Professional Documents
Culture Documents
Entitled
A Study On Inventory Management at Shree Siddheshwar Sahakari Sakhar Karkhana
Ltd.Solapur.
Submitted To
Sangmeshwar Collage (Autonomous), Solapur.
Masters of Commerce
Submited By
Samarthsing Rajendrasing Pardeshi (M.Com.)
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
.”
Samarthsing R.
Pardeshi
(Student)
TABLE OF CONTENTS
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
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
Stock administration has turned out to be unavoidable in the guardians day fabricating
process.
• 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 use of inventory management to achieve better working capital result and
The study inventory management will be useful to know that technique of working capital.
organization
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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
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.
The secondary data however obtained from annual reports of the company statements of a
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
3) It is difficult to collect more information about finance due to the secrecy and
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CHAPTER-2
COMPANYPROFILE
5
..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
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