the study on cotton textile of annai

8/3/2019 The Study on Cotton Textile of Annai

1/53

THE STUDY ON COTTON MANAGEMENT SYSTEM

OF ANNAISPINNING MILLS (P) LTD

INSTITUTIONAL TRAINING REPORT

2011-2012

Submitted by

1. A.KIRUTHIKA (Reg No: 092AA3229)

2. T.MOHANA (Reg No: 092AA3236)

3. M.S.ARUNKUMAR (Reg No: 092AA3251)4. P.CHANDRASEKAR (Reg No: 092AA3252)

5. M.MEERAMAIDEEN (Reg No: 092AA3265)

6. S.NANTHAKUMAR (Reg No: 092AA3266)

7. A.RAJESHKUMAR (Reg No: 092AA3274)

8. M.SATHISHKUMAR (Reg No: 092AA3277)

Submitted in partial fulfillment of the requirement

For the award of degree of

BACHELOR OF COMMERCE

UG Department of commerce

Dr.R.A.N.M ARTS AND SCIENCE COLLEGE

(Affiliated to Bharathiar University, Coimbatore)

Rangampalayam

Erode-638009.


2/53

CERTIFICATE

This is to certify that the entitled COTTON MANAGEMENT

SYSTEM for ERODE ANNAI SPINNING MILLS (P) LTD submitted to

the BHARATHIYAR UNIVERSITY, Coimbatore in partial fulfillment for the

award of the degree of BACHELOR OF COMMERCE is a record of original

project work done by 1.A.KIRUTHIKA (Reg No: 092AA3229) 2.T.MOHANA

(Reg No: 092AA3236) 3.M.S.ARUNKUMAR (Reg No: 092AA3251)

4. P.CHANDRASEKAR (Reg No: 092AA3252) 5.M.MEERAMAIDEEN

(Reg No: 092AA3265) 6.S.NANTHAKUMAR (Reg No:092AA3266)

7.A.RAJESHKUMAR (Reg No:092AA3274) 8.M.SATHISHKUMAR

(092AA3277) under my supervision and guidance and this project work has not

formed the basis for the award of any Degree / Diploma /Associate ship /

fellowship or similar title of any candidate of any university.

Forwarded by

Head of the department Signature of principal


3/53

DECLARATION

I hereby declare that the project work entitled COTTON MANAGEMENT

SYSTEM forERODE ANNAI SPINNING MILLS (P) LTD submitted to the

BHARATIYAR UNIVERCITY, Coimbatore in partial fulfillment for the award of the

degree ofBACHELOR OF COMMERCE is a record of original project work done by we

during the period of 2011-12

Department of commerce, Dr.R.A.N.M ARTS AND SCIENCE COLLEGE,

ERODE and that this project work has not formed the basis of the award of any

Degree/Diploma/Associate ship/fellowship or similar title of any candidate of any

university.

Place: Erode Signature of the candidate

Date:


4/53

ACKNOWLEDGEMENT

First We would like to thank god almighty for all the blessings he has endowed

upon me with profound sense of indebtedness; We thank my parents for their immense

love and support.

We express our sincere thanks to our honorable president of Mudaliar

Educational trust Mr. K.M.DHANDABANI

We immensely thankful to our honorable secretary and correspondent

Mr. K.K.BALUSAMY, Dr.R.A.N.M ARTS AND SCIENCE COLLEGE, ERODE

We are take this opportunity to express sincere thanks and gratitude to our

principal Dr.T.P.J.BHARATHI, M.com, M.Ed., M.Phil., Ph.D., for giving we the

opportunity to carry out the project.

We extent we sincere thanks to Mrs. K.VIMALARANI., M.com., M.Phil.,

PGDCA., Head of the document, Department of commerce for her encouragement.


5/53

CONTENTS

S.NO CHAPTER PAGE NO

1 INTRODUCTIION

2 FUNCTIONAL DEPARTMENT

2.1 PURCHASE DEPARTMENT

2.2 COTTON DEPARTMENT

2.3 PRODUCTION DEPARTMENT

2.4 QUALITY CONTROL DEPARTMENT

2.5 STORE DEPARTMENT

2.6 SALES DEPARTMENT

2.7 FINANCE & ACCOUNTING DEPARTMENT

2.8 COSTING DEPARTMENT

2.9 PERSONNEL DEPARTMENT

3 CONCLUSION

INTRODUTION:


6/53

Cotton textile is a very old industry. It takes care cloth, one of three essential for

human living-food, cloth, shelter. Textile mills were established in Mumbai was called

MANCHESTER of India and COIMBATORE is called Manchester of South India.

PRE INDEPENDENCE PERIOD:

During the pre-independence period (before 1947) many te xtile mill were

established in Coimbatore because of i.)Availability of land; ii.)Labour and more so

WEATHER: The humidity in the atmosphere is some more suitable for spinning textileIndustry is LABOUR Intensive as well as CAPITAL intensive, ie, more men as well as more

money are required

COTTON TEXTILE CITY:

Because of establishment of textile of Textile Mills in Coimbatore Textile

manufacturing ,spares and services and foundaries were established. Thus the city of

coimbatore became the hub of textile activity. It is often called TEXTILE CITY.

INTRODUCTION OF COMPANY:

The textiles mills were established as early as 1881 recession began to infest the

industry most of the mills found it difficult to continue to run the mills and activities came to

grinding halt in 1969 . . In order to providecontinue employment to employees Govt of

tmilnadu formed TamilNadu Textile Cotporation in 1971 under the Sick Textile

undertackings takilng over of management oridance 1971.


7/53

PROFILE OF THE COMPANY

Name of the company : Annai Spinning Mills

Registered Office : A Unit of National Textile Corporation

Post Box No.2409

35-B, SomaSundaram Mills Road

Coimbatore.

Administrative Offilce & Works: Annai Spinning Mills

Post Box No, 638052

vellode perundarai.

Year of Establishment : 1929

Government unfertacking : (01.04.1974)

The General Manager : S.KRAIDHNA KUMAR

The Personal Manager : S.ELANGO

Company Phone Number : 2273008,2270473

Product manufactured : Yarn

No.Of Permanent Works : 302

No.Of Offilce Employee : 31

Total Production Capacity : 42672

Workers time : 8.30am to 12.30pm.

12.30pm to 5.00pm.


8/53

BRANCHES OF THE ANNAI COMPANYS

Annai concern of Southern Regional office are as follows:

SRI RANGA VILAS MILLS PANKAJA MILLS CAMBODIA MILLS PIONEER MILLS CBE. SPG AND WRG, MILLS MURUGAN MILLS


9/53

FUCTIONAL DEPARTMENT

PURCHASE DEPARTMENT COTTONDEPARTMENT PRODUCTION DEPARTMENT QUALITY CONTROL DEPARTMENT STORE DEPARTMENT SALES DEPARTMENT FINANCE & ACCOUNTING DEPARTMENT COSTING DEPARTMENT PERSONAL DEPARTMENT


10/53

PURCHASE DEPARTMENT

The following diagram heads the purchase department:

Annai Head Office of Purchase Officer

Annai Mill Purchase Officer

Staff

FUNCTIONS:

Quality and other specification relating to new materials Model in case of machineries and spares Low price and High Quality. Any spare parts immediately purchase.SENDING THE QUOTATION:

After, Cambodia Mills send the Quotation stating that their rates and theircapacity to deliver the goods.

PURCHASE ON AND OFF PERIOD:On period-October to march, Off period-April to August.


11/53

DISCOUNT:

The suppliers allowed for discount 10days pay the bill four discount rate 2.5%,20

days for 1.5%, 30 days for discount rate for 5%.

THE COMPANY ORDER FOR TWO TYPE OF PURCHASING:

Ordinary Purchasing. Emergency Purchasing.

ORDINARY PURCHASING:

In the ordinary purchasing to follow all the Rules and Regulations. If any

material needed should send the message to the Head Office, Ordinary purchase of any

Material purchased from Head Office.

EMERGENCY PURCHASING:

Emergency purchasing goods any NTC Rules and Regulations not following

them. In emergency goods purchased store keeper for emergency goods.

TNGST NO.2140142 Dt. 1.4.95

CST No.573579 Dt. 18.6.76


12/53

COTTON DEPARTMENT

This department plays a major role in the company because the organization raw

material is cotton usually purchase of the items required for the organization of

Annai(TN&P) in done by the purchase department of C.C.I. (Cotton Corporation of

India.).

RAW MATERIAL

The raw materials can be classified in two types of fibers

Natural fiber cotton man made fiber polyester staple fiberCOTTON CLASSIFICATION

Cotton can be classification in to three different types.

Short on Low staple Medium staple Long stapleRaw Materials used for production is three types of yarns


13/53

Lower counts(208) Medium counts(30 to 50) Higher counts(60 and above)

The following diagram heads the cotton purchasing department

Cotton Purchasing

Cotton Selector C.C.I

Head Office (TN&P) Ltd

Cotton Purchasing Officer

Annai Cotton Purchase Officer

Staff

MAIN MARKETING ARC

Parties lot number press mark press running number varity name station name bale serial number


14/53

VARITIES OF COTTON

The lower counts

LRA MCV5 S6 BB, Purchasing Area: Punjab, Hariyana, Tamil nadu

PRODUCTION DEPARTMENT

The following diagram heads the production department

PROCESS OF FLOW CHART


15/53

MIXING

In this process the raw cotton is mixed with the man made fiber. This is the first

step in the production process. The cotton and polyester is mixed as per the percentage

for requirement.

Cottin 30%, Polyester 70%

Blow Room

Comber

Auto Cone

winding

Carding

Double Winding

Drawing

Simplex

Rero Feed

BlowRoom

Packing

Ring Spinning

Cone Winding

Mixing


16/53

Mixing cotton is polyester spray the cotton oil and 10ml and tinting powder.

BLOW ROOM

The mixed cotton and the fiber are send to the blow room with the help of the

equipment. The cotton is freed from extended impurities purifications process begins by

training the compressed mars into loose tuffs by blending the various lots of cotton

constituting the mix and production uniform sheet known

as lape. The impurities and the dust in cotton removed in the blow room. The feeding

material in the room namely raw cotton and fiber is delivery in the lape form after

processing.

CARDING

In carding the cotton is the feeding material which further completely

opened in to individual fiber to product silver which is suitable to subsequent

process the production of counts largely depends on the type of cotton defter

and silver hank lop. High speed carding machines are used to optimize (LR

Carding 19 Mas LR Aero carding -8Nos.)

DRAWING

Eight can are taken to drawing it comes as 1 silver from the cards are

uneven and should be made uniform in cross section and weight through it

length through drawing operations the fiber are made approximately parallel to

produce a stand of uniform thickness and the process is separated at the

subsequent passages. Thus unevenness produced in the silver in removed.

SIMPLEX

In the simplex the thickness of the silver is reduced and the silver is given

twist as to wound them into bobbins. The purpose of this process is to convent

the silver in to thinner stands to achieve the derived ultimate yarn count. The

production at the simplex depends on the spindle speed the ultimate product getin this process in rowing.


17/53

SPINNING

The yarn round on bobbins is given further to twist at considerable high speed

and drafted to procedure. It enables further processing awards enlargement andwaste. High draft systems enable production so superior of their raw materials.

And break during spinning. This process ends by producing yarn.

CONE WINDING/AUTO CONE WINDING

The yarn from ring frame is winded in to cones which is suitable for market.

The cone will be near of in this process facts like 1 or 1.5kg of weight.

QUALITY CONTROL DEPARTMENT

The function of this department is to check the quality and to maintain the

quality of yarn that is being produced. The quality of yarn is checked at each

stag of the manufacturing process.


18/53


19/53

Three Machines show the unevenness found in the yarn product (i.e) thethickness and thinness in the yarn high quality standers are maintained by

effective and periodical test.

In this department each and every type cotton is productly first and two

types combined to form a high cotton yarn.

Two types of yarn produced here

Production Materials

o Combed yarn

o Carded yarn

COMBED YARN

In this type of yarn it is very pure and it is very strong and colours of theyarn is very reflective. The yarn is of 100 meters one time the S.G.C sacked by

quality controller.

STORES DEPARTMENT

Store keeping invoice proper maintenance of stores identifying andclassifying them according to their nature, type and size. If also includes proper


20/53

maintenance of stock records proper storage of goods store keeper is

responsible for store control of any material on spare required for respective

department, the in charge should sign and given detail of required material is

required material is required material is requisition ship.

General Manager of Cambodia Mills (TN&P)

Store Keeper

Staff

FUNCTION OF STORE DEPARTMENT

Producing material in necessary for production Maintaining stock Maintaining buffer stock during emergency period

GROUPING OF REQUIRED PRODUCTS

Like branded products to be purchase from the socialized parties goods

to be imported such electronic goods packing material in area from iow price

COLLECTION OF QUOTATION

After grouping the product the quotation are send to every individual

department manager for approval.


21/53

PROCEDURE FOLLOW IN STORDEPARTMENT

To receive indents from concerned department for thepurchase of material To sending under to purchase department for placement oforders

To receipts of goods To verity the quantity received as per order To preparation of in pass To checking the quality

After satisfaction of quality of goods the in pass is received signed by the

concerned department that to accounts department.

A.ITEM

Quotation of pricing rate is 15,000 and above. In this pricing rate above

purchase for machines and spare sports, canteen, and electrical equipments

respective authority supplier, continues supplying hour.

ELECTRICAL ITEMS

Fast Machine bearings Spinning accessories Spindle tape Electronic goods Yarn processing chemicals


22/53

SALES DERPARTMENT

The quality controller and the production execution are responsible for

the functioning of sales dept of this organization of Annai (TN&P) they are

charging four packing and dispatching the materials collection of amount.

Cost Accountant

Sales Officer of Cambodia Mills

Staff

Cambodia Mills makes hot for direct sales the powers are vested with

(TN&P) Ltd., Head Office.

Their Sales is of two types

Depot keepers Consignment


23/53

DEPOT KEEPERS

The H.O.(TN&P) Ltd., makes sales for depot keeper the depot

collect the yarns and send customer depot sales credit responsible for H.O. of

NTC (TN&P) Ltd.,

SALES AREA DEPOT DEEPERS

Bombay Calcutta Sales credit H.O.for-60% CambodiaMills(TN&P)Ltd-40%

CONSIGNMENT

The amount is receive hodrance before goods are send consignment sales

are

Maharasthra Delhi Ahamadabad Gujarat

OWN REPORTS

The mills makes direct sales to local area for consignment sales responsible

for company sales department

Thirupur


24/53

Somanur Erode

The full amount is collect for Cambodia mill (TN&P) Ltd.,MARKETING DEPARTMENT

Marketing is challenging and exciting the solving of marketing problems

require in eight experience and analysis ability. Take case of a company faced

with problem of increasing in sales. Increase sales after expand give profit.

ROLE

The mill Annai (TN&P) Ltd engaged in performance ofH.O. marketing function

Customer served business farms Sales product market condition and section

Review authority Authority of approval Issue and control authority

H.O.Marketing Manager

Assistant Marketing Manager


25/53

DEPARTMENT PROCEDURE FOR BOOKING ORDER BY

AUTHORISED H.O

Mill send weekly price of list to H.O. H.O. Shall send their sale person to market and

procedure customer enquiry to market department by means

such letter, Tax, E-mail, etc.

ORGANISING FOR DISPATCH

Invoice prepared in three categories

1. Incase of against payment

One copy to H.D One copy to filing One copy for transports

2. Incase of bank document

3. Copies hand over to banker

Three copies hand over to banker

One copy to hand office One copy to transports


26/53

One copy to filing

The marketing departments will interest to the respective transport for

issue of large receipt from transports recommended by respective.

FINANCE AND ACCOUNTS DEPARTMENT

In our present modern oriented economy every thing need finance to

carry its target right from promotional stage to end in final stage. The finance

plays an important role in company life. Intact finance is to indispensable to

day. Its rightly said finance is life blood of enterprise.

In financial statement are prepared under historical cost convention on

accrual basis and are accordance with accounting standard referred to sub sec

211 of co, act 1956.

CENTRAL SALE TAX ACT

Main objective of central sale tax 1956 is formulate principle of

determining us to when a sale of purchase of goods take place in course of

interstate trade on commerce.

SOURCE OF FINANCE

Sales Contract government finance Banks


27/53

Share holders fundsACCOUNTS

This department is a/c closed on daily basis. Personal for each

computerized information helps in accountancy of errors.

FUNCTION

Finance and accounts department perform following function

Planning Formulation of financial budget

Working capital management

Negotiation with banks and financial institution Day to day management of funds Interaction with credit reading agency and financeinstitution

Preparation of P&L A/c and B/S Purchase bill passing Sales and income tax matter Voucher prepared Cash payment voucher


28/53

Cash receipt voucher prepared by cashier Bank payment voucher Debit advertisement voucher for recording banktransaction

Debit note and credit notes

PURCHASE BILL PASSING

The A/cs department usually receives a copy of purchase order from

purchase department. Then A/c department will entry the purchase order copy

with their in pass bill send by store department.

PREPARATION OF CASH VOUCHER AND PASSING

The department prepare cash voucher for payment daily expenses like

lorry freight, administration expenses traveling expenses etc. this cash voucher

will be immediately paid by the cashier of production of the cash voucher along

with accounts manager signature.

BORROWINGS

A company needs money to finance its activities from time to time. A part

of this requirement is met by the issue of shares.

Inter corporate loans Fixed deposits


29/53

Loans from head office

BANK OF CAMBODIA MILLS

Indian overseas bank - Town hall Canara bank - Ondipudur

BOOKS MAINTAINED BY ACCOUNTS DEPARTMENT

Cash book Bank book Purchase journal Sales journal General journal Sundry creditors ledger Fixed deposit ledger trade deposit ledger General ledger


30/53

P&L A/c & B/SFILES MAINTAINED

Yarn processing Machinery Capital assets Continent file Delivery note Winding processing order Indent copy file Indent copy file In pass SPG

COSTING DEPARTMENT

In plays a vital role in the affairs of the company. Every week cost

department will forecast the yarn.

COST The cost estimate is prepared separately for various varieties20s/30s/40s/60s/80s/90s/100s to arrive of the actual cost/contribution

profitability statement prepared. A daily profitability statement an estimate on

production office.


31/53

FIXED CONVERSION COST

Wages (Fixed Nature) Staff Salaries Repairs &maintenance Deprecation Factory over head Administration over heads etc.,

VARIABLE CONVERSATION COST

Wages variable Vitalities cost-power-water-compares air etc., Consumable stores and spares etc.,

RESEARCH CENTURIES

Ahmedabad Textiles Industrys Research Association(ATIRA)

Bombay Textile Research Association (BTRA)


32/53

South India Textile Research Association (SITRA)PROCESS OF MANUFACTURE

Spinning Department Weaving Department Processing Department Utility Department Ancillary production centers Marketing cantors

BUDGET

Budget for yarn are separately for every year. In case of budgets. Theyare four types:

Production budget Wages budget Power budget

Expense budget

FORECOST

For every month fore cost statement are made with the budget as a base

fore cost are also done for your separately. It is a statement which gives as ideaabout the production profit and loss.


33/53

ACTUAL

In this statement the real costs which have been accured is taken and

compared with the budget and forecasted figures when there is any differencethe reason for the difference is analyzed.

PRODUCTION BUDGET

To began with production budget the first statement to be prepares for

Head Office(TN&P).

FIXATION OF STANDARD WASTE

The waste percentage for each department is decide and fixed percent on

department input.

STANDARD WASTE SALES REALIZATION

The statement is repairs to know the exact sales value of the and the sales

values are derived from it. This is done for all department waste. Cost manager

consign waste sales.

STANDARD WASTE SUMMARY

This is the summary of total waste sales value up to ring frame of all type

of mix. This is both for single and double yarn.

BALANCE OFF PRODUCTION

After analyzing the wastes and its sales value production details to be

given. The process of production starts form fined stage.

WAGE BUDGET


34/53


35/53

In this force cast it explain the selling price, contribution fixed expensed

administration and interest and also P&L manufacturing responsible cost

department like that of yarn fore costing actual are done after finalizing the fore

cost and actual report in to be prepared and submitted to the CentralGovernment.

PERSONNEL DEPARTMENT

Canteen Production Time officers Welfare


36/53

Staff Materials Staff Employee

Employers

Staff

FACTORY LAYOUT

Adequate accommodation is made available for the factory workers

sufficient space is provided between machinerys for then tomove about.

ESI(EMPLOYEE STATE INSURANCE)

This scheme was introduced from the year 1995 and is still working

satisfaction ESI over agley for employee must be 90 days salary.

Employee 17.5% (Monthly)

Management 4.75%(6.50) (Monthly)

7,500 Salary below to allowed for ESI benefit.

ESI BENEFIT

Employee Sickens Any Accident By pass Surgery And our family member

PF (PROVIDENT FUND SCHEME)


37/53

The employees carefully enjoy the schemes and the workers are

contributing to the rules.

Employee =12% of salary Management =12% Company =3.67+8.33+pension amount Pension only 6500 for eligibility Form 10 who the next person From 19 retirement, resignation, dismiss From 20 still death serviced and 50 yrs completely From 10C 50 yrs below scheme certificate From 10D pension immediately sent to person next our wife is

children below 26

EDLI (EMPLOYEE DEPOSIT LINKED INSURANCE SCHEME)

It any employee insured death Rs.62,000 be given to the family form

immediately 10 Days and person immediate.

PF.LOAN FACILITY

Form 31: Marriage Loan 3 times Employee percent of salary for Loan Site purchase 24 month salary House Consecution (36 Month salary) House purchaser Educations loan(3 times) Medical Loan(ESI) Eligibilty Non Person (12 Month salary)


38/53

CONCLUSION

The computerization is aimed decreasing work of employees in this

company, When the computer is implanted, there is no need to keep the details

of in textiles of regards. All the data can be stored in the system and whenever

the user needs to access the data, he can easily retrieve it.

The company maintains the record-using computer to develop in such a

way that it should be easy to handle. A person even without prior training can

operate it.


39/53

CONTENTS


40/53

INTRODUCTION


41/53

PROFILE OF THE COMPANY


42/53

BRANCHES


43/53

FUNCTIONAL DEPARTMENT


44/53

PURCHASE DEPARTMENT


45/53


46/53

PRODUCTION DEPARTMENT


47/53

QUALITY CONTROL DEPARTMENT


48/53

STORE DEPARTMENT


49/53

SALES DEPARTMENT


50/53

FINANCE & ACCOUNTING DEPARTMENT


51/53

COSTING DEPARTMENT


52/53

PERSONNEL DEPARTMENT


53/53

CONCLUSION

the study on cotton textile of annai

Documents