Inventory Management at Textile Mills.docx - Operation and Production Management Project Report on Inventory Management of Textile Mill Submitted by

Inventory Management at Textile Mills.docx - Operation and...

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Operation and Production Management Project Report on Inventory Management of Textile Mill Submitted by: Muhammad Nazir Ansari Sadia Rafique Salman Khan Qudsia Saleem Humna Hazik Class & Section: BBA-6B Submitted to: CDR. (RTD) AZHAR NISAR
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Letter of Transmittal To Cdr. (R) Azhar Nisar Assistant Professor, MS Department, Bahria University Karachi Respected Sir, We are grateful to submit the attached report which we have named as “ Inventory Management at Gul Ahmed Textile ” in partial fulfilment of the requirements of our course. The main purpose of this report is the application of Inventory Management tools and Techniques as a Textile Manufacturing. This research gave us the bold concept about locating facilities and extended our knowledge base. We hope that the report is acceptable to you; we have prepared this after a detailed discussion with the Production manager “----------”. Given the time constraint and the Limited resources, the report is best prepared and gives an overview to the reader about the topic. Yours Sincerely, SADIA RAFIQUE AHMED SALMAN KHAN MUHAMMAD NAZIR ANSARI HUMNA HAZIKH BUKHARI QUDSIA SALEEM CLASS: BBA-6B
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EXECUTIVE SUMMARY This report consists of "Inventory Management" at textile mills. Gul Ahmed started trading textiles in early 1980s.In 1953, the group stepped in the field of manufacturing with the leading name as "Gul Ahmed Textile Mills". All operations in a company have some kind of inventory. The timings of supply and demand never match. So, in order to save the time and operations from stopping, inventories are needed. In this report we spent our time and visited the Gul Ahmed Textile Mills to get the data, to predict the importance, factors, methodologies and limitations of inventory management. After completing our report, we were able to predict the importance of inventory management, factors affecting inventory management, methodology and limitations that influence the study.
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Acknowledgement Firstly, we would like to express my appreciation towards our teacher Cdr (R) Azhar Nisar for his kind co-operation, monitoring and encouragement which helped us in burnishing and completing the report. It would not have been possible without our group members (Salman Khan, Sadia Rafique, Humna Hazik, Qudsia Saleem, Muhammad Nazir Ansari) who have willingly helped to manage and complete the report in the given frame of time. We are highly indebted to “Gul Ahmed Textile” for providing us the necessary information related to our report, which expanded our horizon related to Inventory Management at Textile Industry.
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List of Appendices I. Interview Schedule II. Procedure for procurement III. Picture of Stores Etc. IV. List of Products
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Table of Contents Letter of Transmittal .................................................................................................................................... 1 EXECUTIVE SUMMARY ................................................................................................................................. 2 Acknowledgement ....................................................................................................................................... 3 List of Appendices ........................................................................................................................................ 4 Aims of The Study ........................................................................................................................................ 6 Objectives of The Study ............................................................................................................................... 6 Introduction of Gul Ahmed .......................................................................................................................... 7 Limitations ................................................................................................................................................... 8 Methodology ............................................................................................................................................... 9 Inventory Management at Gul Ahmed Textile: .......................................................................................... 10 Flow chart for Procedure at Textile Mills ................................................................................................... 11 Procedure Flowchart at Textile Mills .......................................................................................................... 12 Supply Chain Management for Inventory: ................................................................................................. 12
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