Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Ltd
A
Summer Training Report
GUJARAT MITRA PVT.LTD
Submitted By:
MAKWANA RITA
MAKWANA HINA
Roll No. (26)
Roll No. (25)
S.Y.B.B.A. ( IVth SEMESTER ) (CBCS)
Submitted To:
DIPESH PATEL
Assistant professor
Smt. Z. S. Patel College Of Management and Technology
BBA Programme
Palanpur jakatnaka,
Surat.
Affilliated to
VEER NARMAD SOUTH GUJARAT UNIVERSITY,SURAT
MAY-JUNE-2017
DECLARATION
I Makwama Rita.D And Makwana Hina.D ,hereby declare that the
report on summer training in “ GUJARATMITRA PVT.LTD.” is a
result of my own work and my indebtedness to other
work/publication if any have been only acknowledged.
Place:
Date:
MAKWANA RITA
MAKWANA HINA
ACKNOWLEDGEMENT
I am very thankful to Veer Narmad South Gujarat University for
conducting a summer training part in our BBA syllabus which
increases 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 following people in the
GUJARATMITRA Pvt. Ltd. For completion of my training. It
would not have been possible without their help, support,
guidance and co-operation. Especially to following Person:-
- Mr.Bharat Reshamwala (Managing
Director)
- Mr. Ruchir Reshamwala (Business director)
Mr. CHETAN to allow me to undergo training the in
GUJARATMITRA.
Sign:
PREFACE
Table of Contents
CHAPTER 1 GENERAL INFORMATION .............................. Error! Bookmark not defined.
3.5.1PACKAGING:-.......................................................................................................... 27
6.7.2 PROFIT & LOSS A/C OF GUJARATMITRA PVT. LTD. AS ON 31ST MARCH OF
2010-11 :- ............................................................................................................... 112
What newspaper companies are learning is that the value of what they produce
is not the ink on paper, but the content, depth, segmentation choices,
credibility, and emotional attributes that are delivered in any distribution
channel they choose.
In 1451, Johannes Gutenberg uses a press to print an old German poem, and
two years later prints a 42-line bible- the significance being the mass
production of print products, ushering in an era of newspaper, magazines, and
books. By 1500, the genesis of a postal system can be seen in France, while
book publishing becomes popular throughout Europe and the first paper mill
can be found (England).
Pti (Press Trust Of India) And Uni (United News Of India) Are The Two
Primary Indian News Agencies. The Former Was Formed After It Took Over
The Operation Of The Associated Press Of India And The Indian Operation
Of Reuters Soon After Independence On August 27, 1947. Pti Is A Non-Profit
Cooperative Of The Indian Newspapers. Uni Began Its Operation On March
21, 1961 Though It Was Registered As Is Company In 1959 Itself. If Any
Press Have License Of Davp So They Give News About Any Political And
Government.
List of popular Gujarati dailies Surat:-
GujaratMitra
Gujarat Samachar
Sandesh
Divya Bhaskar
Newspaper competes with a broad range of media for audience share and
advertising rupees. Advertisers can choose between newspaper, network
television, cable, radio, point of purchase advertising, electronic media, and
direct mail, to name but a few. The high costs of competition, combined with
the increased costs of newspaper production, have resulted in a general
consolidation in the newspaper industry. This consolidation has helped in the
industry implement new technologies to alleviate the most glaring deficiencies
of the medium, such as poor reproduction and lack of sound, movement, and
color. Some technology advance includes the introduction of computerized
type, online circulation information system, electronic libraries, database
publishing, and satellite transmission.
What Have These Changes Meant For Newspaper? The Declines In Daily
Readership Are Tapering Off And Sunday Readership Is High. Newspaper
Has Learned That Sunday Morning Is One Of Few Times When They Have
Their Audience Almost Entirely To Themselves. People Usually Are Not
Watching Television Them.
Pune-411004
Ph: 020-370474
Shri Uttamram Reshamwala had to take over the reins of the newspaper at the
tender age of 19 on the sudden and untimely demise of his elder brother Shri
Champaklal. With his strong determination, progressive policies and devoted
love towards the 'Gujaratmitra', the late Shri Pravinkant Reshamwala nurtured
the paper to a sound footing. After his demise in 1983 the 'Gujaratmitra' is in
the hands of his son Shri Bharat Reshamwala.
Postal Address:
GUJARATMITRA
Gujaratmitra Bhavan
Near Old Civil Hospital, Soni Falia
Surat - 395003
Ph: +912612599992/3/4
Fax: +91261 2599990
E-mail: mitra@gujaratmitra.in
Editions :-
Though, it is published from just one center, Surat. It has a separate Baroda
edition which is also published from Surat. Thus there are main editions viz.
Surat , Baroda, Mumbai
The surety edition again has two sub editions i.e. the city edition and the up
country edition. While the Baroda edition has two sub edition i.e. the city
edition and the North Gujarat edition.
Price :
From Monday through Saturdays (all editions) – RS. 2
On Sundays (all editions) – RS. 2.50
1968 : New unit added was added to the machine. This gave
GujaratMitra the capability to give more no. of pages.
1981 : GujaratMitra imported a converted second hand Di-litho
machine from U.S.A. to replace the old letterpress technology.
1983 : Sheri Bharat Reshamwala took over as the editor after the
demise of Sheri Pravinkant.
1986 : GujaratMitra changed to computerized photo typesetting from
the convention hand-composing.
color capability.
1992 : GujaratMitra become one of the very few daily newspapers,
which had an in house color scanning and separation facility.
1996 : GujaratMitra started its Vadodara edition by publishing it in
Surat and central Gujarat.
1998 : Gujaratmitra imported its 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
Surat and distribute it in Mumbai.
2005 : Gujaratmitra held on educational event for the doubt clearing
about GUJ CAT.
Chairman(Bharat reshamwala)
Managing Director
[Ruchir reshamwala]
General Manager
[G.P.Solanki]
Worker
Peon Peon
Helper
Secondly, it is trying to make the papers very attractive by using good quality
of printing machine. It also tries to sharpen its selling strategies by making
good marketing strategies. It also tries to cover all the news which is
important for public interest. It also tries to restructure its marketing and
selling department for further growth in the revenue stream.
Chairman
[Bharat Reshamwala]
Managing Director
[Ruchir Reshamwala]
Directors
[Milin Reshamwala]
General Manager
[G.P. Solanki]
Branch Manager
[G.P. Solanki]
Marketing Manager
[G.P. Solanki]
Sales Manager
Agent
Vendors
Consumers
3.2 INTRODUCTION :-
Market means where buyers and sellers interact to establish price and exchange
goods and services.
whole business seen from the point of view of its final result that is from
customer’s point of view.
Traditional point of view of marketing assets that the customers will accept
whatever product the seller presents to him. In this way the main concern of
product is to produce without considering the choice of the customers but the
modern concept may be viewed from the customer’s point of view marketing
deals with identifying and meeting human and social needs. Thus the prime
objective of modern marketing is the satisfaction of customers need.
Marketing has often been described as “The art of selling product”. But
people are surprised when they hear that the most important part of marketing
is not selling. Selling is only the tip of marketing iceberg.
The aim of marketing is to know and understand the customer so well that the
product or service fits him and sells itself. Ideally, marketing should result in a
customer who is ready to buy.
Here, Gujaratmitra Pvt. Ltd. is one of the press companies. So their main
product is newspaper and their main activity is selling newspapers with true
and correct information. So providing good marketing department in their
Here, they cannot increase their level of readers but they have to maintain
their level of readers by good marketing policies.
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 concepts rests on the four pillars :-
Target Market
Customer Needs
Integrated Marketing
Profitability
It is depend on the 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.
3.3.3 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 likes as a main branch
office at a Surat but also provide in the Baroda, Ahmedabad, and Pune &
Mumbai.
Equation 1 packaging
3.5.2 Labeling
In the Gujaratmitra labeling means company send a news paper in 100
newspapers, bundles, so then the company keep a one labeling on the these
bundles. Like as, sample of, label
.
Equation 2 Labeling
3.6.1 Product :-
What you are designing, developing, manufacturing, providing and selling in
the Gujaratmitra?
Product Types :-
1. Newspaper
2. Information
3. Entertainment
4. Business Opportunity
1.satsang
2. aaspas chopas
Aaspass Chopas is the Tuesday supplement. It is published with a social cause
of developing near by the villages of south Gujarat. It is all about problems of
villages. Its forget are villagers.
3. Darpan Purti
Darpan Purti publishes articles by the different authors. Its forgets to all the
people.
4.Manoranjan :-
Manoranjan is all about to the entertainment
supplementary. It contains entertainment news. This
supplementary belongs to the Bollywood & Hollywood.
It focuses mainly on youth. It is given on the Thursday.
5 .City plus:-
6.Sannari :-
Sannari is a Saturday supplement which targets is
women. It’s all about the women.
6. Ravivariya Purti :-
Duration Price
One year 800
Six months 410
Gujaratmitra also supplies its papers out of India its price or price of exported
papers are:
Duration Price
One year 20,500
Six months 10,300
Three months 5150
Thus in this international competition of newspaper of Gujaratmitra has got its
pricing strategy in the right way from the its lowest price it is clear that
Gujaratmitra wants to penetrate market by conquering competitors share.
Pricing policies depend upon the different circumstances. They give discount
to vendors and distributors for newspapers. They give 25% discount to
distributor and 20% discount to vendor. For magazines they give 30%to 40%
discount and when the subscription is done they give gift to the customers. No
taxes or octroi is charged on newspapers and magazines.
Now the firm considers certain factors in setting its pricing policy i.e.
Selecting the pricing objective.
Determining the demand.
Establishing the cost.
Analyzing the competitor’s prices, costs and offers.
Selecting a pricing method.
Selecting the final price.
Sometimes they have to increase their price when some circumstances like
earthquake, flood etc. are happened.
They prepare their pricing policy by considering following matters.
Manufacturing cost
Competition
Government policy
Marketing segmentation
The place where Gujaratmitra is supplied in the huge, bulk or key market of
Gujaratmitra are Vapi, Navsari, Surat, Ankleshwar, Bharuch, Anand,
Ahmedabad & Mumbai and many other such places to Gujaratmitra distributes
its newspaper by the Geep, truck, by train or any other ways.
Pardi √ - √ √
Atul - √ √ √
Songath √ - - -
Vyara √ √ - √
Kosamba √ √ - -
Olpad √ √ √ √
Gujaratmitra does not do promotion of its own the best promotion of a news
paper is it gives best news moreover it is a 150 year old company is well
established in markets and thus it does not require high advertising expenses.
Gujaratmitra does not have any marketing schemes like its other competitors
such as Gujarat Samachar, Sandesh and Divya Bhaskar of giving free gifts as
their price is inefficiently low. Thus price cutting is adjusted by the promotion
cutting at Gujaratmitra.
In Gujaratmitra promoting is not much better than the Gujarat Samachar and
Divya Bhaskar.
Gujaratmitra has not provided gift system. According to them they system is
not gave profit. But Gujaratmitra organize the Navratri festival and organize to
the competitions.
They organized programmed national group with collaborating and organized
programmed. Like as seminar for the student S.S.C. and H.S.C. and also
informs about to the bank services in to the Surat.
Thank you for showing interest in our publication. Bellow is our advertisement
rates applicable for our Surat edition with effect from October 1, 2006.
Display &Commercia
Rs. 500/- per col.cm.
Ear panels:
Casual: Rs.2100/-per insertion
Contract: Rs. 1900/-per insertion, for 26 insertion and more in a year
Election:
Rs.500/- per col.cm.
Color Advertisements:
Rs.800/- per col.cm.
Special position:
Front page: 100% extra
Special position: 25% extra
Strip ads: 25% extra
Most of the producers do not sell their goods directly in the market to ultimate
users; hence there are some channels of distribution through which they sell
their goods.
Producer
Distributors
Vendors
Consumer
chart 3
Producer
Vendors
Consumer
chart 4
1st Tier:
Company Reader
2nd Tier:
3rd Tier:
It means company to distributor to vendor to reader. In this tier from the
production center the vans are ready to take the lot to the different distribution
center and from their newspapers are given to the vendors and then it reaches
to the customers through door to door sellers.
They have only produces news papers so they other product provide like daily
news paper with magazine &magazine is daily different.
GujaratMitra daily production is 1, 00,000 or more copies.
In Gujaratmitra provide daily sales volume of their product.
Weekly sales volume 7, 00,000 or more.
Gujaratmitra their monthly sales volume is 28, 00,000 or more copies.
Yearly sales volume is 340, 00,000 or more copies.
The sales volume is minimum is that numbers but sometime in any
circumstances their sales volume is increase.
Marketer can rarely satisfy everyone in a market not everyone likes or needs
the same type of reading content. Therefore, marketers start by dividing up the
market. They identify and profile distinct groups of buyers who might prefer or
require varying products and service mixes.
The different age group of people read what kind of material and magazines is
being shown with the help of column chart. The column chart is therefore
representing ting 4 age groups, which are:
< 30,
31-45,
46-60
> 60.
Three columns under each age group show number of people reading
newspaper, magazines and both.
w 30
31-45 13 8 4
46-60 2 1 0
Abov 1 0 0
e 60
14
12
10
Newspaper
8
Magazine
6 Both
0
Below 30 31-45 46-60 Above 60
Three columns under each age group show number of people reading
newspaper, magazines and both.
r e h
Graduates 15 5 3
Undergraduate 5 3 0
s
Postgraduates 12 6 1
14
12
10
Newspaper
8
Magazine
6 Both
0
Below 30 31-45 46-60 Above 60
4.1 INTRODUCTION :-
Production Department is the place where all units convert the raw-materials
or semi finished goods into finished goods. This is done with the help of
manpower and machines. In some organization, production is done only with
help of machines where as in some it is done with the help of workers.
Directors
[Milin Reshamwala]
General Manager
[G.P. Solanki]
Production Manager
[Rajeshbhai Patel]
Machinery Director
Helper
Page Setting
Advertising
Designer
Page Setup
Plate
Making
Printing
Machine
Finished
Goods
Firstly the circulation starts from the editorial department. They send it to the
advertisement department. Over here all the ads to be given in the next edition
are properly set according to the page; color whether they are black & white or
colorful. After the ads are set by they and they send it to the editorial
department for adding the latest news, happing and the articles according to the
space. After the work is done, they format the page the way they want it to be
printed and send it to the head of the department.
In Surat system department, the pages form Baroda is received from “Server
Rack” machine. This machine has two more modem. In built monitor to
access “server rack”, this server is known as “Mounted Server” and it has no.
of switches to operate it. These pages are in PDF Format in which they cannot
any change in this setting.
Now, through this “server rack” it is taken into computer which has special
software called “film process manager”. In this film process manager, the
pages are divided in two color and black & white format. After that, they
select, check and then fire the page. In this software, the fire button is known
as “Print PDF File.”
Now these pages pass to “Raster Image process”. It is also called a “Rip
Setter.” Then it goes to “Image setter.” In this “Image Setter” there are two
kinds of process that is offline and online. In the online when the sheet is
passed to the laser toid in which it moves like a pendulums and prints the data
and in this the sheet passes straight. In the off line when the sheet is passed, at
this point the sheet tums into oval shaped in the machine and the laser toid
prints the data. After the work is completed the sheet comes out form it
position.
Then these sheets pass through the developer. From the developer it goes to
fixer. From fixer it goes to water and finally the sheets passes through the
dryer and comes out. The printing that is done in “Image Setter” is full of small
dotes. But dotes are so minute that without using magnifying lenses, you
cannot come to known that the sheet is made full of dotes, according to the
color of the page.
In the system department, there is machine called “Proofer.” In this machine
a proof page is printed. This proof page is taken out to show the production
people who actually print the newspaper. So to give them proper guidelines
about color, what format and the proper image of the papers this machine is
useful. Through this sample page, it will be easier for them in printing. So
there is not any problem after the final printing is done. In this Proofer,
Through ‘capillary’ tubes these colors are passed. There is a round block color
head to print the page. ‘Macintosh’ computer is connected to Proofer to
convert PDF files in to the readable form.
Here the work of system department comes to an end. The actual production
department work is starts.
Positive sheets come down to plate making department. Here the first table is
known as “pasting table” where the Paris of newspaper is made accordingly:
1-20 6-15
2-19 7-14
3-18 8-13
4-17 9-12
5-16 10-11
These Paris are made in a grid. These sheets are in a form of readable or non-
readable.
From pasting table, the sheets goes to the ‘plat explosion’ that is they kept on a
machine and inside machine vacuum is kept to hit the plate so that all the news
get stuck on the sheets. Form this plate exposure; the sheets are passed to the
‘plate processor’. Here the image comes on the metal plate. That is known as
development in the plant processor machine. After development is done, it is
washed with the chemical and kept for drying. This plant is known as image
carrier.
Then all the plats are sending to press. In press there are three kinds of
machine.
I machine
Y machine
Folding machine
First the roller is fixed in rill arm of the machine. From one roller only 4 pages
are made.
There are 5 units of machine in which I and Y machines are kept accordingly.
There are three sections in the machine. Each section has two cylinders. One is
blanket and the other is plant cylinder. Plant cylinder has an image plat rolled
on it and blanket cylinder has rubber rolled on it. There are area in which
fountain solution is there, which is used to show the space between the image
and the writing.
It is like ink repairs to grease and grease repairs water. After the printing is
done, they come out through the folder machine which results in cutting and
folding. From there it goes to Womack machine which does counting of the
newspaper in lot of “100”. And bundles are made automatic. In this machine
only bundles of 100 is made, but the bundle of 20 or 50 are made manually.
At the press, there is a machine called “press logic control” machine. This
machine is kept for handling all the 5 units of machine that are used for
printing. This machine is feather touch machine. In this machine the quality of
ink that is to be applied is selected, what form of ink is to be used is selected
and how much fountain solution is to be used? All these things are selected
through the four different keys. Those keys are shown in below.
Impression
Ink apply
Ink form
Fountain solution apply
We can just touch it and work is started. This is the main machine through
which the paper is printed with proper color and perfect printing is done.
If the papers are black & white then it passes through only one unit and if they
are colored then it passes through two units from one roller.
After the newspaper is ready for sale, the first preference or deliver is given to
these agents who are situated outside the Surat city. A note is written on every
lot of
Newspapers that are how many copies, name, place, release time is written so
that they can directly be dispatched without any confusion.
Thus this is the procedure of printing newspaper as well as the same procedure
for printing supplements, thus this is how GujaratMitra follows its production
activity on daily basis.
4.5.1 Product :-
Gujaratmitra is a daily newspaper. So the newspaper published routine every
day company print 1, 00,000 to 1, 20,000 of newspapers. So it is huge
production for the company. So the Gujaratmitra chooses a product layout.
And now it is very successful company in newspaper.
And also Gujaratmitra has providing a safety facility of their all staff members
& all the workers in the Gujaratmitra press.
Normally, to prepare any plan initial step is to plan about the activities required
to achieve targeted goals. In technical terms, production planning is refer to
that function of management, which decide about the resources that will be
required for future management operations, and allocation of those resources to
produce the desire output at a right time, in right amount of required quality
and at minimum cost.
Today, Business has become dynamic in nature. So, nowadays the big question
arises that what type of production planning is required that will result in
success.
When any circumstances are raised, the hawkers or agents give their orders by
adding more no. of newspapers into their daily orders. So, that the company
can produce according to all the hawker’s orders. In this way, the company
decides about their production plan from their sales plan.
Inventory Control System is,” The process of controlling timings and quantities
of two inventory transactions. The first is purchase or acquisition of inventory
and the second is usage of inventory.”
For keeping inventories in control, the company should strike balance between
two extremes i.e. excess stock of material and shortage of material. Since
Gujaratmitra consists of press industry, it can’t bear the shortage of material.
The company always keeps the excess stock of inventory, so when in any case
there is the shortage of inventory, they can use the excess stock and can
A-Group :-
These are those 10% of top consumption items who contribute 70% in
consumption value.
In this company it is News Print.
B-Group :-
These are those items which are 20% in terms of number of items and their
value wise contribution is also 20%.
In this company it is Ink, plates, developer, fountain solution, water.
C-Group :-
All remaining items are C class items, they are 70% of no. of items but their
value wise contribution is only 10%.
In this company it is stationary things.
This % wise classification can be varied from company to company and from
situation to situation.
ABC Analysis :-
In Gujaratmitra ABC analysis can be done in terms of following categories:
Vital Items :-
These are those without which production will stop instantly.
In Gujaratmitra they are Newsprint, water, ink, fountain solution.
Essential Items :-
These are those without which production may not stop instantly but there can
be problems like slow- down of production.
In this company they are plates, developer.
Desirable Items :-
These are those without which production may not stop instantly nor it will
slow down but there may be some inconvenience in manufacturing.
In this company it is stationary things.
Mostly when taking purchase decision they try to consider the following
things:
Firstly receiving the purchase order.Then checking the present stock in the
warehouse. And checking the requirement because material at warehouse and
at used in production process both percentages is different.
Generally big items are kept in store may be for long time where as small
items like stationary are purchase on the daily basis. Placing orders for
purchase on the basis of price and quality. Preparing comparative statement
before receiving raw material check the all require parameters. Put order on the
basis of price list of manufactures.
Indent :-
Indent is made in the company. First is the indent is made and then the
other process is going to start.
Planning :-
At this step they are making a plan for purchasing. First they are finding
the requirement and then on the basis of that they are calculating it as a weekly
or monthly.
Inquiry :-
Then the next step is inquiry. Here, they searched or inquired the details of
various products like price, quality etc.
Quotations :-
In the quotation price, packing charges, deliver terms, payment terms,
erection, and ad validity and identified.
Comparison of price :-
Now at last company make comparison between price level and delivery
date etc.
Then they select the lesser price product with good quality. Also with earliest
delivery.
Gujarat Mitra is daily publishing around one lack copy on newspaper. Gujarat
Mitra has to make papers daily. So first of all the managing director and in
charge of the Production Department of the company have to purchase and
collect the raw material which is use for making daily newspaper. The list of
requirement of raw material is not so much large but some essential raw
material is require for the Production of the newspaper like as:
4.9.2 Ink:-
The second main Raw Material
requirement is INK. Without ink the
production also never starts. The
requirement of ink is very higher. The
company uses types of ink like Black,
Red (Magenta), Blue (Cyan) and
Yellow. The main requirement of ink is
blank ink. There is two types of ink like old set and hit set.
4.9.3 Chemicals:-
There are many type of Chemical. This Chemical is help for protect. The
paper from the external and some production process schedule.
there are printing 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
color or black but its arrangement is on Plate Films.
4.9.5 Fountain:-
It is used to control the P.H. level of water. Water is used to wipe the ink
at the unwanted places or to wash the plate. There is a special P.H. measures to
check the P.H.level of the water.
4.9.6 Delete:-
Delete comes in a small bottle which
is again procured from chemical agent. It
is used for rubbing unwanted spots of inks
or letters from the plate. Thus delete acts
as a rubber for news paper firms
4.9.7 Kerosene:-
Daily ten liters of kerosene is used for cleaning the machine after printing.
4.9.9 Developer:-
4.9.10 Gum:-
Gum is applied on the plate after it is exposed to plate exposure machine and
cleaned by P.S developer. Gum is applied so that plate is not distributed by
external effects. While being loaded in machine.
Quality control can be maintained only by using the raw material to their
optimum level without causing any wastage, or spoiling the materials.
The supervisor checks the production level and keeps a watch on the machine
and raw material producing newspapers.
Thus GujaratMitra quality control procedure is simple and natural. But it has
adopted quality control only to
To balance between customer requirements and their capability to pay
i.e. price elasticity of demand while designing the product, is to be taken care.
Managing
Director
General Manager
Personnel
Manager
Personnel Officer
Clerks
Peons
The GujaratMitra favors Human Resource planning process that ensures that
company has right number and right kind of people, at the right place, at right
time and capable of efficiently and effectively completing those task that will
help whole organization to achieve its overall objective.
Is it facilitates the relation of the company’s objectives by providing the right type and
right number of personnel.
In Gujaratmitra there are required to human resource planning and process
In Gujaratmitra HRP like material planning that estimates the types and
quality of the material and supplies needed to facilitate the manufacturing
activities.
In Gujaratmitra they are provide an importance of HRP.
International strategies:-
They will try to expansion the strategies at international level.
They are provided effective HRP and effective development and career planning
for personnel department.
They are determining the future personnel need for their private limited.
They have to decide how many numbers of personnel need for organization.
Here personnel demand analysis provides the manager with the numbers and
kind of employees that will be required.
Supply forecasting measures the number of people likely to be available from
outside an organization
SKILL INVENTORIES:
These inventories give information about skills of the employees for
promotions decisions. The main important information is required in their
organization like:
Personal data – age, sex, marital status.
Skills – Education, job experience and training.
Special qualification – special achievement.
Company data – benefit plan data, seniority
Capacity of individual- Health information.
MANAGEMENT INENTORIES:
Internal source:
External supply:
They have to need because from outside they can get new blood and
experienced personnel they can create organization growth by use of external
source.
( 4.) HR Programming:
In Gujaratmitra once personnel demand and supply are forecast they can feel
up their vacancies and ordered right number of the people at right job.
5.4.1 Recruitment:-
Meaning:-
Recruitment forms the first stage in the process which continues with selection
and ceases with the placement of the candidate. It is the next step in the
procurement function, the first being the manpower planning.
Flippo views recruitment both as ‘positive’ and ‘negative’ activity. He says, “It
is a process of searching prospective employees and stimulating and
encouraging them to apply for jobs in an organization.”
In short, recruitment is the process of acquiring at the right time, in the right
number, for the right position, persons with the right qualifications.
Internal Sources:-
Transfer
Promotion
Friends and relatives of employees
Recalling retrenched employees
External Sources:-
Advertisement
Employment exchanges
Contractors and jobbers
Technical institutes, colleges
Waiting List
Employment agencies
5.4.3Recruitment Process:-
Recruitment
Planning
Strategy
Development
Searching
Screening
Evaluation &
Control
The ideal recruitment programmed is the one that attracts a relatively large no.
of qualified applicants who will survive the screening process & accept
position with the organization when offered.
Here, In Gujaratmitra also they follow the above steps for new recruitment.
Receiving
Applicants
Screening of
Applicants
Selection Test
Interview
Checking of
reference
Physical
Examination
Approval by
Authority
Final Selection
If a candidate passes through all the above mentioned steps successfully and
also through physical test which is taken in the company’s submission of the
fitness certificate to the concerned person. The important step of salary
negotiation is done on the bases of their qualification and the specified
requirements of the job with functional head and then only candidate is
recruited in the company.
Induction:-
stranger in the company so he/she may feel insecure, nervous and isolated. The
first few days are very vital to develop confidence in the candidates and allow
him/her to get adjusted to the new work environment.
For the level of Senior Manager and above the induction will be conducted at
the Corporate Headquarters at Mumbai/Surat.
Development:
machine and thus the machine operator must be skilled and genius in his/her
work in order to operate such heavy machine.
Job description
Job description is an organized factual statement of job contents in the form of
duties and responsibilities of a specific job. The preparation of job description
is very important before a vacancy is advertised. It tells in brief the nature and
type of job. This type of document is descriptive in nature and it constitutes all
those facts which are related to a job such as:
Job specification
Making key messages for the customers for the brand name
Professional relationship with media are handled by marketing manager
Maintain and build professional relationship with internal and external
stakeholders of the company
Make monthly report and presenting it to the director of the company
Team work skills and ability to lead
Setting
performance
standards
Taking
Communicating
corrective
standards
actions
Discussing Measuring
results performance
Comparing with
standards
In Gujaratmitra for evaluating the performance of the employees they take the
help of form. It is filled by the departmental head considering the attendance,
punctuality, leadership qualities etc.The format of the form is as follows:
Personal Details:-
Flexibility Name
Qualification
Employee code
Date of joining
Date of birth
Last date of promotion
Basic pay
Strengths and weaknesses
Remarks by supervisor
Remarks by reviewer
Work Pattern:-
Job knowledge
Competence in work
Sincerity, loyalty and commitment
Creativity
Behavior Pattern:-
Obedience
Maturity
Stress tolerance
Work Attitude
Initiative
Other Potential:-
Leadership
Analytical Ability
Risk taking ability
Communication skill
Ambition
Employee’s major strengths
How employee perceives changes
Whether the employee is ready to seek transfer to other department
Promotion is a term which covers a change and calls for greater responsibilities
and usually involves higher pay and better terms and conditions of service and
therefore, a higher status or rank.
Detailed personnel and service records are kept ready on the basis of
which promotions may be made.
Gujaratmitra considers both aspects of promotion based on performance and
seniority of an employee. Here the existing promotion policy is different for
officers and workers.
Transfer:
Employee Welfare :-
Safety devices like helmet, glows, and safety shoot are provided by
Company
The efforts to make life worth living for work man. If refers to the physical,
mental, moral and emotion well being of an individual.
Gratuity:
It is the policy of the company to award gratuity to the executives who have
served the company for more than 5 years. Intent of this policy is to provide
guidelines for giving gratuity. All permanent executive are eligible who have
worked in the organization for more than 5 years. Human Resource and
Account Department will administer this policy.
An executive will get a gratuity equivalent to 15 months basic wages for the
first 25 years of continuous service calculated on the basic wages drawn in the
last month of service and half a month’s basic wages calculated as above for
every subsequent year of continuous service. The total gratuity should not
exceed 20 month’s basic wages in any case. Gratuity payment is to be
computed by using a devisor Rule of 26 days for monthly rated executive.
Gratuity will not be payable to an executive who has been dismissed for
misconduct.
Leave Rules:
All applicants for leave must be made on Leave Card signed by the applicant
and the Department Head. Department Heads are responsible for the
administration of this policy in respect of executives under their supervision.
There are three types of leaves:
Casual Leave:
It is the policy of the company to grant short period casual leave with pay to
meet special, unforeseen circumstances, which cannot be covered by the
executive availing of annual vacation leave due to him/her.
Privilege Leave:
It is the policy of the company to provide vacation with pay to all executives.
All permanent executives are eligible.
Maternity Leave:
Retirement:
It is the policy of the company that executives and managerial staff has to
retirement after completion of 58 years of age. An employee on retirement is
entitled to remuneration up to the date of leaving. This would constitute his/her
basic, HRA, reimbursement and annual payments due such as Medical and
LTA. The administration of this policy will vest with the Functional Director
and Director.
Resignation:
The purpose of this policy is to define the actions to be taken once an
employee submits his/her resignation letter. A permanent employee
desirous of leaving the service may do so by giving one month’s notice in
writing in case of executives and three months in case of Senior Manager
and above and technical executive. No notice will be required in case of an
executive who is dismissed for misconduct or person still in probation or in
training period. An employee on resignation is entitled to remuneration up
to the date of leaving. An executive interview is conducted for executives
who resign from the company on their own accord. This is conducted to
receive suggestion from the separation employees for improving
employment conditions. The administration of this policy will vest with the
Department Head, Vice President and Head of the Human Resource
Department.
Working Time:
The employee must have to come timely and employee has to follow the rules
made by the company and government. Employee not goes outside the plant or
site without the permission of his superior or authority. In the organization this
rules touch every person who work in the firm.
Time keeping:
Shift timing: In the company has only one shift that is day shift and time is
9 a.m. to 8 p.m.
Break: : 10.00-to-10.10 a.m. tea breaks :
12.15-to-01.15 p.m. launch break
6.FINANCE DEPARTMENT :-
Finance may be defined as the art and science of managing money. It can be
called heart for any organization. Financial management is concerned with the
efficient use of an important economic resource, namely, capital funds.
which activities will finance be needed and whether these are profitable
activities or not.
6.1 FUNCTION OF FINANCE DEPARTMENT :-
Finance department can be called “Heart” for any organization.
Finance department does the work of scheduling of the advertising.
Billing department create the bill of the advertisement.
Accounting department looks after the bookkeeping and maintains the accounts
of the organization.
News print department looks after the issue of paper rolls to the production
department and maintains record of the waste and paper rolls.
Recovery department looks after the recovery of the payment of the
advertisement.
Director
General
Manager
Finance
Manager
Current assets = debtors + cash and bank + inventory + other current assets
= 20000000 + 25000000 + 10000000 + 15000000
= 70000000
Gross Profit
Gross Profit Ratio = × 100
Sales
= 7.62%
Net profit = 18100000
Sales = 270000000
18100000
Net profit ratio = × 100
270000000
= 6.70%
Net profit = 16000000
Sales = 210000000
16000000
Net profit ratio = × 100
210000000
The net profit ratio of 2011-10 is 6.70% and previous year net profit is ratio is
7.62%, so that we can analysis that there is increase in net profit compare to
last year. That also shows good performance of company compare to last year
Sales
Fixed Assets Turnover Ratio =
Fixed Assets
Sales = 270000000 Fixed assets = 250000000
270000000
Fixed assets turnover ratio =
250000000
= 1.08
Sales = 22000000
Fixed assets =21000000
220000000
Fixed assets turnover ratio =
210000000
= 1.29
We can analysis that according to the above ratio that Fixed assets of year
2011-10 is less than previous year 2010-09 that is 1.08 is less than 1.29 that’s
mean sales are larger than previous year.
Sales
Total Assets Turnover Ratio =
Total Assets
We can analysis that according to the above ratio that total assets of year
2011-10 is more than previous year 2010-09 that is 0.73 is greater than 0.58
that’s mean sales are larger than previous year.
Current Assate−Inventory
Quick Ratio =
Current Liabilities
70000000−10000000
Quick ratio for the year of 2011-10 = =4
15000000
65000000−9000000
Quick ratio for the year of 2010-09 =
15000000
=3.73
We can analysis that according to the above ratio that Quick ratio of year
2011-10 is more than previous year 2010-09 that is 4 is greater than 3.73.
Current Assate
Current Assate to working capital Ratio =
Working Capital
70000000
For the year of 2011-10 =
55000000
=1.27
65000000
For the year of 2010-09 = =1.3
50000000
We can analysis that according to the above ratio that year 2011-10 is less
than previous year 2010-09 that is 1.27 is less than 1.3 that’s mean current
assets to working capital ratio are less than previous year.
Total Salse
Debtors Turnover Ratio =
Average Debtors
270000000
For the year of 2011-10 =
20000000
=13.5
365 Days
Collection Period =
Debtors turnover ratio
=27 Days
We can analysis that according to the above debtor’s turnover ratio that year
2011-10 is 13.5 and collection period is 27 days.
Current assets and current liabilities include three accounts which are of
special importance. These accounts represent the assets of the business where
managers have the most direct impact:
Working Capital
Requirement of the year of
2010-11
(Rs. In Lacs)
Current 2010 2009
Assets -11 -10
Raw material 1600 1500
Inventory 100 90
Debtors 200 250
Cash 200 210
Other Current 150 100
Assets
Current
Liabilities
Creditors 100 110
Provision for 50 40
Taxation
Capital as a term refers to that part of man’s wealth which is used in production
further wealth which yields an income. Capital is a production means of
production. The term is generally used to mean capital goods such as plant and
machinery, tools, and accessories, stocks of raw materials, goods in process,
energy means etc.
The effects of capital budgeting extend into the future and influence
the organization’s profitability and its growth in the long run.
In Gujaratmitra, at the time of purchasing new printing machines, they
also consider the above mentioned important things. They also prepare
budget before taking such decisions.
The fund flow has a variety of meanings. However, for the purpose of fund
flow statements, the term ‘funds’ means ‘net working capital’ also known as
‘net current assets’. It is defined as the difference between current assets and
current liabilities. Thus FUNDS = CURRENT Assets – CURRENT
Liabilities.
3. Loans
500 700
Government
Security
3. Current Assets,
Loan & Advance
Inventory 100 90
Debtors 200 250
Cash& bank 200 210
Other Current 150 100
Assets
Loan & Advance 50 60
Less:-
Liabilities 100 110
(creditors)
Provision 50 40
550 560
4. Miscellaneous 100 140
Expenditure the
Extant not write-
offs
According to above company’s balance sheet, we can analysis that there are
increasing in various sources founds and also increase in application fund.
There are lots of changes from last previous year. We can say that that is
increase in capital of capital of company and also increase of company’s
various assets that are include fixed assets, current assets and etc.
Schedule :- 1
Share Capital (lacks)
Authorized
Equity Share 2500
Capital of 100
each
Issued Surplus
Equity Share 2500
Capital of 100
each
Schedule :- 2
General Reserve 300
Capital Reserve 50
Profit & Loss 300
A/C
Schedule :- 3
Debentures 1000
Loan from
Relative
Schedule :- 4
Gross Dep.
Block
Goodwill 300
Furniture 500
Fix 500
Plant & 1000
Machinery
Factory 500 300
2800 300 2500
Expenditure
Staff Cost 150
Other Expenditure 450
Depreciation 100
Cost of Raw Material Consumed / Purchases 1600
Cost of Bullion 75
Increase / Decrease in Stock in Trade 100
Interest 210
Exceptional Item 15
Profit (+) / Loss (-) from ordinary Activities 300
before Tax
Tax 119
Net Profit (+) / Loss (-) from ordinary Activities 181
After Tax
According to the above profit and loss account of the company we can analysis
that there are increases in profit compare to previous year.
Contingent liabilities are disclosed by way of notes on Balance Sheet and are
not provided for in the accounts.
Long term investments are stated at cost. Current investments are stated at
lower of cost and net realizable value.
6.8.1 Strengths:-
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 it’s many branch office in India and it’s distribution
channel is large so it receiving the more orders and distribution
newspaper is facilitated and thus sales are maximum.
6.8.2 Weaknesses:
Gujaratmitra’s working Procedures allows lots of documentation, which
slow down the work process of the organization.
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.
6.8.3 Opportunities:
Last five year ago 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.
7 BIBLIOGRAPHY
www.gujaratmitra.in
http://gujaratmitra.in/web/
http://www.gujaratmitra.in/web/GujaratmitraWallpapers/tabid/246/Default.asp
x
http://www.samachar.com/epaper/epaper.php?id=66