A study on VED analysis done at SRI IYYAN TEXTILE MILL PVT LTD, Coimbatore
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Transcript of A study on VED analysis done at SRI IYYAN TEXTILE MILL PVT LTD, Coimbatore
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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
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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
$om"anies
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ESE(C %ETOO"O:/
It may be understood as a sour$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"
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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
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F "in so$0 $ut
B "in ta"
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S00"IE (N 0ICE ET(I"S;
ITE% N(%E S00"IE N(%E 0ICE 6per
piece7
uide rin+
il seal
Pressure )oo0
(or
Brd ro.
Pressure "in
Round ni""le
RS% to" rollers
%earin+s
Re+ulator
Limit s.it$)
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+ $li"
Ta(lon ta"
RM% Industries
2Coimbatore3
ES;ARI Industries
2Coimbatore3
ES;ARI Industries
2Coimbatore3
Sand)amani industries
2Coimbatore3
=MC en+ineerin+
2Coimbatore3
TVR Industries
2Coimbatore3
&IND'STAN s"inners
2Coimbatore3
&IND'STAN s"inners
2Coimbatore3
&IND'STAN s"inners
2Coimbatore3
&IND'STAN s"inners
2Coimbatore3
Narasim)a industries
2Coimbatore3
VISA=A Industries
Rs-9-99
Rs-7G-99
Rs-B-99
Rs-7G-99
Rs-G-F9
Rs-7F-99
Rs-F-99
Rs-7F-99
Rs-@F-99
Rs-GF-99
Rs-B-99
Rs-@-99
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uide rin+
Insulation ta"
Nailon "ress
&TC )al(
+uide
;)eel
Sa(ety
ale2@4Bin$)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
Sand)amani industries
2Coimbatore3
Sand)amani industries
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+ $li"
M seal
Insulation ta"
%(TEI("S T(T (E SE E:"("/;
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%us) button
Nailon "ress
6us0 unit
&TC +uide roller .)eel
&TC )al( +uide .)eel
&TC drie .)eel
Sa(ety ale2@4Bin$)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
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*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 $om"any and +oin+ out
are bein+ noted-
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CONC"SION
T)is "ro#e$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-