A Study on Inventory Management at Asian Paints, Bengaluru.

Abstract

Asian Paints Limited is an Indian synthetic substances organization which fabricates a wide scope of paints for brightening and mechanical use. Its vision is "to wind up one of the best five enhancing coatings organizations worldwide by utilizing its skill in the higher development developing markets. All the while, the organization means to manufacture long haul an incentive in the modern coatings business through collusions with built up worldwide accomplices. Asian Paints is Asia's third biggest paint organization, with a turnover of Rs 109.70 billion. Other than Asian Paints, the gathering works far and wide through its auxiliaries Berger International Limited, Apco Coatings, SCIB Paints and Taubmans. Organization utilizes crude materials like Pigments, Extenders and Minerals. Unlike most other industry, the paint business was moderately free of guidelines. Anyway for quite a while it was seen to be an extravagance thing and was liable to abnormal amounts of offers and extract charges. The high extract obligation routine combined with moderately ease. The work that has been done in this internship has given some vital pieces of information to the administration about the regions which however were doing great and not just this it has additionally attempted to illuminate conceivable changes that can be made so as to accomplish increasingly more productivity. The principle motivation behind choosing this internship is to think about the angles associated with buy creation and stock administration and the few documentation forms that are engaged with the working of the organization