Textile Instution Training Report

CONTENTS S.NO. 1. 1.1 1.2 2. 3. 4. 5. 6. 7. 8. 9. 10.

TITLE Introduction Introduction to the textile Introduction to the organization Purchase department Production processes Production department Sales department Accounts department Marketing department Stores department Organisation chart Conclusion

INTRODUCTION TO TEXTILE INDUSTRY The Textile mills produce yarn, thread, and also a wide variety of textile products for use of individuals and business. The clothing need of our country is mainly contributed from the power loom sector. About 8 million power looms are in the operation in our country producing about 100000 million meters of cotton cloth every SITRA (south Indian textile research association) established in the Coimbatore and it plays as the research organization for textile in south India. The textile industry is a group of related industries which uses a variety of natural (cotton, wool etc) and synthetic fibbers to produce fabric.

VARIOUS DEPARTMENTS Purchase department Production department Stores department Marketing department Sales department Accounts department

Financial department

PURCHASE DEPARTMENT The first function of textile mills is purchasing the raw materials. Raw materials include purchasing of cotton. Before purchasing the samples of cottons are received after checking it the purchasing order is sent. The purchase is done through the brokers, commission agents or through the direct dealing of the spinning mills. While receiving the yarn bags the manager has to check for the quality. Then after receiving the yarn bags the weight of the bags are checked. There are usually two types of yarn wrap and weft yarn. The counts are usually 20’s, 30’s and 40’s type of cottons They are purchasing verities of cotton. They are Mech-1 Shivana-super Lra Rch They purchase the cotton as bale wise. They are purchasing nearly 200 bales at one time. They are using Lorries and tempos as their mode of transport for their delivery of raw material. The recquired raw materials are also purchased form various cities and towns.

Mode of payment Cash purchase Cash purchase means purchasing raw materials for ready cash. The payments are made during the purchase because while purchasing large quantity there will be a cash discount. The direct payments are made through cashes and cheques. Credit purchase Credit purchases means buying the yarns on the credit basis. When the credit purchase is made the rate of the raw materials will be high and there will be no discount on the purchase of the raw materials. Credit purchases are made due to the in sufficient of cash. There will a specific time for payment of cash from the purchased day.

PRODUCTION DEPARTMENT The production department is responsible for the production of yarn. The various processes in production are;

Blow room department: All the varieties of cotton are cleaned and mixed with each other and it is became a lap on. Drawing department: The sworn comes as 8 threads and that is put in the drawing and then it is become as an even one. And it goes for another process. Simplex department: The sworn comes as an even one after became an even one it is put in the simplex machine and it is converted into rowing yarn. Spinning department: After becoming a rowing yarn it is put in the spinning machine then the cotton is completely converted in yarn. And in coaning processes the yarn are coaned. Coan winding: After became yarn it is put in the coan winding and it is became a coan yarn. The one coan waits about1.20 grams.

Weight checking: Using electronic weight machine of the finished clothes are Checked. And it moves of packing processes. Packing section: The last step involved in the production is packing. Packing slips are used to indicate the length of the cloths .They are packing the coan as bag wise and one bag consist of 40 cones and it waits about 50kg. The packed yarns are stored in separate place for selling.

PRODUCTION PROCESSES

Mixing of varieties of cotton

Blow room process Carding process Drawing process Smilax process Spinning process Coan winding

Packing process STORES DEPARTMENT The purchased raw materials are stored in stores room for the production processes. In the storage department they are having a large area of gowdon for storing their purchase of raw material and they are keeping safe from destruction until they used for production process. The main function of the storage is due to avoid un necessary accidents like fire, theft etc the stock level can be identified by maintaining the proper ledger accounts. This department is under the control store man.

SALES DEPARTMENT Sales are the activities involved in selling the product. Sales are the most important part of every business. It means the goods are transferred for money. The prices of finished products are determined by the managing director. The sales manager sells out the product through the brokers, commission agents etc. sales are made at various places in India like Kolkatta, Mumbai, Pune, Jaipur etc. The sales are made at regular intervals. The goods are sent by railways and roadways. The yarns are sold to old as well as new customers. The cash discount is made to the buyer who buys for large amount, cash and credit sales are made. Cash sales Cash sales means selling finished products for ready cash. The payments are made during the sales because while selling large quantity there will be a cash discount. The direct payments are made through cashes and cheques Credit sales Credit sales means selling the goods under the credit basis. Credit sales are normally allowed only to the normal regular buyers. Credit sale is made only when there is a sufficient capital to run the business. The firm allows only 15 days for payment. In case of delay interest will be charges. MARKETING DEPARTMENT Marketing is the main function because without the market the goods cannot be sold out. But in the field of textile the role of the marketing department is not much necessary, because the entire produced good are not the finished goods and it should take away for the further process. In Thangam textile they are marketing the two varieties of yarn as 40 and 30 based on their thickness. The 40 is used for making shirts and 60 are used for making pants. In Thangam textile the manager directly deals with the other nearby buyers. So the marketing department is not done in full effort.

ACCOUNTS DEPARTMENT Accounts department also plays a vital role in the businesses by monitoring the income and expenditure, regulating receipts and payments the financial strength as otherwise of the unit at any time. Accounts helps to know weather the businesses are in running progress or not. So hence every business needs to maintain the accounts as per the rule of the government and want to pay the tax according to the profit of business. Accounts help to know the current financial position of businesses when ever needed. Further it will help him to know the level of the investment in the fixed assets, working capital, fixed expenses etc. Thangam textile maintains all the account with the help of well experienced accountants. They maintain all the accounts like journal, ledger, and trail balance etc…, for every transaction the entries and the accounts are entered. All the accounts related to the other departments are also handled and kept in control. While purchasing and selling the yarn and the other items they will receive the bills they use to file all the bills in the separate books of accounts. They have the separate beam stock book for recording the stocks. By using separate book all the personal expenses are entered. Auditing is easy because of maintaining the accounts properly. They are paying the tax regularly every year. Before auditing all the accounts are checked by the auditor and then it is submitted. Hence the accounts departments are maintained strictly and properly in order to maintain the stable high profit. FINANCE DEPARTMENT Finance is necessary for the every business. The Thangam textiles have invested over 4.5 cores of the capital and the other raw materials which include all expenses. This textile has borrowed over a loan from Indian bank and Vijay bank. Credit purchases are avoided due to proper financial assistance. Credit purchases make the rate of yarn very high. 70% of the capital is contributed by the directors and the remaining 30% are borrowed from bank as the loan. They have borrowed the money by giving proper documents of the company assets to the bank. The Indian bank is charging about 15% of he interest per annum. Hence it is easy to borrow the money from the banks. So this firm borrows all their needs with the bank. Hence the finance is the very important for the growth and development of the business in the field of the textiles. High level investment leads to the more profit percentage of this type of the business. So, finance is the blood of textiles