INDUSTRY PROFILE Jar cellulose & coating pvt ltd was come under the chemical industry. The chemical industry includes the companies which produce industrial chemicals. It was central to the modern world economy. It will converts raw materials into different products. History of chemical industry The chemicals was came with its beginnings of the industrial revolution in general. Industrial revolution The first chemical produced in the world was sulfuric acid, in 1736, the pharmacist Joshua ward was developed a process for its production that involved heating saltpeter & allowing the sulfur to oxidize & it was combine with water. It was the first practical production of sulfuric acid on large scale basis. The first large scale factory was established …show more content…
The growth of chemical industry will increase. Investment The government of India opens 100% foreign direct investment (FDI) in the chemical products except those that are hazardous in nature. In the financial year 2001- financial year 2009 the total FDI in the chemical industry was about USD 9,567 mn Government initiatives The government of India takes various action to improve the production & efficiency in the chemical industry. The one of the action of government was 100% FDI in the chemical industry & evaluate STZ and industrial parks model of development was also implemented. Some major initiatives taken by the government for this sector was:- The licensing requirements was removed except in hazardous chemicals. The entrepreneurs are now easy to establish the chemical industries through the industrial entrepreneur’s memorandum (IEM) route. In the union budget 2009-2010 the government granted Rs:239 bn Top 10 chemical companies in India Tata chemicals UPL …show more content…
The stockiest will supply the goods to the agents, according to the order the agent will supply the goods to the wholesalers & from the wholesalers the retailers will collect the goods. The customers will buy the goods from the retailers. Important functions of distribution channel members The important functions of distribution channel members are as follows: Information provider: The channel member will provide information about the products to the customers as well as the shopkeepers Promotion: The channel members will promote the products through sales incentive programs etc… Matching demand and supply: The channel members will allocate the goods according to the demand. Transactions on time: The channel members will accurately arrange the transactions like cash, goods will be on time. DIFFERENT TYPE OF DISTRIBUTION CHANNELS Manufacturer customer In this type of distribution channel the manufacturer can directly sell their products to the end customer. There is no other intermediaries in this distribution
The goal of this distribution strategy is to mark up our prices minimally as we have to make some profit. However, due to the low cost of production and relatively low cost of expenses, our distribution strategy relies on moving large quantities of inventory consistently. The more volume we move, the more profit we will make (Refer to Appendix
These products are marketed through a network marketing organization where independent distributors purchase products for resale not only for their own personal use, but also retail customers.
The Chemical corps has changed dramatically since it was created in June 1918. The United States Army was not prepared for chemical warfare in World War I. The United States sent the American Expeditionary force under the command of General Pershing to train and equip American forces for gas defense. It wasn’t until 28 June 1918 that the Chemical corps became recognized by the War Department receiving the name of Chemical War Service.
...t in both direct and indirect ways. Direct sell will include, sell in online forums or use direct mail to reach our customers. When selling directly, we can take the time to showcase our product’s distinct attributes. Before turning sales over to a distributor, we will build a base of direct sales to prove the product will sell. Using an indirect approach, we will persuade stores to carry our products. While more time-consuming, approaching retailers in store or at trade shows gives us more control over how our product is displayed and how it’s presented to customers. For indirect sales incorporate a middleman in some way or another. A distributor’s functions include stocking, ease of ordering and quick delivery with no pioneering sales efforts. Intermediaries have expertise and contacts, but they may require minimum order quantities and an established sales record.
Consumers can purchase the goods through diverse channels and this will raise consciousness in the customers’ mind and make the loyalty. The higher the channel, the lower the price, it is going to occur all kinds of customers. Thus, enterprises have to consider their distribution channel architecture. They need to decide that channel must be applied an identical to their brand
The future strategy is to serve a special niche in the US market by selling higher priced doors through regional distributors, who then sell the doors to the customers. This new strategy focuses on a higher quality product that is sold with a higher price. It also emphasizes on the service factor of the specialized retailers, who target a different type of customer. Instead of a one-stage distribution channel this would be an example of a two-stage distribution channel strategy, which implies a different pricing strategy. The selective distribution of the new strategy would possibly give their product a new, higher quality image and get the customer more service.
Retailers like supermarkets that act as intermediary in selling goods manufactured from secondary sector businesses to the consumers.
An international marketing channel signifies an association of individuals and procedures that goods pass over to reach their final target. An operative international marketing channel permits organizations to influence its potential consumers at an economical price and within a rational extent of time. The distribution channel is the expression utilized to define the method in which goods or products are substantially distributed from the place they are produced to the location of the final customer.
Then, Tesla will seek retailers and/or resellers for mainstream distribution, in addition to its normal direct to consumer strategy. Tesla operates in Europe, Asia, and North America and delivers EVs globally through their direct to consumer method, and is the only manufacturer which delivers EVs in Europe. Producing a product or service and making it available to buyers requires building relationships not only with customers but also with key suppliers and resellers in the company’s supply chain (Armstrong & Kotler, 2015). Just as important as supply chains are, so too are Marketing Channels. A Marketing Channel is a set of interdependent organizations that help make a product or service available for use or consumption by the consumer or business user (Armstrong & Kotler, 2015). Utilizing approximately two to three channel levels allows consumers to receive the product
Easy access to information – This system provides all the relevant information in terms of availability, and customized price through a single interface which in a way integrates all the other players of supply chain like supplier, buyer, finance department and so on.
The growing demand for the production of such goods and the various constraints involved has motivated me to help provide the world with processes and techniques which are not only more efficient and affordable but also sustainable. The auxiliary motivators have been my interest for mathematics and my analytical ability. This is the goal that I set out with, and I believe that one of the toughest challenges in life is to make timely, well thought-out decisions that would aid in constant progression towards a goal. One such timely decision was the selection of Chemical engineering as my undergraduate stream of study which could pre...
Foreign Direct Investment (FDI) inflows to India amounting to US$4.06 billion were received during the financial year 2001-2002, with $2.46 billion (USD) received from the U.S. just in 2000-01 alone. This marked a 66% increase from the previous year. According to FDI Magazine, India was the number 3 recipient of FDI from January of 2002 to June of 2004. India had a total of 41 Foreign Direct Investment projects, beaten only by the United Kingdom with 53 and China with 54. FDI Magazine shares this observation: “Noticeable among the results for the second quarter is the rise of China to become the number one destination for foreign investment by number of projects. However, perhaps more significant is the increase in the number of projects heading for India, up over 77% year on year while the jobs creat...
Horizontal channel conflicts occur when more than one manufacturers sell through the same or different wholesalers and retailers. Problems can come up between different
By definition foreign direct investment is the acquisition of tangible assets such as machinery, land and factories; this type of investment are often between two companies- usually multinationals from different countries. FDI is one of the benefits of globalisation as it has a direct impact on aggregate demand having a follow on effect on technology, job opportunities and increased intellectual property owned by countries. In this essay I will discuss some of the factors that affect a country’s disposition to gaining foreign direct investment.
Customer order and decoupling point are what sets the inventory position in the production and tell them how they operate.