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Project Report

Entitled
A Study On Inventory Management at Shree Siddheshwar Sahakari Sakhar Karkhana
Ltd.Solapur.

Submitted To
Sangmeshwar Collage (Autonomous), Solapur.

In Partial Fulfillment Of the Award of the Degree of

Masters of Commerce

Submited By
Samarthsing Rajendrasing Pardeshi (M.Com.)

Under The Guidance of


Dr. A.V. Sakhre Sir
(M.Com NET SET B.Ed
M.B.A M.A(Eco) G.D.C&A Phd.)

Through
Department Of Commerce
Sangmeshwar College (Autonomous), Solapur.
( 2022 – 2023 )
DECLARATION

To,
The Registrar,
Solapur University,
Solpaur.

Sir,
I do hereby state and declare that the project report - “A Study On Inventory Management
at Shree Siddheshwar Sahakari Sakhar Karkhana Ltd.Solapur ”. Submitted by me to Solapur
University as partial fulfillment of course of M.Com ( Masters in Commerce ) is my original
work.
I also hereby declare that this project report has no been submitted as any other
university of institution for the award of any degree or Diploma.

Place : Solapur
Date : Samarthsing R. Pardeshi
.( M.Com Student )
ACKNOWLEDGEMENT

I am extremely grateful to Consumers for the encouragement in completing my project


report entitled, “A Study On Inventory Management at Shree Siddheshwar Sahakari Sakhar
Karkhana Ltd.Solapur”
I express sincere gratitude to Dr. A.V. Sakhre Sir for invaluable guidance of every state of my
work. I deem it as privilege to have worked under him.
His valuable suggesting served as a source material during the course of completing
this project.
The main objective of the study was to know the aspect. “To examine Inventory
Management at Shree Siddheshwar Sahakari Sakhar Karkhana .

.”

Samarthsing R.
Pardeshi
(Student)
TABLE OF CONTENTS

Chapter No Titles Page No


EXECUTIVE SUMMERY
INTRODUCTION
1.1 Introduction 2
1.2 Industry profile 3
1.3 Company profile
1.3.1 Promoters
1.3.2 Vision, Mission and Quality policy
1.3.3 Products or Service profile
1.3.4 Area of Operation
Chapter 1 1.3.5 Infrastructure facility
1.3.6 Competitors information
1.3.7 SWOT analysis
1.3.6 Future and growth and prospectus
1.3.8 Financial Statement
CONCEPTUAL BACKGROUND AND LITERATURE REVIEW
Chapter 2 2.1 Theoretical background of the study
2.2 Literature review
RESEARCH DESIGN
3.1 Statement of the problem
3.2 Need for the study
Chapter 3 3.3 Objectives
3.4 Scope of the study
3.5 Research methodology
3.6 Limitations
3.7 Chapter scheme
Chapter 4 ANALYSIS AND INTERPRETATION
4.1 Data analysis
FINDINGS CONCLUSION AND SUGGESTION
5.1 Findings
Chapter 5 5.2 Conclusion
5.3 Suggestion
Annexure
Bibliography
LIST OF TABLES

Table no Title of the Table


4.1 TABLE SHOWING CURRENT RATIO
4.2 TABLE SHOWING QUICK RATIO
4.3 TABLE SHOWING INVENTORY TURNOVER RATIO
4.4 TABLE SHOWING INVENTORY CONVERTION PERIOD
4.5 TABLE SHOWING DEBTORS TURNOVER RATIO
4.6 TABLE SHOWING INVENTORY TO CURRENT ASSET
4.7 TABLE SHOWING INVENTORY TO SALES
4.8 TABLE SHOWING INVENTORY TO TOTAL ASSET
Executive summary

The project report was carried on at SPSCL, on the topic “the study of inventory management
with reference to SPSCL“.

The research mainly focused on the inventory involved that the firm need to be faced while
maintain stock and have to frame the strategies and methods to reduce the inventory

The information regarding the finance is been derived from financial statement such as
balance sheet and profit and loss account of SPSCL. Analysis of data is made for four years
that is from 2014 to 2017 is been collected from the annual report of the firm.

The managers its inventory in appropriate manner can be found as there is no much loss to
the firm because of stock. Firm has a well planned mechanism and strategies for managing
the inventory.
Chapter – 1

INTRODUCTION

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CHAPTER 1
INTRODUCTION
The parents study is based on the : “ Inventory Management” with reference to the SHREE
SIDDHESHWAR SAHAKARI SAKHAR KARKHANA LIMITED.

Material is very important factor of production in a manufacturing company. It is first and the
most important element of cost. Direct and indirect materials purchased for stock purpose to be
issued to different jobs, work orders or departments are required are treated as stock.

We may also refer to the commodity used term “Inventory” which includes the stock not only
of raw materials but also stores & spares, work in process, and finished goods.

Legitimate control of materials is vital from the time orders for buys of materials are put with
provisions until the point when they have been devoured. The question of material control is to
assault material cost exertion with the goal that cost of material when it is bought, put away and
utilized.

Inventory is the physical stock of item that a business or production oranization keeps in hand
in hand for effacing of affairs of its production inventories consist of raw materials, component
parts supplies and finished assemblies which an organization purchase from an outside source and
parts assemblies and finished products which the company manufacturing itself.

Stock control is the task of consistently organizing receipts and issued in such route in order to
protect that stock in amount or esteem are sufficient to help the present rate of utilization ever due
respect to economy.

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1.1 WHY THIS STUDY IS NEEDED:

The aim of this is to know different department of inventory management. study on inventory

as a name ‘’Siddheshwar sahakari sugar factory , Solapur.

Here the problem is to analyses the inventory controlling technique used Siddheshwar sahakari sugar
factory , Solapur. . the study is undertaken to have glance

over the meaning, definition, importance, objectives, components and techniques inventory

management are applied Siddheshwar sahakari sugar factory , Solapur.

*Objective of the study

Stock administration has turned out to be unavoidable in the guardians day fabricating

process.

The essential administrative goals of stock control are as following.

• To avoid the wastage of raw materials in Siddheshwar sahakari sugar factory , Solapur.

• To know the inventory management methods of Siddheshwar sahakari sugar factory , Solapur.

• To study the inventory management techniques of the Siddheshwar sahakari sugar factory , Solapur.

• To know whether continues supply of raw materials to carry out uninterrupted

production in Siddheshwar sahakari sugar factory , Solapur.

1.2 SCOP OF THE STUDY:-

the scope of the study can be analyses as follows:

• To know use of inventory management to achieve better working capital result and

reduction in working capital.

The study inventory management will be useful to know that technique of working capital.

• Used by financial managers in determining the optimum level of capital in the

organization

• The study covers 5years of information

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• The study also covers the findings and the suggestions given based on the study

METHODOLOGY

Is the way in which the data is collected, analysed, and interpreted The tools for collection of data

for present project are the primary data and secondary data the information furnished in this report

has been collected from primary data as well as secondary data.

*a) Primary data

The primary data is a data collected directly by the researcher for first time is collected by

interview and observation al department members and other officials of the company.

*B) secondary data

The secondary data however obtained from annual reports of the company statements of a

company And web ,text books.

LIMITATIONS :-

1) The collection of data for analysis restricted to Shri Siddheshwar sahakari sugar factory.

2) The accuracy of result depends upon the information provided by the company. some

information was taken on for during the discussions with the key personnel; therefore, it

cannot be taken to bi true in entirety.

3) It is difficult to collect more information about finance due to the secrecy and

confidentiality maintained by the employ

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CHAPTER-2

COMPANYPROFILE

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..CHAPTER-2

Siddheshwar Sugar Factory is a sugar manufacturing company located in Solapur, Maharashtra, India.
The company was established in the year 1955 and has since then been engaged in the production of
sugar, molasses, and other related products.

The factory is equipped with modern technology and infrastructure to produce high-quality sugar and its
by-products. The company has a crushing capacity of 7,500 tonnes of sugarcane per day and produces
over 1,00,000 metric tonnes of sugar annually.

In addition to sugar, Siddheshwar Sugar Factory also produces molasses, which is used in the production
of alcohol and various other industries. The company has a distillery with a production capacity of
45,000 litres of alcohol per day.

Siddheshwar Sugar Factory is committed to sustainable and ethical practices in its operations. The
company has implemented measures to minimize its environmental impact and promote social
responsibility. It also provides employment opportunities to the local community and supports various
social and charitable initiatives.

Overall, Siddheshwar Sugar Factory is a reputable and established player in the Indian sugar industry,
known for its high-quality products and ethical practices.

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COMPANY PROFILE

Name of Company SHREE SIDDHESHWAR SAHAKARI SAKHAR


KARKHANA LIMITED
Business Type Manufacturing
Initial Investment 175 Crore
Land 278 Acres
Chairman and MD Shri Dharmraj Kadadi
Main Product Sugar
Location At Post shree siddheshwar sahakari sakhar karkhana limited
kumthe
Solapur -413224

Registered office Dist Solapur Maharashtra state, India


Tel.No: 0127 2601541 2601542(Factory Site).
First Crushing On 15 Apr 1983
Phone 0127 2601541
Fax 08353-238164, 238166
E-mail siddheshwarkarkhana@gmail.com

Map Shri Siddheshwar Sugar Factory


https://maps.app.goo.gl/ZPJKrnQVjFruUSEm7

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