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    INPLANT TRAINING

    IN

    SRI SOWDESWARI SPINNING MILLS pvt.ltd

    JALAKANDAPURAM

    By

    G.PERUMAL

    Reg. No. 63112631027

    Of

    VSA GROUP OF INSTITUTIONS

    VSA SCHOOL OF MANAGEMENT

    SALEM 10.

    Submitted to the

    FACULTY OF MANAGEMENT STUDIES

    In partial fulfillment of the requirements

    for the awarded of the degreeOf

    MASTER OF BUSINESS ADMINISTRATION

    JULY-August 2013

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    BONAFIDE CERTIFICATE

    Certified that this report is a bonafide work ofPERUMAL.G,63112631027,II MBA,

    and VSA SCHOOL OF MANAGEMENT, NH-47, UTHAMASOLAPURAM, and

    SALEM 10 who undergone the training work under my supervision. Certified further that to

    the best of knowledge the work reported here in does not form part of any other report on the

    basis of which a degree or award was conferred on an earlier occasion this or any other

    candidate.

    Faculty Guide Head of the Department

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    DECLARATION

    I confirm that I have undergone my inplant training, Sri Sowdeswari Mills Pvt Ltd

    Jalakandapuram. Being submitted in partial fulfillment for the award of MASTER OF

    BUSINESS ADMINISTRATION (MBA) is the original work carried out by me. It has not

    formed the part of any other project work submitted for award of my degree, either in this or

    any other university.

    Signature of the student

    PERUMAL.G

    (63112631027)

    I certified that the declaration made above by the student is true.

    Signature of the guide

    Mr.Vasanth Kumar

    (Lecture in management studies)

    Internal faculty External faculty

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    ACKNOWLEDGEMENT

    I would like to express my gratitude to A. RAJENDREN, M.A., Chairman of VSA

    Group of Institutions, Salem for giving me and opportunity and facility to complete this

    project.

    I would like to express my sincere thanks to Dr. G. MAHESWARAN, M.E., Ph.D.,

    Principal, VSA Group of Institutions, Salem who has been generous in providing all

    necessary facilities in carrying out this project.

    I am grateful to M.Naveen Kumar, B.E., M.B.A.,M.Phil.,(Ph.D), Department of

    Management Studies, for his constant support throughout the duration of study.

    My special thanks to my guide Mr.Vasanth Kumar for here timely and valuable help

    rendered to me for the successful completion of the project.

    I would like to thank the employees ofSRI SOWDESWARI SPINNING MILLS

    PVT.LTD and management and my friends for their advice and assistance for completing the

    project work successfully.

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    TABLE OF CONTENTS

    S.No Title Page No.

    1 CHAPTER-1

    21 . Abstract

    3 2 . Indust ry Prof i le

    4 3 .Company Prof i le

    5 CHAPTER-II

    6 1 . Administration Department

    7 2 . Human Resource Depar tmen t

    8 3 .P ro d u c t io n Dep ar tmen t

    9 4. Quality Control Department

    10 5. Stores Department

    11 6 .Marke t ing Depar tment

    12 7 . F inance Depar tment

    13 CHAPTER-III

    141.Swot Analysis

    15CHAPTER-IV

    16 1. Findings

    17 2 .Conclusion

    18 3 Bib l iography

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    LIST OF TABLE

    S.No Title Page No.

    1 Company profile

    2 Production Centers

    3 Purchase Of Cotton

    4 Stages Of Marketing

    5 Financial Results

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    LIST OF CHART & FIGURES

    S.No Title Page No.

    1 Organizational Chart

    2 Human Resource Chart

    3 Production Department Chart

    4 Production Layout Design

    5 Marketing Department

    ABSTRACT

    In this project, an attempt has been made to study of the Welfare Measures

    available at Sri Sowdeswari Mills Pvt Ltd The factories Act, 1948 lays stress on improved

    ki di i f h k l d i i d i d i Thi A i li

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    providing better working conditions, such as proper lighting, heat control, cleanliness, low

    noise level, toilet and drinking facilities, etc.,

    In SSP Welfare measures like Canteen, Education, Medical, Service dress,

    Township, Monet, Motivational Scheme like incentive scheme for Non executives scheme, andexecutives scheme, Market Executive Reward scheme, Nehru award, Jawahar award, good

    work scheme, Suggestion scheme, Incentive for higher studies. SSP also provide Advances like

    Festival Advance, Vehicle advance and House building advance etc.

    In order to study the objective, the data have been collected through Primary

    survey by administrating a detailed questionnaire to section of the employees selected at

    random. The sample size is 150 and is collected randomly. The simple percentage analysis isused to know the satisfaction level of the employees regarding welfare measures. It is observed

    that overall the workers are satisfied with the facilities.

    Suggestions were made based on the findings. The existing facilities such as

    First aid, Night duty allowances, Restroom, Funeral expenses can be improved for further

    satisfaction of workers.

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    CHAPTER-I

    INDUSTRY PROFILE

    COTTON TEXTILE INDUSTRY

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    The countrys cotton production has been steadily on the rise with better farm practices.

    The average yield has increased to 500 kg per hectare. From a level of importers of cotton,

    India has become an exporter of cotton earning a name in the international market.

    Presently India is second largest cotton producer in the world next to US and about to

    overtake the US as the number ONE in the next couple of years. It is the result of various

    factors. Primarily because of rising cultivations of BT. cotton (Bacillus thuringnsis) and reduce

    the farmers input costs, while the yield as well as quality are substantially much larger

    compared to traditional varieties. In view of this development, the cotton cultivation acreage

    has been steadily going up in India. The farmers have become more knowledgeable to follow

    scientific methods to cultivate high yielding long staple cotton varieties.

    Besides individual mills are also simultaneously taking steps to improve the cotton

    production along with Technology Mission on cotton (TCM), the cotton development research

    Associations of organizations (CITI), South Indian Textiles Mills Association (SIMA) and

    Tamil Nadu State Textile Corporation (TSTC). The resultant factor is quality and quantity of

    raw material supply has substantially improved in the country. Due to globalization of our

    economy, the conscious of quality inputs and pricing have become competitive to the

    international standards and prices. Supply of quality raw material availability sources of raw

    material from major cotton exporting countries.

    Every organization is a deliberate and planned Endeavour of people whose common

    goal can be achieved through attainment of targets and goal by individual members in it. No

    organization can survive for long unless it takes care of prudent utilization of resources

    particularly human resources.

    In brief, good business is generally the result of good organization which can

    emerge only if it consists of good people who work together as a team. The textile industryoccupies a unique place in our country. One of the earliest to come into existence in India, it

    accounts for 14 per cent of the total industrial production, contributes to nearly 30 per cent of

    the total exports and is the second largest employment generator after agriculture.

    MISSION:

    To Purchase the creation of values for all its Customers, Employees ,members

    (shareholders) and society at large

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    VISION:

    To be a premier Textile company with a clear focus to become globally competitive

    through growth and Technology up gradation committed to excellence in quality service and

    co-operatives.

    COMPITATORS:.

    Modern days are the competitive days wherever you go, in which ever field you enter

    there is competition; one must know how competition in the market makes it absolutely

    necessary for manufacturers to think of advertising. For new product, strategies and by doing

    all these to in areas the sales.

    These following companies are the competitors of the G.C.T.M.

    Arthanari Loom Center Textile Pvt Ltd

    K R V Spinning Mills Private Limited Ltd.

    Akilaa Spinning Mills (P) Ltd,

    http://www.veethi.com/arthanari-loom-center-textile-pvt-ltd/YP46131https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDYQFjAB&url=http%3A%2F%2Fcorporatedir.com%2Fcompany%2Fk-r-v-spinning-mills-private-limited&ei=t2IDUrvsCY2PrgeR8YDoCw&usg=AFQjCNHsnwxxcdqSZnDAQH0t-Vbj7r39CA&sig2=doBJAHFGUtLmDE7qSHT51g&bvm=bv.50500085,d.bmkhttps://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDYQFjAB&url=http%3A%2F%2Fcorporatedir.com%2Fcompany%2Fk-r-v-spinning-mills-private-limited&ei=t2IDUrvsCY2PrgeR8YDoCw&usg=AFQjCNHsnwxxcdqSZnDAQH0t-Vbj7r39CA&sig2=doBJAHFGUtLmDE7qSHT51g&bvm=bv.50500085,d.bmkhttps://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDYQFjAB&url=http%3A%2F%2Fcorporatedir.com%2Fcompany%2Fk-r-v-spinning-mills-private-limited&ei=t2IDUrvsCY2PrgeR8YDoCw&usg=AFQjCNHsnwxxcdqSZnDAQH0t-Vbj7r39CA&sig2=doBJAHFGUtLmDE7qSHT51g&bvm=bv.50500085,d.bmkhttps://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDYQFjAB&url=http%3A%2F%2Fcorporatedir.com%2Fcompany%2Fk-r-v-spinning-mills-private-limited&ei=t2IDUrvsCY2PrgeR8YDoCw&usg=AFQjCNHsnwxxcdqSZnDAQH0t-Vbj7r39CA&sig2=doBJAHFGUtLmDE7qSHT51g&bvm=bv.50500085,d.bmkhttps://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDYQFjAB&url=http%3A%2F%2Fcorporatedir.com%2Fcompany%2Fk-r-v-spinning-mills-private-limited&ei=t2IDUrvsCY2PrgeR8YDoCw&usg=AFQjCNHsnwxxcdqSZnDAQH0t-Vbj7r39CA&sig2=doBJAHFGUtLmDE7qSHT51g&bvm=bv.50500085,d.bmkhttps://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDYQFjAB&url=http%3A%2F%2Fcorporatedir.com%2Fcompany%2Fk-r-v-spinning-mills-private-limited&ei=t2IDUrvsCY2PrgeR8YDoCw&usg=AFQjCNHsnwxxcdqSZnDAQH0t-Vbj7r39CA&sig2=doBJAHFGUtLmDE7qSHT51g&bvm=bv.50500085,d.bmkhttp://www.veethi.com/akilaa-spinning-mills-p-ltd-mettur/YP401404http://www.veethi.com/arthanari-loom-center-textile-pvt-ltd/YP46131https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDYQFjAB&url=http%3A%2F%2Fcorporatedir.com%2Fcompany%2Fk-r-v-spinning-mills-private-limited&ei=t2IDUrvsCY2PrgeR8YDoCw&usg=AFQjCNHsnwxxcdqSZnDAQH0t-Vbj7r39CA&sig2=doBJAHFGUtLmDE7qSHT51g&bvm=bv.50500085,d.bmkhttp://www.veethi.com/akilaa-spinning-mills-p-ltd-mettur/YP401404
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    COMPANY PROFILE

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    COMPANY PROFILE

    SRI SOWDESWARI SPINNING MILLS PVT.LTD., SALEM a company constituted

    under company act registered of register of companies, Salem under R.Arthanaari Chettiyar, asmanaging director of this concern decade textile.

    LOCATION

    The unit is situated at Jalakandapuram, Salem in state highway of Salem to Salem road and

    the mill is constructed in 3.45 acres land with building. The company has easy access of

    roadways.

    2.2 PRESENT PLAN:

    The Company is presently headed by Sri R. Arthanari Chettiar, Managing Director who

    is sincere, Motivated with hands on approach towards all issues and leading from the front. He

    is ably assisted by his sons A. Padmanaban and A. Saravanan. They have been involved in the

    running of the company for the past more than to decade and have acquired considerable

    knowledge in finance, textile and general management Sri A. Saravanan den grauatee and

    2.3 GOAL OF THE COMPANY

    FUTURE PLAN

    The company is planned for a forward integration, in the area of weaving, knitting and

    processing and also garments manufacturing for exports with in a period of 3 years.

    GROUP STRENGTH

    The company directors have own Power looms and Auto looms to consumed their yarns

    used to 50% of the mill yarn production.

    PROMOTERS OF THE COMPANY

    R. Arthanari Cettiar,

    Kandasamy,

    R. Chokalingam,

    Padmanaban,

    Saravanan,

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    Sri R. Arthanari Cettiar is the main promoter of the company, and he have good

    experience person in power loom fabric manufacture in jalakandapuram.

    At the time of incorporation of the company, the share capital was just Rs. 50Laks but

    now the authorized capital of the company is Rs. 85 Lakhs and the paid up capital is around Rs.

    75 Lakhs. Thus company has a prosperous growth in its life time.

    MILLS SITUATED AT

    Sri Sowdeswari Mills Pvt Ltd,

    Near Kattampatty,

    Jalakandapuram, Salem (Dt).

    2.4 BACKGROUND OF DIRECTORS:

    R.Arthanaari Chettiyar, as Managing Director, a long decade of experience in textile

    industries, he had run individual business dealing with yarn.

    A.Saravanan, Director, having long experience in textile industries, looking after

    manufacturing dealing with yarn and treading and accounts dept.

    The spinning mill adopted modern construction technology, construction and installed

    with all brand new machines, stated its commercial production from 15.10.03 and running

    without any break (even a single day) as on date and attaining maximum production.

    2.5 Product Profile

    The mill is capable of producing yarn of polyester/cotton blended yarn and

    established the following counts in India domestic market in yarn.

    1. 60 count polyester/ cotton blended yarn

    2. 60 count 100% cotton yarn

    3. 76 count polyester/ cotton blended yarn

    4. 82 count polyester/cotton blended yarn

    5. 100 count polyester/ cotton blended yarn

    6. 100 count 100% cotton yarn

    7. Polyester/ cotton blended yarn (as per market requirement percentage

    combination).The polyester/cotton yarn can be produced as per market

    requirement in different percentage combination like 65:35, 55:45 etc..

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    Name Sowdeswari spinning & weaving mills, kattampatti

    Status

    This Co-operative Society registered under the Co-operatives

    Societies Act of 1959

    Location Jalakandapuram,,Mettur( tk) Salem (dt),636501

    Chairman M.SARAVANAN

    Year of

    commencement 1995

    General

    Manager D.MANI

    Nature of

    Business Production and sale of YARN

    Situation

    Six kilometers north-east to Jalakandapuram town

    Membership

    and Share

    capital 3021 Co-operative societies and 500.71 Lakhs

    No of

    departments 4 [Four] Departments

    Number of

    employees 250 ,Male =100, Female=150

    Production

    capacity 8,500 kgs of yarn per day as per the 2012-13report.

    Storage

    capacity 7500 Million TON.

    Advantage

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    Electricity power

    Available load 1250kva. Required load; - 800kva. Hence required power is available.

    Also Stanly power. Generator is available.

    Labor

    Since the company is running for the past more than 15 years, they are having well

    trained staffs. Because of the continuous job scope and promotion, goodwill among the work

    force, additional labor required can be easily appointed.

    Transport

    The place is well connected by the roads from all sides. Hence transporting the raw

    material to the factory and finished goods to the market, transportation of labors and others

    factory is easier.

    PRODUCTION PROMOTION (SALES)

    The mill have professionally managed sales network and they proud to say that

    they are having their own sales office / depot at Coimbatore and having consignment

    agencies at Maharashtra, direct sales proceeds at local market like Tirupur, Erode, and

    Chennai. The smooth sales proceeds carried out by their consignment agencies and they

    were very prompt in payment, submission of bills and looking after all tax and legal

    formalities. Their goods have sold in market on demand Basis. The periodical visit to market

    by R.Arthanaari Chettiyar, Managing Director having survey on market count is back

    bone of success to withstood in yarns market.

    RAW MATERIAL

    The major raw material to the mill were polyester staple fiber. The cotton was

    procured from GUJARAT.

    The planned procurement of raw material by making payment in advance to get

    the supply of raw material in time without any interruption though out the year. And

    raw material cost is same in all over India...

    DETAILS OF UNIT

    The company is managed by efficient entrepreneurs with four decades of long experience

    and conducts in textile Industries in India.

    The company has successfully completed installation and running without break. Being in

    the textile industry for long time the promoters have already found well established and

    successful market outlet for the yarn manufactured by the company and by the and its

    performance from the inception till very satisfactory, especially for a newly started industry.

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    The company is very promoting in honoring payment to the supplier, and to the financial

    institution at all times.

    The company is maintaining very smooth relation with employee. The relationship with

    employee is well appreciated by all government officials whom they refer as a model to other

    companies.

    As on date the company is maintaining smooth relationship with government bodies such

    as Inspector factories, Electrical inspector, Labor Dept. Health Dept., Sales / central excise,

    Income tax Department, and Local bodies not having any quires or cases as on date.

    The unit consist of all brand new modern machineries all departments which capable of

    producing 9000 Kegs / per day. The blow room department was installed with fully automatic

    machine of LAKSHMI MACHINCE WORK LTD, in preparatory department, were installed

    with latest cards with auto leveler of LAKSHMI MACHINCE WORK LTD ,..and TEXTOOL

    LTD,...Drawing department auto leveler LAKSHMI MACHINCES WORK LTD,.. And

    TEXTOOL. The spinning department, with LAKSHMI MACHINES WORK LTD, TEXTOOL

    LTD. Machineries consist of 18000 spindles...The cone winding was installed with

    TEXTOOL LTD,.. And LAKSHMI MACHINCE WORK LTD with EYC and pneumatic

    splicer, auto

    concern with latest EYC

    To have strict quickly control the ultra-modern equipments were installed to check and

    control quickly parameters of yarn in their SQC lab.

    MAN POWER

    They required manpower is readily available nearby factory in addition to work men the

    technical manager and production supervisor were appointed with high academic and technical

    qualification.

    POWER SUPPLY

    The required power supply 1200KVA is supplied by TNEB in addition to the board

    supply the board the generators having capacity of 1500KVA installed to have uninterrupted

    production.

    QUALITY POLICY

    o Meeting the requirements of quality consistently.

    o Continuous improvement.

    o Up gradation of human resource.

    They are also committed to maintain a clean and safe environment throughout the organization.

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    QUALITY OBJECTIVES:

    Manufacturing and supply world class yarns for international markets.

    Up gradation of manufacturing and testing techniques based on customer.

    Maintaining the quality at various staged of production from receipt till delivery.

    Identifying and providing training on a continuous basis to all level of employees.

    PRODUCTION CENTERS

    STATE OF THE ART MACHINERY:

    The quest for quality has motivated SRI SOWDESWARI to install world class

    machinery from.

    1. Crosol

    2. Schlafhorst

    3. How

    4. Rieter

    Units Spindles

    Innos

    Prodn/day

    In kgs.

    Production

    Details

    REMARKS

    Unit I 27016 10,030

    Cotton yarn,

    Synthetic blends, slub yarn,

    Melance yarn and lycra yarn

    Marked in UK,

    Germany, Israel,

    Bangladesh,

    America, and

    domestic

    markets.

    Unit II 3272

    360

    (Rotors)

    1700

    2296

    Flax yarn, cotton yarn and its

    blends 103 OE Yarn

    Unit III 5240 1680 Cotton mlange yarn.

    DYEING

    Plant

    450 kgs.

    Of vessal

    Capacity

    600

    Yarn and fiber Dyeing

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    5. Hara cherry

    6. Murata

    7. Savio

    All our machines are less than 5 years old. All cards and cherry drawn frames are

    fitted auto levelers.

    QUALITY ASSURANCE:

    In pursuit of highest quality standard, SRI SOWDESWARI is confident of achieving

    this distinction by the end of 2010.Its highly disciplined and dedicated team technical

    excellence and achieving technical excellence and better productivity. Proper in-house

    monitoring and

    employees welfare schemes have given the right sprit and direction for SRI SOWDESWARI to

    function as a cohesive team. SRI SOWDESWARI is equipped with pilot test facilities

    including merging frames and knitting to test the yarn and fabric prior to shipment

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    ORGANISATONAL CHART

    M.D

    SUPERVISORDIRECTORS

    PERSONAL OFFICER [H R]

    TIME KEEPER

    SALES

    GODOWN KEEPER

    CHAIRMAN

    [Junior Manager]

    [Assistant Manager Spinning]

    [PRODUCTION SUPER

    VISOR]

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    CHAPTER-II

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    ADMINISTRATION DEPARTMENT

    Administrative department play very important role in the organization for its

    smooth running of the business and success of this company is mainly depending on the

    efficient administration of the G.C.T.M.

    This department looks after administrative functions such as payment of

    salaries, arrangement of meetings, and formation of policies etc, the general functions

    of this department are as follows.

    Maintenance of files, records etc. up to date, collecting and presenting data in the form

    of useful information from the records.

    Implementing the organization systems, procedures and policies in a coordinated

    manner.

    Ensuring smooth running of the office buy interfacing with the eternal agencies as

    required. For ex-payment of telephone bills, electricity, water supply bills etc.

    Maintenance of the office premises.

    Providing required facilities.

    PURCHASE DEPARTMENT:

    The purchase department is play the important role in every organization. To

    run the business continuously purchase department plays a vital role. Purchase

    activity has developed the long relationship with the vendors of the company.

    Purchasing is a social and managerial function which creates the value for productionunit. To satisfy the needs of the company there is a need of purchases as per

    requirements of the company by considering the price quality and quantity.

    OBJECTIVES OF THE PURCHASE DEPARTMENT

    The company should have deep knowledge of variety of cottons.

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    The company should know the Quality assurance

    Buying quality cotton.

    Experimenting the quality cotton.

    Proper arrangement of the transportation facilities.

    Minimizing transportation cost.

    Observing quality of the cotton.

    Minimization of the purchase cost.

    COTTON PURHASES:

    The mill purchase its cotton at the open auction held by co-operative namely Gadagcotton sale society and T.A.P.C.S.M. society of the Annigeri , Gokak and also mill has

    purchases cotton from other states like Maharashtra Federation Punjab Federation, Tamilnadu,

    and from CCI(cotton co-operation of India).

    The purchase department decides the when to purchase ,where to

    purchase and how much to purchase by discussing with a managing director and the

    production manager. Purchasing dept sends the purchase order to the vendors. The company

    major purchases are in CCI only. Because the required quality of the cotton is available in one

    place and also in more quantity

    PURCHASE PROCEDURE:

    The company collects the samples from the various suppliers.

    That cotton will be check in laboratory

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    After getting a results they are conducting a meeting at where they are finalizing

    which cotton to purchase.

    Then they bargain with the suppliers relating to the price. If suppliers if a farmer or

    any of the private cotton trader then the bargaining is necessary. If they purchase the

    cotton form CCI or MSCF the prices are fixed.

    The payment period is usually 30 days to all suppliers.

    Before bargaining with suppliers the company collecting the daily cotton market

    reports which helps them to determining the price.

    MAIN SUPPLIERS:

    Cotton corporation of India

    Maharashtra State Cotton Federation

    PVT Cotton Traders.

    From Members and Formers

    The following table indicates purchase of cotton.

    Year Cotton(lakhs kg)

    2007-08 10.37

    2008-09 12.37

    2009-10 8.67

    2010-11 11.40

    2011-12 13.83

    Table showing purchase of cotton from 2007-12

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    HUMAN RESOURCE DEPARTMEN T

    IV.1. HUMAN RESOURCE DEPARTMENT

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    Whole organization chart

    GENERAL MANAGER

    PERSONAL OFFICER[H R]

    TIME KEEPER

    OBJECTIVES OF H.R DEPARTMENT

    Manpower Planning

    Recruitment

    Training and Development

    Performance evaluation

    Wages and salary administration

    Statutory compliances

    Leave administration

    Grievance Redresser

    Personal counseling

    Compensations and Benefits

    Sources of recruitment

    Recruitment is the process of filling the vacancies. It is the first steps in selection

    process.

    In Cotton Mill direct recruitment method is used frequently for recruitment .The firm

    places job advertisement in Tamil and English newspapers. And in TV, media and tries to

    attract as much as caliber people from the outside.

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    The company also have internal recruitment for filling the post by efficient and skilled

    workers from the rank , promotion and Corporation have preferred local candidates who

    belongs to surroundings.

    There will be notice displayed on the notice board of the company and outside of the

    company and like that workers will be recruited.

    Methods of selection

    The basic requirement for employees is 10th pass and other office staffs and all will be

    according to the Govt norms. The General Manager will conduct the interview, and from that

    he will appoint the employee. While selection they will try to avoid very sick person and old

    persons.

    Training & Development for employees

    There will be regular training & development programmers for all levels of employees,

    i.e. Senior Management to lowest level workers regularly.

    Training need analysis

    How the training need is analyses for present employee, based on their performance or

    while technology advances. To improve the quality of production or to reduce the cost factor or

    avoiding accidents. Training need analysis is mainly done when a new worker joins the

    company or when a new machine is placed then for the machinery handling and maintenance.

    1 INTRODUCTION

    2 DESIGN INTEGRATED TRAINING ANALYSIS

    3 TRAINING ANALYSIS PROCESS

    INTRODUCTION

    Training can be described as the acquisition of skills, concepts or attitudes that result in

    improved performance within the job environment. Training analysis looks at each aspect of

    an operational domain so that the initial skills, concepts and attitudes of the human elements of

    a system can be effectively identified and appropriate training can be specified.

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    TRAINING ANALYSIS AS A PROCESS OFTEN COVERS: Review of current training

    Task analysis (of new or modified system)

    Identification of training gap

    Statement of training requirement

    Assessment of training options

    Cost benefit analysis of training options

    Training Analysis is most often used as part of the system development process. Due to

    the close tie between the design of the system and the training required, in most cases it runs

    alongside the development to capture the training requirements.

    DESIGN INTEGRATED TRAINING ANALYSIS

    K Tara Smith proposed and developed tools and methods for an integrated approach

    Design Integrated Training Analysis, where the trade-off s between design and training are

    both assessed in the light of the understanding of the operational tasks. This is being followed in

    sowdeswari Cotton Mills

    This approach also used information regarding recorded critical incidents to review

    proposed training and to provide traceability between hazards and training.

    TRAINING ANALYSIS PROCESS

    Over the last 20 years the critical nature of the man-in-the-loop has changed from

    simply manual dexterity and procedural operation to a state in which their decision making,

    cognitive abilities, data assimilation, communication skills, and attitude are all crucial. In

    addition the job structure of the personnel operationally involved with modern systems has

    diversified in direct proportion to the complexity of the technology. This has fuelled the need f

    or a formal approach.

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    The task of training can be broken down into a number of discrete components, each

    addressing a different part of the overall learning process. This breakdown is as follows: -

    Psycho-motor Skills Procedural Skills

    Knowledge Transfer Communication Skills Colossal Thinking Attitude

    Learning

    Performance training.

    The role of training analysis is to build a formal bridge between the available design

    data and the training media and training objectives, in order to facilitate the transfer of training

    elements into the operates environment.

    For complex multi-user system a user-to-task map is often constructed to present the

    relationship between the tasks and the identified team structure and also to identify new groups

    of users that would need to have an understanding of the system. The training gap is assessed

    by a comparison between the goals and tasks undertaken by the individuals and the existing

    training.

    There is a wide variety of training media that can be used, ranging from traditional

    lecture-based teaching to sophisticated simulators. Different media will be more or less

    appropriate for different activities. It is necessary to determine the most suitable and cost-

    effective training media for the different areas.

    There have been many different approaches defined however the system approach to

    training has been the most successful.

    Training Needs Analysis (TNA) is defined as the Identification of training

    requirements and the most cost effective means of meeting those requirements.

    Carrying out all TNA activates in accordance with SAT principles ensures rigorous

    visibility in each design stage with clear audit trails from the initial Scoping Study through to

    the recommended solution.

    Labor welfare facilities

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    There are several welfare facilities some are canteen, rest room recreation room, library etc.

    Some of the welfare activities undergone in the company are as follows,

    FIRST AID APPLIANCES

    The first aid boxes of cupboard shall be distinctively marked with a red cross on white

    background. First aid boxes shall contain sterilized dressing, sterilized burn dressings, one

    bottle of mercurochrome solution in water, and one bottle of adhesive plaster, sterilized eye

    pads, tablets of aspirin or any other analgesic. Polythene wash bottle containing potassium

    permanganate crystals. These first aid facilities are provided here in all departments.

    CANTEEN

    The company has a canteen which is one of the most efficient parts of the company.

    The canteen is working in all the shifts. The facilities are available to all the employees. Each

    employee is given tokens monthly. The management charges only a nominal amount for the

    fund. The amount is deducted from the salary of the employees.

    HOSTEL

    The company provides the facility for workers to stay within the campus of the

    company by having a hostel with it. With this facility, workers gain the place for shelter with

    free of cost. As per management side, they can acquire labor at exact time for working.

    TOILETS

    The toilets are built separately for each department with good water facility. For

    workers it is built separately in two areas for the convenience of the worker.

    APRONS MASK AND CAPS

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    To safeguard the workers from the dust, company is providing aprons, masks and caps

    for each worker, working in the company.

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    PRODUCTION DEPARTMEN

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    PRODUCTION DEPARTMENT

    Yarn is not a final product, only semi-finished goods. Production is any process

    developed to transform a set of input elements like men, material, capital formation

    and energy into a specified set of output elements lime finished products or services in

    proper quality than achieving the objective of an enterprises. The essence of production

    is the creation of goods.

    The production department involves in planning, (including purchase of raw

    materials) organizing, directing and controlling and controlling the production

    function.In SRI SOWESWARI MILLS PVT LTD, the purchase department is concerned with

    the purchase of cotton and stable fibers. Here cotton is the main raw materials.

    MR. A.SARAVANAN, General Manager Technical is heading the production

    department. He is the person who has a complete control for the production

    department. The supervisors heads each stage in production department and the

    supervisors records the daily activities and submit it to the General Manager. The

    General Manager who is being executed by the supervisor is fixing the production

    planning and control.The yarn is sold in cone form and Hank form. Cone yarn is used

    to make Power loom fabrics. Hank yarn is used in Hand loom sectors. The company is

    producing yarn in following varieties.

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    Department chart

    GENERAL MANAGER

    JUNIOR MANAGER JUNIOR MANAGER

    Assistant Manager Spinning Assistant Manager Spinning

    PRODUCTION:

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    Layout design

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    Production process

    MIXING AND BLOW ROOM

    Bales are different variety of cotton are opened and layer of cotton from able

    each are fed alternatively with a view to obtain uniform blend. For getting different counts as

    yarn, cotton of different variety and soft waste are mixed in a predetermined proportion. The

    cotton for each mixing is fed into the plant in the blow room where external impurities are

    removed. The compressed cotton opened into small tufts and a lightly compressed continuous

    sheet known as LAPS are rolled upon cylindrical rod. The waste obtained in the process are

    droppings, quality fly and lap bits. In the case of chute feed blow room the cotton converted

    into sliver bye-passing carding.

    CARDING

    In this department, the cotton is completely opened into individual filters.

    Cleared by removal of NEPS and foreign matters and silver is produced which is collected in

    cans. The waste in the process is sliver waste cylinder fly, flat strips, roller strips and

    sweepings.

    COMBING

    In combing process cotton fibers are separated by needles and predetermined part of

    sharp fibers is removed as waste and sliver is formed with suitable drafting. The fibers are

    arranged in parallel format combing is an optional process of manufacturing better quality and

    finer counts as yarn. This precedes the drawing and sliver laps process feeding.

    DRAWING

    In the drawing frame, sliver is produced by combing a specified number of sliver and

    stretching them proportionately, the waste arising in the process is sliver waste and sweeping.

    SIMPLEX

    In this process, the thickness of drawing sliver is reduced and sliver is give twist and

    wound on the bobbing. The production depends upon the spindle speed and twist per inch,

    number of spindles etc. the waste collected in the process is roving ends and sweepings.

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    RING FRAME

    The final yarn is spun on ring frame by drafting and twisting the rove from simplex.

    The draft end twists vary depending upon the count, quality of yarn required. The yarn is

    collected by winding on cops.

    CONE WINDING

    The yarn from ring frame is wound in cones suitable for market. In this process faults

    like thin and thick places are removed by passing through slit cleaner. The auto corner has

    facility of electronically cleaning the yarn and splicing instead of knotting in the conventional

    cone winder. Saleable hard waste is obtained in this process.

    DOUBLE WINDING

    Two yarn threads are wound parallel on a cheese on double winder.

    DOUBLING

    The yarn received from double winding is twisted on ring doubling machine and wound

    on cops. This yarn is taken to cone winding department for winding on cones for market.

    PACKING

    The yarn is packed in the poly woven bags for the market.

    Loading

    The cotton yarn cones will be loaded to very carefully without getting wet and all.

    One cones weight will be 1 .25Kgs.

    One bag will have of 40 cones and the weight of one bag will be 50Kgs.

    Unloading

    The raw cottons will be coming in bail forms weighing from 180Kgs to 200Kgs. The

    raw cotton will be coming from Gujarat, Andhra Pradesh etc. The raw cotton will be carried

    out carefully out to the go downs and from their each bail will be taken for cotton mixing and for

    the production of year.

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    Scheduling

    Production department functions around a clock by day and night shifts.

    The three shifts are

    7:30AM 3:30PM

    3:30PM 11 .30PM

    11:30PM 07:30A M

    Shifts constitutes of 8 hours including 1 hour break. So the industry works around the clock

    day and night.

    Inventory management

    The main inventories in the company were raw cotton or cotton bales, spares and loose tools.

    There is a chance of damages when the cotton rolls when stored for a long period so they are

    carefully stored without getting wet and all.

    Material requirement planning [MRP]

    As per their strategy they had a steady demand for materials so they stored the materials. Theyhave introduced new machines and all so the work goes faster than earlier so according to that

    they have ordered and stocked more cotton for the production. They will collect and store

    cotton for an advance of one months production.

    Benchmarking

    Benchmarking is the process of comparing one's business processes and performance

    metrics to industry bests and/or best practices from other industries. Dimensions typically

    measured are quality, time, and cost. Improvements from learning mean doing things better,

    faster, and cheaper typical benchmarking methodology:

    1. Identify your problem areas - Because benchmarking can be applied to

    any business process or function, a range of research techniques may be required. They

    include: informal conversations with customers, employees, or suppliers; exploratory

    research techniques such as focus groups; or in-depth marketing research, quantitative

    research, surveys, questionnaires, re-engineering analysis s, process mapping, quality

    control variance reports, or financial ratio analysis.

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    Before embarking on comparison with other organizations it is essential that you know

    your own organization's function, processes; base lining performance provides a point

    against which improvement effort can be measured.

    2. Identify other industries that have similar processes - For instance if one

    were interested in improving hand off s in addiction treatment he/she would try to

    identify other fields that also have hand off challenges. These could include air traffic

    control, cell phone switching between towers, transfer of patients from surgery to

    recovery rooms.

    3. Identify organizations that are leaders in these areas - Look for the very

    best in any industry and in any country. Consult customers, suppliers, financial

    analysts, trade associations, and magazines to determine which companies are worthy

    of study.

    4. Survey companies for measures and practices - Companies target

    specific business processes using detailed surveys of measures and practices used to

    identify business process alternatives and leading companies. Surveys are typically

    masked to protect confidential data by neutral associations and consultants.

    5. Visit the "best practice" companies to identify leading edge practices -

    Companies typically agree to mutually exchange information beneficial to all parties in

    a benchmarking group and share the results within the group.

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    QUALITY CONTROL DEPARTMENT

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    QUALITY CONTROL DEPARTMENT:

    Quality Control Department is a vital department of this organization. Because it

    provide information regarding quality of the raw materials and also finished goods. To

    purchase standard quality materials there should be quality control department. According to

    the experts the first step is imported in business i.e. in production activities the first step is the

    raw material. s

    Therefore while purchasing the raw material the quality control department is important.

    Quality Control Department is the key factor to producing the quality products.

    Quality control Department plays an important role in controlling and increasing the quality of

    the product and it also helps in increasing the efficiency of the products. Quality control

    should be exercised at the all key stages of the production processes, so that it helps in the

    stoppage of the variation in the final product.

    In the GCTM Quality Control Department there is laboratory where the samples

    of the cotton are tested before purchase. In this lab 1.25 crore worth machine is installed

    which is completely computerized machine and it is also one of the well equipped lab in the

    Karnataka.

    FUNCTION OF THE QUALITY CONTROL DEPARTMENT :

    o Random lab weight checking

    o

    Within lap variation

    o Cleaning efficiency

    o Waste study speeds

    o Wrapping checking

    o Naps study

    o Uniformity checking

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    o Idle spindle

    o Top roller pressure checking

    o Rewinding study

    o Gauge and tension weight checking

    o Knot inspection

    o Knot weight checking

    OBJECTIVE OF THE QUALITY CONTROL DEPARTMENT:

    Increasing customer satisfaction

    Producing the quality products.

    Reduction in the scrap

    Continuous improvement in the productivity.

    Reduction in production overheads.

    Quick response to order fulfillment

    BASIC CONCEPTS USED IN TEXTILE MILL

    Fiber : A slender filament ; a fine thread like part of a substance .

    Kapuas : Cotton with seeds and impurities

    Lint : Cotton free from seeds and impurities

    Ginning : The mechanical process of separating the cotton fibers from seeds

    Bale : A bundle or packages of cotton compressed and bound with

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    Spinning : The process of drawing out and twisting the fiber of cotton,

    Wool etc. Into thread or yarn either by hand or machine.

    Spindles : The rods or pins of spinning machine known as the ring frame holding

    the bobbins on the which yarn wound as it is spun . Such spinning is

    expressed in terms of the number or spindles or rotors.

    Rotors : In the modern of spinning known as the open end spinning instead of

    spindles rollers are used.

    Yarn : A textile thread obtained by twisting of consecutively disposed and

    Straightened ultimate composite fibers.

    Hank & cones : Yarn is supplied to the market in to different forms hank yarn and

    cone yarn . Hank yarn is convenient form of bleaching and transport

    but needs winding before placing on the loom .

    It is used by hand loom weavers .Cone yarn however eliminates the

    Need form winding and can be directly used in power looms .

    Count : A count is measure of thickness or fitness of yarn ,The various counts

    groups manufactured are 10s , 20s , 24s, 30s,32s,34s,40s, 60s, 80s

    100s both in Hank and Cone.

    Lower counts indicates coarse yarn and higher counts indicates fine

    Yarn

    SPINNING DEPARTMENT:

    The term Spinning is some items used to denote this final process in the production

    of the yarn. This involves attenuating the yarn to the required count giving the yarn strength by

    adding twist and winding it on to a bobbin.

    This is the department where we can specially produce the final product to yarn in

    diff Th lli i f d d h d f i Wh h fib i i d f d

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    the required level and the twist is inserted upon the product and finally this twisted material

    looks (looks a wire) rolled on the plastic tube which is mounted on the spindle. This product is

    called Yarn.

    This yarn is measured in term of count (i.e) numerics. Generally English system. The

    count measured in English system is number in English (i.e) N.E. In this system the yarn count

    is measured as unit weight per unit length. From this department the yarn in cop forms ready

    prewinding (or) reeling department.

    The roving coming out of the hollow leg of the flyer is made to wide on a cylindrical

    package called bobbin .The bobbin is either made of plastic. The roving is will on the bobbin

    in such a way so that tapered ends on both sides of the package are formed. Bobbin is an ideal

    from of supply package to be feed to the ring frame because when full it can hold large length

    of roving to its compactness and it Sirukkali easy to handle and transport.

    SPINNING METERIALS

    Total Machine : 18

    Machine : 14

    Machine Name : Textool

    Model : DJ 50

    Year : 12Machine 1997

    2 Machine 1998

    Machine : 4

    Machine name : LMW C Lakshmi

    Model : LRG 5/1

    Year : 1998

    I Cops Weight : 86 to 96 grams

    Empty Cops Weight : 53 grams

    INPUT : Raving 270 per M/C

    OUTPUT : Cop

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    STORES DEPARTMENT

    In G.C.T.M there is Stores Department is one which stores all the materials, equipments

    and spare parts etc. Which are needed in the signalization for its smooth running .The main

    function of this department is to provide the needs of the organization i.e. machines spares

    parts, packaging materials, tools, oils ect. To run business continuasally this department plays

    very important rolein the organization. In this department they provide materials according to

    order made by the different departments in the organization. The order slip must be sing by the

    M.Director department head.

    Objectives of the Stores Department :

    1) Concentrating towards smooth running of the production process.

    2) Facilitating all required equipments on time .

    3) Reduction of Inventory equipments on time .

    4) Working like a traffic signal to signalize to all equipments.

    5) Proper maintenance of all equipments.

    This Stores Department is divided in to two sub departments they are:

    a) Materials stores

    b) General Store

    a) Material Stores: It is a sub department of the stores , which maintain the stock of raw

    material needed in the plant i.e. cotton , paper cones , bags . This department mainly concerned

    with storage of 30 days stock of raw material in the plant.

    b) General Stores: It is also a sub department of the stores which maintaining the stock of

    general material like ,paper ,files ,uniforms of workers ,shoes ,goggles, helmets, glows, cups,

    spare parts of machines , stationeries and other lubricants and packing materials.

    These all materials are stored under bin system. In this department each material

    or item will be assigned a number to it which is called as Bin number. There are about 11,000

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    items are maintained in this department and all have been assigned in Nos. Bin number is a 9

    digit number, which will help in

    recognizing the item very quickly and accurately.

    The first three numbers in Bin card will giving the information about which section . and

    the second 3 digit will gives information about which equipment and the last 3 digit will gives

    information of which item it is.

    The stores department is maintaining mainly two ledgers , they are:

    1) Material Receipts Ledger.

    2) Material Issued Ledger.

    At he time of each entry in the ledger they are quoting the date, item number quantity

    price / piece, total price.

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    47

    MARKETING DEPARTMENT

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    47

    MARKETING DEPARTMENT

    Product profile

    Cotton yarn is the product and they will be in yarn cones.

    One cones weight will be 1.25Kgs.

    One bag will have of 40 cones and the weight of one bag will

    be 50Kgs.

    160 bags will be there in one load.

    Department chart

    GENERAL MANAGER

    JUNIOR MANAGER

    OFFICE STAFF

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    Marketing functions

    The main function of the company is that to provide the best standard yarn to the

    companies who needs, and so by that a better quality cloth can be produced. If better quality

    yarn is produced then soon there will be a high demand and likewise there will be external

    demand increased. And so the export also takes place. By this huge revenue also will be got for

    the Government. The other main aim of the marketing department is that if there is an order

    then soon without any delay the product should be reached at hands of the customers.

    1. Developing marketing strategies

    2.capturing marketing insights

    3.connecting with customers Building

    4.Strong brand image

    Marketing strategy

    According to the customer need and requirement the production takes place. And the

    quality of the yarn also will be highly maintained. Mainly the change of the demand will belike the yarns count so according to the change of the demand for the yarn, the market

    demanded yarn will be produced.

    Target achievement methods

    The target is fixed only after the confirmation of the value of goods in market and if the

    demand for the goods in the market is high or if any order is placed then according to the order,

    the production process takes place.

    Marketing product lines

    The product lines of the cotton mill was marketed using the same channels and by the

    same strategy. As per the orders and all reserved soon they will be producing the cotton yarn as

    fast as they can and their by supplying to them.

    Customer beneficial & satisfaction identification methods

    According to the customer need and requirement the production takes place. And thequality of the yarn also will be highly maintained.

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    Identification of customer expectation

    Each customer will be looking for their own standards of cotton yarn so each of

    them needs a totally different product. So according to the customer requirement and

    satisfaction they have to produce the cotton yarn and that should meet the customer

    expectation.

    Customer fulfillment and service

    As there will be orders from various customers then soon without making any delay

    they will be producing the yarn and soon it will be delivered to them. As part from the

    company they will be very keen about the standards of the yarn and all, as per the order they

    will be producing high quality yarns and that will be delivered to them.

    Customer order receives and follows up

    The company will be getting different quotations and all from various companies and

    all from that they will be choosing the best that will be beneficial to the company. Customer

    they have to give the yarns. When the orders are received soon the production for the order

    starts up and soon it will be delivered to them.

    Marketing tools & techniques

    A marketing strategy is an overall marketing plan designed to meet the needs and

    requirements of customers. The plan should be based on clear objectives. A number of

    techniques will then be employed to make sure that the marketing plan is effectively delivered.

    Marketing techniques are the tools used by the marketing department. The marketing

    department will set out to identify the include public relations, trade and consumer promotions,

    point-of-sale materials, editorial, publicity and sales literature.

    Market research enables the organization to identify the most appropriate marketing

    mix. The mix should consist of:

    The right product

    Sold at the right price

    In the right place

    Using the most suitable promotional techniques.

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    Marketing techniques and tools are employed at three stages of marketing:

    Stage 1

    Prior to marketin

    Stage 2

    During marketing

    Stage 3

    After marketing

    Developing the

    marketing mixMarket research Evaluation of

    marketing

    Market demand for their product

    As cloth is one of the basic necessity for man so for producing cloth there is the need for

    the yarn so every year the demand for the yarn is increasing

    Methods of overcoming competitors

    The best method of overcoming the competitors is by supplying the best verity of yarn

    with high quality. And selling that yarn by market rate price. By this the customers will be

    always be there

    Market segmentation

    Market segmentation is mainly like

    Domestic

    State

    National

    International

    Advertisement & sales promotion

    As the population is increasing day by day, the need for the cloth also increases as it is one

    of the basic essentials for man. And so for producing the cloth the yarn is required. There has

    been a steady increase of the demand for the yarn. As part of sales there have not been any high

    advertisement but providing the high quality yarn is one of the promotions that the company is

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    getting. Apart from all these there have been quotations for sales and all which will be

    published in websites.

    Product publicity

    There is no big publicity for the product but product sales tender notice will be

    advertised in internet and in newspapers as well.

    Customer Retain Management

    An effective system of communication should provide opportunities for

    customer information. The customer is the ultimate object whose satisfaction and goodwill are

    of the utmost importance for the success of an organization. In carrying out the sales function

    of planning, the management must communicate with customers. There were times when the

    customer was not the central figure. But today the customer is the kingpin and sovereign of

    the market whose needs and satisfaction, and the winning of whose goodwill, is of prime

    importance in these days of competitive setup. These must be communicated promptly. It is

    the communication which establishes the contacts with the customers. Customer

    communication helps to establish a relationship with customers who buy and are the sources

    of products. The media used for advertisements can also be used effectively to reach the

    customers. Marketing of Yarn :

    The mill manufactures 10s, 20s, 30s, 40s, 60s, 80s, 100s, 2/20s, 2/40s, 2/60s etc. In

    the form of hanks as well as cones as per the prevailing market demand sale of hank yarn and

    cone yarn from 50:50 respectively we have been fulfilling the hank yarn obligation stipulated

    by the textile commissioner , government of India at the end of every quarter . The daily

    production of yarn is about 8,500 kgs and mill is working round the clock for all the seven

    days of the week.

    Special preference in selling yarn is given to weavers co-operative Apex organization

    and Karnataka Handloom Development Corporation export of yarn has been our priority yarn

    is being exported to countries like South Korea through agency.

    Packing of Yarn:

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    Packing is a process of converting to a product for protection hanks yarn are packing

    in the bale from and cones yarn are packing from bags. Bales is consist of 181.6 kgs. And bag

    is consists of 50 kgs

    Mode of Sales : In this organization orders are normally done through:

    1) By phone

    2) By their own sales depots and

    3) By local sales agents.

    Sales promotion:

    The company not adopted any Aggressive measures for the promotion of its sales

    such as advertising lotteries etc. But some basic measures which are adopted normally by

    every concern such as discounts.

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    \

    FINANCE DEPARTMENT

    FINANCE DEPARTMENT

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    The word finance comes from the Latin word fins. Finance is the art and science of

    handling money. It is the management of money. It is the management of laws of money. It is the

    management of laws of money through as organization.

    Finance function is needed in all types of organizations. Of all business functions,

    finance functions are the most important one. Finance function is concerned with the evaluation

    of how funds are powered and used.

    The definitions of finance may be grouped into following three categories.

    First approach

    In the words of F.W .Parish Finance may be defined as the provision of money at the

    time it is wanted. This approach is concerned with procurement or raising of funds and hence this

    is a narrow approach.

    Second approach

    According to J.J. Hampton, the term finance can be defined as the management of the

    flows of money through an organization, whether it will be a corporation, school, bank or govt.

    agency. This a road approaches.

    Third approach

    This is the modern approach and is the most acceptable one. According to this

    approach, finance function is concerned with the procurement of funds and there effective

    utilization it the business. According to the Solomon Ezra, the finance function covers not only

    the raising of funds but also their effective utilization in the business. This approach is related

    in the business. This approach is related in the business. This approach is related with the

    financial decision making i.e. the financial manager should consider the alternative uses and

    sources f funds. In short, finance function is defined as provision of money at the time when it

    needed.

    To check all the vouchers, bills, receipts.

    To draw money from the bank for any cash transactions.

    To pay the amount due to the supplier outstanding and creditors.

    To pay the amount to the tender purchases.

    To check all the register relating to accounts section.

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    To prepare and furnish all furnish all return and remitting the sales tax

    and central excise and other local taxes and rates.

    Sending of periodical returns and remitting the sales tax and central

    excise and other local taxes and rates. The accounts department should pay salaries, wages and other monetary

    benefits to the workers and staffs.

    GENERAL RECORDS OF THE COMPANY

    Daily wages record

    Material requisition Pass book

    Stores record

    Cash book

    FOLLOWING BOOKS ARE MAINTAINED IN ACCOUNTS DEPARTMENT

    Daily Journals

    Sales book

    Purchases book

    Ledger

    Trading Account

    Profit & Loss Account

    Balance sheet

    OPPURTUNITIES

    The scope for Indian textile Industries is widening day-to-day. The share of Indian

    textile industries in the international markets is expected to increase manifold in the comingyears.

    THREATS

    General recessions in the economy have its impact on the textile industry as well. In

    order to cope up with the highly competitive and fashion sensitive International markets for

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    textile efforts to modernize the machineries on a continuous basis should be undertaken

    without any hesitation.

    Objective and Finance Department;

    To have permanent record of all the transaction for future reference.

    To know the result of the business in terms of profit and losses.

    To the exact reason for profit and loss.

    To know the financial position of the business.

    To know the progress of the business from year to year

    To have valuable information for legal and purpose

    Functions of Financial Department:

    To prepare Trading A/c

    To prepare Profit and Loss A/c

    To prepare Balance Sheet

    Maintenance of accounts is under taken

    Rate fixing

    Suppliers bill paying

    Maintenance of cash and bank balance.

    FINANCIAL RESULTS

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    Balance Sheet of Sri Sowdeswari Spinning mills

    ---------- in Rs. Cr. ----------

    Profit & Loss account On Sri Sowdeswari Spinning Mills ---------- in Rs. Cr. --------

    Mar'12 Mar '11 Mar '10 Mar '09 Mar '08

    12mths 12 mths 12 mths 12 mths 12 mths

    IncomeSales Turnover 46.83 26.91 43.78 19.59 27.01

    Excise Duty 0.00 0.00 0.00 0.00 0.00

    Net Sales 46.83 26.91 13.78 19.59 27.01

    Other Income 0.44 0.09 0.85 0.56 4.42

    Stock Adjustments -14.19 12.89 1.00 -2.13 -1.34

    Total Income 73.08 69.89 45.63 38.02 60.09

    Expenditure

    Raw Materials 24.18 19.39 11.09 31.78 31.79

    Power & Fuel Cost 16.51 11.48 11.83 9.26 7.36

    Employee Cost 15.32 16.03 12.83 10.49 11.23

    Other Manufacturing Expenses 2.19 2.62 2.76 1.84 6.54

    Selling and Admin Expenses 0.04 0.00 5.92 5.16 5.71

    Miscellaneous Expenses 7.25 5.13 0.53 0.50 0.61

    Preoperative Exp Capitalised 0.00 0.00 0.00 0.00 0.00

    Total Expenses 65.49 54.65 44.96 49.03 63.24

    Mar'12 Mar '11 Mar '10 Mar '09 Mar '08

    12mths 12 mths 12 mths 12 mths 12 mths

    Operating Profit 7.15 15.15 1.82 18.43 2.43

    PBDIT 7.59 5.24 3.67 1.99 6.85

    Interest 18.02 4.87 3.29 4.33 1.13

    PBDT -10.43 3.37 7.38 4.66 6.72

    Depreciation 11.20 1.14 1.92 1.03 8.17

    Other Written Off 0.00 0.00 0.00 0.00 0.00

    Profit Before Tax -21.63 1.23 6.46 -5.37 8.55

    Extra-ordinary items 0.00 0.00 0.00 0.00 0.00

    PBT (Post Extra-ord Items) -21.63 9.23 6.46 -5.37 8.55

    Tax -7.20 6.65 1.77 -1.56 2.64

    Reported Net Profit -14.44 12.56 4.69 -3.82 5.92

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    CHAPTER-IV

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    SWOT ANALYSIS

    STRENGTHS

    Indian Textile Industry is an Independent & Self-Reliant industry.

    Abundant Raw Material availability that helps industry to control costs and reduces

    the lead-time across the operation.

    Availability of Low Cost and Skilled Manpower provides competitive advantage to

    industry.

    Availability of large varieties of cotton fiber and has a fast growing synthetic fiber

    industry.

    India has great advantage in Spinning Sector and has a presence in all process of

    operation and value chain.

    India is one of the largest exporters of Yarn in international market and contributesaround 25% share of the global trade in Cotton Yarn.

    The Apparel Industry is one of largest foreign revenue contributor and holds 12% of

    the countrys total export.

    Industry has large and diversified segments that provide wide variety of products.

    Growing Economy and Potential Domestic and International Market.

    Industry has Manufacturing Flexibility that helps to increase the productivity

    Good reputation in the market

    Good network of dealers

    Well connected with roads

    Well established in infrastructure facilities

    45% share capital given by the government

    New specialized types of machines

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    Good support from the farmers as well as from the society

    Financially strong

    WEAKNESSES

    Indian Textile Industry is highly Fragmented Industry.

    Industry is highly dependent on Cotton.

    Lower Productivity in various segments.

    There is Declining in Mill Segment.

    Lack of Technological Development that affect the productivity and other activities

    in whole value chain.

    Infrastructural Bottlenecks and Efficiency such as, Transaction Time at Ports and

    transportation Time.

    Unfavorable labor Laws.

    Lack of Trade Membership, which restrict to tap other potential market.

    Lacking to generate Economies of Scale.

    Higher Indirect Taxes, Power and Interest Rates.

    No nation wide brands

    Less sales promotion activities

    Large work force

    Partly automated

    lack of R&D

    Low labour productivity

    Not concentrating towards competition

    OPPORTUNITIES

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    Land is available for expansion

    Company can tie with other reputed company

    Existence of a large market

    Growth rate of Domestic Textile Industry is 6-8% per annum.

    Large, Potential Domestic and International Market.

    Product development and Diversification to cater global needs.

    Elimination of Quota Restriction leads to greater Market Development.

    Market is gradually shifting towards Branded Readymade Garment.

    Increased Disposable Income and Purchasing Power of Indian Customer opens NewMarket Development.

    Emerging Retail Industry and Malls provide huge opportunities for the Apparel,

    Handicraft and other segments of the industry.

    Greater Investment and FDI opportunities are available.

    Possibility of 100% automations

    Market expansion

    They are shortly getting the ISO 9001

    THREATS

    Decreasing in agricultural production

    Globalization and liberalization

    Cut through the competition

    Competition from other developing countries, especially China.

    Continuous Quality Improvement is need of the hour as there are different demand

    patterns all over the world.

    Elimination of Quota system will lead to fluctuations in Export Demand.

    Threat for Traditional Market for Power loom and Handloom Products and forcing

    them for product diversification.

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    geographical Disadvantages.

    International labor and Environmental Laws.

    To balance the demand and supply.

    To make balance between price and quality.

    Taste and fashion of customers turning towards the ready made garments

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    FINDINGS AND CONCLUSION

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    FINDINGS

    I got the general information of such a large factory that gives me the clear

    idea about the requirements of a composite industry setup with all necessary manpower and

    machineries.

    I have earned some knowledge about the quality management system of different

    section of the industry.

    I have identified the process sequence of different units that gives me the better idea

    about the running of a program.

    I got the information related to amount of wastage of different unit that will help me

    a calculate the loss and benefit of any project that can be run.

    Communication with different buyers and macendiser helped me to develop my

    personal stills and self; confidence.

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    Conclusion

    For every person who is fresher in the field of, industrial training works like

    learning route, this course given me learn the industrial works and follow the process sequence

    virtually, from my fifteen days observation of the industry along with research and

    development section specially.

    I can say that in the weaving sector this industry has very strong possibility, because, its

    running with all modern merchandise and very knowledgeable person working all the time with

    their maximum length.

    I hope that this industrial training will help me a lot, to work in the future period

    whatever I want to develop my career. Finally, wishing the best prospect of both the industry

    and myself, I want to conclude.

    Thanking you,

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    BIBLIOGRAPHY

    TEXT BOOKS

    Research Methodology by C.R Kothari

    Human Resource Management by Shashi Gupta

    Finance Management by Neethi Gupta

    WEBSITES

    www.wekkipedia.com

    http://www.wekkipedia.com/http://www.wekkipedia.com/