1. GOPAL SNACKS PVT. LTD. Page 1
A
Project Report
On
Incentives
Of
GOPAL NAMKEEN PVT. LTD.
(RAJKOT)
Submitted By
Meghna V. Vadariya
T.Y.B.B.A. (A)
Roll No. 56
Guided By
Prof. Khushbu Patel
Submitted To
Saurashtra University
Rajkot
Shri Patel Kelvani Mandal College of
Technology
College Road, Junagadh.
Academic year
2016-2017
2. GOPAL SNACKS PVT. LTD. Page 2
DECLARATION
I, undersigned, Meghna V. Vadariya the student of
T.Y.B.B.A., Shri P.K.M. College of Technology & B.Ed., Here by
declared that this Project Report is my own work and it has been carried
out under the guidance of Prof. Khushbu Patel. This report has not been
submitted to any other University for examination.
Place:-Junagadh
Date:-26th
March 2016
Meghna V. Vadariya.
3. GOPAL SNACKS PVT. LTD. Page 3
PREFACE
Today’s world is management world and BBA gives the
theoretical knowledge with practical knowledge. Every coin have two
sides, it is true as like one side is theory and second side is practical side.
Only theoretical knowledge is not enough, practical knowledge is also
necessary.
Practical knowledge plays a vital role in BBA, no value of
theatrical knowledge without practical knowledge. As a part of BBA I got
the chance to get practical knowledge by having an industrial visit in
GOPAL SNACKS PVT. LTD. And I have improved my practical
knowledge by this project.
This project report, which is based on industrial training,
gives the BBA (SEM-6) students a through preparation for future
theoretical as well as practical application.
This training has been undergone at GOPAL SNACKS
PVT. LTD. for the knowledge of practical study of unit.
4. GOPAL SNACKS PVT. LTD. Page 4
ACKNOWLEDGEMENT
I am really heartly thankful to our management of P.K.M.
College because without their guidance I cannot able to complete and
submit my project within the time period. I am also especially thankful to
Director Dr. Mansukh Bhalodiya, and Khushbu Patel who provide very
nice guidance to full fill my project.
And as my duty I cannot forget to thankful to “GOPAL
SNACKS PVT. LTD.” company which is situated at Rajkot, who provide
me better & latest information.
Finally yet importantly, the help & support of my friends and
professors have made this venture successful. Therefore, I would like to
thank them all from care of my heart.
- Meghna V. Vadariya
7. GOPAL SNACKS PVT. LTD. Page 7
Company profile
NAME Gopal Snacks Pvt. Ltd.
ADDRESS 2322-24, G. I. D. C., LODHIKA.
VILLAGE METODA.
RAJKOT-360 021
CONTACT NO,
(02827) 287370
E-MAIL gopalnamkeen@gmail.com
CHIEF PROMOTER Bipinbhai Hadvani
FORM OF UNIT Private Limited Company
SIZE OF UNIT Medium Scale Company
FIRM OF UNIT Private Limited Company
BANKERS Bank of India & State Bank of India
YEAR OF
ESTABLISHMENT
1994
MAIN PRODUCTS All Kind of Namkeens & Fryums
MOTTO Give a satisfaction to consumer
AREA COVERED BY
COMPANY
17958 Sq, Feet.
BRAND NAME Gopal Namkeen
REGISTRATION
OFFICE
2322-24, G. I. D. C., LODHIKA.
VILLAGE METODA.
RAJKOT-360 021
ACCOUNTING YEAR March-April
ACCOUNTING SYSTEM Double Entry
SLOGAN Sab Bhoomi gopal ki
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History and development
A good deal of time, patience and strong determination are
pre-requisite to be succeeding, each and every successful companies has
glorious history which always work as measurement and guide for the
future. GOPAL SNACKS PVT LTD is one of the most prestigious
companies in Rajkot.
GOPAL SNACKS PVT LTD was started by Mr. BIPIN
BHAI HADVANI on, 2004. Managing director Mr. BIPIN BHAI
HADVANI is one the director also, which already has obtained a
prestigious mark of quality ISO 9001:2000 TUS-SUD, and
manufacturing different kinds of Namkeens and snacks.
They have good infrastructure for developing items. They
are using most of imported machine, for different types of Namkeen,
different types of snacks etc.
When company is started no more consumer but now
GOPAL NAMKEEN is become most popular company and company
have more than 70% consumer in the Namkeen market.
The journey of “GOPAL NAMKEEN” is started in year
1965 by the member of Vithhal Bhai Haribhai Hadvani & Family. For
supplying snacks and namkeen to local market at Rajkot. Due to the great
success of that product they decided to make their own product line in
year 1994 at Raj nagar society, Nana Mahuva Road RAJKOT.
By the huge retail success they inspired to set a Gruh Udyog
plant at Mavdi plot, Amar nagar in year 2001 to 2009.
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Instead of preparing snack and namkeen but the traditional
frying method this semi automatic plant boosted at Vajdi (Vad) -
RAJKOT in year 2009-2010 for the quality, taste and more sales also.
In December 2009 the Gopal Gruh Udyog is converted to
Gopal snacks pvt.ltd. From May, 2010 it is transferred at GIDC Metoda,
in 2000 meter land and 75000 sq. feet of buildings. Gopal namkeen is
now looking forward to march over India.
The fame of taste reached to the whole Gujarat hence it was
time to takeover the whole Gujarat so that biggest automatic plant of
Gujarat came in to the picture. Gopal Namkeen is now looking forward to
march over India.
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CONTRIBUTION OF THE UNIT TO THE
INDUSTRY
“Gopal Snacks Pvt. Ltd.” is providing various types of
namkeen and farsan. Its efforts since 1960 has now emerged as a major
industrial contributing 70% of all namkeen production in Gujarat.
GOPAL NAMKEEN is one of the most prestigious
companies in Rajkot. The journey of "Gopal Namkeen" is started in year
1965 by the member of Vithhal Bhai Haribhai Hadvani & Family. For
supplying Snacks and namkeens to local Market at Rajkot. GOPAL
NAMKEEN was started by Mr. BIPINBHAI HADVANI on, 2004.
Managing director SHRI BIPINBHAI HADVANI is one the director
also, which already has obtain a prestigious mark of quality ISO
9001:2000 TUS-SUD, and manufacturing different kind of Namkeen
and snacks.
When company was started no more consumer but now
GOPAL NAMKEEN is become most popular company and company
have more than 70% consumer in the Namkeen market. It is a large scale
industry and private limited also. Therefore, it requires a number of
employees. GOPAL NAMKEEN generates employment opportunities
for unemployed worker. So the ratio of unemployment is decreased.
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Present body of management
Founder of Company : Mr. Vitthal bhai H. Hadvani
Managing Director : Mr. Bipin V. Hadvani
Mr. Praful V. Hadvani
HR Manager : Mr. Rajan Kalariya
Sales Manager : Mr. Sagar bhai Bhalara
Mr. Arvind bhai Parmar
Factory manager : Mr. Ashok Faldu
Storing in charge : Mr. Nayan Patel
Final Goods Dep. Head : MR. Praful Hadvani
12. GOPAL SNACKS PVT. LTD. Page 12
Organization Structure
Marketing
Department
Production
Department
Personal
Department
Director
Financial
Department
Managing Director
Chairman
Sales
Executor
Personal
Manager
Marketing
manager
Clerk
Assistant Account
Financial
Manager
Assistant
Supervisor
Workers
Operator
Production
Manager
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Forms of organization
There are three type of organization.
Sole proprietorship
Joint stocks company
Partnership
SOLE PROPRIETORSHIP:
It means a single owner in a firm, in this type of firm all
decisions are taken by self.
JOINT STOCK COMPANY:
It means when the company collect fund with the help of
issuing shares, debenture, public deposits etc
PARTNERSHIP:
It means a two or many person together meet for profit
objective. And take every decision by all partners.
GOPAL NAMKEEN is wholly managed by only one owner
that is BIPIN BHAI, so we can say that it’s a sole proprietor.
.
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Size of Unit
There are four size of business organization.
1, Tiny Industry / Cottage Industry
2, Small Scale Industry
3, Medium Scale Industry
4, Large Scale Industry
1, Tiny / Cottage Industry
The investment of an industry in its fixed assets does not exceed
Rs, 5 laths is known as tiny or cottage industry.
2, Small Scale Industry
The investment of an industry in its fixed assets does not exceed
Rs, 3 crores are known as small scale industry.
3, Medium Scale Industry
The investment of an industry in its fixed asset is more than Rs, 3
crores but not exceed Rs, 5 crores are known as medium scale industry.
4, Large Scale Industry
The investment of any industry in its fixed assets is more than Rs,
5 crores are known as large scale industry.
“Gopal snacks pvt. Ltd” is medium scale industry. Its total capital
is Rs, 4.5 crores investment in plant and machinery.
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. Location aspects
Location of unit is most important factor for to be
consideration for successful working of any organization. It also plays
vital role in the development of the unit. The total cost of manufacturing
cost of any business unit is higher due to the wrong selection of location
of their business.
The main object of an industrial concern is to maximum
profit through minimum of production cost.
The present location of gopal snacks pvt ltd is the lodhika
estate G I D C metoda, in Rajkot. In this location all the necessary
facilities are easily available like the electricity supply, finance, labour
etc.
Company mainly consider following factor of the time of selecting
location.
Easy availability of raw materials
Transport facility
Cheap fuel
Loan at cheapest rate
Government policy
Easily available labor
Above all factors are available to company, so we can say that GOPAL
SNACKS’ location is the best location.
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Time Keeping System
Time keeping system is very important because by this
management can control and facilitate employee discipline.
Time keeping system contain how many shift and how many
hours in each shift according to the rule of the government any unit
cannot take work more than 8 hours from the workers. This is beneficial
for the unit and worker also.
Beneficial for unit because it is easy to calculate the wage of
worker on the time of hour basis ad beneficial for employee because it
gives against their exploiting.
There are two shifts:
Workers Shift
6 am to 2 pm
2 pm to 10 pm
10 pm to 6 am
Office Time
9 am to 12 pm
1 pm to 6 pm
Recess Time
12 am to 1 pm
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No. of employees and services offered to them
Gopal Snacks Pvt. Ltd. is medium scale industry. About
1000 workers are work in Gopal snacks Pvt. Ltd. Company gives them
sufficient wage and salary. Bonus and other incentives also given by
company to their workers.
With the wage or salary some more facilities are given by
the company to the employ that is known as employment benefits.
Some Employment Benefits are as under
Bonus system
Resident facility
Medi claim
Child education
Canteen facility
Traveling Allowance
Kariyavar bonus
Gopal Namkeen is providing a resident facility and
insurance facilities to his employ. And also gives bonus on Diwali.
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Manufacturing process and products and other
product related information
Manufacturing Process:
1) Laboratory:
First company received raw material from the wholesaler
and checked material by quality officer, if any problem in the material
than rejects materials and sent back to supplier.
2) Storage:
After checked raw material no use all material in one time so
extra material are kept in storage. Company has a large place for store
bulk material. Companies store room’s behind the compass.
3) Dough Making Process:
It is first step for making a product, in his step floor is tight
according to production.
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4) Frying Process:
Second step of the production is frying. In this step company
fry all types of Friems and namkeen in frying pan. Company has latest
machinery for it process.
5) Oil Extractor:
After fry a product if more oil in the namkeen than these all
is sent into this machinery. In this machine extra oil is removed.
6) Semi Automation Seasoning Process:
In this step, all namkeen and Fryums items are mixed a
seasoning upon the product. Here include a many seasoning as like sweet,
spice, salty, etc.
7) Automatic Pouch Packin:
In this step all product are packed in proper pack. Gopal
Namkeen has an automation packed according to grams. And a most
important think is right product pack in to right beg.
8) Box Packing:
Box packing is last step of process. In this process all packed
product are pack in the big cartoons according to box size and sent to
carriage.
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9) Semi Automation Seasoning Process:
In this step, all namkeen and Fryums items are mixed a
seasoning upon the product. Here include a many seasoning as like sweet,
spice, salty, etc.
10) Automatic Pouch Packing:
In this step all product are packed in proper pack. Gopal
Namkeen has an automation packed according to grams. And a most
important think is right product pack in to right beg.
11) Box Packing :
Box packing is last step of process. In this process all packed
product are pack in the big cartoons according to box size and sent to
carriage.
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Process Chart:
Raw Material
Laboratory
Storage
Dough Making
Process
Frying Pan with
Burner
Oil Extractor
Semi-Automatic
Seasoning
Box Packing
Automation Pouch Packing
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Products:
Namkeen and farsan
Papdi gathiya Champakali
Gathiya
Bhavnagari
Gathiya
Vanela
Gathiya
Tikha gathiya Phulavadi
Gathiya
Nylon
Gathiya
Tikha mitha
Mix
Thick Sev Thin Sev Tikhi Sev Nadiyadi
Chavanu
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Garlic Sev
Murmura
SakkarparaSev murmura
Plain
Farali
Chevdo
Dabela
Chana
Chana Dal Mug Dal Dal Muth
Masala Peas Sing Bhujiya Chiki Box Chiki
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Fryums
Rugby ball Chips Chawakadi Alphabet
Gear Ring Mini Ring Plane Doll
Sago Ball
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OTHER PRODUCT RELATED
INFORMATION
Raw material and sources:
GOPAL NAMKEEN is mainly produces food product which
is made with help of beans, oil, mirchi powder, etc for Namkeen. And
company also purchases plastic raw materials for packing a product.
RAW MATERIALS SOURCES
Besan directly from BOSS BESAN COMPANY
Oil directly from SOMNATH OIL MILL-SHAPAR
Necessary Masala MIRCH POWDER from RAMDEV MIRCH
Wheat direct from Ahmadabad market
Company directly purchases raw materials in bulk from
Manufacturer Company, so GOPAL NAMKEEN purchase in low rate.
Quality Control:
Quality control managers and control all the parameters of
quality of namkeens and fryums.
Quality is checked so that the consumer may not get spoiled
food. The taste, color and texture should be maintained till time it reaches
to the consumer.
Quality control test are done so that there are no microbial
changed, physical changes and rancidity which can spoil the quality of
the food.
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Therefore to prevent all the microbial actions rancidity,
demotic changes, chemical changes and physical damages various quality
tests are done upon food items.
There are tests carries out by the quality control
1) Moisture Test
2) Acidity, Salt, PH
3) Peroxide Value
4) Fat Value
5) Ash Test
6) Restandardization of Various Segments.
7) Calibration
Before doing any test you need the food sample. Food
sample is collected from the production department. Where the food is
prepared. After the preparation of the snacks, which is freshly prepared,
sample is collected from every slot of preparation.
E.g. Garlic sev is prepared and there are 3 slots of 10 Kg
each. A quality control member will come and take one cup each from
every slot and then they will mix take one cup of for the quality testing
purpose. This is how sample is collected, which is called sampling.
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FUTURE ASPECTS
Every body’s future is uncertain although everybody plans
for their future.
GOPAL NAMKEEN also has some future planning which are as under.
GOPAL NAMKEEN’S plan is to enter into the International
market.
Also company enters in to potato chips market.
And they also want to use more and more latest technology.
They want to give more and more satisfaction to customer.
To get more and cheaper production.
To increase plant and machinery for reach demand in Gujarat.
To increase market share and stand against stiff market competition.
.
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INTRODUCTION OF HRM
Human Resource are the most valuable and unique assets of
an organization. The successful management of an organization’s human
resources is an exciting, dynamic and challenging task, especially at a
time when the world has become global village and economics are in a
state of flux. The scarcity of talented resources and the growing
expectations of the modern day worker have further increased the
complexity of the human resource functions are the responsibility of the
human resource department, the actual management of human resources
is the responsibility of all the managers in an organization.
It is therefore necessary for all managers to understand and
give due importance to the different human resource policies and
activities in the different human resource policies and activities in the
organization. Human Resource Management outlines the importance of
HRM and its different functions in an organization. It examines the
various HR processes that are concerned with attracting managing,
motivating and developing employees for the benefit of the organization.
The book discusses the issues in human resource
management in a changing environment and suggests possible ways of
leveraging and managing human resources. Changing trends in human
resource management have been explained using contemporary examples
form Indian companies.
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DEFINITION OF HRM
“HRM planning, organizing, directing and controlling of the
procurement, development, compensation, integration, maintenance and
separation of human resources to the end those individual, organizational
and social objectives are accomplished.”
FEATURES OF HRM
HRM is a process.
It is a continuous process.
HRM gives a lot of importance to achievements of objectives.
HRM has universal application.
HRM involves the integrated use of subsystems.
HRM tries to develop the team spirit of the organisation.
HRM develops the potentialities of the staff by giving them training
and developments.
HRM brings many long term benefits to the individuals.
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Introduction
A bonus is a payment which is backward- looking and
usually discretionary or at least not expected from the employees. A
decision is made to pay it to one, a group or all employees, based on
criteria decided by management to reward past achievements, such as
reaching a specific profit or some important milestones for the
organization, or in a totally discretionary manner.
An incentive is a plan which is forward-looking. Payment is
tied to the achievement of specific objectives that have been pre-
determined and communicated to the employees that are on the plan. The
purpose of the incentive scheme is to influence behavior to reach the
objectives by providing an incentive to work towards the goals.
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Features of incentives
It consists of monetary and non monetary elements.
Usefulness and success of incentive plan depends on time,
frequency and accuracy.
Employees should know about incentives so that they work harder.
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Advantages of Incentives
Incentive plan motivate workers for higher efficiency and
productivity.
It can improve the work-flow and work methods.
Incentive plans make employees hardworking and
innovative.
When employees are dedicated, supervision costs can be
reduced.
The national commission on labour says that under our
conditions, wage incentives are the cheapest, quickest, and
sure means of increasing productivity.
Incentive plans help establish positive response in an
organization.
It helps workers improve their standard of loving.
The other benefits offered by incentive plans are reduced
turnover, reduced absenteeism, and reduced lost time.
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Disadvantages of Incentives:
Incentives plans can lead to disputes among workers, since
some earn more than others.
Hunger for money among the workers forces them to
overwork, which may affect their health.
Some workers may involve in malpractices in order to earn
more money.
For enhanced incentives, they may sacrifice quality.
It also leads to corruption by falsifying the production
records.
Incentive plans can create tensions among different
personnel.
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Objectives of Incentives
Increase in productivity
Reduction in labor costs
Improvement in efficiency
Rise in worker’s earnings
Higher employee motivation & morale
Greater contribution to organizational effectiveness
Encouraging employees to achieve specific organizational goals,
such as increasing profits, improving product quality, etc.
Cheating & maintain harmonious labor management relations.
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Types of Incentives
Incentives can be classified into three categories:
1. Financial incentives:
Some extra cash is offered for extra efficiency. For example,
profit sharing plan and group incentive plans.
2. Non-financial incentives:
When rewards or prizes are provided by the organization to
motivate the employees it is known as non-financial incentives.
3. Monetary and non-monetary incentives:
Many times, employees are rewarded with monetary and
non-monetary incentives that include promotion, seniority, recognition
for merits, or even designation as permanent employees.
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INCENTIVES GIVEN BY COMPANY
Company gives incentives to their employees on the basis of
time they work in the organisation. Incentives is also given on the basis of
their performance.
Taking care of the family
Giving free vacations
Big money incentives
Rewarding safety
Keeping employees healthy
Reloadable gift cards
Immediate vacation time
Profit- sharing plan
Company also gives bonus and other incentives like
travelling facility, hostel facility for girls, canteen, etc… to their
employees