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Summer Internship: Inventory Management
Summer Internship: Inventory Management
INVENTORY
MANAGEMENT
Guided By
Presented By
Vikky Agarwal
I.M.B.A. (2008-12)
Roll No – IMBA A-29
Enrollment No – A3907508008
INTRODUCTION
Tecon Projects Private Limited
• Established in 1980.
• Exclusively in the field of bulk material handling.
• Presently an ISO 9001: 2000 certified company.
• Also one of the leading organization in India in the field of Bulk
Material Handling Projects, Environmental Engg., Civil
Construction, Unit Handling etc.
• established it’s trading division in 2007.
• associations with EAO, Switzerland, Germany and Changlin, China.
INTRODUCTION
INVENTORY
MANAGEMENT
Inventory is a list for goods and materials, or those goods and materials
themselves, held available in stock by a business.
Inventory management is used in two ways- unit control and value
control.
Two foremost objectives it constitutes:
1. the avoidance of over-investment or under-investment in inventories;
and
2. To provide the right quantity of standard raw material to the
production department at the right time.
RESEARCH OBJECTIVES
To study the concept of Inventory Management and
analyze the impact of the same on the company.
To study and analyze the objectives of inventory
management.
To study the factors affecting Inventory level and their
impact on the company.
To study the various reasons for keeping inventory.
RESEARCH METHODOLOGY
Research Design – Exploratory
Literature Survey
Data collection Methods:
1. Primary Data: includes the input received directly from the
officials and employees.
2. Majorly constitutes secondarily (through published sources
like books, journals and also from related internet sources).
Analysis and Interpretation – mainly through observation
method.
ANALYSIS AND FINDINGS
MANAGING INVETORY AT TPPL
Advantages:
1. IMPROVED QUALITY
2. ADAPT TO DEMAND A LITTLE BIT BETTER
3. LOWER COSTS
4. ECONOMIC ORDER QUANTITY SAVING
5. SAFETY STOCK REDUCTION
ANALYSIS AND FINDINGS
MANAGING INVETORY AT TPPL
Disadvantages:
1. DEPENDENCY ON SUPPLIER
2. NATURAL DISASTERS
3. LACK OF SYNCHRONIZATION
4. UNABLE TO CATER TO UNPREDICTABLE DEMANDS
5. NON-EXISTENCE OF RETURNS OUTWARDS/INWARDS
CONCLUSIONS AND
RECOMMENDATIONS
Unattractive distributer.
Unutilized hedging opportunities.
Stringent return outwards/inwards policies.
Small Debt remitting period provided.
EAO division treated as ignored division.
EAO division at TPPL could be most profitable in
coming years.
LIMITATIONS OF THE PROJECT
Only Financial Aspect is looked upon of the EAO division within
TPPL.
Only considers data of EAO division; other divisions are not looked
upon.