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SV Knits Fashion
Thirupur
By Aleena Jaison T
85214210
An organization study is the way by which a
student can enhance his/her educational
knowledge with the perspective of an
organization with practical experience. This
study helped me to learn about the industry
and to learn the functioning of the various
departments in the industry. The main aim of
this organization study is to get an in depth
knowledge of S.V Knits Ltd, Thirupur and to
find out the problems faced by this
organization
 To obtain information about origin and functioning of the
organization
 To understand the organization structure.
 To understand the problems faced by the organization.
 S V Knit fashion is a WRAP Certified company
involved in the field of manufacturing of fashion quality
knitted garments.
 Professionally managed company engaged in the field of
manufacturing supply and exporting knitted garments.
 Designing , Sampling and Product development are the
core duties of company
 Services provided by the company are
• Quality assurance and timely shipment
• Online status tracking
• Progressive communication system
 Entered into the world of textiles in the year of 1996
 Export countries are:
• USA
• Canada
• Mexico
 Product varieties are:
Men’s wear ,Kid’s wear, Ladies wear
 Clients :
• Buffalo
• I Jeans
• Hello Kitty
 Partnership firm
 Production area =20000 sq.ft
 Production based on assembly line system
 Two manufacturing units
 To manufacture products comparable to
international standards, to be customer-
focused and globally competitive through
better quality, latest technology and
continuous innovation
To encourage people’s ownership,
empowerment and working under
team structure.
To attain highest level of efficiency,
integrity and honesty
MD
Merchandiser
Sampling
Head
Tailors
Stores
manager
Fabric stores
manager Trims
Assistant
Production
manager
Cutting
supervisor
Ironing &
packing
supervisor
Checking
supervisor
Sewing
supervisor
Assistant
Finance
manager
H.R
Jr.Q C
Quality
manager
Assistant
workers Tailors workers workers
Admin
 Merchandising
 Purchase
 Production
 Finance
 Admin
 Quality Assurance Department
Merchandiser
Sampling head
Tailors
Assistant
MD
 Marketing functions are managed by an external
agency, which have an office at the company itself.
 Merchandising is one of the important department in
the company.
Merchandising
2 Types of Merchandising:
Two type of merchandising done in this garment
exports
1. Marketing merchandising.
2. Product merchandising.
 Marketing Merchandising:
Main function of marketing
merchandising is
1. Product Development
2. Costing
Functions are to bring orders ,product development
and it has direct contact with the buyer.
 Product Merchandising:
Product merchandising is done in
the unit. This includes all the responsibilities from
sourcing to finishing i.e. first sample onwards, the
products merchandising work start and ends till
shipment.
Product Development
• Product Analysis
• Booking orders
• Confirming Deliveries
• Sampling
• Flow Monitoring
• Production Follow Up
• Internal & external communication,
•
Key responsibilities
• Accessories & trims
• Preparing internal order sheets
• Advising and assisting production,
• Advising quality department
about quality level
• Mediating production and quality
departments
• Giving shipping instructions and
following shipping
Sample: Reference garment corresponds to:
The art work (styling) done by designer
and/or developer
Particular purchase order.
Any revision to the style work.
Conform to any specific requirement.
Sequence of Sampling:
Salesman Sample( Proto Sample) → Fit Sample(Size Set) →Pre-
Production Sample → Production Sample
Purchase
Stores Manager
TrimsFabric store manager
Assistant
M.D
The main function of purchase department is to buy the
materials for the production. They have to keep records
regarding purchase of every products(both fabric and trims).
Fabrics are bought in roles( grey fabric) which is passed to
production department after checking.
 Three varieties of fabric are used for production
PURCHASE DEPARTMENT
Objectives
To ensure the accessories are in- house within time
To k
 eObjectives
To ensure the accessories are in- house within time
To keep an account of all materials that comes in and goes out.
To maintain uninterrupted flow of raw materials.
 Functions
Selection of suppliers
Negotiating contracts
Issue for purchase orders
Maintenance of purchase records
Follow up of purchase orders to delivery
Verification and passing for suppliers bills to see that payments are
made.p an account of all materials that comes in and goes out
To maintain uninterrupted flow of raw materials
Functions
Selection of suppliers
Negotiating contracts
Issue for purchase orders
Maintenance of purchase records
Production
Production
manager
Ironing & Packing
supervisor
Checking
supervisor
Sewing supervisor
Cutting
supervisor
workers Tailors workers workers
MD
The production department plays a major role in
the organization. Mainly the assembling process
takes place in the production cell. To produce high
quality products they chose well trained and
equipped workers. The department makes a
number of tests before dispatch.
Pegasus and Juki machines are used
Always producing 5% extra
Objectives of production department:
• Minimizing the cost of production and inputs
• Minimizing waste and re-using the waste
• Minimizing the idle time by maintaining preventive and
control quality of yarn
Functions
• Providing training to workers
• Reducing industrial accidents
• Effective use of automation
• Optimum utilization of machines and human resources
• Controlling waste and re-use of waste in
production unit
• Improving the volume of production with a specified
standard quality
Fabric
Dying
Printing Cutting
Sewing
Checking Ironing
Packing
 Fabric
Fabric is purchased from the supplier . Three
combinations are mainly used.100% cotton,85% cotton
& 15% polyster,98% cotton & 2% polyester
 Dying
Fabric dying- Dying process done before
production
Garment dying-Dying process done after
production
 Cutting
Lead cutting master will cut fabrics
according to the pattern prepared by pattern master ,
which is approved by sampling department and quality
department . Manual and Machine methods are used
 Sewing
Power table consist of piece rate workers and
company wages .German technology is used. Pegasus
and Juki machines are used for sewing
 Checking
Checking process consist of 1st checking, Final
checking, Trims
Checking process helps to identify various defects in
garments before final packing. Those having defects
are grouped separately and defects are corrected.
Trims checking is to identify whether all the
accessories are attached as per the requirements.
 Ironing and packing
Ironing process is done before packing. Special
machines are used for this process in order to
avoid damages. Ironing process are done by a
group of workers.
Packing is done after completing ironing process.
Two types of Packing are there:
 Solid packing- Single piece packed in a polybag.
Packing done as two fold and four fold
 Assortment Packing-Different size in a single
pack
Finance Manager
Assistant
M.D
 Finance is one of the important department. This
department manages financial activities of the company
like rising the capital loans etc.
 Initial capital was about 10 lakh each.
 In this the manager, maintains the garment
accounts. This garment transaction are collected and
stored by the accountant. Data and information are
stored in the computer. In this unit accounts section
are fully computerized.
 Tally package system is used for maintaining the
accounting information. This is maintained by well
equipped accounting staffs that is having sound
knowledge in computer environment. From this
accounts the required profit and loss accounts and
balance sheet and other financial information are
prepared with higher accuracy and reliability.
 • To know the financial position of the
company year after year
• To maintain the inflow and outflow of
the funds
• To have clear picture of working
capital requirement
• To take cost control techniques
• To maintain necessary liquid funds
• To monitor the budget and budgetary
control techniques
• To find out various cost involved in
each activity
• It estimates the financial requirements.
• It carries out proper cash management.
• It prepares and maintains journal books,
ledger accounts, profit and loss account and the
balance sheet every year
• It makes calculation and decisions regarding
the funds of the company
• It assesses the working capital requirement of
the company
Admin
Admin
H.R
 Human resource plays a vital role for the success
of the organization.
 Man power management is the most crucial job.
Human resource management will enhance the
performance of people at work
 There are 150 workers and 30 office staffs .
 Creating friendly environment for staff
 Strategic policy, planning and co-ordinating
 Establishing effective relationship between
the employer and employee
Duties
• HR helps the industry in legal way and cooperate
with the production people
• Implementation of the Acts and procedure as per
the management requirement
• Implementation of company systems and policies.
• Extending welfare measures to staff and works
• Work allocation
• Payroll, benefit and compensation management
 OFFICE TIME:
Time card is issued for each worker.
 SHIFT TIMING:
9.00 am-6.00pm
FACILITIES PROVIDED IN THE COMPANY:
There are some facilities in the factory. There are
 Transport facilities
 Medical facilities
 Canteen facilities
 Power facilities
 Water facilities
Quality assurance
manager
Jr.Quality controller
Quality Assurance
Department(QAD)
M.D
 Raw material and finished goods are analysed
by the quality controller .In the quality control
area the supervisor check quality of the
product. The supervisor analyses finished good
and if there is any defect or mistake in the
product it will be rejected.
 Also if the finished work is not given proper
output the design may vary. Hence this
department plays a very important role in
running the business of company.
 Proper inspections are conducted by the
buyer in order to promise the quality of
products. Random selection of products are
done before inspection. A team of people
come to the production unit and will conduct
inspection process. They will give comments
regarding the products and suggestions for
developments.
 All this process are carried under Q.A.D
Problem Study
Get the details of sales figures of
the past five years.Conduct a
regression analysis and project
future sales.
 To forecast future sales
 To determine whether company get profit or
loss in coming years.
 Regression analysis
The statistical tool with the
help of which we are in a position to estimate
(or predict) the unknown values of one
variable from known values of another variable
is called regression .
Year Sales( in Crores)
2010-2011 1.55
2011-2012 2.15
2012-2013 6.47
2013-2014 8.68
2014-2015 9.80
 The regression line of y on x is:
y-y = byx ( x-x)
By calculation the following equation is
derived.
Y=2.3x-1.17
 Forecasting is done for the next three years.
When x= 6
y= 2.3*6- 1.17
= 12.63
When x= 7
y= 2.3*7-1.17
= 14.93
 When x=8
y=2.3* 8-1.17
=17.24
Year Sales (crores)
2010-2011 1.55
2011-2012 2.15
2012-2013 6.47
2013-2014 8.68
2014-2015 9.80
2015-2016 12.63
2016-2017 14.93
2017-2018 17.23
0
2
4
6
8
10
12
14
16
18
20
0 2 4 6 8 10
Y-Values
Y-Values
 Sales forecasting has done for the coming
years
 It is found that sales is increasing.
Suggestions
 In order to maintain the above trend
,company have to give more attention in
merchandising as well as production aspects.
 Company is going to invest in building new
manufacturing unit. Since the sales is
increasing company can attain more sales
figures by utilizing the new unit properly
THANKYOU

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ORGANIZATION STUDY

  • 1. SV Knits Fashion Thirupur By Aleena Jaison T 85214210
  • 2. An organization study is the way by which a student can enhance his/her educational knowledge with the perspective of an organization with practical experience. This study helped me to learn about the industry and to learn the functioning of the various departments in the industry. The main aim of this organization study is to get an in depth knowledge of S.V Knits Ltd, Thirupur and to find out the problems faced by this organization
  • 3.  To obtain information about origin and functioning of the organization  To understand the organization structure.  To understand the problems faced by the organization.
  • 4.  S V Knit fashion is a WRAP Certified company involved in the field of manufacturing of fashion quality knitted garments.  Professionally managed company engaged in the field of manufacturing supply and exporting knitted garments.  Designing , Sampling and Product development are the core duties of company
  • 5.  Services provided by the company are • Quality assurance and timely shipment • Online status tracking • Progressive communication system  Entered into the world of textiles in the year of 1996  Export countries are: • USA • Canada • Mexico  Product varieties are: Men’s wear ,Kid’s wear, Ladies wear  Clients : • Buffalo • I Jeans • Hello Kitty
  • 6.  Partnership firm  Production area =20000 sq.ft  Production based on assembly line system  Two manufacturing units
  • 7.  To manufacture products comparable to international standards, to be customer- focused and globally competitive through better quality, latest technology and continuous innovation
  • 8. To encourage people’s ownership, empowerment and working under team structure. To attain highest level of efficiency, integrity and honesty
  • 9. MD Merchandiser Sampling Head Tailors Stores manager Fabric stores manager Trims Assistant Production manager Cutting supervisor Ironing & packing supervisor Checking supervisor Sewing supervisor Assistant Finance manager H.R Jr.Q C Quality manager Assistant workers Tailors workers workers Admin
  • 10.  Merchandising  Purchase  Production  Finance  Admin  Quality Assurance Department
  • 12.  Marketing functions are managed by an external agency, which have an office at the company itself.  Merchandising is one of the important department in the company. Merchandising 2 Types of Merchandising: Two type of merchandising done in this garment exports 1. Marketing merchandising. 2. Product merchandising.
  • 13.  Marketing Merchandising: Main function of marketing merchandising is 1. Product Development 2. Costing Functions are to bring orders ,product development and it has direct contact with the buyer.  Product Merchandising: Product merchandising is done in the unit. This includes all the responsibilities from sourcing to finishing i.e. first sample onwards, the products merchandising work start and ends till shipment.
  • 14. Product Development • Product Analysis • Booking orders • Confirming Deliveries • Sampling • Flow Monitoring • Production Follow Up • Internal & external communication, • Key responsibilities
  • 15. • Accessories & trims • Preparing internal order sheets • Advising and assisting production, • Advising quality department about quality level • Mediating production and quality departments • Giving shipping instructions and following shipping
  • 16. Sample: Reference garment corresponds to: The art work (styling) done by designer and/or developer Particular purchase order. Any revision to the style work. Conform to any specific requirement. Sequence of Sampling: Salesman Sample( Proto Sample) → Fit Sample(Size Set) →Pre- Production Sample → Production Sample
  • 18. The main function of purchase department is to buy the materials for the production. They have to keep records regarding purchase of every products(both fabric and trims). Fabrics are bought in roles( grey fabric) which is passed to production department after checking.  Three varieties of fabric are used for production PURCHASE DEPARTMENT
  • 19. Objectives To ensure the accessories are in- house within time To k  eObjectives To ensure the accessories are in- house within time To keep an account of all materials that comes in and goes out. To maintain uninterrupted flow of raw materials.  Functions Selection of suppliers Negotiating contracts Issue for purchase orders Maintenance of purchase records Follow up of purchase orders to delivery Verification and passing for suppliers bills to see that payments are made.p an account of all materials that comes in and goes out To maintain uninterrupted flow of raw materials Functions Selection of suppliers Negotiating contracts Issue for purchase orders Maintenance of purchase records
  • 20. Production Production manager Ironing & Packing supervisor Checking supervisor Sewing supervisor Cutting supervisor workers Tailors workers workers MD
  • 21. The production department plays a major role in the organization. Mainly the assembling process takes place in the production cell. To produce high quality products they chose well trained and equipped workers. The department makes a number of tests before dispatch. Pegasus and Juki machines are used Always producing 5% extra
  • 22. Objectives of production department: • Minimizing the cost of production and inputs • Minimizing waste and re-using the waste • Minimizing the idle time by maintaining preventive and control quality of yarn Functions • Providing training to workers • Reducing industrial accidents • Effective use of automation • Optimum utilization of machines and human resources • Controlling waste and re-use of waste in production unit • Improving the volume of production with a specified standard quality
  • 24.  Fabric Fabric is purchased from the supplier . Three combinations are mainly used.100% cotton,85% cotton & 15% polyster,98% cotton & 2% polyester  Dying Fabric dying- Dying process done before production Garment dying-Dying process done after production  Cutting Lead cutting master will cut fabrics according to the pattern prepared by pattern master , which is approved by sampling department and quality department . Manual and Machine methods are used
  • 25.  Sewing Power table consist of piece rate workers and company wages .German technology is used. Pegasus and Juki machines are used for sewing  Checking Checking process consist of 1st checking, Final checking, Trims Checking process helps to identify various defects in garments before final packing. Those having defects are grouped separately and defects are corrected. Trims checking is to identify whether all the accessories are attached as per the requirements.
  • 26.  Ironing and packing Ironing process is done before packing. Special machines are used for this process in order to avoid damages. Ironing process are done by a group of workers. Packing is done after completing ironing process. Two types of Packing are there:  Solid packing- Single piece packed in a polybag. Packing done as two fold and four fold  Assortment Packing-Different size in a single pack
  • 28.  Finance is one of the important department. This department manages financial activities of the company like rising the capital loans etc.  Initial capital was about 10 lakh each.  In this the manager, maintains the garment accounts. This garment transaction are collected and stored by the accountant. Data and information are stored in the computer. In this unit accounts section are fully computerized.  Tally package system is used for maintaining the accounting information. This is maintained by well equipped accounting staffs that is having sound knowledge in computer environment. From this accounts the required profit and loss accounts and balance sheet and other financial information are prepared with higher accuracy and reliability.
  • 29.  • To know the financial position of the company year after year • To maintain the inflow and outflow of the funds • To have clear picture of working capital requirement • To take cost control techniques • To maintain necessary liquid funds • To monitor the budget and budgetary control techniques • To find out various cost involved in each activity
  • 30. • It estimates the financial requirements. • It carries out proper cash management. • It prepares and maintains journal books, ledger accounts, profit and loss account and the balance sheet every year • It makes calculation and decisions regarding the funds of the company • It assesses the working capital requirement of the company
  • 32.  Human resource plays a vital role for the success of the organization.  Man power management is the most crucial job. Human resource management will enhance the performance of people at work  There are 150 workers and 30 office staffs .
  • 33.  Creating friendly environment for staff  Strategic policy, planning and co-ordinating  Establishing effective relationship between the employer and employee Duties • HR helps the industry in legal way and cooperate with the production people • Implementation of the Acts and procedure as per the management requirement • Implementation of company systems and policies. • Extending welfare measures to staff and works • Work allocation • Payroll, benefit and compensation management
  • 34.  OFFICE TIME: Time card is issued for each worker.  SHIFT TIMING: 9.00 am-6.00pm
  • 35. FACILITIES PROVIDED IN THE COMPANY: There are some facilities in the factory. There are  Transport facilities  Medical facilities  Canteen facilities  Power facilities  Water facilities
  • 37.  Raw material and finished goods are analysed by the quality controller .In the quality control area the supervisor check quality of the product. The supervisor analyses finished good and if there is any defect or mistake in the product it will be rejected.  Also if the finished work is not given proper output the design may vary. Hence this department plays a very important role in running the business of company.
  • 38.  Proper inspections are conducted by the buyer in order to promise the quality of products. Random selection of products are done before inspection. A team of people come to the production unit and will conduct inspection process. They will give comments regarding the products and suggestions for developments.  All this process are carried under Q.A.D
  • 39. Problem Study Get the details of sales figures of the past five years.Conduct a regression analysis and project future sales.
  • 40.  To forecast future sales  To determine whether company get profit or loss in coming years.
  • 41.  Regression analysis The statistical tool with the help of which we are in a position to estimate (or predict) the unknown values of one variable from known values of another variable is called regression .
  • 42. Year Sales( in Crores) 2010-2011 1.55 2011-2012 2.15 2012-2013 6.47 2013-2014 8.68 2014-2015 9.80
  • 43.  The regression line of y on x is: y-y = byx ( x-x) By calculation the following equation is derived. Y=2.3x-1.17
  • 44.  Forecasting is done for the next three years. When x= 6 y= 2.3*6- 1.17 = 12.63 When x= 7 y= 2.3*7-1.17 = 14.93
  • 45.  When x=8 y=2.3* 8-1.17 =17.24
  • 46. Year Sales (crores) 2010-2011 1.55 2011-2012 2.15 2012-2013 6.47 2013-2014 8.68 2014-2015 9.80 2015-2016 12.63 2016-2017 14.93 2017-2018 17.23
  • 47. 0 2 4 6 8 10 12 14 16 18 20 0 2 4 6 8 10 Y-Values Y-Values
  • 48.  Sales forecasting has done for the coming years  It is found that sales is increasing. Suggestions  In order to maintain the above trend ,company have to give more attention in merchandising as well as production aspects.  Company is going to invest in building new manufacturing unit. Since the sales is increasing company can attain more sales figures by utilizing the new unit properly