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Information about STR

Published on September 14, 2008

Author: jitupatel


Slide 1: PRESENTATION ON SUMMER TRAINING REPORT UNDERGONE AT ROLEX RINGS Pvt. Ltd. RAJKOT OM VINDHYAVASINI INSTITUTE OF MANAGEMENT; MORBI. PRESENTED BY-: Jitendra Patel Roll No.-38 MBA Sem- III CO’S INTRODUCTION : CO’S INTRODUCTION Rolex Rings Pvt. Ltd. Is located at Rajkot. Company was established in 1980 by seven Madeka brothers. Today company’s M.D. is Mr. Maneshbhai Madeka. Company deals with B2B activity. Company can produce nine types of products. Infrastructure of company. Total area -: 2.5 Lac Sq.Ft Build up area -: 1.0 Lac Sq.Ft FUTURE PLAN : FUTURE PLAN RRPL has planed to install new machinery for production of smallest rings of 20mm ID to 105mm OD. PRODUCTION DEPARTMENT : PRODUCTION DEPARTMENT Annual Capacity Per year. In forging - 72.6 million rings In machining - 60.5 million rings Today company utilize average 87% of it’s installed capacity. 7 sub production department. No. Of machines in each production department. CNC-1,2 and 3 250 Sakamura 2 Mitsubishi 2 Manyo 6 Conventional 5 PRODUCTION PROCESS : PRODUCTION PROCESS RAW MATERIAL FORGING NORMALISING VISUAL CHECKING COLD ROLLING PACKAGING HUMAN RESOURCE DEPARTMENT : HUMAN RESOURCE DEPARTMENT Total Employees Cont… : Cont… Recruitment & Selection Induction Training Four days on the job training is given to new workers. Once a time in a year company provide training for every employees. Welfare & Safety SALES DEPARTMENT : SALES DEPARTMENT Domestic Customers. - SKF INDIA Ltd. - ABC Bearing INDIA Ltd. - TISCO. Overseas Customers. - TIMKEN ITALIA - TIMKEN FRANCE - TIMKEN CHINA - SKF MEXICO Customers of RRPL SALES OVERVIEW : SALES OVERVIEW SALES In Rs (Million) In Percentages. Sources: Co’s Balance Sheet TOTAL 1677.69 2356.63 100% FINANCE DEPARTMENT : Capital Structure (31st March, 08) - Equity share Rs. 150.00 million - Preference share Rs. 120.23 million - Reserve and Surplus Rs. 300.00 million - Secured Loans Rs. 260.67 million - Unsecured Loans Rs. 77.00 million Net loss (2007 - 08) Rs. 13.27 million FINANCE DEPARTMENT Sources: Company’s Balance Sheet 2007-08 PROBABLY REASON FOR LOSS : PROBABLY REASON FOR LOSS Sources : Co’s Profit & Loss A\C. CONCLUSION : CONCLUSION There is no trade union. Relationship between workers and supervisor is supportive. There is a participative management which is strong point of company. FINDINGS : FINDINGS Company give only one break of 45 minutes during ten working hrs. There is no any canteen facility in company. Company has not proper tools for quality checking. RECOMENDATION : RECOMENDATION Company should to give one short break of 10 minutes after lunch break. Company should to purchase some specific tools for perfect quality checking. Slide 15: THANK YOU

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