Internship

Presentation
RATNAKALA • Internship Guide :
EXPORTS PVT.     Dr. Zakir Patel
LTD.
    Internship Duration :
PRESENTED BY :-     6 weeks (20th April 2023 to 31st May 2023)
Suvariya Mansi M.      
Bopaliya Tiya P.          College                          Internship Company                   
 
 1. Introduction

 CONTE 2. Marketing Department

NT
3. Production Department

4. Finance Department

5. Human Resource Department

 Introduction
Information About Company
Name Of the Company RATNAKALA EXPORTS PVT. LTD.
Owner Mr. Ranchhod Detroja
Established 2nd June 2009
Registration Office Mumbai
Location Surat, Navsari
Transaction Bank YES Bank
Address Anand Nagar, Shantadevi Road, Navsari - 396445

Import Country South Africa

Export Country USA, China, Dubai, Australia, Belgium, Hong Kong, Israel, Europe
 Meaning Of
Marketing
• Activities a company undertakes
to promote the buying or selling
of a product or service.
 Marketing
Head Office
Manager (Mr.
(Mumbai)
Organizatio Mahesh Detroja)

n Structure
of
Marketing Staff Sales Executive
Types Of
Diamond
There are mainly two types
of Diamonds.

    I)  Rough Diamonds

    II) Polished Diamonds
Classification Of
Diamonds
There is no classification for Rough
Diamonds but Polished Diamonds
can be classified in two ways:

     I)  Color wise 

     II) Cut wise
Color wise
Classification
 Pink
 Red
 White
 Yellow
 Blue
 Green
 Orange
Cut wise
Classification
 Round
 Ambron
 Princess
 Aad Biker
 Pan Cut
 Heart Shaped
Features of
Products 

The main characteristics

of diamond is known as
4Cs of diamond.

    - CUT
    - COLOR
    - CLARITY
    - CARAT
Sales Procedure 

01 02 03 04 05
Customer Getting sales Deliver Sales invoice Receiving
requirement by order Diamonds Payment
person meeting/
phone/ mail.
4Ps of Marketing

Product:- Diamond weight up to ‘5 carat’ & purity is up to “IF to SI”.

Price:- Price of Diamond is decided based on the “Rapaport report”.

Place:- Available all the time & all the place.

Promotion:- The Marketing Manager remains in touch with the customers and

maintains smooth relations with customers.
Details of the Competitors 
• RATNAKALA EXPORTS has been engaged in since 2009.
• It deals with polished diamonds up to “18 cent”.
• 8 Companies produce diamonds of same size.
• The names of the Competitors are given below;
- J. B. Diamonds
- Samkit Diamonds
Meaning of Production
Production Management deals with converting raw
materials into finished goods or products.
Production
Process
1. Rough Assorting
2. Planning
3. Cleaving & Sawing
4. Boiling
5. Assorting
6. Bruting
7. Polishing
Material Handling
Equipments
• Tray
• Tongs
• Packet
• Polythene pouch with zip
• Elevator
• Small bowl
• Electric Heater
• Courier
 1. Material Request

2. Purchase Order

Material Received 3. Material Received

procedure 4. Checking

5. Store

6. Computer Entry
Documents of
Purchasing
• Application form
• Performa invoice of supplier
• License of import
Quality Control
Guidelines
• Purchase high quality of rough It
should be easily assorted
• Rejection should be as low as
possible
• Maximum weight and best purity
should be achieved
Meaning Of Finance 

 Finance may be defined as the

art or science of Management or
Managing money it includes
financial services & financial
management.
"Finance is considered as the LIFE
BLOOD of an organization."
Organization Structure Of Finance

FINANCE MANAGER (MR. CHARTERED ASSISTANT MANAGER

PARESH KAHAR) ACCOUNTANT
 Revenue Budgeting
Receipts
• Receivable on cash sale of
goods.
• Amount receivable
from customer or client.
• Other Business receipt
like commission, income from
investment, etc.
Payments
• Payments of material supplied.
• Payment of wages.
• Payment of overheads.
• Other payment like interest on
loans, income tax, etc. 
Classification
Of Different
Cost
 Raw Material Cost
 Factory Cost
 Production Cost
Raw Material Cost

• Local 
• Import
Factory Cost  •
•
Factory Labour
Power and fuel expense
• Powder expense
• Repair and Maintenance
Production Cost
• Account Charge
• Assortment Charge
• Electricity expense
• Import insurance expenses
• Foreign travelling expenses
• Excise duty
• Stationary expense
• Maintenance charge
• Salary
• Telephone expense
• Insurance
• Sequrity service expense
• Loan interest
• Other expenses
Internal Audit
Policies 
• The accounts have been
prepared on historical cost basis
ignoring changes.
• Diamonds are valued at cost on
specific identification on the
basis of FIFO method.
• Polished diamonds are valued at
estimated cost.
Financial Control
Policy 
• Stock and debtors: daily reporting.
• Cash and bank balance: checked
daily.
• Sales and profit: checked on
monthly basis.
• Other expenses are checked
annually.
Accounting Policies
• Basis of preparation of financial statements.
• Fixed Asset
• Depreciation
• Investment
• Revenue recognition
• Borrowing cost
• Foreign currency transaction
 Inventory Valuation Method 
RATNAKALA DIAMOND use FIFO method, which is known as first in first out.
  Human Resource Management is simple words  stands for managing
Meaning of the employees of an organization.
 It is the process of putting rights people to the right task thereby
Human Resource making maximum use of the employees talent and abilities to
achieve the desired goals and objective. 
 Organization
CHAIRMAN H.R.MANAGER
(Mr. Ranchhod (Mr. Kiran
structure Of
Detroja) Bathe) Human
Resource
Human Resource Planning 
1. Clarification Objectives:- 
• The make maximum use of available
human resource.
• To increase the labour productivity.
• To maintain the work force
consistent with technological
development and modernization.
• To reduce the surplus human
resource.
2. Estimating the future Requirement of
human resource:-
• There are mainly two types of methods
     - Work load analysis method
     - Work force analysis method

3. Collective of information Regarding

Present Human Resource:-
• Method of collecting the information
Regarding the present Human Resource;
     - Man power inventory
     - Skill inventory
     - Human Resource Audit
4. Determine the Job Requirement

5. Estimating Human Resource Supply:-

     - Internal Source
     - External Source

6. Implementation of Human Resource

Planning
Requirement Process

Get the requisition Identifying the

for recruitment of Locating the source employee whose
employees from any of manpower. character match
department. with the job.

Give them
Encourage them to
information about
apply for job in the
organization and
firm.
job.
Documents for
Recruitment Selection

• Application blank
• Wages structure
• Appointment letter
• Agreement between company
and employee
Recruitment
Sources
1. Internal Sources
  Employee References
  Past Employees
  Transfer
  Promotion

2.   External Sources

 Gate Hiring
 Salary structure

Employees Salary Level (Rs. Per month)

Departmental Manager 30,000 – 35,000
Signer 17,000 – 25,000
Assorter 15,000 – 25,000
Sawing Staff 16,000 – 19,000
Computer Operator 10,000 – 16,000
Security Staff 3,000 – 4,000
Peons 2,500 – 3,000
Cleaning Staff 2,700 – 4,000