vehicle tracking system (erp)

8/6/2019 Vehicle Tracking System (Erp)

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Entrepreneurship Project ReportOn

Vehicle Tracking System

An entrepreneurship project report submitted in the partialfulfillment of the requirement for the Degree of Bachelor of

Technology under BPUT

Submitted By

Saroj Kumar Nayak Regd. No. : 0601227075Ashis Jena Regd. No. : 0601227119Saumendra Kumar Sahoo Regd. No. : 0601227120Biranchi Narayan Swain Regd. No. : 0601227122Bhabani Shankar Behera Regd. No. : 0601227134

Department of Electronics and Telecommunication Engineering C. V. Raman College of Engineering Bhubaneswar


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CERTIFICATE

This is to certify that the entrepreneurshipproject report entitled as Vehicle TrackingSystem submitted bySaroj Kumar Nayak Regd. No. : 0601227075

Ashis Jena Regd. No. : 0601227119Saumendra Kumar Sahoo Regd. No. : 0601227120Biranchi Narayan Swain Regd. No. : 0601227122Bhabani Shankar Behera Regd. No. : 0601227134

is a record work done for partial fulfillment ofthe requirements for the award of B.Tech degree in Electronics and Telecommunication Engineering ,

of Biju Pattanaik University of Technology, Rourkela , is a bonafied record work done under mysupervision and guidance.

Acknowledgement

Acknowledgement

Prof. P. KanungoH.O.DE&TC

Mrs. Rashmita MohapatraGuideE&TC

External


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Acknowledgement

We would like to express our immense gratitude and sincerethanks to project guide Mrs. Rashmita Mohapatra whose co-operative guidance has helped us in successful completion of thisEntrepreneurship Project on Vehicle Tracking System. We arevery much thankful to Prof. P. Kanungo (H.O.D. Dept. ofElectronics and Telecommunication Engg., CVRCE).

We express our deep sense of gratitude and appreciation tothe entire faculties in Dept. of Electronics and TelecommunicationEngg. For their valuable and scholarly guidance, constant

supervision and timely advice and nonteaching staff on Electronicsand Telecommunication Engg. Dept. and our friends withoutwhom our endeavor would not have been successful.

Saroj Kumar Nayak Regd. No. : 0601227075Ashis Jena Regd. No. : 0601227119Saumendra Kumar Sahoo Regd. No. : 0601227120Biranchi Narayan Swain Regd. No. : 0601227122Bhabani Shankar Behera Regd. No. : 0601227134

B. Tech, 8 th semester

Dept of E&TC Engg.,C. V. Raman College of Engineering


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ABSTRACT

Vehicle tracking system or Vehicle positioning system is a new technology

which provides a new dimension in the field of vehicle security and traffic control and

also ensures greater safety to the automobile customers. In this system a digital code

will be provided to the users and this digital code through the installed tracking

system hardware, will be directly accessed by the satellite to get the details of the

vehicles position to the main enquiring office. It is also needed to install a number of

radio base station (known as Access points). These access points will provide fast

network response time. Each of these Access points are provided with a unique code.

When a vehicle code is processed, the vehicle code will be sent to the nearest Access

point that will confirm its location in its surrounding by accessing the signal through

the satellite sent by the vehicle. Also GPS system can also be installed to the premium

users (with some extra cost). Here in this project the brief concept of implementing

this new technology in Indian automobile market has been discussed.


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CONTENTS

1. GENERAL INFORMATION ......................... . 1

2. DETAILS OF THE PROPOSED PROJECT .. ................... 42.1. Land and Building:.. .................. 4

2.2. Machineries / Equipments: .. .................. 4

2.3. Miscellaneous Fixed Assets: ............... 5

2.4. Preliminary and Pre Operative Expenses : ... ............... 5

2.5 Working Capital : .. ............... 5

3. MARKET POTENTIAL ............... . 6

3.1. Present Demand and Supply of the Product Competition:... .............. 6

3.2 Target Clients:... ............... 6

3.3 Marketing Strategy.............................................................................................. .6

4. MANUFACTURING PROCESS .................................. 7

4.1 Technical Know How Av ailability: .............. ...7

4.2 Step by Step Description:.. ............... 7

5. PRODUCTION SCHEDULE. ............... 8

5.1 Num ber of Working Days per Annum:.. ............... 8

5.2 Number of Working Shifts: ............... 8

5.2.1 Sales Revenue:. ................ 85.2.2 Utilities: ............... 8

5.2.3 Salaries/Wages:.. ................. 9

5.2.4 Repairs and Maintance :... ............... 9

5.2.5 Selling and Distr ibution Expenses:.. ............... 95.2.6 Administrative Expenses: ................ 9

5.2.7. Interest : ............. 10

5.2.8. Depreciation: ............. 10

5.2.9 Misc. Expenses : ............ 10

5.2.10. Rent :.. ............... 10

5.2.11. Total Cost of the Project:.. ............... 10

5.2.12. Means of Finance :. ............... 11

6. PROFIBILTY PROJECTIONS. .............. 12

7. CONCLUSION:...13
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1. GENERAL INFORMATION

Name of the Entreprenuers :

Saroj Kumar Nayak

Ashis Jena

Saumendra Kumar Sahoo

Biranchi Narayan Swain

Bhabani Shankar Behera

Proposed Project :

Vehicle tracking system.

Major Product / Services :

Vehicle security and GPS facality.

Proposed Locations :

Orissa/ Jharkhand /West Bengal / Andhra Pradesh

Type of Organization :

Vehicle security provider.


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ENTREPRENUER PROFILE :

1. Name : : Saroj Kumar Nayak

Educational Qualification: Bachelor of Technology Technical Skills: C, C++, VLSI

2. Name: Ashis Jena

Educational Qualification: Bachelor of Technology

Technical Skills: C, C++, Java, Oracle, VLSI

3 . Name: Saumendra Kumar Sahoo


Technical Skills: C, C++, VLSI, Oracle4. Name : Biranchi Narayan swain


Technical Skills: C, C++, VLSI

5. Name : Bhabani Shankar Behera


Technical Skills: C, C++


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TYPE OF THE PRODUCT / SERVICES:

1. Type of the Project :

To provide vehicle security to the customers and enabling GPS

facility on Indian road.

2. Product / Services Description :

It is a vehicle security providing organization. Here we provide

a security system to the vehicle owners which will track theirvehicles position in case of stolen. Als o GPS service can be

provided on extra charge helping them in navigating in an

unknown city or town.

3. Major Consumers :

Private vehicle owners and transport companies.

PROMOTERS:

1. Major Promoter of our project will be the major vehicle manufacturing

organizations.

2. Capital from reliable and Supportive Capital Ventures.

3. Mr. A.K. Singh, Designing section, TATA motors, Pune.


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2. DETAILS OF THE PROPOSED PROJECT

This new technology which provides a new dimension in the field of vehicle security

and traffic control and also ensures greater safety to the automobile customers. It isfacilitated with GPS system as an extra additive facility.

In this project we require an main enquiry office, repeator station and some

networking devices enabling the tracking system.

2.1. Land and Building:

Sr. No. Particular Area Required Total

Value(p.a)

Remarks

1.2.

LandBuilding

NA10000sqFt Rs. 3,60,000 Rental charge

is 30,000 p.mTotal: Rs. 3,60,000

2.2. Machineries / Equipments:

Sr. No. Description Nos. Required Rate(Rs.) Total Value(Rs.)1. Computer 20 30,000 6,00,000

2. Printer 10 6,000 60,000

3. Scanner 5 4,000 20,000

4. Fax 1 5,000 5,000

5. Antenna 10 8,000: 80,000

6. Wire 1000 mts 20/mt 20,000

7. Receivers 10 200 2,000

Total: 7,87,000


10/18


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3. MARKET POTENTIAL

3 .1. Present Demand and Supply of the Product Competition:

Nowadays vehicle theft is a major concern to the vehicle owners and transport

companies. This technology will surely provide a great security and relief on their

investments. For new vehicles it can be installed with the manufacturers and for older

ones there will be an farm outlet will provide them the necessary information and

facility

3.2 Target Clients:

Our main target clients are private vehicle owners, transport companies, vehicle

manufacturers and tourism developers.

3.3 Marketing Strategy:

The Marketing Strategy will be advertising the product in the media and by

companys representatives by visiting various target clients and by making them

aware of the features, application and the type of technology used in product.


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4. MANUFACTURING PROCESS

4.1 Technical Know How Availability:

Books related to Radar engineering, signal processing, networking and database

management system.

Different working platforms like Windows, Linux etc .

4.2 Step by Step Description:

1. In this system a digital code will be provided to the users.

2. This digital code through the installed tracking system hardware, will be

directly accessed by the satellite to get the details of the vehicles position to

the main enquiring office.

3. It is also needed to install a number of radio base stations (known as Access

points). These access points will provide fast network response time.4. Each of these Access points are provided with a unique code. When a vehicle

code is processed, the vehicle code will be sent to the nearest Access point that

will confirm its location in its surrounding by accessing the signal through the

satellite sent by the vehicle.

5. Also GPS system can also be installed to the premium users (with some extra

cost).


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5. PRODUCTION SCHEDULE

5.1 Number of Working Days per Annum:

The Firm will remain open for all weekdays.

5.2 Number of Working Shifts:

Since it is a security providing service and has to be working 24X7, so there will be

three shifts of working hours. Working hours from 7:00am to 3:00 pm, 3:00 pm to

11:00 pm and 11:00 pm to 7:00am.

5.2.1 Sales Revenue:

Year(2007)

Items Quantitysold/year

Rates per unit(Rs)

Salesrealization(Rs)

1. Vehicle trackinghardware

500 20,000 1,00,00,000

Total 1,00,00,000

5.2.2 Utilities:

Sr. No. Particulars Annual Expenditure(Rs) Remarks1.2.3.4.

Power/ElectricityWaterCoal/Oil/StreamAny other item

60,00010,000---------50,000

Total 1,60,000


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5.2.3 Salaries/Wages:

Sr.No.

Particulars No. Wages /Salaries perMonth(Rs.)

AnnualExpenses(Rs)

1.

2.3.4.5.

Skilled

Semi SkilledUnskilledOffice Staff Any Other

15

1053

20,000

13,0003,0005,000

36,00,000

1,30,00015,0001,80,000

Total 39,25,000

5.2.4 Repairs and Maintenance:

Sr.No.

Particulars Amount(Rs)

1. Hardware maintenance 10,0002. Computer and Electronic goods 20,000

Total 30,000

5.2.5 Selling and Distribution Expenses:

Sr.

No

Particulars Amount(Rs) Remarks

1.2.3.

Publicity ExpensesTravelingFreight

Total

1,00,00050,00010,000

1,60,000

5.2.6 Administrative Expenses:

Sr.No

Particulars Amount(Rs) Remarks

1.2.3.

Stationery & PrintingPost/Telephone/TelegramsAdvertising Expenses

Total

20,00050,00030,000

1,00,000


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5.2.7.Interest:

Year OutstandingLoan Amount(Rs)

Inte res t Installment(Rs) Balance(Rs)

1 40,00,000 4,00,000 5,00,000 44,00,000

5.2.8.Depreciation:

Sr.No.

Type of Asset Cost of Asset Expected Life Depreciation

1. Computer 30,000 1 yrs 3,0002. Assets 50,000 1 yrs 10,000

Total 13,000

5.2.9Misc. Expenses:

Sr.No.

Description Cost

1. Furniture 40,0002. Coffee Maker 5,0003. A.C. 1,00,000

Total 1,45,000

5.2.10. Rent:

Sr.No.

Item Rs.

1.2.3.4.

BuildingElectricityWaterPhone

3,60,00060,00010,00050,000

Total 4,80,000


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5.2.11. Total Cost of the Project:

Sr. No. Particulars Total Value(Rs.)1.

2.

3.

Fixed Capital(Total of item No.2.1,2.2,2.3)

Working Capital margin(Total of item No. 2.5)Preliminary & Pre-operat iveExpenses(Total of item No. 2.4)

12,92,000

8,80,000

2,60,000

Total 24,32,000

5.2.12. Means of Finance:Sr. No. Particulars Amount

(Rs.)Remarks

1.2.

Own InvestmentWorking Capital Loan

12,00,00013,00,000

Total: 25,00,000


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6. PROFIBILTY PROJECTIONS

Sr. No. Particulars Amount (Rs.)A.

B.

i)ii)iii)iv)v)

vi)vii)viii)ix)x)

C.D.E.

Sale Realization

Cost of Manufacturing/ ServicingMachinesUtilitiesSalaries/WagesRepairs & MaintenanceSelling & Distr ibutionExpensesAdministrative ExpensesInterestRentDepreciationMisc. Expenses

Total

Gross Profit/Loss(A-B)Income-taxNet Profit/Loss

1,00,00,000

7,87,0001,60,000

39,25,00030,000

1,60,000

1,00,0004,00,0004,80,000

13,0001,45,000

62,00,000

38,00,000

12,54,00025,46,000


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7. CONCLUSION

Nowadays vehicle theft is a major concern to the vehicle owners and transport

companies. This technology will surely provide a great security and relief on their

investments. For new vehicles it can be installed with the manufacturers and for older

ones there will be an farm outlet will provide them the necessary information and

facility.

vehicle tracking system (erp)

Documents