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CHAPTER - I
INTRODUCTION
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CHAPTER - I
INTRODUCTION
1.1 INTRODUCTION OF THECOMPANY
Sri Lakshmi Wood Works was established in the year 1989. The company is
manufactured and marketed in Seasoned wooden packing cases. (Local and
Export). The founder of the company was Mr.Rajan, Managing Director
Mr.R.Arumugam.
So, Now let us see about the raw material purchase, production etc,
involved in wooden boxes. And also therefore, we find now the personals are
manage and their part on growth of the firm, purchase, sales are very
important of thecompany.
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CHAPTER - II
ABOUT THECOPANY
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CHAPTER - II
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PRODUCT PROFILE
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PRODUCT PROFILE
The Sri Lakshmiwoodworks offers the widest range of iron bed styles available: Exceptional Antique Iron
Beds, Exquisite Reproductions, Cribs and Cradles, Kids Beds, Daybeds, Contemporary and Custom
Designs
:
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2.2 OBJECTIVES OF THECOMPANY
To produce export quality Woods.
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2.3 COMPANYPRODUCTS
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CHAPTER- III
ORGANIZATIONAL CHART
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CHAPTER- III
ORGANIZATIONAL CHART
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CHAPTER - IV
VARIOUS DEPARTMENTS IN
THE COMPANY
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CHAPTER - IV
VARIOUS DEPARTMENTS IN THE COMPANY
4.1 PRODUCTIONDEPARTMENT
RAWMATERIALS:-
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PRODUCTIONCONTROL:-
CUTTINGMACHINE
PLAINNINGMACHINE
HEATER
DRILLINGMACHINE
CUTTINGMACHINE:-
PLAINNING MACHINE:-
The cutted woods are send to plainning machine, atlast it comes to the
same level and it send to the Heatersection.
HEATERSECTION:-
In heater section the plywood beeding joint are heated and get joined
together and it send to Drillingsection.
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DRILLINGMACHINE:-
The joined plywood are made as a box by using drilling machines and
tools. Atlast the boxes are indicated by an ordernumber, number of pieces
and lot number. The boxes are verified at last and delivered to the sales
section.
USES OFBOXES:-
Finally the plywoods are made as boxes and the boxes are used for
packing machinery and Heavy materials. It helps to avoid damages of
machines andmaterials.
RECOMMENDED PRODUCTS
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4.2 PURCHASEDEPARTMENT
SCOPE:-
RESPONSIBILITY:-
PROCEDURE:-
The planning of raw material is carried out as per the production. The
section in charge sends the raw material requisition to the chief executive
and he arrives at the materials for the “Approved suppliers”. The purchase
order is raised on the supplier giving all the details including the technical
specifications and the date before which the material is to besend.
RAW MATERIALS:-
The main raw material is rubber wood. The company follows the
centralized purchase method for printing and stationary requisition slips are
received from the department and the purchase is made by the purchase
department.
QUOTATION:-
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and places order with the broker who oblige the condition of Sri Lakshmi
WoodWorks.
Sri Lakshmi Wood Works purchase its raw materials (i.e.) Rubber wood
in Kerala State, Trissur, Ernakulam, Kannur, Alappey andKottayam.
MODE OF PURCHASE:-
CASH PURCHASE:-
It means purchasing Raw Materials for ready cash. The payments made by
Cash & Chouse. Cash purchase is suitable for Every Business. While purchasing
Raw Materials for ready cash there is high chance for cash discount and
tradediscount.
CREDIT PURCHASE:-
Comparing the above two purchases cash purchase is better and highly
profitable than the credit purchase.
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4.3 SALES DEPARTMENT
Sales is the term applied to the process of distributing goods from the
Producer to the Ultimate user. The objective of the sales is to maintain good
relationship with the dealers, distributor and service persons. The more the
relationship is warned the volume of the sales will increase. The sales
comprises taking orders executing the orders and collections of payments.
Apart from that high satisfaction between the dealer and the end user, is most
essential to promote the value of the sales of the department has to the
conduct regular meeting, annual meeting and change the designs according to
latesttrend.
Obtaining salesvolume.
Providing profitcontributions.
Continuing businessgrowth.
DIRECT SALES
Intheadministrativeofficethefinalinvoiceispreparedfortheexactvalueasper
salesinconfirmationswithgatepass.Withthisgatepassgoodscanbetakendelivery at the
checkpost.
DEPOTSALES
Here the goods are dispatched from the factory are followed by and Performa
invoice are delivered to the depot. At the end of the statement regarding the total
sales and other expenses is prepared.
SALES PROCEDURE
The company follows cash and carry procedure for sales. However it allows a
creditperiodof14daysforitsesteemedcustomers.Afterwhichaninterestof14%is
collectedannually.
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Sales department deals with various forms such as
Cashbill
Invoice
Delivery Challen andReceipt
In this sales department all credit and cash sales will be recorded. They are adopting
two types of sales such as
Cash sales
Creditsales
CASH SALES
Cashsalesmeanssellingthegoodsforreadycash.Whilemakingcashsalesthey
offercertainpercentageofdiscountaccordingtothesalesamount.Whilemakingcash
salestheorganozatinofferagiftcoupontothecustomerinordertoincreasethesales and to
attract thecustomers.
CREDIT SALES
Credit sales means selling the goods for credit. They offers credit sales only to
theregularcustomerwhopurchasesbulkorder.Theyarecharging6.99% of interests
forcreditperiodofa1yearandcreditperiodwilldifferaccordingtothesaleamount.
Ifthecreditperiodismorethan1yeartheinterestis7.99%.Forcashandcreditsales 1 year
free service and 2 years warrant isprovided.
SALES RETURN
Ifthereisanydamagesatthetimeoftransitcompanyisnotresponsible,buyers are
only responsible. If there is any repair or fault in the running of pump, at that
TimeCompanywilltakecareandtheywillservicethepanelboardsforfreeofcost
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4.4 MARKETINGDEPARTMENT
Difference between sales and marketing is the very thin line where
marketing is to improve sales. By means of motivations, Advertising and using
media. And attractive schemes, marketing departments has to ensure that
competitors data volume analysis turn over analysis and also see that the
company is making profit and marketing team has to due so effective
competitive economical latest, technologies product tothe user.
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OBJECTIVES OF MARKETING
Intelligent and capable of Modern marketingpolicies.
To develop the marketingfield
To develop
guidingpoliciesTosuggestsolutionsbystudyingproblemsrelatingtomarketing
Toreceiveexistingmarketingfunction,ifshorecomingarefound
To take appropriate auctioning the course ofaction
IMPORTANCE OF MARKETING
Marketing is the connecting link between thecustomer
Marketing helps in increasing the livingstandards of people
Marketing helps to increase the nation’sincome
Marketing process increase the employmentopportunities
Marketing creates moderncostiveness.
Marketing removes the imbalance of the supply bytransfer
For continuous Marketing isneeded
To surplus to deficit areas through bettertransfer
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4.5 ACCOUNTSDEPARTMENT
The department keeps the regular track of purchases. Sales bank position
and cash in order to run the organization in a smooth manner and safe
guarding the company from financial crisis. More over it prepares the annual
accounts of a company which of profit and loss account and balancesheet.
Balance sheet gives the true and faire view of the affairs of the
company as at the end of the financial year the balance sheet prepared is
nearer to the form prescribed in part land schedule VI. More over the
department also prepared the profit and loss account which discloses every
material feature, including credits or receipts and debits or expenses in
respected of non recurringtransactions.
The profit and loss account also covers the following information.
Thus the accounts department prepares a profit and loss account which
clearly give operational profit income and expenditure on non operational
items; the amount set aside for know liabilities amount provide for income tax
and other taxesetc.
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GENERAL JOURNAL
All transaction which occurs in the business will be first entered into
thejournal.Thejournalgivesallthedetailsaboutthepurchase,debtor,
creditorsetc.
GENERAL LEDGER
The journal entries are posted to the ledge. The expenses are debited
andthepartyiscredited.Likewiseallthetransactionareposted.
EXPORT SALES
The sales amount are received and entered in the export sales register.
It contains all the expenses regarding export and sales and cash
received on sales isentered.
TRAIL BALANCE
The trail balance is prepared with the total debit andcredit.
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4.6 FINANCEDEPARTMENT
In Sri Lakshmi Wood Works the main sources of finance sales. They
get financial sources from their sales only. Apart from that, they getting financial
assistance from their bank by the way of over drafting and by the way of
getting loans from the government banks and other both private and
government financial institutions. Finance department is not functioning alone,
this working with in join hands of marketing and accounts department. It
means, account department providing necessary information related to
department creditors, details, required by the finance departments. And also,
marketing department is very much helpful to finance department by the way
of collecting the funds from their customers at the right time or at that time
ofdue.
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4.7 PERSONNALDEPARTMENT
Encouragingovertimeworkbyissuingmorewagesforovertime.
Bonus for everyyear.
All other statutory benefits underlaw.
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MAN POWER DETAIL:-
Employees : 72
Male : 42
Female : 30
WORKING HOURS :-
8 hours (shift wise) (Additional Salary for over time is doubled than
ordinaryshift).
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CHAPTER - V
5.1 STRENGTH
To take full advantage of a wood’s strength, pay attention to the grain direction.
Wood is a natural polymer — parallel strands ofcellulose fibersheld together by
aligninbinder. These long chains of fibers make the wood exceptionally strong —
they resist stress and spread the load over the length of the board. Furthermore,
cellulose is tougher than lignin. It’s easier to split a board with the grain (separating
thelignin)thanitistobreakitacrossthegrain(separatingthecellulosefibers).
Rememberthiswhenyoulayoutthepartsofaproject.Alwaysorientthegrainsothe fibers
support the load. Whenever possible, cut the parts so the grain is continuous,
running the length of the board. This also applies to wood joinery! When cutting
a tenon, for example, the wood grain must run the length of the tenon and the board
so the grain iscontinuous.
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5.2 WEAKNESS
With its significant strength and low weight, wood has been a versatile
buildingmaterialforcenturies;however,wood-framing—likemanyotherstructural
materials—isnegativelyinfluencedbyamultitudeoffactors,andasaresult,wood-
framing in older structures often exhibits distress. Distress in wood structures can
oftenbetracedtounderestimationofenvironmentalloadssuchassnow,wind,orrain;
decayduetoexposuretomoisture,fungalattack,orinsectinfestation;thepresenceof
eccentric loads on connections that were not designed for eccentricity; structural
overload caused by inappropriate addition of dead loads; and overestimation of
allowablestresses.Alsoduetothewidevariabilityinthephysicalpropertiesofwood
andduetothelargenumberofrepetitivemembersinatypicalwood-framedstructure, the
laws of probability dictate that a few members may well experience distress over
thelifeofagivenstructure.Generally,however,althoughoneorseveralmembersin many
types of wood-framed structures may become damaged, collapse of part or all of the
structure remains unlikely due to the repetitive nature of the framing, its relatively
light weight, and/or the inherent redundancy of these structures. Consequently, these
structures often do not pose a significant life safety hazard even if they do not meet
current code requirements; however, a lack of understanding on the part of building
owners, building officials, or even engineers can result in overreaction regarding the
significance of distress that may occur. This paper sets forth a much needed
philosophy for evaluating older wood-framed structures inlight
ofthefactsthatoutrightcollapsesarerareandthatthesignificantredundancyinmost of
these structures generally provides considerable warning before structuraldamage
becomeslife-threatening.
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5.3 OPPORTUNITIES
highlights the importance of achieving sustainable agriculture and food security, and
of halting deforestation. These ambitions are integral to 2 of the 17 Sustainable
Development Goals (SDGs) set out in Transforming our world: the 2030 Agendafor
Sustainable Development, namely SDG 2 and SDG 15. In addition, forests have key
roles to play in achieving other SDGs, such as those addressing poverty eradication,
protecting and restoring water-related ecosystems, access to sustainable energy, and
combatingclimatechange.Actiononagriculture,forestsandotherlanduseswillalso
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beimportantformeetingthecommitmentsmadebycountriesintheParisAgreement on
climatechange.
Transformingourworld:the2030AgendaforSustainableDevelopment(UN,2015a),
which was agreed by world leaders at the United Nations (UN) Summit on
SustainableDevelopmentinSeptember2015,isaplanofactionforpeople,theplanet and
prosperity. It stresses the need for bold and transformative steps to move the world
onto a sustainable and resilient path, and it features 17 Sustainable Development
Goals (SDGs) that demonstrate the scale and ambition of the plan.The 2030 Agenda
for Sustainable Development emphasizes the integrated nature of the
SDGsandthecrucialimportanceoftheirinterlinkages.Thesignificantroleofforests in
achieving the SDGs was highlighted at the XIV World Forestry Congress, held in
DurbaninSeptember2015,whichwasattendedbynearly4000participantsfrom138
countries. In its Durban Declaration (World Forestry Congress, 2015), the Congress
set out a vision for the contribution of forests to achieving the 2030 Agenda for
Sustainable Development, emphasizingthat:
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CHAPTER - VI
CONCLUSION
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CHAPTER - VI
CONCLUSION
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BIBLIOGRAPHY
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BIBLIOGRAPHY
WEBSITES:
www.google.com
www. Sri Lakshmi Wood Works.com
www.wikipedia.com
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