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CHAPTER-1
INTRODUCTION
Organization is a systematically designed, scientifically planned, sum total of
various functions co-ordinate mutually, synchronized in a format to achieve the
goals and objectives of the company.
The various functions which contribute to the success of Organization,
which plays vital role in well functioning, are the following Departments.
Finance department
Engineering department
Marketing & sales department
Production department
Design and development department
Stores department
Purchase department
Quality procedure department
Each organization has its unique Organizational setup based on its
requirements.
Organizational study enlightens the following aspects of the organization.
Organizational behavior
Business ethics & corporate governance
Employee / employer relationship
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Success story of organization
Organization history and drawbacks.
Managerial decision making
Team work
Organization motivation
Quality orientation
Innovation of organization
Organization integrity
Responsibility
Quality services.
Thus Organizational study gives a sum total picture of the Company in a Nutshell.
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DESIGN OF THE STUDY
Title of the study
The main aim of the study is to know the overall functioning ofSVE.
Objectives of the study
To study the functioning and performance of SVE
To understand the organization set-up and identify the right place to
approach for getting work.
To know the strength, weakness, opportunities, and threats ofSVE.
To offer suggestions and help the company to fortune their activities.
Method of analysis and expected contribution from the study
All the data that was collected during the study was evaluated for its
importance towards this study. Only the data, which threw light on the topic, was
taken for consideration and recommendation for improvements in the field study.
The views of various authors who are an authority in the field of this study were
presented in this report for due consideration for their implementation.
The expected contribution from the study is to help the organization to implement
the suggestions in this report so that it can contribute towards improvement in
productivity, quality and also to reduce wastage.
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Limitations of the study
Present study is contained to SVE only.
The study has to be completed with in a short period of time that was
available.
The case study pertains to only one production unit due to the limitation of
time frame.
Findings are based on the records available at the production unit and the
information provided by the shop floor supervisors.
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Chapter-2
1. INDUSTRY PROFILE
Industries are the pointing lights to the growth of an economy and are the
backbone of the country. The development and growth of a largely depends on
industrialization of its economy. India is basically an agriculture based county.
After the Independence, India has given importance to the growth of industrial
development through 5year planning programmes. For a country, small or big,developed or developing need good infrastructural facilities such as roads, dams,
tunnel etc. the infrastructural facilities are the primary need for the transportation
or movement of goods. Roads play an important role on this aspect.
Tremendous development has taken place in science and technology, which has
mechanized every work in every field. Manually carried out work is less
productive and time consuming thus, to increase efficiency and productivity. After
liberalization there has been tremendous scope forSmall Scale Industries in India
where it leads to the growth of many small scale industries like Fabricationindustry which helps in doing manufacturing welding, polishing, assembling etc.
Since then Steel Industries are indispensable part of an economy they form the
backbone of industrial development of any country. Metal Industry is by nature a
heavy industry. Proximity of raw materials and access of efficient transport
network are crucial to this industry. The Chotanagpur plateau bordering West
Bengal, Bihar, Orissa and Madhya Pradesh, therefore has been the natural core of
this industry. It is an besides metal industry, heavy engineering and machine tools
industry are main dealers of metal. These industries have witnessed a phenomenal
growth and produce a whole range of capital goods. Highly fragmented, project
oriented industry and its industry size around Rs.7500 crores per annum in the
world. The industries major activities include both fabricated steel structures and
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transmission towers. In many cases the end product is generally a result of
Fabrication and post Fabrication machining.
Fabrication involves a combination of various mechanical processes including
welding, soldering, brazing, forming, pressing, bending and stress removal. Thewelding is the major process in the fabrication industries. A structural steel
machine tool base would have 75% welding Major types of welding processes are
Submerged are welding used for longitudinal wilding MIG CO2 welding used for
galvanized steels and steels
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3. COMPANY PROFILE
3.1 BACKGROUND AND INCEPTION OF THE COMPANY
During the year 1995, an idea of starting a manufacturing unit on very small
scales was conceived by the two Directors namely Mr. Md.Basheer Ahmed &
Mr. C.S.Sridhara joined their hands together and started the industry by Name
Sidhi Vinayaka Fab Engg Pvt Ltd. It was started has small company with a
partnership by the Two Directors later in the year 2000 the company transferred
into Pvt Ltd Co.
The company will provide services to the customers by producing the products
like S.S. Pressure Vessel & Stainless Steel Fabrication, Heavy Plate Fabrication,Precision Machine Components, Stellite & Die Welding. The efforts made by
employees tremendously made the company to earning profit from year to year due
to the increase in the company production and for the demand by the customers for
the quality provided.
The services of the company have demand in the abroad and the company had
started importing his services to aboard the main importers are Switzerland, France
and London. Peenya Industrial Area(PIA) is the Biggest Industrial Area in South
East Asia, which is having all the required facilities to feed any industrial
requirements and is just about 45kms away from Bengaluru International Airport.
Our industry is situated in the vicinity of this PIA and we are the Lift Member of
this Association.
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The industry is registered under Small Scale Industry under the Government Act.
SVE is one of the leading manufacturers and suppliers of Stainless Steel Pressure
Vessels, Heavy & Light Engineering Pharmaceutical application equipments. Sve
also do general fabrication work of Alloy Steels, conventional Steel and special
grade steel like Hardox&Weldox, OHNS and HDS. To perform the aboveactivities, they have a natural ventilated total working area of 10000 square feet
(about 8000 feet for manufacturing activities and about 2000square feet for Office
& Administration) with latest machineries, technologies and good communication
skills. They have a well trained manpower of one hundred employees, supported
by experienced, supported by experienced engineers. The manpower is given
regular in-house training under Different Fields such as job related work, industrial
safety awareness, fire fighting, first aid. Eco-environment, self development ect.
SVE employees follow the safety rules while manufacturing as per AWS
standard safety rule and health hazards from welding fumes & dust. In addition to
the statutory requirements, SVE have extended the welfare benefits like Life
Insurance, Medical Benefits and Transportation facilities to their employees. They
have very good industrial relation with employees. The company main capability is
to provide end to end solutions in steel fabrication as well as carbon steel and it is
also expertise in sheet metal as well as heavy plate wilding, in house facilities for
bending, machining and jig boring and the company is will established vendor base
for raw material and support functions.
The company has a certification under the following category Certified for
U&UM Stamping by ASME Certificate No.36. 474. The company is Certified ISO
9001-2000 quality management system by Lloyds Register Quality Assurance
Certification No. MUM0061119 Dated: 15/7/2005. SSI Registration on 2/8/96
Peenya Industrial Association Life time Membership Certificate NSIC ISO
9001:2000 certified by Dun & Bradstreet Information service Pvt. Ltd,
Certification No: 65-023-1447
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3.2 NATURE OF BUSINESS CARRIED
The main occupation of work is welding, assembling, finishing, polishing and
testing. SVE will outsource some of their jobs to vendors, who have Conventional& CNC machining facilities. As SVE is situated in the industrial area and based on
good relationship with suppliers. They plan and maintain the inventory level up to
maximum of 5% of the turnover, to meet the needs of our valued customers during
the time of exigencies.
To meet the requirements of ASTM standard, chemical composition &
mechanical properties, they have third party laboratory facilities at peenya to
ensure conformance to standards and visual inspection based on the customers
requirements.
For manufacturing, the company follows the system of procurement, process and
planning.
They select the tested and quality approved raw material to meet the drawing
specifications as per there checklist. Planning is done on daily, weekly and
monthly basis to meet the delivery schedules, in the areas of conventional
machining, CNC machining, tack welding, pre-polishing stage inspection,
radiography, DP test, final finishing, visual inspection, dimensional inspection andleak test etc. to maintain the consistency in manufacturing, they maintain a check
list the control plan on each individual component. The company now has the
expansions of its services globally where their importing their services to other
European countries like Switzerland, France, London.
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GROWTH AND DEVELOPMENT OF SVE
SVE product division operates in their challenging area along with large
established companies, dealing with the most popular brands. This division is the
part which handled prestigious products such as stainless steel pressure vessels,pharmaceutical application, equipment it also involves in general fabrication work
in alloy steel and special grade sheet like hard ox ohns, hds and the strength of
there division in nation is wide distribution work and the trained personal is
enabling it to cater to the requirement of all the products.
HISTORY OF SVE
Year Developments
1995 Started the Organization with Pharmaceutical Sector.
1997 Started the Railway Parts Manufacturing.
1999 Started the Earth Moving Equipment Parts.
2000 Expertise obtained in the Nuclear Welding Field.
2005 Obtained ISO-9001 Certification.
2007 Certification for manufacturing of ASME U andUM Stamp Vessels.
2008 Started the production of STI, Housing & CCI parts.
2009 Practicing for EN/ISO Certification.
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Started the EN15085 Welding of Railway Parts
Manufacturing.
Training of Welders in CCI-AG in SWITZERLAND.
2010 Expecting certification of EN-15085 from TUV
Rhineland.
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PRESENT STATUS OF THE ORGANISATION
SVE currently in their division markets several organizing both for the
Government and Private sector. It helps the small manufacturing in marketing of
their products. Stainless steel housing for filtration (H2O) purpose.
EXPORT DIVISION
SVE activities are not confined to the national scene only, but they realized the
potential of Indian product in the international market SVE tools on export
operation. Earth moving equipment, housing stainless steel, pressure vessels,
ECT.are the few items of SVE handled. SVE overseas office places the role of a
office to promote trade with European countries, today with India opening up tothe world as never before and the world in turn seeking to tap the rich product that
only India can produce, be it a traditional item or a consumer products or an
industrial products.
SVE started with exporting there product to the European countries in the year
2004 and they reached their sales force which helps in effectively channels of
distribution. They have also achieved ISO to their company which states the
quality assurance to their product and also now getting recognized as an
established private company.
It has also developed the HRD department for training for developing work force
to adapt and get updated to the new technology introduced. They give 10%
opportunity to the employees.
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SVES MOTTO
Customer is the king and our motto is quality assurance and customer
satisfaction.
SVES CAPABILITIES
Can provide End to End solutions in Steel fabrication, Stainless steel as well as
Carbon Steel
Expertise in sheet metal as well as heavy plate welding.
In-house facilities for bending, machining and jig boring.
Well established vendor base for raw material and support functions.
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3.3 VISION MISSION AND QUALITY POLICY
VISION:
To establish SVE Pvt Ltd as a world class steel fabrication unit by
undertaking unique projects requiring a high level of technical expertise.
MISSION:
To achieve the goal by reaching higher level of quality delivering
economically in long term relationship
QUALITY POLICY:
Fabricates of stainless steel products
Satisfied internal customer, external customers through excellence inquality of products and processes and quality management system
Satisfied, Motivated and Committed employees.
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Continual improvement in products, processes and quality
management system
Safe and clean working conditions and eco-friendly environment.
CERTIFICATIONS
ASME U-STAMP
ISO 9001-2000
AWS CERTIFICATION
EN-15085(UNDER PROCESS)
ISO 14000(UNDER IMPLEMENTATION)
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3.4 PRODUCT PROFILE
De super heaters
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Vertical pump housing
Pressure vessels
Tanks
Pantographs
HT switch gear cabinets
Wagon couplers
Stainless steel frames for Metro Coaches
Heater Pipes
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ESTEEMED CUSTOMERS
SL.NO CUSTOMERS PRODUCTS
01 ABB LIMITED Header Pipes, Traction
Housing
02 Millipore India Pvt Ltd. Pressure Vessels, Tanks
etc.
03 Fainveley Transport India
Ltd.
Reservoirs & Railway
Products.
04 Flowserve Control India
Ltd.
Columns, Vertical pumps
assy.
05 ITT Goulds Pumps Columns, UV Reactor
and Vertical pumps assy.06 Bombardier Transportation S.S. Air Reservoirs,
Railway Products.
07 Areva T&D India Ltd Cabinet for Electrical
Transformer.
08 CCI Diffuser Assembly & De
super heater for Power
Plant.09 Westfalia Separators India
Ltd.
Mechanical Separators.
10 Schunk Metal & Carbon Pantograph
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India Ltd
3.5 AREA OF OPERATION
Over the years, SVE Pvt Ltd has a reputation as a top quality service provider to
its customers and it believes in the centricity of its customers SVE also has
international presence in several centers, including USA, Japan, Germany, France,
Switzerland, Italy, Sweden.
Sve Pvt Ltd plant is in peenya where it has 4units for producing the majority of
its customers are regional it is providing services to different sectors of the industry
Railway Parts, Aeronautics, Pharmaceutical, Steam Turbines, Nuclear, Earth
Moving, Food and Beverages and Power Sectors.
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3.6 OWNERSHIP PATTERN
The company is a Pvt Ltd company with the share capital of Rs 7,250,000 where
the shares are held by the 2directors namely
Md.Basher Ahmed (Director)
Sridhara.C.S. (Director)
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3.7 COMPETITORS INFORMATION
Todays world is a cut throat competition by companies which is helping the
companies to provide better quality to the customers by reach the customer in time
is a big job and in the phase of ever growing competition from the other companies
the SVE need professional personnel to manage the business. The wisdom lies
reaching customers before competitors reach them with a better quality.
The companies in the welding business faces severe competition from the local
companies and many are available in the Peenya Industrial Area and the
competition will always be heavy. The company should adapt to the newtechnology.
The following are the major competitors ofSVE are:-
S.V. Fabricators
R.K. Fabricators
Tetra Vetra
Power Tech Fabricators
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3.8 INFRASTRUCTURAL FACILITIES
It is the main aspect of the company for the better performance because it boosts
the employees and provides energy to work efficiently and contributes for the
achievement of the objective of the company. Infrastructural facilities provided to
employee can be classified under two heads
STATUTORY
Canteen facilities
First aid boxes
Rest room for employees
Protective clothing uniform
Safety shoes
Goggles for engineering department
Good Ventilation facilities
Laboratory for research purpose to maintain good quality
NON STATUTORY
Uniform
Medical facilities
Insurance benefits
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Transportation facilities
3.9 ACHIEVEMENT/AWARDS ACQUIRED BY SVE
It has got the award from the REXROTH BOSCH GROUP award for
adopting good quality system approach in handling supplies to Bosch
Rexroth(India)Ltd in year 2005
In the year 2008, 9th May, Millipore India Pvt Ltd recognized the support
rendered by SVE and issued the CERTIFICATE OF APPRECIATION in
the development and consistent supply of K-Prime Frames and Quick scale
components.
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Chapter 3.10
WORKFLOW MODEL(SCAN THE PICTURE FROM XEROX)PG NO 13
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3.11 FUTURE GROWTH AND PROSPECTS
SVE a private company, market various number of products and also service
with the aim of servicing the society by providing highly quality products at
affordable price. It has grown from the humble trading house to vibrant multi-
products, multi dimensional marketing and export house offering a wide range of
product and service.
SVE concentrate on the total company effort in all areas of management
covering Leadership, People, Management, Manufacturing process with continuestechnological improvement and zero defects to satisfy customers need. SVE makes
research to correct the deficiencies in order to reduce customer Dis-Satisfaction.
Following are the Future Plans ofSVE:
o To update the New Technology
o Tolling for composite material
o Increasing processing equipments
On the whole SVE is in a profitable position by increasing its year by year and
probably the only single organization to acquire about 15%of the State Market.
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ORGANISATIONAL STRUCTURE OF SVE
The word organization is derived from the word organ which means various
limbs or parts of the body and a musical instrument. It is the arrangement by which
tasks are assigned to men and women so that their individual efforts contribute
effectively to more or clearly defined purpose. Organization can perform
effectively if it has sound organization structure where the designation given to
each every person
The organization structure that has been adapted by SVE is very simple and
commonly used one. It is the Line Organizational structure format, by adapting this
structure authority, responsibility is easily understood by the entire worker in the
organization which it make very one realize to whom he/she answerable to the
chart of the flow of the power of SVE is as shown is as shown below:
An organization chart displays the organizational structure and shows job titles,
lines of authority and relationships between departments. The polices and
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procedures which govern the way in which the organization acts within itself and
within its environment.
Chapter-4
FUNCTIONAL DEPARTMENTS
Purchase Department
Stores Department
Production Department
Quality Assurance Department
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Finance Department
Design and Development Department
Human Resource Department
PURCHASING DEPARTMENT
Purchasing of Raw Material is made when the inventory level reaches the
minimum which is 5%. Purchasing will be made on Big Quantity. The
Purchasing Department is directly headed by Technical Director Mr.Basheer
Ahmed and Mr.Waseem Baig is Purchase department head. As and when
there is complaint in Raw-Material complaint will be loaged to storesdepartment and verification will be made by concerned authorities.
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STORES DEPARTMENT
Preservation of Raw-Material and Customers property which includes products
which are ready for dispatch will be ready for delivery until the final settlement is
made by customers(In order to avoid the physical damage to the product storesdepartment will look after the product which are ready for dispatch). Stores
Department is directly headed by Mr. Basheer Ahmed the Technical Director of
SVE and Mr.Venkatesh.
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PRODUCTION DEPARTMENT
Production Department is mainly headed by Mr.Md Basheer Ahmed where
the production department is mainly classified into two category they are:-
*ProductionPlanning
*Production Operation
*ProductionPlanning:-
Production Planning Department is in charge of Technical Director of
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SVE Mr.Md Basheer Ahmed. In this department the Production process,
Product design, Product Quality will be determined by the Technical
Director depending upon the Customer requirement. Here Production
planning includes DESIGN of product through various softwares like
AUTOCAD. Design Department is headed by MD.Basheer Ahmed andDepartment in charge is Ashoka an AUTOCAD DESIGNER.
*Production Operation:-
Production operation will start its production depending upon the criteria
given by Production Planning Department which depends upon the customer
requirement. Production operation department as been divided into 4Unitswhere all the units are situated in Peenya Industrial Area.
It is the main process in SVE which gives the ultimate outlook of a
products manufactured in Unit. There are different stages of manufacturing
process performed in SVE, the raw material is cutted, then it is send to the
filling stage, it is welded and after the welding process is finished the
inspection is done to check the product outlook then painting, polishing and
testing is done, then the product reaches its final stage where it is ready forthe dispatch to be reached to the final customers.
Unit1 Production Department Super-Visor cum In-Charge is Mr.ShivKumar
and his Team Leads are:
Manjunath
Prasanna
Khan
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Unit 2 Production Department Super-Visor cum In-Charge is Mr.Yegova and his
Team Leads are:
Rajanna
Narayanappa
Balaji
Kadivel
Unit 3 Production Department Super-Visor cum In-Charge is Mr.Maheshappa and
his Team Leads are:
Umesha
Munsif
VenuGopal
Hanumanthappa
Ramesh
Unit 4 Production Department Super-Visor cum In-Charge is Francis and his Team
Leads are:
Jamsheed
Santosh
Chetan
Ramesh.M.L
Mahendra Kumar
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QUALITY ASSURANCE DEPARTMENT
Q&A Department is headed by VIJAY KUMARManager of Q&A Department
and Ashok and Shivakumar are Q&C Engineers of Q&A Department
To maintain specified standards of quality
To assets conformity them
To take corrective actions
To prepare and improve standard. The most profitable quality
level is achieved by a balance between cost of quality to
manufacture and value of quality to customers
To ensure total quality management.
INSPECTION
Inspection plays a very important role in the SVE. It is which check out
the defects and damages of the products before reaching the customers. In
SVE inspection is done TWO times, one is at the initial inspection and the
other is the final inspection. It is mandatory and which meet the requirement
of customer
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FINANCE DEPARTMENT
The finance function deals with the procurement of money at the time
when it is needed and its effective utilization in the enterprise. Money is the
lifeblood of any enterprise, as it is required to purchase machines and
materials to pay wages and salaries to employees and to allow credit
facilities to customers.
An important requirement for the success of any business
organization is the provision of sufficient amount of funds or capital. It
cannot work unless it has got sufficient amount at its disposal to purchase
machine and materials, build premises, and meet day-to day expenses and
for several other finance for the functioning of the enterprise.
For companies, which carry on production and distribution on a large-
scale provision of adequate finance, is a very challenging task. It affects all
the business decisions where money is involved, since the large commercial
and industrial undertakings are set up in the form of companies, the
problems of finance for modern business is for all practical purposes of the
problem of corporate finance. All the important financial decisions are taken
by the board of directors of company.
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Objective of finance department:
Since financing is one of the functional areas of any business enterprise, the
objective of financial management must be done with the overall objectives
of the enterprise. The objectives of the finance department should be so
devised that they contribute directly towards the achievement of the overall
organizational
Ensuring regular and efficient supply of capital to the business.
Ensuring a fair rate of return on capital to the supplier.
Ensuring better utilization of capital by following the principles of Liquidity,
profitability and safety.
Coordinating the activities of the finance department with those of the other
department of the enterprise.
Manager Accounts:
Finance and A/c managers concerned with measurement of
income/expenditure for specific periods of time such as month and year
(income/expenditure statement) financial reports at the end of the period.
Manager Costing:
It is concerned with determining relevant cost and performing other analysis
like preparation of budgets and performance analysis based on budgets.
Manager Finance:
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He is responsible for overall financial planning and for raising capital he has the
following functions to perform major activities are financial, forecasting, fund
management, auditing and capital budgeting.
Softwares used to maintain accounts or records;
Tally: To mention accounting records.
Matt Rick System: To make attendance of employee by pressing his thumb on
machine.
Normal windows software like M.S.-Word, M.S.-Power Point etc for required
official uses.
Mr.C.S.SriDhara the Finance Director ofSVE is handling the finance department
and under his supervision he as two young and dynamic person they are Ms.Geetha
and Ms.Priya for Accounts department, Ms.Prathibha for billing and
Ms.SumaLatha and Ms.Sunitha for Documentation.
Practice/ Procedures:
Companies contribute to PF and super annual fund as per the rules of P.F.
Act not excluding 12% of the basic salary. Gratuity will be limited to half a
months salary for each completed year of service.
Perquisites shall be evaluated as per IT rule wherever applicable and in
absence of any such rule perquisites shall be evaluated at actual cost.
The company has given interest free loan and advance in the nature of loans
of employees recovery are made according to the stipulated time.
The Stock of Finished goods, Raw materials, Stores & Spares are physically
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verifies every quarterly.
HUMAN RESOURCES DEPARTMENT:
HR dept is mainly headed by Ms.Saraswati for Administrative purpose and
Mr.Mohamed Baseer Ahmed for Technical related Recruitment
HUMAN RESOURCES POLICIES:
The following are the some of the HR polices. They are as follows:
1. Recruitment & Selection
2. Training & Development
3. Job analysis
4. Salary Administration
5. Performance Appraisal
6. Grievance
RECRUITMENT POLICIES:
1. Provide formal statement of corporate thinking
2. Establish consistency in application of policy over a period
3. Offer guidelines to managers for thinking action.
4. Improve communication and secure co-operation from employees.
5. Provide criteria (measuring yards) for performance evaluation of persons
involved in recruitment.
6. Build employees enthusiasm and loyalty and increase their confidence.
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MAN POWER:
Man power is major aspect of any business or organizational activity without
man no production, and no business. So at all work, all activities of business are
based on man power of the organization. Success of every organization is
depending on man power of that organization.
Man power or human resource of HIPL is very good. They have 198
workers. 193 are Male-employees and remaining 5 are Female-employees. They
divide workers according to their skill, knowledge, qualification and work. Thereare totally 3 types of workers.
Technical.
Non-Technical
Labor Group.
Technical: The Technical workers are the base of production. They must qualified
as any technical course like B.E., B.Sc, Diploma and I.T.I. etc.
The workers or employees of technical are:-
Engineers
Section or Shift In charge
Lab Attainder etc.,
Non-Technical : Non-Technical employees are those whoever comes or works all
related jobs of marketing, store, dispatch accounts, security, management etc.,
The majority of workers in HIPL is Non-Technical workers are doing theirwork in production but Non-Technical workers are handling all related work of
organization. Non-Technical workers are:-
Management
Security
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Accounts
Stores
Marketing etc
Requirement of employees is depending on their work.
Labor Group: These are the employees of HIPL who works under or who works as
assistant of employees. They are just for normal or minor works as cleaning,
helping etc.
EMPLOYEES STRENTH
There are 190 employees in the factory, who work in the administration
section. The working hours for an employee are 8 hours.
The SVE holds 4 shifts per day.
Sl.No Shift In Time Out Time Total Hours
1. A 06:00 AM 02:00 PM 8
2. B 02:00 PM 10:00 PM 8
3. C 10:00 PM 06:00 AM 8
4. D 08:30 AM 05:30 PM 8
Wages are given on time basis. The wages are given before 10 th of
the month. The wages are paid directly to the employees through cheque
and through direct cash to the employees.
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Design and Development Department
Objectives:
a) To design and develop quality products that area reliable and economical.
b) To consistently try and improve the quality of the product.
Design and development planning:
For the process of design and development, planning the following points are
determined
Design and development stages.
Review verification and validation that are appropriate to each design and
development stage.
Responsibility and authority for design and development.
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Chapter-5
SWOT ANALYSIS:
A scan of the internal and external environment is an important part of the
strategic planning process. Environmental factors internal to the firm usually can be
classified in as strengths (S) or (W), and those external to the firm can be classified in
as opportunities (O) or threats (T). Such an analysis of the strategic environment is
referred to as SWOT analysis.
The SWOT analysis provides information that is helpful in matching the firms
resources and capabilities to the competitive environment in which it operates. As
such, it is instrumental in strategy formulation and selection
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T = ThreatsT = Threats
S = StrengthsS = Strengths
SWOTSWOT
W=WeaknessesW=Weaknesses
O =OpportunitiesO =Opportunities
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Strengths:
SVE is supported by experienced and qualified Directors. The Directors are
from engineering background and their services are available to the
company.
Products are ISO 9001:2000 certified
Productivity enhancement through both quality and quantity of the product.
Good coordination between employee and employer.
SVE provides healthy working conditions and safety equipments to the
workers and fulfils their needs and wants.
Easy availability of raw material.
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SVE has adopted modern technology for its operations.
In house availability of technically skilled manpower and superior
technology helps SVE to supply best quality product.
Established customers in automotive, machine tool and general engineering
sectors varied customer segments
Continuous updating ensures a spirit of constant learning among the
employees.
Professionally managed company.
Effective distribution of work in the organization.
Weakness:
Dependence on only one major customer , the Railways
Production Process located in multiple locations. This results in transport of
semi finished goods to other units back and forth for further process results
in high production cost.
Requires heavy capital expenditure.
Wastage of raw materials due to non Handling of raw material in a scientific
manner.
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Opportunities:
Introduction of Mass rapid transport system in India &other countries
Raising cost of fossil fuels
Huge investment in Infrastructure development in India
Huge flow of Foreign Direct Investment into India
Threats:
Growth of Cheaper modes of air transport
Dumping of similar products from China
Counterfeit products
.
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CHAPTER- 6
FINDINGS & CONCLUSION
Findings:
SVE is rich in technology as they are using CNC machines.
SVE has provided a family atmosphere in the organization.
Training is the major tool for maximizing the productivity.
There is no labour union.
There is no proper canteen facility in the organization.
Highly qualified top management.
Good communication with workers.
Provides opportunity for the employees to enhance their learning by
conducting various events and other orientation programs.
Effective distribution of work in the organization.
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Conclusion:
The training gave valuable information and helped to know the practical part of the
theories and problems studied in the past years.
SVE is headed by experienced and qualified Directors and their experience in the
engineering field will take the company to greater heights.
The company is working more efficiently. A study on the history of the company
reveals that the past years of the company were really magnificent and excellent.
The company is utilizing the resources at its maximum for healthy production.
During the training period, the practical steps of production, distribution, the
purchasing procedure etc was discussed and the risk involved in doing the businesswas understood. Mainly the study of individual departments was very enlightening
and the knowledge gained has helped in understanding industrial practices.
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CHAPTER- 7
SUGGESTIONS AND LEARNING EXPERIENCE
Suggestions:
Innovate and develop new and existing products.
Enlarge the warehouse capacity to stock the raw materials / finished
products.
Conducting sports and cultural events to harmonies the relation
among the employees.
Increase the productivity by providing rewards and appreciation.
The company has to make effective utilization of available resources.
The production department should provide more and more safety
measures for the employees.
The company should improve machine utilization and take corrective
action to minimize production loss due to idle time.
Facilitating the customers to buy and interact through e-marketing can
enhance the sale unimaginably it also helps to attract potential
customers in and out of India.
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Participation in interstate and international trade fairs frequently
would help in promoting the product and bringing the brand identity
internationally.
The company should control the expenditure and cut down
unnecessary cost.
It should take more care towards customer retention.
Learning Experience
Learning is synonymous to experience. This is because every human being learns
hence only out of experience and experience is the way of life. In life a person
enhances his knowledge only when exposed to real world situations, and by being
exposed to the real conditions in a systematic manner. He understands how to live
and face various unforeseen situations. This is exactly what the MBA course does
to its students. The MBA course has the organization study as the part of its
curriculum to make the students experience the actual corporate world and learn its
ways of functioning. In this competitive world this kind of an approach is
extremely indispensable. Students coming out, as MBAs would be ready to have
an interface with the corporate world with determination, confidence and
competence. Todays corporate world demands for all these qualities, without
which facing the corporate world is a difficult task.
In this organization study I have learnt a lot. Interacting with an Organization that
has existed since long was an experience of a life time. The employees of SVE had
been of tremendous support to me in doing my project work. They guided me in
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every step and gave all the necessary information for doing the organization study.
This has made me learn that people in organization are accommodative in HR.
Without their support it would have been highly difficult.
This organization study helped me a lot in learning towards the corporate exposure
as it is a practical way of learning about organization to develop and understand
the organization system , culture , the nature of production , strategies regarding
their competitors its future growth and prospectus etc.
During the 5 weeks it was my pleasure to work with Sidhi Vinayaka Fab Engg
Pvt Ltd. It was my first exposure in a manufacturing industry. It gave me immense
knowledge about how a manufacturing industry works.
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Chapter-8
Bibiliography
BOOKS:
Company manuals
Department manuals
Financial statements
Interaction with Manager
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