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8/7/2019 Snapshot on the RMC market in India
1/17
Western Auto RACE Pvt Ltd.,
An Overview on the Ready Mix Concrete (RMC) Market-
Research Process & Methodology
Confidential 1
Disclaimer- We assure that the views expressed in this document accurately reflect our views based on primary and secondary research with all stakeholders. We take no responsibility for any incorrect information supplied to us by the
stakeholders .No part of this document reflecting confidential may be given, lent, resold, or disclosed to non-customers without Written permission. Furthermore, no part may be reproduced, stored in a retrieval system, or transmitted in
any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the permission of the publisher.
8/7/2019 Snapshot on the RMC market in India
2/17
Western Auto RACE Pvt Ltd.,
Validation
Research-Primaryresearch
Awardannouncement
by BPG
Preliminary
Research-Scope &
objectives
AwardPresentation
PressRelease
Movers &Shakers
Research Process
Draft for phase 1presentation-Brainstorming
Stage 1
PreliminaryResearch
Scope &Objectives
Stage 2
EstablishingKey Metrics
Definingoverall samplesize
Resourceallocations(research,marketingdesign
Stage 3
Secondaryresearchactivities
Stage 4 Stage 5 Stage 6 Stage 7 First cutreview-Analysis
reporting &presentation
Finalconclusion/recommendations/Key
takeawaysforstakeholders
ExecutionMethodologyfor effective
implementation
Validationof stage1,2,3 &primaryresearchactivities
2Confidential
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd.,
Understanding of the subject matter & defining the scope & objective
To understand the business of our customer who transport materials related to said domain theiroperating challenges, their need for products & service solutions which will enable them to improvetheir business and also market position for Mahindra Navistar.
Set objectives for learning like-
1. Business dynamics2. Process/value chain3. Present transport methodology, products & services4. Buying pattern
5. Alternative transport solutions6. Fleet management
7. Perceptions/ Gap8. Operating conditions/problems9. Performance & safety
10. Regulations
Confidential 3
Stage 1
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd., Confidential 4
To understand the Concrete market in India- overview, market size, growth rates,market drivers & challenges
To provide the cost economics of operating of transportation
To provide an overview on the vehicles demand/projections & growth rates
Improving Acceptance of Mahindra Navistar vehicles in RMC application.
To generate revenue for the company.
Stage 1Scope & Objectives
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd., Confidential 5
RMC
Ready-mix concrete (RMC) is a ready-to-use material, with predetermined mixture of cement, sand,aggregates and water. RMC is a type of concrete manufactured in a factory as per specifications of thecustomer, at a centrally located batching plant. Concrete is the most versatile mouldable construction materialwhere intricate shapes can be achieved. It bears excellent fire and weather resistant properties.
Types of RMCM20, M30, M40 Grades of concrete indicates compressive strength of concrete in Newtons for one mm2 areawhich is called the characteristic strength of concrete after 28 days. M20 mean 20 N/mm2 similarly M30 is 30N/mm2.
Concrete is Made by using cement, sand and blue metal in different ratios.M 15 :1:2:4 ratio .M 20 :1:1.5:3 ratio .
Concrete can be made in two ways :
1. By Batching Plant : RMC (Ready mix concrete)2. By Manually using Portable Concrete Mixer
BatchingMeasurement of various ingredients of concrete like sand, metal and cement for each batch of concrete perdesign is called batching. Volume batching and weigh batching are the two types of batching in vogue
Stage 1Overview & Definitions
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd.,
Stage 1- Cont..
Cement being a vital component in RMC process is only 11.0%
India is the second largest cement producer in the world with205 million tonne cement capacity.
The consumption of cement is the highest in South.
RMC assures its customers numerous benefits: Uniform, consistent and assured quality of concrete Flexibility in concrete design mixes Easier addition of admixtures Faster and speedier construction Reduced inventories, material handling and storage of raw materials at sites Savings in labour requirements, labour costs and supervision of labour Reduced wastage of materials
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd., Confidential 77
Stage 2Setting the Research Process
Specify the time and financial costFor each research approach, develop time & financial cost estimates & compare to the
estimate value of the information & time constraints imposed by the problem
Evaluate the ethics of the research
Review all the aspect of the research to be certain that it is ethically sound
Select the analytical approachDetermine the appropriate means of analyzing the data to provide the required
information
Select the sample
Determine who and how many respondents or objects to measure
Select the measurement techniqueDetermine whether and how to use questionnaire attitudes scales, observation and or
projective technique
Select the data collection methodDetermine whether secondary data, a survey or experimentation will produce the required
data and choose the form of the selected method (s) to use
Estimate the value of the information to be provided by the researchUsing either judgment or the expected value approach estimate the value of information
with varying levels of accuracy
Define the research problem
Specify the information required to help react to the managment problem is concerned with discovering the generalnature of the problem & the variables that
relate to it. It is characterized by a highdegree of flexibility, and it tends to rely onsecondary data, convenience or judgementsamples,surveys, caseanalysis.
Exploratory research
is focused on the accurate description of thevariables in the problem model. Consumerprofile studies market-potential studiesproduct usage studies, sale analysis, pricebenchmarking are examples of descriptiveresearch
Descriptive research
attempts to specify the nature of thefunctional relationship betwen two or morevariablesin the problem model
Casual Research
Research Design Process Categories of Research
This research is Exploratory
& Descriptive
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd.,
Stage 2Setting the Research Process- Sampling Techniques &
Considerations
Random sampling
Systematic sampling
Stratified samples
Quota sampling
Cluster sampling
Area sampling
Primary Considerations in Sampling Population- determining who can provide the required information Sample frame- develop a list of population members Sampling Unit- determine the basis for drawing the sample (individuals, households, city blocks etc) Sampling Method-determine how the sample will be selected
I.Probability- members are selected by chance & there is a known chance of each unit being selected.II.Nonprobability- members are selected on the basis of convenience or judgment or by some other means rather chance.
Sample Size- determine how many population members are to be included in the sample. Sample Plan- develop a method for selecting & contracting the sample members Execution- carry out the sampling plan
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd.,
Est. Key Metrics- Sample Metrics
To grow from x% to y% in a specified time frame. To achieve the desired market share in the segment (product, market, service
specific) To measure customer satisfaction index To achieve desired volumes in the application, market, segment etc New product development Penetrate new geographic region JV or M&A activity To achieve the desired cost economics
Confidential 9
Stage 2
Metrics can be evolved on detailed discussions with Mahindra Navistar team
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd., 10
Stage 3Research Base- Secondary
In depth secondary research using appropriate database and other secondary sources
Online journals Industrial magazines, texts Internal database Articles
Desk search
Primary interviews with industry experts, competitors and end users.
Contact list development Discussion guide /Questionnaire Discussion data collations & analysis Management review of findings & draft report
Also Note: The Methodology will also include several follow-up calls, profiles exchanges, emails, and the documentation as whenrequired at various stages
Confidential
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd.,
Metrics can be both qualitative & quantitative
Confidential 1111
A mixture of telephonic based& face-toFacesurvey of key decision makers onthetopic of Mining IndustrywasIdentifiedby RACE. A total of 55respondents are highlighted
Stage 2
The above stakeholders, geographic coverage can be customized based on the definitions. With regards to(Small), M (Medium) & L (Large) the parameters will be set based on revenues, product line etc.
Small Medium Large Small Medium Large Small Medium Large Small Medium Large
Mgmt 1 1 1 1 1Operating 2 2 1 1Field 2 2 1 1Mgmt 1 1 2 1 1 1 1 1 1Operating 1 1 1Field 1 1Steel 1 1 2 1Cement 1 1 1 1 1Construction 1 1 1 1Mining 1 1 1 1 1 1OtherMgmt 1 1 1OperatingField 1 1Mgmt 1 1 1 1Sales 1 1 1 1
Experts/Govt Bodies 1 1 1Others (drivers,loaders,labor) 3 4 3 2
Total 4 5 18 5 3 15 1 2 11 3 5 8
East West
Stakeholders
Truck OEM's
Financiers
End-user Industries
Body Builders
Transporters
North South
Contact Levels
ApproximateProjected
sample size80
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd., Confidential 12
CompanyName Web Address
Location/Address
ContactName Title
ContactPhone#/Fax
ContactEmail
ACC Concreteltd
Mumbai022-40772600
Godrej & BoyceMfg. Co. Ltd.
Mumbai
022-67962001
IJM ConcreteProducts PvtLtd
Blre80-
41226740
India CementsLtd
Chennai
044-28592476
RMC Readymix(I) Pvt Ltd
Mumbai
022-26547000
Stage-3Secondary Research- Templates for Purview
Contact List & Discussion Guide
Commercial Vehicle Manufacturer in the Construction Industry-Questionnaire
Date:
Respondents name:
Position: Full Address:
Telephone:
Fax:
E-mail:
Other Contact Names:
Objective : to capture expert views on key industry issues & trends on the Construction Industry
1)
Could you provide us with a brief description about the current line of operations in the Construction
Industry (with respect to load type-
2)
Can you also elaborate on the kind of terrain (rough, smooth, deep surface etc) & gradient (degree of operation) is the current operation being carried out?
3)
What is the range of vehicles used (tippers, trailers etc) being used in the operation based on capacity(smaller, medium, heavy range)?
4)
What is the average number trips & load capacity carried out per month?
5)
Do any geographic regions present particular advantages or opportunities?
6)
Is product development reactive to end-user feedback and demand?
7)
How do you manage your sourcing needs with respect to components, spare parts etc?
8)
Are local players more prominent in this market than the major OEM?
9)
Are there any service agreements in place if so? How do you organize your service network (on call/set up near the location)
10)
What is the percentage break-out of OEM direct sales, vs. indirect sales?
11)
Are the products sold to public sector / private sector end-users through public tender and are theyreimbursed? What is the reimbursement scenario? try to prompt with country specific trends youalready know
12)
What are the key factors that contribute to achieving competitive advantage in this market (companysize, marketing, R&D, time-to-market, differentiation, cost advantage, core competency of a particularplayer in a particular category or product, innovation, entry barriers, M&As, strategic alliances, etc)
Questionnaires will vary for different stake holder within the
Industry-(End-user, Marketing, Product, Senior mgmt etc)
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd.,
PARTICULARS SITE-MIXEDCONCRETE READYMIXED CONCRETERaw Material Near Mixer at site At Batching plantWeighing Manual ComputerisedMoisture Control Approximate Lab ControlW/C ratio Manual(approx.) ComputerisedDosing of asmixture Manual(approx.) ComputerisedMixing Tilting mixer Non tilting single shaf t mixerDischarge Platform Transit mixer/pumpRate 3 Cu.m/hr 30 Cu.m/hrDegree of Control fair excellentYield variable consistentTesting of fresh concrete once in 25 batches every batchSelection/Sourcing Client/consultant skilled RMC personnelTesting Client/consultant skilled RMC personnelstorage multi locational single pointstorage space large limited and compactrequirementDelivery Manual Transit MixerMode Manual/Hoist/Crane Concrete pumpRate 1.5 Cu.m./hr 30 Cu.m./hr.
Production
Quality
Placing
RawMaterials
Stage 3- Difference Between Site-Mixed Concrete &Ready Mixed Concrete
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd., Confidential 14
Analysis, Findings, Data
572
950
1457
3667 3740
4224
4752
88 106 127
3667
4400
5280
6336
0
1000
2000
3000
4000
5000
6000
7000
Y 07 -08 Y 08 -09 Y 09 10 Y 10 -11 Y 11 -12
volume
year
8x4 6x4 TT Volume Potential
12222 vehicles are currently in operation as on
Y07 08
c
Details Y 07 -08 Y 08 -09 Y 09 10 Y 10 -11 Y 11 -12Output -Concrete / day cum 220000 264000 316800 380160 456192Concrete carried / vehicle /day 18 18 18 18 18
Cum Vehicles required 12222 14667 17600 21120 25344Net Requirement of Vehicles /year 0 2444 2933 3520 4224Expected Replacement of old vehicles @ 10 % 1222 1467 1760 2112Volume Potential 3667 4400 5280 6336
8x4 572 950 14576x4 3667 3740 4224 4752TT 88 106 127
8/7/2019 Snapshot on the RMC market in India
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Western Auto RACE Pvt Ltd., Confidential 15
Stage 4, 5, 6Research Base-Primary
Key decision makers on the topic of Construction Industry & Equipmentmanufacturers were interviewed by RACE.
Participate in their companys view on the overall construction industry -growth, trends, investments, locations, competitive trends, drivers,challenges, market size , recommendations, forecast, forward lookingstatements etc. Several equipment manufactures on the price trends,
technology, distribution, sales trends, customer buying behavior. Etc.
The following professionals within organizations were surveyed: Management team Operating team (commercial & technical) Field Team Other include- drivers, loaders, labor etc
Analysis the customer requirements
Qualitative & quantitative analysis
Brainstorm & develop concepts &ideas
Specific outputs for internalstakeholders
Impact of Concepts/Issues/Comments onStakeholders (color highlights in the grids)
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Western Auto RACE Pvt Ltd., Confidential 16
Stage 7
Define/ re-define product /service based on the concepts ideas on the voice of customeranalysis
Form an Internal & External Cross Functional Team (CFT)
Product Matrix-Pricing Matrix-Network/Service Mapping- Distribution
Organizing Work Shops
The above are a few execution methodologies applied for implementation strategy
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Western Auto RACE Pvt Ltd., Confidential 17
Each stage of the project can be executed in detail based on specified requirements fromthe Client.