1. Introduction and Design of the StudyEvery organization has its own objective. The objectives differ from organization to organization. The main purpose behind the formation of any organization is to attain certain clear and predetermined objective.The organization study conducted at Sundaram Textiles Limited during 30 days period. The Sundaram Textiles Limited located in nambi nager, Nanguneri,Tirunelveli.The Mill strived to achieve the quality in its production and supply.This is the registered member of SEBI and the shares are handled inside the family members and not issued to public. Hence the family members make over the control of the company.

1.1 Objectives of the Study As a part of Master of Business Administration the trainer is supposed to complete the In Plant Training at the end of 3th semester of the course. Every person has to choose the industry and to take an inplant training to gain the real experience in the industry. I have done my Inplant Training in Sundaram Textiles Limited, Nanguneri (Tirunelveli Dt.). It is the biggest concern and one of the sister concerns of TVS groups one of the leading industrial group not only in india but also all over the world. The training period is for a period of one month. The training will be much usful to extend the knowledge. To study functions of various department. To get a practial knowledge To study problems faced in each depatment To study the coordinator among the department To study due reports between management and workers.

1.2 Nature of the Study This study has been focusing into the day to day functioning of a company who deals with automobile sales. This study has given the adequate knowledge regarding the functions of an organization.

1.3 Scope of the StudyThe study gives a general awareness of the functioning of the various departments. The period available for the study was one month. Through attaining information about various departments and also preparing analysis regarding the strength, weakness, opportunities and threats of the company, this knowledge can be applied by a student while working in a company.In this survey the emphasis is to identify the effectiveness of training programme to the employees in Sundaram Textile Mills. This extend to enable the management to conduct better training programme and to adopt new methods of training program.

1.4 Chapterisation

1.4.1 Chapter-IThis chapter includes introduction of the study, objective of the study, nature of the study.1.4.2 Chapter-II This chapter includes Industry Profile,Company Profile, Organizational Structure, Overall Organizational Chart, Production Department, Processing Flow Chart, Marketing Department,Human Reesource Department, Finance Department.

1.4.3 Chapter-III This chapter includes Strengths, Weaknesses, Opportunities, Threats

1.4.4Chapter-IVThis chapter includes Managerial Skills, Learning Experiences

1.4.5 Chapter-VThis chapter includes Suggestions, Conclusion.Bibliography

2. Profile of the Organization2.1 Industry ProfileTextiles industry today plays a leading role in the economy of the world. As described by Mahatma Gandhi (Father of our Nation), The best plant in the world is cotton plant because it serves to maintain the discipline of the people. Every country depends upon the textile industry because it also reflects the culture of the country and the people where the industry belongs. Year the industry suffered a lot. Now slowly the textiles industries are regaining its old position. Particularly in India, Tamil Nadu is famous for textile industries as many of the industries are situated here.The industry also famous because without these industries no one in the world would survive. As much importance is given to these industries only a person who is having a major capital can be able to start the industry because it involves many process and requires many machines to complete the process successfully. So it belongs to the major industrial category. The minimum capital required to start the industry is at least Rs.5 crores. So only big people concentrate in this section.

2.2 Company ProfileSundaram Textiles LimitedThe Sundaram Textiles Limited started in the year 1962 by the sons of T.V.SUNDARAM IYENGER, Mr. T.S. KRISHNA and T.S. RAJAM as the part of TVS group. The mill was started at Nanguneri in order to help the people of the founders native place.The native place is Thirukurrungudi a small village situated near by Nanguneri. As the spinning business was new to TVS initially this mill was under the administration of M/S. Seethalakshmi Mill group from 1962 to1980. From 1980 onwards, the mill was taken over by the TVS group and having the capacity of 40,000 & above spinddles and doubling of yarn facility. Mill is supplying Yarn in the range of 20s counts to 140s counts to International and domestic customers.The Mill strived to achieve the quality in its production and supply.This is the registered member of SEBI and the shares are handled inside the family members and not issued to public. Hence the family members make over the control of the company.

Quality Policy To achieve and maintain customers delight by supplying consistent quality products meeting their requirement through continous improvement and employees involvement.

2.3 Organization StructureThe chart simply depicts the flow of the control in the organisation from top to bottom of the organisation. It can represent in the pictorial table format as follows. Here the company works under the guidance of the Chairman and Vice Chairman and Board Of Directors. The Vice Chariman herself act as the role of the Managing Director of the company.Figure 2.1: Organizational Chart

2.4 Overall Organization ChartThis is the organization chart of the company and the control flow from the vice chariman to all the supervisors and to the workers. Figure 2.2: Overall Organizational Chart

2.5 Production Department The chart depicts the flow of the production department from the top to bottom.

Figure 2.3: Production Department Chart

2.6 Processing Flow Chart Figure 2.4: Processing flow chart

The department has to play a major role because the company can sell the things or its articles when the products are produced. The process of the company is given below: Mixing Blow Room Carding Comber Ribbon Lap former Drawing Simplex Spinning Auto coner Checking section Doubler winding Doubling Singeing Mercerizing Bundling Packing section2.6.1 MixingThe other function is mixing where the oil is sprayed in the cotton. It is done in order to improve the quality and to increase the life span of the cotton. The process takes a time period of one day. Now the real production process starts from here.2.6.2 Blow RoomOn this stage the cotton enters into the first process called Blow Room, where the raw cotton is converted into cotton laps.Input Raw CottonWork-in-Process Its is a process for further opening cleaning and formation of lap. Working Hours : 19-20 hours per day 3 Schutcher machines 1 personsThe cotton laps may long up to 50 meters and should possess the following weights according to the various counts. The are given as follows:Table 2.1: Lab WeightS.NoCountMixingLap Net WeightLap rodLap total weight

150M.MECH+L.MCUS16 kg1.500kg17.5kg

260M.MECH+L.MCUS16kg1.500kg17.5kg

368M.MECH+L.MCUS16kg1.500kg17.5kg

469M.MECH+L.MCUS16kg1.500kg17.5kg

570M.MECH+L.MCUS16kg1.500kg17.5kg

679kM.MECH+L.MCUS16kg1.500kg17.5kg

7100kM.MECH+DCH16kg1.500kg17.5kg

8112cM.MECH+DCH16kg1.500kg17.5kg

92/70c80K DHCR16kg1.500kg17.5kg

1o2/8080K DHCR16kg1.500kg17.5kg

112/10080K DHCR16kg1.500kg17.5kg

122/12080k DHCR16kg1.500kg17.5kg

Source : Production DepartmentOutput Cotton laps2.6.3 CardingInput Cotton LapsProcessIn this process futher opening, further cleaning an individual of fiber and formation of sliver. Cleaning - Shift cleaning Working hours 20-22 hours per day 18 New machines + 10 Old machines Total machines 28 3 Person After the raw cotton is converted into cotton laps in the previews stage is it converted into sliver and been kept in the different cans. After the process,the second step in this carding stage is the sliver lap formation. The slivers have been formed into lap in order to clean the cotton from the other wastes as much as possible.Output Sliver cotton2.6.4 CombingInput Sliver cotton laps.ProcessCombing of the sliver laps.The sliver lap have been opened here and cleaned to remove the dust and wastes from the lap of cotton. The shining of the cotton is increases at this stage. The Quality of the cotton has improved and hence it has said that the thickness of the cotton is at high when it is at the improved quality. Type of the machine LK250,LK64Z Total machine 10 Working hours 24 hours per day 2 personsOutput Sliver cotton2.6.5 Ribbon Lap FormerAfter the formation of sliver the sliver lap is converted into Ribbon Lap which is called Ribbon Lap Former.Lap Former In this process two steps are followed: Sliver Lap Ribbon Lap

Sliver LapIt is a merging process. 8 cans of sliver laps are merged together and formation of one bundle of Ribbon Lap. It will increase the strength of the yarn.Ribbon LapAfter conversion of 18 cans into 1 bundle role of ribbon lap. In this process 6 role of ribbon lap into 1 bundle role of ribbon lap.2.6.6 DrawingInput Sliver cottonObject Parallalisation of fibers by doublings. Putting certain draft to fiber.ProcessThe smoothened combed cotton laps have converted into the slivers. The slivers are in 8 silvers per can.Finisher drawingAfter completion of breaker drawing. The cotton laps are further parallalisation of fibers. It is called Finisher drawing. After finished the finisher drawing. Then the next process is simplex.Output Sliver cotton2.6.7 SimplexInput Sliver cottonObjective Drafting Twisting Winding of bobbins.

ProcessThe Rowing and drafting of the sliver laps have been done here and hence converted into twines. Working hours : 20-22 hours per day Type of machine LF1400A Total machines - 11 7 personsOutput Rolling Sliver2.6.8 SpinningInput Rolling SliverObjective Drafting Twisting WindingProcessThe rolling slivers are converted into the twines by the use of spindles and pumps. Working hours : 20-22 hours per dayShort Frame : Textool-D350- 13 machines Jeetstex-JS3-11 machines LakshmiRietor-D35-16 machinesLong Frame : Lakshmi-G5/1 - 2 machines Lakshmi-LR6/5 19 machines Lakshmi-60/A - 6 machines Total machines - 67Output Yarn2.6.9 WindingIt is done by machine by the use of man. After completion of spinning,the yarns are converted into cones which are called winding. 10 machines available here. 120 needless are available per machines.2.6.10 Auto Coner It is advanced system for winding because it is done by machine.Input YarnProcess The yarn are converted into cones. Total machines - 8 4 Persons 60 count for export 64 count for bagsOutput Cones2.6.11 Cheaking SectionAfter converting into cones, the cone should be weight of 1500 kg (for export only). The cone can also he produced based upon customer preference also.Finally the cones are checkup under the ultra violet light. Wheather the cones are the same counts or different counts. Find out the correct layers. The good ones are selected for packing.2.6.12 Doubler WindingTwo singles yarns twisted to form a one singled twister yarn is called doubler winding.2.6.13 Doubling To make the double yarn by giving required twisting. 18 machines for 5 sider 216 needless are available per machines.2.6.14 Singeing 3 machines available here.ObjectiveTo removal of unwanted grayans or hair fibers2.6.15 Reeling 40 machines Single yarn for 1 person Double yarn for 2 persons2.6.16 MercerizingAfter the reeling stage the yarns of 60s and 120s counts have been taken to one place called Mercerizing where the process is used to increase the shining of the cloth. The yarns have been bleached and washed in order to make it much clean and hence dried in the shed. The Reels are first dipped in the dye solution called as Sodium Hydroxide at 47.5%. The Hydrochloric acid vemopol used as an unwitting agent.Two waste water form the department has been cleared for some extent and hence it would be used for the irrigation purpose of plants and trees. Which are around the factory area.

2.6.17 BundlingAfter completion of reeling. The reels are bundling from bundling press. The carded yarn as well as combed yarn.For example carded yarn 60 counts contain 15 piece of reels for one bundle. But it was very from number of counts. There are 3 bundling press avaiable here.2.6.18 BailingsAfter completion of bundling process. The 40 bundle of reels are pressed by Electric Bailing press. It is called Bailing.

2.6.19 Packing SectionIt is a final section for packing. The cones are very clearly arranged by a box. One box contain 24 piece of cones after the completion of packing. The products are ready for sales.Table 2.1: Packing SectionSl.NoCountNo.of PieceNet WeightCross WeightTotal Weight

160242.1002.15054.500

264501.1001.15058.80

372501.001.5053.80

Source : Production DepartmentFigure 2.5: Packing Section

Source : Production Department

2.6.20 Raw MaterialsThe main raw material of the spinning mill is cotton the cotton is purchased in bales the required cotton has been purchased in india : Karnataka, Andhra, Maharastra, Indore, Gujarath, Hyderabed and Pollachi, DCH 32 and MCH 5 of cotton are used production.DCH 32 variety is used to make counts of 80 100 MCH variety is used to make counts 40 and 60s.2.6.21 Quality PolicyTo achieve and maintain customers delight by supplying consistent quality products meeting their requirements through continous improvement and employees involvement.Quality control in raw material The various quality control tests in raw materials are Length of cotton Trash percentage 2.5 to 2.6 Maturity test Fiber bundle test Micro natrine value density2.6.22 Cotton SeasonThe cotton isa seasonal product. The cotton is purchase from Andhra Pradesh, Gujarath, Karnataka, Maharastra the cotton are purchased more if there is any way for price increase, they are kept in stock.

2.6.23 Functions of production department In charge of production Control of waste.2.6.24 Objectives of prodduction department Improve the production Reduce the waste.2.6.25 5s for success of the production processSERI - To remove unwantedSEITON - To order the needed particles.SEISO The work area, Machine & Parts of machine have to be cleaned and maintained.SEIKETSU - To decide where the things and how it has to be place and followed.SHITUKE - To give training on the above points to all employees and make them to follow the rules.

2.6.26 Store RoomThis is the other important section as it is mainly responsible for the over all function of the company as all the purchase of machines and spares have been made through the stores,it have been done under the guidance of the Vice Chariman.The words done regarding the purchase have been divided into IV phases by the store department. They are givenas follows.The department must to send a regarding the need of the machinery. The clerk/storeroom Keeper has prepared the list for overall factory. They prepared the purchase order in respect of materials, which have required.The material received from the concerned supplier can been inspected by, the security of the Factory and the will inform to the store incharge, they would inspect the materials before entering the factory.The preparation of particulars of goods received. The particulars are maintained in the stores with following details which have to be maintained by the stores clerk.

2.6.27 Purchase Invoice Stores Receipt and Day Book Ragister Stores purchase Ledger. After the purchase invoices are forwarded to the Excise Assistant and Clerk for taking CENVAT (Central Exercised) credit if applicable. The original copy of purchases invoice along with a stores receipt approved by Factory Manager and Spinning Master to Head Office Madurai for payment.If the goods are found to be damage/short receipt of materials/rejection the entire consignment would be rejected and returned to the supplier without being allowed to enter into the factory. Hence there is no possibility of cenvat credit on shirt receipted/rejected damaed quantity of capital goods.The materials are issued to basis of indent, prepared and received from the department fully approved by spinning master. The internal auditors have made physical stock periodically.The spares and various parts required for the machines have placed in the ordered manner. They have ordered the machine parts on the basis of the utilization of the machine parts for all the departments. They are, Yellow - Fast moving spare parts. Blue - Mild moving spare parts. Rose - Slow moving spare parts.The storeroom function can be listed as follows: Action taken called for quotation. Quotation received and proposed to place order Placed purchase order send and waiting for the material.2.6.28 Purchased order send and waiting for the material.These have been noted in the cards at various levels for the various departments and also the bin card have to be maintained for the materials which have used to show the availability of the material at the storeroom and also to list out the amount of materials which have taken from the storeroom form the various department.Production Details for the year 2009-2014 Table 2.3: Production DetailsMonthLocalDepoExport

April09-March10913344.615633.2193246.67

April09-March101004112.8826670.88525773.84

April09-March101020913.9632531339286.96

April09-March101122534.828280224901.12

April09-March101115731.7814536329459.04

Source : Production DepartmentFigure 2.6: Production Details

Source : Production Department2.7 Marketing Department2.7.1 Marketing Department Chart Figure 2.7: Marketing department chart

Functions and Activity Market trend analysis. Direct of customer through depo sales, depo to retailers. Based on trend analysis, production plan is prepared. Coming under the mills based on plan due production was made on goods send to parties.2.7.2 Marketing Objectives Trend analysis inform the messages quickly to the manager.To plan the production schedule and also arrange the correct manner and easily dispatch the goods.

2.7.3 ExportThe products are regularly exported to the foreign countries. They are: Bangladesh Pakistan Sri Lanka Puru IndoneshiaThe marketing function plays an important role because the goods produced have to be marketed in order to enter into the market and to get a good response from the buyers at various levels of the market. The company opened the sale depots at the following areas for the direct sales.2.7.4 Other State Kolkatta Delhi Chirala(Andhra) Llkal(Karnataka) Kerala Mumbai Local Area Chennai ThirupurThe above are the direct sales depots of the company and undergo the transactions directly with the buyers on behalf of the company. The dealers are selected by the company and the only work of the dealer is to select a good place for the storage of the materials and also for the selling of goods of the company. The company would receive the advance money from the dealers for the delivery of the goods to the dealers.2.7.5 Sales TransactionsThe company enter into the sales transaction with the buyers with help of the standard brokers available for the company.They will function on behalf of the company. The buyers will send their need of quantity and quality of cotton to the standard brokers.The company will send the samples of the goods needed by the brokers and also quote the price for the product.The brokers will contact the buyers and if they are satisfed with the quality of the product and price they will send the purchase order to the company.The company will sell the goods to the concerned buyer.The payment will made within the period of 45 days and if the days exceed the interest will be calculated for the rest of the amount.These are the transactions, which are made in the selling of the goods to the buyer.

2.7.6 Market SegmentationThe company has segmented the markets according to the sales of the counts. They are given as follows:The Hard count 80s are sold well in the kolkata depot as because many of the industries are near by the area. The Sales depots sell goods to the average of Rs. 2,00,000 every month and contribute the half of the sales of the other depots of the country.The soft counts (100s,120s) are sold well in the northern parts of the country as their main function is the weaving of the silk sarees. The Soft counts may also been called in the name of the Fine counts.

2.7.7 CompetitorsThe competitor for the company are listed as follows: Precard Mills from Coimbatore. Premier Mills from Coimbetore.The above listed companies are the perfect competitors for the TVS group in the cotton market. These competitors are improving their technology and hence the level of prodution have increased a lot and the standard of the cotton is generally high.The company is now following the Total Productivity Maintainance(TPM) with the help of Mr. Kazhi Kawashima of Japan in order to increase the standard of the goods and services produced. Hence it prevails as the perfect competitor to all the companies.

2.7.8 MarketingChannel Figure 2.8: Marketing Channel

2.7.9 Delhi sales details for month of June-14

Table 2.4: Delhi Sales Details PlaceCountKGSYarn Value

Delhi2/60c816.48259912.8

Delhi2/100c1050516600

Source : Marketing Department

Figure 2.9: Delhi Sales Details

Source : Marketing Department

2.7.10 Karnataka Deatils for the month of June-2014Table 2.5: Karnataka Sales DetailsPlaceCountKGSYarn Value

Karnataka60CFHCR2550702500

Karnataka2/64KMDHCR1500577500

Karnataka2/100CMFHCR460272500

Source : Marketing DepartmentFigure 2.10: Karnataka sales Details

Source : Marketing Department

2.7.11 Uttra Pradesh sales details for month of June-2014Table 2.6: Uttra Pradesh Sales DetailsPlaceCountKGSYarn Value

Uttra Pradesh2/74CGMFHCR8081.23768600

Uttra Pradesh2/120CGMBFHCR454394500

Source : Marketing Department

Figure 2.11: Uttra Pradesh Sales Details

Source : Marketing Department

2.7.12 Export Sales for month of June-2014Table 2.7: Export Sales DetailsPLACECOUNTKGSYARN VALUE

DEPO82SDHCR2400825000

Export50CHY19051.25010465.6

Export2/80CM5HCR113505,587,605.00

Export60C23.26758.39

Export60C15976.84654201.61

Total46401.215,259,030.60

Source : Marketing DepartmentFigure 2.12: Export Sales Details

Source : Marketing Department2.8 Human Resource DepartmentThe Human Resource Department helps managers recruit, select, train and develop for an organization. HRM function are not confined to business establishment only. They are applicable to non-business organizations too, such as education, health care, recreation etc.2.8.1 Human Resource Department ChartFigure 2.13: Human Resource Department Chart

2.8.2 Function of Personnel Department They recruitments the employees, man power planning and performance revolutions. Wages and salary administration.2.8.3 Objective of Personnel Department Discipline maintenance Employees performance and evolution. Traning and development and also motivate the employees. Wages and Salary administration. Improvement of Welfare activities.2.8.4 Recruitment ProcessThe process is understood as the process of searching for and obtaining applicants for jobs from among whom the right people can be selected. A format definition of recruitment is, the process of finding and attracting capable applications for employment. The process begins when new recruits are sought and ends when their applications are submitted. The result is a pool of applications from which new employees are selected. Internal RecruitmentThe employees of the company make the recruitment in the company internally. They would be appointed by the recommendations of the employee and they can continue if they work efficiently.External RecruitmentThe recruitment have been made by the following process: The company will give the advertisments on the leading newspapers. The person would apply for the job and the eligible candidates are called for the interview. Based on their abilities the right candidates are selected. Normally the process has been followed for the selection of the Managers and Clerical Workers.2.8.5 Campus InterviewsThese have been conducted for the post of supervisors and Fitters from the ITIs and Polytechnics. The right candidates from the Final year have been selected and given the training for the period of 6 months.2.8.6 Job ClassificationThe job has been classified for both the male and female workers. The male workers are appointed in the heavy jobs such as Blow Room. Carding ,Comber, Drawing and the female workers are appointed in Spinning, Doubling and Conner etc. The female workers are working in both day and evening shifts.2.8.7 Shift Time First Shift - 8.00 A.M - 4.00 P.M Second Shift - 4.00 P.M - 12.00 P.M Third Shift - 12.00 P.M - 8.00 P.MThe weekly leave is given for the workers.The shift changes during every weekly leave. The government holidays and local holidays are also given for the workers. In order to reduce the nightshift the time have been increase for both day and evening shift workers.2.8.8 Qualification for RecruitmentThe qualification of the employee plays main role in the process of recruitment and have been said that the different posts would have different qualification as the necessary one. They are given as follows:Table 2.8: Qualiication for RecruitmntSl.NoPostQualificationDepartment

1Spining MasterDiploma in TextilesProduction

2ElectricianE.E.EElectronics

3Maintenance MasterDipolma in maintenanceMaintenance

4FitterITIFitter

5ChemistB.Sc,ChemistryMercerizing

6ClerkAny DegreeOffice & Department

7EDP OperatorB.Sc,computer scienceEDP Room

8Worker (Gents)10th stdAll department

9Worker(Ladies)8th stdAll departments

Source : Human Resource Department

2.8.9 Gratuity The gratuity amount is collected from the 15 days salary of the permanent. It may be calculated by the following formulae. Basic salary+DA*15*No of Years of service2.8.10 Provident FundThe fund is generally collected from all the employees monthly salary in order to provide them pension after their period of working upto the life of the employee.The contribution of the employee and employer are given as follow.These facilities are also available only to the employees whose salary is less than Rs.6,500/- Employees Contribution _ 12% of monthly salary Management Contribution - 12% of monthly salaryThe following percentage is deducted from the employees salary are displayed as follows: Administrative Revenue Charges - 1.1% of the employees salary EDLI charges - 0.5% of the employees salary EDLI Administrative charges - 0.01% of the employees salary2.8.11 Leave with WagesAccording to the Factories Act, the worker is eligible for leave with wages when he have worked satisfactorily for the period of 240 days a year. The number of leave granted for employee is given as follows: 3 days - cash with leave (For permanent workers) 1 day - For Temporary workers 15 days - Privilage Leave These are the duties done by the welfare officer for the workers.2.8.12 MotivationThe motivation is necessaary for every worker if he wanted to do more work. Hence, it covers various aspects, which would motivate the employee and will results in the increased in production.

2.8.13 Performance AppraisalThe worker who possessing the 100% of attendance will receive the gift from the company on the occasion of Founders Day Celebration (March 22). The workers are encouraged well in order to increase the production and to reduce the wastes. The regular meeting for the technical staff is conduted every day and the previous days production have to be taken into account and discussed.2.8.14 TrainingThe training is necessary for the employees. The employees without the proper training will cause adverse defect to the production. Hence, the training has been given to the employee for the period of 3 months. In the period, the employee have to pass on to all the department and the supervisor will decide to which department he is suitable to work and he will be appointed inside the company as staff.If he has not done the training during the period successfully, it will results in the disqualification of the selection of the employee.2.8.15 Safety MeasuresThe measure are necessary for the employees and it will be useful to them to do the work with safety and it would be good for their health.The employees are given training to put off the fire. They are also trained that how to use the Fire Extinguisher during the necessary times.The cloveare provied for the employees who are working at the chemical section (Mercerzing)The mask is provided for the employees who are working at the section regarding the cotton handling and mixing etc.The cap have also been provied in order to protect the hair and head of the employees who are working at coming and spinning sections.2.8.16 Transport FacilitiesThe transport facility is available for the workers who are near by villages and two vans are operated for the day shift and also for the night shift. The reasonable rate is collected from the workers for the means of transport.2.8.17 Trade UnionThe management, according to his good conduct has selected the TVS Trade Union functions inside the company and the Leader. The membership fee is collected from every employee Rs.10/-per month2.8.18 RetirementThe worker will retire from the service after the completion of 30 year of service or at the aged 58 which ever comes first. These rules will not be applicable to the employees who had joined before 1995.2.8.19 SpecialtyThe specialty of the employees who working in this organization is all the employees are specialized in double jobs. Hence the work did not stop if any employee goes on leave.2.8.20 SalaryThe salary is payable at every month to the workers and it would fully depend upon the productivity made by the workers.The salary pay dates are given as follows: Office Staff - Last working day of every month Fitter Watchman - Second working day of every month Technical Staff - 7th of every month According to the Payment of Wages Act, the companies functioning with less than 1000 workers have to pay the wages to the workers within the 7th day of every month. In the other cases, the salary payable date is 10th of every month.2.8.21 Salary RateThe salary payable to all the staff who are working in the factory are displayed as follows: Officers - Rs. 10,000/- and above per month (Based upon the Experience & Knowledge) Office Staff - Rs. 5000/- to Rs. 7000/- per month (Based upon the Experience & Knowledge) Workers - Piece rate wages Rs. 5,000/- per month2.8.22 UniformThe Uniform are made compulsory for the permanent employees who are working in the organization. The two sets of uniform are given to the workers in the month of July every year. The various uniform offered to workers are given as follows: Maintenance - Full Pant / Half Shirt Worker / Operator - Half Trouser white banyan Office Staff - Gray Uniform2.8.23 Employees List The total strength is 858 workers. As follows: (including watchman)I. Propationaries - 253II. Female workers - 569III. Technical workers - 36 Office Staffs (including technical and administration staffs) - 41

2.9 Finance Department2.9.1 Finance Department ChartThe chart simply depicts the flow of control in the finance department from top to bottom as follows:Figure 2.14: Finance department

2.9.2 Function of finance department Preparing the purchase bills. They arrange for funds transferred to mills. Preparation of statutory records. Mobilisation of funds. Allocation of funds.

2.9.3 Objective of finance department Party payment are quickly presented. To collect the amount from yarn sellers. Preparation of Bills. Collection of funds.2.9.4 Concept of costCost means The amount of expenditure incurred on, or attributable to given thing.2.9.5 Component of total cost Total cost includes: Raw material Convention cost2.9.6 Convention cost Convention cost mainly depend upon Machine utilization Spindle point production2.9.7 Depreciation AccountDepreciation is the gradual and payment decrease in the value of an asset from any course. Depreciation is calculated on the written down method. The deprecation A/C is prepare seal by the mill.2.9.8 Working CapitalIt refers to the firms current on circulating assets Current Asset that are easily converted in to cash with in an accounting year.

3. SWOT-AnalysisDefinitionThe overall evaluation of a companys strengths, weaknesses, opportunities, and threats is called SWOT analysis.Internal Environment Analysis (Strength/Weakness-Analysis)It is one thing to discern attractive opportunities and another to be able to take advantage of these opportunities. Each business needs to evaluate its internal strengths and weaknesses. It can do so by using a form like the are shown in the marketing Memo: checklist for performing strengths/weaknesses analysis.External Environment Analysis (Opportunity & Threat Analysis) In general a business unit has to monitor key macro environment forces (demographic economic, technological, politcal and social-culture) and significant micro environment actors (customers, competitors,distributors, suppliers) that affect its ability to earn profits. The business unit should set up a marketing intelligence system to track trends and important developments. For each trend or development, management needs to identify the associated opportunities and treats.3.1 Strength 1.Our own transportation Based on the sales advice issued by our sales department we are dispatching the yarn to the parties. The cone bags are dispatched to parties on two basis namely prepaid basis and to pay basis. If we dispatch the yarn through our own the transportation cost comparatively cheaper and we are able to deliver the goods to the parties within the time. Hence we are able to get good market for out product.

2.To pay basis If we dispatch our goods on to pay basis then the cost of transport was borne by the parties. If we are dispatch the yarn through our own transport the transportation cost will be very cheaper because the lorry freight was fixed based on market demand. As we are having fixed rate the freight paid by the parties was comparatively lower than the market rate. 3.Proximity Market We are regularly marketing our yarn in Mumbai, Kolkata, Delhi, Uttar Pradesh Andhra Pradesh and Karnataka etc. As our mill located on the National Highway we are very easily able to move our products to the market area. Through prompt supply we are able to satisfy the customers and get better selling prospects to our products. 4.Situated in high ways (National Highway) Easy to transport. Easy to Export. At delivery in correct time. Our own strength is 858 workers. Co-operation of the workers.3.2 Weakness 1. Part Loads Due to the requirement of dealer sometimes we are despatching part loads to our customer. For sending the part loads the transportation cost in higher. White making sales the dealer includes the transport cost in the sales hence the market for the our yarn is lower. 2. Damages to yarn bags - We are despatching the yarn bags through Lorry Transport. During transportation due to poor handling the materials get damaged. Hence the parties raise claim for the damages which ultimately affect our profit. 3. Packing cost - To avoid any possible damages to our yarn during transportation we are using high quality materials for packing which ultimately increase our selling cost. These expenses sometime affects our market. 4. The mill has to pay more taxes 5. The products manufacture are costing comparing to small scale industries.3.3 Opportunities Transportation As our mills situated on the National Highway, our place are very nearer to the Tuticorine Port, we are very easily move our product to all over India and able to export our products to foreign countries.

3.4 Threads 1. Climatic condition The cotton and the yarn are sensitive items and they always have the characteristic to change their shape according to the weather conditions. Hence, the climatic condition is a major thread to our product. 2. Market FluctuationThe yarn and the cotton market are always on fluctuation condition. This will affect our production and market condition. 3.The absenteeism makes the machinery idle.

Table 3.1: SWOT AnalysisStrengthWeaknessOpportunitiesThreads

Ourown transportDamages to yarnModernizationClimate condition

To pay basisPacking costExport facilityFluxion market

ProximityClimate ConditionTrained ManpowerProduction cost

Easy AccessiblePallot packingSensitive market

4. Learning Outcomes4.1 Managerial skillsManagerial skills are classified astechnical, human and conceptualby Katz. For a managermanaging any activity, the actual work involved in the activity is technical skill. Ability to communicate with other persons in the department or organizations and the ability to understand their desires and persuade them to ones point of view are human skills. Conceptual skills understand of how customers of the department or organization react as a group to various activities.Similarly a manager has to understand how suppliers to his department react as a group. Here economic consequences, political consequences, and social consequences come into play and a manager must be able to visualize all these likely outcomes in coming out with his objectives, strategies and tactics. There are three skills Technical skills Human skills Conceptual skillsTechnical skillsTechnical skills are those abilities acquired through learning and practice. They are often job or task specific; in other words, a particular skill set or proficiency required to perform a specific job or task.Human skillsRelating to other people is vital in order to be a good manager. Workers come in about every temperament that can be imagined. It takes a manager with the right human skills to manage this variety of workers effectively. Diversity in the workplace is commonplace.

Conceptual skillsTop level managers need conceptual skills that let them view the organization as a whole. Conceptual skills are used in planning and dealing with ideas and abstractions. Supervisors need technical skills to manage their area of specialty.

4.2 learning Experiences Learned to manage time properly Learned how to approach the customers Enhanced my communication and convincingskills How to interact the people How to convince to buy a our product How to maintain the customer relationship How to manage the work place How to manage the employees

5. Summary of Suggestions & Conclusion

5.1 Suggestions The company should give more emphasis to training that improve team work and develop new skills. All the customers are satisfied by the quality of yarns produced by the Sundaram Textiles. The processing unit and the personnel department are situated in the Sundaram Textiles. The remaining other departments like finance and marketing are situated head office at Madurai. The cotton and the yarn are sensitive items and they have the characteristics to change their shape according to the weather condition. Hence the climatic condition is a major problem to their products. The yarn and the cotton market are always on fluctuation condition. This will affect our production and market condition.5.2 ConclusionThe mill is supplying yarn in the range of 60s count to 120s count to International and Domestic customers. The mill strived to achieve the quality as Public limited company and the company is a registered member of SEBI and the shares are not issued to the public.The machines used are new technology Japan made machines. The modernization of new machines uplift the mills. The mill is running in profit.At present, the mill is passing through smooth way. It means the technical and financial positions are good. In this situation, if the mill allowed to function, it can improve its productions.At present financial position is good, and the labours are much co-optional with the organization. This makes way for the success of Sundaram Textiles.

Bibliography

Book References1. Aswathappa K and Shridhara Bhat K, Production Management, Himalaya Publishing House, Revised Second Edition, 2008. 2. Seetharaman S and Venkateswara Prasad B, Human Resource Management, Scitech Publications (INDIA) Pvt. Limited. 3. Philip Kotler & kevin Lane Kellar 2007, Marketing Management 12th Edition, Hall of India Private Limited, New Delhi.

Websites1. www.sundaramtextile.com2. www.wikipedia.com

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