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Project Report on Inventory Control

Project Report on Inventory Control

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Published by Gourav Sharma

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Published by: Gourav Sharma on Apr 27, 2011
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05/27/2015

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RANBAXY LABS LTD.
SUMMER TRAINING REPORT 
ONInventory Control Management andMaterial Requirement Planning of
RANBAXY LABORATORIES LIMITED
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RANBAXY LABS LTD.
Table of contents
Certificate 04Preface 05Acknowledgement 03Abstract 07
CHAPTER 1
Introduction 10Objectives & Scope 12Company Profile 16Growth of Ranbaxy 25Life Of Ranbaxy 30Various divisions of Ranbaxy 32Various Departments 33Organization Chart 37Ranbaxy Manufacturing Plant Mohali 38
CHAPTER 2
Literature Review 39
CHAPTER 3
Research Methodology 41
CHAPTER4
Inventory Management 42Overview Of Inventories 43Overview Of Methods 48Ratios 64Control Manufacturing 65Material Resource Planning 80
CHAPTER 5
Suggestions 83Conclusion 84
CHAPTER 6
BIBLIOGRAPHY 85
2
 
RANBAXY LABS LTD.
ABSTRACT
A project work is a mandatory requirement for the BusinessManagement Programme. This type of study aims at exposing theyoung prospective executive to the actual business world.This project gives me knowledge about the Inventory ControlManagement & Material Planning involve raising funds for thefirm. It is concerned with formulation and designing of Inventorycontrol structure. The most crucial decision of any company isinvolved in the formulation of its appropriate Inventory structure.The best design or structure of the Inventory system of a companyhelps the management to achieve its ultimate objectives of minimizing overall cost of capital, maximizing profitability andalso maximizing the value of the firm.Organization. It is very effective way to judge a company’s cashflow prospects, as cash is like blood life for any company.The report initially begins with the company profile, followed bythe detailed analysis of company, like businesses of the company, products offered by the company, financials of the company, etcThe report involves a lot of research to understand what exactlyInventory control system of the company should be. Thats , whycompanies require appropriate inventory structure.
The purpose isto develop an action plan that creates such a inventorystructure that will upgrades and standardize the quality of business analysis.
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