Visit to KMF Dharwad

Visit to KMF, Dharwad:

Global Business School, Hubli – Finance Area had organized Industrial Visit to KMF, Dharwad on 17th Aug 2023 for  Cost and Management Accounting students of MBA Sem II. The purpose of this visit was to know how milk and  milk products are  manufactured. Challenges in production process, procurement of milk, pricing etc. Mr. Udaykumar – Plant In-charge officer explained in details  how the  milk is procured from the farmer, timing of delivery of milk to the KMF, process involved in conversion of  raw milk into finished product before it is packed, grading of milk based on fat content and packing process for different grades  of milk. He also explained the Process involved in making sweets, butter and milk powder. The plant is fully automatized and hence manpower requirement is minimal. As cost of production  and other details  was maintained by the KMF, so any changes in pricing of milk will be decided centrally by the KMF authorities. We also had opportunity to interact with Managing Director of KMF and he also appreciated that  management graduates are gaining knowledge through experiential learning. Overall the visit helped the students to understand process costing and inventory management practices.

Dr. Prasad Roodagi – Director GBS,Hubli

Industrial Visit Coordinated by:

Dr. Mahesh Bendigeri – Area Chair Finance, GBS Hubli.

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