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
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
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
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