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A Report of
GUJARATMITRA PRESS
Gujaratmitra Bhavan, Sonifaliya. Surat - 395 003
:: Training Period ::
1st May to 30th June 2007
:: Prepared By ::
Daruwala Dipansu H.
S. Y. B.B.A. Roll No. : - 18 :: Submitted To ::
Prof V.B. Shah Institute of Management & R. V. Patel College of Commerce Amroli
CERTIFICATE
This is to certify that the summer training Report at Gujaratmitra Submitted by Lad Tushar B. in Partial Completion of S.Y.B.B.A. to Veer Narmad south Gujarat University & Prof V. B. Shah institute of Management & R. V. Patel College of Commerce has been prepare report under our Supervision and Direction.. Date:/ /2007
Guided By :-
PREFACE
The Career of the Person depends upon many things. One of them is the knowledge. He/She acquires through theory is not sufficient to develop. His/Her personality and to develop some skills, but now a days , it is no more. Practical training is necessary to implement the theories & acquire the knowledge, Prof. V. B. by Veer so for this purpose our institute Shah Institute of Management Narmad two South Gujarat for any months of summer
affiliated
is necessary theory
student. That is in order to sharpen our skills the and practice. training at Gujaratmitra Pvt. Ltd.,
is
made
with its
clear
of Gujaratmitra, My report
working. you I
report
brief details of all the provides the various department affairs and working. from the staff
current
members. I hope so this report fulfill need of the educational requirements. The last Weaknesses, organization.
Gujaratmitra Pvt. Ltd. 3
part of the report is the SWOT analysis. Strengths, of Opportunities and Threats
Lad Tushar B.
S.Y.B.B.A. Roll No. :- 50
ACKNOWLEDGEMENT
I am very thankful to Veer Narmad South Gujarat University for conducting a summer training part in our BBA syllabus which increase our practical knowledge. I express my sincere thanks to all teaching and non-teaching staff members for their guidance and help whenever I required. I express my heartiest gratitude to people in the GUJARATMITRA Pvt. completion of my training. It would been possible without their help, guidance and co-operation. Especially to Person:- Mr. Bharat Reshamwala ( Managing Director ) - Mr. Ruchir Reshamwala ( Business director)
Mr. G. P. Solanki to allow me to undergo training the in GUJARATMITRA. Mr. Raju Patel and Mr. Nitinbhai for the permission of undertaking the study. Mr. Solanki provide me guideline how to make a good report.
Mr. Raju Patel (production), Mr. Nitinbhai (finance), Mr. Ramesh Patel (Packaging), Mr. Atindar Zaveri (Advertising), Mr. Jignesh (Process) for giving me necessary information related to the department at which they are working and giving their valuable time for guiding and providing lots of information concerning. Mr. Anand to one and all who have directly or indirectly helped me to make my training fruitful.
Lad Tushar B.
S.Y.B.B .A. Roll No. 50
CONTENTS
Sr. No 1. 2. 3.
Gujaratmitra Pvt. Ltd.
P. No. 07 18 37
4. 5. 6.
44 57 71
Chronology
Established in 1863, the Gujaratmitra is one of the oldest newspapers in the country. A weekly named was keep an Gujaratdarpan and it merged in 1894 with the Gujaratmitra & Gujaratdarpan. Initially started as a weekly in 1936 the paper was converted into daily. The spirit of loyalty and missionary zeal established by its founder Dinshaw Ardeshir Talyarkhan was at its zenith during the freedom struggle and has been maintained even today. Gujaratmitra Regd. No. GSR 06 RNI No. 1597/57.
In 1998, the alliance of the Reshamwala family with the Gujaratmitra completed its 100 years as Shri Uttamrambhai Reshamwala joined it as sub editor in the 1898. And a Deeply concerned about these noble and idealistic policies of the paper and its future, in 1920, the aging and feeble Parsi owner could not find anyone more worthy and a devoted than a Shri Uttamram Reshamwala and urged him to Purchase the press and takeover
the reins of the newspaper. Since then the Gujaratmitra belongs to the Reshamwala family. In 1937 Mr. Pravinkant , the younger son of Shri Uttamram Reshamwala had to take over the reins of the newspaper at the tender age of 19 years on the suddenly and untimely the sudden and an untimely demise of his elder brother Shri Champaklal. With his Strong determination, very Progressive policies and devoted love towards the Gujaratmitra, the late Mr. Shri Pravinkant Reshamwala nurtured the paper to a high sound footing. After his demise in the Gujaratmitra is in the hands
region and one of the oldest in the country. In all these years it oldest in the country. In all these years it has earned a lot of the fame not only in south Gujarat but also in the rest of the state because of its reliability and credibility. Its unbiased news and the unbiased views have been respected by one and all. With an average daily circulation of around 1,00,000 Copies. It is not merely a newspaper, but has become an precious institution for the people of south Gujarat where it has penetrated not only the region but also the minds and hearts of its readers.
LOCATION OF OFFICES, BRANCHES & FACTORIES :In Surat, Gujarat Mitra has main office and their other branches in different cities. There are required at bellow:-
HEAD OFFICE
Other is at
:-
Puna Kumbhariya,
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:-
Gujarati
Branches
MUMBAI
BARODA
shopping
:-
NEW DELHI
:-
J. S. Malhotra, A/4, Nabha House,Collage road, New Delhi- 110001. Ph. 011-23711016, 23710727
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CALCUTTA
:-
Amarjat singh multani, S/1, Bonded road, Calcutta. 700019. Ph. 033-2808784
CHENNAI
:-
Mr. P. K. Viswanathan, 79, Shantiniketan Colony, Madamparkkam, Chennai- 600079. Ph. 044-2375088
BANGLORE
:-
Mr. M. Sathiyavel, 1st floor, 125, kakayappa Layout, A-cross Nanja Reddy colony, Marugeshpalaya, Hal road 560017. Ph. 080- 5260811, 5275169
PUNE
:-
Mr. Narendra Shinde, 759/ 12 A, Gymkhana, opp. Lucky Restaurant , Lane, Pune 411004. Ph. 020- 370474
They have not any separate factory but in their main offices or branch they are producing their news paper and than they are distributing it.
EDITIONS :-
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Though, it is published from just one center Surat. It has separate Baroda edition which is also published from
Surat. The Mumbai edition also printed here at surat.,so there are mainly this cities edition printed here. [1]. Surat [2]. Baroda [3]. Mumbai The surat edition gain has two sub editions i.e. the city edition and the up country edition. While the Baroda edition has a two sub edition i.e. the city edition and the north Gujarat edition.
These are the cheapest price of the news paper then any other.
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CHRONOLOGY :-
1863 :- Established as Suratmitra. 1864 :- Changed into Gujaratmitra to increase the scope. 1894 :- Gujaratdarpan was amalgamated, so the newspaper began to be known Gujaratmitra & Gujaratdarpan. 1920 :- Shri Uttamram Reshamwala took over the newspaper. 1936 :- Gujaratmitra become a daily newspaper from a weekly. 1937 :- Shri Pravinkant Reshamwala editor at the age of 19. 1953 :- Gujaratmitra changed to a web fed Rotary Flat bed machine sheet fed one to be able to offer more no. of pages with
Gujaratmitra Pvt. Ltd. 14
a higher Speed. 1963 :- Gujaratmitra started using a high speed stereo Rotary machine to cope with the rising print order. 1968 :- New unit added was to the machine, which gave gujaratmitra the capability to give more no. of pages. 1981 :- Gujaratmitra was an imported a converted second hand Di-litho Machine from U.S.A. to replace the old Letterpress technology. 1983 :- Shri Bharatbhai Reshamwala took over as the editor after the demise of Shri Pravinkant. 1986 :- Gujaratmitra changed to computerised Photo Type Setting from the conventional Hand Composing. 1987 :- Gujaratmitra imported its first offset machinary from Germany, made Plamag, Considered to be a state of the an art equipment that could give world Class colour printing. 1990 :- Gujaratmitra become an one of the first daily newspaper in the country to an introduce the Full - Page maker, which was a Step towards eliminating the the Paste - up. 1991 :- Gujaratmitra brought in a new and high-speed offset machine, which had more units to Print more no. of pages with higher colour capability. 1992 :- Gujaratmitra became one of the very few daily newspaper,
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which had an in-house colour scanning and separation facility. 1996 :- Gujaratmitra started its Baroda edition by publishing it in the Surat and distributing it in Central Gujarat. 1998 :- Gujaratmitra imported its new first Heat-Set Printing machine, which would give the newspaper capability to print glossy Pages. 2002 :- Gujaratmitra imported its first binding machine, which would give the newspaper, capability to print in magazine format. 2004 :- Gujaratmitra started its Mumbai edition by publishing it in its main branch Surat and distributing it in Mumbai. 2005 :- Gujaratmitra held Educational event for the doubt clearing about GUJ CAT. 2007:- An editor of Gujaratmitra awarded by the hand of Narendra modi, because of good &loyal work in the organization since last 15-17 yrs
ORGANISATION STRUCTURE
Gujaratmitra Pvt. Ltd. 16
Chairman
Managing Director
Directors
General Manager
Production Manager
Personnl Manager
Financial Manager
Account Manager
Export Manager
Marketing Manager
Officer
Officer Import
AAO
Clerk
Officer Clerk
Export Officer
Worker Peon
Peon Peon
JR clerk
Peon
Clerk
Clerk
Peon
Peon
Helper
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Production Structure Purchase Procedures Receiving Material Procedure How the Production Plan is Prepare for sales Gujaratmitra? Analysis of Plant Location considering various factors. Material Handling Process in Gujaratmitra Inventory Control Inventory Control Operation in Gujaratmitra Techniques of ABC Analysis in Gujaratmitra in
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PRODUCTION STRUCTURE :-
PRODUCTION MANAGER
SUPERVISOR
WORKER 1 ON MACHINE 1
WORKER 2 ON MACHINE 2
WORKER 3 ON MACHINE 3
WORKER 4 ON MACHINE 4
WORKER 5 ON MACHINE 5
WORKER 6 ON MACHINE 6
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PURCHASE PROCEDURE :Gujaratmitra is very big Organization which is located at Surat. Gujaratmitra is a Printed Press. Its work is Print the Newspaper and sell in India. So Gujaratmitra has not a lengthy and long purchase procedure. Because the Gujaratmitra not Considered a Purchase Procedure of Raw material. The supplier of the Gujaratmitra Press is fix so the quality or price problem is rarely arises. At that time it has no need for a Serious Procedure. In this organizations general Manager is give a order on a telephone or by using of fax or by using mail then after the supplier supply the Raw material; to the Gujaratmitra. After some duration a Managing Director pay the money to the Supplier. Then General manager and Production In charge of the company discuss about the raw material and calculate or imagine the stock of Raw material. But after supply of the raw material any mistake done or there is a problematic row material comes then Manager inform the supplier about the Product.
[1]. Need of the Organization :Gujaratmitra is a big organization and it make a Newspaper. So it needed to many types of material for these Processes. The Press Gujaratmitra purchase a Paper roll in Kg. And Camlin ink in different colour , Purchase in some quantity of Chemicals and oils for machinery. Manager calculate the need of material and adjust identify the Purchase.
[2]. Identify the potential Supplier :In this step Organization find the supplier according to their need. Then contact him and then decide what is right. Then to supplier with a talk by a telephone them and bargaining with them about the Price, Quantity and Quality.
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Managing Director and a Production Manager select a suitable or appropriate supplier. And choose a supplier should be good and honesty it is essential for the company. And who has provide a Good quality, quantity and Price. Its a necessary stage because we built a future relation with them.
[4]. Order of Purchase :Finally the Director and General Manager of the company put a order according to the companys need. If Raw materials quality is not good that time it is returned by the General Manager. But Raw materials are goods for Production that time it is continuously order or Purchase.
[5]. Due of Payment :Due of Payment means time lag of Payment. If a due of Payment is more days it easy for the company. And it is easily full filled its requirement. So due of payment is plays very important role in the organization.
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RECEIPTS OF PURCHASE
Signature : _______________________
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And it must be non effective so all member of this departments members and workers are protect from Chemical.
PLATE FILMS ( STEEL) :This is the internal requirement of company which develop according the need of the Gujaratmitra. The Gujaratmitra daily published 100000 copies, so head of production department adjust the production from the volume of sales and then assume the raw material requirement. Firstly on the plate film, there are printing a news which news they want to print ,then after this plate is adjusted in the machine and the picture and news are printed. If it is printed by colour or black but its arrangement is on plate films.
ANALYSIS OF PLANT LOCATION CONSIDERING VARIOUS FACTORS :Plant location of Gujaratmitra had been established by Reshamwala who is director of the company in 1863 at Surat. So it is very difficulty to know the factor considering plan location. But from the view point of General manager of Gujaratmitra, the factor that affecting the plant lay out is as follows :
[1]. PRODUCT:Gujaratmitra is a daily newspaper. So the newspaper published routine. Everyday company print 90000 to 100000 of newspapers. So it is huge product for the company. So Gujaratmitra chooses a product lay out. And now it is very successful company in the newspaper.
[2]. GOVERNMENT RULES AND REGULATION:There are some government rules which honestly adopted by Gujaratmitra which are as follows. Company has a good freshening facility in the factory, safety provision in the factory for their workers. In every organization government rules are adopt to every Organisation.
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[3]. FACILITY FOR MALE & FEMALE EMPLOYEES:Gujaratmitra also focus male and female facility like Sitting room, offices , Cabin etc are separately created in the for male and female. In Gujaratmitra many workers that is Male and female are working in the organization. And other facilities is given very good comparatively other company.
[4]. GENEREAL FACTOR:In Gujaratmitra, huge and heavy machines are at a ground floor, means the production department is at a ground floor. And advertisement, circulation and administration department are on the middle or top floor. And that is created like as big or modern offices and in this other facilities are good in the company. And the warehouses of the company are also on the middle floor.There is a arrangement of elevator for uplift the row material or finished goods.
[5]. TYPES OF MACHINE OR EQUIPEMENT :In Gujaratmitra Many Machines are Located but at plant are locate there are safety are require. And also see that which type of machine are there so how they work on machine and other equipment also seeing because its a part of the Production Department. Because many workers are working on the Machine and also we know how much Space are required and enough to locate machine and other equipment.
(A) TOSHIBA
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In Gujaratmitra the Machine of TOSHIBA is very big and a company need to more space for this machine in this organization. The Toshiba have large production Capacity, so the company use this machine for the news papers title production, the Toshiba have 40,000 to 45,000 printing capacity to production per hour. And at that time it is very easy work for the company. The Toshiba machine has import from the Japan, since 2000 - 2001. A company start production at the 12:30 still two hour. The production start like this, first the computer operators are make the computerized plate films on the bases of news and color which they want and this plate input in the machine and also set the paper roll in the machine. After sometimes. This machine is operated by technician who has fully known about the machine. This machine handles by the ten to twelve workers very carefully.
Gujaratmitra Pvt. Ltd. 26
It is another important machine in GUJARATMITRA. And it is not require more space in the organization. The Fast 300 machine have a medium capacity of the production, it have 40,000 to 45,000 capacity of production, so the company use it for the supplementary production. The supplementary production started to two or three day before, for e. g Mondays supplementary produce before two days. The supplementary plant is near Magob in Bhagyoday industries, Near Puna jakatnaka,surat.
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The Gujaratmitra have one folder machine, for the folder the extra page. It is very small machine and not a require a more space. This machine is not only folder but also binding the product. And one more benefit of that is in this procedure very few workers are require in the organization.
SYSTEM
IN
Material Handling is defined as controlled movement of material, from receipts, through storage and production and upto the shipment of finished product. And it is concerned with the internal movement of Material.
Material handling equipment in concerned with the Internal movement of the Material. Whereas logistic is the discipline which is concerned with external movement of material from supplier and supply of finishing product to the department , branches or the customer are the subject covered by logistic.
FUNCTION OF MATERIAL HANDLING SYSTEM: [1]. Storage and Preservation :Storage means Keeping physical custody of Material, Where as Preservation means quality or quantity of stored material intact. There are many functions in store area like receipts of raw material from supplier, quality checking of raw material, rejection of raw material, stock accounting functions, issue of raw material, spare Parts and consumable, stationary items to various user department. It is therefore necessary sometimes to make internal movement of material even in the store.
[2]. Transportation :To facilitate production, raw material has to travel across various departments and has to be processed a different work station. This become the major and the most important function of Material Handling
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Meaning :Material handling equipment is a control on a material through storage and transportation. Because in this process its uses are more in the Organisation. Gujaratmitra is a press, so Gujaratmitra does not produce higher weightage product. So this is not using heavy material handling equipment like cranes, elevator, pipeline, robots, and other equipment. . But stand are available for put and take the Printed Newspaper. So work are very fastly at time in that Place. Gujaratmitra has a six product machine and one folding machine at a ground floor at Main office which is locate at Surat. So there is no need to internal transportation. Generally most of material handling activity is done by manpower. So there is no need of other material handling equipment in production department. Only conveyer belt is use as a material handling equipment. But when a general manager orders the raw material, the raw material supplier by trucks, tempo or any other vehicle. When raw material is turn into finished goods it supply to customer as a same way. In this six machine all Machine are working for Print and completed the Newspaper so condition of these machine are fightable.
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MAINTENANCE PLANNING SYSTEM:There is a need of servicing and maintenance for the various capital assets of the company. It is impossible to carryout production activity when machine required and maintenance. In that sense maintence is an unproductive activity. If proper planning is not done in this activity, it creates very heavy production loss. There are two approaches of maintence planning system.
PREVENTING PLANNING :-
In preventing planning, maintenance programme of various machines is determine in a way that maintence activity is generally done in holiday or on demand of the product manufactured by the company is less.
CORRECTIVE PLANNING :The corrective maintence planning is the result of some wrong signals given by machineries such as reduction in output, high power consumption, decline in quality etc. This approach is not a scientific. In preventing maintence the maintence staff trying to prevent break down of machine that is why it is called preventive maintenance following steps are as under. So company must care about the machinery in the company because this is companies responsibilities. So protect the Maintenance expenses at time run following steps : To make a schedule or table for machine number, day, date. To Check the outside Part of the Machine.
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To Check the oil level, belt and guide ways. To Check the setting of the all Machine. To Control the machine & other equipment when it is running At the time of continuous process.
To See the any accident are happening at the time of Process. To inspect the Machinery and other Parts.
INVENTORY CONTROL :Inventory mgt. is the most important point in the any company because inventory mgt. means blockage of money so how to manage the inventory its important thing or matter. How much quantity require & when new order placed so our daily production system does not damage or become unbalanced. If in any company inventory mgt. is not proper, it directly affect the production system & alternate it affect the customer demand.
OPERATION
IN
GUJARATMITRA being a process industry holding those items having substantial value is need to apply scientific methods of inventory control. We are require a items for daily uses. The items thus identified are review periodically to find out the consumption. So that average level are fixed reviewed. Whole inventories are classified into three groups. The classification is based on the annual consumption value. The groups of classification are as under based ABC Analysis.
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Category A B C
Material
ITEMS
% IN TOTAL ITEMS
% IN CONS. VALUE
70 % 20 % 10 %34
80 % 15 % 05 %
total units of all items and the percentage to total of each items to total value of all items.
Categories A , B and C .
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- Surat edition - Baroda edition - Mumbai edition So here problem is create how to manage production process. So as a solution Gujaratmitra produce its edition accorading to a distance wise because which distance is far away ,given to the first preference for printing. So here at gujratmitra starts printing from the Mumbai edition, thenafter Baroda &lastly they printed Surat edition. So this way they are manage the production system.
36
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INTRODUCTION :Marketing is usually seen as the task of creating, Promoting and delivering goods and services to consumers and Businesses. Marketers are skilled in stimulating demand for a companys products, but this is too limited a view of the tasks Marketers perform. Just as a Production and logistic professional are responsible for supply Management, Marketers are responsible for demand Management. Marketing managers seeks the level, timing, and composition of demand to meet the orgazanizations objective. Marketing people are involved in marketing 10 types of entities: Goods, services, experience, events, persons, places, properties, organizations, information, and ideas.
:-
The Marketing concept emerged in the mid1950s and challenged the proceeding concepts. Instead of a productcentered, make-and-sell philosophy, we shift to a customer centered, sense-and-respond philosophy. Instead of hunting, marketing is gardening. The Marketing concept holds that the key to achieving its organizational goals consist of the company being more effective than competitors in creating, delivering, and communicating superior customer value to its chosen target markets. - The Marketing Concepts rests on four pillars:- (I) Target market - (ii) Customer Need - (iii) Integrate marketing - (iv) Profitability
[1]. Sales force Training :Organisation has a Permanent employee. So Company recruit more employee. But recruit an employee for short term / Long term. And when company recruit new employee at time Senior
Gujaratmitra Pvt. Ltd. 38
member of the organization give a training to an new recruiters. Training involves change in attitude, behaviour, knowledge, skills.
[2]. Record of Customer base :It is depend on Subscriber and agent. Subscriber collect a premium for how long time and note down an address of daily customer. And agent note down a record a number of a copy, rupees, remaining premium.
[3]. System approaching customer :It is given by a gift, lucky draw, give a better quality paper, better satisfaction, give an exciting news, attack a customer by the colour picture and big front on the first page. And also which information it is not boring for a reading. Also provide a Supplymentry ( Purti ) and it should be interested.
[4]. Area :Gujaratmitra covers a wide area of Gujarat and its main or other district, city, village and also covers a other area. But a main city like as a main branch office at a Surat but also provide in Baroda & Mumbai
[5]. Follow up System :Its networking or channels of distribution is mention here. office to agent, agent to whole sellers, whole sellers to retailer and then customer so agent , whole sellers , retailer , customer are involves in this process. Gujaratmitra sells a 90,000 to 1,00,000 copies per day. In last two years its selling raises 25% to 30%. But its target is selling a more and more copies in future.
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CHAIR MAN
MANAGING DIRECTOR
DIRECTORS
BRANCH MANAGER
SURAT MANAGER
AHMEDABAD MANAGER
BARODA MANAGER
DELHI MANAGER
CALCUTTA MANAGER
PUNE MANAGER
MARKETING MANAGER
AGENT
SALES MANAGER
SALERS
VENDORS
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Advertising :- Basic Advertising Rate:In Gujaratmitra Per Page eight column is come mean that per page is divided into eight column. So advertisement rate is differentiate on different page and its basic rate is given below. - Basic rate per column 1 c.m Rs.425 - 100 % extra means charges will double it is Rs.850 - 50 % extra for last (back) page - on special page 25 % extra and then 25 % extra on special place on special page. - For colour print charges will 100% extra for color head. - For Tachukadi jaherkhabar :- ( Vacancies ) On this page Per letter Rs.2 For Gujarati language and for running Matter its Rs.1 Per letter and other language charges will double. - For any other Advertisement like as Besanu, Avssan, Sradhdhanjali, Prathnasabha means after death processes the charges will Rs.80 Per column per c.m. upto 10 c.m. on last page 50 % charges will be extra. But it mean that Charge is Rs.1200. - Advertisement is comes by Agent, centres and direct Office and then printing press is given commission to Agent & Hawkers. - By advertising one thing is possible that is Suppose selling may raises and thing is more and more sales of companys Product.
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- More selling by the Public survey so we know that the Customer has prefer which type of product they like and also attracted by new schemes and Guaranteed Gift but do not give any Guaranteed gift again its competitors even there is no problem face Gujratmitra like sales become decrease.
Distribution Channel :-
Distribution channel can be defined as a set of interdependent institutions participating in the marketing activities involved in the flow of goods or services form the manufacturer to consumer. ---: Gujaratmitra considered as channel components are :--a.) All merchant middleman such as whole sellers and retailers. b.) All agent middleman such as commission agents and brokers. c.) All other facility agencies e.g. Advertising agencies. Channel of distribution in Gujaratmitra are as following :
Hawkers
Local
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[1]. Company - Agents :In Gujaratmitra the news paper are Printed by information that is get on the whole day. A reporter collected information on different different Places and give at main centers. It may be any way that is by telephone, fax, mail and local reporter gives information directly at the office. And at a night all information are printed on paper and early morning it will be distributed at a night the few news papers are distributed because it is distribute at different different places like as the district if Surat and other places or villages. Now it is send to Mumbai and main edition at Surat, Baroda and Mumbai. And channel is after printing process News papers are sends at a Gujaratmitars centers and then distributed at other sides.
[2]. Agents Hawkers:When news papers are came to agents then after the whole news paper are distributed to Hawkers and then Hawkers are distributed to local customer. These process are continue for daily. And it is very easy for customer no grievances are not come at any time. And customer are easily get the news paper at early morning.
[3]. Hawkers local Customer :When hawkers are get the news papers then they are distributed to local customer. And it is best way to get copies of news paper very easily. And these channels are very important for local customer because to given copies to customer it is responsibility of hawkers. So we can says that it is very important channels of distribution. THIS ALL ARE THE EARLY MORNING ACTIVITIES
Gujaratmitra Pvt. Ltd.
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Organization Department :
Human
Resource
Management
Personnel Manager
Clerk
Technical Session
Peon
Workers
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In Gujarat Mitra, first of all it will decided that how many numbers of Personnel are to be needed. What type of personnel is contacted? Sometimes they demand for managers, supervisors, helpers, informers, news reporters, engineers etc. Therefore types and skilled of personnel required in their organization.
2. Strategy development:After deciding the planning for recruitment they decide the order from where they will get their employees. They will get their professionals, regional or local for technical workers and local market for blue collar employee. How to look: Internal recruitment: External recruitment:Internal recruitment: Present employees Employees referred Former employees Previous applicants External recruitment:-. Professional association Advertisement Employment exchanges Campus recruitment
Gujaratmitra Pvt. Ltd. 46
Walk ins, Wright ins, talk ins Consultants Radio & television Competitors Acquisition & mergers
When to look: They have start finding the employees before two months ago from their required time. They have to decide some days for different type of qualities like for: Invitation for interview issued. Arranging the interviews Organization can make up its mind Applicant offered jobs to makeup their minds Accepting offers to report for work. These all are suggest that vacancies must be advertised two months before they expected to occur. 3. Screening: In this step they screen the employees, whether they are capable to do the job or not. From this step they remove many applicants from recruitment process. 4. Evaluation and control:In this step they decide about
Gujaratmitra Pvt. Ltd. 47
Salary for recruiters Mgt & professional time spent Administrative exp
PROCESS OF SELECTION:-
Primary interview: In this interview the general question is asked and checks the capabilities of the applicant. Objective of this step is to select good applicants for the test. Selection test: Jobbers who pass the preliminary interview are called for selection tests. Different type of tests may be administrated depending on the job and company. Generally tests are used to determined the applicants ability, attitude & personality. Employment interview: In regarding the particular job and general knowledge questions are asked to the applicants. The objective of the interviews is to obtain additional information from the applicant. To give general information to applicants such as companys policies, job, products manufactured and the like and to build the companys image among the applicants.
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Reference & back ground checks: In Gujaratmitra after taking the interview they have to checked reference & background of the applicant. They checked out by letters of reference or telephone reference.
Selection decision: After search information through the preceding steps, selection decision is made in Gujarat Mitra. The final decision has to be made from the pool of individual who pass the tests, interviews and reference checks. HR manager plays a crucial role in the final decision. Job offer: Job offer is given to those applicants who have crossed all the previous hurdles.
Contracts of employment:Generally the information given to the new employees are as follows: Job title Duties Rate of pays Hours of working Work rules Therefore in Gujarat Mitra have to provide good personnel staff.
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DEMOTION: In Gujarat Mitra there are also required the demotion program. In their organization who are not doing efficiently work there are get demotion from company. It is the apposite of promotion. There are also cut employees salary in demotion.
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It is not attract to competitors and employees are not proved their self because of their lazy skills.
INCREMENT POLICIES: In Gujarat Mitra there are increase especially in money paid as salary for their employees. It is based on employees promotion and demotion. The individual who get the promotion they are get more salary from organization. And apposite the individual who get demotion they are not get as well as added salary but they loose their salary. The policies are decide by their personnel manager and chairman.
TRAINNING
AND
DEVELOPMENT
Training:Gujarat Mitra provides the training for the employees who are weak in their work They are help to employees for improve their self and gave job satisfactory. They have to designed typically method for training in short term and stated purposes. Training given by technically so some non managerial personnel can improve their self.
Gujaratmitra Pvt. Ltd.
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Their main purpose of training is to specific job related skills. There are also given training to the existing employees. Gujarat Mitra organization known the importance of training so they invest their money in the training program because they know that they ill get desired result in future from this training. With views the company sends their employees outside for training. Likewise how get the news from city and how broadcast the news. Some employees are take training from inside of production department, some are from marketing department.
Development: Gujarat Mitra also provides development of employees with high skills and knowledge. They are providing philosophy and theoretical knowledge for general purpose. The manager designs those purposes. In their development system involved preparing the individual for future job and growth of the individual in all respects.
Training & development at Gujaratmitra pvt ltd.: Training & development is one of the tool in personnel department. They are arranging the training program to develop the human resource in the organization. These activities which improve the job performance but also those which bring out the growth of the personality.
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So in their organization they have to provide training with high educational skills and developed their performance.
INDUCTION TRAINNING:-
In Gujarat Mitra has to provide the induction training in their organization. it is consist of following things: Brief history and operation of the company Products and services Organizations structure Location of departments Policies & procedures Rules, regulation and quality of work Safety measures Terms and condition of service including wage, working hours, overtime and holiday. Suggestion schemes. Benefit and services for employees Above all the orientation are consist for employees to help them during general induction information is also given on specific employees such as pensions, health and welfare facilities and safety etc.
09.00 a.m. 5.00 p.m. 05.00 a.m. to 1.00 p.m. 11.00 a.m. to 7.00 p.m. 7.00 p.m. to 1.00 a.m.
10.00a.m. to 6.00 p.m. 6.00 a.m. to 12.00 10.00 p.m. to 6.00 a.m. 07.00 a.m. t0 3.00 p.m.
(No shift on {6.00 a.m. to 7.00 a.m.},23 hours working) Time keeping means to rate the time on which employee comes on the services and keep records of attendance and this records will be send to Accounts Department so time keeping office plays an important role in payments of salary by keeping systematic records of workers.
Working Condition:
For any organization providing better Working Facilities increases employees efficiency and morale. Each and every business Firm try to change Working Environment time to time 'Gujaratmitra' is also not behind in this scenario they recently change their administrative office climate. Their make over is seems in below,
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(From June-2006)
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One of the biggest factor affecting to organization is the wage and salary administration. In every organization wage or salary are paid by organization to the employees for their work per day, week or month. Therefore it is influences to the vitally growth and profitability. Wage or salary have significant influences their distribution of income, consumption, savings, employment and their prices are fixed in the market. There are paid salary and wage about their position of the job likewise manager have to more salary than the peon or workers. In Gujarat Mitra, they have to pay up wage or salary per month.
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There are also provide to improve the union management relation.They are also improve public image of the company .
Methods of wage payment:Time wage system: In Gujarat Mitra time spent on the job for wage . Minimum payment provide for every worker. Wages are not directly linked in productivity. Piece wage system is not provide in this organization because production is based on machineries.
Introduction
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DIRECTOR
Billing
Cashier
General a/c
Store
Purchase
In Charge
In Charge
In Charge
In Charge
In Charge
Assistant JR C R JR C R JR C R Assistant
The Finance and Account Department of GUJARATMITRA PVT. LTD. is located in the main office, which is situated first floor of the main offices building. The Finance and Account Department is service department. The Finance and Account Department maintains the Finance and Account records as required under various law and get the same audited by legal Auditors under the functional supervision and guidance of GUJARATMITRA main office at SURAT. The chart is Finance Manager - Chartered Accountants - Assistance.
ABOUT FINANCIAL MANAGEMENT :Financial Management is study about the process of procuring of financial resources. But in business how much finance is require and From where it Comes ? which is its resources and How to maintain finance in Business. It is depend on finance manager and management of company. So finance is require for any business and must consider to when capital is going. Because it is must be effective utilization of money in the Business. In Business every Organizations goal is to earn more and more Profit. And also financial management is concerned with the managerial decision. So,
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Finance Managers role is very important in the Organization and effective.. And it is also Concerned with the use of an important economic resources and Capital Funds.
Definition : Financial management is concerned mainly with such matter as how a business corporation raises its finance and how it makes uses of it. Financial management is concerned mainly with such matter as how a business corporation raises its finance and how it makes uses of it.
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Finance is the blood of the Organization. So, every organization needs Financial department because without Finance, the company can not established and work. Generally financial accounting is used for external uses, share holders, creditors, governments etc. Finance is that administrative area or set of administration function in an organization which related the arrangement of cash and credit so that organization may have the means to carry out its objective as satisfactory as possible. Financial management is the concern with the managerial decision that the results in acquisitions and financing of long term and short term credit of the firm. Financial management is the managerial activity which is concern with planning and controlling of the firm financial resources. Financial Accounting also involve the analysis and interpretation of A/C. Ratio Analysis is the part of Financial A/C. Financial Accounting accomplished a final A/C with use of historical data. It focuses on results or whole organization and its P&L. P&L and Balance Sheet are prepared for yearly, half yearly, quarter yearly. Gujarat Mitra also provide Financial Accounting for record their data. And also with Finance. provide all the things which are related
COSTING METHODS
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The methods and types of Costing is refer to the process of costing. Several methods have been designed to suit the needs of different industries. The methods of Costing to be applied in a particular concern depends upon the type and nature of industry. There are two type of methods of costing. Job costing process costing. In Gujarat Mitra press, there are only one method is used in their Organization. That is Job Order Costing. In this method they are applies where work is undertaken to customers. and
COST STRUCTURE : In Gujarat Mitra various costs are required for different departments. In this cost there are specific calculating the cost centers and it is shown in different accounts. They consider marketing department so its expenses are available in the marketing cost structure. They are paid salary to the employees, workers who are working in their different department and these all the record are available in particular department. Therefore the departments salary called as total salary. Each cost center head a limit to pay up approve a cost. In Gujarat Mitra if any departments cost is going high , it is provide to maintain this cost. The cost structure is given below:-
COST STRUCTURE
PARTICULARS Salary Marketing Dep 1,80,000 Finance Dep 1,75,000 Purchase Dep 2,25,000
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particulars Opening stock of direct raw materials Add : purchases Add : carriage inward Less : closing stock of raw material Cost of direct raw material consumed Prime cost Add : works or factory overheads Indirect material Indirect wages Fuel and power Insurance Factory lighting Supervision Works stationary Repairs Works salary Depreciation on machinery Works expenses Works telephone expenses Less : sale of scrap Add : operating stock work in process Less : closing stock of working process Works cost Add : office salaries Directors fees Office printing and stationary Legal charges Cost of production Add : opening stock of finished goods Closing stock of finished goods Cost of goods sold Add : advertising Bad debts Sales mans salary Carriage outwards Commission of sales agent Traveling exp Collecting exp Sales managers salary Expense of sales branches Cost of sales or total cost profit sales
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Debtors
Cash
Sales
Raw Material
Finished Goods
Work in Process
Need for Working Capital : In Gujarat Mitra they are doing successful sales program. They are convert cash in to inventory. Convert inventory in to receivables. And receivables are convert in t cash.
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Kinds of Working Capital in Gujarat Mitra: Permanent or fixed working capital Temporary and variable working capital Cash working capital Balance sheet working capital.
RATIO ANALYSIS :Financial Analysis is the process of identifying the process of identifying the financial strengths and weaknesses the firm by properly establishing relationship between the items of the balance sheet and profit and loss account. In Financial Analysis a Ratio is used or an index or yard stick for evaluating the financial position and performance of a firm. The relationship between two accounting figure expressed mathematically is known as financial ratio. To measure the profitability of any firm it is necessary to know the profitability ratios of that firm. The different profitability ratiosof that firm. The different profitability ratios for GUJARATMITRA are given as under :-
-------------54,13,585
0.93 :
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50,30,015 35,27,690
= =
----------------------------54,13,585 000
0.28 : 1
= =
-------------------------0.095: 1
------------------------------------- 365
TOTAL CREDIT SALES 12, 65,000
= =
-------------------- 365
7, 96, 78,350
6 DAYS
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-----------------75,44,282
4.67 : 1
------------------------------------------------------ 365
NET CREDIT SALES
12, 65,000
= =
----------------- 365
7, 96, 78,350
6 DAYS
= =
-----------------54 DAYS
3, 52, 18,640
= -----------------35, 27,845
10 DAYS
1.05
---------------------------- 100
SALES 1, 96, 57, 980
= =
--------------------- 100
7, 96, 78,350
24.6 7
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Trading Account Gujarat Mitra Pvt. Ltd. For the year ending 2006-2007
Debit Credit
Particulars
Amou nt in 7,96,78,3 0
TOTAL
TOTAL
8,32,06, 00
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Profit & Loss Account of Gujarat Mitra pvt. Ltd. For the year ending 2006-07.
Particulars
TO Salary Electricity power expenses News print consumption Miscellaneous expenses Assurance premium Telephone expenses Traveling expenses Vehicle (petrol & diesel) Bonus expenses Fax & mail expenses Legal fees Office expenses Audit fees Dep. machinery & vehicle Bank loan interest Repair & service expenses Registration & subsc. fee Machinery & tools repairs Tea & break fast expenses Directors salary Commission expenses Net profit during the year TOTAL 12,73,560 18,51,745 2,45,690 3,35,160 5,21,340 6,80,250 14,65,920 7,42,585 10,35,000 62,665 2,50,000 7,52,682 51,000 89,06,350 15,73,278 1,12,310 1,20,685 1,20,168 8,85,230 3,60,000 31,23,580 75,44,282 3,20,43,480 TOTAL 3,20,43,480 Amount (Rs) BY Gross profit *** Advertise income 1,96,57,980 1,23,85,500 Particulars Amount (Rs)
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Amoun Assets t
Amoun
3,50,96,7 2 Loans & Advances 3,52,08,6 5 Sundry Creditors 52,47,7 50 Payable Duties 3,12,1 &Taxes 10 1,65,8 Unpaid 35
Furniture 47,91,8 &Fixture 46 Plant & 4,88,91, Machinery 875 Constructed 1,10,09, Property 101 Elect. Installation 24,85,2 30 Computer 96,2 Systems 85 Deposit 24,41,2 90 Sundry debtors 12,65,0 00 TATA 407 Vehicle 12,85,4 50 Bank A/c. 1,83,5 28 Stock-In-Trade 35,27,6 90 Cash on Hand 53,7 97
Total
7,60,31, 092
Total
7,60,31, 092
Note:-
All these figures are not exact figures of Gujarat Mitra pvt.ltd. they are given for understanding of Finance.
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SWOT Analysis
o Strengths o Weaknesses o Opportunities o Threats
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SWOT ANALYSIS
[1]. Strengths : Gujaratmitra is making enormous profit year continuously and has earned very good reputation in the market, which is good for companys long time survival. Gujaratmitra has never faced any legal obstruction because of the care they have taken towards. Environment and surrounding others. Gujaratmitra has paid taxes regularly. So government never interface in Gujaratmitra function. Gujaratmitra has received awards in the field of production, surrounding and record keeping of papers etc. which shows quality policy and environment policy. The all employees of Gujaratmitra are well satisfied with the compensation, incentives and facilities given because it is higher than many other company so there are no bargaining, no strike etc. and peace among employees and management is well established. Gujaratmitra has fully computerized system for Records that provides easy function of documents in each department and it saves the time and provides necessary as proof of the Government in n the time of legal obstruction. Gujaratmitras employees are Skilled and Experienced they are given such work on the basis of their skill, knowledge and ability, first they put on a probation and if they satisfactory pass out, they permanently employed.
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Gujaratmitra has its many branch office in India and its distribution channel is large so it receiving the more orders and distribution newspaper is facilitated and thus sales are maximum.
[2]. Weaknesses :
Gujaratmitras working Procedures allows lots of documentation, which slow down the work process of the organization. In Gujaratmitra, because of Job security and safety employees tend to be motivated and demoralized which slow down the work. They are not working willingly, they are not devoted to the work, so quality of work is not Possible. Divya bhaskar, Gujarat samachar give a monthly Guarenteed gift to their subscriber, while Gujaratmitra have no scheme to attract a new subscriber. Due to high expenses in salaries, maintenance and Raw material, the Profit is less. Advance merit and Promotion are not given according to the performance of the employees it is given according to the recruitment and promotion guidelines. So dissatisfaction among some of the employees is found. The older person does not want to work under youngsters so they tend to leave the job.
[3] Opportunities :
Last year they have grabbed an opportunity for opening a new office at Mumbai (central) and New Delhi, which have expand their Market and with that their sales also Increase. Gujaratmitra has set up Plants for other Plant for TOSHIBA, FAST 300, etc. to move towards dynamic growth of the company.
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Gujaratmitra has not a large distribution channel like as Divya Bhaskar, Gujarat samachar. So in many states the people are not aware of the gujarati news paper GUJARATMITRA due to they cant increase their sales so it is take an opportunity to increase a Distribution channel and increase a more sales in other states.
[4] Threats :
In the last year, Divya Bhaskar entered in the market of news paper with a good advertisement at the time of launching a newspaper in the surat. During a last year they capture some of the market in the surat. In future also they try to covered much market as possible. Because of price rising of Chemical, wasted oil, wasted paper is increasing continuously.
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THANK YOU
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