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LIST OF CONTENTS
CHAPTER
NO
TABLE OF CONTENTS PAGE
NO
List of tables i
List of chart ii
Abstract iii
Chapter-1 INTRODUCTION
1.1 Introduction 1
1.2 Industry profile
1.3 Company profile
1.4 Objective of the study
1.5 Need for the study
1.6 Scope of the study
Chapter-2 MAIN THEME OF THE STUDY
2.1 Review of literature
2.2 Research Methodology
2.3 Limitations of the study
Chapter-3 ANALYSIS AND INTERPRETATION
Analysis and interpretation
Chapter-4 FINDINGS, SUGGESTIONS & CONCLUSION
4.1 Findings of the study
4.2 Suggestions
4.3 Conclusions
BIBILIOGRAPHY
ANNEXURE
1
LIST OF TABLES
TABLE NO TITLE OF TABLE PAGE NO3.1.1
i
2
LIST OF CHARTS
CHART NO TITLE OF CHARTS PAGE NO3.1.1
3
4
CHAPTER –I
INTRODUCTION OF THE STUDY
Chapter - I
1.1 INTRODUCTION
Inventories constitute the most significant part of current asset of a large majority
of companies. On an average invigorates are approximately 60% of current assets. More
over the cost of inventory is nearly two third of total cost of production. Because of large
number of inventories maintained by the firms. A considerable amount of funds is
required to be committed to them. It is therefore absolutely imperative to manage
inventories efficiently and effectively in ordered to avoid unnecessary investment.
The organization faces a situation of excess in level of inventor resulting in
increasing inventory cost. An undertaking neglecting the management of inventories will
be jeopardizing its long term profitability.
The excess level if inventories consume funds of the firm which cannot be used
for another purpose and thus it involves opportunity cost. The carrying cost such as cost
5
of storage, handling, insurance, recording and inspection also increase in proportion to
the volume of inventory. These costs will unfair the firms profitability further excessive
inventories called over long period decrease chives of liquidity. There may not be
possible to sell inventories in time and at full value.
Raw materials are difficult to sell as the holding period increases; there are
exceptional circumstances where it may pay to the company to hold stock of raw
materials, this possible under conditions of inflation and scarcity work in progress far
mote difficult to sell. Similarly difficulties may be faced to dispose of inventories while
in storage due to time of mishandling.
The objectives of the organization are to minimize the cost of inventory.
Therefore the size at a point of time and the various factors contributing towards it are
assuming lots of importance. It is in this contest “inventory control technique control
reference to ICF” is undertaken as it is a known fact that inventory management is “the
least gold mine” for managers.
1.4 OBJECTIVE OF THE STUDY To classify the material based on ABC analysis.
To minimize the investment in inventory.
To check the classification of items are proper in the company.
To check the stock movement.
To review the existing practices that is followed by ICF in the area of
inventory.
To find out the non-moving items in the stores.
To study inventory control technique practiced in ICF.
6
1.5 NEED FOR THE STUDY Inventories are assets of the company and require investment; therefore the
company should have a control towards investment in inventories.
The inventories need not be viewed as idle assets rather these are an internal part
of firm’s operations.
But the question usually arises as how much inventories the company should
maintain? If the inventories list is too big, they become a strain on the resources
however, if they said list is too small, the production or the distribution schedule of
the company is affected. Therefore the company must have an optimum level of
inventories.
7
The basic financial problem is to determine the proper level of investment in the
inventories and to decide how much inventory must be acquired during each
period to maintain that level. The inventory may include raw material, work in
progress and finished goods.
1.6 SCOPE OF THE STUDY
The study deals with the analysis and control of the inventory.
The study is made to analysis the financial implication on inventory rejected
items, non moving items and excess inventory constituted idle inventory stock
recumbent memo items.
8
CHAPTER – II
MAIN THEME OF THE STUDY
9
2. MAIN THEME OF THE STUDY
2.1 REVIEW OF LITERATUREInventories are goods held for eventual sale by a firm. Inventories are thus one of
the major elements, which help the firm in obtaining the desired level of the sales.
Inventories refer to stocks raw materials, components, spares or work in progress
maintained in an organization to have continuous production and sales.
Inventory management is one of the components of working capital management.
It involves the process of providing continuous flow of raw materials to production
department. More than 60% of the working capital will normally be invested in the
inventory. There can be disadvantage in holding either too much or too little inventory.
Therefore inventory management is primarily concerned with obtaining a correct balance
between two extremes.
Decisions relating to inventories are taken primarily by executives in production,
purchase and marketing departments. Usually raw materials polices are shaped by
purchasing and marketing executives. Yet as inventory management has important
financial implication the financial manager has the responsibility to ensure that
inventories are properly monitored and controlled.
10
2.1.2 TYPES OF INVENTORIES:The three main types of inventories are,
Raw materials
Work in progress
Finished goods
RAW MATERIALS:Raw materials are an unprocessed natural substance or product used in
manufacturing process and that are converted by a manufacturer into a finished product.
There are the goods which have not yet been committed to production in manufacturing
firm. They consist of raw materials or finished components. They are the resources
purchased as inputs to the transformation process that have not yet been transformed.
Materials suitable for manufacturing or use or finishing are raw materials.
WORK-IN-PROGRESS:Work in progress also called stock in progress refers to goods in the intermediate
stages of production. This includes those materials which have not yet been complete. It
refers to the raw materials engaged in various phases of production scheduled. The
degree of completion may be varying for units. Some units might have been just
introduced and some others may be 40% complete of there may be 90% complete. The
work in progress refers to partially produced goods. The value of work in progress refers
to raw materials cost, direct wages and expenses already inputted and the overhead if any,
so work in progress inventory contains partially produced completed goods. The purposes
of work in progress inventory I stop uncouple the various operations in the production
process so that machine failure and stoppage in one operation will not affect other
operations.
FINISHED GOODS:Inventory that is in a saleable of shippable from based upon its location within the
supply chain. Finished goods are complete products awaiting sale. They are the final
output of the production process in manufacturing firm. An item considered as finished
goods in a supplying plant might be considered a component or raw material in a
receiving plant. Commodities that will not undergo further processing and ready for sale
to the final customers are generally referred to as merchandise inventory.11
2.1.3 INVENTORY REVIEW SYSTEMS: In most of the realistic inventory situations, certainty does not exist. Both
Usage and lead time fluctuate and can’t be predicted demand or usage of items can
be greater of lesser than anticipated due to external and internal factors. If these
are no inventory of items when required due to any reason a stock out situation
occurs. This situation can lead to a decrease in profits and some times even losses.
As a result a class of inventory systems has been developed to cope with the
situations where the Demand or the lead-time or both fluctuate.
Perpetual Review Systems- under this system the recorder quantity
is fixed At the EOQ level but the frequency or ordering various
depending on the Fluctuations in consumption. Whenever the inventory
reaches the recorder Level on order for a fixed quantity is placed. This
system is also known as the fixed order quantity system or recorder point
inventory system or Q-system.
Periodic Review System This system is based on the determination
of a fixed period at which the order period. Here, the consumption,
demand and stock Level are calculated and the quantity ordered
which is required to make the stock Reach the maximum level on the
date of replenishment. Hence, the fluctuation Demand is taken care by
the safety stock.
2.1.4 TOOLS OF INVENTORY MANAGEMENTEffective inventory management requires control over inventories. Inventory
control refers to a system, which ensures supply of required quantity of inventories in the
required time and at the same time prevents unnecessary investment in inventories. The
tools of inventory are as follows.
12
ABC ANALYSIS:
ABC analysis is a form of inventory control wherein different degrees of control
are exercised over different items of stores on the basis of the investment involve. Under
this method the materials are managed by giving importance to items value. ABC
analysis convent rates on importance and exception. This approach is also known as
proportional value analysis (PAV), it also means “Always Better Control”.
Example: in the making of aircraft, cryogenic engines involving high costs will be
monitored closely while cost of tiers, nuts and bolts etc. will be given lesser attention.
Under this system the items are divided into three categories according to tier importance
in terms of value and frequency of replenishment during a period.
These categories are,
A categories - Highly important
B categories - Relatively less important
C categories - Least important
Advantages: It ensures close control on costly items in which a large amount of capital
has been invested.
It helps in developing scientific method of controlling inventories. Clerical
costs are reduced and stock is maintained at optimum level.
It helps in achieving the main objectives of inventory control at minimum
cost. The stock turnover rate can be maintained at comparatively higher
level through scientific control of inventories.
Limitations: The system analyses the items according to their value and not according
to their importance of the production process. It may therefore sometimes
create difficult problems. Hence the system of ABC analysis should not be
followed blindly.
Inventory control should be preceded by a value analysis. A very effective
tool for those purposes is ABC analysis control to be effective as well as
economical should be based on the ABC analysis.
13
Profits are made only at time of final sale, and that the management should
put in greater effort for finished goods inventory.
ECONOMIC ORDER QUANTITY:
EOQ refers to the quantity to be purchased every time so as to minimize the total
of two types of costs associated with purchase. The size of the order for which both
the ordering and carrying cost are minimum is known as Economic Order Quantity.
The ordering cost or order placing costs consists of salary of the staffs; they are in
charge of ordering goods, transportation costs, cost of stationary, typing cost, postal,
telephone charges etc,. Carrying costs refers to the cost of capital, cost of storage,
insurance cost and cost of spoilage etc, both these cost should be maintained at
minimum for a specific quantity of materials.
The ECONOMIC ORDER QUANTITY can be determined by;
FSN ANALYSIS:
14
Under this method materials are grouped according to movement. They are fast
moving, slow moving, non moving items.
F= Fast moving item which are stored in large quantity and close watch on
the movement of such items are kept.
S= Slow moving items which are frequently needed by the production
department accordingly moderate quantity with moderate quantity with moderate
supervision will be maintained.
N= Non moving items which are rarely required by the production
department. These non moving items should have to be reduced in production.
2.2 RESEARCH METHODOLOGYResearch methodology is a systematic and objective process of identifying
formulating the problem by setting objectives. It is the method for controlling, editing,
calculating, evaluating, analyzing and interpreting data in order to find justified solutions.
Descriptive……..
ANALYTICAL RESEARCH:
In analytical research the researcher has to use facts or information already
available, and analyze these to make a critical evaluation of the material
The research method used for the project involves an analytical research, which
has been carried out respect to the existing system in the company and a critical
evaluation of the same is made.
Sources of Data:
Secondary Data
Secondary Data:
Secondary data is the information obtained from the already existing ones where
the data are collected from the various books of journals. They are as follows
a. Stock book:
15
It provides the information such as date, quality, and value of the stock
received and issued. This enables to calculate the price of raw materials.
b. Purchase journals:
It provides the information such as date, quantity, and value of the goods
purchased. This enables to calculate the standard quantity and price of raw
materials.
c. Raw materials and store transaction:
It provides the information such as date, quantity, and value of raw
materials (i.e.) stored in the stores. This enables to understand the way of
monitoring the inventory.
d. Annual report:
It provides all the information about the ICF for the accounting period.
This enables to understand the existing performance of the company.
TOOLS: ABC Analysis
EOQ Analysis
FSN Analysis
16
2.3 LIMITATIONS OF THE STUDY The study is limited to raw materials only.
The study is based on information available in the records and the
information given by the executives.
Analysis mainly contains the high value items.
Reports are prepared only with the availability of facts and figures.
The study is limited to secondary data only.
17
CHAPTER – III
ANALYSIS AND INTERPRETATION
18
3. ANALYSIS AND INTERPRETATION
3.1 ABC ANALYSIS
Table 3.1.1. Table Showing ABC analysis for the period 2006-2007SL NO: U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE
ANN CONSUM Cumm
Cumm %
Category
162310732 TUBES GALVD. LIGHT
CLASS DIA 50M1,242.00 1218.4
1513253 1513253 21A
270017130 PLAINGRIND WHEELF
FACED200X10X4061 1232.64
75191 1588444 22A
370037073 PLAINGRIND WHEEL
ROS D450X63X2542 2,627.00
5254 1593698 22A
470057000 CENT LESS
GRINDEHD500X150X304.820 4,872.59
97452 1691150 23A
570061725 C.LES CTRL GR WH
D300X200X127ROS2 10,920.00
21840 1712990 24A
670107002 TAPER CUP GR WHEEL
D100X40X31.7552 1133.08
58920 1771910 24A
770137006 DIAMOND WHEEL CHP
BRKR D90X5X102 1,456.00
2912 1774822 24A
870137109 DISC CENTRE DEPRESED
180X7X22.232,749.00 73.66
202491 1977313 27A
972010307 HSS H.H.S
BLADE300X13X0.63X1.0P2,593.00 26.61
69000 2046313 28A
1072017910 SEGMENT CIRCU SAW 5
TPS D1010MM373 11303.68
4216273 6262586 86B
1172047094 INDEX INSERT TPKN 22
04 PD R P302,100.00 84.8
178080 6440666 89B
1272202520 DRILL TWIST HSS PS 2.50
MM IS 5165 7.91
514 6441180 89B
1372202622 DRILL TWIST HSS PS 3.00
MM IS 5170 11.94
836 6442015 89B
19
1472202671 DRILL TWIST HSS PS 3.50
MM IS 5190 11.98
1078 6443094 89B
1572202695 DRILL TWIST HSS PS 3.70
MM IS 51322 19.36
6234 6449328 89B
1672202701 DRILL TWIST HSS PS 3.80
MM IS 5120 9.68
194 6449521 89B
1772202725 DRILL TWIST HSS PS 4.00
MM IS 51302 19.18
5792 6455314 89B
1872202749 DRILL TWIST HSS PS 4.20
MM IS 51340 22.21
7551 6462865 89B
19 72202750 HSS P.S J.S.DRILL 4.3MM 237 16.37 3880 6466745 89 B
2072202774 DRILL TWIST HSS PS 4.50
MM IS 51108 31.45
3397 6470141 89B
2172202828 DRILL TWIST HSS PS
5.00MM IS 510180 34.78
6260 6476402 89B
2272202830 DRILL TWIST HSS PS 5.10
MM IS 511,274.00 21.63
27557 6503958 89B
2372202877 DRILL TWIST HSS PS 5.50
MM IS 51150 34.24
5136 6509094 90C
2472202920 DRILL TWIST HSS PS
6.00MM IS 510390 37.61
14668 6523762 90C
2572202956 DRILL TWIST HSS PS 6.30
MM IS 511222 40.97
50065 6573827 90C
2672202970 DRILL TWIST HSS PS 6.50
MM IS 5122 38.19
840 6574668 90C
2772010307 HSS H.H.S
BLADE300X13X0.63X1.0P2,593.00 26.61
69000 6643667 91C
2872017685 BAND SAW BLADE
6.4WX0.9TX1.8PIT195 442
86190 6729857 93C
2972017790 HSS MC.H.S
BLADE525X45X2.25X6.3P50 695.59
34780 6764637 93C
3072017910 SEGMENT CIRCU SAW 5
TPS D1010MM373 303.68
113273 6877910 95C
3172017946 SEGMENT CIRCU SAW 4
TPS D91035 191.35
6697 6884607 95C
3272017958 SEGMENT CIRCU SAW 5
TPS D910X5TP214 331.76
70997 6955603 96C
3372017960 SEGMENT CIRCU SAW 6
TPS D400X6TP27 205.92
5560 6961163 96C
34 72046752 TIP CARBIDE B16 P20 7 38.69 271 6961434 96 C35 72046806 TIP CARBIDE C20 P20 20 191.14 3823 6965257 96 C36 72046818 TIP CARBIDE C25 P20 10 104.47 1045 6966302 96 C37 72046855 TIP CARBIDE D10 P20 10 227.24 2272 6968574 96 C
3872046909 INDEX INSERT KNUX 16
04 15R12 S430 111.29
3339 6971913 96C
3972047021 INDEX INSERT TPUN 16
03 08 P3050 77.42
3871 6975784 96C
4072047033 INDEX INSERT TPUN 22
04 12 P30100 92.09
9209 6984993 96C
4172047094 INDEX INSERT TPKN 22
04 PD R P302,100.00 84.8
178080 7163073 98C
4272047770 PARTING OFF
INSERTWIDIA 4MM40 104.18
4167 7167240 99C
4372047811 DRILLINGINSERT WCMX
08 04 12 R53300 198.67
59601 7226841 99C
4472047951 DRILLING INSERT WCMX
06 03 08P40140 162.33
22726 7249567 100C
4572060013 HSS HARDEN&GROUND
SQ 10X10X20020 170.56
3411 7252978 100C
4672060025 HSS HARDEN&GROUND
SQ 12X12X15014 161.2
2257 7255235 100C
4772090728 HSS HAND TAPS C PITCH
M8X1.2513 321.96
4185 7259421 100C
20
4872090868 HSS HAND TAPS C PITCH
M12X1.759 539.2
4853 7264273 100C
4972090960 HSS HAND TAPS C PITCH
M16X2.009 741.56
6674 7270947 100C
5072094941 HSS LONG M/CTAP CP TY
B M10X1.508 200.23
1602 7272549 100C
TOTAL 7272549
(Sources: Secondary Data)
INTERPRETATION:
It is found that, out of 100 items only 18% of items consume 70% of total
consumption value. Hence, it is called ‘A’ category items.
Out of 100 items, 26% of items consume 20% of total consumption value. They
are called ‘B’ category.
In the last case, 56% of items consumes 10% of total value, hence they are called
‘C’ category.
Chart 3.1.1 Chart Showing ABC Analysis for the Period for 2006-2007
(Sources: Table no. 3.1.1)
21
Table 3.1.2 Table Showing ABC analysis for the period 2007-2008
SL NO: U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE
ANN CONSUM Cumm
Cumm %
Category
16231073
2TUBES GALVD. LIGHT CLASS DIA 50M
1,468.00 218.4320611 320611 5
A
27001713
0PLAINGRIND WHEELF FACED200X10X40
68 11194.37761217
1081828 16
A
37003707
3PLAINGRIND WHEEL ROS D450X63X254
1 2,957.502958
1084786 16
A
47005700
0CENT LESS GRINDEHD500X150X304.8
35 4,877.60170716
1255502 19
A
57006172
5C.LES CTRL GR WH D300X200X127ROS
2 9,858.3319717
1275219 19
A
67010700
2TAPER CUP GR WHEEL D100X40X31.75
14 11133.08155863
1431082 21
A
77013700
6DIAMOND WHEEL CHP BRKR D90X5X10
2 1,456.002912
1433994 21
A
87013710
9DISC CENTRE DEPRESED 180X7X22.23
2,352.00 65.52154103
1588097 24
A
97201030
7HSS H.H.S BLADE300X13X0.63X1.0P
3,220.00 11223612840
5200937 77
B
107201791
0SEGMENT CIRCU SAW 5 TPS D1010MM
312 1361.92424919
5625856 83
B
117204709
4INDEX INSERT TPKN 22 04 PD R P30
3,250.00 83.3270725
5896581 87
B
127220252
0DRILL TWIST HSS PS 2.50 MM IS 51
75 12.96972
5897553 87
B
137220262
2DRILL TWIST HSS PS 3.00 MM IS 51
41 12.84526
5898079 87
B
147220267
1DRILL TWIST HSS PS 3.50 MM IS 51
166 17.252864
5900943 88
B
157220269
5DRILL TWIST HSS PS 3.70 MM IS 51
130 19.362517
5903459 88
B
167220270
1DRILL TWIST HSS PS 3.80 MM IS 51
10 9.6897
5903556 88
B
177220272
5DRILL TWIST HSS PS 4.00 MM IS 51
69 16.191117
5904673 88
B
18 7220274 DRILL TWIST HSS PS 4.20 MM 122 23.72 2894 590756 88 B
22
9 IS 51 7
197220275
0HSS P.S J.S.DRILL 4.3MM 267 23.09
6165591373
2 88B
207220277
4DRILL TWIST HSS PS 4.50 MM IS 51
136 33.084499
5918231 88
B
217220282
8DRILL TWIST HSS PS 5.00MM IS 510
200 34.786956
5925187 88
B
227220283
0DRILL TWIST HSS PS 5.10 MM IS 51
1,576.00 1929944
5955131 88
B
237220287
7DRILL TWIST HSS PS 5.50 MM IS 51
185 34.246334
5961466 88
B
247220292
0DRILL TWIST HSS PS 6.00MM IS 510
482 36.0617381
5978846 89
B
257220295
6DRILL TWIST HSS PS 6.30 MM IS 51
72 40.972950
5981796 89
B
267220297
0DRILL TWIST HSS PS 6.50 MM IS 51
88 91.638063
5989860 89
B
277201030
7HSS H.H.S BLADE300X13X0.63X1.0P
3,220.00 2270840
6060700 90
C
287201768
5BAND SAW BLADE 6.4WX0.9TX1.8PIT
200 466.8893376
6154076 91
C
297201779
0HSS MC.H.S BLADE525X45X2.25X6.3P
10 695.596956
6161032 91
C
307201791
0SEGMENT CIRCU SAW 5 TPS D1010MM
312 361.92112919
6273951 93
C
317201794
6SEGMENT CIRCU SAW 4 TPS D910
3 374.391123
6275074 93
C
327201795
8SEGMENT CIRCU SAW 5 TPS D910X5TP
3 4161248
6276322 93
C
337201796
0SEGMENT CIRCU SAW 6 TPS D400X6TP
25 205.925148
6281470 93
C
347204675
2TIP CARBIDE B16 P20 20 146.58
2932628440
1 93C
357204680
6TIP CARBIDE C20 P20 20 191.14
3823628822
4 93C
367204681
8TIP CARBIDE C25 P20 20 104.47
2089629031
4 93C
377204685
5TIP CARBIDE D10 P20 10 227.24
2272629258
6 93C
387204690
9INDEX INSERT KNUX 16 04 15R12 S4
30 111.293339
6295925 93
C
397204702
1INDEX INSERT TPUN 16 03 08 P30
50 77.423871
6299796 93
C
407204703
3INDEX INSERT TPUN 22 04 12 P30
30 92.092763
6302558 93
C
417204709
4INDEX INSERT TPKN 22 04 PD R P30
3,250.00 83.3270725
6573283 98
C
427204777
0PARTING OFF INSERTWIDIA 4MM
400 108.2943316
6616599 98
C
437204781
1DRILLINGINSERT WCMX 08 04 12 R53
425 204.6786985
6703584 99
C
447204795
1DRILLING INSERT WCMX 06 03 08P40
100 167.7916779
6720363 100
C
457206001
3HSS HARDEN&GROUND SQ 10X10X200
15 103.61554
6721917 100
C
467206002
5HSS HARDEN&GROUND SQ 12X12X150
5 161.2806
6722723 100
C
477209072
8HSS HAND TAPS C PITCH M8X1.25
8 4293432
6726155 100
C
487209086
8HSS HAND TAPS C PITCH M12X1.75
11 652.957182
6733338 100
C
497209096
0HSS HAND TAPS C PITCH M16X2.00
7 741.565191
6738529 100
C
50 7209494 HSS LONG M/CTAP CP TY B 8 274.5 2196 674072 100 C
23
1 M10X1.50 5 6740725
(Sources: Secondary Data)
INTERPRETATION:
It is found that, out of 100 items only 16% of items consume 70% of total
consumption value. Hence, it is called ‘A’ category items.
Out of 100 items, 34% of items consume 20% of total consumption value. They
are called ‘B’ category.
In the last case, 50% of items consumes 10% of total value, hence they are called
‘C’ category.
Chart 3.1.2 Chart Showing ABC Analysis for the Period for 2007-2008
(Sources: Table 3.1.2)
24
Table 3.1.3 Table Showing ABC analysis for the period 2008-2009
SL NO: U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE
ANN CONSUM Cumm
Cumm %
Category
16231073
2TUBES GALVD. LIGHT CLASS DIA 50M
30 11215.28336458 336458 4
A
27001713
0PLAINGRIND WHEELF FACED200X10X40
7 11194.3778361 414819 5
A
37003707
3PLAINGRIND WHEEL ROS D450X63X254
1 12,957.50 12958 427776 5
A
47005700
0CENT LESS GRINDEHD500X150X304.8
10 4,877.6748777 476553 5
A
57006172
5C.LES CTRL GR WH D300X200X127ROS
1 19,858.33 19858 496412 5
A
67010700
2TAPER CUP GR WHEEL D100X40X31.75
12 11193.19134318 630730 7
A
77013700
6DIAMOND WHEEL CHP BRKR D90X5X10
1 1,144.001144 631874 7
A
87013710
9DISC CENTRE DEPRESED 180X7X22.23
842 1172.8987498
1619371 18
A
97201030
7HSS H.H.S BLADE300X13X0.63X1.0P
265 15623.14140122
5759493 64
A
107201791
0SEGMENT CIRCU SAW 5 TPS D1010MM
108 448.9248483
5807976 64
A
117204709
4INDEX INSERT TPKN 22 04 PD R P30
250 2383.3595825
6403801 71
B
127220252
0DRILL TWIST HSS PS 2.50 MM IS 51
10 4812.9648130
6451931 71
B
137220262
2DRILL TWIST HSS PS 3.00 MM IS 51
20 6612.84132257
6584188 73
B
147220267
1DRILL TWIST HSS PS 3.50 MM IS 51
40 1117.2544690
6628878 73
B
157220269
5DRILL TWIST HSS PS 3.70 MM IS 51
40 1116.1844647
6673525 74
B
167220270
1DRILL TWIST HSS PS 3.80 MM IS 51
40 9.68387
6673912 74
B
17 7220272 DRILL TWIST HSS PS 4.00 12 5515.6 66187 674009 74 B
25
5 MM IS 51 9
187220274
9DRILL TWIST HSS PS 4.20 MM IS 51
40 123.724949
6745048 74
B
197220275
0HSS P.S J.S.DRILL 4.3MM 56 1123.09
62893680794
1 75B
207220277
4DRILL TWIST HSS PS 4.50 MM IS 51
10 1133.0811331
6819272 75
B
217220282
8DRILL TWIST HSS PS 5.00MM IS 510
20 34.78696
6819968 75
B
227220283
0DRILL TWIST HSS PS 5.10 MM IS 51
10 19190
6820158 75
B
237220287
7DRILL TWIST HSS PS 5.50 MM IS 51
30 1134.2434027
6854185 76
B
247220292
0DRILL TWIST HSS PS 6.00MM IS 510
70 7836.06548524
7402709 82
B
257220295
6DRILL TWIST HSS PS 6.30 MM IS 51
20 23540.97470819
7873528 87
B
267220297
0DRILL TWIST HSS PS 6.50 MM IS 51
5 5591.6327958
7901486 87
B
277201030
7HSS H.H.S BLADE300X13X0.63X1.0P
3,630.00 23.183853
7985339 88
B
287201768
5BAND SAW BLADE 6.4WX0.9TX1.8PIT
200 466.8893376
8078715 89
B
297201779
0HSS MC.H.S BLADE525X45X2.25X6.3P
10 695.596956
8085671 89
B
307201791
0SEGMENT CIRCU SAW 5 TPS D1010MM
512 361.92185303
8270974 91
C
317201794
6SEGMENT CIRCU SAW 4 TPS D910
3 374.391123
8272098 91
C
327201795
8SEGMENT CIRCU SAW 5 TPS D910X5TP
3 4161248
8273346 91
C
337201796
0SEGMENT CIRCU SAW 6 TPS D400X6TP
25 205.925148
8278494 91
C
347204675
2TIP CARBIDE B16 P20 60 146.58
8795828728
8 91C
357204680
6TIP CARBIDE C20 P20 20 191.14
3823829111
1 92C
367204681
8TIP CARBIDE C25 P20 20 104.47
2089829320
1 92C
377204685
5TIP CARBIDE D10 P20 10 227.24
2272829547
3 92C
387204690
9INDEX INSERT KNUX 16 04 15R12 S4
172 197.633987
8329460 92
C
397204702
1INDEX INSERT TPUN 16 03 08 P30
50 77.423871
8333331 92
C
407204703
3INDEX INSERT TPUN 22 04 12 P30
30 92.092763
8336094 92
C
417204709
4INDEX INSERT TPKN 22 04 PD R P30
4,550.00 83.3379015
8715109 96
C
427204777
0PARTING OFF INSERTWIDIA 4MM
1,040.00 108.29112622
8827730 97
C
437204781
1DRILLINGINSERT WCMX 08 04 12 R53
695 204.67142246
8969976 99
C
447204795
1DRILLING INSERT WCMX 06 03 08P40
230 167.7938592
9008568 99
C
457206001
3HSS HARDEN&GROUND SQ 10X10X200
25 103.62590
9011158 99
C
467206002
5HSS HARDEN&GROUND SQ 12X12X150
25 161.24030
9015188 100
C
477209072
8HSS HAND TAPS C PITCH M8X1.25
18 415.257475
9022662 100
C
487209086
8HSS HAND TAPS C PITCH M12X1.75
21 652.9513712
9036374 100
C
49 7209096 HSS HAND TAPS C PITCH 8 741.56 5932 904230 100 C
26
0 M16X2.00 7
507209494
1HSS LONG M/CTAP CP TY B M10X1.50
58 274.515921
9058228 100
C
TOTAL 9058228
(Sources: Secondary Data)
INTERPRETATION:
It is found that, out of 100 items only 20% of items consume 70% of total
consumption value. Hence, it is called ‘A’ category items.
Out of 100 items, 38% of items consume 20% of total consumption value. They
are called ‘B’ category.
In the last case, 42% of items consumes 10% of total value, hence they are called
‘C’ category.
Chart 3.1.3 Chart Showing ABC Analysis for the Period for 2008-2009
(Sources: Table 3.1.3)
27
3.2 ECONOMIC ORDER QUANTITY
Table 3.2.1 Table Showing EOQ analysis for the period 2006-2007
SL NO: U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE EOQ
1 62310732 TUBES GALVD. LIGHT CLASS DIA 50M 1,242.00 1218.4 59362 70137109 DISC CENTRE DEPRESED 180X7X22.23 61 1232.64 13083 72047094 INDEX INSERT TPKN 22 04 PD R P30 2 2,627.00 1624 72047094 INDEX INSERT TPKN 22 04 PD R P30 20 4,872.59 3775 72017910 SEGMENT CIRCU SAW 5 TPS D1010MM 2 10,920.00 806 72017910 SEGMENT CIRCU SAW 5 TPS D1010MM 52 1133.08 12607 70057000 CENT LESS GRINDEHD500X150X304.8 2 1,456.00 2188 72017685 BAND SAW BLADE 6.4WX0.9TX1.8PIT 2,749.00 73.66 359189 72017958 SEGMENT CIRCU SAW 5 TPS D910X5TP 2,593.00 26.61 5803910 72010307 HSS H.H.S BLADE300X13X0.63X1.0P 373 11303.68 106811 72010307 HSS H.H.S BLADE300X13X0.63X1.0P 2,100.00 84.8 2925912 72047811 DRILLINGINSERT WCMX 08 04 12 R53 65 7.91 1685413 72017790 HSS MC.H.S BLADE525X45X2.25X6.3P 70 11.94 1423614 72202830 DRILL TWIST HSS PS 5.10 MM IS 51 90 11.98 1611515 72047951 DRILLING INSERT WCMX 06 03 08P40 322 19.36 2397816 70061725 C.LES CTRL GR WH D300X200X127ROS 20 9.68 845117 72202920 DRILL TWIST HSS PS 6.00MM IS 510 302 19.18 23330
1870017130 PLAINGRIND WHEELF
FACED200X10X40340 22.21
2300419 72047033 INDEX INSERT TPUN 22 04 12 P30 237 16.37 2237120 72202749 DRILL TWIST HSS PS 4.20 MM IS 51 108 31.45 1089521 70107002 TAPER CUP GR WHEEL D100X40X31.75 180 34.78 1337622 72017946 SEGMENT CIRCU SAW 4 TPS D910 1,274.00 21.63 45123
28
23 72090960 HSS HAND TAPS C PITCH M16X2.00 150 34.24 1230624 72202828 DRILL TWIST HSS PS 5.00MM IS 510 390 37.61 1893325 72202695 DRILL TWIST HSS PS 3.70 MM IS 51 1222 40.97 3211026 72202725 DRILL TWIST HSS PS 4.00 MM IS 51 22 38.19 446327 72017960 SEGMENT CIRCU SAW 6 TPS D400X6TP 2,593.00 26.61 58039
2870037073 PLAINGRIND WHEEL ROS
D450X63X254195 442
390529 72202877 DRILL TWIST HSS PS 5.50 MM IS 51 50 695.59 157630 72090868 HSS HAND TAPS C PITCH M12X1.75 373 303.68 651631 72090728 HSS HAND TAPS C PITCH M8X1.25 35 191.35 251532 72047770 PARTING OFF INSERTWIDIA 4MM 214 331.76 472233 72202750 HSS P.S J.S.DRILL 4.3MM 27 205.92 212934 72047021 INDEX INSERT TPUN 16 03 08 P30 7 38.69 250135 72046806 TIP CARBIDE C20 P20 20 191.14 190236 72060013 HSS HARDEN&GROUND SQ 10X10X200 10 104.47 181937 72202774 DRILL TWIST HSS PS 4.50 MM IS 51 10 227.24 123338 72046909 INDEX INSERT KNUX 16 04 15R12 S4 30 111.29 3053
3970137006 DIAMOND WHEEL CHP BRKR
D90X5X1050 77.42
472540 72046855 TIP CARBIDE D10 P20 100 92.09 612741 72060025 HSS HARDEN&GROUND SQ 12X12X150 2,100.00 84.8 2925942 72094941 HSS LONG M/CTAP CP TY B M10X1.50 40 104.18 364343 72202671 DRILL TWIST HSS PS 3.50 MM IS 51 300 198.67 722544 72046818 TIP CARBIDE C25 P20 140 162.33 546045 72202956 DRILL TWIST HSS PS 6.30 MM IS 51 20 170.56 201346 72202970 DRILL TWIST HSS PS 6.50 MM IS 51 14 161.2 173347 72202622 DRILL TWIST HSS PS 3.00 MM IS 51 13 321.96 118148 72202520 DRILL TWIST HSS PS 2.50 MM IS 51 9 539.2 76049 72046752 TIP CARBIDE B16 P20 9 741.56 64850 72202701 DRILL TWIST HSS PS 3.80 MM IS 51 8 200.23 1175(Source: Secondary Data)
INTERPRETATION:It is inferred from the above analysis that the EOQ is greater in 72017958 and in
72017960 having the value of 58039 and having a minimum value of 80
Chart 3.2.1 Chart Showing EOQ Analysis for the Period for 2006-2007
EOQ OF INDEX INSERT TPKN
SL NO: U.L. NO. DESCRIPTIONANNUAL
REQT.ANNUAL VALUE EOQ
1 72047094 INDEX INSERT TPKN 22 04 PD R P30 2 2,627.00 1622 72047094 INDEX INSERT TPKN 22 04 PD R P30 20 4,872.59 3773 72047033 INDEX INSERT TPUN 22 04 12 P30 237 16.37 223714 72047021 INDEX INSERT TPUN 16 03 08 P30 7 38.69 2501
572046909 INDEX INSERT KNUX 16 04 15R12 S4 30 111.29
3053
29
EOQ OF SEGMENT CIRCU SAW 5 TPS
SL NO: U.L. NO. DESCRIPTIONANNUAL
REQT.ANNUAL VALUE EOQ
1 72017910 SEGMENT CIRCU SAW 5 TPS D1010MM 2 10,920.00 802 72017910 SEGMENT CIRCU SAW 5 TPS D1010MM 52 1133.08 12603 72017958 SEGMENT CIRCU SAW 5 TPS D910X5TP 2,593.00 26.61 580394 72017946 SEGMENT CIRCU SAW 4 TPS D910 1,274.00 21.63 451235 72017960 SEGMENT CIRCU SAW 6 TPS D400X6TP 2,593.00 26.61 58039
30
EQ OF HSS
SL NO: U.L. NO. DESCRIPTIONANNUAL
REQT.ANNUAL VALUE EOQ
1 72010307 HSS H.H.S BLADE300X13X0.63X1.0P 373 11303.68 10682 72010307 HSS H.H.S BLADE300X13X0.63X1.0P 2,100.00 84.8 292593 72017790 HSS MC.H.S BLADE525X45X2.25X6.3P 70 11.94 142364 72090960 HSS HAND TAPS C PITCH M16X2.00 150 34.24 123065 72090868 HSS HAND TAPS C PITCH M12X1.75 373 303.68 65166 72090728 HSS HAND TAPS C PITCH M8X1.25 35 191.35 25157 72060013 HSS HARDEN&GROUND SQ 10X10X200 10 104.47 18198 72060025 HSS HARDEN&GROUND SQ 12X12X150 2,100.00 84.8 292599 72094941 HSS LONG M/CTAP CP TY B M10X1.50 40 104.18 3643
31
EOQ OF DRILL TWIST HSS PS
SL NO: U.L. NO. DESCRIPTIONANNUAL
REQT.ANNUAL VALUE EOQ
1 72202830 DRILL TWIST HSS PS 5.10 MM IS 51 90 11.98 161152 72202920 DRILL TWIST HSS PS 6.00MM IS 510 302 19.18 233303 72202749 DRILL TWIST HSS PS 4.20 MM IS 51 108 31.45 108954 72202828 DRILL TWIST HSS PS 5.00MM IS 510 390 37.61 189335 72202695 DRILL TWIST HSS PS 3.70 MM IS 51 1222 40.97 321106 72202725 DRILL TWIST HSS PS 4.00 MM IS 51 22 38.19 44637 72202877 DRILL TWIST HSS PS 5.50 MM IS 51 50 695.59 15768 72202774 DRILL TWIST HSS PS 4.50 MM IS 51 10 227.24 12339 72202671 DRILL TWIST HSS PS 3.50 MM IS 51 300 198.67 722510 72202956 DRILL TWIST HSS PS 6.30 MM IS 51 20 170.56 201311 72202970 DRILL TWIST HSS PS 6.50 MM IS 51 14 161.2 173312 72202622 DRILL TWIST HSS PS 3.00 MM IS 51 13 321.96 118113 72202520 DRILL TWIST HSS PS 2.50 MM IS 51 9 539.2 76014 72202701 DRILL TWIST HSS PS 3.80 MM IS 51 8 200.23 1175
32
Table 3.2.2 Table Showing EOQ analysis for the period 2007-2008
SL NO: U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE EOQ
1 62310732 TUBES GALVD. LIGHT CLASS DIA 50M 1,468.00 218.4 152432 72047094 INDEX INSERT TPKN 22 04 PD R P30 68 11194.37 4583 72047094 INDEX INSERT TPKN 22 04 PD R P30 1 2,957.50 1084 70057000 CENT LESS GRINDEHD500X150X304.8 35 4,877.60 4985 70137109 DISC CENTRE DEPRESED 180X7X22.23 2 9,858.33 84
33
6 72017910 SEGMENT CIRCU SAW 5 TPS D1010MM 14 11133.08 2087 72017910 SEGMENT CIRCU SAW 5 TPS D1010MM 2 1,456.00 2188 72017685 BAND SAW BLADE 6.4WX0.9TX1.8PIT 2,352.00 65.52 352279 72047811 DRILLINGINSERT WCMX 08 04 12 R53 3,220.00 1122 996010 72010307 HSS H.H.S BLADE300X13X0.63X1.0P 312 1361.92 281411 72010307 HSS H.H.S BLADE300X13X0.63X1.0P 3,250.00 83.3 3672512 72047770 PARTING OFF INSERTWIDIA 4MM 75 12.96 1414413 72202830 DRILL TWIST HSS PS 5.10 MM IS 51 41 12.84 1050614 70061725 C.LES CTRL GR WH D300X200X127ROS 166 17.25 1823915 72202920 DRILL TWIST HSS PS 6.00MM IS 510 130 19.36 1523616 72047951 DRILLING INSERT WCMX 06 03 08P40 10 9.68 5976
1770017130 PLAINGRIND WHEELF
FACED200X10X4069 16.19
1213818 72202970 DRILL TWIST HSS PS 6.50 MM IS 51 122 23.72 1333419 72090868 HSS HAND TAPS C PITCH M12X1.75 267 23.09 1999320 72202828 DRILL TWIST HSS PS 5.00MM IS 510 136 33.08 1192121 72017790 HSS MC.H.S BLADE525X45X2.25X6.3P 200 34.78 1409922 72202877 DRILL TWIST HSS PS 5.50 MM IS 51 1,576.00 19 5354823 72202750 HSS P.S J.S.DRILL 4.3MM 185 34.24 1366724 72090960 HSS HAND TAPS C PITCH M16X2.00 482 36.06 2149625 72017960 SEGMENT CIRCU SAW 6 TPS D400X6TP 72 40.97 779426 72202774 DRILL TWIST HSS PS 4.50 MM IS 51 88 91.63 576227 72047021 INDEX INSERT TPUN 16 03 08 P30 3,220.00 22 7113128 72046806 TIP CARBIDE C20 P20 200 466.88 384829 72090728 HSS HAND TAPS C PITCH M8X1.25 10 695.59 70530 72046909 INDEX INSERT KNUX 16 04 15R12 S4 312 361.92 5459
3170037073 PLAINGRIND WHEEL ROS
D450X63X2543 374.39
52632 72202956 DRILL TWIST HSS PS 6.30 MM IS 51 3 416 49933 72046752 TIP CARBIDE B16 P20 25 205.92 2049
3470137006 DIAMOND WHEEL CHP BRKR
D90X5X1020 146.58
217235 72202749 DRILL TWIST HSS PS 4.20 MM IS 51 20 191.14 190236 72202671 DRILL TWIST HSS PS 3.50 MM IS 51 20 104.47 257337 72047033 INDEX INSERT TPUN 22 04 12 P30 10 227.24 123338 72202695 DRILL TWIST HSS PS 3.70 MM IS 51 30 111.29 305339 72046855 TIP CARBIDE D10 P20 50 77.42 472540 72094941 HSS LONG M/CTAP CP TY B M10X1.50 30 92.09 335641 72046818 TIP CARBIDE C25 P20 3,250.00 83.3 3672542 70107002 TAPER CUP GR WHEEL D100X40X31.75 400 108.29 1130043 72060013 HSS HARDEN&GROUND SQ 10X10X200 425 204.67 847244 72017958 SEGMENT CIRCU SAW 5 TPS D910X5TP 100 167.79 453945 72017946 SEGMENT CIRCU SAW 4 TPS D910 15 103.6 223746 72202725 DRILL TWIST HSS PS 4.00 MM IS 51 5 161.2 103547 72202520 DRILL TWIST HSS PS 2.50 MM IS 51 8 429 80348 72060025 HSS HARDEN&GROUND SQ 12X12X150 11 652.95 76349 72202622 DRILL TWIST HSS PS 3.00 MM IS 51 7 741.56 57150 72202701 DRILL TWIST HSS PS 3.80 MM IS 51 8 274.5 1004
(Source: Secondary Data)
INTERPRETATION:
34
It is inferred from the above analysis that the EOQ is Greater in 72047021 and having a value of 71131 and having a minimum value of 84 falls in 70137109
Table 3.1.2 Table Showing EOQ analysis for the period 2008-2009
SL NO: U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE EOQ
1 72047094 INDEX INSERT TPKN 22 04 PD R P30 30 11215.28 3042 72017910 SEGMENT CIRCU SAW 5 TPS D1010MM 7 11194.37 1473 72047811 DRILLINGINSERT WCMX 08 04 12 R53 1 12,957.50 524 72047770 PARTING OFF INSERTWIDIA 4MM 10 4,877.67 2665 72017685 BAND SAW BLADE 6.4WX0.9TX1.8PIT 1 19,858.33 426 72010307 HSS H.H.S BLADE300X13X0.63X1.0P 12 11193.19 1937 70137109 DISC CENTRE DEPRESED 180X7X22.23 1 1,144.00 1748 70057000 CENT LESS GRINDEHD500X150X304.8 842 1172.8 4982
35
9
72017910 SEGMENT CIRCU SAW 5 TPS D1010MM 265 15623.1
76610 72047951 DRILLING INSERT WCMX 06 03 08P40 108 448.92 288411 72046909 INDEX INSERT KNUX 16 04 15R12 S4 250 2383.3 190412 72047094 INDEX INSERT TPKN 22 04 PD R P30 10 4812.96 26813 72094941 HSS LONG M/CTAP CP TY B M10X1.50 20 6612.84 32314 72090868 HSS HAND TAPS C PITCH M12X1.75 40 1117.25 111215 70061725 C.LES CTRL GR WH D300X200X127ROS 40 1116.18 111316 72046752 TIP CARBIDE B16 P20 40 9.68 1195217 72090728 HSS HAND TAPS C PITCH M8X1.25 12 5515.6 27418 72017790 HSS MC.H.S BLADE525X45X2.25X6.3P 40 123.72 334319 62310732 TUBES GALVD. LIGHT CLASS DIA 50M 56 1123.09 131320 72010307 HSS H.H.S BLADE300X13X0.63X1.0P 10 1133.08 55221 72090960 HSS HAND TAPS C PITCH M16X2.00 20 34.78 445922 72017960 SEGMENT CIRCU SAW 6 TPS D400X6TP 10 19 426523 72060025 HSS HARDEN&GROUND SQ 12X12X150 30 1134.24 95624 72047021 INDEX INSERT TPUN 16 03 08 P30 70 7836.06 55625 72046806 TIP CARBIDE C20 P20 20 23540.97 171
2670037073 PLAINGRIND WHEEL ROS
D450X63X2545 5591.63
17627 72047033 INDEX INSERT TPUN 22 04 12 P30 3,630.00 23.1 7370428 72060013 HSS HARDEN&GROUND SQ 10X10X200 200 466.88 384829 72202920 DRILL TWIST HSS PS 6.00MM IS 510 10 695.59 70530 70107002 TAPER CUP GR WHEEL D100X40X31.75 512 361.92 699331 72046855 TIP CARBIDE D10 P20 3 374.39 52632 72046818 TIP CARBIDE C25 P20 3 416 499
3370017130 PLAINGRIND WHEELF
FACED200X10X4025 205.92
204934 72202750 HSS P.S J.S.DRILL 4.3MM 60 146.58 376235 72017958 SEGMENT CIRCU SAW 5 TPS D910X5TP 20 191.14 1902
3670137006 DIAMOND WHEEL CHP BRKR
D90X5X1020 104.47
257337 72017946 SEGMENT CIRCU SAW 4 TPS D910 10 227.24 123338 72202877 DRILL TWIST HSS PS 5.50 MM IS 51 172 197.6 548539 72202749 DRILL TWIST HSS PS 4.20 MM IS 51 50 77.42 472540 72202956 DRILL TWIST HSS PS 6.30 MM IS 51 30 92.09 335641 72202828 DRILL TWIST HSS PS 5.00MM IS 510 4,550.00 83.3 4345442 72202671 DRILL TWIST HSS PS 3.50 MM IS 51 1,040.00 108.29 1822143 72202695 DRILL TWIST HSS PS 3.70 MM IS 51 695 204.67 1083444 72202970 DRILL TWIST HSS PS 6.50 MM IS 51 230 167.79 688445 72202701 DRILL TWIST HSS PS 3.80 MM IS 51 25 103.6 288846 72202774 DRILL TWIST HSS PS 4.50 MM IS 51 25 161.2 231547 72202622 DRILL TWIST HSS PS 3.00 MM IS 51 18 415.25 122448 72202830 DRILL TWIST HSS PS 5.10 MM IS 51 21 652.95 105449 72202725 DRILL TWIST HSS PS 4.00 MM IS 51 8 741.56 61150 72202520 DRILL TWIST HSS PS 2.50 MM IS 51 58 274.5 2703
(Souce: Secondary Data)
INTERPRETATION:36
It is inferred from the above analysis that the EOQ is Greater in 72047033 and having a value of 73704 and having a minimum value of 42 falls in 72017685
3.3 FSN ANALYSIS
Table 3.3.1. Table Showing FSN analysis for the period 2006-2007
SL NO:
U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE EOQ No.Of.Orders
Duration On B/W Orders
162310732 TUBES GALVD. LIGHT
CLASS DIA 50M1,242.00 1218.4
5936 0.2092 1572 72047094 INDEX INSERT TPKN 22 04 61 1232.64 1308 0.0466 147
37
PD R P30
372047094 INDEX INSERT TPKN 22 04
PD R P302 2,627.00
162 0.0123 128
470057000 CENT LESS
GRINDEHD500X150X304.820 4,872.59
377 0.0531 186
570137109 DISC CENTRE DEPRESED
180X7X22.232 10,920.00
80 0.0251 03
672017910 SEGMENT CIRCU SAW 5
TPS D1010MM52 1133.08
1260 0.0413 400
772017910 SEGMENT CIRCU SAW 5
TPS D1010MM2 1,456.00
218 0.0092 78
872017685 BAND SAW BLADE
6.4WX0.9TX1.8PIT2,749.00 73.66
35918 0.0765 198
972047811 DRILLINGINSERT WCMX
08 04 12 R532,593.00 26.61
58039 0.0447 97
1072010307 HSS H.H.S
BLADE300X13X0.63X1.0P373 11303.68
1068 0.3492 578
1172010307 HSS H.H.S
BLADE300X13X0.63X1.0P2,100.00 84.8
29259 0.0718 67
1272047770 PARTING OFF
INSERTWIDIA 4MM65 7.91
16854 0.0039 364
1372202830 DRILL TWIST HSS PS 5.10
MM IS 5170 11.94
14236 0.0049 93
1470061725 C.LES CTRL GR WH
D300X200X127ROS90 11.98
16115 0.0056 147
1572202920 DRILL TWIST HSS PS
6.00MM IS 510322 19.36
23978 0.0134 54
1672047951 DRILLING INSERT WCMX
06 03 08P4020 9.68
8451 0.0024 182
1770017130 PLAINGRIND WHEELF
FACED200X10X40302 19.18
23330 0.0129 222
1872202970 DRILL TWIST HSS PS 6.50
MM IS 51340 22.21
23004 0.0148 147
1972090868 HSS HAND TAPS C PITCH
M12X1.75237 16.37
22371 0.0106 179
2072202828 DRILL TWIST HSS PS
5.00MM IS 510108 31.45
10895 0.0099 14
2172017790 HSS MC.H.S
BLADE525X45X2.25X6.3P180 34.78
13376 0.0135 78
2272202877 DRILL TWIST HSS PS 5.50
MM IS 511,274.00 21.63
45123 0.0282 5223 72202750 HSS P.S J.S.DRILL 4.3MM 150 34.24 12306 0.0122 47
2472090960 HSS HAND TAPS C PITCH
M16X2.00390 37.61
18933 0.0206 87
2572017960 SEGMENT CIRCU SAW 6
TPS D400X6TP1222 40.97
32110 0.0381 98
2672202774 DRILL TWIST HSS PS 4.50
MM IS 5122 38.19
4463 0.0049 47
2772047021 INDEX INSERT TPUN 16 03
08 P302,593.00 26.61
58039 0.0447 8728 72046806 TIP CARBIDE C20 P20 195 442 3905 0.0499 73
2972090728 HSS HAND TAPS C PITCH
M8X1.2550 695.59
1576 0.0317 37
3072046909 INDEX INSERT KNUX 16 04
15R12 S4373 303.68
6516 0.0572 49
3170037073 PLAINGRIND WHEEL ROS
D450X63X25435 191.35
2515 0.0139 42
3272202956 DRILL TWIST HSS PS 6.30
MM IS 51214 331.76
4722 0.0453 5933 72046752 TIP CARBIDE B16 P20 27 205.92 2129 0.0127 122
3470137006 DIAMOND WHEEL CHP
BRKR D90X5X107 38.69
2501 0.0028 11135 72202749 DRILL TWIST HSS PS 4.20 20 191.14 1902 0.0105 79
38
MM IS 51
3672202671 DRILL TWIST HSS PS 3.50
MM IS 5110 104.47
1819 0.0055 39
3772047033 INDEX INSERT TPUN 22 04
12 P3010 227.24
1233 0.0081 48
3872202695 DRILL TWIST HSS PS 3.70
MM IS 5130 111.29
3053 0.0098 5939 72046855 TIP CARBIDE D10 P20 50 77.42 4725 0.0106 97
4072094941 HSS LONG M/CTAP CP TY
B M10X1.50100 92.09
6127 0.0163 2441 72046818 TIP CARBIDE C25 P20 2,100.00 84.8 29259 0.0718 04
4270107002 TAPER CUP GR WHEEL
D100X40X31.7540 104.18
3643 0.0110 199
4372060013 HSS HARDEN&GROUND
SQ 10X10X200300 198.67
7225 0.0415 79
4472017958 SEGMENT CIRCU SAW 5
TPS D910X5TP140 162.33
5460 0.0256 257
4572017946 SEGMENT CIRCU SAW 4
TPS D91020 170.56
2013 0.0099 79
4672202725 DRILL TWIST HSS PS 4.00
MM IS 5114 161.2
1733 0.0081 122
4772202520 DRILL TWIST HSS PS 2.50
MM IS 5113 321.96
1181 0.0110 107
4872060025 HSS HARDEN&GROUND
SQ 12X12X1509 539.2
760 0.0118 93
4972202622 DRILL TWIST HSS PS 3.00
MM IS 519 741.56
648 0.0139 78
5072202701 DRILL TWIST HSS PS 3.80
MM IS 518 200.23
1175 0.0068 234(Source: Secondary Data)
INTERPRETATION:
It is inferred from the above analysis that the 25 Items falls in Fast Moving Items and 14 Items falls in Slow Moving Items and remaining 11 Items falls in Non Moving Items.
Table 3.3.2 Table Showing FSN analysis for the period 2007-2008
SL NO:
U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE EOQ No.Of.Orders
Duration On B/W Orders
162310732 TUBES GALVD. LIGHT
CLASS DIA 50M1,468.00 218.4
15243 0.0963 157
272047094 INDEX INSERT TPKN 22 04
PD R P3068 11194.37
458 0.1484 147
372047094 INDEX INSERT TPKN 22 04
PD R P301 2,957.50
108 0.0092 128
470057000 CENT LESS
GRINDEHD500X150X304.835 4,877.60
498 0.0703 1865 70137109 DISC CENTRE DEPRESED 2 9,858.33 84 0.0239 03
39
180X7X22.23
672017910 SEGMENT CIRCU SAW 5
TPS D1010MM14 11133.08
208 0.0671 400
772017910 SEGMENT CIRCU SAW 5
TPS D1010MM2 1,456.00
218 0.0092 78
872017685 BAND SAW BLADE
6.4WX0.9TX1.8PIT2,352.00 65.52
35227 0.0668 198
972047811 DRILLINGINSERT WCMX
08 04 12 R533,220.00 1122
9960 0.3233 97
1072010307 HSS H.H.S
BLADE300X13X0.63X1.0P312 1361.92
2814 0.1109 578
1172010307 HSS H.H.S
BLADE300X13X0.63X1.0P3,250.00 83.3
36725 0.0885 67
1272047770 PARTING OFF
INSERTWIDIA 4MM75 12.96
14144 0.0053 364
1372202830 DRILL TWIST HSS PS 5.10
MM IS 5141 12.84
10506 0.0039 93
1470061725 C.LES CTRL GR WH
D300X200X127ROS166 17.25
18239 0.0091 147
1572202920 DRILL TWIST HSS PS
6.00MM IS 510130 19.36
15236 0.0085 54
1672047951 DRILLING INSERT WCMX
06 03 08P4010 9.68
5976 0.0017 182
1770017130 PLAINGRIND WHEELF
FACED200X10X4069 16.19
12138 0.0057 222
1872202970 DRILL TWIST HSS PS 6.50
MM IS 51122 23.72
13334 0.0091 147
1972090868 HSS HAND TAPS C PITCH
M12X1.75267 23.09
19993 0.0134 179
2072202828 DRILL TWIST HSS PS
5.00MM IS 510136 33.08
11921 0.0114 14
2172017790 HSS MC.H.S
BLADE525X45X2.25X6.3P200 34.78
14099 0.0142 78
2272202877 DRILL TWIST HSS PS 5.50
MM IS 511,576.00 19
53548 0.0294 5223 72202750 HSS P.S J.S.DRILL 4.3MM 185 34.24 13667 0.0135 47
2472090960 HSS HAND TAPS C PITCH
M16X2.00482 36.06
21496 0.0224 87
2572017960 SEGMENT CIRCU SAW 6
TPS D400X6TP72 40.97
7794 0.0092 98
2672202774 DRILL TWIST HSS PS 4.50
MM IS 5188 91.63
5762 0.0153 127
2772047021 INDEX INSERT TPUN 16 03
08 P303,220.00 22
71131 0.0453 8728 72046806 TIP CARBIDE C20 P20 200 466.88 3848 0.0520 73
2972090728 HSS HAND TAPS C PITCH
M8X1.2510 695.59
705 0.0142 37
3072046909 INDEX INSERT KNUX 16 04
15R12 S4312 361.92
5459 0.0572 49
3170037073 PLAINGRIND WHEEL ROS
D450X63X2543 374.39
526 0.0057 42
3272202956 DRILL TWIST HSS PS 6.30
MM IS 513 416
499 0.0060 5933 72046752 TIP CARBIDE B16 P20 25 205.92 2049 0.0122 122
3470137006 DIAMOND WHEEL CHP
BRKR D90X5X1020 146.58
2172 0.0092 111
3572202749 DRILL TWIST HSS PS 4.20
MM IS 5120 191.14
1902 0.0105 99
3672202671 DRILL TWIST HSS PS 3.50
MM IS 5120 104.47
2573 0.0078 129
3772047033 INDEX INSERT TPUN 22 04
12 P3010 227.24
1233 0.0081 4838 72202695 DRILL TWIST HSS PS 3.70 30 111.29 3053 0.0098 59
40
MM IS 5139 72046855 TIP CARBIDE D10 P20 50 77.42 4725 0.0106 97
4072094941 HSS LONG M/CTAP CP TY
B M10X1.5030 92.09
3356 0.0089 2441 72046818 TIP CARBIDE C25 P20 3,250.00 83.3 36725 0.0885 94
4270107002 TAPER CUP GR WHEEL
D100X40X31.75400 108.29
11300 0.0354 199
4372060013 HSS HARDEN&GROUND
SQ 10X10X200425 204.67
8472 0.0502 79
4472017958 SEGMENT CIRCU SAW 5
TPS D910X5TP100 167.79
4539 0.0220 257
4572017946 SEGMENT CIRCU SAW 4
TPS D91015 103.6
2237 0.0067 79
4672202725 DRILL TWIST HSS PS 4.00
MM IS 515 161.2
1035 0.0048 122
4772202520 DRILL TWIST HSS PS 2.50
MM IS 518 429
803 0.0100 107
4872060025 HSS HARDEN&GROUND
SQ 12X12X15011 652.95
763 0.0144 93
4972202622 DRILL TWIST HSS PS 3.00
MM IS 517 741.56
571 0.0123 128
5072202701 DRILL TWIST HSS PS 3.80
MM IS 518 274.5
1004 0.0080 234
(Source: Secondary Data)
INTERPRETATION:
It is inferred from the above analysis that the 20 Items falls in Fast Moving Items and 18 Items falls in Slow Moving Items and remaining 12 Items falls in Non Moving Items.
Table 3.3.3 Table Showing FSN analysis for the period 2008-2009
SL NO:
U.L. NO. DESCRIPTION
ANNUAL REQT.
ANNUAL VALUE EOQ No.Of.Orders
Duration B/W
Orders
172047094 INDEX INSERT TPKN 22 04
PD R P3030 11215.28
304 0.099 157
272017910 SEGMENT CIRCU SAW 5
TPS D1010MM7 11194.37
147 0.048 147
372047811 DRILLINGINSERT WCMX
08 04 12 R531 12,957.50
52 0.019 128
472047770 PARTING OFF
INSERTWIDIA 4MM10 4,877.67
266 0.038 186
572017685 BAND SAW BLADE
6.4WX0.9TX1.8PIT1 19,858.33
42 0.024 03
672010307 HSS H.H.S
BLADE300X13X0.63X1.0P12 11193.19
193 0.062 400
41
770137109 DISC CENTRE DEPRESED
180X7X22.231 1,144.00
174 0.006 78
870057000 CENT LESS
GRINDEHD500X150X304.8842 1172.8
4982 0.169 198
972017910 SEGMENT CIRCU SAW 5
TPS D1010MM265 15623.1
766 0.346 97
1072047951 DRILLING INSERT WCMX
06 03 08P40108 448.92
2884 0.037 578
1172046909 INDEX INSERT KNUX 16 04
15R12 S4250 2383.3
1904 0.131 67
1272047094 INDEX INSERT TPKN 22 04
PD R P3010 4812.96
268 0.037 364
1372094941 HSS LONG M/CTAP CP TY
B M10X1.5020 6612.84
323 0.062 93
1472090868 HSS HAND TAPS C PITCH
M12X1.7540 1117.25
1112 0.036 147
1570061725 C.LES CTRL GR WH
D300X200X127ROS40 1116.18
1113 0.036 5416 72046752 TIP CARBIDE B16 P20 40 9.68 11952 0.003 182
1772090728 HSS HAND TAPS C PITCH
M8X1.2512 5515.6
274 0.044 222
1872017790 HSS MC.H.S
BLADE525X45X2.25X6.3P40 123.72
3343 0.012 147
1962310732 TUBES GALVD. LIGHT
CLASS DIA 50M56 1123.09
1313 0.043 179
2072010307 HSS H.H.S
BLADE300X13X0.63X1.0P10 1133.08
552 0.018 14
2172090960 HSS HAND TAPS C PITCH
M16X2.0020 34.78
4459 0.004 78
2272017960 SEGMENT CIRCU SAW 6
TPS D400X6TP10 19
4265 0.002 52
2372060025 HSS HARDEN&GROUND
SQ 12X12X15030 1134.24
956 0.031 47
2472047021 INDEX INSERT TPUN 16 03
08 P3070 7836.06
556 0.126 8725 72046806 TIP CARBIDE C20 P20 20 23540.97 171 0.117 98
2670037073 PLAINGRIND WHEEL ROS
D450X63X2545 5591.63
176 0.028 127
2772047033 INDEX INSERT TPUN 22 04
12 P303,630.00 23.1
73704 0.049 87
2872060013 HSS HARDEN&GROUND
SQ 10X10X200200 466.88
3848 0.052 73
2972202920 DRILL TWIST HSS PS
6.00MM IS 51010 695.59
705 0.014 37
3070107002 TAPER CUP GR WHEEL
D100X40X31.75512 361.92
6993 0.073 4931 72046855 TIP CARBIDE D10 P20 3 374.39 526 0.006 4232 72046818 TIP CARBIDE C25 P20 3 416 499 0.006 59
3370017130 PLAINGRIND WHEELF
FACED200X10X4025 205.92
2049 0.012 12234 72202750 HSS P.S J.S.DRILL 4.3MM 60 146.58 3762 0.016 111
3572017958 SEGMENT CIRCU SAW 5
TPS D910X5TP20 191.14
1902 0.011 99
3670137006 DIAMOND WHEEL CHP
BRKR D90X5X1020 104.47
2573 0.008 129
3772017946 SEGMENT CIRCU SAW 4
TPS D91010 227.24
1233 0.008 48
3872202877 DRILL TWIST HSS PS 5.50
MM IS 51172 197.6
5485 0.031 59
3972202749 DRILL TWIST HSS PS 4.20
MM IS 5150 77.42
4725 0.011 97
4072202956 DRILL TWIST HSS PS 6.30
MM IS 5130 92.09
3356 0.009 24
42
4172202828 DRILL TWIST HSS PS
5.00MM IS 5104,550.00 83.3
43454 0.105 94
4272202671 DRILL TWIST HSS PS 3.50
MM IS 511,040.00 108.29
18221 0.057 199
4372202695 DRILL TWIST HSS PS 3.70
MM IS 51695 204.67
10834 0.064 79
4472202970 DRILL TWIST HSS PS 6.50
MM IS 51230 167.79
6884 0.033 257
4572202701 DRILL TWIST HSS PS 3.80
MM IS 5125 103.6
2888 0.009 79
4672202774 DRILL TWIST HSS PS 4.50
MM IS 5125 161.2
2315 0.011 122
4772202622 DRILL TWIST HSS PS 3.00
MM IS 5118 415.25
1224 0.015 107
4872202830 DRILL TWIST HSS PS 5.10
MM IS 5121 652.95
1054 0.020 183
4972202725 DRILL TWIST HSS PS 4.00
MM IS 518 741.56
611 0.013 128
5072202520 DRILL TWIST HSS PS 2.50
MM IS 5158 274.5
2703 0.021 234
(Source: Secondary Data)
INTERPRETATION:
It is inferred from the above analysis that the 28 Items falls in Fast Moving Items and 12 Items falls in Slow Moving Items and remaining 10 Items falls in Non Moving Items.
43
CHAPTER-IVFINDINGS,SUGGESTIONS AND CONCLUSION
CHAPTER-4
4.1 FINDINGS OF THE STUDY
44
4.2 SUGGESTIONS OF THE STUDY
45
4.3 CONCLUSION:
46