Monitoring and Evaluation on Mahindra
EXECUTIVE SUMMARY
As we know that Mahindra & Mahindra Co. Ltd. is a production unit. When ever production term comes then first thing comes in our mind that is inventory.
Because inventory is base for any production unit so, when we control and manage the inventory properly then the company is benefited. (By reducing holding and carrying cost of inventory.) Thus after studying inventory Management the important activity which is done on quarterly basis in the account department is Budgetary
Control in which operating Budget expenses is to be control in Mahaindra &
Mahindra Co. Ltd. Nagpur Branch.
A Budget is a plan which relates to a definite period of time and which is expressed in quantitative terms.
It is thus a predetermined statement which
incorporates the policy of the management during a given period and serves as a standard for comparing the actual results. Thus a budget is a tool in the actual results.
Thus a budget is tool in the hands of the management which serves as a guide to all the employees in achieving their goals objectives and targets.
A budget can help us a planning and coordination with all the employees, and departments, but the most important factor is that it is used for control purposes at all levels of management.
M & M s Farm Equipment Sector is the largest manufacturer of tractors in
India with sustained market leadership of over 19 years.
It designs, develops,
manufactures and markets tractors as well as implements which are used in
1
conjunction with tractors. The tractor industry in Indian is segmented by horsepower into the lower segment of 25 HP, segment of 35 HP and higher segment of 45 HP and above. The Company s Farm Equipment Sector has a presence in all these segments across all states.
M & M Co. Ltd. Farm equipment sector has four plant locations in Rudrapur,
Jaipur, Nagpur & Kandivalli. The project work is done for Nagpur branch. This branch is certified for ISO 9001,
As we know that Mahindra & Mahindra Co. Ltd. is a production unit. When ever production term comes then first thing comes in our mind that is inventory.
Because inventory is base for any production unit so, when we control and manage the inventory properly then the company is benefited. (By reducing holding and carrying cost of inventory.) Thus after studying inventory Management the important activity which is done on quarterly basis in the account department is Budgetary
Control in which operating Budget expenses is to be control in Mahaindra &
Mahindra Co. Ltd. Nagpur Branch.
A Budget is a plan which relates to a definite period of time and which is expressed in quantitative terms.
It is thus a predetermined statement which
incorporates the policy of the management during a given period and serves as a standard for comparing the actual results. Thus a budget is a tool in the actual results.
Thus a budget is tool in the hands of the management which serves as a guide to all the employees in achieving their goals objectives and targets.
A budget can help us a planning and coordination with all the employees, and departments, but the most important factor is that it is used for control purposes at all levels of management.
M & M s Farm Equipment Sector is the largest manufacturer of tractors in
India with sustained market leadership of over 19 years.
It designs, develops,
manufactures and markets tractors as well as implements which are used in
1
conjunction with tractors. The tractor industry in Indian is segmented by horsepower into the lower segment of 25 HP, segment of 35 HP and higher segment of 45 HP and above. The Company s Farm Equipment Sector has a presence in all these segments across all states.
M & M Co. Ltd. Farm equipment sector has four plant locations in Rudrapur,
Jaipur, Nagpur & Kandivalli. The project work is done for Nagpur branch. This branch is certified for ISO 9001,