ON
“STUDY OF INVENTORY MANAGEMENT OF TEXTILE INDUSTRY”
30th Batch
PGDM (FINANCE)
Guided by-
Prof. Ahuti mishra Project Guide (Internal)
Summer Interim Report
INTRODUCTION:-
Name of the company:- Bhaskar Industries pvt ltd
Title-study of inventory management of textile industry.
Duration of project:-2 months.
Location: - Mandideep, Bhopal (M.P)
COMPANY PROFILE:- Bhaskar groups have many sectors working in the current scenario such as media, printing, textile, FMCG, oils and internet service provider. The Bhaskar group is mainly famous due to newspaper and printing business, they have extended them self into textile sector in year 1995 and have set up the plant in industrial area of Bhopal at Mandideep. They gives finished denim fabric and also produces cotton and yarn. It is the type of company which produces their raw material itself. This company was incorporated in 1985 as a public limited company.
Bhaskar denim is in collaboration with NEXT, ZARA, TOMMY HILFIGER, MAVI JEANS etc.
I acquired the knowledge of inventory management of the company and which method it follows and how they manage their inventory.
OBJECTIVE:- 1. To study the inventory management with ratio analysis. 2. To find impact of inventory on working capital. 3. To study inventory management and its effective control through various techniques. 4. To suggest the measure for improving inventory management.
DATA COLLECTION:-
The data collected by me is from two sources:
PRIMARY DATA:-It was collected by interviewing other employees who were working in the organization.
SECONDARY DATA:-It was collected from the annual financial report, audit report and official website of the company.
RECOMMENDATIONS:-
Proper communication should be establish between inventory department and other departments so that proper flow of information is