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Title of the Project “ Management of PVC Pipe and Hardware shop” Class B.Com final year, Sem- VIth Project report submitted to Royal Institute of Management and Advanced Studies Page 1 of 47

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Page 1: Pvc Pipe and Hardware (Em)

Title of the Project“ Management of PVC Pipe and

Hardware shop”

ClassB.Com final year, Sem- VIth

Project report submitted to

Royal Institute of Management and

Advanced Studies

Signature (Guide):…………… Signature (Student):

…………

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Name of the Guide : Prof Amit Sharma Name of

Student: Rishabh Agrawal

Student’s Roll No:

13134034

Declaration of the Student

I Rishabh Agrawal certify that the project report entitled

“Management of PVC pipe and Hardware shop” prepared by me

is my personal and authentic work under the guidance of Prof.

Amit Sharma.

Date : Signature :

Place : Name : Rishabh Agrawal

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Class : B.Com VI th Sem

Roll No.:13134034

Mob.No.: 9926866918

Guide Declaration

I certify that the project report entitled “Management of PVC

pipe and Hardware Shop” has been prepared by Rishabh Agrawal

Class B.Com. VI Sem under my supervision and bears the result of

his original work.

Date : Signature :

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Place : Name : Prof. Amit Sharma

Designation : Asst. Professor

College: Royal College, Ratlam

Acknowledgement

I Rishabh Agrawal Student of B.Com final year great fully

acknowledge the valuable contribution of various people related to

my project report.

I my deepest regard & gratitude to our college Administrator

Dr.Ubed Afzal. Heartfelt & sincere thanks to Head of our

department & guide Prof Amit Sharma.

The Support of entire staff of the institute where I have

worked has helped me a lot in growing in reason & understanding.

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So, I shall like to pay my special thanks to the staff member of

Swayed Institution.

Rishabh Agrawal

B.Com VIth Sem

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Index

S.No. Contents Page No.

A-1 Project Title : Management of PVC pipe shop 6

2 Project related to Self employment 6

3 Inspiration behind the project 6

4 Qualification required 6

5 Higher Education for PVC pipe shop 7

6 Training need for project-work 7

7 Procedure of Establish & Registration of PVC

pipe and Hardware shop

8

8 Management of PVC pipe and Hardware shop 11

9 Existing problems in Hardware shop 17

10 Solution for above problem 17

11 Future challenges and their solution 25

12 Future aspects of logistics 28

B-1 Experience of the Student 31

2 Guidance of the Guide 31

3 Result ( I sem to V sem ) 32

Title of the project -

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Management of PVC pipe and Hardware shop

Object behind the selecting this project-work

My family already manage the PVC pipe shop. I am also very much

interested to do this work. So I select the project-work management

of poultry.

Project related to self employment.

Who is inspire to select this project-My family and my guide Prof. Amit Sharma.

Minimum Qualification -

Courses and educational/ Higher Education

requirements

Educational - No specific education required for

establish poultry farm house. If you are graduate then

easily manage the poultry farm.

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Technical- No particular technical education required.

Experience- Fresher also establish the poultry farm.

Extra / Higher Education required-

The above key factors have given rise to many courses that

range from Diploma to Postgraduate that specializes in

online travel business too. The one who take up Post-

graduate like MBA. The candidate who has strong

technical background along with poultry farming will have

an added advantage, coupled with skills to interpret the

demand in this industry.

Information about training-

No particular training required for poultry farming. Some

basic knowledge is sufficient.

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Procedure of Establish & Registration of PVC pipe and Hardware shop

The hardware store business is an ideal start-up business because it is

extremely profitable. To generate revenue quickly, you must know what

you are getting into. This article offers tips on how to open a hardware

store business.

Hardware stores provide consumers with tools and construction

materials needed to build, maintain, and improve their homes and

properties.

Examples of home improvement merchandise are as follows:

automotive supplies, building materials, electrical supplies, hand and

power tools and accessories, hardware, home decorating products,

house wares, lawn and garden items, lumber, paint/paint sundries,

plumbing/heating/cooling products, sporting goods and more.

If you are thinking of starting your own hardware store then now is the

best time to do so. Why? The demand for retail stores of this nature

have grown tremendously because of the upsurge of the do-it-yourself

phenomenon.

To help you in this endeavor, enumerated below is list of things a

hardware store owner must know:

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Advertise your retail hardware store aggressively, and if you can,

try to establish a low-price image and put emphasis on

convenience shopping.

Before jumping in the water, make sure you know how to swim.

Ask yourself if you have sufficient experience to start and operate

a hardware store.

If you are considering buying a previously owned hardware store,

make sure you know the reason why the business is being sold.

Try to find out how the sales volume for the store is, is it high or

low? And the reason behind it. Also, check out the market price to

see if the owner gave you a fair figure. Don’t forget to negotiate

to get a better deal.

In choosing a location to open a hardware shop, consider the

following factors: the neighborhood’s prospect for growth, the

age and income of your customer base, the amount of competition

in the area, and the accessibility of the area.

Study the competition in the area. Find out the strengths and

weaknesses of the other players in the locale. Find out how you

can compete with them.

The average size of a typical independent hardware store is

between 20K to 30K square feet or larger. Maximize the full use

of your space by installing a lot of shelving and display cases.

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The more items your browsing patrons come into contact with,

the better. This will translate to additional sales for you.

The perception that this industry is dominated by big players is

just that, a perception. Although retail chains are important in this

industry, in no way do they control the total retail distribution

channel. They may have the bigger market share but small to mid-

size hardware stores do enjoy their own portion of the consumer

pie. In fact, studies reveal that independent hardware stores can

compete successfully with the large chains. In some cases,

consumers find them better than corporate chains because of their

personalized approach.

You can get your stock from three sources. One, full line

hardware wholesalers, two direct from the manufacturers, and

three, secondary or specialty distributors. The usual avenue

chosen by most independent hardware store owners is via

wholesalers. When affiliating with wholesalers, you get to receive

marketing and advertising support as bonus.

Your target market would be the local community. As such, your

inventory of products must be geared to cater to their preference

and needs. Ensure satisfactory customer care by providing

personal service and hiring/training your staff to make them

leaned in the field of home improvement and construction.

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MARKET OF PVCVinyl’s low cost, versatility, unique set of properties and performance makes it the material of

choice for dozens of industries such as health care, communications, aerospace, automotive,

retailing, textiles and construction. In the product form it can be as rigid as a pipe or as pliable

as a plastic wrap. Over the past few years the market for PVC is on a steady rise. The major

driver for the growth is the increased penetration of PVC in insulation cables and pipes.

However, the building and construction industries are the basic marketplaces for pipe and the

pipe industry usually finds itself firmly ensconced among those boom and bust industries which

ride the coattails of our nation's economic fortunes. Another factor of growth in PVC pipes is

innovations in pipe resins, pipe structures and pipe processing technology.

In the global market PVC pipes and fittings constitute the largest volume application at 36% of

the marketplace. Worldwide demand for these pipes is forecasted to increase more than four

percent per year through 2007.

In the European pipe market, plastic pipes rank first among other materials

and globally plastic pipes are used at about 54% of the total pipes used.

Polyvinyl chloride (PVC) takes the lion's share at around 62% of the global

market. Polyethylene (PE) has 33.5%, while polypropylene (PP) takes about

4.5%. In Europe, 1.5 million tons of PVC was used in 2002 to make pipes.

Similarly in case of USA pipe demand is projected to grow 2.5% annually to

15.5 billion feet in 2007.

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Plastics

Plastic pipes penetrating a concrete floor in a Canadian highrise

apartment building.

The term "plastics" covers a range of synthetic or semi-

synthetic organic condensation orpolymerization products that can be

molded or extruded into objects, films, or fibers. Their name is derived

from the fact that in their semi-liquid state they are malleable, or have

the property of plasticity. Plastics vary immensely in heat tolerance,

hardness, and resiliency. Combined with this adaptability, the general

uniformity of composition and lightness of plastics ensures their use in

almost all industrial applications today.

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Building products

In the market place the term "building products" often refers to ready-

made particles/sections, made from various materials, that are fitted in

architectural hardware and decorative hardware parts of a building. The

list of building products excludes the building materials used to

construct the building architecture and supporting fixtures, like

windows, doors, cabinets, etc. Building products, rather, support and

make building materials work in a modular fashion.

"Building products" may also refer to items used to put such hardware

together, such as caulking, glues, paint, and anything else bought for

the purpose of constructing a building.

Ultra Tech Cement -

UltraTech is India's largest exporter of cement and clinker spanning

export markets in countries across the Indian Ocean, Africa, Europe

and the Middle East. UltraTech and its subsidiaries have a presence in 5

countries through 11 integrated plants, 1 white cement plant, 1

clinkerisation plant, 15 grinding units, 2 rail and 4 coastal terminals and

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101 RMC plants. Most of the plants have ISO 9001, ISO 14001 and

OHSAS 18001 certification. In addition, two plants have received ISO

27001 certification and four have received SA 8000 certification.

The certification process is currently underway for the remaining

plants. The company exports over 2.5 million tonnes per annum, which

is about 30 per cent of the country's total exports. UltraTech's products

include Ordinary Portland cement, Portland Pozzolana cement and

Portland blast-furnace slag cement.

Grasim -

Grasim entered into cement business in 1985 with a capacity of 0.5

million TPA. Over the years, through organic and inorganic

expansions, the business has grown multifold. Currently, Grasim’s

subsidiary UltraTech Cement Limited ("UltraTech") has a capacity of

52 million TPA. Earlier, in July 2004, Grasim acquired a majority stake

and management control in UltraTech.

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One of the largest-of-its-kind in the cement sector, this acquisition

catapulted Grasim to the top of the league in India. Subsequently,

Grasim demerged its cement business into UltraTech in July 2010. The

merger has created the largest cement company in India, providing a

platform that will help in pursuing aggressive growth going forward.

Grasim's subsidiary UltraTech Cement has 11 integrated plants, 11

grinding units, 4 bulk terminals and 101 RMC plants  in India. Star

Cement, UltraTech’s subsidiary, with a capacity of 3 Mn. TPA has

operations in UAE, Bahrain and Bangladesh. 

All the plants are located close to sizeable limestone mines and are

fully automated to ensure consistent quality. All units use state-of-the-

art equipment and technology and are certified with ISO 9001 for

quality systems and ISO 14001 for environment management systems.

Leveraging the strong equity and goodwill of the house mark, the

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company has a strong national brandUltraTech Cement under

the Aditya Birla Group logo. 

UltraTech Cement is the largest producer of white cement and a leading

player in ready mix concrete (RMC) in India.

Branded as "Birla White", the white cement division manufactures

world-class white cement in a variety of textures and finishes. It has

applications in floorings and exterior wall finishes, apart from other

innovative uses. The division also manufactures value added products

like putty, GRC etc., which are used in wall finishing and

various architectural applications.

UltraTech is a voluntary member of the Cement Sustainability Initiative

(CSI), which is the apex for the cement industry globally to establish

common measures, share best practices and exchange data relating to

environmental impact.

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This list will let you know what qualities should manage

of the shop –

SELF RELIANCE-

It means confidence trust in oneself. It has been called self-respect,

self-esteem, self-confidence. It is the ability to trust yourself, to

possess a trusting mentally. It is really a trusting mentality.

POSITIVE –

Thinks positively and enthusiastically about people. Encourage

others also to be positive.

COMMUNICATION –

Share with other in a manner that encourage two way

communication. Communication personal thought & feeling on a

wide spectrum of issues and can listen to student & staff in an

empathetic manner, assuring each that conversations will be held

in confidence.

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ORGANIZED –

Make efficient use of time & move in a planned & systematic

direction. Can think in term of how organization can be beneficial

to those served.

MOTIVATIONAL-Enthusiastic with

standard & expectation for

students & self-understand the

intrinsic motivations of

individuals & known what it is

that motivates self. Takes action in constructive ways.

COMPASSIONATE –

Caring impathetic and able to respond to people at a feeling

level. Open with personal thought & feeling encouraging other to

do like wise know & understand the feeling of staff & customer.

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FLEXIBLE –

Willing to alter plans and direction in a manner, which assists

people in moving towards their goals . Seeks to reason out

situations with customer & staff in a manner that allows all people

to move forward in a positive direction.

CREATIVE :

Versatile, innovative & open to new ideas strives to

incorporate technique & activities that enable self to have unique

& new growth experience.

INDIVIDUALLY PERCEPTIVE –

See each staff member as a unique & valuable individual

looks for the differences among staff member. Quickly diagnoses

staff member difficulties & assists in management of individual

situation.

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SENSE OF HUMOR –

Know how to take the tension our of tight situations. Uses

humor spontaneously in a tasteful manner. Builds togetherness in

staff room with humor.

DURING MY PROCECT WORK I NOTICED THE

FOLLOWING POINTS –

1) EMPATHY-

This is the ability to stand in some one else’s shoes & see it. Do

not confused it with sympathy, which is much more like sorry that

some one does not experience the things as you do. It is very

important for manage the staff to understand the mortal makeup of

customer so that the manager could easily analysis the stamina &

the necessicities of the staff. Empathy is a mixture of listening

observation & respect for the other.

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2) RESPECT –

This means letting a person be it means bring willing to let them

get on with their live without their having to change to please you.

It mean developing respect for others.

Respect means accepting the other person even though you

may have different opinion for the some things.

3) CONGRUENCE –

It is another way to saying be real that is have respect for what

you are , have positive regards for yourself. It means being aware

to how you feels what you want & developing the ability &

willingness to let other know their wishes & feeling.

4) Learning to listen

5) Do not ask too many question but

ask open questions

6) Share what you noticed

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7) Provide invitation to talk.

PROBLEM DURING WORK &

SUGGESTION TO SOLVE -

“Problem means difficulty”

“Struggle in this content may be defined as the act of wrestling

with difficulties trails and tribe ( actions, so as to come out of them

victoriously”

ACCEPT DIFFICULTIES AS A CHALLENGE –

Difficulties / Problem are meant to rouse not dishearten to make

us better not bitter. Take them as a challenges. The battle of life

must necessarily be fought up hill. If there were no difficulties there

would no stress.

“To strive to seek , to find & not to yield.”

Management is word formed by joining two word manage +

ment, which means to work in systematic order, it is science as well

as an art. Difficulties are to be dealt with not evaded. They cannot

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be solve by running away from them, we showed try to solve them

by making various strategies.

Stay calm, don’t panic. panic means to run about aimlessly, to have

no confidence as to how you will react to given situation to be

unpredictable untrustworthy to yourself. No one meets every

difficulty successfully in first attempt, Persist in face of difficulties

& setbacks. Difficulties problem are meant to rouse not to

dishearten to make us better not bitter. Take them as a challenge ,

there would be a definite success.

“To strive to seek to find & not be yield”.

Positive Attitude –

Positive attitude helps to cope more easily with the daily affairs of life.

It brings optimism into your life, and makes it easier to avoid worry

and negative thinking. If you adopt it as a way of life, it will bring

constructive changes into your life, and makes them happier, brighter

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and more successful. With a positive attitude you see the bright side of

life, become optimistic and expect the best to happen. It is certainly a

state of mind that is well worth developing and strengthening.

Positive attitude manifests in the following ways:

Positive thinking.

Constructive thinking.

Creative thinking.

Expecting success.

Optimism.

Motivation to accomplish your goals.

Being inspired.

Choosing happiness.

Not giving up.

Looking at failure and problems as blessings in disguise.

Believing in yourself and in your abilities.

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Difference between theoretical and practical Knowledge

( Experience of the Student )

Your mind is capable of storing information and understanding

new concepts. Then it can proceed to apply these new concepts

and to teach them to the body, tell it what to do. That means that

theoretical learning lacks the step of teaching the body. In

chronological order you would have to teach the mind first and

then the mind has to teach the body when it comes to theoretical

learning.

In practical learning on the other hand, you learn by experience.

You learn by doing things over and over again. That is why some

people without any formal education can outperform educated

scholars because they have tons of experience on their hands.

There lies the big difference: While after theoretical learning your

mind has to guide your body to perform and the body still has to

learn. Practical learning on the other hand combines both. That is

why practical learning is the only way of learning!

Event theoretical learning must lead to experience, must lead to

action. Only action can transform knowledge into wisdom and

education is only good and acceptable if it leads inevitably into

action!

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Even when it comes to abstract things, that take place in your

mind, math for example. You can read or hear about the processes

that work there, but in order to fully understand them, in order to

be able to use them in an efficient way.

So in conclusion don’t think you have learned something just

because you heard/read about it in college, in a class or in a

book. You have learned nothing until you are capable of

applying it in the real world. “I know how to do that” is not a

valid way of expressing that you can handle something. So go

out there and practise, practise, practise! Turn your

theoretical knowledge, which can be really good, into

practical knowledge, which is equal to pure gold!

Co-operation of Guide - Very Good

Getting Award/ Reward during course- Nothing

Results ( From I sem to V sem ) :Sr.No. Class Obtained Out of Result

1 B.Com. I Sem 236 450 Pass

2 B.Com. II Sem 276 450 Pass

3 B.Com. III Sem 250 450 Pass

4 B.Com. IV Sem 278 450 Pass

5 B.Com. V Sem 136 450 ATKT

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