This is to certify that the In – plant report entitled
This is being submitted here for the award of degree of MBA, of Dr. BABASAHEB AMBEDKAR MARATHWADA UNIVERSITY, AURANGABAD. is the result of original research work completed by Mr.ABHIJEET P. KANHERE Under the guidance & to the best of my knowledge and belief, the work embodied in this project report has not form earlier the basis for the award of any degree or similar title of this another examining body.
Prof. E.A.Qureshi Director I/C Place: Date:
Prof. C.K. DESHPANDE Guide
TO WHOM SO EVER IT MAY CONCERN CERTIFICATE
This to certify that Mr.SANTOSH AMILKANTHWAR , student of R.S.I.M. College, Aurangabad, has undergone In – plant training in our organization from 29.07.2009 to 12.09.2009 During his training period, he has undergone training in Raw Material Stores, Quality Control Department, Quality Assurance Department, Finished Goods Stores, Human Resource Department and Accounts Department. During his training period, we found him to be sincere.
For RAYMOND LTD. Mr. P.S. WAGHMARE ( Sr. HR&A Manager)
IN-PLANT TRAINING REPORT
SUBMITED TO Dr. BABASAHEB AMBEDKAR MARATHWADA UNIVERSITY, AURANGABAD THROUGH
(RAJARSHI SHAHU INSTITUTE OF MANAGEMENT)
BY Mr. Santosh D. Amilkanthwar (MBA 3rd SEM) UNDER THE GUINDENCE OF
Prof.. C.K. DESHPANDE
Rajarshi Shahu Institute Of Management. E. – 3rd SEM (finance)
. Director. I am also thankful to Prof. Santosh D.B. C. everybody wishes to get a good organization for the project. Aurangabad for motivating me in my project work at “RAYMOND My outmost thanks to all the staff members at there for their valuable support. For M. Amilkanthwar M. guidance and suggestion during the course of my summer in – plant training.A.A.B.RAJARSHI SHAHU INTITUTE OF MANAGEMENT
My foremost thanks to Prof. DESHPANDE for their valuable guidance during the course of my summer in – plant training. encouragement. which has contributed for me to get a project at “RAYMOND” and gave me a chance to work with such good organization and learn out most of it.K.A.Qureshi. his summer in – plant training is very important for the career. students. Mr.
G. RAJARSHI SHAHU INTITUTE OF MANAGEMENT
I hereby declare that this project report submitted by me in my partial fulfillment of Master of Business Administration is a genuine work of mine. Mr.S. It has not been submitted either fully or partly to this or any other institute prior.P.B. in any other connection. (3rd SEM) (Marketing)
.A. Santosh D.B. Amilkanthwar M.
(Textile Division Chhindwara) M. Amilkanthwar
Date : Place :
. Naresh Kadu (Training Incharge) and who was imparted a necessary guidance and Knowledge for the fulfillment of the Project. for the courtesy extended by them to us. Santosh D.ACKNOWLEDGEMENT
It was golden opportunity and nice pleasure for us to pursuer summer training from Raymond Ltd. I am very much thankful to complete my summer Training under Mr.P I would like to express my sincere thank to Mr. I would like to thankful to all staff of Raymond Ltd.
Mr. Naresh Kadu who was my trainer in charge in Raymond Ltd.
4.1 4.4.4. 9.
Introduction Overview of Company Scope & Objectives Department’s Purchase & Stores Bill Discounting Bill Passing Human Resource Department Production Department Finance Department Bank Payment & Receipts Sales Taxes & Entry Tax Sales Accounting Company Annual Report Marketing Department SWOT Analysis Suggestions Conclusion Bibliography
.4.2 4.4. No.3 4.INDEX
Page No.1 4.4 4.1. 2.2 4.3 4. 3. 1. 4.1. 8. 7.4 4.2 4.5 6.
ColorPlus is among the largest smart casual brands in the premium category. D.OVERVIEW OF RAYMOND LIMITED
The Raymond Group was incorporated in 1925 and within a span of few years. Be: and Zapp! and Notting Hill. casual wear brands in the country for men and women. High quality becomes a numbers of watchwords and the diversification program got head start.A garmenting facility that manufactures formal suits.e. Until November 1944 when the entire share holding was acquired by JAGGILAL KAMALPAT SINGHANIA of Kanpur. K. acted as managing agents. subsequently J. transformed from being an Indian textile major to a global conglomerate. the “Raymond Woolen Mills” was changed to “Raymond Limited”.. Parx. • Silver Spark. Sassoon & Co. K. trousers and jackets. In late 1994. Regency Textiles Portuguesa Lda.
OUR GROUP COMPANIES
The subsidiary companies of Raymond Limited are as follows: Raymond Apparel Limited Raymond Apparel Ltd. The Raymond Limited was established in September 1925 to acquire the Woolen Mills in Thane known as WADIA WOOLEN MILLS. Apparel Ltd. To facilitate better involvement of the top management in the organization effort. Park Avenue for men & women. • ColorPlus Fashion Ltd. A facility set-up in northern Portugal bordering Spain. Traditional product lines were discounting. The idea of J& K was to develop an organization with a diversified product line. it was managed by E. Monzani. in Caminha for manufacturing suits. . Trust Bombay. The Raymond Limited in Chhindwara is a part of Western zone. Non traditional blends of natural and manmade fabrics were introduced back by sound research & Development. Central and Eastern. Organization was divided into three zones i. •
. jackets and trousers. Over the year the organization grew in structure and nature. ColorPlus for men & women. has in its folio some of the most highly regarded apparel brands in India – Raymond finally crafted Garments. the J. There after the name was changed to Raymond Woolen Mills Limited. Western. This resulted in greater consumer satisfaction both at home and abroad. The company was acquired by Raymond to cater to the growing demand for a high end.
K. Raymond Zambaiti Pvt. P. A leading player in the grooming. J.
. A facility set-up for the manufacture of formal shirts. The manufacturers and marketers of KamaSutra condom and Surgical Gloves. K. Files & Tools A leading player in the Engineering files and tools segment and the largest producer of steel files in the world. JKIT is an investment company registered with Reserve Bank of India as NonBanking Financial Company. A leading player in the engineering automotive components. Celebrations Apparel Ltd. launched the highly successful ‘GAS’ brand in India. Ltd. Ltd. manufacturing files and rasps for international markets.• • • • • •
EverBlue Apparel Ltd. Investo Trade (India) Ltd. Ltd.
OUR JOINT VENTURES
• • • • • Raymond UCO Denim Pvt. Our joint venture with Grotto S. A state-of-the-art denim garmenting facility. K. A. The manufacturers and marketers of denim fabrics. Our joint venture with MOB Outillage SA. J. Ring Plus Aqua Ltd. K. J. Talabot Ltd. K. Ansell Ltd. accessories and toiletries category. Gas Apparel Pvt. A Greenfield facility manufacturing high value cotton shirting. J. J. Helene Curtis Ltd.
ColorPlus constantly innovating the processes and technologies which offering the buyers new world of comfort. the best-inthe-world linings. Our exclusive designs provide customers the best in contemporary international style and luxury. include thermo-fused buttons. ‘Park Avenue Woman’ is designed specially for the working women professionals of today. relaxed attitude of the energetic 22-30 years old. Crossing the gender divide. Offering suiting and trousering fabric for all occasions and needs. suits. trousers. Our domestic distribution is spread far and wide with more than 30. Park Avenue launched ‘Park Avenue Woman’ . stain-free fabric and the cone dyed technique. be it Business. superb distribution and intelligent advertising support have helped the company gain a dominant share of the market. No wonder. wool blended with exotic fibers like camel hair. Park Avenue is today. It offers stylish and innovative wardrobe solutions to gentlemen for all their dressing needs. soft jeans. knits and survival gear. it had the honor of being the ‘Most Admired Brand’ at the Lycra Images Fashion Awards 2007 for the third consecutive year. jackets. golf ball wash. the Raymond product range includes pure wools. Fine products. wrinkle free technology. ColorPlus recently launched ColorPlus Woman – An exclusive range of smart-casual clothing. Recently. Each garment is crafted from the most exotic cotton silk. COLORPLUS: ColorPlus is one of India’s premium and most respected casual wear brands offering customers a range of shirts. trousers. Raymond is counted as one of the world’s premier manufacturers of worsted suiting fabric in fine grade wool. in the same league as the finest that Europe has to offer. Adding new color now to the woman’s wardrobe. PARK AVENUE: Launched in 1986. MANZONI: Manzoni is a luxury lifestyle brand offering the discerning customer a super premium range of formal wear and sportswear including shirts. Travel or Heritage Wear. linen and superfine wool.000 outlets that stock and sell our wide range of fabrics. interlinings and threads sourced from around the globe.a complete range of Business Wear for women. linen and silk.RAYMOND BRANDS
RAYMOND: For over 80 years. Parx was launched in 1999 to cater to the smart and fashionable clothing segment. The brand has received several awards. ties and leather accessories. premium labels from the world’s fashion capitals prefer Raymond.
. wide range. cashmere and angora and innovative blends of wool with polyester. Some of the technological innovations it is well known for. Today.
Parx: Parx is
a ’premium casual lifestyle brand bringing customer a range of stylish semi-formal and casual cloths that reflects the easy. India’s most admired formal wear brand. Evening Leisure.
robes. soft home furnishing & accessories which are sourced from across the globe from reputed labels (private & international). Be : HOME provides an assortment of quilts. bed and bath line and more. trousers. accessories. ColorPlus and Parx. Park Avenue. handkerchiefs and socks. wall decor . The brand brings 4-12 years a wide range of clothes. NOTTING HILL: Notting Hill reflects style and manifests originality of today’s fashion-conscious and discerning young professional at an affordable price. gourmet cooking range and much more under one roof to provide the perfect look for your home. apparels. THE REYMOND SHOP: The Raymond shop is premium retail store offering complete wardrobe solution for men. blankets. Spanning from a mid premium pricing range. which includes top-of-the-line brand Raymond Manzoni.ZAPP! : The burgeoning children’s wear market has now turned stylish with zapp!. The first zapp! store has been launched in Ahamedabad with ten more on their way for kids across the country.our range of stylish and fashionable kids wear. The brand collection features a spectrum of men’s lifestyle product comprising of suits. vases. HOME BE: HOME is a specialty multi brand Home Retail Chain that present elegant. t-shirts and also accessories like ties. candles. jeans.
fuel and water. 9.OVERVIEW OF CHHINDWARA UNIT
Raymond Limited Chhindwara is the Flagship Company of J. Labour availability at cheaper cost. 4. The hundred acres plot stood as a pioneer in the Socio-economic development of this region. which results in high efficiency and productivity. 8. Cheap Land. The list factors leading to the selection of this location are:1. Sales Tax exempt for 7 years initially.) Market Proximity. Easy Transportation (because nearer to Nagpur which is well connected to Roads. K. from Nagpur and 70 kms. 2. 3. Rail and Airways. from Chhindwara on Nagpur-Chhindwara Road. The plant is well equipped with the most modern machinery. 15% of subsidy on total cost of project subject to maximum of 15 lacs. 1991 to cater the growing demand of premium suiting the plant is at a distance of 57 kms. 5. 5% Subsidy in electricity charges subject to a maximum of 10 lacs per annum. 10. which is adequately skilled and component. Easy availability of power. Groups (Western Division). 7. we had achieved over 90% efficiency levels in the Spinning and weaving departments we are still maintaining it. Availability of land for Expansion. Entry Tax exempted for 5 years extended by another five years due to major expansion. Most important than machines are the manpower.
. It produces high quality polyester wool fabric and polyester viscose blends fabric. 6. It began operation on 1 April. Within 3 years of starting.
. c) The training has given us idea of working of different departments like production.SCOPE & OBJECTIVES
a) To enhance the knowledge being a management trainee. stores. ii) Also we had an increase in knowledge of Engineering through the managerial concepts. iii) To apply the theoretical knowledge to learn the various aspects of management. b) Training in a multinational company like Raymond gives the idea of huge
management work having interlinks in the different countries. marketing etc. finance as well as with the marketing department. finance. personnel.
i) The basic objective of the training was to get through the different management concept through production. personnel.
The processing ensures that fiber is untangled. The first stage of processing is DYEING. First in the sequence is the RAW MATERIAL GODOWN where the basic inputs procured are stored. Straightened and parallel. and our JALGAON and THANE units. All there Tops (polyester and wool) are sent for spinning in the WORSTED SPINNING department. Undyed) to the blowroom or P/V SPINNING department where it is mixed in proportion (67% polyester and 33% viscose). These are cut and converted into sliver form and converted into tops in the CONVERTER section. This mix is transformed into sliver in the carding section which further processes and produces a poly-viscose yarn. Simultaneously polyester and viscose fiber is dispatched from the dyeing department and raw material godown (grey i. ♦ Polyester: A man made synthetic fiber which is in the form of staple fiber or tow. Sparkle and Low pill. According to a dyeing plan set by the production planners. ♦ Viscose: A regenerated cellulosic fiber which is made from wood pulp.e.
. The material is sent back to the raw material godown from where it is sent to the dyeing department. Some polyester is procured in the form of tows. The yarn made is wound on a bobbin and is called cheese. Generally it is dope dyed by suppliers and is in fibrous form. the dyeing department is issued tops.PRODUCTION PROCESS
♦ Wool: The Merino brand of wool is imported from Australia. The function of spinning is to form yarn fiber. so that production activities are synchronized. Its role is to gather information of all stock at various stages and communicate with the different departments. There are three varieties – Normal. We have six months order in advance and divide the production activities bi-annually in unison with the market. Only after a perfect match with standard shades are the tops sent to the RECOMBING department. *Tops – roll of sliver *Tow – roll of continuous film or filament of fiber *Sliver – fiber in a rope like form. accounted for and intimated to the COMMERCIAL department. In the Recombing department tops of polyester and wool in sliver form are blended and mixed to produce a uniform sliver (65% polyester & 35% wool). The production operations at our plant are coordinated by the PRODUCTION PLANNING & CONTROL department. Fabrics and yarn produced at further stages which are grey or do not have the desired pigmentation are also dyed. and supplied as Tops by the wool Scouring and Grey Combing department.
At this stage yarn is woven into fabric. This transfer is communicated to the SALES office. The next stage of processing is the FINISHING department. Every meter of fabric produced is checked.All yarn is stored for intermediate purpose in a DOUBLE YARN ROOM from here the yarn is issued to warping section of the WEAVING department.
. The packed goods are stocked in the WAREHOUSE from where it is dispatch as per sales note to respective dealers. In the MENDING department this fabric is under scrutiny for any defects to be identified and removed. luster and anti-creasing effect. wound and packed properly. Fabric is washed cleaned and subjected to mechanical / chemical operations with the aim of giving the fabric a smooth regular texture. finished fabric is cut to proper length. In the FOLDING department. In addition to this we have a PLUSH department where we manufacture FURNISHING fabric by procuring yarns from outside.
VINOD PADMAHABHAN Suiting polyester / wool. N. Staff-428.Sausar District – Chhindwara Raymond Limited is situated in Boregaon This comes under M. 156/11.K Bldg. polyester/viscous All wool.H) 415612 1st April 1991 Mr. Morarjee Marg. No.2 village zadgaon Ratnagiri (M.N.A SHORT RESUME OF CHHINDWARA UNIT
Vision Mill : : To be the world’s most admired Worsted Suiting Company RAYMOND LIMITED (Textile division Chhindwara) B-1A.P audhyogik viksa Kendra nigam.V. furnishing fabrics 100 acre 400 crore 11 lacs meter per month 165363 units per day 45 lacs liters per day 55 metrics tones per day Office-265.K Organization J. Kailash Nagar Tehsil . Ballard zadgaon Mumbai 400038 Raymond Limited Plot no. Sub staff-38 Workers-3145
Production commenced on : Work director Product manufacture Area of the plot Turn over Our output Power consumption Water consumption Coal consumption Man power : : : : : : : : :
.K. Jabalpur J.
Park Avenue. Zapp
prepares sale notes quality wise. Additional Sale Notes: The same is also prepared buyer wise and the same is issued after completion of booking for delivery period of next two months having the qualities and shed numbers as per requirement of the buyer. And as per their booking. 1) 2) Summer booking (in the month of December) Winter booking (in the month of June)
In the booking the dealers book their requirement for next season for which the booking is being taken place. 1) Main Sale Notes: The same is prepared buyer wise.SALES PROCEDURE
Every year there is sales booking takes place and the booking is done for two seasons. shed wise for all the dealers those are given booking for the next season. In this. Mini Sale Notes: Mini Sale Notes can be issued in favor of buyer as per their requirement received through phone or email or their personal visit
. the qualities and shed numbers are mentioned of the dealers which are to be produced by us to fulfill the requirement in the required delivery period under instructions given to Production & Planning Department. Sales & Marketing Dept. There is a three types of Sale Notes are prepared.
Before batch making Warehouse sorting the old packed bale challans and daily packing challans which are ready for dispatch of goods and keeping separately for making a batch. On the basis of challans which are in hand and ready for dispatch the Warehouse Punches the challans in the batch programme. After that one slip is prepared by Warehouse Department for submission of batch to EDP department having the following details of a batch. Department. T. Looking to the capacity of Lorry a batch can be made of maximum of 350 bales of 150 Bales which covers 22 to 24 thousand meters respectively in every challan gross weight is feeded in the same programme after punching all challans the batch programme shows total numbers of bales and total meters which are ready for submission to EDP Department for processing the final dispatch.BATCH MAKING PROCEDURE
The batch making procedure is done by Warehouse Department and finds Processing of Dispatch is done by I. • • • • • Date of Dispatch Total numbers of Bales Total meters Type of Dispatch Time
. they credit the buyer’s account. 3. PURCHASING AND ALSO IN ACCOUNTING DEPARTMENT SINCE FEB. MAKETING.
1. 2. 4. So here we pass only that is we credit ‘THANE HADE OFFICE’. 2. HUMAN RESOURCES DEPARTMENT.
RAYMOND LTD. At the time of sale they debit the buyer account by invoice price and bank processing charges as per bank rule. When bill is drown or discounted by bank. LIKE– PRODUCTION PLANNING AND CONTROL.
BY CHHINDWARA DIVISION
Here only one sale ledger account is maintained. In case of dishonor they again debit the buyer’s account credit bank account. When bill is discounted bank reserve the above entry.Accounting Treatment
BY THANE HEAD OFFICE
1. When bill is discounted they debit bank account by invoice price and credit it by commission & interest charges. IS USING THE SAP SOFTWARE FOR ALL COMPANY WORK. PRODUCTION PROCESS. When bill is discounted bank immediately credit our account and debit it by interest and commission.
This shows the adaptation of new technological innovations by Videocon to improve efficiency and minimize the time factor. In a SAP each department is equivalent to some module. There is a master data for each of the module. 2. Information with similar links is kept in the same module. which are mainly the department head are given the password and login name to access the system. This is a software package used for planning.
. Initially Raymond used only one module for financial accounting and the utility efficiency and the speedy decision making lead to the application of other modules. 3. ERP stands for Entrepreneur Resource Planning. They are:1.SYSTEM APPLICATION DATA PROCESSING (SAP):SAP is kind of ERP package. 5. SAP initially was developed in German language. All the modules are inter – related and the changes made in data of 1 module get updated in all the other modules. The modules are provided in the package but if needed is felt new modules can be developed and the collection of program can be attached. organizing and coordination the resources available in the factory for optimum utilization. Raymond has implemented 6 modules. All the users of the system. 6. 4.
Material Management Financial Accounting Production Planning Quality Control Sales and distribution Human resource management
Any document consisting of data related to the above stated module is feeded in the system is called as transaction. The 5 employees of IBM developed it in the year 1972.
(Purchase Journal Voucher) is prepared. (supplier) Order No.R.R.T (General Sales Tax) Five copies of purchase order are to be made to be sent Store department Account department Department which require the material Supplier Purchase department
APPROVING AUTHORITY FOR THE PURCHASE ORDER IS WORKS DIRECTOR. and Date Material Description with item code Rate and Quantity Delivery ex (Place of Delivery) Delivery period (as per schedule) immediate.Purchase order is prepared by purchase department on the basis of quotation placed by supplier.R. G. Bill Passing is Two Types
For store For Raw Material In bill passing P.
For Passing Store Bill Following Document are required
1. (Central Sales Tax) &G. G.
.R. The basic contents of purchase order as follows: Name of the party.It is prepared on the basis of terms and condition of purchase order by store department.S. to accounts department for the passing of the bill. The stores sent all such approved G. Then the department approves this approved G. J. No.T.R.S. (Goods Received Reports)
1.R.R. is then sent to concerned department along with the materials which is indented by them mentioned in G.R (Goods Received Report):. This G. is sent to stores. Payment (credit period) Basic order value Tax condition C. V.R.It is a procedure of passing the bill in order to make the payments.R.R. Bill Passing:.Bill is the document raised by suppliers against the material supplied by them. Purchase Order 2.R. Purchase Order:.Bill:.
G.R. Indent material is sent to purchase department. If material is not as per the order placed.
• • • • • If there is shortage of material G. After supply of material party sends the bill P. is made for the material receive and shortage and excess reports. purchase order and invoice.R. Quality Control.
. (PURCHASE JOURNAL VOUCHER) is prepared on receipt of G.R.R. V.R.R. Purchase department invites the quotation from the supplier and as per the quality they place an order. prepared after acceptance.R. After the acceptance of the material by the concerned department stores department will make G. In G. will be approved by the technical department engineering department. Stores department receives the material and check the material as per the terms and condition of purchase order.R. Receipt quantity and acceptance quantity are mentioned and G. J. store will reject the materials and return to the party.R.Procedure for “BILL PASSING” of general stores
Materials are required by all the departments Required material is sent to the stores department and the department makes three copy of it.R.R. If material are not as per the quality it will be rejected and returns to the party. Indent material is approved by the top management.R. challan Quantity. Purchase department send the order to the party who supplies the material. Production & store department.
RAW MATERIAL NORMS PSF – POLYESTER STAPLE FIBRE VSF – Viscose Staple Fiber TOW – Polyester Continuous Filament GWL – Greasy Wool SWL – Scoured Wool PROCESS MATERIAL (Top is a bundle of sliver conversion of wool or Polyester TOW is a converted Top) TOP-Polyester TOP-Wool TOP OTHER MATERIAL: FLEX TOP (Linen TOP) SILK TOP VISCOSE TOP LENRING MODEL TOP BLENDED TOP LENRING MODEL TOP
.The Merino brand of wool is imported from Australia.
Viscose:. which is made from wood pulp.Raw materials
• • Wool:.A man made synthetic fiber which is in the form of staple fiber or tow. Top godown 3.
There are three verities.
GODOWN FOR RAW MATERIAL Here is three section of godown for keeping raw material. Raw material godown 2. 1. and supplied as Topes by
the wool scouring & Grey combing department.A regenerated cellulosic fiber. Generally it is
dope dyed by suppliers and is in fibrous form.
Polyester: . Sparkle &Low pill. Waste godown.Normal.
Pataganga (M. (Malda)W.Dewavrin Australia P.East End Silk Ltd.P.BWK Elders Australia P.Compagnie Importin DeLaines BEAPL.Reliance Industries Ltd.S) Surat (Gujrat) FRL. Ltd CDDL.A Curuguay NV-NVJOS Vennestex (Belgium) SNSM.) DAL.B Greasy Wool Silk TOP Material TOW-PSF
TOW-PSF-TOP VSF-TOP Greasy Wool Greasy Wool Greasy Wool Greasy Wool Greasy Wool FLEX TOP
.Futura Fibers Chennai GIL.Azad Agro Traders Kashmir ESL.Grasim Industries Ltd Nagda (M.Rantax S.Raw material Godown receives the following material from the supplier:Supplier Name RIL. Ltd RSA.Socete Novvelle Textile Maclou France and many others Suppliers From INDIA AAT.
50+1. Recombing Dept.50 Ton 4.90 (3.30+0. Converter Dept .0+3.70 Ton 3. Raw Material Greasy Wool TOW PSF+VSF Wool Top+Poly Top+PSF Wool Top+Poly Top Weight 7.Raw Material Receipt and Consumption per Day average
Per day Raw Material Receipt Average 30-40 Ton Details of Raw Materials Greasy Wool TOW PSF VSF Polyester Top in & outside Wool Top in & outside 8.30(2. SVSPG Dept Dyeing Dept.90 Ton
Details of Raw Materials Department Combing Dept.80+2.00 Ton 4.00 Ton 1.90 Ton 3-5 Ton 3-10 Ton 1.40+1.0(8 Ton) 1.90+4.50 Ton
Per Day RM Consumption Average 25.40 Ton)
.70 Ton) 3.
Golden Peacock EM Award. ISO: International Organization for Standardization Company got certification in ISO 14001: 1996 certified in Nov. ICMF’s Energy Conservation Award. the right way. first time and every time. 2004 The company stringent quality control system ensure that its blends match the exacting Standards of its customers in terms of chemical composition. National Energy Conservation Award. maintenance of quality to manufacture and supply high quality polyester-wool and polyester-viscose and furnishing fabrics and activities for maintaining environment of factory unit. Company Achievements: ♦ ♦ ♦ ♦ ♦ National Energy Conservation Award. National Energy Conservation Award. Quality: Quality means doing the right thing. mechanical properties.ADOPTION OF QUALITY STANDARD BY RAYMOND LIMITED TEXTILE DIVISION
At Raymond Limited (Textile Division). Chhindwara got some quality life for their factory unit and that is ISO which gives the certificate for quality assurance. yarn and inclusion rating. Chhindwara. polyester. 2002 ISO 9001: 2000 certifies in March. Raymond Limited (Textile Division). automation. viscose. 1999 2000 2002 2004 2006
adoption of cleaner technologies.
. waste avoidance and best operating practices. skill and competence of all its employees and contractors. water and electrical energy. Raymond Limited shall strive to strengthen the awareness.ENVIRONMENTAL POLICY ADOPTED BY RAYMOND LIMITED
TEXTILE DIVISION – CHHINDWARA Raymond Limited (Textile Division). Chhindwara is committed to manufacture and supply high quality polyester – wool and polyester – viscose blended suting and furnishing fabrics and to demonstrate excellence in environmental performance of all its activities. Specific objectives and targets are established. The environmental policy is communicated to all persons working for and on behalf of the organization and is available to all interested parties and the public. Raymond Limited is particularly conscious of its potential of impact on water use and quality during the manufacturing operations. Raymond Limited is committed to comply with all legal requirements of manufacture and delivery of blended fabrics. in particular. As well as issues associated with transportation of its products. It has therefore institutionalized sound environmental management systems and strategies including pollution prevention. effective resource management. the company is committed to optimize consumption of all resources including chemicals. Products and services on a continual basis in accordance with the requirements of ISO 14001:2004. monitored and reviewed at appropriate intervals in order to track and verify environmental performance.
O. WARPING WEAVING DYEING (not required for fiber dyed) SINGEING
. F.POLYESTER FABRIC PROCESS CHART
MIXING BLOW ROOM CARDING DRAW FRAME SPEED FRAME RING FRAME AUTO CORNER PLY WINDING T.
WASHING DRYING RESIN FINISH SHEARING DECASTING PRESSING PERMANENT FINISH FOLDING WARE
Administration activities are launched by government in same format. The traditional recruitment can be internal i. which are to be followed by the staff and employees for smooth working of the company. The HRD mainly follows the two aspects for managing the employees.It includes the rules and regulations. 7.
6. Resolving disputes: .Industrial disputes act resolves strikes and outlets. Bargaining with the union. payment of wages is done according to minimum wages act.e. Union management.
4.The department establishes a relation. They are:• •
Traditional aspect Developmental aspect
The traditional aspect is related only to the old age concept of human resource management.HUMAN RESOURCES DEPARTMENT (HRD)
HRD is the heart of Raymond. It includes providing facilities like lunch. Agreement: . bus for traveling. 8. It can also be external from some consultant management schools.
The development aspect includes activities such as:-
. which will be beneficial to the company in long term. the employees are promoted or their relatives.
urgency. by newspaper advertisement etc. Industrial relations: . as it has to manage all the employees tactfully.
3.It is decided on the basis of the work or designation. It carries out the functions mainly of:1. Recruitment: . The working of HRD encompasses all the departments. Workmen compensation act and employees state insurance act is implemented. Even providing security is the part of the administration.The employees are recruited on the basis of value and
2. Administration is also a function of the HRD department. Payment of salaries and wages: . 5.
objectives are defined for the year. Training is provided either internally or externally. The off job training is provided to mostly executives. 4.It is used to motivate the employees and to avoid monotony. Superior appraisal (90°) c.
. society for workman. Some temporaries and trainees are appointed in case of absenteeism. Self appraisal b. so that they should work with complete commitment. very good and good. Engineers and HRD workers do timely study.It is to coordinate the management with the employees.Quarterly appraisals are done and
2. etc. Besides these facilities such as recreation to the staff and their family. B and C rating is given like excellent. Performance Appraisal: . Its main objective is to sole the grievances of the employees. Job Rotation: . Peers appraisal (180°) d. schemes for children. Promotion: .Training and development is provided on the basis of their needs.It is provided on the basis of sincerity and merit.
6. The training is provided mostly on job.1. Subordinate appraisal (360°) Training and development: . In this A. transportation canteens. are provided. Grievance management: . there are 210 permanent employees in such shifts.
In all. There are 4 types of appraisals:a. 5.
The company has obsolete technology. for product and new technology. The company has qualified and experience Human Resource for selection and recruitment. The company has many Bank facilities like long credit time and other facilities.STRANGTHS and WEEKNESSES STRANGTHS
The company has strong Research and Development dept.
The company has less man power according to the work. The company has low production in off session.
The company has maintained growth from last many years.
There are many competitors in the market. There are so many other factors like environment. political and regional. As the population increase the demand of product will increase. The Indian market is the main market of the company but it is very unstable.OPPORTUNITIES & THEREAT
Large and growing market the available to the company is very large continuously growing.
Raymond Ltd having the good human resource. This company has the large share of the market. The company Raymond have the main competitors are not the Indian they are also the multinational companies but they are not the Indian company. All the departments are well established and fulfill the need of the employee. The entire employees in the company are well trained and qualified in to the work. If company will improve in the all mentioned sector the sell of the company will increase and the company will achieve the top rank in the competition Raymond Ltd is one of the leading multinational companies in India.
. This company produces fabrics. So the work environment is very good. It is having more turn over comparing then other fabric companies in India. The company is doing well in the market but have to improve the quality of the product. The machinery used in production is also not so updated.
The Raymond in Chindwara is mainly produces the fabrics .
.C. Department and this department makes the production plane for the month and gives to the Production Department and fabric are made and distributed in the market. The production is done on the basics of marketing requirement. The requirement and the other information is gathered by the Marketing department this requirement is send to the P.P.
1) Raymond should develop managerial skill particularly to identify the
weaker section to reach the benefits the social and economic objects. 2) Raymond must play prominent role in financing which may result in
rising level of income and employment. 3) The present official staff of Raymond can be given a suitable
management training that modern management concept and management technologies can be vitalized in the day to day business of Raymond for the further improvement.
• WWW. financial management
• Annual report of company Raymond Limited • Company manuals
• Saxena & vashist cost accounting • Company profile WEBSITE
BOOKS • IM Pandey.RAYMOND.GOOGLE.