Bcom Final Project
Bcom Final Project
SUBMITTED BY
ALVIN K J
BCOM FINANCE A
(NIAUBCM114)
DEPARTMENT OF COMMERCE
CHAPTER – 1
INTRODUCTION
1.3 OBJECTIVES
To assess the retailer’s satisfaction level with Nallari rice.
To identify the factors which affect retailer satisfaction.
To identify retailers’ perception of marketing support, delivery of the product,
brand image, price, and promotion strategies of K&T Argo Mills.
. The case in which a transaction can be completed once the customer attempts
to make a purchase
. The customer’s satisfaction with the product after the purchase.
These three elements are customer services' pre-transaction, transaction, and
post-transaction components.
From the study, Burman and Evans (2006) have offered a different kind of
approach to the present system of retailing. The book retail management: a
strategic approach is related to understanding the marketing phenomenon of
retailing, the changes brought in due to competition amongst retailers in terms
of marketing, distribution, as well as promotional practices
The book “Retailing Management Text and Cases” by Swapna Pradhan (2000)
provides a wide picture of Indian retailing and a global perspective. The book
through light on a complete knowledge of retailing from its evolution to the
current market situation and emerging formats of retailing and its worldwide
growth.
According to Dale Gillian and Banfield Graham (1985), Distribution refers to
the process of movement of goods from the original producer to the final
consumer. The line of exchange is known as ―the chain of distribution‖. In this
final chain, retail is the endpoint. Retailing includes all the activities involved in
selling goods and services to the final consumers for personal, and non-personal
use. Retailers perform several functions such as bulk breaking, assorting,
storing, and advisory services among others as a part of customer service.
According to David Gilbert (1983) more than any other business we are
witnessing the emergence of new forms of retailing and becoming more
segmented with reforms focusing on the needs of the particular consumer
segment. The result of this is the development of a more consumer-friendly
environment. Whereas, once it was the manufacturers’ brand that was all
important.
CHAPTER 3
THEORETICAL FRAMEWORK
Milling
Milling means the removal of husk from the rice grain. Milling is done to
remove the husk and retain a specified % of bran from the seeds. Rice milling
includes me) hand pounding, ii) raw milling, and iii) parboiled rice milling.
Hand pounding involves the pounding of paddy with hand stone or poles or
pestle and mortar whereas other milling is performed through huller mills,
Sheller mills, rubber roller mills, etc.
Polishing
The rice is polished to remove the bran from the rice. It is also called
“whitening” pearling or scouring.
Sorting
It means the separation of rice kernels according to size i.e., Head rice, broken
rice, etc. For sorting, photoelectric censor/camera help in the color sorting of
rice kernels. It was introduced in Indian rice mills during 1994-95 in the basmati
segment. The combination of electronic and pneumatic functions – a system
developed; to sort out the black, brown, and yellow rice from white (good) rice.
This sorting process is carried out in rice mills for almost all types of rice. The
recovery of brown rice as obtained could be in the range of 62-70 percent. The
potential yield of rice is 70-72%. The need is, therefore, to promote modern rice
mills and develop milling technology for fine rice. If all paddy is milled in
modern rice mills, 3 million tons of additional rice worth Rs. 15,000 million
could be obtained.
Marketing channels
The major marketing channels identified in the private sector are:
producer → miller →wholesaler → retailer→ consumer
producer → wholesaler (paddy) → miller → wholesaler(rice) retailer → consumer
PRODUCER
PRIVATE INSTITUTIONAL
PROCURING AGENCY
(FCI/COOP./STATE
COMMISSON WHOLESALER INTERANT GOVT.)
AGENT (PADDY) MERCHANT
MILLER
MILLER (FCI/COOP./STA
TE
GOVT.)
CONSUMER
Various uses of rice
Rice is a staple food and is used in many ways.
Staple food:
Rice is used as a staple food by more than 60 percent of the world’s
population. Cooking rice is the most popular way of eating it. There are
many ways of domestic use like khichadi, pulav, jeera rice, idle, dosa, etc.
Starch:
Rice starch is used in making ice cream, custard powder, puddings, gel, a
distillation of potable alcohol, etc.
Rice bran:
It is used in confectionery products like bread, snacks, cookies, and biscuits.
The defatted bran is also used as cattle feed, organic fertilizer, medicinal
purposes, and wax making.
Flaked rice:
It is made from parboiled rice and used in many preparations.
Puffed rice:
It is made from paddy and used as a whole for eating.
Parched rice:
It is made from parboiled rice and is easily digestible. In India, about 4-5
percent of the total supply of rice is used as parched rice.
Rice husk:
It is used as a fuel, in board and paper manufacturing, packing and building
materials, and as an insulator. It is also used for compost making and
chemical derivatives.
Rice broken:
It is used for making food items like breakfast cereals, baby foods, rice
flour, noodles, rice cakes, idli, dosa, etc. And also used as poultry feed.
Rice straw:
It is mainly used as animal feed, fuel, mushroom bed, for mulching in
horticultural crops, and in the preparation of paper and compost.
K&T ago mills (p) ltd. Is the brand owner of “Nallari sortex rice”. Nallari,
the brand name in which K&T group markets rice, is one of the premier
manufacturers and selling brands of rice in Kerala and abroad, and has
become a household name. K&T Agro Mills P.Ltd Kalady (p) ltd. Was
established in the year 1994 at Mattoor, Kalady. Mr. Varghese Abraham
Thadikkaran is the director of the company, who is having decades of
experience in the rice industry with a vision to bring in good quality rice.
K&T Agro mill is not yet another business activity for them; it is a mission
for them to provide quality rice at an affordable price to people around the
globe. It is one of Kerala’s leading rice processing and trading enterprises
and plays a very important role in domestic as well as international markets.
For over two decades, Nallari has been providing the Malayalees the world
with their most favored double-boiled matta rice, the “kuthari” as it is
widely known. The major exported countries of Nallari include all UAE,
America, Germany, Australia, and Sri Lanka.
K&T Agro Mills Pvt. Ltd. Kalady (p) ltd. Is an ISO 9001- 2000 certified
company and has attained several awards for its best-quality product. K&T
group is the first fully automatic rice mill owner in Kerala which introduced
sortex rice for matta rice. The company is involved in the manufacturing of
the best quality rice. The chairman, the executives, and all their employees
take the same rice for their families from the central store. This simple step
ensures the quality of the rice. The quality is ensured not by any designated
department but by the experienced people who are behind their entire
production process. Nallari sortex rice is available in 75 kg, 50 kg, 20 kg, 10
kg, and 5 kg bags in the market.
History of the company
K&T Agro Mills Pvt. Ltd. Kalady is one of the leading brands in the world
rice market. They have introduced computerized sortex rice in the world
rice market, which was the first computerized sortex rice mill in Kerala.
They named it Nallari sortex rice. Today Nallari sortex rice is a well-known
brand in Kerala as well as abroad. Mr. T.A Varghese is the chairman of the
company. The secret of their success is nothing but hard work and sincerity.
They have caught the attention of the public with the caption “for natural
taste Nallari sortex rice”.
They are very careful in keeping the factory and surroundings hygienic and
clean. The company can offer the products in bulk requirements within the
stipulated time frame. It is nothing but a customer’s mouth publicity is the
main advertisement for Nallari sortex rice.
Present status of the company
Nowadays the prices of commodities are going up without any proportion.
But K&T group had always maintained to keep the price and quality in
equilibrium to keep up the valuable customers. So, people welcome Nallari
to their house warmly, and as a result, the K&T group of companies is
flourishing well.
Despite the competition in this industry, Nallari is always a fast-growing
company. The management of the company is efficient and excellent. The
strength of the organization is its dedicated employees. This is one of the
most important reasons for the progress of K&T Agro Mills P.Ltd Kalady.
They maintain a good employee–management relationship. There is an
effective controlling mechanism in every unit. The cooperation of workers
and management is the most important factor that supports the company to
uplift its unit.
Now K&T group has acquired a new modern rice mill named land farm
Agro tech (p) ltd. and is also a partner of a villa project near Nedumbassery
known as “runway villas”.
Contact Address
K & T AGRO MILLS PVT. LTD.
Mattoor, Kalady P. O.
Ernakulam Dist., Kerala – 683574
Tel: +91 484 2463078, 2463521
e-Mail: [email protected]
www.nallaririce.com