A STUDY ON INVENTORY MANAGEMENT

At

HERITAGE FOODS (INDIA) LIMITED, GOKULPROJECT REPORT

Submitted to

Jawaharlal Nehru Technological University

Anantapuramuin the partial fulfillment of the

requirement for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

By

G.MANIKANTA REDDY(Regd.No.13W51E0036)

Under the Guidance ofMr. B.SANKAR NAIK

B.Tech,MBA (Ph.D)

Assistant Professor

DEPARTMENT OF MANAGEMENT STUDIESSIR VISHWESHWARAIAH INSTITUTE OF SCIENCE & TECHNOLOGY (SVTM)

(Approved by AICTE, New Delhi & Affiliated to JNT University, Anantapuramu)

Angallu, Madanapalle-5173252013-2015DECLARATION

I hereby declare that the project report entitled A Study On Inventory Management, submitted to the Department of Management Studies, SVTM College, in partial fulfillment of the requirement for the award of the Degree of Master of Business Administration is a record of original and independent work done under the supervision of Mr. B.Sankar Naik, Assistant Professor and it has not formed the basis for the award of any Degree or Diploma or Associate ship / Fellowship.

Signature of the Student

Name : G. Manikanta ReddyReg.No: 13W51E0036Date:

Signature of the Faculty Guide:

Date:

ACKNOWLEDGEMENT

A Project work at post graduate level is a golden opportunity for learning and self development. I consider myself very lucky and honored to have so many wonderful people lead me through in completion of this project.

I wish to express my indebted gratitude and special thanks to Smt. N. Bhuvaneswari, Managing Director, Heritage Foods (India) pvt Ltd, Hyderabad for allowing me to carry out my Project work at their esteemed organization and to my external guide Mr.N. Vamseedhar, General Manager for his valuable suggestions and the support extended.

My sincere thanks to Sri. M. Prabhakar Reddy, Correspondent & Chairman, Sir Vishweshwaraiah Institute of Science & Technology, who has provided excellent faculty, infrastructure to cherish the career advancement.

I offer my deep sense of gratitude to Dr.B.D.Venkataramana Reddy, Principal, SVTM, Madanapalle for his moral support and permitting us to do the Project work.My sincere thanks to Dr.M. Lokanadha Reddy, Head of the Department, Department of Management Studies, SVTM, Madanapalle, who has initiated and guided all the way for the successful completion of the project report. I feel it a great privilege to express my sincere gratitude to project guide Mr.B. Sankar Naik Assistant Professor, for his/her valuable guidance, numerate suggestions, keen interest and constant support throughout the project.

I would like to thank the Faculty members, parents and friends who are directly or directly involved in the execution of my project. (G.MANIKANTA REDDY)Reg.No:13W51E0036LIST OF TABLESTABLE NO.TITLEPAGE NO.

4.1Inventory Turn Over Ratio59

4.2Inventory of holding period60

4.3Inventory as a percentage of current assets61

4.4Inventory to total assets62

4.5ABC Analysis64

4.6EOQ Analysis of (2009-10)67

EOQ Analysis of (2010-11)68

4.8EOQ Analysis of (2011-12)

69

4.9EOQ Analysis of (2012-13)70

4.10EOQ Analysis of (2013-14)71

4.11EOQ Analysis of (2009-10 TO 2013-2014)72

LIST OF GRAPHSGRAPH .NOTITLEPAGE.NO

1Inventory Turn Over Ratio59

2Inventory of holding period60

3Inventory as a percentage of current assets61

4Inventory to total assets62

5ABC Analysis64

6EOQ Analysis Of 2013-1471

CONTENTS

ChapterTitlePage no.

Executive Summary1-4

Chapter IIntroduction

Industry Profile

Company Profile5-50

Chapter IIReview of Literature51-52

Chapter IIIResearch methodology

Statement of the problem

Need for the Study Objectives of the study

Scope of the Study

Sources of Data

Sampling Design/Period of Study

Limitations of the Study

53-58

Chapter IVData analysis and interpretation59-72

Chapter VSummary of findings, conclusion and suggestions73-75

BIBLIOGRAPHY76

ANNEXURE77-84