Overview of Operation director com Development director role @ vj foods pte ltd

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Overview of Operation director com Development director role @ vj foods pte ltd. - A joy of Pickle mania Chapter 1-INTRODUCTION 1.1 Company profile 1.2 Business name 1.3 Vision and Mission Statement 1.4 Founders and CV 1.5 Company Ownership 1.6 Organization chart 1.7 Startup cost 1.8 Roles and responsibilities of operational director cum development director 1.9 Product and Services 1.10 Market 1.11 Location 1.12 Management Structure 1.13 Financials Matter Highlights

Transcript of Overview of Operation director com Development director role @ vj foods pte ltd

Overview of Operation director com Development director role @ vj

foods pte ltd.

- A joy of Pickle mania

Chapter 1-INTRODUCTION

1.1 Company profile

1.2 Business name

1.3 Vision and Mission Statement

1.4 Founders and CV

1.5 Company Ownership

1.6 Organization chart

1.7 Startup cost

1.8 Roles and responsibilities of operational director cum

development director

1.9 Product and Services

1.10 Market

1.11 Location

1.12 Management Structure

1.13 Financials Matter Highlights

Chapter 2-ORGANISATION PLANNING

2.1 Legal Identity

2.2 Incorporation

2.3 Registration

2.4 Requirements for Private Limited Company

2.5 External advisors

2.6 Solicitors

2.7 Tax accountant

2.8 Insurance advisor

Chapter 3-WORK OF OPERATION

3.1 Business hours

3.2 Staff members

3.3 Work organization chart

3.4 Working hours for employees

3.5 Work requirement

3.6 Recruitment and training

3.7 Material and equipment

3.8 Health and safety regulation

Chapter 4-LAYOUT INFORMATION

4.1 Location

4.2 Layout premises

4.3 Working policies

4.4 Backup plan

4.5 Operational Strategy

Chapter 5-FUTURE DEVELOPMENT

5.1 Key to success

5.2 Service development

5.3 Product diversification

5.4 Product diversification

5.5 Market development

5.6 Business Model

5.7 Back up Plan

5.7.1 Long-term Plan

5.7.2 Important Assumptions

5.8 Risk

Chapter 6-DEVELOPMENT AND STATERGY

6.1 Business Development Strategy and Implementation

6.1.1 Market Strategy

6.1.2 Price Strategy

6.1.3 Operational Strategy

6.1.4 Financial Strategy

6.1.5 HRM Strategy

6.2 Projected cash flow

Chapter 7-FUND MANAGEMENT

7.1 Plan for fun development activities

7.2 Organize Fund Development activities

7.3 Staff Fund Development Activities

7.4 Managing Fund Development activities

7.5 Promote the Organization

8. Conclusion

9. Bibliography

10. Appendix

ABSTRACT

The role of the entrepreneur in society is difficult to establish

if the concept of entrepreneurship is inadequately defined. This

lack of a clear entrepreneurship paradigm poses problems for both

policy makers and for academics. This paper

Chapter 1-INTRODUCTION

Entrepreneurship involves the whole process from idea generation

to the innovation of a project primarily intended to generate

financial rewards (Brooks, 2012). Our company Pickle mania main

criteria is manufacturing retailing and selling different types

of pickles around the globe.

The role of the Operation director has to inter-connected series

of the roles that are fundamental to the business proposition.

1.1 Company profile

Pickle mania Pvt. Ltd. will be incorporated on 28th of July 2015

and officially starting the business operation from 1st of

September, 2015 at Electronic city, Bangalore-560075, with a

capital of investment S$165k. The initial capital would be funded

by the founder members/directors. At Pickle mania we produce

and market the finest quality foods that delight our consumers by

fulfilling their needs. We are dedicated to ongoing sustainable

success to enhance the prosperity and growth of our Family. By

using innovation in all that we do, we will safely manufacture

high quality foods at a low cost and market those foods so that

we become the consumer’s first choice for quality and value. To

give ideal, opportune and quality goods and services, in a safe

and environmentally friendly way to our customers. To likewise be

a worldwide player where all stake holders benefit.

Capital Invested

S$165kAddress

Contact

www.picklemania.in

Business OperationalStartup Date

1st Sept 2015

No of Employee

7 employees+3Directors =10

Source: (Author, 2015)

1.2 Business name

Pickle mania is the name of the company. We make both vegetarian

and non-vegetarian Pickles

Recipe will are selected quality spices with healthy ingredients

with varieties of flavors.

Target customers: Pickle mania, our company targets all kinds of

domestic market to the global market consumer who are fond of

pickles and willing to pay for pickle enhancement. Expats who

consume pickles can be collected the product from the retailer to

wholesaler.

Employees: We intend to recruit 7 employees in the initial phase

with 3 directors. Employees are recruited through referral system

and job portals.

Target customers

Local resident,Corporates

Date ofIncorporation

28th Aug 2015

Product/Services

1.3 Vision and Mission Statement

Vision: Our Vision is that people everywhere will share the taste

of a wish.

Mission: “Our mission of "Good Food, Good Life" is to provide

consumers with the best tasting, by consistently offering value

to consumers through providing great tasting food that is good

for them and made the way they want it.”

1.4 Founders and CV

The major lesson for all founders is to recognize your own rule

in founding a company and what you need to do make your

visualization reality, understanding the human dynamics that make

up a team. The team that seems it’s insignificant

ROLE NAME PHOTOS KEY PROFILECHAIR MAN &

FINANCIAL

DIRECTOR

SARATH KUMAR V Bachelor in

Business

Management,

1 year

experience in

BusinessMARKETING

DIRECTOR

NITINKUMAR M P Bachelor in

Arts, PGDCA, 10

years’

experience in

marketing as a

supervisorOPERATIONAL

DIRECTOR &

DEVELOPMENT

DIRECTOR

JAGADEESH M K BCA, CA, 2

years’

experience in

executive

business

development

1.5 Company Ownership

Pickle mania, will be registered its business entity as private

limited company. At the beginning stage of the business, the

management team will be consists of with 3 founders and 7

employees.

Founders are:

1. Chainman cum Financial Director: Mr.

2. Marketing Director:

3. Operation cum Development Director:

1.6 Organization chart

Source: (Researcher work, 2015)

1.7 Startup cost

Initial capital is S$165k,

S$

(Conversion rate:

1SGD=45.52INR)Land and Building (own by the company) 54,924.00Infrastructure cost 13,000.00Plant and machinery , furniture and

fixtures

43,939.00

Professional fees (legal and

accounting)

4,393.00

Inventories & Warehouse cost 28,560.00

CHAIRMANSARATH KUMAR

MARKETING DIRECTOR

NITIN KUMAR

HRD QA/QC QC ENGINEERS PERSONNEL

DEVELOPEMENT DIRECTORJAGADEESH

FINANCIAL DIRECTOR

SARATH KUMAR

OPERATIONAL DIRECTORJAGADEESH

TECHNICINAN TECHNICIAN

Insurance Premium/month 4,833.00License, Permits, Registration cost 3,871.00Utilities Deposit / installation fees 2,211.00Website development 1,000.00Advertising and marketing cost 700.00Computer, printer, Broadband

connections

3,954.00

Preopening training cost for Full

time/Part time employee

300.00

Office Rent 550.00Office Supplies and store use items 200.00Total Startup Expenses 1,62,985.00Cash balance in hand 2,015.00Total Cash Requirement 1,65,000.00

1.8 Roles and responsibilities of operational director cum

development director

Operations Director Development DirectorTo organizational skills and

the ability to priorities

their workload to ensure

maximum benefit for the

customers and the company.

To coordinate all development

activities and plan

To organize the operations

team and mobilize them to

achieve a common company

To achieve business plan for

the company

strategy.Ability to adapt both

themselves and influence the

attitudes of their teams in

order to cope with

change management

To achieve all agreed goals

and increase sales

An Operations Director has to

support functions that can

deliver products and services

to customers in an efficient

and cost effective manner.

To responsible to major fund

raising activities

To achieve our mission and

vision statement

1.9 Product and Services

The aim of our company is to give different varieties of pickles

to customers.

VEG NON-VEGMango Pickle Dry meat Chicken PickleTomato Pickle Dry meat Mutton PickleLemon Pickle Dry Fish PickleMixed Veg Pickle Prawn Pickle

1.10 Market

Pickle mania, our company not only targets the local resident

in Bangalore but also all other part of India and also

exporting to Singapore especially for the pickle lovers with

the variants and varieties of pickles. With continuation

growth in area, opportunities to serve the local, national and

international market.

1.11 Location

Our manufacturing area is located in. Pickle mania

manufacturing company is favorable providing high visibility,

Eco-friendly nature, From this place its convenient to

distribute to local dealers and wholesale dealers and to

distribute around the part of India.

1.12 Management Structure

Pickle mania management based on well-disciplined,

responsibility, team work and mutual respect. Our staffs

operate in an environment with innovative, creativity, growth

and performance.

1.13 Financials Matter Highlights

According to our financial director, Pickle mania is no

sufficient cash for first 6 months and is expected to maintain

healthy financial position over the next 1 year.

Pickle mania also expects the profitability after 6 months of

operation, with profit starts increasing over a year. One key

concern will be on having sufficient cash on hand to meet our

payment concern and ready for unpredicted needs of cash.

Chapter 2-ORGANISATION PLANNING

2.1 Legal Identity

The Reserve Bank of India can accommodate your business within

their country as long as you follow their registration laws. We

can show you the right steps in starting a company in India now.

The first step in registering a company in India is to have your

name approved by the ROC (Registrar of Companies) in the

State/Union Territory. This approval is subject to certain

conditions, for example, your company name should be unique and

there should be no duplicate company name in India at the time of

your application. In the case of a public company, the name

“Limited” should be included at the end of the company name while

for private limited, the term “Private Limited,” must be

explicitly included there.

Starting up a company in India

Attain DIN (Director Identification Number) which is printed,

signed, and sent to Ministry of Corporate Affairs together

with your identity proof (voter ID card, passport, and driving

license) as well as residence proof (bank statement,

electricity bill, ration card, and telephone bill).

Acquire digital signature certificate that will utilize their

latest electronic registration system. This can be acquired

from any private bureau sanctioned by MCA 21.

Cache the name of the company with ROC. You can give six

proposed names as alternatives for your company name.

Seal the credentials of the company at a certified private

bank or State Treasury.

Attain Certificate of Incorporation from Ministry of Corporate

Affairs (Registrar of Companies).

Acquire PAN (Permanent Account Number) from a certified agent

or franchise allotted by NSDL (National Securities Depository

Ltd.) or UTI (Unit Trust of India) Investors Services Ltd.

Get a TAN (Tax Account Number) for income taxes from Income

Tax Department’s Assessing Office.

Enroll with Establishment Act (State/Municipal), Shops, and

Office of Inspector.

Enroll for VAT (Value-Added Tax) at Commercial Tax Office with

various credentials such as the company’s Memorandum or

Articles of Association and proof of location.

2.2 Incorporation

As stated by the report taken from Singapore law 2012, the

reminder and articles of cooperation of the organization will

need to be submitted along with a covering letter and a statutory

declaration of consistence made by the specialist. The Memorandum

of Association should hold the organization’s name in either

Chinese and English and details about registered office.

Organizations without share capital can pay as little as

SGD$1,000 of share capital, subject to a most extreme of

SGD$30,000.

2.3 Registration

Every Organization consolidated in Singapore should be registered

under the Business Registration Ordinance (BRO) by 30 days of

incorporating or the date of initiation business. The business

registration certificate, which is every year renewable, must be

acquired from the Inland revenue in a method that takes around 7

days and the expense of the certificate currently SGD$2450.

[referred from SGL]

2.4 Requirements for Private Limited Company

Minimum Two Directors of The company

Minimum Two Shareholders of the Company

Minimum Capital of the Company should be INR 100000/-

Subsidiary of Foreign Company need to take RBI Approval for

investment made in India.

Company need to maintain its books of Accounts.

Company need to get its accounts audited every year.

Company need to file its tax return annually.

Company need to file annual account with authorities annually.

Income tax rates applicable to Companies @30%.

Company need to have various Business registration with

authorities like PAN, TAN, VAT, CST, Services Tax, Profession

Tax, Central Excise, Import Export Code, Shop Act etc

depending on the applicability.

Regular Monthly/Quarterly/Six Monthly Return shall be filled

for above registration as per applicability.

2.5 External advisors

The External Advisors plays the key role, acts as a backbone of

every company and guide them to solve the problem when the

problem arises in the company based on the situation. In such

case the expert persons support such as accountants, lawyers and

insurance advisors are required to concentrate on improvement and

development of the company without having any risk from others.

So, pickle mania our company will be hiring the specialist

advisors from Italy to ensure the personal contribution.

2.6 Solicitors

A person cannot act as a solicitor unless they have the necessary

qualification and hold a valid 'practicing certificate', which is

issued by the Solicitors Regulation Authority. The work may be

carried out by a 'legal executive' (who may or may not be

qualified - see below), and certain court work may be carried out

by a barrister.

Instruction of a solicitor to provide a full service for you,

that service will include all of the following that are relevant

to your matter:

Taking the details of the matter from you (called 'taking

instructions'); 

Advising you;

Corresponding with the other party or their solicitors;

Gathering evidence;

Preparing court papers and other documents;

Sending papers to the court;

Representing you at court (usually at preliminary hearings

only);

Where appropriate, instructing a barrister to represent you at

court;

Ensuring that all steps are taken to implement any agreements

or court orders.

2.7 Tax accountant

The Tax accountant assumes an essential part in the execution of

the organization. Chartered tax accountants must keep abreast of

legislative developments and continually review their technical

knowledge and efficient tax compliance, Typical activities

include: calculating, preparing and submitting accounts and tax

returns, undertaking accounts administration, including auditing

financial information, advising about business plans, mergers,

take-overs and investment opportunities, liaising with Inland

Revenue and Customs and Excise departments

Krishna Kumar

#6, 1st Floor, 11th Main, 39th Cross

4th T Block Jayanagar

Bangalore - 560041

Karnataka, India

2.8 Insurance advisor

There’s a lot of information that needs to be gathered for any

action in insurance to be taken, especially when it comes to

deciding whether to cover claimants in the first place. Its

Important to find a trustworthy insurance representative, who

cannot just recommended the organization’s accurate insurance

needs in Singapore.

From buildings and machinery to transport and computer systems,

surveying knows no limits, which is why it helps to specialize in

a particular area. Some of the most popular include:

Fire and perils

Accidents and liability

Engineering insurance

Burglary and theft

Vijay Narayan

A 102 Krishnageet Shelters,

16 E Cross Pai Layout, Old Madras Road,

Bangalore – 560016

+ (91)-9036009893

Chapter 3-WORK OF OPERATION

3.1 Business hours

OFFICE HOURS – INDIAOpening time

(ISD)

Closing time

(ISD)

Operating hours

MONDAY-FRIDAY 10 AM 6 PM 8 HOURSSATURDAY 10 AM 4 PM 4 HOURSSUNDAY OFF OFF OFF

OFFICE HOURS – SINGAPOREOpening time

(SSD)

Closing time

(SSD)

Operating hours

MONDAY-FRIDAY 10 AM 6 PM 8 HOURSSATURDAY 10 AM 4 PM 4 HOURSSUNDAY OFF OFF OFF

3.2 Staff members

At starting, around 10 staffs will be work for our showroom with

one store head and later it will be hired as started by the

needs. For workers, the salary will be fixed as stated by the

contract signed. In view of the Census and statistics department

detail division India and Singapore, salaries rate is

characterized to include the minimum salary, average cost of

living allowances, promised year-end bonuses, bro-cage. As stated

in the agreement Staffs will get the payment first week of the

month.

3.3 Work organization chart

Source: (Researcher work, 2015)

3.4 Working hours for employees

OPERATIONAL HOURS – INDIAOpening time

(ISD)

Closing time

(ISD)

Operating hours

MONDAY-FRIDAY 9 AM 5 PM 8 HOURSSATURDAY 9 AM 2 PM 4 HOURSSUNDAY OFF OFF OFF

3.5 Work requirement

CHAIRMANSARATH KUMAR

MARKETING DIRECTOR

NITIN KUMAR

HRD QA/QC QC ENGINEERS PERSONNEL

DEVELOPEMENT DIRECTORJAGADEESH

FINANCIAL DIRECTOR

SARATH KUMAR

OPERATIONAL DIRECTORJAGADEESH

TECHNICINAN TECHNICIAN

The work requirements for every individual are applying for our

company the staff members should possess a degree and also hold

diploma certificates in specialized field. Every staffs should

have a good in interpersonal and communication skills in order to

maintain the good relationship with the clients as per their

requirements need to satisfied.

3.6 Recruitment and training

The Recruitment and Training plays a vital role in every

organizations is one of the integral part of HR Dept. in a

company. All the recruitment activities and finalized decision

making involved by the chairman and the department head. It

provide hazing and illustrates hoe=w to create an effective and

positive training atmosphere. Here employers should provide

employees with effective information and training on hazardous

chemicals in their work area” and the requirements of this

standard. Other information should include use of labels and

material safety data sheets, location and details of the written

hazard communication program, health hazards. The training

program will helps the employee to gain knowledge about latest

technologies and also knowing the customer perception in the

market.

3.7 Material and equipment

All required fresh vegetables are brought from farm directly for

food Hygienic purpose. Raw meat which are brought from standard

markets with the Halal certificate for the Global market. The

machinery equipment which will purchase from the local market.

For the transport of the goods for the wholesaler, company will

be buying its own vehicle. In office more equipment’s such as

computer for billing, online registration, wholesaler queries,

telephone connections, broadband connections tables, chairs and

other office materials will be purchased based on requirements.

The Brand awareness, product promotion for advertisement etc. all

these activities are done by the outsourcing or done by

advertising company named as “MADISION WORLD”.

3.8 Health and safety regulation

Protect staffs from illness or injury in the workplace. Taking

care of staff makes them more inclined to look after your

company’s interests. They will feel safer, more confident and

valued. It makes good business sense to get equipped with the

knowledge and skills to improve safety at work.

Health and safety legislation exists to protect the worker, and

the business owner. Show you care and look after those who work

for you. There are plenty of business benefits:

A reduction in the number of working days lost due to

illness and injury

Retain your staff

Motivate your workers and boost productivity

Protect the reputation of your company

Shield yourself from potential legal action and reduce your

insurance premiums

Chapter 4-LAYOUT INFORMATION

4.1 Location

4.2 Layout premises

4.3 Working policies

4.4 Backup plan

4.5 Operational Strategy

Chapter 5-FUTURE DEVELOPMENT

5.1 Key to success

5.2 Service development

5.3 Product diversification

5.4 Product diversification

5.5 Market development

5.6 Business Model

5.7 Back up Plan

5.7.1 Long-term Plan

5.7.2 Important Assumptions

5.8 Risk

Chapter 6-DEVELOPMENT AND STATERGY

6.1 Business Development Strategy and Implementation

6.1.1 Market Strategy

6.1.2 Price Strategy

6.1.3 Operational Strategy

6.1.4 Financial Strategy

6.1.5 HRM Strategy

6.2 Projected cash flow

Chapter 7-FUND MANAGEMENT

7.1 Plan for fun development activities

7.2 Organize Fund Development activities

7.3 Staff Fund Development Activities

7.4 Managing Fund Development activities

7.5 Promote the Organization

8. Conclusion

9. Bibliography

10. Appendix

References

http://www.operations-director.com/