logging in or signing up Financial Management andymo Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2135 Category: Business & Fin.. License: All Rights Reserved Like it (4) Dislike it (0) Added: February 24, 2010 This Presentation is Public Favorites: 6 Presentation Description No description available. Comments Posting comment... By: maheshmisal (16 month(s) ago) fine Saving..... Post Reply Close Saving..... Edit Comment Close By: HaroldJoh (20 month(s) ago) For our professional financial and property management company in Raleigh, NC, we use http://www.wmdouglas.com/financial-management-services. They have done a wonderful job keeping our budget and real estate in order. Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Slide 1: WORKING CAPITAL MANAGEMENT Working Capital Management (1/3) : Working Capital Management (1/3) Working capital management is concerned with making sure we have exactly the right amount of money and lines of credit available to the business at all times Working Capital is the money used to make goods and attract sales The less Working Capital used to attract sales, the higher is likely to be the return on investment Working Capital = Current Assets − Current Liabilities Contd….(2/3) : Contd….(2/3) Contd….(3/3) : Contd….(3/3) Inventory Management (1/4) : Inventory Management (1/4) A company's merchandise, raw materials, and finished and unfinished products which have not yet been sold. These are considered liquid assets, since they can be converted into cash quite easily. Policies, procedures, and techniques employed in maintaining the optimum number or amount of each inventory item. The objective of inventory management is to provide uninterrupted production, sales, and/or customer-service levels at the minimum cost. Inventory Management (2/4) : Inventory Management (2/4) Techniques: - Inventory Management (3/4) : Inventory Management (3/4) Importance:- TRANSCATIONS MOTIVE: - It emphasizes the need to maintain inventories to facilitate smooth production and sales operations PRECAUTIONARY MOTIVE: - It necessitates holding of inventories to guard against the risk of unpredictable changes in demand and supply forces and other factors SPECULATIVE MOTIVE: - It influences the decision to increase or reduce inventory levels to take the advantage of price level fluctuations Inventory Management (4/4) : Inventory Management (4/4) Conflicting needs : - To maintain a large size of inventories of raw materials and WIP for efficient and smooth production and of finished goods for uninterrupted sales operations To maintain a minimum investment in inventories to maximize profitability Objective: - determine and maintain optimum level of inventory investment to maintain sufficient inventory for the smooth production and sales operations to avoid excessive and inadequate levels of inventories Company background : Company background 1956 - Company was set up at Bhopal in the name of Heavy electrical (India) Ltd. in collaboration with AEI, UK The Company`s object is to manufacture of heavy electrical equipments 1974 - In January Heavy electrical (India) Ltd was merged with BHEL 1982 - BHEL also entered into power equipments, to reduce its dependence on the power sector Contd…. : Contd…. In 1984 BHEL setup Heavy Equipment Repair Plant (HERP) in Varanasi Attained ISO 9000 certification and the major units of BHEL have already acquired the ISO 14001 certification BHEL’s 14 manufacturing divisions, four power sector regional centers, over 100 project sites, eight service centers and 14 regional offices BHEL has over the years established its references in over 50 countries of the world Sectors (1/3) : Sectors (1/3) BHEL caters to core sectors of the Indian economy: - power generation & transmission, industry, transportation, telecommunication, renewable energy, defense Power sector:- Power generation sector comprises thermal, gas, hydro and nuclear power plant business BHEL supplied sets account for nearly 85,786 MW or 64% of the total installed capacity of 1,34,697 MW in the country Sectors (2/3) : Sectors (2/3) Transmission: - BHEL supplies a wide range of transmission products which include high voltage power & instrument transformers, dry type transformers, shunt & series reactors, switch gear, gas insulated sub-station capacitors, insulators etc Industries : - BHEL is a major contributor of equipment and systems to cement, sugar, fertilizer, refineries, petrochemicals, steel & paper industry Sectors (3/3) : Sectors (3/3) Transportation: - Mostly of the trains operated by the Indian railways, including the metro in Calcutta, are equipped with BHEL’s traction electrics and traction control equipment Telecommunication: - It also caters to telecommunication sector by way of small, medium, and large switching systems Renewable energy: - Technologies offered by BHEL for renewable resources of energy includes:- wind electric generators, solar power based water pumps, lighting and heating systems. Enterprise Resource Planning (ERP) : Enterprise Resource Planning (ERP) Enterprise resource planning (ERP) is an integrated computer-based system used to manage internal and external resources including tangible assets, financial resources, materials, and human resources Evolution of ERP: Manufacturing Resource Planning Enterprise Resource Planning Customer – Centric Resource Planning Inter – Enterprise Integration Commercial Applications : Commercial Applications Manufacturing Supply Chain Management Financials Project Management Human Resources Customer Relationship Management Data Services Access Control Inventory Holding Period (Days) : Inventory Holding Period (Days) Levels of Inventory : Levels of Inventory Source : CMIE Database 2002 Steps have been taken to control Inventory : Steps have been taken to control Inventory An inventory monitoring cell is constituted at the corporate office The purchases were controlled by the materials management group reporting to the Director of Finance The company provided for weekly meetings between material planning, production control and purchase departments for better matched material availability Monthly review of total inventory at the level of chief executives of plants and corporate management is introduced Inventory control is dovetailed with the budgeting system. Top 100 inventory items are identified for closer scrutiny and control Slide 20: Presentation by: - C Anand Mohandas Gobi kichena Prachiti Prakash Patel Gajendra Tisha Prasad Kapil Bhadwani Cashing Machines You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
Financial Management andymo Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2135 Category: Business & Fin.. License: All Rights Reserved Like it (4) Dislike it (0) Added: February 24, 2010 This Presentation is Public Favorites: 6 Presentation Description No description available. Comments Posting comment... By: maheshmisal (16 month(s) ago) fine Saving..... Post Reply Close Saving..... Edit Comment Close By: HaroldJoh (20 month(s) ago) For our professional financial and property management company in Raleigh, NC, we use http://www.wmdouglas.com/financial-management-services. They have done a wonderful job keeping our budget and real estate in order. Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Slide 1: WORKING CAPITAL MANAGEMENT Working Capital Management (1/3) : Working Capital Management (1/3) Working capital management is concerned with making sure we have exactly the right amount of money and lines of credit available to the business at all times Working Capital is the money used to make goods and attract sales The less Working Capital used to attract sales, the higher is likely to be the return on investment Working Capital = Current Assets − Current Liabilities Contd….(2/3) : Contd….(2/3) Contd….(3/3) : Contd….(3/3) Inventory Management (1/4) : Inventory Management (1/4) A company's merchandise, raw materials, and finished and unfinished products which have not yet been sold. These are considered liquid assets, since they can be converted into cash quite easily. Policies, procedures, and techniques employed in maintaining the optimum number or amount of each inventory item. The objective of inventory management is to provide uninterrupted production, sales, and/or customer-service levels at the minimum cost. Inventory Management (2/4) : Inventory Management (2/4) Techniques: - Inventory Management (3/4) : Inventory Management (3/4) Importance:- TRANSCATIONS MOTIVE: - It emphasizes the need to maintain inventories to facilitate smooth production and sales operations PRECAUTIONARY MOTIVE: - It necessitates holding of inventories to guard against the risk of unpredictable changes in demand and supply forces and other factors SPECULATIVE MOTIVE: - It influences the decision to increase or reduce inventory levels to take the advantage of price level fluctuations Inventory Management (4/4) : Inventory Management (4/4) Conflicting needs : - To maintain a large size of inventories of raw materials and WIP for efficient and smooth production and of finished goods for uninterrupted sales operations To maintain a minimum investment in inventories to maximize profitability Objective: - determine and maintain optimum level of inventory investment to maintain sufficient inventory for the smooth production and sales operations to avoid excessive and inadequate levels of inventories Company background : Company background 1956 - Company was set up at Bhopal in the name of Heavy electrical (India) Ltd. in collaboration with AEI, UK The Company`s object is to manufacture of heavy electrical equipments 1974 - In January Heavy electrical (India) Ltd was merged with BHEL 1982 - BHEL also entered into power equipments, to reduce its dependence on the power sector Contd…. : Contd…. In 1984 BHEL setup Heavy Equipment Repair Plant (HERP) in Varanasi Attained ISO 9000 certification and the major units of BHEL have already acquired the ISO 14001 certification BHEL’s 14 manufacturing divisions, four power sector regional centers, over 100 project sites, eight service centers and 14 regional offices BHEL has over the years established its references in over 50 countries of the world Sectors (1/3) : Sectors (1/3) BHEL caters to core sectors of the Indian economy: - power generation & transmission, industry, transportation, telecommunication, renewable energy, defense Power sector:- Power generation sector comprises thermal, gas, hydro and nuclear power plant business BHEL supplied sets account for nearly 85,786 MW or 64% of the total installed capacity of 1,34,697 MW in the country Sectors (2/3) : Sectors (2/3) Transmission: - BHEL supplies a wide range of transmission products which include high voltage power & instrument transformers, dry type transformers, shunt & series reactors, switch gear, gas insulated sub-station capacitors, insulators etc Industries : - BHEL is a major contributor of equipment and systems to cement, sugar, fertilizer, refineries, petrochemicals, steel & paper industry Sectors (3/3) : Sectors (3/3) Transportation: - Mostly of the trains operated by the Indian railways, including the metro in Calcutta, are equipped with BHEL’s traction electrics and traction control equipment Telecommunication: - It also caters to telecommunication sector by way of small, medium, and large switching systems Renewable energy: - Technologies offered by BHEL for renewable resources of energy includes:- wind electric generators, solar power based water pumps, lighting and heating systems. Enterprise Resource Planning (ERP) : Enterprise Resource Planning (ERP) Enterprise resource planning (ERP) is an integrated computer-based system used to manage internal and external resources including tangible assets, financial resources, materials, and human resources Evolution of ERP: Manufacturing Resource Planning Enterprise Resource Planning Customer – Centric Resource Planning Inter – Enterprise Integration Commercial Applications : Commercial Applications Manufacturing Supply Chain Management Financials Project Management Human Resources Customer Relationship Management Data Services Access Control Inventory Holding Period (Days) : Inventory Holding Period (Days) Levels of Inventory : Levels of Inventory Source : CMIE Database 2002 Steps have been taken to control Inventory : Steps have been taken to control Inventory An inventory monitoring cell is constituted at the corporate office The purchases were controlled by the materials management group reporting to the Director of Finance The company provided for weekly meetings between material planning, production control and purchase departments for better matched material availability Monthly review of total inventory at the level of chief executives of plants and corporate management is introduced Inventory control is dovetailed with the budgeting system. Top 100 inventory items are identified for closer scrutiny and control Slide 20: Presentation by: - C Anand Mohandas Gobi kichena Prachiti Prakash Patel Gajendra Tisha Prasad Kapil Bhadwani Cashing Machines