Professional Documents
Culture Documents
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1.1
Company overview
Akij Group of Industries is one of the leading Industrial Groups in Bangladesh, which started with trading business in a humble way in early 1940. Today, Akij Group has 20 large-scale Industrial and Commercial Units in its fold such as Jute, Textile, Leather, Hard Board, Pharmaceuticals, Printing & Packaging, Beverage, Cement, Real estate, Safety Match, Chewing Tobacco, Bidi & Cigarettes etc. having an employment strength of 21,000 workers & staff in different categories. Akij Group is one of the biggest companies in Bangladesh. Akij Company a very much focus company. Akij food and beverage is one of the biggest part of Akij group. It was established in 2004 for its factory with 158 employees and in 2005 the employees were 180 for marketing. Akij Food & Beverage Ltd. has been established at a beautiful site Krishnapura, Dhamrai of Dhaka. It has come with the best food & beverage in Bangladesh. Akij food and beverage was started with a very little capital but now its production is very high and in future it will increase more. Here different types of food products are produced. After fulfilling the requirement of our country it is exporting products to the foreign countries. We have seen this industries development a few days ago. AFBL is a private limited company. The main object of the owner is to produce goods to fulfill the demand of the people and after fulfilling the demand to export the products of Akij food and beverage in foreign countries. With producing the goods it will also create employment for the people of this poor country.
1.2
Mission
Produce goods to fulfill the demand of the consumer After fulfilling the demand FABL export the products Promote employment generation and poverty alleviation Promote innovation and renovation Aim to be a multinational company
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1.3
Vission:
Act as the food manufacturer of the best quality in the country
1.4
Mojo
Cola
Speed
Energy Drink
Soft drink
Chips
100 gm
Water
250ml 1000 ml
10 20
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1.5
Production concept: is the idea that consumers will favor products that are widely available or highly affordable.
- Large production and effective distribution channel is important. - Price of the products remains relatively low and they are available almost everywhere.
Product of AFBL: 1. 2. 3. 4. 5. Spa drinking water Mojo cola Chikey Monkey Speed Energy drink Clemon & Lemu soft drink
Product concept is the idea that consumers will favor products that offer the most quality, performance, and features for which the organization should therefore devote its energy for making continuous improvements. - Research & Development activities and putting emphasis on customer preference is essential.
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1.6
According to the Council of Supply Chain Management Professionals (CSCMP), supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. It also includes the crucial components of coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies. More recently, the loosely coupled, self-organizing network of businesses that cooperate to provide product and service offerings has been called the Extended Enterprise.
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Raw materials
Production
Dealer
Retailer Customer
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Akij Online Ltd. Akij Food & beverage Ltd. Akij Jarda Factory Ltd. Nebula Ink Ltd. Ink Akij Institute of Technology Ltd. Savar Industries (Pvt.) Ltd. Akij Toiletries Ltd Akij Footwear Ltd.
Newsprint Paper, Tobacco Leaf, Gammed Tape 73, Dilkusha C / A, Akij Address: Chamber, Dhaka. Above 1000 People Number of Employees: 1980 Year Established: Legal Representative/Business Owner: Sk. Mohiuddin North America South America Western Europe Eastern Europe Eastern Asia Southeast Asia Mid East Africa Oceania
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Shoes, Boots, Sandals (Ladies& Gents) Italy, Germany, Spain, Hong Kong, India, Japan
Production in Akij Footwear Ltd. is being led under close supervision of foreign experts with appreciable skilled workers and strict management to produce High Quality Fashionable shoes according to world latest fashion
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trends. We are ISO 9000:2008 certified by MOODY INTERNATIONAL for our world class product quality.
In storage, the tobacco is kept in air-conditioned and moisture controlled rooms where its perfection can be maintained for up to two years.
The bales of processed tobacco are sliced in uniform sizes and ground. This is stored in the blending silos in specific ratios. The tobacco (lamina) is moistened, cut and dried. Some of the excess stem produced in National Leaf is also used. It is fed into a conditioner using auto feed. Then, it is cooled and stored in silos to be processed further when necessary. A stem roller is used to flatten the stem so that it is ready to be cut first by the cutter and then by a millicutter. It is moistened using steam in low pressure and dried to attain the desired level of humidity. At this point the lamina and stem come together in the mixing cylinder where chemicals are added. There are different silos for each blend and the cut tobacco is stored in these. Four Rotary feeders are involved in transporting this to the secondary manufacturing department.
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A Molins Plug making machine makes filters. The filter making machine is capable of making plugs of different length and dia. There are cigarette making machines of various brands and speeds. Recently, the company has invested in Molmac Mark 9 machines. They are equipped with a system to remove ferrous material and stems from the tobacco supplied to the machine. In addition, there is an automatic system of weight and density control to maintain uniformity. Focke Hinge Lid Packers are used for packing cigarettes.
Quality Test Module is used to test the circumference of cigarettes and filters using a laser mike head, the total ventilation with closed ventilation zone and the pressure drop in cigarettes is a completely encapsulated condition. The percentage of moisture, nicotine and sugar in various blends is found using the Infralab TM Gauge. A Tobacco Oven determines the total oven volatile content of tobacco and stems. There are a variety of other installations to measure both physical and chemical properties, with the most impressive being a latest smoking machine.
The machines run around the clock except on Friday when most of the maintenance work is done. The well disciplined environment and efficiency of this factory has caused man multinational companies to offer us deal to manufacture their product in order to supply the subcontinent. 1.7.4 Akij Printing & Packaging Ltd. APPL is one of the biggest printing & packages in Bangladesh. The most modern and sophisticated technology of APPL have ensured our high quality printing and packaging including the best quality wide format digital printing system in Bangladesh. Situated in Tongi and Navaran, two factories provide almost all the packaging required by the group. Besides this, they also provide packaging for other companies. The paper needs to be slit and trimmed before printing. Goebel Optima 2000 are multiple slitters, they are able to work with paper, board and film.
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There are various types of printing machines. The Heidelberg Speed master CD102 does four colour offset printing. It is capable of printing 45,000 impressions per shift. There is a Gravure 7 colour printing machine capable of printing 150 m per minute. Some of the stations may be shut off to enable images of smaller numbers of colour to be printed with this machine.
The printed media are then cut to the appropriate sizes by easily programmable machines. These then go through the folding and gluing process. There are wet and dry laminating machines for waterproof packaging. These factories are engaged in advertising and not only printing posters. A state of the art new printing machine is able to print front-lit, back-lit and other types of signs on a variety of media.
polished in two stages to give the muni form proportions. The quality is very strictly controlled. At every stage, nonstandard products (wood layers or sticks) are rejected. However, the seare not wasted. The sticks, wood layers and any other scrap wood goes to be recycled in AKIJ Particle and Hardboard Mills. The faults in the rejected matches are dealt with and these are packed manually. The bulk of the matches are packed by rotary packers and these go directly to the market
conveyer. The vortex separator separates coarse and fine cement by using high pressure. The fine cement is the finished product whereas the coarse cement needs to be ground again. The fine cement is stored in silo sand intricately controlled conditions. This cement goes to the packing machine by a screw conveyer and from there to the jetty by a belt conveyer. The factory is equipped with air filters in order to minimize pollution and recycle any cement that is suspended in the air. The entire production process is computer controlled and there are sensors to monitor various factors at regular intervals. The level of automation reduces dependence on staff and risk of human error. The software controlling the machines allows engineers to view progress on a computer stimulated model of the factory. It also reports problems and permits fine control of every stage. The laboratory is not only involved in quality control but also on improving the cement to being the best brand available. As well as equipment to determine chemical properties of the product, there is apparatus to measure physical factors both before and after the cement has set.
unit. It employs about 1,200 people who works in a congenial atmosphere to deliver right quality to satisfy the million of Smokers taste and needs. Currently, Dhaka Tobacco industries produce eight brands of cigarettes. These are Navy, Legend White, Five Star, Red & White, K2, Surma and Diamond. Approximately one billion cigarettes are produced per month by the companys factory in Tongi, Gazipur.One hundred million of the Navy brand are exported quality and are sold in Dubai, London. In storage, the tobacco is kept in air-conditioned and moisture controlled rooms where its perfection can be maintained for up to two
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years. The bales of processed tobacco are sliced in uniform sizes and ground. This is stored in the blending silos in specific ratios. The tobacco (lamina) is moistened, cut and dried. Some of the excess stem produced in National Leaf is also used. It is fed into a conditioner using auto feed. Then, it is cooled and stored in silos to be processed further when necessary. A stem roller is used to flatten the stem so that it is ready to be cut first by the cutter and then by a mill cutter. It is moistened using steam in low pressure and dried to attain the desired level of humidity. At this point the lamina and stem comes together in the mixing cylinder where chemicals are added. There are different silos for each blend and the cut tobacco is stored in these. Four Rotary feeders are involved in transporting this to the secondary manufacturing department. Molins Plug making machine makes filters. The filter making machine is capable of making plugs of different length and dia. There are cigarette making machines of various brands and speeds. Recently, the company has invested in Molmac Mark 9 machines. They are equipped with a system to remove ferrous material and stems from the tobacco supplied to the machine. In addition, there is an automatic system of weight and density control to maintain uniformity. Fokker Hinge Lid Packers are used for packing cigarettes. Quality Test Module is used to test the circum ference of cigarettes and filters using a laser mike head, the total ventilation with closed ventilation zone and the pressure drop in cigarettes is a completely encapsulated condition. The percentage of moisture, nicotine and sugar in various blends is found using the Infralab TMGauge. A Tobacco Oven determines the total oven volatile content of tobacco and stems. There are a variety of other installations ensure both physical and
chemical properties, with the most impressive being a latest smoking machine. The machines run around the clock except on Friday when most of the maintenance work is done. The well disciplined environment and efficiency of this factory has caused man multinational companies to offer us deal to manufacture their product in order to supply the subcontinent.
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1.8
Product mix length is the total number of items the company carries in a one product line. Product line depth is the number of versions offered of each product in the line.
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Boots
K2
Surma
Upper finish Akiz Zorda leather (Beli) 50gm 25gm 12.5gm Nappa calf Vhiza Patti 25gm 10gm Crust
Akij group have more than 23 companies in Bangladesh. Here we only discuss their 5 top company. In the table we try to focuses their line depth, line width line length. Their consistency product mix is not good because they have different product line where unilevers product line is more consistences.
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1.9
Brand Name
Existing
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New
Akij Textile Mills Ltd. Akij Pharmaceuticals Ltd. Akij Particle Board Mills Ltd. Akij Computer Ltd. Hardware & Software Akij Online Ltd. Akij Food & beverage Ltd. Akij Jarda Factory Ltd. Akij Printing & Packages Ltd. Akij Toiletries Ltd
Frotika Juice: AFBL followed the Product Line Pricing strategy for Frotika Juice. Because Frotika Juice has three type of flavor like as:
1. Frotika Juice Mango flavor 2. Frotika Juice Orange flavor 3. Frotika Juice Graps flavor
Mojo Cola: For Mojo, AFBL followed the Market Penetration Pricing strategy for attracting people vary rapidly to gain market share. Because when Mojo launched in the market with low price(12 tk only) at that time the other product had lower maximum price between the Mojo.
Clemon & Lemu Soft drink: AFBL followed the Market Penetration Pricing strategy for attracting people vary rapidly to gain market share. Because when Clemon & Lemu
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launched in the market with low price(12 tk only) at that time the other product had lower maximum price between Clemon & Lemu soft drink. AFBL also followed the Product Line Pricing strategy for clemon & lemu because this two product category are same but their flavor is pretty much changed. Speed Energy drink: AFBL followed the Market Penetration Pricing strategy for attracting people vary rapidly to gain market share. When other energy drinks are above 25 tk then speed is only 22 tk. So they are trying to capture maxium market for their energy drink. Spa minarel water AFBL followed the Market Penetration Pricing strategy for attracting people vary rapidly to gain market share. From their first lunch of this product the price is same where other drinking water are 12 tk.
Chikey monkey: AFBL followed the Market Penetration Pricing strategy for attracting people vary rapidly to gain market share. They try to hold and capture new market share from other chips.
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Advertising
Direct Marketing
IMC Mix
Personal Selling
Public Relations
Sales Promotion
Sales promotion is the short-term incentives to encourage the purchase or sale of a product or service for a particular time, place or event depending on company objective. Sales promotion is more influential tool comparing to advertisement and company offers sales promotion to achieve a certain sales goal. Advertisement is any paid form of non-personal communication about an organization, goods, services or idea by an identified sponsor.
Tvc
Print media
Special day game show Sales Promotion Mojo kinle kosai free (In kurbani eid)
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Trade promotion Of AFBL: Some trade promotion of AFBL as follow: 1. Allowance: AFBL give 41 tk in 1000 sale. 2. Trade discount: All parterner get special discount of buying product from AFBL. 3. Sales contest: If any partner fulfill their target sale, then AFBL give them special gift 4. Training facilities: AFBL give training facilities to their partner for increasing sells efficiency.
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Place Place represents the location where a product can be purchased. It is often referred to as the distribution channel. It can include any physical store as well as virtual stores on the Internet. Promotion - represents all of the communications that a marketer may use in the marketplace. Promotion has four distinct elements: advertising, public relations, personal selling and sales promotion. A certain amount of crossover occurs when promotion uses the four principal elements together, which is common in film promotion. Advertising covers any communication that is paid for, from cinema commercials, radio and Internet adverts through print media and billboards. Public relations are where the communication is not directly paid for and includes press releases, sponsorship deals, exhibitions, conferences, seminars or trade fairs and events. Word of mouth is any apparently informal communication about the product by ordinary individuals, satisfied customers or people specifically engaged to create word of mouth momentum. Sales staff often plays an important role in word of mouth and Public Relations. Any organization, before introducing its products or services into the market; conducts a market survey. The sequence of all 'P's as above is very much important in every stage of product life cycle Introduction, Growth, Maturity and Decline.
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Competitor evaluation
AFBL product Frutika Mojo Direct compititors Fruto Pran Cola RC Cola Clemon & Lemu RC Lemon Substitute ACME Cocacola Pepsi 7up Mountain Due Spa Minarel watel Fresh Acme Pran Chikey monkey chips Potato crackres Meridean chips Speed UHT Fresh milk Tiger Arong milk Pusti Milk Black horse Milkvita Pringles Mum
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We dont have any primary data; we made this report base on secondary data
Secondary Sources Through visiting the website, collecting brochure and information from super shop and the secondary data have been collected. We have used class lecture.
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3.1
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Chapter 4 Suggestions
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4.1 Suggestions
So, considering all of the factors and feedback from the respondents we have given some suggestions and recommendation in our
Recommendation part. The major recommendations are given below: As we found that Akij is investing a huge amount of money in advertisement and promotional activities that is obviously increasing the price of their products. Since the people already know their brand, they can cut down some portion of their promotional cost to make their product cheaper than the current price. Frutika is being marketed to the mass population only in three flavors like mango, orange and grapes. But the other flavor like lemon, pineapple and mixed fruit are very much fond of by the customers. So they should introduce some new flavor to make their product lines stronger than the existing one.
They dont have any 500ml pack. Not only that in foil pack they are absent in the market. So they should immediately introduce their products in different available and reason pack size that are convenient to the customers like 500ml, 150ml junior pack and 2000 ml family size too. Business creates problems (such as air and water pollution, resource depletion) and should therefore help to solve them; Corporations are citizens in our society and should not try to avoid their obligations as citizens. Businesses often have the resources necessary to solve the social problems as many business organizations often have surplus revenues. Business is a partner in our society, along with the government and the general Population.
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We think that if the management considers the above mentioned recommendations and cope up with the changing market demand Frutika will be able to lead the fruit juice market of Bangladesh for along time.
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Chapter 5 Conclusion
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5.1 Conclusion
Akij Group is one of the fastest business conglomerates in Bangladesh. Akij Group growth is day by day increase and it Coverage: Around 90% of Bangladesh based on the Annual Report-2008. The company of Akij Food and Beverage has a product line of almost all the types of drink and snacks. We made an inquiry regarding customers find solution for meeting the need of lemon flavored clear carbonated beverage within Clemons target range the percentage is very good. It has not been long since Akij group brought out Mojo and Lemu. They have already gained huge popularity. The recent success of Akij group is Frutika, which delivers the promise of no reservatives. The Group has plans for setting up more projects. The projects are already in pipeline. Foreign investors have shown keen interest in joining with us for joint ventures. The matter is under our active consideration and will hopefully soon mature. This will also help the nation's economy growth and will create job opportunities to various professionals. Akij Group is also involved in socio-cultural activities. The Group has been operating a sizeable orphanage free of charge in district town. The Group has also acquired a modern mother & children hospital previously owned by Save the Children (UK). The hospital is being operated as a non-profitable concern. But the company needs to be more concerned about society and environment. Because Industries are most responsible for pollution that could occur harm for environment. And AFBL also need to be involved with more social event. Because have the resources necessary to solve the social problems as many business organizations often have surplus revenues.
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