Operations Department Report For A Start Up Electronics Company

8/10/2019 Operations Department Report For A Start Up Electronics Company

1/19

OPERATIONS

DEPARTMENT REPORT

TEAM MEMBERS:

3. AMAL RADHAKRISHNAN UNNITHAN

6. ANJANA NAIR

7. ANOOP M.

14. HARIPRASAD K.P.30. SWETHA SURESH BABU

31. VIJISH T. MADHAVAN

34. VISHNU P.V.


2/19

1

TEAM MEMBERS AND THEIR CONTRIBUTION TO THE REPORT

NAME DESIGNATION CONTRIBUTION

HARIPRASAD K.P. Operations Manager Selection of vendors,

Invoice preparation,

Data Collection,

Final Report Preparation,

Report Presentation

VISHNU P.V. Product Designer,

Process Analyst

Product Design

SWETHA SURESH BABU Product Designer,

Process Analyst

Product Design

VIJISH T. MADHAVAN Purchase Manager,

Supply Chain Coordinator

Selection of vendors,

Invoice preparation,

Data Collection

ANOOP M.

---

Contacting vendors,

Negotiation with vendors,

Data Collection

AMAL RADHAKRISHNAN

UNNITHAN

--- Contacting vendors

ANJANA NAIR --- Data Collection

VENDORS

NEETHU SANTHOSH KUMAR Blue Diamond Invoice Sending

VISHNU H. Blue Diamond Invoice Sending

SREERAJ S. CS Inc. Invoice SendingCHIPPI MOHANAN CS Inc. Invoice Sending


3/19

2

1. SELECTION OF VENDORS

As per the companys demand for international purchase of low cost

and high quality components for manufacturing LED TV, refrigerator, a

study was conducted to identify the vendors supplying the same. In the

study, five Chinese companies meeting our companys demand and

expectations were found. The details of these companies and their

international ratings are listed below.

CompanyName

CompanyOwner(s)

City Phone e-mail

Started

In

Rating

(Out of

5)

Address

J & L

Corp

Li Juan &

Liu Fang Shanghai

+86-

9745224453

j&l@yahoo

.co.in 2006 3.9

Room 901-903 Hailiang

Building, No. 22, Lane 118,

Zhongjiang Road, Putuo,

District Shanghai, China,

200062

Yin-YangInc Bo

Honghui

Shenzen +86-

8085011111

[email protected] 2008 4.0

Room No.703, Hongshi

Central Building No.225Chaowang Road Gongsu

District Hangzhou,Shenzen,China

Blue

Diamond

Ai NishuBeijing

+86-

8281229625

neeth021@

gmail.com 2005 4.6

Room No.1007 Block A

Hongxi Center Eco-

Business No.2 Tiyu Road,

Beijing, China

CS

Internatio

nal Inc

Chippi

Anish &

Sreeraj S

Xiamen

+86-

7736225522

anishchippi

@gmail.co

m,

sreeraj5155

@gmail.co

m

2007 4.5

Room 2905-2909,

Chuangshiji Square No1,Jiefang Avenue Hankou

Xiamen, China


4/19

3

Tuy-Lin

Corp

Tuy Wei

& Lin

Zhang

Wenzhou +86-

9745224453

tuy_lin_cor

[email protected]

o.in 2006 4.0

Rm2208, Mingchengguoji,

Wuyicun, Renmindonglu,

Yuhuaqu, Wenzhou City,

Hunan District, China

2. CONTACTS WITH VENDORS

The vendors were contacted through e-mail, phone and quotation

approved by the management were sent to each of them. A sample e-mail

and quotation details send on 23-11-2014 are furnished below.

E-mail

Dear Blue Diamond,

We Ninth Sense is a startup company established in Kochi

(India) on 23rd November, 2014. Our founders are Shafiq Showkath Ali

and Miya Davis. Our products are LED TV and Refrigerator.

We wish to purchase raw materials from Blue Diamond.

We are interested to know about your supply process and the offers that

your company can offer us. Our list of required components is attached

with this mail. We request you to send your invoice as soon as possible.

Hoping to be your best customer ever.

Yours Faithfully

Hariprasad K.P.

Operations Manager,

Ninth Sense


5/19

4

Quotation

3. SHORTLISTED VENDORS

Based on the invoices received, only Blue Diamond and CS Inc. are

capable of supplying the entire set of components required by the

company. The e-mails, invoices sent by them are shown below.

SlNo.

Refrigerator Components

Item Units

1 Compressor 1100

2 Refrigerator door 1100

3 Shelves 1100

4 Ice maker 1100

5 Temperature Controller 1100

6 Chiller 1100

7 Drain Pan 1100

Sl No.

LED TV Components

Item Specification Units

1 Power Supply 12-18 Volts 1100

2 Video/Control Board 1100

3 Inverter Board 1200-1500 Volts 1100

4 Remote Receiver 5 Volts 1100

5 LVDS Cable 500 Bundles

6 Tcon Board 5-12 Volts 1100


6/19

5

3.1 Invoice received from Blue Diamond

Dear Hariprasad,

Thank you for sending your decree to Blue Diamond. We have

enclosed the invoice along with this mail. We are ready to send the

shipment anytime once we receive your confirmation. Hoping to serve

you well.

Regards,

NishuVendor Manager

Blue Diamond


7/19

Phone:

Email:

Phone: Invoice #: 385269

Invoice Date: 23-11-2014

Email:

Item # Description Qty (Nos) Unit Price (Rs) Discount Price (Rs)

1 1100 1574 1731400.00

2 1100 8490 9339000.00

3 1100 3146 3460600.00

4 1100 2439 2682900.00

5 1100 5276 5803600.00

6 1100 1479 1626900.00

7 1100 1289 1417900.00

8 1100 699 768900.00

9 1100 308 338800.00

10 1100 1009 1109900.00

11 1100 599 658900.00

12 500 1509 754500.00

1100 295 324500.00

13 1100 690 759000.00

Invoice Subtotal (Rs) 30776800.00

Tax Rate 10.00%

Sales Tax 3,077,680.00

Other

Deposit Received

TOTAL (Rs) 33854480.00Total due in 45 days. Overdue accounts subject to a service charge of 2% per month.

Make all checks payable to Blue Diamond.

Chiller

Drain Pan

Power Supply

Video/Control Board

Inverter Board

Remote Receiver

LVDS Cable Bundles

BluetoothTcon Board

Blue Diamond

Compressor

Refrigerator door

Shelves

Ice maker

Invoice For:

9645125718 ; 9847630049

[email protected]

Bill To: Ninth SenseAddress: Ninth Sense, Palarivattom,

Kochi, Kerala, India, Pin- 682025

Temperature Controller

Address: Room No.1007 Block A Hongxi

Center Eco-Business No.2 Tiyu Road,

Beijing, China

+86-8281229625

[email protected]


8/19

6

3.2 Invoice received from CS Inc.

Dear Hariprasad,

Were glad to know that Ninth Sense wishes to be our client. We

have attached the invoice you requested along with this mail. Hope you

will consider our proposal.

Regards,

Chippi & Sreeraj

Managing DirectorsCS Inc.


9/19

Phone:

Email:

Phone: Invoice #: 15712

Invoice Date: 23-11-2014

Email:

Item # Description Qty (Nos) Unit Price (Rs) Discount Price (Rs)

1 1100 1000 1100000.00

2 1100 750 825000.00

3 1100 700 770000.00

4 1100 750 825000.00

5 1100 1500 1650000.00

6 1100 300 330000.00

7 1100 500 550000.00

8 1100 2000 2200000.00

9 1100 1000 1100000.00

10 1100 1000 1100000.00

11 1100 500 550000.00

12 5001000

500000.00

1100 4500 4950000.00

13 1100 115 126500.00

Invoice Subtotal (Rs) 16576500.00

Tax Rate 10.00%

Sales Tax 1,657,650.00

Other

Deposit Received

TOTAL (Rs) 18234150.00Total due in 45 days. Overdue accounts subject to a service charge of 2% per month.

Make all checks payable to CS Inc.

Chiller

Drain Pan

Power Supply

Video/Control Board

Inverter Board

Remote Receiver

LVDS Cable Bundles

Bluetooth

Tcon Board

CS Inc.

Compressor

Refrigerator door

Shelves

Ice maker

Invoice For:

9645125718 ; 9847630049

[email protected]

Bill To: Ninth Sense

Address: Ninth Sense, Palarivattom,

Kochi, Kerala, India, Pin- 682025

Temperature Controller

Address: Room 2905-2909, Chuangshiji

Square No1, Jiefang Avenue Hankou

Xiamen, China

+86-9526246423, +86-9496267746

[email protected] ; [email protected]


10/19

7

4. PRICE QUOTED BY VENDORS

The invoices received from Blue Diamond and CS Inc.

quoted the following prices.

Company Name Price Quoted (Rs)

Blue Diamond 33854480.00

CS Inc. 18234150.00

5. NEGOTIATED PRICE

The vendors were contacted over phone and tried to

negotiate with them on the price. The negotiation attempt done byOperations Department with Blue Diamond was successful and they

agreed to send a revised invoice. The price quoted in the revised invoice

of Blue Diamond is shown below.

Company Name Price Quoted (Rs)

Blue Diamond 8045180.00

From the two invoices received, purchasing components

from Blue Diamond was found to be profitable for the company. The

revised invoice of Blue Diamond is shown below.

6. FLOW OF THE RAW MATERIALS

The shipment from vendors will reach the Cochin Port in containers

of size 20 inches x 17 inches. From the port, the components will be

transported in vans to the warehouse near the assembly section.


11/19


12/19

8

6.1 Assembling Operations

The Operations Department makes the assembling plan after getting the

requirements from Marketing. Accordingly, Raw Materials (RM) and

Packing Materials (PM) are issued from the vendor. After the batch hasbeen prepared, a bulk components sample is given to the Quality Control

Department for conducting In-Process Control (IPC) test.

6.2 Handling Of Rejected Materials And Product

According to standard operating procedures, all incoming and

outgoing materials which do not conform to the specified requirements

are identified and segregated.


13/19

9

7. REGISTERS TO BE MAINTAINED

Inventory Register

Format of Inventory Register

Inventory ID Name Description Where Warranty Unit Price ConditionEstimated

Value

Quantity

in Stock

Reorder

Level

Reorder

Time in

Days

Quantity in

Reorder Discontinued

Inventory List


14/19

10

8. STOCK MANAGEMENT

Intermec Janus JR2020RF and JR2010RF hand-held computers will

be placed at each receiving dock with the material handlers. An Intermec

9181 base radio will be controlled by a networked computer station

already in place via Intermec 9180 RF concentrator. This would receive

communications from the Intermec Janus. Unique bar-code identification

numbers were given to each storage location section and package of

product.

The employee uses a Janus hand-held computer to scan the product

and destination within the factory. If raw material is left after a particular

job is completed, the remainder is scanned as available inventory as it is

returned to a storage location. The operator need only enter the new

quantity. All information is verified by the program as it is entered, then

the inventory master file on the network is automatically updated in real

time.


15/19

11

9. AUDITING

Considering the fact that our company is a startup company, it is

sufficient to conduct the auditing process once every year. The details of

top 5 auditing firms in Kochi is listed below.

Name Place Phone Number Rating

(Out

of 5)

LEGACY PARTNERS

LLP

Kaloor +(91)-

9562244410

5

A S Narayana Swami &

Co

Market Road +(91)-484-

2383602

4.5

Hariharan L Jos Junction +(91)-

9446870027

4.2

G Natesan & Co

Chartered Accountants

Kadavanthara +(91)-484-

4049469

4.5

Menon & Menon P T Usha Road +(91)-484-2362910

3


16/19

12

10. PRODUCT FEATURES

As per the marketing research report obtained from the marketing

department, the design for the OVIEE TV was derived. It was derived

basically from the customer needs, competitors design market conditions

and incorporating the vision of 9th SENSE Company.

The OVIEE TV has the following key features:

65-inch 4K native resolution screen; Tri-luminous color system; passive

3D playback with 4 pairs of glasses included; SEN online platform;

multimedia playback via USB and DLNA and its unique oval shape.

Figure: OVIEE TV

10.1 What is the OVIEE TV?

The OVIEE TV is basically the point where 4K resolution (aka Ultra

HD) gets serious. Not because the other 4K TVs weve seen to date

havent already dazzled us with their 4K capabilities, but because with its

65-inch screen, living room friendly design and Rs. 20000 price tag

indicate we're getting a lot closer to 4K TVs inching towards the

mainstream designs than ever before in the history of technology.


17/19

13

Does this mean you'll walking down to your local store and walking

way with a 4K TV soon? At Rs.20000 obviously not, but the OVIEE goes

out of its way to deliver a full-on premium living room experience, rather

than just being a drab rectangle that happens to have more pixels in it thanusual. It is, in other words, indicative of the kind of TV that will be

affordable for most people in a two years or so, and which some brave

souls might consider even now.

10.2 OVIEE- Design

Its design is spectacular. The jet-black frame around the screen isbeautifully polished, while the open-frame, chrome-like circular desktop

stand is remarkably small, deflecting practically none of your attention

from the mighty 65-inch screen. Also eye-catching is the silver

Intelligence Centre box hanging from the TVs bottom, which contains

the TVs uber-powerful processing chips and also changes the color of the

light it emits in line with which source youre watching.

By far the most striking thing about the design, though, is the array

of open speakers that sit flush with the glass screen in two glinting black

extension wings. The way these speakers have been sculpted onto the

TVs glassy finish is visually spectacular. But more important is their

potential to deliver an audio experience miles beyond anything wed

customarily expect from a flat TV.


18/19

14

10.3 OVIEE - Speakers

For starters, theyre front mounted, meaning their sound will project

straight out toward you rather than having to be fired down as happens

with most flat panel TVs. Also there are three separate drivers on each

side, including dedicated tweeters. Separating the speakers out in this way

will help the TV to deliver far greater power without disrupting clarity

than any conventional TV speaker array ever could. Last but not least

where the speakers are concerned, they use new Magnetic Fluid design

created to enable slim speaker enclosures to deliver the sort of audio range

and dynamics only previously possible with large box speakers.

10.4 OVIEE - Connections

The OVIEEs rear contains an interesting roster of connections,

including highlights of four v1.4 HDMIs, three USBs, a LAN and built-

in Wi-Fi. Why is any of this especially interesting? Because the HDMIs

arent built to the still unratified HDMI 2.0 standard, and so cant beabsolutely guaranteed to be able to deliver every 4K / Ultra HD format

that might emerge in the coming years. All we can say with absolute

certainty is that the HDMI v1.4 standard should deliver 4K images up to

30fps, as it does now.

It should thus be able to cope with the 24fps movie transfers

currently employed with the 2K HD Blu-ray format. But there could

potentially be issues with future 4K Ultra HD broadcasts if they happenand opt for a 50/60Hz format, or 4K Blu-Rays if directors want to use

faster frame rates, or even potentially 4K gaming if somehow next-gen

gaming platforms start being able to deliver 4K experiences at 60Hz.


19/19

Date post:	02-Jun-2018
Category:	Documents
Upload:	hariprasad
View:	216 times
Download:	0 times

Operations Department Report For A Start Up Electronics Company

Documents