A SUMMER TRAINING PROJECT REPORT ON INVENTORY MANAGEMENT IN JUBILANT ORGANOSYS LTD. GAJRAULA‚ (U.P.) PROJECT REPORT SUBMITTED IN PARTIAL FULFILMENT OF MASTER OF BUSINESS ADMINISTRATION OF Uttar Pradesh Technical University Under the Guidance of: Mr. Anil Kumar Goal (Finance Faculty) IVS Institute of Management (Mathura) Submitted By: VAIBHAV AGARWAL M.B.A. IIIrd Sem. Roll. No. 0730870025 [pic] IVS Institute
Premium Inventory Manufacturing Supply chain management
Methods of Increasing Productivity Utilizing Inventory Control Systems Master of Science in Operations Management Your Name Date Instructor Term University of I. Introduction The scope of this research paper is to discuss inventory control systems as they relate to the overall production for a company. I will first discuss production factors for companies and costs associated with high inventories. Then‚ switch the focus to describe‚ discuss‚ and compare Just-in-time (JIT) Production and
Premium Kanban Manufacturing Enterprise resource planning
1. INVENTORY A in X The inventory of Product A and data on purchases and sales for a two-month period in Company X follow. Company X closes its books at the end of each month. It uses a periodic inventory system. Apr. 1 10 17 30 Beginning inventory Purchase Sale Ending inventory 50 units 100 units 90 units 60 units @€204 @€220 May 2 14 22 30 31 Purchase Purchase Purchase Sale Ending inventory 100 units 50 units 60 units 200 units 70 units @€216
Premium Inventory FIFO and LIFO accounting Revenue
Rutgers Department of SCMS Xiaowei Xu Inventory Concepts 1 Rutgers Department of SCMS Xiaowei Xu Definition of Inventory • Inventory is the stock of any item or resource used in an organization and can include: raw materials‚ finished products‚ component parts‚ supplies‚ and work-in-process • An inventory system is the set of policies and controls that monitor levels of inventory and determines what levels should be maintained‚ when stock should be replenished‚
Premium Inventory Supply chain management
Transport - Inventory - Task 1.1 Itemise some of the inventory held by the following operations: Hotel: Food and beverages‚ bed sheets‚ toiletries‚ cleaning equipment Hospital: Syringes‚ overalls‚ bed sheets Retail Store: Clothing‚ food‚ drinks Task 1.2 Using the above illustration‚ what do you consider to be the aim of the inventory management? Are there any conflicts likely to occur for inventory control? I consider the aim of the inventory management is
Premium Inventory Supply chain management
INVENTORY MANAGEMENT Meaning and Definition of Inventory: In dictionary meaning of inventory is a “detailed list of goods‚ furniture etc.” Many understand the word inventory‚ as a stock of goods‚ but the generally accepted meaning of the word ‘goods’ in the accounting language‚ is the stock of finished goods only. In a manufacturing organization‚ however‚ in addition to the stock of finished goods‚ there will be stock of partly finished goods‚ raw materials and stores. The Collective
Premium Inventory Supply chain management
average of four is 44.20 indicating that apparel retailers require hefty gross returns in order to cover significant expenses associated with operating their businesses. Zara’s leadership in this industry can be attributed to their quick response system and its ability to drive costs out of the supply chain. Gap having the lowest percentage which indicates that company having problem over their supply chain and high cost of goods sold relative to sales The net profit margin formula looks at how
Premium Inventory Generally Accepted Accounting Principles Financial ratios
Inventory Management SANJAY VARDANI 4/7/2010 Accman Institute of Mangement Acknowledgement Letter Dear Sir/Madam‚ Subject: Project on Inventory Management‚ I deeply acknowledge the support of Prof. Subir Guha who initially helped and motivated us to embark on this strenuous .I would like to give thanks to providing me an opportunity to make this project. Name & Title of Authorised Representative: Signature: College Name and Address: Telephone
Premium Inventory Management
Part One: Inventory Management and its role within the Supply Chain Inventory management is a method through‚ which a business handles tangible resources and materials to ensure availability of resources for use. It is a collection of interdisciplinary processes including a full circle from the demand forecasting‚ supply chain management‚ inventory control and reverse logistics. Inventory management - is the optimization of inventories of manufactured goods‚ work in progress‚ raw materials
Premium Supply chain management Inventory
6208.30 | 5382.00 | 4649.80 | 3988.80 | Net Block | 7520.70 | 5529.40 | 5024.70 | 4070.80 | 3296.50 | Capital Work in Progress | 1406.30 | 1428.60 | 387.60 | 861.30 | 736.30 | Investments | 6147.40 | 5106.70 | 7176.60 | 3173.30 | 5180.70 | Inventories | 1796.50 | 1415.00 | 1208.80 | 902.30 | 1038.00 | Sundry Debtors | 937.60 | 893.30 | 809.90 | 918.90 | 655.50 | Cash and Bank | 2436.10 | 2508.50 | 98.20 | 1939.00 | 324.00 | Loans and Advances | 2140.10 | 1626.30 | 1739.10 | 1809.80 | 1173
Premium Balance sheet Inventory Asset