A study on inventory management at the bulk activities division of Dr. Reddy’s Laboratories Ltd

Type :

Indian project

Pages :

44 pages

Format :

.doc

Published date :

03/05/2009

Category :

Business & market

Sub category :

Marketing

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Summary :

Introduction.
1. Objectives of the study.
2. Need for the study.
3. Methodology.
4. Scope of the study.
5. Limitations.
Company profile.
Inventory management.
1. Introduction.
2. Types and classification of inventory.
3. Need for inventory control.
4. Valuation of the inventories.
5. Purchase and stores procedure.
6. Issue pricing methods.
7. Techniques of inventory management.
8. ABC analysis.
9. Economic order quantity.
10. VED analysis.
11. The re-order level.
12. Safety stock.
13. Just-in-time inventory.
Findings.
Recommendations.
Bibliography.
Graphs included.

Abstract

Materials are equivalent to cash and they make up an important part of the total cost. It is essential that materials should be properly safeguarded and correctly accounted for. Proper control over material can make a substantial contribution to the efficiency of a business. The success of a business concern largely depends upon efficient purchasing, storage, consumption and accounting.

bulk Drugs is the back bone of Pharmaceutical industry and inventory plays a vital role in bulk drug industry hence the study of inventory management in bulk Actives division of Dr reddy has been selected for the project.

The data has been gathered through interaction and discussions with the executives working in the division. Some important information has been gathered through a couple of unstructured interviews of executives.

This study provides an insight into the management of High Value items and also draws the attention of the management towards movement of 'A' class items over period of 4 years.