Post on 12-Apr-2015
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PROJECT REPORTON
INVENTORY MANAGEMENT
Ramandeep
MBA – 3rd Sem.
Roll No 890829
INRODUCTION
•The existence of GNA came into being in 1946, in a small village called Bundala in District Jalandhar of Punjab.
•Founded with a modest beginning by Late Mr. Amar Singh Ji and nourished by his sons Mr. Rachhpal Singh and Mr. Gursaran Singh, with the artistic creativity that was gifted to the next generation by tradition. •GNA is now boosted and taken care by the third generation Mr. Jasvinder Singh, Mr. Maninder Singh, Mr. Ranbir Singh and Mr. Gurdeep Singh.
•Today GNA group has created an important place for itself in Indian as well as Global Automotive Industry.
GNA Group
GNA Axles Ltd.
GNA Duraparts Pvt. Ltd.
GNA Udyog Ltd.
GNA Axles Ltd.
GNA Axles Ltd. has a large variety of Axle Shafts ranging from 1.5kg to 150kg, producing more than 2 million Axle Shafts annually. Their long-standing global presence is owed to experience in the development and manufacture of Real Axle Shafts.
GNA Duraparts Pvt. Ltd.
GNA Duraparts is equipped with world-class resources and expertise to manufacture a vast range of gears, gear boxes and allied products for a variety of automobile applications.
GNA Udyog Ltd.
GNA Udyog is equipped with world-class resources and expertise to manufacture a vast range of propeller shafts assemblies, steering column assemblies and allied products for a variety of automobile applications.
Product Range
Propeller Shaft Assemblies
Steering column Assemblies
Intermediate Drive Shaft Assemblies
Tie Rod
Front Axle Assemblies & Components
Pitman Arm
Off Highway Products
MISSIONTo become the numero uno in machined forgings in the world
VISIONTo become a highly growth oriented company based on strong business fundamentals
Propeller Shaft
Steering Column Assemblies
Intermediate Drive
Shaft
Tie Rod
Pitman Arm
Milestone
Awards
Mr. Jagdish Singh CMD, Receiving ACMA Export Excellence Award
From Mr. Rajiv Bajaj MD Bajaj Auto FTY 2006-07
Mr. Jagdish Singh CMD, Being Recognisize
Business Sphere-Business Man of the Year
Mr. Jagdish Singh CMD, Receiving ACMA Export Excellence Award
From Mr. Y. Deveshwar Chairman ITC FTY 2005-06
Manufacturing Facilities
Forging
Heat Treatment and Induction
Process Of Pivot Pins
Machining
Assembly
Tool Room
Forging
Heat Treatment and Induction
Process of Pivot Pins
Machining
Propeller Shaft Assembly
Ashok Leyland Limited (Heavy Commercial Vehicles)
Tata Motors Ltd ( Medium & Heavy Commercial Vehicles)
Swaraj Mazda Limited (Light Commercial Vehicles)
Maruti Udyog Limited ( Passenger Vans/MUV?s)
Mahindra & Mahindra Limited (MUV?s)
New Holland India
Customers of GNA
JCB
Same International (Tractors)
Escorts (Tractors)
ITL (Tractors)
Terex (Earthmoving Vehicle)
Carraro India Limited
Punjab Tractors Limited
TMA, USA
Indo Farm Tractors Limited
Force Motors
TAFE Tractors
Standard Combine
John Deere
Renault
CLAAS
Corporate Social Responsibility
GNA firmly believes that growth does not happen in isolation. They are of the view that opportunities for education and technical up gradation of their youth must be created locally. At GNA-IMT, what they have built is an instrument for knowledge sharing.
INVENTORY MANAGEMENT
WHAT IS INVENTORY?
Inventory is defined as a stock or store of goods. These goods are maintained at or near a business’s location so that the firm may meet demand and fulfill its reason for existence. If the firm is a manufacturer, it must maintain some inventory of raw material and work-in-process in order to keep the factory running. In addition, it must maintain some supply of finished goods in order to meet demand.
WHY KEEP INVENTORY?
Meet demand
Keep operations running
Lead time
Hedge
Quality discount
Smoothing requirements
Controlling inventory