Date: 25.10.

2021

TO WHOMSOEVER IT MAY CONCERN

This is to certify that Mr. Jagadeesh.P S/o. Pitchaimuthu , Studying in BBA - KGISL has under
gone internship training in our office for the last 30 days. During this training he had exposure
to accounting principles general administration and inventory management.

For Sathya

coatings Private

Limited

Authorised

Signatory
1. INTRODUCTION TO INDUSTRY
 2. INTRODUCTION TO COMPANY

Paints industry comprises companies that manufacture paints, varnishes, enamels, coating, solvents,
binders, shellacs, water repellant coatings, and lacquers. The paint manufacturing industry
worldwide is growing and the emerging markets seem promising and have a better and greater
potential in terms of revenue and expansion. The paints industry has emerged as one of the
pioneering Industry in architectural, property and real estate space for the integral and important part
it plays in finishing up of a product. The paint industry is predicted to grow at approximately 13%
annually over the five year period and financial year 2012 was a challenging year for the industry
due to subdued demand across key sectors and rising costs and inflation. The unorganized sector
controls approximately 35% of the paint industry market and the organized sector accounts for the
remaining percentage.

The paint manufacturing industry in China is growing at a rapid pace and from 2008 and 2018
prediction is estimated to grow to the value and the rise in industry value is expected to grow by 11%
approximately annually. However, the last three years have been challenging as many new laws and
regulations were issued and also people's awareness of environmental protection increased. The
critical factors such as these led to the increase the demand of better quality, thus it lead to
technological innovation and new products.

The demand in paints industry is categorized and differentiated by two main sectors, decorative and
industrial. Decorative sector's main main revenue generation includes the revenue collected from
supply of paints for exterior and interior wall paints, wood finishes, enamel and ancillary products
such as primers and putties, Decorative paints account for more than 78% approximately of overall
paint market in India. One such player is Asian Paints who has been in this segment with strong
foothold. Basically, decorative painting's demand comes from household, architectural and other
display purposes. In India especially, the painting industry flourishes during the festive season and it
is considered the most important and significant time for paint industries to gain as many customers
as possible. The other sector is Industrial, in which there are three main segments that the industry
caters to, namely, automotive, coating, powder coating and protective coating. Nerolac is the market
leader in India in this segment and this Industrial paints segment is more technology intensive than
the decorative segment.
The paints industry's demand is mainly driven by the industrial production and the housing market,
which is decorative segment. The margin and profitability of individual companies has depended
upon technological expertise and efficient production, be it large or small companies, they have
competed successfully by offering wide varieties, innovative and creative designs, different textures
and service. The paints industry is highly concentrated as the top 50 companies account for over
80% of the market share.

According to Freedonia, the global paints and coating demand is expected to witness over 5% of
growth to reach the production and supply of 46 metric tons by the end of 2015 with the revenue
generated worth $142 billion. At the same time, market expansion will be fueled by the increased
activity pf global building construction, and especially residential construction in particular which
witnesses strong recover in Europe and North America. Along with that, there is the increased
manufacturing activity that has equally lead to greater demand for coatings and different types of
coating for various purposes and it has increased the production of paints for automotive and other
industrial maintenance applications as well.
3. ORGANISATION CHART
 4. FUNCTIONS OF VARIOUS DEPARTMENTS

DEPARTMENTS

 Operations
 Quality Assurance
 Training
 Human Resource
 Information Technology
 Administration

4.1 Operations

- Operations management (OM) is the business function responsible for managing the
process of creation of goods and services.
- The operations department begins with director operations.
- The operations manager will usually decide how much time is spent to train agents
and management team.
- Their direct responsibilities include managing both the operations process, planning,
control, performance improvement, and operations strategy.

Hierarchy for Operations

Director
Operations

Shift
Manager
Campaign
Manager
Supervi
sor
Team Captain

Quality
manag
er
2. Quality Assurance

- Quality assurance ensure customers are receiving the best possible experience
when the choose our product.
- They make sure customers are receiving the product and related with respect.
- Quality assurance is also a great way to reduce costs, quality is very important
whatever the product may be its is mandatory

Hierarchy for Quality Assurance

QA Manager

QA Monitor QA check
3. Training

- Training is an important for running a quality company; as contact centre agents

will not appropriately represent a company without it.
- Training Manager works with Human Resources and supervisors to identify training
requirements and develops plans for training new and existing employees.
- Trainers train new trainees on how the job is done, the policies and procedures,
expectations of the company and how to successfully provide excellent product.

Hierarchy for Training

Director
Training
&Development

Training
Manager

auditor
Sales Process
Trainer Trainer
4. Human Resource (HR)

- Human Resource Manager will lead and direct the routine functions of the Human
Resources (HR) department including hiring and interviewing staff, administering pay,
benefits, and leave, and enforcing company policies and practices.
- HR Department provides large and small companies with support when particular
objectives have to be met within a particular time frame.
- HR handles: Contracts of employments, recruitments, discipline and grievance,
payroll, absence management, psychometric assessment etc.

Hierarchy for Human Resource (HR)

Director HR

Manager HR

Assistant Manager Assistant HR

HR Trainer

HR Executive Training Executive

What are inventory reports? 

An inventory report is a summary of current inventory in stock. Inventory reports can include
numbers representing total inventory, best-sellers, and other information about products. A good
inventory report provides an account of inventory items so businesses know what they are able to
sell, and what needs to be ordered. Inventory reports can be physical or digital, and can help avoid
stockout and overstocking.

Why is inventory reporting important?

Maintaining the right amount of inventory is vital to the success of manufacturing, wholesale, and
retail businesses alike. With proper inventory reporting, companies can leverage a number of
advantages, including better inventory planning, transparent inventory tracking, and organized
inventory categorization — all of which helps ensure profitable growth.
Better inventory planning

Since inventory reports are centered around your existing inventory levels, they’re basically a
measure of how much capital you have tied up in your various products and barcodes. That’s why
using inventory data from these reports is an excellent asset to your inventory planning. In fact,
inventory reporting metrics offer the in-depth insights businesses need to upgrade their reorder
points, forecasting,

budgeting, and more.

Transparent inventory tracking 

Inventory reports monitor the biggest, most important component of your product-based business:
your inventory. And thanks to this reporting’s transparent inventory tracking, retailers can readily
guarantee in-stock products and on-time deliveries. Likewise, clear and consistent tracking supports
greater inventory control, and identifies sales trends and patterns to help you make more precise
forecasting decisions. 

Organized inventory categorization 

Organization is equally essential for a well-oiled supply chain and optimized inventory management.
Fortunately, inventory reporting can assist brands with organized inventory categorization, by
segmenting products per their value, demand, carrying costs, and so on. With these categories in
place, businesses can determine which SKUs are most popular or profitable, and which can be cut
from their catalog.

One of the most overlooked best practices for inventory reporting is to pick a time frame and commit
to sticking with it. This point is crucial, because if you fail to pull all metrics within the same time
frame, you’ll wind up with a wide array of discrepancies. How often you refresh your reports is up to
you — but if you have a fairly high sales volume, you’ll probably want to update more often (since
this data can change quite rapidly).
10 types of inventory management reports to grow your businessInventory management reports
distill useful details about how many stock items are available, if any items have low stock levels,
which items are selling the fastest, which categories are performing the best, and other pertinent info
on the status and performance of your inventory. The following are the ten types of reports you’ll
find in Skubana, and the significance each has for growing your brand.
1. Inventory performance report

Inventory performance reports include specifics on your top sellers, worst sellers, and year-over-year
growth. Understanding which products are selling well and which are hanging out on your shelves
can shed light on the volume of units/raw materials you need to reorder or replenish. In addition,
paying attention to YOY growth reveals whether your brand’s financial performance is improving,
worsening, or remaining static — which can then help you make adjustments or improvements to
your supply chain (as needed).

2. Inventory profitability report 

Tracking your inventory profitability happens in three parts: (1) SKU profitability, (2) listing
profitability, and (3) trending profitability. Reports on SKU profitability are considered the ‘holy
grail’ of ecommerce data, because they indicate the true profit each SKU generates. Listing
profitability, on the other hand, looks at your SKU’s performance data by both gross and unit
margins, as well as implied shares per sales channel. Lastly, trending reports show your profitability
over a designated period of time.

Using these product analytics can get your brand on the fast track toward cutting costs,
eliminating deadstock, and increasing profits by promoting higher-performing items.

3. Inventory value report 

Inventory analytics are important for keeping an account of your purchasing decisions, so you can
properly manage cash flow tied to inventory value. More specifically, a snapshot value report shows
you the total value of all your products at individual warehouses (and even compares the volume of
inventory at each location). Next, trending value reports break down data points within that same
total value for all your products stored in individual warehouses. 

Finally, an inventory value report highlights a product’s performance by how much it’s worth, its
sitting age, and its inventory turnover ratio per warehouse (or collectively).
5. Stock levels report 
The benefit to a stock report is really twofold; these calculations can track critical levels, and
establish replenishment alerts, as well. Critical levels disclose the sales velocity and estimated
stockout dates for all your products, while replenishment alerts give a rundown of the type of
inventory in need of restocking at inventory dependent warehouses. Each of these elements is
integral to your ongoing purchasing decisions, and can help safeguard your revenue stream so
your bottom line stays where you want it.
5. Inventory forecasting report

The aim of an inventory forecasting report is to calculate the inventory needed to fulfill future
customer orders, based on how much product you expect to sell within a set time frame. These
estimates encompass your historic sales data, planned promotions, and known external forces to
develop the most accurate predictions possible. Additionally, businesses who partner with Skubana
also have access to Fulfilled by Amazon forecasting, which offers a full suite report per FBA
warehouse so FBA sellers can enjoy even greater inventory analysis. 

6. Sales report 

If you want to gain more visibility into your cash balances and streamline your accounting processes,
a holistic sales report can help you do exactly that. With the backing of a sales report, brands can
dive into an entire accounting summary for each individual sales channel — from incomes and
discounts to refunds and taxes. A strong report will not only break sales down into different date
ranges and categories of goods, but it’ll also support you in uncovering trends, pinpointing top
customers, and improving your forecasting efforts.

7. Cost of goods sold (COGS) report 

Cost of goods sold is a very meaningful metric, as understanding your company’s COGS can help in
appraising your bottom line. What’s more, a COGS report can facilitate setting the right price for
your products, managing your yearly (or quarterly) taxes, and spotting unforeseen opportunities for
growth. And with a firm grasp on your cost of goods sold, you’ll know the true financial health of
your business, meaning you can decide whether you need to invest more in your operations or
revamp the way you manage your inventory.
8. Purchase order report

Just because you have inventory sitting on your shelves or leaving your warehouse doesn’t mean you
can sit back and relax; it’s still necessary to manage and track inventory that’s incoming,
too. Purchase order reports deliver insights into your purchase order activity, which you can use to
monitor transactional details and fluctuating product trends. In other words, a PO report gives you
the ability to track what inventory stock is coming in and when it will arrive at your warehouse.
From there, you can make space for new products, plan ahead on your order fulfillment, and prevent
needless overstocking events.

9. Shipment trends report 

Prioritizing order analytics is a great way for your business to secure a balanced cross-channel
selling strategy, and create operational strategies based on true order data at the same time. Shipment
trends reporting in particular gives you an inside look into the shipping trends and warehouse
performance for every one of your sales channels. With this information, you can evaluate your
warehouse’s efficiency via each shipping carrier, and then quickly detect any pain points or areas in
need of improvement.

10. Customer analytics report 

Relying on customer analytics reports makes tremendous sense for product-based brands, since these
findings can assist with building a loyal customer base and finding the right approach to acquiring
new customers. Within customer analytics reporting, companies can gain awareness around the
lifetime value of returning customers, the biggest spenders and/or highest order value customers, and
the most frequent (and most recent) customers to boot. 
6. Administration

- Administration works to meet the organization’s goals.

- Planning: Deciding in advance what to do, how to do it, when to do it and who
should do it.
- Organizing: Involves identifying responsibilities to be performed, grouping
responsibilities into departments or division.
- Staffing: Means filling job positions with the right people at the right time.
- Directing: Is leading people in a manner that achieves the goals of the organization.
Directing requires interpersonal skills and ability to motivate people.
- Controlling: It is the function that evaluates quality in all areas and
detects potential or actual deviations from the organization’s plan.
- Budgeting: Begins with the implementation of a budget plan.

Hierarchy for Administration

Director Admin

Manager Admin

Admin Executive Assistant Manager

Admin
Hierarchy for Administration

director admin

Admin Executive
Manager Admin

Admin Executive Assistant Manager

Admin

Front Desk
Receptionist
Front Desk
COMPANY PROFILE

Company Name : sathya groups

Legal status : Partnership

Year of establishment :

Managing Directors :

Address :

Phone Number :

E-mail :

Initial Capital :

No. of Workers

Nature of Business :

CIN No. :
 CONCLUSION
In a nutshell, this internship has been an excellent and rewarding experience. I can conclude that my
understanding of the job environment has increased greatly. However, I do think that there are some aspects
of the job that I could have done better and that I need a work on. Also, the technical aspect of the work I’ve
done are not flawless and could be improved provided enough time