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Eveready Industries India LtdEveready Industries India Ltd
Eveready Industries India LtdEveready Industries India Ltd
TABLE OF CONTENTSTABLE OF CONTENTS
I. Introduction & Milestones……………………………………….3
II. Business Locations…………………………………………….. 4-5 i) Manufacturing locations ii) Sales Branches
III. Business Divisions i) Overall… ……………………………………………………….6-7 ii) Batteries… ….…………………………………………..……..8-10 iii) Flashlights… …………………………………………...…...11-12 iv) Packet Tea………………………………………………...…...13-14
v) New Business…………………………………………….........15-16 vi) Lighting Business… ……………………………………….. ..17-18 vii) Export………………...……………………………………….…..19
IV. Sales Operation in EIIL……………………………………20-21
V. Support Functions i) Manufacturing …….………………………………………….........22 ii) Research & Development……………………………………...….22 iii) Quality Control System……………………………………….......19 iv) Finance………….....…………………………………………........20 v) Information Technology...….………………………………….......21 vi) Human Resource ……………………………………………….....23
VI. Powercell Division…………………………………….24-25
VII. Work Ethos in EIIL……………………………….…....26
Eveready Industries India LtdEveready Industries India Ltd
I.I. INTRODUCTION INTRODUCTION
The organisation started in India in 1905 with the first dry cell batteries being
imported from USA and sold in the major cities of the country. These batteries were
primarily used in imported torches. The value of the first consignment, nearly a
hundred years ago, was less than Rs 500. The company was incorporated in the year
1934 as Ever-Ready Company (India) Ltd. Today, EIIL has a turnover of nearly
Rs.1000 crore and has a diverse product portfolio ranging from carbon zinc batteries,
flashlights and rechargeables, packet tea, mosquito coils liquid vaporisers and
Compact Fluorescent Lamps.
MILESTONES
19391939 :: Camperdown Works - first modern battery plant established at Cossipore in Kolkata.
1996 : McLeod Russel (India) Ltd, merged with EIIL, bulk tea business brought into EIIL fold.
2000 : Bishnauth Tea Company merged with Eveready Industries India Ltd.
2004: Demerger of McLeod Russel (India) Ltd with EIIL.
2005 : Brand EVEREADY is hundred years.
2006 : Acquisition of the 4th largest battery company – BPL Soft Energy Systems Ltd which is now the wholly owned subsidiary of EIIL renamed as Powercell Battery India Ltd.
2008: Amalgamation of Powercell Battery India Ltd (PBIL) with Eveready Industries India Ltd (EIIL)
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Eveready Industries India LtdEveready Industries India Ltd
II. II.BUSINESS LOCATIONSBUSINESS LOCATIONS
MANUFACTURING LOCATIONS & SALES BRANCHES MANUFACTURING LOCATIONS & SALES BRANCHES
LEGEND
╬BATTERY PLANTS REGIONAL OFFICES
CHUAPARA PACKET TEA FACTORY SALES BRANCHES
╬FLASHLIGHT PLANT ═ZINC PLANT
╩ ELECTRODE PLANT
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╬Haridwar
╬Kolkata
═Zinc Plant
╬Hyderabad
╩Electrode Plant
╬Chennai
═Zinc Plant
╬ Noida
╬Lucknow
W.UP
Delhi
Guwahati
Jaipur
Indore
Patna
Ahmedabad
Mumbai Bhubaneswar
Bangalore
Cochin
Chuapara
╬Maddur
═Zinc Plant
Eveready Industries India LtdEveready Industries India Ltd
BUSINESS LOCATIONS BUSINESS LOCATIONS
i. Sales Branches
North: Delhi (Regional Office)Delhi, Western UP & Jaipur
East: Kolkata (Regional Office)Kolkata, Guwahati & Bhubaneshwar
West: Mumbai (Regional Office)Mumbai , Ahmedabad & Indore
South: Chennai (Regional Office)Chennai, Bangalore, Cochin & Hyderabad
Central: Patna & Lucknow
ii. Head Office
Location in Kolkata :
Eveready Industries India Limited2, Rainey Park, Kolkata – 700019.
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Eveready Industries India LtdEveready Industries India Ltd
III.III. BUSINESS DIVISIONS BUSINESS DIVISIONS
Eveready Industries India Limited (EIIL) is one of India’s most renowned and
enduring FMCG companies, with the operations entrenched in the country for over
100 years. Over the decades, it has strengthened its position as the dry cell battery
and flashlight industry market leader in the second most populous country in the
world.
The Company’s contemporary product portfolio comprises the following :
Dry cell batteries, flashlights and rechargeable batteries and Compact
Fluorescent Lamps under brand ‘Eveready’.
Packet tea under brands ‘Tez’, ‘Jaago’, ‘Premium Gold’, ‘Classic’.
Insect repellents: Coil & Liquid Vaporiser under brand ‘Eveready
Poweron’.
Dishwash bar under brand ‘Poweron’.
The Indian operation started through dry cell batteries and then marketing the same
across major Indian cities. This led to setting up of manufacturing facilities and a
distribution network across India. Subsequently, this manufacturing presence was
integrated forward into the manufacture of flashlights – leading device category
consuming batteries.
Over time, the Company evolved into the largest dry cell battery player in India and
virtually the only organised flashlights player in the market. The company possesses
one of the widest and the deepest distribution networks among FMCG companies in
India, reflected in its premium brand equity and customer loyalty. To leverage the
growth of this pan-national distribution pipeline, the Company extended its product
category to the marketing of packet tea, lighting products and home care products
like insect repellents and dish wash bars.
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Eveready Industries India LtdEveready Industries India Ltd
The Company’s existing share of packet tea market is limited. However the company
expects the quality level of its products and its strength of retail penetration will
eventually translate into a significant market share over the foreseeable future.
Insect repellents were launched by the Company in 2006. The operation is still in its
learning phase, but the company expects to garner a reasonable share in this market
within a foreseeable timeframe based on its rural reach and tangible differentiation
from other products available in the market.
The company entered the Lighting products market with CFLs during 2007. The
market response to this initiative has been very enthusiastic and EIIL plans to be a
significant player in this product category.
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Eveready Industries India LtdEveready Industries India Ltd
BATTERIES
DRY CELL BATTERY(CARBON ZINC)
Eveready Industries India Limited. is the world’s third largest
producer of Carbon Zinc batteries, selling over 1 billion batteries
every year. Present in all segments of Dry cell batteries.
The Indian market for dry cell batteries is estimated at 2.4 billion
pieces by volume and Rs.14 billion by value.
Eveready holds the dominant market share in every segment.
Overall market share of close to 50%.
Major competitors are Nippo, Panasonic, Geep and Powercell.
Eveready product range consists of Zinc carbon batteries like D size, C size, AA,
AAA, 9V and Alkaline range of AA and very shortly into AAA and 9V.
These batteries are ideal for:
Flashlights Remote Controls Toys Penlights Cameras Clocks Medical Equipments Electrical Equipments Walkman / Discmans FM Radios / MP3 / MP4 players Transistors etc.
Industry Details and Eveready Performance :
As per AC Nielsen Retail Stores Audit, the market for batteries is stagnant. While there is growth in devices using dry cell batteries, due to improving efficiencies of the battery operated equipments (like flashlights) as well as increasing usage of Lithium Ion based rechargable batteries in devices like digital cameras / MP3 / MP4 players the growth in replacement demand for batteries is getting neutralized.
The D size battery segment, which mainly get consumed in brass flashlights, is showing a de-growth of 20% while the AA and AAA battery segments are displaying
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Eveready Industries India LtdEveready Industries India Ltd
a growth of around 10 – 12%. The latest trend, however, is indicating that the rate of de-growth of D segment is coming down and the market seems poised for growth in the coming years.
Growth in AA segment will continue to be fuelled by proliferation of clocks, remote control devices and growth of newer devices across both rural and urban India. Growth in this segment in the recent years have been driven by the new generation ‘LED’ flashlights, which have been popularized by the company. The new AAA segment will take higher share of the battery market, with introduction of smaller size devices like FM radios, a/c remotes, etc.
RECHARGEABLES BATTERY
Eveready Industries India Limited, India's No 1 battery
company was amongst the foremost players to make a
foray into the 'Rechargeable Batteries' segment with its
'Eveready Recharge' brand of rechargeable batteries and
chargers. 'Eveready Recharge' took the rechargeable
battery market in India by storm, with its world-class,
value-for-money product range. Till then, the market was
flooded with poor-quality grey-market products, which
consumers were scared to touch.
This Eveready sub-brand now boasts of an enviable range of rechargeable batteries
and chargers.
The portfolio now includes:
Cylindrical Rechargeable Batteries
i) AA NiMH
ii) AA NiCd
iii) AAA NiMH AA NiCd AA NiMH AAA NiMH
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Eveready Industries India LtdEveready Industries India Ltd
Battery - Chargers for
i) AA batteries
ii) AA/AAA Combo
Rechargeable Batteries for Cordless Phones
Three variants: T107, T109 & T110
Industry Details and Eveready Performance :
The rechargable batteries get consumed in digital cameras, MP3 players and other high drain devices. With the explosive growth in use of these devices, the demand for rechargable batteries is expected to rise in the coming years.
Eveready currently enjoys a healthy marketshare of 60% with a turnover
of INR 15 crores in the rechargables business.
The other major competitors are UniRoss, Sony, etc.
Rechargables continue to be one of the drivers of the Company’s revenues.
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Eveready Industries India LtdEveready Industries India Ltd
FLASHLIGHTS
Eveready Industries India Limited is the largest manufacturer of flashlights in
South Asia. Since pioneering the portable lighting revolution in the country a century
ago, Eveready has enjoyed an uninterrupted leadership position in this segment. An
unparalleled distribution network ensures that Eveready torches are always available
within easy reach, wherever you are. From remote villages to the city heights,
Eveready flashlights light up lives across the length and breadth of the country.
BRASS TORCH
The trusted ‘Jeevan Sathi’ brass torch, has been a constant
companion for generations of Indians and is one of the most
trusted brands in rural India, across product categories. Known for
its reliability and durability… it enjoys an enviable 90% market
share in its segment.
METAL & PLASTIC
Eveready also markets a comprehensive range of over 50 varieties of
metal and plastic flashlights, comprising handy Homelites for general
purpose use, a range of torches for Outdoor use, as well as trendy
Personalites for personal use. In addition, Eveready also has a range of
value for money Rechargeable lights, targeted at the urban and semi
urban consumers.
LED TORCHES
Eveready has NOW launched an altogether new 'category' of torches - the ‘LED’
torches. This category will offer to the consumers a torch which has…
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Eveready Industries India LtdEveready Industries India Ltd
- low battery consumption
- focussed white light
- slide switch for easy operation
- strong durable body
Industry Details and Eveready Performance :
Eveready is virtually the only organised player in the flashlights market. The
segments in the flashlights market were traditionally determined by the material used
for manufacturing the flashlights – Brass, Plastic, Aluminum. Historically, the
‘Brass’ segment was the most popular among consumers – especially in the rural
areas. However, in the recent past, prices of brass flashlight had to increase manifold
due to cost push of raw materials. This was thoroughly resisted by the consumers and
the brass flashlights market de-grew by a significant 50% p.a. in the last couple of
years.
As a mitigation measure and with a view to giving consumers a value-for-money
option, in the last couple of years we saw the advent of the new generation ‘LED’
lamps based flashlights. We have been at the fore front of introduction of this
segment and have encouraged the consumers to take to it due to the advantage of low
battery consumption. These products have been accepted enthusiastically by the price
conscious segment of the consumers.
This has led to an explosion in sales of Eveready flashlights which we believe, is due
to the increase in user-ship. Also, the in-use period of these flashlights being
considerably lower than the traditional metal flashlights, replacements will be more
frequent resulting in boost in battery too. In the current year (’08-’09) the market is
estimated to be at an annual volumes of 45 mln pcs with Eveready’s share of 50% of
the total market with an estimated turnover of INR 110 crores.
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Eveready Industries India LtdEveready Industries India Ltd
PACKET TEA
Eveready Industries India Limited, brings all the goodness of nature, intact to every
home. From the valleys of Assam to the hills of Darjeeling, our promise of bringing
the freshness and strength to each cup of tea can be experienced in the brew of all our
brands.
We today have offerings worthy of the name of Williamson and Magor as well as
Eveready Industries India Ltd. – Eveready Tez, Eveready Premium Gold, Eveready
Jaago and Eveready Classic. Brands, which satisfy the diverse moods of the tea
drinker.
Eveready Tez
Eveready Tez is for those who drink tea to refresh and energize themselves at any time of the day.
• Brand positioning - For the woman of substance.
• Theme: Tez ho chai, to josh aa jaye
• 100 % Assam blend
• Pack sizes - LUPs, <50 gm, 50 gm, 100 gm, 250 gm , 500 gm and 1 Kg [also in 250 gm/500 gm cartons]
EVEREADY Jaago
Eveready Jaago is for those who prefer a strong cup of tea .
• Brand positioning - Strong Cup of tea with rich colour.
• Thme: Ab Aur Zyaada Dum,
• A blend of Assam & Dooars teas
• Pack sizes - LUPs, <50 gm, 50 gm, 100 gm, 250 gm , 500 gm
EVEREADY Premium Gold
Eveready Premium Gold blend is a delicate, aromatic, fragrant and refreshing.
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Eveready Industries India LtdEveready Industries India Ltd
Brand positioning - a premium tea with full bodied flavour and aroma.
• A Blend of Assam and Darjeeling.
• Pack sizes - LUPs, <50 gm, 50 gm, 100 gm poly pouch, 100 gm carton, 250 gm poly pouch, 250 gm
cartons, 500 gm pouch and 1 kg packs
EVEREADY CLASSIC
Eveready Classic - The invigorating blend refreshes and recharges you with every sip.
Brand positioning - Strong and Stimulating tea.
• Pack sizes – Rs 5/- pack, 100 gm poly pouch, 250 gm poly pouch and 1 Kg Pack
Industry Details and Eveready Performance :
Tea is a staple Indian beverage, sold either in loose, unbranded or packaged branded forms. In India, consumption is hugely skewed towards loose tea which comprises of 60% of total market. Indian packet tea industry is fragmented with a few large players occupying a significant share and several localized players accounting for regional competition.We are leveraging our distribution pipeline to market this product and thus grow additional revenue on virtually no additional costs. Given the fragmented nature and limited number of national players, we are confident of making it big in the coming years. Currently our value turnover is INR 85 crores with a market share of around 3% All India.
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Eveready Industries India LtdEveready Industries India Ltd
NEW BUSINESS
The home care market which consists of fabric wash, dishwashing solutions,
household cleaners, air freshners, insect repellents etc. is growing like never before
thanks to changing lifestyles and the real estate boom. Till now the only problem
plaguing this sector has been the unavailability of homecare products in rural India.
For Eveready, this was just the right opportunity. With our extensive reach to the
smallest of villages, we could make sure that the product reaches the heart of rural
India. As a start we introduced mosquito coils followed by dishwash bars and also
extended the mosquito repellent category by introducting Liquid Vaporiser refills in
October 2007.
MOSQUITO REPELLENT
Mosquito Coils
In an endeavour to satisfy ever-changing consumer needs,
Eveready has developed Poweron, a mosquito coil which
provides powerful protection against the all-pervasive
mosquito menace.
Eveready Poweron the new generation fast action mosquito coil comes in 3 variants
Red 12 hours protection
Red 10 hours protection
Green 8 hours protection
Eveready Poweron, comes packed in a Power Dish, which ensures easy handling and
storage for the consumers. The Unique Eveready "E" Stand signifying energy holds
the coil and the broken pieces. The coils come in a heat sealed pouch which protects
the coil from moisture, fungus and dust. The pleasantly fragrant coils repel
mosquitoes powerfully and effectively, providing Poweron protection from Malaria,
Dengue and Filaria.
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Eveready Industries India LtdEveready Industries India Ltd
Liquid Vaporiser
In August 2007, we have extended the mosquito repellent
range to Liquid Vaporiser refills. The Poweron liquid
vaporizer refill is a fast action solution to drive away
mosquitoes.
The refill pack comes with a special consumer offer of 15
nights free. The Poweron refill can be used with mostly any
machine unit. The prallethrin in the liquid evaporates and
drives away the mosquitoes quickly. The Poweron
Vaporiser leaves a pleasant fragnance in the room.
Eveready Poweron has reached a market share varies between 1% and 4% in various
states with a turnover of Rs.10 crores in 2007. Our target is to reach 10% market
share in 3 years time, taking our turnover to about 100 crores.
DISHWASH BAR
The Poweron Dishwash bar comes with tamarind & lemon extracts – the complete
cleaning solution for all kinds of utensils. It comes with a special Powerdish – no
sogginess, softening or wastage. It contains CMC (Carboxy Methyl Cellulose) which
prevents a white film from being formed on the utensils after washing. It is a value
for money product, it lasts longer than other bars.
Poweron Dishwash bar comes in the following SKUs
400 gms
200 gms
100 gms
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Eveready Industries India LtdEveready Industries India Ltd
LIGHTING BUSINESS
Eveready entered into the Lighting Business in 2007 with the
launch of a range of Compact Fluorescent Lamps (CFL).
CFLs can replace the traditional incandescent lamps thus help reduce one’s energy
requirement (thus saving on the electricity bill) by 80%. CFLs also have a long life.
Together, these two factors help in not only monetary savings, but also help in reduction of
greenhouse gases and reducing global warming.
For Eveready, CFLs offer a great opportunity in terms of-
1) A ready market of 180 mln pcs having a value of INR 1170
crores, growing YoY @ 30%.
2) A clearly defined & stated need for consumers to use
CFLs given the huge shortfall in electricity & spiraling cost of the same
3) Being seen as a socially & environmentally responsible company
4) An opportunity to leverage the huge Eveready brand name & the great
distribution might of the company
Eveready notched up a turnover of INR 44 crores in the first year of its launch and targets to grow at a pace which is ahead of the market in the coming years in order to be a major player in this market.
Going forward, the Lighting business is likely to develop on the following lines-
1) Get into mass consumption items like incandescent lamps, Colour
decoration lamps etc.;
2) Develop the business for Energy Saving alternatives like T5 lamps,
Electronic Ballasts, Luminaires for Fluorescent/Compact Fluorescent lamps
with Electronic controls;
3) Get into new age technologies like LEDs & products around LEDs.
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Eveready Industries India LtdEveready Industries India Ltd
Eveready Lighting portfolio:
Compact Fluorescent Lamps (CFLs)
1) Retrofit CFLs ELD
Product Type Wattage Available
ELS (Spiral) 15W, 20W, 23W, 27W, 55W
ELD (2U) 9W, 11W, 15W
ELT (3U) 15W, 20W, 23W CFL - S
Mini (2U & 3U) 5W, 8W,11W
2) Non - Retrofit CFLs
CFL-S (PLS) 5W, 7W, 9W, 11W CFL - D
CFL-D (PLC) 10W, 13W, 18W
CFL-L (HLL) 18W, 36W
Halogen Lamps
Product Type Wattage Available
Linear Halogen 150W, 300W, 500W, 1000W, 1000W (Video)
Linear Halogen
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Eveready Industries India LtdEveready Industries India Ltd
EXPORTS
Eveready Industries India Ltd. operates in the international markets using Brand
name LAVA. LAVA batteries and Flashlights are presently sold in countries across
Eastern Africa. Africa being a highly price sensitive market, LAVA
is positioned at the premium segment of batteries providing high
performance compared to the usual cheaper products present in
these markets. LAVA presence in Africa is expanding both in
terms of Volume of business as well as number of markets where
LAVA is sold.
Besides, Eveready Industries India Ltd. also makes batteries for Toshiba Battery Co.,
Japan in their Brand name. Toshiba which sources batteries both from China and
India contributes a large part of our Export volumes indicating that when it comes
to quality batteries, Eveready Industries India Ltd. has Global capabilities
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Eveready Industries India LtdEveready Industries India Ltd
IV. Sales Operation in EIIL
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EVEREADY Distribution
15 Branches & 40 Godowns
4000 Distributors
Direct Reach: 0.8 M
Outlets: Grocery, General / Provision, IS Stores, Photo, Music, Chemists, Electrical, Hardware, Stationery, Gift / Novelty, Paan / Cigarette… & Modern TradeAs per AC Nielsen, the indirect reach of Eveready batteries is 3.3 million outlets out of a total retail universe of 7.3 million FMCG outlets. Out of these 4000 dealers, 20% are van operators and balance are retail stockists.The distribution structure is so extensive that it reaches out to even 5000 population villages directly through our van operations.The company employs close to 300 sales people directly and as many as 1300 sales people indirectly to operate this extensive network successfully.
Eveready Distributor
Consumer
W/Saler
RetailerRetailer
Branch Godown
Eveready Industries India LtdEveready Industries India Ltd
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Is to consolidate our benchmark supplier position in all traditional outlets for batteries and flashlights.
Is to employ Systematic and scientific approach towards increasing our reach and quality of reach.
Is to leverage our Sales & distribution competencies into identified newer channels.
Is to Enable superior focus on all non - battery product categories.
Is to constantly explore new selling arrangements in identified markets to improve effectiveness of servicing.
Our S&D Strategy
Eveready Industries India LtdEveready Industries India Ltd
V. V. SUPPORT FUNCTIONSSUPPORT FUNCTIONS
MANUFACTURINGMANUFACTURING
Eveready’s state of the art manufacturing units are located at Kolkata, Noida,
Uttaranchal, Hyderabad, Chennai and Lucknow to maximize logistical efficiency and
reduce time-to-market. Today the Company has high-speed manufacturing units,
both for batteries and flashlights, with in-house facilities for metal flashlights along
with a fully automated injection-moulding set-up for plastic flashlights. Eveready
also has a full-fledged machine design group at Chennai with capabilities of making
special purpose machines for both captive consumption and customer-specific
requirements.
Central Machine Shop (CMS) was established in 1968. Central Design Group
(CDG) is part of CMS. It is situated within Natco Chennai, 1075 T H Road,
Thiruvottiyur, Chennai-600019. CMS is in the business of Design & Manufacture of
Special Purpose Machines (SPM), spares, sub- assemblies and Can extrusion
punches for battery manufacturing. CMS also provides the Technical support to
battery plants, Conducting Engineering audits, Import substitution of parts, Alternate
MOC, and Design and development, manufacture and supply of parts and sub-
assemblies for productivity and process improvements in the existing battery
manufacturing lines. The extrusion punch manufacturing is in-house whereas the
other manufacturing activities are farmed out. In addition to the design, manufacture
and assembly of equipment, CMS staff is involved in installation and commissioning
of the machines at the customers' premises.
RESEARCH & DEVELOPMENTRESEARCH & DEVELOPMENT
Eveready’s research team constitutes highly qualified Scientists, Engineers,
Chemists and Technicians dedicated to maintaining technology leadership in Zinc-
Carbon batteries, Flashlights and related components. The Research Centre has Pilot
Plant facilities, Analytical testing facilities such as Atomic Absorption
Spectrophotometer (AAS), Polarograph, X-Ray Diffractometer (XRD) and a
Chemical Laboratory. The Eveready Research Centre is capable of providing world-
class testing and research support to meet stringent customer requirements from
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Eveready Industries India LtdEveready Industries India Ltd
across the world. The efforts of in-house R&D unit was recognized by the Dept. of
Science and Industrial Research and accorded recognition from Govt. of India. This
is the only In-House R&D Centre of a Primary battery company in India to have
accorded the recognition from the Dept. of Scientific & Industrial research, Govt. of
India. Eveready has a totally computerized battery testing facility where batteries
can be tested as per BIS, IEC and JEC standards
QUALITY ASSURANCEQUALITY ASSURANCE
The Company has adequate internal quality Assurance systems commensurate with
the Company’s size and nature of business. The objective of these systems are to
ensure Setting Product Performance Standards for all types of batteries based on
competitive assessment., Performance to reflect leadership vis-à-vis Best of
Competition as per agreed Standards with Marketing department., implement new
design inputs wherever required for product fortification, material substitution, cost
reduction of existing products, setting Material Usage / Specification Standards
(Process Specification Sheet) for all battery plants, Setting yearly Cost Reduction
targets with respect to OIP (Operation improvement program).
Eveready initiated World Class Maintenance (WCM) management system in1997,
based on the philosophy of focus on defect and variability reduction through
planning of maintenance to keep the production equipment in “As designed condition
always”.
FINANCEFINANCE
The Company’s performance is backed up by a strong accounts and finance team. The
team consists of seasoned professionals who carry out the various functions effectively
to enhance / improve the various business processes within the overall business
strategies. The various key functions may be summarized as follows:
Working Capital Management to reduce the interest burden on working capital loans
– Alert management on inventory holdings beyond norms as also negotiate
competitive interest rates from Banks
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Eveready Industries India LtdEveready Industries India Ltd
Management of Term Loans to take care of the long-term business needs of the
company – Includes debt restructuring by retiring high cost debts in lieu of loans
with lower interest rates.
Treasury operations like commodity hedging (to mitigate the effect of volatile
metal prices), forex management (to mitigate the effect of volatility in the value
of rupee)
Profitability analysis and projections business wise to apprise management of the
effectiveness of business decisions and / or to facilitate new decisions
Ensure accurate pricing updation in order to facilitate error free invoicing
Capital Budgeting to analyze / justify new projects
Compliance of all statutory matters including taxation related issues
Monitor profitability of new projects to benchmark against the projected
profitability
Timely analysis of major accounts Trade Debtors, Institutional Debtors, CSD,
Claims, Bank, Payables – Appropriate action taken based on such analysis
Centrally coordinating payments through the RTGS / NEFT mode
Ensure timely data to operating groups for review of their respective areas of
performance
Ensure timely preparation of the quarterly and annual results ahead of the Board
Meetings
Custodial Control over the assets of the company and review at least on an
annualized basis any possible impairment of such assets
Liaison with various functional units related to accounts and commercial matters
including timely closure of accounts
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Eveready Industries India LtdEveready Industries India Ltd
Coordination with Systems Group to enhance existing report platforms /
introduce new report platforms
Payroll preparation - Also facilitate tax planning
Monitoring the PF, Gratuity and other superannuation funds of the company
The company has an in-house Taxation Department which deals with all the Direct
and Indirect Tax cases covering all the manufacturing and commercial units. They
are responsible for smooth and timely completion of assessments and are also
responsible to ensure compliance of all fiscal laws by all the units. The Department
also supplements business decision making by suggesting ways and means for setting
up new projects in tax-free zones and also to minimize the incidence of duties / taxes
on existing product lines.
The company also has an in-house Internal Audit Department manned by trained
professionals. The pre-audit and post-audit checks and reviews are carried out to
ensure follow up on the observations made by the Audit teams. The Internal Audit
reports, the progress in implementation of recommendations contained in such
reports and the adequacy of internal control systems are reviewed by the Audit
Committee of the Board in its periodical meetings.
INFORMATION TECHNOLOGYINFORMATION TECHNOLOGY
EIIL has traditionally invested in Information Technology (IT) to provide effective
business solutions amenable to inform decision making. The IT process at EIIL is
one of continuous improvement. During the year, EIIL standardized all its major
applications across all locations on the Oracle Business Suite as an ERP solution.
This exercise was not without the usual teething problems. However, the process
seems to have been internalized well in the organization. Needless to state, the ERP
system has brought the expected benefits associated with it and would certainly bring
in more in the forthcoming years.
THERE WAS A NEED TO MANAGE BUSINESS EFFECTIVELY. To bridge the
gap between what was available and what was needed Project UniBiz (Unified
Business System) was launched.
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Eveready Industries India LtdEveready Industries India Ltd
Project UniBiz (Unified Business System)Project UniBiz (Unified Business System)
All modules of Oracle eBusiness suite (11i.5.9) was implemented across 70
locations on Big Bang. The project went live on 1st October 2005 simultaneously at
all locations. An integrated eBusiness solution spanning across 10 manufacturing
units, 15 sales branches, 44 warehouses, 350 sales force personnel, 10 key suppliers
and head office. Centrally served on two Intel servers with a SAN storage in an
active-active cluster, running a single instance of Oracle eBusiness suite (11i.5.9) on
Red Hat Advanced Server 3.0 and Red Hat Cluster Suite. Major plants and branches
are connected to head office through point-to-point leased lines with ISDN backup in
an auto failover mode. Warehouses are connected to head office through fixed IP
wireless Walkie phones with VSAT backup or with Broadband connectivity
wherever applicable.
Driving Greater Business Success using UniBizDriving Greater Business Success using UniBiz
o Linking up the value chain
o Addressing the operational gaps
o Enforcing controls
o Management Analysis
HUMAN RESOURCEHUMAN RESOURCE
People power is one of the pillars of success at EIIL. The Company employs nearly
2500 individuals across its various plants and branch locations, who share a passion
for excellence. The key attributes of human capital at EIIL are a rich knowledge
base, expertise and experience. The department has IT enabled HR systems, wherein
Oracle eBusiness suite (11i.5.9) is being used. The various key functions of the
department are as follows:
o Talent Acquisition Management
o Performance Management
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Eveready Industries India LtdEveready Industries India Ltd
o Career & Succession Planning
o Compensation and Benefits management
o Training and Development
o Rewards & Recognition Management
o Formulation & Implementation of HR policies & procedures
o Employee Engagement
HR team operates out of Corporate Office in Kolkata.
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Eveready Industries India LtdEveready Industries India Ltd
VI.VI. POWERCELL POWERCELL DIVISIONDIVISION
Powercell Divison, the erstwhile BPL Soft Energy Systems Ltd. was acquired by
EIIL in the year 2005 for strategic reasons and was operating as a subsidiary of EIIL
under the name Powercell Battery India Ltd. In January 2008 it was amalgamated
with EIIL and renamed as Powercell Division – Eveready Industries India Limited.
Product Range
Powercell is also in the business of manufacturing &marketing of dry cell batteries
(carbon zinc batteries) & flashlights (torches) but the batteries are marketed under
the brand Powercell & Shakti.
The Battery product range includes
(a) D Size segment. (b) AA Segment
R20 Shakti MJ R20 Power R6 Shakti R6 Power
Powercell also has products in the AAA and 9V segment.
In the Flashlight segment, just like
Eveready, Powercell Division markets a wide range of metal, plastic as well as LED
torches.
Powercell Force Powercell Spotlight Powercell Corona
Powercell Distribution Network
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MD
VP (Sales & Marketing)
Manager Flashlight Zonal Manager Institutional Sales
ZSM (East) ZSM (North)
ZSM (West) ZSM (South)
26 branches
Eveready Industries India LtdEveready Industries India Ltd
There are 27 sales branches spread across India catering to the demands of the rural
and urban consumers. The Powercell division has a sales and distribution network
which is separate from that of Eveready can be represented in the following way:
The current S&D setup:
○ 4 Zonal Offices – North, South, East & West ○ 26 Branches
○ 27 Godowns (CFA) ○ 1171 Regional Stockist
○124 Retail Distributors ○ 1336 Sub Stockist
Powercell Sales Organisation Structure
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PRIMARY
TERTIARYSECONDARY
RD CONSUMERSS RETAILER /WHOLESALER
SECONDARY
CFA
RS RETAILER /WHOLESALER CONSUMER
TERTIARY
Eveready Industries India LtdEveready Industries India Ltd
VII. Work Ethos in Eveready Industries India Limited
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Eveready Industries India LtdEveready Industries India Ltd
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