Report On Anbu Foods Private Limited
Report On Anbu Foods Private Limited
Report On Anbu Foods Private Limited
MADURAI
Submitted in partial fulfillment of the requirement for the award of the degree of Master of
Business Administration of Madurai Kamaraj University
By
This is to certify that the “Live Project Report on Anbu Foods private limited ,Madurai “is a
bonafide record of work done by R.Logeshwari (Reg No.2018MBA28), submitted in partial
fulfillment of the requirement for the award of the degree of Master of Business Administration
of Madurai Kamaraj University.
Dr.L.MEENA Dr.P.SHYAMALA
Mr. RAJU
COMPANY CERTIFICATE
DECLARATION
I hereby declare that the live project done under the ANBU FOODS
PRIVATE LIMITED, MADURAI” submitted for the award of the degree of Master of Business
Administration is our original work and that no part of this report has been submitted fully or
partly for any other recognition earlier.
(R.LOGESHWARI)
First and foremost, I would like to thank God almighty whose blessings made us to complete the
training successfully.
It is a great pleasure to acknowledge my sincere thanks to Dr. Sr. G. Celine Sahaya Mary,
Principal, Fatima College, Madurai.
I also thank Dr.P.SHYAMALA, M.B.A, Ph.D., PGDCA, SET, NET, Head of the Department of
Management Studies for their assistance and guidance.
I also wish to thank my project guide Dr. L. MEENA, M.B.A., M.Phil., Ph.D., NET, SET., for
her valuable support throughout the period.
We express our special thanks to Mr.K.Sampath, Manager, Anbu Foods Private limited for
giving me permission to carry out this live project at their esteemed organization.
I wish to express my gratitude to all the staff members in the Department of Management Studies
for their encouragement for completing this training.
Finally, I thank my teachers, respondents, friends and parents who helped us in completing my
live project successfully.
CONTENT
1. INTRODUCTION
2. INDUSTRY PROFILE
3. COMPANY PROFILE
PRODUCTION DEPARTMENT
4. PRODUCTION SYSTEM
5. LAYOUT
6. LOCATION
7. INVENTORY MANAGEMENT
8. TQM CONCEPT-5S
MARKETING DEPARTMENT
FINANCIAL DEPARTMENT
SUGGESTION
CONCLUSION
BIBLIOGRAPHY
CHAPTER - 1
INDUSTRY PROFILE
India’s modern dairy sector has expanded rapidly. India is recognized as a biggest and fastest
growing market in the world for milk and milk products. India's dairy Market is multi-layered.
It's shaped like a pyramid with the base made up of a vast market for sweets. The bulk of the
demand for sweet is among the rural areas whose requirement is large.
India’s dairy sector is expected to triple its production in the next 10 years in
view of expanding potential for export to Europe and the West; so all the countries are looking at
Indian dairy industry markets for exports. As per GATT agreement the export subsidy is
reduced. Because of this India is expecting major changes in dairy industry of North America,
Europe and Australia. It may also get some advantage in this situation. After reduction in
subsidies given by other countries India would be able to compete with their products efficiently
on price in international markets. At present India has a negligible export to international
markets.
Both public and private sector have contributed to the dairy industry growth in India.
Government dairy distributes 90% of its milk in sachets or in containers while remaining 10% is
marketed as butter, ghee and sweets etc. On contrary, private sector only markets 20% of milk
and remaining 80% of milk is made into preparations suitable for exports. Though India is No. 1
in milk production, it is unfortunate that we are importing milk products from other countries.
Since we do not have good technology for production of skim milk powder we are forced to
import them from Europe and New Zealand.
COMPANY PROFILE
Anbu Foods private limited was corporate on 30/01/2013 for the production of palkova
later they also started to produce sweet candy and jelly on 15/08/2014.
The founder and chairman of the company is Mr. K. Sampath. The annual
turnover cross about 80 lakhs and above. There about 50 more labor working among them about
10% of labor skilled workers and 25% are semi-skilled labor about 5% of people carry the
responsibility of their shoulders of administrative work about 35% of people working lower
level. They charged Rs. 40 for skilled workers and Rs. 35 for semi-skilled workers and Rs.25 for
lower level people.
They purchased machine above Rs. 5 lakhs which included of fitting charge. In the
beginning they were started on industry and they are developing there more additional sister
concerns (start with single control). Initially the company bought the entire machine from India.
Workers receive free medical care, subsidized lunch and tea in a new canteen,
annual excursions and functions and a safe and pleasant working environment. Good wages
mean that workers can afford good homes, education for their children and are able to save
money for the future.
VISION:
MISSION:
Attain leadership in sweet producers.
Managing Director
Accountant Sales
Representatives
WORKERS
There are Major departments and they are spitted into two ways,
They are,
Service sector
Non-service sector
Service sector:
Service sector also known as territory sector includes all branches of human activity which core
is o provides services, thus providing a work, knowledge, financial resources, infrastructure,
goods or their combinations departments like,
Non-service sector:
Non-service sector would include assembly line workers or former. The non service
sector involves departments like,
Production departments
Lab department
Testing department
PURCHASE DEPARTMENT:
The main objective of this department is to purchase material requires for production.
The purchase are made when their intent are forwards from the stores material are bought
according to the required of the consumption.
Functions:
The function of quality control department is to control. The quality output of every
department. The control department takes samples output from all the department and tests them
finds out the quall suppose the actual quality is not on par with the fixed standards. The
department takes corrective step to get the desired quality.
RAW MATERIALS:
The process is designed for producing tasty sweet. The company produces the
proposition of various grades of palkova and a perfect jelly sweet.
Milk
Kova
Sugar
Raw material for jelly,
Sugar
Fruit pulp
Glucose
Color essence
The company’s Marketing Department gives the yearly sales budget in beginning of
every year indicating the tentative production programmers for every month for the coming
financial year. This sales budget is prepared based on carrier’s year’s sales and market
condition. Once the sales budget is received from the marketing department the budget is
scrutinized by the production. People and they give the furnish for each and every produced
sweets. Once the furnish is finalized, raw material department works our total grade wise raw
material required based on the furnish and the sales budget given by the production and
marketing department respectively. This grade wise raw material requirement will indicate
monthly raw material required.
As stated above monthly raw material requirement is planned on yearly based on this
raw material requirement is planned on yearly based on this raw material requirement planning
month wise procurement is done.
QUALITY CONTROL:
All the products are thoroughly tested with the simulating operating conditions
before delivery for production. Tested by the latest equipment and recorded with all the relative
data, the products are proved that all the construction and mechanism can by well operated.
All the documents of products such as the raw materials for Milk kova making products
together with the spares as whole complete package, which makes sure all reference dates are
collected and delivered to our customers as production guidance.
Quality Control is process by which entities review the quality of all factors involved in
production. This approach places an emphasis on three aspects:
Total Quality Control is the most important inspection control of all in cases
where, despite statistical quality control techniques or quality improvements implemented, sales
decrease. If the original specification does not reflect the correct quality requirements, quality
cannot be inspected or manufactured into the product. For instance, the parameters for a pressure
vessel should include not only the material and dimensions, but also operating, environmental,
safety, reliability and maintainability requirements.
Casting quality:
Dimensional inspection is carried out as per inspection plan using sophisticated testing
equipment.
CHAPTER - 2
PRODUCTION DEPARTMENT
Production is the process of converting raw materials into finished goods. The
production process begins with the product design and material specification form which the
product is made. These materials are modified through manufacturing processes to become the
required part.
PRODUCTION SYSTEM:
If know the working concern clearly, then first know the manufacturing process of the concern.
So collect what material should be used in production department, requirements of raw material,
machines used products i.e., oil screws, etc., and another materials and another type of
ingredients are used.
PRODUCTION MACHINES:
BOILING MACHINES:-
HEATING PROCESS:
Kova and milk are taken in to the boiler machine. Then with a fine
temperature heating process is started. Most importantly timing should be maintained for proper
output. While heating the products essential flavor outcomes with fine taste.
GRINDING MACHINE:-
GRINDING PROCESS:
After heating take out the mixed kova and milk. Put it in the grinding machine with
sugar. Sugar level should be increased after the fusion of kova with milk well. While grinding
the kova outcomes with smelly and milk gives a softness with rich taste.
SLICING MACHINE:-
SLICING PROCESS:
After grinding the next process is slicing which is a smart work using a slicing
machine. This gives the final shape for the palkova. The shape can be in either circle or square.
But we prefer circle shape.
PACKING MACHINE:
PACKING PROCESS:
This is the presentation section which portrays attractive packing that are done for
our company product. We use only machines to pack our product which gives a good hygienic
result. Our packing section is most efficient and the process goes rapidly. We have perfect
packaging which never leads to damages.
JELLY PRODUCTION:
Jellies are prepared from fruit juice only, with no fruit pulp present in the product.
Preserves are similar to jams, but generally contain large chunks or whole pieces of fruit.
SWEETNESS:-
Thickened fruit spreads with just fruit and Sucralose can be made, however,
but may not have enough water control for proper room-temperature preservation. It is
recommended that products made with Sucralose be frozen or refrigerated for storage.
Cooking process:-
Batch production:
For the batch production of jelly products the pectin is mixed with ten times
the amount of powdered recipe components. Usually a part of the sugar required in the
formulation is used for this purpose. If buffered pectin’s are used, it will not be necessary to add
retarding agents. With non-buffered pectin’s the buffer component should be added to the pectin-
sugarmix.It is important that the pectin is distributed homogeneously in the sugar in order to
prevent lumping when it is added to the product mix.
When sugar syrups or fruit juice concentrates are used, the pectin may also
be suspended in ten times the amount of sugar syrup or fruit juice while being slowly stirred. In
this case, however, it must be ensured that the soluble solids content in these solutions is not less
than 60%, as otherwise the pectin might form lumps in the syrup and thus be prevented from
dissolving completely. The further processing of both pre-mixture is based on the same principle.
The recipe ingredients water, fruit juice or fruit pulp are poured into the vat and
the pre-mixture is then added while the mixture is being stirred. A separation should be
prevented when using a pectin-sugar mixture.
The mixture is heated to boiling point and kept boiling until the pectin is
completely dissolved. Then the remaining sugar is added. The preparation is boiled until the
desired soluble solids content, which is usually 77-80%, is reached.
The mixture is cooled to approx. 95°C, and the colorants, flavors’ and acid are added. Then
the preparation is deposited quickly. Following the addition of acid, after a certain time
dissociation equilibrium is established between the added buffer salts and the edible acid.
Continuous production:
As in batch production it is advisable to add the buffer substances for extending the setting time
to the pectin solution. Depending on the Classic Pectin type used and the available dissolving
equipment, solutions with up to 10% pectin may be produced.
The addition of acid, colorants and flavors follows in the depositing machine,
preferably continuously by means of static mixers. Then the product is transported to the dosage
pump.
Depositing process:
Moulding starch as well as metal or rubber moulds may be used for this
purpose. The moulding in starch takes place in a so called mogul plant. In a mogul plant starch
trays are filled with starch powder and the desired jelly shape is pressed into the powder with a
stamp. This procedure provides a maximum of flexibility. Important in this depositing procedure
is the optimal conditioning and the age of the starch used. A good compactness of the starch, for
example, guarantees an accurate and clearly outlined imprint of the stamp. The hot preparation
is deposited into the moulds.
When depositing in mogul plants, post-drying is performed with the conditioned starch
and the drying chambers. This can reduce the soluble solids during depositing and enhance the
cast ability. After the gestation process the jelly products are again separated from the starch.
To prevent a sticky surface on the jelly products, these are coated or dusted with sugar or
covered with chocolate or oil.
LAYOUT:
Madurai-625016
INVENTORY MANAGEMENT:
In Anbu Foods Private limited they adapt inventories to keep the goods (for both raw materials
and finished goods) in a proper manner.
5S concept:
Sort
Set locations
Shine and sweep
Standardizing
Sustain
Sort:
Sorting includes sorting unnecessary items and eliminating excess waste, which includes
useless or redundant items.
Set Locations:
It is establishing locations for everything in the plant. In this concept, the processor will arrange
tools, equipment, ingredients and other materials with clear and defined markings so they will be
easy to find. In company follow the signage, racking, shadow boxes or painting marks on the
floor.
It is more than just cleaning, it includes keeping the facility clean, maintaining equipment
properly and established schedules.
Standardizing:
It is simple, there are cleaning and maintenance schedules, standards that the persons
responsible for managing the different areas.
Sustain:
Is to make the work environment safer and more efficient. When everything has a place and is
returned to that place. It is where top management needs to be involved.
HUMAN RESOURCE MANAGEMENT
After getting approval HR Department makes all the logistics arrangement to collect the
a) Advertisement
b) Personal Reference
c) Placement Consultants
d) Walk in Interview
e) Direct Resumes.
PERFORMANCE APPRAISAL:
. At ANBU FOODS PRIVATE LIMITED, we fundamentally believe in
fostering and promoting a performance base culture. To this end, we have a Performance
Appraisal System that tracks each “staff level and above” employee's performance on a quarterly
and yearly basis. The performance appraisal system allows the company to focus on achieving
targets and company objectives through individual performance. It creates a forum for dialogue
between managers and their direct reports to recognize foster and applaud performance and
additionally provide an employee with constructive feedback on the areas that they need to
strengthen. In a concern top management people evaluate the performance in well manner its
helps to promote and demote the employees.
Performance and meeting targets is not just about getting the job done, but also
about how to get the job done. To this end, ANBU FOODS focuses on a set of qualities within
the company which have been defined and reflected in the Performance Appraisal System as:
Excellence
Leadership
Goal Obsession
Integrity
Appraisal:
Targets are fixed in the Starting of the Financial years for result
Targets are reviewed once in six months
Evaluation is also done for behavior part.
Training is the act of increasing the knowledge and skill of an employee for doing a
particular job or to perform the task effectively and efficiently. Training improves changes and
moulds the employee’s knowledge and skill behavior and aptitude and attitude towards the
requirements of the job and the organization.
For Executives:
Training needs identification
Pre training discussions
Training feedback forms
Post training discussion
Training evaluations
For Operators:
Skill level identification
Skill mapping
Training &Multi skilling
Job Rotation
Other practices:
Position description for all levels
Car allowance, Furniture allowance, Magazine allowance etc. for Senior managers
Intranet- to become paperless office.
METHODS OF TRAINING:
Training is process of learning a sequence, of programmed behavior. It
is the application of knowledge and gives people an awareness of rules and procedures to guide
their behavior. It helps in bringing about positive change in the knowledge skills & attitudes of
employees.
A worker gets trained by watching a more experienced worker while performing the job.
It is common for unskilled and semi-skilled jobs.
Coaching
Job Rotation
Off the job training
Lectures/Conferences
Films
Simulation Exercise
SALARY PAYMENT:
The salary has to be disbursed for all the employees on 5 of the next month.
The provisions of the factories (1948) will be followed in all respects.
The employees will be provided with a Salary slip for their reference.
BONUS:
LEAVE PROCEDURE:
To inform all employees of the company, regarding. The current rules on the types of
leave and their eligibility. Administration and Accounting of leave. Guidelines for applicants,
Granting Authorities and admin authorities. The Leave rules are subject to change from time to
time, In accordance with the Company’s business objectives.
Leave Types:
Annual Leave
Sick leave
Compensatory Off
Emergency leave
National & Festival Holidays
Annual Leave:
3. During annual leave holidays and week off days will not be counted.
Sick Leave:
1. To provide rest
6. If uninformed .absent
Compensatory Leave:
Emergency Leave:
1. To neutralize the loss due to unfortunate situation after using his eligible
Leave
WORKING DAYS
DISCIPLINARY ACTIONS:
EMPLOYEES WELFARE:
Social security
Welfare schemes
HR records
MARKETING DEPARTMENT
PRODUCT MIX:
Product mix is a Group of products under a single brand sold by the same company. Anbu foods
produce a variety of product like Palkova, Sweet Candy, and Jelly.
MARKETING MIX:
They fix affordable price for the product and promote their product in the right place. In Madurai
branch only doing production
4Ps MARKETING MIX :
Product
Price
Place
Promotion
PRODUCT:
In common word ‘PRODUCT’ is used to refer only to the physical or tangible attributes
of a product.
In marketing, product is a mixture of tangible and intangible attributes, which are capable
of being exchanged for a value, with ability to satisfy customer needs.
Milk Kova
Jelly
Sweet Candy
Company invests a lot of money in research and development and tries to bring up new product
for different customers segments. There are a lot of competitors that offer similar offering to
customer’s bus it’s the vast variety of products that company has to offer that allows it to have a
sustainable competitive advantage over its competitors.
PRICE:
Company uses a combination of competitive and low cost pricing for its marketing mix.
Company was started with a vision to provide the best quality products at economical prices.
The company follows low price strategy where they offer these products at a lower cost than
their competitors.
Pricing of different products is set keeping in mind different factors that are involved in its
production like Raw materials cost, Labor cost, Transportation cost etc.
PLACE:
Place plays an important role in the Marketing mix. The company works on the model of
economies of scale where the products is produced in masses and then broken down into a single
unit for each customer.
The placement strategy of Milk Kova is to sell the Jelly, milk kova at every corner shop
superstores. It is the mission statements of Company to provide Milk kova, Jelly to all type and
class of customers.
PROMOTION:
The purpose of promotion is to communicate directly with potential and actual consumers.
Promotion is an important element of marketing mix because if it is not well planned then
company is unable to increase in sales. The company Gives discounts on different occasions.
To inspire the child to purchase the Milk kova, Jelly and sweet candy the company
made such types of ads. To inspire the all types of customers who want to eat sweet.
Research and Development:
Development
Technical
Development:
To develop the quality of the products and rectify the problem during processing. The
company develop the products is
Sweet Candy
Jelly.
Technical:
MANAGER
RESEARCH TEAM
OFFICER
INCOMING RAW MATERIAL TESTING:
The raw materials testing are tested in the laboratory.
They tested all ingredients like kova, sugar, milk and other materials.
DISTRIBUTION CHANNELS:
Distribution refers to the steps taken to move and store goods from the supplier stage to a
customer stage in supply chain. Distribution itself is the most significant part and driver of the
overall profitability of the company because it influences the cost of supply chain and also the
customer experience. It also creates time and place utility. They transfer or depot all stock from
their factories to distribution and then from distribution, their goods transfer to wholesalers and
then to retailers and then directly delivers to customers.
PROMOTIONAL TOOLS:
Promotional mix consists of all the promotional tools a company might use so to communicate
their target market about their offering. They include electronic media, print media, social media,
direct marketing, personal selling, public relations etc.
They had promoted their product through printed ads as well as through social media as well.
The reason being the product is meant for the whole of the family and it was targeted for the
mass market, so it was promoted using various channels so that the message reaches in wider
terms.
SWOT ANALYSIS
STRENGTH:
WEAKNESS:
OPPORTUNITIES:
THREATS:
Finance and accounts department is the heart of the company. This department has
overall responsibility for financial management. All purchase and sales activities are concerned
with the accounts department. Finance and accounts department deal with recording, calcifying,
summarizing, preparing and interpreting financial information. Computers are made vast use off
here. There are keeping contacts with more than four banks. The accounts department is
computerized. All the books of accounts are maintained in computers.
Finance in the modern money oriented economy finance is one of the basic
foundations for all activities of business. Finance is the life blood of any business and
proper management and administration of finance becomes necessary for every industry,
irrespective of the nature of the business and the type of the industry, management of
finance in an organization particularly in a business firm is confronted with issues and
decisions, which have implication. It is a detailed inquiry into financial data to evaluate
concern’s performance future risks and potential it attempts to determine the meaning of
business information as depicted by financial statements. So that the forecast may be made of
the prospects for future earnings ability to pay interest and department maturities and
profitability of a sound dividend policy.
OBJECTIVE:
SOURCE OF FUNDS:
On-time payments of sales tax, income tax, exercise duty, service tax, profitable fund,
Employee state insurance to the concerned authorities.
Timeliness:
Ensure timely assistance in preparation of tax, audit, income tax and sales tax, hearing
reports.
Organizational initiatives.
Register of investments.
Register of contracts.
Purchase book.
Sales book.
It is responsibility for preparation of cash flows and monitoring the inflow and outflow of
cash.
It also prepares financial budgets in line with the annual business plan.
It is also adopting interest management plan to reduce interest cost by proper source of
finance.
Management accounting.
Budget planning and analysis.
Discovering source of funds.
To maintain good relationship between bankers and creditors.
Monitoring and controlling cash flows.
To handle banking transactions.
To do internal and external audit.
To control expenses and to maintain records.
To collect payment from customers.
To regularly check overheads. \
Depreciation
Interest
Accounts payable
Fixed assets
Loan and advances
Investments
There are a wide variety of financial statements generate with the most common ones being a
balance sheet and an income statement. This each takes a different view on what is essentially
the same information.
The income statement (also called a profit and loss statement) simply shows income and
expenses for a given time period. It gives a picture of making money or losing money over that
time interval.
The Balance Sheet looks at the bigger picture of business comparing all assets to all
liabilities. It tells if closed the business and sold everything today, how much money would have
owed. The reason this is called a Balance Sheet is that Assets need to balance (equal) the
Liabilities. The amount would have if everything were liquidated today is called Net Worth and
is listed under Liabilities. If have more Liabilities than Assets, the Net Worth is negative.
Here are some other financial statements that are useful to have:
Operating Budget:
A budget projects sales and expenses for each month of a year to estimate
the flow of cash. This helps you predict times that you may have cash shortfalls
and prepare for them. It also allows you to compare over the year how you are
This may be one of the most critical and least understood documents you
can prepare. Some of the information that can be gained from this statement is:
Are the operating activities generating cash? It is not critical if they are not, but it is a
good sign if they are.
Which working capital components have large uses of cash? What might be happening to
cause this? This helps you understand how the cash got used.
How much cash is provided for or used in investing activities? Compare this year's
capital expenditures to last year's capital expenditures. Were there any significant
increases or decreases? A reduction in capital expenditures may indicate a cash flow
problem.
What cash is provided by or used in financing activities? It will indicate if you are using
more debt or have paid down your credit line in the past year. It will also tell you if there
were other unusual financing activities which were not highlighted elsewhere in the
analysis.
business are functioning. If there are problems, they help locate what is causing
the problems. The ratios give a deeper look into specific parts of business so that
A statement indicating all cash flows for a given period of time. It shows
the origin of all cash inflows; for example, it may differentiate revenue from sales
and revenue from investments. The statement does the same for all cash outflows.
A sources and applications of funds statement show how well or how poorly a
company uses its resources. It is more commonly called a cash flows statement.
Customer information:
Internal customers
All departments in Anbu Foods
External customers.
Auditors
Stock holders
Public
MANGEMENT INFORMATION SYSTEM
APPLICATION OF MIS:
MANUFACTURING MIS:
Manufacturing is one of the areas where information systems have made a major impact. A
typical manufacturing MIS is used to monitor the flow of materials and products throughout the
organization. In a manufacturing process, raw materials or parts are transformed to finished
products, and a manufacturing MIS is used at every stage.
FINANCIAL MIS:
A Financial MIS provides financial information for managers to make daily decisions on
operations within the organization. These includes system to analyses revenues, cost and
profits, auditing system for both internal and external purposes and system to manage funds.
A financial MIS can also be used to prepare reports for third parties, such as external auditors or
share holders.
MARKETING MIS:
A Marketing MIS supports activities throughout the many activities of marketing departments.
Some of the typical subsystem of a marketing management MIS are marketing research,
product development and delivery, promotion and advertising, product pricing and sales
analysis. One of the most common uses of a marketing MIS is to produce sales report. These are
typically produced on a regular schedule, such as by week, month and quarter.
HR MIS:
SUGGESTION:
All the individual departments are perfect and perform their best to take the
management towards the peak of success.
BIBLIOGRAPHY
Aswathappa.k, Human Resource Management: Text and cases--6th edition. New Delhi: Tata
Mc-Graw Hill Pvt Ltd., 2010.
Gupta, Shashi k., Financial Management: Theory and Practices--4th edition. Kolkata: Kalyani
Publishers, 2009.
Philip Kotler, Marketing Management: Text and cases--14th edition. Published by Pearson
Education in south asia.
Jawadekar W.S., Management Information System--New Delhi. Tata McGraw Hill 1998.