1. Presentation on Summer Training Presented by : Bhagat Harman Deep MBA 2(A)

2. Indian Textile Industry Textile is one of India’s oldest industry. It is the second largest employment generator . The industry uses a wide variety of fibers . India contributes to around 12 percent of the world's production of cotton yarn and textiles

4. India is known to be the third largest manufacturer of cotton across the globe.

6. SPORTKING INDIA LTD.

7. HISTORY Sportking India Ltd. Was Incorporated on 15-02-1989 by Sh. Raj Kumar Avasthi & his family members.

8. Other Companies of Sportking Group M/s. Sportking Knitwear’s Classis Wears Pvt. Ltd. M/s. Aradhan Knitwear’s M/s. Sportking Exports Namokar Capital Services Pvt. Ltd.

9. Markets USA:Target Stores, JC Penny, Hagger, Li and Fung, Mother Works, Costoc, Urban Outfitters, C.A.G., HMX Sportswear and Walt Disney. EUROPE: George and Tom Tailor.

10. Conti…. Domestic : Pantaloon, Shopper’s Stop, Lifestyle, Pepe Jeans, Max (Dubai and India), Pyramid, Big Bazaar, Westside. They also have a license for the manufacturer of Walt Disney branded garments for India.

11. Classic Wears Pvt. Ltd.

12. Classic Wear Ltd. was established in the year 1987 in Noida. Shifted from Noida to Ludhiana in the year 1988 having a change in name “Classis Wears Private Limited”. Presently it is situated at Village Meharban, Rahon Road, Ludhiana. Presently Classic Wears is a leading manufacturer of Knitwear for gents, ladies and kids in Northern India Production capacity of 1, 50,000 pcs.

13. Business Philosophy ‘TO GROW’

14. Quality policy is: “TO MEET THE COMMON PEOPLE NEEDS”

15. ORGANISATIONAL CHART

17. Do not have enough retail outlets.

19. Can increase market share with wide range

20. Improvement in distribution chain-number of dealers and retail shops in the urban and semi urban areas

26. Total Credit sales Avg. Debtors DEBTOR TURNOVER RATIO =

27. Total Credit Purchase Avg. Creditors CREDITOR TURNOVER RATIO =

28. Sale Avg. Inventories INVENTORY TURNOVER RATIO =

29. Outsider’s Fund Shareholder’s Fund DEBT EQUITY RATIO =

30. Net Profit Sales NET PROFITABILITY RATIO=

33. Work in Progress

34. Finished Goods

36. Avoidance of Abnormal Wastage

37. Avoidance of Out of Stock Danger

38. Economy in purchasing

40. Product deterioration:

42. Ordering Cost

44. Adequate storage Facilities

45. Adequate Reports and Records

46. Intelligent and Experienced Personnel

48. Economic Order Quantity Technique

49. VED Analysis

50. ABC System

53. Research design For this research descriptive research design is used Size of Population All the employees who directly or indirectly related to the inventory in Classic Wears Pvt. Ltd., Ludhiana. Sample size Six employees working in Finance, Store, Production Departments of Classic Wears Pvt. Ltd., Ludhiana. Sample unit: One employee who directly or indirectly related to the inventory in Classic Wears Pvt. Ltd., Ludhiana.

56. Accessories like buttons, zips, tags, patches etc.Work in process: Garments which are in manufacturing process. Finished goods : Garments which are ready to sale in the market. Spare Parts : Needles, Screw

57. Inventory Cycle

58. Factor Effecting the Purchase Order Rank Factors

59. Factor Effecting Inventory Policies Rank Factors

60. Problems in Inventory Management Rank Factors

61. Need of Inventory System Rank Factors

64. They resale the waste material in the market.

65. They purchase the material from their own subsidiaries & from local market.

68. They follow safety & bulk purchases for cost reducing. But they should follow the JIT system. As they are in fashion industry so this is the best method. As they will purchase the goods according to the order, so there will no stock obsolescence.