WORKING CAPITAL MANAGEMENT
WITH SPECIAL EMPHASIS ON VARIOUS TECHNIQUES OF
A training report submitted in partial fulfillment of the requirement for the degree Of
MASTERS OF BUSINESS ADMINISTRATION
SUBMITTED TO: SUBMITTED BY: TARUNDEEP SINGH ROLL NO: 5691
SCHOOL OF MANAGEMENT STUDIES
PUNJABI UNIVERSITY, PATIALA
I feel immense pleasure to give the credit of my project work not only to one individual as this work is integrated effort of all those who concerned with it. I want to owe my thanks to all those individuals who guided me to move on the track. This report entitled “WORKING CAPITAL MANAGEMENT WITH SPECIAL EMPHASIS ON VARIOUS TECHNIQUES OF INVENTORY CONTROL IN GLAXOSMITHKLINE” is the outcome of my summer training
at GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD., Nabha.
I would like to appreciate the pain staking effort of Mr. Jagdish Rao (General Manager) and & Mr. Munish Kaushal (Manager Finance & IT) for educating and guiding me at each and every stage and providing me the information related to my chosen topic. I am equally thankful to the whole team of Finance & IT Department of GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD., Nabha., who extended their full co-operation and assistance. Words are not sufficient to express the greatness for the help, guidance and knowledge dispensed to me by Respected Supervisor, Mr. RIXON SINGLA ( Manager, Finance), who not only lent her considerable time and energy to the understanding, but also helped me a great deal in making this report see the light of the day.
Last but not least, I owe my special regards to my parents and my elders for their blessings and good wishes.
The problem of unemployment is one of our major problems. This problem has been troubling us ever since we gained independence. One reason for growing unemployment in the country is our faulty education system. Students are given bookish knowledge without any training for specific jobs. To mitigate such problems of our education system to some extent, training programs are being introduced. These programs help the students to widen their horizon. Training can be done in industries, business-houses, sales and income tax department of various central, state, local, government societies etc.
A training program in industry is to get an overall view and exposure of the industry and its working environment. It enhances the confidence and boosts the morale of the students preparing themselves to work in industry in future. These programs continuously find place in curriculum of management studies for development of the personality of students and to provide them with a firsthand experience about working in industry.
TABLE OF CONTENTS
Historical Background of the Company
Supply Chain Process
2. ABOUT NABHA PLANT
GSK Mission Culture and Statement
3. WORKING CAPITAL
Meaning of Working Capital Working Capital Financial Ratio Analysis 34Operating Cycle Operating Cycle of GSK
4. SCOPE OF STUDY
Objectives of the Study
Data Collection and Interpretation
7. CASH MANAGEMENT AT...