SMK Techno project

8/20/2019 SMK Techno project

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INTRODUCTION

The organizational study undergone at SKM TECHNO CRAFTS. The study was

a good exerien!e to "now a#out SKM TECHNO CRAFTS Chennai.

The general o#$e!ti%e o& this rogra' was to gain ra!ti!al "nowledge on the

o%erall &un!tioning o& the %arious deart'ents li"e &inan!e deart'ent( hu'an resour!e

deart'ent( rodu!tion deart'ent( 'ar"eting deart'ent and ur!hase deart'ent o&

organization. )uring the study a lot o& ra!ti!al "nowledge had #een gained a#out the

!o'any and !o'any er&or'an!e. This study reared to #e hel&ul in gaining idea

'ore in&or'ation a#out the resent !ondition re%ailing in the industry and the strategies

that will ro%e #ene&i!ial &or 'e in the &uture %entures.

)uring the study to "now a#out ur!hases o& !o'any( in%entory 'anage'ent

rodu!tion ro!ess and ro!edure( e'loyee details( wor"ing !ondition( wor"ing hours(

&a!ility ro%ided #y !o'any( sele!tion ro!ess and re!ruit'ent oli!y in %arious

deart'ent o& SKM TECHNO CRAFTS.

The ur!hase deart'ent ur!hase o& raw 'aterial *steel+ &ro' usual steelsuliers. So'eti'es the !usto'ers !hose the suliers then ur!hase deart'ent

ur!hase the raw 'aterial &ro' that suliers.

The hu'an resour!e deart'ent o& the organization ro%ides se!ialized !on!et

'ethods o& te!hni,ues &or the integration o& !o-ordination o& hu'an resour!e in order to

'o%e e&&e!ti%ely towards the desired o#$e!ti%es.

The reort gi%es an insight a#out the !o'any and its %arious &un!tional

deart'ent( the o#$e!ti%es o& the !o'any and how the !o'any to a!hie%e its

o#$e!ti%es.


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INDUSTRY PROFILE

HSTOR/ OF 0O1T N)2STRES

The &irst ali!ation o& 'a!hinery &or 'a"ing #olts and s!rews was 'ade #y

0esson in Fran!e in 3456( who a&terwards !ontri%ed a s!rew-!utting gauge or late to #e

used on lathes. n 3573( al'ost a !entury later( this de%i!e was &urther i'ro%ed #y

Hindley o& /or"( England( and &or 'any years was in general use.

The notion o& a nut and #olt 'anu&a!tory in A'eri!a originated with Mr. Mi!ah

Rugg( a s'all !ountry #la!"s'ith( in the town o& Marion( Southington Townshi(

Conne!ti!ut in 3636. n studying the #est 'ethods o& 'a"ing tools to 'anu&a!ture

i'le'ents( he in%ented and #rought out two 'a!hines &or 'a"ing !arriage #olts.

n the New /or" Coa!h-Ma"er8s Magazine( Mar!h 3656( age 343 we &ind the

&ollowing des!rition9 :His &irst oeration was to !ut u #ars o& s,uare iron into suita#le

lengths to &or' the intended #olts( then heating one end o& these ie!es( he rounded the'

with die and swage whi!h were inserted into the 'ortise o& his an%il. The next oeration

was to head these ie!es( and disdaining the old 'ethod o& the heading-tool( he e'loyed

&or that urose an i'ro%ed dro-die. The surlus 'etal whi!h &or'ed around the head

o& the #olt #y the dro he tri''ed o&& with a die in a hand-ress. Then with a win!h(

whi!h !arried the ne!essary &ixtures uon one end o& a sha&t to whi!h it ga%e 'otion( the

#olt #eing held in this &ixture( the threads were !ut #etween dies( whi!h were hinged at

one end and had a weight atta!hed to the other to hold the' together with su&&i!ient

ower to ena#le the die to !ut the thread.:

:t was se%eral years #e&ore ower was alied to er&or' this oeration( and

when that was done a #oy !ould a!!o'lish 'ore and with greater ease than hal&-a-dozen'en !ould re%iously with the old &ixtures. t was a#out this ti'e that the turned head

was introdu!ed( and( i& we are not 'ista"en( it was to !ir!u'%ent the atented ro!ess o&

the dro. The #olt-heads were headed with an aroriate tool( and the edges or sides

were #e%eled( a#out &i&teen #lows o& the ha''er generally er&or'ing the oeration( and

then they were inserted in the end o& a re%ol%ing 'andrel( held there #y a s!rew( and a


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tool si'ilar to the ,uadrangular de!"-s!raer e'loyed to &ashion this head li"e the one

as &or'ed with the dro( water &lowing in a su!!ession o& dros uon the head during the

ro!ess to re%ent the &ri!tion destroying the turning-tool. These #olts were then a!"ed

in aer en%eloes and sent to 'ar"et.:

The &oregoing !ut illustrates the Rugg ; 0arnes 'ethod o& &ashioning #olts &ro'

s,uare iron. No. 3 reresents the #lan" with !ountersun" head &or'ed in a hand tool #y

dri%ing the sto!" down with a hand ha''er. No. < reresents the sa'e #lan" with head

turned down to roer shae #y the oeration o& a &oot-ower dro ha''er( as indi!ated

#y dotted lines. No. = reresents the &inished rodu!t.

)ue to the ingenuity o& Mr. >illia' ?. Clar" o& Milldale( Conne!ti!ut( the

'ethod o& &orging !arriage #olts was !o'letely

re%olutionized in the early 365@s.

The re!ords o& the atent O&&i!e show that in

O!to#er( 364B( he !onstru!ted dies and rodu!ed

!arriage #olts 'ade o& round iron( ha%ing the angular

ne!" under the head o& the #olt &or'ed #y :lateral

swaging: or !o'ression o& the dies at the sa'eoeration #y whi!h the head was &or'ed on the #olt #y the usetting die or :lunger.:

n the &all o& 3653 a &ew :in!hed ne!" #olts: were ut on the 'ar"et( and 'ore

in 365


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&ore!ast oor growth in 'any "ey downstrea' 'ar"ets exe!ted to result in de!lining

industry re%enue o%er the outloo" eriod. The threat o& international !o'etition is

exe!ted to grow o%er the eriod( and do'esti! rodu!ers will ha%e to i'ro%e

e&&i!ien!y and shi&t their &o!us to the de%elo'ent o& highly engineered(

te!hnologi!ally ad%an!ed &aster and &astening syste's in order to sur%i%e.

The 'anu&a!turers o& this industry 'a"e 'etal &astening rodu!ts. These &ir's

!an #e di%ided into two grous #ased on the tye o& &astening rodu!ts they

'anu&a!ture. re!ision &astening rodu!ts are !usto' 'ade &or a arti!ular ro$e!t or

!usto'er. Alternati%ely( 'etal #olt( nut( s!rew( ri%et( washer and industrial &astening

rodu!ts are &a#ri!ated to an industry standard and are designed to &ul&ill the

re,uire'ents o& the wider 'ar"et.

INDUSTRY PERFORMANCE

The industry er&or'an!e is di%ided into < arts Histori! er&or'an!e( and

Current er&or'an!e.

• The Current er&or'an!e se!tion ro%ides resear!h analysis on

er&or'an!e trends o%er the 'ost re!ent &i%e years( with "ey indi!ators

dis!ussed. For exa'le( &inan!ial trends( rodu!t trends( rodu!tion

%olu'e( external e%ents and internal trends that !ause !hange.

• The Histori!al er&or'an!e se!tion o& the 'ar"et reort details

re%iously i'ortant e%ents in the de%elo'ent o& the industry.

Market Characteristics

The #eha%ior and attri#utes o& The Mar"et( or !usto'er #ase &or this industry.

t ro%ides data trends( 'ar"et statisti!s( and industry analysis &or9

Mar"et Size exlains the size o& the do'esti! 'ar"et( as well as the size o& the

exort 'ar"et.

1in"ages lists the industry8s 'a$or sulier and 'a$or !usto'er industries.


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)e'and )eter'inants are "ey &a!tors whi!h are li"ely to !ause de'and to rise

or &all.

)o'esti! and nternational Mar"ets de&ines the 'ar"et size &or the rodu!ts and

ser%i!es o& the industry. This se!tion ro%ides industry in&or'ation on the sizeo& the do'esti! 'ar"et and the roortion a!!ounted &or #y i'orts and exorts

and trends in the le%els o& i'orts and exorts.

0asis o& Co'etition outlines how !o'etitors di&&erentiate the'sel%es within

the industry as well as highlighting !o'etition &ro' external su#stitute

rodu!ts &ro' alternati%e industries.

1i&e Cy!le is an analysis o& whi!h stage o& de%elo'ent the industry is at

deri%ed #y analyzing #y growth trends( inno%ation( ownershi !hara!teristi!sand rate o& !hange within the industry.

Industry Conditions

The 0arriers to Entry se!tion outlines &a!tors that !an re%ent a start-u &ro'

entering the industry( and also gi%es an indi!ation o& the extent to whi!h this

o!!urs.

The Taxation se!tion details all "inds o& taxation that are se!i&i!( or

arti!ularly i'ortant to this industry( in!luding taxation !on!essions.

The ndustry Assistan!e se!tion re&ers to any go%ern'ent or other 'easures

designed to i'ro%e the er&or'an!e o& this industry. The indi!ator trends o&

this assistan!e are noted.

The Regulation and )eregulation se!tion has industry in&or'ation regarding

regulation andGor deregulation to this industry.


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COMPANY PROFILE

SKM TECHNO CRAFTS is ro'oted #y Mr!"a#asu$ra%anian. He is the

Managing )ire!tor o& the SKM TECHNO CRAFTS. The registered o&&i!e !ontrols this

!o'any and &a!tory whi!h is lo!ated in Chennai.

The SKM TECHNO CRAFTS is lo!ated in Kandan!ha%adi( Chennai. This la!e

is lo!ated < "ilo'eters &ro' Title ar". 1i!ense was gi%en in 3BB6 and rodu!tion was

started on 5th 'ar!h 3BBB. This !o'any 'anu&a!turing auto'oti%e !o'onents *#olt+

&or &a$ co ' T(s )India* #td+ other auto'o#ile !o'any and shiing !onstru!tion

!o'any.

t roudly says that its &asteners are 'anu&a!tured using 8state-o&-the-art8

te!hnology with an SO B@@3 !erti&i!ation. ts ,uali&ied te!hni!al tea' ensures that

e%ery rodu!t is tested &or its ,uality using a &ully !ontrolled ,uality 'anage'ent

syste' 'aintaining tra!ea#ility o& the rodu!ts &ro' their initial sour!e o& suly to

&inal disat!h to the !usto'er.

SKM TECHNO CRAFTS is "nown &or its ,uality rodu!ts in ndia ; o%erseas.

Here ,uality has #een exressed in %isi#le ter's and has un,uestiona#ly #een the

rin!ile &a!tor &or the outstanding growth o& the !o'any. ts !o''it'ent o& ,uality

and dee insight into the !usto'er re,uire'ent 'a"es us one o& the %ery &ew !o'anies

deli%ering su!h a %ast range o& rodu!ts. Custo'ers ha%e grown a!!usto'ed to its

outstanding standards &or ,uality( relia#ility and unaralleled %alue &ro' ro!ure'ent and

deloy'ent through total !ost o& ownershi. uality has always #een integral art o& its

!ororate !ulture and e%ery e&&ort is 'ade to ensure that !usto'ers get %alue &or 'oney.

The !o'any has in!luded s"illed e'loyees at all le%els to #ring their exerien!e and

exertise into the 'anu&a!ture o& its rodu!ts.

A detailed &low ro!ess !hart &or ea!h oeration o& 'anu&a!turing ro!ess hels to

'aintain !lose toleran!es during rodu!tion. Sulying rodu!ts !o'leted #y all

ertinent ser%i!es is 'ain &a!tor o& !o'etiti%eness. This is also the #ase o& its ex!ellent


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trade results and a!hie%e'ent on national as well as international 'ar"et. A !o'uterized

'anage'ent o& its warehouse assures enough suly in order to ha%e a raid exe!ution o&

orders and deli%ery ser%i!e.

COMPANY AIMS

The greatest eriod in the annals o& SKM TECHNO CRAFTS are the se%en years

o& exerien!e( during whi!h !ororate !are and #usiness &oresight rewarded the Co'any

with a uni,ue osition-o& #eing &ir'ly e'#edded in the &ier!ely !o'etiti%e 'ar"et.

0right Steel #egan with a %iew to #e 'anu&a!turer ; exort High uality 2-0olts(

Srings( Sring in( Center 0olts( Threaded Rods( et!. &or Auto'o#ile ndustries that

#lend engineering with te!hnologi!al exertise( and with the urose o& !usto'izing !ost-

e&&e!ti%e solutions &or the se!i&i! re,uire'ents o& %aried industries and wide

ali!ations.

MISSION STATEMENT

Co'any Fully Sta&&ed and Cross Trained !usto'er ser%i!e deart'ent

se!ializes in #uilding and nurturing !usto'er relationshis. Ea!h a!!ount is assigned a

!usto'er ser%i!e reresentati%e( ensuring relia#le hands on a!!ount 'anage'ent and

well in&or'ed ro#le' sol%ing !aa#ilities. Meeting and ex!eeding the exe!tations o&

its !usto'ers is goal o& the !o'any. And it #elie%es that good !o''uni!ation is the

la!e to start.

,ISION STATEMENT

Co'any Iision is to #e!o'e a glo#al entity in the &ield o& rodu!tion and sales

in steel &asteners. t is !o'any %ision to sread its wings all o%er the world and 'a"e a

Jlo#al na'e #y ro%iding the world with #est ,uality rodu!ts in the #est "nown ways

&or the #est o& !usto'ers.


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PRODUCT PROFILE

SKM TECHNO CRAFTS 'anu&a!turing #olts &or hea%y %ehi!le li"e lorry( tru!"

or !a'ion( #us and !ar. The SKM TECHNO CRAFT 'anu&a!turing %arious tyes o& #olts li"e hea%y hex #olts( Hex #olts( hu# #olts( wheel #olts( Hexagonal #olts( Hexagonal

Flange 0olt and Hex head #olts &or %arious !a'ions 'anu&a!turing !o'any and other

auto 'o#ile !o'anies.

-E. "OLTS

Hex #olts *six sided heads+ are the industry standard &or &asteners with &orged

heads. ASTM A=@D grade a #olts( all SAE hex #olts( and se%eral other !o''on

se!i&i!ations re,uire a standard *&inished+ hex head. For se!i&i!ations su!h as A=@D

grade 0( A=


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TIM"ER "OLTS

Ti'#er #olts are also re&erred to as do'e head( e!ono'y( &ender head( sa&ety

head( and 'ushroo' head #olts. They are used in 'arine and wood ali!ations.

The underside o& the large( rounded( low-ro&ile head o& a ti'#er #olt has two

nu#s or &ins whi!h re%ent the #olt &ro' turning in the ti'#er. The o%ersized ti'#er #olt

head eli'inates the need &or a %a##ea$#e iron &asher( and there&ore redu!es !osts.

STRUCTURAL "OLTS

Hea%y hex stru!tural #olts are designed &or steel-to-steel stru!tural !onne!tions.

Conse,uently( they are tyi!ally %ery short. The A=


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MAC-INE "OLTS ; CROSS ARM "OLTS

Ma!hine #olts with a s,uare head are the standard &or the ele!tri!al utility

industry. Also re&erred to as !ross ar' #olts they are used &or &astening ole line hardware

and ele!tri!al distri#ution e,ui'ent to wooden !ross ar's( oles( and other stru!tures.

These #olts 'eet the re,uire'ents o& EEE C3=4.3-3BBB and ANS 036.


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"UTTON -EAD "OLT

0utton head #olts *round head+ are !o''only used in wood !onne!tions. 0utton

head #olts are si'ilar to !arriage #olts( #ut without the s,uare ne!" under the head.

0e!ause they are used with wood( #utton head #olts are rarely high strength and %irtually

always sulied in a standard ASTM A=@D se!i&i!ation.

COUNTERSUN! "OLTS

Countersun" #olts are used when a s'ooth sur&a!e is re,uired. Co''on

ali!ations in!lude9 #ridge de!"ing( wal"ways( and railing.

STEEL STRUCTURE STEP "OLT

Ste #olts are !o''only used on !o''uni!ation and ele!tri!al towers. These

#olts are generally ro%ided with two A3B7-


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MANA:IN: DRICTOR

Jeneral Manager

)euty JeneralManager

Mar"eting

Manager

rodu!tion

Manager

Hu'an

Resour!eManager

Finan!e

Manager

ur!hase

Manager

Asst.Mar"eting

Manager

Asst.rodu!tion

Manager

Asst. H.R Manager

Asst. Finan!eManager

Asst. ur!haseManager

Sales

Coordinator

SalesExe!uti%e

Suer%isor Sta&& Manager Auditor

>or"ersSta&&sA!!ountants

OR:ANI=ATION C-ART OF S!M TEC-NO CRAFTS


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NEED FOR T-E STUDY

The study is underta"en in order to ha%e a !o'lete "nowledge a#out SKM

TECHNO CRAFTS( its organization stru!ture( its !ore areas( ro#le's &a!ed( strategies

and e&&e!ti%eness o& rodu!tion.

The study on the whole ai's at ro%iding a good outloo" on the !o'any( &or a

erson who would want to gather in&or'ation on the !o'any.


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O">ECTI,ES OF T-E STUDY

PRIMARY O">ECTI,E

To study the o%er %iew o& the !o'any.

SECONDARY O">ECTI,ES

The &ollowing are o#$e!ti%es o& the study.

To ha%e an idea a#out the %arious deart'ent in the !o'any.

• To "now the %arious 'ethods and ro!ess o& rodu!tion a!ti%ities.

o& the %arious 'a!hines in the !o'any.

• To "now the general &un!tions o& the !o'any.

• To "now the %arious &a!ilities ro%ided #y the !o'any.

• To "now the ra!ti!es and oli!ies o& the !o'any.


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DEPARTMENTATON

O$ser(ations a$out the concern

o#ser%ed the &ollowing deart'ents are this !on!ern.

• rodu!tion )eart'ent.

• Hu'an resour!e )eart'ent.

• Finan!e )eart'ent.

• ur!hase deart'ent.

• Mar"eting )eart'ent.


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PRODUCTION DEPARTMENT

Meanin?

rodu!tion 'eans !reation o& utilities and !o%ers all the a!ti%ities o& ro!ure'ent(

allo!ation and utilization o& resour!es su!h as la#or( energy( 'aterials e,ui'ent(

'a!hinery et!.( 2tilities goods and ser%i!es( whi!h ha%e( wanted satis&ying owers.

Sin!e rodu!tion deart'ent is !onsidered as the 'ain #a!"#one o& the !o'any.

Thus the deart'ent is &or'ed to #e well ad%an!ed in its &a!ility and has s"ill&ul wor"ers

to utilize the 'eans o& rodu!tion. SKM TECHNO CRAFTS is one o& the trusted na'esin%ol%ed in 'anu&a!turing %ariety o& standard and se!ial-grade &asteners.

The SKM TECHNO CRAFTS 'anu&a!turing #olts &or hea%y %ehi!le li"e lorry(

tru!" or !a'ion( #us and !ar. The SKM TECHNO CRAFTS 'anu&a!turing %arious tyes

o& #olts li"e hea%y hex #olts( Hex #olts( hu# #olts( wheel #olts( Hexagonal #olts(

Hexagonal Flange 0olt and Hex head #olts &or %arious !a'ions 'anu&a!turing !o'any.

Machineries

The !o'any owns


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There are 'any stes in the 'anu&a!turing ro!ess and e%ery ste is !riti!al. A

'isste !an lead to #olt &ailure. That8s why SKM !ontinually in%ests in #est e,ui'ent(

te!hnology and ersonnel.

The stes listed #elow are so'e o& the stes that a gi%en #olt goes through #e&ore

:AR: is sta'ed on the head your assuran!e that it has 'et SKMs rigorous ,uality

standards. E%ery #olt has a di&&erent 'anu&a!turing se!i&i!ation( so not e%ery #olt goes

through ea!h o& these stes.

• Cuto&& &ro' wire or #ar sto!".

• Heading - hot headed or !old headed #ased on the 'aterial and se!.

• Heat Treat.

• Ma!hining - under!ut i& !alled &or in the se!.

• Thread Rolling.

• Fillet Rolling - i& se!i&ied.

• Shot eening - to re'o%e stress risers.

• Metal Finishing - 0la!" Oxide !oated( or in the !ase o& Stainless( olishing.

• a!"ing - #olts are !oated to re%ent sur&a!e !orrosion rior to a!"ing and

storage.

Manu&a!turing Caa#ilities

-ot;Di/ :a#(ani@in?

The uni,ue on-site hot-di gal%anizing line is se!ially designed &or ,ui!"ly

rodu!ing ,uality gal%anized #olts.

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Threadin?

Multile threading otions are a%aila#le to ro%ide the highest ,uality threaded

rodu!t at the #est %alue. Roll and !ut thread through 5: in dia'eter.

-eadin?

Hot &orged #olts are a%aila#le through


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"endin?

The #ending deart'ent is a#le to #end steel &ro' 3Gelding( light &a#ri!ation and wedging are so'e o& the ro!esses we are a#le to

ro%ide.

Shi//in?

uality a!"aging and on ti'e deli%ery are its highest riorities.

Certi0ication and Testin?

>e ro%ide in-house 'e!hani!al( hardness and rotational !aa!ity testing.

Certi&i!ation do!u'ents are stored ele!troni!ally &or ,ui!" retrie%al.

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-UMAN RESOURCE DEPARTMENT

Meaning

n e%ery organization ersonnel deart'ent is an i'ortant one. An organization

is a hu'an grouing in whi!h wor" is done &or the a!!o'lish'ent o& so'e se!i&i!

goals. Managers are aointed at %arious le%els to organize and !o-ordinate the a!ti%ities

o& the tea' 'e'#ers or &ellow wor" asso!iates. This is !alled hu'an resour!es

'anage'ent.

Sin!e it deals with the 'anage'ent o& ersonnel in the wor" !li'ate( it is its

&un!tion to guide hu'an resour!es into a dyna'i! organization that attains its o#$e!ti%es

with a high degree o& 'orale and to the satis&a!tion o& that !on!erned. t is one o& the "ey

deart'ents( whi!h deals with ad'inistrati%e ro!edure.

)euty Jeneral Manager is the head o& this deart'ent( who !o'es dire!tly

under the !ontrol o& the ad'inistrati%e 'anager. n Hu'an resour!es deart'ent there is

= exe!uti%e and 7 sta&&.

COMPANY EMPLOYEES

TRAINEES

One who is engaged to learn wor" *or+ undergoes training with *or+ with out

re'uneration and who 'ay or 'ay not #e entertained a&ter he !o'letes the eriod o&

training. The eriod o& su!h training shall not ex!eed = years.

TEMPORARY


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CASUAL


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• The &a!tory should se!i&y the $o# re,uire'ent and other se!ial re,uire'ent

in!luding the 'ini'u' ,uali&i!ation and exerien!e in the leading Newsaer.

• Ali!ation shall #e re!ei%ed and s!reened at the ersonnel deart'ent. The

short listed !andidates will #e !alled through nter%iew !all letter.

• They sele!t the erson through these sour!es( e'loyee agen!ies &ield tris(

Edu!ation nstitution.

SELECTION

The &ollowing ways are adoted in sele!tion9

• They !ondu!t written test( to "now the a#ility o& the erson.

• They !ondu!t the ersonal nter%iew.

• On!e the nter%iew is !o'leted( the re!o''endation o& the nter%iew !o''ittee is

&orwarded to the Managing dire!tor.

• The sele!ted !andidate will #e issued the ro%isional aoint'ent letter.

• All the sele!ted !andidates shall #e ta"en into e'loy'ent only on their #eing

de!lared 'edi!ally &it either #y the &a!tory 'edi!al o&&i!er or #y the 'edi!al o&&i!er aointed #y the !o'any.

APPOINTMENT

E%ery wor"'an ex!et !asual wor"'an shall #e gi%en a letter o& aoint'ent in

the res!ri#ed &or' issued #y the authority authorized in this #ehal&( #y SKM TECHNO

CRAFTS and su!h orders shall state the ter's and !onditions. t will !ontain the nature

o& aoint'ent !ategory or grade( initial ay( s!ale o& ay and allowan!es to whi!h he is

entitle. E%ery wor"er a&ter aoint'ent-shall su#'it a $oining reort in writing and

reort hi'sel& to the o&&i!er o& the deart'ent !on!erned.


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PERSONAL FILE

The !o'any shall 'aintain aroriate re!ords &or e%ery wor"er( #y entering the

arti!ulars regarding his date o& #irth( ,uali&i!ation( date o& e'loy'ent( dates o&

in!re'ents i& any( unish'ent or !o''endation i& any( lea%e and other su!h arti!ulars.

LEA,E


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RETIREMENT

E%ery wor"'an shall retire on !o'leting the age o& &i&ty-eight years( whi!h shall

#e the age to suer annulations. ro%ided that the 'anage'ent 'ay in their dis!retion

extend the eriod o& ser%i!e o& any wor"'an on rea!hing the said age o& suer

annulations &or su!h longer eriod as 'ay #e !onsidered ne!essary.

For the urose o& retire'ent the age o& the wor"'an shall #e re!"oned on the

#asis o& date o& #irth *or+ age &inished #y the wor"'an at the ti'e o& aoint'ent. The

date o& #irth *or+ age o& the wor"'an de!lared at the ti'e o& aoint'ent shall not #e

altered under any !ir!u'stan!es.


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FINANCE DEPARTMENT

Meanin?

Finan!e deart'ent is that 'anagerial a!ti%ity whi!h is !on!erned with the

'o#ilization o& resour!es( lanning and !ontrolling o& the &ir's &inan!ial re!ourse.

Finan!e is the li&e#lood o& #usiness. Finan!ing is the ro%ision on 'oney as and

when re,uired #y #usiness enterrises. No #usiness enterrise. No #usiness enterrise

!an #e started and run without &inan!e.

Finan!e 'anager is resonsi#le in a signi&i!ant way to !arry out the &inan!ial

&un!tion. He is one o& the dyna'i! 'e'#ers o& to 'anage'ent tea' and his role is

#e!o'ing 'ore er%asi%e. n Finan!e deart'ent there is 3 exe!uti%e and B sta&&.

ACCOUNTIN: POLICY

n SKM TECHNO CRAFTS &inan!e deart'ent is 'aintaining the &ollowing

a!!ounting oli!ies.

• The !o'any &ollows the 'er!antile syste' o& a!!ounting and re!ognizes in!o'e

and exenditure on an a!!rual #asis ex!et in rese!t o& the ite's 'entioned hereunder.

• The &inan!ial state'ent is #ased on histori!al !ost.

• n%est'ent is %alued at !ost o& a!,uisition and di%idend on shares will #e

a!!ounted at the ti'e o& re!eit.

• reli'inary exenses ha%e #een a'ortized as er se!tion=4) o& n!o'e Tax A!t

3B53.

• Contingent lia#ilities are not ro%ided &or and are dis!losed #y way o& notes.

• The ,uantu' o& additional !ane ay'ent is announ!ed #y the !entral

Jo%ern'ent.

• Ex!ise duty aya#le on &inished goods held in sto!" at the end a!!ounting year

and will #e a!!ounted &or at the ti'e o& !learan!e o& those goods.

• Sales are a!!ounted ex!lusi%e o& ex!ise duty( sales tax and trade dis!ounts.


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:ENERAL ACCOUNTIN:

n general a!!ounting there are %arious a!tions i.e.( 0an" re!on!iliation state'ent

*0RS+ Jeneral 1edger( MCE !ase and #an"

CAS-

n the !ash se!tion Rough !ash#oo" is 'aintained and !ash %ou!hers are &eed on

day-to-day #asis. Cash day#oo" is also ta"en on daily #asis. The 'aintain ay'ent

%ou!her and re!eit %ou!her.

The !ashier &ills u this ay'ent %ou!her only. 0e!ause they use !o'uter

!odi&i!ation &or ea!h ay'ent *i.e.+ J.1.!ode and S.1 !oder. The !ashier 'ust ut

duli!ate !ash re!eit %ou!her &or &uture !he!" u 'is!ellaneous in!o'e in 'aintained

through !ashier #ut sales in!o'e is 'aintained #y head o&&i!e.

"AN!

The Co'anys su!h transa!tions with #an" su!h as re'ittan!e o& !ash(

withdrawal o& !ash &ro' the #an" are done through the #an" day#oo".

0an" a#stra!t o& #an" wise ay'ent will #e gi%en #y E) 0an" day#oo" and will

#e ta"en on!e in a 'onth and 0RS is done. The !o'anys transa!tion through %arious

#an"s *i.e.+ is ndian 0an"( ndian o%erseas 0an"( State 0an".

PURC-ASE DEPARTMENT

ur!hase )eart'ent lays a %ital role in ur!hase the needed e,ui'ent

'edi!ines( Raw 'aterial et! *i.e.+ re,uired #y the entire deart'ent the ur!hase

deart'ent !olle!t ,uotation &ro' %arious suliers. The raw 'aterial o& steel ur!hasing

&ro' leading steel !o'anies li"e TATA and ESSAR steel !o'anies. So'e !usto'ers

they !hoose the steel !o'anies then it ur!hase the raw 'aterial &ro' that !o'anies.


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MAR!ETIN: DEPARTMENT

Meanin?

Mar"eting is a !o'rehensi%e ter'. t in!ludes ri'ary resour!es su!h as hu'an

resour!es( Finan!e and 'anage'ent as well as a set o& a!ti%ities in order to dire!t the

&low o& goods and ser%i!es &ro' rodu!er to !onsu'er in the ro!ess o& ex!hange and

distri#ution.

Mar"eting in%ol%es a nu'#er o& inter-related a!ti%ities designed to lan( ro'ote(

distri#ute and ri!e a rodu!t *or+ ser%i!e in order to 'eet the wants and needs o& #oth

arties in ex!hange transa!tion !onsu'er and rodu!er.

Mar"eting is the !ore strength o& SKM TECHNO CRAFTS. The tea' has ro%en

exertise in su!!ess&ul laun!h o& new rodu!ts and esta#lishing the #rands in !o'etiti%e

'ar"ets.

The rodu!t tea' is !losely in%ol%ed with the oerations( &inan!e and sales tea's

at e%ery stage o& rodu!t de%elo'ent. This insight hels in de%eloing e&&e!ti%e

'ar"eting and !o''uni!ation strategies to ro'ote the rodu!ts. The rodu!t tea'8s

regular intera!tions with the sales tea's and the 'ar"et ensure that our !o''uni!ations

; ro'otional tools are !usto'er oriented.

Internationa# Market

SKM TECHNO CRAFTS has su!!ess&ully introdu!ed its rodu!ts in the

international 'ar"et !urrently &o!used in Asia and Euroe. The !o'any has a!hie%ed

high ,uality standards !on&or'ing to international nor's and 'aintains the !onsisten!y

in ,uality o& rodu!ts. The deli%ery !aa#ility and the !o'etiti%e ri!ing without

!o'ro'ising on ,uality has heled SKM TECHNO CRAFTS !ar%e a ni!he &or its

rodu!ts.

t has su!!ess&ully &orayed into glo#al 'ar"ets and its rodu!ts are #eing exorted to

Srilan"a( Jer'any( )u#ai( Sain and oland.


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FACILITIES PRO,IDED

DRIN!IN:


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SOT analysis is an extre'ely use&ul tool &or understanding and de!ision-

'a"ing &or all sorts o& situations in #usiness and organizations. S>OT is an a!rony' &or

Strengths( >ea"nesses( Oortunities( and Threats. n&or'ation a#out the origins and

in%entors o& S>OT analysis is #elow. The S>OT analysis headings ro%ide a good

&ra'ewor" &or re%iewing strategy( osition and dire!tion o& a !o'any or #usiness

roosition( or any other idea. Co'leting a S>OT analysis is %ery si'le( and is a

good su#$e!t &or wor"sho sessions. S>OT analysis also wor"s well in #rainstor'ing

'eetings. 2se S>OT analysis &or #usiness lanning( strategi! lanning( !o'etitor

e%aluation( 'ar"eting( #usiness and rodu!t de%elo'ent and resear!h reorts. S>OT

analysis !an #e used &or all sorts o& de!ision-'a"ing( and the S>OT te'late ena#les

roa!ti%e thin"ing( rather than relying on ha#itual or instin!ti%e rea!tions.

In S


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In S


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S


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Could extend to o%erseas.

New se!ialist ali!ations.

• Could see" #etter sulier deals.

Threats

1egislation !ould i'a!t.

En%iron'ental e&&e!ts would &a%or larger !o'etitors.

Existing !ore #usiness distri#ution ris".

Mar"et de'and %ery seasonal.

Retention o& "ey sta&& !riti!al.

Could distra!t &ro' !ore #usiness.

ossi#le negati%e u#li!ity.


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FINDIN:S

• They are using old te!hnology to 'anu&a!turing the 0olts.

• 2ns"illed e'loyees in area o& 'anu&a!turing.

• 1a!" o& sa&ety in 'a!hineries area.

• )ust and &u'e in this &a!tory.

• Finan!e deart'ent is not !o'uterized.

• High le%el o& sa&ety ro%ided to wor"ers

• Total e'loyees in%ol%e'ent is &a!ilitated at all le%els.

• En%iron'entally and so!ially resonsi#le.

• Iery well &a!ilities ro%ided &or e'loyees.


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SU::ESTIONS

• The !o'any !an rela!e the 'a!hineries and i'ort high te!hnology 'a!hineries

to 'eet the high le%el rodu!tion.

• ro%iding roer training to uns"illed e'loyees

• Ma!hineries 'ust #e &en!ed.

• The exhaust &u'es o& internal !o'#ustion engines 'ust #e !ondu!ted outside the

&a!tory.

• The !o'any !an i'le'ent !o'uterized in all deart'ents will redu!e waste o&

ti'e ese!ially &inan!e deart'ent.

• The Co'any !an own lorry or tru!"s to deli%er the rodu!ts.


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CONCLUSION

The SKM TECNO CRAFTS #olt 'anu&a!turing !o'any one o& the #est

ri%ate !o'any. !ould learn the er&or'an!e o& the organization( &un!tions o& %arious

deart'ents in the organization( %arious &a!ilities ro%ided #y the organization and

wor"ing !ondition o& the !o'any.

Jood relationshi is 'aintained #y the organization #etween the wor"ers

and the o&&i!ials and there is no any artiality #etween the'.

The !o'any should identi&y the needs( exe!tation o& the !usto'er and try to

deli%ery o&&ers and 'a"e the !usto'er satis&y. The &a!tors strongly re!o''ended are to

i'ro%e the ,uality( rodu!t &eatures( ser%i!e( and 'ar"eting and ro'otional o&&ers

underta"en.

thus !on!lude 'y institutional training reort through whi!h was a#le to

gain su&&i!ient "nowledge( whi!h !ould not ha%e gained otherwise.

Documents

SMK Techno project