MBA morc Viva project

1. A STUDY ON INVENTORY
MANAGEMENT
AT
WIPRO INFRASTRUCTURE ENGINEERING,
HINDUPUR.
SUBMITTED BY: SHAIK SUHEL BASHA
REGD.NO:18F31E0048

2. WIPRO INFRASTRUCTURE ENGINEERING
Type : Public
Industry : Conglomerate
Founded : 29 Dec 1945
Headquarters : Banaglore, India
Area Served : Worldwide
Key People : Rishad Premji (Chairman)
Thierry Delaporte ( CEO )
Products : Personal Care, Health Care, Lighting, Furniture
Revenue : US$8.09 Billion (2020)
Number of Employees : 175,000 (2020)
COMPANY PROFILE

3. OBJECTIVES
 To study the Inventory Management System in Wipro Infrastructure Engineering.
 To study the present practices in inventory of spares and supplies and raw materials.
 To calculate the optimum level of inventory using inventory control techniques.
 To know the findings and provide suggestions

4. RESEARCH AND METHODOLOGY
 Research Methodology
 Meaning of Research
 Research is a careful consideration of study regarding a particular concern or problem using scientific methods. Research is a systematic
inquiry to describe, explain, predict, and control the observed phenomenon.
Purpose of Research
 Research is conducted with a purpose to understand:
 What do organizations or businesses really want to find out?
 What are the processes that need to be followed to chase the Idea?
 What are the arguments that need to be built around a concept?

5. RESEARCH DESIGN [continue]
 Sources of Data
 Primary Data
 Secondary Data

6. Continued…...
Basis for Comparison Primary Data Secondary Data
Meaning: Primary data refers to the
first hand data gathered by
the researcher himself.
Secondary data means data
collected by the someone else
earlier.
Data: Real time data Past time data
Process: Very involved Quick and easy
Source: Surveys, Observations,
Questionnaires,
Experiments,,.
Internal records, internet,
magazines, publications, ,...
Cost Effectiveness: Expensive Economical
Type of Data: Qualitative data Quantitative data
Methods: Observations, Experiments,
Interview
Desk research methods,
searching online,,

7. DATAANALYSIS
Finished Goods Turnover
S.NO YEAR SALES
Rs
AVERAGE
FINISHED
GOODS
TURNOVER
TIMES
AVERAGE
DAYS IN
STOCK
1 2012 57.65 12.06 4.77 75
2 2013 97.21 10.48 9.27 39
3 2014 111.33 7.30 15.23 24
4 2015 56.61 3.09 18.27 20
5 2016 324.86 9.64 33.67 11

8. 
INTERPRETATION
From the above table higher the finished goods turn over lesser will be the inventory The
ratio is least in the year 2012 i.e. 4.77,later from 2010 to 2016 it has raised consistently .The
ratio is highest in the year 2016 around 33.67 ,therefore company is successful in converting
finished goods in to sales.

9. FINDINGS
 SAP, Inventory Management Software has
significantly improved inventory turns, optimized
the flow of goods, and has shorten routes within
warehouse, improved cash flow, visibility, and
decision making.
 There is reduction in number of days inventory
remains idle after production.
 WIN is planning for JIT inventory control system.

10. SUGGESTIONS
 There may be frequent stock verification.
 The personal handling the stock may be probably
trained with a view to reduce the preventable losses.
 It is better if company adopts JIT inventory control
technique, so that it can avoid excess raw material
holding period.

11. CONCLUSION
 The study reveals the policies, procedures,
techniques implemented by the company in order to
maintain efficient inventory management.
Performance of the company in terms of inventory is
great in the recent years. The inventory management
should aim at procuring the raw materials when the
requirement arises most economical way.

12. THANK YOU…...