SYNOPSIS

SYNOPSIS
The back bone of an organization is the maintenance of their quality of
product. Therefore it has to be checked and ensure the available raw materials
present in order to make proper decision making.

The information regarding the availability of raw materials, quality, etc must
be available at all times. For this purpose, efficient and skilled personal are to be
employed.

INTRODUCTION

INTRODUCTION

Mr. P.G.Mahalingam and Mr P.Mani Estabilished the Company in the

year of 1992 as service unit at Athipalayam Privu, Ganapathy to service all
brand submersible Pumpsets at the very beginning and promoted to
manufacturing submersible pumpset unit, with the realization our product
satisfied the low voltage of our customers CHERAN PUMPS withstanding
good market place up to date in Karnataka state from 1996 onwards CHERAN
PUMPS entered to the market of Tamilnadu and promoted to manufacturing
domestic monoblock and Openwell submersible pumpset, end of 2000
Products of CHERAN INDUSTRIES awarded certification from Bureau of
Indian standards, November2005 switched over to ISO certified company.
In 2007 the company has set up a CNC Machine shop for the
manufacturing of Pump Spares .Due to the large demand of engineering
components in the region, the company started to manufacture precision CNC
components and assemblies for various engineering companies in and around
coimbatore.
The Various Components Manufactured are
1. Valve Industries
2. Textile Machine Assemblies
3. Automobile Companies

OBJECTIVES OF THE INDUSTRY

OBJECTIVES OF THE INDUSTRY

To keep manufacturing constant with latest improved technology.
To provide unlimited service to customers.
To give quality goods to the customer and seller etc.,
To give assurance to take back the defective goods.
Taxation
Transportation.
Delivering the goods with in a time period.
Making of fraud is avoided.
To give incentives, bonus, etc to the staff, and labours

PROFILE OF THE COMPANY

PROFILE OF THE COMPANY

REGISTERED OFFICE:
Cheran industries,
78\1, Ravindranath Tagotre Road,
Athipalayam Road,
Ganapathy,
Coimbatore-641006.
BRANCHES:
Kerala
Karnataka
Bangalore
Mumbai
Hyderabad.
BOARD OF DIRECTORS:
Mr.P.G.Mahalingam
Mr.P.Mani.
AUDITORS:
Mr.Ramanathan.
LEGAL ADVISOR:
Mr.Ranganathan.
BANKERS:
I.O.B
South India.

PURCHASE DEPARTMENT

PURCHASE DEPARTMENT
INTRODUCTION:
PURCHASE DEPARTMENT plays very vital role in an organization
because; purchasing has its effect on every vital factor concerning the
manufacture, quality, cost efficiency and prompt delivery of goods to
consumers. The head of the department is usually known as the purchase
manager or the supply manager or the supply manager or the chief buyer. All
the spare parts needed for production of motors and pump sets are done only
through this department. It is the responsibility of the manager in the purchase
department to purchase raw materials necessary for production.
PURCHASE ORDER:
Purchase order is sent to the supplier. The purchase department should know
where the supplier is selected based on various details like price, credit time;
delivery etc., based on purchase order the supplier will supply the goods. The
purchase of raw materials are done based on

Right quality
Right quantity
Right source
Right time
Right price
Right place

The raw materials purchased are made in tone, kilograms, numbers and meters.

QUALIFICATION OF PURCHASE OFFICER:

An efficient purchase officer should posses the following qualification.
He should be the person of undoubted integuity.
He should have complete information about the materials which he is
required to purchase.
He should maintain proper documents like price lists,catalogues and trade
journals to help him in finding the best possible market.
He should have good knowledge of import and export procedure.
He should be prompt in talking decisions when exceptional matter relating
to the purchase of materials arises.
He should have a good knowledge of sale of goods act and the Indian
contract act.
He should be aware of the policy of firm relating to purchase of material and
should know the firms financial position and financial resources.

PRODUCTION DEPARTMENT

PRODUCTION DEPARTMENT
INTRODUCTION:
Production is the basic function of an industrial enterprise around which all
other activities of the organization such as purchasing, financing, marketing,
storing, personnel were such as development revolves.
PRODUCTION DEPARTMENT:
Production or operation management is the management of production function.
So as to produce the right goods, in right quantity at the right time at the right cost.
Production department helps to convert the raw materials into finished goods.
PRODUCTION PLANNING:
Production planning is the first and foremost that should be followed by the
company.Without planning a company cant expect to achieve its objectives. It is
concerned with specifying how the production turnovers of the business enterprises
are to be employed over a given future time period in response to the predicted or
forecasted demand for the product as services.

OBJECTIVES OF PRODUCTION PLANNING:

The main objective is to earn profit.
To meet the demand of production, various activities related to production
are
Integrated in a systematic manner.
Workers are motivated by providing then incentives, which in turn the
workers perform to the maximum output.
T o frame principle for tackling common problem by foreman and
executives in day-to-day working.
MANUFACTURING PUMPS:
1. Mini Self Priming Mono block Pumps
2. Slow Speed Domestic Self Priming Pumps
3. Domestic Openwell Monoblock Pumps
4. Agri Openwell Submersible Pumps
5. 100mm Borewell Submersible Pumpsets
6. 150mm Borewell Submersible Pumpsets

MINI SELF PRIMING MONO BLOCK PUMPS

Salient Features:

Self Priming Monoblock Pump.

Specially designed gunmetal impeller.
High water discharge.
Wide voltage operation.

Power : 0.25 HP,0.5HP & 1.0HP.

Speed : 2800rpm.
Discharge range : 10 lpm to 50 lpm.
Head Range : 3m to 30m.
Pipe Size(mm) : 20 x 20, 25 x 25.
Section lift with self priming capacity : 7m.
SLOW SPEED DOMESTIC SELF PRIMING PUMPS
Salient Features:

Regenerating type self priming Monoblock.

Specially designed gunmetal impeller.
Discharge very high.
Wide Voltage operation.

Power : 0.5HP & 1.0HP.

Speed : 1400rpm.
Discharge range : 20 lpm to 60 lpm.
Head Range : 6m to 36m.
Pipe Size(mm) : 25 x 25.

Section lift with self priming capacity : 7m.

DOMESTIC OPENWELL MONOBLOCK PUMPS

Salient Features:

No Priming Problem.
Easy to install.
Available with control panel and cable.
Water cooled and water lubricated motor.
Low maintenance required.

Power : 0.5HP & 1.0HP.

Speed : 2800rpm.
Discharge range : 9 lpm to 42 lpm.
Head Range : 5m to 75m.
Pipe Size(mm) : 25 x 25.
AGRI OPENWELL SUBMERSIBLE PUMPS
Salient Features:

High Operational reliability.

Smooth running.
Free from maintenance.
High efficiency.
Runs even at low voltage.

Power : 3.0 HP to 15.0 HP.

Speed : 2800rpm.
Discharge range : upto 1000 lpm.
Head Range : upto 91m.

These pumps are made up of single shaft or direct couple motor, two suction
parts, polywrap winding and back to back impeller.

100MM BOREWELL SUBMERSIBLE PUMPSETS

Salient Features:
Best substitute for low efficient compressor pumps and jet pumps.
They are water lubricated, water cooled and rewindable motor.
This pumps are used mainly for irrigational of fields, rural water supply,
high rise buildings, industries, and water circulation systems.
Power : 0.25HP & 5.0HP(single and Three Phase).
Speed : 2800rpm.
Discharge range : 12 lpm to 320 lpm.
Head Range : 7m to 157m.
Delivery Size : 32mm, 40mm, 50mm.
150MM BOREWELL SUBMERSIBLE PUMPSETS
Salient Features:
Multistage centrifugal pumps with radial and mixed flow .
They are water lubricated, water cooled and rewindable motor.
This pumps are used mainly for irrigational of fields, rural water supply,
high rise buildings, industries, and water circulation systems.
Power : 3.0HP & 25.0HP.
Speed : 2800rpm.
Discharge range : 40 lpm to 1300 lpm.

Head Range : 9m to 300m.

Delivery Size : 40mm, 50mm, 65mm & 80mm.

SALES DEPARTMENT

SALES DEPARTMENT
INTRODUCTION:
Sales are next main function in an organization. Sales are known as marketing
function. These function include market research, product planning, sales,
forecasting, determination of selling policy etc.
NEED OF SALES ORGANISATION:
In the case of a company Cheran Industries the need for sales organization arises
when
1. The demand of their good bar increased.
2. Orders received are to be handled properly.
3. Outstanding bills are to be collected.
4. Complaints of the customers are to be investigated and if found genuine
are to be attended to the satisfaction of the customer.
5. The marketing conditions should be followed.

IMPORTANCE OF SALES ORGANISATIONS:

It increased managerial efficiency.
It encourages specializations.
It improves the possibilities of rapid growth of the institution.
It performs very function such as marketing research, product planning,
sales forecasting and budgeting, etc.,
STEPS FOLLOWED TO SALE A PRODUCT:
ENQUIRING:
Enquiring is the first step in order executing. After the customer enquiring is
over the quotation will be sent to the party.
QUOTATION:
The quotation will contain the details about the pump manufacturing and its
features and price by receiving the quotation the party will place the order with the
company.

CUSTOMER INSPECTION:
Customer inspection is done then final payment will be made.
FINAL PAYMENT:
When the customer gets the pump and he will make up final payment to the
company. After receiving the payment the pump will be ready for dispatch.
SALES INVOICE:
Sales invoice will be given by the seller and it should be totally in 8 copies.
The sales invoice should contain the details about the time of delivery.

FINANCE DEPARTMENT

FINANCE DEPARTMENT

INTRODUCTION TO FINANCE DEPARTMENT:

Financial management is the managerial activity which is concerned with
the planning and controlling of the firms financial resources. Finance is the
language of the business. It means the way in which a firm communicates with the
outside world including the proprietor about the result of the business through
accounting statements. The subject of financial management is of immense interest
to both academicians and practicing manager. It is of great interest to academicians
to take financial decision.

NEED FOR FINANCIAL STATEMENT:

The investor can not properly judge the opportunities and link of investment
alternatives to make informed decisions investors rely on a variety of information
including data on the economy, various industries, companies and products
complete information provided by competent resource enhances the probability
that the best decision will be made.

USE FOR FINANTIAL STATEMENT:

A companys financial statements can be used for various purpose:
As analytical tool.
As a management report card.
As an early warning signal.
As a basis for prediction and
As a measure of accountability.
OBJECTIVES:
To acquire adequate fund required for achievement of the objective and
determine the optimum mix of obtaining funds.
To ensure that the fund available to the company are used in the amount
profitable manner.
To ensure that the profit earned may the company are disposed of to the best
advantages of the share holders and company.

FUNCTION OF THE DEPARTMENT:

1. Collecting all information from various departments passing vouchers and
Posting them in general ledger.
2. Preparation of finance balance sheet and monthly comparison statement
every month.
3. Comparison of several accounts.
4. Checking cash flow position.
5. Taking care of the insurance policy.
6. Verifying and connecting of production statement from the sales and
clearing stock.
7. Preparation of profit and loss account and balance sheet at the end of the
year and connected schedules after making necessary provisions for
taxation, dividend, etc.,

ROLE OF FINANCE:
It may be noted that there is a considerable change in the role of finance
due to the increasing price of industrializations technological innovations
increased governmental regulations and widened merchants.

ACCOUNTING:
This is what are converted immediately after having raised the funds any
businessman or company would like to keep an account of the funds raised and
the funds invested and used accounting, therefore covers three basic aspect of
business. The father of accounting is Louicko Pacioli.

FINANCIAL ACCOUN TING:

Finding out what is the profit or loss of the company for the period and the
financial position as at the end of the period.

COST ACCOUNTING:
Determining the cost of each product and services of the company with
a view to identify areas where costs would be controlled and profits masimized.

MANAGEMENT ACCOUNTING:
This involves an analysis of accounting information for managerial
decision regarding product mix, make or buy, etc., the accounting system in the
company is fully dine in a computerized from the main purpose of the Financial
accounting: system in the company is to record business transactions in the books
of accounts in such a way that operating results for a particular period and financial
condition on a particular period and financial conditions.
DELIVERY CHALLAN:
Delivery note is prepared when the product are dispatched and sent for
distribution.If there is any remark it should be mention in the concerned column.
TNGST can be abbreviated as Tamilnadu general sales tax and CST can be
abbreviated as central sales tax..
ACCOUNTS MAINTAINED IN CHERAN INDUSTRIES:
1. Financial accounting
2. Cost accounting
LIFO (last in first out method)
FIFO (first in first out method)

DELEVERY NOTE
TIN.NO : 33772200792
CST.NO : 643027
DATE : 01.04.1995
CHERAN INDUSTRIES
78/1,Ravindranath tagore Street,
Athipalayam road , Ganapathy-641006
Tamilnadu ,India
To

Bill.no :--------Date :---------L.R.no:----------

----------------------------------------------------------------------------------------S.No

Description

Quantity

Remarks

For Cheran Industries

INVOICE
TIN.NO : 33772200792

CST.NO : 643027

DATE

: 01.04.1995

CHERAN INDUSTRIES
78/1,Ravindranath tagore Street,Athipalayam road ,
Ganapathy-641006,Tamilnadu ,India
Phone : 0422-2537398,2533272
E.mail : cheranmotors@eth.net
To
M/s_______________________
__________________________
__________________________
Sl.no

Description

Marking & serial.no :

Carrier no
:
Freight
: To Pay/Paid

Bill.no : ________
Date : ________
L.R.no : ________
Qty

Unit Rate

Vat
Cst

Amount
Rs

Ps

: ___________
: ___________

(Rupees in words____________________________________________________)
Prepared By

For Cheran Industries

Authorized Signature

VOUCHER

Company Name : ____________________

Address
: ____________________
____________________

Date : _______

Name of Account : ___________________

Paid To
: ___________________
Rupees
: _____________________________Towards ______________
__________________________________________________

Payment
Rs.____________

Received

Stamp

Payee

BOOKS MAINTAINED IN CHERAN INDUSTRIES:

There are so many book are maintained in this industry. These helps the
Management to see progress of the industry. The names of the books Mentioned
are as follows.
1. Journal
2. Ledger
3. Cash book
4. Purchase book
5. Petty cash book
6. Sales book
7. Trading and profit and loss account
8. Balance sheet
9. Trial balance

STORE DEPARTMENT

WORK STANDARED SHEET

1

Material received by supplier

Supplier D.C(Delivery chellon)

Verification of Material

Supplier D.C Security

Preparation of G.R.N

Income material

Material sent to inward store

Security tag

G.R.N passed to Q.C

G.R.N(Goods Receipt Note)

Accepted material & Entry in Bin card

G.R.N(Goods Receipt Note)

Completed the G.R.N

G.R.N(Goods Receipt Note)

Work order received from Employee

--------

Verification of B.O.M(Bill of Material)

--------

10

Material issued to assembly

Work order

11

Issued material entry in Bin card

B.O.M & work order

12

Below minimum balance Bin card

Bin card

13

Stock verification in day by day

-------

MARKETING DEPARTMENT

MARKETING DEPARTMENT
INTRODUCTION:
The word Market is derived from the Latin word Marcatus meaning
Merchandise, wares, traffic, trade or place where business is conducted. The
essence of marketing is an exchange or a transaction, intended to satisfy human
needs or wants. The aim of marketing is to make sales in order to earn reasonable
profit for the contacts. Marketing involves the flow of goods and services from the
producer to the consumer and concerned with the people and activities.

FUNCTION OF MARKETING:
Clark and Clark divided the marketing function into three major groups:
Function of exchange.
Function of physical supply and facilitating function
Thus the marketing functions are classified as under for the present purpose:
EXCHANGE FUNCTION:

 Buying and assembling

Selling.
PHYSICAL FUNCTION:
Storage
Transport
FACILITATING FUNCTION:
Financing
Risk-bearing
Standardization
Market information
Promotion.
MARKETING RESEARCH:
The American marketing association defined marketing research as
the gathering, recording and analysis of all facts about problems relating
to the transfer and sale of goods and services from production to consumer.
Marketing research helps solving problems.It is used in wide scope
and grater importance and includes marker research.Market research is only
a part of marketing research.

BUDGETARY CONTROL:
Budgetary control is applied to a system of management and accounting
Control by which all operations and output are forecasted as for ahead as possible
and actual results when known are compared with budget estimate.
ESSENTLALS OF BUDGETARY CONTROL:
1. ESSENTIALS OF BUDGETS:
Establishment of budgets for function and section of the Organization.
2. EXECUTIVE RESPONSIBILITY:
Executive responsibility in order to perform the specific tasks so that
Objectives of the enterprises many be attained.
3. CONTINUOUS COMPARISION:
Continuous comparision of actual performance with that of the budget so
as to know the variations from budget and placing the responsibility of executives
for failure to achieve the desired result as given in the budget.
4. REMEDIAL ACTION:
Taking suitable remedial action to achieve the desired objective if there
is a variation of the actual performance from the budgeted performance.

5. REVISION OF BUDGET:
Revision of budget in the light of changed circumstances.

OBJECTIVES OF BUDGETARY CONTROL:

1. PLANNING:
A budget is a plan of the policy to be pursued during the defined period of
time to attain a given objective. It will force management at all level to plan in
to me all activities to be done during the future periods.
2. CO-ORDINATION:
The budgetary control co-ordinate the various activities of the firm and
Secure co-operation of all concerned so that the common objectives of the firm
may be successfully achieved.
3. CONTROL:
Control consists of the action necessary to ensure that the performance
of the plans and objectives ; control of performance is possible with predetermined standards which are laid down in a budget.

TYPES OF BUDGETS:
Different types of budget have been developed keeping in view the
different Purposes they reserve. Budget can be classified according to
1. The coverage they encompass.
2. The capacity to which they are related.
3. The conditions on which they are based and
4. The period which they cover.

SALES FORECASTING:
INTRODUCTION:
Forecasting means peeping into the future. Forecasting enables the
formulation of the plane of action on the basis of anticipated future events where in
the proximate events are outlined with the greater distinctions.
IMPORTANCE:
Sales forecasting is important in production field and the production
System revolves around this concept of sales forecasting production activities
are planned according to the sales estimates.The buying, selling, storage,
packaging etc., all the marketing activities are also planned accordingly.

Thus sales forecasting is an important tool for controlling the business affairs.

NEED FOR SALES FORECOSTING:

Sales forecasting acts as a guiding factor for a firm because it enables the
firm to concentrate its efforts to produce the required quantities at the right time at
reasonable price and of the right quality.
OBJECTIVES:
1. Sales forecasting formulates a suitable production policy so that problems
of over production may not arise.
2. It makes provision for the regular supply of raw materials for production
on the basis of estimated sales.
3. Helps in maintaining flow of production and minimizing the cost of
holding inventory
4. Helps to utilize the available machine to their maximum capacity.
5. Helps in setting the sales target for different market segment on the basis of
Which control can be exercised
SALES FORECASTING:
The activities such as production activities price policies, personnel
policies etc.,as to recruitment transferpromotion,training wages etc., can be done
effectively only with the help of sales forecasting.

HELPS THE MANAGEMENT TO TAKE CORRECT DECISION:

It helps the management well in time and thus avoiding unnecessary
hand ship to the firm. It also helps in reducing the wastage of men, materials
machines etc., due to proper planning thus it measures the correctness of
management decision.

ACHIEVEMENTS

ACHIEVEMENTS

1. They satisfy the customers by their products.

2. They give good quality of products to the customer.
3. We had system of 2 workers and 1 working machine because of the quality
Of the product, support of customers and dealers.
4. Now we have our own building and have been increased to 40 workers.
5. More facilities are given to the employees.

FUTURE PLANS

FUTURE PLANS

1. To increase more and high technified product to give good quality product
to customers and also to increase customer service support.
2. We have planed to change our machineries to high variable speed
Machineries.
3. To improve marketing ideas and to give more advertisement in media to
Attract customers.
4. To satisfy customer needs and wants according to their taste and
Preferences.
5. We have planned to established new branches and dealers.

CONCLUSION

CONCLUSION
In this one month training we learnt lot about an INDUSTRIAL TRAINING
PROGRAMME given by CHERAN INDUSTRIES.

The industry has

contributed tremendously towards the enlargement for our knowledge and

experience in the industries management process of motors and pumps. A
part from doing practical work in Purchase, Production, Finance, Sales,
Marketing Department etc., on the whole the programmer was an excellent
success and helped to enrich our experience in practical office work.