ONE OF THE OLDEST STORE VERY STRONG CUSTOMER BASE A RETAIL CHAIN OF 140 CRORE 80 OUTLETS IN MUMBAI
BRAND NAME OF
Mumbai Kamgar Madhyavarti Grahak Sahakari Mandal Ltd
DATE OF INCORPORATION
9th May 1948
CONSTITUTION
Multi State Co-operative Society
SECTOR
Private
INDUSTRY
Retailing
REGISTERED OFFICE
106-A, Govingi Keni Road, Naigaon, Dadar [East], Mumbai 400014
SALES
11528 {in lacs}
Members
Managing Committee
Board Of Directors
Sadanand Chalke(Vice Chairman)
Prabhakar Mane(Chairman)
10%
Discount is further divided into : 5% cash Discount 5% rebate on the next purchase.
•
Coupon book of Rs. 250, each.
Dividends Gift
Vouchers
Meetings Annual General Meetings Monthly Meetings Weekly Meetings
Election
Akshay Labh. 10% Interest on Deposits for Non Members 11% Interest on Deposits For Members Term of 2yrs
Fixed Deposits
6 Month Interest
1 Year Interest Citizen Sr. Citizen
Citizen
Sr. Citizen
11%
11.5%
10.5%
11%
12%
12.5%
11.5%
12%
Deposits 31st March 2007
31st March 2008
Fixed Deposits
1363.55
1290.15
Akshay deposits
1218.35
1093.85
2581.90
2384.00
Total
31st March 2007
31st March 2008
Members Contribution 15648
Members Contributio n
1,76,39,720 Individual
15709
1,82,95,410
56
34,980
Institutio n
56
34,980
15704
1,76,74,700
Total
15765
1,83,30,390
Apna Mini
bazaar
apna bazaar
Franchisee Medical
store
Agro
based products
Branded
Rural
products
Products
Qualification
– 12th pass
Department Office
No. of Employees 6
Godown Salesmen Transportation Packing Cash counter Sweeper
6 15 2 5 4 7
Office
& many other employees have experience of 20 years.
Warehouse
2006.
in Naigaon is closed from
Authority to branches for many purchases.
Report to H.O. once in a week about purchases.
Colgate, P & G, Ariel - Direct from Co.
HUL products – Mahavir Distributor
Seasonable goods from H.O.
Wheat, Pulses – APMC, Vashi.
Direct from farmers.
Onion, Potato – local
‘Rice Mela’
Collects all varieties of rice from it
Preference
to cooperative &
MSME Umbrella & Utensils - Sahayak Co-op Ganpati – from village Pen Duster, Hanger – Jogeshwari Andhshala Suntips Tea - Unmesh Apna Tea – Brand name given to one of the variety of Suntips Tea
Product
Margin
Oil
6%
Tea
5%
Soap
6%
Hing
40%
Grocery
8%
Discount
from Parle, Britannia, Nestle, Colgate, Harpic, Dettol etc… Custom held products Supply to Ration shops Initially Dhara oil was supplied only to Apna Bazaar
Medicines
: 6% - senior citizen 5% - others Accepts Sodex-ho coupons Rs.15 lacs sales. Gifts on anniversary
Sodex-Ho pass
Customer Medical
Confidence & loyalty
Store
Procurement Good
of Material
Discounting Model
Survival Medical
Association Pressure
Economic
Slowdown
Competitors Unprofessional Autonomy
working
in Finance
No Govt. Support.
No
Aggressive policy (advertising, sales etc.)
Closed Loss making Branches. Opening of New Branches. Clearing the piled up stock. VRS
Protection
by Government
Concessions
VAT Tax Rate Interest Rate
Corporate
Management Take over.
Aggressive
Strategies to deal with Competition
Using
& highlighting Strengths in local
area. More Using
Autonomy to Managers.
other methods to enhance employee performance.