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ABOUT DR.NTTPS
Dr.Narla Tata Rao Thermal Power Station is one of the power generating station of
“ANDHRA PRADESH POWER GENERATION CORPORATION (APGENCO)”
is considered to be the best one in the country’s thermal power generating stations.
The term inventory refers to the stock of the product a company is manufacturing for
sales and components that make up the product. In other words inventory is
composed of assets that will be showed in future in the normal course of business
operations. The various forms in which inventories exist in a manufacturing
company are :
Raw materials
Work in progress(semi finished goods)
Finished goods
According to B.Banerjee the term inventory refers to the aggregate of those items of
tangible assets, which are
1. Held for sale in ordinary course of the business.
2. In the process of production for sale.
3. To be consumed in the production of goods or services to be available
for sale.
The purpose of inventory management is to keep the stocks in such a way that
neither there is over-stocking, the over-stocking will mean a reduction of liquidity of
other production processes. Under-stocking will result in stoppage of work.
OBJECTIVES:
Primary objective:
To study various inventory control measures.
Secondary objective:
To study the store analysis between the years of 2003-2009
To study the usage of coal, furnace oil, high speed oil in Dr.NTTPS.
To study the reasons for the shortage of coal.
To review the ABC analysis and understand the impact of business on
inventory.
PROPOSED METHODOLOGY:
The sources of data collection will be -
• Primary source – The data has been gathered through interactions and
discussions with the executives working in the division. Some important
information has been gathered through couple of unstructured interviews of
executive.
• Secondary source – Referred standards texts and reference books for
collecting the information regarding the theoretical aspects, of the topic. And
annual reports and other magazines published by the company are used for
collecting the required information.
SCHEDULE:
References:
Websites
www.apgenco.com
www.ebsco.com