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