Project Report

On

Improvement in Billing Process and Cost Accounting

At

Millipore India Pvt. Ltd., 50A, 2ND Phase, Ring Road, Peenya

Bangalore-560058

In partial fulfilment of Summer Internship

for the requirement of award of MBA
Submitted By:

Chetan Chauhan (Roll No. 247)

FT-MBA CORE,
NMIMS – 2009-11

Under the guidance of:

Mr. Debashish Ghosh Mr. Mayur Bhagwandas Gugaria

Faculty Guide Company Guide
NMIMS Executive General Manager
Millipore India Pvt. Ltd

Narsee Monjee Institute of Management Studies

Vile Parle (W), Mumbai – 400057
 SVKM’s NMIMS University
(School of Business Management)

Certified that the project titled Improvement in Billing Process and Cost Accounting
presented by CHETAN CHAUHAN (Roll No. 247) represents his original work which was
carried out by him under my guidance and supervision during the period from 14th April, 2010 to
14th June, 2010.

Name of the Company guide: Mr. Mayur Bhagwandas Gugaria

Signature of the Company guide:

Date:

Name of the Faculty guide: Mr. Debashish Ghosh

Signature of the guide:

Date:
 PREFACE
Millipore is a Life Science leader providing cutting-edge technologies, tools, and services
for life science research and the development / production of pharmaceutical drugs and
biologics.
The company is organized in two operating divisions. The Bioprocess division enables
pharmaceutical and biotechnology companies to optimize their manufacturing productivity,
ensure the quality of drugs, and scale up the production of difficult-to manufacture
biologics. The Bioscience division helps to optimize laboratory productivity and work-flows
by providing reagents, kits and other enabling technologies and products for life science
research and development. World class labs and manufacturing facilities located at the HO
in Bangalore make a measurable difference to the quality of products and support that
customers can access from us.

Mumbai
21st June, 2010 CHETAN CHAUHAN
 ACKNOWLEDGEMENTS

I take immense pleasure in thanking Mr. Mayur Bhagwandas Gugaria, Executive General
Manager, Millipore India Pvt. Ltd for their able guidance, encouragement and useful
suggestions throughout the duration of the project. The learnings I received from them will
always be helpful to me in all my future endeavours.

I would like to thank the entire Finance and Operations team of Millipore for being helpful and
supportive throughout the project. I would like to sincerely thank them for providing the
environment to help me complete the project successfully.

I wish to express my sincere gratitude to Dr. Nilay Yajnik, Faculty guide at NMIMS and the
entire team of faculty and staff at NMIMS for coordinating the internship programme.

CHETAN CHAUHAN
 EXECUTIVE SUMMARY
Improvement in Billing Process

The project aims at, preparing a database which shows how well company has been doing its
billing process in last Quarter and, finding a new solution to improve the process without
increasing cost and time.

Cost Accounting

Work as helper in Finance Department for 4 weeks to reduce the burden on other employees.
 Table of Contents
Preface

Acknowledgements

Executive Summary

Chapter 1 Introduction............................................................................................................1
1.1. Company Overview..........................................................................................................1
Chapter 2 Costing of the Standard Products........................................................................3
2.1 Costing of the Standard Products......................................................................................3
2.2 Cost structure of a Standard Products...............................................................................4
2.3 Example of costing of Product name XI0422050.............................................................5
Chapter 3 Costing of the Customized Products....................................................................7
3.1 Costing of the Customized Products.................................................................................7
3.2 Cost structure of a customized product.............................................................................8
3.3 Different types of cost.......................................................................................................8
3.4 Example of BOM..............................................................................................................9
3.5 Example of P&ID............................................................................................................23
3.6 Example of estimation....................................................................................................24
Chapter 4 Improvement in Billing Process..........................................................................29
4.1 Billing Process................................................................................................................29
4.2 2010 1st quarter data base................................................................................................30
Annexures...............................................................................................................................34
Bibliography...........................................................................................................................55
 Chapter 1
Introduction

1.1. Company Overview

MILLIPORE INDIA
Millipore is a Life Science leader providing cutting-edge technologies, tools, and services
for life science research and the development / production of pharmaceutical drugs and
biologics. Millipore India is a JV with the US based Millipore Corporation- a S&P 500
company with more than 5900 employees in 47 countries worldwide. Millipore Corporation
has steadily expanded its scope of products and services to meet the Life Science industry's
rapidly evolving needs.
Millipore India, incorporated in 1986, has a turnover of approximately Rs 170 crore in
2008-2009. Over 300 highly qualified staff in R&D, Sales, Technical Support , Service and
other support functions work closely with customers providing more than 40,000 innovative
products and services. The company is organized in two operating divisions. The Bioprocess
division enables pharmaceutical and biotechnology companies to optimize their
manufacturing productivity, ensure the quality of drugs, and scale up the production of
difficult-to manufacture biologics. The Bioscience division helps to optimize laboratory
productivity and work-flows by providing reagents, kits and other enabling technologies and
products for life science research and development. World class labs and manufacturing
facilities located at the HO in Bangalore make a measurable difference to the quality of
products and support that customers can access from us.
Life Sciences
Millipore scientists understand the complexity of Life Science research and support
customers in their most difficult challenges in cell biology, stem cells, immunodetection,
and cell signaling.
Drug Discovery
Millipore deeply committed to having an in-depth understanding of key target classes for
selectivity testing, including functional kinase, GPCR, and ion channel profiling assays, as
well as extensively validated RIAs, ELISAs, and multiplex assays and bio-analytical service
support for research or clinical studies.
Sample Prep
We’ve been helping scientists find the right membrane filter-based tool for their application
for more than 50 years. From sterile filtration devices, to Amicon® centrifugal filters, to
Millex® syringe filters, to Zip™ micro-SPE technology, we have thousands of biotools in a
mind-boggling range of materials, diameters and pore sizes to choose from.

1
Lab Water
Water is a critical Life Science reagent. Millipore lab water experts take the time to
understand individual labs and particular applications to recommend a system that balances
water quality with volume and distribution requirements.
Process Development
Millipore help their customers reduce their number of process steps and increase yields.
Millipore acts as a true extension of their development teams to keep them on schedule
using our process development technologies, expertise, services and products for consistent
process scale-up, optimization and transfers.
Bioproduction
Efficiency is the key to maximizing biomanufacturing productivity. Millipore streamlines
the process with consistent, predictable solutions for cell culture, filtration, chromatography,
purification, mixing, disposable technologies and process monitoring.
Process Monitoring
Millipore sterile sampling systems and traditional or rapid microbiology detection
technologies reduce risks for our customers.
Millipore can quickly identify the vulnerable steps in a biomanufacturing process, allowing
corrective action to be implemented sooner to help ensure safe release of final product.

Millipore India Pvt. Ltd.

50A, 2ND Phase
Ring Road
Peenya
Bangalore-560058
Tel.: 080-39224000
Fax: 080-28396345
Email: Millipore@vsnl.com
Offices: Bangalore, Mumbai, New Delhi, Hyderabad, Kolkata, Ahmadabad

2
 Chapter 2
Costing of the Standard Products
2.1. Costing of the Standard Products

• Standard Products are built not according the requirement of the user/customer.

• User requirements for Standard Products cannot differ in:

2.2. Cost structure of a customized product

• Cost of material
Cost of material is calculated by help of soft ware (JDE).First we have to identify what
are the items are required for the product and from the list items we can find their
standard cost from the JDE, which actually store all cost and inventory related data of the
company.

• Over head
All overhead charges are directly proportional to labor hours spend on each respective
activity.

3
2.3. Example of costing of Product name XI0422050

R554301

Order
Number
46752

Documen
t Number

46752

46752

46752

46752

46752

46752

46752
Or
Ty
WO

Do
Ty

IM

IM

IM

IM

IM

IM

IM
2nd Item
Number
XI04220
50

Order
Date

5/5/2010

5/5/2010

5/5/2010

5/5/2010

5/5/2010

5/5/2010

5/5/2010
PI17441

JMBM00
098

P31195

JMBM00
094

JMBM00
095

JMBM00
096
Busine
ss Unit

1
10X
XHM0

2nd Item Busine

Number ss Unit

PI17434
XHM0
1

1
s
UM
10X EA

10X EA
XHM0

10X EA
XHM0
1
10X EA
XHM0

10X EA
XHM0
1
10X EA
XHM0
1
10X EA
XHM0

4
Start
Date
5/3/2
010

Tran Unit
Cost

180

225

121.
576

3.75

3.75

3.25
5/17/
2010
Page
-
d
a
h
r
e
v
O
11:2
9:59
1
 1
46752 IM 5/5/2010 JMBM00 10X EA 4.75
097 XHM0
1
46752 IM 5/5/2010 OMI/5- 10X EA 7.5
11 XHM0
1
46752 IM 5/5/2010 CDC500 10X EA 0.5
0 XHM0
1
46752 IM 5/5/2010 TT05W 10X MM 0.00
XHM0 16
1
46752 IM 5/5/2010 CB5VA 10X EA 73
CPMP XHM0
1
46752 IM 5/5/2010 P32183 10X EA 188
XHM0
1
46752 IM 5/5/2010 P31683 10X EA 7.15
XHM0
1
46752 IM 5/5/2010 CB5VA 10X EA 73
CPMP XHM0
1
46752 IM 5/5/2010 B17813 10X EA 5200
XHM0
1
46752 IM 5/7/2010 P31683 20X EA 7.15
XHM0
1
46752 IM 5/7/2010 CB5VA 10X EA 73
CPMP XHM0
1
46752 IM 5/7/2010 P32183 10X EA 188
XHM0
1

No of minutes reqd to complete 70 mins

Overhead cost 1081 Rs/hr

5
 180.166
7

1261.16 1261.16
7 7

Costing sheet
Date - 17 may
2010
Product name Quantity- 1 Description Vacuum
XI0422050 pump 4bar
Prepared by
Chetan
Item Number Description Quantity cost of item per cost of item
unit
B17813 VAC/PR. PUMP 220V/50HZ 1 5200 5200
4BAR
CB5VACPMP PACKING BOX VACUUM 1 73 73
PUMP
CDC5000 LABEL CHROME 1 0.5 0.5
COAT50X100mm VERT
JMBM00094 STICKER-WARNING 1 3.75 3.75
LABEL-I
JMBM00095 STICKER-WARNING 1 3.75 3.75
LABEL-II
JMBM00096 STICKER-DO NOT 1 3.25 3.25
LUBRICATE
JMBM00097 LABEL -CAT #. VACUUM 1 4.75 4.75
PUMP
JMBM00098 MILLIPORE LOGO 1 4 4
OMI/5-11 OMI VACUUM PRESSURE 1 7.5 7.5
PUMP 4BAR
P31195 POWER CORD (250 V /6A), 1 121.576 121.576
3 PIN
P31683 LD COVER 20" X24". 1 7.15 7.15
P32183 EP FOAM SET FOR 1 188 188
VACUUM PUMP
P33785 2 MIL METAL 2 2.75 5.5
POLYSETER STICKER
PI17434 PR GAUGE 0-7 BAR 1 180 180
1/4"BSP
PI17441 VACUUM GAUGE 0- 1 225 225
760mm Hg 1/4"

6
 TT05W TEFLON TAPE 1/2" WIDTH 1000 0.0016 1.6
Overhead   1.166666 1081 1261.166667
667
      Total 7290.492667

Chapter 3
Costing of the Customized Products
3.1. Costing of the Customized Products

• Customized Products are built according the requirement of the user/customer.

• User requirements for customized product can differ in:

from the standard products.

• According to user requirement, for each customized product system, designer create a
P&ID.

7
 • After getting approval on the P&ID from the user, they generate Bill Of Material (BOM)
for required material.

3.2. Cost structure of a customized product

• Over head
Overhead= Pre engineering + Purchase + Engineering + Automation + Testing + QA &
QC activities + FAT(Factory acceptance test) charges

All overhead charges are directly proportional to labor hours spend on each respective
activity.

• Margin :
Margin = 15% of( Cost of material + Overhead )

• Transportation charges :
Transportation charges change according to Customer choice of delivery.

3.3 Different types of cost

• Offered Cost(Ex Works) = (Material Cost + Overhead Cost) + Profit Margin

If system pick up by the customer from the MIPL.

• FOB(Freight on Board) = Ex Works + (Cost of Freight up to Local Airport)

If customer wants delivery on MIPL’s Local Airport.

• CIF(Cost Insurance & Freight Till Destination Port) = Ex Works + Insurance + Freight
Till Destination Port

If customer wants delivery on customer’s Local Port.

8
3.4 Example of BOM

9
10
3.5 Example of P&ID

11
3.6 Example of estimation

ESTIMATION FOR - CAT # B19458 / DRG MIL-22054 CHASSIS ASSY FOR

JMBM02455
SL Descripiton Qty/set MOC RM size Rm in Rm price Labour Actual
# Mtrs/KG/Sq. charges
in (Cutting
+
Milling)

1 DRIP TRAY              

1 SHEET 1 SS 304 540X725X1.6 5.0112 1,102.46 400. 1,50

mm 00 2.46
2 DRIP TRY 1 SS 304 Dia 25x30mm 0.12 26.40 75. 10
ADAPTOR 00 1.40
3 TRY SUPPORT 4 SS 304 20x20x5mm 0.02 17.60 100. 11
00 7.60
                 
        RM PRICE   1,128.86 575.  
00
        OH 5%     56. 5
44 6.44
        Welding 7.09 70.87   7
0.87
        Buffing 1213.65242 1,517.07 151. 1,66
7 71 8.77
        Grinding 7.09 70.87   7
0.87
            TOTAL   3,58
8.41
            PROFIT 15% 53
8.26
            GRAND   4,
TOTAL 127
                 
2 BASE PLATE              

1 SHEET 1 SS304 635X525X5m 13.335 2,933.70 1,200. 4,13

m 00 3.70
2 BLOCK 2 SS304 130X40X30m 1.2 528.00 200. 72
m 00 8.00
                 
        RM PRICE   3,461.70 1400  
        OH 5%     173. 17
09 3.09
        Welding 23.62 236.22   23
6.22
      Buffing 1033.46456 1,291.83 129. 1,42
7 18 1.01
        Grinding 23.62 236.22   23
6.22
            TOTAL   6,92
8.24

12
            PROFIT 15% 1,03
9.24
            GRAND   7,
TOTAL 967
                 
3 CHASSIS ASSY              
1 TUBE 1 SS 304 30X30X3mm 19 18,050.00 3,600. 21,65
00 0.00
2 TUBE 1 SS 304 60X30X3mm 8.5 9,350.00 360. 9,71
00 0.00
3 TUBE 1 SS 304 40X40X3mm 2.5 2,500.00 180. 2,68
00 0.00
4 TUBE 1 SS 304 20X20X3mm 1 400.00 90. 49
00 0.00
5 THREADED 4 SS 304 DIA 25X35mm 0.14 123.20 180. 30
BUSH 00 3.20
6 RELIEF BUSH 20 SS 304 DIA 25X35mm 0.14 616.00 900. 1,51
00 6.00
7 CHASSIS 4 SS 304 90x40x10mm 0.3 264.00 180. 44
SUPPORT 00 4.00
8 PAD SUPPORT 4 SS 304 35x35X10mm 0.1 88.00 100. 18
00 8.00
9 WHEEL 4 SS 304 150x150x5mm 0.9 792.00 300. 1,09
SUPPORT 00 2.00
PLATE-1
10 WHEEL 4 SS 304 100x110x5mm 0.45 396.00 200. 59
SUPPORT 00 6.00
PLATE-2
11 PLATE 4 SS 304 35x35x10mm 0.1 88.00 100. 18
00 8.00
                 
                 
        RM PRICE   32,667.20 6,190.  
00
        OH 5%     1,633. 1,63
36 3.36
        Fastners   250.00   25
0.00
        Welding 413 4133.86   4,13
3.86
        Buffing 6907 8,633 8 9,49
63 6.46
        Grinding 413 4,134   4,13
3.86
        Setting Charge 80 2000   2,00
0.00
        Testing   1500   1,50
0.00
        Assembly   800   80
&Transport 0.00
            TOTAL   62,80
4.73
            PROFIT 15% 9,42
0.71
            GRAND   72,
TOTAL 225
ABSTRACT
B19458

13
SL DESCRIPTION QTY UNIT TOTAL
# PRICE
1 DRIP TRAY 1 4,12 4,1 Rm Total Processin Finishin
7 26.67 g Total g Total
2 BASE PLATE 1 7,96 7,9 39,121 8,1 17,
7 67.48 65 027
3 CHASSIS ASSY 1 72,22 7 Welding &    
5 2,225 Setting Total
          6,4
41
         

  GRAND TOTAL     84,

320
With   88,
20% OH 536

STD RATES SURFACE LENGTH WELDING

AREA
SS304 Sq Tube - 1500 PER 0  
80x40x3mm METER
SS304 Sq Tube - 1100 PER 2371.504743 8500 1,440.00
60X30x3mm METER
SS304 Sq Tube - 1000 PER 620.00124 2500 640.00
40X40x3mm METER
SS304 Sq Tube - 950 PER 3441 18500 9,600.00
30x30x3mm METER
SS304 Sq Tube - 400 PER 124 1000
20x20x3mm METER
SS304 Sq Tube - 1200 PER 0  
50X50x3mm METER
SS304 Sq Tube - 800 PER 9,600.00
60x30x2mm METER
SS304 Sq Tube - 500 PER
30x30x2mm METER
SS304 Sq Tube - 350 PER
20x20x2mm METER
1/2 " Pipe 480 PER
12.7mm METER
SS304 Flats 220 INR/KG
SS304 Flats 250 INR/KG
10mm thk
SS304 ROUND 210 INR/KG
SS316L SHEET 500 INR/KG
IMPORT
SS316L SHEET 325 INR/KG
LOCAL
SS316L ROD 305 INR/KG
LOCAL
SS316L ROD 300 INR/KG
(17-4 PH SS)
SS 1.4435 FLAT 900 INR/KG
SS 1.4435 800 INR/KG
ROUND
BRASS 300 INR/KG
MS FLATS 40 INR/KG

14
 MS ANGLE 140 PER
METER
CUTTING 10 INR/CUT
BUFFING 1.25 INR/SQ
IN
EP & 2.45 INR/SQ
PASSIVATION IN
ORBITAL 600 INR/INCH
WELDING
TIG WELDING 10 INR/INCH
SETTING 25 INR/PLA
CE
WELD 10 INR/INCH
GRINDING
     

ESTIMATION FOR - CAT # B19459 / DRG MIL-22056 PIPING

15
ASSY FOR JMBM02455
S Descripiton Qty/set MOC RM size Rm in Rm Labour charges Actu
L Mtrs/KG/Sq.i price (Cutting + Milling) al
# n
1 Feed - Line -1              

1 1 1/2" TC Ferrule 3 SS 316 TC 0 750   75

L 0.00

2 Elbow & Pipe 1         2

Machining 5.00
25.00
                 

        RM   7  
PRICE 50.00
25.00
        OH 5%     37.50 37.50

        Buffing 120 1 16
50.00 5.00
15.00
        Setting 5 1   12
25.00 5.00

        Tig 9.4   9
Welding 4.49
94.49
        Orbital 9.4  
Welding
- -
        Grinding 9.4   9
4.49
94.49
        EP 60 1   14
47.00 7.00

              Total 1,43
8.48

              Profit 15% 21
5.77

              Grand Total 1
,654

                 

2 Feed - Drain Line              

1 1 1/2" TC Ferrule 5 SS 316 TC 0 1250   1,25

L 0.00

2 Valve & Tee 3         7

Machining 5.00
75.00
                 

        RM   1,2  
PRICE 50.00
75.00
        OH 5%     62.50 62.50

        Buffing 110 1 15
37.50 1.25
13.75

16
        Setting 5 1   12
25.00 5.00

        Tig 14.2 1   14
Welding 41.73 1.73

        Orbital 9.4  
Welding
- -
        Grinding 14.2 1   14
41.73 1.73

        EP 55.0 1   13
34.75 4.75

              Total 2,08
1.96

              Profit 15% 31
2.29

              Grand Total 2
,394

                 

3 Feed - Line - 2              

1 1 1/2" TC Ferrule 4 SS 316 TC 0 1000   1,00

L 0.00

2 Block 1 SS 316 75X75X75 3.5 1225 2,02

L mm 5.00
800.00
2 Elbow & Pipe 3         7
Machining 5.00
75.00
                 

        RM   2,2  
PRICE 25.00
875.00
        OH 5%     111.25 111.25

        Buffing 220 2 30
75.00 2.50
27.50
        Setting 8 2   20
00.00 0.00

        Tig 28.3 2   28
Welding 83.46 3.46

        Orbital 9.4  
Welding
- -
        Grinding 28.3 2   28
83.46 3.46

        EP 110 2   26
69.50 9.50

              Total 4,55
0.18

              Profit 15% 68
2.53

              Grand Total 5,2

32.7

17
                 

4 Feed -Line Block -1              

1 1 1/2" TC Ferrule 2 SS 316 TC 0 500   50

L 0.00

2 Block 1 SS 316 55X55X55 1.3 455 85

L mm 5.00
400.00
                 

        RM   9  
PRICE 55.00
400.00
        OH 5%     47.75 47.75

        Buffing 40 5
5.00
50.00 5.00
        Setting 2   5
0.00
50.00
        Tig 9.4   9
Welding 4.49
94.49
        Orbital    
Welding
- -
        Grinding 9.4   9
4.49
94.49
        EP 20   4
9.00
49.00
              Total 1,74
5.73

              Profit 15% 26
1.86

              Grand Total 2
,008

                 

5 Permeate Line-1              

1 1 1/2" TC Ferrule 4 SS 316 TC 0 1000   1,00

L 0.00

2 Valve & Tee 3         7

Machining 5.00
75.00
                 

        RM   1,0  
PRICE 00.00
75.00
        OH 5%     50.00 50.00

        Buffing 125 1 17
56.25 1.88
15.63
        Setting 7 1   17
75.00 5.00

18
        Tig 15.7 1   15
Welding 57.48 7.48

        Orbital 6.3  
Welding
- -
        Grinding 15.7 1   15
57.48 7.48

        EP 63 1   15
53.13 3.13

              Total 1,93
9.96

              Profit 15% 29
0.99

              Grand Total 2
,231

                 

6 Permeate Drain              
Line

1 1 1/2" TC Ferrule 2 SS 316 TC 0 500   50

L 0.00

2 3/4" TC Ferrule 1 SS 316 TC 0 130   13

L 0.00

3 Elbow & Pipe 2         5

Machining 0.00
50.00
                 

        RM   6  
PRICE 30.00
50.00
        OH 5%     31.50 31.50

        Buffing 200 2 27
50.00 5.00
25.00
        Setting 4 1   10
00.00 0.00

        Tig    
Welding
- -
        Orbital 12.6  
Welding
- -
        Grinding 0.0  
- -
        EP 100 2   24
45.00 5.00

              Total 1,33
1.50

              Profit 15% 19
9.73

              Grand Total 1
,531

                 

19
7 Permeate Line              

1 1 1/2" TC Ferrule 2 SS 316 TC 0 500   50

L 0.00

2 Elbow Machining 1         2
5.00
25.00
                 

        RM   5  
PRICE 00.00
25.00
        OH 5%     25.00 25.00

        Buffing 50 6
8.75
62.50 6.25
        Setting 2   5
0.00
50.00
        Tig    
Welding
- -
        Orbital 6.3  
Welding
- -
        Grinding    
- -
        EP 25   6
1.25
61.25
              Total 73
0.00

              Profit 15% 10
9.50

              Grand Total
840
                 

8 Retantate -Line              
Block -1

1 1 1/2" TC Ferrule 2 SS 316 TC 0 500   50

L 0.00

2 Block 1 SS 316 55X55X55 1.3 455 85

L mm 5.00
400.00
                 

        RM   9  
PRICE 55.00
400.00
        OH 5%     47.75 47.75

        Buffing 40 5
5.00
50.00 5.00
        Setting 2   5
0.00
50.00
        Tig 9.4   9
Welding 4.49
94.49

20
        Orbital    
Welding
- -
        Grinding 9.4   9
4.49
94.49
        EP 20   4
9.00
49.00
              Total 1,74
5.73

              Profit 15% 26
1.86

              Grand Total 2
,008

                 

9 Retentate Line-1              

1 1 1/2" TC Ferrule 5 SS 316 TC   1250   1,25

L 0.00

2 1/2" Pipe to 1 1/2" 1 SS 316 Reducer   350   35

Reducer L 0.00

3 Elbow & Tee 2         5

Machining 0.00
50.00
                 

        RM   1,6  
PRICE 00.00
50.00
        OH 5%     80.00 80.00

        Buffing 200 2 27
50.00 5.00
25.00
        Setting 4 1   10
00.00 0.00

        Tig 9.4   9
Welding 4.49
94.49
        Orbital 12.6  
Welding
- -
        Grinding 9.4   9
4.49
94.49
        EP 100 2   24
45.00 5.00

              Total 2,53
8.98

              Profit 15% 38
0.85

              Grand Total 2
,920

                 

10 Sip Line-1              

21
1 1 1/2" TC Ferrule 5 SS 316 TC   1250   1,25
L 0.00

2 1/2" TC Ferrule 1 SS 316 TC   120   12

L 0.00

3 Adaptor 1 SS 316 Adaptor     10

L 0.00
100.00
4 Elbow & 4         10
TeeMachining 0.00
100.00
                 

        RM   1,3  
PRICE 70.00
200.00
        OH 5%     68.50 68.50

        Buffing 130 1 17
62.50 8.75
16.25
        Setting 9 2   22
25.00 5.00

        Tig 25.2 2   25
Welding 51.97 1.97

        Orbital    
Welding
- -
        Grinding 25.2 2   25
51.97 1.97

        EP 65 1   15
59.25 9.25

              Total 2,70
5.44

              Profit 15% 40
5.82

              Grand Total 3
,111

                 

11 Sip Line-2              

1 1 1/2" TC Ferrule 2 SS 316 TC   500   50

L 0.00

2 Elbow Machining 1         2
5.00
25.00
                 

        RM   5  
PRICE 00.00
25.00
        OH 5%     25.00 25.00

        Buffing 50 6
8.75
62.50 6.25
        Setting 2   5
0.00
50.00

22
        Tig 6.3   6
Welding 2.99
62.99
        Orbital    
Welding
- -
        Grinding 6.3   6
2.99
62.99
        EP 25   6
1.25
61.25
              Total 85
5.98

              Profit 15% 12
8.40

              Grand Total
984
                 

12 Sip Line-3              

1 1 1/2" TC Ferrule 2 SS 316 TC   500   50

L 0.00

2 Pipe & Elbow 2         5

Machining 0.00
50.00
                 

        RM   5  
PRICE 00.00
50.00
        OH 5%     25.00 25.00

        Buffing 125 1 17
56.25 1.88
15.63
        Setting 5 1   12
25.00 5.00

        Tig    
Welding
- -
        Orbital 15.7  
Welding
- -
        Grinding    
- -
        EP 63 1   15
53.13 3.13

              Total 1,02
5.00

              Profit 15% 15
3.75

              Grand Total 1,1

78.8

                 

13 Manual Diaphram              
Valve 1 1/2"

23
1 1 1/2" TC Ferrule 2 SS 316 TC   500   50
L 0.00

2 Valve Machining 1         2
5.00
25.00
                 

        RM   5  
PRICE 00.00
25.00
        OH 5%     25.00 25.00

        Buffing 60 8
2.50
75.00 7.50
        Setting 2   5
0.00
50.00
        Tig    
Welding
- -
        Orbital 9.4  
Welding
- -
        Grinding    
- -
        EP 30   7
3.50
73.50
              Total 75
6.00

              Profit 15% 11
3.40

              Grand Total 8
69.4

                 

14 Manual Diaphram              
Valve 1"

1 1 1/2" TC Ferrule 2 SS 316 TC   500   50

L 0.00

2 Valve Machining 1         2
5.00
25.00
                 

        RM   5  
PRICE 00.00
25.00
        OH 5%     25.00 25.00

        Buffing 45 6
1.88
56.25 5.63
        Setting 2   5
0.00
50.00
        Tig    
Welding
- -
        Orbital 6.3  
Welding
- -

24
        Grinding    
- -
        EP 22.5   5
5.13
55.13
              Total 71
7.00

              Profit 15% 10
7.55

              Grand Total 82
4.55

                 

15 Manual Diaphram              
Valve 1/2"

1 1/2" TC Ferrule 2 SS 316 TC   240   24

L 0.00

2 Valve Machining 1         2
5.00
25.00
                 

        RM   2  
PRICE 40.00
25.00
        OH 5%     12.00 12.00

        Buffing 15 2
0.63
18.75 1.88
        Setting 2   5
0.00
50.00
        Tig    
Welding
- -
        Orbital 3.1  
Welding
- -
        Grinding    
- -
        EP 8   1
8.38
18.38
              Total 36
6.00

              Profit 15% 5
4.90

              Grand Total 4
20.9

16 Sip Line-4              

1 1 1/2" TC Ferrule 3 SS 316 TC   750   75

L 0.00

2 Pipe,tee& Elbow 3         7
Machining 5.00
75.00
                 

25
        RM   7  
PRICE 50.00
75.00
        OH 5%     37.50 37.50

        Buffing 124.00 1 17
55.00 0.50
15.50
        Setting 5 1   12
25.00 5.00

        Tig 9.4   9
Welding 4.49
94.49
        Orbital 6.3  
Welding
- -
        Grinding 9.4   9
4.49
94.49
        EP 62 1   15
51.90 1.90

              Total 1,49
8.88

              Profit 15% 22
4.83

              Grand Total 1,7

23.7

                 

                 

                 

                 

                 

                 

                 

                 

  ABSTRACT              
B19459

S DESCRIPTION QTY PRICE/ TOTAL        

L UNIT
#
1 Feed - Line -1 1 1,6 1,        
54.25 654.25

2 Feed - Drain Line 1 2,3 2,        

94.26 394.26

3 Feed - Line - 2 1 5,2 5,        

32.71 232.71

4 Feed -Line Block -1 1 2,0 2,        

07.59 007.59

26
5 Permeate Line-1 1 2,2 2,        
30.95 230.95

6 Permeate Drain 1 1,5 1,        

Line 31.23 531.23

7 Permeate Line 1 8        
39.50
839.50
8 Retantate -Line 1 2,0 2,        
Block -1 07.59 007.59

9 Retentate Line-1 1 2,9 2,        

19.82 919.82

10 Sip Line-1 1 3,1 3,        

11.25 111.25

11 Sip Line-2 1 9        
84.38
984.38
12 Sip Line-3 1 1,1 1,        
78.75 178.75

13 Manual Diaphram 2 8 1,        
Valve 1 1/2" 69.40 738.80

14 Manual Diaphram 3 8 2,        
Valve 1" 24.55 473.65

15 Manual Diaphram 1 4        
Valve 1/2" 20.90
420.90
16 Sip Line-4 1 1,7 1,        
23.71 723.71

                 

      TOTAL 32,        
449.33

    TESTING          
200.00
    ENGRAVI          
NG
600.00
    TRANSPO          
RTATION
400.00
    ASSEMBL          
Y
500.00
    DOCUME          
NTATION
600.00
    BOROSCO   5,        
PE 000.00

    TOTAL   7,        
300.00

    PROFIT   1, OB 5,0    
15% 095.00 00.00

    GRAND   40        
TOTAL ,844

    TOTAL   35 WITHOUT OB      
,844

        35, WITHOUT OB      
844.33 &EP

27
  STD RATES     33851 RK      

  3/4" Elbow 150 PER          

PIECE

  1/2" Elbow 120 PER          

PIECE

  1 " Elbow 350 PER          

PIECE

  1 1/2" Elbow Long 650 PER          

PIECE

  2 " Elbow 750 PER          

PIECE

  2 " to 1 " Pipe 1200 PER          

Reducer (Concentric) PIECE

  1 1/2 " to 1 " Pipe 950 PER          

Reducer (Concentric) PIECE

  PIPES              

  2 " Pipe 2500 PER          

50.8x1.65mm METER

  1 1/2 " Pipe 38.1mm 1200 PER          

METER

  1 " Pipe 25.4mm 760 PER          

METER

  3/4" Pipe 19mm 620 PER          

METER

  1/2 " Pipe 12.7mm 480 PER          

METER

  TC FERRULES              

  3/4" TC Ferrule 130 INR/Pc.          

  1/2" TC Ferrule 120 INR/Pc.          

  1" TC Ferrule 225 INR/Pc.          

21.5mm

  1 1/2" TC Ferrule 250 INR/Pc.          

21.5mm

  1 1/2" TC Ferrule 275 INR/Pc.          

28mm

  2" TC Ferrule 350 INR/Pc.          

                 

  SS316L BLOCK 350 INR/KG          

  CUTTING 10 INR/CU          
T

  BUFFING 1.25 INR/SQ          

IN

28
  EP & 2.45 INR/CU Rs 1.85 for Rs 0.6for      
PASSIVATION IN EP passivation

  ORBITAL 0 INR/IN With out        

WELDING CH boroscope

  TIG WELDING 10 INR/IN          

CH

  PIPE MACHINING 25 Per Joint          

CHARGES

  SETTING 25 Per Joint          

CHARGES

  WELD GRINDING 10 INR/IN          

CH

                 

29
 Chapter 4
Improvement in Billing Process

4.1. Billing Process

Billing invoice process was restricted to first 2 day of the as remaining day customer
can utilize for clearance which basically improve the process of billing.

30
4.1. 2010 1st quarter data base

31
Order OA No. so to OA so to france invoice oder date
No Date france invoice received to awb
invoice date to mipl to
date received awb
mipl

106632   0 34 0 0 34

106624 17586613 0 11 2 0 13

106616 17587269 3 8 2 0 13

106591 17566174 3 10 1 0 14

106590 17565909 3 10 1 0 14

106589 17565809 3 10 1 0 14

106588 17565788 3 10 1 0 14

106587 17565936 3 10 1 3 17

106585 17566094 3 11 3 0 17

106576 17546667 0 9 1 3 13

106574 17546755 1 20 1 0 22

106573 17545252 1 15 1 0 17

106571 17545447 1 15 1 0 17

106570 17540312 0 7 1 0 8

106569 17544117 1 13 1 9 24

106568 17540409 0 11 3 0 14

32
106543 17513986 3 17 1 0 21

106542 17513788 3 30 1 5 39

106540 17509678 0 11 1 0 12

106536 17508127 1 11 1 0 13

106530 17502726 1 5 1 0 7

106529 17502774 1 5 1 0 7

106528 17502749 1 5 1 0 7

106527 17502708 1 5 1 0 7

106522 17502125 2 5 1 0 8

106522 17502125 2 15 3 0 20

106521 17502175 2 28 1 0 31

106520 17502150 2 5 1 0 8

106519 17502192 2 5 1 0 8

106519 17502192 2 15 3 0 20

106517 17502202 2 5 1 0 8

106517 17502202 2 28 0 4 34

106516 17508308 3 11 1 0 15

106512 17493974 0 24 3 0 27

33
106497 17492981 4 27 1 0 32

106487 17478197 2 7 1 0 10

106483 17472700 1 9 3 1 14

106475 17465121 4 17 5 0 26

106468 17450758 1 23 4 0 28

106461 17445675 1 34 1 0 36

106455 17450534 6 23 4 0 33

106451 17428941 1 11 #VALUE! #VALUE! #VALUE!

106449 17402775 0 61 2 0 63

106445 17418126 0 8 1 0 9

106427 17406999 1 13 4 0 18

106416 17402843 1 33 1 0 35

106409 17391568 1 9 1 0 11

106407 17391845 1 7 13 0 21

106406 17414325 10 9 1 0 20

106405 17414225 10 2 1 0 13

106404 17414246 10 2 1 0 13

106403 17414268 10 2 1 0 13

34
106402 17414301 10 9 1 0 20

106398 17385527 7 12 1 0 20

106395 17371318 0 23 3 0 26

106383 17363771 0 21 2 0 23

106371 17355263 2 14 4 0 20

106370   2 14 4 0 20

106369 17350080 1 15 4 0 20

106361 17344114 1 50 6 1 58

106339 17307583 5 16 11 0 32

106334 17303763 3 37 3 0 43

106333 17303762 3 37 3 0 43

106332 17303758 3 37 3 0 43

106323 17296443 0 90 1 1 92

106315 17295075 1 22 2 0 25

106311 17290560 3 21 1 0 25

106310 17296405 4 45 3 0 52

106296 17279833 1 39 7 0 47

106291 17280652 2 27 1 0 30

35
106286 17274717 1 22 8 0 31

106278 17299093 13 49 4 0 66

106277 17428832 3 56 16 1 76

106273 17264106 4 74 0 0 78

106272 17264791 4 28 1 0 33

106270 17276470 6 72 3 0 81

106261 17266018 2 47 1 0 50

106233 17209905 1 41 5 3 50

36
Average = 36.66666667 days, which is slightly higher than company standard.

Annexures

COMERCIAL DEPARTMENT STRUCTURE

Broadly, Supply Chain

37
 Bibliography

 http://fcamin.nic.in/dfpd_html/tpds.htm
 www.kfcsc.com/deptoffood.ppt
 http://fciweb.nic.in/distribution_foodgrains/distribution_of_foodgrains.htm
 http://pdscvc.nic.in/report%20on%20computersisation%20of%20PDS.htm
 http://www.maharashtra.gov.in/english/food/schemes2Show.php#rat
 http://fcamin.nic.in/dfpd/EventDetails.asp?
EventId=21&Section=PDS&ParentID=0&Parent=1&check=0
 http://fcamin.nic.in/dfpd_html/monthly_foodgrain_bulletin.htm
 http://fcamin.nic.in/dfpd_html/tpds.htm
 http://www.maharashtra.gov.in/english/food/schemesKerosene.php
 http://www.maharashtra.gov.in/english/food/schemesLevySugar.php
 http://www.maharashtra.gov.in/english/food/schemes4Show.php#food
 http://www.maharashtra.gov.in/data/gr/english/2010/05/07/20100507132806001.pdf

38
 http://siteresources.worldbank.org/INDIAEXTN/Resources/Reports-Publications/Access-
Of-Poor/KeroseneLPG.pdf
 http://yavatmal.nic.in/food.htm

39
40