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Havells

TRANSCRIPT

SUMMER INTERNSHIP

Project Report

On

Inventory Management through SAP

AT

Faculty Guide

Prof.Kuldeep ChoudharyCompany Guide

Ms Nisha Taank

Deputy Manager

Mr. Vipul Jain

Manager

DECLARATION

I, Jaspreet Kaur of E-MBA(II), the bonafide student of Bharati Vidhyapeeth,Pune University declare that this work previously has not formed part of any basis for the award of any degree or diploma offered by any institution or university.

This is a record of bona fide and original work submitted by me in partial fulfilment of the requirements for the award of Masters degree.

Jaspreet KaurE-MBA (II Year)ACKNOWLEDGEMENT

I express my sincere gratitude to Mr. Sandeep Mathur, General Manager for granting me the permission to do the Summer Internship Project in this most prime and prestigious organization of the country.

My heartfelt and sincere thanks to the Ms Nisha Taank who guided me in each step of the project by providing adequate data and valuable suggestions in spite of their busy schedule.

Im also extremely thankful to the other officers of Accounts Departments who have provided appropriate guidance and support which enabled me to complete the project successfully.

Im grateful to all the people and staff of the Organization who directly or indirectly contributed to the successful completion of the project.

TABLE OF CONTENTS

S.noParticulars

1.Industry Profile

2.Aim And Objective

3.Introduction To Topic:

Inventory Management through SAP

4.Introduction to SAP

5 Integrated Inventory Management System

6SAP R/3 System

7.Logistic procedure

8.Detailed SAP understanding

9.Conclusion

10.Bibliography

INDUSTRY PROFILE

WORLD SCENARIO

Electrical Hardware includes an extensive range of electrical hardware products, components and accessories that are used for the distribution, supply and usage of electricity. It includes everything from electrical cable, wire and meters to lighting fixtures, bulbs and fans.

Electrical Hardware Products

Some of the important electrical hardware products types are listed below:

Electrical cable, Electrical socket, Electrical Wire, Electric Cord, Switch Gears, EarthingAccessories,Cable&WireFittings,ElectricalPlug,Adapters,Busbars,ElectricMeters, Lighting Fixtures, Electrical box, Light bulbs, Electric Fans.

World electric transmission and distribution equipment demand will rise 4.4percent annually through 2011.The industrial and commercial sector will see the strongest gains as cogeneration proliferates and products such as high voltage transformers become more common outside of the utility sector.

Electrical Hardware Products Applications

Electrical hardware products have found uses in a variety of industrial applications, including

Electric power distribution and supply

Vehicle systems

Production and manufacturing

Communication systems

Large scale transportation and equipment

Electrical Hardware Industry

The electrical industry provides an important service to modern life. It provides people with the most prevailing form of energy known to mankind-electricity. Electrical industry supports the economic-growth and productivity, promotes business development and expansion and generates vast employment opportunities for people across the world. The industry includes establishments primarily engaged in the manufacturing, supply trade and retaining of electric hardware products.

Electrical Industry

The electrical industry uses a number of applications of petrochemicals to help the industry perform better and improve manufacturing processes. These petrochemical products are very essential for the manufacturing of several of the electrical equipments as it helps in insulation, prevention of loss of energy and safety.

Electrical Industry Trends

a. Increasing construction activity driving the demand for electrical hardware products

According to the recent market studies, the office construction in 2007 had an advanced growth and this trend will continue till 2010.In the long run growth in the office construction market is expected between 6% and 7% annually till 2011 and it will reach $75.1billion by then.

This forecast could prove to be profitable for electrical fittings and cable industry worldwide. The demand for automation solutions will only continue to grow as industry continues to seek the most flexible and efficient power and control devices to increase system.

b. Increased employment-In recent times, employment in the electrical hardware industry has gone up globally.

INDIAN SCENARIO

The Indian Electrical industry is now finding a good response for its products in the international markets. What has brought this about? The industry has invested in upgrading technology and improvements in quality systems so that it is able to offer products/systems contemporaneous to what the developed countries make at much lower price.

Electricity has become an inseparable part of our daily life. In homes, offices, industries and hospitals they are myriad systems, equipment and sophisticated appliances that depend on electrical energy.

Electrical equipment such as motors, transformers, switchgears etc. are used by all sectors of the Indian economy. Some major areas where these are used are the multi-crore projects for power generation including nuclear power stations, petrochemical complexes, chemical plants, integrated steel plants, non-ferrous metal units etc.

Indian electrical industry

a. Prospects of the Indian Electric Industry.

Like every other industrial sector in India, the Indian Electrical Industry too is slowly emerging from out of its protective cover. Since the last decade, India has witnessed what global players have achieved and what they are capable of achieving. We are becoming aware of competition on our turf. Many organisations in this industry are looking overseas to develop the export markets owing to reduced demand at home.

b. Future Prospects

The domestic market in India is itself large, and one must firstly satisfy this market with products that meet international quality standards. With increasing globalisation, every international player is now operating in India, providing goods and services complying with international quality. The Electrical Industry in India is growing to its full potential in the coming years and no doubt India will soon come to be recognised for quality products and services which in turn, will bring this industry to a position of true leadership.

Factors Governing the Growth of this Industry

Research and development played an important role to the increased productivity and higher-value added electrical products. Foreign investments accelerated growth in production and export as well. Global industries like medical, telecommunication, etc have been cordially supported by electrical industry. Increase in income changed living standards of the common mass. As a result, it increased the demand of electronics. Asia pacific region is emerging as the most spinning place for the consumer electronics industry.

COMPANY PROFILE

About the company

QRG Group, a billion-dollar-plus group which ranks among the top electric product conglomerates in the worlds and is a major domestic and global player in the production and sales of an impressive range of electrical products. The group comprises of 4 companiesHavells India Ltd (the flagship company with Havells and Crabtree Brands), Standard Electricals Ltd, Havells-Sylvania and QRG Healthcare.

With 19 state-of-the-art manufacturing plants, 91 branch offices and a strong backing of over 8000 professionals across the globe, the group has achieved rapid success in the past few years.

The flagship company, Havells is acknowledged as a manufacturer & supplier of the widest range of low voltage electrical equipment and has become a name synonymous with excellence and expertise in the industry.

Driven by a philosophy of dreaming big, empowering team members, a culture based on transparency, honesty, a high focus on ethical values and entrepreneurship at every level, the QRG Group of today is literally a dream come true-a world class company which is one of the most admired organisations in India. With a number of strategic alliances in place, QRG Group has shown phenomenal growth rate with the help of various joint ventures, acquisitions, mergers and takeovers. The group, catering to the needs of residential and industrial market globally, has 10 manufacturing units in India.

Following its philosophy of thinking big, the groups product basket offers end-to-end electrical solutions. The company manufactures a wide range of high quality electrical products suitable for domestic and industrial use.

QRGs International Business Division (IBD) is a dynamic team of professionals who are committed to fulfil the aspirations of the organization in the international markets. IBD caters its international clientele spread over 51 countries with offices in Dubai, China, Nigeria and distribution networks in all major countries.

Innovation is the hallmark of every vital development at QRG. New ideas, inventions deepen scientific knowledge and give its workforce a new impetus towards technical progress. The responsibility of providing its customers the best products and zero defect services to enable them to be comfortable and sec