smk techno project
TRANSCRIPT
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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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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.