Professional Documents
Culture Documents
I INTRODUCTION
II INDUSTRY PROFILE
DEPARTMENT PROFILE
VI
CONCLUSIONS
1
I. INTRODUCTION
2
INTRODUCTION
Inplant training is an exercise for the students who are undergoing B.B.A program.
The objective of the study is to make the student familiar to the current industrial scenario. It
provides the student with the first hand idea on the general working of the organization. The
students get an environment where he/she can actualize the knowledge he has acquired in his
curriculum.
Some of the things that can be learned from this training are
To acquire the knowledge about the organization setup of Sengundhar cotton Mills
Pvt Ltd.
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II. INDUSTRY PROFILE
4
INDUSTRY PROFILE
The country’s 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 Kerala State Textile Corporation (KSTC). 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..
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 industry
occupies 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.
The Indian textile industry is one of the largest in the world with a massive raw material
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and textile-manufacturing base. Indian economy is largely dependent on the textile
manufacturing and trade in addition to other major industries about 27 per cent of the
exchange earning are on account of export of textiles and clothing alone.
In India organized textile mill sector has increased from 1787 in 2003-04 to 1789 in
2004-05. During the year 2003-04 the production of yarn was 3051.07 million kg and it had
increased to 3220.59 million kg in 2004-05. The number of workers worked in textiles mills
during the year 2003-04 was 9,28,000 and it have decreased during the year 2004-05 was
9,18,000.
India has the second-largest yarn-spinning capacity in the world (after China),
accounting for roughly 20 percent of the world’s spindle capacity. India’s spinning
segment is fairly modernized; approximately 35 to 40 percent of India’s spindles are less
than 10 years old.
During 1989-98, India was the leading buyer of spinning machinery, accounting
for 28 per cent of world shipments. India’s production of spun yarn is accounted for
almost entirely by the ―organized mill sector,‖ which includes 285 large. Man-made
fibers, wool and silk segment grew by modest 4.5 per cent per annum during the 5-year
period 2000-01 to 2005-06.During the first year of quota-free global trade, production
increased leaps and bounds. Textiles production increased 10 per cent over 2004. The
growth was fuelled by a 22 per cent rise in production of other textiles (including
apparels). Cotton textile also posted an increase of nine percent.
In the last six years, an estimated US$ 6.7 billion has been invested in the textiles
sector, aided by the Technology Up gradation Fund (TUF) scheme. The TUF scheme
expires in March next year (2007) and the quotas on China will be lifted in 2008. Hence,
companies will continue to add capacities over the next year. Also, according to CRISIL,
the sector is likely to rise over US$ 3.5 billion from the capital markets in the next few
years.
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The cotton textile industry, one of the oldest and major consumer industries in India,
has assumed national importance by virtue of size, investment, output and employment. The
industry produces a wide range of fabrics to suit specific needs of consumers. Further, the
cotton textile industry occupies a pre eminent place in the Indian economy by contributing a
major share and to the countries industrial production and providing cloth to its millions. The
industry also serves by providing direct employment to 60,00,000 workers in several of its
related activities.
India is one of the largest textile producing countries in the world. The share of the industry
in the export basket of India is around 20%. However, textile industry is vast developing
sector and when the competitions are exorbitant especially in its design and quality we have
to adopt modern technology management, machine so as to complete with other countries in
the international market.
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III. COMPANY PROFILE
8
INTRODUCTION
Textile spinning is one of the oldest industries in the country and the conventional process
with upgraded technology is being employed in varieties mixed at the blow room in the desired ratio
passes through carding drawing and simplex ring frames .The yarn outputs are packed in the
packaging department according to the demand in the market requirement. Cotton is one of the
essential textile fiber which is wide and cultivate all over the country . Textile goods are produced
by using the fibrous material
These fiber is classified into two kinds namely animal fiber and vegetable fibers. Maharashtra is one of
the leading state in our country for textile processing industry, Mumbai city is the capital standing first
in production center of north India .
Senguthar mills private limited is one of the best textile mills in Tiruchengode.
This mills is located at varapalayam, and this village is 7kms from Tiruchengode, in
Namakkal(DT).
The company was incorporated on 31 th march1980 under the companies act 1956. The
register number of the companies is U 1711 ltz1980ptc000928. the company was incorporated in 1980
and commented its operation on november 1982.
The company got a license capacity of 22000 spindles. At present the company has engaged
in those businesses of manufacture of cotton yarns and has achived a best place in business field and
financial result over the last 34 year of the company has induced 4 compars, a silver lab a ribbon lab.
9
The company is involved in blended cotton yarn, spinning ( not charkha ), cotton yarn,
spinning of cotton fiber including blended cotton, spinning of cotton fiber including blended cotton,
yarn of cotton, spinning (not charkha).
ACTIVE DESCRIPTION
Blended cotton yarn, spinning (not charkha), cotton yarn, spinning (not charkha) preparation
of cotton fiber including blended cotton, spinning of cotton fiber including blended yarn of blended
cotton, spinning (not charkha), yarn of cotton, spinning (not charkha).
Pallipalayam road ,
Varapalayam Thokkavadi,
Tiruchengode,
Namakkal (DT).
REGISTERED OFFICE
The factory is situated in the premises at, Pallipalayam road. Varapalayam Thokkavadi,
Tiruchengode, Namakkal (DT).-63721
a) Restrict the right of transfer its shares if any. This restriction is mean to preserve the
private character of the company
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b) Limit the number of its member of its member to 50. Transmission of number of
member is likely exceed 50 as mentioned in articles.
c) Cannot offer shares to the public.
Until otherwise decided in the general meeting of the share holder the company shall have not
less than 2 and more than 15 directors.
APPOINTMENT OF DIRECTORS
The director are appointed hire holding such office be subject to the retirement by rotation
by this appointment shall be automatically terminated if he ceases to be director under provition
of sec 283 of the companies act 1956.
Subject to the provision of the companies act. the director may form time to time entrust of time
being all the powers exercisable under these provisions by the director and may also confer such
power to be exercised for such objects and purpose with such restriction as they think expedient.
SITTING FEES
Sitting fees are fixed by the board of director subject to a maximum of Rs.200 besides.
Travelling and other expense in the meeting or committee.
ROTATION OF DIRECTORS
The 1/3rd of the total number of director shall be liable to retire by rotation.
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PRODUCT:
COTTON YARN
PRODUCTION RESOURCES
2. Electrical power
3. Labor
4. Stores
5. Packing material
THE SEAL
The common seal shall under the safe custody of managing director of the company
or any director authority by the board of director of the company. one of the director of the
company is empowered to affix the common seal and sing every instrument which the seal
company is so affixed.
Presently Cotton is used as raw material which is bought from local and other states.
Depending upon the yarn demand situations, the management will take orders for the raw
cotton and likewise the production takes.
The major contribution of cottons where from Andra Pradesh, Tamil Nadu.
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IV. DEPARTMENT PROFILE
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DEPARTMENT PROFILE
V. Systems department
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I. HUMAN RESOURCE DEPARTMENT
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HUMAN RESOURCE DEPARTMENT
GENERAL MANAGER
PERSONAL OFFICER[H R]
TIME KEEPER
Manpower Planning
Recruitment
Induction
Statutory compliances
Leave administration
Grievance Redresser
Personal counselling
Welfare
Performance evaluation
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-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 Malayalam and English newspapers. And in TV, media and tries
to attract as much as caliber people from the outside.
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. As it is a Govt company staffs and managers
will be recruited according to P.S.E exams.
-Methods of selection
The basic requirement for a 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
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-TRAINING & DEVELOPMENT FOR EMPLOYEES
There will be regular training & development programmes for all levels of employees,
i.e. Senior Management to lowest level workers regularly.
How the training need is analysed 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. Training Analysis
(sometimes called Training Needs Analysis (TNA)) is the formal process of identifying the
training gap and its related training need.
1 .INTRODUCTION
1. INTRODUCTION
18
Training analysis as a process often covers:
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.
K Tara Smith proposed and developed tools and methods for an integrated approach
Design Integrated Training Analysis, where the trade-offs between design and training are
both assessed in the light of the understanding of the operational tasks. This is being followed
in Sengunthar Cotton Mills
This approach also used information regarding recorded critical incidents to review
proposed training and to provide traceability between hazards and training.
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 for 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 operational 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‖.
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HOW TO CONDUCT A TRAINING NEEDS ANALYSIS
The needs analysis is usually the first step taken to cause a change. This is mainly
because a needs analysis specifically defines the gap between the current and the desired
individual and organizational performances.
1. Performance problems
In all three situations, the starting point is a desire to effect a change. Given this, you
must know how the people who will experience change perceive it. In the absence of a needs
analysis, you may find employees resistant to change and reluctant to training. They may be
unable to transfer their newly acquired skills to their jobs because of the organizational
constraints.
A needs analysis often reveals the need for well-targeted training areas. However, we
must keep in mind that training is not always the best way to try to close a particular gap
between an organization’s goals and its actual performance. Those conducting the needs
analysis must get a clear idea of the problem, look at all possible remedies and report on their
findings to management before deciding on the best solution.
When properly done, a needs analysis is a wise investment for the organization. It
saves time, money and effort by working on the right problems. Organizations that fail to
support needs analysis make costly mistakes; they use training when another method would
have been more effective.
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ON THE JOB TRAINING:
The trainee receives an overview of the job, its purpose and its desired outcomes with
a clear focus on the relevance of training.
The trainer demonstrates the job in order to give the employee model to copy.
Coaching
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Effective working obviously, requires patience and communication skill it involves
Following up
Mentoring
Job rotation
This kind of training involves the movement of trainee from one job to another. This
helps him to have a general understanding of how the organization functions. The purpose of
job rotation is to provide trainees with a larger organizational perspective and a greater
understanding of different functional areas as well as a better sense of their own carrier
objectives and intervals.
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OFF THE JOB METHODS
Vestibule training
In this method the employees are trained in a separate part of the organization. Actual
work conditions are stimulated in a class room.
Materials those are used in a job performance are also used in the training.
Role playing
Lecture method
Conference or discussion
This method involves a group of people who pose ideas, examine and share facts,
ideas and date, test assumptions, and draw conclusion, all of which contribute to the
improvement of job performance. The discussion involves two way communication
and hence feedback is provided.
Programmed instruction
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Labour welfare facilities
There are several welfare facilities some are canteen, rest room recreation room,
library etc.
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 labour 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.
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APRONS MASK AND CAPS
To safeguard the workers from the dust, company is providing aprons, masks
and caps for each worker, working in the company.
PENSION SCHEME
The scheme has been formulated for those employees who have retired from their job.
Pay role is according to the hierarchy of the organization. For the Managers and for
the staff as per the Government norms the salary will be there, for the permanent workers the
daily wages will be about 175 and for the trainees 125 excluding the other beneficial
payments and allowances.
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II. MARKETING DEPARTMENT
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MARKETING DEPARTMENT
-Product profile
One bag will having of 40 cones and the weight of one bag will be 50Kgs.
-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 a 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.
T.S.T.C will be mainly taking care of the product, they will be calling for tender and
who quotes the best price to them the yarn will be sold. If there is no sales then the yarns will
be taken to the godowns which are situated at Bombay and form their it will be sold.
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 be
like the yarn’s count so according to the change of the demand for the yarn, the market
demanded yarn will be produced.
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.
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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 reseved soon they will be producing the cotton yarn
as fast as they can and their by supplying to them.
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 be
like the yarn’s count so according to the change of the demand for the yarn’s count, the
market demanded yarn will be produced
Each customer will be looking for their own standards of cotton yarn so each of them
need 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.
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.
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. On the
other side a major part of the orders and all will be taken by TSTC and they will be allotting
to which 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.
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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:
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.
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Demand analysis
While the production is going on TSTC will be looking for the sales by giving add on
newspapers and all and likewise there will be some quotations and from all that they will be
looking for which product they gets more orders and by analyzing those things TSTC will be
saying that what type of yarn to be produced.
The best method of overcoming the competitors are 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
Domestic
State
National
International
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
have 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 promotion that the
company is getting. Apart from all these there have been quotations for sales and all which
will be published in websites.
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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.
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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.
There will be quotations and all which will be got from various companies and
thereby the company will be choosing the best quotation and there by the yarn will be
delivered to them. Apart from all these TSTC will be playing the major role as they will be
taking initiative for selling the yarns.
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III. PRODUCTION DEPARTMENT
35
PRODUCTION DEPARTMENT
-Department chart
GENERAL
MANAGER
JUNIOR JUNIOR
MANAGER MANAGER
Assistant Assistant
Manager Manager
Spinning Spinning
Assistant
Manager
Spinning
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Layout design
37
Production process
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
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 bag will having of 40 cones and the weight of one bag will be 50Kgs.
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 godowns and from their each bail will be taken for cotton mixing
and for the production of yarn.
Scheduling
7:30AM – 3:30PM
3:30PM – 11.30PM
11:30PM – 07:30AM
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.
As per their strategy they had a steady demand for materials so they stored the materials.
They have introduced new machines and all so the work goes more 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 month’s production.
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Research & development
R&D Department looks after a specific unit and develops new idea to attain
advantage in the area of that unit. R&D department is under the control of top management
itself. Technical development wing of R&D studies about the new technologies and update
the current technology with most sophisticated technology with take into consideration of the
requirements. At present new and most modern machines are replaced for the old ones.
Mainly the modern machines are from Germany and Lakshmi Mills Coimbatore. Product
development wing of R&D studies about the market and what are all the ways to improve the
products. The will be thoroughly looking for the demand of the yarn under what quality at
present they are producing 60count quality yarn so as per the customers requirement the
count of the yarn will be changed in order to meet the demand.
Supply in time
Cost effectiveness
Quality circles
For the quality circle there is a team where they will be monitoring the quality of the
yarn.
They will be constantly monitoring and if there is any sort of fault for the quality then
41
immediate action will be taken quickly.
42
Auditing & Inspection
There are mainly two types of auditing they are internal auditing and statutory
auditing. The internal auditor audits the accounts, resources and human resource etc. They
will be auditing everything on daily basis. Statutory auditing takes quarterly. There will be
through inspection of the machines and all if there is any problem then suddenly the adequate
measure will be taken and so by that the production continues without any halt. There are
inspections from head office also and it will be a sudden also it will be from K.S.T.C
Avoidance of accidents
Workers in the production department has prone to moving machines has a great risk
of accidents. The workers had given training to handle the machines with safety and to reduce
the accidents. The workers have to wear aprons and masks and shoes as well so by this they
avoid accidents. Accident is the son of carelessness, so care should be taken from the
workers level to avoid the accidents.
Safety measure
The administration very much takes care about the safety of the workers. Fire and safety
measures
Machinery safety
Machinery guards
The mill provides necessary numbers fire-buckets, fire-extinguishers are all placed in
each processing areas. There is an automatic switching system for machines to protect the
workers from the electronic shock hazard. This will automatically switched to off state when
will any short circuit occurs. As a safety for the employees aprons and masks are also given
to them. Apart from all these sufficient notices for safety are displayed in convenient places
in the factory.
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Machinery maintenance
Every half an hour interval the workers will be inspecting the machines and they will
be cleaning the waste material which are stuck on to the machines and all. As part of
preventive maintenance they will be putting oil and grease for the machines. There will be
also inspection of the wear and tear parts of the machines as well.
Quality policies
According to the market demand the yarns quality also will be changed at present the
yarn should have 60 count and C.S.P 2400 above. So according to the clients order the
quality of the yarn also will be changed The main quality policies are supply in time, cost
effectiveness, adapting changes as required to compete in the customer driven market,
mentoring employees at all levels in reviewing and productivity related objectives for
continual improvement and sustainable growth.
4. Trash Separator.
5. Moisture Meter.
6. Wrap Realer.
7. Wrap Block.
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Product standards
According to the customers requirement the standard of the yarn also will be
maintained. There will be inspection of every yarn that they produce for checking of the
required standard. If the yarn doesn’t have the specified minimum standard then, the machine
will be tuned to the specific standard and thus the yarn will be producing according to the
standards.
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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, process mapping, quality
control variance reports, or financial ratio analysis. 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 offs 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.
6. Implement new and improved business practices - Take the leading edge practices and
develop implementation plans which include identification of specific opportunities,
funding the project and selling the ideas to the organization for the purpose of gaining
demonstrated value from the process.
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Cost of benchmarking
Visit Costs - This includes hotel rooms, travel costs, meals, a token gift, and lost labor
time.
Time Costs - Members of the benchmarking team will be investing time in
researching problems, finding exceptional companies to study, visits, and
implementation. This will take them away from their regular tasks for part of each day
so additional staff might be required.
Benchmarking Database Costs - Organizations that institutionalize benchmarking into
their daily procedures find it is useful to create and maintain a database of best
practices and the companies associated with each best practice now.
The cost of benchmarking can substantially be reduced through utilizing the many internet
resources that have sprung up over the last few years. These aim to capture benchmarks and
best practices from organizations, business sectors and countries to make the benchmarking
process much quicker and cheaper.
-Japanese Technologies
5s, abbreviated from the Japanese are simple but effective methods to organize
the workplace.
The 5s are,
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POTENTIAL BENEFITS OF 5S
Implementing 5s methods in the plant would help the company to reduce waste
hidden in the plant, improve the levels of quality and safety, reduce the lead time and cost,
and thus, increase company’s profit.
PQCDS:
P – Increase productivity.
According to the change in the market for the yarns count and its properties, the mill
will produce the yarn. When the customer comes and asks for a particular count of yarn
according to the customers need the yarn will be produced.
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IV. FINANCE DEPARTMENT
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FINANCE DEPARTMENT
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.
First approach
In the words of F.W.Paish ―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
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 ie. 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.
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To check all the vouchers, bills, receipts.
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.
-Department Chart
GENERAL
MANAGER
JUNIOR
MANAGER
OFFICE OFFICE
STAFF STAFF
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GENERAL RECORDS OF THE COMPANY
Pass book
Stores record
Cash book
Daily Journals
Sales book
Purchases book
Ledger
Trading 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 coming
years.
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
textile efforts to modernize the machineries on a continuous basis should be undertaken
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without any hesitation.
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Types of asset & liability
ASSETS
Free hold
Lease hold
Building
Electrical
Furniture
Office equipments
Computers
Vehicles
Canteen
Library
LIABILILITIES
TSTC current account
Investment
Company car
Medical bills reimbursement or free medical care for employee (extending for the
family as well and/ or children)
Subsidized meals. Employees are given discounted meal coupons at the office
cafeteria or given a fixed allowance for meals of their choice
Gifts in cash or kind during festivals
The internal rate of return (IRR) is a rate of return used in capital budgeting to
measure and compare the profitability of investments. It is also called the discounted cash
flow rate of return (DCFROR) or simply the rate of return (ROR). In the context of savings
and loans the IRR is also called the effective interest rate. The term internal refers to the fact
that its calculation does not incorporate environmental factors (e.g., the interest rate or
inflation).The internal rate of return on an investment or project is the annualized effective
compounded return rate or discount rate that makes the net present value of all cash flows
(both positive and negative) from a particular investment equal to zero.
In more specific terms, the IRR of an investment is the interest rate at which the net
present value of costs (negative cash flows) of the investment equal the net present value of
the benefits (positive cash flows) of the investment. Internal rates of return are commonly
used to evaluate the desirability of investments or projects. The higher a project's internal rate
of return, the more desirable it is to undertake the project. Assuming all other factors are
equal among the various projects, the project with the highest IRR would probably be
considered the best and undertaken first.
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V. SYSTEMS DEPARTMENT
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SYSTEMS DEPRTMENT
-OBJECTIVES
1. Ensure the protection and security of data.
-Software configuration
Microsoft office
Tally-9
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ESSL is used to assist the attendance system. Personal Attendance Monitoring System
(PAMS) is the most modern technology to record the attendance of the employees within the
organizations. Biometric finger initialization technology is adopted by the cotton mills.
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Hardware Specification
eSSL-manufactured Hardware
Attendance Device
Connection Options
Serial
Ethernet
Wireless Ethernet
GPRS
Intranet
Internet
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Benefits
Identify and eliminate time abuses (break, meal, buddy punching, etc.)
Hardware
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System analysis & design
System analysis and designing was done by DGM of each units according to the
requirements of each user.
Each user was given a user name and password to protect the computer and all system
from usage of unauthorized persons.
System maintenance
Usually the contract was given to zenith, HCL, eSSL etc. Maintenance is of two
ways; without system replacement and with system replacement. Without system
replacement is done by internally and with system replacement is done by externally.
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Features of system
The systems is protected from the attack of viruses using advanced antivirus program.
All systems are interconnected with each other by a server. So it is very easy for the office
staffs and all for entering the data and all.
Systems has more advantages compared with the disadvantages, the system help to
complete the work in stipulated time with precision. Because of the server all the computers
are inter-connected and so by this the staffs don’t want to rush out from office to office or by
system to systems. The only disadvantages is that it is machine and there is a chance of
problems which result in the loss of data
ADVANTAGES
The staffs don’t want to rush out from office to office or by system to systems.
DISADVANTAGES
It is machine
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Identification of error
/Every week there will be the inspection team who will be there for finding out the
errors of the system. If there has been any error occurred then soon they will be taking the
necessary actions to overcome the error.
If there has been any virus threat or like that, then soon they will scan the system and
remove the virus from the system.
Database administration
Tally9, Microsoft Access are the two databases which is used in the company. The
administrator has the privilege to edit and handle the data in the database.
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V. FINDINGS AND SUGGESTIONS
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Findings:
Sengunthar Mills Private Limited is the largest and one of the biggest cotton yarn
producing mill in Tamil Nadu.
Unions are always there for fighting there for some reasons and this will create delay
in the production process.
There are power failures or power cuts, there is no other option for power generation
or there is no generator so because of this production process will be interrupted then
and there.
Most of the people working in the mill are too old.
The company mostly concerned about the people and it’s not concentrating upon the
production.
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SUGGESTIONS:
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VI. CONCLUTION
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CONCLUSION:-
From the Study of this company I understood the functions and features of the
company. This company is improving their quality, goodwill, market value and they
are giving job opportunity so many people. They are the strength of the company’s
growth. In fact we can see that the company has modernised its machineries and all
and it’s the biggest cotton mill industry in whole Kerala. With all most modern
facilities.
The training has helped to know the various delegation s that is found in the
organization and responds ability each delegates have the training has given a deep
sense of understanding how an organization takes efforts in bringing in product as an
effective one and how it can be good in competing with its competitors.
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