Internship Repor
Internship Repor
ON
“A STUDY ON OPERATIONS AT SHOPPERS STOP”
Report submitted in partial fulfillment of requirements for the award of the Degree of
Of
CMR UNIVERSITY
CMR UNIVERSITY
2021-2023
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REGISTRATION FORM
DECLARATION
I also declare that this project is the outcome of my own efforts and that it has
not been submitted to any other university or Institute for the award of any other
degree or Diploma or Certificate.
CERTIFICATE OF ORIGINALITY
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This is to certify that the Internship titled “A STUDY ON OPERATIONS AT
SHOPPERS STOP” is an original work of Mr.Jayanthyadav BN; bearing
University Register Number 21CMBAD033 and is being submitted in partial
fulfillment of the Master’s Degree in Business administration by CMR University.
The report has not been submitted earlier to this University/Institution for the
fulfillment of the requirement of a course of study.
DATE: DATE:
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CERTIFICATE BY THE COLLEGE
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Table of contents
Sr. Contents
no.
Chapter 1: Introduction of internship
1 Significance of internship
2 Objectives
3 Methodology
4 Limitations
Chapter 2: Company profile
1 Introduction of shoppers stop
2 History of shoppers stop
3 Mission and vision of shoppers
stop
4 Values of shoppers stop
5 Goals
6 Quality check
7 Polices of shoppers stop
8 Competitors information
9 Awards and achievements
10 Ownership pattern
Chapter 3: organizational structure
1 Management structure
2 Unit structure
3 Unit functional system
Chapter 4: Departmental study/
Functional study
1 Production department
2 Human Resource department
3 Finance Department
4 Marketing department
5 Research & development
Chapter 5: SWOT analysis and
interpretation
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1 SWOT analysis
2 McKensys 7 model
3 Financial statements
4 AGM report
Chapter 6: summary of findings,
suggestions, recommendations.
1 Recommendations & summary
2 Conclusion
Chapter 7: Learning’s
1 Loyalty program
2 Inventory control and inventory
mgt
3 Shrinkage and types of shrinkage
4 PICS Process
INTRODUCTION
MARKETING
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THE 4 Ps OF MARKETING
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RESUME BUILDIND: - While apply for jobs, the more experience
and accomplishment it have, the more attractive you will look to a
potential employer. Internship certificate is not only enough it should
give impact of your skills and ability to do a work.
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RESEARCH PROJECTS: -Methodology carrying out research
projects are carried into two subsections, content of the project and
organizational aspects. Content of the project gave emphasis to the
projects of RE-Regions and Micro-biogas. In the implementation, there
was two main role to be performed, community involvement and part of
project team. Both of them are executed with trans- and inter
disciplinary approach
PERSONAL PROJECTS: -Personal projects in this internship are
making an international study and building a concept for these proposal.
Internship study is the study of renewable energy region in the world
which aimed to achieve 100% self- sufficiency with renewable energy
for electricity and heat. This region identified is bordered as region
which has developed and implemented renewable energy concept 100%.
After the study area is limited, identification of the region can be started.
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THERE IS A LOW-EARNING POTENTIAL: -
Internship often have very low earning potential. Unlike a proper, full-
time job, most paid internships don’t offer a competitive wage to try and
attract talent. Interning for the wrong company, however, that things are
slowly changing. The number of companies offering no pay or paying
for only out of pocket expenses is decreasing, while some of the biggest
firms are also beginning to offer more competitive salaries is an attempt
to attract talent.
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COMPANY PROFIE
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by K Raheja Corp and It was incorporated on 16 th June 1997 as a private
limited company.
It started operations with the first store in suburban Mumbai. Shoppers
Stop is a household name known for its superior quality products
services and above all for providing a complete shopping experience. It
provides retail range of branded label apparel footwear perfumes
cosmetics jewellery leather products and accessories home products
books music and toys operates in the cities of Mumbai Delhi Kolkata
Chennai Bangalore Hyderabad Pune Jaipur and Gurgaon. The first store
was opened in the year 1991 at Andheri a suburb in Mumbai only with
Menswear.
Ladies wear was introduced in the year 1992. After a year the company
added children and non-apparels to its list in 1993. Loyalty program
titled First Citizen was launched in the year 1994 and in 1995, the
company opened the second store in Bangalore. The status of the
company was changed to deem public limited company in December of
the same incorporation year 1997. SS opened its third store in
Hyderabad during the year 1998 and implemented JDA Retail ERP in
the year 1999. Also during the same year of 1999 the companies fourth
and fifth stores in Jaipur and Delhi were opened.
During the year 2000 the company opened its sixth and seventh store at
Chennai and Chembur Mumbai and also in the same year 2000 SS has
acquired Crossword India leading retail book chain. As on 31 March
2019 the company has five subsidiaries. The eighth and ninth stores in
Pune and Bandra and tenth store in Kandivli Mumbai were opened by
the company in 2001 and 2002 respectively. Currently the company
opened 2 departmental stores that is one formats under its operations.
Shopper Stop is also providing online buying options through its website
or through other websites like Amazon.
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PRIVATE BRANDS OF SHOPPERS STOP
Arcelia
French Connection
Elliza Donatein
Haute Curry
Kashish
Sneaker Club-Addidas, Puma and Reebok
Stop
In Sense
Fratini
Life
Altlife
Bandeya Ethnic
Crossword
Home Stop
Karrot
IVY
Treasure
Fern
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VISION STATEMENT OF SHOPPERS STOP
“IT’S MAGICAL, IT’S COMFORTABLE, IT’S MY STORE”
To be an inspirational and trusted brand, transforming customer’s lives
through fashion and delightful shopping experience every time.
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acknowledge and learn from mistakes. An environment that fosters
teamwork.
INTEGRITY
“We will be fair and not take what is not ours”
We will at all times, treat employees, customers and business associates
equally and impartially. We will strive to create systems and a
culture that ensures integrity at all levels of the organization.
INNOVATIVE
“We will have an environment for innovation and growth”
We will encourage and foster an environment supportive to new ideas
and speedy implementation, thereby creating progress and a
momentum for change in the right direction. We will at all times
be customer focuses and focus on productivity improvements.
SOCIALLY RESPONSIBLE: -
“We will respect our customer’s right and be socially responsible”
We will at all times, be focused on understanding and fulfilling the
expectations of our customers. By definition “customer is anyone
who interacts with us”. We will at all times as individual and as an
organization, ensures that the effects of our actions on society are
beneficial and not detrimental.
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POLICIES OF SHOPPERS STOP
LEAVE POLICY: -
TYPES OF LEAVE NUMBER OF LEAVE
Casual Leave 12 days per year
Privilege Leave 25 days per year (DSS, TCCA and PT)
Maternity Leave 84 days per year (female associates)
Special Leave Half day on birthdays and Marriage
Anniversary
PUBLIC HOLIDAYS: -
Employees are entitled to 11 public holidays.
If an associates puts in his 8 hours of duty on a public holidays, he/she is
eligible for extra pay and a compensatory paid off.
If an associates puts in 8 hours of duty on a public holidays which falls
on his/her weekly off, then he/she is entitled to extra pay and two
compensations off.
Lists of holidays available on SPANDHAN.
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Reception/Office Lobby
Staircases/Stairwells
Parking area/basement parking area
Open terraces
Garden within the premises of the office/store building
Any open space which is a part of the store/office premises
Applicable only for units.
ABSENTEEISM POLICY: -
The policy provides guidelines for Unit Heads/Unit HRs/Corporate HRs
to resolve all absenteeism cases of associates at the store/services
offices.
If any employee is absent for more than three consecutive (working)
days without the consent of the immediate superior or without
intimating the HR department, the employee will be termed as
“Absentee”. This applies to all employees on probation or
confirmed, who are on the rolls of Shoppers Stop.
The HR would send an absconding letter by speed post to the employee
residential address. The employee is expected to intimate his
absence to the HR/Supervisor within 36 hours of receipt of letter.
On failure to do so the employee would be termed as absconding
and the HR would process his/her Full and Final settlement.
SEPARATION POLICY:-
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NOTICE PERIOD
If an associate wishes to separate from the organization during his/her
probation period, a minimum notice of 15 days must be served
before leaving. A confirmed employee who wishes to separate
from the organization A3 and above grades must serve a 2 month
notice period.
EXIT PROCESS
An employee who wants to bid farewell to the organization has to follow
the exit process. The employees needs to tender his/her resignation
letter/mail to the immediate supervisors, with the proposed last
date of service along with reasons. Resignations through SMS will
not be considered as a valid method of official communication.
The resignation letter with the immediate supervisor signature has
to be sent to the HR department.
FIRST CITIZEN
Shoppers Stops believe that the customer is the highest priority, which is
why this program has more than 2.3 million satisfied members
who contribute to approximately 73% of our sales.
The First Citizen loyalty program is the most successful relationship and
loyalty program in the retail industry in India today. The base of
the First Citizen members continues to grow, their trust in our
brand inspiring us to continue excelling in service and quality
offerings.
The objective of the First Citizen program is to ensure customer delight
and enhance customer satisfaction. Shoppers Stop truly values the
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feedback it receive from its customer. To truly know customers,
Shoppers Stop analyses the propriety First Citizen Data on a
continuous basis using ‘Drishti’, a data warehousing and data
mining IT backbone.
Customer groups are analyzed using the propriety tool ‘First Insight’.
This help plan targeted offers and communication.
HR INITIATIVES
Because customer comes first at Shoppers Stop, every employee is a
customer care associate, right from the Vice Chairman to the Floor
Staff. Associates start each day with the anthem ‘HADH SE
AAGE’ written by Gulzar, sung by Sonu Nigam and composed by
Ram Sampat.
PARICHAY
It is a national engagement event which aims to bring associates together
for a get-together.
LEARNING AND DEVELOPMENT CENTRE
The Learning and Development centre is responsible for supporting
Associates in their departmental needs, as well as providing the
organization with the organization with human talent for various
initiatives.
THE BABY KANGAROO PROGRAM
This is the first program in the retail sector to recognize high potential
and offer a structured growth path to Associates. The program has
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won many accolades in the industry, including the prestigious
‘DMA-Erehwon Award’ for Innovative HR initiatives.
MEASURE OF ASSOCIATE SATISFACTION
We actively measures associates satisfaction by conducting an annual
online survey to Associate Satisfaction Index (ASI). All employees
participate, across levels, making this an important tool for
continuous improvement.
PANTALOONS
SECTOR: -
Apparel Retail- Logistics, Wholesalers and Retail Distributors, Fashion,
Apparel and Accessories.
HEADQUARTERS: -
Mumbai, Maharashtra
FOUNDED: -
1997
STATUS: -
Private, Subsidiary of Aditya Birla Fashion and Retail Limited
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LIFESTYLE: -
SECTORS: -
Pharmacy, health and beauty, Furniture and Home Furnishing.
HEADQUARTERS: -
Bangalore, Karnataka
FOUNDED: -
1999
STATUS: -
Private, Subsidiary of Landmark Group
SECTOR
Fashion, Apparel and Accessories
HEADQUARTERS
Mumbai, Maharashtra
FOUNDED
2012
STATUS
Public, Subsidiary of Reliance Retail Limited, National Stock Exchange
of India, FLFL
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The New Year has started off on a rewarding note for Shoppers Stop
with it being best owed with 5 prestigious awards. In honour of
Shoppers Stops work in Energy Conversation, it has been conferred the
Energy Efficiency Initiative Award at the Global Green Leadership
Awards-2014 hosted by the World CSR Congress. This award
recognizes the energy management initiatives undertaken by Shoppers
Stop as part of its “3 R Effort”-To Reduce, Reuse and Recycle.
At the world HRD Congress, Shoppers Stop received two awards for the
Best Coaching Organization of the Year and the Best
Organizational Leadership Development Program in recognition of
its various HR practices, Coaching Programs and Assessment Centres.
And finally at the Asia Manufacturing Supply Chain Summit,
Shoppers Stop received the Supply chain leadership and strategy
Award and the best supply chain Initiative of the Year award.
Shoppers Stop is one amongst the numerous Indian companies, across
sectors, to be honored for its Supply Chain Management.
Mr. Govind Shrikhande, Customer Care Associate and Managing
Director, Shoppers Stop Ltd., said, “It is a very proud moment for us
to receive such recognition from the industry and our peers. Our teams
puts in a lot of hard work throughout the year with the ultimate focus on
delighting our customers. So, it gives us great pleasure to be a
recognized for our efforts. We continue to stay committed to the
company’s vision to be a global retailer in India and maintain our
“number 1 position in the department store category”.
QUALITY POLICY
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Once the product is picked and reaches our location within tentatively 5-
7 working days, we perform a quality check on the products within 2
working days and process Return/Exchange post quality check provided
the merchandise is unused condition and its original packaging along
with original tags and invoice, failing which Return/Exchange may not
be possible.
AREA OF OPERATION
Currently there are 4 MAC stores operating in Bengaluru, Delhi and
Mumbai (2).
It has also entered into airport retailing by entering into joint venture
with The Nuance Group AG of Switzerland. Currently it has outlets at
International airports at Bengaluru and Hyderabad
ORGANIZATIONAL STRUCTURE
MANAGEMENT STRUCTURE
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UNIT STRUCTURE
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MAIN OFFICE STRUCTURE
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COMMENT ON ORGANIZATIONAL STRUCTURE
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Shoppers Stop follows the horizontal way of organizational structure. It
start from Area controller that is in head or top position and ends with
the Customer Care Associates that is in last place in organizational
structure. All the departments placed in chronological way according to
the responsibilities.
In store level first come Unit head who is topmost supervisor of store.
Under Unit head there will be Retail Operation Manager, HR, Admin
and VM. Then, under Retail Operation Manager there will be
department management.
CHAPTER 4:- MARKETING STRATEGIES OF SHOPPERs
STOP
Shoppers Stop basically follows 2 Marketing Strategies:-
1. Guerrilla Marketing.
2. Interactive Marketing.
1. Guerrilla Marketing:-
It is an unconventional system of promotion
that relies on time, energy and imagination rather than a big marketing
bugs. Typically Guerrilla marketing tactics are unexpected and
unconventional, consumers are targeted is unexpected places, which
can make ideas that’s being marketed memorable, generrace buxx, and
even spread virally. It involves unusual approaches encounters as
intercept in public places, streets, giveaways of products, any
unconventional marketing intended to get maximum results from
minimal resources. More innovative approaches to this marketing now
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utiline cutting edge mobile digital technologies to really engage the
consumer and create a memorable brand experience.
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It is the strategies generally adopted by the retailers where
they allowed the customer as customize the products as
per their preference. This strategy is mainly followed by
service industries like hotels but Shoppers Stop is able to
cover out this facility in a retail store. The concepts that
has already made a debut in Shopper’s Stop outlet in
Mumbai, allowed customers-who are referred to as guests-
to go through various stages of activity in creating their
own teddy bear including choosing a stuffed animal,
stuffing it, giving it a heart, fulfilling and dressing it.
And though the toys are priced as premium level ranging
between Rs.595 and Rs.1295 for a stuffed animal and add-
ons such as sound chips, clothes and accessories coming at
extra cost-the interactive shopping experience also adds on
element of entertainment for young customers and turn
into a family affair as well.
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conversion rates.
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This technique is designed for use in the preliminary stages of
decision-making processes and can be used as a tool for
evaluation of the strategic position of organizations of many kinds
(for-profit enterprises, local and national governments, NGOs,
etc.). It is intended to identify the internal and external factors that
are favorable and unfavorable to achieving the objectives of the
venture or project. Users of a SWOT analysis often ask and
answer questions to generate meaningful information for each
category to make the tool useful and identify their competitive
advantage. SWOT has been described as a tried-and-true tool of
strategic analysis, but has also been criticized for its limitations,
and alternatives have been developed.
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according to the 7-S model, all seven elements are interconnected, and a
change in one element will have an impact on the others. To achieve
effective organizational performance and alignment, these elements need
to be mutually reinforcing and congruent with each other.
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The 7 elements identified in the McKinsey 7s model can be categorized
as being hard or soft in nature. They are identified as:
1. Hard elements
The hard elements of the McKinsey 7s model comprise of strategy,
structure, and systems. The hard elements of the model are easier to
identify, more tangible in nature, and directly controlled and influenced
by the leadership and management of the organization.
Strategy
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1.1.2. Guiding behavior for goal attainment
The strategic direction for SHOPPERS STOP TARGETING THE
YOUNG is also important in helping the business guide employee, staff,
and stakeholder behaviour towards the attainment and achievement of
goals. SMART Goals are set with short and long term deadlines in
accordance with the business strategy. The business strategy helps
employees decide tactics and behaviours for attaining the set goals and
targets to help the business grow.
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1.1.5. Flexibility and adaptability
The strategy at SHOPPERS STOP TARGETING THE YOUNG is
flexible and adaptable. This is an important aspect of the strategic
direction, and strategy setting at SHOPPERS STOP TARGETING THE
YOUNG. Rigidity in strategy leads a company and a business to often
become stagnant and obstructs advancement, and progression with
evolving changes in the consumer markets.
Structure
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1.2.5. Communication
SHOPPERS STOP TARGETING THE YOUNG has a developed and
intricate system for ensuring communication between employees, and
different managerial levels. The communication systems at SHOPPERS
STOP TARGETING THE YOUNG enhance the overall organizational
structure. The systematic, defined, and organized communication allows
an easy flow of information and ensures that no organizational tasks and
goals are compromised because of a lack of communication, or
misunderstandings.
Systems
- Finance
- Marketing
- Operations
- Sales
- Strategic leadership
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1.3.2. Defined controls for systems
Each of the defined and demarcated systems at SHOPPERS STOP
TARGETING THE YOUNG has especially designed tools and methods
as controls for evaluating performance and goal attainment. These
controls and measures are designed specifically in different departments
based on the nature of their tasks and responsibilities. Moreover, each
department also designs specific controls for members for performance
evaluation, as well as for inter-departmental tasks and responsibilities.
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with resources, and set specific targets to achieve similar business goals
in any specific period.
Soft elements
The soft elements of the McKinsey 7s model, in turn, include shared
values, staff, skills, and strategy. These elements are less tangible in
nature and are more influenced by the organizational culture. As such,
the management does not have direct influence or control over them.
These elements are also harder to describe and directly identify – but are
equally important for an organization’s success and improved
performance.
Shared values
- Creativity
- Honesty
- Transparency
- Accountability
- Trust
- Quality
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- Heritage
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organizational culture. In the event of organizational change, the
company will continue to ensure that all change management processes
and methods incorporate the core values so that the organizational
culture is consistently maintained, and systematically changed if need
be.
2.2. Style
2.2.1. Management/leadership style
SHOPPERS STOP TARGETING THE YOUNG has a participative
leadership style. Through a participative leadership style, SHOPPERS
STOP TARGETING THE YOUNG is able to engage and involve its
employees in decision-making processes and managerial decisions. This
also allows the leadership to regularly interact with the employees and
different managerial groups to identify any potential conflicts for
resolution, as well as for feedback regarding strategic tactics and
operations. Through its participative leadership, SHOPPERS STOP
TARGETING THE YOUNG is able to enhance employee motivation,
and increase organizational commitment and ownership amongst
employees as well as other stakeholders.
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2.2.3. Cooperation vs competition – internally
With its supportive and encouraging organizational culture, SHOPPERS
STOP TARGETING THE YOUNG gives way to internal collaboration
and cooperation between employees, systems, teams, and departments.
This cooperation and collaboration at SHOPPERS STOP TARGETING
THE YOUNG is important since its operations are spread globally, and
also because tasks and responsibilities within the company often require
inter-departmental feedback and input. Moreover, with increased
expansion, and synergy, the business also regularly forms project teams
– which function effectively because of the cooperative and
collaborative culture within the SHOPPERS STOP TARGETING THE
YOUNG organization.
2.3. Staff
2.3.1. Employee skill level vs business goals
SHOPPERS STOP TARGETING THE YOUNG has a sufficient
number of employees employed across its global operations. Employees
for different job roles and positions are hired internally as well as
externally – depending on the urgency and the skill levels required.
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Based on this, it is seen that SHOPPERS STOP TARGETING THE
YOUNG has employees who are skilled as per the requirements of their
job roles and positions. All employees are given in house training to
the role of IT way back in 1991, Shoppers’ Stop was among the first few
retailers to use scanners and barcodes and completely computerize its
operations. Today it is one
of the few stores in India to have retail ERP in place, which is now being
integrated with Oracle Financials and the Arthur familiarize themselves
with the company and its values. External training along with in-house
training is provided for skill level enhancement.
All job roles and positions are designed to facilitate the achievement of
business goals, and as such, employee skill level at SHOPPERS STOP
TARGETING THE YOUNG is sufficient to achieve the business goals
of the company.
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vacancies or skill gaps. Based on the nature of the need, the human
resource department arranges for recruitments which may be permanent
or contractual in nature, as well as arranges training sessions if need be
for the current workforce.
CHAPTER-6
SUMMARY OF FINDINGS,
SUGGESTIONS/RECOMMENDATIONS AND CONCLUSION
SUMMARY OF FINDINGS:-
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How the retail store works and what are the responsibilities and
duties of various supervisors.
How to interact with consumers and resolving their issues.
How to promote and advertise the new schemes and products
related to shoppers stop.
How to manage and plan activities within the store level.
Marketing strategies of Shoppers Stop like First Citizen, Discount,
Bill Buster, etc.
SUGGESTIONS/RECOMMENDATIONS:-
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Shoppers Stop for giving me this opportunity and it will really help in
my future career.
REFERENCES:-
1. Google Search Engine.
2. Yahoo search engine.
3. Shoppers Stop official website (shoppersstop.com)
CHAPTER-7
I also learned how the head department motivate and helps the
employees to do their works so that they can give their best.
Then, I had learned about the Loyalty Program Scheme for the
loyal customers through which customer can get points which they
can use in purchasing the products from Shoppers Stop.
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I also got opportunity to interact with lots of customers and make
them aware about Bill Buster offers.
I also learned about how the Global Counting and PICS is done
and I got the opportunity to be part of these activity.
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THANK YOU
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