Future group 5

FUTURE GROUP

Present By Group No

5

INTRODUCTION

An Indian private conglomerate,Incorporated in 1987Headquartered In Mumbai. Employees more than 80000 peopleSignificant prominence in Indian retail and

fashion sectors, supermarket lifestyle stores

BIG BAZAARIt is hypermarket Founded in 2001 Headquarters jogeshwari, MumbaiIndustry is retailProduct department, grocery storePromoter is kishor BiyaniParent group is pantaloon retail India

ltd(future group)Punch line “Naye India ka Bazaar!”

VISION AND MISSION VisionFuture group shall deliver everything, everywhere,

every time for every Indian consumer the most profitable manner.

MissionLeading to economic development.Be trendsettersInfuse Indian brands.Be efficient and cost conscious We shall ensure that our positive attitude, sincerity,

humility and united determination shall be the driving force to make us successful.

CORE VALUEIndianness LeadershipRespect and humilityIntrospectionOpennessValuing and nurturing relationshipSimplicity and positiveAdaptabilityFlow

MAN BEHIND BIG BAZAARKishore biyani is the CEO of

future Group He was born in August 1961Kishore found pantaloons 1997Onsiders ‘indianness’ as the core

value driving the groupMr. Kishore has won following

awards and honors2006 Ernst and young

Entrepreneur of the year award 2006 lakshmipat singhania- IIM

lucknow young business leader

COLLABRATIONApollo Design Apparel Parks Limited Equity Future Generali India Insurance Company Integrated Food Park Private Limited Sprint Advisory Services Private Limited Staples Future Office Products Limited

ORGANIZATION STRUCTURE

ORGANIZATION STRUCTURE AT BIG BAZAAR

Store Manager

Asst.Store Manager

Dept.Mgr

Asst.Dept.Mgr

Team Leader

Team Member

HR

Asst.HR

Visual Merchant

Asst.VM

Administration

Maintenance

House Keeping

Cashing

Cashier

InfoTech

Security

Mkt

SWOT Analysis : Big BazaarStrengths

1 Affordability for middle class2Quality, choice and convenience3Wide range of products and service offerings4 Strong presence  in local market5 Attractive promotional offers

Weaknesses

1. Not known globally and restricted to the Indian market only

2. No different game plan according to divergent people, their lifestyles, their tastes and budgets in India

Opportunities

1 To expand globally by tie-ups2 Entering into high premium segment 3Opportunity to expand into financial services catering to huge segment4 Increased rural penetration

Threats

1.Competitors global presence2. Future bazaar under debt can cause financial problems3.Low priced brand perceived to be of low quality in Indian consumer minds

MARKETINGMarketing mix

7 p’s

Product

Price

Place

Promotion

People

Process

Physical Environment

Market PositionMarket Follower

Market Challenger

Target SegmentMiddle and upper-middle class customersThe large and growing young working population.Working woman and home makers who are the primary decision makers.

MARKET COVER

LIFE CYCLE OF BIG BAZAAR

NEXT STEP OF BIG BAZAAR

OBJECTIVES OF FINANCIAL ANALYSIS

Provide information Making rational investmentUsers to assess futureIdentifies the economic resources

FUCTION OF FINANCE DEPARTMENT

Prepares the budget Decides and gives the sales targetsMaintains the books of accounts Collects and deposits the cash

Investment Information

BALANCE SHEET

DEBT EQUTY RATIO 1.93% TOTAL INCOME 5.97% BASIC EARNINGS PER SHARE

0.12

GovernanceLEGAL MATTEReight cases under the Prevention of Food

Adulteration Act, 1954 and Standards of Weights and Measures (Packaged Commodities)

15 other cases for alleged offences like twice swiping of debit card and misuse of trademark of other entities

Penalty of Rs 5 cr and interest of 21 per cent per annum from PRIL for misusing its trademark.

ACHIEVEMENTS

Most Admired Retailer of the year : hypermarket- Big Bazaar-2009

India Retail Forum Awards 2008The INDIASTAR Award 2008Retail Ashia Pacific 500 Top Awards 2008COCA_Cola Goldan SPOOn Awards 2008

Summary With Business Solution Diverse product Go onlinePotential in ruler marketTargeting middle and upper middle classTargeting youth , students

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