Project Report Prachi

PROJECT REPORT
ON
“STUDY OF INVENTORY CONTROL

AT TECHNOCRAT ENGINEERS”
For
TECHNOCRATS ENGINEERS
By
PRACHI TALEKAR
Under the Guidance of

PROF. VIJAY DESHMUKH
Submitted to
“University of Pune”
In partial fulfillment of the requirement for the award of the
degree of Master of Business Administration (MBA)
Through
Dr. Vikhe Patil Foundation’s
Centre for Management Research &Development
Pune-16
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ACKNOWLEDGEMENT
Planning & Motivation are the two key factors in making any activity a success. Goal
achievement is a result of effort rather than individual effort. I have been the same of this
project the co-operation &support of many individuals has made this project a success.
I have the honor to express my heartfelt gratitude to Mr.S.V.Patki for giving me the
opportunity to undergo the summer training in their esteemed organization and for his valuable
guidance and support.
I take this opportunity to extend my sincere gratitude to all the staff members for their whole
hearted cooperation and valuable help throughout the training.
I sincerely express my gratitude to Prof. Vijay Deshmukh for his support in the completion of
the project.
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CONTENTS:
Sr. No. PARTICULARS PAGE NO.

1 EXECUTIVE SUMMARY 4
2 COMPANY PROFILE 5
3 OBJECTIVE OF THE STUDY 7
4 RESEARCH METHODOLOGY 8
5 INTRODUCTION 10
 INVENTORY
 MATERIAL
6 CONCEPTS OF INVENTORY 12
7 PURCHASE 23
 DETAILS
 PROCEDURE
 FORMATS
8 STORES ORGANISATION 34
9 CLASSIFICATION OF MATERIALS 39
10 IDENTIFICATION OF MATERIALS 43
11 CODIFICATION 44
12 TECHNIQUES OF INVENTORY MANAGEMENT 45
 FIXATION OF LEVELS
 SELECTIVE CONTROL OF INVENTORIES
 JIT
 ANALYSIS OF INVESTMENT IN INVENTORY
13 DATA ANALYSIS 55
14 RECOMMENDATIONS &SUGGESTIONS 95
15 CONCLUSION 96
16 BIBLIOGRAPHY 97
EXECUTIVE SUMMARY
Inventory is the most significant part of the company, which accounts for over 30-40% of the
company’s expenditure. This project reflects the inventory management system of
TECNOCRAT ENGINEERS. Inventory means all the materials, parts, supplies, expensive
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tools and semi finished or finished products recorded on the book by an organization and kept
in its stocks, warehouse or plant for some period of time.
DEFINITION OF INVENTORY
“Inventory is a list of names, quantities and monetary values of all or any group of items”
“Inventory is a detailed list of those movable items which are necessary to manufacture a
product and to maintain the equipment and machinery in good working order.” The quantity
and value of every item is also mentioned in the list
The area of focus of this project is to reduce the overall cost associated with inventory by the
undertaking activities:-
 Obtaining the list of surplus stock and finding out reasons for growing surplus.
 Attempt to reduce the existing surplus.
 An attempt to prevent further accumulation of surplus
 Making recommendations to the currently followed purchase procedure
 Suggesting more effective method for the control of inventory.
Reduction of the accumulated/surplus stock period itself reduces unnecessary amount of
money blocked in the form of inventory and hence resulting in blocking the working capital of
the company.
COMPANY PROFILE
TECHNOCRAT ENGINEERS was started in1991. Today it provides complete solution to suit
the clients welding automation requirements. The design engineers of TECHNOCRATS work
out the right level of automation for the client & make a full proof welding system, to give the
client what he dreams for these years. The company is a proven name in the welding industry
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for quality ARC welding equipments & accessories reliable & quick after sales service. In any
engineering goods manufacturing activity, welding plays a very important role. "Technocrat
engineers" work in the field of welding engineering with a view to supply good quality
welding equipments, accessories and special purpose automated welding systems. Technocrat
engineers is in the field for more than 10 years today. It is known for its excellent quality
products and customer oriented service back up.
Mr. S. V. Patki and Mr. D. M. Talekar the real "technocrats" are constantly in touch
with the customers, understanding their needs developing suitable welding systems to satisfy
the customer needs. The policy of continuous improvements in the products & services keep
the customers happy and satisfied. Both the partners’ viz. Mr. Patki and Mr. Talekar are
engineers working in this field for more than last 20 years and have hands on experience in
designing, production, quality control and marketing.
PRODUCT RANGE:
 Industrial Duty range.
 Industrial Duty Welding Rectifiers.
 CO2/MIG Welding Outfits.
 Tig Welding Outfits and Control Units.
 Submerged ARC Welding Machines (Carriage and Boom Mounting Type)
 Self Shielded Hard Facing Welding Systems.
 Automating Modules Such as Turn Tables, Welding Lathes.
 Automatic/Special Purpose Welding Systems to Suit Customer’s Specific
Requirements of Productivity and quality
OTHER ACTIVITIES:
 Calibration of welding equipments as per ISO 9001 requirements.

 Welding improvements and automation possibilities: Advice to customers after
studying the specific needs of productivity.
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OBJECTIVES OF THE STUDY
The primary objective of this project is to reduce overall expenditure or costing for the
company by lowering the cost associated with inventory.
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Various other objectives pursued to fulfill the primary objective are as follows-
 Reduction of existing surplus stock.
 To avoid any further accumulation of surplus
 To device an appropriate cost reduction technique of inventory control, which can be
used along with the existing technique to improve performance.
RESEARCH METHEDOLOGY
MEANING OF RESEARCH
Research is an active, diligent and systematic process of inquiry aimed at discovering,
interpreting and revising facts. This intellectual investigation produces a greater knowledge of
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events, behaviors, theories and laws and makes practical application possible. The term
research is also used to describe an entire collection of information about a particular subject,
and is usually associated with the output of science and the specific method. The word research
derives from the French recherché, from researcher, to search closely where “chercher” means
“to search”, its literal meaning is “to investigate thoroughly’. Research is funded by the public
authorities, by the charitable organization and by private groups, including many companies. It
is defined as the “systematic and objective analysis and recording of controlled observations
that may lead to the development of generalization principles or theories, resulting in
prediction and possibly ultimate control of events.”
Research can be classified into various classes. These classes are not watertight compartments.
There is a certain amount of overlap between the various classifications. Every classification
emphasizes certain aspect of research.
RESEARCH DESIGN
A research design specifies the method and procedures for conducting a particular study. In
this case exploratory and applied type of research is used. An exploratory is generally based on
the primary data that are readily available. It does not have rigid design as researcher may have
to change his focus or direction depending on the availability of variables i.e. statistics graphs
and charting. The second type- applied research is nothing but application of sciences and
knowledge to observe variables i.e. applied theory.
DATA SOURCES
SECONDARY DATA-
As the project is based on Aligning the Inventory, hence data involved in the analysis is
basically a secondary data.
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The facts and figures along with the records were taken from the executives of the company.
Records related to inventory were taken from purchase department and stores department.
METHOD OF DATA COLLECTION:

Since this scope & topic is based on theory it was imperative to use secondary data method for
data collection.
A real attempt was done to simplify the project research. The report is written in organized
appearance. Observations and recommendations are presented in this report in simple and
systematic manner.
INTRODUCTION
INVENTORY
The raw materials, work-in-progress and completely finished goods that are considered to be
the portion of a business’s assets those are ready or will be ready for selling. Inventory
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represents one of the most important assets that most business possesses, because the turnover
of inventory represents one of the primary sources of revenue generation and subsequent
earnings for the companies’ shareholders/owners.
Possessing a high amount of inventory for long periods of time is not usually good for a
business, because there are inventory shortage, obsolescence and spoilage costs. However,
possessing not enough inventory isn’t good either, because the business runs the risk of losing
out potential sales and potential market share as well.
Inventory management forecasts and strategies, such as a just-in-time inventory system, can
help minimize inventory costs because goods are created or received as inventory only when
needed.
MATERIALS
Materials are the key resource in an industrial enterprise since no production is possible
without materials. Materials also form a major constituent of the cost of the product and
therefore proper control over their procurement, storage, issue, movement and consumption is
necessary.
The storage of the material is of great interest to the company, because normally substantial
amount of the company’s working capital is invested in stores. There should be a system of
proper accounting of material and supplies and it should be given same attention as is given to
accounting for money. Raw material and supplies are the equivalent of cash. They form an
important part of cost of manufacturing ad it is essential that they should be safeguarded and
accounted properly.
Material control is important managerial function, which is directed to ensure that required
quantity and quality of material is provided at the proper time with minimum amount of
capital.
Material management, according to bethel and others, is a term used to connote “controlling
the kind, location, movement and timing of the various commodities used in and produced by
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the industrial enterprise.” It involves all activities concerning materials right from the time the
need for the material is established until they are to production.
Thus, the functions of material management includes:-

 Material Planning
 Purchasing
 Inventory control
 Store –keeping
 Store accounting
 Transportation-Internal (i.e. material handling)&
External (i.e. traffic, shipping, etc.)
 Disposal of scrap, surplus and obsolete materials
 Material economics
 Waste Management
CONCEPTS OF INVENTORY
MEANING
The literary meaning of the word inventory is stock of goods. To the finance manager,
inventory connotes the value of raw materials, consumables, spares, work-in-progress, finished
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goods and scrap in which a company’s funds have been invested. Good inventory management
is good finance management. An efficient management of inventory should ultimately result in
the maximization of the owner’s wealth. Therefore inventory is considered as locked up
capital. Inventories mean tangible property held:
a. For sale in the ordinary course of business; or
b. In the process of production for such sale or
c. For consumption in the production of goods or services for sale, including
maintenance supplies and consumables other than machinery spares.
DEFINITION
Inventory management may be defined as the sum total of those activities which are necessary
for the acquisition, storage, sale and disposal or use of material. It is a subject which merits the
attention of the top level management and influences the decisions of the planning and
executive personnel.
Decisions relating to inventories are taken primarily by executives in production, purchasing

and marketing departments. Usually, raw material policies are shaped by purchasing and
production executives, work-in-progress inventory is influenced by the decisions of production
executives and finished goods inventory policy is involved by production and marketing
executives. The financial manager has the responsibility to ensure that inventories are properly
monitored and controlled. He has to emphasize the financial point of view and initiate
programmes with the participation and involvement of others for effective management of
inventories.
The inventories which include inventories of raw materials, finished goods and work-in-
progress constitute quite a significant part of the total current assets. It has been observed that
in many cases inventories are more than 60-65% of the total current assets of the firm. This
naturally means that a very large amount is blocked in inventories & therefore management of
inventories has assumed a greater importance. If properly managed, the profitability of a firm
in the long run can be definitely improved while if neglected, the profitability is definitely
affected adversely.
DIFFERENT PERCEPTIONS OF THE “INVENTORY”
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It is interesting to note different departments of the same organization hold different points of
view, which often tends to conflict with one another. It can be said as follows:-
 The financial manager justifies limited inventory stocks, because for him, inventory is
money which does not earn interest and ties up capital.
 The production manager, on the other hand, encourages to keeping liberal inventory
stocks to guard against stock- outs in the face of fluctuating demands and uncertain
deliveries.
 The marketing executive prefers to have reserves of the finished goods inventory.
 Product designers are interested in getting an inventory which makes up the products
with all possible accuracy.
 Engineers, on the other hand, are often inclined to have a critical mind towards value-
analysis, value engineering and other allied problems of inventory.
Thus although the different approaches to the problems of inventory are not misleading, they
are likely to be biased by their own considerations. The top level management should,
therefore, bear such diverse expressions in mind instead of getting lost in them and take a
bird’s eye-view of the overall objective of “neither too much nor too little” inventory by
attempting a cost benefit analysis. A well-reconciled scientific approach would enable the
management to plan and control inventory effectively.
TYPES OF INVENTORY
The inventories can be classified as follows:
1) Raw Materials:
A manufacturing concern converts the raw material into the finished products. The raw
materials are the basic inputs which are required for the conservation into finished goods.
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2) Work-In-Progress:
Between the raw materials and there is an intermediate stage which is known as work-in-
progress. These units are therefore neither totally raw nor totally finished and is generally a
planned activity.
3) Finished Goods:
These are completed units awaiting the sale in the market. As the production in the modern
days is in anticipation of the demand, some amount of finished goods inventory is
inevitable. The inventory should be in sufficient quantity so that marketing operations of
the firm are smooth. Thus, the stock of finished goods provides a buffer between customer
and demand and manufacturer’s supplies.
4) Flabby Inventory
It comprises finished goods, raw material and stores held because of poor working capital
management and inefficient.
5) Profit-making Inventory:
It represents the stock of raw materials and finished goods held for realizing stock profit.
6) Safety Inventory:
It provides for the failure in supplies unexpected spurt in demand, etc., although there may
be an insurance cover.
7) Normal Inventory:
It is based on a production plan, lead time of supplies and economic ordering levels.
Normal inventories fluctuate primarily with change in the production plan. Normal
inventory also includes a reasonable factor of safety.
8) Excessive Inventory:
Even an effective management may be compelled to build up excessive inventory for
reasons beyond its control, as in the case of strategic import or as a measure of government
price support of a commodity.
ASPECTS OF INVENTORY MANAGEMENT

Inventories are quite crucial for any business firm. The raw materials inventory, if kept excess
of the requirement may lead to unnecessary blocking of the funds in such inventory, while if it
is in shortage, it will lead to disrupting the flow of production. Similar things can be said about
the work in progress and finished goods inventory. The option before the management is either
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to keep a very low level of inventory which is also known as hand to mouth policy or to keep a
large quantity of inventory ensuring absolute safety.
As said, above, if inventory levels are kept very low. It will lead to frequent stoppages of
production. If finished goods inventories are kept very low it will result in distributing the
delivery schedule to the customers. It may further lead to the cancellations of some of the
orders. No firm can afford to take such risks.
Alternatively, if inventory levels are kept on a very high level, carrying cost like storage,
handling, insurance, recording and inspection also increase in proportion to the inventory
volumes. At the same time, as large amount of funds are blocked in those inventories, the
liquidity of the firm is severely affected. The high levels of inventory may ensure safety but the
cost of holding such a high level of inventory may nullify their advantage.
It will also not be out of place to mention here that form holds inventories basically for three
reasons:-
a) TRANSACTION MOTIVE:
This motive implies that inventories are maintained for the facilitation of smooth
production and sales.
b) PRECAUTIONARY MOTIVE:
It suggests that the inventories are maintained to take care against the risk of unforeseen
changes in demand and supply factors.
c) SPECULATIVE MOTIVE:
It says that the inventory maintenance (high or low) decision is affected by the motive
to take advantage of price fluctuations.
The aspects of inventory management can be described as follows:-

1. To ensure hat a very high level of inventory is avoided.
2. At the same time to ensure that inventories are not so adequate that it will affect
adversely the smooth flow of production and sales.
3. Minimize the carrying cost and
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4. Maintain an optimum level of inventories.
OBJECTIVES OF INVENTORY MANAGEMENT

 To have stocks available as when they are required.
 To minimize available storage space, but prevent stocks level from exceeding space
availability.
 To meet a high percentage of demand without creating excess stock levels. In other
words, “neither to over-stock nor to run out” is the bet policy.
 To maintain adequate accountability of inventory assets.
 To keep all the expenditure within the budget authorization.
 To decide which items to stock and which items to procure on demand.
 To ensure adequate supply of materials, stores, spares, etc. minimize stock-outs and
shortages and avoid costly interruption in operations.
 To keep down investment in inventories, inventory carrying cost and obsolescence
losses to minimum.
 To permit a better utilization of visible stocks by facilitating inter-departmental
transfers within a company.
 To provide a check against losses of material through careless of pilferage
 To serve as a means for the location and disposition of inactive and obsolete items of
stores.
 To provide a perpetual inventory value and a consistent and reliable basis for the
preparation of financial statements.
 To contribute to the nation’s economic well-being.
 To contribute to profitability and
 To bring down the inventory carrying cost inventory management is considerable.
BENEFITS OF INVENTORY MANAGEMENT

 Inventory control ensures an adequate supply of material and store. Minimize stock out
and shortage and avoid costly interruption in operation.
 It keeps down investment in inventories.
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 It facilities purchasing economics through the measurement of requirement on the basis
of recorded experience.
 It provides a check against the losses of material through careless or pilferage.
 It serves as a means for the location and deposition of inactive and obsolete item of
store.
FACTORS INFLUENCING INVENTORY
LEAD TIME:
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Lead-time is defined as the period, which elapses between the recognition of a need and its
fulfillment. There is a direct relationship between lead-time and inventory, during lead time,
there is no delivery of materials and the consuming departments are served from the existing
inventories. Both lead-time and consumption rate can be increased without notice; and
inventories are generally geared up for this contingency. As lead time increases, inventories
increase correspondingly. Lead- time is the time taken for identifying the need and placing the
order, for procuring from suppliers, for shipping, transport, receipt and inspection of items to
the delivery of finished products.
COST OF HOLDING INVENTORY:

Inventory tie up funds. They also expose a firm to a number of risks and costs. The inventory
problem is one of balancing the various costs so that the total cost is minimized. The different
costs are material cost, cost of ordering, holding or carrying the inventory, under stocking cost
and over-stocking cost.
• Material Cost:
This is the cost of purchasing goods plus the transportation and handling charges.
• Order Cost:
This is a cost of placing an order for goods. Every time a firm places an order; a
particular procedure has to be followed. Forms must be typed, approved and
dispatched. When goods arrive, they must be accepted, inspected and counted. The
invoice must be checked against the goods and sent to the Account department.
Arrangements for the payment to suppliers must be made. All these expenses
accumulate into a variable cost which varies with individual orders. The smaller the
number of orders, the lower is the order cos. A firm, therefore, tries to reduce the
number of orders by placing a big order each time.
• Cost of Carrying Inventory:

The components of those costs are;
a. The cost of capital.
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b. The cost of storage.
c. The cost of deterioration.
d. Salaries and statutory payments of stores personnel.
• Cost of typing-up of funds:

An inventory may be financed by trade credit, debt financing or even by the sale of
stock. Whatever the source of funds used for the financing of the inventory, the fact
remains that cost is involved in it.
• Cost of Understocking:
Excess inventories represent additional and unnecessary costs. Storages of inventory
delay the fulfillment of contractual orders, which would involve a loss of profit or some
kind of indirect cost. Understocking or out-of-stock cost is due to the non-stocking of
an inventory. This is usually measured in terms of the opportunity cost arising out of
the loss in production by the idle cost of a line. It may result in expediting orders or
giving rush orders and extra charges will have to be incurred on these orders.
• Cost of Overstocking:
It is basically opportunity cost arising out of the investment in inventory for a longer
period than necessary.
RE- ORDER POINT:

The re-order point indicates when an order should be placed and depends upon the
consumption rate and the duration of lead time. The simplest method is to place an order when
the inventory is depleted to the lead time consumption level. However, an organization will
have to take care of the long time with sufficient initial stock and then follow it up regularly
with EOQ cycles.
STOCK:
In inventory control, different terms are used, such as safety stock, reserve stock, buffer stock
and so on. The buffer stock provides for normal consumption during an average lead time. The
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reserve stock provides for an increased consumption rate, while safety stock for an increasing
lead time. The buffer, in fact is the multiplication of normal consumption and average lead
time. The safety stock level is the multiplication of the average demand during a period of the
maximum delay and the probability of its occurrence.
VARIETY REDUCTION:
In organization which has to stock innumerable items, it is imperative to reduce the number of
items carried in an inventory, particularly the different small items which are sparingly used. In
the case of work in progress, the increase in varieties may be due to technical bottlenecks. With
an increase in the items of raw materials, work-in-progress, output, etc. inventory control
becomes more and more cumbersome. An organization will, therefore, have to take proper
steps to ensure that variety reduction is effected as far as possible.
MATERIAL PLANNING:
Production plans have to be converted into material plans so that the quality and time schedule
of requirements may be defined. A material planning is a mechanism which perceives the
environment for inventory control. To have a successful materials planning, adoption of a
definite methodology which would take care of internal as well as external factors is a must.
SERVICE LEVEL:
The degree of service indicates a percentage of the number of replenishment orders which
arrives without difficulty and makes it possible for a firm to render an adequate service to the
customer. The service levels refer to the “probability of not running out of stock” and the
“proposition of annual demand met ex-stock.”
OBSOLETE INVENTOY AND SCRAP:

An inventory becomes obsolete because of change in the product design or because of
technological changes. Obsolescence cannot be controlled without a proper identification of
inventories which might become obsolete from time to time.
QUANTITY DISCOUNTS:
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Quantity discounts are offered by the purchasers. In order to induce purchasers, suppliers often
offer a reduced price for bulk orders.
TECHNIQUES OF INVENTORY MANAGAMENT

A. FIXATION OF THE LEVELS.
B. SELSCTIVE CONTROL OF INVENTORIES.
C. JIT
D. ANALYSIS OF INVESTMENT IN INVENTORY.
McDonalds’s vs. Wendy’s: An Example

It’s easy to see how higher inventory turn than competitors translates into superior business
performance. McDonalds is unquestionably the largest and most successful fast food restaurant
in the world. Let’s compare it to one of its main competitors, Wendy’s.
McDonalds’s
2000 1999
Inventories $99,300,000 $82,700,000
Cost of revenue $8,750,100,000
Wendy’s
2000 1999
Inventories $40,086,000 $40,271,000
Cost of revenue $1,610,075,000
Use the inventory turn formula [cost of sales or cost of revenue divided by the average
inventory values] to come up with the number of inventory turns for each business. Between
1999 and 2000, McDonalds had an inventory turn of rate of 96.1549[incredible for even a
high-turn industry such as fast food]. This means that every 3.79 days, McDonald’s goes
through its inventory. Wendy’s, on the other hand, has a turn rate of 40.073 and clears its
inventory every 9.10 days.
This inventory in efficiency can make a tremendous impact on the bottom line. By tying up as
little capital as possible in inventory, McDonalds can us the cash on hand to open more stores,
increase its advertising budget, or buy back shares. It eases the strain on cash flow
considerably, allowing management much more flexibility in planning for the long term.
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PURCHASE
One of the most important aspects of inventory control is to have the items in stock at the
moment they are needed. This includes going into the market to buy the goods early enough to
ensure delivery at the proper time. Thus, buying requires advance planning to determine
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inventory needs for each time period and then making the commitments without
procrastination. For retailers, planning ahead is very crucial. Since they offer new items for
sale months before the actual calendar date for the beginning of the new season, it is
imperative that buying plans be formulated early enough to allow for intelligent buying
without any last minute panic purchases.
The main reason for this early offering for sale of new items is that the retailer regards
the calendar date for the beginning of the new season as the merchandise date for the end of
the old season. For example, many retailers view March 21 as the end of the spring season,
June 21 as the end of summer and December 21 as the end of winter. Part of your purchasing
plan must include accounting for the depletion of the inventory. Before a decision can be made
as to the level of inventory to order, you must determine how-long the inventory you have in
stock will last. For instance, a retail firm must formulate a plan to ensure the sale of the
greatest number of units. Likewise, a manufacturing business must formulate a plan to ensure
enough inventories are on hand for production of a finished product.
In summary, the purchasing plan details, When commitments should be placed; When
the first delivery should be received; When the inventory should be peaked; When reorders
should no longer be placed; and When the item should no longer be in stock. Well-planned
purchases affect the price, delivery and availability of products for sale.
GROWING IMPORTANCE OF PURCHASE

Traditionally, purchasing was regarded as one of the activities of the production
management. Few important reasons for the change in emphasis are:
1. Higher cost of goods and services -
Raw materials, components and services account for a significant proportion of the
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company's total expenditure. Effective purchasing, therefore, can result in a
substantial saving to the company.
2. Escalating cost of stock outs -

Lack of continuity in the availability of materials seriously affects all major companies.
It can damage profitability of the company and lower employee morale. Financial loss
due to stock outs of materials, process industries and in capital-intensive units can be
enormous.
3. Higher present day cost of capital-

The capital distribution between fixed and working capital in a firm is normally
around 60:40. Further, around 80% of the working capital is locked up in inventory.
No organization can afford to invest such a big part of its capital. The bulk of these
stocks can reduce un-necessary capital lockup can be avoided if purchasing is made
efficient.
4. Purchase is not mere act of buying -

Purchasing in today's context includes a wide range of material related activities such as
market research, vendor rating, standardization and variety reduction, codification,
indent control pre-purchase value analysis, price negotiation, inventory control, surplus
disposal., purchase budget, import substitution, purchase system design etc.
5. Changing nature of purchases -

Purchasing today is no longer just commercial activity, but it is techno-
commercial activity. The activity includes technical persons from production,
design and other departments.
6. Professionalization of material function -

Like other branches of industries, purchase too has experience development of many
management concepts such as: ABC analysis, economic lot size, learning curve, critical
analysis, line of balance, variety reduction, codification, value analysis, vendor rating
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etc.
7. Changing concepts of buyer- seller - relationship-

Efficient buying - continuity and availability of material with the lowest inventory -
demands a buyer to be good at business relation. Retention of good supplier, with
increasing competition, is becoming difficult and hence the buying function is
becoming challenging day by day.
OBJECTIVES OF SCIENTIFIC PURCHASING

1. To procure at competitive price the needed material, supplies, tools and services of
the right quality in the right quantity and at the right time.
2. To maintain continuity of supply to ensure production schedule at minimum
inventory investment.
3. To ensure the production of goods of better quality and the competitive price by
procuring materials, which best suits, the product and the purposes for which they are
intend.
4. To suggest better substitutes to material which are currently being used with a view to
lower cost and maintain the quality of the product.
5. To render assistance in standardization, variety reduction, value analysis and cost
reduction programmes.
6. To advice on probable prices, delivery and performance items under consideration by
design, development and estimation department.
7. To create goodwill and enhance company reputation for fairness and integrity through
dealings with the suppliers.
8. To enable company to maintain competitive position and earn a fair return on its
investment.
FUNCTIONS OF PURCHASE DEPARTMENT

1. Locating, selecting and developing qualified sources of supply.
2. Scrutinizing purchase indents and deciding suitable method of buying.
3. Floating enquires, processing quotation, conducting negotiation and releasing purchase
orders.
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4. Pre- delivery follow up and shortage chasing.
5. Co-ordination with inward inspection including timely return of defective materials back
to supplier.
6. Endorsing suppliers' invoices for payment.
7. Processing suppliers request for price increase including price renegotiation.
8. Attending to supplier's representative and traveling salesman.
9. Arranging discussion meetings between supplier's representative and company's officials.
10. Disposal of surplus, obsolete and scrap material.
11. Advising management as regards to new materials, new products, forward buying etc.
12. Acting as a link between company's finance department and suppliers for timely
payments / settlement of suppliers' bill.
13. Attending to periodical activities like applying for import license, quota etc.
14. Maintaining company's image among suppliers.
PRINCIPLES OF PURCHASING (5 P’S)

Elements of scientific purchasing:
Purchasing is the most important function of material management. Scientific purchasing
however, is not mere procurement of needed materials at the lowest price but their procurement
in a way that minimizes the overall cost of the product. To ensure this, scientific purchasing is
governed by five well-known parameters called basic elements of scientific purchasing or also
called "5 R's of buying"
These 5 R's are:
~ Right Quality
~ Right Quantity
~ Right Price
~ Right Time
~ Right Source
PURCHASING CYCLE
Purchasing activity plays a vital role in all the firms in general and in the manufacturing firms in
particular. Purchasing is not merely "Buying to satisfy the indenter’s requirements" but buying
goods of right quality in the right quantities, at the right time and-at the right price"
Purchase cycle consists of following eight major activities:
26
1. Establishing and communicating the need for procurement.
2. Scrutiny of the purchase indents.
3. market study and selection of sources of supply
4. order preparation
5. follow up
6. receiving and inspection
7. storage and record keeping
8. Invoicing and payment.
PURCHASE PROCEDURE OF TECHNOCRAT ENGINEERS
OBJECTIVE
To ensure that adequate technical & conventional data is provided to the vendors/sub-
contractor so as to enable them to supply product/material/service to the specified
27
requirements & on-time.
SCOPE
This procedure covers direct materials, tools, consumables capital items which go into the
product, packaging materials & service sub-contractors.
Products & services which do not affect the finished product quality are extended.
PROCEDURE
1) PURCHASE INDENT ACCEPTANCE:
a.. Purchase action shall be taken on the basis of purchase indents received from the
concerned department or on the basis of reorder levels fixed for the stock items, as
received from PPC. Indents received from various departments are filed serially.
b. If the items are being procured for the first time, purchase department shall get the
approved drawing or the specification sheet of the items from the indenting department.
2) PROCUREMENT ACTION:
a. Details of all purchase orders released by materials department shall be entered in the
purchase order register & the purchase order number as per the register serially. Control
shall be allotted to the purchase order released.
b. Imported Material: Purchase orders for imported material shall be placed on vendors
selected based on the recommendations of Technocrats Engineers principals, or based on
the past reorder as recommended by engineering department
c. Indigenous raw material: For raw materials & bought out components procured
indigenously purchase order shall be placed on the vendor selected from the list of
approved vendors/sub- contractors. All the purchase order numbers are entered in the
purchase order register.
d. Capital items: Machine tools & other capital equipment having value more than 1 lakh
shall be procured against 'capital equipment indenting proposals' accompanied by
approved purchase indents. Machine tools & other capital equipments having value les
than 1 lakh shall be procured against approved purchase indent. The indents shall be duly
signed & approved by the Director (Operations).
28
e. Whenever an order is placed on a new vendor/sub-contractor that is not yet approved, the
P.O shall be typed on trial purchase order.
f. The P.O shall include applicable items from the following:
i. The type, class, grade or other precise identification.
ii. The title or other positive identification & applicable issues of specifications, drawings,
process requirements for approval or qualification of product procedures, process equipment &
personnel.
iii. The title number & issue of the quality system standard to be applied.
g. For regular procured items, an open purchase order shall be placed on the vendors.
Delivery schedule from time to time shall be sent to the vendors. If additional
quantity is required for some orders, amended schedule shall be sent.
h. For regular orders related to brackets & adaptors, the purchase order shall be released
once in a month.
i. Material movement slip shall be used whenever our material is sent outside for
machining/testing.
• PURCHASE ORDER & AMENDMENT:

P.O's shall be raised on the vendor/subcontractor selected as above to
authorize the supply of direct material/items/services as per the terms of the
contract & delivery mentioned therein. Purchase orders shall be amended
whenever required & informed to vendor through P.O amendments.
• REVIEW OF PURCHASE ORDER:

The P.O shall be reviewed for adequacy of the specified requirements prior
to release. All the three copies of the purchase orders shall be approved of by
the appropriate authorities before release of the P.O to the vendors/sub
contractors to the concerned department in Technocrat Engineers. The
authorize signatures are indicated.
• VERIFICATION OF THE PURCHASED PRODUCT:
Whenever specified in the contract, the customer or his representative shall be allowed for
the verification of the products either at Technocrat Engineers works or at vendor's place of
work. The co-ordination for such verification activity shall be done by marketing co-
coordinator.
29
• DISPOSAL OF NON-CONFORMING MATERIAL:
Non - conforming material shall be disposed off as per the procedure. Nonconformities
observed shall be reported in the non - conformity analysis register for initiating the
required corrective actions. Vendor/sub-contractor shall be intimated demanding corrective
action for repetitive non-conformities through supplier corrective action request.
• RESPONSIBILITY AND APPROVAL:

The authorities of the respective department shall be responsible for review,
implementation, control & verification of this procedure. He shall be responsible for
providing all means & facilities for smooth working of this procedure.
FORMATS OF PURCHASE
PURCHASE ORDER
30
Our Older No.
M /s..
Date
YOllIRef. No.
Date
Please supply the under-mentioned goods to our works S'Ilbject to corditioim overleaf:
Sr. No. Description Quantity Per Rate V alue
- --
Excise: M ST/CST.
Octroi: Freight
Delivery:
Payment Terms:
Remarks
31
PRUCHASE INDENT
Purchase Indent I~o,:

Date:
Please Puchase the following materials for
Sr. No. Qty. Reqd. WhenR.eqd Stock on Avg. COllSU- P rev io 1 lS ra te

Description Code
. hand mption & OMel'llo.
Route
.
InductedBy Stores Purchase
32
QUOTATION
Material Code No. A.B.C.&Co. Date
Specimen of quotations File No.

M/s. G RR NO. &. Date
D. C. NO. &. Date
Name of Minimum qty Rate per unit Time of delivery Terms of delivery Otberterms
offered P. O. NO. &.Date

supplier
The following material(s) have been received and inspected as per details below:
Sr. BILL
Part Description OFNo.
&. Part MATERIALReceipts Inspection Results
No.
As Per Actually Acce- Rew- Reed Under
challan received pted ork with-
out op devia-
33 op. tion
Desc.
El-O-Matic (India) Pvt. Ltd. Bill OF MATERlAL Main Assly.
Pune No.
Sheet No.
Sr. Drawing Description QtyfSet Source Material Reqd. Qty. Stock Stock
No No. Code For Regd. on Short-
* (Sets) * Hand * age *
ICHD.BY IDATE
I APPR.BY I DATE
STORES ORGANIZATION
Normally substantial amount of company's working capital is invested in stores. Due attention
should be given to stores routine. There should be system of proper accounting of materials and
supplies and it should be given same attention as is given to accounting for money. Raw
materials and supplies are equivalent of cash. They form an important part of manufacturing
and it is essential that they should be safeguarded and accounted for properly.
TYPES OF RAW MATERIAL

a. Raw Material Stores: -
34
It is the store where in incoming raw material, which directly contributes to the final
product, is received, stored and issued to the production department at various stages.
b.Engineering Stores:
In this store, materials required of running of plant, which do not directly contribute as a part
of finished product, are stored. Machinery spares, consumables, stationery etc. are stored in
this and issued as per requisitions raised by various users.
c. Finished Goods Stores:

It is the place where the finished products are stored after production and are ready to
dispatch to the respective locations or warehouses.
FUNCIONS OF STORES DEPARTMENT

In the company, the duties or functions broadly cover three types - physical task of storing and
preserving material, technical job of providing storing facilities and administrative procedure
for documentation and accounting of material movements. Referring to a full - fledged
storehouse of Technocrat Engineers the following duties and function can be enlisted.
1. Classification and codification of numerous materials by using suitable method of

codification is done in the stores. Then the manual of material - codes is circulated
among store staff and other concerned department managers.
2. The stores department takes physical charge of the material forwarded by goods
receiving and inspection section and places them in the respective bin.
3. The stores department provides necessary facilities for preserving the quality of
materials as long as they are in its custody.
4. It examines that issue procedure is properly followed by confirming the materials
supplied to production department only against written formal request/demand by
authorize through document material requisition note.
5. It keeps watch on actual stock level and compares the same with pre-set stock
limits (Maximum, Minimum, Reordering etc.) so that stock moves within limits.
35
6. Department prepares purchase requisition note for getting replenishment of stock
when actual quantity reaches reordering level.
7. The department carryout a regular review of stock for slow and fast moving
materials, damaged and substandard materials and reports such facts to top
management.
8. It ensures that correct accounting entries are entered in stock register and records for
each transaction like receipt, issue, return to supplier return from shop floor.
9. It arranges for all type of information and data required by top management and
other concerned officers, specially keeping ready the details of stock position /
balances.
10. The stores department undertakes physical verification (stock taking) for reconciling
actual balance with the book balance and identifying discrepancies, if any, with
possible causes for the same.
STORES DOCUMENTS AND RECORDS

Importance of stores documents & records:-
The stores department is all the time expected to give latest information about stock
balance, movement of the materials, and condition of the material. Such reporting has to be
based on some authentic source and hence, the stores and other concerned departments -
purchase, production, costing have to record their instructions, actions, decisions by using
well designed documents and registers. The store keeper is primarily held answerable for
each and every internal movement of materials, particularly for the stock under his custody.
Proper safeguarding and identification of materials should be done by the storekeeper.
STORES ACCOUNTING RECORDS
There are two basic records of inventory control viz. Bin Cards maintained by store keeper and
store ledger accounts kept by costing department. It is the parallel accounting exercise based
on same facts, recording same transaction i.e. movements of materials. Simultaneously posting
of same entries in two independent sets of accounts offers facility of reconciliation, which in
turn acts as an effective tool of inventory control.
 BIN CARDS:-A bin card is used by storekeeper to keep quantitative records for all the
36
items of materials and goods in his stores. This is a document maintained by store
keeper in his stores to assist him to control stock.
The format of the bin card is given below: A bin card is used for each material. Each
receipt, issue or return is recorded on the bin card in a chronological order and the latest
balance is shown after each receipt and issue. Bin card is hung up in a convenient place
outside the bin, rack or shelf. Bin cards are hung near the bins, so that they are readily
available for making entries as and when the goods are placed into the bin or taken out. All
bins racks or shelves, etc. should be numbered consequently in order to indicate their
location to the store keeper and his assistance. This numbering also serves to connect the
bin card with the bin, to which it belongs.
STORES LEDGER SYSTEM
It is kept in the costing department. The store ledger is generally maintained in the form of
loose leaf cards, because they can be removed and inserted easily. Each account in store
ledger represents an item of material. The format of store ledger is shown below: -
The store ledger provides a continuous record of material and stores, received, issued,
returned or transferred. It discloses the balance in hand both in quantity and value at any
point of time. It serves the management with the perpetual inventory record for necessary for
decision making. Material Receipt Report, Material Requisition, Material Return Note form
the basis for making entries in store ledger accounts. Entries made in the store ledger are
identical to those on bin cards except that money values are shown only in store ledger. It is
very important that store staff should have nothing to do with writing up of stores ledger
account, which should be written only by the staff of costing department.
Since both bin card and store ledger account are written up from the same basic document,
the quantity balance are shown by these records should agree. The reasons for discrepancies
bin balances fewer than two sets are due to such reasons as:
a. Failure to post a particular transaction

37
b.Wrong posting in store ledger account
c. Wrong casting
d.Theft and
e.
Items placed in wrong bin.
To avoid the problem of disagreement, the two sets should be reconciled either continuously
over a period. For automatic reconciliation, store department sends the original documents to
the revised balance of bin card after its inclusion. Costing department watch that the balance of
bin card intimated with the original document is correct.
FORMAT OF STORE LEDGER
38
z.
Store Ledger Account X.Y & Co
MaterialIssued Maximum
Stock Stock Stock verified
SrNo.
CadeNo:Qty. Rate Value Qty. Rate
Minimum StockValue Date Initials Remks.
Bin No: Re-older Level
Unit: Ordering Qty
On:lered Reserved Received
Date Ref. Qty. Date Ref. Qty. Date ORNote Qty. Rate Value
CLASSIFICATION OF MATERIALS
MEANING
A manufacturing or a servicing organization generally requires large number of items.
Handling of such items - planning, procurement, storage, and accounting - becomes difficult if
each one of them is handled separately. Some sort of classification, therefore, is a must since
concentration of effort according to class system is more efficient and effective compared to
diluted effort corresponding to individuals.
DEFINITION
39
Classification of the materials is the process of grouping of items into few categories,
according to some criteria. Since an item can be placed into more than one class depending
upon the criteria used, some sort of formal classification, therefore, is a must.
OBJECTIVE OF CLASSIFICATION
Classification of materials is required to-
 Evolve procedures of planning and control of materials in a class.
 Decide systems of storage and issue of materials in a class.
 Devise accounting and evaluation procedures common to all materials in a class.
BASIS OF CLASSIFICATION
Materials can be classified either on the basis of-
1. Stage of conversion process
2. Nature of materials
3. Usability of materials
1. CLASSIFICATION ON THE BASIS OF CONVERSION PROCES:

In a manufacturing organization, store materials can be classified broadly into direct materials
and indirect materials.
2. CLASSIFICATION ON THE BASIS OF NATURE OF MATERIALS:

It can be classified into following categories:-
• Raw materials-
Raw materials are the basic materials which have not undergone any conversion since their
receipt from suppliers. They are the basic materials from which company’s parts/products are
manufactured.
Raw materials are further classified into;
a. Direct materials
b. Indirect materials
40
• Consumables -
Consumables are the materials which both cease to exist or change their shape during
the manufacturing process and as such cannot be used for the second time. Examples of
consumable items are coal, coke, lubricants, cotton waste and stationery items.
• Chemicals -
Chemicals are the substances in the form of powder, liquid, tablets etc. that undergo
certain process according to a devised formula. They require be storing, preserving and
issued very cautiously after a careful scrutiny since they involve risks. Examples are
chemicals like acids.
• Inflammable items -
Inflammable items are the materials which are highly susceptible to fire. Being
hazardous, they require being stored farther from the main store with complete fire-
fighting equipment as standby.
• Furniture-
Furniture is the movable items of a house or a place. It requires large storage space,
careful handling and maintenance of proper records of their repairs, renewals and
replacements.
• Perishable materials -
Perishable materials are the materials which are short lived and decay easily. Such
materials require being stored in temperature controlled rooms to prolong their life.
• Packaging -
Packaging materials are the materials including wrapping materials, protective coating
and containers.
• Empties-
41
Empties are the used packages, which have been scrapped after use. Examples are
wooden cases, metal containers and glass wares.
• Supplies-
Supplies include materials used up in running of the plant or in the making of
company's products but do not themselves to into the product.
3. CLASSIFICATION ON THE BASIS OF USABILITY OF MATERIALS:

• Serviceable and Unserviceable Material-
Serviceable materials are the items, which have gone temporarily out-of-order and can
be put back into use after repairs.
Unserviceable materials are the items, which have outlived their life or gone out-of-
order permanently or damaged so badly that they cannot be repaired or their repair is
economically inadvisable.
• Semi- Finished and Finished Materials -

Semi- Finished materials are items in the partially completed condition of manufacture
and need some further processing before they are ready for sale/shipment to the
customer. Finished materials on the contrary are the items which have been
manufactured in complete form by the production department and are ready for sale.
• Dead Stock Items -

Dead stock items also called capital equipment are the furniture, office equipment,
material handling equipment, machinery, tools and other items which have definite life
and cannot be written off before the expiry date of their life.
• Obsolete Items
Obsolete items are the items, which have gone out of date because of new invention in
design, use, etc. and therefore cannot profitably be used.
42
IDENTIFICATION OF MATERIALS
MEANING
Identification is the tracing of the part description, or part number including size, material of
construction, source of supply, batch number etc.
Proper identification is necessary to
 Ensure issue of correct items
 Sort out mix up of materials of same size of different specifications
 Track identity of the batch number through different stages of operations.
43
 Identify source of supply for the material accepted initially but found defective
during processing.
 Differentiate items manufactured/procured to current and obsolete drawings.
METHODS OF INDENTIFYING MATERIALS

• Tagging or Labeling - Identification tags, made of paper board or tin plate can be either kept
along with items or affixed on the item itself .
• Writing or Plating - Identification details can be written on the cartons or drums or items in
ink, glass making crayons, paints etc.
• Engraving- Vibrating marking tools can be used to engrave identification details.
• Etching - Stamping operation may not desirable on certain components. Chemicals may etch
code number in such items.
• Colour Coding - Raw materials/rubber parts in different specifications may be identified by

colour codes.
CODIFICATION
MEANING
An important factor concerning indenting, purchasing and issuing activities is an accurate and
logical identification of materials. Wrong identification results in wrong purchases and/or
issuance of a different item than what is intended. Codification systems too are not perfect but
codes are shorter and as such minimize errors.
Example: LIC has a wide clientele and to identify a client by his/her name, if it is not entirely
44
impossible it is certainly very difficult, since there can be several persons with the same names
and perhaps with the same surnames or initials. LIC, therefore, identifies its policyholders by
policy numbers consisting of numerals.
DEFINITION
Codification in an industry is the systematic concise representation of equipment, raw
materials, tools, spares, supplies etc. in an abbreviated form employing alphabets, numerals,
colors, symbols etc.
BENEFITS OF CODEFICATION
• Accurate and logical identification -
Correct quality descriptions are necessary to ensure that items are indented, purchased, stocked
and issued correctly. Codification makes it possible since each item is assigned a unique code
after due considerations to its group, kind, size, specifications and dimensional characteristics.
• A voidance of long and unwieldy descriptions
• Prevention of duplication
• Product simplification (variety reduction)
• Efficient storekeeping
• Accurate and reliable recording and accounting
• Easier computerization
TECHNIQUES OF INVENTORY MANAGEMENT
[A] FIXATION OF LEVELS

[B] SELETIVE €ONTROL OF INVENTORIES
• A-B-C ANALYSIS
• X-Y-Z ANALYSIS, etc.
[C] JUST - IN- TIME (JIT)
45
.[D] ANALYSIS OF INVESTMENT IN INVENTORY
[A] FIXATION OF THE LEVELS

The basic objective behind fixation of these levels is to avoid overstocking and
understocking. In addition to this one more level of inventory takes care that orders are to
be placed only when a particular level is reached. These levels are explained below:
1. RE-ORDER LEVEL:
This level is that level of material, at which when the inventory is reached, fresh
orders are placed. While fixing the re-order level
a. Maximum consumption
b. Maximum delivery time or lead-time should be taken into consideration.
Mathematically the re-order level can be worked out as under:
2. MAXIMUM LEVEL:
This is the highest level of inventory to be maintained above which the inventory
should not rise. While fixing the maximum level, factors like minimum
consumption, minimum re-order period as well as the re-order quantity is to be
taken into consideration. Other factors like storage space, interest on capital blocked
in inventories is also taken into consideration. The formula for calculating
maximum level is as follows:
Maximum level = Re-order level- [Minimum usage * Minimum delivery time] +

Reorder-quantity
3. MINIMUM LEVEL:
The minimum level is the level of the inventory below which the actual inventory should
not fall. While fixing the minimum level normal consumption and normal reorder period
are taken into account. The minimum level can be calculated with the help of the
following formula:
Minimum level = Re-order level - [Minimum usage * Average delivery

46
time in weeks]
4. AVERAGE STOCK LEVEL:
Average stock level = Maximum level + Minimum level/2
[B] SELECTIVE CONTROL OF INVENTORIES

Selective treatment of inventories is based on the following basic philosophy of business:
"Neither one can control everything nor should one try to do so. Uniform control is rarely
effective. Effectiveness results when important aspects of a problem are pursued more
rigorously than others. A major portion of managerial time should be spent in performing
more important jobs. Less important tasks - those involving routine decisions and which
involves less risk - should be delegated to a lower level."
Selective control is a very simple approach. It is the avoidance of the "PENNY WISE &
POUND -FOOLISH POLICY".
47
THE ABC CLASSIFICATION:-
ABC analysis is a selective control technique which is required to be applied when we want to
control value of consumption of the item in rupees obviously when we want to control value of the
consumption of the material we must select those materials where consumption is very high. The
ABC classification system is to grouping items according to annual sales volume, in an attempt to
identify the small number of items that will account for most of the sales volume and that are the
most important ones to control for effective inventory management. ABC analysis is a system in
inventory management to minimize the cost of inventories incorporated in which are stored for long
time, these are classified into ABC groups whereas A stand for the most expensive inventories which
are purchased on customers demands so that it can be processed & then given to them on priority
basis, these items are carefully selected. B is classified for those goods which are less expensive than
A items in which can be stored for some time before it is processed and goes for those items which
are cheap in also can be abundantly used. These are items where its loss won’t cost much to the
company. ABC is class of inventory item.
A is the most important and the most expensive- under a ABC regime for minimum stock value A
should be managed by JFT since-its value makes this close management cost-effective
B are intermediate and medium expensive- .under a ABC regime for minimum stock value B
should be managed by Kanban pulling- the micromanagement by JIT is not cost effective for this
project but it should still be tracked methodically.
C are low value items- under an ABC regime for minimum stock value C should be managed by 2
bin- whereby two huge bins of (e.g. screws) item are kept and one is used at a time- when one runs
out another is ordered and the next bin is used. The low value does not justify management- and any
downtime because of running out would cost much more than the product itself.
In an analysis it is decided which products are A, B or C and exactly how they will be managed. In
any company manufacturing, there are number of items which are consumed or traded it may run
into thousands. It is found after number of studies of different companies that –
Value of consumption of No. of items Grade
items (value in Rs).
70% of consp. 10% of no. of items A
20% of consp. 15% of no. of items B .
10% of consp. 75% of no. of items C
On the basis of above analysis these items are termed as ABC items as detailed below:
A-items- these are those items which are found hardly 5%--10% but their consumption may
amount 70%--75% of the total money spend on materials.
B-items-these are those items which are generally 100/0--15% of he total items and their
consumption amounts to 10%--15% of the money spend on the materials.
C-items-these are large number of items which are cheap and inexpensive and hence
insignificant. They are large in number s running into hardly 5%--10% of the total money
spends on materials.
Based on the above analysis decision can then be taken as to-
How to control the consumption value (rupees) and bring it down.
CONTROL PEOCEDURE ARE GIVEN BELOW:-
A-items-someone at senior level must be made responsible to regularly review the consumption of
overseas items up to date and accurate records should be maintain for this items. The inventory of
these items must be minimum and the orders for these items should be staggered. So that timely
arrival of these items is insured attempt must be made to reduce internal and external lead-time of
these items. Safety stocks of these items should be minimum because frequency of ordering this
items are kept high, price discount for this items should not be avail because physical ordering is
very frequent.
B-item-this items should be kept under normal control and goods report keeping must be maintain.
Safety stock of these items can be moderate. Price discount can be avail and physical stocktaking
can also be moderate.
C-items-little control is required for c-items and the job of controlling should be left lower level
people such as those in charge of store. Large quantity or inventories can be maintain these stock
because they are cheap, so as to avoid stock out situation these items should not kept under lock and
key and must be kept at convenient places open to all for uses safety. Stock of these items can be
sufficient to avoid probability. Price discount can be avail to purchase in bulk quantity because they
are cheap. Physical checking of the stock can be done rarely once in six months.
HOW TO CARRY OUT ABC ANALYSIS:
It is better to go through records of the stores for number of years and find out names of all items
consumed during the year, their average yearly consumption in units and average price per unit is
also found out as shown-
NAME OF AVERAGE AVERAGE AVERAGE RANKING.

THE ITEM. ANNUAL PRICE PER VALUE OF
CONSUMPTIO
UNIT (y). CONSP (x*y)
N
UNITS (x). RS.
A A 4000 10 40000 01
B B 600 10 6000 05
C C 2000 16 2000 03
D D 3500 01 3500 07 .
E E 50 08 400 11
F F 6000 06 36000 02
G G 2400 05 12000 04
H H 4200 01 4200 06
I 50 10 500 10
J 100 07 700 09
K K 80 40 3200 08
L L 50 08 400 11
Arrange the item in the order of their ranking starting with the first rank i.e. highest to lowest
consumption and calculate cumulative annual consumption and cumulative annual consumption
percentage as shown-
RANK. NAME AVERAGE CUMMULATIVE CUMMULATIVE CATEGORY.
OF CONSP ANNUAL CONSP ANNUAL CONSP

THE VALUE (RS). (%).
ITEM. (RS).
01 A 40000 40000 28.7 A
02 F 36000 76000 54.6 A
03 C 32000 108000 77.7 A
04 G 12000 120000 86.3 B
05 B 6000 126000 90.6 B
06 H 4200 130200 93.7 B
07 D 3500 133700 96.2 C
08 K 3200 136900 98.5 C
09 J 700 137600 98.8 C
10 I 500 138100 99.2 C
11 E 400 138500 99.5 C
11 L 400 138900 99.8 C
XYZ Analysis
X- Y -Z analysis is based on value of the stocks on hand. Items whose inventory values are high
are called X items while those whose inventory values are low are called Z items. And Y items are
those which have moderate inventory stocks. This type of analysis is carried out from the point of
view of value of balance stocks lying in the stores from time to time and classifies all the items as
given below.
‘X’ items are those items whose value of balance stock lying in the stock is very high.
'Y' items are those items whose value of balance stock is moderate.
'Z' items are those items whose value of balance stock lying in the stocks is very low.
After- knowing this type of classifications and their items can be taken to control the situation as
shown below:
1] From security point of view high value items must be stored and kept under lock and key or if
not possible they should be kept in such a way that they are always under supervision. Similarly
arrangement can be made for y and z items accordingly.
2] From inventory control point of view we must know why there is high inventory for 'X' items.
We should review inventory control procedure for each and every high item because stock should
be maintained to take care of lead-time consumption and also to provide safety stocks. For high
value items lying in stores we should review the reasons for long lead-time as well as demand
variations and see whether lead time consumption and safety stocks can be reduced. Thus proper
inventory control procedures can be developed on the basis of XYZ analysis.
XYZ analysis when combined with ABC analysis is used as under:
CLASS OF A B C
ITEMS
X Effort to be made reduce Effort to be made to Steps to be taken to
stocks to Z category convert them to Y dispose off surplus
category stocks
y Efforts to be made convert - Control may be
these to Z category. further tightened
Z - Stock levels may be -
reviewed twice a year
Selective control advocates control by exception. Uniform treatment of all items given diffused
effect besides being expensive. Items should be classified so that a major portion of effective
managerial time is spent on those materials which are more important than others. Thus proper
selective control methods should be selected to control the materials and prevent from facing loss,
taking advantage and knowing what exactly is to be done.
[C] JUST IN TIME (JIT)

Just in time is to produce and deliver finished goods just in time to be sold, make sub-assemblies just
in time 10 be assembled into finished goods, fabricate/purchase parts just in time to go into sub-
assemblies and procure raw materials just in tim0 to be transformed in to fabricated parts. JIT is a
complete business philosophy and the process of thinking, working and managing to eliminate
waste. TOYAT A, the originator of the JIT concept, defines waste as "anything other than minimum
amount of equipment, materials parts and working time absolutely essential to production."
OBJECTIVES:
1. Elimination of wastage in its many forms
2. Belief that ordering/holding cost can be reduced
3. Reduction in equipment lead time
4. Adjustment in the fluctuations in supply of material
5. Enhancement of quality
IMPLEMENTATION OF JIT CAN LEAD TO THE FOLLOWING BENEFITS TO THE

USER
• Reduction in manufacturing lead time
• Defects free production
• Lower inventory investment
• Greater conformance to delivery commitment
• Lesser cost of production
• Faster response to market needs
• Improved morale of the work force.
TECHNIQUES OF JIT
• Set up time reduction
• JIT machining cells
• JIT layout
• The pull system (The Kanban system of production control)
• Just in time purchasing
• Quality at source
• Employee involvement.
[D] ANALYSIS OF INVESTMENT IN INVENTORY

One of the major areas of decision - making for a finance manager is the investment decisions in
inventory. In the inventory, a large portion of the funds of a firm are invested. Therefore, whenever
a change in the inventory level is to be made, the profitability of such change should be found out.
In other words, the inventory policy of a firm will maximize the value of the firm at such point
where the incremental return from investments in inventory is either equal to or more than the
incremental cost of funds used for financing inventory.
DATA ANALYSIS
LIST OF PHYSICALLY CHECKED INVENTORY:
The lists of inventories in accordance with above mentioned categorization were procured from the
management information system/electronic data processing department. The format is shown as
below:
REVIEW OF ALL THE ITEMS AT THE STORE:
SR NO. DISCRIPTION RATE

1. 1 CORE PVC CABLE 16 MM2 89.00
2. 1 CORE 1 MM2 BLACK 5.89
3. 1 CORE 1 MM2 BLUE 5.89
4. 1 CORE 1 MM2 GREEN 5.89
5. 1 CORE 1 MM2 GREY 5.89
6. 1 CORE 1 MM2 ORANGE 5.89
7. 1 CORE 1 MM2 RED 5.89
8. 1 CORE 1 MM2 WHITE 5.89
9. 1 CORE 1 MM2 YELLOW 5.89
10. 10 PIN PLUG PRIYANTRONIX 303
11. 10 PIN RECEPTACLE PRIYANTRONIX 293
12. 2 CORE PVC CABLE 1.5 MM2 24
13. 2 ROLL DRIVE WITH G BOX ( 250 RPM) 1850.00
14. 2 ROLL DRIVE WITH G BOX ( IMPORTED) Geared
roller 3100.00
15. 2 ROLL DRIVE WITH G BOX ( IMPORTED) Plain
roller 3100.00
17. 3 PIN PLUG & SOCKER MS TYPE 108
18. 3 PIN PLUG PRIYANTRONIX ( TORCH) 59
19. 3 PIN RECEPTACLE PRIYANTRONIX (WF/PS) 55
22. 4 PIN PLUG PRIYANTRONIX 64
23. 4 PIN RECEPTACLE PRIYANTRONIX 58
24. 4 ROLL DRIVE UNIT WITH G BOX ( 145 RPM) 5900.00
25. 4 ROLL DRIVE UNIT WITH G BOX ( 66 RPM/37
RPM)With Motor 8150.00
26. 4 ROLL DRIVE WITH G BOX (IMPORTED) 4500.00
27. 6 PIN PLUG & SOCKET ( MS TYPE)
28. 92 TEETH 330.00
29. AFCO TAG ( SOLDERING TYPE) 0.10
30. ALU PLATE ( CHOKE MTG) 10.00
31. AMEETER 0-1500 A 333
32. AMMETER 0-1000 A 333
33. AMMETER 0-400 A 333
34. AMMETER 0-600 A 333
35. ANTI SPATTER SPRAY 500 ML 68.00
36. ANTISPATTER GEL 300 GM 55.00
37. BAKELITE INS PLATE 55.00
38. BAKELITE STRIP ( INPUT CABLE) 10
39. BEARING 6004 125.00
40. BEARING 6006 185.00
41. BEARING 6007 225.00
42. BEARING 6009 240.00
43. BEARING 6010 485.00
44. BEARING 6011 552.00
45. BEARING 6202 80.00
46. BEARING HOUSING (MS) 100*65 1840.00
47. BEARING HOUSING (MS) 125*100 2+3 1840.00
48. BEARING HOUSING 100MM DIA*125 MM LONG 960.00
49. BK WASHER AND BUSH ( FOR O/P TERMINAL) 13
50. BK WEDGES ( FOR CHOKE) 5.00
51. BOBBIN NO 13( 2 NOS/SET) 4.00
52. BOBBIN NO 7 ( 12 NOS/SET) 7.00
53. BRASS NIPPLE ( GAS HOSE) 12.50
54. BRASS NIPPLE 3/8" * 1/8" 20.00
55. BRASS NUT (GAS HOSE) 12.50
56. BRUSH HOLDER ASSY WITH OUT BRUSH 20* 40 600.00
57. BRUSH HOLDER ASSY Without BRUSH(8*10) V
TYPE Small 180.00
58. C TYPE STRIP 18.00
59. C.S.T 2.5 TERMINAL 7.06
60. CAPACITOR 0.1 MFD 630V ( 6 NOS/SET) 7.00
61. CARBON BRUSH 20*40 225.00
62. CARBON BRUSH FOR MARTIN MOTOR 25.00
63. CARBON BRUSH V 8*10 (SMALL) 75.00
64. CARTRIDGE (WITH SEALING RING) 159.00
65. CEBORA TIG 1565 IMPORTED 90000.00
66. CERAMIC NOZZLE 2410640/WG2411 22.10
67. CERAMIC NOZZLE 2411040 /WG2413 22.10
68. CERAMIC NOZZLE 2461036/WG2463 22.10
69. CERAMIC NOZZLE SAP 10 N 47 32.00
70. CERAMIC NOZZLE SAP 10 N 48 32.00
71. CHOKE BLOCK 63* 63* 180 MM (Duly drilled &
tapped) 300.00
72. CHOKE CP 300 1872.00
73. CHOKE CP 400 3710.00
74. CHOKE MTG ANGLE 10.00
75. CHUCK PLATE 300* 16 MM 650.00
76. CO2 WELDIN G TORCH RB 61 GD RGZ-2 3 MTR 12000.00
77. CO2 WELDING TORCH 36KD 3250.00
78. CO2 WELDING TORCH 40 KD (WITH 65 MM2 C/S
CABLE) 4800.00
79. CO2 WELDING TORCH M/C MOUNTING NM24,0.75
mtr 1250.00
80. CO2 WELDING TORCH NM24 2000.00
81. CO2 WELDING WIRE 0.8 MM 15 KG SPOOLS TATA
MAKE 1020.00
82. COLLET 1.6 MM SA26 10N23 27.00
83. COLLET 2.0 MM SA 26 27.00
84. COLLET 2.4 MM SA 26 27.00
85. COLLET 3.2 MM SA26 27.00
86. COLLET BODY 2.4 SA26 10N32 58.00
87. COLLET BODY1.6 SA26 10N31 58.00
88. COLLET GC 20 1.6 MM 26.00
89. COLLET GC 20 2.0 MM 26.00
90. COLLET GC 20 2.4 MM 26.00
91. COLLET GC 20 3.0/3.2 MM 26.00
92. CONTACT TIP 0.8 MM HD M6 10.00
93. CONTACT TIP 0.8 MM LD M6 5.90
94. CONTACT TIP 1.2 MM M6 LOW DUTY 5.90
95. CONTACT TIP 1.2 MM M8 29.00
96. CONTACT TIP 1.2 MM M6 H DUTY 10.00
97. CONTACT TIP 1.6 MM M8 29.00
98. CONTACT TIP 2 .0MM M8 30.00
99. CONTACT TIP 2.0 MM M10 ( FOR M 750) 70.00
100.
CONTACT TIP 2.8 MM M8 30.00
101.
CONTACTOR 16 AMPS 42 V AC BCH 659.00
102.
CONTACTOR 40 AMPS 1797.00
103.
CONTACTOR 6 AMPS D 15 SERIES 3no+ 1nc 469.00
104.
CONTACTOR 80 AMPS 3900.00
105.
CONTACTOR AUX CONTACT BLOCK 2NO 2 NC 158.00
106.
CONTACTOR AUX CONTACT BLOCK 4NO 158.00
107.
CONTROL PANEL (SMALL) 950.00
108.
CONTROL PANEL 480*620*240 WITH INSIDE TRAY 1226.00
109.
CONTROL PENDENT BIG 265.00
110.
CONTROL PENDENT SMALL 162.00
111.
CONTROL X MER ( PS) 1750.00
112.
CONTROL X MER ( SPM) 1750.00
113.
CONTROL X MER ( WF) 300.00
114.
CORRUGATED BOX ( TIG) 31*15*22 7 PLY 0.00
115.
CORRUGATED BOX CP 222 30"*17"*22" 62.00
116.
CORRUGATED BOX CP300 33*18.5"*24" 64.00
117.
CORRUGATED BOX CP400 32"*22.5"*29.5" 79.00
118.
CORRUGATED BOX W F 21"*13.5"*18" 59.50
119.
COTTER PIN 3/16 * 2" 1
120.
D WASHER 5.00
121.
DC.TIG INVERTER UNIT ( SAGAR MAKE) 42000.00
122.
DIN RAIL STRIP 25.00
123.
DIODE 150LF 40 RUTTONSHA 285.00
124.
DIODE 16FMR 40 150+15 30.56
125.
DIODE 250 RUTTONSHA 425.00
126.
DIODE 351 UF 1114.00
127.
DIODE CLAMP ( 6 NOS/SET) 4.00
128.
DIODE D 305 ( RECTIFIER HOUSE) 515.00
129. DIODE D155 A RECT HOUSE 265.00
130.
DOOR KNOB FOR WIRE FEEDER 10.00
131.
EARTHING RING ( GUN METAL) Nitin Industries 2+3 725.00
132.
END CLAMP 2.75
133.
END PLATE 2.00
134. EXPANSION MODULE FL1B M08B2R2 MAKE
ADEC 3240.00
135.
EYE BOLT 16 MM 40.00
136.
FAN 15" 1650.00
137.
FAN 18" 2210.00
138.
FAN 24" 4200.00
139.
FAN 9" 950.00
140.
FAN12" 1350.00
141.
FIBRE WASHER 0.30
142.
FINDER SOCKET 38.00
143.
FIXED JAWS (SPM FIXTURE YUTAKA) 300.00
144.
FIXED WHEEL 150 * 50 193
145.
FIXED WHEEL 150* 50 WITH BKT 504
146.
FIXED WHEEL 300 * 50 470
147.
FLOWMETER (CO2/AR) WELDCUT 420.00
148.
F-R-L UNIT1/2" JENITICS MAKE 1980.00
149.
FUSE HOLDER MF 20 31.00
150.
FUSE HOLDER SLP 15 42.00
151.
GAS DIFFUSOR 36KD 8.00
152. GAS DIFFUSOR 40 KD 18.00
153.
GAS DIFFUSOR NM24 8.00
154.
GAS HOSE RUBBER BLUE 8 MM 40.00
155.
GAS PREHEATER ASSY 220V 700.00
156.
GEAR 92 TEETH & 23 TEETH SET 670.00
157.
GEAR BOX (ITALLIAN) BONFIGLIOLI 3500.00
158.
GEAR BOX 100 RPM 1500.00
159.
160.
161.
162. GLASS FUSE 15 AMPS ( SLOW BLOW TYPE) 6* 32
MM 3.60
163.
GLASS FUSE 4 AMPS ( SLOW BLOW TYPE) 5*20 2.40
164.
HANDLE GRIP 10.00
165.
HEAT SINK BIG & SMALL ( 6 NOS/SET) SET 28+36 332.76
166.
HEATING ELEMENT 110 V 65.00
167.
HEATING ELEMENT 230 V 65.00
168.
HOSE CLIP 16 MM (GAS HOSE) 12.00
169.
INLET NOZZLE 30.00
170.
INNER TUBE 158.00
171.
INSULATING BUSH ( MS) 2 ROLL 48.00
172.
INSULATING BUSH (PC) 2 ROLL 35.00
173.
INSULATING CAP ( MS) 2 ROLL 10.00
174.
KNOB,POINTER,CAP FOR ABOVE 20,14,40 14.00
175.
L BK SUPPORT ( 6 NOS/SET) 7.00
176.
L TYPE PIPE 100.00
177.
LED 10 MM 8.00
178.
LED HOLDER 6.00
179.
LED PCB ASSY 20.00
180.
LED PCB BLANK 2.00
181.
LINEAR BEARING LM16UU 110.00
182.
LINEAR BEARING LM25UU 180.00
183.
LONG CAP GC 20 WG 240 2402 ( WG2402) 73.00
184.
LONG CAP SA26 57Y02 52.00
185.
LUG ( SOLDERING TYPE B5 ) ( 12NOS/SET) 0.10
186.
MAIN SHAFT ( 250 RPM G BOX) 75.00
187.
MAIN SHAFT ( SINGLE) 2000.00
188.
MAIN SHAFT ( TORCH ROTATION SYSTEM) 1900.00
189.
MAIN SHAFT (DOUBLE) 90MM DIA 2300.00
190.
MAIN SHAFT 2 ROLL 75.00
191.
MAIN SHAFT 4 ROLL 110.00
192.
MAIN SHAFT WITH BEARING( PC) 110.00
193.
MAIN TRANSFORMER CP 222 10123.00
194.
195.
196.
MALE CONNECTOR 1/8" BSP 25.00
197.
MICRO SLIDE ASSY 1500.00
198.
MOTOR MTG BKT 35.00
199.
MOTOR MTG PAD SHOE 6.00
200.
MOVING JAWS (SPM FIXTURE YUTAKA) 350.00
201.
N.C.ELEMENT 34.85
202.
N.O. ELEMENT 34.85
203.
NIPPLE ( PREHEATER) 30.00
204.
NOZZLE 36 KD 75.00
205.
NOZZLE 40 KD 130.00
206.
NOZZLE CLEANING TOOL 5.00
207.
NOZZLE FOR M750 450.00
208.
NOZZLE MB25 (11) 50.00
209.
NOZZLE MB25 (14) 50.00
210.
NOZZLE NM24 35.00
211.
NOZZLE SPRING MB25 5.50
212.
NUT ( PREHEATER) 30.00
213.
NYLON PAD 8.00
214.
NYLON WASHER 16 MM 2.00
215.
O RING SMALL 2.00
216.
OUTER TUBE 84.00
217.
OUTPUT BRASS BODY 70
218.
OUTPUT KNOB 14
219.
OUTPUT TERMINAL ASSY(WITH KNOB) 90
220. PCB ASSY( SPEED CONTROL) 1550.00
221.
PCB ASSY( WIRE FEEDER) 1700.00
222.
PCB BLANK WIRE FEEDER 158.40
223.
PCB BLANK( SPEED CONTROL) 111.00
224.
PILOT LAMP (LED) 22.5 DIA 141.00
225.
PLAIN ROLLER ( 2 ROLL) 30.00
226.
PMDC MOTOR 1000 RPM 36 V DC 3200.00
227.
PMDC MOTOR 120 W 36 V 5000 RPM MARTIN 1350.00
228.
PMDC MOTOR 1500 RPM 36 V DC
229.
PMDC MOTOR 180 W 36 V 5000 RPM MARTIN 1900.00
230.
PNEUMATIC CYLINDER 63 * 50 MM 1600.00
231.
PNEUMATIC CYLINDER 100 * 40 MM ( dutta) 1190.00
232.
PNEUMATIC CYLINDER 100 * 40 MM(Shvo Norgen) 1425.00
233.
PNEUMATIC CYLINDER PEN TYPE 25*25 750.00
234. PNEUMATIC TIMER WITH 2 BLOCK 230 V BCH
MAKE 2630.00
235.
PORCELAIN BEAD 0.10
236.
POTENTIOMETER 5 K 3 W 38.00
237.
POWER SUPPLY UNIT 24 V 2.5 AMPS 975.00
238.
PREHEATER BODY 363.00
239.
PRESSURE GAUGE(CYLINDER SIDE)P NO5114 210.00
240.
PRESSURE GAUGE(DELIVERY SIDE)P NO5244 210.00
241. PROXIMITY REED SWITCH ( FOR CYLINDER
MAGNET) 275.00
242.
PROXIMITY SWITCH NBB5 18GM 50E2 IMPORTED 585.00
243.
PU6 TUBE 28.00
244.
PULLEY CARRIER ASSY 300.00
245.
PUSH BUTTON ACTUATOR BLUE 38.25
246.
PUSH BUTTON ACTUATOR GREEN 38.25
247.
PUSH BUTTON ACTUATOR BLACK 38.25
248.
PUSH BUTTON ACTUATOR YELLOW 38.25
249.
PUSH BUTTON ACTUATOR WHITE 38.25
250.
PUSH BUTTON ACTUATOR MUSHRUM RED 62.00
251.
PUSH BUTTON PB 800 H GREEN (INCH/OCV) 31.00
252.
PVC CHANNEL 25* 25 50.00
253.
PVC CHANNEL 25* 30 54.00
254.
RC PCB ASSY 12.00
255.
RC PCB BLANK 2.00
256.
RECTFIER STACK (FOR TMIG 400) 1700.00
257.
RECTIFER MTG FLAT 10.00
258.
RECTIFIER MTG L BKT 10.00
259. RECTIFIER STACK ( FOR T ARC 400 RECTIFIER 400
AMPS) 1700.00
260. RECTIFIER STACK ( FOR T ARC 600 RECTIFIER
600(A) A 2400.00
261.
RECTIFIER STACK ASSY( FITTED WITH DIODES) 2755.00
262.
RECTIFIER STACK ASSY( WITHOUT DIODES) 1045.00
263.
REED SWITCH(CURRENT SENSOR) PLA MAKE 165.00
264.
REEL HOLDER AXLE 36.00
265.
REEL HOLDER WITH NUT 75.00
266.
REGULATOR WITH FLOWMETER ARGON 1810.00
267.
REGULATOR WITH FLOWMETER CO2 1810.00
268.
RELAY 57DP O/E/N 65.00
269.
RELAY 58 DP OMRON 60.00
270.
RELAY 8 PIN 24 V DC 140.00
271.
RELAY BASE WITH CLIP FOR ABOVE 90.00
272.
RELAY PCO 24 V DC 242.25
273.
RELAY RU2 S CD24 WITH BASE & CLIP 14PIN 238.00
274. RELAY RU2 S CD24 WITH BASE & CLIP 8 PIN
ADEC 190.00
275.
RIVET ( 12NOS/SET) 0.50
276.
ROTARY CULINDER SAS-R-32-90 SHAVO NORGEN 7102.00
277.
ROTARY SWITCH 1023 104.00
278.
ROTARY SWITCH 1039 F6 365.00
279.
ROTARY SWITCH 40313F6 742.50
280.
ROTARY SWITCH 4034 ON OFF 240.00
281.
ROTARY SWITCH 60313D 726.00
282.
ROTARY SWITCH 60319 F6 1215.00
283.
ROTOSEAL ATLAS 2 INPUTS 4657.00
284.
ROTOSEAL SINGLE INPUT 1550.00
285.
RT51 DRIVE UNIT BOX 1080.00
286.
RT51 TURN TABLE WITH COVER 2380.00
287.
RUBBER DIPHRAGM 58.00
288. S.V. MOUNTING BUSH 2.00
289. S.VALVE D COIL 24 V DC SHAVO
NORGENJENETICS 1200.00
290.
S.VALVE D COIL 24 V DC PATCON PNEUMATICS 1200.00
291.
S.VALVE D COIL 5*2 24 V DC JENETICS 1700.00
292.
S.VALVE S COIL 24 V DC JENETICS 950.00
293.
SELECTOR SWITCH 2 POSITION TECHNIC MAKE 119.85
294.
SELECTOR SWITCH 3 POSITION TECHNIC MAKE 119.85
295.
SHORT CAP GC20 42.00
296.
SHUNT 1000 AMP 1260
297.
SHUNT 1500 AMP 1818
298.
SHUNT 400 AMP 280
299.
SHUNT 600 AMP 875
300.
SHUNT 800 AMP 1000
301.
SILENCER FIXTURE(ELEPTICAL) JOB A YUTAKA 19320.00
302.
SILENCER FIXTURE(ELEPTICAL) JOB B YUTAKA 20110.00
303.
SLIDE ASSY FOR ELEPTICAL WEDING SPM 7970.00
304.
SLIDE ASSY FOR REFAIR INDUTRIES SPM 13250.00
305.
SMART RELAY FL1D-H12RCE MAKE ADEC 5400.00
306.
SOLENOID VALVE 230 V AC 502.00
307.
SOLENOID VALVE 42 V AC 502.00
308.
SPANNER ( TORCH) 10.00
309.
SPRING ( BRAKING) 3.00
310.
SPUR GEAR 2ROLL 45.00
311. STUD 10* 415 MM ( 2NOS/SET) 35.00
312.
SUBARC CONTROL UNIT WITH COVER 260.00
313.
SWIVEL ELBOW 1/8" BSP 35.00
314.
SWIVEL WHEEL 125* 50 609
315.
SWIVEL WHEEL 150* 50 WITH BKT 630
316.
SWIVEL WHEEL 77* 32 198
317.
TERMINAL STRIP 3 WAY 10 AMPS 250 V 8.00
318.
TERMINAL STRIP 4 WAY 10 AMPS 250V 10.00
319.
THERMOSTAT 85/70 DEGREE 58.00
320.
THYRISTOR 3935 RUTTONSHA (Rectifier house) 149.00
321.
TIG TORCH GC 20 4 MTR 2815.00
322.
TIG TORCH HEAD GC 20 831.30
323.
TIG TORCH HEAD GC 2002 001 831.00
324.
TIG TORCH HEAD SA26 SA26001 572.00
325.
TIG TORCH SA26 4 MTR WITH ERGO HANDLE 2638.00
326.
TIMER 800 U 750.00
327.
TIP ADAPTOR 36 KD 6 MM 8.00
328.
TIP ADAPTOR 36KD 8 MM 8.00
329.
TIP ADAPTOR 40 KD 8MM 48.00
330.
TIP ADAPTOR MB25 8.00
331.
TIP ADAPTOR NM24 4.00
332.
TOGGLE SWITCH 1031 OFF -ON 48.00
333.
TOGGLE SWITCH 2065 NO-OFF-NO 84.00
334.
TOGGLE SWITCH KT 1021 ON-OFF 48.00
335.
TOGGLE SWITCH KT 2061 ON-ON 84.00
336.
TORCH CABLE 33.5 MM2 1 MTR NM24 525.00
337.
TORCH CABLE 33.5 MM2 1.25 MTR NM24 600.00
338.
TORCH CABLE 33.5 MM2 1.5 MTR NM24 700.00
339.
TORCH CABLE 33.5 MM2 3 MTR NM24 1350.00
340.
TORCH CABLE 50.0 MM2 1.5 MTR 36KD 925.00
341.
TORCH CABLE 50.0 MM2 2.0 MTR 36KD 1250.00
342.
TORCH CABLE 50.0 MM2 3 MTR 36KD 1850.00
343.
TORCH HANDLE ASSY RED 133.00
344.
TORCH HEAD 36 KD 650.00
345.
TORCH HEAD 40 KD
346. TORCH HEAD M/C MOUNTING GOOSE NECK
36KD 750.00
347. TORCH HEAD M/C MOUNTING GOOSE NECK
NM24 550.00
348. TORCH HEAD M/C MOUNTING STRAIGHT HEAD
36KD 750.00
349. TORCH HEAD M/C MOUNTING STRAIGHT HEAD
NM24 550.00
350.
TORCH HEAD MB25 350.00
351.
TORCH HEAD NM24 300.00
352.
TORCH HOLDER 28 MM 150.00
353.
TORCH HOLDER 38 MM 175.00
354.
TORCH KIT MB25 5.00
355.
TORCH SLIDE ASSY ( PNEUMATIC) 2850.00
356.
TORCH SLIDE MOUNTING BLOCK 150.00
357.
TORCH SWITCH KIT NM 24 36.00
358. TORCH SWITCH( IMPORTED SINGLE MICRO
SWITCH) 415.65
359.
TRIGGER SWITCH MB25 60.00
360.
TROLLEY AND COVERS CP 222 1650.00
361.
TROLLEY AND COVERS CP 300 2280.00
362.
TROLLEY AND COVERS CP 400/T ARC 2500.00
363.
TROLLEY AND COVERS CPSA 1200 ( With Party) 11338.00
364.
TUNGSTEN ELECTRODE 1.6 MM (FOR ALU welding 56.00
365.
TUNGSTEN ELECTRODE 2.4 MM 97.00
366. TUNGSTEN ELECTRODE 2.4 MM (FOR ALU
WELDING) 101.00
367.
TUNGSTEN ELECTRODE 3.0/3.2 MM 115.00
368.
TUNGSTEN ELECTRODES 1.6 MM 56.00
369.
TUNGSTEN ELECTRODES 1MM 39.00
370.
TUNGSTEN ELECTRODES 2.0 MM 80.00
371.
TWIN GROOVED ROLLER ( 2 ROLL) 45.00
372.
VOLTMETER 0-100 V 370
373.
VOLTMETER 0-60 V 370
374.
WELDING CABLE 35 MM2 166.00
375.
WELDING CABLE 50 MM2 235.00
376.
WIRE BOOM CP 222 293.34
377.
378.
379. WIRE BOOM RT 51 234.66
380.
WIRE BOOM WIRE FEEDER 234.66
381.
WIRE FEEDER BOX ,TRAY AND FRAME 450.00
382.
WIRE FEEDER FRAME 100.00
383.
WIRE FEEDER TRAY 100.00
384.
WIRE GUIDE 20.00
385.
WIRE LINER BLUE (LOW COST) 70.00
386.
WIRE LINER RED 120.00
387.
WIRE LINER YELLOW (1.2-1.6 MM) 110.00
388.
WORM 250 RPM 100.00
389.
WORM 66/37 RPM 100.00
390.
WORM WHEEL 250 RPM 250.00
391.
WORM WHEEL 66/37 RPM 250.00
THE ORDERING POLICY OF THE COMPANY:
The above materials are ordered on the basis of the following points:-
1. Ordered on monthly basis.
2. Ordered on emergency against customer order.
REVIEW OF ALL THE ITEMS WITH ITS VALUE AND QUANTITY:
STOCK AS ON:-31.03.2010
SR. NO. MATERIAL DESCRIPTION STOCK RATE TOTAL

1. 1 CORE PVC CABLE 16 MM2 3 89.00 267.00
2. 1 CORE 1 MM2 BLACK 0 5.89 0.00
3. 1 CORE 1 MM2 BLUE 100 5.89 589.00
4. 1 CORE 1 MM2 GREEN 300 5.89 1767.00
5. 1 CORE 1 MM2 GREY 200 5.89 1178.00
6. 1 CORE 1 MM2 ORANGE 0 5.89 0.00
7. 1 CORE 1 MM2 RED 150 5.89 883.50
8. 1 CORE 1 MM2 WHITE 200 5.89 1178.00
9. 1 CORE 1 MM2 YELLOW 100 5.89 589.00
10. 10 PIN PLUG PRIYANTRONIX 2 303 606.00
11. 10 PIN RECEPTACLE
PRIYANTRONIX 3 293 879.00
12. 2 CORE PVC CABLE 1.5 MM2 5 24 120.00
13. 2 ROLL DRIVE WITH G BOX
( 250 RPM) 11 1850.00 20350.00
( IMPORTED) Geared roller 1 3100.00 3100.00
( IMPORTED) Plain roller 0 3100.00 0.00
16. 3 CORE PVC CABLE 1.5 MM2 25 31 775.00
17. 3 PIN PLUG & SOCKER MS TYPE 10 108 1080.00
18. 3 PIN PLUG PRIYANTRONIX
( TORCH) 6 59 354.00
19. 3 PIN RECEPTACLE PRIYANTRONIX
(WF/PS) 6 55 330.00
20. 4 CORE PVC CABLE 1.5 MM2 116 41 4756.00
21. 4 CORE PVC CABLE 2.5 MM2 30 66 1980.00
23. 4 PIN RECEPTACLE PRIYANTRONIX 8 58 464.00
24. 4 ROLL DRIVE UNIT WITH G BOX
( 145 RPM) 0 5900.00 0.00
25. 4 ROLL DRIVE UNIT WITH G BOX
( 66 RPM/37 RPM)With Motor 4 8150.00 32600.00
(IMPORTED) 2 4500.00 9000.00
27. 6 PIN PLUG & SOCKET ( MS TYPE) 0
28. 92 TEETH 1 330.00 330.00
29. AFCO TAG ( SOLDERING TYPE) 800 0.10 80.00
30. ALU PLATE ( CHOKE MTG) 75 10.00 750.00
31. AMEETER 0-1500 A 2 333 666.00
32. AMMETER 0-1000 A 3 333 999.00
33. AMMETER 0-400 A 4 333 1332.00
34. AMMETER 0-600 A 0 333 0.00
35. ANTI SPATTER SPRAY 500 ML 0 68.00 0.00
36. ANTISPATTER GEL 300 GM 3 55.00 165.00
37. BAKELITE INS PLATE 1 55.00 55.00
38. BAKELITE STRIP ( INPUT CABLE) 2 10 20.00
39. BEARING 6004 4 125.00 500.00
40. BEARING 6006 5 185.00 925.00
41. BEARING 6007 5 225.00 1125.00
42. BEARING 6009 1 240.00 240.00
43. BEARING 6010 0 485.00 0.00
44. BEARING 6011 0 552.00 0.00
45. BEARING 6202 8 80.00 640.00
46. BEARING HOUSING (MS) 100*65 10 1840.00 18400.00
47. BEARING HOUSING (MS) 125*100
2+3 5 1840.00 9200.00
48. BEARING HOUSING 100MM DIA*125
MM LONG 10 960.00 9600.00
49. BK WASHER AND BUSH
(FOR O/P TERMINAL) 0 13 0.00
50. BK WEDGES ( FOR CHOKE) 165 5.00 825.00
51. BOBBIN NO 13( 2 NOS/SET) 60 4.00 240.00
52. BOBBIN NO 7 ( 12 NOS/SET) 100 7.00 700.00
53. BRASS NIPPLE ( GAS HOSE) 125 12.50 1562.5
54. BRASS NIPPLE 3/8" * 1/8" 29 20.00 580.00
55. BRASS NUT (GAS HOSE) 125 12.50 1562.5
56. BRUSH HOLDER ASSY WITH OUT
BRUSH 20* 40 8 600.00 4800.00
57. BRUSH HOLDER ASSY Without
BRUSH(8*10) V TYPE Small 8 180.00 1440.00
58. C TYPE STRIP 1 18.00 18.00
59. C.S.T 2.5 TERMINAL 107 7.06 754.89
60. CAPACITOR 0.1 MFD 630V
( 6 NOS/SET) 60 7.00 420.00
61. CARBON BRUSH 20*40 20 225.00 4500.00
62. CARBON BRUSH FOR MARTIN
MOTOR 102 25.00 2550.00
63. CARBON BRUSH V 8*10 (SMALL) 10 75.00 750.00
64. CARTRIDGE (WITH SEALING RING) 12 159.00 1908.00
65. 90000.0
CEBORA TIG 1565 IMPORTED 1 0 90000.00
66. CERAMIC NOZZLE 2410640/WG2411 8 22.10 176.80
67. CERAMIC NOZZLE 2411040 /WG2413 4 22.10 88.40
69. CERAMIC NOZZLE SAP 10 N 47 0 32.00 0.00
71. CHOKE BLOCK 63* 63* 180 MM 9 300.00 2700.00
(Duly drilled & tapped)
72. CHOKE CP 300 3 1872.00 5616.00
73. CHOKE CP 400 1 3710.00 3710.00
74. CHOKE MTG ANGLE 14 10.00 140.00
75. CHUCK PLATE 300* 16 MM 12 650.00 7800.00
76. CO2 WELDIN G TORCH RB 61 GD 12000.0
RGZ-2 3 MTR 2 0 24000.00
77. CO2 WELDING TORCH 36KD 0 3250.00 0.00
78. CO2 WELDING TORCH 40 KD
(WITH 65 MM2 C/S CABLE) 1 4800.00 4800.00
79. CO2 WELDING TORCH M/C
MOUNTING NM24,0.75 mtr 0 1250.00 0.00
80. CO2 WELDING TORCH NM24 5 2000.00 10000.00
81. CO2 WELDING WIRE 0.8 MM 15 KG
SPOOLS TATA MAKE 1 1020.00 1020.00
82. COLLET 1.6 MM SA26 10N23 17 27.00 459.00
83. COLLET 2.0 MM SA 26 9 27.00 243.00
84. COLLET 2.4 MM SA 26 12 27.00 324.00
85. COLLET 3.2 MM SA26 3 27.00 81.00
86. COLLET BODY 2.4 SA26 10N32 17 58.00 986.00
87. COLLET BODY1.6 SA26 10N31 2 58.00 116.00
88. COLLET GC 20 1.6 MM 10 26.00 260.00
89. COLLET GC 20 2.0 MM 6 26.00 156.00
90. COLLET GC 20 2.4 MM 16 26.00 416.00
91. COLLET GC 20 3.0/3.2 MM 0 26.00 0.00
92. CONTACT TIP 0.8 MM HD M6 65 10.00 650.00
93. CONTACT TIP 0.8 MM LD M6 365 5.90 2153.50
94. CONTACT TIP 1.2 MM M6 LOW
DUTY 322 5.90 1899.80
95. CONTACT TIP 1.2 MM M8 50 29.00 1450.00
96. CONTACT TIP 1.2 MM M6 H DUTY 26 10.00 260.00
97. CONTACT TIP 1.6 MM M8 50 29.00 1450.00
98. CONTACT TIP 2 .0MM M8 0 30.00 0.00
99. CONTACT TIP 2.0 MM M10
( FOR M 750) 19 70.00 1330.00
100. CONTACT TIP 2.8 MM M8 0 30.00 0.00
101. CONTACTOR 16 AMPS 42 V AC BCH 3 659.00 1977.00
102. CONTACTOR 40 AMPS 0 1797.00 0.00
103. CONTACTOR 6 AMPS D 15 SERIES
3no+ 1nc 3 469.00 1407.00
104. CONTACTOR 80 AMPS 3 3900.00 11700.00
105. CONTACTOR AUX CONTACT BLOCK
2NO 2 NC 4 158.00 632.00
106. CONTACTOR AUX CONTACT BLOCK 9 158.00 1422.00
4NO
107. CONTROL PANEL (SMALL) 1 950.00 950.00
108. CONTROL PANEL 480*620*240 WITH
INSIDE TRAY 7 1226.00 8582.00
109. CONTROL PENDENT BIG 7 265.00 1855.00
110. CONTROL PENDENT SMALL 13 162.00 2106.00
111. CONTROL X MER ( PS) 11 1750.00 19250.00
112. CONTROL X MER ( SPM) 7 1750.00 12250.00
113. CONTROL X MER ( WF) 13 300.00 3900.00
114. CORRUGATED BOX ( TIG) 31*15*22
7 PLY 0 0.00 0.00
115. CORRUGATED BOX CP 222
30"*17"*22" 9 62.00 558.00
116. CORRUGATED BOX CP300
33*18.5"*24" 13 64.00 832.00
117. CORRUGATED BOX CP400
32"*22.5"*29.5" 3 79.00 237.00
118. CORRUGATED BOX W F
21"*13.5"*18" 0 59.50 0.00
119. COTTER PIN 3/16 * 2" 100 1 100.00
120. D WASHER 304 5.00 1520.00
121. DC.TIG INVERTER UNIT 42000.0
(SAGAR MAKE) 1 0 42000.00
122. DIN RAIL STRIP 5 25.00 125.00
123. DIODE 150 A NAINA 40 265.00 10600.00
124. DIODE 16FMR 40 150+15 165 30.56 5042.40
125. DIODE 250 RUTTONSHA 24 425.00 10200.00
126. DIODE 351 UF 12 1114.00 13368.00
127. DIODE CLAMP ( 6 NOS/SET) 270 4.00 1080.00
128. DIODE D 305 ( RECTIFIER HOUSE) 0 515.00 0.00
129. DIODE D155 A RECT HOUSE 45 265.00 11925.00
130. DOOR KNOB FOR WIRE FEEDER 4 10.00 40.00
131. EARTHING RING ( GUN METAL)
Nitin industries 5 725.00 3625.00
132. END CLAMP 90 2.75 247.50
133. END PLATE 79 2.00 158.00
134. EXPANSION MODULE FL1B
M08B2R2 MAKE ADEC 0 3240.00 0.00
135. EYE BOLT 16 MM 30 40.00 1200.00
136. FAN 15" 0 1650.00 0.00
137. FAN 18" 1 2210.00 2210.00
138. FAN 24" 0 4200.00 0.00
139. FAN 9" 4 950.00 3800.00
140. FAN12" 10 1350.00 13500.00
141. FIBRE WASHER 1960 0.30 588.00
142. FINDER SOCKET 4 38.00 152.00
143. FIXEDJAWS(SPM FIXTURE YUTAKA) 1 300.00 300.00
144. FIXED WHEEL 150 * 50 20 193 3860.00
145. FIXED WHEEL 150* 50 WITH BKT 0 504 0.00
146. FIXED WHEEL 300 * 50 4 470 1880.00
147. FLOWMETER (CO2/AR) WELDCUT 0 420.00 0.00
148. F-R-L UNIT1/2" JENITICS MAKE 3 1980.00 5940.00
149. FUSE HOLDER MF 20 7 31.00 217.00
150. FUSE HOLDER SLP 15 120 42.00 5040.00
151. GAS DIFFUSOR 36KD 20 8.00 160.00
152. GAS DIFFUSOR 40 KD 14 18.00 252.00
153. GAS DIFFUSOR NM24 594 8.00 4752.00
154. GAS HOSE RUBBER BLUE 8 MM 18 40.00 720.00
155. GAS PREHEATER ASSY 220V 28 700.00 19600.00
156. GEAR 92 TEETH & 23 TEETH SET 8 670.00 5360.00
157. GEARBOX (ITALLIAN) BONFIGLIOLI 2 3500.00 7000.00
158. GEAR BOX 100 RPM 1 1500.00 1500.00
159. GEAR BOX 145 RPM 0 1500.00 0.00
160. GEAR BOX 37 RPM 2 1500.00 3000.00
161. GEAR BOX 66 RPM 5 1500.00 1500.00
162. GLASS FUSE 15 AMPS ( SLOW BLOW
TYPE) 6* 32 MM 300 3.60 1080.00
163. GLASS FUSE 4 AMPS ( SLOW BLOW
TYPE) 5*20 220 2.40 528.00
164. H.V. TRANSFORMER 1 1850.00 1850.00
165. HANDLE GRIP 21 10.00 210.00
166. HEAT SINK BIG & SMALL
( 6 NOS/SET) SET 28+36 4 332.76 1331.04
167. HEATING ELEMENT 110 V 3 65.00 195.00
169. HOSE CLIP 16 MM (GAS HOSE) 110 12.00 1320.00
170. INLET NOZZLE 7 30.00 210.00
171. INNER TUBE 4 158.00 632.00
172. INSULATING BUSH ( MS) 2 ROLL 20 48.00 960.00
173. INSULATING BUSH (PC) 2 ROLL 5 35.00 175.00
174. INSULATING CAP ( MS) 2 ROLL 17 10.00 170.00
175. KNOB,POINTER,CAP FOR ABOVE
20,14,40 19 14.00 266.00
176. L BK SUPPORT ( 6 NOS/SET) 279 7.00 1953.00
177. L TYPE PIPE 5 100.00 500.00
178. LED 10 MM 5 8.00 40.00
179. LED HOLDER 0 6.00 0.00
180. LED PCB ASSY 22 20.00 440.00
181. LED PCB BLANK 150 2.00 300.00
182. LINEAR BEARING LM16UU 16 110.00 1760.00
184. LONG CAP GC 20 WG 240 2402
( WG2402) 1 73.00 73.00
185. LONG CAP SA26 57Y02 0 52.00 0.00
186. LUG ( SOLDERING TYPE B5 )
( 12NOS/SET) 1000 0.10 100.00
187. MAIN SHAFT ( 250 RPM G BOX) 0 75.00 0.00
188. MAIN SHAFT ( SINGLE) 2 2000.00 4000.00
189. MAIN SHAFT ( TORCH ROTATION
SYSTEM) 6 1900.00 11400.00
190. MAIN SHAFT (DOUBLE) 90MM DIA 0 2300.00 0.00
191. MAIN SHAFT 2 ROLL 0 75.00 0.00
192. MAIN SHAFT 4 ROLL 4 110.00 440.00
193. MAIN SHAFT WITH BEARING( PC) 11 110.00 1210.00
194. 10123.0
MAIN TRANSFORMER CP 222 0 0 0.00
195. 11271.0
196. 22373.0
197. MALE CONNECTOR 1/8" BSP 23 25.00 575.00
198. MICRO SLIDE ASSY 3 1500.00 4500.00
199. MOTOR MTG BKT 15 35.00 525.00
200. MOTOR MTG PAD SHOE 20 6.00 120.00
201. MOVING JAWS (SPM FIXTURE
YUTAKA) 1 350.00 350.00
202. N.C.ELEMENT 10 34.85 348.50
203. N.O. ELEMENT 39 34.85 1359.15
204. NIPPLE ( PREHEATER) 27 30.00 810.00
205. NOZZLE 36 KD 25 75.00 1875.00
206. NOZZLE 40 KD 6 130.00 780.00
207. NOZZLE CLEANING TOOL 110 5.00 550.00
208. NOZZLE FOR M750 10 450.00 4500.00
209. NOZZLE MB25 (11) 15 50.00 750.00
210. NOZZLE MB25 (14) 29 50.00 1450.00
211. NOZZLE NM24 128 35.00 4480.00
212. NOZZLE SPRING MB25 100 5.50 550.00
213. NUT ( PREHEATER) 42 30.00 1260.00
214. NYLON PAD 13 8.00 104.00
215. NYLON WASHER 16 MM 77 2.00 154.00
216. O RING SMALL 425 2.00 850.00
217. OUTER TUBE 4 84.00 336.00
218. OUTPUT BRASS BODY 32 70 2240.00
219. OUTPUT KNOB 15 14 210.00
220. OUTPUT TERMINAL ASSY
(WITH KNOB) 41 90 3690.00
221. PCB ASSY( SPEED CONTROL) 13 1550.00 20150.00
222. PCB ASSY( WIRE FEEDER) 1 1700.00 1700.00
223. PCB BLANK WIRE FEEDER 15 158.40 2376.00
224. PCB BLANK( SPEED CONTROL) 17 111.00 1887.00
225. PILOT LAMP (LED) 22.5 DIA 9 141.00 1269.00
226. PLAIN ROLLER ( 2 ROLL) 7 30.00 210.00
227. PMDC MOTOR 1000 RPM 36 V DC 2 3200.00 6400.00
228. PMDC MOTOR 120 W 36 V 5000 RPM
MARTIN 7 1350.00 9450.00
229. PMDC MOTOR 1500 RPM 36 V DC 0
230. PMDC MOTOR 180 W 36 V 5000 RPM
MARTIN 10 1900.00 19000.00
231. PNEUMATIC CYLINDER 63 * 50 MM 3 1600.00 4800.00
232. PNEUMATIC CYLINDER 100 * 40 MM
( dutta) 3 1190.00 3570.00
233. PNEUMATIC CYLINDER 100 * 40
MM(Shvo Norgen) 5 1425.00 7125.00
234. PNEUMATIC CYLINDER PEN TYPE
25*25 3 750.00 2250.00
235. PNEUMATIC TIMER WITH 2 BLOCK
230 V BCH MAKE 1 2630.00 2630.00
236. PORCELAIN BEAD 500 0.10 50.00
237. POTENTIOMETER 5 K 3 W 7 38.00 266.00
238. POWER SUPPLY UNIT 24 V 2.5 AMPS 8 975.00 7800.00
239. PREHEATER BODY 9 363.00 3267.00
240. PRESSURE GAUGE
(CYLINDER SIDE)P NO5114 6 210.00 1260.00
241. PRESSURE GAUGE
(DELIVERY SIDE)P NO5244 2 210.00 420.00
242. PROXIMITY REED SWITCH
(FOR CYLINDER MAGNET) 2 275.00 550.00
243. PROXIMITY SWITCH NBB5 18GM
50E2 IMPORTED 19 585.00 11115.00
244. PU6 TUBE 20 28.00 560.00
245. PULLEY CARRIER ASSY 3 300.00 900.00
246. PUSH BUTTON ACTUATOR BLUE 8 38.25 306.00
247. PUSH BUTTON ACTUATOR GREEN 5 38.25 191.25
248. PUSH BUTTON ACTUATOR BLACK 12 38.25 459.00
249. PUSH BUTTON ACTUATOR
YELLOW 4 38.25 153.00
250. PUSH BUTTON ACTUATOR WHITE 13 38.25 497.25
251. PUSH BUTTON ACTUATOR
MUSHRUM RED 6 62.00 372.00
252. PUSH BUTTON PB 800 H GREEN
(INCH/OCV) 51 31.00 1581.00
253. PVC CHANNEL 25* 25 6 50.00 300.00
254. PVC CHANNEL 25* 30 0 54.00 0.00
255. RC PCB ASSY 23 12.00 276.00
256. RC PCB BLANK 108 2.00 216.00
257. RECTFIER STACK (FOR TMIG 400) 0 1700.00 0.00
258. RECTIFER MTG FLAT 26 10.00 260.00
259. RECTIFIER MTG L BKT 25 10.00 250.00
260. RECTIFIER STACK ( FOR T ARC 400
RECTIFIER 400 AMPS) 1 1700.00 1700.00
261. RECTIFIER STACK ( FOR T ARC 600
RECTIFIER 600 AMPS) 1 2400.00 2400.00
262. RECTIFIER STACK ASSY( FITTED
WITH DIODES) 0 2755.00 0.00
263. RECTIFIER STACK ASSY( WITHOUT
DIODES) 16 1045.00 16720.00
264. REED SWITCH(CURRENT SENSOR)
PLA MAKE 1 165.00 165.00
265. REEL HOLDER AXLE 15 36.00 540.00
266. REEL HOLDER WITH NUT 43 75.00 3225.00
267. REGULATOR WITH FLOWMETER
ARGON 3 1810.00 5430.00
268. REGULATOR WITH FLOWMETER
CO2 7 1810.00 12670.00
269. RELAY 57DP O/E/N 18 65.00 1170.00
270. RELAY 58 DP OMRON 4 60.00 240.00
271. RELAY 8 PIN 24 V DC 3 140.00 420.00
272. RELAY BASE WITH CLIP FOR
ABOVE 6 90.00 540.00
273. RELAY PCO 24 V DC 1 242.25 242.25
274. RELAY RU2 S CD24 WITH BASE &
CLIP 14PIN 11 238.00 2618.00
275. RELAY RU2 S CD24 WITH BASE &
CLIP 8 PIN ADEC 11 190.00 2090.00
276. RIVET ( 12NOS/SET) 300 0.50 150.00
277. ROTARY CULINDER SAS-R-32-90
SHAVO NORGEN 3 7102.00 21306.00
278. ROTARY SWITCH 1023 21 104.00 2184.00
279. ROTARY SWITCH 1039 F6 30 365.00 10950.00
280. ROTARY SWITCH 40313F6 2 742.50 1485.00
281. ROTARY SWITCH 4034 ON OFF 1 240.00 240.00
282. ROTARY SWITCH 60313D 3 726.00 2178.00
283. ROTARY SWITCH 60319 F6 2 1215.00 2430.00
284. ROTOSEAL ATLAS 2 INPUTS 0 4657.00 0.00
285. ROTOSEAL SINGLE INPUT 0 1550.00 0.00
286. RT51 DRIVE UNIT BOX 5 1080.00 5400.00
287. RT51 TURN TABLE WITH COVER 5 2380.00 11900.00
288. RUBBER DIPHRAGM 6 58.00 348.00
289. S.V. MOUNTING BUSH 255 2.00 510.00
290. S.VALVE D COIL 24 V DC SHAVO
NORGENJENETICS 5 1200.00 6000.00
291. S.VALVE D COIL 24 V DC PATCON
PNEUMATICS 9 1200.00 10800.00
292. S.VALVE D COIL 5*2 24 V DC
JENETICS 7 1700.00 11900.00
293. S.VALVE S COIL 24 V DC JENETICS 2 950.00 1900.00
294. SELECTOR SWITCH 2 POSITION
TECHNIC MAKE 9 119.85 1078.65
295. SELECTOR SWITCH 3 POSITION
TECHNIC MAKE 3 119.85 359.55
296. SHORT CAP GC20 6 42.00 252.00
297. SHUNT 1000 AMP 1 1260 1260.00
298. SHUNT 1500 AMP 1 1818 1818.00
299. SHUNT 400 AMP 13 280 3640.00
300. SHUNT 600 AMP 3 875 2625.00
301. SHUNT 800 AMP 1 1000 1000.00
302. SILENCER FIXTURE(ELEPTICAL) 19320.0
JOB A YUTAKA 1 0 19320.00
303. SILENCER FIXTURE(ELEPTICAL) 20110.0
JOB B YUTAKA 1 0 20110.00
304. SLIDE ASSY FOR ELEPTICAL
WEDING SPM 1 7970.00 7970.00
305. SLIDE ASSY FOR REFAIR 13250.0
INDUTRIES SPM 1 0 13250.00
306. SMART RELAY FL1D-H12RCE MAKE
ADEC 0 5400.00 0.00
307. SOLENOID VALVE 230 V AC 3 502.00 1506.00
309. SPANNER ( TORCH) 75 10.00 750.00
310. SPRING ( BRAKING) 79 3.00 237.00
311. SPUR GEAR 2ROLL 70 45.00 3150.00
312. STUD 10* 415 MM ( 2NOS/SET) 38 35.00 1330.00
313. SUBARC CONTROL UNIT WITH
COVER 3 260.00 780.00
314. SWIVEL ELBOW 1/8" BSP 23 35.00 805.00
315. SWIVEL WHEEL 125* 50 2 609 1218.00
316. SWIVEL WHEEL 150* 50 WITH BKT 0 630 0.00
317. SWIVEL WHEEL 77* 32 10 198 1980.00
318. TERMINAL STRIP 3 WAY 10 AMPS
250 V 3 8.00 24.00
319. TERMINAL STRIP 4 WAY 10 AMPS
250V 15 10.00 150.00
320. THERMOSTAT 85/70 DEGREE 112 58.00 6496.00
321. THYRISTOR 3935 RUTTONSHA 50 149.00 7450.00
322. TIG TORCH GC 20 4 MTR 0 2815.00 0.00
323. TIG TORCH HEAD GC 20 0 831.30 0.00
324. TIG TORCH HEAD GC 2002 001 2 831.00 1662.00
325. TIG TORCH HEAD SA26 SA26001 0 572.00 0.00
326. TIG TORCH SA26 4 MTR WITH
ERGO HANDLE 0 2638.00 0.00
327. TIMER 800 U 3 750.00 2250.00
328. TIP ADAPTOR 36 KD 6 MM 50 8.00 400.00
329. TIP ADAPTOR 36KD 8 MM 12 8.00 96.00
330. TIP ADAPTOR 40 KD 8MM 6 48.00 288.00
331. TIP ADAPTOR MB25 12 8.00 96.00
332. TIP ADAPTOR NM24 202 4.00 808.00
333. TOGGLE SWITCH 1031 OFF -ON 0 48.00 0.00
334. TOGGLE SWITCH 2065 NO-OFF-NO 0 84.00 0.00
335. TOGGLE SWITCH KT 1021 ON-OFF 5 48.00 240.00
336. TOGGLE SWITCH KT 2061 ON-ON 0 84.00 0.00
337. TORCH CABLE 33.5 MM2 1 MTR
NM24 0 525.00 0.00
338. TORCH CABLE 33.5 MM2 1.25 MTR
NM24 0 600.00 0.00
NM24 1 700.00 700.00
NM24 4 1350.00 5400.00
36KD 0 925.00 0.00
36KD 1 1250.00 1250.00
36KD 2 1850.00 3700.00
344. TORCH HANDLE ASSY RED 51 133.00 6783.00
345. TORCH HEAD 36 KD 8 650.00 5200.00
346. TORCH HEAD 40 KD 0
347. TORCH HEAD M/C MOUNTING 0 750.00 0.00
348. TORCH HEAD M/C MOUNTING
GOOSE NECK NM24 6 550.00 3300.00
STRAIGHT HEAD 36KD 3 750.00 2250.00
STRAIGHT HEAD NM24 2 550.00 1100.00
351. TORCH HEAD MB25 3 350.00 1050.00
352. TORCH HEAD NM24 10 300.00 3000.00
353. TORCH HOLDER 28 MM 3 150.00 450.00
354. TORCH HOLDER 38 MM 15 175.00 2625.00
355. TORCH KIT MB25 950 5.00 4750.00
356. TORCH SLIDE ASSY ( PNEUMATIC) 11 2850.00 31350.00
357. TORCH SLIDE MOUNTING BLOCK 30 150.00 4500.00
358. TORCH SWITCH KIT NM 24 26 36.00 936.00
359. TORCH SWITCH( IMPORTED SINGLE
MICRO SWITCH) 2 415.65 831.30
360. TRIGGER SWITCH MB25 32 60.00 1920.00
361. TROLLEY AND COVERS CP 222 9 1650.00 14850.00
363. TROLLEY AND COVERS CP 400/T
ARC 3 2500.00 7500.00
364. TROLLEY AND COVERS CPSA 1200 11338.0
( With Party) 1 0 11338.00
365. TUNGSTEN ELECTRODE 1.6 MM
(FOR ALU WELDING) 10 56.00 560.00
366. TUNGSTEN ELECTRODE 2.4 MM 12 97.00 1164.00
367. TUNGSTEN ELECTRODE 2.4 MM
(FOR ALU WELDING) 10 101.00 1010.00
368. TUNGSTEN ELECTRODE 3.0/3.2 MM 14 115.00 1610.00
369. TUNGSTEN ELECTRODES 1.6 MM 7 56.00 392.00
370. TUNGSTEN ELECTRODES 1MM 8 39.00 312.00
372. TWIN GROOVED ROLLER ( 2 ROLL) 6 45.00 270.00
373. VOLTMETER 0-100 V 0 370 0.00
374. VOLTMETER 0-60 V 12 370 4440.00
375. WELDING CABLE 35 MM2 0 166.00 0.00
376. WELDING CABLE 50 MM2 30 235.00 7050.00
377. WIRE BOOM CP 222 7 293.34 2053.38
378. WIRE BOOM CP 300 9 297.23 2675.07
379. WIRE BOOM CP 400 0 375.00 0.00
380. WIRE BOOM RT 51 0 234.66 0.00
381. WIRE BOOM WIRE FEEDER 4 234.66 938.64
382. WIRE FEEDER BOX ,TRAY AND
FRAME 38 450.00 17100.00
383. WIRE FEEDER FRAME 23 100.00 2300.00
384. WIRE FEEDER TRAY 17 100.00 1700.00
385. WIRE GUIDE 19 20.00 380.00
386. WIRE LINER BLUE (LOW COST) 10 70.00 700.00
387. WIRE LINER RED 16 120.00 1920.00
388. WIRE LINER YELLOW (1.2-1.6 MM) 17 110.00 1870.00
389. WORM 250 RPM 5 100.00 500.00
390. WORM 66/37 RPM 9 100.00 900.00
391. WORM WHEEL 250 RPM 12 250.00 3000.00
392. WORM WHEEL 66/37 RPM 8 250.00 2000.00
TOTAL VALUE OF STOCK(NET)

1377154.32
REVIEW OF 13 ITEMS HAVING TOTAL VALUE BETWEEN RS 20, 000/-TO RS

1, 00, 000/-
TOTAL AMOUNT- RS 4, 36,117/-
SR.NO. MATERIAL DESCRIPTION STOCK RATE TOTAL
90000.0
1. CEBORA TIG 1565 IMPORTED 1 0 90000.00
42000.0
2. DC.TIG INVERTER UNIT ( SAGAR MAKE) 1 0 42000.00
22373.0
3. MAIN TRANSFORMER CP 400 1 0 22373.00
20315.0
4. FABRICATED TABLE 1700*1600*2114 (Yutaka SPM) 1 0 20315.00
20110.0
5. SILENCER FIXTURE(ELEPTICAL) JOB B YUTAKA 1 0 20110.00
12000.0
6. CO2 WELDIN G TORCH RB 61 GD RGZ-2 3 MTR 2 0 24000.00
11271.0
7. MAIN TRANSFORMER CP 300 3 0 33813.00
4 ROLL DRIVE UNIT WITH G BOX ( 66 RPM/37
8. RPM)With Motor 4 8150.00 32600.00
9. ROTARY CULINDER SAS-R-32-90 SHAVO NORGEN 3 7102.00 21306.00
10. TORCH SLIDE ASSY ( PNEUMATIC) 11 2850.00 31350.00
11. 2 ROLL DRIVE WITH G BOX ( 250 RPM) 11 1850.00 20350.00
12. PCB ASSY( SPEED CONTROL) 13 1550.00 20150.00
13. DIODE 200 A NAINA 154 375.00 57750.00
REVIEW OF 27 ITEMS HAVING TOTAL VALUE BETWEEN RS 10,000/- TO RS 20, 000/-
TOTAL AMOUNT-Rs.379169.00/-
SILENCER FIXTURE(ELEPTICAL) 19320.0

1. JOB A YUTAKA 1 0 19320.00
13938.0
2. MAIN TRANSFORMER T ARC 400 1 0 13938.00
SLIDE ASSY FOR REFAIR INDUTRIES 13250.0
3. SPM 1 0 13250.00
TROLLEY AND COVERS CPSA 1200 11338.0
4. (With Party) 1 0 11338.00
FABRICATED TABLE 600*600*750
5. (Yutaka SPM) RT52/RT53 2 5500.00 11000.00
6. CONTACTOR 80 AMPS 3 3900.00 11700.00
7. RT51 TURN TABLE WITH COVER 5 2380.00 11900.00
PMDC MOTOR 180 W 36 V 5000 RPM
8. MARTIN 10 1900.00 19000.00
MAIN SHAFT ( TORCH ROTATION
9. SYSTEM) 6 1900.00 11400.00
10. BEARING HOUSING (MS) 100*65 10 1840.00 18400.00
11. REGULATOR WITH FLOWMETER CO2 7 1810.00 12670.00
12. CONTROL X MER ( PS) 11 1750.00 19250.00
13. CONTROL X MER ( SPM) 7 1750.00 12250.00
14. S.VALVE D COIL 5*2 24 V DC JENETICS 7 1700.00 11900.00
16. FAN12" 10 1350.00 13500.00
S.VALVE D COIL 24 V DC PATCON
17. PNEUMATICS 9 1200.00 10800.00
18. DIODE 351 UF 12 1114.00 13368.00
RECTIFIER STACK ASSY
19. (WITHOUT DIODES) 16 1045.00 16720.00
PROXIMITY SWITCH NBB5 18GM 50E2
20. IMPORTED 19 585.00 11115.00
21. WIRE FEEDER BOX ,TRAY AND FRAME 38 450.00 17100.00
22. DIODE 250 RUTTONSHA 24 425.00 10200.00
23. ROTARY SWITCH 1039 F6 30 365.00 10950.00
24. DIODE 150LF 40 RUTTONSHA 38 285.00 10830.00
25. DIODE D155 A RECT HOUSE 45 265.00 11925.00
26. DIODE 150 A NAINA 40 265.00 10600.00
27. THYRISTOR MELTRON 3899 71 145.00 10295.00
REVIEW OF 361 ITEMS HAVING TOTAL VALUE BETWEEN RS 0/- TO RS 10, 000/-
TOTAL AMOUNT: - RS.561868.32/-

1. MAIN TRANSFORMER CP 222 0 10123.00 0.00
2. SLIDE ASSY FOR ELEPTICAL WEDING SPM 1 7970.00 7970.00
3. 4 ROLL DRIVE UNIT WITH G BOX ( 145 RPM) 0 5900.00 0.00
4. SMART RELAY FL1D-H12RCE MAKE ADEC 0 5400.00 0.00
CO2 WELDING TORCH 40 KD (WITH 65 MM2
5. C/S CABLE) 1 4800.00 4800.00
6. ROTOSEAL ATLAS 2 INPUTS 0 4657.00 0.00
7. 4 ROLL DRIVE WITH G BOX (IMPORTED) 2 4500.00 9000.00
8. FAN 24" 0 4200.00 0.00
9. CHOKE CP 400 1 3710.00 3710.00
10. GEAR BOX (ITALLIAN) BONFIGLIOLI 2 3500.00 7000.00
11. CO2 WELDING TORCH 36KD 0 3250.00 0.00
EXPANSION MODULE FL1B M08B2R2 MAKE
12. ADEC 0 3240.00 0.00
13. PMDC MOTOR 1000 RPM 36 V DC 2 3200.00 6400.00
2 ROLL DRIVE WITH G BOX ( IMPORTED)
14. Geared roller 1 3100.00 3100.00
2 ROLL DRIVE WITH G BOX
15. (IMPORTED) Plain roller 0 3100.00 0.00
16. TIG TORCH GC 20 4 MTR 0 2815.00 0.00
RECTIFIER STACK ASSY
17. ( FITTED WITH DIODES) 0 2755.00 0.00
TIG TORCH SA26 4 MTR WITH ERGO
18. HANDLE 0 2638.00 0.00
PNEUMATIC TIMER WITH 2 BLOCK 230 V
19. BCH MAKE 1 2630.00 2630.00
20. TROLLEY AND COVERS CP 400/T ARC 3 2500.00 7500.00
RECTIFIER STACK ( FOR T ARC 600
21. RECTIFIER 600 AMPS) 1 2400.00 2400.00
22. MAIN SHAFT (DOUBLE) 90MM DIA 0 2300.00 0.00
24. FAN 18" 1 2210.00 2210.00
25. CO2 WELDING TORCH NM24 5 2000.00 10000.00
26. MAIN SHAFT ( SINGLE) 2 2000.00 4000.00
27. F-R-L UNIT1/2" JENITICS MAKE 3 1980.00 5940.00
28. CHOKE CP 300 3 1872.00 5616.00
29. TORCH CABLE 50.0 MM2 3 MTR 36KD 2 1850.00 3700.00
30. H.V. TRANSFORMER 1 1850.00 1850.00
31. BEARING HOUSING (MS) 125*100 2+3 5 1840.00 9200.00
32. SHUNT 1500 AMP 1 1818 1818.00
33. REGULATOR WITH FLOWMETER ARGON 3 1810.00 5430.00
34. CONTACTOR 40 AMPS 0 1797.00 0.00
RECTIFIER STACK
35. ( FOR T ARC 400 RECTIFIER 400 AMPS) 1 1700.00 1700.00
36. PCB ASSY( WIRE FEEDER) 1 1700.00 1700.00
37. RECTFIER STACK (FOR TMIG 400) 0 1700.00 0.00
38. FAN 15" 0 1650.00 0.00
39. PNEUMATIC CYLINDER 63 * 50 MM 3 1600.00 4800.00
40. ROTOSEAL SINGLE INPUT 0 1550.00 0.00
41. MICRO SLIDE ASSY 3 1500.00 4500.00
42. GEAR BOX 37 RPM 2 1500.00 3000.00
43. H.F. COIL 1 1500.00 1500.00
44. GEAR BOX 66 RPM 5 1500.00 1500.00
45. GEAR BOX 100 RPM 1 1500.00 1500.00
46. GEAR BOX 145 RPM 0 1500.00 0.00
PNEUMATIC CYLINDER 100 * 40 MM(Shvo
47. Norgen) 5 1425.00 7125.00
48. PMDC MOTOR 120 W 36 V 5000 RPM MARTIN 7 1350.00 9450.00
49. TORCH CABLE 33.5 MM2 3 MTR NM24 4 1350.00 5400.00
50. SHUNT 1000 AMP 1 1260 1260.00
51. TORCH CABLE 50.0 MM2 2.0 MTR 36KD 1 1250.00 1250.00
CO2 WELDING TORCH M/C MOUNTING
52. NM24,0.75 mtr 0 1250.00 0.00
CONTROL PANEL 480*620*240 WITH INSIDE
53. TRAY 7 1226.00 8582.00
54. ROTARY SWITCH 60319 F6 2 1215.00 2430.00
S.VALVE D COIL 24 V DC SHAVO
55. NORGENJENETICS 5 1200.00 6000.00
56. PNEUMATIC CYLINDER 100 * 40 MM ( dutta) 3 1190.00 3570.00
57. L.T TRANSFORMER 1 1100.00 1100.00
58. RT51 DRIVE UNIT BOX 5 1080.00 5400.00
CO2 WELDING WIRE 0.8 MM 15 KG SPOOLS
59. TATA MAKE 1 1020.00 1020.00
60. SHUNT 800 AMP 1 1000 1000.00
61. POWER SUPPLY UNIT 24 V 2.5 AMPS 8 975.00 7800.00
62. BEARING HOUSING 100MM DIA*125 MM 10 960.00 9600.00
LONG
63. FAN 9" 4 950.00 3800.00
64. S.VALVE S COIL 24 V DC JENETICS 2 950.00 1900.00
65. CONTROL PANEL (SMALL) 1 950.00 950.00
66. TORCH CABLE 50.0 MM2 1.5 MTR 36KD 0 925.00 0.00
67. SHUNT 600 AMP 3 875 2625.00
68. TIG TORCH HEAD GC 20 0 831.30 0.00
69. TIG TORCH HEAD GC 2002 001 2 831.00 1662.00
70. TIMER 800 U 3 750.00 2250.00
TORCH HEAD M/C MOUNTING STRAIGHT
71. HEAD 36KD 3 750.00 2250.00
72. PNEUMATIC CYLINDER PEN TYPE 25*25 3 750.00 2250.00
TORCH HEAD M/C MOUNTING GOOSE
73. NECK 36KD 0 750.00 0.00
74. ROTARY SWITCH 40313F6 2 742.50 1485.00
75. ROTARY SWITCH 60313D 3 726.00 2178.00
EARTHING RING ( GUN METAL)
76. Nitin Industries 2+3 5 725.00 3625.00
77. TORCH CABLE 33.5 MM2 1.5 MTR NM24 1 700.00 700.00
78. GEAR 92 TEETH & 23 TEETH SET 8 670.00 5360.00
79. CONTACTOR 16 AMPS 42 V AC BCH 3 659.00 1977.00
80. CHUCK PLATE 300* 16 MM 12 650.00 7800.00
81. TORCH HEAD 36 KD 8 650.00 5200.00
82. SWIVEL WHEEL 150* 50 WITH BKT 0 630 0.00
83. CONTACTOR 16 AMPS C& S 0 625.00 0.00
84. SWIVEL WHEEL 125* 50 2 609 1218.00
BRUSH HOLDER ASSY WITH OUT BRUSH
85. 20* 40 8 600.00 4800.00
SPECIAL CONTROL X MER (PRI 230V SEC
86. 15V, 12.0-12V 5 600.00 3000.00
87. TORCH CABLE 33.5 MM2 1.25 MTR NM24 0 600.00 0.00
CONTACTOR 20 AMPS 4 POLE 42 VAC C&S
88. MAKE(D204) 10 572.75 5727.50
89. TIG TORCH HEAD SA26 SA26001 0 572.00 0.00
90. BEARING 0 552.00 0.00
TORCH HEAD M/C MOUNTING GOOSE
91. NECK NM24 6 550.00 3300.00
TORCH HEAD M/C MOUNTING STRAIGHT
92. HEAD NM24 2 550.00 1100.00
93. TORCH CABLE 33.5 MM2 1 MTR NM24 0 525.00 0.00
94. DIODE D 305 ( RECTIFIER HOUSE) 0 515.00 0.00
95. FIXED WHEEL 150* 50 WITH BKT 0 504 0.00
96. SOLENOID VALVE 42 V AC 18 502.00
98. BEARING 6010 0 485.00 0.00
99. FIXED WHEEL 300 * 50 4 470 1880.00
100. CONTACTOR 6 AMPS D 15 SERIES 3no+ 1nc 3 469.00 1407.00
101. NOZZLE FOR M750 10 450.00 4500.00
102. FLOWMETER (CO2/AR) WELDCUT 0 420.00 0.00
103. TORCH SWITCH(IMPORTED SINGLE MICRO) 2 415.65 831.30
104. WIRE BOOM CP 400 0 375.00 0.00
105. VOLTMETER 0-60 V 12 370 4440.00
106. VOLTMETER 0-100 V 0 370 0.00
107. PREHEATER BODY 9 363.00 3267.00
108. TORCH HEAD MB25 3 350.00 1050.00
109. MOVING JAWS (SPM FIXTURE YUTAKA) 1 350.00 350.00
110. AMMETER 0-400 A 4 333 1332.00
111. AMMETER 0-1000 A 3 333 999.00
112. AMEETER 0-1500 A 2 333 666.00
113. AMMETER 0-600 A 0 333 0.00
HEAT SINK BIG & SMALL ( 6 NOS/SET) SET
114. 28+36 4 332.76 1331.04
115. 92 TEETH 1 330.00 330.00
117. CONTROL X MER ( WF) 13 300.00 3900.00
118. TORCH HEAD NM24 10 300.00 3000.00
CHOKE BLOCK 63* 63* 180 MM (Duly drilled
119. & tapped) 9 300.00 2700.00
120. PULLEY CARRIER ASSY 3 300.00 900.00
121. FIXED JAWS (SPM FIXTURE YUTAKA) 1 300.00 300.00
122. WIRE BOOM CP 300 9 297.23 2675.07
123. WIRE BOOM CP 222 7 293.34 2053.38
125. SHUNT 400 AMP 13 280 3640.00
PROXIMITY REED SWITCH
126. (FOR CYLINDER MAGNET) 2 275.00 550.00
127. CONTROL PENDENT BIG 7 265.00 1855.00
128. SUBARC CONTROL UNIT WITH COVER 3 260.00 780.00
129. WORM WHEEL 250 RPM 12 250.00 3000.00
130. WORM WHEEL 66/37 RPM 8 250.00 2000.00
131. RELAY PCO 24 V DC 1 242.25 242.25
132. ROTARY SWITCH 4034 ON OFF 1 240.00 240.00
133. BEARING 6009 1 240.00 240.00
RELAY RU2 S CD24 WITH BASE & CLIP
134. 14PIN 11 238.00 2618.00
135. WELDING CABLE 50 MM2 30 235.00 7050.00
136. WIRE BOOM WIRE FEEDER 4 234.66 938.64
137. WIRE BOOM RT 51 0 234.66 0.00
138. CARBON BRUSH 20*40 20 225.00 4500.00
139. BEARING 6007 5 225.00 1125.00
PRESSURE GAUGE(CYLINDER SIDE)
140. P NO5114 6 210.00 1260.00
PRESSURE GAUGE(DELIVERY SIDE)
141. P NO5244 2 210.00 420.00
142. SWIVEL WHEEL 77* 32 10 198 1980.00
143. FIXED WHEEL 150 * 50 20 193 3860.00
RELAY RU2 S CD24 WITH BASE & CLIP 8 PIN
144. ADEC 11 190.00 2090.00
145. BEARING 6006 5 185.00 925.00
BRUSH HOLDER ASSY Without BRUSH(8*10)
146. V TYPE Small 8 180.00 1440.00
148. TORCH HOLDER 38 MM 15 175.00 2625.00
149. WELDING CABLE 35 MM2 0 166.00 0.00
REED SWITCH(CURRENT SENSOR) PLA
150. MAKE 1 165.00 165.00
151. CONTROL PENDENT SMALL 13 162.00 2106.00
152. CARTRIDGE (WITH SEALING RING) 12 159.00 1908.00
153. PCB BLANK WIRE FEEDER 15 158.40 2376.00
154. CONTACTOR AUX CONTACT BLOCK 4NO 9 158.00 1422.00
CONTACTOR AUX CONTACT BLOCK 2NO 2
155. NC 4 158.00 632.00
156. INNER TUBE 4 158.00 632.00
157. TORCH SLIDE MOUNTING BLOCK 30 150.00 4500.00
158. TORCH HOLDER 28 MM 3 150.00 450.00
THYRISTOR 3935 RUTTONSHA
159. (Rectifier house) 50 149.00 7450.00
160. PILOT LAMP (LED) 22.5 DIA 9 141.00 1269.00
161. RELAY 8 PIN 24 V DC 3 140.00 420.00
162. TORCH HANDLE ASSY RED 51 133.00 6783.00
163. NOZZLE 40 KD 6 130.00 780.00
164. BEARING 6004 4 125.00 500.00
165. WIRE LINER RED 16 120.00 1920.00
SELECTOR SWITCH 2 POSITION TECHNIC
166. MAKE 9 119.85 1078.65
SELECTOR SWITCH 3 POSITION TECHNIC
167. MAKE 3 119.85 359.55
168. TUNGSTEN ELECTRODE 3.0/3.2 MM 14 115.00 1610.00
169. PCB BLANK( SPEED CONTROL) 17 111.00 1887.00
170. WIRE LINER YELLOW (1.2-1.6 MM) 17 110.00 1870.00
172. MAIN SHAFT WITH BEARING( PC) 11 110.00 1210.00
173. MAIN SHAFT 4 ROLL 4 110.00 440.00
174. 3 PIN PLUG & SOCKER MS TYPE 10 108 1080.00
175. ROTARY SWITCH 1023 21 104.00 2184.00
TUNGSTEN ELECTRODE 2.4 MM
176. (FOR ALU WELDING) 10 101.00 1010.00
177. THYRISTOR 25NT120 98 100.00 9800.00
178. WIRE FEEDER FRAME 23 100.00 2300.00
179. WIRE FEEDER TRAY 17 100.00 1700.00
180. WORM 66/37 RPM 9 100.00 900.00
181. WORM 250 RPM 5 100.00 500.00
182. L TYPE PIPE 5 100.00 500.00
183. TUNGSTEN ELECTRODE 2.4 MM 12 97.00 1164.00
184. OUTPUT TERMINAL ASSY(WITH KNOB) 41 90 3690.00
185. RELAY BASE WITH CLIP FOR ABOVE 6 90.00 540.00
186. 1 CORE PVC CABLE 16 MM2 3 89.00 267.00
187. OUTER TUBE 4 84.00 336.00
188. TOGGLE SWITCH KT 2061 ON-ON 0 84.00 0.00
189. TOGGLE SWITCH 2065 NO-OFF-NO 0 84.00 0.00
191. BEARING 6202 8 80.00 640.00
192. CORRUGATED BOX CP400 32"*22.5"*29.5" 3 79.00 237.00
193. REEL HOLDER WITH NUT 43 75.00 3225.00
194. NOZZLE 36 KD 25 75.00 1875.00
195. CARBON BRUSH V 8*10 (SMALL) 10 75.00 750.00
196. MAIN SHAFT ( 250 RPM G BOX) 0 75.00 0.00
197. MAIN SHAFT 2 ROLL 0 75.00 0.00
198. LONG CAP GC 20 WG 240 2402 ( WG2402) 1 73.00 73.00
199. OUTPUT BRASS BODY 32 70 2240.00
200. CONTACT TIP 2.0 MM M10 ( FOR M 750) 19 70.00 1330.00
201. WIRE LINER BLUE (LOW COST) 10 70.00 700.00
202. ANTI SPATTER SPRAY 500 ML 0 68.00 0.00
203. 4 CORE PVC CABLE 2.5 MM2 30 66 1980.00
204. RELAY 57DP O/E/N 18 65.00 1170.00
207. CORRUGATED BOX CP300 33*18.5"*24" 13 64.00 832.00
209. CORRUGATED BOX CP 222 30"*17"*22" 9 62.00 558.00
210. PUSH BUTTON ACTUATOR MUSHRUM RED 6 62.00 372.00
211. TRIGGER SWITCH MB25 32 60.00 1920.00
212. RELAY 58 DP OMRON 4 60.00 240.00
213. CORRUGATED BOX W F 21"*13.5"*18" 0 59.50 0.00
214. 3 PIN PLUG PRIYANTRONIX ( TORCH) 6 59 354.00
215. THERMOSTAT 85/70 DEGREE 112 58.00 6496.00
216. COLLET BODY 2.4 SA26 10N32 17 58.00 986.00
218. RUBBER DIPHRAGM 6 58.00 348.00
219. COLLET BODY1.6 SA26 10N31 2 58.00 116.00
220. (FOR ALU WELDING) 10 56.00 560.00
222. 3 PIN RECEPTACLE PRIYANTRONIX (WF/PS) 6 55 330.00
223. ANTISPATTER GEL 300 GM 3 55.00 165.00
224. BAKELITE INS PLATE 1 55.00 55.00
225. PVC CHANNEL 25* 30 0 54.00 0.00
226. LONG CAP SA26 57Y02 0 52.00 0.00
227. NOZZLE MB25 (14) 29 50.00 1450.00
228. NOZZLE MB25 (11) 15 50.00 750.00
229. PVC CHANNEL 25* 25 6 50.00 300.00
230. INSULATING BUSH ( MS) 2 ROLL 20 48.00 960.00
231. TIP ADAPTOR 40 KD 8MM 6 48.00 288.00
232. TOGGLE SWITCH KT 1021 ON-OFF 5 48.00 240.00
233. TOGGLE SWITCH 1031 OFF -ON 0 48.00 0.00
234. SPUR GEAR 2ROLL 70 45.00 3150.00
235. TWIN GROOVED ROLLER ( 2 ROLL) 6 45.00 270.00
236. FUSE HOLDER SLP 15 120 42.00 5040.00
237. SHORT CAP GC20 6 42.00 252.00
238. 4 CORE PVC CABLE 1.5 MM2 116 41 4756.00
239. EYE BOLT 16 MM 30 40.00 1200.00
240. GAS HOSE RUBBER BLUE 8 MM 18 40.00 720.00
241. TUNGSTEN ELECTRODES 1MM 8 39.00 312.00
242. PUSH BUTTON ACTUATOR WHITE 13 38.25 497.25
243. PUSH BUTTON ACTUATOR BLACK 12 38.25 459.00
244. PUSH BUTTON ACTUATOR BLUE 8 38.25 306.00
245. PUSH BUTTON ACTUATOR GREEN 5 38.25 191.25
246. PUSH BUTTON ACTUATOR YELLOW 4 38.25 153.00
247. POTENTIOMETER 5 K 3 W 7 38.00 266.00
248. FINDER SOCKET 4 38.00 152.00
249. TORCH SWITCH KIT NM 24 26 36.00 936.00
250. REEL HOLDER AXLE 15 36.00 540.00
251. NOZZLE NM24 128 35.00 4480.00
252. STUD 10* 415 MM ( 2NOS/SET) 38 35.00 1330.00
253. SWIVEL ELBOW 1/8" BSP 23 35.00 805.00
254. MOTOR MTG BKT 15 35.00 525.00
255. INSULATING BUSH (PC) 2 ROLL 5 35.00 175.00
256. N.O. ELEMENT 39 34.85 1359.15
257. N.C.ELEMENT 10 34.85 348.50
260. PUSH BUTTON PB 800 H GREEN (INCH/OCV) 51 31.00 1581.00
261. 3 CORE PVC CABLE 1.5 MM2 25 31 775.00
262. FUSE HOLDER MF 20 7 31.00 217.00
263. DIODE 16FMR 40 150+15 165 30.56 5042.40
264. NUT ( PREHEATER) 42 30.00 1260.00
265. NIPPLE ( PREHEATER) 27 30.00 810.00
266. PLAIN ROLLER ( 2 ROLL) 7 30.00 210.00
267. INLET NOZZLE 7 30.00 210.00
268. CONTACT TIP 2 .0MM M8 0 30.00 0.00
269. CONTACT TIP 2.8 MM M8 0 30.00 0.00
270. CONTACT TIP 1.2 MM M8 50 29.00 1450.00
271. CONTACT TIP 1.6 MM M8 50 29.00 1450.00
272. PU6 TUBE 20 28.00 560.00
273. COLLET 1.6 MM SA26 10N23 17 27.00 459.00
274. COLLET 2.4 MM SA 26 12 27.00 324.00
275. COLLET 2.0 MM SA 26 9 27.00 243.00
276. COLLET 3.2 MM SA26 3 27.00 81.00
277. COLLET GC 20 2.4 MM 16 26.00 416.00
278. COLLET GC 20 1.6 MM 10 26.00 260.00
279. COLLET GC 20 2.0 MM 6 26.00 156.00
280. COLLET GC 20 3.0/3.2 MM 0 26.00 0.00
281. CARBON BRUSH FOR MARTIN MOTOR 102 25.00 2550.00
282. MALE CONNECTOR 1/8" BSP 23 25.00 575.00
283. DIN RAIL STRIP 5 25.00 125.00
284. 2 CORE PVC CABLE 1.5 MM2 5 24 120.00
287. CERAMIC NOZZLE 2411040 /WG2413 4 22.10 88.40
288. BRASS NIPPLE 3/8" * 1/8" 29 20.00 580.00
289. LED PCB ASSY 22 20.00 440.00
290. WIRE GUIDE 19 20.00 380.00
291. GAS DIFFUSOR 40 KD 14 18.00 252.00
292. C TYPE STRIP 1 18.00 18.00
293. KNOB,POINTER,CAP FOR ABOVE 20,14,40 19 14.00 266.00
294. OUTPUT KNOB 15 14 210.00
BK WASHER AND BUSH
295. (FOR O/P TERMINAL) 0 13 0.00
296. BRASS NUT (GAS HOSE) 125 12.50 1562.5
297. BRASS NIPPLE ( GAS HOSE) 125 12.50 1562.5
298. HOSE CLIP 16 MM (GAS HOSE) 110 12.00 1320.00
299. RC PCB ASSY 23 12.00 276.00
300. ALU PLATE ( CHOKE MTG) 75 10.00 750.00
301. SPANNER ( TORCH) 75 10.00 750.00
302. CONTACT TIP 0.8 MM HD M6 65 10.00 650.00
303. RECTIFER MTG FLAT 26 10.00 260.00
304. CONTACT TIP 1.2 MM M6 H DUTY 26 10.00 260.00
305. RECTIFIER MTG L BKT 25 10.00 250.00
306. HANDLE GRIP 21 10.00 210.00
307. INSULATING CAP ( MS) 2 ROLL 17 10.00 170.00
308. TERMINAL STRIP 4 WAY 10 AMPS 250V 15 10.00 150.00
309. CHOKE MTG ANGLE 14 10.00 140.00
310. DOOR KNOB FOR WIRE FEEDER 4 10.00 40.00
311. BAKELITE STRIP ( INPUT CABLE) 2 10 20.00
312. GAS DIFFUSOR NM24 594 8.00 4752.00
313. TIP ADAPTOR 36 KD 6 MM 50 8.00 400.00
314. GAS DIFFUSOR 36KD 20 8.00 160.00
315. NYLON PAD 13 8.00 104.00
316. TIP ADAPTOR MB25 12 8.00 96.00
317. TIP ADAPTOR 36KD 8 MM 12 8.00 96.00
318. LED 10 MM 5 8.00 40.00
319. TERMINAL STRIP 3 WAY 10 AMPS 250 V 3 8.00 24.00
320. C.S.T 2.5 TERMINAL 107 7.06 754.89
321. L BK SUPPORT ( 6 NOS/SET) 279 7.00 1953.00
322. BOBBIN NO 7 ( 12 NOS/SET) 100 7.00 700.00
323. CAPACITOR 0.1 MFD 630V ( 6 NOS/SET) 60 7.00 420.00
324. MOTOR MTG PAD SHOE 20 6.00 120.00
325. LED HOLDER 0 6.00 0.00
326. CONTACT TIP 0.8 MM LD M6 365 5.90 2153.50
327. CONTACT TIP 1.2 MM M6 LOW DUTY 322 5.90 1899.80
328. 1 CORE 1 MM2 GREEN 300 5.89 1767.00
329. 1 CORE 1 MM2 WHITE 200 5.89 1178.00
330. 1 CORE 1 MM2 GREY 200 5.89 1178.00
331. 1 CORE 1 MM2 RED 150 5.89 883.50
332. 1 CORE 1 MM2 YELLOW 100 5.89 589.00
333. 1 CORE 1 MM2 BLUE 100 5.89 589.00
334. 1 CORE 1 MM2 ORANGE 0 5.89 0.00
335. 1 CORE 1 MM2 BLACK 0 5.89 0.00
336. NOZZLE SPRING MB25 100 5.50 550.00
337. TORCH KIT MB25 950 5.00 4750.00
338. D WASHER 304 5.00 1520.00
339. BK WEDGES ( FOR CHOKE) 165 5.00 825.00
340. NOZZLE CLEANING TOOL 110 5.00 550.00
341. DIODE CLAMP ( 6 NOS/SET) 270 4.00 1080.00
342. TIP ADAPTOR NM24 202 4.00 808.00
343. BOBBIN NO 13( 2 NOS/SET) 60 4.00 240.00
GLASS FUSE 15 AMPS
344. ( SLOW BLOW TYPE) 6* 32 MM 300 3.60 1080.00
345. O RING BIG 182 3.00 546.00
346. SPRING ( BRAKING) 79 3.00 237.00
347. END CLAMP 90 2.75 247.50
GLASS FUSE 4 AMPS ( SLOW BLOW TYPE)
348. 5*20 220 2.40 528.00
349. O RING SMALL 425 2.00 850.00
350. S.V. MOUNTING BUSH 255 2.00 510.00
351. LED PCB BLANK 150 2.00 300.00
352. RC PCB BLANK 108 2.00 216.00
353. END PLATE 79 2.00 158.00
354. NYLON WASHER 16 MM 77 2.00 154.00
355. COTTER PIN 3/16 * 2" 100 1 100.00
356. RIVET ( 12NOS/SET) 300 0.50 150.00
357. FIBRE WASHER 1960 0.30 588.00
358. LUG ( SOLDERING TYPE B5 ) ( 12NOS/SET) 1000 0.10 100.00
359. AFCO TAG ( SOLDERING TYPE) 800 0.10 80.00
360. PORCELAIN BEAD 500 0.10 50.00
361. CORRUGATED BOX ( TIG) 31*15*22 7 PLY 0 0.00 0.00
FACTS OBSERVED DURING PHYSICAL VERIFICATION OF INVENTORY
The following points are also the points as to why the materials have become non moving and
slow moving at TECHNOCRAT ENGINEERS:-
• MISPLACEMENT OF INVENTORY: Many of the items found to be misplaced. Either
the material was placed in appropriate bins &racks or the change of bin was not updated in
the system.
• RETURNED MATERIAL: the returned material from the shop floor is again mixed with
the same stock from which it is issued. No separate treatment is given to the returned
material.
• CRITICAL PURCHASE: Many high value non-stocking items were found in the stores,
which were yet not consumed.
• OBSOLETE, SURPLUS 7 WASTE:
 OBSOLETE: “Those materials and equipment which are not damaged and which
have economic growth but which are no longer useful for company operation owing
to many reasons such as changes in production line, process, design changes etc.
 SURPLUS: “Those materials and equipment which have no immediate use, but have
accumulated due the faulty planning; purchasing and forecasting but they have usage
value in future.”
 SCRAP: “Those materials like process wastage, such as training, boring, flashes they
may have end uses, and they have no market value.”
THUS
OBSOLETE & SURPLUS= SLOW MOVING ITEMS (S) AND
SCRAP=NON MOVING ITEM
LIST OF ITEMS WHICH ARE NON-MOVING (N) AND SLOW MOVING(S)
ITEMS HAVING TOTAL VALUE BETWEEN RS 20,000/- TO RS 1, 00, 000/-
SR.NO. MATERIAL DESCRIPTION STOCK RATE TOTAL TYPE

90000.0
1. CEBORA TIG 1565 IMPORTED 1 90000.00 0 N
42000.0
2. DC.TIG INVERTER UNIT ( SAGAR MAKE) 1 42000.00 0 N
SILENCER FIXTURE(ELEPTICAL) JOB B 20110.0
3. YUTAKA 1 20110.00 0 N
CO2 WELDIN G TORCH RB 61 GD RGZ-2 3 24000.0
4. MTR 2 12000.00 0 N
57750.0
5. DIODE 200 A NAINA 154 375.00 0 N
ROTARY CULINDER SAS-R-32-90 SHAVO 21306.0

1. NORGEN 3 7102.00 0 S
FABRICATED TABLE 1700*1600*2114 20315.0
2. (Yutaka SPM) 1 20315.00 0 S
ITEMS HAVING VALUE BETWEEM Rs.10, 000/- TO RS 20,000/-
SR.NO STOC
. MATERIAL DESCRIPTION K RATE TOTAL TYPE
SILENCER FIXTURE(ELEPTICAL) JOB A 19320.0
1. YUTAKA 1 19320.00 0 N
SLIDE ASSY FOR REFAIR INDUTRIES 13250.0
2. SPM 1 13250.00 0 N
S.VALVE D COIL 24 V DC PATCON 10800.0
3. PNEUMATICS 9 1200.00 0 N
10600.0
4. DIODE 150 A NAINA 40 265.00 0 N
10295.0
5. THYRISTOR MELTRON 3899 71 145.00 0 N
1. BEARING HOUSING (MS) 100*65 10 1840.00 18400.0 S

0
2. 13938.0 13938.0
MAIN TRANSFORMER T ARC 400 1 0 0 S
3. TROLLEY AND COVERS CPSA 1200 11338.0 11338.0
(With Party) 1 0 0 S
4. FABRICATED TABLE 600*600*750 11000.0
(Yutaka SPM) RT52/RT53 2 5500.00 0 S
5. 11700.0
CONTACTOR 80 AMPS 3 3900.00 0 S
6. 11900.0
RT51 TURN TABLE WITH COVER 5 2380.00 0 S
7. MAIN SHAFT (TORCH ROTATION 11400.0
SYSTEM) 6 1900.00 0 S
ITEMS HAVING TOTAL VALUE BETWEEN 0/- TO RS 20, 000/-
SR.NO STOC
. MATERIAL DESCRIPTION K RATE TOTAL TYPE
SLIDE ASSY FOR ELEPTICAL WEDING
1. SPM 1 7970.00 7970.00 N
2. (IMPORTED) 2 4500.00 9000.00 N
3. H.V. TRANSFORMER 1 1850.00 1850.00 N
4. PNEUMATIC CYLINDER 63 * 50 MM 3 1600.00 4800.00 N
5. H.F. COIL 1 1500.00 1500.00 N
6. GEAR BOX 100 RPM 1 1500.00 1500.00 N
PNEUMATIC CYLINDER 100 * 40 MM
7. (Shvo Norgen) 5 1425.00 7125.00 N
S.VALVE D COIL 24 V DC SHAVO
8. NORGENJENETICS 5 1200.00 6000.00 N
9. L.T TRANSFORMER 1 1100.00 1100.00 N
BEARING HOUSING 100MM DIA*125
10. MM LONG 10 960.00 9600.00 N
11. S.VALVE S COIL 24 V DC JENETICS 2 950.00 1900.00 N
TORCH HEAD M/C MOUNTING
12. STRAIGHT HEAD 36KD 3 750.00 2250.00 N
SPECIAL CONTROL X MER
13. (PRI 230V SEC 15V, 12.0-12V 5 600.00 3000.00 N
CONTACTOR 20 AMPS 4 POLE 42 VAC
14. C&S MAKE(D204) 10 572.75 5727.50 N
15. TORCH HEAD MB25 3 350.00 1050.00 N
16. FIXED JAWS (SPM FIXTURE YUTAKA) 1 300.00 300.00 N
17. (FOR ALU WELDING) 10 101.00 1010.00 N
18. TRIGGER SWITCH MB25 32 60.00 1920.00 N
19. TUNGSTEN ELECTRODE 1.6 MM 10 56.00 560.00 N
(FOR ALU WELDING)
20. NOZZLE MB25 (14) 29 50.00 1450.00 N
21. NOZZLE MB25 (11) 15 50.00 750.00 N
22. PVC CHANNEL 25* 25 6 50.00 300.00 N
23. 2 CORE PVC CABLE 1.5 MM2 5 24 120.00 N
24. TIP ADAPTOR MB25 12 8.00 96.00 N
25. NOZZLE SPRING MB25 100 5.50 550.00 N
26. TORCH KIT MB25 950 5.00 4750.00 N
27. O RING BIG 182 3.00 546.00 N

1. BEARING HOUSING (MS) 125*100 5 1840.00 9200.00 S
2. GEAR BOX (ITALLIAN) BONFIGLIOLI 2 3500.00 7000.00 S
3. PMDC MOTOR 1000 RPM 36 V DC 2 3200.00 6400.00 S
4. (IMPORTED) Geared roller 1 3100.00 3100.00 S
PNEUMATIC TIMER WITH 2 BLOCK 230
5. V BCH MAKE 1 2630.00 2630.00 S
RECTIFIER STACK
6. ( FOR T ARC 600 RECTIFIER 600 AMPS) 1 2400.00 2400.00 S
7. FAN 18" 1 2210.00 2210.00 S
8. MAIN SHAFT ( SINGLE) 2 2000.00 4000.00 S
9. SHUNT 1500 AMP 1 1818 1818.00 S
RECTIFIER STACK ( FOR T ARC 400
10. RECTIFIER 400 AMPS) 1 1700.00 1700.00 S
11. SHUNT 1000 AMP 1 1260 1260.00 S
12. TORCH CABLE 50.0 MM2 2.0 MTR 36KD 1 1250.00 1250.00 S
13. ROTARY SWITCH 60319 F6 2 1215.00 2430.00 S
14. RT51 DRIVE UNIT BOX 5 1080.00 5400.00 S
15. SHUNT 800 AMP 1 1000 1000.00 S
16. CONTROL PANEL (SMALL) 1 950.00 950.00 S
17. TIG TORCH HEAD GC 2002 001 2 831.00 1662.00 S
PNEUMATIC CYLINDER PEN TYPE
18. 25*25 3 750.00 2250.00 S
19. ROTARY SWITCH 60313D 3 726.00 2178.00 S
20. TORCH CABLE 33.5 MM2 1.5 MTR NM24 1 700.00 700.00 S
21. CHUCK PLATE 300* 16 MM 12 650.00 7800.00 S
TORCH HEAD M/C MOUNTING
22. STRAIGHT HEAD NM24 2 550.00 1100.00 S
23. SOLENOID VALVE 230 V AC 3 502.00 1506.00 S
24. NOZZLE FOR M750 10 450.00 4500.00 S
25. TORCH SWITCH( IMPORTED SINGLE 2 415.65 831.30 S
MICRO SWITCH)
MOVING JAWS (SPM FIXTURE
26. YUTAKA) 1 350.00 350.00 S
27. AMMETER 0-1000 A 3 333 999.00 S
28. AMEETER 0-1500 A 2 333 666.00 S
29. 10 PIN PLUG PRIYANTRONIX 2 303 606.00 S
30. 10 PIN RECEPTACLE PRIYANTRONIX 3 293 879.00 S
31. SUBARC CONTROL UNIT WITH COVER 3 260.00 780.00 S
32. ROTARY SWITCH 4034 ON OFF 1 240.00 240.00 S
RELAY RU2 S CD24 WITH BASE & CLIP
33. 14PIN 11 238.00 2618.00 S
34. BEARING 6006 5 185.00 925.00 S
35. BRUSH HOLDER ASSY Without BRUSH 8 180.00 1440.00 S
36. LINEAR BEARING LM25UU 3 180.00 540.00 S
REED SWITCH(CURRENT SENSOR) PLA
37. MAKE 1 165.00 165.00 S
38. CONTROL PENDENT SMALL 13 162.00 2106.00 S
39. TORCH HOLDER 28 MM 3 150.00 450.00 S
40. BEARING 6004 4 125.00 500.00 S
SELECTOR SWITCH 3 POSITION
41. TECHNIC MAKE 3 119.85 359.55 S
42. WIRE LINER YELLOW (1.2-1.6 MM) 17 110.00 1870.00 S
43. LINEAR BEARING LM16UU 16 110.00 1760.00 S
44. MAIN SHAFT 4 ROLL 4 110.00 440.00 S
45. 3 PIN PLUG & SOCKER MS TYPE 10 108 1080.00 S
46. L TYPE PIPE 5 100.00 500.00 S
47. 1 CORE PVC CABLE 16 MM2 3 89.00 267.00 S
48. TUNGSTEN ELECTRODES 2.0 MM 9 80.00 720.00 S
49. BEARING 6202 8 80.00 640.00 S
50. CARBON BRUSH V 8*10 (SMALL) 10 75.00 750.00 S
CONTACT TIP 2.0 MM M10
51. (FOR M 750) 19 70.00 1330.00 S
52. RELAY 57DP O/E/N 18 65.00 1170.00 S
53. HEATING ELEMENT 110 V 3 65.00 195.00 S
54. COLLET BODY 2.4 SA26 10N32 17 58.00 986.00 S
55. COLLET BODY1.6 SA26 10N31 2 58.00 116.00 S
56. TUNGSTEN ELECTRODES 1.6 MM 7 56.00 392.00 S
57. TOGGLE SWITCH KT 1021 ON-OFF 5 48.00 240.00 S
58. SHORT CAP GC20 6 42.00 252.00 S
59. TUNGSTEN ELECTRODES 1MM 8 39.00 312.00 S
60. CERAMIC NOZZLE SAP 10 N 48 8 32.00 256.00 S
61. 3 CORE PVC CABLE 1.5 MM2 25 31 775.00 S
62. CONTACT TIP 1.6 MM M8 50 29.00 1450.00 S
63. COLLET 1.6 MM SA26 10N23 17 27.00 459.00 S
64. COLLET 2.4 MM SA 26 12 27.00 324.00 S
65. COLLET 2.0 MM SA 26 9 27.00 243.00 S
66. COLLET 3.2 MM SA26 3 27.00 81.00 S
67. COLLET GC 20 2.4 MM 16 26.00 416.00 S
68. COLLET GC 20 1.6 MM 10 26.00 260.00 S
69. COLLET GC 20 2.0 MM 6 26.00 156.00 S
70. CERAMIC NOZZLE 2461036/WG2463 10 22.10 221.00 S
71. TERMINAL STRIP 3 WAY 10 AMPS 250 V 3 8.00 24.00 S
72. PORCELAIN BEAD 500 0.10 50.00 S
FACTS OBSERVED DURING PHYSICAL VERIFICATION OF INVENTORY
The following points are also the points as to why the materials have become non moving and
slow moving at TECHNOCRAT ENGINEERS:-
• MISPLACEMENT OF INVENTORY: Many of the items found to be misplaced. Either
the material was placed in appropriate bins &racks or the change of bin was not updated in
the system.
• RETURNED MATERIAL: the returned material from the shop floor is again mixed with
the same stock from which it is issued. No separate treatment is given to the returned
material.
• CRITICAL PURCHASE: Many high value non-stocking items were found in the stores,
which were yet not consumed.
• OBSOLETE, SURPLUS 7 WASTE:
 OBSOLETE: “Those materials and equipment which are not damaged and which
have economic growth but which are no longer useful for company operation owing
to many reasons such as changes in production line, process, design changes etc.
 SURPLUS: “Those materials and equipment which have no immediate use, but have
accumulated due the faulty planning; purchasing and forecasting but they have usage
value in future.”
 SCRAP: “Those materials like process wastage, such as training, boring, flashes they
may have end uses, and they have no market value.”
THUS
OBSOLETE & SURPLUS= SLOW MOVING ITEMS (S) AND
SCRAP=NON MOVING ITEM
RECOMMENDATION AND SUGGESTION
The company was recommended to adopt a locking system which is as follows:-
 Security for inventory is a must for every received material.
 Security for GRR(Goods receipt report) is a must
 For any transaction valid and released Purchase Order is required.
 For any excess received material more than Purchase order receipt requires the approval of
the Director-Operations for acceptance.
 The GRR details are to be updated within 5 days in the system or the information is blocked
and manually updated in the stores.
 Suppose stock is under safety level, the required quantity is to be ordered after the approval
from the Director- Operations of the company.
 For critical items emergency stock is maintained in stores and recommended in the system
and used with the approval of the Director-Operations of the company.
 Due to business constraint the item-springs is stored in the stores department for 2 months.
CONCLUSION
By the analysis done above it is sufficiently clear that the twin objectives of inventory management
are to avoid excesses stocking and ensure uninterrupted supply of materials by avoiding shortage. In
addition to the above mentioned techniques, technique of ratio analysis is also very useful. Inventory
turnover ratio, which is calculated for each type of inventory like raw materials finished goods and
work in progress, indicates the holding period of each category of inventory. The higher inventory
turnover ratio the better it is as the holding period of the inventory.
A close watch on the dormant and the slow moving items should also be kept to reduce the
investment in inventory. Similarly absolute items should be identified and eliminated so that
unnecessarily funds are not blocked in these items.
Finally it can be said that the aim should be to optimize investment in inventory by comparing
between cost of funds and rate of return from such investments, in order to maximize value of
inventory.
BIBILOGRAPHY
Financial Management- N.M.VECHLEKAR
Financial Management-P.K.KULKARNI
Materials and Logistics Management- L.C.JHAMB
Operational Management-CHASE & JACOB
Internet sites: WIKIPEDIA

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PROJECT REPORT

“STUDY OF INVENTORY CONTROL

Under the Guidance of

Sr. No. PARTICULARS PAGE NO.

 Calibration of welding equipments as per ISO 9001 requirements.

METHOD OF DATA COLLECTION:

Thus, the functions of material management includes:-

Decisions relating to inventories are taken primarily by executives in production, purchasing

DIFFERENT PERCEPTIONS OF THE “INVENTORY”

ASPECTS OF INVENTORY MANAGEMENT

The aspects of inventory management can be described as follows:-

OBJECTIVES OF INVENTORY MANAGEMENT

BENEFITS OF INVENTORY MANAGEMENT

FACTORS INFLUENCING INVENTORY

COST OF HOLDING INVENTORY:

• Cost of Carrying Inventory:

• Cost of typing-up of funds:

RE- ORDER POINT:

OBSOLETE INVENTOY AND SCRAP:

TECHNIQUES OF INVENTORY MANAGAMENT

McDonalds’s vs. Wendy’s: An Example

GROWING IMPORTANCE OF PURCHASE

2. Escalating cost of stock outs -

3. Higher present day cost of capital-

4. Purchase is not mere act of buying -

5. Changing nature of purchases -

6. Professionalization of material function -

7. Changing concepts of buyer- seller - relationship-

OBJECTIVES OF SCIENTIFIC PURCHASING

FUNCTIONS OF PURCHASE DEPARTMENT

PRINCIPLES OF PURCHASING (5 P’S)

PURCHASE PROCEDURE OF TECHNOCRAT ENGINEERS

• PURCHASE ORDER & AMENDMENT:

• REVIEW OF PURCHASE ORDER:

• RESPONSIBILITY AND APPROVAL:

Sr. No. Description Quantity Per Rate V alue

Purchase Indent I~o,:

Please Puchase the following materials for

Sr. No. Qty. Reqd. WhenR.eqd Stock on Avg. COllSU- P rev io 1 lS ra te

InductedBy Stores Purchase

Material Code No. A.B.C.&Co. Date

Specimen of quotations File No.

offered P. O. NO. &.Date

TYPES OF RAW MATERIAL

c. Finished Goods Stores:

FUNCIONS OF STORES DEPARTMENT

1. Classification and codification of numerous materials by using suitable method of

STORES DOCUMENTS AND RECORDS

STORES ACCOUNTING RECORDS

STORES LEDGER SYSTEM

a. Failure to post a particular transaction

FORMAT OF STORE LEDGER

Bin No: Re-older Level

Unit: Ordering Qty

On:lered Reserved Received

1. CLASSIFICATION ON THE BASIS OF CONVERSION PROCES:

2. CLASSIFICATION ON THE BASIS OF NATURE OF MATERIALS:

3. CLASSIFICATION ON THE BASIS OF USABILITY OF MATERIALS:

• Semi- Finished and Finished Materials -

• Dead Stock Items -

METHODS OF INDENTIFYING MATERIALS

• Engraving- Vibrating marking tools can be used to engrave identification details.

• Colour Coding - Raw materials/rubber parts in different specifications may be identified by