report of freight by gulzar

Upload: gulzar-husain

Post on 08-Apr-2018

230 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/7/2019 Report of Freight by Gulzar

    1/81

    1

    Submitted forthe partial fulfillment forthe award of

    degree ofMaster of Business Administration

    Submitted To: Submitted By:

    Mr.ANAND JOSHI GULZARHUSAINM.B.A. (III

    rdSem.)

    Teerthanker Mahaveer Institute of Managment&

    Technology,(Moradabad)(Affiliated to Gautam Buddh Technical University, Lucknow)

  • 8/7/2019 Report of Freight by Gulzar

    2/81

    2

    GULZARHUSAIN

    MBA IIISEMESTER

    Roll No. 09I4870019

    SUBMITTED TO DEPARTMENT OF MANAGEMNTSTUDIESIN THEPARTIALFULFILMENT OF THE REQUIREMENT FORTHE DEGREE OF

    MASTER OF BUSINESS ADMINISTRATION

    AT

    TEERTHANKER MAHAVEERINSTITUTE OF MANAGEMENT & TECHNOLOGY

    Dec- 2010

    The authorgrants to TMIMT. Permission to reproduce and to distribute publicity paper

    andelectroniccopies ofthe project reportin whole orin part

    Signature ofstudent

    Department of ManagementStudies

    Dec.2010

    Certified By

    Ms. Anand Joshi

    Projectguide

    Accepted By

    Head ofthe Department

  • 8/7/2019 Report of Freight by Gulzar

    3/81

    3

    STUDENT DECLARATION

    This projecthasbeenunder taken as a partial fulfillment of the requirements forthe award of the degree of MASTER OF BUSINESS ADMINISTRATION

    from UttarPradeshTechnical University, Lucknow.

    Ideclarethatthis projectismy original work andthe analysis and finding are for

    academic purpose only. This project has notbeen presented in any seminar or

    submittedelsewhere forthe award ofdegree ordiploma.

    (GULZARHUSAIN)

  • 8/7/2019 Report of Freight by Gulzar

    4/81

    4

    PREFACE

    This projectisbeingsubmittedinthe partial fulfillment ofthe requirement of the

    Master Degree of Business Administration ofTeerthanker Mahaveer Institute of

    Management & Technology Moradabad. It is the outcome of the work I have

    undergone at AcmeTelePower Ltd. (SIDCUL)

    Today "itis acknowledged and widely accepted facts" thatbesidemoney,material

    and machine success of any organization greatly depend upon the quality of

    "Accounts & finance."

    Accounts and Finance plays animportant role for prolongeddevelopment:

    y To recordthe financial statement ofthecompany.

    y Getintuned withthecompetition.

    My Topic is concern with Freight analysis on Acme Telepower Ltd. Rudrapur

    (Sidcul)

    This project provided me an opportunity to understand companies accounts and

    finance ofthe organization.

  • 8/7/2019 Report of Freight by Gulzar

    5/81

    5

    Index

    Sr.

    No.

    TABLE OF CONTENTPg. no.

    1. ACKNOWLEDGEMENT 6

    2. EXECUTIVESUMMARY 7

    3. SOCPE OF THEPROJECT 8

    4. RESEARCH OBJECTIVE 9

    5. COMPANEY PPROFILE 10

    6. RESEARCH MATHODOLOGY 45

    7. DATA ANALYSIS AND INTERPRETATION 51

    8. FINDINGS 67

    9. CONCLUTION 69

    10. SUGGESTIONS 71

    11. LIMITATIONS 73

    12.BIBLIOGRAPHY

    75

    13. QUESTIONNAIRE 77

  • 8/7/2019 Report of Freight by Gulzar

    6/81

    6

    ACKNOWLEDGEMENT

    Itis our pleasantduty of acknowledge our feelings ofgratitudeto those who had

    been aninstrumentinsome way or others,inbringing out whatis presentedinthis

    study.

    I feel an immense pleasure and sense of gratitude regarding the help and co-

    operation whichI received fromDr. Sonia Gupta andmy respected faculty Mr.

    Anand Joshi , Faculty of Teerthanker Mahaveer Institute of Management &

    Technology Moradabad and all the faculties of management and number of

    personnel of Acme Telepower Ltd. Rudrapur (Sidcul) during the course of

    collection ofdata.

    I amhighlygrateful andexpress oursinceregratitudeto Mr. Nayar (Asstt. H.R.

    Manager) and Mr. B.S. Sehrawat (Head of H.R. Acme) for giving me an

    opportunity to work under their guidance and who have been kind enough

    throughout my training and without whom it would not havebeen possible to

    complete our projectinthe present form.

    Finally, I am thankful to our family and friends, who directly or indirectly

    extendedtheirvaluablesupportto thisendeavor.

    ( GULZARHUSAIN)

  • 8/7/2019 Report of Freight by Gulzar

    7/81

    7

    EXECUTIVE SUMMARY

    This projectisbeingsubmittedinthe partial fulfillment ofthe requirement of the

    Master Degree of Business Administration ofTeerthanker Mahaveer Institute of

    Management &Technology Moradabad.

    It is the outcome of the work I have undergone at Acme Tele Power LTD.

    Rudrapur (SIDCUL).

    Today "itis acknowledged and widely accepted facts" that Finance and Accounts

    is animportant part ofthe organization.

    My Topic is concern with analysis of freight on Acme Tele Power LTD.

    Rudrapur (SIDCUL). Anddid survey on transportcompanies they are operating

    through, vehicles they are generally using, the distribution point of those

    companies, what are the problems they are facing at present while working with

    the presenttransportcompanies and what aretheirneeds further andscope ofcold

    chain.

    This project provided me an opportunity to understand Companys Accounting

    and Finance as well as inward and outwardcharges of freight procedures of the

    company.

  • 8/7/2019 Report of Freight by Gulzar

    8/81

    8

    SCOPE OF THE PROJECT

    Thestudy is related to learn the process of Freight analysis of the AcmeTele

    Power LTD. Rudrapur (SIDCUL).

    Freight is major cost head of the Acme Tele power Ltd. This is the effort to

    reduce this head to thebest possible extent in order to reduce its cost of the

    product. The organization paystwo types of freight whichincludes freightinward

    and freight outward.

    Freightinwardisthe amountthatis paidbythecompany for acquiringgoods like

    raw material, advertinggoods of forbringing finishedgoodsinthecompany. Like

    wisethebeveragesinits product portfolio.

  • 8/7/2019 Report of Freight by Gulzar

    9/81

    9

    RESEARCH OBJECTIVE

    y The objective of the study is to find out the various methodologies and

    procedures adoptedby thecompany and to identify itsneeds andvarious

    facts of flows of accountingsystem ofthe organization.

    y To identify the various type of the freight in the Acme Tele power Ltd.

    Rudrapur

    y To identifythePrimary andSecondary Freight againstEMSSite Deliveries

    of the raw materials ofthecompany

    y To identify theunloading and re-loadingcharge of the AcmeTele power

    Ltd.

    y To studythe freight and logistics ofthecompany as well as learning about

    the Freightcharges ofvarioustransportation & bill passing process.

  • 8/7/2019 Report of Freight by Gulzar

    10/81

    10

  • 8/7/2019 Report of Freight by Gulzar

    11/81

    11

    COMPANEY PPROFILE

  • 8/7/2019 Report of Freight by Gulzar

    12/81

    12

    BASIC INFORMATION

    Company Name: ACMETELEPOWER LTD

    BusinessType: Manufacturer

    Product/Service: Coldstorageunits, DC AirConditioners,Telecom

    Shelter A. C.

    Number of

    Employees:501 1000 People

    Trade & Market

    Main Markets:

    North America

    South America

    WesternEurope

    EasternEurope

    Eastern Asia

    Southeast Asia

    MidEast

    Africa

    Oceania

  • 8/7/2019 Report of Freight by Gulzar

    13/81

    13

    TheCompany wasincorporated as ACMETelePowerPrivate Limited on January

    14, 2003 undertheCompanies Act withthe Registrar ofCompanies, NCT at New

    Delhi. It was converted into a public limited company on August 29, 2005 and

    consequentlythename waschangedto ACMETelePower Limited.

    ACMETelepowers operates through its worldclass,mainmanufacturing facility

    at Pantnagar, Uttarakhand as well as another plant at Parwanoo in Himachal

    Pradesh. The Pantnagar plant spreads over 28 acres. It incorporates modern

    equipment and a high level of automationequipment and a plant includes a fully

    automatedPUF panel manufacturing line (PUMA) fromItaly, automated lines for

    air conditioners, power interface units, line conditioning units,battery chargers

    etc. Theirmanufacturing facilitieshave a combineddaily outputcapacity of 250

    PIU, 210 Shelters, 276 PCMs and 140 ACs.

    The plant provides a green factoryenvironment to compliment itsgreen product.

    They employ n- pentane as a foaming agent instead of ozone depleting

    chlorofluorocarbons in our operations to provide a green environment friendly

    ambience.

    The ACMEgroupscorporate office andtwo manufacturing facilities arecertified

    asISO 9001:2001 complaints.

    The ACME group today is a leader in the field of innovative solutions for the

    wireless telecom industries,coldchainmanagementsystem, alternateenergy and

    waste watertreatment. It pridesitself as a trailblazerinthedevelopment ofgreen

    technologiesi.e. solutionthat fulfill societal needsbybeingenergyefficient,cost

    effective andcapable ofdelivering a quick return oninvestment withoutimpacting

    theenvironment adversely.

  • 8/7/2019 Report of Freight by Gulzar

    14/81

    14

    The ACMEgroup haditsinceptionin 2003 with ACMETelePower Ltdthrough

    thevision ofits founder, Mr. Manoj Kumar Upadhyay, who dreamt of providing

    radically new technology solutions rather than making incremental changes to

    existing technologies through a fierce commitment to research anddevelopmentand a passionto preservetheenvironmentbyenergyconservation.

    ACMEs principle differentiator is its ability to provide end to end solution as

    compared to partial solutions providedby the competition. It has pioneered the

    green shelter concept which is a complete package to fit various environment

    andtemperature parameter attelecomsites. Theseuniqueshelterscome with and

    optimal cooling, powers and thermal management system, avoiding the running

    system likediesel generators. Thesystem produces operational costby asmuch as

    40% ascomparedto conventional shelters andcontributestowards reducinggreen

    housegasemission. Everyyear, ACME productssave around 2 millionunits of

    power and over 100 ML ofdiesel oil.

    The ACMEgroup isnearly reliant onits R&D initiatives atits research activities

    arecarried out inmodem 2500 sq foot facilities at Manesar,Haryana employing

    nearly 100 qualifiedengineers. Thecompany also benefits from researchcarried

    outsinitsestablishmentsinCanada & US.

    An acknowledged leader in telecom passive infrastructure, telecom powers

    solutions and telecomenclosuresystem, ACMEssolution and products portfolio

    have a wide range ofusagebeyond the telecommunication industries. Thegroup

    hasundertaken initiatives to produce revolutionary cutting edge energy efficient

    solutions in others sectored as well. Its patented technology in thermal

    management providescoldstoragesolutions for fruits,vegetables,vaccines,blood

    plasma etc which were hitherto department on DG set power to maintain

    temperatureduring power failure.

  • 8/7/2019 Report of Freight by Gulzar

    15/81

    15

    At ACME, innovation is the very life-blood of our existence be it in our

    technologyinitiatives, products orsolutions. Overtheyears, ourinnovationshave

    led to the development of energy-efficient, environment-friendly and cost-

    effective products and solutions for various sectors including TelecomInfrastructure,Power Generation, AlternateEnergy,ColdChainmanagement and

    Environment.

    The ACME Grou p prides itself as a trail-blazer in the development of `green

    technology. Wehave pioneeredthe GreenShelter concept, whichis a complete

    package to fit the various environment and temperature parameters for passive

    infrastructure in the telecom industry. We have also developed a slew of

    innovative products and solutions like nano-cooled shelters and other telecom

    shelters, fuel cells, water treatment plants, ultra-modern refrigeration and cold

    storage products, powerinterfaceunits andthermal managementsystems.

    TheCompany todayenjoys an international presence in several countries around

    the world,throughits ownestablishments,channel partners, and associates.

  • 8/7/2019 Report of Freight by Gulzar

    16/81

  • 8/7/2019 Report of Freight by Gulzar

    17/81

    17

    Overview

    ACMEtodayis a leaderinthe field ofinnovativesolutions forthe wireless

    telecommunicationsindustry, alternateenergy and waste watertreatment. It prides

    itself as a trailblazerinthedevelopment ofgreentechnologies,i.e. solutionsthat

    fulfill societal needsbybeingenergyefficient,costeffective andcapable of

    delivering a quick return oninvestment, withoutimpactingtheenvironment

    adversely.

    ACMEhaditsinceptionin 2003 with ACMETelePower Limitedthroughthevision

    ofits founder, Mr. Manoj Kumar Upadhyay, who dreamt of providing radicallynew

    technologysolutions, ratherthanmakingincremental changesto existing

    technologiesthrough a fiercecommitmentto Research & Development and a

    passionto preservetheenvironmentbyenergyconservation.

    ACMEs principal differentiatorisits abilityto provideend-to-endsolutions as

    comparedto partial solutions providedbythecompetition. Ithas pioneeredthe

    GreenShelterconcept, whichis a complete packageto fitvariousenvironment and

    temperature parameters attelecomsites. Thisuniquesheltercomes with an optimal

    cooling, power andthermal managementsystem, avoidingthe running ofbackup

    systems likediesel generators. Thesystem reduces operational costsby asmuch as

    40 percent ascomparedto conventional shelters andcontributestowards reducing

    greenhousegasemissions. Everyyear, ACME productssave around 2 millionunits

    of power and over 100 ML ofdiesel oil.

    ACMEisheavily reliant onits R&D initiatives andits research activitiesin Gurgaon

    facility,employingnearly 100 qualifiedengineers. Thecompany also benefits from

    researchcarried outinitsestablishmentsinCanada andthe UnitedStates.

  • 8/7/2019 Report of Freight by Gulzar

    18/81

    18

    ACMEs offices, factories and research facilities, arecertified asISO 9000:2000

    compliant anditisinthe process of obtainingISO 14001 certification forits

    environmentinitiatives. An acknowledged leaderintelecom passiveinfrastructure,

    telecom powersolutions andtelecomenclosuresystems, ACMEssolutions andproduct portfolio have a wide range ofusagebeyondthetelecommunications

    industry. Thecompanyhasundertakeninitiativesto provide revolutionarycutting

    edge,energyefficientsolutionsin othersectors as well.

    An acknowledged leaderintelecom passiveinfrastructure,telecom powersolutions

    andtelecomenclosuresystems, ACMEssolutions and product portfolio have a

    wide range ofusagebeyondthetelecommunicationsindustry. The Group has

    undertakeninitiativesto provide revolutionarycuttingedge,energyefficient

    solutionsin othersectors as well. Its patentedtechnologyinthermal management

    providescoldchain andstoragesolutions for fruits,vegetables,vaccines,blood

    plasma,etc. which werehitherto dependant on DG set powerto maintain

    temperaturesduring power failures.

    Based onextensive research atits facilitiesinCanada, ACMEhas recentlybroken

    new groundbyundertaking a projectto setup the firstcommercial fuel cell

    manufacturing plant which will have widespread applicationsin residential,

    commercial andtelecomsectors. This cleanenergyventure, whichiscapable of

    delivering 100MW of power annually, will createnew dimensionsindistributed

    energy andsubstantially assistin reducinggreenhousegases whichcontributeto

    Global Warming. ACMEhas also developedunique waste-watertreatment facilities

    bydevelopingtechnologiesthattransformsewageinto usable water. Thesystemis

    based onusingnon-toxic andnon-hazardouschemicalsdrasticallycuttingdown

    energyconsumptionthrough patented processes.

  • 8/7/2019 Report of Freight by Gulzar

    19/81

    19

    Quality policy of ACME:

    We in ACME are committed towards achieving customer satisfactionthroughExcellenceinboth product andservicequality.

    Thisshall bedeliveredthrough:-

    Zero defect products.

    Multiskillingthroughtraining.

    Venderupgradationtowards D.O.L.

    ProcessInnovation andImprovementthrough Kaizen.

  • 8/7/2019 Report of Freight by Gulzar

    20/81

    20

    VISION

    Launch products / technologies that are Innovative and NOTsimply incremental

    improvementsto existing products/technologies

    Focus onsolving problemsthatcan:

    SaveEnergy

    EnhancetheEnvironment

    BenefitSociety

    Design products that have a return on investment for customers in 15 to 24

    months. Spawn synergistic businesses from our telecom core that have the

    potential to transformtheir respectiveindustries

    MISSION

    Ourmissionisto provideinnovativesolutionsto customersusingenergy-efficient,

    environmentally-friendly andcost-effectivemethods.

    ATPLsturnkeysolutions rely on advancedtechnology and flawlessservice

    to addresstheuniqueneeds ofthe wirelesstelecomindustry.

  • 8/7/2019 Report of Freight by Gulzar

    21/81

    21

    THE INNOVATORS

    Core Team that makes ACME Tick

    Atthecore of anygreatcompany lies a team ofvisionaries andinnovators who

    consistently andconstantlystrivetowards achieving aims andgoalsthat are

    extraordinary. Hereis a briefintroductionto thetechnocrats andmanagement

    teamthathavemade what ACMEistoday anddefining whatit will beinthe

    future.

    Manoj Kumar Upadhyay Founder & Managing Director

    Engineer

    Atul SabbarwalChief Operating Officer, US Operations

  • 8/7/2019 Report of Freight by Gulzar

    22/81

    22

    BOARD OF DIRECTORS

    ManagementTeam

    Manoj Kumar Upadhyay, Founder and ManagingDirector

    r. Upadhyay,Promoter and Managing Director of ACMETele

    Power Limited,has over 14years ofexperienceinthe

    power andtelecomsectors. Earlier, as researchengineer and,

    later, astechnical head withthetelecom powercompany,

    Benning Gmbh, Germany, Mr. Upadhyaysuccessfully ledthe

    modification and adaptation ofseveral critical powersystemsto

    suitIndian requirements. Hestarted AdhunikPowerSystems

    Private Limitedin 1999,to develop lightningsurge protection

    systems fortelecomsites. In 2003,he founded ACMETele

    Power Limitedto provideinnovative,energyefficient,

    environment friendly products for passivetelecom

    infrastructure. Heistheinventor of five patented product

    innovations and processesinthis area. Mr. Upadhyayis alsomember oftheExpertCommittee onScience & Technology and

    Innovation ofthe AssociatedChambers ofCommerce and

    Industry ofIndia (ASSOCHAM).

    Sandeep Sethi, Chief Executive Officer

    Mr. Sethiheadstheglobal business of ACMETelePower Ltd.,

    Hebrings withhim a rich anddiversifiedexperience of almost

    20 years with MNCsinindustrial/commercial B2B industries,

    having workedinthe US,Singapore,China andIndia. Before

    oining ACME, Mr. Sethi wasPresident of UnitedTechnologies

  • 8/7/2019 Report of Freight by Gulzar

    23/81

    23

    forCarrierCommercial Refrigeration's Asian operations. Prior

    to that,he was with JohnsonControls, whereheheldvarious

    roles ofincreasing responsibilities. Inhis last role at Johnson

    Controls,heserved as VicePresident fortheServices andEnergy Management operations across Asia. Hehas a B.S. &

    M.S.in Mechanical Engineering and an MBA fromthe US.

    R. Sampath, Chief Financial Officer

    R. SampathistheCFO responsible for financial plans forthe

    company. Heis a Commerce Graduate and a Chartered

    Accountant. Hebrings withhimmorethan 28years of work

    experience with organizations likeCarrier, Moser Baer,Samtel.

    Amajit Gupta, EVP S&M Product & Solutions

    Mr. Gupta istheExecutive VicePresidentSales and Marketing

    andis responsible forsales andmarketing operations forIndia ,

    SAARC and Asia . Thisincludes all ATPL solutions, products

    andservicessoldinthe regionincluding,customer account

    management andsolutionsteamsin ATPL. Heis anElectronics

    Engineer. Hebrings withhimmorethan 21 years of rich &

    diverseexperienceinglobal telecomcompanies & IT which

    covers running largeP&Ls,deploying largesizetelecom

    projects,incubatingnew market,makingdeals andbuilding

    large professional global teams. Sales,businessdevelopment,

    emergingmarket andtechnology arehisspecialties. Duringhis

    professional journeyhehas workedin premierglobal MNCs

    likeTata Unisys, Motorola-South Asia Cellul Communications.

  • 8/7/2019 Report of Freight by Gulzar

    24/81

    24

    Dinesh Bahal, Executive Vice President

    Mr. Bahal headsInternational sales & marketing for ACME

    TelePower Ltd. Hebrings over 25 years ofexperienceinhightechnologyindustries. Before ACME,he worked forSun

    MicrosystemsInc. as VicePresident of partners andindustries

    forsun'semergingmarkets organisation, wherehe was

    responsible fordefining andimplementingSun'sstrategy for

    growthvia partnersinemergingmarkets. Mr Bahal is a science

    graduate and an MBA fromtheXLRI, Jamshedpur.

    Atul Sabharwal, Chief Operating Officer, USOperations

    Mr. Sabharwal hasbeen a part of prestigiousglobal entitiessuch

    asthe BostonConsulting Group,PricewaterhouseCoopers,IBM

    andTime Warner. Hehas 15 years ofcorporateexperience.

    Underhisguidance, ACMETelePowerhasbeenexpandingits

    global presence and also tyingup profitableventures. Mr.

    Sabharwal is an MBA fromthe renowned WhartonSchool,

    University ofPennsylvania, USA andthe Australian Graduate

    School of Management.

  • 8/7/2019 Report of Freight by Gulzar

    25/81

    25

    OPERATIONS

    Spheres of Innovation

    The corporate office of the ACME Grou p ofcompanies is based inGurgaon,inthestate ofHaryana in NorthernIndia with a nationwidenetwork of4

    regional offices and 14 othersales andservice offices, whichserve all majorhubs

    and telecom circles. ACME also has international offices in the USA, Canada,

    Sweden, Singapore and Indonesia. In addition, we have a presence in over 20

    countriesthroughdesignatedchannel partners anddistributors.

    Interms ofmarketing,sales,installation and aftersalessupport,the ACME

    Group has the requisite andhighlyskilledmanpower in all 23 telecomcircles in

    thecountry whichessentiallymeansthatitis totallygearedup to provideend-

    to-endsolutions andsupport for any of our innovative technological solutions in

    any part of India. Andgiven its international associations and ourexperience of

    operatinginsuch a vastnation, we are well-equippedto handlethesameinthe 20

    morecountries acrossthe world.

    The ACME Groups corporate office and 3 manufacturing facilities are

    certified asISO 9001:2000 compliant.

  • 8/7/2019 Report of Freight by Gulzar

    26/81

    26

    INFRASTRUCTURE

    Innovations Playground

    Acmes 3 manufacturing facilities spread over 500,000 square feet of space,

    are equipped with state-of-the-art infrastructure for manufacturing and product

    testing. Themanufacturingbase recentlysetup in Uttaranchal (India) isthe largest

    automatic productionunit ofits kindin Asia.

    ACMEhas its main manufacturing plant in Pantnagar and other facilities in

    Parwanoo and Manesar. Highlights ofits plantsinclude:

    A fully-automated state-of-the-artPanel Manufacturing line fromPUMA,

    Italy

    ShelterPanel processingunit fromTekna,Italy

    Conveyor-based lines formanufacturing:

    AirConditioners

    PowerInterface Units

    LineConditioning Units

    BatteryChargers and othersub-assemblies

  • 8/7/2019 Report of Freight by Gulzar

    27/81

    27

    CUSTOMERS

  • 8/7/2019 Report of Freight by Gulzar

    28/81

    28

    COMPETITORS:

    DELTA -Delta group holdstheno. 1 switching power. Thecompanyshipped

    its firstswitching powersupplyin 1980 & by 2002, Delta hadbecomethe worlds

    largest provider of MerchantSwitchingPowersupplier withmarketshares of over

    50% inServerPower Market & 35% inthenotebookmarket.

    PRODUCT CATEGORY

    SwitchingPowerSupplier

    DC/DCconverters

    UPS

    TelecomPower

    AC/DC Adaptors

    Energysavingballasts

    Custom powersupplies

    The 97.5% efficiency of DeltasPhotovoltaicInverters, forexampleisthehighest

    achievedclassinitsclassso far.

  • 8/7/2019 Report of Freight by Gulzar

    29/81

    29

    EXECUTION

    SHIPPING

    HO PLANNING

    MARKETING

    PUNCH S.O.

    PRIORITY

    P.P.C.

    LOGISTICS

    DOCUMENTATION

    INVOICE VARIFICATION and

    DISPATCH

    PRODUCTION

    FINISHED GOODS INVENTORY

    MANAGEMENT

    SERVICE PROVIDER RESOURCES

    LINE UP

    PROJECTION

    CLEARANCE

    PROJECT PLAN

    ORGANIZATIONAL FLOW CHART OF ACME

  • 8/7/2019 Report of Freight by Gulzar

    30/81

    30

    PLANT HEAD

    BILLINGSIFT AF.G. RECEPIT

    F.G. WAREHOUSING

    F.G. ISSUE

    INVOICE PROCESS CRMLOGISTICSOPERATIONS

    SENIOR MANAGERLOGISTICS

    FINISHED GODDS &EXPORT

    HEAD LOGISTICS

    SIFT B

    SIFT C

    EXPORT PACKING

    WAYBILL St.REPORT

    DAILY TRACKING

    MIS

    SUPPORT SERVICES

    ORGANIZATIONAL STRUCTURE OF LOGISTICS IN ACME

  • 8/7/2019 Report of Freight by Gulzar

    31/81

    31

    Board OfDirectors

    ManagingDirectorManoj Kumar Upadhya

    HeadNewBusiness&CorporateAffairsKapilKathpalia

    CEOSanjay Dhawn

    DirectorFinance&CorporateStrategy

    SunilSethy

    CFOS. Aggarwal

    H.R.S.M. Arif

    LegalG.N.Pareek

    I.T.RomyChopra

    CommunicationBarunBanerji

    HeadKeyAccounts

    Bharti&Indonesia

    Aircel

    Vodafone

    Bangladesh

    Africa

    SolutionDevelopment

    HeadSales&ServiceDelivery

    RMSouth

    RMWest

    RMEast

    RMNorth

    EnergyManagement

    Services

    B.M.Central

    HeadOperationsRudrapur

    Head Innovation&Opex

    HeadProcurement

    Quality Expat

    HeadOperationsParwanoo

    PCBManesar

    Mfg.Technology

    NewProjects

    HeadMfg.Tech. & Procurement

    TSPIndiaR & D Special Project

    ACMEs MANAGERIAL ORGANIZATIONAL STRUCTURE

  • 8/7/2019 Report of Freight by Gulzar

    32/81

    32

    PRODUCT PROFILE

    ACMETelePower Ltd. wasincorporatedin 2003. Thecompany wasestablished with a

    mission to provide innovative and creative solutions to hitherto unaddressed

    infrastructure- and power-related problems facedby telecom operators in thecountry.

    The idea was to provide solutions that are cost-effective, environment-friendly, and

    reliable anddelivered a quick ROI.

    Based on the commitment to R&D and innovation, ACMETelePower converted its

    vision and mission into tangiblebusiness realityby launching a spate of unique and

    original products that clearly addressed the pain points of the telecom operators. Our

    success in this endeavor isborne outby the fact that some of the largest telecom

    companies in the world like Nokia and Airtel are users of our passive infrastructure

    solutions.

  • 8/7/2019 Report of Freight by Gulzar

    33/81

    33

    Products

    As on date, ACME Tele Power boasts of a rich and variegated portfolio of cost-

    effective andinnovative productsbased onthemoderntechnologies. Theseincluded

    There are a manytype ofthe productto pruducethe AcmeTelpower Ltd.

  • 8/7/2019 Report of Freight by Gulzar

    34/81

    34

    Green Shelter

    Power Interface Unit

    Line Conditioner Unit

    Thermal Management System with PCM

    AC with Free Cooling

    Heat Exchanger

    Battery Life Enhancer

    Alkaline Fuel Cells

    Battery Cooler

    NACC Compressor less Air Conditioner

    Each of the organizations products considerably reduce the dependence on diesel

    generators for cooling requirements during power outages, and provide stable power

    supply

  • 8/7/2019 Report of Freight by Gulzar

    35/81

    35

    Green Shelter 1

    ACMEs GreenShelterhousesthe BTS andelectronicequipment. Itcomes fitted with

    PIU,PCM and efficient AC systems, providing4 to12 hrs of thermal backup, which

    reducesenergycosts persite.

    The Green Shelters Fiber Reinforced Plastic (FRP) outer skin provides greater

    insulation, is longer lasting and offers better thermal resistance to solar gain than

    conventional shelters.

    Benefits of Shelter

    y Average powersavings: 3,120 unit/year/site

    y 70% ofsolar radiationis reflectedbackto theenvironmentusing Nano-coated

    PUF panels

    y Providessafe operatingenvironment (temperature anddust particle)

    y Air and watertightto achieveIP55 level protection

    y Quickinstallationtimehelpsin faster roll out ofshelters

  • 8/7/2019 Report of Freight by Gulzar

    36/81

    36

    Thermal Management System with PCM

    AcmesThermal ManagementSystem (TMS) serves as an alternative thermal energy

    back-up fortelecomsites,during power failuresusingintegratedelectronicequipments

    and Phase Change Material (PCM) TMS reduces the need to run high-cost diesel

    generators for air conditioning during power failures. The TMS system can be

    successfully deployed in a variety of industrial applications like the cold storage

    management andtransit refrigeration for pharmaceutical, food & beverage,vegetable &

    fruitsindustriesetc.,

  • 8/7/2019 Report of Freight by Gulzar

    37/81

    37

    Power Interface Unit(PIU)

    Acmes Power Interface Unit (PIU) provides complete AC power management for

    telecom sites including voltage, phase selection and surge protection. The product

    employs static, electronic parts which require lower maintenance compared with

    traditional mechanisms. It integrates all essential components of a site into a single

    compact rack to support total automation. ACMETelePowerholds a patent for this

    productuntil 2024.

    Lightning andSurgeProtector

    Telecommunicationsshelters and towers aresusceptible to variousenvironmental and

    power-related hazards such as lightning and voltage surges. The phenomenon of

    lightningis a random,chaotic anddangerous act ofnature. Itis anunpredictableevent,

    whoseeffectscanbedirect orindirect. During lightning, pulses of amplitude ~200 KA

    with waveshape of 10/350 microns aregenerated.

    ACMETelePower Ltd. provides lightning andsurge protection to telecommunication

    equipment. It offers a dynamic, external lightning protection device, which is radio

    quiet and its operation only occurs during lightning. ACME also provides internal

    lightning andsurge protectionsystems.

  • 8/7/2019 Report of Freight by Gulzar

    38/81

    38

    AC with free cooling

    ACME Tele Power manufactures an energy-efficient air conditioning solution

    optimized for theTelecom Industry. The FreeCooling AC isbased on a filter less

    technology and asthenamesuggests,itcoolsthesheltereven without runningthe AC

    when the ambient temperature falls below 25C. This is achieved by constantly

    releasing the trappedheat inside theshelter and rationalizing temperature imbalances,

    bysensingthedifferencebetweeninside & outsideenvironment.

    Controller Features

    y Cancontrol up to two AC and one freecoolingunit

    y Temperaturecontrol

    y Humiditysensor

    Structural Features

    y Wall mountedunit

    y Frontdischarge

    y Easyinstallation,maintenance andservice

  • 8/7/2019 Report of Freight by Gulzar

    39/81

    39

    Battery life Enhancer

    ACMEhasbrought forthetelecomsector,thetechnology whichnot onlysavesenergy

    but also increasesthe lifespan andmaximizesthe performance of thebatteries. It also

    keepstheenclosureclean andhygienic. The Battery LifeEnhancer works on a simple

    principle of assigningseparateclimatezonesin a singleelectronicenclosure. A separate

    battery compartment for power racks and free-standingbattery compartments for the

    batteries arecombinedindeveloping a constanttemperature. Thebatteries'cooling and

    heatingunits are poweredby48VDC. They areheated at a constanttemperature of 22

    to 25C whichenhancesthe life as well asthe performance ofthebatteries. The patent

    combinesmicro climateinthebatterycompartment andmacro climateintheelectronic

    enclosure to operate in a constant temperature. It also combines a special shelter

    solution and a normal shelter in theshade. This isvery advantageous for freecooling

    throughoutthe world.

  • 8/7/2019 Report of Freight by Gulzar

    40/81

    40

    Line conditioner unit (LCU)

    ATPL also supplies other products to complement the telecomenclosure applications.

    Theseinclude

    LineConditioner Units (LCUs)

    BatteryCoolers (which is part of our GreenShelter 2 solution for thedomestic

    market andexport pipeline)

    LineConditioner Units (LCUs) are a sub-component ofthePowerInterface Unit

    (PIU) and aredeployedinthenon-telecomspaceinIndustrial applications where

    a 1% voltage regulationis required

  • 8/7/2019 Report of Freight by Gulzar

    41/81

    41

    Heat Exchanger

    Acmes HEAT EXCHANGER, appropriately called Cool Zone, is an electro-

    mechanical air handling system. It uses ambient energy for thermal management of

    telecom shelters & electronicenclosures or any otherenclosedunit. Ithelpsmaintain

    thetemperatureinsidethetelecomshelter withthehelp of ambient air-cooling. Theheat

    exchanger comprises of two circulating fans and two radiator fans, operating on DC

    Voltage. It isdesigned to save power consumedby air conditioners for reducing the

    heatgenerated fromelectronicequipment inside the telecomshelter. Operatingcostis

    very low as itconsumes a fraction of theenergy required to run a similarcapacity air

    conditioner.

  • 8/7/2019 Report of Freight by Gulzar

    42/81

    42

    Alkaline Fuel Cells

    ACMEs Alkaline Fuel Cells are a reliable,highqualitysource of power, offeringease

    of mobility, modularity and scalability for the telecom industry. Running on pure

    hydrogen,they are a zero emission powersource.

    Thetechnologydevelopedby ACMEisbased on research anddevelopment workcarried out at

    facilities near Toronto, Canada, of Group associate MKU Canada Inc. ACME Tele Power

    Limited has entered into a Technology Transfer Agreement as of September 25, 2007 for

    manufacturing ofthese fuel cells.

    ACMEs Fuel Cells are a reliable andhighqualitysource of power offeringtheease of

    modularity and scalability. Widespread applications not only in telecombut also in

    residential,commercial and otherindustrial sectors.

    Product Features

    Pollution free,nearlyno GreenHouse GasEmissions

    Low weight andnoise levelCompact andmodularsolution

    Quickstart,eveninsubzero temperatures

  • 8/7/2019 Report of Freight by Gulzar

    43/81

    43

    Battery Cooler

    ACME Battery Cooler maximizes the lifespan of expensive telecom batteries and

    resultsin a quick ROI.

    Acmes Battery Cooler achieves the savings by maintaining the site battery enclosure

    temperature within thespecified limit. Thishelps to increase thedurability andmaximize the

    performance of thebatteriesenclosed. ACME BatteryCooler isdesigned for thecooling of

    battery cabinets with IP54 protection level and is suitable for operating in industrial

    environments. Its use eliminates problems causedby high temperatures, dirt and humiditywhich are present in the environment as well as those generatedby thebatteries and other

    products.

    ACME Battery Cooler is designed for the cooling of battery cabinets with IP54

    protection level and is suitable for operating in industrial environments. Its use

    eliminates problemscausedbithightemperature,dirt andhumidity.

    Product

    Product Features Ultra compact

    AestheticallyPleasing Design

    Availablein AC and DC

  • 8/7/2019 Report of Freight by Gulzar

    44/81

    44

    NACC Compressor Less Air Conditioner

    The ACME Group, which is focused towards providing innovative, energy efficient

    products,hasintroducedthe NACC,Compressor less,CFC free AC, forthe firsttimein

    India.

    The new AC uses an aqueous medium as cooling fluid instead of harmful chemical

    refrigerants. Itiscompressor less,thus facilitatingminimum powerconsumption andis

    emission free, making it a unique, environment friendly, energy saver. The new AC

    which is being manufactured in several variants and sizes will find use in both

    commercial anddomestic applications andcanbecustomized for optimumusage.

    Using the unique Non Adiabatic Compressorless Cycle technology, ACME has

    developed a highly advanced and energy efficient cooling solution. It is eco friendly

    anduses an aqueousmedium ascooling fluid instead ofharmful chemical refrigerants

    whichdeplete ozone layer.

  • 8/7/2019 Report of Freight by Gulzar

    45/81

  • 8/7/2019 Report of Freight by Gulzar

    46/81

  • 8/7/2019 Report of Freight by Gulzar

    47/81

    47

    RESEARCH PROBLEMS

    The data collection phase of this project for framing effective work lifebalance

    strategies for AcmeTelepowers Ltd. Rudrapur (Sidcul) employees wasdifficult and

    prone to error. Someemployees werenot available for feedbacksession. Some of

    them refused to cooperate due to lack of time and loads of work. Also, some

    employeeshadbiased ordishonest answers.

    SOURCE OF DATA:

    Thedata collected for the project work are from two sources that is primary and

    secondarysources.

    y PRIMARY SOURCES

    Forthis researchIhave followedthestructure personnel interviews afterdecidingto

    carry out a survey researchbyselectingsample from the population of the AcmeTelepowers Ltd. Rudrapur (Sidcul). The opinion ofemployees wascollectedusing

    appropriate questionnaire. This observation wasbrought about with the help of

    attention and perception.

    y SECONDARY SOURCES

    The secondarydata werecollected from the internet and themanual published as

    Annual Reportetc. ofthecompany

  • 8/7/2019 Report of Freight by Gulzar

    48/81

    48

    RESEARCH DESIGN

    A researchdesignisthe arrangement ofcondition forcollection and analysis ofdata

    that aimsto combine relevanceto the research purpose witheconomyin procedure.

    Itconstitutesthetransparency forthecollection,measurement and analysis ofdata.

    Conclusive Research

    It is designed to choose among various possible course of action i.e. to make

    decision. The researchdone forconclusionisbased onthe resultsdrawn out ofthe

    questionnaire, andthen figuring outthe actual situationthroughseveral pie-charts.

    Research instrument

    In this project, thestructured instrument isused which is a planned, formal list ofquestionnaire wherethequestions were askeddirectly fromtheemployees.

    a. Literature review

    Thismaybe an attemptto summarise orcomment on whatis already known

    about a particulartopic. Bycollectingdifferentsourcestogether,synthesising

    and analysingcritically,itessentiallycreatesnew knowledge or perspectives.

    There are a number ofdifferent forms a literature review mighttake.

    b. Case study

    This will involvecollectingempirical data,generally from only one or a small

    number of cases. It usually provides rich detail about those cases, of a

    predominantlyqualitativenature. There are a number ofdifferent approaches

    to case study work (e.g.,ethnographic,hermeneutic,ethogenic,etc) and theprinciples andmethods followedshouldbemadeclear.

  • 8/7/2019 Report of Freight by Gulzar

    49/81

    49

    c. Survey

    Where an empirical study involves collecting information from a larger

    number of cases, perhaps using questionnaires, it is usually described as a

    survey. Alternatively, a survey might make use of already available data,

    collected for another purpose. A survey may be cross-sectional (data

    collected at one time) or longitudinal (collected over a period). Because of

    the largernumber ofcases, a survey will generallyinvolvesomequantitative

    analysis.

    SAMPLE TECHNIQUE

    Samplingis a technique whichhelpsusin providing a solution of a given problem

    is a lesser amount oftime at a lessercostbystudying a subpart (small section) ofthe

    population and withoutusingmuch oftheefficiency.Inthis project,non-probabilityconveniencesamplingis adopted.

    SAMPLE SIZE

    Thesamplesize forthis projecttakeninto considerationis80.Research type : Conclusive Research

    Sampling : Non-probability

    Sample size : 80

    Area of the study : Rudrapur

    Period of the study : 45 Days

  • 8/7/2019 Report of Freight by Gulzar

    50/81

    50

    HYPOTHESIS

    A hypothesis consists either of a suggested explanation for an observable

    phenomenon or of a reasoned proposal predicting a possible causal correlation

    among multiple phenomena. The term derives from the Greek, hypotithenai

    meaning "to putunder" or "to suppose." Thescientificmethod requiresthat onecan

    test a scientifichypothesis. Scientistsgenerallybasesuchhypotheses on previous

    observations or on extensions of scientific theories. Even though the words

    "hypothesis" and "theory" are often used synonymously in common and informal

    usage, a scientifichypothesisisnotthesame as a scientifictheory.

    NULL HYPOTHESIS

    The Null Hypothesis ofthis project reportisthatthereis a positive result ofmaking

    company survey in order to make effective use of manufacturing. Telecom

    Shelter A. C.

    ALTERNATE HYPOTHESIS

    The Alternate Hypothesis of this project report is that there is a positive

    relationship betweencustomers and Acmecompany

  • 8/7/2019 Report of Freight by Gulzar

    51/81

    51

  • 8/7/2019 Report of Freight by Gulzar

    52/81

    52

    DATA ANALYSIS AND INTERPRETATION

    FREIGHT INTRODUCTION

    Freight is a major cost head of the company. Every company puts an extra efforto

    reduce thishead to thebest possibleextent in order to reduce itscost of the product.

    The Company pays two types of freight which includes freight inward and freight

    outward

    Freightinwardisthe amountthatis paidbythecompany for acquiringgoods like raw

    material, advertisinggoods or forbringing finishedgoods in thecompany. Like wise

    the company purchases sugar, Carbon Di Oxide for manufacturing various types of

    beveragesinits product portfolio.

    Freight Outward is the sum that is paidby the company fordelivering goodsby the

    transporters at thedistributors outlet. The freight rates are previouslydeterminedby

    thecompany withthehelp of a contract/ agreement whichismadeto acquireservices

    on a yearlybasis.

    The rates for various stations are negotiated and after the process of negotiation the

    agreementismade or renewed for providingservices. The agreementincludesvarious

    terms andconditions whichis applicable from whenthetruckishired for a stationtill

    thetimeitdoesnot reachesthedestination.

    Like one oftheconditionis ofdetention whichmeansthatthetruckshouldbeunloaded

    by the distributor within 24 hours of reaching the distributors outlet if the truck is

    detained for more than 24 hours then the company has to pay extra charges to the

    transporterso asto remuneratethe labouremployedbythetransporter.

  • 8/7/2019 Report of Freight by Gulzar

    53/81

  • 8/7/2019 Report of Freight by Gulzar

    54/81

    54

    Freight Analysis

    Understanding freight activityisimportant formatchinginfrastructuresupplyto

    Demand and for assessing potential investment and operational strategies. As

    Previouslymentioned,truckisthe predominate freightmodeinthe Northwest

    RPO region.

    Freightgenerated withinthe regionis primarily associated withmanufacturing.

    Primary productsincludemobile/modularhomes, petroleum products,machined

    Metal products,send andgravel andhardwood and lumber. Distribution ofthese

    A production facilityisgenerallyevenlyspreadthroughoutthe region. Inbound

    Freightis also generatedbytheseindustries. However,itshouldbenotedthat

    Warehouse anddistributioncenters ranked fourth overall interms ofcommodities

    Thisinthis regiontranslatesinto retail.

    Several studiesconducted overthe past fiveyearshavesurveyedbusiness,

    Economicdevelopment agencies andtransportation providersconcerning

    Neededsystemimprovements. Recommendations wereunderstandablygeared

    Towardspecificindustryneeds andincludedeasinghorizontal andvertical

    Curves,shoulderimprovements, replacement of weight postedbridges and

    Addingtruckclimbing lanes. In additionto expressingconcerns abouttheHighwaynetwork,mention wasmade about othermodes asshownbythe

    Followingquote from Analysis oftheTransportation Needs ofthe WoodProducts

    Industryin Distressed Appalachian Regions.

    Respondinghardwoodmanufacturers reported 93% oftheir productsbyvolume

    Wereshippedbytruckin 2004to domesticmarkets. Seven percent oftheir

    Product wasshippedby rail inthedomesticmarket. Respondinghardwood

    Manufacturersdidnottransport any productsbybarge orship to domestic

    Markets. Dueto steadilyincreasingtruckingcharges, only partiallycausedby

    Fuel costspikes; respondentsidentifiedimpedimentsto rail andinland waterway

    Alternativesyetstressedtheircompetitiveneed formore reliable andcost

    efficient accessto theirdomestic andinternational markets.

  • 8/7/2019 Report of Freight by Gulzar

    55/81

    55

    Efficientgoodsmovementis keyto economicvitality. The purpose ofthisstudy

    isto analyzebothinbound and outbound freightmovementsbycommodity and

    Thenationshighwaysystem, and ourenormoustruck fleet,moved71 percent of

    thetotal tonnage and80 percent ofthetotal value of U. S. shipmentsin 1998.

    Althoughtrucksmadethebasemajority of local deliveries,they also

    carried largevolumes of freightbetween regional andnational markets. Water

    and rail also movedsignificantshares oftotal tonnage,butthey accounted for

    muchsmallershares whenmeasured on a valuebasis. Asexpected, air freight

    moves lessthan 1 percent oftotal tonnagebutcarried 12 percent ofthetotal

    value ofshipmentsin 1998.

    Domestic freightvolumes will grow bymorethan 65 percent,increasing from

    13.5 billiontonsin 1998to 22.5 billiontonsin 2020. The forecastshowsthatthe

    air andtruckmodes will experiencethe fastestgrowth. Domestic aircargo

    Tonnageis projectedto nearlytriple overthis period, althoughitsshare oftotal

    Tonnageisexpectedto remainsmall. Trucks areexpectedto move over75

    Percentmoretonsin 2020,capturing a somewhat largershare oftotal tonnage.

    Whilevolumesmovedbythe rail anddomestic watermodes are also

    Projectedto increase overthe forecast period,they will notgrow asdramatically

    Primarilybecause of anticipatedslowergrowthindemand formany ofthey key

    Commoditiescarriedbythesemodes.

    International trade accounted for 12 percent oftotal U.S. freighttonnagein 1998

    Andis forecastto grow fasterthandomestictrade. International tradeis

    Projectedto increaseby 2.8 percent annuallybetween 1998 and 2020,nearly

    Doublinginvolume. Thisgrowthininternational tradeis likelyto present

    Challengesto U.S. ports andbordergateways.

  • 8/7/2019 Report of Freight by Gulzar

    56/81

    56

    Funds fortransportationsystemimprovements areconstrained,therefore,the

    Results ofthisstudy arecrucial to effectivedecisionmaking oninvestmentsto

    maintaincapacity ofthe fivecountytransportationsystem. Freightinthis region

    isshippedvia truck, rail and air. Truckisthe primarymode;therefore,itis

    paramountthatthehighwaynetworkis well maintained

    Regional Freight Movement

    Truck, rail and air freightserviceis availableinthe Northwest RPO. Similarto

    Pennsylvania andthe UnitedStates,themajority of freightismovedbytruckin

    Terms oftonnage andvalue. Figure 3 indicates freight flow bytruck. Factors

    Thatinfluencemodal choiceincludescommodity,distance and rates. Although

    most freightisshippedbytruck,some ofthe areasbusinessescouldnotsurvive

    without rail. In a NorthwestCommission rail studydonein 2002 some

    Companiesstressedthatthere was no alternativemethod oftransportation of

    Theirgoods. Air freight accounts for lessthan 1% of freightmovement.

    However, like rail somebusinesses wouldnotbe ableto operate without access

    to thismode.

  • 8/7/2019 Report of Freight by Gulzar

    57/81

    57

    FREIGHT CHARGING & BILL PASSING PROCESS

    FREIGHT CHARGING TO CUSTOMERS

    Freight Chargingby ACME to Customers only against Supply under Normal

    Sales Order (SO) as per Deployed VehicleSize & accord to Locations for all

    types of Customer (Domestic & Export).Freight against Supply under

    Miscellaneous Sales Order (which is for Dispatches due to Damages &

    ShortagesduringPrimary Dispatch) hasbeennotchargedto Customers for any

    Location.

    A.1 Scope of Logistics

    Logistics Deptt. Mentionedthe Freightto bechargedto Customer accordto Vehicle

    Size & LocationinPackSlip and onTransporters LRtoo (only when recovery of

    Freightdoesnotbelongsto DispatchedQty)

    A.2 Freight Charged by Excise

    Excise Deptt. Charged the Freight onSaleInvoice accord to Freightmentioned on

    PackSlip & LR forwardedby Logisticsbut where Freightshouldbe recover accord

    to SheltersQty. (Freight perShelter) or as per Destination wheretheSitehasbeen

    installed, Freighthasbeencharged as per Freightmentioned onSales Order or as

    perclearance from Marketing.

    B. FREIGHT BILLS PASSING PROCESS

    B.1 BillsSubmitbyServiceProvidersto Logistics

    Bills submitby Service Providers within 15 days from Delivery of Consignmentalong with necessary Documents (LR/ Invoice Copy/ Packing List/ Way Bill/

    Vehicles RCcopy) should also attached DocumentaryEvidence of OtherCharges

    (Detention/ Unloading/ WHCharges ) with anExcessset ofXeroxcopy for future

    reference.

  • 8/7/2019 Report of Freight by Gulzar

    58/81

    58

    B.2 Bills Checking Process at Logistics

    Logisticscheckedthe Bills andverifythegentility ofExpensesClaimedbyService

    Providers as per Customer remarks as Proof of Delivery (POD) and also as per

    Agreement done with Transporters & SOP made for Bills Passing applicable for

    ServiceProviders.

    PostChecking,Passed and Deducted amount ofeachbill hasbeenenteredinto UDS

    Screenby Logistics withineachhead ofExpense & puttheir remarks for Amount

    beingdeductedthere.

    B.3 Bills Forwarded to Finance

    Bills havebeen forwarded to Finance after proper checking of each Expense

    with a copy of Submission duly signedby Executive and approvedby Head-

    Logistics onSummarySheet of Billsmentionedinit and return a copy ofsame

    as receiving of Billsby Finance for further process.

    B.4 Bills Checking Process at Finance

    Bills passing process hasbeen doneby Finance on FIFO method accord to

    Agreementdone withService providers and as perSOP applicable for Freight

    Bills passing made by Logistics , Legal & Finance jointly.In case of any

    Dispute/Error in Bills forwardedby Logistics. Finance informed to Logistics

    within 3 days of Bills receiving andsaidbill hasbeenhonored after justification

    of Amount passedby Logistics.

    B.5 Bills Updation in Excel Sheet

    Passedbill amount & SupplierExpenseInvoice No enteredby FinanceinExcel

    Sheet againsteach ACMEInvoice No underdifferent GLs ofExpenses.

  • 8/7/2019 Report of Freight by Gulzar

    59/81

    59

    B.6 Bills Updation in User Defined Service (UDS)

    Passedbills against ACME Invoice of FY 2009-10 hasbeen entered in UDS

    Screenin RAMCO to capturingtheduplicity of Billssubmission & to getthemore

    accuracyin Freight Liability/Provisionto betaken.

    B.7 Payment Advising

    Payment of Service Providers is advised by Finance on every Monday for

    Current Week withdetails of paidbills and adjustment of Debit/Credit Notes.

  • 8/7/2019 Report of Freight by Gulzar

    60/81

    60

    Check List for Verification & Authentication

    Transporters LR, ACMEInvoice,PackSlip,PDI Report & Way Bill

    Transporters LRs

    ALL LRsshouldhave freight written on all copies & thattoo match withinvoicefreight.

    Theyshouldhave Address ofCner & Cnee,Invoice Value, Way Bill No., No.

    of packages loaded & mentioned oninvoiceto tally with LRs

    INVOICE:

    Pre Authentication from ACMEs authorized representative.

    ACMETIN No. & ECCdetail.

    Consignor & Consignee Address withCST & LST No. ORTIN No.

    Shipping Address withCST & LST No. ORTIN No.

    Duty/Cress whether appliedto assessablevalue

    Second Authentication ACMEs authorized representative.

    FourSets ofInvoices (BuyerCopy, DFTCopy, AccountsCopy & ExciseCopy)

    Other Documents (Pack List & PDI Report)

    Pack Listshouldhave Logisticsexecutive authentication.

    PDI ReportmustbesignedbyPDIexecutive.

    No of packagesinthe packslip mustbematched withInvoice & LR.

    Way Bill (Road Permit)

    If Way Bill (RoadPermit) applicable,the waybill detail of formnumber &

    Serial No. Mustbementioned on LRs as well asin Dispatch Register.

    RoadPermitsmustbe attached withdocuments where applicableduly affixed

    with ACMESeal.

    Way Bill shouldbeduly filledbytransporters & crosscheckedby ACME

    officials.

    Handover all thedocumentsto transporters and obtainsignature on officecopy.

    Ensurevehicles out withinhalf anhour ofgettingdocuments

  • 8/7/2019 Report of Freight by Gulzar

    61/81

    61

    Entering Billing in Computer

    This procedureisusedbythe accounts receivableclerkto completedailybillingsto

    customers.

    The Procedures:

    Step-1: Shipping Paperwork-Findtheshipping paperworkinthe shippers

    boxinthemail room. The paperworkshouldinclude a handwrittenshipping log, as

    well as white andgreencopies ofthebills of lading. Separatethesedocumentsinto

    different piles.

    Step-2: Verify Bills of Lading [or Air Way Bill for airshipment]-Verifythat

    thereis a bill of lading forevery order listed ontheshipping log, and also that all

    bills of lading are listed onthe log. Then putthebills of ladingin order, firstby

    customernumber andthenby ordernumber (ifthereismorethan one order per

    customer). Next,checkthe carrier column oftheshipping log. Most orders will

    have CustomerPickup listednextto them. Any accompanying freightsheetis

    filled outbytheshippingdepartment. These areusuallyturnedin ahead oftime and

    keptin a file. Pull outthe appropriatesheets,becausethey areneeded forinvoicing.

    Step-3: Review Freight Sheets - Review the freightsheets. Ifthebill of lading

    reads Packing List onthetop,the orderhas alreadybeen pickedbytheshipping

    department. Ifit reads Customer OrderPick list andtheshipmentquantities are

    handwrittenintheblanks,the orderstill mustbe picked. To pick an order,go to

    SHIPinthesoftware,entertheissuetype, andthenenterthecustomernumber. If

    thequantityshowing onthescreen for anitemmatchesthequantityhandwrittenin

    thebill of lading, pressENTERto pickthatitem. Ifthequantitiesdiffer,typethe

    handwrittenquantityinto the order and pressENTER. Pick all oftheitems onthe

    order, andthen proceedto thenext order.

  • 8/7/2019 Report of Freight by Gulzar

    62/81

    62

    Step-4: List All Picked Orders-The resulting listshouldinclude all the orders

    inthestack, plus any ordersshipped outtoday. Inthisstep,go throughthe list and

    choose onlythose ordersthat wereshippedthe previousday and for whichthere are

    bills of lading.

    Itmaybedifficultto determinethe ordernumbers forsomeshipments,because

    theremaybemorethan onesequencenumber forthesamecustomer ordernumber.

    Youmayneedto look at all ofthe orders with a particular ordernumberto findthe

    correct one. To pick one,makesuretheitemnumbers andquantitiesmatchthebill

    of lading.

    Step-5: Check Pricing-Checkthe pricing foreach order andverifythatthereis a

    charge for pallets andshipping. Enterthecustomer ordernumber andsequence

    numberto check prices. Eachcustomerhas a pricesheetinthe pricebookthat lists

    current prices for all oftheitemsit orders. The pricesheet will also tell you whether

    ornotto chargethatcustomer for pallets. Thisis also wherethe freightsheetis

    used. Checkthe freightcode onthe order andmakesurethatitmatches whatthe

    shippingdepartmenthas written onthe freightsheet. Ifthecodeis prepaid, do not

    chargethecustomer for freight. Ifitis prepay and add, youmust addthe amount

    onthe freightsheetto theinvoice. Ifthe order wassentcollect,there will beno

    freightsheet,becausethecustomeris arranging and paying forits own freight.

    Thenext processis recurring invoices issuance Read on.

  • 8/7/2019 Report of Freight by Gulzar

    63/81

    63

    Issue Recurring Invoices

    This procedureisusedbythebillingstaffto issue recurringinvoicesnearmonth-

    end, forgoods orservices providedduringthe followingmonth.

    The Procedure:

    Step-1: Print Billing Report

    (1). Two weeks priorto month-end, printtwo copies ofthe RecurringInvoices

    report forthe followingmonth.

    (2). Forward a copyto thesalesmanager and pricingclerk, with a request forthem

    to note anycorrectionsdirectly onthe report andthen returnitto the accounts

    receivableclerk.

    Step-2: Verify Pricing

    (1). Verifythe accuracy of all product orservice prices listed onthe report. Note

    changesdirectly onthe report.

    (2). Returnthe reportto the accounts receivableclerk.

    Step-3: Verify Contact Information

    (1). Verifythe accuracy of all contactinformation listed onthe report. Notechanges

    directly onthe report.

    (2). Notechangesto recurringgoods orservices onthe report. If a customerhas

    canceled further activity,cross outthecustomer.

    (3). Returnthe reportto the accounts receivableclerk.

    Step-4: Correct and Issue Invoices -To completethisstep,the account receivable

    clerk wouldneedto performthe followingtask:

    (1). Upon receipt ofthecorrected reports,enter all changesnotedbythe pricing

    clerk andsalesstaffinthecomputersystem.

  • 8/7/2019 Report of Freight by Gulzar

    64/81

  • 8/7/2019 Report of Freight by Gulzar

    65/81

    65

    Step-2: Create Paper Invoice There areeighttasksto do inthisstep:

    (1). Go to theCreateInvoicescreeninthe accountingsoftware. Enter all

    information forthenew invoice. Whencomplete, print a testinvoice.

    (2). Go to the Billing Batchscreen andselect all unprintedinvoices.

    (3). Turn onthe printer andverifythatthecontinuous-feedinvoicestockiscorrectly

    positionedinit.

    (4). Print a sampleinvoiceto ensurethatthe linesettings arecorrect.

    (5). Verifythatthecontinuous-feedinvoicestockhasnotbeenburst.

    (6). Printthecompletebatch ofinvoices.

    (7). Scantheinvoicesto ensurethatthey werecorrectly printed. Have a second

    personindependently review all large-dollarinvoicesto ensurethatthecorrect

    quantities, prices,extensions, andsalestaxes wereused.

    (8). Ifthere areno errors,check offthe flaginthe accountingsoftware askingifthe

    print run wassuccessful.

    Step-3: Prepare and Send InvoicesItneeds fourtaskto bedoneto completethis

    step:

    (1). Burst all invoices, withthe whitecopiesgoingto theCUSTOMERbin,the

    goldenrodcopiesto the ALPHABETICAL FILEbin, andthe pinkcopiesto theNUMERICAL FILEbin.

    (2). Stuffenvelopes withthe whiteinvoicecopies.

    (3). Stamp AddressCorrection Requested oneveryenvelope.

    (4). Affix postageto theenvelopes and putthemintheinterofficemail,marked for

    outsidedelivery.

    Step-4: File Invoice Copies-Do thesetwo taskto completethisstep andclosetheprocedure:

    (1). Attachthe pinkinvoicecopiesto thebilling of lading and packingslip copies,

    and filebycustomer.

    (2). Filethegoldenrodcopiesinnumerical order.

  • 8/7/2019 Report of Freight by Gulzar

    66/81

    66

    Receiving and Depositing Cash

    This procedure is usedby the mailroom and cash clerk to receive cash from a

    variety ofsources anddeposititinto thecompanybank account.

    The Procedures:

    Step-1: Receive Checks and Cash Through Mail

    (1). Entertodaysdate on a new copy ofthe Mailroom RemittanceSheet

    (2). Enter ontheSheet foreachcheck receivedthechecknumber,customername,

    thecity andstate from whichthe payment wassent, andthe amount paid. Ifcashis

    received,enterthis amountinthe Sourceifnotcheck column. Enterthegrand

    total of all checks andcash received atthebottom oftheSheet. Sign anddatethe

    Sheet.

    (3). Insert all checks andcash received, along withthecompletedSheet and a

    remittancecopy,in a lockinginterofficemail pouch andhaveitcourieredto the

    CashClerk.

    (4). Whenthecourier returns with aninitialedcopy oftheSheet,showingevidence

    of receiptbytheCashClerk, fileitbydatein a lockingcabinetinthemailroom.

    Step-2: Total and Record Cash

    (1). Opentheinterofficemail pouch fromthemailroomcontainingthedailychecks

    andcash receipts. Initial theenclosedcopy ofthe Mailroom RemittanceSheet and

    returnitbycourierto themailroom.

    (2). Summarize all cash andchecks received on an addingmachinetape.

    (3). Enter all checks received on a depositslip, as well ascash receiptsin a lump

    sum. Verifythatthedepositslip total andthe addingmachinetapetotal arethe

    same. Ifnot, recountthecash andchecks.

  • 8/7/2019 Report of Freight by Gulzar

    67/81

    67

  • 8/7/2019 Report of Freight by Gulzar

    68/81

    68

    FINDINGS

    Inmy reportstudy Ihave to find out what is theexisting accountingsystem in

    thecompany (ACMETelePower Ltd),so I found outthatcompanyuse accrual

    base accounting.

    Thetraining aidsused werehelpful inimprovingthe overall effectiveness ofthe

    training programmers.

    The objectives of the training programmes were broadly known to the

    respondents them. As well as the training is provide of thebasic knowledge

    aboutthe finance.

    Ihave knowledge aboutthe financedepartment of acme.

    I m learning the process of the freight outward of the company and freight

    charging & bill passing learning of the step by step bill passingbill workingafterthatmake a gridmerging ofthetransporterbill & afterthatentryin ramco

    software ofthecompanythatiscalledinvoice ofthebill so thenmaking ofthe

    (uds) Updationin User DefinedService.

  • 8/7/2019 Report of Freight by Gulzar

    69/81

    69

  • 8/7/2019 Report of Freight by Gulzar

    70/81

    70

    Conclusion

    Gone are thedays when training was a 2 hour process on the firstday of the

    job. Training has transformed from an add-on function to a core function of

    companies. It hasbecome more of a science with systematic rules and formats

    guiding thecompanies onhow to go about training anddevelopment. And that is

    the wayitshouldbe.

    Providescomprehensive passiveinfrastructuresolutionsto wirelesstelecom players

    bothinIndia as well as overseas. Focusing oninnovation and R&D, ATPL has

    developed a range ofinnovative productsthathelp providecost-effective,energy-

    efficient,integrated, passiveinfrastructuresolutions,to telecomcompanies. It

    shouldbeborneinmindthatthetool appliedinthestudyto analysistheefficiencyandeffectivenessin financial management aremost appropriate ones.

    The future woulddemandmore fromtheemployees as well asthecompaniesin

    terms of productivity. New technology,multi-tasking,group culture,etc. will be

    moreemphasizedupon. Thismeanstraining anddevelopmentisgoingto beeven

    moreimportant,complex and rigorous. Companies already foreseethis and are

    alreadyin preparationsto maketheirstaffbetterequipped. Onthis weconclude our

    report withthe following words Educationends withschool but learningends with

    life.

    Freighttransportationisintegral to increasedeconomicdevelopment and

    improvedquality of life. A thoroughunderstanding of freightmovementis keyto

    enhancingthese aspects of our region andinidentifying waysto improve

    transportationsystemefficiency. Sincethemajority of freightisshippedbytruck

    investmentinhighway andbridge projectsshould follow thatmodal choice. Rail

    and air arecritical to someindustries andhaveto bemaintained albeit at a lower

    level ofinvestment. Ingeneral, past and presentTIP projectshavebenefited

    thosecorridors whichhavethehighest freightvolumes. The results ofthisstudy

    will assistthe Northwest RPOsTransportation AdvisoryCommitteein prioritizing

    projects on futureTIPs andthe Long RangePlan.

  • 8/7/2019 Report of Freight by Gulzar

    71/81

    71

  • 8/7/2019 Report of Freight by Gulzar

    72/81

    72

    SUGGESTIONS

    Now I would like to give thesuggestionsspeedup passing ofbills,so that the

    companycan passmore andmorebillsintheminimumtime. First and foremost

    thing which consume more and more time for passing ofbills in the whole

    process is the checking the raw material by quality department. So my

    suggestionis forqualitydepartmentisto checkthemore andmore raw material

    intheminimumtime. So physical checking of raw material shouldbe fastbythe

    quality department. I m study of these company. Analysis that terms &

    condition workingconditions oftheemployeesthat are ranking orderissemantic

    forms treated as workers. So study about the department & plant . Take my

    advice,Dont get thebell curve in performance appraisals. It is one of thebiggest

    blunders of thecentury andneeds to stop now I assumeyou really arenot

    aware ofstatistics when asked thatquestion. Thebell curve will do moreharm

    thangoodinyourhand. So leaveit andtrythe 5 pointsystem.

  • 8/7/2019 Report of Freight by Gulzar

    73/81

    73

  • 8/7/2019 Report of Freight by Gulzar

    74/81

    74

    LIMITATIONS

    1. Whilemakingthe projectin AcmeTelepower Ltd.. themain limitationthatI

    faced wasthesecrecy adoptedbythecompanyin providingtheinformation.

    2. Time was the limitation while carrying the project. I had to complete the

    project in45 days thus the projectcouldhavebeenbetter ifmore time was

    providedto me.

    3. The respondents weretoo busyto provideme propertimethat was required

    byme.

    4. The trainees of one department were not allowed to go and interact with

    otherdepartment.

    5. Because oftimeconstraintsamplesize wasthescope ofthe projectin limited

    to theemployee ofthecompany only.

    6. Because oftheconstraintsamplesize was restricted on80.

  • 8/7/2019 Report of Freight by Gulzar

    75/81

    75

  • 8/7/2019 Report of Freight by Gulzar

    76/81

    76

    BIBLIOGRAPHY

    1) WWW.ACMEtelepower.com2) www.google.com

    3} www.atpl.ac.in

    4} [email protected]

  • 8/7/2019 Report of Freight by Gulzar

    77/81

    77

  • 8/7/2019 Report of Freight by Gulzar

    78/81

    78

    Annexure

    Dear respondents, pleasegiveyourvaluabletime andviewsto fill this

    questionnaire. We will beheartilythankful to you.

    Q.1) whatis financeinyour opinion?

    Q.2) whatisthe role of financedepartmentinmanufacturingindustry?

    Q.3) Isit animportant part ofthe organization?

    a) YES b) NO c) CantSay

    Q.4) Areyousatisfied withthe performance of financedepartment?

    a) YES b) NO c) CantSay

    Q.5).Ratethe financedepartment ofyourcompany onthebasis oftheir

    performance

    .

    a) Excellent b) V. Good

    c)Average d) Good

    e) Below Average f) Poor

  • 8/7/2019 Report of Freight by Gulzar

    79/81

    79

    Q.6) Ratethe activities of financedepartment on 1- 10 scale. (10-Excellent, 1-

    Poor)?

    a) Freight b) c. forms

    c) Reconciliation d) inventorye) Payment f) SOBI

    Q.7) Isthe financedepartment ableto meetthedailytargets?

    a) Yes b) No c) Cantsay

    Q8) Ratethe financed officials accordingto their performance.

    a) Excellent b) V. Good

    c) Good d) Average

    e) Below Average f) Poor .

    Q.9) Isthedepartmentsupportableto the organization?

    a) Yes b) No c) Cantsay

    Q.10) whatisthecontribution of financeinthetotal growth ofthe

    organization?

    a) 25% b) 40%

    c) 60% d) above75

    Q.11) A goodco- ordination amongthere officersin financedepartment

    a) YES b) NO c) CantSay

    Q.12) Properguidelines providedto thetrainee

    a) YES b) NO c) CantSay

  • 8/7/2019 Report of Freight by Gulzar

    80/81

    80

    Q.13) Your organizationconsiderstraining of finance as a part of

    organizational strategy. Do you agree withthisstatement?

    a) Strongly agree b) somewhat agree

    c) Agree d) Disagree

    Q.14) Whatmode oftrainingmethodisnormallyusedinyour

    organization?

    a) Job rotation b) Conference/ Discussion

    c) External training d) Programmedinstruction

    e) All

    Q.15) Giveyourvaluablesuggestionsto improvethe performance of finance

    department?

  • 8/7/2019 Report of Freight by Gulzar

    81/81