JOSCO POLYMERS PVT LTD

A REPORT ON INDUSTRY FAMILIARIZATION AT 1. JOSCO POLYMERS PVT LTD, PUDUCHERRY Submitted by ARJUN SOMAN (2010-2012) Under the guidance of

Project report submitted to the SAINTGITS COLLEGE OF ENGINEERING DEPARTMENT OF M.B.A Kottukulam Hills Pathamuttom Kottayam-686 532 (Affiliated to Mahatma Gandhi University, Kottayam, Kerala)

DECLARATION

I, Arjun Soman, hereby declare that the study report titled Industry Familiarization at Josco Polymers Pvt. Ltd. submitted to Saintgits College of Engineering, Department of M.B.A, Kottayam, Kerala is a record of the original work done by me and no part of it has been submitted earlier for award of any Degree, Post-Graduation or similar title of any other University or Institution.

Kottayam Arjun soman 20/01/2011

CHAPTER I: INTRODUCTION

1. INTRODUCTION

An organisation is a planned, coordinated and purposeful action of human beings to achieve certain specific goals through division of labour and hierarchy of authority. An organisational study is the systematic study about how people - as individuals and as groups - act within organisations.It involvesthe study of the structure and functions of different departments. Almost all the organisations aredifferent but they have certain common features. All are collection of people, linked together by formal andinformal relationships. They have hierarchical orders that are engaged in co-operative activities and they allhave identical boundaries. So the study of people in organisation is important for future managers. Structure of an organisation is very important for its functioning and growth. It provides the basic frame work for its progress and expansion. For the future managers it is very important to study the organisational structure and functioning of a successful organisation so that, as future managers, they may guide their organisations towards achieving their company goals.

1.1 OBJECTIVES OF THE STUDY To study the organisational structure and its hierarchy. To study various functions of different departments in the company. To understand duties and responsibilities of officials. To be familiar with the company. To learn the way management tries to co-ordinate activities of different departments. To analyse strength, weakness, opportunities and threats of the company.

1.2 SOURCES OF DATA COLLECTION

Primary Source Primary data was collected through discussions and interviews with officials, employees and workers of the company and also through observation. Secondary Source Secondary data was collected from: Annual reports Company websites. 1.3 LIMITATIONS OF THE STUDY Due to the lack of time, respondent employees were not ready to give much information. Employees were not ready to give certain vital information because of its confidentiality

It was very difficult to collect detailed data about each department within the limited time.

SCOPE OF THE STUDY The present study was conducted in Josco Polymers to know about what all are the process happening in an organisation. An overview of the various functional areas like production, human resource, marketing and finance were studied for my purpose. PERIOD OF STUDY The actual institutional training in Josco Polymer Pvt. Ltd. was during 20th Dec to 31st Dec 2010. The study was conducted in the period of 11 days.

CHAPTER II-INDUSTRY PROFILE

2.INDUSTRY PROFILE Footwear is no longer just a necessity, but also something that is a fashion statement. In the present days of high fashion and beauty awareness, a person's image is defined by the kind of clothes and shoes he/she wears. Footwear industry is one of the fastest growing industries in the Union Territory. The leather industry is a good industry to promote for a number of reasons: it is to a great extent a small-scale industry with considerable employment potential although it has become much more capital intensive over time. Another major advantage of the leather industry is that it is a major export earner. Though Pondicherry does not need to promote export activity as such, export markets provide another base for the growth of indigenous industry. Here, the rest of India also offers a large market. The focus will have to be, however, on value addition and not on tanning. As it is an export-oriented industry, it will have to meet international standards. Another dimension to this is marketing. In order to capture an increasing share of the market, the leather industry with the help of the government will have to spend considerable effort in promoting leather products so as to compete with goods produced in other countries. Salary The growth of the industry has increased the scope for jobs and, consequently, salary. One can expect a starting salary of around Rs. 10,000-12,000 per month. International players offer between Rs. 15,000-20,000 per month. Entrepreneurs in this field can get more income depending upon the size of their business. With India poised to play a key role in global trade and exports, the footwear industry will need a very large manpower. One should be able to work for long hours and meet deadlines. Knowledge of science and an aptitude for working with machinery is a must for managers and supervisors. Research Marketing is one that differentiates one footwear manufacturer from countless others. It involves researching the market, working with advertising agencies to advertise footwear collections and mapping out strategies for selling footwear in the discerning domestic market as well as the expanding export market.

CHAPTER III: COMPANY PROFILE

3. COMPANY PROFILE

COMPANY PROFILE

Name Address Abishegapakkam, Puducherry 605007. Incorporation Symbol

JOSCO POLYMERS PVT. LTD. 1-4, Abishagapakkam Main Road,

1983 in Puducherry.

JOSCO

SloganWalk with Pride" Chairman & M.D Mr. Abey Joseph

Register officeAbishegapakkam Main Road, Abishegapakkam, Puducherry-605 007.

Factory Timing

8.30 am to 5.00 pm

Working days in a week 6 Days

3.1HISTORY OF JOSCO POLYMERS The success story of Josco group dates back to 1972 when an enterprising rubber planter, Mr.P J Joseph Kainady , with his keen business sense and foresight started its first unit , with an annual capacity of 0.9 million pairs in Calicut , Kerala , the southernmost state in India . There has been no looking back to the group. the sandals made by the group marketed in two brand names namely Fisher and Miami Cushion, the pioneers the field , took the south Indian market by storm , with excellent quality , durability and comfort that is reasonably priced . Utmost emphasis is placed on quality, right from procurement of the raw material to the final stage of production and packing. The International Business Excellence Award, conferred to our jubilee award in the year 1997 has added the sparkle to the companys profile. They manufacture Rubber sandals popularly known as Hawai Chappels, light weight injected EVA chappals, fabricated genuine leather and synthetic leather footwear. They are also exporting footwear to the Arab countries, Israel and European countries from the unit Calcutta.

PUDUCHERRY PLANT The parent company M/s Josco Rubbers was started in the year 1972 in Calicut, Kerala by Mr P.J Joseph Kainady. The parent company started manufacturing and marketing rubber sandals in the brand name of Fisher. To meet the demand in Tamilnadu and Puducherry Josco Footwear pvt. Ltd was started by Chairman Mr Abey joseph. Josco Footwear Pvt Ltd was started as a company in the year 1983 in Puducherry. This company started manufacturing and marketing its product in the name of Miami Cushion. This product is sold all over the South India. 3.2 OBJECTIVE OF JOSCO POLYMERS To make Josco the leading Footwear provider in the world and shall take necessary steps for creating quality, comfort and trendy footwear. Our efforts would be in direction, which makes the group the world leader in

the field of fashion, design, technology &management due to the quality of our response, range of service and cost effectiveness.

3.3COMPANIES UNDER THE JOSCO GROUP

1.

Josco Footwear Products Pvt. Ltd, (JFPL) this is further divided into unitI & unit-II in Puducherry. Josco Polymers Pvt. Ltd, (JPL) under it there is a factory, assembling unit and two depots one in Salem and one in Madurai.3. F&M Polymers they manufacture EVA Footwear.

2.

3.4 SLOGAN OF THE COMPANY The slogan of the Josco Group is "WALK WITH PRIDE" and "LONG LASTING CHAPPLES FOR THE HARDWORKING FEET".

3.5HOUSEKEEPING POLICIES They follow the Japanese housekeeping policies of 5s and Kaizen program.

3.65S POLICY 5s mainly consists of 5 steps namely:

SORT SET IN ORDER SHINE STANDARDIZE SUSTAIN

KAIZEN

Kaizen means step by step improvement. A suggestion box is kept where employees can drop their suggestions. These suggestions are

periodically checked and taken into consideration. lf an employee's suggestion is implemented and if it is exceptionally good rewarded. he/she is

3.7INTRODUCTION Natural rubber is derived from a milky colloidal suspensions of latex found in the sap of the rubber plant. Purified form of natural rubber is the chemical polyisoprene, which can also be produced synthetically. Natural rubber is used extensively in many applications and products, as is a synthetic rubber. In India, commercial cultivation of natural rubber was introduced by the British planters, although the experimental efforts to grow on rubber on a commercial basis in India were initiated as early as 1873 at the botanical gardens, Kolkata. The first commercial Heavy plantations in India were established at Thattekadu in Kerala

3.8RUBBER PREFFERED They are preferred in today modern world for reason. Light in weight Nontoxic and absolutely safe to use Protected from diseases , heat , chemical Smooth and soft Low cost in material Good for growth

3.9ORGANISATION CHART

Organization chart is the result of organization design. Organization chart portrays graphically the structural relationship among the different functions (departments) and the positions (persons) on the enterprise that are responsible for those functions. Organization chart shows-how the dynamic activities of a concern are coordinated into a working unit. Organization chart which is also known as organization tree is nothing but a map or drawing of the organization.

AN ORGANISATION CHART SHOWS The interrelationship and relative position of each department of the company.
o o o

The line of command, i.e., authority and responsibility. Relationships between different managers (i.e., by virtue of their status in the organization)

Kind of managerial relationship which exist (i.e., line, staff any function)

Sometimes, the name of managers along with the number of persons they supervise.

o o

And bring to notice an illogical grouping functions. And pinpoints the omission of particular functions.

3.8.1ADVANTAGES OF ORGANIZATION CHART

o

An organization chart tells quickly as who is responsible for a

particular
o o

function. It pinpoints the weakness of the organization.

Information contained in the organization chart supplements the details available in organization manual.

An organization chart can serve as a training device and as a guide in planning for expansion.

An organization chart is useful in showing the nature of organization, and changes, if any in the existing staff and the new-corners.

3.8.2THE ORGANISATIONAL CHART OF JOSCO

BOARD OF DIRECTORS

MANAGING DIRECTORS

CEO
Senior manager Pro. Admin. manager Account s Manage r Sales/ Marketing

Unit II

JFP L

F& M

JP L

Asst. manager HR

Asst Manager

Senior sales manager

Depot coordinato r

Store Asst

Store Asst

Super visor

Store keeper

HRAsst.

Senior Accountan t Account Asst(sr)

Sales coordinato r Sales executive

Depot in charge

Superviso r

Super visor

Wor k-ers

Supervisor

Office Asst.

Accountant

Workers Worker s Workers Account Asst (jr) Sales officers

Sales officer

Packers

Dispatchers

Drivers

Load man

3.9COMPETETORS VKC LUNAR PARAGON 3.10PRODUCTS STROLLERS STROLLERS ECO STROLLERS GOLD DIVA ICE FISCHER LITES EXECUTIVE RUBBER FOOTWEAR METHIYADI COLORS

STROLLERS

STROLLER GOLD

DIVA

FISCHER

EXECUTIVE

FISCHER LITES

RUBBER FOOT WEAR

METHIYADI

COLORS

LEATHER LITES

3.11 DEPARTMENTS The various functional areas of JOSCO POLYMER LTD.,are HUMAN RESOURCE MANAGEMENT PRODUCTION DEPARTMENT DESIGN DEPARTMENT MARKETING DEPARTMENT FINANCE DEPARTMENT

3.11.1HUMAN RESOURCE DEPARTMENT

INTRODUCTION The principal concept of an organization is its human resources. It is the human resources, which is of permanent importance in the success of any organization because most of the problems in organizational setting are human and social rather than physical, technical or economic. Failure to reorganize this fact cause immense loss to the nation, enterprise and the individual. Human resources are the most important assets an organization has and their effective management is the key to its success. It is through human resources that all other resources are acquired and used. Decisions about human resources tend to directly affect the quality and use of all resources. Human resource management is the process of effectively planning and directing the application, development and utilization of human resources in employment. It is concerned with the relationship between the workers and the organization. Its main extract maximum efforts from them for the effective functioning and success of an organization.

3.11.1.1 HUMAN RESOURCES IN JOSCO POLYMERS PVT. LTD,

In Josco polymers Manager Administration - Mr. A.N.Sekar, Assistant manager - Mrs. Anitha, HR Assistant Mrs. V. Mahalakshmi, Office Assistant Miss. A. Anjalatchi. The duties and responsibilities of the personal department are,

3.11.1.2

RECRUITMENT PROCEDURES

In Josco Polymers, the selections of new employees for the vacancies are done with the help of an advertisement in paper. The qualification differs to every person like technical, supervisor and worker. For technical rubber technology am leather, supervisor mostly ITI and fitter, workers are skilled and unskilled.

3.11.1.3 SALARY ADMINISTRATION In Josco Polymers, salary is given to the employees on the 5 ffi day of every month with consolidated and some allowances. Everybody gets an increment for every year; its based on their own performance and seniority. Only the permanent staff is entitle for provident Fund, employee's state insurance, etc. After retirement from job they get their P.P. within the three months. In case the worker has more than 10 years of service, gets a service pension. Their employee are earned above Rs.10, 000 not having E.S.I. through this we can enjoy leave salary from E.S.I. salary. All the employees are given salary advance two times in a year. All are paid Minimum wages given by labour Act under the rules of Government.

3.11.1.4 ADDITIONAL BENEFITS

Refreshments like tea, served during break to all the employees. Two set of free chapels in a year. Loan without interest once in a year. There is no union; every employee is linked with boss. Monetary awards. Annual Tour

ATTENDANCE AND LEAVE POLICIES To record attendance the company is using a machine. All the employees are required to press the machine so that the employees thump impression is recorded in the machine. By using thump impression the employees attendance is marked. Employees on entering into Organization have to put their signature in a daily register. This register is treated as an attendance for the employees. This register is used by the employers to know about the absentees. Josco polymers, given for every 20 days one day leave with salary. Therefore 15 days paid leave for one year. The full attendance worker gels Rs.150 incentive which is included to salary. In case there is remaining leave, it is kepi 2s opening balance for next year. They follow only calendar year January to December. The remaining leave will be encased to worker and no leave encashment for staff Leave letter must submit before leave. All employees taking continuous leave without information gets a warning letter.

3.11.1.6 DISCIPLINES FOLLOWED

No smoking inside the industry. Timing should be followed Mobile phone is prohibited

3.11.1.7 FACTORY TIMING

Forenoon session 8.30am to 1.00pm Lunch time 1.00pm to 1.30pm

Afternoon session 1.30pm to 5.00pm KAIZEN Kaizen means step by step improvement. A suggestion box is kept where employees can drop their suggestions. These suggestions are periodically checked and taken into consideration. lf an employee's suggestion is implemented and if it is exceptionally good he/she is rewarded. 3.11.2 PRODUCTION DEPARTMENT 3.11.2.1 INTRODUCTION The first and foremost function of the production department is production planning. Production planning is designed to satisfy consumer demand by turning out of desired amount of goods. Sometimes production capacity may be greater than the estimated demand. Otherwise it will be necessary for the management to go in shifts to meet this demand, both instances illustrate that marketing and production planning are actually inter-related. The basic objective of production planning is that it is essential for purchase, coordination and maintenance of factors of production, especially machines, materials and people since the manufacturing cost of the product will depend on the costs associated with raw material, merchandise, suppliers, labour and equipment, the production plan will start with the desired number of people needed to attain these goals.

2.11.2.2 PRODUCTIONOF POLYMERS In order to produce right goods at right quantity, at right time and at right cost, Josco Polymers does the following activities. They coordinate with purchase department and material department. Designing a product location and layout of plant and building. Planning and controlling of factory operations Repairs and maintenance Inventory control and quality control Research and development Raw-material needed for the production of products by Josco Polymers is footwears, which consists or contain essential ingredients of the natural rubber and syndic rubber addition of the chemical adhesives. Footwear is formed into granules under the heat and pressure during manufacturing process.

[[ 3.11.2.3MAJOR RAW-MATERIAL INVOLVING IN THE PRODUCTION IS: Raw rubber Rubber Process oil Master batch pigment of color (white, yellow, blue etc.)

3.11.2.4 STORAGE OF RAW MATERIAL The type of raw-material stored by stores department of Josco Polymer does not require any special attention or regulation of storing. Stocks of raw materials are listed under 8 types. UPPER REXINE GENTS AND LADIES LINING REXINE INSOLE REXINE FOAM SHEETS NON MOVING REXINE CONSUMABLES PACKING MATERIALS NON MOVING REXINES FINISHED GOODS PRODUCTION PROCESS Production takes place in three different production units, each unit being housed in a separate building and the production process conducted dependent of each other. Production unit I (Josco footwear products Pvt. Ltd,)

Kirumampakkam, Hawai Production unit 11 Abshishekapakkam

sheets & EVA, PU Footwear Products Pvt. Ltd,)

(Josco

JFPL KIRUMAMPAKKAM In Josco Footwears Product Limited there are two managers Mr. Ravi and Mr. Rajesh. They explain about the machines and the production process. From there the production process starts. This unit is situated in PIPDIC INDUSTRIAL ESTATE at Kirumampakkam. They mainly deal with the production of Hawai sheets and Hawai straps based on natural rubber and synthetic rubber. The unit was started in the year 1983. COMPOUND PROCESS Raw rubber Co- activator Filler Process aid Curing agent This process will result in the production of Hawai sheets and Hawai straps. In this process we add 29 chemicals, Apocetes-568 Bowling agent Blue master batch Calcium carbonate Chin clay Salem clay Color DEG

 Enclo -68 F Hytherm PPT silca Process oil RGS Powder Raw rubber Renacit rubber SP oil Silicon emulsion Seraic acid TMT Titanium dioxide Violet color Zinc oxide SBR JIS -1502 T.blend EVA -1802

MACHINES USED TO PRODUCE THE SHEETS KNEADER MIXING MILL SHEET PRESS STRAP PRESS BOILER

By utilizing the raw materials in a proposition through these machines we will get Hawai Sheets and Hawai Strap.

KNEADER

MIXING MILL

PRODUCTION PROCESS In Josco footwears pvt ltd, Hawai sheets and Hawai straps are manufactured. The process for Hawai sheets are as follows,

MIXING OF RAW MATERIALS- all the raw material are weighted and mixed as per as the formula in the Kneader.

EXTRUSSION- output that is extruded from hopper is known as rubber compound. that is kept for aging.

WARNING- The extruded compound is warmed in an open mill mixer and sheeted over a table.

BLANK SHEET PREPARATION the blank sheet are cut and weighted from the warmed sheet compound as per the requirements of the mould.

CURING-blank sheets are vulcanized in a hydraulic press under heat and pressure.

AGEING-the cured and expanding sheets are cooled and aged for 15 days.

DISPATCH-the aged sheet are sent for cutting and assembling to JFPL.

PRODUCTION PROCESS IN JOSCO POLYMERS

Sheets of different size are brought into JPL

CUTTING OF SOLES-a power press which has cutting dies of different size is used to cut the Footwear300-350sheet are cut daily.

MAKING- The soles are then marked to punch holes to insert the strap

DRILLING-the holes are drilled to put the straps

SCREEN PRINTING- screening and printing is done, the company name and the MRP is screen printed.

STRAP ASSEMBLING- assembling is done manually or machine.

PACKING- First each pair is packed in an inner carton. Then 48 pairs are packed into 1 outer carton

DISPARCH- distribution for sales

MARKETING AND SALES INTRODUCTION Marketing is a comprehensive term and it includes all resources and a set of activities necessary to direct and facilitate the flow of goods and services from producer to consumer. In the process of distribution business man regards marketing as a management function to plan, promote and deliver products to the clients or customers, Human efforts, finance and management constitute the primary resources marketing.

OBJECTIVE OF MARKETING DEPARTMENT. Marketing refers to the promotion and pricing a product, placement and distribution when relevant. Promotion can be limited to a specific target group or it can be aimed at the general public.

As Josco Polymers Pvt. Limited does produce customer goods, industries are their main customers. Since there is a heavy demand for products, marketing activities like promotions, advertising are never needed.

MARKETING DIVISION IN CHARGE The s ales dep ar t ment is he aded b y th e sa les ma nag er M r .S elva rang an . He controls th e s ales and ma r keting division . The re a re 3 depo ts unde r th e c o mp an y; M adu rai , Erode,

pe ri ya kattup ala ya m. Th e depots a r e t aken ca re b y t he depot coo rdin ator Mr. Umamagesh. Each depot has a depot manager. There are sales officer, packers, and dispatchers. The retail and wholesale is controlled by Mr. Veeraragavan-sales coordinator.

FUNCTION OF MARKETING DEPARTMENT:

Formulation of marketing plans, procedures, policies etc. Developing a detailed sales plan, budgets and fixed sales targets. Coordination of all the marketing functions in the organization. Determination of marketing plans, procedure, policies etc. Sponsoring continuous programmer of market research to produce products to scope up with customer expectations.

Developing a detailed sales plan and budget.

CLIENT BASE We have been aggressively marketing our products, which has given us & our products a catbird seat in the global market. We have our wide sales & service network that enables us to cater to the client's requirement anytime anywhere. Footwear & Sports Shoes Moja Shoes Pvt. Ltd. RelaxoFootwears Ltd. Lakhani Footwear Ltd. Azam Rubber Products Ltd. Josco Footwear Products Pvt. Ltd. Industrial Rubber Products Diamond Footwear Sports Goods Indo Rubber & Plastic works Khanna Sports Industries G.B. Sports Meyor International Limited Mag. Sports Rattan Son Sports Meerut Meerut Meerut Gurgaon Meerut Sonepat Bahadurgarh Faridabad Gorakhpur Pondicherry Bangalore Delhi

We have positioned ourselves distinctly in our sphere of activities. We hold a commendable track record for serving our clients relentlessly with our unmatched range of products and services. Further, our expertise in the rubber industry has made us a distinguished player in the global market. We cater to various tyre, shoe, conveyor belting, automotive, medical, custom mixing and general rubber goods industries of international repute..

PRICE FIXATION 'Price is the exchange value of goods and service items of money'. It is the amount paid for the value 8c utility received by the buyers in the form of a product or service. The pricing policy followed by Josco footwear is based on competitive pricing in accordance to the price fluctuations and availability of raw materials. Variations in expenses towards powers, labour charges, etc., are also considered for pricing of the products. Long-time and regular customers and bulk order avail certain degree of price concessions.

CHANNEL OF DISTRIBUTION Since the products of Josco polymers are industrial goods all its products are directly supplied to distributors. They have own two depots Josco Polymer, Madurai. Josco Polymer, Erode. The leading distributors of Josco polymers Jubilee footwear, Pondicherry. Jubilee footwear, Villanur. Maruti traders, Madura'. Praveen agency, Kumbakonam. A. NI. agency, Salem. Rani Mahesh fancy, Ramanathpuram. Madura' shoe company, Chennai Gege traders. Clicnnai Shankar, vellore Mano shoe plaza, Tiruvanamalai Sri murugan agency, Cuddalore.

Praveen agency, Trivarur

SALES ENCOURAGEMENT

Advertisement Boards Local cable ads Postures Incentive schemes Yearly turn over schemes Van allowance

If the product is weak in the market they will provide additional discount to the product. Exchange is possible if the product has got damage. Fixing target for sales

Distributors target Turn over discount Advertisement

If a new product is launched into the market following methods are adopted;

Sample development Sales team display Distributors

If they are satisfied the product will be launched. Sales team consist of 5 members out of it 4 are marketing executives. Senior sales manager is Mr. Selvarangan. As per them April, May and June is the most profitable months in the year. 30-35 cr is the yearly sales turnover of the company. There are 10 workers under sales team. As per the datas the company is achieving the sales target from the beginning.16th of every month the sales team will make projections.

FINANCE DEPARTMENT INTRODUCTION: Finance is an identical but distinct segment Of the overall management function. It is closely related to various managerial functions such as production, personal and distribution. The finance function comprises of determining and rising of necessary fund s from appropriate courses and their proper allocation and control with the aim of attaining the enterprises goals and objectives. Finance functionaims at reaching a tradeoff between risk and return between profitability and liquidity with ultimate objective of maximizing the value of the firm. Williams, hunt and Donaldson describe finance function as "a task of providing the funds required by an enterprise on the terms most favorable to it in the light of the objective of the business".

FUNCTION OF FINANCE DEPARTMENT The accounts department processing industry performs the following functions purchase processing, sales processing excise duty register maintenance, petty cash, payroll processing. These functions are executed by assistant manager accounts in respectively,

It is responsible for finalization of half yearly and annual accounts for internal audit and also to file the same to the inspector of factories.

They prepare yearly budgets and make a periodic revised of all subsidiary ledgers. Cash or bank payment vouchers and vouchers on sale of sale of scrap are prepared and keyed into system.

They generally maintain the books of accounts necessary for the organization are, Cash book, journal book and sales register, purchase

register, and debit note register, credit note register journal/ledger.

Financial accounts such as trading and profit and loss account and balance sheet is prepared at the end of the financial year.

The payments is received by the customer are examined with corresponding invoices.

The accounting in charge is responsible for preparing cost accounts and financial budget.

THEY PREPARE THE FOLLOWING REPORTS OR ACTIVITIES Preparing bill of exchange Preparing Balance sheet and Profit and loss A/C They generally maintain fixed assets register for a periodical physical rate approval for those who fulfill the criteria It is responsible for the preparation of "sales carder processing" on invoice Forwarded by the marketing department and finally generates order master, This states the performance of customers

BANKER In Josco Polymer Pvt. Ltd, every unit has an account in bank for a transaction. Through this the company give salary to employer get a salary from CANARA BANK.

PURCHASE DEPARTMENT Purchase department of Josco polymers is taken care by Mr. Ravi

Lourderaj who is in charge of purchase department. The function of purchase department is to purchase the materials required for the production. Normally they purchase 3 types of material. Raw materials Consumables Spares They mainly purchase materials from North India like Haryana, Delhi, Gujarat etc.

PURCHASE PROCESS

Purchase requisition

Order

Following up

Party

Sending material

Dispatch

Follow up

Clearing transport

Store

Once the stock is stored in the market Goods received note is raised by the store department in the firm. The material is checked by the store keeper and production manager. If they approve the material is taken for the production. In case there is a rejection company sends back and gets replacement. The expenses will be bored by the dealer himself. If lack of materials arises the company will go for alternative suppliers. If only the company receives the raw material, they will make the payments. Without the material requisition the manager wont buy anything. He has the direct contact with the suppliers. He has got the power to decide anything about the purchase. Reduction and discount is there for the raw materials. Payment is the important aspect of production department.

DESIGN DEPARTMENT Design department is an important department concerned to Josco Polymers. They play an important role in the organization point of view. The department is headed by Mr. Upendra. Under him there are two assistants. The main function of this department is to design the footwears. Another function of this department is to check the quality of raw materials.

SWOT ANALYSIS

STRENGTHS:

Existence of more than sufficient productive capacity in tanning. Easy availability of low cost of labour. Exposure to export markets. Managements with business background become quality and environment conscious. Presence of qualified leather technologists in the field. Comfortable availability of raw materials and other inputs. Massive institutional support for technical services, designing, manpower development and marketing. Exporter-friendly government policies. Tax incentives on machinery by Government. Well-established linkages with buyers in EU and USA. WEAKNESSES: -

Low level of modernisation and upgradation of technology, and the integration of developed technology is very slow. Low level of labour productivity due to inadequate formal training / unskilled labour. Horizontal growth of tanneries. Less number of organised product manufacturers. Lack of modern finishing facilities for leather. Highly unhygienic environment. Unawareness of international standards by many players as maximum number of leather industries are SMEs. Difficulties in accessing to testing, designing and technical services. Environmental problems. Non availability of quality footwear components Lack of fresh investment in the sector. Uneconomical size of manufacturing units. Competition among units vying for export orders leading to undercutting. Little brand image. Poor labour productivity. Lack of awareness about consistent in plant training and retraining- Inconsistent quality high rejection rate

Low machine and material productivity. Lack of quality job work units Delayed deliveries Weak support infra- structure for exports OPPORTUNITIES: -

Abundant scope to supply finished leather to multinationals setting up shop in India. Growing fashion consciousness globally. Use of information technology and decision support software to help eliminate the length of the production cycle for different products Product diversification - There is lot of scope for diversification into other products, namely, leather garments, goods etc. Growing international and domestic markets. Exposure to newer markets through Fairs/ BSMs Retain customers through quality supplies and timely deliveries Aim to present the customer with new designs, infrastructure, country& company profiles. Use of modern technology Exhibit strengths in manufacturing, for example, strengths in classic shoe manufacturing, hand crafting etc. De-reservation of the footwear sector. THREATS: -

Entry of multinationals in domestic market. Stiff competition from other countries.(The performance of global competitors in leather and leather products indicates that there are at least 5 countries viz, China, Indonesia, Thailand, Vietnam and Brazil, which are more competitive than India.) Non- tariff barriers - Developing countries are resorting to more and more non tariff barriers indirectly. Improving quality to adapt the stricter international standards. Fast changing fashion trends are difficult to adapt for the Indian leather industries. Limited scope for mobilising funds through private placements and public issues, as many businesses are family-owned.

SUGGESTIONS

I suggest the following, for the company to shine in more prospective way, if considered to be necessary. The company management should find out the remaining 12% of the labours queries which causes them that they are in the level of dissatisfaction. This can be done by appointing a companys personal officer or the immediate supervisor as the counsellor between the Top level management and the Bottom level management, so that he can act as a friend between the labours and the management. I would also suggest that, to change the inner looks of the company for the better lighting facilities and proper flooring. The labours should also be given continuous feedback regarding their work, whether positive or negative which can improve the level of their efficiency. Another suggestion is to avoid the job working, if the buys more machineries, it will make them more profitable.

CONCLUSION The organisational study in Josco helps me to know about what all are the various departments functioning in an organisation. Josco are producing good quality slippers of different styles and ranges for people to consume it. They perfectly match their slogan WALK WITH PRIDE AND HARD WORKING CHAPPALS FOR HARD WORKING FEET. Through my I analysed that all the departments in the company are functioning properly. Before I conclude I wish to convey my thankfulness in regard to training given to me in puducherry. It gave extreme practical knowledge of different activities carried out in each and every department. The kindness, attention and immense cooperation extend to me by all the officials in the company made my training easy and comfortable.

MY EXPERIENCE The study helped me to understand that how the company identifies the right taste of the consumers and how it became the leading brand in south India. I was also able to understand some of the opportunities and threats of the company. Being a student of MBA, the internship entitled An organizational study at josco polymers Pvt. Ltd. has benefited me with so much of confidence and awareness, so as to be capable of myself to work in a firm. The study gave me an opportunity to experience and improves my practical knowledge besides my theoretical knowledge about an organization.