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The demand for cotton industry in today’s world has widely been
increased due to its inheritable advantages like reduce installation cost,
minimum space consumption, easy extension, aesthetic benefits, and its
increased productivity options. So, cotton industry plays vital role in
textile hub. People differ in their abilities and attitudes. There is always
some difference between quality and quantity of the same work on the
same job being done by different people. Performance appraisal of
employees is necessary to understand each employee’s abilities,
competencies and relative merit and worth for the organization.
Performance appraisal of employees rates the employees in terms of their
performance. Performance appraisals are widely used in the society. The
history off performance appraisal can be dated back to the 20 th century
and then to the second world war when the merit rating was used for the
first time. An employer evaluating their employees is very old concept.
Performance appraisals are an indispensable part of performance
measurement. This paper explores an overview of study of performance
appraisal practiced carried out at textile industry.
The Indian textile is extremely varied, with the hand woven and spin
textile industry at one end of the spectrum, hold the capital-intensive
sophisticated mills sectors at the other end of the spectrum. The
decentralized power looms and kitting sectors from the largest
components of the textile sectors. The close linkage of textiles into
agriculture (for raw materials such as cotton, etc.) and the ancient culture
and tradition of the country in terms of textile make the Indian textile
sectors unique in comparison to the industry has the capacity to produce
the variety of products suitable to different market segment, both within
India across the world. The textile industry employees about 105million
people directly and indirectly. Present data also refers that textile sectors
is one of the largest accounting for 60% of the market and apparel in
tamilandu. India’s textile and clothing industry is one of the largest
contributing sectors in India’s yarn exports worldwide. The textile
industry accounts for nearly 11% share of the country’s total yarn exports
basket.
They cater to more than 2000 clients worldwide with output-ready digital
files for all types of printing, computer-generated communications,
stitched apparel and product imprinting and work 24 hours / 7 days a
week / 365 days in a year, rotated by shift time.
Production facility
Headquartered area maintains a large production center in karur,
tamilnadu staffed by 350 highly skilled employees and operating ongoing
24/7/365 in sift basis.
Quality
Quality is the top priority at this facility. That’s why they apply six sigma
processes and detailed quality control procedures for every client and
every project.
Training
Because they understand how important the quality and accuracy are to
the customer’s business, THE DOLPHIN EXPORTS PVT LTD has
created a detailed training to their training their designing and in printing.
Embroidery designing
Translating artwork into series of command to be read by an embroidery
machine for output on various items of apparel, bags, caps, etc.
In just 1 month
Over 30 design and digitizing professionals at THE DOLPHIN
EXPORTS PVT LTD create more than 200 output ready digital files
using private artists on a network with a 99% uptime guarantee and
backed by 24/7/365 support. They deliver in clean way to improve the
satisfaction of clients.
Industry structure:
The textile industry is vertically-integrated across the value chain and
extends from fiber to fabric to garments. At the same time, it is a highly-
fragmented sector, and comprises small-scale, non-integrated spinning,
weaving, processing and cloth manufacturing enterprises.
The DOLPHIN exports are doing all types of cotton bags products in the
basis order from INDIA and outside. They educate strong customer
regarding the INTERNATIONAL orders.
What make DOLPHIN export’s strong:
Worker’s welfare:
Besides paying a “living wage” which is substantially higher than the
legal minimum, DOLPHIN exports pvt ltd supports its employees by
setting up welfare facilities like medical center, day-care center, and
canteen. The result in industry-low turnover rate in its workforce.
Speed:
We produce our own fabric research and our own fabrics, our stock with
approximately 350 tons of yarn and our cutting and production lines are
supported with the latest technology are always ready for production.
Which gives a smooth line for garment manufacturing.
Design:
Producing continuous both fabric designs and garments designs
collection with its vision, exempt and creative design team supported by
the latest technology closely following the trend.
Quality:
Firstly, all processes from yarn entry to final product referral are
examined, inspected and developed within the framework of ISO quality
management system. We utilize our extensive sourcing and
manufacturing knowledge to develop garments, fabric and trims with the
capability of manufacturing woven clothes.
Solution:
Because we have experienced and skilled workforce, we have customer
demand, expectation and satisfaction in our focus.
Mission:
The DOLPHIN exports had laid down certain aims and objectives to
be achieved while pursuing its corporate activities. They are;
To create a vibrant institution for the future of this nation and the
world at large.
“To achieve global dominance over various business built around our
core competencies, through continuous product and technical innovation,
customer orientation and a focus on cost effectiveness”
Towards stakeholders:
Towards products:
Risk failure
Work hard
Expand
Be consistent
Be passionate
Maintain self-respect
Towards competitor’s:
Organization structure:
Level 1:
Textiles and finding manufacturers (mill level)
Level 2:
Garment manufacturers, contractors, retail product development
(garment’s manufacturing level)
Level 3:
Manufacturer- owned retailers, outlets, catalog retailers, warehouse
Level 4:
Consumers
CHAPTER 2
INTRODUCTION
TO
PERFORMANCE APPRAISAL
Introduction for performance appraisal
A system for determining how well employees are performing their jobs,
communicating that information to them and making plans to improve
their performance. Process of evaluating the extent to which people are
doing their assigned work satisfactorily. Performance management is the
process of creating work environment or setting in which people are
enabled to perform to the best of their abilities.
1. Set objectives – decide what the team leader wants from the
employees and agree these objectives with them.
2. Manage performance – give employees the tools, resources
and training they need to perform well.
3. Carry out the appraisal – monitor and assess the employee’s
performance, discuss those assessments with them and agree on
future objectives.
4. Provide rewards/remedies – consider pay awards and/ or
promotion based on the appraisal and decide how to tackle poor
performance.
Scope and objectives of performance appraisal
Performance appraisal
Standards describe the condition that must exist before the performance
can be rated satisfactory. A performance standard should;
Expressing standards:
ROLES OF HR MANAGER:
TALENT MANAGEMENT:
Every company wants to see its employees thrive, which means providing
them with all the tools they need to succeed. These tools aren’t
necessarily physical such as laptops, job-related software, or tools for a
particular trade; they can include new employee orientation, leadership
training programs, personal and professional development, and
managerial training. Training and development (sometimes called
learning and development) is an integral part of the HR team.
Today, many colleges and universities offer degrees in training and
development; an instructional design degree would also be helpful in this
role.
HR COMPLAINCE:
WORKPLACE SAFETY:
Every company wants to provide a safe place to work for its employees,
and the Occupational Safety and Health Act of 1970 (OSHA) actually
mandates that employers provide a safe working environment for their
workers. A large focus area for HR is developing and supporting safety
training and maintaining federally mandated logs in the event injuries or
fatalities happen at work. In addition, this department often works hand-
in-hand with benefits specialists to manage the company’s Workers’
Compensation filings.
CHAPTER 3
RESEARCH METHODOLOGY
Research methodology
Research:
Population:
Sample size:
Sampling technique:
The method for data collection is used in the study is personal interview
with help of a structured questionnaire.
Research objective
The main research objective is “a comprehensive
study on working capital management of THE DOLPHIN EXPORTS
PRIVATE LIMITED.” The aim of this study is to identify the working
capital Gap and allocation of capital in the business to increase in
efficiency in operation. Various tools and techniques are used to identify
the appropriate requirement and gap of working capital.
Primary objective:
Secondary objective:
Data source
Collection of data is the first step in statistics. The data collection process
follows the formulation for research design including the sample plan.
The data can be primary or secondary.
Percent Percent
CHART:
GENDER
100
90
80
70
60
50
40
30
20
10
0
MALE
FEMALE
TOATAL
INFERENCE
Table 4.1 reveals that 55% of respondent are male and only 45 % are
female. Since it is a textile mill most of the employees will be male since
they have to work with heavy and hazardous machineries
Percent Percent
CHART:
AGE WISE
100
100
90
80
70
60
50 48
40
30
28
20 19
5
10
0
<20 YRS
20-29 YRS
30-39 YRS
40-49 YRS
TOTAL
INFERENCE:
From Table 4.2 it is inferred that 48% of employees are age between 20-
29 years, 28% are aged between 40-49 years and 19 % are between 30-39
years. Only 5 % are less than 20 years and that 5 % are aged between 18-
20 years. The organization has a good combination of different age
categories of employees
TABLE 4.3 EDUCATIONAL QUALIFICATION WISE
CLASSIFICATIONS OF RESPONDENTS
EDUCATIONAL LEVEL
GRADUATION 21
INTERMEDIATE 37
PRIMARY 36
0 20 40 60 80 100 120
INFERENCE
From Table 4.3 it is inferred that 36% of employees are in primary level,
37% of employees have completed Intermediate level, 21% of employees
are graduated, and 6% of employees are completed masters and higher
than. The organization has a good combination of different age categories
of employee
DESIGNATION
Frequency Percent Valid Cumulative
Percent Percent
DESIGNATION
TOTAL EMPLOYEES
100
DESIGNER 12
SUPERVISOR 12
CUTTING MASTER 35
STITCHER 41
0 10 20 30 40 50 60 70 80 90 100
INFERENCE:
From the table 4.4 it is inferred that 41% of surveys get from stitchers,
35% of surveys get from cutting masters, 12% of surveys get from
designers and supervisors.
Independent Samples Test
Levene's Test t-test for Equality of Means
for Equality of
Variances
F Sig. t df Sig. Mean Std. 95%
(deta Differen Error Confidence
iled) ce Differen Interval of the
ce Difference
Lower Upper
Equal .288 .593 .37 98 .711 .043 .117 -.189 .276
variances 1
F assumed
A
Equal .37 96.44 .709 .043 .116 -.187 .274
A
variances 4 1
not assumed
4.5 DIFFERENCE ON PERCEPTION TOWARDS FAA BASED
ON GENDER.
INFERENCE
From Table inferred that the significance value is .711 and hence the
null hypothesis is accepted. There is no significant difference on
perception towards FAA based on Gender
4.6 DIFFERENCE ON PERCEPTION TOWARDS AA BASED ON
GENDER.
Independent Samples Test
Levene's Test t-test for Equality of Means
for Equality of
Variances
F Sig. t df Sig. Mean Std. 95%
(deta Differen Error Confidence
iled) ce Differen Interval of the
ce Difference
Lower Upper
Equal .366 .546 -.53 98 .596 -.053 .100 -.252 .145
variances 2
F assumed
A
Equal -.53 956.6 .594 .053 .100 -.251 .144
A
variances 4 71
not assumed
INFERENCE
From Table inferred that the Null significance value is .596 and hence
the null hypothesis is accepted. There is no significant difference on
perception towards FAA based on Gender.
INFERENCE
From Table inferred that the Null significance value is .399 and hence
the null hypothesis is accepted. There is no significant difference on
perception towards FAA based on Gender.
4.8 DIFFERENCE ON PERCEPTION TOWARDS RWPS BASED
ON DESIGNATION
ANOVA
RWPS
Sum of df Mean F Sig.
Squares Square
Between 9.884 3 3.295 2.817 .043
Groups
Within 112.287 96 1.170
Groups
Total 122.172 99
INFERENCE
From Table inferred that the significance value is .043 which is less
than the standard value and hence the alternative hypothesis is accepted.
There is significant difference on perception towards RWPS based on
Designation
4.9 DIFFERENCE ON PERCEPTION TOWARDS PAS BASED ON
DESIGNATION
ANOVA
PAS
Sum of df Mean F Sig.
Squares Square
Between 4.087 3 1.362 4.442 .006
Groups
Within 29.445 96 .307
Groups
Total 33.532 99
INFERENCE
From Table inferred that the significance value is .006 which is less
than the standard value and hence the alternative hypothesis is accepted.
There is significant difference on perception towards PAS based on
Designation
4.10 DIFFERENCE ON PERCEPTION TOWARDS EP BASED ON
DESIGNATION
ANOVA
EP
Sum of df Mean F Sig.
Squares Square
Between .636 3 .212 .877 .456
Groups
Within 23.234 96 .242
Groups
Total 23.870 99
INFERENCE
From Table inferred that the significance value is .456 which is less
than the standard value and hence the alternative hypothesis is accepted.
There is significant difference on perception towards EP based on
Designation
4.11 RELATIONSHIP BETWEEN DIFFERENT DIMENSIONS OF
PERFORMANCE APPRAISAL SYSTEM AND OVER ALL
SATISFACTION
Correlations
overall FAA AA RWPS PAS EP
Pearson 1 .420** .377** .204* .278** .384**
overa
Correlation
ll
Sig. (2-tailed) .000 .000 .042 .005 .000
**. Correlation is significant at the 0.01 level (2-tailed).
*. Correlation is significant at the 0.05 level (2-tailed).
Null Hypothesis:
There is no significant positive relationship between Over al Satisfaction
of performance appraisal system and its dimensions.
Alternate Hypothesis:
There is significant positive relationship between Over al Satisfaction of
performance appraisal system and its dimensions.
INFERENCE
There is positive relationship between overall satisfaction on performance
appraisal system and its different dimensions.
Swot analysis
Strengths:
Below are the Strengths in the SWOT Analysis of THE DOLPHIN
EXPORTS:
Weakness:
Opportunities:
Threats:
The threats in the SWOT Analysis of THE DOLPHIN EXPORTS are as
mentioned:
1. Global expansion and reach of brands to increase sales.
CHAPTER 5
REVIEW OF LITERATURE
Review of literature
Verma (2001) in his article emphasized on the impact on the Indian textile
and clothing industry after quota elimination. It says that Indian textile
and clothing exporters have to bring in necessary changes in their
methods of production, management style, capacities, marketing skills
and productivity level in order to remain competitive in international
market. Also it put special emphasis on the size of Indian textile units
when compared to its counterpart in China.
Rashmi ,(2013) readymade products are fast moving consumer goods that
have seen a surge in their sales in the past few decades. In India also,
more and more people are opening up to the idea of experimenting and
trying out newer readymade products. In this growing market, Hindustan
Unilever Limited and P&G are two major marketers. , parameters such as
quality can be stressed upon in marketing communications and
testimonials on social platforms to positively influence the consumers
buying behavior. Since the readymade product market is set to expand
further in the coming decades, the knowledge of these influential aspects
will help manufacturers of hair care products to cut across the clutter of
competitive brands and capture potential customers.
Sunder (2014) States that the study reveals consumer perceive products
or services endorsed by celebrity more attractive and influential. As
compared to non-endorsed products and services.it suggest that celebrity
should be prediabetes profession of the celebrity should be seen that he is
fit for the advertisement or not, brand user with physical attractiveness,
availability, risk, popularity of the celebrity with appealing attitude and
should hit the target audience.
Das et al. (2017) used the Augmented Dickey Fuller unit root test and the
Granger causality test to estimate the causal relationship between time
series of employment, productivity, and wages for manufacturing
industries in India over a 16-year period, from 1998 to 2014.
CHAPTER 6
FINDINGS
AND
SUGGESTION
Findings:
9. From the analysis of wages, it was found that the cost of wages is
increasing due to more employees hired which clearly intense that
company is growing. Company is paying attention to increment in
wages which will also cause increase in wages
Suggestions:
From the analysis and finding following are the suggestion for the
“THE DOLPHIN EXPORTS”:
CHAPTER 7
CONCLUSION
CONCLUSION:
The study reveals that all the employees are aware of the performance
appraisal system. As the performance appraisal system motivates the
employees to achieve the goals, the management should make the system
of performance appraisal more clearly to the employees.
THE DOLPHIN EXPORTS are well analysed goals are set and effective
performance appraisal strategies applied. All the strategies are fair and
objective. Almost all the employees are well aware of what is expected of
them, except the lower rank employees. There is need to reward the
innovations and suggestions on merit. There is need of constructive
analysis of performance appraisal while deciding the training.
Questionnaire: