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A STUDY ON CUSTOMER SATISFACTION
TOWARD CEMENT INDUSTRY
Field study work is a part of management studies which is very important for
every student. The purpose of the study is to enhance the knowledge and skills
of the student and generate scope for the implementation of our acquired skills
and knowledge during our BBA course. It also helps to acclimatize the student
to the organization and the industry in which the organization works and gain
knowledge of the happenings in the business world.
This study has helped us a lot in sharpening our knowledge and also made us
aware of the happenings in the business world.
The main objective of this study is to understand the market by analyzing the
inclination of Indian consumers toward Foreign and Indian brands.
The project was carried out in the Kanpur region. As my task subject
recommends, I have attempted to figure out consumer loyalty with cement the
adjustment of cost or improvement like the cement, and so on. The nature of the
cement and for this reason individuals from various were picked like general
clients, vendors, mass purchasers, and so on have utilized polls and other logical
devices like individual Meetings and telephonic meetings to be aware of the
client state of mind and the I have additionally attempted to find the market
capability of Cement in Kanpur for this I had directed statistical surveying in
various pieces of Kanpur For this I met various sellers, retailers and as well as
modern mass providers In various pieces of the Kanpur.
This study incorporates direct collaboration with the clients and this assists us
with knowing the "Fulfillment LEVEL" with extraordinary exactness. This is
critical to the organization which will be familiar with the client's inclination to
purchase a specific brand.
It will acquire data about the client's inclinations relying upon the
accompanying variables:-
● Price factor
● Attractive packaging
I glorify the almighty God for the strength, wisdom, courage, and inspiration
throughout the period of my studies.
Above all, I would like to thank my classmates and friends for their support.
This report is a result of my sincere endeavors and the direction and moral help
given by the administration of PSIT COLLEGE OFF HIGHER EDUCATION.
TABLE OF CONTENT
DECLARATION
PREFACE
ACKNOWLEDGEMENT
INTRODUCTION
INDIAN CONSUMER MARKET & COMPANY PROFILE
LITERATURE REVIEW
OBJECTIVE OF STUDY
SIGNIFICANCE OF STUDY
RESEARCH METHODOLOGY
DATA ANALYSIS
FINDING
RECOMMENDATION
LIMITATION
CONCLUSION
REFERENCE
ANNEXURE (QUESTIONNAIRE)
ABSTRACT
Customer satisfaction indicates that you have had enough in a positive way.
When a customer is satisfied by a product or service, it means that a particular
product or service has fulfilled its consumer’s needs or expectations. Cochran
200 defines customer satisfaction as “customer satisfaction can mean virtually
anything.” It involves a lot of variables such as price, lead time, conformance,
responsiveness, reliability, and so on, and sometimes can blend these elements.
It can from vary industry to industry and service to service and the elements can
have importance individually. The variables are what customer thinks about the
product or service Organization 6 can control the elements of the product or
service they provide, like the quality, the attitude of the tallest person, and the
knowledge of the service person. The organization cannot control the business
environment but it can control the elements stated above. The organization
cannot control the perception of the customer whether it is based on fantasy or
unreal. However, the perception of the customer is of the organization. Vavra
1997 defines customer satisfaction in two ways, one is outcome and another
processes. The outcomes are the results of the consumption experience and the
process is the perception, evaluation, and physical process that leads a customer
to satisfaction.
As per creative administrative patterns, since the clients are the main cause of
profit from speculation (return on initial capital investment), consumer loyalty
is a reasonable norm of execution in each business. In the new progressive
world, keeping the client and keeping up with steadfastness needs extraordinary
exertion. A greater part of business associations miss their clients just because
they overlook the creative strategies for client connections
In the present market, there is fierce opposition and innovation is changing step
by step, to find lasting success in the advanced market, the business must be
client-situated and the business needs to manage client creation.
Data about the market is gathered through clients who visit the market. During
the undertaking, an endeavor was made to get the right data from clients on the
lookout. After point-by-point data available examination to be directed has been
accumulated, the discoveries and consequences of the plan work are accounted
for later in the exploration report.
Previously, we just had one cement, standard Portland cement. The presence of
enormous amounts of fly debris in thermoelectric power plants and slag in steel
processes thus prompted the development of pozzolanic endless cement slag to
save energy in cement creation and utilize accessible results. India was maybe
one of a handful of the nations that generally in 1982 created up to 76% of the
complete volume of cement delivered as blended cement, which is the normal
name for pozzolanic cement, as well as slag cement. From that point forward,
the business went under the control of the Cement Regulator. After sterilization,
the creation of common Portland cement expanded, and subsequently, the
portion of blended cement diminished, right now being around 30%.
The presentation of pre-assembled/prestressed railroad sleepers required the
creation of a unique level of ordinary Portland cement, as it was unrealistic to
get the ideal strength and level of care for lower creation with the cement
accessible at that point. The cement business is permitted to deliver
conventional Portland cement of unique quality and is for the most part known
as bed cement.
These higher cement grades are uncommonly intended to address the issues of
long-range spans, elevated structures, and other colossal designs that require
great cement. With the cement accessible around then, planning a blend for
substantial class 4.5 and higher, normally utilized in this sort of structure was
truly challenging. In this way, customary Portland cement
After the total progression of the cement business in 1989 and the nullification
of the authorizing framework for setting up cement processing plants in 1992,
cement creation has encountered exceptional development. As cement creation
increases, cement makers have embraced forceful advertising procedures to
feature their items as the best. Producers of grade 53 cement have vanquished
the market and made the impression among buyers that OPC grade 53 can be
utilized by them as it is the best cement and grade 33 and 43 cement are second
rate.
Even though grade 53 concrete is best for assembling grade 53 and higher
concrete, it ought not to be utilized in overall designs where grade 20 concrete
is typically adequate.
Complete expulsion of control and rivalry among makers and market influences
has to a great extent disposed of 33 assortments available. It could be important
to present fractional guidelines or self-control among concrete makers to deliver
no less than 1/3 of OPC concrete in grade 33 concrete 1/3 of the accompanying
in grade 43 concrete and the 1/3 concrete excess in grade 53 concrete and
somewhat manage the cost of these 3 grades so that grade 33 concrete opens up
on the lookout for the overall population.
Albeit initially presented for energy reserve funds in concrete plants and the
utilization of accessible modern side-effects, examination, and experience have
shown that blended commencement a more extended period of usability than
high higher-grade.
Blended concrete doesn't acquire strength right away or create heat as OPC.
Consequently, a typical conviction blended concrete is sub-par concrete. This
isn't true. There is no question that the strength rate is delayed on account of
blended concrete. Be that as it may, eventually, over the long haul, it gets a
similar strength as any OPC. Blended concretes provide better solace in new
concrete, and in the solidifying stage, they provide better toughness. The
customer ought to be appropriately educated about the advantages of blended
concrete. Developers' hesitance to change to blended concrete is somewhat
legitimate because numerous manufacturers had to utilize PPC when PPC
creation arrived at 76% during the control days.
Regrettably, they viewed the formwork required as put away anymore, and at
times the nature of PPC was sketchy because the debris blended in with PPC
was of shifting quality. Yet, recently, the decision of Puzolan material has
become more thorough and the nature of the blended concrete is more steady.
Developers can dispose of recollections of the past and begin utilizing blended
concrete. The development of mixed concrete can fundamentally save energy
and item costs. Hence, the business needs to give advantages to the customers
of blended concrete.
To put it plainly, each concrete plays a part and there is not a great explanation
to accept that one concrete is better compared to another. for a characteristic
design. Class 33 OPC or PPC concrete can meet the necessities. For the
development of quality concrete, blends should be planned to utilize OPC along
with cementitious materials, concrete synthetic compounds, and in some cases
different fillers and even thickness specialists.
A few kinds of cement are consistently popular in the market. It's smart to
investigate a portion of the subtleties beneath to know the elements and regions
you want the most.
Portland impact heater slag cement (PBFSC): The pace of the intensity of
hydration is lower in this kind of cement contrasted with PPC. It is
exceptionally valuable in huge development projects, like dams.
Quick Setting Portland Cement: The surface of this kind of cement is the same
as that of OPC. Notwithstanding, it is somewhat more slender than OPC and has
high compressive strength, which makes projecting simpler.
Oil well cement: made out of iron, coke, limestone, and scrap iron. Oil well
cement is utilized for the development or fixing of oil wells. This applies to
seaward and inland wells.
Clinker cement: Clinker cement, delivered at a temperature of approx. 1400 to
1450 degrees Celsius, is expected for the development of edifices, houses, and
extensions. The elements for making this cement incorporate iron, quartz, dirt,
limestone, and bauxite.
White Cement: This is a typical sort of Portland cement. Elements for this
cement incorporate clinker, fuel oil, and iron oxide. To keep up with whiteness,
the iron oxide content is kept below 0.4%. White cement is broadly used to
expand the tasteful worth of structures. Ideally for tile and floor work. This
cement costs more than dark cement.
There are five main impetuses of rivalry in the cement business. Watchman
(1979) recommends (Figure underneath) that when powers are all in all frail,
there is a once-in-a-lifetime chance for prevalent execution. Hence, it very well
may be presumed that the cement business is ugly in mature business sectors yet
alluring in developing business sectors
LOGISTICS ISSUE
In addition to strong demand, the eastern and northern regions saw rising prices
due to wagon inaccessibility and logistical issues, while demand in the southern
regions remained weak. and west, reducing government spending on
infrastructure. Capacity utilization remained high as new capacity utilization did
not fully stabilize; when this occurs, we can expect a decline in capacity
utilization and, as a result, an impact on pricing and margins. Cement
production is capital and energy-intensive, whereas cement freight
transportation is limited in this region due to its low value for money. The
supply chain for functional products should be efficient, whereas the supply
chain for innovative products should be flexible.
At the point when laid out its most memorable plant in 1986, the time
considered for plant establishment was 3 years. did it in under 2 years and with
significantly less speculation. In 1993, the organization went above and beyond
and worked on its record. The second plant was introduced in only 13 months -
the quickest time to set up a 1 million tons concrete plant.
In the mid-1990s, practically all concrete in India was shipped by rail or street
and in sacks. This strategy prompts a crumbling of both the quality and the
volume of the concrete. In 1993, Concrete laid out a total framework for the
transportation of mass concrete via ocean. It has turned into the principal Indian
organization to transport concrete via the ocean. Others followed, and today
around 10% of the concrete is shipped by this new course.
The office incorporates a devoted port at Gujarat established that can oblige
40,000 dwt ships, three bundling terminals in Mumbai, Surat, and Sri Lanka,
and seven committed concrete transporters. This capacity has permitted us to
supply new concrete to numerous seaside, domestic, and worldwide business
sectors.
Commodity branding
Cement is a valuable commodity that commands high prices. Cement was the
first company to develop a cement brand and win an award for it.
He was also the first to establish special cells that offer technical assistance to
customers and masons. It is now the industry standard in cement marketing.
Export
It was possible for two reasons: 1. The cement quality is among the best in the
world.
Environment
It was long thought that cement plants could not thrive at the expense of the
environment. As a result, we adhere to the most stringent international
environmental regulations. Pollution levels at all of its cement plants are even
lower than the stringent Swiss standards of 100 mg/Nm3. A surface excavator is
used to scrape the surface of a mine at the Gujarat factory.
The Cement Foundation was established in 1991 by the company to promote the
development of people in the vicinity of its cement plants. The foundation chose
the difficult but more fruitful path of assisting people in assisting themselves.
The foundation encouraged the local population to participate in and take
responsibility for its development process with great commitment and
dedication. He evolved into an intermediary and catalyst rather than a one-time
lender. Create easily replicable and long-lasting modules for water
management, sustainable agriculture, and healthcare. All of these efforts to
fulfill this social responsibility have garnered corporate recognition across Asia.
Milestones
The kilometer-long conveyor belt that spans three slopes was constructed in just
nine months.
The Prime Minister of India presented the National Award for Commitment to
Quality. The Prime Minister of India bestowed the National Award for
Excellent Pollution Control. Best Export Award TERI CAPEXIL Eco-Gold Star
Award
Technical details
EXPORT
Indian cement exports have increased over the years, owing largely to
Decontrol, which provided the industry with a much-needed boost. Because
they rely on industrial, real estate, and construction operations, execution
requests are derived requests. Cement exports from India are increasing as these
sectors develop globally. Due to its local advantages, large-scale limestone and
coal deposits, ability to supply cement, and production of quality cement using
cutting-edge technologies, India has enormous potential to enter the cement
markets of the Middle East and Southeast Asian countries. As a result,
businesses in this sector are taking advantage of government opportunities as
well as favorable economic conditions. This is reflected in the data, which
shows a negative ACG R of -5.52 % in the control period high-security markets.
During the period, the average export volume was only 1.7 million tonnes of
cement. Cement exports increased rapidly as industries deregulated and the
economy opened up.
PER CAPITA CONSUMPTION
When compared to China's 660 kg or more and the global average of 350 kg or
more, China's 2012–13 per capita consumption of 125 kg is not impressive.
Similar to this, it is 631 kg per person in Japan and 447 kg per person in France.
The long-term enormous expansion potential of the Indian cement industry is
highlighted by the pursuit of global averages. Additionally, the low cement
consumption per capita is another factor contributing to India's keen interest in
foreign competitors.
PRODUCT DIFFERENTIATION
Depending on the specific end uses, India produces a variety of cement types
with various compositions, including simple Portland cement (OPC), Portland
Pozzolana cement (PPC), Portland furnace impact cement (PBFS), Portland
cement for oil wells, rapid hardening of Portland cement, sulfate-resistant
Portland cement, and white cement, among others. The amount of clinker used
makes the biggest difference. The quality of these several types of cement,
which are produced strictly under BIS (International Standards Bureau) criteria,
is on par with the best in the world.
Superior cement grades have been introduced, which is one of the major
advancements in the post-control era's increasingly competitive environment.
The rating is for standard Portland cement's 28-day compressive strength. when
evaluated under Indian norms and under normal circumstances
The OPC is divided into three grades: OPC-33 grade, OPC-43 grade, and OPC
grade 53. However, consumer awareness as a whole is rising quickly. Strength
is less significant than durability qualities.
COMPANY PROFILES
● Revenue: Rs 26,646 Cr
● Employees: 5180
Strengths:
We believe this reflects strong demand in the Kanpur area. For cement products
on delivery, moreover, based on the increase in capacity announced by cement
producers. We expect the Kanpur cement plants to continue to operate with a
high level of utilization, and we expect that the demand for our cement products
will continue in the short and medium term. We believe we are well positioned
to capitalize on this demand as the fourth cement producer in the Kanpur region.
Strong brand and product quality:
We believe that brand and reputation are the keys to cement retail in India.
We have built a good reputation among cement buyers with a consistent supply
of high-quality products. We believe that our Ambuja cement brand enjoys a
high Customer awareness.
We believe that our brand and reputation for consistently delivering high-
quality products give us a competitive advantage by ensuring that cement
distributors deliver our products.
Weakness:
It has its mine reserves but must continue to renew the lease otherwise will not
have the means of production at the main production site.
Opportunities:
State and central government rural projects, such as dams and bridges, can be a
great opportunity for the company. The
company is part of the respectable and huge Ambuja group. Thus, it can expand
its market overseas by leveraging its brand influence.
It has first-class real estate Opp first-class due to the rise of related projects.
Indian infrastructure sees a double. Therefore, there are also many opportunities
in the relevant sector.
Threats:
Production costs are high. Therefore, the company must reduce production
costs, as well as focus on advertising schemes.
The presence of other major players in the Kanpur area threatens the company.
Rising prices for new materials also pose a threat to the company.
Segmentation:
Pricing Strategy:
Before setting the price for a cement company, consider the following: -
Cost Factor:
Manufacturing Costs
Transport Costs
Presentation
MARKETING STRATEGY:
The company conducts market research to identify the market and customer
feedback, the company's position in the market, etc. It is a research and
development department that constantly strives to improve product quality and
meet customer needs at a minimal cost.
The company constantly monitors the activities and offers of competitors, such
as various promotional plans, product prices, etc. He also took the right steps by
the company
Distribution Strategy:
The company distributes cement the company owns. - Directly to the buyer
Depot
1. All sellers
2. Dealer
3. Sale by tender
5. Upload wagon
The company also conducts surveys to motivate sub-seller unsub sellers and
programmers. The company takes the profile of traders and gives them
representatives only in a certain area where the company does not have an
existing trader.
Marketing strategy:
The largest producer of white cement, ready-mix cement (RMC), and grey
cement in India is UltraTech Cement Ltd. Additionally, it is among the top
cement producers worldwide. The largest of India's top 5 cement manufacturers
is Ultratech. The Aditya Birla Group owns Grasim Industries, a subsidiary of
which is Ultra Tech.
The company's annual production capacity for grey cement is 102.75 million
tonnes per annum (MTPA). Twenty integrated plants, one clinker station plant,
26 grinding units, and seven bulk terminals make up UltraTech Cement. The top
cement brand.
UltraTech sells products in the white cement industry under the Birla White
brand. It is white.
ACC Ltd
6731 employees
6% market share
Rs 12,555 Cr in revenue
● Workers: 6,299
Emerged with a Public Issue in the year 1984. Recorded on Public Stock Trade
("NSE") and Bombay Stock Trade ("BSE"). The absolute no of workers in 1985
was around 100. The absolute No. of Workers as on 31st Walk 2017 was 6299.
It is on the list of top 5 cement organizations in India.
India cement Ltd was established in the year 1946 by two men, Shri S N
Sankaralinga Iyer and Sri T S Narayanaswami. They had the vision to rouse
dreams for a modern India, the capacity to make an interpretation of those
fantasies into the real world, and the capacity to construct persevering through
connections and what's to come.
Rs 5,770 Cr in revenue
● Representatives: 4300
Rs 5,310 Cr in revenue
● Representatives: 3034
Laid out in 1979, Situate Cement was previously, a piece of Situate Paper and
Businesses. It was demerged in the year 2012 and from that point forward, it
has arisen as one of the quickest developing and driving cement producers in
India.
Rs 2,570 Cr in revenue
● Creation limit: 8 MTPA
● Representatives: 1500
Rs 2,182 Cr in revenue
● Representatives: 1100
Agent satisfaction begins with the following specific assumptions about the
firm's customer relationship.
Retailer needs and values should influence all aspects of organizational strategy,
employee safety and performance, product and organizational strategy,
employee safety and performance, development of products and services, sales
and marketing programs, operating procedures, and measurement information
and system. Understanding distributer is critical to the success of your
customer-centric initiatives.
An organization needs to hear what its sellers need to say regarding its kin, item
administrations, and vision. Your data assists with creating significant items and
administrations.
Today, the assistance will most likely likewise be keen on every one of the
clues that accompany the item.
Seller fulfillment relies upon powerful help. Be that as it may, the arrangement
of this help is a nonstop movement. This implies being proficient, solid, polite,
straightforward, and proficient like clockwork.
Diane Halstead (1993) studies the focus of dissatisfied car owners. Examines
the role of vehicle warranty and after-sales service received during the
complaint process about their impact on customer satisfaction with the
resolution of the complaint. Here are some suggestions on customer service
policies, claims management, and warranty procedures.
James Y.L. Thong (2006) investigated the effect of post-adoption beliefs on the
model for confirming expectations for tracking information technology. The
Information Technology Expectancy Confirmation (ECM) model is a model for
studying the behavior of continuous use of information technology (IT). This
article presents a study that aims to expand the group of beliefs after
implementation in the ECM to expand the application of the ECM beyond the
instrumental focus. An enhanced ECM that combines post-applied belief with
benefits. the perception of pleasure and the perception of ease of use It was
verified empirically based on data collected from
online surveys of 811 existing users of existing mobile internet services. Data
analysis showed that the extended CM had good explanatory capacity (R2
57.6% intention to continue using IT and R2 67.8% satisfaction), and all
pathways were supported. Thus, advanced ECM can provide additional
information needed to understand the future use of IT.
Claes Fornell (1992) examined how many individual companies and certain
industries continuously monitor customer satisfaction. But Sweden is the first
country to do so. National level. The Annual Customer Satisfaction Barometer
(CSB) measures customer satisfaction for over 30 industries and over 100
companies. The new index is intended to increase the effectiveness of the
measures. While production capacity mainly reflects product quantity, CSB
measures product quality (as customer experience). The author reports the
results of a large-scale Swedish effort to measure the quality of the overall
consumption process as customer satisfaction. The importance of customer
satisfaction and its place in the company's overall strategy is discussed. A
consequence of examining the relationship between market share and customer
satisfaction with a placement model is that satisfaction should be lower in
sectors where supply is homogeneous and demand is heterogeneous.
Satisfaction should be greater when variability/harmony of demand matches
supply. Empirical support for this proposition is found in both monopolistic and
competitive market structures. Similarly, it has been found that industries
generally have high levels of customer satisfaction when they rely heavily on
recurring business satisfaction. The reverse is true in industries where firms
have more enslaved markets. For Sweden, the 1991 results showed a slight
increase in CSB, which should have a positive impact on the general economic
environment.
A customer is someone you have satisfied or who needs a refund. The payment
can be money, it can be time, or goodwill, but there is some form of payment.
Satisfaction is the level of a person's perceived state when comparing perceived
products about expectations.
●
RESEARCH METHODOLOGY
The purpose of this chapter is to describe the methodology used to achieve the
research objectives of this study. This includes the type of research, target
population, sampling techniques, data collection, and data analysis procedures.
The main theoretical framework of this study focuses on the finding of the
relationship between the dependent variable (consumer’s satisfaction with
buying tement products) and independent variables (etc.).
Research design:
Random sampling has been used in the study random sampling is used for
selecting of homogeneous sample for the study
The questions which are there in the questionnaire are presented in the same
order to all the respondents.
50 people were taken to fill up the questionnaire.
This study is carried out in the Kanpur region and the data is collected by the
people residing in Kanpur itself.
The period which had been included for the study of this particular research is
cross-sectional which the data had been collected in one taste
The whole data had been formed through the help of Google form and data have
been analysing with anlysing help of SPSS software to get the data and variable
views.
DATA ANALYSIS & INTERPRETATION
Descriptive Statistics
N m m n on Skewness Kurtosis
Std. Std.
00 2 1.70
00 5
00 9 1.05
00 0 8 1.64
1
Q8 50 1.00 2.00 1.36 .48487 .602 .337 - .662
00 1.70
00 1.09
00 6 3
00 6 3
00 1.24
00 5 1
Valid N 50
(listwise)
Frequencies
Statistics
Q1
Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 0
N Va 50 50 50 50 50 50 50 50 50 50
lid
Mi 0 0 0 0 0 0 0 0 0 0
ssi
ng
Q4
Q5
be
Q6
Cumulati
id COMMERCIAL
WHOLE SELLER
Q7
Above
Q8
Q9
be
Q10
Frequenc Valid Cumulative
Q11
Q12
Q13
Reply
FINDINGS
● 68% of respondents said yes that they have purchased cement before.
● And 2% responding said that maybe they have purchased cement before.
● 76% of respondents that they won't move from cement and 24% of
respondents said that they could move to different items other than
cement.
● 76% of respondents are happy with the quality given by cement and 24%
are not happy with the quality presented by cement.
● 70% of respondents said that the nature of cement is far superior than
different results of cement and 30% of respondents disagree that the
cement quality is superior to different contenders.
• Clients need more costs and retailers need more impetuses, gifts, and rides.
The business ought to run more and more specials, such two for the price of
"one or more coupons."
Those who desire to look into this topic further will find this research
to be very helpful. Given that all variables have a major impact on
critical appraisal, the two variables packaging and customer
purchasing behaviour need to be considered more closely.
● The sample size (sample size=50) was insufficient and did not adequately
represent the survey's findings.
● The market potential of the cement sector was not fully covered by the
inquiry.
REFERENCE
Book references:
Journals/newspapers:
Cement Annual Journal Labor and Industry Chronology Indian Cement Survey
Website:
www.cement.com
www.google.com
www.wikipedia.com
ANNEXURE (QUESTIONNAIRE)
1. Email
2. Name
4. Gender
o Male
o Female
o Prefer Not to Say
10. If cement is not convenient will you then go for any other brand?
o Yes
o No
11. Are you satisfied with the price as per the quality?
o Yes
o No