2. Introduction of the company
The company was established in 1998, from which the
company developed into become one of the best in
Bakery product Manufacturing of bread and cakes.
Mr. Raja CEO and Managing Director of the company
3. The company board consists of three directors
namely,
Mr. V.M. Joseph.
Mr. K. Palanisamy.
Mr. K. C. Kuriya kose.
4. Under the direction of these members, the
company has total of 6 units:
Pioneer Bakeries (P) Ltd at Erode in 1989.
Pioneer Bake House (P) Ltd at Gobi in 1992.
Milka Bakers (P) Ltd at Gobi in 1994.
New Hope Food industries (P) Ltd at Erode in 1996.
Milka Nutriments (P) Ltd at Erode in 1998.
Milka Industries (P) Ltd at Chennai in 2000.
5. CONTINUED
Milka has invested Rs. 2 crore in a sophisticated bread
and biscuit manufacturing unit in Chennai with a
daily production capacity of 60 to 70 thousand breads
and biscuits.
Milka group had been awarded the “GEM OF INDIA”
for No.1 quality bread in South India in 1997 and 1998
6. CONTINUED
The Milka groups of companies yield a total turnover
Rs. 15 crore. From which Milka Nutriments (P) Ltd
figure out for one-third of the total turnover.
180 workers and 27 staff provide their effort for the
upliftment of the company
7. Product profile
It was three kind of cake producing
Wonder cake
Cup cake
Bar cake
10. DEPARTMENT IN COMPANY
Purchase department
Production department
Marketing department
Finance department
HR department
11. PURCHASE DEPARTMENT
Checking of requisitions/purchase indents.
Selection of suppliers for issue of enquiries.
Issuing enquiries/tenders and obtaining quotations.
Analyzing quotations and bids etc., and preparation of
comparative statement (quotation charts). .
Checking legal conditions of contracts. Consulting
Administrative Officer or Secretary
Issue of Purchase Orders.
Follow-up of purchase orders for delivery in due time
13. MARKETING DEPARTMENT
Function of marketing department
Researching WHO the consumers are for the company's
product (middle class? mostly parents? Single males?
Etc)
2. Researching WHAT the consumer’s want
3. Researching HOW consumers are affected by the
advertising AND the products themselves.
4. Conducting the advertising campaign based on that
research.
14. Finance department
Function of finance department
Preparation of budget, appropriation of accounts, re-
appropriations, surrender and savings.
Control of expenditure and ways & means position.
Audit Treasury administration of Taxes i.e. Sales Tax,
etc.
Rules and procedures concerning financial
transactions.
All matters relating to Audit reports
15. Function of hr department
Training.
Training for new employees.
Motivation.
17. Conclusion
The study briefly conducted at MILKA NUTRIMENTS
(P) LTD, Erode under the caption “Working Capital
Management” gives a bird’s eye view of analysis and
evaluation in the Management of Working Capital
Fund.