A Study on The Inventory Management With Special

Reference Logistics And Shelf Life In The Happilo

International Pvt. Ltd.

By

Name Utkersh Abhishek

Reg. No 17SKCMD183

AIMS Institutes
Peenya, Bangalore
 Introduction
 This study is conducted to know the various
inventory techniques which is followed in the
company and how shelf life is affecting these
decisions.
 For this purpose various inventory ratios have
been calculated and compared for last three
years.
 Various inventory techniques have been also
been discussed.
 Profile of Industry/ Company
 Happilo International Private Limited is a health food
company which has its headquarters located in
Bangalore. Happilo brings in a high exclusive range of
dried fruits, dry fruits, healthy seeds, spices, trial mixes,
festive gift hampers and many more.
 Happilo is primarily known for delivering quality food
products of international standards and quality.
 Happilo with a wide variety of products that cater every
budget and taste, it has found its way into the hearts
and homes of many people across India as well as over
the globe.
 Background of the Study
 Inventory is a list for goods and materials, or those
goods and materials themselves, held available in stock
by a business. It is also used for a list of the contents of
a household and for a list for testamentary purpose of
the possessions of someone who has died. In accounting
inventory is considered an asset.
 Inventory management is primarily about specifying the
size and placement of stocked goods.
 Inventory management is required at differ locations
within a facility or within multiple locations of a supply
network to protect the regular and planned course of
production against the random disturbance of running
out of material or goods.
 Review of Literature
 Bansal in his study on inventory Management:
A case Study of Bharat Heavy Electricals
Limited, Bhopal Unit, (BHEL), has evaluated
the existing systems of inventory management.
He emphasises. The need for automatic
replenishment system in the undertaking offer
studying the application of ABC analysis and
EOQ technique of inventory control.
 Research Design

Research Objectives
1. The primary objective of the study is to understand the
inventory techniques followed in the Happilo company.
2. To study in brief the overall Happilo company.
3. To study the materials management concepts followed at
Happilo company.
4. To study the various techniques followed by Happilo company
in order to maintain proper inventory in the company.
5. To study the collision of materials management on the working
of Happilo company.
 Research Design (continued)
 SOURCES OF DATA
o The enquiry through discussions with heads of inventory
manager.

o Consultations.

o Secondary data collected through company website.

 Summary of Data Analysis
using Analytical tools
 The company is having good sales for their products during all
the years of the study.
 The inventory turnover ratio is on a declining trend year after
year in the period of the study. It indicates inefficiency of
management in turning of their inventory into sales.
 The company adopted sophisticated techniques to manage its
inventory in a better manner.
 The EOQ calculated is suggesting that the company should
obtain its inventory requirements by placing orders frequently
to its suppliers rather than one time replenishment.
 Company is taking measures for maintenance of proper stores
and spares so as to avoid the frequent breakdown of the
machinery.
 Major Findings
 Company is taking measures for maintenance of proper
stores and spares so as to avoid the frequent breakdown
of the machinery.
 The company is following Just-in-Time technique, thereby
it can do away with waiting time for a receipt of materials.
 Due to introduction of GST the accounting system of the
company has become very feasible due elimination of
other taxes like excise duty etc, through which the
company is also getting an input tax credit.
 The company maintains up to date records of each and
every transaction, there is no ignorance on the part of the
employees. The company is very organized in these terms.
 Conclusion & Suggestions

CONCLUSION
Inventory management is important for keeping costs down,
while meeting regulation. Supply and demand is a delicate
balance, and inventory management hopes to ensure that the
balance is undisturbed. Highly trained Inventory management
and high-quality software will help make Inventory
management a success.
SUGGESTIONS
The company should reduce the contribution of inventory to current
assets in array to increase the liquidity position of the company.
It can do so by not stocking lot of materials as inventory.The
company should also insure more amount materials in order to
gain some returns and benefits in the future.
 Key Learnings
o Gained a lot of pratical knowledge on
the inventory management.
o Learnt the working of logistics team
o Acquired the knowledge of raising the
oreder request to the suppliers and
processing the order to the distributors.
o Designed a SOP for the production team.