hindustan coca cola ppt
DESCRIPTION
brief description about coca colaTRANSCRIPT
HINDUSTAN COCA COLA BEVERAGES PRIVATE LIMITED
Project Title To consolidate the financial
reconciliation status of National Key Account customers for the
HCCB location
Presented By : Shipra Jinsi
Was born in ATLANTA, Georgia on May 8, 1886
Started building global networks in 1920’s Now operating in 200 countries Producing nearly 400 brands
INTRODUCTION
Fast Moving Consumer Goods (FMCG), also known as Consumer Packaged Goods (CPG) are products that have a quick turnover and relatively low cost.
Changes in 20th century Liberalization and growth of the Indian
economy Social changes
FMCG INDUSTRY
Changes in the FMCG sector had positive impact on the population which resulted in the rapid growth of the industry.
Example: HLL led the way in revolutionizing the product, market, product, distribution and service format of the FMCG by focusing on rural market, direct distribution, creating new product and service format.
The sector being one of the biggest sectors of the Indian Economy provides up to 4 million jobs.
Impact of FMCG
BEVERAGES
Alcoholic Non-Alcoholic
Carbonated Non-Carbonated
Cola Non-Cola Non-Cola
Was given birth by Pharmacist John Pemberton in 1886
John Pemberton & Frank M.Robinson gave the name coca cola
Coca cola became popular
Sold business to various partners
HISTORY
1888 sold the remaining portion to G. Candler
1891 G. Candler bought all the remaining rights & acquired the complete ownership & control over coca cola
Got registered on 1893 in United States Patent office
Increased demand of coca cola
Was sold to a group of investors for $ 25 million under the president ship of Robert W.Woodruff
The Coca-Cola bottling system grew up with roots deeply planted in local communities. This heritage serves the Company well today as consumers seek brands that honor local identity and the distinctiveness of local markets. As was true a century ago, strong locally based relationships between Coca-Cola bottlers, customers and communities are the foundation on which the entire business grows.
21st Century: Coca-Cola today
Coca-Cola was the leading soft drink brand in India until 1977, when it left rather than reveal its formula to the Government and reduce its equity stake as required under the Foreign Regulation Act (FERA) which governed the operations of foreign companies in India. Coca-Cola re-entered the Indian market on 26th October 1993 after a gap of 16 years, with its launch in Agra. An agreement with the Parle Group gave the Company instant ownership of the top soft drink brands of the nation.
In the new liberalized and deregulated environment in 1993, Coca-Cola made its re-entry into India through its 100% owned subsidiary, HCCBPL, the Indian bottling arm of the Coca-Cola Company.
About The Company
Coca-Cola is made up of 7000 local employees, 500 managers, over 60 manufacturing locations, 27 Company Owned Bottling Operations (COBO), 17 Franchisee Owned Bottling Operations (FOBO) and a network of 29 Contract Packers that facilitate the manufacture process of a range of products for the company
“Think local, act local”, is the mantra that Coca-Cola follows, with punch lines like “Life ho to aisi” for Urban India and “Thanda Matlab Coca-Cola” for Rural India. This resulted in a 37% growth rate in rural India visa-vie 24% growth seen in urban India.
Cont
Manufacturing Process at HCCBPL
There are in total three departmentsDistribution DepartmentFinance DepartmentShipping & warehousing Department
Departments
STRENGTHS1. Distribution network2. Strong brands3. Low cost of operation WEAKNESSES1. Low export levels2. Small scale sector reservations limit
ability to invest & achieve economies of scale
SWOT Analysis
OPPORTUNITIES1. Large domestic markets2. Export Potential3. Higher income among people THREATS1. Imports2. Tax & regulatory sector3. Slow down in rural demand
Cont…
PROJECT ANALYSIS
Account reconciliation, defined as the process of assuring that bank statements equal what a company expects from their internal accounting statements, is required with every business that keeps financial statements.
Account Reconciliation
Invoice Related Issues Ignorant Clients Head Office Requirement
The basic falls why the payment was not made on time by outlets are:
Proper Invoice Handling Keeping constant track of the ignorant
clients If there is a need of the head office then
arranging for the meeting as soon as possible
Recommendations
Reconciliation accounts for the company can be analyzed anytime & not necessarily after the month end rollover
Conclusion