A Synopsis on

“A Study on production and inventory control,

In partial fulfillment of the Requirement for the award of the degree

Of

Master of Business Administration (MBA)

Submitted By
Mr. Swaraj Aryan Singh
PRN No. 2018017000481934

Under the Guidance of

Through
The Coordinator
Study Centre code- 3133A
Chetana College.
 1. INTRODUCTION
This study examines the intricacies of production, inventory control, procurement, and distribution
processes at M/s EXEMED PHARMACEUTICLAS PVT. LTD, a leading manufacturer of medicinal
products. Through a comprehensive analysis, it explores the interrelationship between these vital
functions and their impact on the company's operational efficiency and competitive advantage. By
analysing the interplay between these functions, this study identifies key dependencies and the
ripple effects of changes in one area on others. Challenges faced by organization are discussed,
along with opportunities for improvement and growth.

This study underscores the importance of integrating production, inventory control, procurement,
and distribution functions for achieving organizational goals and maintaining competitiveness in the
market

M/s EXEMED PHARMACEUTICLAS PVT. LTD

EXEMED was incorporated in 2009 by Mr. Dushyant Patel and his family members. The Vadodara,
Gujarat-based firm manufactures APIs and pharmaceutical formulations.

M/s EXEMED Pharmaceuticals Pvt. Ltd. EXEMED is a venture being initiated by a business group
involved in manufacturing of Drug-intermediates & specialty chemicals, for more than three
decades, having a reputation for high quality & reliability.

M/s SOVEREIGN PHARMA PVT. LTD

SOVEREIGN Pharma was established in 2003 as a Contract Manufacturing Organization (CMO) with
a strong focus on manufacturing high quality injectable for pharmaceutical companies worldwide.

SOVEREIGN Pharma focused and WHO-GMP certified manufacturing facility for terminally sterilized
as well as aseptically filled injectable in Ampoules, Vials (Liquid and Lyophilized), Pre-fill Syringes and
Sterile Pre-Crimped Cartridges.
 2. IMPORTANCE AND SIGNIFICANCE OF STUDY
In the contemporary global market, efficient operations management is pivotal for the success and
sustainability of manufacturing enterprises across diverse industries. This holds particularly true for
companies involved in the production of critical medical supplies such as medicine.

The production of medicine involves a complex interplay of various operational functions including
production, inventory control, procurement, and distribution. Each of these functions is intricately
linked, forming the backbone of operations. Understanding and optimizing these operational
processes is essential not only for ensuring the timely delivery of high-quality products but also for
maintaining competitiveness in the marketplace.

This study aims to delve into the operational dynamics of organization, focusing on the critical areas
of production, inventory control, procurement, distribution, and their interrelationships. By
examining these aspects in detail, we seek to gain insights into the company's operational strategies,
challenges, and opportunities for improvement. Furthermore, by analysing the interdependencies
among these functions, we aim to uncover potential synergies and areas for optimization that can
enhance overall operational efficiency and performance.

For better analysis of production and inventory control, procurement, distribution and their
interrelationship, I suppose to look out all operation factor of company and necessary to study short
description about company profile.

M/s EXEMED PHARMACEUTICLAS PVT. LTD

EXEMED was incorporated in 2009 by Mr. Dushyant Patel and his family members. The Vadodara,
Gujarat-based firm manufactures APIs and pharmaceutical formulations.

M/s EXEMED Pharmaceuticals Pvt. Ltd. EXEMED is a venture being initiated by a business group
involved in manufacturing of Drug-intermediates & specialty chemicals, for more than three
decades, having a reputation for high quality & reliability.

EXEMED offers end to end solutions starting from Intermediates, APIs to Finished formulations with
a strong R&D team and world class manufacturing infrastructure.

There have good coordinator for inventory control against finish goods as well as Raw materials &
Packing materials along with engineering parts. They running there works according to SOP
implemented and on cGMP base.

M/s SOVEREIGN PHARMA PVT. LTD

SOVEREIGN Pharma was established in 2003 as a Contract Manufacturing Organization (CMO) with
a strong focus on manufacturing high quality injectable for pharmaceutical companies worldwide.

We are a quality focused and WHO-GMP certified manufacturing facility for terminally sterilized as
well as aseptically filled injectable in Ampoules, Vials (Liquid and Lyophilized), Pre-fill Syringes and
Sterile Pre-crimped Cartridges With a production capacity of around 350 million pieces per
annum, SOVEREIGN manufactured and sold over 1 billion injections by number of doses, in the year
2017-2018

To cope with the needs of the ever-evolving pharmaceutical industry, SOVEREIGN, not shy of
investing, continuously upgrades, by improving on our facilities and systems. They recently have
successfully implemented SAP, LIMS, QMS and DMS*, at our manufacturing site, in order to further
strengthen our already robust quality system.

SOVEREIGN has four manufacturing suites, three containing Ampoule lines, one containing a Vial
line, (with a lyophilized) and a dedicated machine for Ready-to-Fill Syringes and Cartridges.

3. OBJECTIVE OF STUDY
The objective of a study on production and inventory control, procurement, and distribution, and
their interrelationships is to analyze and optimize the flow of materials within a supply chain by
examining how production planning, inventory management, purchasing activities, and distribution
processes interact with each other, aiming to minimize costs, improve efficiency, and ensure timely
delivery of products to meet customer demand; essentially seeking to identify areas for
improvement across these interconnected functions to streamline operations and maximize overall
supply chain performance.

 Production work flow: Production work flow is terms where raw materials with including
intermediate and ingredient are to be converted finish goods by applying production tools
and method.
 Inventory Management Concept: Inventory Management ensures that organization
maintain sufficient stock level to meet customers’ demands.
 Inventory Management and Financial Performance: cost control remains a vital tool in
ensuring sustainability in the market. Inventory management is seen as an important
mechanism that ensures control in an organization financial statement, in this fast growing
market.
 Inventory Management and Customer Satisfaction: Customer satisfaction is the customers’
perception about the organization activities that meet or surpass their expectation on
products and services in a given period.
 Procurement Practices: Procurement functions/practices consist of two categories such as
hard and soft. Procurement functions are only performing to maintain their inventory for
their production and as well as financial benefit with competitive market.
 Procurement Practices and Financial Performance: To be the best among competitors and
better prepare for long term progress, organizations should incorporate the best
procurement practices such as supplier development, value engineering, cost management,
strategic sourcing and supplier integration to its operations.
 Procurement Practices and Customer Satisfaction: In the present days, the development of
information system and technology has changed the practices of procurement strategy. A
traditional procurement tends to be inefficient and ineffective strategy in term of high costs
 of procurement activities and low responsiveness on customer. Thus, electronic
procurement currently becomes a trend for most organizations.
 Distribution and there interrelationship: Distribution in organizations lead to required
RM/PM/MM provide to respective internal department referenced for production run.
Secondly, distribution and there interrelationship also occurs in customer delivery /
satisfaction. They followed generally first come, first serve distribution method.

4. Hypotheses
M/s Exemed Pharma Pvt Ltd is very much capable to maintain & sustain their operation
and business policy they are executing their operation since long time and contributing
their effort in india

M/s Sovereign Pharma Pvt Ltd is very much capable to maintain & sustain their operation
and business policy they are executing their operation since long time and contributing
their effort in India.

5. RESEARCH METHODOLOGY
Research means “know about new things”. Sometimes, it may refer to scientific and systematic
search pertinent information on specific topic. In fact research is an art of scientific investigation.

The primary purpose for applied research (as opposed to basic research) is discovering,
interpreting, and the development of methods and systems for the advancement of human
knowledge on a wide variety of scientific matters of our world and the universe. Research can use
the scientific method, but need not do so. Research can also be said as a process that is followed by
a person to answer either his/her own queries or somebody else queries about a particular object,
person, subject etc.

Research methodology used in this research is through DATA COLLECTION, ANALYSIS and
through various researches of these two companies. Journal, magazines and various books are also
used for research. Particularly for these two company I am using online & digital sources for
research.

M/s EXEMED PHARMACEUTICLAS PVT. LTD

Data collection: Data collections are consist of two types.

 Primary Data
 Secondary Data
 Primary data: In this descriptive researches we will obtain primary data through observation
or through direct communication with respondent in one form or other.

 Secondary data: Secondary data refers to data that is collected by someone other than the
user.
  Press release
 News update sources
 Journals & Magazines
 Company website
 Forums
 Other websites Keeping record of company profile
 Company’s operational report, SOP.
 Through visiting company premises and collecting data
personally and obtaining information which are not available
otherwise. (As i have business contact in company it is possible
to gather information which are not available at any other
pupates

DATA ANALYSIS:
 Data are to be collected from company’s website.
 Books and journals related to inventory and Production.
 Trend Analysis
 Ratio analysis
 Daily working scenario
 SOP update and apply
 Production machine
 Production staff
 Machine facility and there performance
 Inventory module
 Warehouse & Store SOP.

M/s Sovereign Pharma Pvt. Ltd

Data collection:

 Primary data: In this descriptive researches we will obtain primary data through observation
or through direct communication with respondent in one form or other.

 Secondary data: Secondary data refers to data that is collected by someone other than the
user.
 Press release
 News update sources
 Journals & Magazines
 Company website
 Forums
 Other websites Keeping record of company profile
 Company’s operational report, SOP.
 Through visiting company premises and collecting data
personally and obtaining information which are not available
otherwise. (As i have business contact in company it is possible
 to gather information which are not available at any other
pupates

DATA ANALYSIS:
 Data are to be collected from company’s website.
 Books and journals related to inventory and Production.
 SOP update and apply
 Production machine
 Production staff
 Machine facility and their performance
 Inventory module
 Warehouse & Store SOP.

CONCLUSIONS
M/s Exemed Pharmaceuticals Pvt. Ltd:

With two decades of manufacturing experience behind, the Company transformed into multi-
QTY, multi-location cGMP complaint and quality oriented product with the country of the art
facilities.

Basically EXEMED are manufacturing pharma product (Tablet as Finish good) EXEMED also dealing in
API’s product on large proportion with bulk quantity.

Unit processes for milling, sieving, blending, micronizing and packing area are well in place. As a part
of the pre-approval processes, these facilities have been inspected and approved by large end users,
customers, who are rated amongst the largest companies in the world.

The whole operation of this company is working with according SOP agreed. As one the best
Pharmaceuticals they have large proportion capacity of production with different different product.

They manufacturing tablet in strip packing and as well as blister packing.

It’s very nice to say that they have more than 100 CR turnover while they are working with P2P and
LL party’s base.

M/s Sovereign Pharma Pvt. Ltd:

This is quality focused and WHO-GMP certified manufacturing facility for terminally sterilized as well as aseptically fille
With a production capacity of around 350 million pieces per annum, SOVEREIGN manufactured and sold over 1 billion

To cope with the needs of the ever-evolving pharmaceutical industry, SOVEREIGN, not shy of investing, continuously

SPPL Group of companies.

SCHOTT KAISHA PVT. LTD.

The company was established in 1991 as a premium manufacturer of pharmaceutical containers made of neutral glas
In 2008, it started cooperation with the international technology group SCHOTT. The Indo-German joint venture is a le
“one stop shop” solution for the entire range of small volume tubular glass parenteral packaging including ampoules,
ready-to-fill solutions.

A privately-owned company established in Mumbai, India with the sole purpose of developing high quality medication
end equipment enabling the development of a wide and complex range of products.

SHAKAI PACKAGING PVT. LTD.

A premium manufacturer of a large variety of aluminium seals for injection vials and plastic articles for the pharmaceu
quality closures at affordable prices, SHAKAI also offers several custom-made solutions that can be developed in-hous

SOVEREIGN has four manufacturing suites, three containing Ampoule lines, one containing a Vial line, (with a lyophiliz
Cartridges.

All four suites are independent of each other, starting from the issue of primary packaging materials all the way to the

These suites are equipped with dedicated AHU’s, pre and post autoclaves, integrated washing, depyrogenation, filling
and final packing machines.
 LIMITATION OF STUDY
 The study is restricted for a period of three years
 2018 – 2019
 2019 - 2020
 Assumed that 2 years are a responsible period to get fault accurate picture policies and
practices of management of the company
 Due to the inadequate time it is not possible to analyze all respects relevant to the study
 The analysis is based on annual reports of the company
 Authorities were reluctant to reveal full information about the working of the Company.
 The authentication of research is mainly depending on the i formations available on various
platforms.

6. Chaptalization
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factory workers and the effects of imbalance. International Journal of Social Sciences &
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plant execution”