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Milan.

Bhalodiya

Kamani Plastics Industries

PREFACE B.B.A course is specially designed to widen the knowledge of various managerial aspects and other related terms. For this purpose, the course is divided into two parts. First part is concern with theoretical knowledge, which is provided to the student in the classroom by lecture, This knowledge is not enough as it is just theories and student dont get experience of the outer world. So, second part is concern with practical knowledge, which we have to acquire by visiting a factory. I have selected kamani plastics

industries .as my field for practical studies. this report includes detailed information about the manufacturing, personnel, marketing and financial management of the company. a breif idea of the company in the initial stage is also given in this report.

Milan. Bhalodiya

Kamani Plastics Industries

ACKNOWLEDGEMENT A man who is a social animal can not be successful without the co-operation of family members of society. During the training and preparation of this report, I have been fortunate to earn guidance and help from our college faculties owner of the industrial unit and senior student. My visit to kamani plastics industries was really very exciting and interesting for which I like to thank my co-coordinator Miss.Madhuri Trivedi who inspiring me and responsible for satisfying urge and

enthusiasm to understand and go deep to learn as much as possible for business administration. I am also thankful to Mr.Manshukhbhai.M.Kamani for permitting me to under go training in his unit also sparing his precious time to provide information whenever I requested for.

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Kamani Plastics Industries

INDEX NO PARTICULAR 1 2 3 4 5 GENERAL INFORMATION MARKETING DEPARTMENT HUMAN REOSURCE FINANCE DEPARTMENT CONCLUSION

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Kamani Plastics Industries

Milan. Bhalodiya

Kamani Plastics Industries

Sr no 1 2 3 4 5 6 7

PARTICULAR HISTORY AND DEVELOPMENT SOME IMPORTANT INFORMATION OF COMPANY SIZE OF UNIT AND FORM OF ORGANIZATION ORGANIZATION CHART EMPLOYEE SERVICES MANUFACTURING PROCESS PRODUCT

INDEX

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Kamani Plastics Industries

HISTORY AND DEVELOPMENT Way Mr.M.M.Kamani and back in 1976, two in brothers

Mr.R.V.Kamani

Bhavanagar

ventured to go for manufacturing ropes in small scale. At this point of time awareness about the use of thermo plastic polyment has been scanty in Bhavnagar region. A partnership concern kamani plastics industries thus come being. Kamani plastics industries produces

plastics ropes, niwar, and twine. It deals mainly with

Milan. Bhalodiya

Kamani Plastics Industries

Indian and foreign companies. The ropes are well known for their high qualities and strength and niwar for there design and patterns. Initially this company started with

handmade products. The first ever capacity was 1 ton only today they are daily dealing reach to 6 ton Later partnership was dissolved in 2005 and reign of industry was taken by Mr.Manshukhbhai.M.Kamani and his son.

SOME IMPORTANT INFORMATION OF COMPANY Company Name: Company address: Phone no.: Fax no. Year of establishment: Main product: Auditors: Accounting period: Brand name: Name of partner: Area :
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KAMANI Plastics Industries Kumbharwada circle, Bhavnagar. 91-278-2438386,2438260 91-278-2438587 15th march 1976 Ropes,niwar,twine Ashvin parekh April to march Koral,hiramoti,kohinoor,anker Mr.Manshukhbhai.M.Kamani , Mr.Ramil,Kamani 1300 square ft.

Milan. Bhalodiya

Kamani Plastics Industries

Size: Website E-mail

Small scale sector www.kamaniplastic.com info@kamaniplastic.com

SIZE OF THE UNIT AND FORM OF ORGANIZATION Size of unit:According to the companys Act of 1956,a

company is classified into three scales of unit according to the size of the unit. The there scales of the unit are stated as follows. 1. Small scale sector up to 60 lacks 2. Medium scale sector- from 60 lacks to 100 lacks. 3. Large scale sector-more than 100 lacks.

Milan. Bhalodiya

Kamani Plastics Industries

Kamani plastics industries invest is less than 75 lacks on the plant and other assets. According to companys act of 1956 it is classified under a Medium scale unit.

FORM OF ORGANIZATION The unit under study is a partnership concern. Partnership concern. Partnership firm has been defined by.Dr.John shubin is An association of two or more person who have agreed to undertake the complete responsibilities of the business activities by written or oral form According to ludian partnership alt 1932partnership is the relation between persons who have agreed to share profit or less while running enterprise by all or any of them for all

Milan. Bhalodiya

Kamani Plastics Industries

kamani

plastics

industries

industry

partnership agreement define clearly relationship through agreement, numbers of partner, capital, management, unlimited liabilities, statutory position etc.

ORGNIZATION CHART

MANGING DIRECTORS

Personal manager

Marketing manger

Finance manger

skilled

Un skilled

Asst.manger

Accounts

Typist, computer, operator

Peon,woker security guard

Sales man

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Kamani Plastics Industries

EXPLANATION OF CHART: As the mentioned above in the chart, authority and responsibility flows from top to bottom, but in this firm the top authority given to the owner in short delegations of authority flows from top to bottom level and responsibility goes from bottom to top level.

EMPLOYEE SERVICES

The employees are just like oil the wheels i.e. oil to smooth running business. thus it is the duty of the organization In to look after the basic and plastics industries necessary wants of their employees. kamani industries the employee rights are salaries bonus privilege leaves medical facility above all medical aids (money term)
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not neglected or are

considered keenly. The employees are provided with:-

Milan. Bhalodiya

Kamani Plastics Industries

here the employees are also offered twice tea daily by the company .but there is no provided. canteen

MANUFACTURING PROCESS Chart RAW MATERIALS +COLORS YARN(TWIST) ROPE YARN(TWIST) STRAND(TWIST) FINAL ROPE Process:First of all row material called poly propylene granules are put inside the color mixer, in

which different kind of colors like red, yellow, blue, green etc. are mixed then with help of extrusion process yarn is made.

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Kamani Plastics Industries

Then that yarn is winding at bobbin winder or cheese winder, after completion of that process, the processed yarn is given first twist. This process called rope yarn. After making the several yarns it is carried to the stand called strander, crill and the second twist is given, this process is called strand. The strand is given third twist and finished ropes are produce. Then with the help of coil winding machine the finished rope winding the up then it goes for packing and ready to dispatch. Polyethylene (high density) or poly

propylene granules are the main raw material, which is available from Reliance, IPCL, HALDIA and GAIL import material is also used.

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Kamani Plastics Industries

PRODUCTS

The products.

company

produces

four

types

of

*P.P ROPES:-Its full form is poly propylene ropes. -It is manufactured with the help of gas. -It is cheaper than H.D.P.E. ropes. -It is easily available in the market. -It is lighter than H.D.P.E. ropes. *H.D.P.E. ROPES:-Its full form is high density poly ethylene ropes.
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Kamani Plastics Industries

-It is manufactured with the help of poly ethylene. -It is costlier than P.P. ropes -It is not available in the market. -Here, Cost of production is high. -It is heavier than P.P. Ropes.

NIWAR:- It is manufactured with the help of Poly ethylene yarn. - It is produced in the weaving machine. - It is used in different ways. FISHING TWINE:- It is also manufactured with the help of poly ethylene. - Its cost is more than the P.P. Ropes and H.D.P.E. ropes. - It is mainly used in the production of fishing net.

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Kamani Plastics Industries

SPECIFICATION PRODUCTS:-

OF

THE

Plastic ropes comes in different sizes. H.D.P.E. ropes size varies between 2 mm. to 12 mm. It is comes in main five colors red, blue, green, yellow, orange. This colors are more demanded by the customers. P.P. Ropes size varies between the 4 mm. to 40 mm. It is produced in only in yellow color. Fishing twine is available in 0.50 mm. to 2 mm.

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Kamani Plastics Industries

Niwar is available in the different designs and patterns.

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Kamani Plastics Industries

INDEX

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Kamani Plastics Industries

Sr no 1 2 3 4 5 6 7 8

PARTICULAR Introduction Organization of marketing department Market research Product planning Market segmentation Pricing policy Channels of distribution Advertising

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Kamani Plastics Industries

INTRODUCTION In modern days, marketing has become the most important for all the organization. Marketing is the activity which starts before production commences and ends with consumers satisfaction. Marketing need is a social and managerial

process by which individuals and groups obtain what they want through creating offering and exchanging products of value with others. kamani plastics industries they have a separate industries they have department a separate marketing which controls all the marketing activity of

the firm. In this firm this unit plays an important role with the help of marketing this firm is spread in all over India as well as foreign countries and GUIF countries.

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Kamani Plastics Industries

ORGANIZATION OF MARKETING DEPARTMENT Marketing manger Assistant manager Salesman (Export) Area sales men (East, west, north, south) Salesman (Local)

kamani

plastics

industries

have

well

organized marketing department. This department is managed by specialist in marketing managing director. as per the from the manger to under the lead of above chart marketing

manager is on top .but the authority to him is followed assistant manager to sales men to area sales men. So the chart is easy to understanding.

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Kamani Plastics Industries

MARKET RESEARCH Market research houses running profitability. American marketing research defined that marketing research is the systematic, gathering, recording and analysis of data about problems relating to the marketing of goods and services. The market research comprises of is never ending a

process at it is provides energy to keep the business

determining actual and determining in reference.

potential demand, behavior of place

customers and dealers at the market market

market shares of the business organization

In kamani plastic industries has separate department for finding ideas and qualities regarding product. Mostly marketing research takes place through sales representative.
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PRODUCT PLANNING

Invaluable information generated through market research occupies central place in planning a product or service to be marketed by an business organization it is this information individual or which enables

the organization as to what type of products or services needed to be produced and for whom they meant. The kamani plastics ind.have planned the following step for product planning Idea generation techniques Idea screening Marketing strategy development Product development

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Kamani Plastics Industries

MARKET-SEGMENTATION

Market segmentation means taking the total heterogeneous market for a product and dividing it several sub markets and segments each of which tends ot the homogenous in all significant aspects According to Philip and kotler Market segmentation is the sub dividing of market into homogeneous sub market target to be reached with mix Kamani plastics ind. have good market in India and aboard too. Countries like GULF countries ,UAE ,SAUDI ARABIA ,south Africa , Norway, U.S.A. sects of customers a distinct marketing where are sub sects may conceivably be selected as

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Kamani Plastics Industries

PRINCING POLICY

The chief determination for fixing a price of a product service are cost of production or services buyers behavior, regulatory enterprise . Of this, the cost of production takes into account cost of raw material at site, salary, wages paid, electrical consumption and overhead such as administrative changes . It also takes into account interest on capital. In kamani plastic industries the prices of the products are decided on Raw material + Cost of production + processing cost. specification policies and differentiation above all ,government of an objectives

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Kamani Plastics Industries

In this firm the prices of one product is not equal to other products of industries. The pricing policy for export is Raw material + cost of production +Processing cost + Freight + Duty draw back Price of this firm is fixed according to the dollar rate . CHANNELS OF DISTRIBUTION

According to Philip kolter A set of independent

organization involved in the process of making a product or a service available for use or consumption According to American marketing association The structure of intra company organization units and extra company agents and dealers, wholesale and retail through which a commodity, product or service is marketed As concerned to Kamani plastics industries the products of this firm is consumer and industrial product so it becomes necessary to reach this product to all the places there fore kamani plastic industries uses mostly two channels for purpose of distribution.
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Direct channels Indirect channels

DIRECT CHANNELS

In

direct

channels the

of

distribution

the to

company or the producer sells

product directly

the customers with out any intermediaries. This firm own its vehicles and directly sells its goods to the consumers in domestic areas the firm sells by roadways or railways.

INDIRECT CHANNELS

In indirect channels of distribution the company or the producer sells its goods or products

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indirectly through to the customers.

agent wholesaler retailers dealers etc

to the final customer so here is a chain from the producer In this firm the export takes place mostly through ships and this firm have the best distributorship all around the country. ADVERTISING

Advertising is a chief media by which organization can make aware its where advertising is absent. Advertising is the most important of all treads of promotion. There will be hardly a field of business in which advertising that modern trade and industries have been able to achieve such a remarkable progress. In the absence of advertising sales or large production would not have materialized. American marketing association advertising as follows. Advertising means any paid from on nonpersonal presentation and promotion of ideas, goods services by and identified sponsor
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prospective customers

about their products or services there is hardly any fields

defines

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Kamani Plastics Industries

In Kamani plastics ind. They are not using newspaper media advertising they only use broachers and leaflets. In hi-tech generation they are having their web site on internet.www.kamaniplastic.com

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INDEX SR.NO PARTICULAR 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. INTRODUCTION ORGANIZATION OFPERSONNEL DEPARTMENT TIME-KEEPING RECRUITMENT SELCTION AND INDUSTION PROMOTION AND TRANSFER POLICY WAGE AND SALARY ADMINSTRATION TRADE UNION PERSONNEL REORDS INDUSTRIAL RELATION TRAINING DEVELOPMENT

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Kamani Plastics Industries

INTRODUCTION

In all business concerns there is one element which is common i.e. human resource people are the single most important asset of a business enterprise definition of human resource management Human resource department is concerned with managing the problems training, of personnel and on like , recruitment, selection, This sentence : MIND YOUR MEN AND MEN WILL MIND ALL OTHER THINGS. According to Flippo, Human resource management is the planning organizing directing and controlling
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salary, is

wages this

administrative etc. department based

of

the

procurement

development,

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Kamani Plastics Industries

compensation integration maintenance resources to the end that individual organizational and social objective are accomplished

ORGANIZATION OF PERSONNEL Department Managing directors (owners) Personnel manger

Clerks Typist Computer Operator

worker, peon, security guard

An organization is a structure by which a co-operative group of human beings allocates its tast it is an arrangement of relationship,power,objective,roles and activities.

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From the above chart it can be understood that the owners enjoy top authority then after authority roles from M.D to head of subordinates come.

TIME-KEEPING

Time keeping implies working of unit on time and tis is one of the important function of the management business organization for regulating the incoming and out going of the employees resorts to normally tow systems they are i. ii. Signature system Punch card system Signature system means staff members prove their presence by signing in a signature register while another card system is use mostly for labour. In this firm the signature system exist for his staff members and card system exist for his workers which are unskilled. The firm running only in one shift the

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time for this shift working for 12 hrs including launch time.

RECRUITMENT ,SELECTION AND INDUCTION.

Recruitment:Recruitment is the generation of application ofr applicants for specific positions to be filled up In the organization in other words it is a process of searching for and obtaining applicants for jobs so that the right poele in right number can be selected. According to bergmeann and taylor Recruitment application Selection: Selection is hiring the best candidate from the pool of applications. it refers to the process is the process of locating identifying and attracting capable

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of offering jobs to one or more applicants form the application received through recruitment.

According to Stone Selection

is the

process of differentiating between applicants in order to identify (and hire)those with a greater likelihood of success in a job

Induction When a new candidates is selected from the external sources, he does not know the other employees and other employees do not know the new comer so the induction procedure is to be taken into account by the firm is nothing but welcome process.

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Kamani

plastic

industries

given

warm

welcome to the new comers and explain very frankly his duties and responsibilities.

PROMOTION AND TRANSFER POLICY

Promotion Promotion qualifying higher means within advancement the or position organization

through which can adjustment in the size of work force of an enterprise an be made to cope up with the chining situation. A promotion involves a change form one job to another that is better in terms of status and authority. Kamani plastic consider the following

matter in promotion policy 1. it consider seniority to employees 2. sometimes it also taken into account of hardworking to employees.
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3. it also thinks about qualification of employees

TRANSFER POLICY Transfer policy is a change of lace of section in which the pay status dues remain same transfer generally does not involve a promotion Mostly transfer does not occur in kamani plastics industries if need kamani plastics ind. Takes following policy into account. 1. for initiating and implementing

transfer it located the authority to the same office 2. it indicated the area of transfer

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3. it gives the information of the transfer to all concerned.

WAGES AND SALARY ADMINISTRATION

Wages or salary is administration refers to establishment or implementation of sound practice of employee. compensatin.wages are compensation given to workers for their services provided. generally wages are given on daily or weekly while salary on monthly basis. Wage and salary administration should be cntrlled by some proer agency In kamani plastic this responsibility is entrusted directly to the company administration kamani plastic pay Rs.1600 to 1900 to unskilled workers and Rs 2200 to Rs.6600 to semiskilled workers and lastly skilled workers get Rs.6600 to 7500.
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Where the dearness allowances is also given to the workers.

TRADE UNION

According to section 2(h)of the trade union act 1928,a trade union means, Any combination whether temporary or permanent formed primarily for the purpose of A. Regulating the relations i. ii. iii. between workmen and workman between workmen and employees between employers and employers.

B. for imposing restrictive conditions on the conduct of any trade or business and includes any federation of two or more trade unions.

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The union works for the satisfaction of their members such unions put the problems of worker before the management and put the pressure on management for the solution of these problems. In kamani plastics there is no trade union. employee have no complains against management and management have no problem towards workers and so we can say that there is a good relation between both PERSONNEL RECORDS

Personnel records preserved in files and document provide a detail information about the employees it proves very important at the time of promotion devotion, transfer and termination. In kamani plastics ind personnel

department maintains a wide range of record consisting of detailed information about the employee services this firm has special computer system for keep all the data about the employees.

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INDUSTRIAL RELATION

Industrial relation are an internal aspect of social relation arising out of employee or employer interaction in modem industries the objective of industrial relation is to safeguard the right and interaction of both labour and management by enlisting the co-operation of both In kamani plastic ind. The relation between owners and workers is melodious in this firm the workers never take the help of strike to solve their problems thus in this firm the situation of industrial relation is good. According to Dale yoler:

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Industrial relation is a designation of a field of relation ship that exists because of the necessary collaboration of men and women in the employment.

TRAINING DEVELOPMENT

Training is a process of teaching the new and present employee the basic skills they need to effectively perform their jobs. Alternative speakring training is the act of increasing the knowledge and skill of an employees for doing his/her job. Definition According to michel.j.jucious training is any process by which the attitudes, skills and abilities of employees to perform specific jobs are improved. Important of training in kamani plastics ind.

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o When you want to meet challenges created by global competition o When you need that both the industrial and

organization should grow at a rapid pace. o To enable employee to move from one job to another.

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INDEX PARP SR.NO. 1. 2. 3. 4. 5. 6. 7. 8. PARTICULAR INTRODUCTION ORGANIZATION OF FINACE FINANCIAL PLANNING CAPITAL STRUCTURE CAPITALIZATION CAPITAL BUDGETING MANAGEMENT OF FIXED ASSETS MANAGEMENT OF WORKING CAPITAL

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INTRODUCTION

Financial management is an integral or essential part of overall mangement.it is not an independent are a but depends on fields of study such as economists, accounts marketing, production or quantities methods. Finance management is that managerial activity which is concerned with judicious planning and controlling the firms finance resources. The decisions which are important in finical management are finical planning decision identification of resources. Investment decision order of the fianc required Dividend decision Liquidity decision

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As like other organization in this firm there is also a separate existence of the finance management the need official matters.

ORGANIZATION OF FINANCE

Chart M.D (OWNER) FINANCE MANGER ACCOUNTANT

Explanation Interpreting the above char we can say that managing director enjoy top authority. the authority than flows to finance manager to accountant thus in this

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firm authority flows from top to bottom level while responsibility goes from bottom level to the top level

FINANCIAL PLANNING

Planning is a never ending process and such area of activity should be effectively link to accomplish objective of an organization. financial planning implies decision in advance as to much funds are needed and how they to be managed. Financial planning should estimate the resources reavited to carry out operations and determine how for these resources can be generated internally by the firm it self and how for they will have to be obtained externally. In kamani plastics ind. They are usually two type of financial planning used they are

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Short term planning (one month to one year) medium term planning (one year to five year) This firm also maintain f. p as per trend of the sales and availability of bank overdraft facility. CAPITAL STRUCTURE

Capital structure of a company is a very important problem is a very important problem how to raise the require capital is the problem of called capital structure Capital structure refers to proportion of debt an equity capital .generally promoters formulate capital structure is the permanent finance of the firm. In kamani plastics ind. The entire capital is structure the structure of various sources of capital

investment is from own resources.

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Kamani Plastics Industries

CAPITALIZATION

In broad sense capitalization is synonyms with a financial planning. According to lilin doris capitalization

means the total accounting value of the capital stock, surplus in whatever from it may appear and funded long term debts. In the words of guthamn and dougall capitalization is the sum of the per value of stock and bonds outstanding There are three type of capitalization Over capitalization:-value of stock etc exceeds through value of fixed assets.
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Under capitalization:-value of fixed assets is more than its book value Fair capitalization :-balanced finance

In kamani plastic ind. Has been able to active fair capitalization

CAPITAL BUDGETING

Efficient allocation of capital is one of the important functions of financial management, routine generally expenses business expenses are of two types. o Revenue o Capital expenses:

which are include to no business activity. expenses: capital required to

purchase fixed assets like, land building machinery etc. Both these expenses is know as capital budgeting capital budgeting process involves planning the availability and controlling the allocation

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and expenditure of long term investment fund in this firm at present most of the important and heavy investment decision have been taken is past.

MANAGEMENT OF FIXED ASSETS

There is two type of assets in assets need to be managed efficiently.

a business

enterprise they are fixed assets and current assets both

Fixed assets of the company are the permanent capital of company it helps in production process and is used for a long period. It may be noted that fixed asset can not be withdrawn from the business without disturbing the normal activity of an undertaking In kamain plastics ind has managed the fixed assets nicely.

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Kamani Plastics Industries

WORKING CAPITAL MANAGEMENT

The term working capital refers to that part of capital which is not tied up in fixed assets but is used to meet the day to day requirements of business. It is invested in current assets like cash stock bills receivable debtors etc. There are mainly two concepts of working capital I. Gross working capital Total investment of working capital in current assets II. Net working capital There are tow types of net working capital

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Kamani Plastics Industries

Positive net working capital current assets exceed, current liability. Negative net working capital current liability exceed, current assets.

Kamani plastics has of resources .

unmarked working

capital

the order of Rs. 10 lacks from its own

CONCLUSION

Visiting kamani plastics industries was

a very

interesting and enjoyable experience I had never visited any plastic industry before so, it was really such kind of new experience. It is quite well maintain and modern industry

where different types of automatic machines are being istaled. My interaction with the partners of kamani plastic ind convinced them about systemization of business concept vaguely followed. They were happy to inform me that once they plan a large
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unit.

thank

them

for

the

treatment

they

accorded to me and wish a very bright future. I feel proud to take my practical training in kamani plastic industries.

Milan C. Bhalodiya

BIBLIOGRAPHY
For the study of the term clearly and carefully awareness of them in three management , the following books become very much helpful for the preparation of this project very well:

Personnel management by Khanka

Marketing management by M.M. Verna and R.K. Agarwal.

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Financial management by Prof. Naresh Jain.

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