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INDUSTRY
PO Box 62718, Dubai, United Arab Emirates
SS
Tel: 06-747-4949 Fax: 06-747-4944
Ajman Free Zone, Ajman.
Email: sushilsharma09@gmail.com
. spectrumsas@gmail.com
INTRODUCTION
This company was started by Mr. Sushil Sharma & Mrs. Alka Sharma
in 1998 in Free Zone Ajman for manufacturing Textile Garments &
home furnishing items.
Studying and analyzing all the factors of the inventories along with optimum
inventory level of this group. This company inspite of its sincere efforts is
not getting its best possible results for the last 4 years and is facing more
financial problems because of the recession in international market.
Through ABC analysis and EOQ analysis some of the problems can be
rectified.
IMPORTANCE OF INVENTORY
Scope:
The company and its associates who are being studied would be within
United Arab Emirates.
Objective:
Methodology:
• Data collection:
• Primary Data: will be from the meetings and interviews with
Management, staff and workers. We will collect data’s of various
departments like production, purchase, costing, Accounts, stores, etc.
• Secondary Data: Although the data are collected from the company’s
accounts, reference to books and internet websites makes the project
much more applicable.
• Period of Study and Cost : The total time period for completion of
my project would be approximately 45 days and approximate cost for
completion of this project would be around 750/Dh that includes
transportation and other petty expenses.
Conclusion and Recommendations
With the help of study and analysis of inventory management one can
suggest many concrete suggestions for improving the growth of the
company. By implementing the suggestions of this project report, this
company will become a profit making company within a year. Once the
project is complete the company will be able to handle and control its
inventories in the optimum requirement.
Reference Materials
Books:
• Financial Management – by I M Pandey.
Journal:
• UAE Digest Magazine
• Gulf Business
• Gulf News
• Khaleez times
• Business times
Websites
• www.dubaifreezone.com
• www.ajmanfreezone.com