International Business Environments and Operations 16th Global Edition test b...
Operations management
1. Organizational Study at Steel
Industries Kerala Limited
Presented by
Nair Venkatesh Ravidranath
S1 MBA
IMT
2. INTRODUCTION
This study is aimed for knowing the different
levels of the organization and its functioning
towards the society .
As a management student this study will
reveal about the important facts about
efficiency of the management.
3. INDUSTRY PROFILE
• Steel has had a major influence on our
lives, the cars we drive, the buildings we work
in, the homes in which we live and countless
other facets in between. Steel is used in our
electricity-power-line towers, natural-gas
pipelines, machine tools, military weapons-
the list is endless. Steel has also earned a
place in our homes in protecting our
families, making our lives convenient.
4. Objective of the study:
To study the overall functioning of the firm.
5. COMPANY PROFILE
• Steel Industries Kerala Limited (SILK), a fully
Government of Kerala Undertaking was
established in 1975 and started its production in
28th February 1980.
• Its is a major industrial conglomerate in the State
of Kerala, with in house infrastructure facilities
for design and engineering, steel and structural
fabrication, manufacturing of steel and iron
casting, alloy steel forgings, machines, etc.
6. • Steel Industries Kerala Limited (SILK) was
incorporated under the companies Act, 1956
and is fully owned by the Government of
Kerala and governed by a Board of directors.
• The Steel Fabrication Unit at Cherthala
commenced commercial production in 1980.
• The total Land available in Steel Fabrication
Unit is 26 Acres.
• SILK has 5 Manufacturing Units, 2 Service
Divisions and 2 Subsidiary Companies -
7. Manufacturing Units
• Steel fabrication Unit, Cherthala, Alappuzha.
• Ship Breaking Unit, Beypore, Kozhikode.
• Ship Building Unit, Azhikkal, Kannur.
• General Engineering Works, Thuravoor, Alappuzha.
• Foundry Unit, Ottapalam, Palakkad.
Service Divisions
• Power Engineering & Export Division, Thrissur.
• Trading Division, Thrissur.
Subsidiaries
• Autokast Limited, Cherthala, Alappuzha.
• Steel & Industrial Forgings Limited, Thrissur
8. VISSION AND MISSION OF THE COMPANY
Vision
To be the world's most reliable and innovative
manufacturer, service and solution provider in the steel
industry.
Mission
To supply high-quality steel products,
providing related services and solutions to a worldwide
client base while utilizing innovative technologies
within an environment of motivated employees
focused on continuous improvement, highest business
standards, work ethics and corporate citizenship,
leading to added value to our customers and sustained
return on investment to our shareholders.
9. DEPARTMENTAL PROFILE
• Human Resource Development Department
• Finance Department
• Production Department
• Material & Projects Department
• Marketing Department
10. Human Resource Department
• IT IS A SPECIALIZED BRANCH OF
MANAGEMENT.
• IT AIMS AT RELATING PEOPLE AT WORK WITH
THE ACTIVITIES NECESSARY TO ACHIEVE
GOALS.
• PROVIDES NECESSARY TRAINING.
• RESPONSIBLE FOR THE SATISFACTORY
RELATION SHIP BETWEEN ORGANIZATION
AND PEOPLE
11. FINANCE DEPARTMENT
• FINANCE IS THE PROVISION OF MONEY WHEN
IT IS NEEDED.
• IN SILK IT IS CONCERNED WITH
MAINTENANCE OF ACCOUNTS AND
PREPARATION OF FINAL ACCOUNTS.
• COMPANY FOLLOWS DIFFERENT TYPES OF
AUDIT SUCH AS INTERNAL AUDIT EXTERNAL
AUDIT .
12. Production Department
• Entrusted with actual production and
fabrication of steel.
• Process of shaping, refining, and improving
the mechanical properties of metals.
• Control plastic deformation under impact or
pressure.
13. Material & Projects Department
It is divided in to purchase section, store
section, and project section.
• Purchase Section –
1. Deals with the purchasing of goods.
2. Evaluates the offer received from the various
vendors.
3. Considers many factors such as
price, quantity, quality, delivery time etc.
14. • Store Section –
1. Responsible for receiving raw materials and
getting clearances from quality control
department for issuing them to production.
2. This departments records the movement of
raw materials, consumables, and spares and
maintain records like daybook, goods
receipt, bin card etc
15. • Projects Section –
Concerned with undertaking various projects
like expanding factory building, and
maintaining computer system in all
department of the company and also for
networking the departments.
16. MARKETING DEPARTMENT
• MARKETING DEPARTMENT DEALS WITH SALES
OF THE PRODUCTS.
• IN SILK MARKETING PROVIDES VARIETY OF
FUNCTIONS RIGHT FROM CUSTOMER TO
PHYSICAL DISTRIBUTION OF GOODS
• PRIMARY DUTY IS TAKE DECISION OF
PRODUCT MIX AND PROMOTION.
17. CONCLUSION
From the organizational study conducted at
Steel Industries Kerala Ltd , I got a practical
experience regarding the organizational
functioning . So I arrived at the conclusion
that the organization is not working properly
due to inefficiency of management.