Onion Warehouse Management
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Transcript of Onion Warehouse Management
GROUP MEMBERS
1) ANKIT [email protected]
Mob.no:9561418177
2) VIJAYSHREE [email protected]
Mob.no:9423310465
3) BHANUPRIYA [email protected]
Mob.no:8097103932
Why onion ??
-stable demand
-perishable, seasonal and bulky
-Inadequate Storage
-Least Explored area
Problem focus
Erratic rainfall in the main production centre
Hoarding by the traders
Loss of onion because of inadequate post harvest
storage
Inherently unstable production.
Decline in onion production from last five years.
Objectives
-To reduce the post harvest storage losses
-To increase the productivity by onion warehousing.
-Stabilize onion prices
Assumptions
No influence of current onion market
5000 farmers have signed the contract
continuous Scope for export
Project inclusions Training to the farmers
Provision of seeds
Discount on Fertilizers
Bilateral transport – onion potato
Project exclusions
1) No storage provision for other agri product (garlic)
2)Opening of onion research centre.
Other cold chain product will not be entertrained (apple, potato) different storage parameters
Benefits farmers upbringment
Reducing the wastage of onion by proper storage
Stabilizing the onion prices in market for all type of customers.
profit
Future perspective
1) opening of onion research centre
2) Chopping and drying of onion and selling
3) Expand for other perishable agri. Products.
OVERHEADS
Cost: five lakhs Rs
1) WORK OVERHEADS
2) ADMINISTRATIVE OVERHEADS
3) SELLING OVERHEADS
4)DISTRIBUTION OVER HEADS
DEFINITION
Project finance is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project
LONG TERM SOURCE OF FUNDS
1) EQUITY CAPITAL
2) PREFERENCE SHARES
3) RETAINED EARNINGS
4) DEFRRED PAYMENT GUARANTEE
5) DEBENTURES
6) LOAN FROM FINIANCIAL INSTITUTIONS
7) LOAN FROM COMMERCIAL BANKS
8) VENTURE CAPITAL FUNDING
9) ASSET SECURITISATION
10) INTERNATIONAL FINANCING
SPONSORS 1) Nabard
2) Individual district level co-society banks
3) urban co-operative bank
4) urban co-operative bank
5) Local Nabard bank branch
6) 26 district co-operative society banks
PARTICULARS 1-JUNE-14 1-OCT-14
1) INCOME RS RS
A) Income from operations 85 LAKHS 86 LAKHS
B) Other operating income 1 LAKH 1.5 LAKHS
TOTAL INCOME 86 LAKHS 87.5 LAKHS
2) EXPENSES
A) Operating Expenses 50 Thousands 52 Thousands
B) Depreciation 30 Thousands 35 Thousands
C) Employee benefits 20 Thousands 25 Thousands
TOTAL EXPENSES 1 LAKH 1.12 LAKHS
3) PROFIT FROM OPERATION BEFORE OTHER INCOME & PROJECT COST
85 LAKHS 86.38 LAKHS
PARTICULARS 1-JUNE-14 1-OCT-14
4) OTHER INCOME 1 LAKH 1.5 LAKHS
5) PROFIT FROM ORDINARY ACTIVITY BEFORE PROJECT COST
86 LAKHS 87.88 LAKHS
6) PROJECT COST 65 LAKHS 30 LAKHS
7) PROFIT BUT BEFORE TAX
21 LAKHS 57.88 LAKHS
8) CURRENT TAX EXPENSE
1 LAKH 1.5 LAKHS
9) NET PROFIT AFTER TAXES
20 LAKHS 56.38 LAKHS
Why Quality ? ?
Rotting Losses Physiological
and physical
disorders
Lack of storage
facilities
Sprouting
Losses
Pathological
Disorders
Rooting
Onion
Spoilage
Freezing Injury
Ammonia Injury Neck rot
Bacterial rot
Slippery Skin
Sour Skin
Storage
Diseases
Types
Kharif, (may- june)
Rangada and early rabi or late kharif
(aug- sept)
Rabi or summer(oct- nov.)
Salient Features of improved structure 1. Construction of storage godown on raised platform 2. Use of Mangalore tiles roof 3. Increased centre height and more 4. Bottom ventilation 5. Avoid direct sunlight on onion bulbs 6. width of each stack to 60-70 cm for cool humid weather, 75-
90cm for mild
7. stacking height to 100 cm for small and multiplier onion 8. Cubicles rather than continuous stack 9. One cubic metre area of store accommodates about 750 kg
onions.
Risk Management
Risk register
Risk analysis-
Risk assessment matrix
- Qualitative risk
- -Quantitative risk
Risk Mitigation FARMERS- develop code of conduct
Nature - contingency reserve for emergency
Policies- modification in policies for farmers and onion.
Who Are Business Stakeholders?
• Core stakeholders are essential to the survival of the
firm
• Strategic stakeholders are vital to the organization
and the threats and opportunities the organization
faces
• Environmental stakeholders are all others in the
organization's environment
Stakeholder Engagement Process
PLAN
Keep satisfied Manage closely
Politicians Customers
Sponsor
farmers
Monitor Keep informed
Nabard Media
Communication Strategies