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INSTITUTIONAL TRAINING REPORT

ON
Sri Dhandapani Associates
Submitted by

J.RITHAN

19BBA039

Under the guidance of

(NAME OF THE GUIDE with designation )


Submitted in the partial fulfilment of the requirements for the award of the degree of

BACHELOR OF BUSINESS ADMINISTRATION

2021-2022

GRD INSTITUTE OF MANAGEMENT


Dr. G .R. DAMODARAN COLLEGE OF SCIENCE
Autonomous and affiliated to the Bharathiar University
Re-Accredited with ‘A’ Grade level by the NAAC
An ISO 9001:2008 Certified Institution, Graded ‘A’ by CRISIL
Civil Aerodrome Post, Avinashi Road
Coimbatore – 641014
DECEMBER 2021
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CERTIFICATE

This is to certify that the report on Institutional Training done at “


NAME OF THE COMPANY” is a bonafide record of original work done by
(NAME OF THE STUDENT WITH REGISTER NUMBER) submitted to
GRD Institute of Management ,affiliated to Bharathiar University, in partial
fulfilment of the requirements for the award of the degree of BACHELOR OF
BUSINESS ADMINISTRATION , and that the report has not formed the
basis for the award of any degree, fellowship or any other similar titles of any
other institutions.

_______________
______________________

Faculty guide Head of the


department

Submitted for Viva-Voce Examination held on

_____________________________________

___________________

Examiner

__________________

College seal

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DECLARATION

I J.RITHAN, hereby declare that this report on Institutional Training done at


“Sri Dhandapani Associates” SUBMITTED to GRD Institute of Management
is a original record of the Internship work carried out by me under the guidance
of NAME OF THE GUIDE with designation in partial fulfilment of the
requirements for the award of the degree of BACHELOR OF BUSINESS
ADMINISTRATION.

Place: Coimbatore

Date:

Signature of the candidate

J.RITHAN

19BBA039

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ACKNOWLEDGEMENT

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TABLE OF CONTENTS

Chapter Contents Page


No. No.
1. INTRODUCTION
1.1Introduction to the Industry

1.2Introduction to the Company

2. ORGANISATIONAL STRUCTURE

3. FUNCTIONAL DEPARTMENTS

3.1 Purchase department

3.2 Production department

3.3 Quality control department

3.4 Marketing department

3.5 Finance department

4 SWOT ANALYSIS

5 CONCLUSION

6 BIBLIOGRAPHY

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CHAPTER-I

INTRODUCTION

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1.1 INTRODUCTION TO THE INDUSTRY

Utensils are mainly manufactured by small and medium enterprises spread across
various clusters in India and provide employment to sizeable workforce. These products are
of immense daily use in the household and hence there is a large market base in India with
more than 250 million households. Utensils are of many varieties and the most important of
them being Kitchen Utensils used for the preparation of meals. They are used for mixing,
cutting, shucking, and many other activities in the kitchen. From mixers and blenders to
spatulas and whisks, there are utensils for the preparation of every type of meal, and every
level of cooking. Kitchen utensils should have good cooking efficiency by the shape, size and
thickness of the utensil. The utensil should be appropriate for its intended use so that the kind
of heat used will be distributed evenly. This will ensure proper preparation of the food being
cooked at the proper temperature. Kitchen utensils should offer versatility for everyday use.
They should provide plenty of flexibility for preparing many types of meals. Durability and
reliability are the two most important features of utensils, as they will stand up to wear and
tear, and last a lifetime.

History of Utensils in India

Before digging out on the ancient Indian cooking utensils, let us first get an idea of
the raw materials that were used to manufacture these olden days’ kitchen equipment. They
form the basis on which these utensils were being used. From a broader perspective, there
were mainly five categories that were used from ancient times in India.

Stones

These are generally used in grinding. As opposed to the stainless steel blades that are
used in the mixers, for grinding using sharp blades that are made out of stainless steel, the
usage of stone goes back to olden days of the kitchen. The taste of the ingredients, when
ground using ancient Indian cooking utensils manufactured by stones cannot be compared to
the others. This option along with its unique taste is healthier too. 

Clay

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Clay is used in many olden days’ kitchen equipment. Though clay is a bad conductor
of heat, it is not that it cannot pass heat through it at all. There is a slow and constant heat that
gets transferred to the whole cookware making it easy to heat uniformly. it takes a lot of time
to get heated as said earlier. They are also used to store food once they are cooked.

Ceramics

Ceramics, on the other hand, are in a way sophisticated clay for the fact that they are
baked to solidify. It is inert, as they do not react with any of the food ingredients forming
toxins. The ceramics picked should not be the one that is contaminated by adding poisonous
substances.

Metals

The utensils made using the metals are the most used materials. They are used in
many forms, each one for different purposes. As is there are several metals. Due to this fact,
there are vast forms of utensils that are carved out of these. We should be extra careful while
using metals, unlike the previously mentioned materials, as all the metals are not good when
it comes to cooking.

Copper

Copper is widely used for storing water other than heating, where only the portion
where fire touches the metal is made using copper. This is due to it being a great conductor of
electricity. It is very reactive with most food items, so it is better to confine it to store water.

Cast Iron

After a very long vacation, fortunately, cast iron is coming back to the Indian
kitchens. They are very good conductors of heat because of which they serve a great purpose
in transferring heat to the Kadais very efficiently, uniformly, saving fuel. The iron that is
heated makes the food items to absorb some amount, making us compulsorily consume them,
which acts as a bonus health benefit, Being careful about rust and some reactive acidic sour
items, we can make use of this for most of the dishes along with the health benefits that it
provides

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Stainless Steel

They are universal, in the sense that without getting rust and not reactive to any kind
of food ingredients, irrespective of their taste, this can be used in cooking safely, but the
health benefit bonus of cast iron is not applicable here.

Bronze

Called as Kansa in most parts of the country, it is mostly used in East India for several
things, such a Plates ,Tumblers to drink water, Serving bowls to serve food.The advantages of
this metal being the health benefit of purifying the food served through it or eaten using this
metal plate.

Silver

Silver, being an expensive metal now, can be rarely seen in households. But back
then, silver was used in both kitchens and religious work. The best use case of silver is in the
plates. When eaten using silver plates they throw abundant health benefits, like:

Gold

When silver is hard to be kept in our routines, it is highly likely that gold can be
brought into our regular schedules. But if you can afford it, there is nothing like it. It is not
just a metal that looks beautiful, but a metal packed with high benefits. 

1.2 INTRODUCTION TO THE COMPANY

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SRI DHANDAPANI ASSOCIATES has been in business since 1995. Today, it has
two factories and about 63 persons working employees. We produce high quality aluminium
cooker in the market and has expanded the products distribution since 2001 in south part of
India. SRI DHANDAPANI ASSOCIATES has sold over 5 - 6.5 lakhs pressure cookers and
cookware. The company turnover is around 40-45 lakhs All DHANDAPANI cookers are
listed and testing products for public safety. From February 1, 2021, the Government of India
has made it mandatory to list all Pressure Cookers manufactured and sold in India with the
Bureau of Indian Standards, commonly known as ISI. Hence additionally, all Pressure
Cookers manufactured by us have certification of BIS and carry the ISI stamp mark too. Each
pressure cooker made by DHANDAPANI features an inside fitting lid. This design is
inherently safer than conventional pressure cookers. To open this cooker, you have to first
lower the lid slightly into the body of the cooker; and that cannot be done until the steam
pressure inside the cooker falls to a safe level. Thus these pressure cookers are pressure
locked.

This Company is well known for not compromising on quality .The most thorough
research and development, the most careful selection of materials, the best manufacturing
practices and the strictest quality control - all go into making pressure cookers which are
trusted by the thousands of families using them. Each cooker is tested to be leak-proof. Along
with a superior pressure regulating system, this ensures that it cooks quickest. Each pressure
cooker comes individually packed in an attractive full-colour carton. Cookbooks/Instruction
Manuals come free with each pressure cooker. All pressure cookers are guaranteed for five
years. The motto of Sri Dhandapani Associates will be to provide the best quality, with
reasonable prices. The company will have to continue same motto and provide better at lower
rate. One of the good things will be that we will hold briefing discussion every day. In which
we discuss the problem and find solution. Every business unit wants to earn maximum profit.
But, Sri Dhandapani Associates aim will not only earn maximum profit but also take care of
people health and product quality. We will never compromise with quality this will be the
way by which we can Capture the market as well as earn profit.

HISTORY

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1995
Founder – Dhandapani
This industry was found by Dhandapani in 1995 and then later group of people invested for
the expansion of the business

2000
Set up a Factory in erode
The Factory was set up in erode, which manufactured aluminium products for the local
region market and now they are popular in the southern part of India among the dealers

2003
Set up another Factory
Sri Dhandapani Associates set up another manufacturing unit in erode at the time of 2003

2009
New Technology
Set up a new impact bonded line for manufacturing of pressure cookers and cookware.
2014
New Age Materials
Introduction of Triply Series which made revolution in the Indian Kitchen

VISION& MISSION OF THE COMPANY

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VISION:-

Vision of the SRI DHANDAPANI ASSOCIATES will maximum customer


satisfaction by providing qualitative and good product to customer. Job satisfaction of
employ will also short goal of the industry.

To become the top priority cookware for all your cooking needs and the kitchen companion
for every cook or anybody who aspires to be one.

To provide customers with a healthy and enjoyable cooking experience by manufacturing


quality products with innovative and top of the line technologies and timely delivery services

MISSION:-

Mission of SRI DHANDAPANI ASSOCIATES will expand market as well as


market share of industry. Industries want to convert small scale industry in medium scale
industry with the customer satisfaction. Industry wants to build strong image in the market.

We have one overarching goal: to win over customers, to truly please them by delivering
products and service beyond their expectations, to earn their friendship and build
relationships that will endure.

We offer products that are needed, well-designed, well-made and reasonably priced. We
continually strive to improve our products and customer service.

Pleasing customers is our livelihood and our vocation. It is the best way we have of
fulfilling the expectations of shareholders, employees, vendors and other associates. Our
single-minded determination to please customers drives the kind of people we employ and
promote, the investments we make and the results we produce. Pleasing customers is a matter
of who we are, of being true to our roots.

Product list

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BASIS AND

PRESUMPTION
This is a normal basic
pressure cooker. This is the
fast moving product of this Tumbler
industry
Shift Single shift
Working hours 9:30Am to 6:30Pm
Break 1:00Pm to 2:00Pm

• The wages proposed


as per privileged
wage practice in the
area.

• Land value and


construction cost has
been taken on an
average basis science it varies from place to place.
This product is known as This product is similar to a
pan. The company even
• The cost of machinery & equipment has been proposed basic cooker but this has a
after
manufactures it in different type of closing lid
consulting
aluminium and even in the machinery supplier nearly all the machines
whichareis known as inner
stainless steel available locally. gasket(this is safer than basic
cooker)

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How does a pressure cooker work?

A. High-pressure steam rapidly transfers heat to the surface of any food not submerged in
liquid.

B.A spring-loaded valve is normally open so that air can escape. As heating begins,
expanding vapour pushes this valve up, closing off the vent. (At very high pressures, it rises
farther and reopens the vent to release excess steam.)
The valve regulates the pressure inside the cooker to a present level typically 15 psi above
atmospheric pressure; this value is called the gauge pressure. At these elevated pressures,
water boils at 114 °C respectively. As soon as the cooker reaches the correct cooking
pressure, reduce the heat to avoid over-pressurizing it.
C. The sealing ring, typically a rubber gasket, prevents steam and air from escaping as they
expand. This causes the pressure in the vessel to build as the temperature rises. Any food
particles stuck in the seal can cause it to leak steam, so check and clean the gasket regularly.
D. The lid locks with a bayonet-style mechanism that pushes against the sides of the cooker.
Frequent over-pressurization can damage this mechanism and render the cooker useless.
Other designs use bolts that clamp around the outside.
E. The handle locks as well, to prevent the lid from opening while the contents are under
pressure.
F. There is too much liquid in this cooker. Generally, you should fill the pot no more than
two-thirds full.
G. Water vaporizes into steam, increasing the pressure inside the cooker as it heats. Because
the boiling point of water depends on pressure, it rises too, just enough to keep the water and
steam temperature hovering around the boiling point for the higher pressure. The pressure
continues to rise until it is stabilized
by the valve.
H. Add enough water to the pot,
either around the food or under a
container of a food elevated above
the bottom of the pot, to enable
plenty of steam of forms

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How Are Pressure Cookers Made?

Pressure cookers are some of the most convenient kitchen equipment available.
Pressure cookers are used to prepare food quickly and efficiently thanks to the power of
trapped steam pressure.

Pressure cookers are faster compared to most cooking methods whether boiling, braising or
steaming. The high-temperature environment that is created in a pressure cooker also helps
caramelization and browning to occur, which further gives you more variety in the types of
foods that can be prepared in a pressure cooker.

How Are Pressure Cookers Made?


A pressure cooker is technically a simple pot that comes with a lockable lid and valve
that is used to control the pressure inside the cooking pot. The lid is responsible for trapping
the steam, which then causes the pressure inside the pot to build up.

The increase in pressure consequently raises the boiling point of water, which drops the
cooking time considerably. All pressure cookers maintain the same mechanism for preparing
food. Despite this similarity, there are several notable differences in design and features
among various brands, models and manufacturers.

Basic Parts of a Pressure Cooker

The pressure cooker consists of 3 main parts:

The inner pot, which is where all the cooking takes place

The lid- the part responsible for sealing in the moisture and pressure

The base which is where the heating takes place.

The Pressure Cooker Lid

The pressure cooker lid is perhaps the most important component of the entire
pressure cooker. The lid is where all the safety mechanisms and systems are placed so it must
always be handled with caution and treated with care. The lid is where the pressure valves
and the sealing mechanisms are held.

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The valve and pipe are where the steam comes through; before you attempt to use your
pressure cooker, you must make certain that the valve and pipe are free and clear of any food
blockage or residue.

Lids are designed differently depending on the brand in question. If you turn over the lid of
some pressure cookers, you might notice a small basket that is put there to prevent food from
reaching the pressure valve. Some brands also add a false ceiling to keep these critical
components of the pressure cooker safe and free from blockage.

The Base

The base of the cooker is where all the heating occurs because it is where the heating
elements are situated. The temperature sensor, as well as the programming panel, is also
located within the base. The temperature sensor is what helps to keep track of the temperature
of the system.

If the sensor detects excessive heat inside the pot, it will automatically shut itself off. The
programming panel consists of all the pre-set programs and buttons that are used for
operating the pressure cooker. Different models and manufacturers have differently designed
panels as well as some similar programs.

The Inner Pot

The inner pot of the pressure cooker is where the food is actually cooked. The pot can
be made from different materials including ceramic, stainless steel and aluminium. The inner
pot is usually removable and can only be filled to a maximum level for cooking to occur
properly and to prevent the safety mechanisms situated on the lid from spoiling.

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PROCESS OF MANUFACTURE.
The pressure cooker consists of components like main body, lid, regulator, gasket,
fusible plug, handles, lugs etc. The main body and lid of the pressure cooker are
manufactured of aluminium alloy sheet/Circles of different thicknesses depending upon the
size and specifications of the Cooker.

The components i.e. pressure regulator, Bakelite Handles and Lugs, Rubber Gasket, Fusible
Plugs, Screws, Rivets, Packing Boxes etc. are usually purchased from outside sources by the
pressure cooker manufacturers.

In the manufacturing of pressure cookers operations like circle cutting, deep drawing of
body, drawing of lid, trimming of body and lid, notching of body, drilling of holes in body
and lid, fixing of lugs, handles, vent pipe, buffing and polishing, testing, packing etc. are
involved.

QUALITY CONTROL AND STANDARDS

The Indian Standard Specification No.

IS 2347:1995 for domestic pressure cooker and IS 1766:1994 for Rubber DOMESTIC
PRESSURE COOKERS 75 Gaskets for cookers and other relevant specifications prepared by
the BIS should be followed for quality control and various tests. The manufacturer should
have arrangement to carry out the important tests in the factory premises.

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CHAPTER-II
ORGANIZATIONAL CHART

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ORGANIZATIONAL CHART

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CHAPTER-III

Functional departments

When a business has a traditional hierarchical structure, it will be typically structured


by functional departments i.e. departments with clearly defined roles and responsibilities.
This division into functional departments helps with communication as people know who to
speak to if a problem arises. It also helps workers understand their roles and how the business
works, setting out the responsibilities of each part of the business.

Although departments are separate from each other, their roles are connected. For example,
the human resources department is responsible for making sure that the other departments
have enough workers with the right skills; the finance department ensures that there is money
available to carry out activities across all departments.

Marketing works with production by providing information about the products that
customers want, whilst purchasing has the job of making sure that there are enough materials
for production to manufacture.

Depending on the nature of the organisation in question, some departments are likely to be
much larger than others. For example, in a car manufacturing business, operations
management is likely to employ the majority of the workforce. Nonetheless, the other
functional departments are essential to the success of the business no matter how efficiently
the production line is run, there is no point in producing thousands of cars per week if the
sales and marketing department have not persuaded enough potential customers to purchase
them. All functional departments must work in conjunction with one another in order to
achieve a common set of objectives set out in the corporate plan.

Functional objectives

These are the goals of each of the functional departments if a business is to be


successful then these objectives must be closely tied to the corporate objectives. For example,
if the marketing department sets itself a goal of achieving 10% more sales over the next year,
whilst the human resources department is seeking to reduce staffing by 5% across the

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company in the same period, then they are likely to be working against each other. Goals
must be carefully coordinated to ensure that they are consistent with the corporate objectives
in other words, all departments are working together to achieve the same overall objectives of
the organisation.

DEPARTMENTS

3.1. Purchase Department

3.2. Production Department

3.3. Marketing department

3.4. Finance Department

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PURCHASE DEPARTMENT

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3.1 PURCHASE DEPARTMENT

Purchasing is the process of buying or acquiring goods and services to make supply
chain management more efficient. Goods, materials, and equipment procured in this process
play a key role in improving the quality of products/services produced by the organization.

Ultimately, the purchasing process impacts the product quality and helps in optimizing costs
in the value chain.

Now, every organization has its specific needs when it comes to the sourcing and
procurement of equipment, raw materials, and services. These needs define the purchasing
process and how its purchasing department functions.

Based on these needs, an organization sets the purchasing departments responsibilities and
streamlines its procurement plans to guard against demand-supply hurdles. Let’s understand
the role of a purchasing department in this process

Key Functions of Purchasing Departments

All purchasing department functions are aligned with the business objectives of an
organization.  Here are some of the basic purchasing department functions:

● Identify business requirements for goods, materials, and services


● Find reliable suppliers to meet these requirements
● Negotiate prices, build quality, and delivery terms
● Set up the order quantities and making bid requests on supply contracts
● Coordinate delivery and storage operations
● Run quality control and product testing

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Purchasing Department Staff

The purchasing department staff is composed of various professionals who identify the
supply needs, manage requisitions, control budgets, and procure goods at competitive prices.
Purchasing department staff includes:

● Purchasing Manager: Leading the department, the manager supervises all purchases and
works closely with business executives to understand their business needs thoroughly.

● Based on this, purchasing managers distribute the purchasing department responsibilities


among the purchasing officers.

● Purchasing Officers: Under the purchasing managers supervision a team of professionals


runs the buying activities. They explore and evaluate the needs based on the order size and
the business priorities set by the manager.

● Their work helps the purchasing manager in working with supply agents and taking the
best procurement decisions for the organization.

● Agents: Like mortgage brokers, these agents execute the purchase department
responsibilities at the ground level. Negotiating prices, finding alternate vendors, and
obtaining bulk discounts are some of the key activities that these agents handle.

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RAW MATERIAL

The raw materials are the most important component of the production process. When
the raw materials are collected then and only then production is possible. If the raw materials are
available in the cheapest way it is the most important advantage for the firm. The raw materials
can be compared to water, air and food for human beings which are very important so as the raw
materials for the firm .The raw materials are like the parts of human body without which the
person cannot perform his activities. Raw materials are very important requirements of every
industry & mainly for manufacturing unit. The production of any product is not possible without
raw materials. Raw materials are regarded as assets and are given or sold at higher price.

SRI DHANDAPANI ASSOCIATES also considered the raw materials as the key factor in
production unit. The main raw material used in Pressure cooker is: aluminium circle, Whistle, gas
kit, Bakelite handle. SRI DHANDAPANI ASSOCIATES purchasing the raw material from
Chennai, Mumbai. Raw material will be the basic need of all types of organization of all medium
and large scale industry. Without raw material production process will impossible. Raw material
is life blood of production department.

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RAW MATERIAL
• Aluminium Circle
• Whistle set
• Gas Kit
• Bakelite handle:
• Safety valve
• Cooker Rivets

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PRODUCTION DEPARTMENT

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3.2 PRODUCTION DEPARTMENT
The first function is to establish standards in regard to the quality and the quantity of
the products being made. Typically, these standards are placed throughout the process, not
just at the beginning or end. The second function of the department is to work with the
purchasing department to ensure enough materials are on the production line and to ensure
replacement of any broken equipment. The purchasing department works with other
departments to make sure purchased equipment and materials are all stocked and available.
The next function is to work with the design and technical department to ensure the product is
built to the correct specifications and to place any new designs or changes to the product onto
the line. Finally, the production department collaborates with the works department to ensure
there is a proper workforce available to check the quality of the product and make any
necessary repairs to any equipment that breaks. The production department does not work
directly with the marketing department. However, it remains in contact with marketing to
ensure the products are attractive and desired by customers.

Objectives of Production Management

Production in Right Quantity


Production management formulate and implement various production strategies to
ensure production in right quantity. Production in the right quantity is important for every
organisation to ensure profitability.

Excess or shortage in production will have adverse effects. Excess production of products
will leads to blockage of funds in inventory. Where as the shortage in production will create a
shortage of its products and will not be able to fulfil demand.

Minimisation of Production Time


Completion of production activities timely is essential for the achievement of the
goal. Production management designs schedules for various production activities of business.
It monitors all production activities and ensures that all operations are going as per planned
schedules. In case of any deviation in production activities, production manager takes all
necessary corrective measures to remove these deviations.

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Production of Right Quality
Production management ensures that quality products are manufactured by the
organisation. It aims that customers’ expectations are fulfilled by the product. Attempts are
made to convert the needs of customers into production specification while designing a
product. Certain standards are set through production management process and attempts are
made to fulfil these standards.

Minimisation of Cost
Cost reduction is the primary focus of every business. Production management aims
at minimising the cost of product activities of business. It involves usage of sound supply
chain management in production planning minimising the overall production and supply cost.
Production management estimates the true cost of a product before its production and tries to
keep its production cost within the parameter of pre-estimated cost.

Planning and Control of Materials


Production management helps in maintaining the optimum stock of inventory within
the organisation. It keeps complete record of all materials required for various production
activities. By maintaining records, shortage of any raw materials can be easily detected. It
helps in ensuring that all raw materials are always available in the right quantity so that
production activities are not affected.

Optimum Utilisation of Resources


Proper utilisation of all resources is must to earn the desired profit and achieve desired
goals. Production management issues rules and guidelines for all persons associated with
production operations. It monitors their activities and helps them in improving their
efficiency. Production managers check the overall activities and productivity of all
departments of organisations. It is ensured that there is no wastage of resources and all
resources are efficiently utilised.

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Production Department of the industry

FLOW CHART OF PRODUCTION PROCESS

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PRODUCTION PROCESS

The assembling process & manufacturing process of handle is not as critical as other. It
requires some amount of technical knowledge because the quality production.
Manufacturing process involves following few operation

Aluminium circle or required size will press in deep drawing press with
the help of suitable die
• Edge of the cooker is out on spinning machine.

• Cooker will then be cleaned buffed on buffing machine on outer


surface and sand blasting with done in the inner surface with help
of spray pump.
• Primer coating will do into the outer surface and dried.

• Teflon and few pigment will mixed in required proportions will


made and coating will done in the outer surface.
• Cookware’s thus produced will then takes off and necessary fixing
and. handles etc is made on it and then packed.

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QUALITY CONTROL DEPARTMENT

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3.4 QULITY CONTROL DEPARTMENT

Present era is the Era of Quality. In this age of cutthroat competition and large scale
production, only that manufacturer can survive who supplies better quality goods and renders
service to-the consumers. In fact quality control has become major consideration before
establishing an industrial undertaking. Proper quality control ensures most effective
utilisation of available resources and reduction in cost of production.
Quality is near an accident it is always the result of high intention, sincere effort intelligent
direction and skillfull execution. Above all, quality means setting the highest standards for
their selves. In industrial context quality is defined in much more functional fashion thus we
can say that quality means Fitness.. It is also considered as the sum total of the attributes or
properties that describe the product. Today the existence of any manufacturing unit depends
on the quality of Product or services it manufactures or supplies. The image or goodwill of
any unit is closely related to the quality of product made or supplied by that unit.

In the SRI DHANDAPANI ASSOCIATES Industry are too much conscious about its
product. Industry will have latest equipment for the checking of raw-materials and fished
product. So that Industry can maintain quality of their product and build image in the market.
Industry will first check finishing of cooker, then test whistle test and at last pressure. Quality
testing involves each step of the manufacturing process. Employees often begin with the
testing of raw materials, pull samples from along the manufacturing line, and test the finished
product. Testing at the various stages of manufacturing helps identify where a production
problem is occurring and the remedial steps it requires to prevent it in the future. The quality
control used in a business is highly dependent on the product or industry, and several
techniques exist for measuring quality this 100% inspection method is a quality control
process that involves looking at and assessing all parts of a product. This type of quality
control is done to rule out flaws in products. This method is often used to evaluate valuable
metals and produce. When conducting the 100% inspection method calls for data about the
manufacturing process and software to analyze inventory. Implementing quality control
procedures ensures you are selling the best products to your customers. In addition, practicing
quality control has a positive impact on employee conduct. Quality control can inspire

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employees to create high-quality goods leading to greater customer satisfaction. ensure that
all the products, make by professionals are of standard quality by controlling
and testing of incoming material, in-process and outgoing products.
The Quality Control Department is responsible of monitoring and ensuring that each
stage of production is followed by all the necessary procedures for safe use of machinery and
that each product coming out of the production process, complies with all standards and
specifications that have been defined so to ensure a smooth and trouble free operation.
The quality department of the company is most important and functionalize. Before
manufacturing the product all test of maintaining the quality standards are formulating in
these departments. Right from the procurement of raw material till the final delivery of
finished products, their experts scan the range for the following parameters:
❖ Strength
❖ Quality of material
❖ Design
❖ Finish
❖ Durability
❖ Abrasion resistance
❖ Power consumption
Quality control (QC) is a process through which a business seeks to ensure that product
quality is maintained and checked at every levels of process.
In our company the Quality control methods are strategic procedures that ensure the
maintenance or improvement of a product's quality. Generally, these processes include
training employees, creating measurable standards for output quality, and periodically testing
items to detect any inconsistencies. In cooker manufacturing quality control plays an
important role as cookers are highly compressed into heat and air to cook the foods , that
cooker must be tested with air pressure check, heat check, leakage proof, proper fixing of
spares like handles and safety valve, and Gasket. Due to our adherence to these paradigms,
our range bear a trademark of superior quality. In order to sustain the reputation for quality
products, our professionals make sure that no lapses occur while testing the products.
Furthermore, it has developed a cordial relationship with their clients in order to understand
the increasing demands and provide timely delivery of products to our clients spread across
the mark

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Objectives of Quality Control

1. To promote and ensure the image of Indian goods exported to other countries.

2. To ensure goods of assured quality alone are sent to the market.

3, To sustain foreign markets where Indian goods are well received and develop new markets
with competitive edge.

4. To install confidence in the minds of overseas buyers with the assurance provided by the
third party guarantee.

5. To address strictly to technological requirements of the product accepted by foreign


buyers.

6. To ensure sound and safe performance of the products without causing health hazards.

7. To observe conformity of rules and regulations of the importing countries.

8. To maintain proper packaging for the safety of the product during transit.

9. To eliminate the causes of complaints from the buyers and to improve the overall quality
of the Indian products.

10. To maximize production by achieving economies of scale.

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MARKETING DEPARTMENT

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MARKET POTENTIAL

• The market potential for Pressure Cooker is huge. While there are a vast no.
of people who prefer to buy the Pressure Cooker Thus, initially

• We will try to exploit these segments of market. We would also like to draw
attention

People which use different type of pressure Cooker.

• All public are fond of Pressure cooker especially in India. They used to
Cooking in lunch or dinner. In Market our product will be available easily.

• We are producing and supplying the product as per the demand.

MARKET SEGMENTATION

According to PHILIP KOTLER:-

Market segmentation is the sub dividing of a market is to homogeneous sub acts of


customers, where any sub-set may conceivably by select as a market target ton be achieved
with distinct marketing mix.
The concept of market segmentation is based on the assumption that markets are not
homogeneous but are heterogeneous. Market segmentation reflects reality in marketing
situation. Market segmentation ensures higher customer satisfaction and improves
effectiveness of the marketing programmed. Market segmentation is a customer’s oriented
philosophy.
CRITERIA FOR MARKET SEGMENTATION:
• Geographic
• Socio economic
• Marketing condition
SRI DHANDAPANI ASSOCIATES segment his market on the basis Of
geographic basis. Industries have local market.

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PROMOTIONAL EFFORTS

According to our study promotion is a communication activity whole main object is


to move forward or push forward a product, service idea in a channel of distribution. The
promotional activity always attempts to afford knowledge, attitude, performance and
behaviour.
You have best product with fair price people will not buy it they have many idea regarding
our product. So it is very important to awards the people from the existence of product, it
feature, uses, etc. is aspect help in awaking stimulating consumer demand for the product.
Not only that but it also helps in capturing & maintaining demand for product.
In modern marketing it is more tamp to attract the costumer by various promotional tools
gather than good product. Every company directly or indirectly plays, the role of
communicate and promoters. We are also going for sample testing.

PRICING POLICY

Pricing decision play a vital role in the development of any industries


because pricing policy is the only factor’ in marketing mix of any firm which
produces the revenue.

The product for which the firm deals in the main material or we can say product
acts as the heart of human body in the field. The product is manufactured in a
proper & exact manner’ but if the sales department does work for it then the
effort are useless.

There is various method of determining price of a product. Industries are as under.

1. Cost plus pricing method

2. Marginal pricing method

3. Going rate pricing method

SRI DHANDAPANI ASSOCIATES has adopted COST PLUS PRICING POLICY these
types of prices cover the full cost occurred and Company adds some percentage of margins

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DISTRIBUTION CHANNEL

According to WILLIAM J.STANTON:-

A channel of distribution for a product is the route taken by the title to


the goods as Industry move from the producer to the ultimate customers or
industrial users. Distribution channel may be defined the set of marketing
institution participating in the marketing activities Involve in the movement or
the flow of goods or distribution indicates rout pathways through which goods
and services flow from producer to customer. Channel of distribution includes
manufacturer, customer as well as intermediaries.

SRI DHANDAPANI ASSOCIATES is ignoring long distribution


channel Distribution channel of SRI DHANDAPANI ASSOCIATES cooker
industry is as follows:

PRODUCER

RETAILERS

CUSTOMERS

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COMPETITORS

Without competitor you can never win Competitor is one of the important partners of
the company's success without competition one can never know about his limitations but it
Le also the biggest hardly in success of the company.
SRI DHANDAPANI ASSOCIATES also her some competitors but because of good
performance of them Industry are able enough to face and compete with them
Competitors of SRI DHANDAPANI ASSOCIATES

• Prestige pressure cooker


• Vikas pressure cooker
• Hawkins pressure cooker
• Kumar pressure cooker
• Suraj pressure cooker

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Finance Department

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3.5 Finance Department

Finance Department is the part of an organization that is responsible for acquiring


funds for the firm, managing funds within the organization and planning for the expenditure
of funds on various assets. It is the part of an organization that ensures efficient financial
management and financial control.
The term, finance has to be understood clearly as it has different meaning and interpretation
in various contexts. In the words of Howard and Upton, finance may be defined as that
administrative area or set of administrative functions in an organization which relates with
the arrangement of cash and credit so that the organization may have the means of carrying
out its objectives as satisfactorily as possible
Accounts department mainly related with investment decisions, financing decisions,
dividend decisions, and enforcing financial decisions. It deals with finding out of various
sources for raising funds and its effective utilization. It includes cost control, financial
planning, management accounting, standard costing etc.

Roles and Responsibilities of a Finance Department


The contributions of finance department to any company and how these contributions
positively affect organisational performance will greatly depend on factors such as the extent
to which the owner/ manager is involved in his company. The roles and responsibilities of a
finance department include but are not limited to:

a. Bookkeeping
This is the most basic function of the finance department. It involves the day-to-day
recording, analysis and interpretation of a company’s financial transactions. This will include
the tracking of all expenses (purchases, payments etc.) and sales of finished products.
In some start-up companies, this role is often carried out by a bookkeeper who might be
replaced by more specialized payables and receivables clerks as the company grows or
expands its operations.

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b. Management of company’s cash flow
It is the duty of the finance department to manage all cash flows into and out of a
company and ensure that there are enough funds available to meet the day-to-day running of
the company.  This area also encompasses the credit and collections policies for the
company’s customers, to ensure that vendors and creditors are paid correctly and on time;
and that the company is also paid correctly and as when due.

c. Budgets and forecasting


In this function, the finance department works with managers to prepare the
company’s budgets and forecasts and also give feedback with regards to the financial
standing of the company. This information can be used to fulfil the cash needs of each
department, Plan Company staffing levels, plan asset purchase and expansions at minimum
cost before they become necessary. 

d. Management of Taxes
Running a company involves paying tax, and it is the duty of the finance department
to handle tax issues. This includes creating good corporate relationships with government by
remitting PAYE (Pay As You Earn) to the relevant authority, and ensuring that
implementation of tax matters are done within the framed policies.

E. Strategic Budgeting and Projecting


One of the main goals for your finance department should be to create and monitor
not only your overall company budget, but a variety of functional or departmental budgets, as
well. Budgeting requires research to estimate accurate revenue levels based on demand
forecasting. Using annual budget projections, your accounting staff can help you set targets
for profit goals and for overhead and production spending levels. Overhead includes costs
such as phones, rent and marketing, while production costs are those related to making your
product. Create monthly or quarterly budget variance analyses to see if you’re on track with
your revenues and spending or if you need to make changes before expenses get out of hand.

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F. Cost Containment and Purchasing Management
To ensure you get the best quality at the lowest price for materials, supplies and
services, make purchasing management one of the duties of your finance department. Require
that employees get multiple bids or present some justification for large purchases, and have
your vendors, suppliers and contractors rebid their contracts each year. Look for trends in
spending levels to determine where you can cut costs without sacrificing quality.

G. Debt Service and Credit Use


Letting your debt get out of control can have serious long-term impacts on your
business. Keep an eye on your credit use, including interest amounts you’re generating, the
scheduling of your payments and the status of your credit report and scores.

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SWOT ANALYSIS

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CONCLUSION

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CONCLUSION

In my point of view i can honestly say that my time spent with the industry resulted
in one of the best learning in my college life. I gained practical knowledge and I also had the
opportunity to meet many people and they helped me to learn about the industry.

I was able to contribute to the company by assisting and working on projects throughout the
internship project. I was able to learn a lot from people, one important thing that I have
learned in the time of internship is management skills and self motivation.

When I started, I realized what I had to do to the company so i planned my days and worked
so that I was not overlapping or wasting my hours. Through this internship project I’ve
learned the importance of time management, self-motivation, quality speaks and that our life
needed in way of development.

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CHAPTER-VI
BIBLIOGRAPHY

 Wikipedia
 Pakkapatriot
 Seriousseats

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