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Aurolab Internship Program - Write Up

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0% found this document useful (0 votes)
279 views3 pages

Aurolab Internship Program - Write Up

Uploaded by

n7470405669
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Aurolab Internship Program

At Aurolab, we’re more than just a global leader in ophthalmic solutions—we’re a mission-
driven organization with a vision to make high-quality eye care accessible to all. Founded in
1992, Aurolab has been at the forefront of developing and delivering cost-effective products
that touch lives worldwide. With innovative solutions in intraocular lenses, pharmaceuticals,
surgical products, and diagnostic tools, we are committed to serving healthcare needs
through cutting-edge technology and affordable care.
Aurolab has pioneered making ophthalmic medical devices affordable in the earlier part of
its journey towards eliminating needless blindness. Being closely associated with Aravind
eye hospital, Aurolab’s management was highly influenced by the famous

Why Intern at Aurolab?


As a management intern at Aurolab, you will be part of an organization that operates at the
intersection of healthcare, innovation, and social impact. You will gain firsthand experience
in strategic projects, working closely with seasoned professionals who are leaders in the
medical device and healthcare industry.
What’s in Store for You:

● Impact-Driven Projects: Engage in initiatives that make a real difference, from streamlining
operations to advancing market strategies for life-changing products.
● Mentorship and Learning: Benefit from working alongside industry veterans and thought
leaders who are deeply passionate about innovation and healthcare.
● Global Exposure: Aurolab exports products to over 160 countries, giving you an opportunity to
work on globally impactful projects and gain international market insights.
● Innovative Culture: Be part of a dynamic environment that fosters creativity, continuous
learning, and out-of-the-box thinking.

We’re Looking for Passionate Individuals


If you are enthusiastic about healthcare, technology, and making a difference, Aurolab
offers a unique opportunity to learn and grow in a thriving industry. You’ll gain hands-on
experience, build a network of professionals, and contribute to projects that have a lasting
impact on society.

Internship Opportunity Projects


Problem 1
The competition set of Aurolab products includes MNCs & Indian brands. The imported brands have
greater command in the market and Indian companies like Appasamy, Biotech and Care Group have
sizeable market share and are strong in their relationship management activity (CRM). The quality of
the Aurolab IOLs is good & comparable to the imported IOLs. However, Aurolab has not been able to
build on its perception of quality as compared to the imported IOLs and market share gain remains a
concern.
The Problem: In the gamut of the business involving imported and Indian lenses what should be the
strategy & positioning of Aurolab in the IOL segment

Problem 2
The Background- Aurolab distributes its products through super stockiest who in turn caters to the
orders from the customers
The Problem – The current distribution arrangement is posing serious concerns on adequate
inventory management which is leading to poor product availability.
What should be the distribution model for Aurolab to overcome demand & supply adequacy?

Problem 3
Aurolab is very closely associated with the Aravind Eye Care System. More than 3000+ surgeons
have been trained at Aravind over the years. Many of them would have certainly used Aurolab
products while at Aurolab.
The Problem – How can Aurolab tap into this pool of Aravind Alumni effectively. What is it we can
offer to them and build an effective customer engagement strategy for this segment of customers

Problem 4
The biggest chunk of Aurolab’s business in domestic markets happens through our dealer network.
Many of the dealers have been legacy dealers and have been with the organization for over 25 years.
Some have been on boarded more recently.
Problem: Identify the measurement criteria for the dealers performance. Set up a monitoring
mechanism for tracking the dealer performance. Also how can Aurolab engage with the dealers to
keep them aligned and motivated to deliver for Aurolab.

Problem 5
Aurolab reaches out to 160 countries worldwide through a network of 60+ international distributors.
How do we track and measure their performance? What should be the criteria? How can we build
some early warning systems in case of loss of business etc.,

Problem 6
Digital Marketing
Aurolab is based out of Madurai, T.N. How should we build our corporate image that will attract
engineering and marketing talent to Madurai.
How can Aurolab use Digital Marketing to influence patients in a B2B context.

Problem 7
Data Analytics

Aurolab has implemented Salesforce for sales force effectiveness.


What are the ways in which they use this to improve their analytics and decision making?

Problem 8
New Product
Market study for a product under development. The project team is expected to do a thorough market
survey and recommend the launch strategy for the product ( Medical Equipment).

Problem 9
Study the current employee engagement levels at corporate office and sales teams. Recommend
innovative employee engagement program that will increase the satisfaction of employees and
improve retention level.

Problem 10
AI and allied subjects are being adopted by organisations aggressively.
What are all the areas in which Aurolab can adopt AI to gain speed to market and competitive
advantage

Problem 11
Study the impact of TPM in Aurolab operational performance – and suggest other CI tools that
can be implemented for better performance.

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