SIDHI VINAYAKA FAB ENGINEERING PVT LTDCHAPTER-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 Surana Centre for P.G.Studies Page 1 SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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. Surana Centre for P.G.Studies Page 2 SIDHI VINAYAKA FAB ENGINEERING PVT LTD DESIGN OF THE STUDY Title of the study The main aim of the study is to know the overall functioning of SVE. 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 of SVE. 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. Surana Centre for P.G.Studies Page 3 SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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. Surana Centre for P.G.Studies Page 4 SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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 for Small Scale Industries in India where it leads to the growth of many small scale industries like Fabrication industry 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 Surana Centre for P.G.Studies Page 5 SIDHI VINAYAKA FAB ENGINEERING PVT LTD transmission towers. Fabrication involves a combination of various mechanical processes including welding. In many cases the end product is generally a result of Fabrication and post Fabrication machining. Precision Machine Components and Stellite & Die Welding. Where all these are the semi raw materials which are required by the large industries to produce the goods. forming.G.5mm thick TIG wilding for stainless steel.S. Heavy Plate and Fabrication. Pressure Vessels & Stainless Steel Fabrication. pressing. Manual are welding for small jobs & general steel application Sidhi Vinayaka Fab Engg Pvt Ltd was mainly established to manufacture S. Surana Centre for P. bending and stress removal. 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<2.Studies Page 6 . The welding is the major process in the fabrication industries. soldering. brazing. an idea of starting a manufacturing unit on very small scales was conceived by the two Directors namely Mr. France and London.Studies Page 7 . Peenya Industrial Area(PIA) is the Biggest Industrial Area in South East Asia.S.G. C. Md. Our industry is situated in the vicinity of this PIA and we are the Lift Member of this Association. Surana Centre for P. COMPANY PROFILE 3. Pressure Vessel & Stainless Steel Fabrication. The company will provide services to the customers by producing the products like S. Precision Machine Components. 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. which is having all the required facilities to feed any industrial requirements and is just about 45kms away from Bengaluru International Airport.1 BACKGROUND AND INCEPTION OF THE COMPANY During the year 1995.Sridhara joined their hands together and started the industry by Name Sidhi Vinayaka Fab Engg Pvt Ltd.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 3. 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. 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.Basheer Ahmed & Mr.S. Stellite & Die Welding. Heavy Plate Fabrication. To perform the above activities.G. supported by experienced engineers. first aid. machining and jig boring and the company is will established vendor base for raw material and support functions. supported by experienced. fire fighting.Studies Page 8 . Certification No: 65-023-1447 Surana Centre for P. in house facilities for bending. Ltd. They have very good industrial relation with employees.SIDHI VINAYAKA FAB ENGINEERING PVT LTD The industry is registered under Small Scale Industry under the Government Act. The company has a certification under the following category Certified for U&UM Stamping by ASME Certificate No. OHNS and HDS. Medical Benefits and Transportation facilities to their employees.36. SVE employees follow the safety rules while manufacturing as per AWS standard safety rule and health hazards from welding fumes & dust. Heavy & Light Engineering Pharmaceutical application equipments. They have a well trained manpower of one hundred employees. industrial safety awareness. SVE have extended the welfare benefits like Life Insurance. Eco-environment. In addition to the statutory requirements. 474. The manpower is given regular in-house training under Different Fields such as job related work. MUM0061119 Dated: 15/7/2005. The company is Certified ISO 9001-2000 quality management system by Lloyd’s Register Quality Assurance Certification No. Sve also do general fabrication work of Alloy Steels. conventional Steel and special grade steel like Hardox&Weldox. 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. 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. SVE is one of the leading manufacturers and suppliers of Stainless Steel Pressure Vessels. SSI Registration on 2/8/96 Peenya Industrial Association Life time Membership Certificate NSIC ISO 9001:2000 certified by Dun & Bradstreet Information service Pvt. self development ect. technologies and good communication skills. As SVE is situated in the industrial area and based on good relationship with suppliers. the company follows the system of procurement. They select the tested and quality approved raw material to meet the drawing specifications as per there checklist. who have Conventional & CNC machining facilities. tack welding. pre-polishing stage inspection. they maintain a check list the control plan on each individual component. weekly and monthly basis to meet the delivery schedules. they have third party laboratory facilities at peenya to ensure conformance to standards and visual inspection based on the customer’s requirements. To meet the requirements of ASTM standard. London. chemical composition & mechanical properties. to meet the needs of our valued customers during the time of exigencies. For manufacturing. CNC machining. to maintain the consistency in manufacturing. France.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 3.2 NATURE OF BUSINESS CARRIED The main occupation of work is welding. The company now has the expansions of its services globally where their importing their services to other European countries like Switzerland.Studies Page 9 . Surana Centre for P.G. polishing and testing. dimensional inspection and leak test etc. final finishing. process and planning. radiography. DP test. in the areas of conventional machining. Planning is done on daily. assembling. SVE will outsource some of their jobs to vendors. finishing. visual inspection. They plan and maintain the inventory level up to maximum of 5% of the turnover. Started the production of STI. Expertise obtained in the Nuclear Welding Field. HISTORY OF SVE Year 1995 1997 1999 2000 2005 2007 2008 2009 Developments Started the Organization with Pharmaceutical Sector. Housing & CCI parts.Studies Page 10 .G. Started the Earth Moving Equipment Parts. Started the Railway Parts Manufacturing. equipment it also involves in general fabrication work in alloy steel and special grade sheet like hard ox ohns. Practicing for EN/ISO Certification. Surana Centre for P. Certification for manufacturing of ASME ‘U’ and “UM’ Stamp Vessels. Obtained ISO-9001 Certification. dealing with the most popular brands. This division is the part which handled prestigious products such as stainless steel pressure vessels. 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. pharmaceutical application.SIDHI VINAYAKA FAB ENGINEERING PVT LTD GROWTH AND DEVELOPMENT OF SVE SVE product division operates in their challenging area along with large established companies. Training of Welders in CCI-AG in SWITZERLAND. Surana Centre for P.Studies Page 11 .G. 2010 Expecting certification of EN-15085 from TUV Rhineland.SIDHI VINAYAKA FAB ENGINEERING PVT LTD Started the EN15085 Welding of Railway Parts Manufacturing. It has also developed the HRD department for training for developing work force to adapt and get updated to the new technology introduced. be it a traditional item or a consumer products or an industrial products. EXPORT DIVISION SVE activities are not confined to the national scene only. 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. but they realized the potential of Indian product in the international market SVE tools on export operation. today with India opening up to the world as never before and the world in turn seeking to tap the rich product that only India can produce. Earth moving equipment. SVE overseas office places the role of a office to promote trade with European countries.SIDHI VINAYAKA FAB ENGINEERING PVT LTD PRESENT STATUS OF THE ORGANISATION SVE currently in their division markets several organizing both for the Government and Private sector.Studies Page 12 . ECT…. They give 10% opportunity to the employees. Stainless steel housing for filtration (H2O) purpose. housing stainless steel. 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.G. It helps the small manufacturing in marketing of their products.are the few items of SVE handled. pressure vessels. Surana Centre for P. SIDHI VINAYAKA FAB ENGINEERING PVT LTD SVE’’S MOTTO Customer is the king and our motto is quality assurance and customer satisfaction. Well established vendor base for raw material and support functions. machining and jig boring. In-house facilities for bending. Stainless steel as well as Carbon Steel Expertise in sheet metal as well as heavy plate welding. SVE’S CAPABILITIES Can provide End to End solutions in Steel fabrication. Surana Centre for P.G.Studies Page 13 . Studies Page 14 .G. external customers through excellence in quality of products and processes and quality management system Satisfied.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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. Surana Centre for P. Motivated and Committed employees. CERTIFICATIONS ASME ‘U’-STAMP ISO 9001-2000 AWS CERTIFICATION EN-15085(UNDER PROCESS) ISO 14000(UNDER IMPLEMENTATION) Surana Centre for P.G. processes and quality Safe and clean working conditions and eco-friendly environment.Studies Page 15 .SIDHI VINAYAKA FAB ENGINEERING PVT LTD Continual improvement management system in products. Studies Page 16 .G.4 PRODUCT PROFILE De super heaters Surana Centre for P.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 3. Studies Page 17 .SIDHI VINAYAKA FAB ENGINEERING PVT LTD Vertical pump housing Pressure vessels Tanks Pantographs HT switch gear cabinets Wagon couplers Stainless steel frames for Metro Coaches Heater Pipes Surana Centre for P.G. Flowserve Control India Ltd. Diffuser Assembly & De super heater for Power Plant. ITT Goulds Pumps Header Pipes. Fainveley Transport India Ltd. Air Reservoirs.SIDHI VINAYAKA FAB ENGINEERING PVT LTD ESTEEMED CUSTOMERS SL. Traction Housing Pressure Vessels. Tanks etc. Reservoirs & Railway Products. Railway Products.S. UV Reactor and Vertical pumps assy.G. Columns.Studies Page 18 . Bombardier Transportation S. Columns.NO CUSTOMERS PRODUCTS 01 02 03 04 05 06 07 08 ABB LIMITED Millipore India Pvt Ltd. Areva T&D India Ltd CCI Cabinet for Electrical Transformer. Vertical pumps assy. 09 Westfalia Separators India Mechanical Separators. Schunk Metal & Carbon Pantograph 10 Surana Centre for P. Ltd. Surana Centre for P. Steam Turbines. Aeronautics. France. Food and Beverages and Power Sectors.Studies Page 19 . Pharmaceutical. Germany. Nuclear. 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.SIDHI VINAYAKA FAB ENGINEERING PVT LTD India Ltd 3. Sweden.G. Earth Moving. SVE Pvt Ltd has a reputation as a top quality service provider to its customer’s and it believes in the centricity of its customers SVE also has international presence in several centers.5 AREA OF OPERATION Over the years. Switzerland. Japan. including USA. Italy. S. (Director) Surana Centre for P.Basher Ahmed (Director) Sridhara.C.Studies Page 20 .000 where the shares are held by the 2directors namely Md.250.G.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 3.6 OWNERSHIP PATTERN The company is a Pvt Ltd company with the share capital of Rs 7. V. 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 new technology. The wisdom lies reaching customers before competitors reach them with a better quality.K. The following are the major competitors of SVE are:• S. Fabricators • R.G. Fabricators • Tetra Vetra • Power Tech Fabricators Surana Centre for P.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 3.7 COMPETITORS INFORMATION Today’s 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.Studies Page 21 . 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.G.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 3.Studies Page 22 . 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 Surana Centre for P. 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.SIDHI VINAYAKA FAB ENGINEERING PVT LTD Transportation facilities 3. Surana Centre for P.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.Studies Page 23 . 9th May.G. 10 WORKFLOW MODEL(SCAN THE PICTURE FROM XEROX)PG NO 13 Surana Centre for P.Studies Page 24 .G.SIDHI VINAYAKA FAB ENGINEERING PVT LTD Chapter 3. G. Manufacturing process with continues technological improvement and zero defects to satisfy customers need.11 FUTURE GROWTH AND PROSPECTS SVE a private company. Following are the Future Plans of SVE: 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. It has grown from the humble trading house to vibrant multiproducts. People.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 3. Management. SVE makes research to correct the deficiencies in order to reduce customer Dis-Satisfaction. SVE concentrate on the total company effort in all areas of management covering Leadership. Surana Centre for P. multi dimensional marketing and export house offering a wide range of product and service. market various number of products and also service with the aim of servicing the society by providing highly quality products at affordable price.Studies Page 25 . The polices and Surana Centre for P.G. 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. by adapting this structure authority.Studies Page 26 .SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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. Chapter-4 FUNCTIONAL DEPARTMENTS Purchase Department Stores Department Production Department Quality Assurance Department Surana Centre for P.G.SIDHI VINAYAKA FAB ENGINEERING PVT LTD procedures which govern the way in which the organization acts within itself and within its environment.Studies Page 27 . Purchasing will be made on Big Quantity. As and when there is complaint in Raw-Material complaint will be loaged to stores department and verification will be made by concerned authorities. The Purchasing Department is directly headed by Technical Director Mr.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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%.Studies Page 28 .Basheer Ahmed and Mr. Surana Centre for P.G.Waseem Baig is Purchase department head. SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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 stores department will look after the product which are ready for dispatch). Surana Centre for P. Basheer Ahmed the Technical Director of SVE and Mr.G.Venkatesh.Studies Page 29 . Stores Department is directly headed by Mr. Studies Page 30 .SIDHI VINAYAKA FAB ENGINEERING PVT LTD PRODUCTION DEPARTMENT Production Department is mainly headed by Mr.G.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 Surana Centre for P. Product design.G. it is welded and after the welding process is finished the inspection is done to check the product outlook then painting. In this department the Production process. Production operation department as been divided into 4Units where all the units are situated in Peenya Industrial Area.Md Basheer Ahmed. Unit1 Production Department Super-Visor cum In-Charge is Mr. polishing and testing is done. then the product reaches its final stage where it is ready for the dispatch to be reached to the final customers. then it is send to the filling stage. *Production Operation:Production operation will start its production depending upon the criteria given by Production Planning Department which depends upon the customer requirement.Studies Page 31 . It is the main process in SVE which gives the ultimate outlook of a products manufactured in Unit.ShivKumar and his Team Leads are: Manjunath Prasanna Khan Surana Centre for P. There are different stages of manufacturing process performed in SVE. Here Production planning includes DESIGN of product through various software’s like AUTOCAD. Design Department is headed by MD.Basheer Ahmed and Department in charge is Ashoka an AUTOCAD DESIGNER. Product Quality will be determined by the Technical Director depending upon the Customer requirement.SIDHI VINAYAKA FAB ENGINEERING PVT LTD SVE Mr. the raw material is cutted. Studies Page 32 .L Mahendra Kumar Surana Centre for P.Yegova and his Team Leads are: Rajanna Narayanappa Balaji Kadivel Unit 3 Production Department Super-Visor cum In-Charge is Mr.G.M.SIDHI VINAYAKA FAB ENGINEERING PVT LTD Unit 2 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. It is mandatory and which meet the requirement of customer Surana Centre for P.SIDHI VINAYAKA FAB ENGINEERING PVT LTD QUALITY ASSURANCE DEPARTMENT Q&A Department is headed by VIJAY KUMAR Manager 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. one is at the initial inspection and the other is the final inspection.Studies Page 33 .G. In SVE inspection is done TWO times. It is which check out the defects and damages of the products before reaching the customers. 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. Studies Page 34 . It affects all the business decisions where money is involved. as it is required to purchase machines and materials to pay wages and salaries to employees and to allow credit facilities to customers. is a very challenging task.G. which carry on production and distribution on a largescale provision of adequate finance. build premises. Surana Centre for P. Money is the lifeblood of any enterprise. For companies. the problems of finance for modern business is for all practical purposes of the problem of corporate finance. It cannot work unless it has got sufficient amount at its disposal to purchase machine and materials. All the important financial decisions are taken by the board of directors of company. and meet day-to day expenses and for several other finance for the functioning of the enterprise. since the large commercial and industrial undertakings are set up in the form of companies. An important requirement for the success of any business organization is the provision of sufficient amount of funds or capital.SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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. profitability and safety.G.SIDHI VINAYAKA FAB ENGINEERING PVT LTD Objective of finance department: Since financing is one of the functional areas of any business enterprise. Manager Costing: It is concerned with determining relevant cost and performing other analysis like preparation of budgets and performance analysis based on budgets. the objective of financial management must be done with the overall objectives 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.Studies Page 35 . Ensuring better utilization of capital by following the principles of Liquidity. Coordinating the activities of the finance department with those of the other department of the enterprise. Ensuring a fair rate of return on capital to the supplier. 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. Manager Finance: Surana Centre for P. -Power Point etc for required official uses.F.S. Matt Rick System: To make attendance of employee by pressing his thumb on machine. Practice/ Procedures: Companies contribute to PF and super annual fund as per the rules of P.SriDhara the Finance Director of SVE is handling the finance department and under his supervision he as two young and dynamic person they are Ms. Raw materials.Geetha and Ms.Studies Page 36 . Ms. Gratuity will be limited to half a month’s salary for each completed year of service. The company has given interest free loan and advance in the nature of loans of employee’s recovery are made according to the stipulated time.Priya for Accounts department.C. fund management. Stores & Spares are physically Surana Centre for P.SumaLatha and Ms.S.G.Sunitha for Documentation.Prathibha for billing and Ms. Software’s used to maintain accounts or records. forecasting. Mr.S. The Stock of Finished goods. M. Normal windows software like M. Perquisites shall be evaluated as per IT rule wherever applicable and in absence of any such rule perquisites shall be evaluated at actual cost.SIDHI VINAYAKA FAB ENGINEERING PVT LTD He is responsible for overall financial planning and for raising capital he has the following functions to perform major activities are financial. Act not excluding 12% of the basic salary. auditing and capital budgeting.-Word. Tally: To mention accounting records. Job analysis 4. Provide criteria (measuring yards) for performance evaluation of persons involved in recruitment. Recruitment & Selection 2.G.Mohamed Baseer Ahmed for Technical related Recruitment HUMAN RESOURCES POLICIES: The following are the some of the HR polices. Surana Centre for P. Salary Administration 5. 6. 5.SIDHI VINAYAKA FAB ENGINEERING PVT LTD verifies every quarterly. Provide formal statement of corporate thinking 2.Saraswati for Administrative purpose and Mr. Performance Appraisal 6.Studies Page 37 . They are as follows: 1. HUMAN RESOURCES DEPARTMENT: HR dept is mainly headed by Ms. Grievance RECRUITMENT POLICIES: 1. Offer guidelines to managers for thinking action. Establish consistency in application of policy over a period 3. Build employees enthusiasm and loyalty and increase their confidence. 4. Training & Development 3. Improve communication and secure co-operation from employees. . There are totally 3 types of workers.Sc. Technical.E. So at all work.. They must qualified as any technical course like B. B. 193 are Male-employees and remaining 5 are Female-employees.T. dispatch accounts. The majority of workers in HIPL is Non-Technical workers are doing their work in production but Non-Technical workers are handling all related work of organization. Diploma and I. Non-Technical : Non-Technical employees are those whoever comes or works all related jobs of marketing.SIDHI VINAYAKA FAB ENGINEERING PVT LTD MAN POWER: Man power is major aspect of any business or organizational activity without man no production. qualification and work. security. They divide workers according to their skill. knowledge. Non-Technical Labor Group.G. etc. Non-Technical workers are: Management Security Surana Centre for P. and no business. They have 198 workers.Studies Page 38 . Man power or human resource of HIPL is very good. store. all activities of business are based on man power of the organization.I. Success of every organization is depending on man power of that organization. Technical: The Technical workers are the base of production.. The workers or employees of technical are: Engineers Section or Shift In charge Lab Attainder etc. management etc. No 1. The SVE holds 4 shifts per day. Labor Group: These are the employees of HIPL who works under or who works as assistant of employees. 4. who work in the administration section. The wages are given before 10 th of the month. helping etc.Studies Page 39 .SIDHI VINAYAKA FAB ENGINEERING PVT LTD Accounts Stores Marketing etc Requirement of employees is depending on their work. Surana Centre for P. The wages are paid directly to the employees through cheque and through direct cash to the employees. 3. EMPLOYEES STRENTH There are 190 employees in the factory. 2. The working hours for an employee are 8 hours. They are just for normal or minor works as cleaning. Sl. Shift A B C D In Time 06:00 AM 02:00 PM 10:00 PM 08:30 AM Out Time 02:00 PM 10:00 PM 06:00 AM 05:30 PM Total Hours 8 8 8 8 Wages are given on time basis.G. SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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. planning the following points are determined Design and development stages. Design and development planning: For the process of design and development. Surana Centre for P.Studies Page 40 . Responsibility and authority for design and development.G. Review verification and validation that are appropriate to each design and development stage. Studies O = Opportunities O = Opportunities Page 41 .G. Such an analysis of the strategic environment is referred to as SWOT analysis.SIDHI VINAYAKA FAB ENGINEERING PVT LTD Chapter-5 SWOT ANALYSIS: A scan of the internal and external environment is an important part of the strategic planning process. As such. it is instrumental in strategy formulation and selection S = Strengths S = Strengths T = Threats T = Threats SWOT SWOT W=Weaknesses W=Weaknesses Surana Centre for P. 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). The SWOT analysis provides information that is helpful in matching the firms resources and capabilities to the competitive environment in which it operates. Surana Centre for P. Products are ISO 9001:2000 certified Productivity enhancement through both quality and quantity of the product. Good coordination between employee and employer.G.SIDHI VINAYAKA FAB ENGINEERING PVT LTD Strengths: SVE is supported by experienced and qualified Directors. The Directors are from engineering background and their services are available to the company. SVE provides healthy working conditions and safety equipments to the workers and fulfils their needs and wants.Studies Page 42 . Easy availability of raw material. G. Weakness: Dependence on only one major customer . Established customers in automotive.SIDHI VINAYAKA FAB ENGINEERING PVT LTD SVE has adopted modern technology for its operations. machine tool and general engineering sectors – varied customer segments Continuous updating ensures a spirit of constant learning among the employees.Studies Page 43 . Wastage of raw materials due to non Handling of raw material in a scientific manner. Effective distribution of work in the organization. Surana Centre for P. In house availability of technically skilled manpower and superior technology helps SVE to supply best quality product. This results in transport of semi finished goods to other units back and forth for further process results in high production cost. Professionally managed company. the Railways Production Process located in multiple locations. Requires heavy capital expenditure. Studies Page 44 .SIDHI VINAYAKA FAB ENGINEERING PVT LTD Surana Centre for P.G. Studies Page 45 .SIDHI VINAYAKA FAB ENGINEERING PVT LTD 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 . Surana Centre for P.G. There is no proper canteen facility in the organization.SIDHI VINAYAKA FAB ENGINEERING PVT LTD CHAPTER. SVE has provided a family atmosphere in the organization. Highly qualified top management. Effective distribution of work in the organization.Studies Page 46 .6 FINDINGS & CONCLUSION Findings: SVE is rich in technology as they are using CNC machines. There is no labour union. Training is the major tool for maximizing the productivity.G. Surana Centre for P. Good communication with workers. Provides opportunity for the employees to enhance their learning by conducting various events and other orientation programs. SIDHI VINAYAKA FAB ENGINEERING PVT LTD Conclusion: The training gave valuable information and helped to know the practical part of the theories and problems studied in the past years. Mainly the study of individual departments was very enlightening and the knowledge gained has helped in understanding industrial practices. SVE is headed by experienced and qualified Directors and their experience in the engineering field will take the company to greater heights. the purchasing procedure etc was discussed and the risk involved in doing the business was understood.Studies Page 47 . A study on the history of the company reveals that the past years of the company were really magnificent and excellent. The company is working more efficiently. distribution. The company is utilizing the resources at its maximum for healthy production. the practical steps of production.G. During the training period. Surana Centre for P. 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. Increase the productivity by providing rewards and appreciation. The company has to make effective utilization of available resources.Studies Page 48 . Surana Centre for P. Enlarge the warehouse capacity to stock the raw materials / finished products. 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.G. Conducting sports and cultural events to harmonies the relation among the employees.7 SUGGESTIONS AND LEARNING EXPERIENCE Suggestions: Innovate and develop new and existing products.SIDHI VINAYAKA FAB ENGINEERING PVT LTD CHAPTER. The company should control the expenditure and cut down unnecessary cost. He understands how to live and face various unforeseen situations. as MBA’s would be ready to have an interface with the corporate world with determination. The employees of SVE had been of tremendous support to me in doing my project work. It should take more care towards customer retention. and by being exposed to the real conditions in a systematic manner. Students coming out. Today’s corporate world demands for all these qualities. In this organization study I have learnt a lot. In life a person enhances his knowledge only when exposed to real world situations. They guided me in Surana Centre for P.SIDHI VINAYAKA FAB ENGINEERING PVT LTD Participation in interstate and international trade fairs frequently would help in promoting the product and bringing the brand identity internationally. This is because every human being learns hence only out of experience and experience is the way of life. Learning Experience Learning is synonymous to experience. without which facing the corporate world is a difficult task.G. Interacting with an Organization that has existed since long was an experience of a life time. This is exactly what the MBA course does to its students. confidence and competence. 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.Studies Page 49 . G. culture . strategies regarding their competitors its future growth and prospectus etc. Surana Centre for P.SIDHI VINAYAKA FAB ENGINEERING PVT LTD every step and gave all the necessary information for doing the organization study. 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 . This has made me learn that people in organization are accommodative in HR. It was my first exposure in a manufacturing industry. During the 5 weeks it was my pleasure to work with Sidhi Vinayaka Fab Engg Pvt Ltd. It gave me immense knowledge about how a manufacturing industry works.Studies Page 50 . the nature of production . G.Studies Page 51 .SIDHI VINAYAKA FAB ENGINEERING PVT LTD Chapter-8 Bibiliography BOOKS: Company manuals Department manuals Financial statements Interaction with Manager Surana Centre for P. SIDHI VINAYAKA FAB ENGINEERING PVT LTD Surana Centre for P.Studies Page 52 .G.