summer training project on sree krishna strappings and labels pvt ltd

8/9/2019 SUMMER TRAINING PROJECT ON SREE KRISHNA STRAPPINGS AND LABELS PVT LTD

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1.INTRODUCTION

Sree Krishna Strappings And Labels Pvt Ltd. is an ISO 9001-2000

manufacturing Company based in Chennai, it is one of the very few in-house

manufactures of the o!ypropy!ene strapping, se!f adhesive !abe!s, barcode !abe!s,

"u!ti product #abe!s$

%he company apart from its items on regu!ar production stands committed

towards meeting any type of custom product re&uired in the mar'et$ %he

customi(ed product ready on demands has a bearing on our technica! superiority

and proves that our products ma)imi(e personne! and professiona! satisfaction$

1.1 COMPAN PRO!IL"

Sree Krishna Strappings And Labels Pvt Ltd. Is a c!ose!y he!d private

!imited company$ %here are three directors, "r$ *$ +amesh "anaging irector.,

"r$ *$ /iridhar )ecutive irector. and "rs$ ani Subhas, who are sibi!ings$ %he

directors of the company are from a very aff!uent fami!y 'nows for their integrity

and are he!d in high esteem in the mar'et circ!es$

#SK $ROUPS%, as popu!ar!y referred so in the mar'et circ!es, is in

e)istence since 193, and are considered pioneers in the manufacture of &ua!ity

po!ypropy!ene 4o) strappings, se!f adhesive !abe!s made out of paper and

po!yester, computer and barcode !abe!s$

In addition to manufactured products, S5 software team underta'es!ine

study of any industry and deve!ops customi(ed pac'age integrated with barcode for

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asset management, inventory contro!, wor' in process, warehouse management,

garment production trac'ing and barcode integration software$

%he company has branches at 6yderabad, 4anga!ore 7 representative

office at Coimbatore, ondicherry, Cochin and i(a'apattinam$ %he company is in

favor of opening branches in the northern part of India in the days to come$

In order to have effective contro!, efficient management, better mi!eage in

mar'eting, cost contro! and reduction of overheads, acce!erated growth in turnover

and profits, greater capacity to cater to high end mar'et segments inc!udinggreater margin etc$, ama!gamation of two companies, one at *mbattur, Chennai

and the other at 8indra, Chittor with effect from 01$10$200 , the ama!gamation of

two companies too' p!ace$

%he products manufactured by us, does not have pea' season, non pea' season

etc$ *!so it is not industry specific for its growth$ %he tota! sa!es turnover has been

increased on a regu!ar basis and the turnover for the year ended :1$0:$201: was +s1;0 !acs$ S5 /roup a!so e)ports its products to many countries !i'e Sri!an'a,

ubai, South *merica and so on, on a re!ative!y !ow 'ey now and e)pects e)ports

to grow substantia!!y, in future as we are getting firm commitments from Sri!an'a$

AR"A O! !OCUS&

Sree 5rishna Strappings *nd #abe!s vt #td Covers various industries !i'ee are the !argest

e)porter of strap to various parts of South ast *sia , Bnited *rab mirates and

Isrea!$

Available in&

+idth&09mm, 12mm, 1;mm and 19mm

Thi,-ness&0$;mm - 0$3mm

Cl/rs&>hite, 4!ac', 4!ue, +ed, 4rown and e!!ow

Cre ID&;mm, 200mm and D0:mm

POL"ST"R STRAPPIN$&

%he versati!e po!yester strappings is primari!y used to secure medium and

heavy !oads$ It offers e!ongated and e!asticity characteristics that stee! strapping

does not offer$ Strappings ranging from 9mm-19mm thic'ness from 0$;mm-0$3mm

withbrea' strength 200'g to 1200'g$

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!"ATUR"S O! POL"ST"R STRAPPIN$S&

+OBC% +O%C%IO8< 8o sharp edges, so product damages are minimi(ed$

>*%6+ +SIS%*8%< 8ot rusting and stain pac's when e)posed to moisture$

S6OC5 #O*I8/< %o absorb the sudden forces e)erted$

S*=%< oes not whip!ash when removed$

BS+ =+I8#< Over stee! 7 8y!on strappings$

CO =+I8#< +e-cyc!ab!e grade$

LA)"L PRODUCTS&

S5 specia!i(es in manufacturing se!f adhesive !abe!s with mu!tico!our printing$

>e have been pioneers in the bar coding techono!ogy in South India$ S' has an in-

house !abe! design deve!opment dept to produce !abe!s as per customer

specifications$ Our machines are capab!e of producing regu!ar, printed and

specia!ty !abe!s$

SO" O= %6 +/B#*+ #*4# +OBC%S *+O+5+ >O+5+ >O+5+>O+5+


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(.0 PRODUCTION PLANNIN$ AND CONTROL&

roduction p!anning and contro! as a department p!ays a vita! ro!e in

manufacturing organi(ations$ It is c!ear from name that it is something about

p!anning$ !anning is defined as setting goa!s$

C coordinate with different departments< such as roduction, "ar'eting,

#ogistics, >arehouse and other departments depending upon nature of

organi(ation$ C receives data re!ated to orders from mar'eting department$

roduction p!an based on mar'eting and production data is prepared in C$ %his

production p!an provides c!ear idea about uti!i(ation of manufacturing resources

for production$ repared production p!an is de!ivered to production department$

roduction department manufacture products according to that p!an$

!/n,tins 2 Prd/,tin Planning and Cntrl Depart3ent at SK $ROUPS&

Hobs or tas' schedu!ingith the estimated production figure, production run and manpower

invo!vement p!anner a!so estimate production cost per pieces$

Capacity p!anninghen they found somethingis going to be !ate they e)pedite and create an a!arm about the de!ay$

(.4 RA+ MAT"RIALSe!fare measures are in addition to regu!ar wages and other

economic benefits avai!ab!e to emp!oyees under !ega! provisionsand co!!ective bargaining$

%he basic purpose of emp!oyee we!fare is to improve the !ot of the

wor'ing c!ass and thereby ma'e a wor'er a good emp!oyee and a

happy citi(en$

mp!oyee we!fare is an essentia! part of socia! we!fare$ It invo!ves

adustment of an emp!oyee?s wor' !ife and fami!y !ife to the

community or socia! !ife$

>e!fare measures may be both vo!untary and statutory$

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4. !INANC" MANA$"M"NT

=inancia! "anagement means the efficient and effective management of

money funds. in such a manner as to accomp!ish the obectives of the

organi(ation$ It is the specia!i(ed function direct!y associated with the top

management$ %he significance of this function is not on!y seen in the ?#ine? but a!so

in the capacity of ?Staff? in overa!! administration of a company$=inance is re&uired

to ac&uire fi)ed assets fi)ed capita!. and for day Pto-day operations wor'ing

capita!.$ *s finance has a greater importance in running a business, an ana!ysis onit is vita! to give a c!ear picture about a particu!ar business underta'ing$

Since the !imitations of 4arter System and introduction of currency in the

economy finance has served as the bac'bone for any economy$ In modern wor!d no

economic activity is possib!e without finance so it can be regarded as the !ifeb!ood

of any business enterprise$

4ut if we s!ight!y change the &uotation, then we can see the importance of

financia! management in the fo!!owing way< @4usiness ta'es money P "anage the

money P than he can earn more, of the money that he has ta'enA$ So =inancia!

"anagement is the operationa! activity of a business that is responsib!e for

obtaining and effective!y uti!i(ing the funds necessary for efficient operation$

4.1 L"'"L&

=inancia! management systems inc!ude budget p!anning and

imp!ementation, procurement, financia! statement preparation and reporting as we!!

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as audit$ %hese systems are uti!i(ed across government and app!y e&ua!!y to

ministries and other government agencies that may be imp!ementing a budget

support or sector !oan, an investment proect !oan, a !ine of credit or a grant$

4.( !INANCIAL O)B"CTI'"S&

+eturn on capita! emp!oyed +OC. targets

Shareho!ders return

Cost minimi(ation

Cash f!ow targets

rocessing of financia! transactions

+ecording of financia! transactions

"aintenance of interna! contro! procedures such as =inancia! +egu!ations,

chec'ing routines across the fo!!owing functions$ ayment of supp!ier invoices

ayments to staff in respect of payro!! and pensions

Co!!ection of income from a!! re!evant sources

*%K%a) comp!iance

Insurance c!aims and cover =inancia! administration of +esearch /rants and

Contracts

*ccounting for other sponsored proects

4.0 CAPITAL STRUCTUR"&

* mi) of a company?s !ong-term debt, specific short-term debt, common

e&uity and preferred e&uity$ %he capita! structure is how a firm finances its overa!!

operations and growth by using different sources of funds$

ebt comes in the form of bond issues or !ong-term notes payab!e, whi!e

e&uity is c!assified as common stoc', preferred stoc' or retained earnings$ Short-

term debt such as wor'ing capita! re&uirements is a!so considered to be part of the

capita! structure$

!a,trs a22e,ting ,apital str/,t/re&

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Interna! factors

=inancia! !everage

+is'

/rowth and stabi!ity

+etaining contro!

Cost of capita!

Cash f!ows

=!e)ibi!ity

urpose of finance

*sset structure

)terna! factors

Si(e of the company

8ature of the industry

Investors

Cost of inf!ation

#ega! re&uirements

eriod of finance

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#eve! of interest rate

#eve! of business activity

*vai!abi!ity of funds

%a)ation po!icy

#eve! of stoc' prices

Conditions of the capita! mar'et

Capital Str/,t/re 2 Sree Krishna Strappings And Labels&

S+ 5+IS68* S%+*I8/S *8 #*4#S % #% is a partnership

firm, there are three partners who contributed capita! for starting of this company$

*+%8+S6I %*I#S

summer training project on sree krishna strappings and labels pvt ltd

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