a study on functional areas 0f vengateshwara

8/4/2019 A Study on Functional Areas 0f Vengateshwara

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A STUDY ON FUNCTIONAL

AREAS OF VENGATESHWARA

ENGINEERING IN HOSUR

INPLANT TRAINING REPORT

Submitted By

SARADHI.D

AC10MBF078

in partial fulfillment for the award of the degree

Of

MASTER OF BUSINESS ADMINISTRATION

Under the Guidance of

Mr.VIJAYSANKAR, MBA,(Phd).

DEPARTMENT OF MANAGEMENT STUDIES

ADHIYAMAAN COLLEGE OF ENGINEERING(An Autonomous Institution, Affiliated to Anna University of Technology, Coimbatore)

Dr. MGR Nagar, Hosur635109


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JULY 2011

CERTIFICATE

This is to certify that Implant training report entitled A STUDY ON FUNCTIONAL AREAS

OF VENGATESHWARA ENGINEERING submitted by D.SARATHY (AC10MBF078) is the

Bonafide work of the industrial training done by her/him during the academic year 2010-2012,

under my guidance and supervision in partial fulfillment for the award of DEGREE OF

MASTER OF BUSINESS ADMINISTRATION.

Place: Hosur

Date:

Mr.VIJAYSANKAR Dr.V.NAVANEETHA KUMAR

(Faculty Guide) ( Director)

Department of Management studies

Submitted for the Implant training Viva-Voce examination held on ---------------

Internal Examiner External Examiner


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DECLARATION

I hereby declare that this Implant training report on entitled A STUDY ON

FUNCTIONAL AREAS OF TITAN[PRECISION ENGINEERING DIVISION] submitted

to Department OfManagement Studies, ADHIYAMAAN COLLEGE OF ENGINEERING,

HOSUR in partial fulfillment of the requirement for the award OF THE DEGREE OF

MASTER OF BUSINESS ADMINISTRATION is a original work done by me during the

period of my study at the college under the supervision and guidance ofMr.VIJAYSANKAR

MBA (Phd), Lecturer, Department Of Management Studies, Adhiyamaan College ofEngineering, Hosur


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ACKNOWLEDGEMENT

I take this opportunity to thank all those who helped me in completing this work

successfully. First of all, I thank the Almighty for his blessings to me. Express my sincere thanks

and sense of gratitude to my respected principal Dr. G.RANGANATHAN Principal ofAdhiyamaan Engineering College, Hosur for having granted permission to do this summer

project.

My most thanks to my respected Director Dr. V NAVANEETHA KUMAR, Department

Of Management Studies, AERI for his continuous guidance to us. I also thank

Mr.VIJAYSANKAR.MBA, (Phd)., department of management who has been with me in

submitting this report.

I also wish to express my heartful thanks to Mr. DEVARAJ, for providing me support to

know the functional areas of Vengateshwara Engineering Hosur., for his valuable guidance

during my implant training.


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Table of Contents

Chapter Contents Page no

I IntroductionObjectives of the Inplant TrainingScope of the Training

06

II ProfileCompany

Introduction to Other Companies Specimen of Introduction Letter Preliminary works

Industry

Indian Automobile Industry Automobile Dealer Network Major Manufacturers Key factors

Proprietor Profile

07-16

III Functional Areas

Production and Operations

Production process Products Raw materials ProductsFinance

Invoices Delivery challans JJ Forms Quotations Tax Invoice Calculation of VAT

Marketing

Out Sourcing Credits Transports

HR

17-38

IV Findings and SWOT analysis Suggestions

SWOT Analysis Suggestions 39-41

V Conclusion

Appendices

42-43


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CHAPTER I

INTRODUCTION

1. OBJECTIVES OF INPLANT TRAINING

To gain the basic knowledge about the company To know the basic functions of the company To get practical knowledge about the functional areas To know about working environment

2. SCOPE OF INPLANT TRAINING

Getting experience

Attaining basic knowledge

Knowing about working environment Improving the skills Practical involvement


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CHAPTER I I

COMPANY PROFILE

NAME :- Vengateshwara Engineering

PROPORIETOR :- Mr. Kumar

STARTED :- 11.07.2007

NATURE :- Fabrication works

LOCATION :- NO.24 Rajeshwari Layout, Sipcot, Hosur

TIN NO. :- 33473324217

CST NO. :- 1046018

TYPE :- Small Scale Industry

LOGO :- Letters VE Engraved Oval

The company taken by me is a small scale industry. The name of the company is

Vengateshwara Engineering it was situated at No. 24 Rajeshwarai Layout, Sipcot First phase

Hosur. The nature of the job carried by this

company is all kinds of fabrication and painting works . they are doing the work on contract

basis. The vendors of this company are given below.


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Milltec Industries Bangalore Pvt. Ltd.Bangalore.

Vectra Advanced Engineering Pvt. LtdBangalore.

VMR EnterprisesHosur.

Terex CotporationHosur. Tamil Nadu.

Areva T&D Pvt limitedHosur TamilNadu.

For the above mentioned companies they are producing the goods on piece rate basis apart from

the above this company is taking some of the field works too namely making Green Houses for

nursery. Most probably the are taking such kind of jobs during the months of October to January

because during this time the government is issuing large amount of funds with large subsidiaries

to the farmers to such kinds of job they are taking the amount in advance to their work.


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INTRO TO OTHER COMPANIES

At first the company is trying to get the orders from the vendors with the help of the

introduction letter. The important details to be furnished in the intro letter is listed below.

Address of the company Nature of job it is doing Facilities available in that company Man powers of the company Machinery list TIN Number E-mail id Phone (Land line , Fax, Mobile) Other litigation references

The above information is dully filled in the letter pad of the concern and the same will be

given to the Company which one is outsourcing the job. The outsourcing company which one is

satisfied with that will inspect the contracting companies and examine the capabilities of the

manpower machinery and other needed requirements to perform their job if they are satisfied

with all the above aspects the company will get ready to issue the orders.


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The specimen for the introduction letter is attached in the following pages of this

project . to get the order from large scale industries the company has to maintain some of the

basic litigations on that some of them are given below.

The company should be a registered one No Child labours ISI certificates Sufficient safety & welfare measures to employees ESI &Provident funds


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SPECIMEN OF INTRODUCTION LETTER

TO:

Dear Sir,

We pleasure in introducing ourselves as one of the leading Fabricator in hosur

& Bangalore. We have successfully executed in supply & erection. We have past 15 years

experienced in Rear body fabrication for M\S Ashok Leyland, TATA ,Tatra & BEML,We have

fabricated both Tipper & Fixed body for M\S TATA & Ashok Leyland for various

models(2516,Stallion,Bison,TATRA Hemang & Sub frames for 2516 & Bison tipper).

We have the following Facility,

MIG Weld set(400 Amps) ESAB Make - 2 Nos MIG Weld set(250 Amps) ESAB Make - 3 Nos Arc Weld set - 1 No Pug Cutting M\C - 1 No Gas cutting set - 2 Nos Angle grinder M\C 7 - 2 Nos Angle Grinder M\C 5 - 1 Nos Abrasive cut off Machine - 1 Nos Lathe. - 1 Nos

We have the following Material Handling Facility

2 Ton Manual hoist Hand pallet truck

Can be hired the Mobile cranes as per the size of the job when ever required.

We request you to enter us in your mailing list send us your requirements to enable us to quote

for the same.

Thank you


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PRELIMINARY WORK

The company which is ready to place orders for outsourcing will dispatch the

necessary materials to the vendor company in case for job work or else will give the necessary

drawings to the vendor to produce a single quantity for sample purpose the company has to

produce the same as per the requirements of the company and dispatch the same to the

outsourcing company for quality check the quality team of the company will check the quality if

the quality of the item is as per the satisfaction of the company the company will place the work

order to that concern .After receiving the same the company starts to produce the goods


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INDUSTRY PROFILE

Automobile Industry, India Automobile Industry

Following India's growing openness, the arrival of new and existing models, easy availability offinance at relatively low rate of interest and price discounts offered by the dealers and

manufacturers all have stirred the demand for vehicles and a strong growth of the Indian

automobile industry.

The data obtained from ministry of commerce and industry, shows high growth obtained since

2001- 02 in automobile production continuing in the first three quarters of the 2004-05. Annual

growth was 16.0 per cent in April-December, 2004; the growth rate in 2003-04 was 15.1 per cent

The Automobile industry grew at a compound annual growth rate (CAGR) of 22 per centbetween 1992 and 1997.

With investment exceeding Rs. 50,000 crore, the turnover of the automobile industry exceeded

Rs. 59,518 crore in 2002-03. Including turnover of the auto-component sector, the automotive

industry's turnover, which was above Rs. 84,000 crore in 2002-03, is estimated to have exceeded

Rs.1,00,000 crore ( USD 22. 74 billion) in 2003-04.

Automobile Dealers Network in India

In terms of Car dealer networks and authorized service stations, Maruti leads the pack with

Dealer networks and workshops across the country. The other leading automobile manufactures

are also trying to cope up and are opening their service stations and dealer workshops in all the

metros and major cities of the country. Dealers offer varying kind of discount of finances who in

tern pass it on to the customers in the form of reduced interest rates.


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Major Manufacturers in Automobile Industry

Maruti Udyog Ltd. General Motors India Ford India Ltd. Eicher Motors Bajaj Auto Daewoo Motors India Hero Motors Hindustan Motors Hyundai Motor India Ltd. Royal Enfield Motors Telco TVS Motors DC Designs Swaraj Mazda Ltd

Government has liberalized the norms for foreign investment and import of technology and that

appears to have benefited the automobile sector. The production of total vehicles increasedfrom 4.2 million in 1998- 99 to 7.3 million in 2003-04. It is likely that the production of such

vehicles will exceed 10 million in the next couple of years.

The industry has adopted the global standards and this was manifested in the increasing exports

of the sector. After a temporary slump during 1998- 99 and 1999-00, such exports registered

robust growth rates of well over 50 per cent in 2002-03 and 2003-04 each to exceed two and- a-

half times the export figure for 2001-02.

Automobile Export Numbers

Category1998-991998-99Passenger Car25468121478Multi Utility

Vehicles26543892Commercial Vehicles1010819931Two Wheelers100002256765Three

Wheelers2113851535Percentage Growth-16.632.8


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THE KEY FACTORS BEHIND THIS UPSWING

Sales incentives, introduction of new models as well as variants coupled with easy availability of

low cost finance with comfortable repayment options continued to drive demand and sales of

automobiles during the first two quarters of the current year. The risk of an increase in the

interest rates, the impact of delayed monsoons on rural demand, and increase in the costs of

inputs such as steel are the key concerns for the players in the industry.

As the players continue to introduce new models and variants, the competition may intensify

further. The ability of the players to contain costs and focus on exports will be critical for the

performance of their respective companies.

The auto component sector has also posted significant growth of 20 per cent in 2003-04, to

achieve a sales turnover of Rs.30,640 crore (US$ 6.7 billion). Further, there is a potential forhigher growth due to outsourcing activities by global automobiles giants. Today, this sector has

emerged as another sunrise sector.

EVEN GROWTH

Opposing the belief that the growth in automobile industry has catered only to the top income-

stratum of society, Growth of exports of 32.8 % in the first three quarters of 2004-05, the fastest

growth in volumes has come from commercial vehicles as against passenger cars.

Between 1998-99 and 2003-04, output of commercial vehicles has grown 2.8 times compared to

the 2.2 times increase in passenger cars. Furthermore, two-wheeler output continues to dominate

the volume statistics of the sector. In 2003-04, for every passenger car turned out by the sector,

there were 7 two-wheelers produced. In the two wheeler segment, there is a greater preference

for motorcycles followed by scooters, with both production and domestic sales of motorcycles

increasing at faster rates than for scooters in the current and previous years.


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PROPRIETOR PROFILE

Mr. Kumar is the proprietor of this company . he is born and brought up in

Tiruvannamalai district of Tamilnadu. He dont have the knowledge of studies. But he is soo

much eager to do fabrication works from his early age itself . At very first he worked in his

native and gained the knowledge about the mechanisms of engines.then he moved to Chennai to

work there he was worked for a period of two years there he gained the knowledge about dying

works then he came to hosur in 2001. At first he worked in Shardiow comoany it was situated in

Hosur near Tamilnadu check post. Yhen he joined in Prabha Engineers there he worked for a

period of three years there he was trained to build the bodies to Ashokleyland for the models

2216 . Then from there he moved to Vectra Advanced Engineering Pvt Ltd. There he worked for

two years there he came to know the knowledge about Tatra body, Catterpillare genset

container, BEML body building process.

Then atlast he started his first concern during the year 2008 the name of that

company is Everest Engineering it was just opp. To Ashok Leyland; the nature of th company is

also fabrication it did the job for Usha Telecast it was situated at dharga near to titan showroom

to that company they prepared hydraulic tanks for compressors then he started his second

concern in Rajeshwari layout.


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PRODUCTION

IMPORTANT PRODUCTION PROCESS

Welding Process:

In this company welding is the major process. Welding is a process of joining similar metals by

the application of heat, with or without application of pressure and addition of filler material.

Welding consists of fusing metals together while they are in the plastic or molten state. Gas

and Electric arc are used for the purpose of heat. Electrodes are used for filling in and

reinforcement. There are 8 welding processes as mentioned below:

Arc welding

Brazing

Flow welding

Forge welding

Gas welding

Induction welding

Resistance welding

Thermit welding

On the above this company is using only gas welding that too co2

MIG Weld set(400 Amps) ESAB Make MIG Weld set(250 Amps) ESAB Make Arc Weld set


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Surface Treatment:

Some of the surface treatments done by this company to do complete their work Surface-treating

processes are chemical or mechanical in nature and alter the surface characteristics of the metal.

Enamelling: It is a process that bakes on a white, brittle protection finish. {out sourcing}

Galvanising: It is a hot-dip process which provides an anti-rust zinc coating. Zinc is used for

this purpose. This makes the surface of the metal anti-corrosive and gives a better finish. {out

sourcing}

Honing: It is an abrading operation for hole finishing done by a tool fitted with a bonded

abrasive stone.

Lapping: It is a surface smoothing operation by hand or machine.

Painting: It will yield protective coating and better appearance.

Plating: It is an electrolytic process. This can be done with the help of silver, chromium,

cadmium,nickel and copper. Plating provides anticorrosive finish. {out sourcing}

Machining Process

Drilling: The work piece is clamped on the work table and drill is fed into for generating a hole

and enlarging an existing hole. It is the operation of making a uniform hole through the work

piece with the help of a cutter known as drill bit. The hole can be made by rotating the job also.

Facing: Facing is an operation of producing a smooth flat surface on the face of the job.

Flame cutting or gas cutting: It employs an oxyacetylene torch, which may be directed either

by hand or pantograph and cuts up to 40inch.thickness. Flame cutting is an inexpensive method.


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Gas cutting is the process of heating the metal to red hot temperature and then oxidising it by an

oxygen jet. The metal oxide is removed by the pressure of the oxygen jet. Oxyacetylene flame is

used for heating. A jet of high pressure oxygen is used to effect the cutting.

Pug Cutting M\CGas cutting set Are used under this concern

Grinding: It is a process of removing the metal form and finishing the surface of a metal object

by a grinder with the help of abrasive wheel rotating at high speed. It produces smooth and

accurate surface finely finished at a quicker rate. It is suitable for repetitive jobs and for mass

production.Grinding may be done on the job of any size or shape and on internal as well as

external surfaces. It ensures high dimensional accuracy and surface finish.

Angle grinder M\C 7 Angle Grinder M\C 5 these are used in this company most probably

Tapping: In this process, a multiple cutting tool called Tap is used for making threads on theinside surface of a hole but only one item is to be tapped in thi company the item name is

mentioned below

PNEU-FRM-A-01 (Sub Frame)

Machine Tools used in this company

Some of the machinery used in this company are given below

MIG Weld set(400 Amps) ESAB Make MIG Weld set(250 Amps) ESAB Make Arc Weld set


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Pug Cutting M\C Gas cutting set Angle grinder M\C 7 Angle Grinder M\C 5 Abrasive cut off Machine Surface Table with Height gauge Veriner Caliper 2 Ton Manual hoist Hand pallet truck etc....

Some description about the same are given below

1)Lathe.

Lathes(a) Centre or Engine Lathe, (b) Capstan Lathe, and (c) Turret-Lathe.Lathes areused mainly for Turning, Boring and Screw-cutting and can be adapted for the operations

of Milling, Drilling, Slotting, Grinding, Gear and Rack cutting, Lapping, Facing,

Reaming, Polishing, and Knurling, Tapping and Parting off.

Principal Parts of a Lathe:

(1) The Bed, (2) The Headstock, (3) The Tailstock, which is also called the Loose Headstock,

(4) The Carriag, (5) The Gearbox, (6) The Feed Shaft and the Lead Screw.


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2) Pillar Drilling Machine:

A Pillar Drilling Machine is an upright Drilling Machine as distinct from a Radial

Drilling Machine It consists of a Work Table on which the job to be drilled is placed.The Work

Table can be adjusted sideways and vertically to accommodate jobs of different height. The arm

carries the Spindle in a Saddle which accommodates the Spindle driving motor and the

Gearboxes for providing different Spindle speeds and feeds.

3) Grinding Machines

Grinding machines are used for machining cylindrical and tapered

surfaces, for grinding internal and flat surfaces and slender bars and delicate parts.The main type

of grinding used inthis company is flat grinding only.

Jigs and Fixtures:

A Jig is an appliance to which a work to be machined can be, fastened andwhich contains a device for guiding the tool, so that the tool and the work are accurately located

with respect to each other. A Fixture is an appliance which holds the work when it is machined.

Uses of Jigs and Fixtures:

(1) Jigs quickly and accurately guide the tools. They render difficult operations

easier, speedier and yet more accurate.

(2) Jigs are suitable is mass production for producing accurately machined

interchangeable parts.

(3) Fixtures are essential almost all machine work, because the work must be

firmly held when the tools work.

(4) Fixtures used in conjunction with jigs increase speed and accuracy of work.


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Principles of Material Handling

Materials handling is a service function; it is not an end in itself. The principles

of materials handling can be grouped under three broad headings:

Principles relating to the elimination of wasteful methods,

Principles relating to the laying out the plant,

Principles relating to the selection and application of materials handling equipment.

Wasteful methods can be eliminated by following the undermentioned principles.

Avoiding the unnecessary transfer of materials from floor to workplace or from

container to container

Eliminating unnecessary mixing and subsequent storing,

Increasing the speed of handling the materials,

Utilizing gravity as a moving force, wherever practicable,

Introduction of automaticity into the materials handling system,

Reducing to a minimum the number of handlings of materials,

Using mechanical aids to eliminate the use of hand labour in the movement of

materials.

SOME OF THE IMPORTANT PERSONALITIES OF PRODUCTION

Mr.Kumar ( Fitter & Welder ) the details about his experiences and talents are given

already in the proprietor intro . Mr. Madhankumar he is working as a welder in thicompany. Mr. Sivakumar as a welder and acting as afitting assistant . Mr.

Devaraj the responsibilities of this guy is doing grinding and sandring works again

the final quality is checked by kumar and Vengatesh.


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PRODUCTS

The major products manufactured by this company is given below

1) Milltec industries Bangalore pvt ltd

SIEVE GAURDS

LC-WHIT-615-A-01

LC-WHIT-616-A-01

LC-WHIT-830-A-01

LC-WHIT-831-A-01

BASE FRAME

PNEU-FRM-A-O-01

CONE

LC-WHIT-503-P-01-Cone

MEGA CONE-513-P-01

LC-WHIT-237-A-01(CONE)

BKEL ITEMS

BKEL-808-A-01

BKEL-808-A-02

BKEL-802-A-01

BKEL-801-A-01

BKEL-801-A-02

ELEVATOR ITEMS

ELEV-802-A-01

ELEV-803-A-01

ELEV-803-A-02


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MATERIAL CONSUMPTIONS

S.No Material

A SIEVE GUARD

LC- WHIT- 519- P- 01 PLAT




LC- WHIT- 563- P- 01 -02

LC- WHIT- 615- P- 03

LC- WHIT- 615- P- 06

LC- WHIT- 615- P- 04

LC- WHIT- 615- P- 05

SIEVE GUARD BIG

LC- WHIT- 259- P- 01

LC- WHIT- 259- P- 02

LC- WHIT- 260- P- 01-02LC- WHIT- 261- P- 01

LC- WHIT- 261- P- 02

LC- WHIT- 262- P- 01

LC- WHIT- 831- P- 05

LC- WHIT- 818- P- 03

B SUB FRAME

LC-PNEU-FRM-P-01

LC-PNEU-FRM-P-02

LC-PNEU-FRM-P-03

LC-PNEU-FRM-P-04


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LC-PNEU-FRM-P-05

LC-PNEU-FRM-P-07

LC-PNEU-FRM-P-08

LC-PNEU-FRM-P-09

C BKEL

808 LC-BKEL-808-P-01

LC-BKEL-808-P-02

LC-BKEL-808-P-03

LC-BKEL-808-P-04

LC-BKEL-808-P-05

D CONE

LC- WHIT- 503- P- 01 (CONE)

LC-MEGA-CONE-513- P- 01 (CONE)

LC- WHIT- 237- P- 01 (CONE)


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FINANCE FUNCTIONS

Some of the important finance functions are given below. The finance function function is

performed by Mr. Babu he has the following duties in this concern.

Over looking the dispatches Billing the despatches Follow up of billing amounts Payment to taxes All other purchase activities

SOME OF THE IMPORTANT DOCUMENTARIES

DELIVERY CHALLAN

Delivery challan are used by both the companies that is while dispatching the materials

the supplier company use to issue the delivery challans while dispatching the materials to the

customers . At the same time the customers (outsourcing company) while giving the raw

materials they use to give the delivery challans to the processing company .The format of the

company Delivery challan is attached with the appendices.

1) The Address of the customer company

2) The Address of the supplier company

3) Land line, Mobile,& Fax numbers

4) TIN & CST Numbers

5) Delivery challan's number & date

6) e-SUGAM form serial number

7) Part number & name

8) Item Description


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9) Quantity

10) Vehicle Number

11) Signature of the Authorized signatory

the above mentioned are the some of the important aspects exist on the delivery

Chillans.

Note:-

While handover the materials the authorized signature of the acceptor istaken by supplier

2) Usually the Delivery challans are 1+3 copies format because

A) Original copy (To be Handover at the stores)

B) Duplicate (To be Handover at the stores)

C) Triplicate (As a attested copy)

D) Book copy (Retained in the book itself)

The delivery challan plays a very important role in case of litigations . since this company

having the contracts to the companies in karnataka state in this condition there is a need to

transport the finished products to karnataka so this has to get the authorized attestation with RTO

check post for entry in such circumstance there is a need to mention the delivery challans

number. In the following pages the procedure how to dispatch a material is explained briefly.


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INVOICE

Normally the invoice is used by the supplier company only . while dispatching the

supplied raw materials as finished products they use to give the bills to the customer company

with the help of invoice .The format of the Invoice is attached with the appendices some of theimportant aspects exist on the Invoice are given below.




4) TIN & CST Numbers

5) Delivery challan's number& date

6) e-SUGAM form serial number

7) Part number & name

8) Item Description

9) Quantity

10) Vehicle Number

11) Signature of the Authorized signatory

Note:-

The invoice plays an major role for GRN Preparations. the company wont issue the money

immediately after receiving the invoice they have certain credit periods most propably this

company use to prefer the credit period from 30 days to 90 day for short cash rotation.


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PURCHASE ORDER

As I already mentioned in the previous pages (preliminary woks) if the company makes

the sample piece to get accepted by the customer company the company will issue the job order

in the name of the supplier company. The format of the purchase order ir attached with theappendices of the project . the important detail to be furnished in the purchase order is give

below.




4) TIN, CST ECC & VAT Numbers

5) Vendor code

6) Item code & Description

7) Quantity to be supply

8) Rate per Quantity

9) Date to be Delivered ( not applicable to production jobs)

10) Terms & conditions of payment

11) Authorized Signatory

12) Purchase order number& date

13) Mode & place of Delivery.

Note :-

In case of large number of supplier for the same item the purchase order will begiven with respect to quoted amount of the quotation given ( lowest quoter)


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FORM JJ

JJ Forms are used to transport the finished products from one state to another state. A brief

description about the JJ form is given below. While entering the materials belongs to one state to

other state the acceptance of the same must be gain before entering this acceptance will be given

by the each and every checkpost of that respective states in this company they use to take the seal

and signature at the Attebele checkpost some of the important details to be furnished in the JJ

form are given below the format of the same is attached at the appendices.

IMPORTANT ASPECTS

TIN, SERIAL,CST Numbers (both consignor & consignee ) Assessment year Name and Adress of the consignor Name and Adress of the consignee Description of goods Quantity of weight or in numbers Value of goods e-SUGAM number Vehicle number Delivery challan number with date Authorized signatory The sign of the person to whom the goods are despatched

Etc......


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QUOTATION

Quotation is one of the important document used by a company . if a company want to take a

new order at the first stage the company has to quote the rate to produce the product this can be

done with the help of quotation the format of the quotation is attached with the appendices.the

sample quotation by this company is given below.

Ite

m

cod

e Description

Lengt

h

Widt

h

Th

k

qt

y Wt.

Rat

e Amount

Transpo

rt

Handling

charges

Drillin

g

1

Beam 100X

50X 4MM 1730 4 1 16.31 58 945.98 500 81.55 140

2Piller 100X

50X 4MM 3000 4 2 56.52 58 3278.16 500 282.6 0

3Piller 100X

50X 4MM 3000 4 2 56.52 58 3278.16 500 282.6 0

4

SUPPORT

100X 50X

4MM 3000 4 2 56.52 58 3278.16 500 282.6 0

5Front Sheet 812 3000 2 1 38.2452 55

2103.48

6 500 191.226 30

6Base 100X

50X 4MM 14408 4 1

135.723

4 58

7871.95

5 500 678.6168 0

7Front Sheet 812 3000 2 1 38.2452 55

2103.48

6 500 191.226 30

8 Base 150 150 10 4 7.065 55 388.575 100 35 0

9Plank 2550 500 2 2 20.0175 55

1100.96

3 100 100.0875 10

10Front Sheet 1730 125 5 1

8.48781

3 55

466.829

7 100

84.87812

5 45

11

Support L-

Angle 30 x

30 100 5 6 1.413 55 77.715 100 100

12Break Water

Angle 70 40 3 1 0.06594 55 3.6267 100 0.3297 45

13 Break Water 70 40 3 1 0.06594 55 3.6267 100 0.3297 45


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14Rib 30x 30

sq.tube 812 120 3 10

22.9471

2 58

1330.93

3 100 229.4712 0

15Front Sheet 1730 165 2 1

4.48156

5 58

259.930

8 100 41.448 70

16Support 220 60 5 8 4.1448 58

240.398

4 100 41.448 120

17Support 232 50 5 4 1.8212 58

105.629

6 100 50 18.212 20

18 Cover 260 360 5 1 3.6738 55 202.059 100 35 18.369 20

19Roof 202 3400 2 1

10.7827

6 55

593.051

8 100 107.8276 107.8276 0

20Frame 30x

30 sq.tube 8800 120 3 1 24.8688 58 1442.39 100 248.688 248.688 0

21 Hinge 0 450 20

22

Tube 30x

30x3mm 200 185 3 3 2.61405 58

151.614

9 50 26.1405

23Guide angle 3190 65 3 1

4.88309

3 58

283.219

4 50

48.83092

5

24.41546

3 25

24Guide 3190 25 14 1

8.76452

5 58

508.342

5 100 876.4525 100 30

25 Hinge 300 20 30

26Foot plate 1680 150 10 1 19.782 58

1147.35

6 100 1978.2 100 30

27 Shim 600 40 10 2 3.768 58 218.544 100 37.68 37.68 15

28

Floor (

wood) 3300 1000 25 12000

500

29

Floor (

wood) 710 100 25 2900

30

Floor (

wood) 1680 100 25 11500

31 Wheel 4 8000 1500

32 m10 x 80 40 1200

100

33 m10 nut 40 600

34 m10 screw 80 3200

547.730

749534.1

9 73408242.233

063278.603

1 705


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34

Cost Break

1Material

Cost 49534

2Transportati

on 7340

3 Process cost 8242

4Handling

cost 3279

5 Drilling cost 705

6Fabrication

cost 9859

Total 78959

7Inventory

carring cost 1184

Total 80144

8 Over head 8014

Total 88158

9

Profit @

10% 8816

Total 96974

The above is the quotation given for faiveley transports. While preparing the quotation this

company takes more caution because it may determine the profit and loss of a project to prepare

such kind of huge amount of quotations this company takes the help of Mr. Sivakumar he is

working as a senior Engineer in Terex corporation this is situated opposite to my college this

company is sending the through e- Mails as well as manually


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35

VALUE ADDED TAX INVOICE

This company is using two types of invoices one is for labour work that is all the materials given

by customer company this has company has to process the same and Dispatch that as finished

products in this case there is no need of tax invoice (Milltec) but to certain other cmpanies thecopany has to buy the raw materials(refer the quotation format) the tax invoice also having the

same format of the labour quotation.

CALCULATION OF VAT AMOUNT:-

Suppose the company have to receive the bill amount of Rs 100000 for this amount the

company has to take 12.5 percentage that is 12500 Rs. So the company will receive totally

112500 Rs for a product to produce the same product the company has to procure the raw

materiAls for that the company incurred a tax amount of Rs 10000 Then the company has to pay

2500 only (12500-10000=2500) for that invoice . the tax amount of the tax invioces must be paid

before 15th of the next month if not a penalty of 10 percent of the tax amount is applicable.Mr.

Senthilkumar is the auditor of this company his office is situated near Balagi theatre in Hosur.


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36

MARKETTING

The marketing functions under this company is performed by Mr.

Vengatesh as soon as the company received the payments a certain amount will be allocated to

this section he has to take care of the amounts some of the important functions performed by thi

guy is given below,

Searching for orders Procurement of raw materials Making arrangements for outsourcing Introducing the companies

OUT SOURCING

S,No Date Particulars Company Quant Rate Amt.

1 10 May Sieve grd bend SIVAM ENG 52 10 520

2 12-May cone_s SIVAM ENG 32 50 1600

12-May cone_B SIVAM ENG 5 75 375

11-May Sieve grd Box ACE 524 2 1050

15-May Sieve grd bend SIVAM ENG 110 10 1100

16-May Sieve grd bend ACE 110 2 2500


21-May Sieve grd bend ACE 80 2 1850


30-May Sieve grd Box ACE 40 2 1300

8-Jun cone-small Sivam Eng 76 50 3800


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cone-Big Sivam Eng 11 75 825

Sieve Grd Sivam Eng 100 10 1000

9-Jun Sieve Grd ACE 1900 2 2800

17-Jun CONE`s Sivam Eng 52 50 2600

cone`B Sivam Eng 12 75 900

Sieve Grd Sivam Eng 14 10 140

Sieve Grd ACE 500 2 1000

Sieve Grd ACE 40 1900

Sieve Grd Sivam Eng 40 800

CREDITS

S.No DATE PARTICULARS AMT WHOM

1 10-May KUMAR 6000 VENGAT

2 16-May RAMESH 2500+10000 VENGAT3 22-May VENGATESH 7000 VENGAT

4 24-May KUMAR 5500 VENGAT

5 1-Jun RAMESH 90000

6 14-Jan VMR 4000 VENGAT

7 18-Jun RAMESH 3500 VENGAT

8 18-Jun VMR 35000


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TRANSPORTS

S.NO DATE PARTICULARS AMT VEH NO DESTINATION

1 9-May TRAN 550 KA-03-2450 SH-JIG-SH

2 11-May TRAN 130 KA-03-2450 SH-ACE-SH

3 12-May TRAN 80 KA-03-2450 SH-SIVAM

4 14-May TRAN 650 KA-03-2450

5 14-May TRAN 130 KA-03-2450 Ace

6 16-May TRAN 130 KA-03-2450 Ace

7 20-May Mathesh 800 KA-51-3013 jig-ace

8 21-May TRAN 130 KA-03-2450 Ace

9 28-May TRAN 650 KA-03-2450 jig-ace

10 28-May TRAN 130 KA-03-2450 ESI

11 30-May TRAN 130 KA-03-2450 Ace


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39

CHAPTER IV

FINDINGS

The Plant layout is well designed to facilitate the workers in their work The inter relationship between the departments are good. Welfare facilities provided are very good. They are maintaining the Relationship with employers and employees. They conducting the training programs very effectively for employees.

They have very good canteen facilities.

The Infrastructure is very well for working condition.


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40

SWOT-ANALYSIS:

STRENGTH:-

The locality of the company The quality of the products The co-ordination of the workers The type of competitor they have

WEAKNESS

The knowledge of the proprietor in cad Drawings The way in which they are utilizing the human Resource Power supply of that place

OPPURTUNITY

New orders from the existing vendors Demand for the product

THREATS

Introduction of new competitor Obsolescence of machinery Investments in new projects


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SUGESSTIONS

The proprietor of the concern have to get some of theknowledge in CAD programming

A preplan should be there in using the Human personalities Procurement of power generators to avoid idle timings during production process Since the company is having large number of order it can go for modernization projects


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CHAPTER V

CONCLUSION

During the period of training in your esteemed industry under the guidance of

MR.DEVARAJ, I gained the knowledge about the happenings in the industry, industrial

discipline, and responsibilities. Also I gathered some knowledge about the topics which are

mentioned above. The idea observed in the company would be useful for me in my career.

I able to know the industrial applications of the theories which me came across in

my subjects. The things which I grasped will be kept confidential according to my knowledge.


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APPENDICES

QUOTATION DELIVERY CHALLAN INVOICE PURCHASE ORDER JJ FORM TAX INVOICE TIN CERTIFICATE INTRODUCTION LETTER DRAWINGS CASH BILL STATEMENT OF PAYMENTS

a study on functional areas 0f vengateshwara

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