MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION GRADUATION THESIS INTERNATIONAL BUSINESS IMPROVING THE SALES PROCESS OF THE SALES DEPARMENT AT HAINAM AUTOMATION TECHNOLOGY JSC INSTRUCTOR: MBA. NGUYEN KIM HANH STUDENT: NGUYEN VIET THANH SKL012744 Ho Chi Minh City, April 2024 MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION FACULTY OF ECONOMICS GRADUATION THESIS MAJOR: INTERNATIONAL BUSINESS IMPROVING THE SALES PROCESS OF THE SALES DEPARMENT AT HAINAM AUTOMATION TECHNOLOGY JSC Instructor: MBA. Nguyễn Kim Hành Student: Nguyễn Việt Thành Student ID: 20136145 Thu Duc City, April 2024 i INSTRUCTOR’S REMARK 1. Student Information Name: Nguyễn Việt Thành Student ID: 20136145 Class: 201361A Faculty: Economy Major: International Business 2.
Nguyễn Kim Hành Instructor’s comments. Thu Duc City, April 2024 Intructor i PROMISE STATEMENT I hereby declare that this research work is independent and original. The data and information about the business in this thesis are solely used for research purposes. The research findings presented in this thesis are truthful and have not been previously published in any other scientific works.
Author Intructor Nguyễn Việt Thành ii ACKNOWLEDGEMENT First and foremost, the author would like to express sincere gratitude to the esteemed professors currently teaching at the Faculty of Economics, Ho Chi Minh City University of Technology and Education. These educators have imparted valuable knowledge and practical experience to the author throughout their time at the university. Additionally, they have provided opportunities for every student, including the author, to engage with and experience the real-world work environment within various enterprises. During the process of seeking internship placements, the author developed proactivity and honed effective communication skills.
While interning at a business, the author gained deeper insights into the practical work environment, as well as a clearer understanding of industry-related tasks. The author also accumulated invaluable experiences from colleagues, fostering confidence, dynamism, and a proactive approach in both work and life. The author extends heartfelt gratitude to Professor Nguyen Kim Hanh, who guided the author during the internship and the completion of their graduation thesis. The author greatly appreciates the professor’s dedication and enthusiasm toward students.
Professor Nguyen Kim Hanh consistently assisted the author in resolving challenges during the internship period and ensured the timely completion of the graduation thesis. Finally, the author would like to express sincere gratitude to Hai Nam Automation Technology Joint Stock Company for providing the author with the opportunity to accompany the esteemed company on the path of career development. Additionally, the company has offered the author invaluable experiences that cannot be found elsewhere. The author appreciates the professional work environment and the enthusiastic, dynamic, friendly, and excellent colleagues at the company.
The author extends thanks to fellow colleagues at Hai Nam Automation Technology Joint Stock Company for their continuous care and assistance during challenging times, from the initial probation period to the author's official membership iii in the company's workforce. The experiences gained here will be extremely valuable for any enterprise where the author has the opportunity to develop their career in the future. Given that the author's tenure at the company was only six months, there are still limitations in the author's knowledge of work and business. Therefore, the graduation thesis authored by the author may not be without flaws.
The author hopes to receive sincere feedback and constructive comments from the instructor, allowing the author to learn and improve the graduation thesis to the best of their ability. The author feels very grateful to have completed this thesis. iv LIST OF ABBREVIATIONS Abbreviation symbol Full name BMS Building Management System PMS Power Management System SCADA Supervisory Control And Data Acquisition R&D Research and Development L/C Letter of Credit M&E Mechanical and Electrical JSC Joint Stock Company AHF Active Harmonic Filter ATS Automatic Transfer Switches UPS Uninterruptible Power Supply RMU Ring Main Unit BOM Bill of Materials v LIST OF IMAGES Image 1. Formation and Development of Hai Nam Company.
Organization Chart of Hai Nam Automation JSC. Sales Department with DEIF’s Board of Directors. Hai Nam’s quotation process. Single Line Diagram of LTIA Project.
Specification of LTIA Project. Summary project bidding process. An example of the owner of Long Thanh International Airport Project. An example of the supervision consultants of Long Thanh International Airport Project.
An example of the design consultants of Long Thanh International Airport Project. An example of the Vietur consortium of Long Thanh International Airport Project. An example of the Subcontractor of Long Thanh International Airport Project. Image of Hai Nam Company.
Image of Hai Nam’s supplier. Net Revenue of Hai Nam. Operating capacity of Hai Nam. Profitability of Hai Nam.
55 vi LIST OF TABLES Table 2. List of sales department employees currently working at the headquarters. Net Revenue of Hai Nam. The Net Revenue Difference Between The Years During The Period 2020-2022.
Operating Capacity of Hai Nam. Indicators that affect operational capacity. Profitability of Hai Nam……………………………………………………………54 Table 2. Profitability of Hai Nam………………………………………………………….
Table of number of technical sales staff……………………………………. Table comparing the ability to offer V.E options between good - technical sales staffs and normal sales staff…………………………………………………………………. Payment term planning………………………………………….…………………63 vii CONTENTS MINISTRY OF EDUCATION AND TRAINING. iii LIST OF ABBREVIATIONS.
v LIST OF IMAGES. vi LIST OF TABLES. Reason for choosing the topic. Overview of the research.
Research Subjects and Scope. Research methodology and data. Structure of the Thesis. THEORETICAL FOUNDATIONS OF SALES ACTIVITIES.
Theoretical foundations of sales activities. Concept of Sales. Essence of Sales Activities. Role of Sales Activities.
Theories of Sales. Role of the Sales Process. Objectives of the Sales Process. ANALYSIS OF THE CURRENT STATE OF THE SALES PROCESS AT HAI NAM AUTOMATION TECHNOLOGY JSC.
History of formation and development. General introduction to the company. History of formation and development. Company’s business sector.
Organizational Structure of the Company. Hai Nam’s partner and customers. Analysis of the sales process. Evaluation of the Sales Process.
Analysis of key business performance indicators of the company phase 2020 – 2022. Net Revenue Indicators for the Period 2020-2022. Indicators of Operating Capacity for the Period 2020-2022. Profitability Indicators for the Period 2020-2022.
SOLUTIONS TO IMPROVE THE SALES PROCESS IN THE SALES DEPARTMENT. Enhancing technical knowledge for employees. Improve methods of exploiting customer information. Solutions to reduce the time spent on pricing.
Mitigating risks in payments during sales. Reason for choosing the topic After Vietnam’s liberation, it was a backward and underdeveloped country. At that time, the nation not only suffered the aftermath of war but also faced numerous economic difficulties due to the U. This situation hindered the development of domestic industries.
However, in just over 40 years, seizing the opportunity when the U. lifted the embargo on Vietnam in 1994, our country made significant progress. Vietnam has become an influential nation in Southeast Asia and Asia as a whole. The economy has developed, and the domestic manufacturing industry has made continuous advancements.
Alongside this growth, towering skyscrapers and large-scale factories have sprung up like mushrooms. Numerous construction projects are underway, and M&E system play a crucial role in their success. Switchboards and total power automation solutions are essential products related to providing power for these projects. The market for switchboards and total power automation solutions is fiercely competitive.
To avoid being left behind, businesses engaged in switchboards manufacturing and total power automation solutions must constantly innovate and improve. While there are many factors contributing to a company’s success, sales activities play the most critical role in determining its prosperity. However, not every business has the capability to establish optimal sales processes and policies. Recognizing the importance of sales operations within a company, the author decided to focus on the topic: Improving the sales process for the sales department at Hai Nam Automation Technology Joint Stock Company.
Overview of the research 2. Giải pháp hoàn thiện quy trình bán hàng của Công ty TNHH Sản xuất và Thương mại phát triển Việt Nam. Giải pháp cải tiến quy trình bán hàng tại khách sạn Grand Plaza Hanoi. Biện pháp nâng cao hiệu quả hoạt động bán hàng tại công ty TNHH Vinafor (Doctoral dissertation, Fpoly Hà Nội).
International research Çağlıaltuncu, M. Evaluation of a Sales Process and Development Needs (Master's thesis). Research objectives The Research aims to study and understand the sales process of sales department at Hai Nam Automation Technology Joint Stock Company. It involves analyzing the current sate of sales and policies of the sales staff within the company and exploring factors that influence the company’s sales activities.
Based on this foundation, the study provides evaluations, observations, and comprehensive solutions to enhance the sales process and improve overall effectiveness in the company’s sales operations. Research Subjects and Scope Research Subject: Sales process at Hai Nam Automatic Technology Joint Stock Company. Scopre of space: At Hai Nam Automation Technology Joint Stock Company. Scope of time: Statistical data on business activities of Hai Nam JSC from 2020 to 2022.
Research methodology and data Data collection method: Secondary data sources include company reports spanning the period from 2019 to 2022. Primary data is gathered through direct observation of real-world situations and active participation in the sales activities of the business. Data interpretation and analysis method: 2 Based on fundamental theories from the field of business activity analysis and general economic courses, the author analyze the collected data, processes, and sales policies. Synthesis method: The author selectively utilize information from various sources such as books, newspapers, the internet, and personal experiences gained while working at the company.
These insights are then consolidated to complete the report. Structure of the Thesis The structure of the thesis includes 3 chapters : Chapter 1: THEORETICAL FOUNDATIONS OF SALES ACTIVITIES. Chapter 2: ANALYSIS OF THE CURRENT STATE OF THE SALES PROCESS AT HAI NAM AUTOMATION TECHNOLOGY JSC. SOLUTIONS TO IMPROVE THE SALES PROCESS IN THE SALES DEPARTMENT.
THEORETICAL FOUNDATIONS OF SALES ACTIVITIES 1. Theoretical foundations of sales activities 1. Concept of sales Selling is an economic activity aimed at selling goods from manufacturers to various consumer groups in society. However, due to different approaches and research purposes, there are various interpretations of sales in practice.
According to Philip Kotler, ‘Sales is a direct introduction to goods and services through exchange and conversation with potential buyers in order to make a sale. Comer defines sales as ‘a process in which the seller identifies, stimulates, and satisfies the needs or desires of the buyer to meet the legitimate, long-term interests of both parties. Ernest & Richard Ashmun believe that ‘Sales is the process of identifying the needs and desires of potential buyers, introducing products in a way that leads the buyer to make a purchase decision.’ Therefore, despite differences in expression and scope, these concepts share common elements. Overall, selling involves more than simply meeting the needs and desires of buyers; it includes stages of understanding, discovering needs, and even creating needs before fulfilling them for the buyer.
Essence of sales activities The essence of sales activities is not only to ensure the rights of the seller but also to safeguard the interests of the buyer. Individuals in the sales force hold various titles, such as salespeople, sales representatives, customer relationship managers, and more. However, they all share the common characteristic of interacting with customers and being directly responsible for selling a company’s products or services. Role of sales activities Selling plays an incredibly important role in business operations.
First and foremost, sales involve the fundamental task of directly moving goods from surplus locations to places with demand. According to the law of supply and demand, in places where goods are abundant, prices tend to be low. Conversely, in areas where goods are scarce, prices are higher.