main whirlpool
TRANSCRIPT
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Introduction
Whirlpool India
Whirlpool India is a subsidiary of Whirlpool, a US-based company. Whirlpool was
established in 1911. The company started it‟s operatons in India in late 1980s
under a joint venture with TVS Group. The company has it‟s presence in more than170 countries. In 1995, whirlpool acquired Kelvinator India Ltd.
Whirlpool start its operations in India
Whirlpool‟s international outlook was initiated in 1958 when it entered Brazil, butit was the „80‟s that marked the beginning of Whirlpool‟s aggressive strategy to be
a worldwide competitor. India was identified as a growth market in late „80‟s when
Whirlpool Corporation entered into a joint venture agreement with TVS group to
produce automatic washers at a plant set up in Pondicherry. This was a modest
beginning was made to establish the Whirlpool brand in India
In 1995 Whirlpool Corporation acquired Kelvinator of India Limited and entered
into the Refrigerator market in India. In late 1995 majority ownership was gained
in the TVS joint venture and the two entities were merged to form Whirlpool of
India Limited in 1996.
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Company Profile
Name: Whirlpool India.
Board of Directors: Dalton Nigel D‟Silva (Executive Chairman)
Raj Jain (Managing Director)
Anand Bhatia (Independent Director)
Registered office : Plot No – A4 MIDC Ranjangaon, Tal- Shirur,
District- Pune, Maharashtra-419 204.
Corporate Office : Plot No – 40, Sector- 44,
Gurgaon, Haryana-122 022.
Employees Strength: All over India: 1400.
Manufacturing Units: All over India 03.
Works: Ranjangaon (Maharashtra)
Faridabad (Haryana)
Thiribhuvanani (Pondicherry)
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History
1987: Whirlpool tied-up with Sundaram Clayton Ltd. of India to form TVS
Whirlpool Ltd.
1989: This was a historic year since the revenues catapulted to heights of over
$6 Billion mark. Also, the joint venture with N.V.Philips of Netherlands called
Whirlpool Europe B.V. was formed to manufacture and market appliances in
Europe.
1991: The company introduced and committed globally to its Worldwide
Excellence System, which is a TQM program dedicated to exceeding customerexpectations. The vision to globalize 'Whirlpool Corp'. Was realized in the
same year.
1995: Whirlpool Corp. acquired majority of stake in the TVS Whirlpool Ltd.
The DC manufacturing facility of Kelvinator India was also acquired.
1996: Whirlpool Washing Machines Ltd. and Kelvinator India Ltd. merged
together to form Whirlpool of India Ltd.
1998: This year gave birth to a new company vision that says, "Every Home
Everywhere with Pride, Passion & Performance."
1999: Whirlpool of India crossed the milestone of 1 million sales of
appliances.
2001: Whirlpool India registered profit & sold 1.2 million appliances. It also
achieved the No.1 position in DC & FA.
2002: The Aircon range was successfully launched and the Whirlpool of India
acquired 6% market share.
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2003: A new mission statement of "Everybody creating loyal customers for
life" was adopted.
2006: Whirlpool Corporation acquires Maytag and become the largest
consumer durable goods company.
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Awards Won By Whirlpool
Whirlpool Corporation has been honored with two iF Product Design Awards
2009, respectively, for the Whirlpool Glamour Oven and for
GREENKITCHEN, a kitchen eco-system design concept. The announcement
was made in Nov 08 by the iF Industries Forum Design GmbH., and
represents GREEN Kitchen's second design award in the past two months,
following its Gold SPARK Award, won in October 2008.
2009: Hewitt „Best Employers in India‟ 2009 Study
2009: Whirlpool was voted Product of the Year and received the award for the
'Best Innovative Product' in the popular refrigerators category. This was based
on 40,000 consumers across 36 towns in India voting Whirlpool Frost Free
Refrigerators with 6th sense as the Best Innovation in the Popular Refrigerator
Category
2008: Named one of the “2008 World‟s Most Ethical Companies”
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Products
Refrigerators
Whirlpool refrigerators, trusted by homemakers across the
globe come with: 6th Sense™ cool system for superior cooling in the peak of
summers.
Unique utility features to add that ''magic'' to homemaking
Range of storage capacity to suit needs. Energy efficient technology for
cooling retention during power cuts Sleek designs and contemporary.
Washing Machines
Whirlpool has been synonymous with excellence in
fabric cleaning and care electronic equipments.
6th sense is women intuition captured by technology. It enables machine to
adjust water level and detergent quantity depending on wash load and fabric
type.
Stain wash: Brings together unique properties of Hogwash and 1-2 , 1-2 hand
wash to completely remove all common household stains.
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Air Conditioners
Whirlpool is the most trusted name in household appliances
sold in summer season .Whirlpool has wide variety and smartest, most
intelligent range of cooling solutions. The Whirlpool Mastermind series of AirConditioners. Built to perfection and loaded with host of unique features, the
Mastermind series offers the best of technology, design and unbeatable built
quality to meet cooling requirements.
Microwave
Whirlpool have a range of Microwave ovens designed to re-
define ease, convenience and variety in cooking with : A range of microwave
ovens made just for India Plenty of choice in capacity and types.
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100% Dryer
Whirlpool with its leadership in fabric care solutions
worldwide brings a 100% dryer exclusively designed and developed to help
cope with the Indian weather conditions: The 100 percent dryer comes with amultiple drying programs which give the best drying for your clothes.
UPS
Whirlpool is the most recognized brand in home appliance
globally. Products are engineered to suit the requirements of ''''smart,
confident and in-control'''' homemaker. The product range is designed in a way
that it employs unique technology and offers consumer relevant solutions. In
addition to its existing product range, Whirlpool now comes up with new
addition in the range of power accessories "Elantra" H-UPS. This H-UPS
comes with a two year warranty. With Elantra get the advantage of a host of
features, international quality and an exciting range.
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About Ranjangaon (Pune) Plant
Whirlpool have three manufacturing plant in India and Ranjangaon plant
is one of them, located 65 Km away from Pune is on the Pune -Ahmadnagar
highway and located in Shirur Taluka, Pune-District ,Maharashtra.
Board of directors : Mr. Raj Jain ( MD)
Mr. Ram Nataranjan (Head Of Operations)
Mr. Amit Verma (Head Of Product Development)
Mr. Sanjay Bhasin (Head Of Export Department)
Year of Establishment : 1996
Nature of Business : Manufacturer, Exporter.
Number of Employees : 250.
Turnover : More than US$ 100 Million (Rs. 400 Crore Approx.)
Whirlpool India's success story began in 1996, with the setting up of a
430000-sq-ft plant at a green field site in Ranjangaon. In October 1997, its
first no-frost refrigerator rolled out of the Ranjangaon facility, and commercial
production was underway by February 1998 .
An investment of about U.S. $80 million went into setting up a multi-
technology plant that today manufactures no-frost and direct cool refrigerators,
The plant works with a team of 46 suppliers from whom get components and
finished parts. "Despite the large number of suppliers and the stock keeping
units (SKUs) that manufacture at Ranjangaon, the pant have a 30-second
cycle - that is, every 30 seconds a machine is getting packed for delivery,"
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The Pune plant‟s design center has online connectivity with the other
Whirlpool design centers enables a continuous flow of work. Optimum
utilization of expensive modeling and analysis software is ensured as Indiansoftware engineers based in India work on it when the U.S. offices are closed.
To maintain export quality a positive rub-off on the quality of products
being manufactured for the domestic market as well. While Whirlpool
brand's performance in the domestic market is noteworthy.
This is assembly plant of the whirlpool where the parts required for
refrigerators are already available which is manufactured in another plant
and some parts are manufactured in this plant.
Assembly include 100% part fitting of the Refrigerator and after having
complete assembly there is a checking unit in which there is testing of
all parts and all functions is done.
This include testing of cooling of the refrigerators, checking of electronic
parts, fitting of the all parts of the refrigerator.
After finding all these things are ok then it is ready for the outer
finishing process, this include fitting of the doors and outer body of therefrigerator.
After this there is packaging unit which do packaging of the refrigerator
and then it distributed to storage unit.
While packaging the refrigerators which are for export are packed in
special containers which are totally shock proof and material used is
water proof and fire resistant.
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Export Of The Whirlpool
The first shipment to Hong Kong was made in April 1998.
Whirlpool India is one of the largest exporters of home appliances from India.
It exports include:-
1) Refrigerators2) Washing Machines.3) Micro waves4) Air Conditioners
5) Kitchen appliance
Whirlpool has three World class factories manufacturing a wide range of Refrigerators and Washing Machines.
Their appliances are exported all over the globe from Australia & NewZealand in the East right up to Central America and the Caribbean islands inthe West.
Apart from World Class factories, Whirlpool has also set up its Global
Product Development Centre‟s in India where hundreds of engineers andtechnicians are working round the clock, developing product designs for theentire Whirlpool world.
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Major Export to Countries
Whirlpool has high global standard which exports in near about 70countries but here are some major countries where it exports:-
1. South Africa
2. Australia
3. Germany
4. New Zealand5. Hong Kong
6. Japan
7. Malaysia
8. Sri Lanka
9. Thailand
10. Central America
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Export Department:
Then Whirlpools Export department do the negotiation with the customer
based on the specification and requirement of the customer. Export department
discuss with the production department to check the feasibility of the
customer, production department check the available capacity of production to
fulfill the customer orders and then export department finalize the order within
company after approval from the production department.
Export department do all the calculation of profit and check the feasibility of
the order. Then export department give their quotation of the order tocustomer by mail and courier. Export department do the negotiation with
customer and after that order is finalized by the agreement between export
department and the customer.
Then export department process the final order to production department and
give them lead time for production and dispatch of order Ex factory as per
customer‟s requirement. Production department plan do the production
planning and prepare the Raw Material requirement which is send to vendors
to supply the raw material requirement. Production is done as per the lead time
requirement of customer and this material is dispatched from factory to the
company‟s warehouse on the backside of the plant at Ranjangaon.
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2. Consignment Shipment from Warehouse to Port
Warehouse
Preparation of
Consignment
Dispatch to Port of
Discharge
Documents to 3 PL:
1. Customer Invoice
2. Certificate of Origin
3. Marine Insurance of Goods
4. Certificate of Inspection
5. Bill of Lading
6. Confirmation on Board.
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Warehouse Operations:
In warehouse of Ranjangaon plant the packaging is done with the exportquality requirement cardboard which is printed with all specification of the
product. An important stage after manufacturing of goods or their procurementis their preparation for shipment. It involves labeling, packaging, packing andmarking of export consignments. Labeling is differing from country to countryand the same ascertained well in advance from the buyer. The label indicatesquality, quantity, method of use etc.
Marking means mark the address, number of packages etc. on the packets. It isfor identification purpose and provides information on exporters' mark, port of destination, and place of destination, order number and date, gross, net andtare weight and handling instructions.
Preparation of Consignment:
Warehouse prepares the various consignments of the countries for the differentcustomers. For Example- consignment for Europe customers is prepared in 40Ft containers of the third part logistics (3PL logistics).
Whirlpool uses various 3 PL logistics such as Mearsk Sea land, Om Logistics
and TCI (Transport Corporation of India).
For Example: Consignment for Europe is prepared as per the requirementwhich is exported from Mumbai Port to Antwerp Port.
Then this consignment is send by the road transport from pune to Mumbai byroadway by 3PL to port of loading.
Whirlpool give the customer invoice and Bill of Lading to carrier and onecopy of that is send to the dealer located in the export company.
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Customer invoice contains:
1. No of units in the consignments
2. Price per Unit
3. VAT terms
4. Other terms and conditions.
Bill of Lading contains:
1. Consignee name and address
2. Port and date of loading Consignment
3. Port of discharge and receipt of Consignment
4. Name of Carrier
5. Mode of Transport: Marine Pack Cargo (MPC) normally
6. Other terms and conditions between Company and carrier.
Certificate of Origin:
Whirlpool gives certificate of origin of the products to the carrier and one
copy is send to customer by mail or courier. Certification of origin mentions
the products technical specification and warranty terms provided to the
customers.
Marine Insurance
Marine insurance of goods is done by the Insurance Company which ensures
the repayment of Goods in case of damage or any unforeseen accident during
the transportation of goods.
United India Insurance Company Limited does the marine insurance of
Whirlpool shipments to all export countries
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Confirmation of Board:
Finally when the consignment is loaded at Port of Loading the 3PL prepares
the COB (Confirmation on Board) which contains the final schedule which is
not subject expects and unforeseen troubles.COB contains followinginformation:
1. Final Date of Loading of goods at the Port in India
2. Final date of Discharge at the port in Export Country
3. Carrier Name
4. Contains of Consignment
5. Customs clearing agency name in Export Country
6. Mode of transport
Schedule in COB is almost final and do not subject to change in normaloperating conditions.
Customs Clearance at the Port in Export Country :
The customs clearance at the port for example at Antwerp port inEurope is done
By the company Sea freight FCL. Which forward documents for customclearance and release the containers after customs clearance to the carrierfor dispatch to the customers by roadway.
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INCO TERMS USED BY WHIRLPOOL INDIA.
The Whirlpool India do the business on following INCO terms;
1.CIF Basis (Cost, Insurance & Freight):- Whirlpool India having the
transaction on the CIF basis, it means that the responsibility of the Whirlpool
to send the goods to their clients is up to only the point from where the goods
are going to be exported generally. Then after that all the cost like insurance of
the goods, freight for the ship should be paid by the importer.
2.FOB Basis (Free on Board):- When the contract is signed between the
importer & exporter on the FOB basis then all the cost should be paid by the
exporter.
3.X-WORKS:- In the X- Works basis type of contract the exporter do only
production of the goods as per the PO (Purchase Order) and packing &
labeling of the goods. Then all the transportation cost of the goods from the
exporter factory to the importer warehouse should paid by the importer; all the
shipping freight, insurance cost and custom duty.
4.DOOR DELIVERY: - In the Door Delivery type of contract the exporter is
responsible for the goods until it reaches to the importers warehouse. Then all
the transportation cost of the goods from the exporter factory to the importerwarehouse should paid by the exporter; all the shipping freight, insurance cost
and custom duty.
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5.Free Carrier (Named Point) FRC: The Whirlpool uses this term which has
been designed particularly to meet the requirements of modern transport like
'multi-modal' transport as container or 'roll-on-roll-off' traffic by trailers and
ferries. The principles on which the term is based is same as applicable to
FOB except that the seller or the exporter fulfills his obligations when he
delivers the goods into the custody of the carrier at the named point.
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EXPORT DOCUMENTS
Whirlpool India involving the following documents in their Export:
1. commercial In voice:-
The Whirlpools commercial invoice is a bill for the goods from the Whirlpoolto the customer. A commercial invoice includes basic information about thetransaction, including a description of the goods, the address of the shipperand seller, and the delivery and payment terms. .
2. Certificate of origin:-
Whirlpool gives certificate of origin of the products to the carrier and one
copy is send to customer by mail or courier. Certification of origin mentions
the products technical specification and warranty terms provided to the
customers
3. Inspection Certificate:-
This certificate is usually prepared by a third party logistics i.e by the TCI or
Mearsk which are 3PL of whirlpool. This certificate include inspection
of the quality of the Whirlpools products, Consignment inspection which
inspected by the Export inspection agency which issued by that agency.
4.
Dock receipt and warehouse receipt:-
The Whirlpool uses these receipts to transfer accountability when the export
item is moved by the domestic carrier to the port and left with the international
carrier for export.
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5. Insurance certificate:-
United India Insurance Company Limited do the insurance of the
whirlpools consignment which is financial protection against the happening
of accidental or fortuitous events.
This certificate is issued by United India Insurance Company for
Whirlpool which contain period of the insurance which is starting and
ending date, insurance value, proximate clauses etc.
6. Export packing list:-
Whirlpools Export packaging list contains information of material in each
individual package and indicates the type of package: box, crate, drum, carton.
It shows the individual net and gross weights and measurements for each
package .
The company surrenders all these documents to the CHA (Custom House
Agent) and then on the behalf of the Whirlpool India the CHA does later
documentations and in return he gives three documents to the Whirlpool;
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ROLL OF ECGC & COMMERCIAL BANK
ECGC- Export Commission Guarantee Council.
When Whirlpool India received any purchase order from foreign customers
then they willing to check the credit worthiness of the customer & in this case
ECGC help them. ECGC having the contacts with the other nations embassy‟s
& they provide the information about their imports & exporters. On this basis
Whirlpool India decide whether the order should accept or not.
ECGC also giving the assurance to the domestic exporters for getting their
payment from the importers. As the ECGC is providing the credit worthiness
of the foreign importers then somewhere in the whole transaction the ECGC is
also responsible for the payment from the importer.
Like this the ECGC helps to the domestic importers & exporters by providing
the various types of information.
All the transaction between the importers & exporters are carried out through
the domestic commercial bank of both the nations. The importer decides one
commercial bank of his nation i.e. called as negotiable bank and same the
exporter also. The exchange of the documents between the two parties & the
payment between the two parties are done through these two banks. The banks
can make the payments in foreign currencies with the permission of the RBI.
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Export Of The Whirlpool In Year 2008-2009
Out of Rs 175 cr
Country Sale(Cr)
South Africa 30
Australia 25
New
Zealand
10
Germany 20
Japan 20
Malaysia 15
Sri Lanka 10
Thailand 5
Central
America
40
South Africa
17%
Australia
14%
New
Zealand6%
Germany
11%
Japan
11%
Malaysia9%
Sri
Lanka
6%
Thailand
3%
Central
America
23%
South Africa
Australia
New Zealand
Germany
Japan
Malaysia
Sri Lanka
Thailand
Central America
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The whirlpools export Business has achieved a turnover of Rs 175Crores. in 2008-2009
The company‟s major domestic appliance export business registered a
healthy 30% turnover growth in spite of economic recession in year2009.
The highlights of the year was the runway success of the products indemanding markets like OCEANIC ( Australia, New Zealand) where thereis a gain in record market share.
Increase in market share also seen in SAARC market.
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Global Brands Of The Whirlpool
MAYTAG
AMANA
KITCHEN AID
BAUKNECHT
GLADIATOR
CONSUL
BRASTEMP
JENN – AIR
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Sample Of the Export documents
Commercial Invoice
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Certificate of Origin
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Bill of Lading
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Summary
The project titled “Whirlpool India Pvt Ltd and Its Export Procedure” is
undertaken to understand the procedure and documents involved in export of
electronics goods and to study the various aspects.
This report focuses on the procedure of export and the various documents
involved in export of electronics goods. It covers the various products
produced by Whirlpool, their procedure to export the finished electronics
goods...
The study is done in Indian scenario and with respect to the Whirlpool India
Pvt Limited. I studied the various products produced at Rangangaon plant and
their export to various regions, departments and documents involved.
Whirlpool, right from its inception in 1911 as first commercial manufacturerof motorized washers to the current market position of being world's numberone manufacturer and marketer of major home appliances, has always setindustry milestones and benchmarks.
Whirlpool exports all types of consumer durable equipments produced in India
which are of International standards and exported to various regions like
Europe, Middle East, Central America and other developed countries and their
export is up to 170 Crores.
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Whirlpool is the multinational country and this project is done in India
scenario. Export procedure is studied in Indian context.
This is research based project in which the primary data is collected
from the interviews of the professionals who are concerned with the export in
the organization and main focus of project is on export procedure and
documents and various departments involved in it is studied . Secondary data
is collected from Magazines, Internet and from various books.
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Bibliography
Whirlpool plant - Ranjangaon MIDC ,Shirur,Pune
www.whirlpoolindia.com
www.google.com
Export, Import Procedures and Documentation Book.
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