Iocl Proj PDF
Iocl Proj PDF
Acknowledgement:
_______________
_______________
____________
____________________
(PROJECT HEAD)
(PROJECT GUIDE)
(T&D HEAD)
Page No.
Introduction of Students
Company Profile
5-7
Research Motivation
Research Objective
Research Methodology
10
Product Brief
11-14
Activity
15-22
23-25
26
Limitations
27
Conclusion
28
Appendix
29
Students Introduction:
Mr. Ritabrata Mukherjee pursuing M.P.S.M (TLM) 20142016 batch, graduated with Bachelor of Science in Hotel and
Hospitality Administration [B. Sc. (H&HA)]
Company Profile:
Indian Oil Corporation (IndianOil) is India's largest
commercial enterprise, with a sales turnover of Rs.
4,50,756 crore (US$ 73.7 billion) and profits of Rs. 5,273
crore for the year 2014-15. It is also the leading Indian
corporate in Fortune's prestigious 'Global 500' listing of
the world's largest corporates, ranked at the 96th position
for the year 2014.
Research Motivation:
This study of this topic and the interaction and insight that we
received from the Transporters and Drivers helped us enhance
our knowledge about the Industry. We really think that all the
knowledge that we got after meeting each person and studying
the Industry is very precious. We got to know how to
convince the managers of the transport companies or the fleet
owners to apply for these support service program, how to
talk with them professionally and most of all how to resist
their behaviour whether bad or good, which we think has
benefitted us to get us the practical experience of the
professional world. Mr. Shovan Mondal was our motivation
for this research as he guided us and also exhibited us his
skills throughout the entire period by taking us with him to the
professional
world
and
guiding
us
so
much.
The scope of this Research is limited to the industry analysis
and the current industry scene. The time allotted to the project
is limited. As top management employees are very busy and
time conscious it was not possible to meet them personally
and make discussions more interactive.
Research Objectives:
Logistics is a huge service and support industry, and the
primary target market for Oil Companies like Indian Oil. As
due to unstructured and primitive operation module, the
logistics industry is lacking efficient and effective operation.
And Indian Oil is also facing challenges from emerging
competitors like Bharat Petroleum, Hindustan Petroleum, and
Reliance Petroleum.
At this verge of state, the main objective of this project is to
provide insight regarding how Indian Oil is approaching to
grab bulk market share by initiating Customer Relationship
Management and providing subsidiary operational support to
the industry.
Research Methodology:
Collection of Primary Data:
The Primary Data was collected from the Indian Oils official
website links which are as follows:http://www.iocxtrapower.com/xtrapower-fleet-cardFAQs.html
http://www.iocxtrapower.com/iocl_easyfuel/easy-fuel-cardfaqs.html
http://www.xtrarewards.com/extrarewards/Site/Faqs_custome
r.aspx
And also through some helpful briefing that was done to us by
Mr. S. Mohanta.
Collection of Secondary Data:
The Secondary Data was got through e-mail that we got from
Mr. Shovan Kr. Mondal and some from the product booklet
and samples that we had got. And helpful insights from Mr.
Sudip Dey, Business Manager, COCO-Unsani and Mr. Saheb
Singh Kunwar, Pump Dealer, RO-Kidderpore. The feedback
and free form interviews that we got from the Fleet Owners,
Drivers and Pump Staffs were a source of data.
10
Product Brief:
As we worked mostly on the customer loyalty and
relationship management segment of IOCL, we dealt directly
with the customers with few products which are as follows:-
11
12
13
14
Activity:
Driver Card Issuing
With the help of Mr. Sudip Dey, Business Manager,
COCO-Unsani and other Pump Operatives we managed
to enrol 17 drivers for the Driver Card, the list is as
follows:1. Chhotelal Yadav(UNSANI0371516DC)
2. Tarakeshwar Shaw(UNSANI0381516DC)
3. Rajkumar Chowdhury(UNSANI0391516DC)
4. Sant Yadav(UNSANI0401516DC)
5. Manish Kumar Singh(UNSANI0411516DC)
6. Bablu Kumar Yadav(UNSANI0421516DC)
7. Parsuram Yadav(UNSANI0431516DC)
8. Surendra Singh(UNSANI0441516DC)
9. Md. Tafsil(UNSANI0451516DC)
10.
Ritesh Singh(UNSANI0461516DC)
11.
Sundeshwar Mahato(UNSANI0471516DC)
12.
Subhash Shaw(UNSANI0481516DC)
13.
Somra Oraon(UNSANI0491516DC)
14.
Ramakant Singh(UNSANI0501516DC)
15.
Gopal Das(UNSANI0511516DC)
16.
Babban Yadav(UNSANI0521516DC)
17.
Unmesh Paswan(UNSANI0531516DC)
15
16
9085558555
9733151869
9434087577
9639719878
9434003971
9470214467
9832053770
9749099500
9933842711
9434446625
17
PRADHAN
9417239452
7417653485
9760000511
9837172799
Customer Feedback
With the help of Mr. S. K. Mondal and the database
provided by him we contacted few of the XTRAPOWER
Fleet Card customers on behalf of the IOCL, here are the
extract of the feedback:Name of Customer
Feedback
Contact
No.
T S MAAN TRANSPORT * All cards are 9897104104
COMPANY
active and we are
happy with the
service
SUPERINTENDENT
OF * need 114 vehicle 7407526196
POLICE DARJEELING
specific cards and 6
master cards more
AARPEE INFRAPROJECTS * All cards are 8116602920
P LTD
active and we are
happy with the
18
service
COMMANDANT
* Active customer
but
complaining
about discrepancy
NATIONAL
EXPRESS * active card 27 *
CARRIER
use the card from
Parikh
service
station * happy with
the service
VIKAS GUPTA
* 10 active card due
to downsizing the
number of vehicle
S N BOSE AND CO
* All cards are
active and we are
happy with the
service
B S TRANSPORT AGENCY * All cards are
active and we are
happy with the
service
SURESH BANSAL
*
Card
active;
happy with the
service
FRIENDS CONSTRUCTION * All cards are
active and we are
happy with the
service
M P AGARWAL
* All cards are
active and we are
happy with the
service
HYDERABAD
* He agreed to use
MUZAFFARNAGAR TPT the service more
CO
frequently
RENTAL CARS
* all card are in use
and they are happy
with the service
NAND KISHOR SWAMI
* card active and
happy
JAYANTA KR MODAK
* cards are active
and happy with
9434756327
9335451199
9855606537
9434066550
9002514642
9434012413
9733225109
9332872055
9897917698
9434744710
9474349126
9434112714
19
service
MANOHAR SINGH
* Cards are active
and Customer is
happy
GWALIOR MOTOR
* Cards are active
but more Driver
awareness
is
required
KRISHNA
KUMAR * Cards are active
GROVER
and Customer is
happy
BHARAT MARBEL
* Cards are in Pump
and active
9733203824
9915410054
9815232244
9475762624
20
21
Mio Amore
Arvind
Bose
Feedback
* Wants to meet rep., Contact
Person-Rakesh(9437170570),
Addrs:1st Floor Plot No 392,
Leavit Road ,Bhubaneswar,
Bhubaneswar, Orissa ( Central
) - 751001
* Already with BPCL for last
seven years without any single
complaint and they are happy,
if IOCL can offer them the
service which they can't refuse
they will consider IOCL for
next year
* Not interested at present
* Centralized distribution,
suggested to contact Bangalore
hub
* They have small fleet and
that too outsourced, so not
interested at present
22
VII.
23
VIII.
IX.
X.
XI.
XII.
XIII.
XIV.
XV.
XVI.
XVII.
24
Features
Fleet Cards
Xtra Power
(IOCL)
Smart Fleet
(BPCL)
Drive Track
(HPCL)
Trans Connect
(RIL)
Yes
Yes
Yes
Yes
Instant Redemption
Yes
Yes- Select
Customers
Yes
No
Redemption Option at
Retail Outlet
Yes
No
No
No
80000
After 3
months
After 3
months
100000
Reward Items
Fuel, Lubes,
Gift Items
Lubes, Gift
Items
Fuel, Lubes,
Utility Items
Fuel, Lubes
1.5
15
15
30
50
Yes
Yes
Yes
Yes
10
Yes
Yes
Yes
Yes
11
Yes
Yes
Yes
Yes
12
Yes
No
No
No
13
Insurance Cover
Yes
No
No
No
14
Yes
No
No
No
15
24 X 7 Help line
Yes
Yes
Yes
Yes
Offerings
25
26
Limitations:
1. SMALL UNIVERSE
The Universe for this study is too small therefore the findings
may not truly represent the conditions in the entire industry.
2. PROBLEM OF ACCESSIBILITY
It was very difficult in approaching the executives or the
students as they would be busy, despite prior appointments;
they were inaccessible at times being engaged elsewhere.
3. CONSTRAINTS OF TIME
The respondents due to non availability of time could not
discuss many aspects of the topic in depth.
4. LACK OF INTEREST
Many respondents were just not interested in interacting as
they considered it to be a waste of time, a non lucrative
approach. This negative approach was quite impairing.
27
Conclusion:
Customer loyalty comes in three phases. The first derives
from Location. The next phase is meeting the needs of the
customer profile. The third phase down is retailers loyalty
programs. Most consumers are multi loyal.
The key to a successful business is a steady customer base.
After all, successful businesses typically see 80% of their
business come from 20% of their customers. XtraPower is a
step of IOCL towards building loyalty among the existing
customers. Loyalty program works only if the customer is
emotionally attached to the brand.
The best way to keep customers loyal is to provide a good
product or a service that provides good value for money.
Branding alone will not make customers loyal, but backup a
good product and customer service with branding and loyalty
will develop quicker.
Knowing which customer groups are more important to us
allows crafting recognition and rewarding strategy that piques
their interest.
Much more has to be done and much improvement is required
to compete with world class companies in the downstream
sector like Reliance etc. as these companies like Reliance,
Essar, ONGC are to set up their own retail outlets in future
and will be giving a tough competition to Indian Oil.
28
Appendix:
Fleet Card Users in West Bengal
Data is taken from various places in west Bengal through direct interact with customers and
Retail Outlets on the base of percentage.
AnalysisAbove table shows that out of 100 respondents, 55 respondents are using IOCL XtraPower
fleet card, 30 respondents are using BPCL SmartFleet & 15 respondents are using HP drive
track.
InferencesFrom the above analysis it shows that, 55% of respondents IOCL customers, 30% of
respondents BPCL customers & 15% of respondents are HPCL customers. It means that most
of the customers are using IOCL customers and they are satisfied with IOCL products
including fleet card.
29