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“DELIVERY SERVICE TIME OF PARCELS AT VRL” SUBMITIED TO BANGLORE CENTRAL UNIVERSITY IN PARTIAL FULLFILLMENT OF THE REQUIREMENT FOR THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION SUBMITTED BY KALLESH DK REG.NO: MB187653 UNDER THE GUIDANCE OF External Guide Internal Guide Mrs. Pushpa.V. Jadhav Mr Chandran Administration Manager Assistant professor VRL Logistics ltd Bangalore R V Institute of Management R.V. INSTITUTE OF MANAGEMENT CA 17 36 th cross 26 th Main. 4th “T” Block. Jayanagar. Bangalore -560041 2019-20
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REPORT ON INTERNSHIP PROJECT AT VRL LOGISTICS ...

Mar 14, 2023

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Page 1: REPORT ON INTERNSHIP PROJECT AT VRL LOGISTICS ...

“DELIVERY SERVICE TIME OF PARCELS AT VRL”

SUBMITIED TO BANGLORE CENTRAL UNIVERSITY IN PARTIAL FULLFILLMENT

OF THE REQUIREMENT FOR THE DEGREE OF

MASTER OF BUSINESS ADMINISTRATION

SUBMITTED BY

KALLESH DK

REG.NO: MB187653

UNDER THE GUIDANCE OF

External Guide Internal Guide

Mrs. Pushpa.V. Jadhav Mr Chandran

Administration Manager Assistant professor

VRL Logistics ltd Bangalore R V Institute of Management

R.V. INSTITUTE OF MANAGEMENT

CA 17 36th cross 26th Main. 4th “T” Block. Jayanagar. Bangalore -560041

2019-20

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DECLARATION BY THE STUDENT

This is to certify that the project titled “DELIVERY SERVICE TIME OF PARCELS AT

VRL” is carried out independently by me under the guidance of Mr Chandran, Assistant

professor RV Institute of management Bangalore. This work is an original one and has not

been submitted earlier to any university or any other institution for the fulfilment of the

requirement of a course study or any other credential.

Place: Bangalore Name: KALLESH DK

Date:27/11/2019 Register Number: MB187653

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ACKNOWLEGDGEMENT

I express my gratitude to Dr. Purushottam Bung, Director, RV Institute of Management,

Bangalore for his constant support and for giving me an opportunity to complete this study

successfully.

I also extend my gratitude to the Internship Project Committee for supporting throughout

the internship programme also for encouraging enhancing my knowledge through this

project.

I thank my external guide Mrs Pushpa V Jadhav, Administrative Manager, VRL Logistics

Ltd., for her support and instructions during the period of internship.

I also thank my internal guide Mr Chandran Assistant professor R.V Institute of management

Bangalore.

I would also like to thank all the faculty members and non- teaching staff for providing every

form of assistance and guidance whenever required.

I also acknowledge my sincere thanks to my parents and friends who all helped me for

completion of this project work.

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GUIDE CERTIFICATE

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CERTIFICATE BY EXTERNAL MENTOR

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CERTIFICATE OF ORIGINALITY

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Table of contents

Chapter

Number

Particulars Page no

1 COMPANY PROFILE

1.1 History of company

1.2 Management/Directors of company

1.3 VRL Logistics Operation

1.4 Local competitors of VRL Logistics

1.5 Functional Area OF VRL Logistics

1.6 M.C Kinsey 7S Model

1.7 Performance of the Organization

1.8 SWOT Analysis

1.9 INDUSTRY PROFILE

1.10 Rights of logistics

1.11 Different levels of logistics

1.12 Administration offered by VRL logistics

1.13 Michael porter’s five force model to Analyse industry

1.14 Statement of problem

1.15 Purpose of study and objectives to study

1TO 27

2 METHODOLOGY 28

3 SWOC 29 TO 30

4 OUTCOME OF STUDY

Problem identification tool

ISHIKAWA DIAGRAM

Effects of problem

31 TO 35

5 FINDINGS AND SUGGESTIONS 36

6 LEARNING EXPERIENCE AND CONCLUSTION 37 TO 38

BIBIOGRAPHY

ANNEXURE

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CHAPTER 1

INDUSTRY PROFILE:

COMPANY PROFILE:

Administration head office:

RS NO.353/1, Varur

Chebbi(post), Hubli(taluk),

Dharwad(district), Karnataka,

India, PIN-581207

1.1 HISTORY OF COMPANY:

The company was established in the year 1976 by Mr. Vijay sankeshwar at gadag it was started

with small business with single truck, after year are passed VRL started growing and he

expended his business in Bangalore, Belgaum, and Hubli, after this expansion VRL slowly

widen into a nationally famed logistics, and transportation company which presently have

highest fleet owners in India, over 4779 vehicles includes of 381 passenger buses and

trucks,(includes light commercial vehicles).

The company was initially started with transportation of goods and service. along with that it

started a business of courier service in the year 1996 and it started a travels(buses) called

vijayananda travels was operating in Karnataka state only, over period of time goes VRL

travels business was also operarated through Karnataka, to Maharashtra and tamilnadu.

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The company has also a fast-express cargo service, the company recently started Air charted

business in 2008 and recently they have purchased premier aircraft for the company’s special

work purpose, commercial use, and VIP transportation and Advertisement purpose.

The company owns a social media service called Vijaya vani newspaper and Digvijaya as news

deliver channel, the media sector in a shorter period Vijaya vani newspaper has become No1

newspaper in Karnataka. Right now, Mr. Vijay sakeshwar has been joined by his son Mr.

Anand sakeshwar for bringing up some improved strategies in business and company

development.

Vision:

To grow into Premier company that cuts over many segments and emerges as the torchbearer

of every segment that it ventures into.

Mission:

To produce a highest quality service to customers by incessantly increasing value potency &

maintaining delivery deadlines. They are committed to produce a top-quality supply services

in systematically at reasonable value, and also a continually improve the same to achieve

customers and attract on a feasible basis.

Objectives of the organization:

• The main objective of the organization is to make available goods service to consumers at

a right time with right quality without delay in service.

• There another objective is to extend their business and build up their outlets in north states

of Indian region.

• To have fixed-asset outlet warehouses in all the big cities of the country.

• To be always in NO-1 position in print media, and also to have an individual independent

print machinery in every district.

Our Values:

To adopt punctuality, loyalty, honesty, and credibility in work.

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1.2 Management / Directors of VRL Logistics

Non-Executive Directors:

• Dr Prabhakar kore

• Dr Raghottam Akamanchi

• Dr Ashok Shettar

Independent directors:

• Mrs. Medha Pawar

• Dr. Anand Pandurang

• Mr. shankarasa Ladwa

• Mrs. Smriti Bellad

Mr vijay sakeshwar CEO

Non Executive directors of company

Independent directors

of company

Mr Anand sakeshwar Managing director

Mr K.N Umesh chief Operating officer

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1.3 VRL Logistic operation:

1.4 LOCAL COMPITATERS FOR VRL:

• SRS Travels

• Sharma Travels

• Orange Travels

• KSRTC

• SEA bird Travels

• National Travels

VRL logistics Ltd

Transportation and Logistics

Passenger

Travel

Goods Transportation

Full truck Less than full

Truck Courier

Wind power Generation

Air charted

Operation

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1.5 Functional area of VRL Logistics:

Order processing:

It is a logistic function followed in picking, packing, and delivery of packed items to shipping

carrier is known as order processing it is where process of tracking of orders till, they reach

final shipment stage,

It is function followed in VRL logistics because as it has immediate association with the request

or the execution process duration which shows a time when order is picked and when it has

reached a client,

This function had helped company to reach a high level of customer service and to build

a trust in their mind about the company

Pre-order phases are:

Research, purchasing, pricing, etc.

Post-order phases are:

Shipment tracking, packaging, payment dealing.

Functions Of VRL Logistics

Order Processing

Inventory Control

Warehouse Ing

Transport ation

Material Handling

Logistical Packaging

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Stock control:

It is function flowed for maintaining a stocks and control of wastage in business stock

control can be done financial sector also.

It is basically an activity of striking a consistency between the client’s importance and

also for not losing the market opportunity and clients.

The normal cost of conveying stock shifts from 10to 25 percent of aggregate stock of

very year

Warehousing:

It is place where a manufactured finished product is kept in one place until they get sold out, it

is place where product is kept in bulk in numbers until they get distributed.

VRL has a private warehouse throughout India this function is followed for longer

transportation of goods, warehousing is done for storage of goods which are not needed

immediately.

Significant choices of warehousing are:

Location of warehouse offices.

Number of rooms needed for storage.

Design of warehouse building.

Size of rooms and product store size needed.

Ownership of storeroom.

How much risk is needed for avoid of theft?

Know about warehouse is bonded warehouse or not.

Transportation:

For development of commodity from producer to purchaser transportation is the major

important function that flows on in building a coordination. In the transportation sector cost is

the most important thing in choice of method of transportation, that may be road or air ways

which relaying upon framework of transportation in national or local transport.

VRL had operates a passenger transportation and goods transportation vehicles.

The goods transportation is done over almost all the regions of India.

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Material handling:

It is function which is almost followed in warehousing sector it is purely not of manpower it is

a work which is done with the help of machines.

The technology of robotization in material handling had been helped a lot to handle goods for

fast shipment within a warehouse.

The speed of stock improvement over a stock network relies on material dealing with

technique, where technology has been helped in avoiding damages of goods while shipment

stage.

Logistical packaging:

Logistical packing is function where a security is given to a product in order to avoid of

damages while transportation.

While packing of product there are some polices where followed off before packaging of

product the ‘transit packaging’ is done for which transportation is done through shipping

containers.

Materials used for logistical packaging are:

Cardboard box.

Air bubbles.

Cages (vehicle transportation)

Shrink wraps (plastics)

Anti-slip mates. Etc.

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1.6 Mc. Kinsey 7’s model

Mc. Kinsey 7s frame work for an organization to succeed a proper integration of the seven

internal elements of the organization is a must and frame work designated by mckinsey is aimed

at studying the internal aspects of the organization which are paying off or the success that is

being enjoyed by the organization. .

Here the company VRL logistic limited company is measured using 7’s tools which would tell

where the organization stand and where it can be improvised for better performance.

Strategy:

Strategy means the key practices or the policy frame work drafted by the organizations and

whose day to day activities are planned and executed accordingly the company has adopted

consumer focused strategy that emphasizes on the implementation of the measures which are

aimed at bringing at most satisfaction and comfort to the customers.

• Enlightening in service effectiveness

• lesser measure of dependence going on contracts the truck

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• Augmentation of transfer transport into eastern and north eastern conditions of India

• Proceeds with our confirmation toward moment bound liberation

• Information technology

• Vehicle upkeep tracking

• Dispatches redemption application

Structure

Structure here alludes to association structure. Any organization will have one request for

work process or chain of command of the work power. Everything relies upon who might

answer to whom. The authoritative structure is fundamental for any association as it would

demonstrate the degree of power dependent on capability and involvement in the association.

VRL has very big hierarchy as a solo proprietor ownership of organization, the level of control

of workflow in organization is in different hands. the company consist of major departments

like transportation, office and administration department transportation department includes

various type of activities which include goods transportation and storage, delivering of goods

to clients, office and administrative department does various task including order picking,

packaging, billing, and overall maintenance of the transportation and warehousing processes.

The overall structure is centralized, and decision would be taken by the department head

officers and the design of the work structure would be prepared by the proprietor and also the

labors idea will also be encouraged. Organizational structure of the company is very light and

easy to manage. They are also into expansion but also there is no problem in their structure of

organization

They also have marketing department where they have own media channel and print media to

market, control of work in this department is in single hand.

System

Here system can be understood as the machineries, their computer devices etc. Now a days the

company which does not have technological processes would be out of the market in no time.

every organization are going towards getting advancements and programming to make their

work simpler and quicker. VRL company using computerized work in all the department in

transportation department it is system is used to track vehicle location and in store it is used for

get back information about available goods and non-available goods, and in administrative

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department systems are most important part of work, speaking about work system they have

a much-planned work system where there would be encouragement to each one in the

organization. The systematic work force can be found in organization, going to their packaging

framework there bundling is extremely an alluring procedure in the association. They could

never take risks in bundling the merchandise, and one of best factor of VRL logistics is they

not only runs logistic sector they also have social media and print channel, for delivering the

information to society, the company in updating technologically too fast for better performance

of result,

Absolutely the organization have an exact framework in the association. So, the organization

is in the great position as they are in precise work in the association.

Shared vision

Common dreams are those, what the organization need to accomplish in the long haul. That

implies for what reason they are working in the association. Mutual vision varies from each

organization dependent on their work style, purposes and destinations. The organization vision

can be said as shared vision. VRL have vision of become a prime organization in India of all

service sector of which VRL provides, the company main goal is to make available of their

service in every corners of India, and also to keep up fixed asset like own warehouse in all

major cities.

they have set them as a long-term goal of the company and the company believes that their

main intension is to work for these goals and maintain the same standard for long number of

days. Shared vision can also be a best practice of the organization.

Share vision is a soft element of then model where it cannot be controlled easily. As it

depends on all the elements in the model, based on their influence the company values would

be decided. The company believes that they are following their plan system to achieve vision

slowly and they have also developed various facility in the organization to fulfil the vision

easily and as soon as possible. As the shared vision is dependent on all the other elements, it is

a challenge for organization for maintaining other elements very carefully to reach the ultimate

goal.

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Style

Each organization will have their own working style or a typical line of carrying out the

responsibility. Organization style is especially significant for any association as it demonstrates

the manner in which they work for the activity. Each activity can have distinctive approach to

work which results most probably same with various way. The main thing here lies is the

organizational work style should result in company’s vision reaching success.

The employees of the VRL organization are trusted with work and they are happy with the top

management decision in working style, and employees’ ideas are always welcomed by

management to share with them, they are likewise permitted to pass on the issues which they

face or may look later on. Charging and investigation office are excessively self-assured

towards work and they never consider just great outcomes. Workers are not accused in the

event of any deficient items, as they would accept misstep will be basic from everybody. This

make the representatives to feel comfort and result situated to the company.

Absolutely the organization is keeping up the one of a kind styles of association which have

made them remain ahead in the market.

Skills

The skills possessed by the organization and the staff are reflected in the overall performance

and while handling a performance and while handling a critical situation VRL as an

organization. Has said about experience VRL have every experienced skill employees and

truck drivers, VRL drivers are also have sslc qualification and where they can speak reginal

and national language in travelling with goods to different state, so only education is not enfff

for company

Staff

Proper staffing of the organization is quite essential for the success of the Organization the

organization must not be either understaffed or over staffed as both cases will affect the

organization

The VRL organization maintain good relationship with employee in all level management,

this relation makes employee to sustain for long time in same organization the VRL is well

staffed and is facing the issues of neither over staffing nor under staffing in organization.

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1.7 Performance of the organization:

Sales volume (in crores)

Year March

2019

March

2018

March

2017

Net sales 2.109.54 1.922.32 1.803.09

Total income

Year March

2019

March

2018

March

2017

Total income 2.114.58 1.934.69 1.813.15

Net profit

Year March

2019

March

2018

March

2017

Adjusted net profit 4.34 4.77 3.88

Key Ratios

Year March

2019

March

2018

March

2017

Current ratio 0.90 0.70 0.56

Long term debt equity ratio 0.16 0.01 0.11

Debt equity ratio 0.20 0.12 0.23

VRL logistics ltd is not only doing business there are contributing some income to CSR

works for better India and recently the company has donated RS 1 crore to chief minister

relief fund for improvement of rain affected regions in Karnataka 2019

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1.8 SWOT-ANALYSIS

Strength:

The company is having a very trusty image in customer mind since from four decades.

It has more number of pic up points compared to other logistics.

They examine a high-quality service that leads to customer satisfaction.

The business has connection network throughout India.

They have facility of cargo and courier which was recently setup with 24x7 service facility

The company internal management system is very effective.

The suggestion from the employee and customers are taken into consideration very

seriously that kept company have a greater number of loyal customers.

The pricing strategy is always 10% less compared to other competitors’ prices.

Weakness:

The company don’t have their own outlet hub in some states.

The VRL buses are making delay in departure in some locations.

The facilitating of communication agents is less compared to competitor.

Sometime the packaging function has failed in rightly packaging of product.

They are still lagging in implementation of modernized facility in travel and logistic

transport system.

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Limited use of advanced technology for development.

Opportunities:

They have to expand their business in northern part of India

Their service facility is also to be reached not only cities but also in rural area.

The income has to be utilized in improvement in quality service to the customers.

The aviation sector improvement and making consumer awareness about the utilization of

this sector.

The Advertisements are to be given about the company service, to build an image in

customer mind.

They know how to enter into worldwide dispatch rider and courier service.

They know how to retain their No-1 spot in print media sector.

Threats:

More number of competitors.

No secular government and the policy followed are of fully unethical in manner.

Continuous rise in fuel price and government taxes has been affected in making out of

pricing strategy.

The taxes and their various goods transportation are significantly affected on their prof

1.9 INDUSTRY PROFILE

Logistics has become a back bone of any business for economic growth, logistic industry is

one of the fast-growing industries in the world, it has become lead to reduction of operation

cost and to improve in delivery of performance and helps in customer satisfaction levels, the

operation research on logistic management still mainly focuses on the traditional domain that

is the inventory includes production, planning, and transportation management,

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The Indian supplying trade has returned a protracted means from being a labor intensive

throughout 60s to the current technology-oriented system that has big selection of supplying

services. The concept of 3pl is a recent culture followed in logistic industries, the logistic

management in the world today covers aspects of value chain including efficient integration of

transportation, distribution, warehousing, reverse logistics, and along with these the value

added services like packaging, payment collection, documentation, and the development of IT

sectors in logistics industry have made growth of this industry.

INTRADUCTION:

Travel and transportation form a back bone of infrastructure-millions of people and business

relay on extensive interrelated network, the industry has broad function ,which has major

impact towards society standard of living, Coordination administration is the piece of inventory

network administration that designs, executes, and controls the proficient, compelling forward,

and turn around stream and capacity of merchandise, benefits, and related data between the

purpose of beginning and the purpose of utilization with a specific end goal to meet client's

prerequisites. The logistic industry is also called with different name includes following;

• Business logistics,

• logistic management,

• supply chain management (SCM)

The features of logistic management are said to be:

It operates with movement of goods and storage of goods with right quality.

It offers best service with least cost.

Its takes part in smooth movement of goods from one place to another place that

may be raw materials, finish goods,

BUSSINESS LOGISTICS:

It is said to be a group or batch related work that involved in storing of goods-information from

raw materials to final consumer, it is a concept of grouping them together and managing them

as system.

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PRODUCTION LOGISTICS:

It is sector which operates with in an industry, here the term used in workstation is from right

quantity& right quality at right point of time

REVERSE LOGISTICS:

The reverse provision method includes the management and also the sale of surpluses,

additionally as merchandise being came to vendors from consumers. Reverse provision stands

for all operations associated with the apply of merchandise and materials. It is "the

methodology of developing with, implementing, and dominant the economical, value effective

flow of raw materials, in-process inventory, finished merchandise and connected data from the

purpose of consumption to the purpose of origin for the aim of recapturing worth or correct

disposal. More exactly, reverse provision is that the method of moving merchandise from their

typical final destination for the aim of capturing worth, or proper disposal. The opposite of

reverse logistics is forward logistics."

HISTORY OF LOGISTICS:

VRL logistics refers the movement of merchandise or services to a chosen location at associate

specified time, value and condition. Ancient Roman and Greek wars area unit the premise for

today’s provision systems. Rome developed an extremely economical logistical system to

produce its legions. Military officers referred to as “logistikas” were chargeable for making

certain the provision and allocation of resources, so troopers may move forward expeditiously.

During the Middle Ages elaborate supply systems, roads and warehouses were used. Forts and

castles became storage depots supported by the economy of the encircling country. During the

commercial Revolution, logistics advanced greatly with the addition of railways and ships.

World War I further increased industrial capabilities. The ICE gave rise to widespread use of

motor transport. World War II was characterized by dramatic advances in transportation and

communication. U.S. shipyards performed at associate new pace to expand the merchandiser

marine (a fleet of U.S. civilian-owned shipping that interact in commerce or transportation of

products and services in and out of the passable waters of the United States).

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Later off the World War II, logistics moved from warfare to business. Physical distribution of

merchandise began with a spotlight on outgoing activity. Filling orders, distribution of

merchandise, storage and reposition, production designing, and client service are presently

necessary aspects of the provision method. An entire business was born from what started as

some way to urge merchandise from purpose A to purpose B. Many firms currently accept

outsourcing for a few or all of them provide chain management activities, leading to the event

of third-party provision firms for economical transport and chase of goods

1.10 RIGHTS OF LOGISTICS:

RIGHT

PRODUCT

RIGHT

PLACE RIGHT

CUSTOMER

RIGHT

QUANTITY

RIGHT

CONDITION

RIGHT

PRICE

Right product:

It is condition that should be followed in designing, manufacturing and selecting a product,

there should be taken care off an issue that can be arises during transportation of goods, when

a right product is designed and ensures certain level of standardization in the product’s

measurement it will be easy for keeping product with good packaging, warehousing, and

handling of product, while transportation,

Right quantity:

the right quantity plays major role in coordination of goods, if quantity fails and if we neglect

this role sector then ultimately chances of loosing of money-making factor goes down, the

production must be in a balanced and should not be made huge inventory cost

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Right condition:

This is all about goods movement safely from point of origin to till it reaches point of delivery,

here the distribution strategy must be taken care with extra efforts, this right is followed for

building a trust in customers, the extra care is taken with better security for product while

transportation because to avoid the overhead cost.

Right place:

Right place in logistics is said to be delivery of goods for accurate place, and also storing of

goods in right conditional warehouses where goods are taken out from warehouses easily

whenever demand for goods occurs, the most important factor after right placing is the

distribution sector where right amount of goods are supplied to right place without

oversupplying or under supplying of goods,

Right customer:

Every logistic management system provider has to know their target market and also try to be

reached out loyal customer satisfaction, and also by offering their service sector helps them to

gain new leads and also to improve their service sector through marketing,

Right time:

Right time it is every important when it comes to logistics because clients are very concern

with on time delivery, the tracking sector shows a client that when they get delivered their

product and also making sure that they are arriving on time

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1.11 DIFFERENT LEVELS OF LOGISTICS SERVICES:

1st party Logistics 2nd party Logistics

3rd party Logistics 4th party Logistics

5th party logistics

• First party logistics:

A person, company, organization, requiring movement of a certain goods from point A to point

B basically these are the senders or receiver of the goods

• Second party logistic:

Companies or organization dealing with the physical movement of goods from point to point

B these goods are moved by use of truck, sea, airplane, train.

• Third party logistics:

These are the logistics services that provide additional service apart from moving services are

warehousing, terminal handling, packaging custombrokage, and other services.

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• Fourth party logistics:

Companies and organization dealing with supervision of supply chain activities of the client

performing management of 3PLs and providing consultant services for the development of

internal logistic system,

• Fifth party logistics:

Companies dealing with latest technologies in supply chain and logistics,

Main focus of 5PLservices is an e -business implementation and activities related to

development of logistics,

1.12 Administrations offered by VRL logistics:

cargo and courier

Travel

Aviation sector

Media

3P/L Warehouse administration

Cargo and courier:

A subordinate of VRL Group, VRL general cargo inaugurated its business system as

transportation within Hubli and Gadaga later has developed over Bangalore and Belagavi It

has spread into courier services and express cargo, they are now currently located at

twentythree states, administration over 2.16 Cr of cargos/Yr. it has one of the big networks in

the country. Its courier service is operative for parcel range from small to large in size.

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Travel:

VRL Ltd is Unclosed visit business is operative through its divisions of VRL travels. over it

has more than 80 branches and managed by 1300+ agents, it has grown tremendously in tour

business in Karnataka and Maharashtra it occupies transports (includes.53 Volvo transport and

9400XL and 9400PX multi-hub models) covers six states, and gripping over 350 directions

inside the India

• Vijayananda buses

AVIATION SECTOR:

In the year 2008 VRL commenced of operating an Indian airlines service under the Indian air

operative permits (for tourist charter) in the initial stage of this business it holds a Beech

expertise, an jet, put on by dealer Beech craft includes, USA, over in 2013 it purchased an

additional jet, it was used for commercial purpose and advertisements agencies, etc.

Jet Details are:

Owner Aircraft type numb Registration

VRL Group Beech craft premier 1A 1 VT-VRL

VRL Group Beech craft premier 1 VT-ANF

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Media:

VRL groups flagship entity, VRL media limited started with newspaper called “Vijaya

Karnataka” in October 2000 and it was sold to Times group on june16 2006 later he (Vijaya

sankeshwar) started “Vijaya vani” on 1st April 2011, which is now at leading distributor

newspaper in Karnataka,

In April 2017 VRL group came with news channel called Digvijaya news 24x7, it is a kannada

Telievision ongoing with Vijaya sankeshwar

3P/L and Warehousing:

VRL facilitates a 3PL solutions and warehousing facility. It has outlined tailor-made

favor in both the categories. As it has the most organized network, large number of clients

from long me, its presence is literally crucial in the corporate world this is the

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Foremost basic style of a 3PL supplier. They would perform activities such as packaging,

warehousing, and distribution these are most basic functions of logistics. Cost effectiveness

of a third-party supply supplier provider is merely given over long periods of time with

stable contract and profits.

Competitors of VRL logistics:

OM Logistics

APT Logistics

DHL Logistics

PILL Logistics

Capricorn Logistics

OM Logistics:

Om Logistics is one of the best rivals for VRL logistics, om logistics headquarter is located in

new Delhi it operates around all the states of India it gives computation in 3pl sector and surface

sector and aviation sector also.

APT Logistics:

APT coordination is best contender of VRL coordination its central office or commend placed

in Mumbai, Maharashtra and it was started in the year 2002 it is a well-suited logistics contends

in dispatch and coordination administration field.

DHL Logistics:

DHL is one of the intense contender of VRL logistics, DHL headquartered is in Bonn, in

Germany, it was established in the year 1969 it has a highest number of employee, and has also

large network contact, and it creates a huge income around 15 billion DHL online business

which has made interest in India since from2014

PILL Logistics:

Pill Logistics is one of VRL logistics best rival, it was public organization located in Mumbai

Maharashtra, it was started in the year 1959, the service sectors of pill logistics involved are

courier and cargo sector, compared to VRL logistics pill has large number of workers.

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Capricorn logistics:

Capricorn logistics is seen as one of VRL logistics greatest adversaries, the logistics company

was started in the year2001 and its head office was located in Mumbai Maharashtra, the

contenders of Capricorn logistics courier and logistic service industry, Capricorn logistic has

less income compared to VRL logistics.

1.13 Michael porter’s five force model

Industrial rivalry

Industry contention alludes to the real ventures which seek the challenge. Normally rivalry lies

based on correlation between at least two organizations, their effectiveness, their capacity and

style of working

Industrial Rivalry

Threat of New entrants

Bargaining Power of Buyers

Threats of Substitute

Bargaining Power of Suppliers

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THREATS OF NEW ENTRANTS

New entrants in airline sector and road sector brings innovation, the new method of work like

pricing strategy, reduction of cost and providing new value service proposition to customer

builds a high pressure on VRL logistics limited.so VRL logistics has to challenge and manage

all these barriers.

How VRL Logistics can handle the Threats of New Entrants

By developing Administration and reaching out customers’ needs and demands with

less cost and motivating customers to prefer VRL logistics for transportation of their

goods and also VRL travels for travelling.

Continuous campaign and always keeping up a discounting factor and taking

responsibility over goods while transportation and avoiding damages, all these factors

keep company image growing high level and it builds a trust in customer mind.

THREATS FROM SUBSTITUTES

Threat of substitutes refer to the competitor’s service, the service may not be in similar

way only giving offer and in time delivery service, and pricing strategy, for service,

from competitors, these are the three factors where customers always look for So, the

company should be ready with the new technology or protect itself with new plans to

face competition which is unpredictable in nature.

How VRL can handle threats from substitute

Low price strategy for their service

Extra care for goods

Quality packaging to avoid damages

In time delivery

Building up trust in customers mind

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BARGAINING POWER OF BUYERS

Buyers are the one who generate revenue for the organization and there by the profits this is

why the organization must take them in to consideration which may affect them directly or

indirectly when buyer is offered with numerous choices he may leave the o4rganization a

good Relationship with them by providing them with possible benefits is crucial.

To come out from this the company should fix less price compared to competitors’ price the

service should be given in on time and customers should feel satisfaction for their paid amount

BARGAINING POWER OF SUPPLIERS

Suppliers are the ones who keep the operations of the business alive by the timely supply of

necessary goods and services at the price which are convenient to the organization in most of

the cases these below are some problems faced by VRL

Company demand for price

More number of suppliers in the market

Competition among mass suppliers

Availability of raw materials in many

Supplier may become the competitor

Statement of problem

“DELIVERY SERVICE TIME OF PARCELS AT VRL”

Logistic occupy an integral role in the delivering of goods to clients, good logistics guarantees

the nature of product is defended and the product is delivered at opportune time to right clients

in right condition,

The problem is stated as a “Delivery service time of parcels at VRL” the problem of the study

is basically on the transportation sector improvement every company wants to know that

whether they reaching customers goods in particular period of time or not They all choose

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different method to handle the particular problem. This is not something unsolvable, but the

company also should not be neglecting the same problem.

Purpose of study

The study is mainly done to know about their time of delivery, and also to know about reason

for failures in on time delivery, the time delivery is one of the company strategies to grow in

market and to build trust in customer mind, it is most important because to all these strategies

keep companies working towards goal

Objectives to study

In this particular study the main objective is to know about whether a company is delivering a

goods in “on time” or whether they failing to deliver and to know about reasons for failure.

And also finding out possible ways to come over the challenge.

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CHAPTER 2 Methodology

Methodology is the theoretical and systematic analysis of the methods which are used in the

study. It is a system of methods which can be used in any particular area of the study.

Methodology is the process or technique used to identify and analyse information about some

specific outcomes. Here for this particular study the descriptive type of research methodology

is used. In this study any other research methods cannot be used because it is not a survey or

any other kind, so only descriptive type of methodology for research can be used.

Data sources

The sources of data collection were through

• Primary data collection.

• Secondary data collection.

The primary data means that is a raw data, it is collected from a source. It is directly collected

from first-hand experience data method. In this study the primary method of data collection

was through direct meeting with employees of the company and also visiting company outlet

hubs and getting information about the research statement. The employees of the company

responded to the questions about the topic, the personal observation is also done for collecting

fresh data all these data are considered as the primary source data.

Secondary data means, data which is collected by someone who is other than the user. The

common methods of collecting the secondary data is through census, information collected by

government departments, organizational records and data that was originally collected for other

research purposes. Some methods of secondary data collection may be qualitative and

quantitative, some examples for secondary data collection are, newspapers, dairies, interviews,

transcripts etc.

In this study the secondary data is also used. The secondary data used were, websites, company

websites, books, journals, etc.

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CHAPTER -3

SWOC

Strengths:

VRL is a well-organized and listed company that has the ability to provide the

sufficient and valid information to complete this study.

The study was conducted in the main office in Bangalore than any other small office of the

VRL. Main office has the collection of data from all over the country and enables to

complete the study successfully.

There are a number of clients of the VRL who have faced the issues which this study is

going to address.

The study is very significant to bring in changes to improve service quality dimensions.

Weakness:

As the study is conducted in Main office in Bangalore, study lacks the groundwork which

is crucial to get practical experience of the issues. In other words, the study is more

dependent on secondary data than primary data.

Ignorance of legal and political factors

Political and legal scenarios in the north greatly differ from that of in the south. The study

has little focus on this factor.

Opportunities:

The study can suggest the remedies to overcome the Delivery issues and can help the

organization to expand rapidly in the northern region and thus assist the expansion plans.

The report makes some suggestions & implementation of which will help for the growth of

company.

The successful implementation of the recommendations of the study can give birth to some

more studies on similar problems.

Northern market is a very potential yet largely untapped market for VRL and hence this

report can assist the VRL to tap the untapped market of north

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Challenges:

Time bound to complete the study

There is a time bound of thirty days to complete the study which is very small period.

Challenge to understand the operations.

VRL is a large organization and understanding its overall working operations was

challenging task.

Challenge to chalk-out executable solutions.

Chalking out executable solutions to unique problems is a challenging task.

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CHAPTER 4

OUTCOME OF STUDY

Problem identification- tool

As the organization as many advantages as well it jointly has problems or issues too. Problems

not only act as negative impact but also as a challenge for the company. Every problem should

be identified at the right time and suitable action should be taken at the right interval. An

undefined problem would affect company in the long run. The problem can be identified using

various model such as Ishikawa diagram (fishbone analysis), 5 why technique, Pareto chart.

Here to identify the problem of VRL logistics Limited, we can use Ishikawa diagram and 5

why technique which would make our way easy to find out problem effectively.

ISHIKAWA DIAGRAM

• Ishikawa diagram, popularly known as the fish bone diagram is a visualization tool used

to study the cause and effect of a given below problem,

• DELAY IN DELIVERY TIME TO CLIENTS

Properly defining of problem is very essential so the above problem which is defined by various

technique with the help of below diagram.

So, when we look in to problem the reason for delay in delivery to clients, by below diagram

we can understand the reason for problem is dealer only, the problem has occurred due to

improper management of time and also a with failing in following system of work throughout

the process,

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Weather and climate:

Heavy rainfall causes on visibility and drivers slows down vehicle speed, and Heavy fog,

Snow fall, is affects in visibility, roadblock, and sometimes accidents will happen due to these

impacts, and also High wind blow impacts on stability of trucks and drivers have to stop their

vehicle some time, the Extreme temperature impairs in vehicle performance and drivers feel

tiredness and uncomfortable to drive, this impact to break down and delay, the natural disasters

SIGNALS

TOLL GATES RAISE IN

FUEL COST

MAINTENC

E OF VECHICLE SEASONAL

PROBLEMS

W EATHER TRAFFIC OPERATION

PROBLEMS

CUSTOMER

LOOSE

TRUST

WHILE

LOADING

OF GOODS

NO PROPER ROUTE FOR

RURAL

SERVICE QUALITY OF PACKAGI N G

PACKAGING SHIFTING POOR ROAD NETWORK

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like cyclone, Blizzards will damage road network and bridges ,that shut down of truck

transport operation, sometime all above headed situations are beyond the control and affect

on cost of industry, and delay in delivery take place,

To overcome weather delay impacts

Company has to invest in adopting of Routing software to avoid extreme weather

condition, the drivers must be slow down their vehicle during bad weather to avoid

accidents, and also extra protective measures should be taken for goods safety purpose

to avoid additional cost of industry.

Traffic:

Traffic related delay are the most pain full point in logistic industry, due to high population and

large number of vehicles queuing in traffic, In metropolitan cites the traffic is high and users

of road way are large in number specially in holiday season the traffic is heavy ,To drive

carefully and to come out from traffic the truck drivers are struggling and delay in delivery

starts from here only ,it also effect on increasing cost of industry, VRL truck drivers facing

this issues heavily in Bangalore city only specially in silk board junction ,and Nelmangala toll

gate, where truck drivers don’t have other option than crossing those signals where they

connect Bangalore- Chennai highway and Bangalore Mumbai highway,

To overcome this company must have efficient route planning where congestion will

be less,

Operation problems:

The VRL logistics have certain operation problems like business process improvement,

maintenance of vehicles, government regulations, retention of drivers, fuel cost, environmental

issues, all these factors are now increasing their operation cost and now company is worried

about decreasing of administrative and operational cost. And also, these factors effect on

reaching out customer expectations,

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Packaging:

packaging is most important function in logistics it is done while transporting goods, from one

place to another place, the quality of packing of goods to avoid damages is more essential,

when a policy of packaging goes wrong the goods get damaged, and for bundle of packaging

of goods it takes more time, that affect on industry cost and issue of delay in service takes

place.

To overcome this factor

Taking care on customers goods is most important factor must choose secured envelope

boxes for every product, and following a right policy in packaging, and also speed up

process of packing and transporting packed goods with guarantee that goods should not get

damaged,

Shifting:

When the logistics company does not have direct transit system between two places, it chooses

an intermediary place where goods are shifted from one vehicle to another. In such cases when

either of the vehicle is delayed or if the necessary manpower is not available, shifting of goods

or parcels from one vehicle to another gets delayed which eventually results in the delay of

delivery.

Poor road network:

Distribution is directly impact on customers' satisfaction with the logistics service. In the

logistics distribution, how to plan rational delivery routes, to enhance the service quality, to

reduce logistics costs and to increase economic efficiency, becomes a solved problem. The

rural road network and transportation is not much developed in India.

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Effects

Company Brand image goes down

When delay in delivery take place the customer will fell negative image on company

performance when performance goes down in market the image of company automatically

comes down and have to face some challenges to overcome and to rebuild their image in

market.

Effect on income

The poor distribution network framework will highly effect on the income of company. It also

likewise effects on the company market shares, to control the expenses and costs. The

administration will have the ill-advised assets keep up the business performance,

Competitors take this as advantage:

The delay in services of the company helps competitors take this as advantage for attracting

the company’s existing customers, so to avoid this the building a trust and satisfaction of

customer is very much important in business,

Customer satisfaction

Delay in services is effect on the customer satisfaction. Because the wait for the service will

have its negative impact on the consumer’s satisfaction. The demand and customer preference

in choosing the company won’t remain constant, it effects on losing the customers due to the

delays in service

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FINDINGS:

VRL logistics is a service-oriented organization

The company ranked as one of the leading logistic transportation company in southern

part of India transport.

VRL is a leading company in transport but they are lagging in extending their market.

VRL logistics is facing a delay in delivering of goods to clients.

They are back in their step-in providing service to rural area.

SUGGESTIONS:

The VRL Logistics Company must concentrate timely delivery to attract the customers.

The company must be improve in their tracking sector of vehicle and also in delivering

information to clients about exact time of delivery of goods.

The VRL logistics given time to delivery and offers to customers. Then only customers are

not preferring to other logistics company. The customers are sustaining as loyal customer

of VRL logistics.

The management is suggested to concentrate on rural area service.

The company must also improve in quality of packaging of products to avoid damages and

to control of industry additional cost.

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Learnings:

The study gave me an opportunity to be a part of the VRL for a period one month and has

enabled me to learn the below listed aspects:

• Operations of VRL

• Functions of several departments in VRL

• Mechanism behind the services of work

• The forces which affects the services provided by VRL

• Understood about how the distributional channel of VRL works.

• In this study I understood about how the margins are given to retailers for their

contribution.

• Got to know about working process of VRL logistics likes scheduling the time, booking

process

• I also came to know about how a return policy and billing policy work in logistics.

• Understood about the how the tracking is carried out.

• Understood about how the raised issues and complaints are resolved

Experience:

The work experience in VRL for a month is eye-opener the working culture of VRL is very

conductive for the study and the guidance and co-operation from the staff of VRL has helped

me greatly to complete this project report.

Dealing with different types of dealers has given me the practical knowledge and

understood about service sectors how it works

Understood about the problems faced by dealers and it was challenging to do interview

dealers and get information within the short period of time.

It was very difficult to understand different type of customers when delay in service takes

place.

Overall it was great experience to work with VRL logistics ltd and understood about how

a logistic service sectors works and got to know about different challenges that organisation

face.

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Conclusion:

VRL logistics ltd. Is a well-known, organization structured have organization communication,

quality initiative and find point out in the “Limca Book of Records” as the biggest creature

proprietor of transportation service vehicles in India and as well ISO 9001-2000 Certified

company

Today in this huge computation in service sector VRL stands at top in southern part of India

the company is also working on different sectors like Media, Travels, Airways,

The overall study was regarding to know how delivery service time take place and also to know

about challenges faced by VRL logistics while providing service to clients

After a research the business service situation of an organization is very high. the company

already created a great brand name in customer mind but the company failing in extend their

market size and also the company has facing issue with “delay in delivery service time”

The reasons for failure and also to face challenges suggestions are given in points in above part

of report only, I convey my thanks to my internal and external mentor and also for outlet hub

officers and truck drivers for providing support in completing the project.

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BIBLIOGRAPHY

VRL Logistics Ltd (2018 JANUARY)

VRL LOGISTICS LTD, Retrieved June 2019 from VRL

LOGISTICS LTD https://www.vrlgroup.in

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Annexure

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Interim report

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