The Commercial Division of ACI Limited

Abstract

Executive Summary This internship report depicts and summarizes my experiences as a commercial apprentice at ACI. The reports aim is to provide a clear and precise overview of the company, its different functional departments, and its core duties, how the company runs its business, and my roles in this organization. ACI is a giant FMCG company with focus on globally scalable products. Our core focus is to meet the need of daily usable products of the customers. During my internship, I was primarily involved in the commercial team where our core objective was to handle the customs hassles of the company. In this report I will share my experience of working at ACI Limited. From the internship, I have learnt how to conduct work realistically after obtaining theoretical concepts as a business major. This report fulfills the requirement of my degree. A company has to deal with customs and port authority to run its import and export businesses. I have worked on LC related activities and made the company paperless. This report contains the history of ACI Limited. It depicts the current scenario of the business of the company. It provides the information about the background and sister concerns of ACI Limited. It provides tag the information about the company’s corporate objectives and corporate strategy. It provides the information of products and services that are produced by the company. It elaborates the commercial practices of the company and the Letter of Credit opening and settlement. It elaborates the general functions of the Commercial Department. It elaborates the mission, tagline of the company. It has information of the partner companies of ACI. This report does analyze the FMCG industry, its market size, rising demand of FMCG products, key takeaways of FMCG products and their benefits. It elaborates the market dynamics by region and diverse industry applications. It strategically assesses the industry using porter’s five forces and SWOT analysis. It also discusses about the competitors in the market like Reckitt and Unilever. The report discusses the daily internship main activities. It also discusses the collaborative work environment of the company and the software applications utilized during the internship period. It analyses the firm from company, market and professional point of view. Finally, the report reaches to a conclusion by recommending some changes for the company for the betterment of the company.