Warna Bazar1

RURAL INDIA

Warna Bazar2

Warna Bazar3

Warna Bazar4

Warna Bazar5

Warna Bazar6

7

I would say if the village perishes, India will perish too. It will be no more India. -Mahatma Gandhi

India is rich nation with poor population-Nitin Gadkari.

“The fortune at the bottom of the pyramid”-C K Prahlad

Warna Bazar

Warna Bazar8

Co-operative based organization can be successful in India…??

YES

Warna Bazar9

Warna Bazar10

INTRODUCTION TO WARANA BAZAAR

 WARANANAGAR  Leadership of late Sahakarmaharshi Shri.

Tatyasaheb Kore. Shree Warana Co-operative Sugar Factory was

founded in the year 1956. Warana Bazar, the first consumer Co-

operative store was founded in the year 1976 and started functioning on 2nd April 1978.

Warna Bazar11

Warna Bazar12

WARANA BAZAAR---SUCCESS

Warana Bazar- Success Story

Yearly turnover of Rs. 113 cores, 555 employees. Member’s strength of 20111 out of them 80% are

women. It has 2 big department stores and 55 branches &

3 franchies. Daily turnover of warana bazaar is more than Rs.

35 lakhs.

Warna Bazar13

Warana Bazar has 24 different sections. 30,000 different types of goods. Almost 70 per cent of the goods are obtained

directly from the manufacturers and apex bodies like NCCF thus eliminating the middlemen.

Where direct purchases are not possible, goods are purchased from authorized dealers, stockists, and agents.

WARNA BAZAR- SECTIONS

Warna Bazar14

General Body

Board of Directors

Paid Employees

WARNA BAZAR - MANAGEMENT

Warna Bazar15

Accounting System

Sales per Manday

Stock Turn

Stock Productivit

y

Sales for Square

ACCOUNTING SYSTEM

Warna Bazar16

In order to get trained staff they have started a training centre under the name & style Vilasrao Tatyasaheb Kore Consumers Co-op. Training Centre in the year 1996.

Every year salesmen training programme of one month duration is conducted in the Centre.

NABARD & Shivaji University, Kolhapur has approved this programme.

First ten students of every batch are absorbed in Warana Bazar.

Employees who already are in service with various Co-op, stores in Maharashtra & Goa are eligible for admission in the above training programme.

TRAINING AND RECRUITING SYSTEM OF WARNA BAZAR

Warna Bazar17

ACTIVITIES FOR EMPLOYEES

•P.F. contribution 12 %•LIC group gratuity scheme,•Pension scheme 5%•Bonus 25%, Incentive 12.5%•Medi claim and Personal Accident Insurance cover and workers co-operative society etc.•34 Days leave & Three month Maternity leave•Tea, two times per day•On the job training for the trainees•Part time job provided for college students.•Workers Welfare first Registered under the trust act.•Gratuity trust registered under the trust act.•Uniform

Warna Bazar18

ALLIED ACTIVITIES

•Haldi kumkum ceremony for lady members at the time of Makar Sankrant.•8 % Rebate on the purchase of festival goods at the time of Dipawali.•8 % Rebate on the purchase of festival goods at the time of Gudhipadva.•10 % Cash rebate coupons for use throughout the year.•Total 26% on their investment in shares in the society.•“Ashi bhesal Ashi chalakhi.Ashi Banava Banavi ”- Exhibition•“Pak kala ”competition for ladies Members

Warna Bazar19

ADDITIONAL ACTIVITIES

•Barcode system, STD/ISD/PCO Booths, Xerox Service.•Organisation of demonstration of various types of goods & various awareness camps.•Consumer meeting every year.•Implementation of different schemes for sales promotion like Bumper lucky Draw scheme twice in year. Total prize of Rs.71 lacs.•Food testing laboratory.•Packaging & Marketing Warana Brand Cotton seed oil.•Children Park, Parking facility.•Divya pharmacy medical officers services free for all.•Store open on all 7 days in a week at 10.00 am to 7.00 pm•J.PA. Policy (Janata Personal Accident Policy)•Mobile Van - JAG0 GRAHAK JAGO

Warna Bazar20

Rural trust enjoyed by Warna Bazaar

A vast variety of stuff available under one roof.

Low prices offers, that attract customers.

Maximum percent of footfalls converted in sales

Biggest value retail chain in India It offers a family shopping

experience.

STRENGTH

Warna Bazar21

Only localized, rural presence. General perception: ‘Low price =

Low quality’ Overcrowded during offers Limited only to value offering low

price products. Unavailability of others brands.

WEAKNESS

Warna Bazar22

A lot of scope in Indian organized retail as it stands at approximately 4%.

Increasing mall culture in India.

People these days prefer to visit big stores.

 

OPPORTUNITY

Warna Bazar23

Competition from other value retail chains such as Shoprite, Reliance (Fresh and trends), Hypercity and D-mart, Big-bazaar.

Unorganized retail stores for daily purchases

Changing Government policies International players looking to

target India

THREATS

Warna Bazar24

FUTURE PLAN

PUNE/KOLHAPUR: Reliance Life Sciences is working with the Kolhapur-based Warna Agro for launching a mango-based drink in the market.

"We have signed an MoU with Reliance Life sciences. The formula has been developed jointly by Warna Agro and Reliance Life Sciences," said HN Desai, chief executive officer of Warna Agro.

According to the MoU, Warna Agro will manufacture the mango drink for Reliance and pack it in an aseptic packaging. "The company plans to manufacture 50,000 cartons of the drink every month," he said. But there is no clarity on the time of the launch.

Warna Bazar25

Conclusion