kedar food projects
Transcript of kedar food projects
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CHAPTER -1
INTRODUCTION
1.0 General Introduction
Organization is processes of collection of interacting and interdependent
individual who work jointly under a managerial group in order to achieve certain
common objective of an organization.
Organization study in involving all functional departments are operating within the
organization, relationship between the low management and top corporate
management, structural changes, job enrichment in manufacturing firm, factors
influencing the organization.
In this report we can know the study history, achievements and milestone of the
company and also we can get the clear picture of the financial position of Kedar
Food Products ltd. The production process carried within a organization. And also
SWOT is highlighted.
It is one opportunity for me to carry on the corporate learning and exposure at
Kedar Food Products, pickle for the fulfillment of MBA degree. This project
includes the organization study.
1.1Objectives of the Study
To understand the organization structure. To know the functional departments of the organization and its works. To know what are all problems faced by the KFP pickle company. To analysis of McKENSYS 7S frame work model. To know the SWOT analysis of company.
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1.2 Scope of the Study
This study is limited to KEDAR FOOD PRODUCT Company, Beligavi,
Shiralkoppa, and Shimoga for the period of one month from august 8th
to Sep 8th
.
The study focused on the various department of the organization. The study is
helpful to gain knowledge about the organization, functions of departments and
helped to identify what are the problems faced by the company.
1.3 Methodology
Methodology means the systematic study of the method. Principles, procedures and
rules applied within a discipline. On the other hand this method is personal approach,
where the information is collected by direct interaction with the office staff and
internal guide and from websites. Research is a systematic effort to gain new
knowledge from known to unknown.
1.4 Sources of Data
Primary DataPrimary data are those collected in a first time. These data are original data and
these data didnt used by any others. The main sources for primary data are
observation, interview, and discus with the head of the department.
Secondary SourcesThe data which someone else has already collected and used for some purpose. The
main sources of secondary data are websites, referred books.
1.5 Limitations
The management refuses to give all information about the company. The study is limited for the period of one month.
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CHAPTER 2
INDUSTRIAL PROFILE
2.1 Introduction
Food processing sector is critical to India's development. With India being one of the
world's largest producers of food the sector plays an important role in contributing to
the development of the economy. Strong growth over the past few years and the
growing income of middle class population, there has been a positive impact on
consumer spending and consumption in both rural as well as urban areas. India is
world's second largest producer of fruits and vegetables India is largest producer of
milk in the world India is third largest fish producer in the world
2.2 Food Processing Industry
Food processing involves any type of value addition to agricultural or horticultural
produce and also includes processes such as grading, sorting, and packaging which
enhance shelf life of food products. The food processing industry provides vital
linkages and synergies between industry and agriculture. With a huge agriculture
sector, abundant livestock, and cost competitiveness; India is fast emerging as a
sourcing hub of processed food. India's food processing sector covers fruit and
vegetables; spices; meat and poultry; milk and milk products, beverages, fisheries,
plantation, grain processing and other consumer product groups such as
confectionery, chocolates and cocoa products, soya-based products, mineral water,
high protein foods etc. The Indian food processing industry accounts for 32 per cent
of India's total food market. Estimated to be worth US$ 121 billion, it is one of the
largest industries in India, and is ranked fifth in terms of production, consumption
and exports. The food processing industries attracted foreign direct investments
(FDI) worth US$ 1,661.85 million between April 2000 to September 2012,
according to the latest data published by Department of Industrial Policy and
Promotion (DIPP).
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2.1 Global Scenario
Global Processed Food Industry is valued at US $ 3.2 trillion and accounts forover 3/4th of global food sales.
Despite the large size of the industry, only 6% of the processed food is tradedthe world over as compared to bulk agricultural commodities where 16% of
produce is traded.
Growth of the sector has been the highest in developed economies, especiallyacross Western Europe, North America, Japan and Australia.
USA is the single largest consumer of processed food and accounts for 31% ofglobal sales.
The food processing sector has seen substantial growth in developingeconomies with increase in GDP, per capita income and the resultant changes
in lifestyle.
Organized retailing and availability of better processing technologies too havecontributed to the accelerated growth of the sector.
2.3 Indian Scenario
The food processing industry in India is one of the largest in terms of production,
consumption, export and growth prospects. The government has accorded it a high
priority, with a number of fiscal reliefs and incentives, to encourage
commercialization and value addition to agricultural produce, for minimizing pre-
/post-harvest wastage, generating employment and export growth.
Indians food processing sector covers a wide range of products-fruit and
vegetables; meat and poultry; milk and milk products, alcoholic beverages,
fisheries, plantation, grain processing and other consumer products, like
confectionery, chocolates and coco products, soya-based products, mineral water,
high protein foods and so on.
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2.3.1 India has Followings in the Processed Food Sector
India is one of the largest food producers in the world India has diverse agro-climatic conditions and has a large and diverse raw
material base suitable for food processing companies
India has huge scientific and research talent pool A largely untapped domestic market of 1,000 million consumers 300 million upper- and middle-class consume processed food 200 million more consumers expected to shift to processed food Well rapid urbanization, increased literacy, changing lifestyle, increased
number of women in workforce, rising per capita income-lead in to rapid
growth and new opportunities in food and bevel 3rages sector
Strategic geographic location (proximity of India to markets in Europe andthe far east, south east and west Asia)
2.3.2Following are Major Challenges Faced by Industry
Consumer education that processed foods can be more nutritious
Low price-elasticity for processed food products. Need for distribution network and cold chain Backward-forward integration from farm to consumers Development of marketing channels Development of linkages between industry, government and institutions. Taxation in line with other streamlining of food laws.
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2.4 Regulatory Regime / Food Related Laws
Ministry of Food Processing Industries:This is the main central agency responsible for promoting and regulating the food
processing sector. The ministry covers the products of fruits and vegetables, dairy,
meat, poultry, fisherys, consumers food, grains, non-molasses-based alcoholic d
rinks, aerated water and soft drink. It acts as a catalyst for bringing in grater
investments into this sector. The ministry has accorded highly priority to this sector
with a number of policy measures, incentives and schemes announced from time to
time. The National Food Processing Policy is one such initiative, which aims to
create an appropriate climate for investment in the industry.
The following are the food laws applicable to food and related products in India and
the food processing industry has to comply with their legal requirements
Food Safety and Standards Act, 2006This aim to achieve a high degree of consumer confidence in the quality and safety
of produced, processed, sold or exported food and has been enacted to:
Consolidate the laws relating to food Establish the Food Safety and Standards Authority of India for laying down
science based standards for articles of food
Regulate manufacture, storage, distribution, sale and import of food articleswith a view to ensure availability of safe and wholesome food for human
consumption.
Pool infrastructure, manpower and testing facilities for better standardfixation and enforcement through their proper re-deployment.
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2.5 Major Players in Indian Food processing
ITC Limited Parle Products Pvt. Ltd. Agro Tech Foods Amul Perfetti India Ltd. Cadbury India Ltd. PepsiCo India Holdings Nestle India Pvt. Ltd. Britannia Industries Ltd. Hindustan Lever Limited Milk food
2.6 Types of Food Processing
The extent of processing can be categorized as follows:
Primary Processing: cleaning, grading, powdering and refining ofagricultural produce, e.g., grinding wheat into flour
Secondary Processing: basic value addition, e.g., tomato-puree, groundcoffee, cleaning and processing of meat products.
Tertiary Processing: high value addition products like jams, sauces, biscuitsand other bakery products that is ready for consumption at the point of sale.
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2.7 Present Prospectus of Food Industry
Fruits & Vegetables
The installed capacity of fruits and vegetables processing industry has doubled from1.1 mn tonnes in January 1993 to 2.1 mn tonnes in 2006. Presently, the processing of
fruits and vegetables is estimated to be around 2.2% of the total production in the
country. The major processed items in this segment are fruit pulps and juices, fruit
based ready-to-serve beverages, canned fruits and vegetables, jams, squashes,
pickles, chutneys and dehydrated vegetables. The new arrivals in this segment are
vegetable curries in retortable pouches, canned mushroom and mushroom products,
dried fruits and vegetables and fruit juice concentrates.
Exports of Processed Fruits & Vegetables (Quantity in MT, Value in Rs Mn)
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Present Level of Production of Different Types of Food Commodities
Type of food Commodity
Quantity
(Mt)
Average
price
Value (Rs.
In Crore)
1. Durables (cerealspulses, oilseeds, etc.)
230 10,000 230,000
2. Semi-perishables(potato, onion, sweetpotato, tapioca etc.)
40 3,000 12,000
3. Perishables (fruits,
vegetables, milk, meat,fish, eggs etc.)
210 15,000 315,000
Total/Average 480 11,604 557,000
2.8 Future Prospectus
The Indian food services industry is estimated to be nearly worth Rs 75,000 crore
(US$ 13.77 billion) and is growing at a healthy compound annual growth rate
(CAGR) of 17 per cent, according to a Franchise India report released at the Indian
Restaurant Congress. It is expected to reach Rs 1,370 billion (US$ 25.16 billion)
by 2015. "In the future, the organized market is expected to grow even faster - at
around 20 to 25 per cent per annum," according to Mr. Gaurav Marya, President of
Franchise India.
The Indian food services industry is anticipated to grow at a CAGR of around 12 per
cent during 2012-2015, as per a RNCOS research report titled, 'Indian Food Services
Market Forecast to 2015'.
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CHAPTER 3
COMPANY PROFILE
Introduction
The Kedar Food Product company (KFP) started in1985. The founder of the
company is Mrs. M.L. Vasantamma and Mr. M.N. Lakshmanshetti. The company is
situated in Belgavi, Shiralkoppa, shimogga, Karnataka. In this company produce
different varieties of pickles. When they start industry they were invested only Rs
1000 and produce 50kg pickles in first time. In that time they were having only 2
workers. Later year to year increase in production capacity. Now they produce
6tone pickles in one a day. Is one of the famous pickles industries in a market. KFP
Company having a brand name is A1 pickles. Mrs. Vasantamma is a proprietor of
the company, she was analysis the market and she captures the opportunity in the
market. The company covers 80% areas in Karnataka. It has agents all over the
Karnataka. The company is having a seasonal and continuous production process.
The pickles company is mainly depending on the seasonal products like mango,
lemon, and chili etc., this type of pickles are stored and preserved for longer period.
Whenever there is demand or order for pickles then the company goes for produce
pickles using preserved vegetables.
3.0 Company Profile
Companys full name : Kedar Food Product co.
Founder : Mrs. M.L. Vasantamma and
Mrs. M.N. Lakshmanshetti
Established : 1985
Location : Belgavi, Shiralkoppa, Shimoga (d), Karnataka,
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Employees : 150
Production : 180 tons per month
Telephone no : 08187-234481
Fax : 08187-233591
3.1 Present Position of Company
Employees : 150
Production capacity : 6tones per day
Sells : 5 tons per day
Turnover : 3 core in a year
Objective of the Company
To earn profit with low cost.
To provide good quality products to final consumers.
To survival and sustain in the market.
Values
Maintain cleanness in the work place. Discipline in the company. Produce good quality products.
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Nature of Business
The KFP Company manufacturing the different types of pickles according to the
market demand and availability of raw materials. The company produces the
products to meet the orders from the agents. Its best strategy is maintained orproduces good quality products.
Working Schedule
Work starts : 9 am
Leaser : 12-12.30 pm
Lunch time : 2.30-3 pmLeaser : 4-4.30 pm
Finishing time : 6 pm
3.2 Infrastructure Facility
Location: - The plant located in Beligavi, shiralkoppa, shimogga (D). it is about
2km from Shiralkoppa town. The location having necessary infrastructure facility
like power, transportation, road, water supply, communication etc.
Land: - The total land available is 2 acres. The land is having all infrastructure
facility.
Building: - The KFP has constructed a building according to the process of
production. There are various sections like store room, cutting room, production &
packing rooms, etc.
Power: - The KFP is having power facility, if in the case the power failure, the
company having generator facility.
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Transportation: - The location is nearest to city, so it having good transportation
facility. The KFP having own vehicles for transportation and to meet the customer
orders. The company having only one vehicle for transportation.
Plant &Machinery: - For the purpose of production KFP have different machines
like mango cutting machines, sealing machine, mixing machines.
3.3 Product Profile
The Kedar Food Product Company produces different variety of pickles. For the
preparation of different products they need different variety of sources like
mango, chili, lemon etc. and other raw materials are same for all product like salt,
mustered, asafetida, spices, etc,. The company produces products they are,
Janani pickles : Janani pickles is made by using mango pieces Sankranthi pickles: This pickles made by using lemon. Citron pickle Janani pickles (lemon pickles) Mixed pickles Tender mango pickles
Raw Materials
Mango pieces Lemon pieces Citron pieces Green chili Methi Jeera
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Turmeric Sugar Salt Chili Mustard Asafetida Edible oil & Spices
Problems Facing by the Company
Lack of raw materials. Poor experienced labors. More computation in the market. Lack of transportation facility. Financial problems.
Mango Pickle
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Lemon Pickle
Mixed Pickle
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CHAPTER 4
ANALYSIS OF McKINSEY 7S MODELS AND FUNCTIONAL
DEPARTMENT
The 7-s framework of Mckinsey is a value based management that describes the how
one can holistically and effectively organizing a company all activities, it is a tool for
managerial analysis and action that provides a structure, a good strategy to solve the
managerial problems and to effectively manage the company.
The McKinsey 7s framework is a management model developed by well known
business consultants Robert H. waterman. Jr and Tom peter in 1980s, the model is
most often used as a tool to asses and monitor changes in the internal situation of an
organization. The model can be used to help identify what needs to be realigned to
improve performance or maintain organization well structuring all functional
departments. Whatever the type of change restructuring, new process,
organizational merger, new systems and so on the model can be used to
understanding how the organizational elements are interrelated. The model consists
of 7 elements.
Objectives
To improve the performance of a company To examine the likely refers of further changes within a company. Align departments process during a merger Determine how best to implement a proposed strategy.
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4.0 Structure
The organization structure refers to the network of relationships among individuals
and positions in on organization. The modification of organizational structure to
support digital marketing. The way the organizations units related to each other like
functional divisions, network from top to down. Is development of specific process or
information systems to support all activities.
Every success of organization is depending upon well structural organization
structure. It make simple and it must be communicatable to every employees.
Organization structure is for carrying out of the functional planning, decision
making, control and communication. The top to low management should be well
communicatable. The top management implements the policies, rules and regulations
to low level management. All information should be communicating properly to
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employees and avoid confusion of deleting their work. Organization structure is the
basic framework to designate responsibility, functions and duties.
Organization Structure
Managing Director
ProductionManager
HR
Manager Finance Manager MarketingManager
Supervisor Supervisor Sales &
Distribution
Workers Workers Agents
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Analysis
The above organization structure shows the managing patterns of the company.
Managing director is in top management and he appoints the production manager,
finance manager, marketing manager and HR manager. He always contact and
coordinate with all departments. All functional activities controlling by the managing
director. He is one person take any decisions in the organization.
Following are the main department in organization
Production department HR department Finance department Marketing department
4.1.1 Production Department
Production is a systematic process of conversion of inputs into output. Output refers
to finish products for this manufacture need some raw materials and other resources.When a business completes this process they are able to achieve customer
satisfaction by producing products that are ready to be used and fit for purpose. The
department having main responsibility like it has to maintain and produce good
quality of products. It has to satisfy consumer needs. They will need to carry out
inspection and implement suitable quality initiatives. This is one of the major duties
of this department because if mistakes are made on products, customer satisfaction
will be decreased or if products are ruined during the production process it means
that the company will have to throw "bad" products away. Each and every product
having good quality. Before distribution of product it should inspect quality of
products. This department produces the products according to the order or
information by marketing department.
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In KFPL company having a good ventilation facility within the production
department and outside of the department. They having layout according to the
process of production. The organization maintains good quality in the production
process and maintain clean environment. The department have interlink with otherdepartment in the organization and having good storage rooms.
Production Department Structure
The KFPL Company, the production department headed by managing director. He is
responsible to maintain all activities relating to production of products. He assigns
the works to workers. He is checking the quality of production. If any wrong in the
production, Managing director is solve the problem whatever comes in production
department. Managing director assign work to supervisor, he assigns work to
workers. For the production process they use different type of machines according to
the procedure. They use 3 different types of machines they are,
Mango Cutting MachineThis machine used for only cutting mangos only. The department having only one
machine and the cost of this machine is 2lakhs.
Manager
Supervisor
Workers
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Mixing MachineThis machine used for mix the vegetable fruits and mango with the all ingredients.
The cost of this machine is Rs. 60000.
Sealing MachineIn the production department having 8 sealing machines. The cost of this machine
Rs. 15000. This machine used for the purpose of packing and sealing pickles packs.
Production Process
Purchasing
Wash & Dry
Cutting section
Crud and Store
Mixing with
other
Packaging
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PurchasingThe KFP Company, first job is to purchase all raw materials whatever is needed for
production. In raw material there are 2 different types such as main raw material like
mango, lemon etc, and other raw material which includes spices, oil, mustard etc,
The main raw materials are available in particular seasons, so the company purchases
more raw materials in that different seasons from the formers. And other type
materials are available in all situations.
Wash and DryIn this process after purchasing main raw materials like mango, lemon and other
vegetables are wash in clean and then dry them.
Cutting SectionAfter wash and dry the vegetables and fruits then next step is to go for cutting
section. These raw material are cut into a specified slices by using cutting machines,
knife and by hands. Here there use specified cutting machines for mango only.
Crud and StoreIn this process store and curd all small slices in salt for a some of periods. This is the
main process increasing the taste of pickles. If company crud and store it in salt with
longer duration then the tastes of pickles are increasing.
Mixing with otherHere, when the company gets an order for pickles, then it go for next step is mixing
all main raw material with other sub raw materials. After the crud and store slices,
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then next is slices are mixing with other raw materials such as spices, oil, mustard,
methi, jeer, sugar, salt, turmeric, asafetida, chili by using mixing machines.
PackagingAfter finishing all process of production the last step is packaging of final product in
different packages. The packs are all in specified size.
Objectives of Production Department Improving quality of productions. Maintain good quality Avoid unanticipated accident in production department. Minimizing wastage of raw material.
Production Department Functions Maintain good quality of production Updating production process time to time Take measures to avoid accidents in working time.
Quality ControlQuality control is an important part of any food preparation process. It is particularly
important in pickle making because poor quality control will result in an unpalatable
product. The process begins in the field while the vegetables are being harvested.
Trained workers inspect the vegetables for any signs of spoilage. If any spoiled
cucumbers are found, they are discarded. Most manufacturers set specifications that
the vegetables must meet before use. During production, regular quality control
measures should be taken by the company. At the final stage of production, company
test the product all raw materials contains is correct or not.
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Inventory ManagementEvery enterprise needs inventory for smooth running of its activities. It serves as a
link between production and distribution processes. There is, generally, a time lag
between the recognition of need and its fulfillment. In accounting concept it may
mean stock of finished goods only. In a manufacturing concern, it may include raw
materials, work in process and stores, etc.
KFP Co is adopting Determination of stock level techniques for inventory
management. They purchase a raw material when there is reorder level. They also
purchase raw material on the basis of demand and some raw materials are available
in some seasonal only. So the company purchasing that material and kept it for
period of one year until the season come for next year. Other than main raw material
(chili, sugar, spices, etc.) are purchase on the basis of demand and requirement for
production of pickles.
4.1.2 Purchase Department
Purchasing is a main step for production process in the organization. The purchasingdepartment objective is providing optimum level and good quality necessary raw
material within a reasonable time.
Functions of Purchase Department To buy at the right time, right price and right terms Ensuring the continuity of supply Selection and evaluation of suppliers/vendors Preserving and enhancing reputation of company Aware of all supply options Maintain stock level
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KFP co, its manufacturing process is mainly depending on the seasonal raw
materials. The raw materials are available in different seasons and within that season
the purchasing department must purchase high quantity with good quality of raw
materials whichever is necessary for production process. Purchasing department mustmaintain optimum level of raw materials.
4.1.3 Marketing Department
Marketing department is a systematic process in the organization. This department is
very important to every organization for success in the market. Marketing is main
object is to build good customer relationship by satisfying the customers. Marketing
having a good distribution channels in the market. This department wants to
communicate and reach our products to final consumer. It tries to attract the
consumer by providing good quality with different packaging style and with
advertisement by using different communication channels. If the marketing
department observes any default in the products and production department then it
should communicate to production department to correct the default and improve the
products quality. This department inform to production department relating to size
and quality of productions on the basis of demand and supply of products within the
market. Marketing activity in important rather than other activity in the organization.
Some companies fail to sustain in the market because the reason is poor marketing
activity.
Market is main department in every organization to marketing product and
communicates the people. Marketing means buy and selling of goods within
particular area. Marketing activity is very important to capture market and survival in
the market.
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Market Department Structure
Analysis
Manager in the marketing department, he is responsible to all market activity. He
should take decisions relating to marketing like packaging, advertising, selection ofdistribution channels etc. He prepares new plans, strategies for promoting a product.
He should analyses market conditions and identify the customers are what they are
expecting and also in which way communicate the people. He do research in market
and identify which product is necessary for people. According to competitors market
strategy, he prepares new good marketing strategies.
In KFP Company, marketing manager gives guidelines to sales and distribution
departments. Its main work is to selling of products to agents in different areas. Then
the agents are all sell the products to different shops, stores in different areas. Then
lastly the shops sell to consumer.
Manager
Sales &
Distribution
Agents
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Functions of Marketing Department Prepare well plans and strategies. Fixing price for products by considering all the factors.
Design good package style with good protective measure. Choose good distribution channels. Select promotional channels and it must be easily identified by the
consumers.
The advertisement must be understandable by people. Do market research time to time.
BrandBrand name is different from one product to another or differs from one company to
another. Is used for a particular product for specific firm. From the brand name the
people can recognize the products very easily. A firm can use any words or pictures
or may use slogans or symbols etc., but they different form another company
products brand name.
The KFP Companys brand name is A1 pickles. It indicates good quality and its
products are all number one in the market. These types of brand names are attracting
the people easily. This company having good reputation as well as brand name.
PriceDetermination of price for products is very difficult task. Product price including all
expenses incurred for prepare a products and also percentage of fixed profits. On this
basis, the firms are deciding the prices. Some firms determine the price on the basis
of competitors price, demand for products, market conditions, supply of product, cost
of production etc,. . There is so many types in price determine is skimming price,
cost of production, penetration price, competitors price etc. The KFP company fix the
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price for different variety pickles on the basis of production process cost and it follow
cost of production method. In product price they involve cost plus 5% profit. They
dont bother about market fluctuations. Competitors product price and any other
factors, while determining the product price.
PackagingThe main task is attracting the consumer by way of different packaging and also
another task is package must protect the product. In the time of transportation they
may be chances of damages and may be chances of decrease quality of product. So
the marketing manager should choose correct packaging method.
KFP company packaging method is very good and it use materials for packaging is
containers, covers, plastic bottles, plastic covers, labels etc. they use different type of
labels for different variety of pickles. This company pickles available in the
minimum size is kg to maximum level packs is 5 kg packages. kg, kg, 1kg,
2kg, and 5kg pickles bottles are available.
PromotionWithout give advertisement any people cannot identify our products which are
available in the market. Without promotion activity any company cannot sustain in
the market. But the KFP company starting to till know is didnt give any
advertisement in any media but also the company products are very popular in the
market and it having very good reputation in the market.
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DistributionThis company is having very strong distribution channel. The company products are
distributing through agents. In all Karnataka, they are having agents. These agents
are purchase products from the company and then they sell it to shops and stores. The
company having 26 agents with in the Karnataka,
4.1.4Human Resources Department
Human resource management refers to managing employees and builds good
relationship between the management and employees in the organization. Human
resource management involve in recruitment, selection, procurement, motivation,
performance appraisal of employee and other activities.
Objectives of Human Resources To acquiring the employee according to requirements. To full utilization all resources in organization. To maintain human resources properly. Communicate all HR policies to all employees. Provide well trained employees to organization. Build good relation among the employees.
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Human Resource Department Structure
Functions of Human Resource Department Planning for recruiting. Recruiting the employees. Maintaining staffs. Maintaining all records relating to human resources. Build good relations among the employees.
Director
Manager
Supervisor
Workers
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Human Resource Department Process
Recruit Procedure The manager identifies need of workers in the company. They call for job. Recruit the employee.
In this company, they do not to adopt any application procedures. They directly
recruit the employees on the basis of his character or behaviors. Recruiting the
employee when there is a more demand for products and if there is a scarcity of
workers in the company. There is no procedure to recruiting employees like
application, interview, induction etc.
Maintenance of humanresource
Acquisition of human
Motivation of humanResources
Development of humanresources
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The employees those who are working in this company are all not educated. Because
the company is need only employees is not require any qualification for doing a job.
Uneducated can also do work. The employees having good relation with themanagement.
TrainingOrganized activity aimed at imparting information and/or instructions to improve the
recipient's performance or to help him or her attain a required level of knowledge or
skill.
Types of Training
On-the-jobOn-the-job trainings are given to the employees while they are conducting their
regular works at the same places. In this way they do not lose time while they are
training or learning. After a plan is developed for what should be taught, employees
should be informed about the details. A time table should be establish with periodic
evaluations to inform employees about their progress.
Off the-jobEmployee training at a site away from the actual work environment. It often utilizes
lectures, case studies, role playing, simulation, etc. see also on the job training.
KFP Company gives on the job training to newly recruit employees. There is no
specific training schedule or department. They give instruction and guidelines to
employees relating to how to do job. The company use on the job training program
and it for the period of 1 to 5days only.
Salary and WagesWages and salaries include the values of any social contributions. Wages and
salaries in cash consist of wages or salaries payable at regular weekly, monthly or
other intervals, including payments by results and piecework payment; plus
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allowances such as those for working overtime; plus amounts paid to employees
away from work for short periods.
According to minimum wages act of 1936, every company should provide fair wages
and other facilities to workers.
The KFP co is providing fair salary to workers once in a week. The salary is
providing on the basis of gender of employees. Company is giving 220 rupees per
day for male employees and 190rupees for female employees. It gives additional
wages for doing additional extra work by workers.
4.1.5 Finance Department
Finance is main part in the organization. Without finance we cant do any one small
activity also. Without finance in business is like without blood in body. The term
finance refers to money or a fund available to a firm. There is a necessity of
managing the funds properly and efficiently for achieving the object of the business.
So is the financial activity which is concerned with the planning and controlling of
the firm financial resources. Business finance is concerned with the acquisition and
utilization of funds in a business.
Functions of Finance Department Maintain all books of accounts and keep all records relating to business. Allocate firms funds to all departments or activities. Properly use funds within a organization. Payment of wages and salaries Payment of bills. Preparation of final accounts and annuls reports.
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In KFP co, all financial activities are managed by finance manager. There are no
workers in the finance department except manager. Yearly one time auditor is
auditing all records of the company.
4.2 Skills
Skills refers to distinctive capabilities of the staff but can be interpreted as specific
skill sets of team members. Every organization staff having specific skills, strength to
do a work. The skill includes those characteristics or distinctive competence which
most people use to describe a company. Skills indicate that an employee having a
some skills to needed to do work or to follow organization plans policies and
strategies. The company requires some technical skills for production and
manufacturing, marketing the products. Through providing training and development
to employee for enhancing skills.
The different functional departments need different skills. Production department
require more skill regarding production to maintain good quality. Market and HR
department require good communication, writing, verbal skill. Those employees must
have better knowledge about the company. Higher level management must havinggood analytical skills like analyzing in dividable employee strength and weakness,
from this they can arrange the work and they identify is a need of training to
employees.
HR manager or executive are have special skills for formulae the training and
development programs, use of resources may be human, material resources and also
appraisal of employee performance.
Marketing executive have a skills like verbal and writing communication, good
contact with customer good speaking skills. Finance manager have some skills like
maintain all transactions and book of account.
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In KFP Company, workers they are have huge skilled manpower. The workers are
specialized in their specific work in the organization. Company do performance
appraisal time to time and provide training for the purpose of improve skills and
knowledge of the work. The company is satisfying the customer needs throughproviding good quality products by using well skilled workers.
TrainingKFP ltd company training program is very simple. It provide on the job training. The
training period is between the 5 days to 10 days. The pickles production process is
simple work and any one can do that work. So the fresh employee can understand the
work quickly. So the training period is limited.
Analysis of Skill
Skill is a person knowledge, understanding capacity, behavior etc., the organization
is allocating the work to employees on the basis of their skill and knowledge about
the work.
4.3 Style
Style includes both the way in which key managers behave in achieving the
organizations goals and the cultural style of the organization as a whole. How
managers collectively spend their time, attention and how they use symbolic
behavior. The leadership approach of top management and the companys overall
operating approach.
Style is the leadership approach, also the way in which the organization employees
present themselves to the outside world contact with the customer and suppliers.
The KFP Company is having different style. Company is very honest and it give
more importance to work as well as customers. It does work time to time according
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to the order received. They want to do work to satisfy the consumer by producing
different varieties of pickles to market.
4.4 Strategy
Strategy refers to plans for the allocation of firm scare resources, over time, to reach
identified goals. Is a direction and scope of the company over the long term, set of a
decisions and actions aimed at gaining a sustainable advantage over the competition,
strategies are directing all manager, communicating as well as implements the
objectives. The strategy shows how do we deal with competitive pressure? How are
changes in customer demands dealt with? How is strategy adjusted for environment
issues?
Every company adopts some strategies to compete with others or it would be provide
good quality of products to customers. Likewise KFP Company also has some
strategies.
Strategy is
To encourage the formers who growth main raw materials of pickles likemango, lemon etc
To provide best quality products to customers. To provide products with less cost To create good image in the mind of people by using attractive brand name is
A1 pickles.
4.5 Shared Values
Shared values are commonly held beliefs, mindsets, and assumptions that shape how
an organization behaves its corporate culture. Shared values are what engender trust.
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They are an interconnecting center of the 7Ss model. Values are the identity by
which a company is known throughout its business areas, what the organization
stands for and what it believes in, it central beliefs and attitudes. These values must
be explicitly stated as both corporate objectives and individual values.
4.6 Systems
Formal and informal procedure that goner everyday activity, covering everything
from management information systems at the point of contact with the customer.
Shared value it refers to all firms activities like HR planning, recruiting, purchasing
plans, training, motivations etc. and it also involve rules and regulations, duties,responsibilities of employees within the organization. All the information should
systematically follow from top management to low level management.
Systems define the flow of activities involved in the daily operation of business,
including its core processes and its support systems. They refer to the procedures,
processes and routines that are used to manage the organization and characterize how
important work is to be done. Systems include:
Business System Business Process Management System (BPMS) Management information system Innovation system Performance management system Financial system/capital allocation system Compensation system/reward system Customer satisfaction monitoring system
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4.7 Staff
"Staff" refers to the number and types of personnel within the organization and how
companies develop employees and shape basic values. Staffing may be defined asfilling and keeping files the position in the organization structure, this is done by
identifying world force requirement. Investing the people available and recruiting,
selecting, placing, promoting, appraising, planning, the careers of compensating, and
training or otherwise developing both candidates and current job holder so that tasks
are accomplishing effectively and efficiently
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CHAPTER 5
SWOT ANALYSIS
SWOT analysis (alternately SWOT Matrix) is a structure planningmethod used to
evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project
or in a business venture. A SWOT analysis can be carried out for a product, place or
person. It involves specifying the objective of the business venture or project and
identifying the internal and external factors that are favorable and unfavorable to
achieving that objective
The usefulness of SWOT analysis is not limited to profit-seeking organizations.SWOT analysis may be used in any decision-making situation when a desired end-
state has been defined. SWOT analysis may also be used in pre-crisis planning and
preventive crisis management. SEOT analysis may also be used in creating a
recommendation during a viability study
5.0 Strength
When writing down strengths, it is imperative that they be considered from both the
view of the firm as well as from the customers that are dealt with. These strengths
should be realistic and not modest. A well-developed listing of strengths should be
able to answer a couple of questions.
The company is having good brand name in the market. Good environment.
Skilled workers with good coordination. Full demand in non seasonal also. Well supply of raw material and it can meet future demand easily. Less cost of production. Labor cost is very less.
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5.1 Weakness
Weaknesses should also be considered from an internal and external viewpoint. It is
important that listing of a firms weakness is truthful so that they may be overcome
as quickly as possible. Delaying the discovery of weaknesses that already exist
within a company will only further hurt the firm. A well-developed listing of
weaknesses should be able to answer a few questions. What can be improved? What
is done poorly? What should be avoided?
There is no contact between the company and final consumers. The company is more depending on the seasonal products like mango, lemon etc. The company is giving more importance to production rather than marketing. Lack of infrastructure facility High degree competition in market. It depends on domestic market only.
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5.2 Opportunities
Opportunities are all external factors that are facilitate to business directly or
indirectly. Such as capacity of meeting higher demand, opportunity for securing
skilled people, capability of achieving global standard
Start new branches in different area. Attract consumers by providing more advertisement in different channels. Diversify the business activity. Make a contract with the farmer those who are supply raw materials. Improve the efficiency of worker by providing good training.
5.3 Threats
Threats are all external factors, which are not controlled by the organization. But
these external changes it may be affect on the business goals, mission. The threats
may be more competitions, increasing in percentage of tax, changes in prices of raw
materials, inflation, deflations, etc.
Competition from other country products. Decrease in supply of raw materials. Scarcity of raw materials. Raw materials are depending on seasonal productions. Environmental effect on then production
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CHAPTER 6
FINDINGS, SUGGESTIONS AND CONCLUSIONS
6.0 Findings
More demand from different area in Karnataka. It is having more than 26 agents all over the Karnataka. Its products covered within Karnataka only. Good co ordination between the employee and management. The company having its own vehicles to transportation. Lack of infrastructure facility. Large number of human resource available in surrounding the company. Workers are expert in work. Workers are well trained.
6.1 Suggestion
Improve in Infrastructure facility Adopt new type of technology in production process. More involve in promotion activities. Safety and welfare programs to employees. Build well structure system. Recruit educated employees.
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6.2 Conclusion
I had the opportunity to take my organizational study at Kedar Food Products co,
Beligavis, within a span of 1month. I was able to gather information regarding the
company and its working conditions. The KFP co has good reputation in a market.
The KFP co is very famous in manufacturing of pickles and it produces variety of
pickles with reasonable price. The company is having good environment condition
and also good infrastructure facility. It having own transportation facility. The
company should concentrate on promotion of products because the competitors are
increasing in the market.