Thursday, January 9, 2020
The Foods Private Limited Is An Indian Based Rice...
Ferozepur Foods Private Limited is an Indian based rice manufacturing, exporting and trading company. It was founded by Mr. Brij Bhushan Mittalââ¬â¢s family in 1994 with a production capacity of 18 Metric ton per day which is now 200 Metric ton per day. Today the company accords ISO-9001-2008, HACCP (Hazard Analysis and Critical Control Points), GMP (Goods Manufacturing Practices) and many more. Today the company exports its manufactured rice to various countries like USA, UK, Dubai, Saudi Arabia, Italy and a lot more countries. With the increasing demand of rice from various countries the company is building up a new plant with a capacity of manufacturing 400 Metric Ton rice per day. Companyââ¬â¢s Ability to compete on analytics Since the rice can be purchased in the months of October to December, that is for the time period of only 3 months and rice is to be stocked for the year all production the company analyzes its requirement in advance and stocks the rice for the complete year. They also check the efficiency and other handling costs before purchasing the rice from the farmers. The employees are doing everything efficiently to maintain the quality of the product and achieve the operational excellence. Companyââ¬â¢s Pillars of Analytics Competition ââ¬Å"Analytics can support any business process.â⬠The company follows its own strategic policies which would support the company to grow. Since Ferozepur Foods Private limited mainly exports its variety of rice it maintains itsShow MoreRelatedGlobal Business Environment8475 Words à |à 34 PagesGlobalisation 1.5 Stages of Globalisation 1.6 Introduction to Theories of International Trade 1.6.1 Absolute Advantage Theory 1.6.2 Comparative Cost Advantage Theory by David Ricardo 1.6.3 Factor Endowment Theory (Heckscher-Ohlin Thesis) 1.7 Trading Environment of International Trade 1.7.1 Tariff and Non-tariff Barriers 1.7.2 Trade Blocs ââ¬â Regional Economic Integration 1.7.3 Raising of New Economies 1.8 Self Assessment Questions 1.9 Answers 1.10 Case Studies 1.1 Introduction GlobalizationRead MoreFrozen Food Business in Bangladesh10464 Words à |à 42 PagesAbstract This paper is a review of Bangladeshi Frozen Food Business. Frozen Foods in Bangladesh encompass from fishes to ready-to-cook foods. 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