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    A

    PRODUCT PROJECT REPORT

    ONBRASS LATCH

    PREPARED BY:

    SONGARA DHAVAL V.

    ACADEMIC YEAR: 2009 - 2010

    GUIDED BY:

    PROF. GAURAV MEHTA

    FOR THE PARTIAL FULFILMENT OF THIRD YEAR B.B.A.

    SUBMITTED TO

    SAURASHTRA UNIVERSITY

    RAJKOT

    SHRI G.H. GOSRANI COM. (ENG. MED.) AND

    SHRI D.D. NAGDA B.B.A. COLLEGE,

    JAMNAGAR

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    DECLARATION

    I, SONAGARA DHAVAL V., a student ofT.Y. B.B.A. ofShri D.D.

    NAGDA B.B.A. College hereby declare that this project report has been

    carried out successfully under the guidance ofProf. Gaurav Mehta.

    The product project report is based on the industry manufacturing

    LATCH, situated at JAMNAGAR. I am further declaring that this project

    report is not previously submitted to any college or university.

    Date: SONAGARA DHAVAL V.

    Place: Jamnagar

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    ACKNOWLEDGEMENT

    It is really a matter of great pleasure for me to present this creative

    and practical work. At this stage, project report is an important part of

    learning & every entrepreneur prepares it before starting of actual

    production.

    I have taken this opportunity to express my sincere thanks to all those

    who helped me in the preparation of this report. First of all I would like to

    thank my parents who have encouraged me for preparing such a perfect

    product project report, then Prof. Gaurav Mehta for his guidance.

    I am very glad to submit the report before the Saurashtra University. I

    have tried my level best to present the available information in the best

    possible manner.

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    PREFECE

    In todays world, the managerial ability is so demanded in the

    company. For doing the better managerial work, the person must have the

    knowledge of management. This knowledge is not only based on theoretical

    but also on practical. In short for being a good manager a person must have

    both the knowledge.

    I am extremely happy to submit this product project report on small-

    scale industries as per the syllabus of T.Y.B.B.A of Saurashtra University

    for particularly introducing the subject Entrepreneurship & Management of

    Small Scale Business.

    The main objective of this project report is to make students learn

    about various factors that should be taken into consideration before setting

    up an industry. In other words, it is purely, Entrepreneurship development &

    training for the establishment of small-scale industry.

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    INDEX

    Sr. No. Particulars Page No.

    1 GENERAL INFORMATION

    Introduction

    Project at glance

    Name and address of proprietor

    Market & Demand Analysis

    10-16

    2 PRODUCTION DEPARTMENT

    Products and its uses

    Production process

    Products

    Machinery uses in production

    List of supplier of machinery& raw material

    Plant capacity production schedule

    16-24

    3 FINANCIAL DETAILS

    Land

    Building

    Machinery

    Fixed capital and fixed cost of project

    Working capital requirement

    Sources of Raw material including packaging

    Staff labour details

    Wages and salaries

    Electricity and water consumed

    Utilities and misc. exp.

    Capital invested

    25-35

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    Cost of production

    Sales analysis

    Profitability analysis

    Ratio analysis

    Break-even analysis4 MARKETING DETAILS

    Market potentialities

    Pricing policy

    Transportation

    Customer focus

    Social Responsibility

    36-41

    5

    6

    7

    8

    SUMMARY OF PROJECT

    CONCLUSION

    APPENDIX

    List of tables

    BIBLOGRAPHY

    42

    43

    44

    45

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    EXECUTIVE SUMMARY

    This is the feasibility report prepared with the objective of setting a

    new business unit of Brass Latch components. This report includes all

    possible information which is necessary to submit to any financial institution

    at the time of procurement of loan.

    This is the report prepared which includes all kinds of surveys made

    like market analysis, financial analysis, technological analysis, ecological

    analysis, and economical analysis, etc. and it also includes the information

    relating the partners and all future prospects.

    This report is having every kind of detailed information about market

    demand and market trend and potential market share. This also includes

    information about raw materials, land & building, labour, machinery &

    equipment, tools & dies, etc. It also includes information relating to

    production process, production capacity in total and utilized currently, etc.

    This report also includes all kinds of projections like in financial

    aspects which help any banks or financial institution to give loan or have

    any details about the business unit.

    All kinds of information relating to starting a business unit of Brass

    Latch components is being mentioned in this report and which is sufficient

    enough for making a report for getting a loan. This report also includes

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    environmental factor and also some areas of project clearances. This means

    that how this unit or industry affects environment and whether it makes

    pollution or not and what are suggested restoration measures for pollution

    done by this unit. What is the contribution of unit to economy as a whole is

    also included.

    This is complete summary of what has been included in this report and

    how this unit works and how this will have future demand and it covers all

    aspects which are required to have in this report.

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    OBJECTIVE OF PREPARINGREPORT

    If any work is done, there lies some objective or purpose behind it.

    Any work is not done without any kind of objective or special purpose

    though it may be any but there has to be some reason behind any work done.

    In same way there is a specific purpose to prepare this report and that

    is to study the industry scenario whether that the project undertaken to start

    the new venture is feasible or not and whether this venture will work or not.

    To study the market feasibility or survey whether the venture will

    work or not, there are different criteria taken into consideration and through

    different angles the venture has been studied and this report is the just an

    overview or an glimpse of what will be structure of unit and how will be it

    work and what are the activities undertaken to develop the newly mentionedreport.

    There is another objective of preparing this report and that is to submit

    this report to any financial institution or bank so as to get financial

    assistance in addition than what is available. Though if it is not available

    than also it will not create any problem but if assistance is available than

    business might run and develop more efficiently and smoothly.

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    GENERAL

    INFORMATION

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    INTRODUCTION

    The industrial structure of India can be classified into three main

    groups; they are large scale, medium scale & small-scale sectors. The small-

    scale industry plays an important role in Indian economy. The small-scale

    industries can be further sub divided into village or cottage industry &

    modern small-scale industry.

    Today, SSIs are ensuring more equitable distribution of the national

    income & they facilitate an effective mobilization of resources. Small firms

    are found co-existing with the large firms in the business world. The main

    reason behind this is the low cost strategy adopted by SSI with mixture of

    both the production techniques, i.e., Capital Intensive Techniques as well as

    Labour Intensive Techniques.

    This project report is related to a SSI of Brass Latch industry namely,SHREE LATCHES located in Jamnagar, producing el brass latches. Brass

    Part Industry of Jamnagar is very popular all over the world so that I have

    seen so many opportunities of starting a SSI unit in the same industry.

    Jamnagar is at the leading place in the manufacturing of brass products all

    over the world. Here is the detail of the whole project related to the

    production, finance, etc.

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    PROJECT DETAILS

    PROJECT AT A GLANCE

    Units Name : SHREE BRASS LATCHES

    Address for Communication : SHREE BRASS LATCHES

    D - 7, 221/45,

    M.P.Shah industrial estate,

    Saru section road,

    Jamnagar 361 006

    Type of Unit : Proprietor Firm

    Product : Brass latch

    S.S.I Registration No. : Applied Is Made

    Subsidy Registration No. : No Subsidy Taken

    Location of the Unit : SHREE BRASS LATCHESD - 7, 221/45,

    M.P.Shah industrial estate,

    Saru section road,

    Jamnagar 361 006

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    DETAILS OF PROPRIETOR

    The detail of the Proprietor is as follows:

    Name: Sonagara Dhaval

    Address: Indira marg,Murlidhar-1 st-7,ISHAVASYAM,

    Jamnagar - 361 004.

    Age: 22 Years

    Qualification: BBA

    Experience: 3 years

    Contribution: 100%

    Responsibility: Marketing, Production, H.R.& Finance Department

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    MARKET AND DEMAND ANALYSIS

    The Brass Latch Components have wide area of application and use in

    both professional and consumer grade Brass equipments. They are preferred

    over the other types of components due to inherent advantages.

    The demand of this item to a large extent depends on the growth or

    performance of Brass equipments industry in the country. Variety of

    components with several combination and functions are available in the

    international market at competitive prices. Rapid innovations are taking

    places in Brass Latch components design.

    As there is a great demand of Brass Latch components in areas like

    Bangalore, Hyderabad, Mumbai, Kolkata, Pune, Chennai, Delhi, and some

    what in Ahmedabad, Baroda too as they are either developed or flourishing

    as industrial areas. Some of the industry of cities like Jaipur, Indore, Noida,Ambala, Kota, Vijaywada, Chandigarh, Thane, Ankleshwar, etc are also

    requiring this type of components we may establish our market there also if

    possible. Though there is tough competition in market but due to

    ultramodern demand we will surely be successful to have a market there.

    As there is already our clients in some of our cities of Brass Latch

    Components we will surely get the market from those clients and those cities

    and for other cities we made a survey and result was that there was huge

    requirement in all the above mentioned cities. We have some of the orders

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    for samples and some confirmation orders also and so we can surely say that

    there is a requirement and demand of those components.

    Two Criterias which have been taken into consideration while

    selecting this industry is that Market Potential & Market Share.

    Market Potential is good in sense that Brass latch industry is increasing at a

    very great extent and is also having some brass components which are

    manufactured only in Jamnagar.

    Market Share is another problem or criteria which are taken in mind. As

    there are number of units which are manufacturing components in Jamnagar

    already but than also they are not worth matching demand and there is great

    scope of developing that industry. The other reason is the competitors are

    only manufacturing some limited items and other is being imported from

    other countries. The scope is so more for some components which are used

    in testing instruments and analog instruments. If they are manufactured and

    matched the quality required by the companies then there will be less import

    and more foreign exchange savings and this will again also be used in

    further development of India.

    The companies or customers require thesebrass components in huge

    quantities and of good quality. We will not have problems in launching and

    making a new brand as our auto components are there already in market and

    so our brand is there successful.

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    LOCATION

    Location is the site or the place where the plan or the firm is

    located. Location is chosen the base of following factors.

    Economic Factors

    Land

    Transport

    Raw material

    Capital and finance

    Labour

    Market

    Power

    Non economic factors

    Government Policy

    Personal factor

    As said in Address S.S.I. is located in Jamnagar. Proprietor had

    though to establish the plant in Jamnagar because it is an industrial area and

    advantage ofagglomeration can be getting easily in an industrial estate.

    Therefore, the S.S.I. is located in Jamnagar.

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    PRODUCTION

    DEPARTMENT

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    PRODUCTS & ITS USES

    As this is an industrial product and not on the basis of the single

    component a unit can run so a number of components are manufactured by

    the SHREE LATCHES.

    The firm produces Different latches. We prefer Make on Order

    basis or principle. Whatever the customer requires or company requires we

    will surely manufacture those components and if possible we may try to

    develop more and more items and not restrict ourselves to like our

    competitors.

    Rates of product differ from the size, quality, product, and quantity.

    Generally rates for smaller parts will be costing from Rs. 20 to Rs. 25 per

    piece and some special parts even cost up to Rs. 50 to Rs. 75 per piece. We

    will be providing components if required by company either Nickel Plated or

    even Gold Plated. The rates will be charged as per the market and it will be

    again comparatively costlier but quality would be up to the mark.

    Brass latches Components are used in different ways and have

    different uses in window, Door, spring, Slam. Any brass component for

    Latch equipments will be surely manufactured by us.

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    PRODUCTION PROCESS

    Right now we are planning to produce Brass Window & Door latches

    mentioned earlier. These are the steps of the production process.

    1. ROLLING OPERATION: -

    After drawing of the Brass Roads, they are rolled in the rolling

    machines to increasing their length.

    2. CLEANING THE ROADS: -

    In this step the Brass Roads are cleaned through drawing machines

    and they are drawn from the Drawing Machines to reduce their diameters

    to make them clearer to increase their quality.

    3. STRAITENING OPERATION: -

    After making them cleaned, they are striated through straitening

    machine to avoid the stoppage of the final production.

    4. CUTTING OPERATION: -

    After the straitening operation, Brass Roads are cut in the particular

    sizes and in the particular shapes through the automatic machines.

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    5. THREADING & OTHER OPERATIONS: -

    After the cutting operation, now they are in the form of pieces. In this

    step, we have to complete the work of threading in all the above pieces,

    which is also carried out through automatic machines.

    Thus, all these are the steps followed to carry out the production of the

    Brass Window & Door latches.

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    PRODUCTS

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    MACHINES REQUIRED IN PRODUCTION SYSTEM

    Through our production system, we are using all these

    machines.

    TABLE 1: OPERATION PERFORMED BY MACHINES

    SR.

    NO.

    NAME OF THE

    MACHINE

    OPERATION

    PERFOMED

    1. Drawing MachineTo decrease the diameter of

    the roads.2. Rolling Machine

    To increase the

    Length of the roads.

    3. Straitening MachineTo make straight the

    Roads.

    4.Cutting Automatic

    Machine

    To cut the Roads in

    particular sized pieces.

    5. Threading Machine

    To thread the cut pieces

    through the automatic

    machines.

    Thus, all these are various machines used in our production

    process.

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    LIST OF SUPPLIERS OF MACHIERIES

    Viral Engineering Works

    Near Police Station, Udyognagar

    Jamnagar.

    VXL Machine Tools Pvt. Ltd

    Shakar Tekri, Udyognagar

    Jamnagar.

    Shiv & Sons

    Shankar Tekri, Udyognagar

    Jamnagar.

    Rits Engineering Works

    Digvijay Plot

    Jamnagar.

    SUPPLIERS OF RAW MATERIALS

    Chetan Products

    Near State Bank of Saurashtra

    Shankar Tekri, Udyognagar

    Jamnagar 361 004.

    Sangam Metal Corporation

    Shankar Tekri, Udyognagar

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    Jamnagar - 361 004.

    Mahadev Metals

    Shankar Tekri, Udyognagar

    Jamnagar 361 004.

    PLANT CAPACITY & PRODUCTION SCHEDULE

    As rule of thumb says that no industry or unit can start its unit with

    100% capacity at initial stage. We are also following the same fact and we

    are having utilizing 50% to 60% capacity.The production capacity of our unit is given below in tabular form:

    TABLE NO. 2 : PRODUCTION CAPACITY

    Production Capacity (In %) Capacity (In Quantity)

    Installed Capacity (100%) 10,00,000 pieces per annum

    Utilized capacity (60%) 06,00,000 pieces per annum

    Production can be scheduled as per requirement and as per preferences

    and as situation prevails. Generally, we believe in first come first served

    basis, whichever order is first will be produced first. And if someone wants

    very urgently than cost might be high in comparison to normal timings. As

    extra timings are to be made for producing and workers are to be convinced

    in that way so the cost might be some what high or it might be expensive.

    We will not give guarantee to company or customer about timings if

    they first agree late delivery and afterwards they want to break the contract

    due to timings.

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    The work will be done as per schedule only and company must ensure

    that no delays will be there by us under normal conditions and little more

    timing should be given under abnormal or unexpected situations.

    FINANCIALDETAILS

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    Details regarding Shed (Land & Building)

    TABLE NO, 3: DETAILS OF SHED

    Sr. No. Particulars Rate Amount

    1. Factory (2000 sq.ft.) 120/sq.ft. 2,40,000

    2. Office (500 sq.ft.) 120/sq.ft. 60,000

    TOTAL (2500 sq.ft.) 3,00,000

    Details regarding Machinery & Equipments

    TABLE NO.4: DETAILS OF MACHINERIES

    Sr. No. Particulars Qty. Rate Amount

    1 Drawing Machine 1 15,000 15,000

    2 Turning Machine 4 07,000 28,000

    3 Slitting Machine 2 02,500 05,000

    4 Threading Machine 2 04,000 08,000

    5 Drilling Machine 2 04,000 08,000

    6 Plastic Molding Machine 1 15,500 15,500

    7 Electric Motors 11 01,500 16,500TOTAL 96,000

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    INSPECTION EQUIPMENTS

    TABLE NO. 5: DETAILS REGARDING INSPECTION EQUIPMENTS

    Sr. no. Particulars Qty. Rate Amount

    1. Micro meter 2 02,000 04,000

    2. Vernier 1 03,500 03,5003. Multimeter 1 01,000 01,000

    4. Continuity

    tester

    1 500 500

    Total 09,000

    Total Fixed Capital

    TABLE NO. 6: FIXED CAPITAL

    Sr. No. Particulars Amount

    1 Shed (Land & Building) 3,00,000

    2 Machinery 96,000

    Inspection Equipments 09,000

    Cost of Power Connection 22,500

    Electrification & Installation 17,500TOTAL 1,45,000

    3 Cost of Dies, Tools & Moulds 15,000

    4 Cost of Office Equipments & Furniture 15,000

    5 Pre-Operative Expenses 5,000

    GRAND TOTAL 4,80,000

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    Working Capital Statements (For Month & Quarter)

    TABLE NO 7: WORKING CAPITAL

    Sr. No. Particulars Per Month Quarter1 Raw Materials 90,000 2,70,000

    2 Wages & Salaries 39,100 1,17,300

    3 Utilities & Misc. Expenses 6,000 18,000

    TOTAL 1,35,100 4,05,300

    WORKING CAPITAL REQUIREMENT

    Working Capital Requirement for one month is Rs. 1, 35,100

    Working Capital Requirement for three months is

    Rs. 4, 05,300.

    Working Capital Requirement for one year is Rs. 1,62,1200.

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    SOURCES OF FINANCE

    Finance is key input of production, distribution, and development.

    Therefore it is defined as LIFE BLOOD of Industry. Sources of Finance

    will depend upon different factors like:

    Size of Firm

    Type of Firm

    Production Process

    Sources of Finance means from where the finance is procured or from

    where is the finance made available.

    In Our Industry i.e. SHREE LATCHES is a sole proprietor s.s.i.sonagara dhaval solely bringing finance in business which is as follows:

    TABLE NO.8: NAME OF PARTNERS

    Sr. No. Name Amount

    1. Sonagara Dhaval 10,00,000

    TOTAL 10,00,000

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    Raw Materials including packaging (Per Month)

    TABLE NO.9: RAW MATERIALS

    Sr. No. Particulars Quantity Rate Amount

    1 Brass Scrap 900 Kg 90/Kg 81,0002 Plastic Mould Powder 100 Kg 80/kg 8,000

    3 Packing Material 1,000

    TOTAL 90,000

    Details regarding staff and labor

    TABLE NO.10: STAFF AND LABOUR

    Sr. No. Designation Number Salary Total

    1 Manager 1 3,500 03,500

    2 Accountant 1 1,500 01,500

    3 Foreman or Supervisor 1 3,000 03,000

    4 Skilled Workers 5 2,000 10,000

    5 Semiskilled Workers 6 1,750 10,500

    6 Unskilled Workers 2 1,250 02,500

    7 Watchmen 1 1,000 01,0008 Typist 1 2,000 02,000

    TOTAL 34,000

    + 15% Perquisites 5,100

    GRAND TOTAL 39,100

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    Calculation of Wages & Salaries

    TABLENO. 11: TOTAL WAGES AND SALARIES

    PARTICULARS 1st MONTH 3 MONTHS 12 MONTHS

    Total salary 34000 68000 408000

    15% perquisites 5100 10200 61200Total 39100 78200 469200

    Electricity and water consumed

    TABLE NO. 12: ELECTRICITY AND WATER CONSUMED

    SR.NO. PARTICULARS AMOUNT

    1. Electricity 2,000TOTAL 2,000

    Utilities & Miscellaneous Expenses (Per Month)

    TABLE NO.13: UTILITIES AND MISCELLANEOUS EXPENSES

    Sr. No. Particulars Amount

    1. Postage & Stationery 6002. Repairing & Maintenance 1,200

    3. Telephone 900

    4. Transportation Charges 300

    5. Insurance 300

    6. Miscellaneous Expenses 200

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    7. Sales Expenses 500

    TOTAL 4,000

    Total Capital Investment

    TABLE NO. 14: CAPITAL INVESTMENT

    Sr. No. Particulars Amount

    1 Fixed Capital Investment 4,80,000

    2 Working Capital Investment for Quarter 4,05,300

    TOTAL 8,85,300

    Cost of Production

    TABLE NO.15: COST OF PRODUCTION

    Sr. No. Particulars Amount

    1 Total Working Capital (Per Year) 16,21,2002 Dep. On Machinery & Equipment @ 10% 12,250

    3 Dep. On Tools & Dies @ 20% 3,000

    4 Dep. On Office Equipments @ 20% 3,000

    5 Dep. On Building @ 5% 15,000

    6 Int. on Total capital Investment @ 15% 1,32,795

    TOTAL 17,87,245

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    Sales Analysis

    TABLE NO. 16: SALES ANALYSIS

    Particulars Quantity Rate Amount

    Electronic Components 6,00,000 Rs. 4 24,00,000TOTAL 24,00,000

    Profitability Statement

    TABLE NO. 17: PROFITABILITY STATEMENT

    Particulars Amount

    Total Sales

    Less: Cost Of Production

    Add: Depreciation

    Add: Interest On Investment

    Gross Profit

    Less: 35% Tax

    Net Profit

    24,00,000

    17,87,245

    6,12,755

    33,250

    6,46,005

    1,32,795

    7,78,800

    2,72,580

    5,06,220

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    RATIO ANALYSIS

    Gross profit ratio = Gross Profit

    Sales= 07, 78,800

    24, 00,000= 0.3245= 32.45%

    Net profit ratio = Net ProfitSales

    = 05, 06,22024, 00,000= 0.2109= 21.1%

    Return on investment = Net ProfitTotal Investment

    = 05, 06,22008, 85,300

    = 0.5718

    = 57.2%

    Working capital turnover ratio = Sales

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    Working Capital= 24, 00,000

    16, 21,200= 1.48

    = 148%

    BREAK EVEN ANALYSIS

    Break Even Analysis is widely used technique to study cost volume

    profit relationship. Break Even Point (BEP) means that level of output of

    sales at which no profit no loss is achieved. In short business is said to bebreak even when its income equals its expenditure. The BEP of SHREE

    LATCHES is as under:

    Annual Fixed Cost

    Interest on Investment @ 15% 1, 32,795

    Add: Depreciation 33,250

    Add: Wage & Salary 4, 69,200

    TOTAL 6, 35,245

    Annual Variable Cost

    Raw Material 10, 80,000

    Utilities 72,000

    TOTAL 11, 52,000

    Contribution = Sales-Variable cost= 24, 00,00011, 52,000

    = 12, 48,000

    Break Even Point

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    BEP = Fixed Cost

    Contribution

    = 6, 35,245

    12, 48,000

    = 0.5090

    = 50.9%

    MARKETING

    DETAILS

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    MARKET POTENTIALITIES

    We believe that business segment in which we operate, offers

    opportunity for growth. We endeavor to harness our skill in quality, brand

    equity & distribution network to maintain our leading position. All our

    manufacturing facilities are fully equipped to meet the stringent quality

    demands & shorter delivery terms to the delight of the customers.

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    Market potential of our company are all those Buildings who requires

    window Latch, Door Latch, Spring Latch, Slam Latch, etc. and as we all

    know that with the increase in the consumption of such products, there will

    be increase in the demand of the Brass Accessories also which will give rise

    to the Brass latches also which are produced by us.

    Thus, all these shows that in nearest future there will be still more

    demand And Scope for the Brass Latches in the Infrastructure industry all

    around The World .

    PRICING POLICY

    Economics defines price as the exchange value of goods and

    services in terms of money. The price is an agreement between seller and

    buyer concerning what each is to receive.

    Pricing is critical in marketing management. The main

    objectives of the firm, i.e., to each profit, depends very much upon the

    correct pricing decisions.

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    Pricing decisions has strategic importance in any enterprise.

    Pricing denotes the value of a product. The term pricing governs the very

    facility of any marketing program because it is the mix accounting for

    demand and sales revenue price is the only variable factor determining the

    revenue as income.

    Top management takes final decision about pricing after

    consultations of selling representativesFactors affecting the price of the

    product:

    o Cost of production

    o

    Competitive price in the marketo Normal profit

    o Advertising cost

    o Distribution cost

    We follow the simple strategy of fixing the price of its products. It

    considers two factors in its mind, i.e., Cost of production and the

    competitors prices, at the time of fixing the price.

    TRANSPORTATION

    Transportation is necessary in moving finished goods from factory to

    consumers since markets are geographically separated from factory.

    Transportation becomes an essential marketing activity. Improved means of

    transportation have increased the trade by leaps and bound. It aids the

    marketing function by creating utility o goods produced.

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    There are number of transportation modes such as

    Road way

    Railway

    Air way

    Sea way

    It is crucial task for management to select a right type of

    transportation. It depends upon many factors such as product characteristics,

    final position of the company, demand of customers, market situations etc.

    We use any of transport for its finished goods from factory to market

    or dealers. The mean of transportation usually for delivering final products

    are huge Trucks.

    CUSTOMER FOCUS

    We dare to commit because we do everything that We can to

    delight our customers. We believe that what is best for our customer is best for

    all of us. Every element of our organization has imbibed this concept very well.

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    Our Marketing team efforts are oriented to build and enhance

    customer relationship. It is mandatory for them to take all the time necessary to

    take care of customer. We dare to commit because we have built key strengths

    to answer requirements of the business and needs of "TIME". We prices our

    products fairly and honestly. We are able to sell at reasonably competitive price

    as we have eliminated middle men for all our purchases. We place direct orders

    with our manufacturer Supplier who has proven that they are cost effective/cost

    conscious. We are low cost suppliers because we operate efficiently. Our people

    are hard working, intelligent and share in the company's success. We dare to

    commit because we practice real time phenomenon. We ship faster than anyone

    we know.

    SOCIAL RESPONSIBILITY

    ECONOMICAL ANALYSIS

    Economical Analysis is concerned with judging a project from the

    societal point of view. It is also referred as social cost benefit analysis. In

    such an evaluation the focus is on the social cost and benefit of project

    which may often be different from its monetary costs and benefits.

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    SHREE LATCHES will give many indirect benefits to the overall

    society. It is not only the unit for me or for my partner but it is for the whole

    society.

    It provides raw material to the some of large scale industries and it

    also has on an average a quite a huge market.

    The income or profit from business will be reinvested in the business

    and then again has a kind of development and this will create demand

    for the other required or concerned industries and than it will againalso prove beneficial to the society in overall development.

    This project or this unit has a good scope of savings as this unit has

    many workers and profits are invested and so there is ample scope of

    investments also.

    This unit also provides employment to number of people which is also

    a good thing in todays competitive world and these jobs are provided

    at reasonable wages and salaries.

    SUMMARY OF THE PROJECT

    From the above Project Report one can surely conclude that SHREE

    LATCHES. has an effective management power and support. Being a fresh

    company it is well acquainted with the present trends of the market. The

    company also has highly dynamic marketing techniques and Production

    System.

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    Being a new company, it is highly knowledgeable with the trends of

    the market. So with the valuable support of all employees and executives, it

    will surely make this project a successful one.

    This is the report prepared which includes all kinds of surveys made

    like market analysis, financial analysis, technological analysis, ecological

    analysis, and economical analysis, etc. And it also includes the information

    relating to the partners and all future prospects.

    This report is having every kind of detailed information about market

    demand and market trend and potential market share. This also includes

    information about raw materials, land & building, labour, machinery &

    equipment, tools, etc. It also includes information relating to production

    process, production capacity in total and utilized currently, etc.

    CONCLUSION

    Conclusion means to bring an end to anything. Though this

    conclusion may be end of my project report but this project report or

    feasibility report has pushed and encouraged me to the real business life.

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    Any self created thing will be the best thing for anyones life though

    he may be successful or failed. This kind of feasibility activity will help

    really anyone or everyone to become a successful entrepreneur, if a proper

    attention is paid to the project or business.

    NEVER, NEVER, NEVER, NEVER, GIVE UP

    This is the saying that tells us to never demoralize ourselves by giving

    up anything or any project of any business.

    In todays overpopulated unemployment is the biggest economic

    problem and so to avoid that self employment can be started through

    developing this kind of business and for that this kind of feasibility study is

    helpful.

    This is a way to success with some problems and some time failure

    but at last success will be there with self employment.

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    APPENDIX

    List of tables

    SRNO.

    PARTICULARS PAGE NO.

    1 Production capacity 22

    2 Name of partners 24

    3 Details of shed 26

    4 Details of machineries 26

    5 Details regarding inspectionequipments 27

    6 Total fixed capital 27

    7 Working capital 288 Name of partners 29

    9 Raw materials 30

    10 Staff and workers 30

    11 Total wages and salaries 31

    12 Electricity and water 31

    13 Utilities and misc. exp. 31

    14 Capital invested 32

    15 Cost of production 32

    16 Sales analysis 3317 Profitability analysis 33

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    BIBILIOGRAPHY

    WEBSITES:

    www.google.com

    www.yahoo.com

    BOOKS:

    Desai Vasant Project Management 2nd Edition, 1999 Himalaya

    Publishing House.

    Rana T. J and Jain Naresh 3rd Edition, 2006-2007 B.S. Shah

    Prakashan.

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