PROJECT SYNOPSIS

STUDENT DETAILS :
1. Name of the Program : MBA Operations Management
2. Name of the Student : Sandipkumar Dahyabhai Lad
3. Roll Number : 1308010375
4. Session & Year : Seam 3, 2014
5. Name and address of learning centre :
National Infoway
1st Floor,
St. Anthonys Chruch Hostel
Campus,
Dharampur Road,
Valsad-396001.

PROJECT DETAILS :
6. Title of the Project: To Study about the inventory management at
Safeco Hygiene Films Pvt. Ltd. using Material Requirement Planning,
7. Company Profile:

Safeco Hygiene Films Pvt. Ltd. is first breathable films

manufacture company in India, established in 2010.

An ISO9001: 2008 Hygiene Product Facility Company.
Product Range:
Plain Breathable Plastic film & Non-Breathable plastic Film.
Printed Breathable Plastic film & Non-Breathable plastic Film.
Full laminated plastic film & partial laminated plastic film with nonwoven.
Printed Paper product.
Non woven printing product.
Breathable and non breathable plastic film for babys dipper and
sanitary napkin for adult purpose.

CAPACITY:
Production Capacity : 150 Mt/month
Machinery :
Plastic Extrusion Machine ( Midian Tech machinery ,Korea)
Flexographic Printing Machine ( KYMC Flexographic Printer, Taiwan)
Slitting Machine ( Web control Machinery, Taiwan)
Lamination Machine ( Guangaung Machinery, China)
Managerial Staff : 30
Work force : 90

8. Objective of the study:

To study the tools and techniques of inventory management at

company.
To study the demand forecast of inventory management at

company.
To determine the stock level in inventory management at

company.
To study the inventory management procedure.
To study the valuation of inventory at company.
To study the inventory control measure in inventory

management.
To study how ABC analysis and aging schedule is implemented in

inventory management,
To identify problems related to inventory management and find
out measures to overcome them.

9. Problem Statement :
The problem here is to identify the problems/challenges involved in the
inventory management process at company and to acknowledge the
inventory performance and position of the company and get awareness
regarding the strength and weakness and to assess the profitability of
the company.

10.

Methodology to be used:

o Type of Research Undertaken:

Exploratory Research Design
Descriptive Research Design
o Sources of Data:
Primary Data :
Personal Interviews with Officials.
Secondary Data :
Annual reports, Periodicals, Manuals, Stock Registers, GRN, Inward & outward
books of the company.
11. Tools and Techniques to be used for data analysis :

Using ABC analysis techniques.

Items of high value and small in number are termed as A
Items of moderate value and moderate in number are termed as
B
Items of small in value and large in number are termed as C
Stock review techniques