Project Title: Onion Warehouse Management System
Project Description : The main focus of this Project is to improve Supply chain
Management and storage Facility for onions. In this project we have done survey
of vashi market. After survey we came to our conclusion that there should be
improvement in...
Project Title: Onion Warehouse Management System
Project Description : The main focus of this Project is to improve Supply chain
Management and storage Facility for onions. In this project we have done survey
of vashi market. After survey we came to our conclusion that there should be
improvement in warehouse storage facility as well as its supply chain
Management. There should be centralized warehouse with modern facilities for
prevention of onions from getting rotten which is located At near field So that
Supply chain cost will be reduced and there will be no onion shortage
Onion warehouse management: Project Farm and Warehouse
THEME “NOW ONION WILL NOT MAKE YOU CRY”
Why onion ?? -stable demand -perishable, seasonal and bulky -Inadequate Storage -Least Explored area
Problem focus Erratic rainfall in the main production centre Hoarding by the traders Loss of onion because of inadequate post harvest storage Inherently unstable production. Decline in onion production from last five years.
“ ONION GROWER IS IN TEARS ONION SUPPLEIR CHEERS ”
Objectives -To reduce the post harvest storage losses -To increase the productivity by onion warehousing. - Stabilize onion prices
Proposed P roject M odel
Assumptions No influence of current onion market 5000 farmers have signed the contract continuous Scope for export
Project inclusions Training to the farmers Provision of seeds Discount on Fertilizers Bilateral transport – onion potato
Project exclusions 1) No storage provision for other agri product (garlic) 2)Opening of onion research centre . Other cold chain product will not be entertrained (apple, potato) different storage parameters
B enefits farmers upbringment Reducing the wastage of onion by proper storage Stabilizing the onion prices in market for all type of customers. profit
Future perspective opening of onion research centre Chopping and drying of onion and selling Expand for other perishable agri. Products.
TOTAL COST: TEN LAKHS RS MATERIAL & LABOUR EXPENSES
OVERHEADS Cost: five lakhs Rs 1) WORK OVERHEADS 2) ADMINISTRATIVE OVERHEADS 3) SELLING OVERHEADS 4)DISTRIBUTION OVER HEADS
PROJECT FINANCE
DEFINITION Project finance is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project
LONG TERM SOURCE OF FUNDS EQUITY CAPITAL PREFERENCE SHARES RETAINED EARNINGS DEFRRED PAYMENT GUARANTEE DEBENTURES LOAN FROM FINIANCIAL INSTITUTIONS LOAN FROM COMMERCIAL BANKS VENTURE CAPITAL FUNDING ASSET SECURITISATION INTERNATIONAL FINANCING
SPONSORS 1) Nabard 2) Individual district level co-society banks 3) urban co-operative bank 4) urban co-operative bank 5) Local Nabard bank branch 6) 26 district co-operative society banks
PARTICULARS 1-JUNE-14 1-OCT-14 1) INCOME RS RS A) Income from operations 85 LAKHS 86 LAKHS B) Other operating income 1 LAKH 1.5 LAKHS TOTAL INCOME 86 LAKHS 87.5 LAKHS 2) EXPENSES A) Operating Expenses 50 Thousands 52 Thousands B) Depreciation 30 Thousands 35 Thousands C) Employee benefits 20 Thousands 25 Thousands TOTAL EXPENSES 1 LAKH 1.12 LAKHS 3) PROFIT FROM OPERATION BEFORE OTHER INCOME & PROJECT COST 85 LAKHS 86.38 LAKHS
PARTICULARS 1-JUNE-14 1-OCT-14 4) OTHER INCOME 1 LAKH 1.5 LAKHS 5) PROFIT FROM ORDINARY ACTIVITY BEFORE PROJECT COST 86 LAKHS 87.88 LAKHS 6 ) PROJECT COST 65 LAKHS 30 LAKHS 7) PROFIT BUT BEFORE TAX 21 LAKHS 57.88 LAKHS 8) CURRENT TAX EXPENSE 1 LAKH 1.5 LAKHS 9) NET PROFIT AFTER TAXES 20 LAKHS 56.38 LAKHS
Quality
Why Quality ? ?
T ypes Kharif , (may- june ) Rangada and early rabi or late kharif ( aug - sept ) Rabi or summer( oct - nov. )
Storage Losses
Solutions Use of modern harvester : Dehydrator Bulb Onion
Storage Structure Good Bottom and Side ventilation
Salient Features of improved structure 1 . Construction of storage godown on raised platform 2. Use of Mangalore tiles roof 3. Increased centre height and more 4 . Bottom ventilation 5. Avoid direct sunlight on onion bulbs 6 . width of each stack to 60-70 cm for cool humid weather, 75-90 cm for mild 7 . stacking height to 100 cm for small and multiplier onion 8 . Cubicles rather than continuous stack 9. One cubic metre area of store accommodates about 750 kg onions .
Risk factors Farmer’s attitude Nature Government policies Transportation
Risk Mitigation FARMERS- develop code of conduct Nature - contingency reserve for emergency Policies- modification in policies for farmers and onion.
Who Are Business Stakeholders? Core stakeholders are essential to the survival of the firm Strategic stakeholders are vital to the organization and the threats and opportunities the organization faces Environmental stakeholders are all others in the organization's environment
Stakeholder Engagement Process PLAN Keep satisfied Manage closely Politicians Customers Sponsor farmers Monitor Keep informed Nabard Media Communication Strategies