a threat or an opportunity. Perhaps what are more important than the superficial classification of these factors are the firm's awareness of them and its development of a strategic plan to use them to its advantage.

CONSUMER BEHAVIOUR

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“SWOT” ANALYSIS OF THE COMPANY(AGRO TECH FOODS LTD)

STRENGHTS OF THE ORGANISATION:

• A dominant player in the edible oil and branded foods sector, in India.

• Strong affiliation with ConAgra Foods Inc of USA, world third

largest foods company. • Still the largest selling sunflower oil brands hold with 15% of

branded oil market.

• Sundrop heart also used the health platform so it associated with heart patients and fulfill niche customer requirement.

• It has also acquired a fairly strong presence in the mass market for edible oil through its low priced brand, Crystal

WEAKNESS OF THE ORGANISATION:

• Limited market penetration in edible oil market.

• Taste of sundrop heart is less tasty.

• Rural areas are not approach of company.

• Limited market penetration in food processing industry.

• Price of product id slightly high that affect the demand.

OPPORTUNITIES OF THE ORGANISATION :

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• Sharp increases in demand of branded oil.

• India has a wide-ranging and large raw material base suitable for food processing industries.

• India has developed advance technology to support food processing industry.

• High market awareness in metropolitan city of branded oil.

• India’s comparatively cheaper workforce can be effectively utilized to setup large base for domestic and Export markets.

• Liberalized overall policy regime.

• Rapid urbanization, increase literacy and rising per capita income, have all cause rapid growth and changes in demand patterns.

THREATS OF THE ORGANISATION:

• The treats of low price competition.

• Engine, Fortune, Dhara, Nature Fresh and Saffola are big competitor in edible oil.

• A large number of domestic as well as multinational players.

• Highly competitive industry.

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RECOMMENDATIONS FOR THE COMPANY

1. The company should approach the rural areas to widen their base and reach which would bring more profit for them.

2. The company should think of reducing their price slightly which might affect the demand of the oil during inflation.

3. The company should have more market penetration in the food-processing industry.

4. They should come up with a mustard oil of their own which can be less on price and high on quality.

5. The company can think of increasing the taste of Sundrop Heart oil.

6. To use the latest technology available in the food-processing industry.

7. To utilize the cheaper human resource to expand their base on domestic and export markets.

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BIBLIOGRAPHY

Website name:

www.google.com www.managementparadise.com www.wikipedia.com www.atf.com

Books prefer:

Marketing Management- Rajan Saxena

Marketing Management- Philip Kotler.

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THANK YOU