PROJECT REPORT

ON
INVENTORY MANAGEMENT

Ramandeep
MBA – 3rd Sem.
Roll No 890829
 INRODUCTION

•The existence of GNA came into being in 1946, in a small

village called Bundala in District Jalandhar of Punjab.

•Founded with a modest beginning by Late Mr. Amar Singh Ji

and nourished by his sons Mr. Rachhpal Singh and Mr.
Gursaran Singh, with the artistic creativity that was gifted to the
next generation by tradition.

•GNA is now boosted and taken care by the third generation Mr.
Jasvinder Singh, Mr. Maninder Singh, Mr. Ranbir Singh and Mr.
Gurdeep Singh.

•Today GNA group has created an important place for itself in

Indian as well as Global Automotive Industry.
GNA Group

GNA Axles Ltd.

GNA Duraparts Pvt. Ltd.
GNA Udyog Ltd.
GNA Axles Ltd.

GNA Axles Ltd. has a large variety of Axle Shafts ranging

from 1.5kg to 150kg, producing more than 2 million Axle
Shafts annually. Their long-standing global presence is
owed to experience in the development and
manufacture of Real Axle Shafts.
GNA Duraparts Pvt. Ltd.

GNA Duraparts is equipped with world-class resources

and expertise to manufacture a vast range of gears,
gear boxes and allied products for a variety of
automobile applications.
GNA Udyog Ltd.

GNA Udyog is equipped with world-class resources and

expertise to manufacture a vast range of propeller
shafts assemblies, steering column assemblies and
allied products for a variety of automobile applications.
Product Range

Propeller Shaft Assemblies

Steering column Assemblies
Intermediate Drive Shaft Assemblies
Tie Rod
Front Axle Assemblies & Components
Pitman Arm
Off Highway Products
VISION
To become a highly growth oriented company based on strong
business fundamentals
 

MISSION
To become the numero uno in machined forgings in the world
Propeller Shaft
Steering Column Assemblies
Intermediate Drive
Shaft
Tie Rod
Pitman Arm
Milestone
 Awards

Mr. Jagdish Singh CMD, Receiving Mr. Jagdish Singh CMD, Being Mr. Jagdish Singh CMD, Receiving
ACMA Export Excellence Award Recognisize ACMA Export Excellence Award
From Mr. Rajiv Bajaj MD Bajaj Auto FTY Business Sphere-Business Man of the From Mr. Y. Deveshwar Chairman ITC
2006-07 Year FTY 2005-06
Manufacturing Facilities
Forging
Heat Treatment and Induction
Process Of Pivot Pins
Machining
Assembly
Tool Room
Forging
Heat Treatment and Induction
Process of Pivot Pins
Machining
Propeller Shaft Assembly
 Customers of GNA
Ashok Leyland Limited (Heavy
Commercial Vehicles)

Tata Motors Ltd ( Medium & Heavy

Commercial Vehicles)

Swaraj Mazda Limited (Light

Commercial Vehicles)

Maruti Udyog Limited ( Passenger

Vans/MUV?s)

Mahindra & Mahindra Limited

(MUV?s)

New Holland India

JCB

Same International (Tractors)

Escorts (Tractors)

ITL (Tractors)

Terex (Earthmoving Vehicle)

Carraro India Limited

Punjab Tractors Limited

TMA, USA

Indo Farm Tractors Limited

Force Motors

TAFE Tractors

Standard Combine

John Deere

Renault

CLAAS
Corporate Social Responsibility

GNA firmly believes that growth does not happen in

isolation. They are of the view that opportunities for
education and technical up gradation of their youth
must be created locally. At GNA-IMT, what they have
built is an instrument for knowledge sharing.
INVENTORY MANAGEMENT

WHAT IS INVENTORY?
Inventory is defined as a stock or store of
goods. These goods are maintained at or near a
business’s location so that the firm may meet
demand and fulfill its reason for existence. If the
firm is a manufacturer, it must maintain some
inventory of raw material and work-in-process in
order to keep the factory running. In addition, it
must maintain some supply of finished goods in
order to meet demand.
WHY KEEP INVENTORY?

Meet demand
Keep operations running
Lead time
Hedge
Quality discount
Smoothing requirements
Controlling inventory