A Report of SUMMER TRAINING At GUJARATMITRA PRESS
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Transcript of A Report of SUMMER TRAINING At GUJARATMITRA PRESS
AReport of
SUMMER TRAININGAt
GUJARATMITRA PRESSGujaratmitra Bhavan, Sonifaliya.
Surat - 395 003:: Training Period ::
1st May to 30th June 2007
:: Prepared By ::
Daruwala Dipansu H.S. Y. B.B.A.
Roll No. : - 18
:: Submitted To ::Prof V.B. Shah Institute of Management
&R. V. Patel College of Commerce
Amroli
Gujaratmitra Pvt. Ltd. 1
Prof V. B. Shah Institute of Management
& R. V. Patel College of Commerce.
CERTIFICATE This is to certify that the summer training Report at Gujaratmitra Submitted by Lad Tushar B. in Partial Completion of S.Y.B.B.A. to Veer Narmad south Gujarat University & Prof V. B. Shah institute of Management & R. V. Patel College of Commerce has been prepare report under our Supervision and Direction..
Date:- / /2007 Co-ordinator Guided By :- ( Sehnaz Rangrej )
Gujaratmitra Pvt. Ltd. 2
PREFACE
The Career of the Person depends upon many things.
One of them is the knowledge. He/She acquires through
theory is not sufficient to develop. His/Her personality and
to develop some skills, but now a days , it is no more.
Practical training is necessary to implement the theories
& acquire the knowledge, so for this purpose our
institute - Prof. V. B. Shah Institute of Management
– affiliated by Veer Narmad South Gujarat
University, Surat, arranged two months of summer
training programmed which is necessary for any
B.B.A. student. That is in order to sharpen our skills
and to bridge the gap of the theory and practice.
I completed my training at “Gujaratmitra Pvt. Ltd.,
Surat.”
The training report is made with clear
objective of study of “Gujaratmitra”, its working.
The report will give the brief details of all the
department of Gujaratmitra. My report provides you
all the information related to the various department
of Gujaratmitra, its current affairs and working. I
receive all information and co-operation from the staff
members. I hope so this report fulfill need of the
educational requirements.
The last part of the report is the SWOT analysis.
Which gives you the information about the Strengths,
Gujaratmitra Pvt. Ltd. 3
Weaknesses, Opportunities and Threats of
organization.
Lad Tushar B. S.Y.B.B.A.
Roll No. :- 50
ACKNOWLEDGEMENT
I am very thankful to Veer Narmad South Gujarat University for conducting a summer training part in our BBA syllabus which increase our practical knowledge.
I express my sincere thanks to all teaching and non-teaching staff members for their guidance and help whenever I required.
I express my heartiest gratitude to following people in the GUJARATMITRA Pvt. Ltd. for completion of my training. It would not have been possible without their help, support, guidance and co-operation. Especially to following Person:-
- Mr. Bharat Reshamwala ( Managing Director ) - Mr. Ruchir Reshamwala ( Business director)
Mr. G. P. Solanki to allow me to undergo training the in GUJARATMITRA.
Mr. Raju Patel and Mr. Nitinbhai for the permission of undertaking the study. Mr.
Gujaratmitra Pvt. Ltd. 4
Solanki provide me guideline how to make a good report.
Mr. Raju Patel (production), Mr. Nitinbhai (finance), Mr. Ramesh Patel (Packaging), Mr. Atindar Zaveri (Advertising), Mr. Jignesh (Process) for giving me necessary information related to the department at which they are working and giving their valuable time for guiding and providing lots of information concerning.
Mr. Anand to one and all who have directly or indirectly helped me to make my training fruitful.
Lad Tushar B. S.Y.B.B
.A. Roll
No. – 50
CONTENTS
Gujaratmitra Pvt. Ltd. 5
Sr.
NoChapter
P.
No.
1. Introduction 07
2. Production Department 18
3. Marketing Department 37
4. Human Resource Department 44
5. Finance & Account Department 57
6. Conclusion 71
History of Gujaratmitra Press
About Gujaratmitra
Gujaratmitra Pvt. Ltd. 6
- Edition
- Price
- Supplementary ( Purti )
Chronology
History of the ‘Gujratmitra’ :-
Gujaratmitra Pvt. Ltd. 7
Established in 1863, the ‘Gujaratmitra’ is one of the
oldest newspapers in the country. A weekly named was keep an Gujaratdarpan and it merged in 1894 with the ‘ Gujaratmitra
& Gujaratdarpan’. Initially started as a weekly in 1936 the paper was
converted into daily. The spirit of loyalty and missionary zeal
established by it’s founder Dinshaw Ardeshir Talyarkhan was at
it’s zenith during the freedom struggle and has been maintained
even today. Gujaratmitra Regd. No. GSR 06 RNI No. 1597/57.
Gujaratmitra Pvt. Ltd. 8
In 1998, the alliance of the Reshamwala family with
the ‘Gujaratmitra’ completed its 100 years as Shri Uttamrambhai
Reshamwala joined it as sub – editor in the 1898. And a Deeply
concerned about these noble and idealistic policies of the paper
and its future, in 1920, the aging and feeble Parsi owner could
not find anyone more worthy and a devoted than a Shri Uttamram
Reshamwala and urged him to Purchase the press and takeover
the reins of the newspaper. Since then the ‘Gujaratmitra’ belongs to the Reshamwala family. In 1937 Mr. Pravinkant , the younger
son of Shri Uttamram Reshamwala had to take over the reins of
the newspaper at the tender age of 19 years on the suddenly and
untimely the sudden and an untimely demise of his elder brother
Shri Champaklal. With his Strong determination, very Progressive
policies and devoted love towards the ‘Gujaratmitra’, the late Mr.
Shri Pravinkant Reshamwala nurtured the paper to a high sound
footing. After his demise in the ‘Gujaratmitra’ is in the hands
of his son Shri Bharat Reshamwala.
ABOUT ‘GUJARATMITRA’ :- Gujaratmitra, published from Surat, is one of the one
leading dailies of Gujarat. It is the oldest newspaper of this pure
Gujaratmitra Pvt. Ltd. 9
region and one of the oldest in the country. In all these years it
oldest in the country. In all these years it has earned a lot of the
fame not only in south Gujarat but also in the rest of the state
because of it’s reliability and credibility. Its unbiased news and the
unbiased views have been respected by one and all.
With an average daily circulation of around 1,00,000
Copies. It is not merely a newspaper, but has become an precious
institution for the people of south Gujarat where it has penetrated
not only the region but also the minds and hearts of its readers.
LOCATION OF OFFICES, BRANCHES & FACTORIES :-
In Surat, Gujarat Mitra has main office and their other
branches in different cities. There are required at bellow:-
HEAD OFFICE :- Gujarat Mitra & Gujarat Darpan
Gujarat Mitra Bhavan,
Near old Civil Hospital,
Post box no. 297
Surat, Gujarat: 395003
Other is at :- Puna Kumbhariya,
Near Sardar Market.
Gujaratmitra Pvt. Ltd. 10
Language :- Gujarati
Category :- News Paper
Periodically :- Daily
City :- Surat
Contact :- 0261-2478705, 2478702
Fax – 2478700
Branches :- Ahmedabad , Baroda, Mumbai, Bharuch,
Chennai, New Delhi,Calcutta, Banglore, Pune.
AHMEDABAD :- Gujarat Mitra Karyalaya,
16-17 national chambers,
2nd floor, near Deepali cinema,asharam road,
Ahmedabad- 380009.Ph. 079-6589901,
6588914
MUMBAI :- Sujay media service, Gujarat Mitra,
32/rajgir chambers,
4th floor, Old custome house fort, Mumbai-
40023
Ph. 022-22664064, 22661312
BARODA :- Gujarat Mitra karyalaya,1st floor, amardeep
shopping
center,falshruti nagar, Station road,
Bharuch.
Ph. 69591
NEW DELHI :- J. S. Malhotra, A/4, Nabha House,Collage road,
New Delhi- 110001. Ph. 011-23711016,
23710727
Gujaratmitra Pvt. Ltd. 11
CALCUTTA :- Amarjat singh multani, S/1, Bonded road,
Calcutta. 700019. Ph. 033-2808784
CHENNAI :- Mr. P. K. Viswanathan, 79, Shantiniketan
Colony,
Madamparkkam, Chennai- 600079.
Ph. 044-2375088
BANGLORE :- Mr. M. Sathiyavel,
1st floor, 125, kakayappa Layout,
A-cross Nanja Reddy colony,
Marugeshpalaya, Hal road
560017. Ph. 080- 5260811, 5275169
PUNE :- Mr. Narendra Shinde, 759/ 12 A, Gymkhana,
opp.
Lucky Restaurant , Lane, Pune – 411004.
Ph. 020- 370474
They have not any separate factory but in their main offices or
branch they are producing their news paper and than they are
distributing it.
EDITIONS :-
Gujaratmitra Pvt. Ltd. 12
Though, it is published from just one center
Surat. It has separate Baroda edition which is also published from
Surat. The Mumbai edition also printed here at surat.,so there are mainly
this cities edition printed here.
[1]. Surat [2]. Baroda [3]. Mumbai
The surat edition gain has two sub editions i.e. the
city edition and the up country edition. While the Baroda edition has
a two sub edition i.e. the city edition and the north Gujarat edition.
PRICE :-
From Monday to Saturdays ( all editions ) - Rs. 2.00
On Sundays ( all editons ) - Rs. 2.50
These are the cheapest price of the news paper then any other.
Gujaratmitra Pvt. Ltd. 13
Supplementary :-
- Monday :- Satsang.
- Tuesday :- Aas-pas.
- Wednesday :- Darpan Purti.
- Thursday :- Manoranjan.
- Friday :- City Plus.
- Saturday :- Sannari.
- Sunday :- Ravi Purti.
CHRONOLOGY :-
1863 :- Established as Suratmitra.
1864 :- Changed into Gujaratmitra to increase the scope.
1894 :- Gujaratdarpan was amalgamated, so the newspaper began to be
known Gujaratmitra & Gujaratdarpan.
1920 :- Shri Uttamram Reshamwala took over the newspaper.
1936 :- Gujaratmitra become a daily newspaper from a weekly.
1937 :- Shri Pravinkant Reshamwala took over the newspaper as its editor at the age of 19.
1953 :- Gujaratmitra changed to a web fed Rotary Flat – bed machine sheet fed one to be able to offer more no. of pages with
Gujaratmitra Pvt. Ltd. 14
a higher Speed. 1963 :- Gujaratmitra started using a high speed stereo Rotary machine
to cope with the rising print order.
1968 :- New unit added was to the machine, which gave gujaratmitra the capability to give more no. of pages.
1981 :- Gujaratmitra was an imported a converted second hand Di-litho
Machine from U.S.A. to replace the old Letterpress technology.
1983 :- Shri Bharatbhai Reshamwala took over as the editor after the
demise of Shri Pravinkant.
1986 :- Gujaratmitra changed to computerised Photo Type Setting from the conventional Hand – Composing.
1987 :- Gujaratmitra imported its first offset machinary from Germany, made Plamag, Considered to be a state of the an art equipment that could give world Class colour printing.
1990 :- Gujaratmitra become an one of the first daily newspaper in the
country to an introduce the Full - Page maker, which was a Step towards eliminating the the Paste - up.
1991 :- Gujaratmitra brought in a new and high-speed offset machine,
which had more units to Print more no. of pages with higher
colour capability.
1992 :- Gujaratmitra became one of the very few daily newspaper,
Gujaratmitra Pvt. Ltd. 15
which had an in-house colour scanning and separation facility.
1996 :- Gujaratmitra started its Baroda edition by publishing it in the Surat and distributing it in Central Gujarat.
1998 :- Gujaratmitra imported its new first Heat-Set Printing machine, which would give the newspaper capability to print glossy Pages.
2002 :- Gujaratmitra imported its first binding machine, which would give the newspaper, capability to print in magazine format.
2004 :- Gujaratmitra started its Mumbai edition by publishing it in it’s
main branch Surat and distributing it in Mumbai.
2005 :- Gujaratmitra held Educational event for the doubt clearing about
GUJ
CAT.
2007:- An editor of Gujaratmitra awarded by the hand of Narendra modi,
because of good &loyal work in the organization since last 15-17 yrs
ORGANISATION STRUCTURE
Gujaratmitra Pvt. Ltd. 16
Gujaratmitra Pvt. Ltd. 17
Chairman
Managing Director
Directors
General Manager
Production Manager
Personnl Manager
Financial Manager
Account Manager
Export Manager
Marketing Manager
Supervisor Clerk
Officer
Worker Peon
Helper
Officer Import
Clerk
Peon
Peon
JR clerk
Peon
AAO Officer Clerk
Clerk
Peon
Export Officer
Clerk
Peon
Production Structure
Purchase Procedures
Receiving Material Procedure
How the Production Plan is Prepare for sales in Gujaratmitra?
Analysis of Plant Location considering various factors.
Material Handling Process in Gujaratmitra
Inventory Control
Inventory Control Operation in Gujaratmitra
Techniques of ABC Analysis in Gujaratmitra
Gujaratmitra Pvt. Ltd. 18
PRODUCTION STRUCTURE :-
Gujaratmitra Pvt. Ltd. 19
PRODUCTION MANAGER
SUPERVISOR
WORKER
1
ON
MACHINE
1
WORKER
2
ON
MACHINE
2
WORKER
3
ON
MACHINE
3
WORKER
4
ON
MACHINE
4
WORKER
5
ON
MACHINE
5
WORKER
6
ON
MACHINE
6
PURCHASE PROCEDURE :-
Gujaratmitra is very big Organization which is located at Surat. Gujaratmitra is a Printed Press. It’s work is Print the Newspaper and sell in India. So Gujaratmitra has not a lengthy and long purchase procedure. Because the Gujaratmitra not Considered a Purchase Procedure of Raw material. The supplier of the Gujaratmitra Press is fix so the quality or price problem is rarely arises. At that time it has no need for a Serious Procedure. In this organization’s general Manager is give a order on a telephone or by using of fax or by using mail then after the supplier supply the Raw material; to the Gujaratmitra. After some duration a Managing Director pay the money to the Supplier. Then General manager and Production In charge of the company discuss about the raw material and calculate or imagine the stock of Raw material. But after supply of the raw material any mistake done or there is a problematic row material comes then Manager inform the supplier about the Product.
[1]. Need of the Organization :-
Gujaratmitra is a big organization and it make a Newspaper. So it needed to many types of material for these Processes. The Press Gujaratmitra purchase a Paper roll in Kg. And Camlin ink in different colour , Purchase in some quantity of Chemicals and oils for machinery. Manager calculate the need of material and adjust identify the Purchase.
[2]. Identify the potential Supplier :-
In this step Organization find the supplier according to their need. Then contact him and then decide what is right. Then to supplier with a talk by a telephone them and bargaining with them about the Price, Quantity and Quality.
[3]. Select the Supplier :-
Gujaratmitra Pvt. Ltd. 20
Managing Director and a Production Manager select a suitable or appropriate supplier. And choose a supplier should be good and honesty it is essential for the company. And who has provide a Good quality, quantity and Price. It’s a necessary stage because we built a future relation with them.
[4]. Order of Purchase :-
Finally the Director and General Manager of the company put a order according to the company’s need. If Raw materials quality is not good that time it is returned by the General Manager. But Raw materials are goods for Production that time it is continuously order or Purchase.
[5]. Due of Payment :-
Due of Payment means time lag of Payment. If a due of Payment is more days it easy for the company. And it is easily full filled it’s requirement. So due of payment is plays very important role in the organization.
RECEIVING A MATERIAL PROCEDURE :
The Procedure of Receiving a Material is very simple in Gujaratmitra Pvt. Ltd. When a Production Manager gives an order to Supplier of raw material according to need of the company i.e. Raw material mean Paper Roll, Ink for the Production Procedure of the company. The supplier send a material to company by Truck or Tempo. Then Gujaratmitra Press receive a Raw materials. After this Process the worker is put a these Raw materials in the warehouses of Gujaratmitra. But before that A Production manager note down the Material whatever they receive from the Supplier. It is only for Record of receiving a whatever Raw materials.
Gujaratmitra Pvt. Ltd. 21
No : Date :
Sr.No Particulars Qty. Rate Total Rs.
RECEIPTS OF PURCHASE
Signature : _______________________
Gujaratmitra Pvt. Ltd. 22
HOW PRODUCTION PLAN IS PREPARE FOR SALES IN GUJARATMITRA ?
Gujaratmitra is daily publishing around one lack copy of newspaper. Gujaratmitra has to make 100000 papers daily. So first of all the managing director and in charge of the Production Department of the company have to purchase and collect the raw material which is use for making daily newspaper. The list of requirement of raw material is not so much large but some essential raw material is require for the production of the newspaper like as :
PAPER ROLL :-
The main raw material of press is paper roll. Without paper roll newspaper is never published. So first basic requirement of the company is to purchase collect paper roll. Company target is published to 100000 paper daily , so company purchase paper roll according to making 100000 copies of new paper daily.
INK :-
The second main raw material requirement is ink. Without ink the production also never starts. The requirement of ink is very higher. The company use four types of ink like Black, Blue, Red and Yellow. The main requirement of ink is a blank ink. There is two type of ink like old set and hit set. And then sometimes company needed to different colour without above four colours that time machine automatic mixing the colour and make other colour but in the center there is mainly 4 colour use. The company making plan to collect ink from suppliers of ink.
CHEMICALS :-
There are many type of chemical .This chemical is help for protect the paper from the external and some production process schedule. The company purchase the chemical according to the need of the company. And it must be non effective so all member of this department’s members and workers are protect from Chemical.
Gujaratmitra Pvt. Ltd. 23
PLATE FILMS ( STEEL) :-
This is the internal requirement of company which develop according the need of the Gujaratmitra. The Gujaratmitra daily published 100000 copies, so head of production department adjust the production from the volume of sales and then assume the raw material requirement. Firstly on the plate film, there are printing a news which news they want to print ,then after this plate is adjusted in the machine and the picture and news are printed. If it is printed by colour or black but its arrangement is on plate films.
ANALYSIS OF PLANT LOCATION CONSIDERING VARIOUS FACTORS :-
Plant location of Gujaratmitra had been established by Reshamwala who is director of the company in 1863 at Surat. So it is very difficulty to know the factor considering plan location. But from the view point of General manager of Gujaratmitra, the factor that affecting the plant lay out is as follows :
[1]. PRODUCT:-
Gujaratmitra is a daily newspaper. So the newspaper published routine. Everyday company print 90000 to 100000 of newspapers. So it is huge product for the company. So Gujaratmitra chooses a product lay out. And now it is very successful company in the newspaper.
[2]. GOVERNMENT RULES AND REGULATION:-
There are some government rules which honestly adopted by Gujaratmitra which are as follows. Company has a good freshening facility in the factory, safety provision in the factory for their workers. In every organization government rules are adopt to every Organisation.
[3]. FACILITY FOR MALE & FEMALE EMPLOYEES:-
Gujaratmitra Pvt. Ltd. 24
Gujaratmitra also focus male and female facility like Sitting room, offices , Cabin etc are separately created in the for male and female. In Gujaratmitra many workers that is Male and female are working in the organization. And other facilities is given very good comparatively other company.
[4]. GENEREAL FACTOR:-
In Gujaratmitra, huge and heavy machines are at a ground floor, means the production department is at a ground floor. And advertisement, circulation and administration department are on the middle or top floor. And that is created like as big or modern offices and in this other facilities are good in the company. And the warehouses of the company are also on the middle floor.There is a arrangement of elevator for uplift the row material or finished goods.
[5]. TYPES OF MACHINE OR EQUIPEMENT :-
In Gujaratmitra Many Machines are Located but at plant are locate there are safety are require. And also see that which type of machine are there so how they work on machine and other equipment also seeing because it’s a part of the Production Department. Because many workers are working on the Machine and also we know how much Space are required and enough to locate machine and other equipment.
(A) TOSHIBA
Gujaratmitra Pvt. Ltd. 25
In Gujaratmitra the Machine of TOSHIBA is very big and a company need to more space for this machine in this organization. The Toshiba have large production Capacity, so the company use this machine for the news paper’s title production, the Toshiba have 40,000 to 45,000 printing capacity to production per hour. And at that time it is very easy work for the company. The Toshiba machine has import from the Japan, since 2000 - 2001. A company start production at the 12:30 still two hour. The production start like this, first the computer operators are make the computerized plate films on the bases of news and color which they want and this plate input in the machine and also set the paper roll in the machine. After sometimes. This machine is operated by technician who has fully known about the machine. This machine handles by the ten to twelve workers very carefully.
Gujaratmitra Pvt. Ltd. 26
(B) FAST – 300 Machine.
It is another important machine in GUJARATMITRA. And it is not
require more space in the organization. The Fast 300 machine have a
medium capacity of the production, it have 40,000 to 45,000 capacity of
production, so the company use it for the supplementary production. The
supplementary production started to two or three day before, for e. g
Monday’s supplementary produce before two days. The supplementary plant
is near Magob in Bhagyoday industries, Near Puna jakatnaka,surat.
(C) FOLDER MACHINE :
Gujaratmitra Pvt. Ltd. 27
The Gujaratmitra have one folder machine, for the folder the extra page. It is very small machine and not a require a more space. This machine is not only folder but also binding the product. And one more benefit of that is in this procedure very few workers are require in the organization.
(D) COROSET MACHINE : A coroset is use for the supplementary production, the coroset
have 35,000 to 40,000 production capacity and coroset is use for color
print and color picture in the news paper but it’s more uses in the
supplementary.. The process of the production is like same as the Toshiba
machine, in the Coroset input the raw material of the paper and start the
production. Here in this machine daily news also printed at the mid night .
MATERIAL HANDLING SYSTEM IN GUJARATMITRA :-
Definition :-
Gujaratmitra Pvt. Ltd. 28
Material Handling is defined as controlled movement of material, from receipts, through storage and production and upto the shipment of finished product. And it is concerned with the internal movement of Material.
Difference Between Material Handling & Logistics :-
Material handling equipment in concerned with the Internal movement of the Material. Whereas logistic is the discipline which is concerned with external movement of material from supplier and supply of finishing product to the department , branches or the customer are the subject covered by logistic.
FUNCTION OF MATERIAL HANDLING SYSTEM:
[1]. Storage and Preservation :-
Storage means Keeping physical custody of Material, Where as Preservation means quality or quantity of stored material intact. There are many functions in store area like receipts of raw material from supplier, quality checking of raw material, rejection of raw material, stock accounting functions, issue of raw material, spare Parts and consumable, stationary items to various user department. It is therefore necessary sometimes to make internal movement of material even in the store.
[2]. Transportation :-
To facilitate production, raw material has to travel across various departments and has to be processed a different work station. This become the major and the most important function of Material Handling
TYPES AND A CLASSIFICATION OF THE MATERIAL HANDLING EQUIPMENT :-
Gujaratmitra Pvt. Ltd. 29
Meaning :-
Material handling equipment is a control on a material through storage and transportation. Because in this process its uses are more in the Organisation.
Gujaratmitra is a press, so Gujaratmitra does not produce higher weightage product. So this is not using heavy material handling equipment like cranes, elevator, pipeline, robots, and other equipment. . But stand are available for put and take the Printed Newspaper. So work are very fastly at time in that Place.
Gujaratmitra has a six product machine and one folding machine at a ground floor at Main office which is locate at Surat. So there is no need to internal transportation. Generally most of material handling activity is done by manpower. So there is no need of other material handling equipment in production department. Only conveyer belt is use as a material handling equipment. But when a general manager orders the raw material, the raw material supplier by trucks, tempo or any other vehicle. When raw material is turn into finished goods it supply to customer as a same way. In this six machine all Machine are working for Print and completed the Newspaper so condition of these machine are fightable.
Gujaratmitra Pvt. Ltd. 30
STORE AND SPARES
For the purpose of Store and Spare Raw Materials, Special facilites are established in Gujarat Mitra as shown below….
( Storage Of Black & Colour Printing Ink)
( Storage of Paper rolls)
Gujaratmitra Pvt. Ltd. 31
MAINTENANCE PLANNING SYSTEM:-
There is a need of servicing and maintenance for the various capital assets of the company. It is impossible to carryout production activity when machine required and maintenance. In that sense maintence is an unproductive activity. If proper planning is not done in this activity, it creates very heavy production loss. There are two approaches of maintence planning system.
Preventing planning
Corrective planning
PREVENTING PLANNING :-
In preventing planning, maintenance programme of various machines is determine in a way that maintence activity is generally done in holiday or on demand of the product manufactured by the company is less.
CORRECTIVE PLANNING :-
The corrective maintence planning is the result of some wrong signals given by machineries such as reduction in output, high power consumption, decline in quality etc. This approach is not a scientific. In preventing maintence the maintence staff trying to prevent break down of machine that is why it is called preventive maintenance following steps are as under. So company must care about the machinery in the company because this is companies responsibilities. So protect the Maintenance expenses at time run following steps :
To make a schedule or table for machine number, day, date.
To Check the outside Part of the Machine.
Gujaratmitra Pvt. Ltd. 32
To Check the oil level, belt and guide ways.
To Check the setting of the all Machine.
To Control the machine & other equipment when it is running
At the time of continuous process.
To See the any accident are happening at the time of Process.
To inspect the Machinery and other Parts.
INVENTORY CONTROL :-
Inventory mgt. is the most important point in the any company because inventory mgt. means blockage of money so how to manage the inventory its important thing or matter. How much quantity require & when new order placed so our daily production system does not damage or become unbalanced. If in any company inventory mgt. is not proper, it directly affect the production system & alternate it affect the customer demand.
INVENTORY CONTROL OPERATION IN GUJARATMITRA :
GUJARATMITRA being a process industry holding those items having substantial value is need to apply scientific methods of inventory control. We are require a items for daily uses. The items thus identified are review periodically to find out the consumption. So that average level are fixed reviewed. Whole inventories are classified into three groups. The classification is based on the annual consumption value. The groups of classification are as under based
ABC Analysis.
Gujaratmitra Pvt. Ltd. 33
ABC Analysis for Inventory Control :
ABC analysis is based on the requirement of items. The ABC analysis is divided into three category i.e. ‘A’ , ‘B, and ‘C’ Category.
In category ‘A’ include total items account for major portion or % of the total consumption value which require a high degree of control.
In category ‘C’ include a large % of total consumption of value require least control. In between these items are % of items which are equal of consumption of ‘B’ items.
In the Gujaratmitra Press, they produce only one product that is newspaper. So company classifies their material as per the ABC analysis.
TECHNIQUES OF ABC ANALYSIS IN GUJARATMITRA:
The techniques of classifying the items into A, B & C categories described as following :
Category Material
A Paper roll and ink.B Color ink.C Chemical.
The analysis of the material as per their consumption value in percentage.
ITEMS % IN TOTAL ITEMS % IN CONS. VALUE
A 70 % 80 %B 20 % 15 %
Gujaratmitra Pvt. Ltd. 34
C 10 % 05 %
TECHNIQUES OF ABC ANALYSIS :
The techniques of classifying the items into A, B & C categories described in the following steps :
Classify the items of inventories, determining the expected use in units and the price per unit for each item.
Determining the total value of each item by multiplying the
expected units by its unit price.
Rank the items in accordance with the total value, giving first
rank to the items with highest total value and so on
Compute the percentage of number of units of each items to
total units of all items and the percentage to total of each items
to total value of all items.
Combine items on the basis of their relative value to form three Categories A , B and C .
DAILY PRODUCTION PROCESS:
Gujaratmitra Pvt. Ltd. 35
Here at surat location there is published all the
edition. Gujratmitra mainly published 3 editions
- Surat edition
- Baroda edition
- Mumbai edition
So here problem is create how to manage production
process. So as a solution Gujaratmitra produce its edition
accorading to a distance wise because which distance is far
away ,given to the first preference for printing. So here at
gujratmitra starts printing from the Mumbai edition, thenafter
Baroda &lastly they printed Surat edition.
So this way they are manage the production system.
Gujaratmitra Pvt. Ltd. 36
Introduction
Marketing Concept
Advertising
Distribution Channel
Types of Distribution Channel
Gujaratmitra Pvt. Ltd. 37
INTRODUCTION :-
Marketing is usually seen as the task of creating, Promoting and delivering goods and services to consumers and Businesses. Marketers are skilled in stimulating demand for a company’s products, but this is too limited a view of the tasks Marketers perform. Just as a Production and logistic professional are responsible for supply Management, Marketers are responsible for demand Management. Marketing managers seeks the level, timing, and composition of demand to meet the orgazanization’s objective. Marketing people are involved in marketing 10 types of entities: Goods, services, experience, events, persons, places, properties, organizations, information, and ideas.
THE MARKETING CONCEPT :-
The Marketing concept emerged in the mid-1950s and challenged the proceeding concepts. Instead of a product- centered, “make-and-sell” philosophy, we shift to a customer – centered, “sense-and-respond” philosophy. Instead of “hunting”, marketing is “gardening”. The Marketing concept holds that the key to achieving its organizational goals consist of the company being more effective than competitors in creating, delivering, and communicating superior customer value to its chosen target markets.
- The Marketing Concepts rests on four pillars:- - (I) Target market - (ii) Customer Need - (iii) Integrate marketing
- (iv) Profitability
[1]. Sales force Training :- Organisation has a Permanent employee. So Company recruit more employee. But recruit an employee for short term /
Gujaratmitra Pvt. Ltd. 38
Long term. And when company recruit new employee at time Senior member of the organization give a training to an new recruiters. Training involves change in attitude, behaviour, knowledge, skills.
[2]. Record of Customer base :- It is depend on Subscriber and agent. Subscriber collect a premium for how long time and note down an address of daily customer. And agent note down a record a number of a copy, rupees, remaining premium.
[3]. System approaching customer :- It is given by a gift, lucky draw, give a better quality paper, better satisfaction, give an exciting news, attack a customer by the colour picture and big front on the first page. And also which information it is not boring for a reading. Also provide a Supplymentry ( Purti ) and it should be interested.
[4]. Area :- Gujaratmitra covers a wide area of Gujarat and its main or other district, city, village and also covers a other area. But a main city like as a main branch office at a Surat but also provide in Baroda & Mumbai
[5]. Follow up System :- It’s networking or channels of distribution is mention here. office to agent, agent to whole sellers, whole sellers to retailer and then customer so agent , whole sellers , retailer , customer are involves in this process. Gujaratmitra sells a 90,000 to 1,00,000 copies per day. In last two years it’s selling raises 25% to 30%. But it’s target is selling a more and more copies in future.
Gujaratmitra Pvt. Ltd. 39
ORGANIZATION STRUCTURE OF THE MARKETING DEPARTMENT
Gujaratmitra Pvt. Ltd. 40
CHAIR MAN
MANAGING DIRECTOR
DIRECTORS
GENERAL SALES MANAGER
BRANCH MANAGER
SURAT MANAGER
AHMEDABAD
MANAGER
BARODA MANAGER
DELHI MANAGER
CALCUTTA
MANAGER
PUNE MANAGER
MARKETING MANAGER
AGENT
SALES MANAGER
SALERS
VENDORS
Advertising :-
- Basic Advertising Rate:-
In Gujaratmitra Per Page eight column is come mean that per page is divided into eight column. So advertisement rate is differentiate on different page and it’s basic rate is given below.
- Basic rate per column 1 c.m Rs.425
- 100 % extra means charges will double it is Rs.850
- 50 % extra for last (back) page
- on special page 25 % extra and then 25 % extra on special place on special page.
- For colour print charges will 100% extra for color head.
- For “Tachukadi jaherkhabar” :- ( Vacancies ) On this pagePer letter Rs.2 For Gujarati language and for running
Matter it’s Rs.1 Per letter and other language charges will double.
- For any other Advertisement like as Besanu, Avssan, Sradhdhanjali, Prathnasabha means after death processes the charges will Rs.80 Per column per c.m. upto 10 c.m. on last page 50 % charges will be extra. But it mean that Charge is Rs.1200.
- Advertisement is comes by Agent, centres and direct Office and then printing press is given commission to
Agent & Hawkers.
- By advertising one thing is possible that is Suppose selling may raises and thing is more and more sales of company’s Product.
Gujaratmitra Pvt. Ltd. 41
- More selling by the Public survey so we know that the Customer has prefer which type of product they like
and also attracted by new schemes and Guaranteed Gift but do not give any Guaranteed gift again its competitors even there is no problem face Gujratmitra like sales become decrease.
Distribution Channel :-
Distribution channel can be defined as a set of interdependent institutions participating in the marketing activities involved in the flow of goods or services form the manufacturer to consumer.
---: Gujaratmitra considered as channel components are :---
a.) All merchant middleman such as whole sellers and retailers.
b.) All agent middleman such as commission agents and brokers.
c.) All other facility agencies e.g. Advertising agencies.
Channel of distribution in Gujaratmitra are as following :
Gujaratmitra Pvt. Ltd. 42
GUJARATMITRA Press
Agent
Hawkers
Local
Types of Distribution Channel :-
[1]. Company - Agents :-
In Gujaratmitra the news paper are Printed by information that is get on the whole day. A reporter collected information on different – different Places and give at main centers. It may be any way that is by telephone, fax, mail and local reporter gives information directly at the office. And at a night all information are printed on paper and early morning it will be distributed at a night the few news papers are distributed because it is distribute at different – different places like as the district if Surat and other places or villages. Now it is send to Mumbai and main edition at Surat, Baroda and Mumbai. And channel is after printing process News papers are sends at a Gujaratmitar’s centers and then distributed at other sides.
[2]. Agents – Hawkers:-
When news papers are came to agents then after the whole news paper are distributed to Hawkers and then Hawkers are distributed to local customer. These process are continue for daily. And it is very easy for customer no grievances are not come at any time. And customer are easily get the news paper at early morning.
[3]. Hawkers – local Customer :- When hawkers are get the news papers then they are distributed to local customer. And it is best way to get copies of news paper very easily. And these channels are very important for local customer because to given copies to customer it is responsibility of hawkers. So we can says that it is very important channels of distribution.
THIS ALL ARE THE EARLY MORNING ACTIVITIES
Gujaratmitra Pvt. Ltd. 43
Organization Human Resource Management Department
Recruitment And Selection Process
Promotion, Demotion & Increment Policies
Trainning And Development
Office Time
Wages and Salaries
Objective of Wages and Salaries Administration and their Administration
Gujaratmitra Pvt. Ltd. 44
Organization Human Resource Management Department :
RECRUITMENT AND SELECTION PROCESS:-
RECRUITMENT:
PROCESS OF RECRUITMENT:
1. Recruitment planning :-
Gujaratmitra Pvt. Ltd. 45
Personnel Manager
Clerk
Peon
TechnicalSession
Workers
In Gujarat Mitra, first of all it will decided that how many numbers
of Personnel are to be needed.
What type of personnel is contacted?
Sometimes they demand for managers, supervisors, helpers,
informers, news reporters, engineers etc.
Therefore types and skilled of personnel required in their
organization.
2. Strategy development :-
After deciding the planning for recruitment they decide the order from where they will get their employees.
They will get their professionals, regional or local for technical workers and local market for blue collar employee.
How to look:-
Internal recruitment:-
External recruitment:-
Internal recruitment:-
Present employees
Employees referred
Former employees
Previous applicants
External recruitment:-.
Professional association
Advertisement
Employment exchanges
Campus recruitment
Walk ins, Wright ins, talk ins
Gujaratmitra Pvt. Ltd. 46
Consultants
Radio & television
Competitors
Acquisition & mergers
When to look:-
They have start finding the employees before two months ago
from their required time.
They have to decide some days for different type of qualities
like for:
Invitation for interview issued.
Arranging the interviews
Organization can make up its mind
Applicant offered jobs to makeup their minds
Accepting offers to report for work.
These all are suggest that vacancies must be advertised two months before they expected to occur.
3. Screening :-
In this step they screen the employees, whether they are capable
to do the job or not.
From this step they remove many applicants from recruitment
process.
4. Evaluation and control:-
In this step they decide about Salary for recruiters
Mgt & professional time spent
Gujaratmitra Pvt. Ltd. 47
Administrative exp
PROCESS OF SELECTION:-
Primary interview:- In this interview the general question is asked and checks the
capabilities of the applicant.
Objective of this step is to select good applicants for the test.
Selection test:- Jobbers who pass the preliminary interview are called for
selection tests.
Different type of tests may be administrated depending on the
job and company.
Generally tests are used to determined the applicant’s ability,
attitude & personality.
Employment interview:- In regarding the particular job and general knowledge questions
are asked to the applicants.
The objective of the interviews is to obtain additional
information from the applicant.
To give general information to applicants such as company’s
policies, job, products manufactured and the like and to build
the company’s image among the applicants.
Reference & back ground checks:- In Gujaratmitra after taking the interview they have to checked
reference & background of the applicant.
Gujaratmitra Pvt. Ltd. 48
They checked out by letters of reference or telephone reference.
Selection decision:-
After search information through the preceding steps,
selection decision is made in Gujarat Mitra.
The final decision has to be made from the pool of
individual who pass the tests, interviews and reference
checks.
HR manager plays a crucial role in the final decision.
Job offer:-
Job offer is given to those applicants who have crossed all
the previous hurdles.
Contracts of employment:-Generally the information given to the new employees are as follows:
Job title
Duties
Rate of pays
Hours of working
Work rules
Therefore in Gujarat Mitra have to provide good personnel staff.
Gujaratmitra Pvt. Ltd. 49
PROMOTION, DEMOTION & INCREMENT POLICIES
PURPOSE OF PROMOTION IN GUJARAT MITRA PVT LTD. :- To put the workers in position where he will be of greater value
to the company and where he get increases in their personnel
satisfaction and income from his work.
To increase an employee’s organizational effectiveness.
To recognized individual’s performance reward from his work.
To proved skills training and ability.
To attract competitive and suitable workers.
In Gujarat Mitra there are provide promotion for their workers
and employees.
They can get promotion if they are doing good work with their
skills.
DEMOTION:- In Gujarat Mitra there are also required the demotion program.
In their organization who are not doing efficiently work there
are get demotion from company.
It is the apposite of promotion.
There are also cut employees salary in demotion.
It is not attract to competitors and employees are not proved
their self because of their lazy skills.
Gujaratmitra Pvt. Ltd. 50
INCREMENT POLICIES:-
In Gujarat Mitra there are increase especially in money paid as
salary for their employees.
It is based on employee’s promotion and demotion.
The individual who get the promotion they are get more salary
from organization. And apposite the individual who get
demotion they are not get as well as added salary but they loose
their salary.
The policies are decide by their personnel manager and
chairman.
TRAINNING AND
DEVELOPMENT
Training:- Gujarat Mitra provides the training for the employees
who are weak in their work
They are help to employees for improve their self and gave
job satisfactory.
They have to designed typically method for training in short
term and stated purposes.
Training given by technically so some non managerial
personnel can improve their self.
Their main purpose of training is to specific job related
skills.
There are also given training to the existing employees.
Gujaratmitra Pvt. Ltd. 51
Gujarat Mitra organization known the importance of
training so they invest their money in the training program
because they know that they ill get desired result in future
from this training.
With views the company sends their employees outside for
training.
Likewise how get the news from city and how broadcast the
news.
Some employees are take training from inside of production
department, some are from marketing department.
Development:- Gujarat Mitra also provides development of employees with
high skills and knowledge.
They are providing philosophy and theoretical knowledge
for general purpose.
The manager designs those purposes.
In their development system involved preparing the
individual for future job and growth of the individual in all
respects.
Training & development at Gujaratmitra pvt ltd.:- Training & development is one of the tool in personnel
department. They are arranging the training program to
develop the human resource in the organization.
These activities which improve the job performance but also
those which bring out the growth of the personality.
So in their organization they have to provide training with
high educational skills and developed their performance.
Gujaratmitra Pvt. Ltd. 52
INDUCTION TRAINNING :-
In Gujarat Mitra has to provide the induction training in their organization. it is consist of following things:
Brief history and operation of the company
Products and services
Organization’s structure
Location of departments
Policies & procedures
Rules, regulation and quality of work
Safety measures
Terms and condition of service including wage, working hours,
overtime and holiday.
Suggestion schemes.
Benefit and services for employees
Above all the orientation are consist for employees to help them during general induction information is also given on specific employees such as pensions, health and welfare facilities and safety etc.
♦ OFFICE TIME: -
♦ PTS Department: SHIFT TIME Day 09.00 a.m. 5.00 p.m. Night 05.00 a.m. to 1.00 p.m.
♦ Editorial Department: Day 11.00 a.m. to 7.00 p.m.
Night 7.00 p.m. to 1.00 a.m.
Gujaratmitra Pvt. Ltd. 53
♦ Advertise Department: Day 10.00a.m. to 6.00 p.m. Night 6.00 a.m. to 12.00
♦ Production Department: Day 10.00 p.m. to 6.00 a.m. Night 07.00 a.m. t0 3.00 p.m.
(No shift on {6.00 a.m. to 7.00 a.m.},23 hours working)
Time keeping means to rate the time on which employee comes on the services and keep records of attendance and this records will be send to Accounts Department so time keeping office plays an important role in payments of salary by keeping systematic records of workers.
Working Condition:
For any organization providing better Working Facilities increases employee’s efficiency and morale. Each and every business Firm try to change Working Environment time to time 'Gujaratmitra' is also not behind in this scenario they recently change their administrative office climate. Their make over is seems in below,
(Till May- 2006)
Gujaratmitra Pvt. Ltd. 54
(From June-2006)
WAGE & SALARY ADMINISTRATION
One of the biggest factor affecting to organization is the wage
and salary administration. In every organization wage or salary
are paid by organization to the employees for their work per
day, week or month. Therefore it is influences to the vitally
growth and profitability.
Wage or salary have significant influences their distribution of
income, consumption, savings, employment and their prices are
fixed in the market.
There are paid salary and wage about their position of the job
likewise manager have to more salary than the peon or workers.
In Gujarat Mitra, they have to pay up wage or salary per month.
Gujaratmitra Pvt. Ltd. 55
Objectives of wage and salary administration in Gujaratmitra
To attract competent personnel:- There are attract to qualified and hard working people
reasonable payment for their work for all jobs which are
required.
To retain the present employees:- In Gujarat Mitra there are paying at comparison level and
company can retain its personnel.
To improve productivity:- There are also provide to improve the productivity in their
organization it also help to motive to the employees.
To control the costs:- They are decide through wage and salary administration
costs can be kept in the ability of the company to pay.
There are also provide to improve the union management relation.They are also improve public image of the company .
Methods of wage payment:-
Time wage system:-
In Gujarat Mitra time spent on the job for wage .
Minimum payment provide for every worker.
Wages are not directly linked in productivity.
Piece wage system is not provide in this organization because production is based on machineries.
Gujaratmitra Pvt. Ltd. 56
Organization’s Chart For Finance Department
Introduction
About Financial management
Inventory Management
Gujaratmitra Pvt. Ltd. 57
ORGANIZATION’S CHART FOR FINANCE DEPARTMENT :
The Finance and Account Department of GUJARATMITRA PVT. LTD. is located in the main office, which is situated first floor of the main office’s building. The Finance and Account Department is service department. The Finance and Account Department maintains the Finance and Account records as required under various law and get the same audited by legal Auditors under the functional supervision and guidance of GUJARATMITRA main office at SURAT. The chart is Finance Manager - Chartered Accountants - Assistance.
ABOUT FINANCIAL MANAGEMENT :-
Gujaratmitra Pvt. Ltd. 58
DIRECTOR
Finance Manager
Billing General a/c Cashier Store Purchase
A/C Manager
In Charge In Charge In Charge In Charge In Charge
JR CR
Assistant
Assistant
JR CR
JR CR
Financial Management is study about the process of procuring of financial resources. But in business how much finance is require and From where it Comes ? which is its resources and How to maintain finance in Business. It is depend on finance manager and management of company. So finance is require for any business and must consider to when capital is going. Because it is must be effective utilization of money in the Business. In Business every Organization’s goal is to earn more and more Profit. And also financial management is concerned with the managerial decision. So, Finance Manager’s role is very important in the Organization and effective.. And it is also Concerned with the use of an important economic resources and Capital Funds. Definition :- “ Financial management is concerned mainly with
such matter as how a business corporation raises it’s finance and how it makes uses of it. ”
“ Financial management is concerned mainly with such matter as how a business corporation raises it’s finance and how it makes uses of it. ”
Gujaratmitra Pvt. Ltd. 59
INTRODUCTION OF FINANCIAL AND
ACCOUNTING
The importance of the Finance in the business is same as the
importance of spring in the clock. Finance is required from the starting
of the business until it’s terminal as the means of the Business
Transaction.
Finance is the blood of the Organization. So, every organization
needs Financial department because without Finance, the company
can not established and work. Generally financial accounting is used
for external uses, share holders, creditors, governments etc.
“Finance is that administrative area or set of administration
function in an organization which related the arrangement of cash and
credit so that organization may have the means to carry out its
objective as satisfactory as possible.”
Financial management is the concern with the managerial
decision that the results in acquisitions and financing of long term and
short term credit of the firm.
Financial management is the managerial activity which is
concern with planning and controlling of the firm financial resources.
Financial Accounting also involve the analysis and interpretation
of A/C. Ratio Analysis is the part of Financial A/C. Financial Accounting
accomplished a final A/C with use of historical data. It focuses on
results or whole organization and it’s P&L.
P&L and Balance Sheet are prepared for yearly, half yearly,
quarter yearly. Gujarat Mitra also provide Financial Accounting for
Gujaratmitra Pvt. Ltd. 60
record their data. And also provide all the things which are related
with Finance.
COSTING METHODS
The methods and types of Costing is refer to the process of
costing. Several methods have been designed to suit the needs of
different industries. The methods of Costing to be applied in a
particular concern depends upon the type and nature of industry.
There are two type of methods of costing. Job costing and
process costing.
In Gujarat Mitra press, there are only one method is used in their
Organization. That is Job Order Costing. In this method they are applies
where work is undertaken to customers.
COST STRUCTURE :-
In Gujarat Mitra various costs are required for different
departments.
In this cost there are specific calculating the cost centers and it is
shown in different accounts.
They consider marketing department so its expenses are
available in the marketing cost structure.
They are paid salary to the employees, workers who are working
in their different department and these all the record are
available in particular department. Therefore the departments
salary called as total salary.
Each cost center head a limit to pay up approve a cost.
Gujaratmitra Pvt. Ltd. 61
In Gujarat Mitra if any department’s cost is going high , it is
provide to maintain this cost.
The cost structure is given below:-
COST STRUCTURE
PARTICULARS Marketing Dep Finance Dep Purchase Dep
Salary 1,80,000 1,75,000 2,25,000
Telephone 1,55,000 1,30,000 1,50,000
Training 80,000 30,000 55,000
Insurance 2,00,000 3,50,000 2,00,000
Stationary & printing 3,50,000 4,00,000 2,00,000
Traveling 2,00,000 1,50,000 1,30,000
COSTING SHEETS AND CLASSIFICATION OF COSTS IN DIFFERENT CATEGORIES
particulars Total cost Rs.
Cost per unit Rs.
Opening stock of direct raw materialsAdd : purchasesAdd : carriage inward
Less : closing stock of raw material Cost of direct raw material consumed Prime costAdd : works or factory overheads Indirect material Indirect wages Fuel and power Insurance Factory lighting Supervision Works stationary Repairs Works salary Depreciation on machinery
Gujaratmitra Pvt. Ltd. 62
Works expenses Works telephone expensesLess : sale of scrap Add : operating stock work in processLess : closing stock of working process Works cost Add : office salaries Director’s fees Office printing and stationary Legal charges Cost of productionAdd : opening stock of finished goods Closing stock of finished goods Cost of goods soldAdd : advertising Bad debts Sales man’s salary Carriage outwards Commission of sales agent Traveling exp Collecting exp Sales manager’s salary Expense of sales branches Cost of sales or total cost profit sales
Gujaratmitra Pvt. Ltd. 63
WORKING CAPITAL MANAGEMENT
Meaning of Working Capital :-
Generally , term Working Capital refers to that part of capital
which is not field up in the fixed assets but is used to meet the day
to day requirements. It is invested current assets like cash, stock, bills
receivable, debtors, etc. this type of capital is used to make payments
for purchases raw materials, wages and to meet other expenses till
goods are sold and money collected against it.
CYCLE OF WORKING CAPITAL IN GUJARAT MITRA :-
Need for Working Capital :-
In Gujarat Mitra they are doing successful sales program.
They are convert cash in to inventory.
Convert inventory in to receivables.
And receivables are convert in t cash.
Gujaratmitra Pvt. Ltd. 64
Debtors
Sales
Finished Goods
Work in Process
Raw Material
Cash
Kinds of Working Capital in Gujarat Mitra:-
Permanent or fixed working capital
Temporary and variable working capital
Cash working capital
Balance sheet working capital.
RATIO ANALYSIS :-
Financial Analysis is the process of identifying the process of identifying the financial strengths and weaknesses the firm by properly establishing relationship between the items of the balance sheet and profit and loss account. In Financial Analysis a Ratio is used or an index or yard stick for evaluating the financial position and performance of a firm. The relationship between two accounting figure expressed mathematically is known as financial ratio. To measure the profitability of any firm it is necessary to know the profitability ratios of that firm. The different profitability ratiosof that firm. The different profitability ratios for “ GUJARATMITRA ” are given as under :-
METHODS OF RATIO ANALYSIS :-
[1] CURRENT RATIO :-
CURRENT ASSETS
= -------------------------------- CURRENT LIABILITIES
50,30,015
= -------------- 54,13,585
=
Gujaratmitra Pvt. Ltd. 65
0.93 : 1
[2] LIQUID RATIO / ACID TEST RATIO :-
CURRENT ASSETS - STOCK
= ------------------------------------- CURRENT LIABILITIES – B.O.D.
50,30,015 – 35,27,690
= ----------------------------- 54,13,585 – 000
= [3] PROPRIETORS RATIO :-
PROPRIETORS FUND – FICTITIOUS ASSETS
= -------------------------------------------------------- TOTAL ASSETS – FICTITIOUS ASSETS
75, 44,282 -335160
= -------------------------- 7, 60, 31,092 - 335160
=
[4] DEBTOR’S RATIO :-
DEBTOR + BILLS RECEIVABLE
= ------------------------------------- × 365 TOTAL CREDIT SALES
12, 65,000
= -------------------- × 365 7, 96, 78,350
=
Gujaratmitra Pvt. Ltd. 66
0.28 : 1
0.095: 1
6 DAYS
[5] DEBT EQUITY RATIO :-
LONG TERM LIABILITIES
= -------------------------------- OWNER’S FUND
3,52,08,635
= ------------------ 75,44,282
=
[6] DEBTORS TURNOVER RATIO :- SUNDRY DEBTORS + BILLS RECEIVEABLE
= ------------------------------------------------------ × 365 NET CREDIT SALES 12, 65,000
= ----------------- × 365 7, 96, 78,350
=
[7] CREDITORS TURNOVER RATIO :-
CREDITOR’S + BILLS PAYABLE
= ------------------------------------ AVERAGE CREDIT PURCHASE
52, 47,750
= ------------------ 3, 52, 18,640
=
Gujaratmitra Pvt. Ltd. 67
4.67 : 1
6 DAYS
54 DAYS
[8] STOCK TURN OVER RATIO :-
COST OF GOOD SOLD [C.O.G.S]
= -------------------------------------- AVERAGE INVENTORY 3, 52, 18,950
= ------------------ 35, 27,845
=
[9] TOTAL ASSETS TURN OVER RATIO :-
TOTAL ASSETS
= --------------------------------------------- TOTAL ASSETS – FICTITIOUS ASSETS
7,96,78,350 = -------------------------------
7,6031,092 – 3,35,160
=
[10] GROSS PROFIT RATIO :-
GROSS PROFIT
= ---------------------------- × 100 SALES
1, 96, 57, 980
= --------------------- × 100 7, 96, 78,350
=
Gujaratmitra Pvt. Ltd. 68
10 DAYS
1.05
24.67
T rading Account Gujarat Mitra Pvt. Ltd. For the year ending 2006-2007
Debit Credit
Particulars Amount in Rs.
Particular Amount in
Opening Stock 35,28,000 By Sales 7,96,78,3
0
Gujaratmitra Pvt. Ltd. 69
Purchase 3,52,18,60
Octroi 24,37,640
Freight & Transport
5,40,680
Wages Exp.
1,90,65,30Staff welfare Exp. 27,57,800
Closing StockGross Profit ***
1,96,57,90
TOTAL 8,32,06,00
TOTAL 8,32,06,00
Gujaratmitra Pvt. Ltd. 70
Profit & Loss Account of Gujarat Mitra pvt. Ltd.For the year ending 2006-07.
Particulars Amount (Rs)
Particulars Amount (Rs)
TO BY
Salary 12,73,560 Gross profit *** 1,96,57,980
Electricity power expenses 18,51,745 Advertise income 1,23,85,500
News print consumption 2,45,690
Miscellaneous expenses 3,35,160
Assurance premium 5,21,340
Telephone expenses 6,80,250
Traveling expenses 14,65,920
Vehicle (petrol & diesel) 7,42,585
Bonus expenses 10,35,000
Fax & mail expenses 62,665
Legal fees 2,50,000
Office expenses 7,52,682
Audit fees 51,000
Dep. machinery & vehicle 89,06,350
Bank loan interest 15,73,278
Repair & service expenses 1,12,310
Registration & subsc. fee 1,20,685
Machinery & tools repairs 1,20,168
Tea & break fast expenses 8,85,230
Director’s salary 3,60,000
Commission expenses 31,23,580
Net profit during the year 75,44,282
TOTAL
3,20,43,480
TOTAL
3,20,43,480
Gujaratmitra Pvt. Ltd. 71
Balance Sheet of Gujara Mitra pvt Ltd.
As on 31-03-2007
Liabilities Amount
Assets Amount
Owner ‘capital 3,50,96,72
Furniture &Fixture
47,91,846
Loans & Advances 3,52,08,65
Plant & Machinery
4,88,91,875
Sundry Creditors 52,47,750
Constructed Property
1,10,09,101
Payable Duties &Taxes
3,12,110
Elect. Installation 24,85,230
Unpaid 1,65,835
Computer Systems
96,285
Deposit 24,41,290
Sundry debtors 12,65,000
TATA 407 Vehicle 12,85,450
Bank A/c. 1,83,528
Stock-In-Trade 35,27,690
Cash on Hand 53,797
Total 7,60,31,
092
Total 7,60,31,
092
Note:- All these figures are not exact figures of Gujarat Mitra pvt.ltd. they are given for understanding of Finance.
Gujaratmitra Pvt. Ltd. 72
SWOT Analysis
o Strengths
o Weaknesses
o Opportunities
o Threats
Conclusion and Suggestion
Gujaratmitra Pvt. Ltd. 73
SWOT ANALYSIS
[1]. Strengths :-
Gujaratmitra is making enormous profit year continuously and
has earned very good reputation in the market, which is good for company’s long time survival.
Gujaratmitra has never faced any legal obstruction because of the care they have taken towards. Environment and surrounding others. Gujaratmitra has paid taxes regularly. So government never interface in Gujaratmitra function.
Gujaratmitra has received awards in the field of production, surrounding and record keeping of papers etc. which shows quality policy and environment policy.
The all employees of Gujaratmitra are well satisfied with the compensation, incentives and facilities given because it is higher than many other company so there are no bargaining, no strike etc. and peace among employees and management is well established.
Gujaratmitra has fully computerized system for Records that provides easy function of documents in each department and it saves the time and provides necessary as proof of the Government in n the time of legal obstruction.
Gujaratmitra’s employees are Skilled and Experienced they are given such work on the basis of their skill, knowledge and ability, first they put on a probation and if they satisfactory pass out, they permanently employed.
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Gujaratmitra has it’s many branch office in India and it’s distribution channel is large so it receiving the more orders and distribution newspaper is facilitated and thus sales are maximum.
[2]. Weaknesses :
Gujaratmitra’s working Procedures allows lots of documentation, which slow down the work process of the organization.
In Gujaratmitra, because of Job security and safety employees tend to be motivated and demoralized which slow down the work. They are not working willingly, they are not devoted to the work, so quality of work is not Possible.
Divya bhaskar, Gujarat samachar give a monthly Guarenteed gift to their subscriber, while Gujaratmitra have no scheme to attract a new subscriber.
Due to high expenses in salaries, maintenance and Raw material, the Profit is less.
Advance merit and Promotion are not given according to the performance of the employees it is given according to the recruitment and promotion guidelines. So dissatisfaction among some of the employees is found. The older person does not want to work under youngsters so they tend to leave the job.
[3] Opportunities :
Last year they have grabbed an opportunity for opening a new office at Mumbai (central) and New Delhi, which have expand their Market and with that their sales also Increase.
Gujaratmitra has set up Plants for other Plant for TOSHIBA, FAST – 300, etc. to move towards dynamic growth of the company.
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Gujaratmitra has not a large distribution channel like as Divya Bhaskar, Gujarat samachar. So in many states the people are not aware of the gujarati news paper ‘GUJARATMITRA’ due to they can’t increase their sales so it is take an opportunity to increase a Distribution channel and increase a more sales in other states.
[4] Threats :
In the last year, Divya Bhaskar entered in the market of news paper with a good advertisement at the time of launching a newspaper in the surat. During a last year they capture some of the market in the surat. In future also they try to covered much market as possible.
Because of price rising of Chemical, wasted oil, wasted paper is increasing continuously.
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Conclusion & Suggestion
For the requirement of completion of 4 th semester
of B.B.A. We had undergo two months summer training at
GUJARATMITRA Pvt. Ltd. Surat. With the objective to gain
Practical knowledge and experience in the company and
to study the activities of different functional area. It was
good experience at GUJARATMITRA Pvt. Ltd. studying about
the different department. On the other hand going for a
market survey was an invaluable addition to my
Knowledge. To conclude in a single student, I personally
feel that 2 month Training at GUJARATMITRA has added
many features to my knowledge wing which will
definitely help me to achieving a success during my
future and career flight.
During my Training I found that this company is in
a good and Strong Position. This company has a very
good management and staff of this company is a qualify
and high skilled. The relation between employees and
Director are good. There is a good Co-ordination and
confidence in the company. The company’s chairman I
aim to provide Better Product to customer. I am sure
that company achieve it’s goal in very short time.
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THANK YOUTHANK YOU
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