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External Analysis

and
Strategy Formulation
Group Members
Name ID
Wakil Ahmad Chowdhury 1713146630

Tahsin Kabir 1721826630

Mohammad Safayatul Alam 1410215030

Md Moinul Islam 1713096630


Introduction

 ACI Foods LTD (Limited, ACI FOODS LTD, 2020)

 Business portfolio PURE and FUN

 Mission and Vision

 Managing Director, Dr. Arif Dowla. (Hossain, 2019)

 MNC and Local Competitors (LLC, 2020)


SWOT Analysis
STRENGTH
 One of the market leaders with well-established brand WEAKNESS
image
 High quality products  Less promotional activities
 Very good distribution network  High price of the raw materials
 First company in Bangladesh to get certification of ISO  R&D sector is not so strong
14001 Environmental Management System in 2000  Few products have weak market image
 Global partnership with giant brands  Lack of brand loyalty in the industry
 Owned the largest retail chain of the country- Shwapno

OPPORTUNITY THREATS
 E-commerce business establishment  New competitors
 Gaining better market share as the target  Products are copied easily
market or market need is very high  Competitors are running excellent
 Better export quality products available promotional activities
 Better distribution opportunity as it owned  Increasing price of the raw materials
Shawpno  Changing buying behavior of the consumers
Recommendation
Functional Strategy  
Functional value creation strategies for Quality and Customer
Responsiveness

Leadership Production
Quality Quality
• Strategic direction • lean production system
• Account regular review • HQTS (Ltd., 2020).
• Clear view • Superior workplace
• Role model (ACRASIO). Customer Responsiveness
Customer Responsiveness • Technology and quality
• Consideration • Convenience to use the product
• Seeing customers digitally
Marketing
Quality Material Management
• Conscious about quality and Quality
price sensitive • Plantation
• Advertising • Provide seeds or fertilizer
• Customer feedback Customer Responsiveness
Customer Responsiveness • customer wants 100% pure
• Increased attraction spice you are supposed to take
associated with products. supplies which will give 100%
• Digital Media pure spices
• Products and benefits
R&D
Quality Information System
• Proper mechanical Quality

assortments. • Quality analytics and

• Sensor Driven Harvester & robotic process

Transplanter (Biolife, 2020). • factory processes

• Product and Services information system and

Customer Responsiveness logistics digital platform


• Customer want and needs. Customer Responsiveness
• Focus group discussion • Email applications,

•Consciousness about customer Spreadsheet Apps.

health • Official Web Page


Human Resource
Quality
• Recruitment
• training and development
• Compensation strategy
Customer Responsiveness
Think as a customer
Being a part of the survey.
Organizational Structure
Organizational Structure Organizational Process

• As ware focusing on customer


• Top management should not be responsiveness and quality assuring strategy
taking all the decisions the decision making process should not be
• Centralized and Decentralized
based on just market research
• Increase in production should be
taken care by production manager • The distance should be minimized between
• Budget is a major decision which lower and top level management
needs CEO • Low level employees involvement is crucial
• (Marketing Practices of ACI • ("ACI Management Reporting System of
Limited-A Case Study, 2018)
ACI-Laser Division: An Analysis of its
Efficiency - The Lawyers & Jurists", 2020)
Organizational Control &
Organization Culture
Incentives

• Insurance policy and bonuses


•Working with others and good workforce
• Target sale Profit share
•Fairness and correct judgment in work (Mir Mohammed Nurul Absar, 2020)
•Consultation with superiors
•Observe all suggestions and complaints
from website and social media People
(Company Values & Team Norms,2020)
•Training and develop skills
•Recruitment fairness
•Creating benefits and compensate for
employees
(Employee compensation & Benefits, 2020)
Conclusion

 One of the largest company in fgmc industry in Bangladesh and they


are working toward their mission and vision gradually.
 They should focus on their competitive advantage while working
alongside with their competitors like- Pran, Shazib, BD foods, etc.
 Aci foods ltd. should focus more on their R&D based their swot
analysis and organizational architecture.
References
 Marketing Practices of ACI Limited-A Case Study.(2018). Retrieved from
http://dspace.uiu.ac.bd/bitstream/handle/52243/525/Marketing%20Practices%20of%20ACI
%20Limited-A%20Case%20Study%20on%20ACI%20Mosquito%20Aerosol.pdf?sequence=1 
 ACI Management Reporting System of ACI-Laser Division: An Analysis of its Efficiency - The
Lawyers & Jurists. (2020). Retrieved from
https://www.lawyersnjurists.com/article/aci-management-reporting-system-aci-laser-division-analysis-ef
ficiency/
 Company Values & Team Norms. (n.d.). Retrieved September 2020, from Teambay:
https://teambay.com/company-values-and-team-norms/
 Employee compensation & Benefits. (2020, September). Retrieved from Assignment Point:
https://www.assignmentpoint.com/business/management/employee-compensation-benefits-package-aci-
limited.html
 Mir Mohammed Nurul Absar. (2020, September). Employee Compensation Practices in Industrial
Enterprises of Bangladesh: A Public-Private Comparison. Retrieved from Researchgate:
https://www.researchgate.net/publication/216676000_Employee_Compensation_Practices_in_Industrial
_Enterprises_of_Bangladesh_A_Public-Private_Comparison 

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