a project report on inventory management

c

INTRODUCTION

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c    c c  c  c ccc  c   cc ccccccccccccccc   cc  ccc c c  ccc c    c c cc c c
cc ccc c c  c  c  c   c  c c   c  c     c     c c  c

c  c   c   c   c    c c   c  c    c c

c
 c c c cc c  cc c  c  cc c cc c c cc  c   c  c     c c  c c  c
c  c   c c

c  c c   c  cccc  c

 c  c c   cc c c  c  c c! c  ccc c  c  c c  c   c c  c c c  c c c c c  c c   c ! c c

 cc   c  cc  ccc  cc  c cc " c  c  c c   c  c  c  c c   c   c    c  c  c c   c c    c!c cc

 c ccc  c  c  c ccccccccccccccccccccccc  c   c    c   c c  c  c c    c c c  c c  c  c  c c  c   c # c    c  c   c c c   c    c  c   c c    c  c    c    c   c   c  c c   c #  c    c c c    c  c  c  c  c c c  c   cc  cc c c  cc   c  cc  c  cc c   c c cc c!c cc  c cc c c!c cc  cc   c  cc cc cc   c c  cc  cc   c  c $cc c cc  c  c cc c c c c c c  c c c c  cccccccccccc cccccccccccccccc!   c  c%   c c  c c   c  cccc  &ccc c  cc c cc cc  c  cc   c   c cc c cc c  c  c c  cc  c   c   c    c  c c cc   c ccccccccccccccccccccccc ccc  "cc cc c  cc c    c   c!   c  c  c c  cc ccc c

ccc ' c()*cc c ' c+)*cccc  c c c c !   c  c  c cc(

c ccc c   c  cc     ccc  cc   c  c c  c  c$c   c c    c c c   c c c  c c  c c  cc c  c   c  c cc c  c  cc  c cc  c
c  c ccc c  c c c  c  c  c  cc cc ' c ccc cc cc c  cc c '  c  c c   c  c c

INTRODUCTION OF INVENTORYccccccccccccccccc

!    c cc c   c cc  c

 ccc c  cc  c c ! c ) c  c   c     c  c  c ,-.c c   c 

 c  c c c   c  c ! c $ c c c  c c c     c   c c   c c   c  cc c c  cccccc!c c  c c  cc/ c     c  c  c  c  c   c c c  

 c    c
c  c  c c  cc    ccc   c c c  c c cccc !c c

c c cc cc c c  cc    ccc  c cc0-cc 1-c  cc c  cc c  c c  cc  c c   c  c  c   c   c c c  c  c 

 c    c   c c   c c  c c  " c ccccccccccccccccccccccccccccccccccc c

xEANING OF INVENTORY:-ccccccccccccccccccccccccccccccccccccccccccccccccccc

!   c cc c cc c  c c c   c c c c   c! c   c  c c c  c cc   c c c! cc    c   c c c  c c  c ' '  

c c   cc! cc cc  c c  c cc c cc  c 

c c cc    cc   cc ! c c!   c c  c c c c  c c  c c

NATURE OF INVENTORIES :-cc

ccccccccccccccccccccccccccccccccc!    c c ccc cc c c   c c c c    c c c c c  c c   c   c  c c    c  c  c c    c c c c  c c c  

c c  c cc c

RAW xATERIALS:ccccccccccccccccccc2c   c  c  c   c c  c   c  c   c  c c c    c  

c 2c   c     c  c  c   c c  c  c   c c  c c c  cc

c

WORK IN PROGRESS:- cccccccccccccccccccccccccccccc cccccccccc c     c c c   c  cc    c  cc c  c c ccc  c  c c  cc

c

PACKAGING xATERIAL:-

cccccccccccccccccccccccccccccccccccc+ c c  c c cc c c c cccc cccccccccccccccc  ccc ccccccc   ccc c

FINISHED GOODS:- ccccccccccccccccccccccccccccccccccccccccc

cccccccccccccccccccccccccc3  c  c     c  c  c c   c   c c  c c c c4cc c  c c c c  

cc  c5c c c  c c c  c c c  c  cc c    c  c cc c  cc  c c  cc c ccccccccccccccccccccccccccccccccc  cc c  cc    c cc c c cc  cc c   

c
c    c  c c  c   c c   c c c  c   c c     ccc c c c cc cc  cc c c c c c c  c   

c     c 5 c    c   c  c c c    c 6 c  c     c   c  c  c   c c   c   c c  c  c     c ) c c  c  c     c c c   c  c  c c c c  c  cc  c  cc c c c  cc c

INVENTORY xANAGExENT


c c  cc   c     c c    c  c  c c    c   c  c c c c   c   c !   c  c c  c  c c   c  c  c c  c c  c c   c c  c c ccc cc   ccc  c cc c  c  c c   c c c  c c  c c c ! c c  c c    c c  c c c c c  c
c  c c c c   c   c  c c c c  c c  c   c 7!   7c c  c c   

c   c  c  c c c  c  c  c  c   c c  c  

c2c  c c c 

c c  c cc    c   c  c c    c (c c     c  c c c  c c    c   c c  c  c   c   c 6 c    c  c  c c c  c   c c   c  c  c c c c c cc c   c ! cc  c  c    c  cc  cc  c 

 ccc  

c c  c    c c  c   c c c   

c    c  c  c c c  c  c   c c c  c! cc c c  

 c c  cc cc

 c   c c  c    c   c 8 

c     c  c   c c  c  c   c  c c !   c   c c  c c  c c  c c   c  c  c c    c c c  c c c c  c c   c   c c(c  c  c  c ccc  c  c cc    c   c9 c c    c  c cc c cc 

c c c:  c c  cc cccc  c   c   c cc c c c c c! c c c  c  c c cc c  c cc c  ccc  c cc   c(  c cc  c  c c cc cc c  c c  c  cc c  c   c c c

DEFINITIONS OF INVENTORY xANAGExENT

0c + c   c  c   c c  c    c c c  c  c  ccc   c 1c 4  c  c  

 c c  c    c    c c   c   c    c  c c  cc c  c   c  c ;c #  c c   c c c c   c  c   c c  c  c c  c c    c c  c  c  c  c c c  c  c  c c   ccc   c  c
 cc c
$:c   cc  cc   c  cc c

DEFINITIONS OF INVENTORY

0c !   
 c  cc cc c  c c c  c c '  

c cccc  c c c c 1c !   c cc ccc    cc c ccc cc c c  cc cc   c c c  cc c   ccc ;c ! c    c )   c c ccc! c4 c)   c
IxPORTANCE OF INVENTORY

!   c     c ccc c  c

 cc c  

 c



c cc    c c    c     c c c c  c   c c   c   c c

  c   c cc ? c   @  cc c c'inventory'c c  ccccc cc c cccc  cc  c  cc c   cc c  c cc  c  c c  cc c   c cc c c) cc c   cc  cc  cc c  c cc c  cc c c c4  c c   c c c   c c c c ccc c  c  c  c

cccccccccccccccccc+



 ccc cc   c c c  ccc c c cc c c  

c cc   c  c    c  c c   c #  c 



 ccc   c  ?cc c cc   

c  cc  cc   cc  c c  c c c c  c cc

c

OBJECTIVES OF INVENTORY xANAGExENTc

c c  c   c    c c    c   c  c 'Ac  c c   c   '   c c  '   c c    Ac c  cc  cc c c c   c c  c c c   c   c c c c c ! c  c c    cc   c  ccc  c c
A.c Operating Objectives: %0&c

Ensuring Availability of xaterials:c  c c c c    c  c c c  cc c  c cc c ccc  cc cccc  cc c  c
c c ccc c ccc c  cc c  c c c c c c

%1&c

Avoidance of Abnormal Wastage:c c cc c

c cc  c c c c c  c cc c c c cc ccc  c5 c

c c c c c c   c  c   c  c  c  c c  c  c   c  c  c  c  cc   c cc  c6cc  c c c c c cc ccc  c c cc c c

%;&c

Promotion of xanufacturing Efficiency:c!cc ccc c c c ccc    c   ccc cc c   c c c c   c  c  c c   c c c c  c c

%>&c

Avoidance of Out of Stock Danger:c!   ccccc cc  c cc c    c  c c c   c c c c  c c   c  c    c c c  c !c   c c     c c c c  c  c  c

cc  c    c!c c  cccc c  c

cccc%B&c c Better Service to Customers:c 4 c c c   c  c  c c   c c c   c ccc  c c c cc c  c (6)Highlighting slow moving and obsolete items of materials. (7) Designing poorer organization for inventory management:c: cc c c ccc   c  cc   c

B. Financial Objectives: Economy in purchasing:c
c   c    c   c    c   c    c  c

(1)

  c  c    c  c (  c c  c c c c c  c  c    c  c c c c  cc  c  c c (2)

Reasonable Price:c5c   c  cc ccc  cc ccc c  c  cc   cc c*c c ccc  ccc cc c c c c  c ccccc cc c c

c %;&cOptimum Investing and Efficient Use of capital:cc ccc   c  c c c  c cc c ccc cc   c c    c c cc c 

 c    c  c c c !   c  c     c  c cc c   c c cc c c c  cc   ccc c c cc c c c c  c

c IxPORTANCE OF INVENTORY xANAGExENT 1.c COUNTING CURRENT STOCKc
c   

 c  c  c c c  c  c  c  c  c c   c c  c c   c c  c  cCc c ccc c c cc  cc cc c  cc  c c  c ccc  c c c   c c c cc  c:  c c c  c cc cc cccc cc c cc c c c   c c c  c  c c c  c 5 c c c  c c c   cc cc  cc cc 2.c CONTROLLING SUPPLY AND DExAND

5   c 

c  c c  c  c c   c  c c   c ! c  c c c   ccc cc  cc cc c c c   c c c5 c c c c 

c c c c c c  c   c  c c  c c   c  c c c

   cc  cc c  ccc   c cc cCc c ccc cc  c c  c  c c c c   c  c c c   c  c 4c  c  c c   cc  c  cc
  c    c c c   c   c   c  c Cc c c  c  c c  cc c c c  cc  c  c c   ccc  c  c  c c    c  c  c  c   c  c     c   '    cc c!c c c  cc  c '  c c cccc  c c w.c KEEPING ACCURATE RECORDS
cc c  cc c cc  c c  c ccc cc  c 5 c    c    c  c  c  c c c  c  c  c 

c  c c  c c   c !   c   c  c   c  c c  c c    c 

c  c c   c  c c  c c c (  c  c c c  c  c c    c   c  c c  c  c c  c  c c c  c c 2  c c c  

ccc c cc cccc cc c c Õ.c xANAGING ExPLOYEES $ c cc ccc c   c c c c2 c   c c c c ccc  cc   cc  c  c c  c c    c cc  c  cc c  cc 5  c c ccc cc  cc   c   c   c$c

 cc   ccc c c c  cc c  c cc  ccc c  c c  c  c !   c    c  c c  c c  c  c   c 5 c c cc  c c c c c c   c  cc c cc cc  cc   c   c

(c c c  c  c   c  c c c c  c  c  c    c  c    c c c 3 c c  c  c  c  c  c  c c  c  c  c    c cc   cc c cc

cc c c !   c  c ccc cc c  c  c  

c c
cc  

c c   c  cc  c c  

 c c c c cc  c c  c  c  c c c c  c  c  c  c '  c  c c  c  c   c   cc c    c  c!c c c c c cc  c   c  c  c  c  c   c ! c  c c    c   c  c  c  c c  c c   c  Acc cccc c c  

c c

SUCCESSFUL INVENTORY xANAGExENTc

4

c   c  c   c  cc  cc   ccc  cc    c  c c   

c   c c c  c c c  c   c c   c    cc c c c c  cc  c   c c cc cc cc  ccc c   c c c c c ccc   c c c c  c cc  ? c c  c) c 
  cc c''cc c   cc c  c  cc  Ac ×c !    c   c   c''cc c   cc  c Ac ×c 9 c cc''cc c   c  c c   c ×c c)  c  c   c c  c c    c ''c c c   c c c '   c   Ac c ×c c#  c cc   c c c''cc c ccc c c ×c c cc 

c  c 

 c c  c  c  ccc c c c  c  c3 cc c

c

ABOUT INVENTORY CONTROLc

!   c    c c c  c  c   c c c c   

c  c  c c  c c    c c c c  c c  c!   c  c cc c c   c

c c cc c c  c

cc c c  c cccc  c  c c c ccc  c !   c  c c ccc  c c cc " c 

c c c c ccc

c  c  c c  c c  c c  " c c c   c  c  c c  c c   c   c   c  c   c c   c   c +  c    c   c c  c c   " c c c  c   c c c c   

c c c   c    c  cc c   c cc  

c c cc c    c c c c cc   c c

ADVANTAGES OF INVENTORY CONTROL:c

%0&c2 c c   c c   c %1&c+  c c c cc c  c %;&Dc c c  c ccc%>&c!   c c  c c  c ccc%B&c( c cc cc c cc c  c    c ccccccccc%,&)   c c cc ccc c ccc c  c ccc   c c ccccccccccccccc  c ccccccccc%E&   ccc    c  cc 'c c

ccc  c ccccccc2 c c c c

INVENTORY COSTS

 c c c c cc c c   cc c cc  cc c   c    c  c c c )   c  c c   c c  c c  c cc 3 c  c  c  c   c
cc   c  c  cc c  c  c c  c  c c

SAFETY STOCK

4c c c  ccc c cccc c cc  c  c c $ c  c  c   c  c c  c c 4c 4c   c  c c  c #  c c cc cccc " ccccc c c  c c cccc:  c c c  c cc  c  c c  cc c

ORDERING COSTS

)   c  c cccc c  c   c c c    c c c  

 c c c  c!   c c  c   c  c c  c  c c   c c c    c!cc  

c c c   c cc  c c  c c   c c c

THE COST OF SHORTFALLS

4c c  c  c   c    c  c  c c c c c c  c   c 4 c    c   c  c  c c c c c c  c c c c  c c c 6  c  c  cc c cc cc cc c   c  cc 4 c   c  c  c c  c  c c c c  c  c  c  c  c     c   c   c #  c  c  c c  c c c  c c  c  c c ccc c c cc  ccc cc  c  c cc   

c) c c c cc c cc   ccc cc c   c   c:  c   c c cc  ccc  c  c c

CYCLICAL COUNTING

 c   c   c c  c    c  c c c   c c  c c c  c  c  c  cc c c c c ccc  c  ccc  c c  c c c cc  c c  c c  cc   cc c5c  cccc

c c c  cccc cc c c ccc :c   c  c   c  c c  c  c   c c   c c    c  c  c!c c c c cc  

cc cc c cc  c c c c

  c c  c c c  c  c  c  c c   c  c :c   c  c  cc
$:c cc c c c   cc c cc cc cc
$:c c  cc  c1-c  cc   cc  cF-c  ccc cc  cc  c   c   

 c    c  c  c c c 1-c   c  c   c  c  c 

c  c! c c c c c c 
A Category:cc c1-c  cc c cc c c c cc

×c

B Category:c  c c cc

×c

C Category:c: c c  c c cc

5  c c  c c c   cc     c  c c c  cc
c  c  c  c  c c  c   c c $c  c :c   c  c  c  c  c c  c c cc  cc c

COxxON INVENTORY VALUATION xETHODS

c cc c  cc cc  cc   c cc cc cc  

c  c  c c   c c c c c c cc cc c c   cc c3 '! c3 ')c%3!3)&c6 '! c3 ')c%6!3)&c c
 c: c!   c  ccc c cc

 cc c c c c!c ccccccc  c c ccc  ccc c c

FIFO

3!3)c   c   c c 

 c c c  c  cc  c c  c    c  c  c c  c c
c c c  c  c  c  c c c  c c 

c c c c  c   c1--c  c c c c2 0--c c cc ccc  cccc c c B--c  c  c 2 EBc  c  c 5 c  c    c   c c 3!3)c cc c c ;--c   c c 5  c c  cc cc c cc2 1EBcc  c1--c  cc2 0--c c c0--c  cc2 EBcc! c ccc c1--c  c cc c  c c

c cc   c>--c ccc cc2 EBcc cc c c c   c   cc c

LIFO

6!3)c 

 c  c c c  c  c c c    c  c c  c c 8  c c c c c  c  c  c  c c c  c c c  c c  c c c 2 11Bc  c c ;--c   c c c   c    c  c c  c c c c c c 2 ;B-c  c 

 c 5 c  c c  c  c  c  c     c c  " c  c c  cc c c:  cc cc  cc c cc   c  cc  c c 0-c  c  c   c c  c c   c 0-' 'c    c c c  c 

 c c

WEIGHTED AVERAGEc


 c: c  cccc  c cc cc c c!c c c  c c  cc  c c c c  cc  c c c  cc cc  c cc cc  c cc c cc ccccc cc c ccG%1--cc2 0&c Hc%B--cc2 EB&I@E--c c2 F10ccc   c>--c  cc cc cc c c  cc c c c  c   c c c c

SPECIFIC IDENTIFICATIONc


c

c c cc  ccc  c cc c  c c c c c c' c cc c c c c! c c  c cc c c c c c c cc

c c c c c c  cc c c   c  c  c  c  c  c c   c  c  c  c c c c   c c c  cc cc c

INFLATIONARY EFFECTS ON VALUATION

Dc ccccccc c c cccE--c cc ccccc 2 BEBc ccccc cccc cc c  c c#  c c   c c  c   c  c5 c c c c  cc c  c c   c c  c c c c   

c  c  c  c   c  c  c

 cc c cc c  

 c c ccc c  c  c c

RISING PRICES

5 c   c  c   c   c 3!3)c c c c   c c  c c  c c  c     c c  c c  c    c  c   c  c c c c  c  c  c   c  c) c   c c c cc  cc cc c c c  c    c c c cc  c

 c6!3)c   cc c cc c  cc  c cc cc  cc cccc c

 c c cc c ccc  c  c!    c cccc6!3)c c  c   c cc  cc c c  c c c  cc

c c

NEED OF THE STUDY:c

c

cccccccccccc!    c c  cc c cccc c  cccc cc !c c

 cc   c cc  c  c c c c +  c  cc   c ccc   c   ccc cccc 

 

cc 

ccc  

c  c c  c c c   cc

 c  c c  c cccccccccccccccccccccccccccccccccccccccccccccccccccccccccc!   c cc c c c cc   cc   c cc c!c cc43+c4 c c

c

c

c

STATExENT OF PROBLEx c c  c  c cc c  c   c  c  cc "cc

cc c ccc cc  c c  ccc  c ccccccccccccccccc c c  cccc ccc" c c+  cc cccc  c  c c c  c
c   c  c c c  c cccc2  c c c  c  cc c c c c c c c c c c c

c c c c c

INDUSTRY PROFILE

c  c    c  c ! c  c c c c 3 c c c    c c  c c ' c    c  cc  cc cc    c  c  cc01Bc  c cc  c c cc c   c c  c c 5!#cJ6)$
6!K
!)Dc   c cc!c   c   c    ccc!  c  c    c  cc c  c   c  c c    ccc cAc cc c c cc    c c  

c  ccccc c   c   c c  c  c  c  c   c  c ! c c  c c c !  c  c   c c c cc    c    cc'cc    c    cc c c  ccc c    c   c cc  

c  cc  

c!c  cc c c c  c c     c 2c     c c  c c   c c c  c  c c     c  c c  c c  c     c  c  c   c  c  c   c 4c   c  c     c  c   c  c  c   c   c  c    c c cc c c ccccc   c c c   c c c  ccc   c cc cc$c cc ccc c ccc c  c 

c  cc 'c    c2 c L
c+  c c:  "c cc cc ccc2 c0--c  c  cc c  c c c  cDc4c( cK c c  c  c  c  c  c c c  c 2 ;--c   c  c  c   c c   c 01Bc   c  c c   c  c c c c  c c c c c 1--c   c  c c  c  cc c  c  c  c c c J  ' c!   c3   c

 c c cccc c c c  cMc>-c ccccc

c c ccE-c  c  c! c c! c: c c c  c  c 5cc  c c  c    cc!  c c   c c  cc c  c   cc c c    c c cc c c cc c  c

 c  c
 c  cc cc c  c c c  cc c   c  c   c  cc c cc ccc cc c c c c cc

c c  c c c  c  c c    c

(History of perfume industry) 1.1760 cccccccc0E,-c'c! c0E,-c c6  cN c# c: c cc# cc: c ccc  c cc c  ccc  cN c# c: c:     c  c)  c: +  c N c# c: ( 

c (OPQR   c    :  3  c c c    N   c      c        c+  c 3  cc 2.1921 ccccccc0S10c'c:c: c    cc c   cc cc cccc

c  c  c c  c c c c c: cDBc c0S10cCc c c  c c

ccc  c ccc c ccT>,c cB-c(Ucc# cc3   cc w.1987 cccccccccc3c1Fc0SFEc'c5 c c  cc c  c cc0,c  cc c  c cc  c c   ccc+   c
c c#  c c   cc0Fc  ccc6 cc c  cc c cc+   c  cc0Ec  c3   c Õ.1988 cccccccccccD c1Bc0SFFc'c!c c ccc1--c   ' c c  c  c c c cc 74  cc7cccc cc4 c c!   ccc  cc  c  c  cc   c  cc ccc cc c c   cc cccc 5. 1991

cccccccccc3c0Ec0SS0c'c5  c c  cc+ c$ ccc  c c c 2 c6? ccc  ccc c   cc  ccc6c  c c c c
c c   c   c c c ccc

  cc 6. 1999 cccccccccccccUcSc0SSSc'cc c    c  c cc c cc cc  7c  c    c  c c
 c+8!Jc  c( c c  c   c cc c  c? c c c c  cc cc c c cc c cc  cc  7cc 7. 2000 cccccccccN c1-c1---c'c#? c' 'c7Dc4  7cc c  ccc  c cc  c   c2     c cc
  c c:  c c   c c c #c cc cc  ccc c cccc  cc c c

  cc 8.2001 cccccccccD c1;c1--0c'c c   c  c cc cc  c cc c c  cc7c  cc c c c   ccc  cc$cc cc
 c c c7c c c   ccc c   7c  cc c7c 

cc   c c c cc 9.2002 cccccccc
 c00c1--1c'c4 c c c  c c  c c c cc c c  c c( c  cc7D  c c cc   cc c c(c c  c c ccc  c   cc c  c c ccc  cc  c c   c  7c cc 10.200Õ

cccccccccccccc4c11c1-->c'c!c cc  cc cc
  c  c cc c    c5 c 

c c  c cc cccc c c'cc4c c c

 c  cc c c c c  cc c   ccc c c c c c

ccc

cccc

COxPANY PROFILE

c

SOxABHAI FULABHAI PATEL (SFP) c 43+c4 c%! &c+ c6c  c c0SS1c c ccc c   ccc c +  c c  c c! c43+c cc c4c( cK c: c c cc c 3  c  c c4c3c+cVc4 c%! &43+c   cc  cc  c0---Hcc c   c  c c c   c?
  ?c? ?c??c??c?4?c?4 cW?c cc c ?: c  ?c c  c cc c c c c1-c   c+ cc c  c  c
 c%   c c &c4 c+  c%(Uc(U+c  c cc c c  &c+ cJ c:  c cJ c c# c cc:  c c4 cc c J c4 c# c)cc cc c c 43+c cc!4)cS--0c c c c ccc  cc  c c
c  c  c c  c  c cccc   c    ccc c  cc   c cc!32
c3U
cccc c cccccccccccccccccccccccccccccccccccccccccccccccccccccccccc43+c c c  c  c0-----c cc c c c  c  c>--Hcc!c  cccc2cVcUc  c ccc c cccc c c  ccc  c!c cc  cc c      c cc c cc c  c c c cc43+cc cc c   c  c c  cXc c

ô


     c c c 43+c 

 c c c c  c c4
+cc43+cc c c  c c c ccc c  cc  c c VISION AND xISSION

c : c   ccc ccccc c c c  c c  cc c    c c : c

 c  ccc cc  cc    c c cc c ccc  c c 43+c cc  c  c c  c c cc  c c c  c cc cc  c c cc  c c   c c c

  c c c c c c c

xANAGExENT c c 43+c c  cc c   c  cccU  c cU  c4c+c c     ccc

 c c   ccc43+ccc c: c c  c c:  c   c #c  c c c c c

 c c c c  c  ? cc c

R & D Labc c 43+c ccc  c c   c  ccc cc ' cc   c c  c  c c cccc c    c6 cJ:c  c c4Jc  c+c cW  c c c!    c c cc  c  43+c c ccc c c  cc  c c8  c c c  c   c c c c c c c   c    ccc  cc   cc   ccc  c c  c

BLENDINGc c 43+c c  c cc cc c ) c    c!c cFc  c c cc  cc  cccc c 0c cc c  cc c !c cUc5 c c ccc c 2)c c c43+c ccc c   c cc  cc ccB----c cc c

COSxETIC xANUFACTURING c : c  c   c c c ccc c c c c c c cc cc c



c c c 

c cc c  cc c



ccc0c c43+c c c c B-c c cc cc  c  c

DISTILLATION c 43+c c  cc c c  c ccc

c   c c c  c c     c# cc  c c c cc c c c c c   cc  c

FILLING AND PACKING +  c  c  c c c  c c

 c  c  c
 c4  c:  c c J c# c c  cc c
ccc01c   c   c  c c c c c  c c 01----c  c  cc c c

WAREHOUSEc c c c  c c c c cc  cc c 1----c cc c cc  cc  c cc c  c cc c
c  c c 'cc c  c c  c43+c cc ccc c c c c cc c c c c c c c c c c

TRAINING c 43+c   c:  c   c    ccc c c c  c  cc   c c c c c c c  c  cc  c   c cc c  c c

SHOWROOx

c  c  c c  c    c   c c  c c   c !c  c   c  c  c    c # c   c  c c cc cc c c  c cccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc c

QUALITY OBJECTIVES OF SFP ×c ) 'c  cc c cc  c c ×c K c cc  '  cc! ' 

c c c ccc c c ×c K c cc  c cc  c  c   c c c c

c

c

QUALITY POLICY OF SFP SFP cccc c   ccc cc  c  cc c

 c  " c  c c  SFPc c ccc  c  ccc c    cc  c   c   c c  c c  

c  c SFPccc c  cc  c c 

  c cc cc c  

c c c c c c c c c c

c

Credentials of SFP ƒc 2c  c cD  c c c43+c4 c%! &c+ c6c c cc c  cc " c   cc  cc*c  c  c  c cc c  ccc  c c   c c  cc!4)cS--0<1--Fc c c!4)cc c 0>--0c c(    c  c  c c ƒc 43+c cc cc c  c c c

ƒc 43+c c c  c c c  c c c  cc c

cccc

c ccccccccccc   cc cVc   c   cc! c c ƒc ! c1--Ec2
N!WcJ
DU#!c  cc c c c c43+cccc c ƒc :  c c cc   ccc ccc! c c c ƒc 43+c cc cc(

 cc

 cc! cc c ƒc 43+c c   cc!32
c c3U
c c c c c c c c c c c c c

FACILITIES AND TECHNOLOGY OF SFP šc 5c c c  c cccc  c 

 c  c cc   cc ccccccc

  c šc   c   c  c cc c   c c c šc 5'c  c   c cc cc šc Uc c c šc 2)c c c šc 5'c c  c  c c c c c c  c  c šc 5'cc   c c

šc # c c  c c c  c  c   c   c   c  c  ccc  c šc
%  c &c  c  c šc *c  c  cc  cJ:c c c   c  cc    c šc 5'c cc2VUc  c šc U  c c  c  cc   c c c  cc c  "c  c c c   c c  c c   ccc šc c c c  c  cc c c c  c  c  cc  c c šc c c c01c c  c cccc0c1----c c c c šc
cc  cc c c c cc c

c  c4
+c  

c0c c

c c c c

HUxAN RESOURCE c

Competence, awareness, training
c c cccc cc  cc c c c c   c c



c c  c   c  c c c c  c c c c c cc cc c c ccc   cc  cc  c  c c% &c  c $ c   c  c  c c  c   c   c   c c  cc  

c cc  c c  cc43+c   c  c (  

ccc c c c c   c   c c  c  @c  c   c  c c c c c ' c  c

c

5c  cc c  cc c  cc  c cc c cc   c c  cc c  c   c c c  c   c c  c   c  c  ccc   c 2  cc c   c cVc  c c  c c c cc c c c  c c c43+c c xanpower in SFP (  c  c ccc  c ccc: c c  c1B-cc

c  cc c c01-c  c  c cc cc  c c  cc cc c cccc   ccc cB-c  cccc c c  c   c   c ccc  c  cc   c cc c cc

c c  c  cc  c   c cc c  c c c

ORGANISATIONAL CHART

  mm

m mm

m
 mm HEAD STORE




HEAD FORxULATION

HEAD F&P xANAGEING DIRECTOR

HEAD QA

  

HEAD PURCHASE HEAD COxxERCIAL

HEAD TRAINING c

c

DESCRIPTION OF PRODUCTION PROCESS PERFUxERY AND COSxETIC PRODUCTS:

c

xaterial used:

c

+  c  c cc    c:  c    c  c

  c  c cc c  c Stage 1 c

+  c c c c c  cc  c c  cc  c c c

c c Stage 2 c

:  c c cc cc  c c cc c cc c

 c c cc cc  c c c  cc 

c!  c c   c c  c c cVc c Stage w c

+ c c c c c   c  c c cS c  c c c  " c

   c c

U  c c  cc   c cc

c

  c c  cc c

 

c  cc  c cc   cc c    c Stage Õ +c  c  c c  c c c  c c

c

xARKETING

ƒc 43+c  c   c 'c  c Uc c c c  c  c 8
(c  c    c c c  c cc
  c   cc4 c(c 4c D c J c 8 c Kc 4c
 c 6c
 c   c  c:c c:  c

ƒc ! c 4c
c c  c  c   c    c ' c  c Nc 2c c  cc ƒc
 cc c c  c   c c c9c c$  cU'* c 6  cN  c4 c!  c! c c
   c ƒc c c c c  c c c c4 c6 c4  c c!   c  c  c c$  c ƒc ! cc cc c  c   c  c c
 cDcC cDcN c:c 6 c
 c6  c4 c c3  c ƒc ! c! c c cEB-c   c cc  ccccccccccc c c c c c c c c c

PRODUCT PROFILE Different Brands xanufactured by SFP : c

cccc c c

c c c

c

cccccc c

c

c

c

     :Primary objective:-

ccccccccccccccccccccccccccccccccc ccc  c   c  c  c cSFP c SONS India pvt.ltdcc cSecondary objective:ccccccccccccccc0cc  cc c cc  c c ccc ccccccccccccccc1cc ccccc   c c  cc ccccccccccccccc;ccc cc c c ccc c cc  cc c c c c c c c c c c c c

LITERATURE REVIEWc

cccc4

cc c   c   c  c cc,c" c0&c ccccccccccc 1&c  ccccccccc;&c cccccccc>&c ccccccccccccB&c cccccc,&c  cccccccccccccccccccccccccc cccccccccccccccccc  c c c  c c

c c cc  c" c+  c c c c c c cc ccc c cc  cVc  c  ccc  c c ccc  c  ccc   ccc  c!c c cccc c  ccc  cc cc c

 c   c  c c   c c c 

 ccc   c cc  cc   c  c c ccccccc cccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc
c  cc  c c c c ccc cc   c  cc   c    c4ccc c  cAc 1.c Author:- Bern at de William year 2008 ccccccccccccccccccc c c ccc c cc   c  c c cc     c c   cc  c cc  c c c ccc   ccc   c  c cc  ccc   cc   c ccc c c c cc cccc#c c c  cc cc  cc c cc c  cc c cc  c$ccc   cc   c c c  c c c c   c c 1. Author: - Jon Schreibfeder 1992 cccccccccccccccccccccccccccc#c ccc c cc c c c   cc c ccc  c   cc c c! c c0SS-" c c   c  cccc cc   c c  c c  c

c   c! c   cc cc c   c  c c   c   c  c c cc

  c c cc c c c  c  ccc   cc  c c  c c$c c  c c c   ccc cccc c c  cc c   c

;. Author:-Wolf Bagby, xanaging inventoryc cccccccccccccccccccccccccccc! c c c c5$c ccc  cc   ccc  c  c cc   cccc c c   cc cc cc    c  c c

 c  c  c c  c   c c  cc  cc   c c   c ccN!c  c
  cc c cc   c ccc  cc   c cccccccccccccccccccccccccccccc$  c  c   c c  c cc c cc  c   c  c! c c  cc   c c    c cc  c   cc  cc cc   c  c cccccccccccccccccccccccccccccc3 c c c  cccc cc c cc  c c  c ccc   cc c c c c c c Õ. Author: - Asfaque Ahmed October 12, 200Õ (Article from master requirement planning and master production scheduling) ccccccccccccccccccccccccccc#c cc ccc   c c   c c  cc  c  c cc

c c  c  cc c cc   cc c c c c c  

c%5!+&c    ccc c  cc   cc c c c5!+c  c c c  cc cc  c c  cc c c ccc c cc c  cccc  cc c c c c c c c  cc  c  c cc c c c cc c  c c c   c c 5.c Author:- D.Hoopman April 7, 200w (Article from inventory planning and optimization) cccccccccccccccccccccccccccc! c c cc cc   c c  ccc   c   c c  c   c  c c    c2  c cc  cc  c c c cc c  c c cc   cc ccc  cc c! c c c c  c c c c c c  ccc ccc  c2)!c c c c  c c

6.c Author:-Silver, Edward A Dec22, 2002 (Article from production and inventory management journal) ccccccccccccccccccccccccccccccc c c  cc ccc cc c cc cc

 c   cc()*c   c c   ccc #  c c c  cc c c  c c c c c   ccc  ccc c cccc c  cc    c 
cc cc  cc  cc    c c c$ ccc   cc  cc    c  c cc c   cc 7.c Author:- Charles Atkinson (A study on inventory management) cccccccccccccccccccccccccccccccccc! cc cc c:  c
  cc cc   cc   c c



 cc   c  c
c c c c   c  cc cc 

cc

c cc+ c!c#ccc  c   c  c + c!!c#cc



c% &c   c  c ccccccccccccccccccccccccccccccc c c cccc  c cc c ccc cc cc c cc  c c cc  c
 c   c ccc cc  cc c
 c   cYc  c   cH c @1c 8. Author:-Delaunay C , Sahin E,

2007.

cccccccccccccccccccccccccccccccc
c cc c c c ccc ccc ccccccc  c cc  c c cccc   cc cccc c c ccc  c c c c  c  c cc ccc c c  ccc    c   ccc c ccc cc c c c c cc   ccc  c  cc   cccccc   c ccc  ccccc   cc   c c

c cccccccccc c c

c c c c c c c c c c c c c c c c c c

RESEARCH xETHODOGYc

cccccccc2  c c  c c c c  c  c c   c  . )  c    c c  c c    c c    c c 43+c 4 c  c   c c    cc   c c    'c 0c2c  c   c 1c5 c c  

c   c ;c+ c c   cVc >c3  c c   cccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc ! c  c  c c     c c c  c c  c    c  c     c W c c    c  c   c  c c  c  c    c ! c  c   c c c   c c c c  c cVcc  cc   c 5  c   c c c   c  c c     c c c  cc c  c c  c  c  c    c 43+c    c c >-.c c c 

 c    c c c  c  c   c ccccccccc    c c    c   c c  c c  c  c  c c  c c c  cc   c c   c ccc c  c  c!c cccc    c  c c c c c  

c   c  c c   ccc  c   c c" ccc cccccccccccccccc ccccccccc   c c  c c  c  c  c   c c 

   c  c  c  cc   cc  cc c   cc    c c c   cc PERIOD OF STUDY: c cccccccccccc c c c cc c cccN  c1-0-cc
 c1-0-c  cc c    c cc " c  cc c c   c c c c

c

xethod of data collection:

! c   cc   cc43+c5cccccc  c   c5ccc   c c   cc c 4(:)DU
2CcU

cXccc ccccccccccccccccccccccccc   c c  c  c c c  c  c  c    c  c c   cc cc   ccc   cccc   ccc c3 c cc   ccc cc c cc2Dc c   c cc

c c c  cc  c   c c c  c  c c cc   c cccc! cc   cc   cc   cc  c c c  c ccc   cc c +2!
2CcU

cXcc cccccccccccccccccccccccc+  c c  c   c c  c  c c c  c   c  c  c c cc cc  ccc  cc   c   ccc+  cc cc  c c c c cc 0c !   c  c  c ccc c 1c !   c   c c c c c   ccc w.c 4c  c >c : " cc ccccc c c c c c c c

INVENTORY xANAGExENT TECHNIQUES

! c   c     c c  " c   c c c  c    c c c c  c   c c  c  c c  c c   c c c  c c    c c   ccccc  cc   c  c cc

 c 

 c c c    c c c   c   c c    c   c
c c   c   c  c    c   c  c   '  c  c  c c  c   c c  c   c c c   c   c    c c  c c  c   c ' c   c   c c   c   c c    c   c c c

 c c
Inventory level Techniquecc

cccccccccccc c  cc c  c cc  c c  ccc cc c

cc c c  c  cc c c  c 

 c   c c   c3 c  c  c   ccc c c cc   c c   c c  c 

 c c %1&c

xaximum stock Limit:c c     cc cc   c ccc c c c c c c c c  c  c c  c  c c  c c   c c  

 c   c c  c c c  c   c c  c  c c  c  c c c     cc   c c c

RE-ORDERING LEVEL (ORDERING LEVEL)c c

!c cc ccc cc ccc c  c   c  cc   c c  cc  c   c  c   c c c  c c  c  c c  c  c c  c  c  c  c c c c cc   c c  c c c  c  c c    c  c  c c  c  c c c  c c c    c c   c c c c c c   c c c c  c !c  c c  c  c c   cc c
ABC ANALYSIS:

ccccccccccccccccccccccccc
$:c
  c cc c c  ccc  cc c  cccc c cc  ccc  c c cc  c  c c c c  c ccc c c   cc  c c c  cc  cc   c

cccccccccccccccccccccc c  cc cc   cc c   ccccc  c cc  c c  cc  c c  cc cc c  c   cc c   cc ccc ccc cc c c

c c0-.ccc  ccc c ccc   c  cc ccEB.cccc  c c c cc cc cc
c

c c c c c  ccc  c  c4 ccc c  cccc  c  cE-.ccc  ccc  c c c cc cc0-.cccc   c c c c  c ccL:"c

cc ccc ccc cc c cccL$"c cc ccccccccccccccccccccc c c ccc cc  cc
$:c
 
c c c  c c
$c :c cc c  c  cc cc  cc   c cc  ccc  cc    c 1!c c 

 c c c c
$:c   cccc c cc c ccc :

 c ; c  cc
$:c
  c c:c c cc c  ccc   c c   

c ccc  c c c c3 cc c cc ccc cc ccccc c cc  cc c  ' c ccc   c 

c c c c c  cc  c ccc c ccc  c   c  ccc c  c cc c:c cc
$:c   c ccc c  c c   c  cc  c   ccc ccc  c   c >+ ccc c c c c  c  "cccc  cc
$:cc    c!c c  cc c ccc cc cc c cc  ccc 

 c c c

ECONOxIC ORDER QUANTITY TECHNIQUE

ccccccc ) ccc  c   c  c  ccc   c ccc   c cc c  c    c  c   c !c c  c  c  c c   c c  c c c  c  c cc ccc  c c    c!cc c c  cc  c  cc

c c c c   c c c % c c c c &c  c   c  c c order quantity problems,c cc ccc c cc  ccc c c  c c % economic lot size&c U   c  c c    c  c    c c c c  
VED ANALYSIS:ccc

cW(Uc   c  c c  c  c  c  cc   c c  cc  c  c  c   c  c c c   c
'$':c    c c c c   c  c  c  c   c c  c  c   c   c  c c    c c c  c  c   c 4 c   c  c 

c
 c%(&c cU  c%U&cc c   c cc c c   cc   c c  c  c  c c  c c c  ' c c c   c c  c c cc  cc(c cc   c c c 

 cc c  ccccc c   c c  c c Uc  c c   c c c  c c  c !c c c c c  c

  c c

c c  cc c   c cc cc c

 cc   c  c c  c c c  c  c
c  c

 cc  c  c c  c  c  c   c   c c 

 c c   c c c ccc c c cc cc c  c c cc c   cc c

JUST-IN-TIxE (JIT) SYSTEx: c

ccccccccccccccccccccccccccccccccccccccccccccccccN  c   c  c c just-in-time (JIT) system  c c  c ! c c N!c  c  c  c c   c    c  c  c   c c c    c  c c   c  cc c cc ccc cc  cc c c

   c c c    c c  c c N!c  c   c c 

c c   c c    c c c   c  c c c c  cc   cc

 c   c  c     c  c    c  c c    c  c  c  c   c c c  c c   c  c c c c  c + c c  c  c   cccc  ccN!c   c  c  cccquality managementc(TQx)cc 

ccc  c  c cccc c  c c

 cc  c c   c 

 c c  ccc cc cc

 c c   cc   ccc  cc   c c

INVENTORY TURNOVER RATIO
ccc! c  cc!   c   c c c cc   cc  cc cc    c c c c c  c cc c c cc cc c cc ccc  c c ccc  c   c!   c   c c c  c cc    c c c c c c c c c   c c cccccccccccccccccccccc!2cYc: cc c c cccccccccccccccccccccccccccccccc
 c   c c c

INVENTORY xANAGExENT SYSTEx IN SFP SONS INDIA PVT.LTD.

ccccccccccccccccc   cc   c cc  c c  @ c! c c ccc c  c c  c cc cc cc cc  c cc c  cc
 c c  ccc  cc  cc  c  c c cc2cc  c  c + c  c (  c c c   c c c c   c c  cc c   c
 c   cc c  c c  ccccc cc

 c  c   c  cc ! c c   c  

c >'Bc c c c c c c  c cccc c c c ccccccccccccccccccc c  c3!3)cc c  ccccc  c3 c! c3 c)c %3!3)&c  c  c  c c  c  c c  cc  c 

c!c  cccc   c c c c   c  c (  c   c c  c c  c  c 4
+c   c  c  c  c c c c  c  c  c c c   c c c c 3 c   c  cccc  c c  ccccc Warehouse arrangement cccccccccccccccccc c c  c  c c cc  c cc   ccc cc2c  c  c  c c   c c  c   c c 2c   c   c c   c c    c c  c   c c  c c  c c  c  c  cc  c cc c  cc c  c3 cc c c c  ccc cccc c c c c  c c ccc ccccccccccccccccccccccccccccccccccccccc+ c c ccc c ccc  c c  c c  c  c  c 3  c  c  c  c  c c  c  c  c c   c c c   c c  c c c  c  c 3  c c  c  c  c c ccc c c (c c  cc  c c   c cc c  c cccc   c c SCOPE OF STUDYc cccccccccccccccccccccc cccccccccccccccccccc c cc  c  c cc c cc  c
c c c  c   c  c   c c    c  c c c  " c    c  c  c cc c c cc   cccc cc  cc " cc c  c c   c cccccccccccccccccccccccccccccccc c c   c ccc  ccc cc cc c c  c  c c  c   c c c c    c  c  c  

c   c    c   c

c c c c c c c c c c c c c c c

LIxITATION OF STUDY c ¬c !c  c cc c   c cc  c cc c cccc  c c ¬c 4c c c c   cc c ¬c ccc   c c c c c   c ¬c c   c c c c  c   c cc  c   c c ¬c c c c c cc c   c  cc  c c  cc   cc c c c c ¬c 5  c    c "c c c  ccc cc

c c c c c

c

c

FINDINGS

c c : c c   c c c cc c  c

c c c    c    c  c  c    c   c  c 1--F'-Sc c  c ;c c  c 1--S'1-0-c c  c 1>c c $c
$:c
  cc c cc c ccc  c c
c$cVc:c

c c

c  c c c  c c c c  c c  c  c c  cc   c c c   c c c  c  c c    c  c 1;S>.c  c 1--Sc  c 0SE;.c c 1-0-c c c   c c c   c  c c   c c  c  c  c cc    c c;>.cB.;E.c c1--Scc c1-0-c>-.c>.c;>.c c : " cccc c c ccc  cc cc   c c c c : c c    c c c c c ccc cc cc0-c   cc cc  cc   cc c c c ( c  c c%()*&c c c1--Sc c0-SB1,c  c()*c c c1-0-c c ;1-E,c  cc  cc c cc c  cc cc c c  c cc  c c c c c   c   c c  c   c c c c c c c c c

SUGGESTIONS

c ×c  c ccc  c c c c  c%c cc &cc   cc c cc ccc   c ccc  c  c ×c  c cc c  cc  cc c cc c  c  cc  c cc c c c c cc c ×c
c   ccc c c   c c c c cc ccc cc cccccccccccc c c  c c  c cc c  c ccc c c  ccccc cccccccccccc cc c cccc  c cc c c cc   c ccc ccccccccccccc c cccc ×c !c c c ccc c c  cc c c ccc  cc  c c    c  c  c 4c c  c  c c   c c c c  c   c ×c !c c  ccc c c c   cc  c c

c c
cc 

c c c  cc c  cc   cc ×c c   cc   c   c cc    cc  c c c   cc c  c cc   c ×c c  cc2'  c c ' c c c( c  c cc  c c  cc ccc c ×c  c cc  c  c c  c c  cc   c ×c  c c c  c cc c  cc  c  ccc  c  c 3c c c  c  c c c c  c   c c   c c    c cc c c c

c cccc ×c !  cc cc cc c:cccB.'F.c cc c ccc     c  c  c c  c   c !c  c c c  c  c  c    c  c  c  c c  c c

ccc

×c  c c c  c c cc  cc c c c cc  c c c c  c cc  c cc cc c  c c c c

c c

c

c

CONCLUSION

c !   c  c c  c cc  c cc!cccc c c c   c c  c   c  c ccccccccccccccccccccccccccccccccccJ)2U)DcJ2
#
c cc !   c cc c

ccc cc c c cc c c  cc c   c c c c " c  c

c  c c  c!   c  c   c  c c   c c c c   c # c c  c c   cc  c    c   c  c cc  c c c  c c  c   c  c c  cc c : c  c c    c  c  c  c c    c c  c  c c  c  c  cc c c c  c c c c!   c  c c43+c4 c%! &c+ c6ccc
c$:c   c c c  c  c c   c    cc 3 cc cc c cc c  c ccc c c   c c ccc   c
$:c
  c c ccc cc c  c c  c c c c cc c  cc   cc c  c

c c   ccc c cc  c c c c   c

c c

c BIBLIOGRAPHY c Êc 3  c  'c c
c+ 'c+   c:  c c Êc   c
  'c29c4 c c4 c9cJc Êc 3  c  cXc!cc+ cD  c( ccc Êc 3  c  cX4:9c Êc 
(2!
6c
D
J((Dc$))9cXc$Cc2
N(DU2
cc!4#2
c Êc )+(2
!)Dc
DUc+2)U8:!)Dc+6
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