how to make low receivable days for receipts

May 29th, 2015
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This report gives indepth view about the Power Loom Industries function and various processes which basically manufactures cloth from yarn. In this report I have choose one powerloom factory named S.L Fashion which is being owned by my good friend Mr Lakshyank Chevli who own a 60 powerloom factory in Surat, Gujarat, India.

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1. Executive SummaryThe melamine product manufacturing sector is still in its growth stage. However, the concept of manufacturing melamine products aims to reach current target group as well as higher middle class people, corporate sector and exporting internationally. That is why the crucial task of creating the appropriate culture and educating the customers about the quality and design of our products will be the top priority of our business. We will differentiate our product by ensuring improved quality than the market is serving now but at a lower cost because of our new technology at the price that market is charging. Again, we will come with unique and attractive design and some sort of customization to grab the higher middle class people, corporate sector and exporting.The land for establishing the factory is owned by the partners will be leased. All the other requirements like machine and others will be purchased by the business. However, political instability, local intruders, inexperienced employees and customers, unawareness about the manufacturing firm of melamine products would play a crucial role to defy the whole venture. Nevertheless, with rigorous direct selling and advertisement, a culture towards using melamine products and awareness building will be done. As a manufacturing firm, Exotica Melamine needs to create a strong, pro-active and effective human resource base. As the long term strategy, Exotica Melamine Ware visualizes to be a global brand. A

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