a study on ved analysis done at sri iyyan textile mill pvt ltd, coimbatore

8/16/2019 A study on VED analysis done at SRI IYYAN TEXTILE MILL PVT LTD, Coimbatore

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A study on VED analysis done at SRI IYYAN TEXTILE MILL PVT LTD,

Coimbatore

PR!ECT REPRT

Summer "ro#e$t re"ort submitted to %&ARAT&IAR

'NIVERSITY in "artial (ul(illment o( t)e re*uirement o( t)e de+ree o(

ba$)elor o( business mana+ement


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S/NO0SIS

T)e "ro#e$t dis$uss in detail t)e inentory $ontrol in stores de"artment- T)e

re"ort $oers in detail t)e ra. materials, su""lier name and material "ri$e-

T)e "ositie and ne+atie deiations )ae been )i+)li+)ted and arious

reasons (or deiation )ae been analy/ed-


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1. INTOCTION TO TE ST/

It is a study about t)e inentory $ontrol in stores de"artment at SRI IYYAN

TEXTILE MILLS PVT LTD- It is about t)e ra. materials usa+e and need o(

ra. materials in t)e store de"artment

Inentory +enerally re(ers to t)e material in sto$0- It is also $alled t)e idle

re$ourse o( an enter"rise- Inentories re"resent t)ose items .)i$) are eit)er

sto$0ed (or sale or t)ey are in t)e "ro$ess o( manu(a$turin+ or t)ey are in t)e

(orm o( material .)i$) are yet to be utili/ed-

Inentory $ontrol is "lanned a""roa$) o( determinin+ .)at order, .)en to

order and )o. mu$) to order and )o. mu$) to sto$0 so t)at $ost asso$iated

.it) buyin+ and storin+ are o"timal .it)out interru"tin+ "rodu$tion and

sales-

T)is resear$) (inds t)e need (or material in t)e stores de"artment-


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2. INTOCTION TO TE INST/

T)e te1tile industry is a +rou" o( related industries .)i$) uses a ariety o(

natural 2$otton, .ool, et$-3 and4or synt)eti$ (ibres to "rodu$e (abri$- It is a

si+ni(i$ant $ontributor to many national e$onomies, en$om"assin+ bot)

small and lar+e5s$ale o"erations .orld.ide- T)e se*uen$e o( t)e

manu(a$ture o( te1tiles is illustrated in t)e (lo. dia+ram in 6i+ure 7 2see

"ro$ess des$ri"tion3-

Subdiision o( t)e te1tile industry into its arious $om"onents $an be

a""roa$)ed (rom seeral an+les- A$$ordin+ to re(eren$e 879:, t)e $lassi$al

met)od o( $ate+ori/in+ t)e industry inoles +rou"in+ t)e manu(a$turin+

"lants a$$ordin+ to t)e (ibre bein+ "ro$essed, t)at is, $otton, .ool, or

synt)eti$s- T)e modern a""roa$) to te1tile industry $ate+ori/ation, )o.eer,

inoles +rou"in+ t)e manu(a$turin+ "lants a$$ordin+ to t)eir "arti$ular

o"eration-

http://www.p2pays.org/ref/11/10489/sectors72.htmlhttp://www.p2pays.org/ref/11/10489/sectors72.htmlhttp://www.p2pays.org/ref/11/10489/sectors70.html#10http://www.p2pays.org/ref/11/10489/sectors72.htmlhttp://www.p2pays.org/ref/11/10489/sectors72.htmlhttp://www.p2pays.org/ref/11/10489/sectors70.html#10


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• ;ool S$ourin+<

• ;ool 6inis)in+<

• Dry Pro$essin+<

• ;oen 6abri$ 6inis)in+<

• =nit 6abri$ 6inis)in+<

• Car"et Manu(a$ture<

• Sto$0 and Yarn Dyein+ and 6inis)in+-

Traditionally, t)e te1tile industry is ery ener+y, .ater, and $)emi$al5

intensie- About >9? o( t)e ener+y is used by dyein+ and (inis)in+

o"erations 87@:- Enironmental "roblems asso$iated .it) t)e te1tile industry

are ty"i$ally t)ose asso$iated .it) .ater "ollution- Natural im"urities

e1tra$ted (rom t)e (ibre bein+ "ro$essed alon+ .it) t)e $)emi$als used (or

"ro$essin+ are t)e t.o main sour$es o( "ollution- E((luents are +enerally )ot,

al0aline, stron+ smellin+ and $olored by $)emi$als used in dyein+ "ro$esses-

Some o( t)e $)emi$als dis$)ar+ed are to1i$- t)er enironmental issues no.

$onsidered e*ually im"ortant and releant to t)e te1tile industry in$lude air

emissions, notably Volatile r+ani$ Com"ounds 2VC3 879:-

http://www.p2pays.org/ref/11/10489/sectors70.html#14http://www.p2pays.org/ref/11/10489/sectors70.html#10http://www.p2pays.org/ref/11/10489/sectors70.html#14http://www.p2pays.org/ref/11/10489/sectors70.html#10


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CO%0(N/ 0O*I"E

'ser id 5 sriiyyan

Name o( t)e (irm 5 Sri Iyyan Teti&es %i&&s 607 "td-

=ind o( business 5 yarn, Coimbatore

Conta$t "erson 5 Mr-!o+)an

Address 5 S-6-N-@7@, Mettu"alayam road,

N-S-N-"alayam2"o3,

Coimbatore5B7

City 5 Coimbatore

State 5 Tamil Nadu

P)one 5 75@5@>77F,9FFF-

Tel (a1 5 tal5@5@>79@G


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E5mail 5 iyyan+oldHya)oo-$om

;ebsite 5 admsonline-net

Re+d-o((i$e 5 >G, b)arat)i "ar0, Gt) $ross road,

Saibaba $olany,

Coimbatore5@B

P)one 5 G5@5@BFB@G, 75@5@@B9G-

O-8ECTI9ES

To (ind out (rom .)ere t)e ra. materials are "ro$ured (or t)e

"rodu$tion

To (ind out t)e arious materials maintained in stores

To (ind out t)e sto$0 leel in t)e stores de"artment-

To determine t)e VED analysis

mailto:[email protected]:[email protected]


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"I%IT(TIONS

Time .as a $onstrainin+ (a$tor

Analysis .ere done only in t)e stores de"artment at SRI IYYAN

TEXTILE MILL PVT LTD

T)e study $annot be +enerali/ed to ot)er de"artment or ot)er

$om"anies


10/25

ESE(C %ETOO"O:/

It may be understood as a sour$e o( studyin+ )o. resear$) is done

s$ienti(i$ally and ste"s t)at are +enerally ado"ted by t)e resear$)er in

met)odolo+y result usin+ resear$) "roblem alon+ .it) lo+i$ be)ind t)em-

Resear$) met)odolo+y results in usin+ resear$) met)ods t)rou+) .)i$)

solutions are arried (or t)e "roblem o( resear$)-


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%E(NIN: O* ESE(C

A $are(ul inesti+ation or in*uiry t)rou+) sear$) (or ne. (a$ts in any bran$)

o( 0no.led+e-

ESE(C ESI:N

A resear$) desi+n is t)e arran+ement, o( $onditions (or $olle$tion and

analysis o( data in a manner t)at aims $ombine relean$e to t)e resear$)

"ur"ose .it) e$onomy in "ro$edure

ESCI0TI9E ESE(C

Des$ri"tie resear$) in$ludes sureys and (a$ts (indin+ en*uiries o( di((erent

0inds- T)e ma#or "ur"ose o( des$ri"tie resear$) is des$ri"tion o( t)e state o(

a((airs as it e1ists at "resent-

(N("/SIS (N INTE0ET(TION


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9E (N("/SIS;

VED Analysis means, Vital, Essential and Desirable Analysis-It is t)e

Analysis (or monitorin+ and $ontrol o( stores and s"ares inentory by

$lassi(yin+ t)em into B $ate+ories i/-, Vital, Essential and Desirable- T)e

me$)ani$s o( VED analysis are similar to t)ose o( A%C Analysis-

9EC"(SSI*IC(TION;

;)ile in A%C, $lassi(i$ation inentories are $lassi(ied on t)e basis o( t)eir

$onsum"tion alue and in &ML analysis t)e unit alue is t)e basis,

$riti$ality o( inentories is t)e basis

(or ital, essential and desirable $ate+ori/ation-

T)e VED analysis is done to determine t)e $riti$ality o( an item and itse((e$t on "rodu$tion and ot)er seri$es- It is s"e$ially used (or $lassi(i$ation

o( s"are "arts- I( a "art is ital it is +ien JVK $lassi(i$ation, i( it is essential,

t)en it is +ien JEK $lassi(i$ation and i( it is not so essential, t)e "art is +ien

JDK $lassi(i$ation- 6or JVK items, a lar+e sto$0 o( inentory is +enerally

maintained, .)ile (or JDK items, minimum sto$0 is enou+)-


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Essential items are t)ose items .)ere sto$0 out $osts are ery )i+)-

• %elt2V3

7-Timin+ belt

-6lat belt

rease RRB rease A%B

Oi&

System 9

System 7F9

Sero >

&" 9

EE79

Distal .ater

earin+ .)eel

emery s)eet

Motor "ulley

A"ron

S"indle ta"

Su"er +lo.

Rin+ traellor

Sa(ety ale

Stra""in+ role

Stra""in+ $li"

M seal

Insulation ta"


16/25

ESI(-"E 0OCT ;

Desirable items .ill not $ause any immediate "rodu$tion

sto""a+es and t)eir sto$0 out $osts are nominal-

Tube li+)t2$)o0e3

Pus) button

Nailon "ress

6us0 unit

&TC +uide roller .)eel

&TC )al( +uide .)eel

&TC drie .)eel

Sa(ety ale

Rust li$0 >B7

Control ada"tor

Tension (or0

reese sli""le

S"indle brea0er

Se"arator

Solenoide ale

Pressure +au+e

ne .ay s.it$) >A

Motor $oolin+ (an


17/25

F "in so$0 $ut

B "in ta"


18/25

S00"IE (N 0ICE ET(I"S;

ITE% N(%E S00"IE N(%E 0ICE 6per

piece7

uide rin+

il seal

Pressure )oo0

(or

Brd ro.

Pressure "in

Round ni""le

RS% to" rollers

%earin+s

Re+ulator

Limit s.it$)

S;A Industries

2Coimbatore3

S&EEL

2Coimbatore3

=%R Industries

2$oimbatore3

ERSA Industries

2Coimbatore3

S;ITA Industries

2Coimbatore3

S;ITA Industries

2Coimbatore3

VISA=A Industries

2Coimbatore3

=TR Industries

2Coimbatore3

=MC En+ineerin+

2Coimbatore3

Rs- @-99

Rs-GF-99

Rs-BG-99

Rs-7F-99

Rs--99

Rs-7-F9

Rs-G-99

Rs-B-F9

Rs-7F-99


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ITE% N(%E S00"IE N(%E 0ICE 6per piece7

Conta$tor $oll

Cone ba+

Co"s ba+

Cut "ie$es

Emery s)eet

A"ron

S"indle ta"

Su"er +lo.

Stra""in+ roll

Stra""in+ $li"

Ta(lon ta"

RM% Industries

2Coimbatore3

ES;ARI Industries

2Coimbatore3

ES;ARI Industries

2Coimbatore3

Sand)amani industries

2Coimbatore3

=MC en+ineerin+

2Coimbatore3

TVR Industries

2Coimbatore3

&IND'STAN s"inners

2Coimbatore3

&IND'STAN s"inners

2Coimbatore3

&IND'STAN s"inners

2Coimbatore3

&IND'STAN s"inners

2Coimbatore3

Narasim)a industries

2Coimbatore3

VISA=A Industries

Rs-9-99

Rs-7G-99

Rs-B-99

Rs-7G-99

Rs-G-F9

Rs-7F-99

Rs-F-99

Rs-7F-99

Rs-@F-99

Rs-GF-99

Rs-B-99

Rs-@-99


20/25

uide rin+

Insulation ta"

Nailon "ress

&TC )al(

+uide

;)eel

Sa(ety

ale2@4Bin$)3

Control ada"tor

S"indle brea0er

Se"arator

Tieyarn

rease

ear .)eel

2Coimbatore3

ERSA Industries

2Coimbatore3

S;ITA Industries

2Coimbatore3

=M%R Industries

2Coimbatore3

=MC en+ineerin+

2Coimbatore3== Industries

2Coimbatore3

&IND'STAN s"inners

2Coimbatore3

TVR Industries

2Coimbatore3


2Coimbatore3


2Coimbatore3

== Industries

2Coimbatore3

Rs-G-99

Rs-@G-F9

Rs-B-F9

Rs--F9

Rs->-99

Rs-FG-99

Rs-B7-99

Rs-@F-99

Rs-GF-F9

Rs-779-99


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• Cone ba+

Co"s ba+

Cut "ie$es

Tieyarn

%elt2V3

7- Timin+ belt

- 6lat belt

%earin+

rease RRB

rease A%B

Oi&;

System 9

System 7F9

Sero >

&" 9

EE 79

Distal .ater

il seal

ear .)eel

Emery s)eet

Motor "ulley

A"ron

S"indle ta"

Su"er +lo.

Rin+ traellor

Sutly

Stra""in+ role

Stra""in+ $li"

M seal

Insulation ta"

%(TEI("S T(T (E SE E:"("/;


22/25

%us) button

Nailon "ress

6us0 unit

&TC +uide roller .)eel

&TC )al( +uide .)eel

&TC drie .)eel

Sa(ety ale2@4Bin$)3

Rust li$0 >B7

Control ada"tor

Tension (or0

reese sli""le S"indle brea0er

Se"arator

Solenoide ale

Pressure +au+e

ne .ay s.it$) >A

Motor $oolin+ (an

F "in so$0 $ut

B "in ta"

Ta(lon ta" uide rin+

Tube li+)t2$)o$03


23/25

*ININ:S

T)e $ost o( material (or t)e "rodu$tion ran+e (rom rs- G-F9 to 7792"er

"ie$e3-

Most o( t)e su""liers o( t)e ra. materials are in Coimbatore, so t)e

su""ly o( ra. materials do not interru"t t)e "rodu$tion-

%y usin+ VED analysis .e $an $on$lude *uantity leel o( ra.

materials based on

7- ital items are $ostlier t)an $om"aratie ot)er but it most

.anted (or t)e re+ular "rodu$tion

- In essential items $om"aratie .it) t)e ital items $om"aratie

.it) t)at must o( im"ortant but it also re*uired (or t)e

uninterru"ted "rodu$tion-

B- re$ords o( t)e +oods $omin+ into t)e $om"any and +oin+ out

are bein+ noted-


24/25


25/25

CONC"SION

T)is "ro#e$t re"ort )as enabled me to +et a $lear insi+)t on t)e inentory

$ontrol in stores de"artment and su""lier name details o( t)e $om"any- T)is

re"ort .ill be ery )el"(ul to t)e mana+ement be$ause t)ey must be

$ons$ious o( t)e inentory in t)e stores de"artment- %y t)e VED analysis

)ae analy/ed t)e im"ortant ra. materials- So .e $an maintain t)e ra.

materials by usin+ VED analysis- It may redu$e idle time o( ma$)ines and

.or0ers- T)us t)is study .ill be )el"(ul in maintainin+ ra. materials

$orre$tly-

a study on ved analysis done at sri iyyan textile mill pvt ltd, coimbatore

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