Procurement Management of Materials for Production of Biscuits (Britannia Industries Ltd.)
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Date
2012
Authors
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Publisher
Birsa Agricultural University, Kanke, Ranchi, Jharkhand
Abstract
The Project report title “ Procurement management of material for production
of biscuit (BRITANNIA INDUSTRIES Ltd.) is intended to determine the
procurement of materials for the production of Britannia biscuits.
During my training programme, the thrust was given on the different
storage area godowns. The Housekeeping and the things related to the purchasing
of material. To achieve the defined objective structured to study the efficiency of
procurement management practices adopted by Britannia industries Ltd.
As soon as the material was received in the receipt section, it was
entered into daily receipt book and given an ORB No in register. It included the detail
like GR No; Number of boxes, Transporter Name, Bill, Challan No., Date of Delivery,
and Purchase Order No, the boxes were then opened and checked with respect of
quantity. A receipt voucher was made giving the details of material specification,
quantity dispatched as per challan, quantity received and other detail related to this
transaction. After making the Receipt Voucher the user department was informed to
inspect the material. Materials are inspected and signature obtained on Receipt
Voucher then material was sent to store.
Parry's sugar Industries Hullati – 581329 is vendor of commodity sugar
of Britannia Industries Limited. Quality of sugar which is used in preparation of
biscuits was very fine, but during transporting from one place to another place
sometimes hooking was done by labours during unloading resulted moisture content
in the sugar increased. However some of bags were found without making any hook
mark. The quality of sugar of this type of bag was quite better as compared to
hooking bags.
C.W.C godown was having capacity of 5,600 Bags, but in case of
excess bags either fresh or old stock restacking was also done in the godown for
keeping bags. During study period it was found that some of old bags were kept in
the godown and fresh bags were stacking on old bags. This type of storage method
made damage to new stock also.
Materials were loaded and unloaded by the labours. No hooks were
use in this process, but sometimes mishandling was also done by labours. Which
were causes of some damage during the process.
Investigator is in opinion that the company should adopted just in
time. So that the company should not block it‟s found in extra inventory. The
company should higher two or three supplier so that the company can get material
as per the need or requirement. The company should not depend only one supplier
because it may possible than in some unfavorable time the supplier would not be
able to supply inventory in proper time. Due to which the company production
process can face severe problem. The company can get following benefits if it
adopted just in time.
Description
Procurement Management of Materials for Production of Biscuits (Britannia Industries Ltd.)
Keywords
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