Bansal Plastic

Project Report on

New Bansal Plastic

Contents

1. Background of Organization 3

Products of Organization 3

Equipment's and Components 3

Adherence to Quality 3

Brands and Geography 3

2. History, Products and Operations 4

History 4

Products 4

Operations 5

3. Process Operations Flow Chart 6

Processing from Raw to Semi Finished Stage: For PVC Finish 6

Processing from Raw to Semi Finished Stage: For PU Finish 7

Dyed crust to finishing 8

4. Initial Data / Information 10

Other Data Available 10

Conclusion from Initial data 12

5. Existing Cost Sheet 13

6. Critical Analysis of existing Cost System 14

Cost System in more detail 14

Observations from Cost System 15

1. Background of Organization

New Bansal Plastic is footwear manufacturing company primarily engaged in producing low end plastic footwear catering to low income group.

This firm was established by Mr. Ram Niwas Bansal in year 1996 at the industrial area of Jahangirpuri which is located in the northern part of Delhi and connected to bypass Delhi-Chandigarh

Products of Organization

New Bansal Plastic is one of the leading manufacturers and exporters of Footwear primarily shoes. Since its inception, the company has been successful in cornering a major share of the market with its range of quality products, competitive prices, and timely deliveries.

Equipment's and Components

Boasting of a state of the art production unit that is well equipped with all the latest machinery and equipment and well supported by a team of experienced and dedicated workforce, the company manufactures a wide range of footwear that is thoroughly checked and adheres to the pre-defined quality standards by government of India.

Adherence to Quality

Thanks to the company's emphasis on quality, on time delivery of goods and the competitive prices of their products, New Bansal Plastic range of footwear are very much sought out by the end user in Southern Part of India.

Brands and Geography

New Bansal Plastic primarily caters to the southern part of India mainly Andhra Pradesh, Tamil Nadu, Karnataka and Kerala which is their main exporting geography. They have a leading brand called "EVO" and "BRUNO" for footwear mainly slippers, shoes meant for all weather.

2. History, Products and Operations

History

This Company was established in year 1996 by Mr. Ram Niwas Bansal who started with a seed capital of 1 Lac Rs/- which he borrowed from his father.

His main vision was to become a pioneer in the footwear segment which caters to the low income group with the quality that is at par excellence as well as sees all season of the year. The main reason behind this is because India's prime contribution comes from agriculture and it employs labor which always works in muddy water or rainy season. A footwear has to stand all this and provide the reliability for at least a year or two. Anything less can't be considered successful in this market segment.

Products

Initially Mr. Bansal preferred to produce only PVC footwear e.g. slippers and shoes primarily made of plastic. Gradually he started making further advanced PU based footwear for the market which provides the better finish product to the end user.

They primarily have two brands namely EVO and BRUNO which spans all the footwear types.

Operations

This company was started with only 2 employees in 1996.Now they employ close to 15-18 employees in their factory. Every day they produce close to 650 pairs of soles which roughly come to 2 lakh pairs of soles a year.

To make the product the company uses artificial leather which is a combination of chemicals and which is made up of either PVC finish or PU finish. For the upper portion of the shoe or slipper they use Rexin which is again a plastic by product.

They also make Plastic shoe covers which are used for excellent liquid protection. The advantage of using plastic is the ability to tailor the weight of this synthetic from ultra-lightweight to super heavy duty, depending on the requirements of the job. Cost is either low or at worst reasonable so this substance is attractive to high volume users or low income group.

3. Process Operations Flow Chart

The flow charts intend to depict the processes involved in manufacturing of footwear from start to finish. They have been divided into

a) Raw to Semi Finished Stage

b) Semi-Finished to the finishing stage

Processing from Raw to Semi Finished Stage: For PVC Finish

Chemical Inputs:

Processing from Raw to Semi Finished Stage: For PU Finish

Chemical Inputs:

Dyed crust to finishing

* The upper part of the footwear which is made up of Rexin which is procured externally