kraft foods - the vital role of sales - spjcm
DESCRIPTION
A presentation on Kraft Foods and the role of sales from the management perspective. A Bschool presenatation. Educational.TRANSCRIPT
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A Presentation by Students of SPJCM for educational purpose , Information collected
from secondary sources.
Kraft Foods Inc. is the world's second largest food and beverage company in the world.
Kraft had revenues of over $34 billion in 2005.
Kraft is an American owned company with brands that include global market leaders.
Kraft Foods is classified as a Fast Moving Consumer Goods (FMCG) company.
Kraft worldwide currently has over 100,000 employees, operating in 150 different countries
The company's major brands include:
• Maxwell House® coffee
• Terry's All Gold®
• Toblerone®
The staying power of these brands is undisputed - some already have over 100 years of sales
behind them.
Stakeholders are individuals and groups with an interest in a
company and its activities. They have a key influence on decisions that
modern companies make.
Employees They take pride in working for a well-respected company and look to have a secure job,.
Customers Organizations such as supermarkets and other retail outlets that buy Kraft products.
Consumers Purchasers and users of Kraft products..
Shareholders People and institutions who own shares in companies
Suppliers Firms that supply Kraft with its production requirements
What types of products are consumers looking for ?
What price are they willing to pay ?
Where do they want to buy these products ?
What tome of advertising and promotional activity will attract them.
The sales team is further split into teams
, of which look after specific customers This
role is known as 'Account Management‘.
Category Planning ensures that sales targets are met by
overseeing the promotional plans for
each customer.
Category Development use the market
research information provided by Marketing
to create a 'sales rationale'.
In order to achieve Sales objectives, the Sales team at
Kraft needs to ensure:
high product distribution
agreement of correct
range for each
customer
organisationof
promotions
maximum space on the
shelf
successful launches of
new products.
Creating concepts for new
products
Communicating the final
concept to Sales
Presenting the opportunity to
customers
Year plan for the product
Working with Supply Chain
Product arrives in store
Evaluation
Innovation – Satisfying real-life needs with unique ideas
Quality – Fulfilling a promise to deliver the best
Safety – Ensuring high standards in everything we make
Respect – Caring for people, communities and the environment
Integrity – Doing the right thing
Openness – Listening to the ideas of others and encouraging an open dialogue
By: Apurva C | Saurabh D | Tanvi S | Divya T