Detailed Project Report on modular furniture manufacturing

Detailed Project Report on modular furniture manufacturing

MODULAR FURNITURE MANUFACTURING
[CODE NO. 3023]


Modular furniture is pre-made or ready made furniture which can be used according to the need and room spacing. It’s easy to install & dismantle according to need & it gives modern look to your home or office. As looking to the limitation of space in apartment of flat, modular furniture is very helpful to save space. You can use them in different ways.

Modular furniture is less expensive in compare to its utility. Installed & dismantled in short period of time, easy to transport, can be installed according to use & choice & it bring modern look & feel in the room. They are flexible enough to arrange according to the choice. They also available in various colors & designs.

The most popular modular furniture for home is modular kitchen. Customization in furniture is possible according to the need. Modular bedroom, leaving room, shelf, almirah, cupboard, are available in long range. Also TV show case, study desk & computer table give different look to the room.

Modular office furniture has the advantages of being customized, accessible and convenient and therefore modular furniture is extremely popular in modern workplaces. Chairs, Desks, Workstations, Conference tables, Storage, Partitions, Filing cabinets & cubical are the most popular furniture presently preferred by most professionals.

Furniture has undergone a lot of changes in the recent times. Earlier it used to take months together for an office to be ready for the employees and visitors. However, with the introduction of modular furniture, the time process required for an office to be set has shrunk considerably. The highlight of modular furniture is that it arrives in ready to assemble format. Hence, its popularity has increased very much among the people. Further, it even helps office owners to save money on the construction part. Modular office furniture is manufactured in factories on precision machineries. There is no manual work involved in this.


The making process of the modular furniture is quite organised and standardized. This makes them a perfect choice for people who desire to make their offices state of the art and highly functional. Modular furniture for the office is assembled by the professionals who have knowledge and experience of handling the modules. The furniture pieces arrive packed in boxes, which need to be opened and arranged as per the pre-decided designs. At times, modular furniture brands do not even charge for the delivery and assembling. Modular furniture is known for offering ease and handiness to the owners and it meets their objectives in a standard fashion.

While manufacturing Modular furniture for the office set-ups, different types of things need to be included. The furniture items required by the offices vary substantially. The type of items needed depends upon the layout of the office and the kind of work executed there. For offices that have maximum manual work will not require computer tables at all. On the other hand, some offices require computer tables in highest number. Hence, there is great difference between the furniture items. Modular furniture is therefore prepared in standardized sizes, making it easy for the owners to expand the offices or reduce the size whenever required

In furniture with a volume spatial structure, an additional feature can be distinguished—modularity. This feature of furniture increases functionality, many variants of use, as well as quality of the designed and furnished interiors. Modular furniture is designed on the basis of a body with a universal structure of elements, which maintains unified and repetitive closed dimensions in universal templates, with the possibility of any completion and decompletion of the system. Completion of systems can be done vertically, horizontally and matrixwise by using a system of simple connections between the elementary solids of furniture.

Modular furniture these days is emerging as a winner as many corporate houses, home-owners and start-up are getting inclined towards the modular look. They are those versatile pieces of furniture that can be easily carried along when leaving a place. They are easy to assemble and dismantle at the same time. Modular furniture is extremely flexible, can be packed in minutes if required Modular furniture is able to adapt to the ever changing needs of the physical space; it doesn’t matter if it’s in an office or a classroom, modular furniture is both multi-functional and accommodating. Modular furniture allows for options, so there is something for everyone. To learn more, check out some of the benefits of modular furniture in an interior space.


COST ESTIMATION

Plant Capacity                                               20.00 Nos./day
Land & Building                                            Rs. 23.00 Lacs
Plant & Machinery                                         Rs.84.77 Lacs
W.C. for 2 Months                                          Rs. 1.02  Cr
Total Capital Investment                             Rs. 2.31  Cr
Rate of Return                                               62%
Break Even Point                                           50%

INTRODUCTION    
BENEFITS OF MODULAR FURNITURE IN AN INTERIOR SPACE.    
MODULAR OFFICE FURNITURE    
PROPERTIES    
USES AND APPLICATION    
B.I.S. SPECIFICATION    
MARKET SURVEY FOR MODULAR FURNITURE    
ANALYSIS OF EXPORTS OF MODULAR FURNITURE    
ANALYSIS OF IMPORTS OF MODULAR FURNITURE    
INDIAN FURNITURE INDUSTRY AT A GLANCE IN 2015-2016    
DETAILED EXPORT DATA OF MODULAR FURNITURE    
MANUFACTURERS/SUPPLIERS OF MODULAR FURNITURE    
MANUFACTURING PROCESS    
PROCESS FLOW CHART    
PLANT LAYOUT    
SUPPLIERS OF PLANT AND MACHINERY    
SUPPLIERS OF RAW MATERIALS    

                      
APPENDIX – A :

 1.      COST OF PLANT ECONOMICS      
 2.      LAND & BUILDING                                      
 3.      PLANT AND MACHINERY                                  
 4.      FIXED CAPITAL INVESTMENT                             
 5.      RAW MATERIAL                                         
 6.      SALARY AND WAGES                                     
 7.      UTILITIES AND OVERHEADS                              
 8.      TOTAL WORKING CAPITAL                                
 9.      COST OF PRODUCTION                                   
10.      PROFITABILITY ANALYSIS                               
11.      BREAK EVEN POINT                                     
12.      RESOURCES OF FINANCE                           
13.      INTEREST CHART                                       
14.      DEPRECIATION CHART                                   
15.      CASH FLOW STATEMENT                                   
16.      PROJECTED BALANCE SHEET          
 

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