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Britannia Industries Limited, established in 1892, is a leading Indian food company known for its diverse range of products and strong international presence. The document outlines key struggles faced by the company, such as economic downturns and rising raw material costs, and emphasizes the importance of an efficient inventory management system to optimize stock levels and streamline operations. Additionally, it highlights various features and benefits of inventory management, crucial for maintaining the company's competitiveness in the market.

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12 views11 pages

ISM Presentation

Britannia Industries Limited, established in 1892, is a leading Indian food company known for its diverse range of products and strong international presence. The document outlines key struggles faced by the company, such as economic downturns and rising raw material costs, and emphasizes the importance of an efficient inventory management system to optimize stock levels and streamline operations. Additionally, it highlights various features and benefits of inventory management, crucial for maintaining the company's competitiveness in the market.

Uploaded by

bhuvanbam639284
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPSX, PDF, TXT or read online on Scribd
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BBA(OBPM)

Semester-3

INFORMATION SYSTEM
SUBMITTED BY- RAMEEZ AHMED MANAGEMENT PRESENTATION
ROLL NO.- 231412039064

SUBMITTED TO- M/S ABHA GAUTAM


MY COMPANY-

BRITANNIA INDUSTRIES LIMITED


About BRITANNIA INDUSTRIES

• Britannia Industries Limited is a leading Indian food company, established in 1892 and headquartered in Kolkata.
It is known for its wide range of products, including biscuits, bread, cakes, and dairy products like cheese and
yogurt. Popular brands under its umbrella include Good Day, Marie Gold, and Tiger. Britannia has a strong presence
both in India and internationally, operating in over 60 countries. The company is focused on innovation, quality, and
sustainability and is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

Key Struggles of Britannia Industries


• Economic Downturns and Market Fluctuations
• Rising Raw Material Costs
• Regulatory Changes
• Intense Competition
• Supply Chain Disruptions
• Changing Consumer Preferences
• Workforce Challenges
Major departments in Britannia Industries

• Sales and Marketing Department


• Research and Development(R&D)
• Production Department
• Human Resource Department
• Finance and Accounting Department
• Quality Assurance and Control Department
• Information Technology Department(IT)
• Customer service
• Legal and Compliance
• Supply chain and logistics department
INVENTORY MANAGEMENT SYSTEM

• Inventory Management refers to the process of ordering, storing, using,


and selling a company's inventory. This includes raw materials,
components, and finished products, as well as the warehousing and
processing of these items.

• Inventory management is the entire process of managing inventories from


raw materials to finished products.

• Inventory management tries to efficiently streamline inventories to avoid


both gluts and shortages.
FEATURES OF INVENTORY MANAGEMENT

Real-Time Inventory Tracking

• Provides up-to-date information on inventory levels across all locations using tools like barcodes, RFID, and QR
codes. This helps in accurate stock management and reduces errors.
Demand Forecasting

• Uses historical sales data and trends to predict future inventory needs, ensuring optimal stock levels and reducing
the risk of overstocking or stockouts.

Automated Reorder Point and Alerts

• Automatically triggers reorder notifications when inventory levels reach a pre-defined threshold, preventing
stockouts and ensuring continuous availability of products.

Multi-Location Inventory Management

• Manages inventory across multiple warehouses, retail locations, and distribution centers, providing a centralized
view of stock levels and movements.
Batch and Lot Tracking

• Tracks products by batch or lot numbers, which is crucial for managing perishable goods, items with expiration
dates, or products subject to recalls.

Integration with Other Systems

• Integrates seamlessly with ERP, accounting software, CRM, and e-commerce platforms to streamline operations
and ensure data consistency across all business functions.

Comprehensive Reporting and Analytics

• Offers detailed reports on inventory turnover, stock levels, order history, and other key metrics to support data-
driven decision-making and inventory optimization.

User Access Control

• Provides customizable access levels and permissions to different users, ensuring data security and preventing
unauthorized access or modifications.

Returns and Reverse Logistics Management

•Efficiently manages the process of returns and reverse logistics, ensuring accurate tracking and restocking of returned
goods, and maintaining accurate inventory records.
Prototype of Inventory Management
Benefits of Inventory Management in Britannia Industries

• A company’s inventory is one of its most valuable assets. In retail, manufacturing, food services, and other
inventory-intensive sectors, a company's inputs (such as raw materials) and finished products are the core of its
business. A shortage of inventory when and where it's needed can be extremely detrimental.

• inventory management is important for businesses of any size. Knowing when to restock, what quantities to
purchase or produce, and when to sell and at what price can easily become complex decisions.

• Small businesses will often keep track of stock manually and determine the reorder points and quantities using
spreadsheet (Excel) formulas. Larger businesses may use specialized enterprise resource planning(ERP) software.
The largest corporations use highly customized software as a service(SaaS) applications.

• For companies with complex supply chain and manufacturing processes, balancing the risks of inventory glut and
shortages is especially difficult. To achieve these balances, they may call on several methods for inventory
management, including just-in-time(JIT) and materials requirement plannings(MRP).
GANTT Chart
DAYS 1 2 3 4 5 6 7

Research

Planning
PHASES

Execution

Review
THANK YOU..

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