Internship
Internship
23FTP101 – INTERNSHIP I
INTERNSHIP REPORT
SUBMITTED BY
HARI PRAKASH S
713523FT017
I YEAR
DEPARTMENT OF FOOD TECHNOLOGY
SNS COLLEGE OF TECHNOLOGY
COIMBATORE
JULY 2024
INTERNSHIP CERTIFICATE
TABLE OF CONTENT
1 INTRODUCTION 1
3 COMPANY PROFILE 2
3.1 MISSION 2
3.2 VISION 2
3.4 PRODUCTS 3 - 12
5 INDUSTRY PROFILE 14
5.1 HISTORY 14
7 SWOT ANALYSIS 39
8 FINDINGS 40
9 CONCLUSION 41
INTRODUCTION
This report delves into Podaran, a pioneering beverage company dedicated to redefining
refreshment through innovation and quality. Founded with a passion for crafting exceptional
beverages, Podaran has evolved into a prominent player in the industry, blending tradition with
modernity to offer a diverse portfolio of products that cater to varied consumer tastes. Our
analysis explores Podaran's market positioning amidst evolving consumer preferences and
competitive dynamics. It highlights Podaran's commitment to product excellence, sustainable
practices, and community engagement, underscoring its strategic initiatives in branding,
marketing, and operational efficiency. Moreover, the report examines Podaran's financial
performance, challenges, and opportunities for growth, providing insights into its future
prospects and strategic directions.
This report aims to provide a comprehensive analysis of Podaran, a prominent beverage company
known for its commitment to quality and innovation. The primary objective is to examine
Podaran's market position, product offerings, strategic initiatives, and financial performance
within the competitive beverage industry landscape. Firstly, the report will delve into Podaran's
history, mission, and evolution, providing a foundational understanding of its growth trajectory
and market entry strategies. Secondly, it will analyze current market trends and consumer
preferences in the beverage sector, contextualizing Podaran's competitive position and market
opportunities. Thirdly, the report will evaluate Podaran's diverse product portfolio, emphasizing
its strengths, unique selling points, and innovation strategies that drive consumer engagement
and brand loyalty. Additionally, it will assess Podaran's marketing and branding strategies,
focusing on digital marketing efforts and customer relationship management. Moreover, the
report will scrutinize Podaran's operational efficiency, supply chain management practices, and
sustainability initiatives to highlight its commitment to responsible business practices. Lastly, it
will provide a detailed analysis of Podaran's financial performance, including revenue growth,
profitability margins, and investment in research and development. By addressing these
objectives, the report aims to offer strategic insights and recommendations to support Podaran's
continued growth and success in the dynamic beverage industry.
CHAPTER I
COMPANY PROFILE
3.1 MISSION
We create value by Providing private brand fruit and beverage solutions for our customers
through best-in-category market responsiveness and service while continually improving
execution in all areas of our operation.
3.2 VISION
We will continue to develop our private brand capabilities and build relationships with
customers and employees that create value over the long term. This will enable us to
2
The Company was accredited by FPO-1148, FSSA and it was affiliated with
CII. The Entire financial transactions were deals with KVB, ICICI and the books of accounts
were duly audited by Mr.C.A.Selva Raj. The total capital employed was around 3 crores.
The company was excellent enough in performing several CSE initiatives. Few of
them were “Tree Plantation” in joining hands with “THALIRGAL”. Thalirgal is a plants
nursery in Selaiyur, Chennai. The Objective of this nursery is to plant 1 Crore trees in and
around Tamil nadu, to generate awareness among general public for hygienic environment as
well as to generate awareness among farmers regarding “Iyarkkai Vaellanmai”.
3.4 PRODUCTS
The main products manufactured by the concern were fruit juices and soft drinks in both
glass and PET bottles with wide flavours range from 200ml to 1500 ml. The products are
Mango
Clear Lemon
Cola
Apple
Lemon
Club Soda
Guava
Lemonade
Orange
Paneer Soda
Power Cola
3
CHAPTER II
4
CHAPTER III
INDUSTRY PROFILE
5.1 HISTORY
The first carbonated drink originated in 17th century. The first marketed soft drinks
in the western world appeared in the 17th century. They were made of water and lemon juice
sweetened with honey. In 1676, the compagnie des Lemonades’ of Paris was granted a
monopoly for the sales of lemonade soft drinks. Vendors carried tanks of lemonade on their
backs and dispensed cups of the soft drinks to thirsty Parisians.
In the late 18th century, scientists made important progress in replicating naturally
carbonated mineral waters. In 1767, Englishman Joseph first discovered a method of infusing
water with carbon di oxide to make carbonated water. When he suspended a bowl of distilled
water above a beer vat at a local brewery in Leeds, England. His invention of carbonated water
(also known as soda water) is the major and defining component of most soft drinks.
Priestley found that water treated in this manner had a pleasant taste, and he offered
it to friends as a refreshing drink. In 1772, Priestley published a paper entitled Impregnating
Water with fixed air in which he describes dripping oil of vitriol (or sulphuric acid as it is now
called onto chalk to produce carbon dioxide gas, and encouraging the gas to dissolve into an
agitated bowl of water.
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Another Englishman, John Mervin Nooth, improved Priestley’s design and sold his
apparatus for commercial use in pharmacies. Swedish chemist Torbern Bergman invented a
generating apparatus that made carbonated water from chalk by the use of sulphuric acid.
Bergman’s apparatus allowed imitation mineral water to be produced in large amounts.Swedish
Chemist Jons Jacob Berzelius started to add flavours (spices, juices and wine) to carbonated
water in the late eighteenth century.
Market research firm Zenith International estimates global per capita consumption
of functional beverages will increase 25% from 2010 to 2013, roughly from 5.5 litres per person
to 6.9 litres. Industry giants Coca Cola (www.coke.com) and pepsi (www.pepsico.com)
continue to diversify their portfolios, as evidenced with coke’s
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acquisitions involving Glaceau’s Vitamin water and its recent investment in Zico Coconut
Water.
Once you have identified beverage manufacturers that can support the filling
processes, packaging and closures required for your beverage product, the next important factor
to take into account is location. Choosing a beverage manufacture that is geographically
convenient for your distribution network is important. In some instances, there may not be a
contract manufacturing facility within your immediate geography. In this case, you will need
to find shipping companies and inventory options to transport and store your product. Sourcing
beverage manufacturing plants, solving logistics issues, identifying freight operators and
storage facilities are services Power Branks provides on a regular basis. We specialise in U.S
beverage manufacturing but also experience locating co-packers in international markets
should this be required for your project.
Every day Power Branks helps a broad range of clients, from individuals to
multinational companies, get into or succeed in the beverage business. From private label
beverages to the latest consumer trend, alcoholic beverages as well as soft drinks and functional
beverages, Power Brands has helped countless beverage companies breathe life into their ideas.
To be successful in the drink business we need a great idea and great execution.
It helps to have access to industry knowledge and expertise to help you avoid the common
pitfalls along the way that can cost you both time and money. Power Brands has an in-house
staff dedicated to making sure your drink business has every opportunity for success.
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value oriented brands which offer lower quality but better prices than “Name Brands”. This
perception has evolved over the years as private label offerings have significantly improved
in quality and consumer satisfaction.
Private label permeates virtually every beverage category in the United States.
Private label beverages also known as store or home brands, can now be found in the largest
and the smallest of beverage categories. Although carbonated soft drinks remain popular, as
the market has evolved and consumer tastes have shifted, retailers in private label have moved
into more non-carbonated products, like bottled water and fruit beverages, as chronicled in the
latest edition of Beverage Marketing Corporation’s Private Label Beverages and Contract
Packing in the U.S report.
Private label carbonated soft drinks, private label milk, private label bottled water
and private label juices are considered prime categories for private label beverages. Branded
products like coke, Pepsi and Dr. Pepper still dominate the industry, but the vast sizeof the
carbonated soft drink category has created an opportunity for private label brands, which are
typically purchased by value-conscious consumers. For the most part, the branded company
leaders have done an effective job at blunting further inroads of private label through strong
marketing of their products, gaining widespread distribution, and pricing their products so that
they are attractive to the mass market.
The Strength of brands like Coca-Cola, Pepsi, and Red Bull ensure that retailers
struggle to gain a strong foothold in the lucrative carbonated and energy drink sectors.
Additionally, the Higher Market share of flavoured milk brands compared to whole milk
highlights that any product category where companies have to concoct their own formulas to
create a unique taste, offers an advantage to national brands over private label. While
Consumers may not be as brand loyal 0with bottled water as they are with some other
categories, there are a wide number of branded waters that are experiencing solid success in
the market. The Success of brands varies by water type. Waters that often serve as substitutes
for tap water, such as so –called retail bulk water in large packages, tend to have the greatest
amount of private label. In 2007, 42.5% of retail bulk water sales in supermarkets were private
label.
Private label juice is solidly represented within the United States. The category
is more fragmented than other established categories, thus providing an opportunity for
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private label because consumers may be less brand-loyal. In 2007, 14.4% of shelf-stable fruit
beverage sales in supermarkets were accounted for by private label.
Once again, it is category segment that lacks significant differentiation that offers
solid returns for retailers. The branded leaders in the category have managed towithstand
private label by strong branding and marketing which in the bottled water sector, often revolves
around packaging that stands out and a promotional focus on the purity of theirproduct. It is
also notable that like milk, branded products have great strength in the flavouredwater sector.
A private label brand can help retailers take advantage of a robust industry segment with a high
quality product that suits its customers’ needs.
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colours, Nutraceuticals, botanicals, preservatives and many other types of beverage
ingredients. A trained professional should always under take this process.
Beverage flavours can be very volatile and its important to understand how they
will react in different bases. Nutraceuticals, which are now a very important part of beverage
formulation, are also very unstable if used incorrectly, it is important to know how each one
will react to other ingredients. Making sure the shelf life is sufficient to sustain a profitable
supply chain is also a very important factor hence the importance of understanding the
preservative process. There are obviously many other factors involved in beverage formulation.
A Flavour Enhancer is an ingredient that has little or no taste or smell on its own
in a standard dose, but which can compliment enhance, r otherwise modify the flavour
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of a beverage. This may take the form of a flavour modifier or a flavour potentiator. Flavour
Modifier is a substance that enhances suppresses or otherwise changes a drinks flavour’s
Flavour Potentiate can increase the perceived intensity of the flavour of another substance.
Flavouring Oils can be used to achieve a pleasing and authentic fruit flavour in
a water- based beverage, manufactures often use flavouring oils derived from citrus fruits such
as oranges, lemons or limes. Theses flavouring oils are very concentrated, and must be balanced
out with sweeteners before they are palatable. Masking agents can be added to hide an off-taste
in products that can often include ingredients such as soy, vitamins, herbs or a number of
Nutraceuticals ingredients. Flavour modifying agents can be used to make unusualingredients
palatable-removing bitterness, for Example. With Myriad beverage flavour options it is very
important to work with an experienced team of beverage experts.
Other key considerations are the contract manufacturing fees charged by the
beverage production company to run your product and the geographic location of the facility.
If you wish to distribute your brand in the Northeast but the only facility that can run your
product is located in Southern California, then you need to account for the freight expense of
raw materials as well as finished product.
Owing beverage equipment does play a very important role in the success of
many beverage companies but it’s the type of company and the stage that the company is in
that must be looked at very carefully, Beverage equipment is very expensive at the best of times
and downright outrageous sometimes, costing millions of dollars for vey basic beverage
equipment. It is so expensive because it is highly specialized and also because high quality
beverage equipment is built to last under extremely demanding conditions. Many beverage
facilities will run 24 hours a day 7 days a week and this puts tremendous strain on the beverage
equipment.
Along with the cost of the beverage equipment there are the installation costs as
well as the costs of owning or renting the large facilities that will house all of your beverage
equipment. For most beverage brands it makes much more sense to start their beverage
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brands first and create a decent revenue stream before considering buying beverage equipment.
There are many contract manufacturers that can produce your new beverage brand
for you at reasonable price while you build your business. Power Brands utilizes these types of
companies to manufacture beverages all across North America, Europe, Asia and other parts
of the world.
Food and beverage development is the innovative engine which fuels category
growth and ensures manufacturers are responsive to consumer needs and provide products that
must meet these needs. Beverage developers looking to succeed in the beverage industry will
need to focus their efforts on distinguishing their product from existing category offerings. The
most important thing to consider when you are thinking about developing a beverage is creating
an identity, also known as a branding. Before you start creating your brand you need to identify
your target demographic. Once you know who you are looking to target you will be able to
better develop a beverage that will connect and speak to consumers in your target demographic.
Your target demographic may dictate everything from design to flavour. Understanding who
you are selling to is the first step in successful beverage development. Once you have a target
demographic you will essentially build your brand around your target. For many people food
and beverage development and branding can be an elusive field but it can be an essential part
of beverage development and marketing.
5.6.2 BRANDING
To develop a beverage the company need to not only create a flavour and a name
you need to create a brand, a brand that connects with their target demographic. Once the
company have come up with their branding, their product’s personality, and think of some
things that would be in alignment with their products personality. Conversely also consider
what might be out of character for their brand, in other words what wouldn’t it do. Once they
have decided on their brands personality, promote it and never waiver from their core.
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5.6.3 COLOR
Choose colours that communicate the benefits of your brand. In Example, if your brand
is natural or organic you may want to feature shades of green and earth tones; if your brand is
energizing you may want to feature bold bright colours; if your brand has a berry flavour use
colours that people associate with berry. Colour is not only an effective way to setyour product
apart from the completion but also a way to communicate your brand’s benefits.
5.6.4 SHAPE
Uniquely shaped beverage packaging is a great way to have your brand stand apart from
the competition. Packaging with a distinct shape has a certain quality that makes you want to
pick it up and play with it.
5.6.5 ARTWORK
Power Brands employs a full time beverage package design team with the expertise
needed to create high quality designs that are eye catching and will engage consumers. We can
help you develop a unique and memorable brand with a package that sets your beverage apart.
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Public relations efforts, Radio or television campaigns, print ads, internet activation and co-
marketing efforts. Consumer marketing strategies and tactics are often perceived as the“Core”
part of brand management and many entrepreneurs and small companies are eager to allocate
funds in this area. New brand owners will often find themselves inundated withoffers and
opportunities from vendors looking for promotional dollars. As a brand owner you must be able
to evaluate these opportunities and determine which are good investments of marketing dollars
are and which are wasteful.
Beverage marketing to the retail trade, as opposed to the end consumer, is the
essence of channel marketing. This is an often overlooked or under-prioritized part of a
company’s beverage marketing strategy. Channel marketing is important as it can strengthen
a beverage brand’s relationship with key retail partners. An effective channel marketing
campaign can ensure a brand benefits from incremental merchandising activity and in-store
awareness, reaching consumers where it matters most: when they are in a position to purchase
the beverage.
Clearly structured and practised corporate governance forms the basis of all our
decision and control processes and thus enjoys the highest priority. It represents the long-term
and success-oriented management and control of our company by assuming responsibility and
respecting our company values. These values are firmly anchored in our fundamentals which
constitute the guideline of our daily work and which form the basis for our personnel
management.
We are fully aware of the impact of our decision and therefore act responsibly,
transparently and with sustainability in mind. Dealing with risks is appropriate and always in
the interest of the company. A Targeted and efficient co-operation between Supervisory Board
and Executive Board is part of our corporate governance.
The Supervisory Board advises and monitors the Executive Board in the
management of the business and is constantly informed by the Executive Board on issues
involved in business development. The five members of the supervisory Board are made up
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of members of the owner family and in the majority of experienced personalities from industry
and commerce. The interests of the company are clearly the focus of the control and monitoring
activities by the Supervisory Board.
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CHAPTER IV
ORGANISATIONAL CHART
MANAGING
DIRECTOR
GENERAL
MANAGER
ASSISTANT WORKERS
REQUISITION ASSISTANT DRIVERS
SALES CHIEF
OFFICER ANALYST
MANAGER ACCOUNT
ANT
HELPERS
SUPERVISOR SALES
OFFICER
CLERKS
TECHNICIAN
& DISTRIBUTOR
OPERATORS
WORKERS STORE
KEEPER
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CHAPTER V
FUNCTIONAL DEPARTMENTS
6.3.2.1 HR Department
6.3.2.2 MARKETING Department
6.3.2.3 PRODUCTION Department
6.3.2.4 FINANCE Department
6.3.2.5 R & D Department
6.3.2.6 DESPATCH Department
The company was registered under factories act 1881 to provide health and
safety measures to workers. It was passed with the intention of safeguarding the health of
workers. It extended the age limits for the medical examination of persons entering factory
employment, while also including male workers in the regulations for providing seats and
issuing extensive new building regulations with good infrastructure and recreational facilities.
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5.1.2 HUMAN RESOURCE DEPARTMENT CARRIES OUT THE
FOLLOWING FUNCTIONS
It involves the planning for the future and finding out how many employees
will be needed in the future by the business and what types of skills should they possess.
HR Department is also involved in designing the job analysis and job description
for the prospective vacancies. A Job Analysis is the process used to collect information about
the duties, responsibilities, necessary skills, outcomes, and work environment of a particular
job. Job Description are written statements that describe the
Duties
Responsibilities
Most important contributions and outcomes needed from a position,
Required qualification of candidates and
Reporting relationship and co-workers of a particular job.
One of the most important jobs HR departments is to recruit the best people for
the organisation. This is of crucial importance as the success of any organisation depends on
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the quality of its workforce. Details regarding the recruitment and selection procedure can be
found here.
Once the employees are recruited, the HR Department has to review their
performance on a regular basis through proper performance appraisals.
HR Department is the link between the workers and the management. Employee’s
grievances related work environment are usually entertained and resolved by the HR
Department.
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9.) LABOUR MANAGEMENT RELATIONS
HR Department has to co-ordinate with line manager and sees that organizational
policies are being implemented in a proper manner. Disciplinary action can be initiated against
employees who are not following organizational rules and regulations. All these actions are
conceived and implemented by the HR Department.
HR Department has to take firm actions against employees who are not following the
organizational code of conduct, rules and regulations. This can result in the dismissal of the
employee.
Sometimes, an organisation may no more require the service of an employee. The Employee
may be made redundant. HR Department has to see that organizational and government
regulations are being followed in this process.
Marketing is the management process through which goods and services move
from concept to the customer. Marketing department was under the direct control of director.
Products marketed only to four states. Separate ASM (Area Sales Manager) has been
functioning in each states whose main function is to expand distributors network. Andhra was
No. 1 in beverage consumption. No other promotional methods were followed by the company
and its targets mainly on rural market. Standard pricing strategy has been adapted and there
have been no credit policies.
Functions of marketing include the co-ordination of four elements called 4 P’s of marketing:
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Selection of a distribution channel to reach the customer’s place and
Development and Implementation of a promotional strategy
Director has a good knowledge of the customer. This means they build up an
accurate picture using the resources that are available. Directors gather information from
questionnaires, focus groups, the internet, interviews, buying habits and many more sources.
Gut feel can only take their business so far. The marketing mix includes all tangible elements
that allow marketing the soft drinks. This includes facilities, their employees, the product itself,
the cost strategy, the process of selling and how they promote and advertise. This extent the
marketing manager gets involved in these elements. A product focused organisation will
probably start with an idea for a new product, then try and determine who is likely to buy it. A
marketing focused business starts with the consumer and tried to figure out what they want to
buy. Some product focused businesses are very successful but it is generally accepted that a
marketing focus provides a greater chance of success. This companyfocused on both aspects
and created better chance of success.
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The company also underwent promotional activities of exhibiting their products in several
trade fairs.
The company follows Continuous production system and the Machineries are
capital intensive with the capacity of 650 bottles per minute. Raw materials are purchased only
for cash. Machinery maintenance has been done once in a week by technicians and operators.
Random check was done in order to test quality. Special ETP tank has been constructed for
pollution control. The company has an expanded its production unit in Andhra Pradesh
(Chittoor).
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5.3.1 RAW MATERIAL REQUIREMENT AND SOURCE OF
PURCHASE
Apple Shimla
Flavours Bangalore
CO2 Coimbatore
A Soft drink is a beverage that typically contains carbonated water, a sweetener and
flavouring. The Sweetener may be sugar, high-fructose corn syrup, fruit juice, sugar substitutes
(in case of diet drinks) or some combination of these. Soft drinks may also containcaffeine,
colourings, preservatives and other ingredients.
Soft drinks are called “Soft” in contrast to “hard drinks” (alcoholic beverages). Small
amounts of alcohol may be present in a soft drink, but the alcohol content must be less than
0.55 of the total volume. Soft drinks may be served chilled or at room temperature.
Beverage canning typically starts with water being treated and cleaned to meet exacting quality-
control standards, usually exceeding the quality of the local water supply. This process is critical
to achieving a high quality beverage with a consistent taste profiles. The treated wateris piped
into stainless-steel tanks of different sizes.
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In the next stage various ingredients are added and mixed in batching tanks, these
are smaller holding tanks used to make syrup. The syrup can include ingredients such asliquid
sugars like fructose or sucrose, non-nutritive sweeteners such as aspartame or saccharin, colour,
flavours, Nutraceuticals, preservatives as well as a host of other ingredientsoptions. Once the
syrup is ready it is pumped into much larger tanks where it is mixed with more water to create
a finished solution ready for packing.
The Filling Room usually is separated from the rest of the facility, protecting
open product from any possible contaminants. This highly automated filling operation requires
a minimal number of personnel. Filling room operators monitor the equipment for efficiency
and adding any components that are needed during this beverage canning process. Empty
beverage vans are transported automatically to the filling machine via bulk material- handling
equipment.
Once all of the beverage cans are filled they are automatically packed into trays
and then shrink wrapped. This finished case of beverage cans is them placed onto pallets by a
palletizer and wrapped with plastic wrap ready for shipping.
The Mixture of sugar, flavourings, essences and water is called syrup. Syrup
clarification will retain particles and crystals from your syrup.
Water accounts for the largest portion of your beverage and needs to be safe. The
Prefilteration phase plays a key role in your process – protecting the final filter, ensuring the
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long life and good economics of your filter train and reducing the initial bio burden. Final
Filtrations removes micro-organisms such as bacteria, mould, yeast and protozoa to achieve
the required contaminant – free water quality.
3.) CARBONATION
Carbonation is the step of adding carbon – di –oxide to a drink. The CO 2 that you
inject into your beverage must be free of particles and micro – organisms. Non – carbonated
drinks do not include the carbonization step.
4.) PASTEURIZATION
The air used in the bottle blower to turn the pre-forms into the final PET bottle
must be free of contaminants; its filtration ensures a bottle with low bio burden is produced.
Bottle blowing can be done in any beverage process using PET bottles.
Just as the air used in the bottle blower must be free of contaminants, the water
used to rinse the bottles must also be free of contaminants; its filtration ensures good quality of
the bottles prior to filling. A safe and reliable container is essential to maintain the quality and
shelf life of your drink. Most single serve size beverage bottles sold in the United States are
made from POLYETHYLENE TEREPHTHALATE (PET). PET has become thematerial
of choice for beverage bottles because it is inexpensive, lightweight and shatter resistant. PET
bottles have been extensively tested for safety over many years and there is no
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conclusive evidence that there is any harm in drinking from a properly produced plastic
beverage bottle. Beverage bottles made with PET are widely used for everything from water
and fruit juice to soft drinks and even beer companies use PET Bottles. Over all plastic beverage
bottles are the most used type of bottle globally. Plastic bottles can be easily used forstorage
and transportation purposes for liquids, grains, cereals etc. Plastic bottles can be solid or
diffused colours or transparent. Plastic bottles are available in various shapes and sizes andthey
can be easily recycled if handled responsibly.
GLASS BOTTLES
Have a significant shelf impact which can be enhanced by their shape and
decorative treatments. Glass beverage bottles can be manufactured with very elaborate designs
and because of this they are often the packaging that makes the biggest impact on the consumer.
A glass beverage bottle is very appealing to the eye and the feel of the glass beverage bottle
appeals to the consumer’s tactical senses. In a highly competitive market place only glass
provides such a wide spectrum of options to help manufacturers differentiate their products
from the crowd. Glass beverage bottles convey a premium appeal. However allof these positive
attributes have to be weighed against the higher cost of this type of beveragebottle.
Gas filtration can also be used during the filling process of carbonated drinks. In
order for the filling to be possible, the filler bowl must be pressurized and the gas used must be
microbiologically stable. Finally the after filling the bottles are moved to despatch.
The Following Flow Diagram clearly depicts the production of soft drink.
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Fig 5.3 Production Flow
Finance Department is the part of an organisation that manages its money. The
business functions of a finance department typically include planning, organising, auditing,
accounting for and controlling its company’s finances. The finance department also usually
produces the company’s financial statements. Accounting system was entirely computerized.
All the transactions are duly entered in books of accounts by accountants. Books maintained
are
Bank Book
Cash Book
Journal
Ledger
Purchase Register
Sales Register
Stock Register
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transmitted electronically with digital signature and it was digitally signed by the director in
every assessment year
Finance department takes responsibility for organising the financial and accounting
affairs including the preparation and presentation of appropriate accounts and the provision of
financial information for managers.
Keeping records of the purchases and sales made by a business as well as capital
spending. These records today are typically kept on computer files. But they still use the term
ledger entries to refer to the days when all financial transactions were carefully recorded in
thick books (Ledgers).
Financial statements are produced at given time intervals, here at the end of each
financial year. Trial balances are extracted from the ledger entries and Balance Sheet is created
showing the assets and liabilities of a business at the year end. In addition, records of purchases
and sales are totalled up to create a Profit & Loss (P&L) accounts.
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5.5.1 WIDE RANGE OF ON-GOING BEVERAGE INNOVATIONS
Healthier Products
Functional drinks
Low Calorie Beverages
New Tastes / Flavours
New Textures
Interesting new mixes
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CHAPTER VI
SWOT ANALYSIS
STRENGTHS:
Loyal Customers
Strong in their target Market
Support of Channel Members
WEAKNESS:
OPPORTUNITIES:
THREATS:
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CHAPTER VII
FINDINGS
31
CHAPTER VIII
CONCLUSION
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CHAPTER IX
BIBILOGRAPHY
www.podaranfoods.in
www.podaranfoods.tradeindia.com
https://www.britannica.com/topic/soft-drink
www.niir.org/information/content.phtml?content=184
www.madehow.com/Volume-2/index.html
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