SUMMER INTERSHIP PROJECT REPORT

ON
MODUFURN ENTERPRISE P.TLD

Prepared By
Thakur Utsav (240)
Vaghasiya Smit (247)
Dodiya Rahul (265)

Guided By
Dr. Herpreet Kaur
 General Information

• Company name : Modufurn Enterprise P.Ltd

• Address : Modufurn Enterprise P.Ltd
B-54, Balaji Industrial Estate-2,
Opp. Surya Plaza, Near Gandhi Kutir,
Bhatar, Surat, Gujarat.
• Firm of organisation : Private.ltd
• Founder of organisation : Mr. MahipalBhai Mistry
• Chairman : Mr. MahipalBhai Mistry
• Website : www.Modufurn.in
 Brief History

• Mr. Mahipal Mangilal Mistry, the name of the original owner established
Modufurn Enterprise P.Ltd In the year of 2013. The company is presently in the
hands of Mahipal Mistry, for the past 7 years.

• The company was acquired by the in 2013, by Mahipal Mangilal Mistry of the
Mistry family. This Company Make All Types of Furniture Then gradually
company extend its operations including new product like Kitchen, Hotel, Bed,
Office Furniture etc.
 Marketing Department
• List of Products
• Exchange Process
• 7Ps of Marketing
1. Product
2. Place
3. Price
4. Promotion
5. People
6. Process
7. Physical Evidence
 Marketing Department
• Marketing Information System:
1. Digital Surveys
• Consumer Preference
• Brand Loyalty
• Target Customers
Step – 1 Understand Who’s Buying Your Furniture and Meet Them Where They are
Step – 2 Make Your Website as Gorgeous as Your Furniture
Step – 3 Close (More) Furniture Sales
Step – 4 Manage Your Furniture Business, Not a Furniture Database
 Marketing Department
• Consumer Buying Behaviour
• Market Segments:
• Product Life - cycle:
• Distribution Strategies
1. Direct Distribution
2. Indirect Distribution:
3. Intensive Distribution:
4. Exclusive Distribution:
5.Selective Distribution:
• Advertising Strategies
 Finance Department
• Financial Information
1. Revenue budgeting
2. Working capital management
3. Working capital cycle
4. Fund Flow Statement
• P&L Account
• 3.3 Financial Statement
• Balance Sheet
• Common income size Statement
• Comparative income Statement
 Finance Department
• Trade Analysis
• Ratio Analysis
1. Gross Profit
2. Gross Profit Ratio
3. Net Profit Ratio
4. Return on Capital Employed Ratio
5. Liquid Ratio
6. Acid Test Ratio
7. Proprietary Ratio
8. Return on Share Holder’s Fund Operating Ratio
9. Stock Turnover
10. Current Ratio
 Human Resource Department
• Recruitment procedure
1. Recruitment through agencies or Online
2. Processing of applications
3. Interview
4. Salary Offer
5. Application Forms
6. Appointment letter
• Selection procedure
1. Primary Interview
2. Reference check
3. Fixed Wages
4. Appointment
 Human Resource Department

• No of employees
• Attendance maintenance
• Training Given
• Leave Rule
• Employee safety mechanism
• Promotion transfer rules
• Transfer policy
• Specific HR Policies
 Human Resource Department

• Performance appraisal
• Set Organisational Goals
• Defining Performance Targets
• Performance Reviews
• Feedback

• Wages & Salary administration

 Production Department

• Introduction
• Organization Structure
1. General Manager
2. Production Manager
3. Officer
4. Peon
 Production Department

• Process Flow of Furniture Manufacturing Process

1. Receiving of Timber
2. Timber Cutting & Molding:
3. Component Fabrication
4. Assembly Operation
5. Finishing and Packing
6. Delivery
• Machines
1. Auto Panel Saw or Beam Saw:
2. CNC Router Machine
3. Profile Edge Bender ETC…
 Purchase Department
• Introduction
• Organization Structure
• Function of Purchase Department
• Purchase Procedure
1. Estimating the requirement
2. Placing the order
3. Shipment by the company
4. Receiving the order
5. Storage of material
• Vender Selection
 Safety Department
• Introduction
• Organization Structure
• Employee safety mechanism
• Noise level safety
• Wood dust safety
• Noise level safety
1. Noise Control Solutions
2. Tooling
3. Saws
4. Materials