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Organization Study on Tulsyan Nec Ltd.

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CHAPTER 1 INTRODUCTION I SEEMA BANU studying at Institute of Management Studies (Kuvempu University) undertook an internship study at Tulsyan Nec Ltd to fulfill the requirement of MBA degree course of Kuvempu University. This was undertaken during Aug-september2012 and main purpose of this internship was to know how the theoretical aspects we study during our course, are put into practice by the company. The objective of undergoing this internship was to get practical exposure to the structure and functioning of the organization. It was also meant to study the activities of various departments such as finance,

marketing, production, human resource, purchase, store and service etc. The report traces the growth and development of the company and gives a skeletal outline about the technologies adopted by the company; the report also explains the values and gives a brief about the financial aspects of TULSYAN NEC LTD. 1.1 INTRODUCTION HDPE/PP oriented strips are becoming increasingly popular in India & have caught the eye of many end users for their requirement of packing materials. They have become popular on account of their inertness towards chemical, moisture & excellent resistance towards rotting & fungus attack. They are non toxic. Lighter in weight & have more advantages than conventional bags. PP/HDPE woven sacks laminated with LDPE/PP liner have wider applications. HDPE woven sacks are much stronger & can withstand much higher impact loads because of HDPE strips elongation at
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break is about 15-25% as compared to 30% of Jute. These sacks are much cleaner & resist fungal attack. Jute prices are very unstable in the market since Jute is an agriculture product. These sacks have many advantages over other conventional sacks materials & are quite competitive in price. The major users of HDPE/PP woven sacks are fertilizer, sugar, cattle feed, cement & other chemical Industries. Oil seeds, salt, starch, pesticides, detergents & many other items are also being packed in woven sacks. Fabric from HDPE strips is also ideal for the Manufacture of shopping bags, sport hold-all, deck chairs, books binding Cinema screen wall facing & carpet backing etc.

1.2

Objectives of the study

1. The objectives of the study are to learn & understand the working of various functional departments like Production, Marketing, Finance and Human Resource. 2. SWOT ANALYSIS to identify the major strengths & weaknesses of the company for improvement. 3. Study the performance of Tulsyan NEC Ltd. 4. To study the financial position of Tulsyan NEC Ltd.

1.3

Scope of the study: The scope of the study was limited to know the organization structure

and functions of the department. The study was mainly on finance, marketing and human resource of the organization. The information is being collected through various sources.

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1.4 Sources of the data:

The data for the study was obtained through primary source and secondary source. Primary source: The primary source of data was obtained by personally meeting the employees of the Organization, and also data are collected through discussions and interviews with concerned executives and observation method. Secondary source: The secondary source of data includes the background papers prepared by the department for conferences, Meetings etc.. Departmental notes, and Reviews, Reports, the factory records, Books, Annual Reports, Information sheet and Internet. 1.5 Limitations of the Study: As every study has its own limitations this study is also have some of the limitation to collect the information and present the things in the effective manner. The various limitation of the study are as follows: The study is an academic effort; it has its own limitation of cost and time constraint. The opinions collected from the employees might not be hundred percent correct or may be biased also This project has been taken in busy schedule so whatever information gain by them is treated as correct.
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CHAPTER SCHEME Chapter 1: This chapter deals with Introduction, Objectives, Scope of the study, Methodology and Limitations. Chapter 2: This chapter covers with Industry Profile . Chapter 3: this chapter covers company profile and product profile Chapter 4: This chapter covers Mckinsey 7s model & functional area of all the Departments. Chapter 5: This chapter covers organization Strength, Weakness, Opportunities and Threats. Chapter 6: This is the final chapter it covers Findings, Suggestions and Conclusion. Annexure Bibliography

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CHAPTER 2 INDUSTRY PROFILE 2.1 Introduction Polymers are a large class of materials consisting of many small molecules (called monomers) that can be linked together to form long chains, thus they are known as macromolecules A typical polymer may include tens of thousands of monomers. Because of their large size, polymers are classified as macromolecules. In the late 1830s, Charles Goodyear succeeded in producing a useful form of natural rubber through a process known as "vulcanization." Some 40 years later, Celluloid (a hard plastic formed from nitrocellulose) was successfully commercialized. Despite these advances, progress in polymer science was slow until the 1930s, when materials such as vinyl, neoprene, polystyrene, and nylon were developed. The introduction of these revolutionary materials began an explosion in polymer research that is still going on today. Unmatched in the diversity of their properties, polymers such as cotton, wool, rubber, Teflon(tm), and all plastics are used in nearly every industry. Natural and synthetic polymers can be produced with a wide range of stiffness, strength, heat resistance, density, and even price. With continued research into the science and applications of polymers, they are playing an ever increasing role in society.

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2.2 DISCRIPTION Polypropylene is lightweight thermoplastic polymer that provides raw material for manufacturing various textiles, containers, equipments, and components and is used in various industrial applications also. In other words, it is a kind of thermoplastic resin that is hard and tough and also can be converted into fibers and moulded articles. Polypropylene is made from the polymerization of pure propylene gas at low temperature and pressure. This polymer is known for its unique features such as anti rusting, good insulator, low density, highly crystalline, high resistance to fatigue and a high melting point. It is also known as a saturated polymer. Polypropylene is a type of plastic polymer that is mainly used in packaging and moulded articles. The polymer was discovered much after polyethylene but even though; it gained much importance and rose up to the level in context of popularity. Since it has been discovered, until now, it has made its mark into the daily routine activities of the masses. The major uses in which polypropylene is required are flexible packaging, rigid packaging, automotive parts, consumer products, fiber products and other industrial applications. Polypropylene is produced by polymerizing propylene gas or propylene monomers in the presence of a catalyst. In the year 2004, United States of America is the largest producer of the polymer with a total production of around 8.4 million metric tons. The major companies indulged in the production include Exxon Mobil and Shell. Consumption of polypropylene is dominated by Asian continent with a share of around 40% in the total
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consumption figures of around 32.9 billion tons. Country wise, United States of America stands at top in the list of major polypropylene consumer countries. The following is the list relating to the major plastic consuming countries of the world

United States of America Germany Japan Singapore Canada Malaysia Thailand Indonesia Vietnam China India Pakistan The world market is growing at an average of 3% per year. The world

trade in polypropylene has a same pattern as in the case of polyethylene. The major exporters of this polymer lie in the Southern Asian and the Middle Eastern area and South Korea is one of the dominant players in the world market. The other exporters include USA and the countries in the western European region. In woven sacks industry production takes places from using HDPE (hydro polyethylene) and PP(propylene)of plastic contents the cost incurred in producing both the raw materials are more or less same but most of the
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companies are producing pp raw materials for its production purpose because its abundance availability in the market and number of suppliers are more. In India woven sacks industries are providing employment

opportunities over 1 million people. However the industry is growing tremendously due to quality packaging capabilities this industry

approximately contribute to GDP of the nation around 0.12%. 2.3 History Polypropylene is a polymer of the modern world. It was discovered as late as in 1954 by Professor Giulio Natta. Till this time polyethylene was already discovered and the catalysts that were used in the polyethylene industry were used by the professor to the propylene gas to produce polypropylene. The commercial production of polypropylene initiated in the year 1957 as it can also be produced at room temperature and low pressure. For his work, Natta along with Karl Ziegler, the discoverer of the catalysts, got the Nobel Prize in the year 1963. With its production, it was readily accepted by various industries as it is economical and possesses exclusive physical properties. With time and the introduction of new technologies of production, improvements were done relating to the types of catalysts used and controlling the structure of the product. The world production of the polymer crossed the 14 million tons mark. Polypropylene is a versatile polymer as it can be used in a vast number of applications and today the polymer has become non substitutable.

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2.4 COMPETITORS PROFILE There are 536 Companies who are in the same industry in India, some of the major Companies listed below with their brief manufacturing details. 1) Ispa Exim Pvt. Ltd. Manufacturers and exporters of HDPE sacks, polypropylene woven sacks, polypropylene woven fabric, laminated fabrics, unlamented fabrics, laminated fabrics, tea bags, food packaging paper bags, valve bags, t-shirt bags, cement bags and printed bags. 2) PVN Plastics Industries Engaged in manufacturing of HDPE and PP woven sacks, woven polypropylene sacks, laminated woven fabrics, PP laminated gusseted bags, boxed bags, shopping bags, lumber cloth, sand bags, BOPP printed sandwich bags and wide with fabric. 3) Vivek And Company Exports and manufactures woven sacks, woven sacks bags. Also deals in jute twine, jute yarn, jute soil saver, jute mesh, jute geo textiles, geo jute, jute sheets, sand bags, natural jute fiber sand bags, shopping bags and jute shopping bags. 4) Welpack Industries Ltd. Engaged in manufacturing and exporting of hdpe bags, hdpe t-shirt bags, hdpe vest carrier bags, hdpe shopping bags, hdpe carry bags, hdpe pick up bags, printed hdpe bags, plain hdpe bags, hdpe plastic bags and 20 micron hdpe bags.
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5) Lamifab Industries Manufacturers and exporters of woven sacks, PE woven sacks, PP woven sacks, un laminated woven sacks, laminated woven sacks, PP laminated sacks, PP un laminated sacks, PE laminated woven sacks, PE un laminated woven sacks. 2.5 Indian market scenario for polypropylene India is not among the dominant producers of polypropylene in the world but is an upcoming player. The polymer industry is growing at about 12-15% annually. The country is able to produce around 4,500 thousand metric tons of plastic products annually. Of this, 60-70% accounts for the production of polyethylene (PE) and polypropylene (PP). However, India stands eighth in the world consumption of polypropylene and is poised to become the third largest consumer after the US and China. India was a net importer of plastic products some time ago but due to the high rate of development in this sector in the country, India has transformed itself into a net exporter 2.6 Largest producers of polypropylene in the world United States of America is the largest producer of polypropylene. Japan and South Korea are the other two major producers of polypropylene lying in the Asian continent. Taiwan is an important Asian producer. Germany, France and UK are also contributing to the total world production.

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2.7 Indian polypropylene market Since polypropylene has made an impact into every aspect of life and work, India also is not far from being affected. The polymer has found its way into various industrial applications and has become an integral part of the economy as a whole. India has an installed polymer production capacity of around 4500 thousand metric tons per year. Polyethylene and polypropylene production accounts for around 70% of the total polymer production in India. The major producers of polypropylene in India are Reliance, Haldia Petrochemicals and Gas Authority of India. Regarding the consumption of polymers in the country, India stands at the 8th place with a mere 4 kg per capita consumption per year. The Indian plastic polymer consumption in 2003-04 stood at around 4.2 million tons. But, it is expected to take a jump from the eighth position to the third position in the major consuming countries list in the upcoming years if the rate of consumption continues. The polymer industry in India is growing @ 12-15% annually. India was a net importer of plastic products some time ago but due to the high rate of development in this sector in the country, India has transformed into a net exporter. The country registered an export surplus of Rs 462 core in plastic products in the year 2003, though 1995-96, India was importing plastic polymers worth a staggering Rs 1538 core. The prices of polypropylene in the country are excessively fluctuating as they directly depend on the international demand and supply conditions.

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Market Influencing Factors Fluctuations in the crude oil and natural gas prices Economic growth of the major polypropylene consuming countries like USA and China Domestic industrial growth and development Demand for consumption in the international market Government policies and regulation

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CHAPTER 3 COMPANY PROFILE Tulsyan NEC Ltd is one of India's leading manufacturers of Thermo Mechanically Treated(TMT) Bars. The company is engaged in the Manufacturing TMT bars, Synthetics Woven Fabrics and Sacks. They have their manufacturing plant at Chennai (Ambatuur & Gummudipoondi) and Bangalore (Dodabalapur). Their products include TMT Bars, sponge, Billets and ingots in the steel division and in synthetic division it includes PP Woven Sacks, FIBC and Woven Fabric. The company is an ISO 9001-2000 Certified Company. The Company is the Flagship Company of the Tulsyan Group. The company is into manufacturing of Thermo Mechanically Treated Bars. It is the first Licensed Rolling Mill in South India to produce TMT Bars and obtain ISI 1786 and ISO certification. Tulsyan Steel is registered with the Bureau of Indian Standards and each TMT Bar is accompanied by a BIS Test Certificate. Tulsyan NEC Ltd Was incorporated on April 11, 1947 as National Engineering Company Ltd in Kapurthala, Punjab. In July 7, 1947, the company received the certificate of commencement of business. The Company was established to manufacture CTD bars, MS Rounds and other finished steel Products. In the year 1965, the re- rolling facilities at Kolkata was relocated to Chennai. In the Year 1986, the company was taken over by Tulsyan Group. In the year 1994, the company Established additional facility of 36000 MTPA to manufacture MS Ingots. In July 1994, the Company entered the capital market with their maiden public issue and their equity shares were listed on the BSE. In the year 1996, the company received an award from the Government of Karnataka for export performance. In June 1996, Tulsyan Synthetics Ltd was amalgamated with the company. In August
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1996, the name of the company was changed from National Engineering Company Ltd to Tulsyan NEC Ltd. In the year 2004, the company installed furnace having Billet Manufacturing capacity of 72000 MTPA at Gummudipoondi. In the year 2005, they set up wind Mill at Devarkulam. In the year 2007, the company installed Rolling Mill at Gummudipoondi Having capacity of 150000 MTPA. In the year 2008, the company signed a Mau with Power Trading Corporation and Suhaly Abdul Mohsin Al- Shouibi & Sons holding Co Ltd. In August 2008, they entered into an MOU with Budhrani Group of Companies for setting up a joint Venture company. In the year 2009, the company increased the Billet manufacturing capacity by 72000 MTPA at Gummudipoondi. During the year 2009-10, the company completed the expansion by increasing the Rolling Mill capacity by 150000 MTPA at Gummudipoondi. Also, they acquired Chitrakoot Steel & Power Pvt Ltd with sponge iron manufacturing capacity of 36000 MT per annum. The company's shares were permitted to trade on National Stock Exchange of India Ltd with effect from November 05, 2009. The company is in the process of Setting up setting up a captive power plant of 35 MW capacity in Gummudipoondi, Tamil Nadu. The company is one of the reputed manufacturer's of Synthetic Woven Sacks/Fabric and is regularly supplying bags to all the major cement companies and many other reputed organizations in India and also exporting the same on a regular basis. Manufacturing unit is having well equipped chemical and physical laboratory to monitor the quality of the product. Besides the sophisticated plant and machinery and the matching in-plant working environment, organization is managed by a team of dedicated and well experienced technocrats who believe in excellence of the product Tulsyan NEC ltd is a leading supplier of Pp FIBC, Jumbo Bags, and Woven Sacks. The Organization is proud to be esteemed supplier of many customers
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around the world with the primary goal to meet their clients requirement and establish mutually pleasant business relationships with them. The sacks are used to pack cement, food grains, sugar, seeds, branded products, pulses, chemicals, resins etc. offer circular or flat fabric to be converted to sacks or bags at customer's end or to use as over wrap for textile packing, upholstery, for carpet backing, baling and tarpaulins. The sacks, bags, fabrics can be supplied in any color, with printing of logo or packed products specifications. The Synthetics/Plastic division has recorded steady growth over the years. The Company entered the export market during 1993-94 with an export turnover of Rs.2.41 lakhs during the first year, exports has steadily grown since then. The Company got an export award from the Government of Karnataka for its export performance for the year 1995-96. In course of time the company has extended its product range to include manufacture of Flexible Intermediate Bulk Containers (FIBC) and Wide Width Woven Fabric (WWWF) 3.1 VISION STATEMENT To be a global leader in Synthetic fabrics and delight the customer by creating products that offer unmatched superiority. 3.2 MISSION STATEMENT Our mission is to become a benchmark organization in packaging industry. For this we are constantly striving to develop our organization, enhance professional skills and upgrade infrastructure system so as to be highly successful in the competitive environment of the new millennium.

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3.3 Objectives of the Company The objectives of the company To Maximize the profit of the company To reduce the Wastage To increase 70%-80% Employment opportunity Employee Welfare Creating social Responsibility To maintain Hygienic factors Learning and Development 3.4 Customers Profile

3.4.1 Table: 1 STEEL DIVISION DLF Groups of Companies TVS Group of Companies HCL technology Ltd. Gammon India Ltd. Cognizant Tecnologies PLASTIC DIVISION Dalmia Cement (Bharat) Ltd Grasim Industries Limited Grasim Industries Limited Ultratech Cements Companies LTD Associated Cements Companies Ltd Larsen & Tourbo Ltd. Prestige Group of Companies Central/State Class 1 contractors Industrial Mineral Company Mangalore Chemicals & Fert Ltd Fritz Marketing Inc..,- USA

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3.5 Suppliers profile

3.5.1 Table: 1 Local Vinmar International Ltd- USA Basell Asia Pacific Ltd- Usa Trion Energy Ltd Usa Ltd Oman Polypropylene L.L.C. Oman International Reliance Industries Ltd Mumbai Blend Colors Pvt Ltd Konkan Specialty Poll Product Pvt Plasmix Limited

Borouge Pvt Ltd Abu Dhabi UAE S.C.J. Colourants Saudi Basic Industries Corporation

3.6 PRODUCT PROFILE Cement Bag Fertilizer Bag HDPE Sacks HDPE Woven Sacks HDPE and PP Woven Sacks Jumbo Bags Packaging Sacks Polypropylene Woven Sack Sandbags Woven Bags Woven Sacks Woven Sacks Bags

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3.7 Polypropylene Products The company engaged in manufacturing, exporting and supplying polythene and bags. These are manufactured using fine quality raw material obtained from trusted and reputed vendors across the nation. All the products we manufacture are in accordance with industrial standards and strictly follow the defined parameters. We offer: Jumbo Bags They put forward high quality Jumbo Bags. Manufactured using high quality raw material that is procured from trusted and reputed vendors across the nation these possess features like wear & tear resistance, strength and long life. These are in extensive demand in the market and are widely appreciated by the clients due to its flexible intermediate bulk containers that are custom tailored so as to suit the individual requirements. Used for carrying bulk cargo in single package option, these are widely acknowledged by the varied industries. Clients can avail these within stipulated time frame and at market leading prices. Coated Or Uncoated Bags They bring forward high quality Coated or Uncoated Bags that are manufactured using high quality raw material that is procured from trusted and reputed vendors of the market. These possess features like wear &tear resistance, strength and long life. Also, these are in extensive demand in the market and are widely appreciated by the clients. Acknowledged as per the industrial standards, they offer these at cost-efficient prices. Clients can avail these within stipulated time frame and we can also customize these as per their needs and requirements.
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PP/HDPE Woven Sacks They are engaged in offering PP/HDPE Woven Sacks. Manufactured using high quality raw material that is procured from trusted and reputed vendors across the nation these acquire features like wear & tear resistance, strength and long life. We offer these sacks in tri-color printing, laminating and finishing. These are in extensive demand in the market due to the both inside and outside lamination of the sack. They offer these at cost-efficient prices and clients can avail these within stipulated time frame.

Polypropylene Asbestos Bags They are engaged in offering Polypropylene Asbestos Bags that are

manufactured using high quality raw material that is procured from trusted and reputed vendors across the nation these possess features like wear & tear resistance, strength and long life. There products are in high demand among the clients due to their various designs and excellent printings. Having expertise in manufacturing clear bags with great printability, they offer these at cost-efficient prices. Clients can avail these within stipulated time frame.

Polypropylene Container Liners They bring forward high quality Polypropylene Container Liners.

These are made using high grade material such as polyethylene or polypropylene. These dry bulk container liners are also known as shipping, sea bulk or sea land container liners and are stitched using coated or noncoated fabric. Known for economical value than the conventional blown film liners, these are supplied in bulk to cater to the requirements of our clients spread across the globe and within the stipulated time frame.
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Polyethylene Liners They are engaged in offering Polypropylene Liners that are

manufactured using high quality raw material that is procured from trusted and reputed vendors based across the nation these possess features like wear & tear resistance, strength and long life. These are manufactured at a completely automatic unit packing system together with palletizing facility, which is available at the plant. These are in extensive demand in the market and we offer these at cost-efficient prices. Clients can avail these within stipulated time frame.

TULSYAN Company is producing wide variety of products to fulfill the requirements of the different customers. FIBCs are more recent

innovation on the international scene. The rising cost of manual handling in developed countries has forced them to adopt more of automated techniques for bulk product handling. In the case of bulk commodities with large volume handling requirements, tank cars for road or rail transport, bulk carriers for marine transport and silos and conveying systems for storage are well established. Economics of scale play an important part in cost control. However at points of distribution of such commodities or where the commodity volumes are not so large and intermediate bulk handling system is required. This requires the availability of a safe, convenient and cost effective container for storage and handling. The FIBC has proved to be the most effective container to meet these needs.

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FIBCs have been standardized in size ranges from 200 kg to 4 tones depending on bulk density and modes of transport and handling. Loss

protection and safety aspects have a major bearing on the FIBC design as do the lifting, transport, loading and unloading methods. Further the commodity properties have a bearing on the container stability which also needs to be taken care of by proper design. The FIBC has, therefore, a much higher level of design engineering input when compared to the conventional small woven sack, even though both use similar types of fabric.Besides stronger and more reliable fabric quality the FIBC calls for properly designed lifting straps, a body configuration with reinforcements to ensure stability during storage and handling and suitable inlets and outlets for ease of loading or unloading and for protection against spillage or leakage. 3.7 Infrastructure We have huge infrastructure that enables the team to work easily and in collaboration with each other. The infrastructure is loaded with state-of-theart machinery and the team can easily incorporate new techniques to enhance their efficiency. The base is divided into various segments like the manufacturing unit, quality department, design department, warehouse unit, etc. The new installed machines at the infrastructure help in enhancing the production rate thereby enhancing clients satisfaction.

3.8 Domestic Manufacturers


GAIL. GE Plastics India. Haldia Petrochemicals. IPCL.


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Karnataka Petrosynthese Limited. NOCIL. Reliance. Supreme Industries

3.9 International Manufacturers


Exxon Mobil. Honam Petrochemicals. Hyundai Petrochemicals. Samsung. Shell. Dow Chemicals.

3.10 Tulsyan Group of Companies Established in 1938 Activities Iron and Steel Trading Manufacturer of Tin Containers Manufacturer of Cardboard Boxes Manufacturers and Exporters of Leather Products Manufacturer of Knitted Textile Gloves Cold Storage Activities Rice Processing Division Tulsyan NEC Limited Iron and Steel
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Windmill Technologies Synthetic Turnover $ 180 Million Tulsyan NEC Limited Flagship Company of the Group Turnover $ 60.00 Million Tulsyan NEC LTD Divisions Iron and Steel Windmill Technologies Synthetic Iron and Steel Division Activities Manufacturing- CTD/TMT/CRS Steel Bars Trading Turnover $36.00 million

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Windmill Division Eight in Number- Power Generated is for self consumption for the Iron and Steel Division Capacity 1800 KWA Technologies Activities Web Designing/Hosting Medical Transcription at Chennai 30 Foreign Language Translation 3.11 Directors & Key Management Personnel: Board of Directors Lalitkumar Tulsyan Executive Chairman Sanjay Tulsyan Managing Director S. Soundararajan P.T. Rangamani A.P. Venkateswaran S. Ramakrishnan Sanjay Agarwalla V. Kirubanandan C. Ramachandran V. Subramani (Company Secretary)

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Registered Office 61, Sembudoss Street, Chennai - 600 001. Corporate Office Apex Plaza, I Floor, New No. 77, (Old No. 3), Nungambakkam High Road, Chennai - 600 034. Tel.: 044-3918 1060, Fax: 044-3918 1097 E-mail: investor@tulsyannec.in Web site: www.tulsyannec.co.in Administrative Office 37, Kaveriappa Layout, Miller Tank Bund Road, Vasanth Nagar, Bangalore - 560 052.

Bankers Canara Bank Syndicate Bank Andhra Bank State Bank of India IDBI Bank Indian Overseas Bank Shamrao Vithal Co-operative Bank Auditors C.A. Patel & Patel, Chennai. Share Transfer Agents Cameo Corporate Services Ltd. Subramanian Building, 1 Club House Road, Chennai - 600 002.

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CHIEF EXECUTIVES Shri Ram Babu - General Manager (Rolling Division) Shri Dinesh Goyal - General Manager (Ingot division) Mrs. Uma - DGM (F&A) Shri K.Anantheeswaran - Billet division) Shri A.P.Harish - President (Operation) Shri K.Chakraborthy - General Manager (Works) Shri Sandip Lahurawalla General Manger Exports Shri J.M.Manohar - Manager Exports Shri Murari Lal Sharma - General Manager Raw materials Shri.V.Padmanaban General Manager Marketing

3.12 AWARDS AND ACHIVEMENTS Export House State Award For Excellence In Exports From Government Of Karnataka For The Period 1995 1996 State Award For Excellence In Exports From Government Of Karnataka For The Period 1996 - 2000 AIFTMA Export Award 1997 1998 All India Flat tape Manufacturers Association From National Association Of Plastics Woven Sacks Manufacturer For Excellence In Exports For Medium /Large Scale Sector For The Year 1997 - 1998 AIFTMA Export Award 1998 1999 -II Export Promotion Awards 2000 2001 Large /Medium Scale II
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ISO Certified In 2002 Rated by Business Barons As One Among The 1st 500 Most Outstanding Companies In The Country For The Financial year 2002

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CHAPTER 4 McKINSEY 7S FRAME WORK 4.1 Introduction In 1980s the MCKINSEYS 7S Framework model comes into existence this is a management model developed by well-known business consultants Robert. H. Waterman and Tom Peters. How do you go about analyzing how well your organization is positioned to achieve its intended objective? This is a question that has been asked for many years, and there are many different answers. Some approaches look at internal factors, others look at external ones, some combine these perspectives, and others look for congruence between various aspects of the organization being studied. Ultimately, the issue comes down to which factors to study. While some models of organizational effectiveness go in and out of fashion, one that has persisted is the McKinsey 7S framework. Developed in the early 1980s by Tom Peters and Robert Waterman, two consultants working at the McKinsey & Company consulting firm, the basic premise of the model is that there are seven internal aspects of an organization that need to be aligned if it is to be successful. The 7S model can be used in a wide variety of situations where an alignment perspective is useful, for example to help you:

Improve the performance of a company. Examine the likely effects of future changes within a company.
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Align departments and processes during a merger or acquisition. Determine how best to implement a proposed strategy. This model there is seven basic dimension which represent the core of

managerial activities. These are the levers, which the executive use. The originators of the model have coned the managerial variables with words beginning with the letters so as to increase the communication power of the model. The 7-s diagram illustrates the multiplicity interconnectedness of elements that defines an organization ability to change. The theory helped to change managers thinking about how companies could be improved. Its says that it is a matter if devising a new strategy and following neither it through nor it is a matter of setting up new system and letting them generates improvements. Their organization must have a high degree of it, internal alignment amongst all the sevens. All Ss are interring related and a change in one has a ripple effect on all the others. It improves their organization you have to pay attention to all of the seven elements at the same time. There is no starting point or implied hierarchy. Different factors may drive the business in any one organization. McKinsey Company, a very well known management consultancy firm, developed the 7-S framework. It aimed to diagnose the cause of company firm problem and to formulate program for improvement. Its all very well devising a strategy, but you have to be able to implement it. If its to do any good, the seven S framework first appeared in The art of Japanese Management by Richard Pascal and Anthony Athos in 1981. They had been looking at how Japanese industry had been so
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successful, at around the same time that Tom Peters and Robert Wateman were exploring what made a company excellent. The seven S model was born at a meeting of the four authors in 1978. It went on to appear in In search of Excellence by Peters and Waterman, and was taken up as a basic tool by the global management consultancy McKinsey. Managers, they said, need to take account of all seven of the factors to be sure of successful implementation of a strategy large or small. They are all interdependent, so if you fail to pay proper attention to one of them, it can factor will vary over time and you cant always tell how. Thats changing like a lot of these models, theres good dose of common sense in here but the 7S framework is useful way of checking that you have covered all the bases. 4.2 The 7S McKinsey Model

The model is based on the theory that, for an organization to perform well, these seven elements need to be aligned and mutually reinforcing. So, the model can be used to help identify what needs to be realigned to improve performance, or to maintain alignment (and performance) during other types
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of change. Whatever the type of change restructuring, new processes, organizational merger, new systems, change of leadership, and so on the model can be used to understand how the organizational elements are interrelated, and so ensure that the wider impact of changes made in one area is taken into consideration. We can use the 7S model to help analyze the current situation (Point A), a proposed future situation (Point B) and to identify gaps and inconsistencies between them. It's then a question of adjusting and tuning the elements of the 7S model to ensure that your organization works effectively and well once you reach the desired endpoint. 4.3 Structure: Organization structure refers to the relativity more durable organizational arrangements and relationships. Its prescribes the formal relationship among various position and activities. Arrangements about relating relationship, how an organizational members is communicate with the others, what role he is to perform and what rules and procedures exists to guide the various activities performed by members of all part of the organization. The general admission of the company is carried out by the departments and these are downwards communication in the company. The information flows from the top level of management to the lower levels. The design of an organizational structure is a critical task of the management of an organization. Organizational arrangement and relationship among various position and activities.

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Organizational chart

Managing Director

Management Representative

Chief Executive Officer

General Manager

General Manager

HOD

HOD

HOD

HOD (Purchase & Spare)

HOD (Purchase of Material)

Assistant

Human Resource

Commercical Maneger

Accountant

Su pervisor

Superviser

Purchase Officer

Assistant

Assistant

Assistant

Workers

Workes

Superviser

Worker

4.3 Chart: 1 DEPARTMENTS OF ORGANISATION Production department Purchase department Quality department Finance department Marketing department Human resources management

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4.4 SYSTEM System refers Formal and informal procedures that govern everyday activity, covering everything from management information systems, through to the systems at the point of contact with the customer (retail systems, call centre systems, online systems, etc). System is northing but the daily activities and procedures that staff members engage in to get the job done. PRODUCTION DEPARTMENT Production is the conversion of raw materials into the end product by using processes, machines, men, tools, and so on. It is the process by which goods and services are created. As we study the overall organization we come know that the company is following the Pull System process of production. PULL SYSTEM It is a system of production in which products are produced only as they are ordered by customers or to replace those taken for use. Or a JIT system. 5 PS OF PRODUCTION MANAGEMENT Production management is related with five ps namely the product, plant, process, programs, and people. 1. Product:- In the TULSYAN NEC LTD product means woven sacks manufactured by using polypropylene and hydro poly ethylene and these are plastic raw materials. 2. Plant: The plant is broad concept which is used produce the product. The machineries used to manufacture the given product are called the plant.
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Manufacturing facilities The company posses world-class manufacturing facilities for production of high quality Polypropylene (PP) woven fabrics, woven sacks / bags. The machine at the companies facility incorporate latest technology that provide great flexibility and cost saving in manufacturing process. The companys manufacturing facilities include the following : Extruder Cutting and stitching machine Lamination plant Woven bags sewing machine Circular weaving machine Hydraulic bailing press for HDPE/PP bags Extruder:- The company has two advanced range of extruder machines, which are based on latest European design technology to produce different kinds of yarns in colours. Both the extruders are based on of Kolsite make produces finest quality of yarn along with environment friendly operations. Extruders (PP / HDPE Stretching Lines) Features:

Very Fine Quality of Yarns. High Flexibility to produce different kind of coloured yarns.

European design technology. Make: GCL&WINDSOR Capacity:1000 KG/HOUR Number of machines:3units


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Cutting and Stitching machine: The company use latest model of cutting and stitching machines made by GCL. The new age machine cuts, bottom folds and stitches the bags or sacks. The complete processing is done just from the tubular fabric roll. These machines can carry operations like counting, staking and conveying. Make: GCL Type: cutting and stitching machine Capacity: 3000bags/hrs Lamination Plant

Touch Screen Type Operation Panel & Synchronized System as Standard Equipment

Line Speed: Max 120 meter/min Equipped Auto Roll Changing System

Woven Bag Sewing Machine The company has installed high speed, double needle woven sewing machines specially designed by Arm Strong. The double needles of the machine provides a long lasting stitch. These machine can efficiently stitch heavy weight material such as HDPE, PP, Multiwall Papers and other type of woven sacks. The bobbling stitching system of the sewing machine is designed to enhance the overall production efficiency. Can also use any type of cotton and synthetic yarns.

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Features :

Electrically operated Easily convertible in single needle machine Easy adjustment of distance between the needles Fully automatic lubrication with oil recycling

Number of machines : 20 Circular Weaving Machine The new generation circular weaving machine with six shuttle is designed to weave fabric suitable for a variety of applications like plastic

granules/fertilizer/chemicals and smaller covering fabric/tarpaulin etc. Additionally, these machines have an option to produce Anti-slip fabric on special request. Features :

Type : Circular weaving machine 6-shuttle: 80 looms Capacity : 200000 meter/day

Hydraulic Bailing Press For HDPE/PP Bags This is hydraulic bailing press which is used for pressing PP/HDPE bags to minimize the volume for convenient packaging & transporting. These machines are designed for free shift operation and can produce different pressure as per the requirement.

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Features :

Compact hydraulic block Overload protection valves Push button operation Preset bale height table auto stop Pressure regulator and gauge Emergency brak

3. Process: - There are various processes involved in the Production activity. Extrusion Weaving Quality analysis Fabric printing Cutting Stitching Bailing 4. Programs: - The programs include the activity concern with the companys achievement to the strategic goals of the company the retaining the talented employees the organization. Since company has started so many years ago it has expanded its business in overall India and its supplying of goods and services according to the requirements of the customers . 5. People: - People refers to the workers or employees working in the Organization. This company is providing the employment mostly to the persons who are having the technical background such as Engineers,
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Diploma holder, ITI holders etc and occasionally it provides employment opportunity to the non technical persons. It has efficient HUMAN RESOURCE DEPARTMENT to maintain and nurture the human relationship with in the organization. Product portfolio:A customer focused, innovative and solution-driven company, it holds expertise in successfully manufacturing and supplying high quality packaging products. The company is committed to provide their clients a one stop packaging solution. The company uses only high grade raw materials such as HDPE/PP granules, LDPE/LLDPE granules, master batches and printing ink, for products which are procured from reliable and trusted vendors. The products are used for the packing of different products such as cement, sand, polymer resins and agro products. The company offers the following:

PP/HDPE Woven Sacks FIBC bags Polypropylene Asbestos Bags Polypropylene Container Liners Polyethylene Liners Coated or Uncoated Bags Jumbo Bags

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Manufacturing Process PP Woven sacks bags:- The company offers PP woven sacks that are available in a host of fascinating colors, designs and sizes. These allow sufficient passage of air to the packed items and can also be laminated for moisture proof packing of different items. These products ensure the phenomenon of breathing space in packed grains. Salient features of PP woven bags:

Light weight and easy & cheap to transport Bright 2 / 3 / 4 color printing offer aggressive marketing prospects No problems in stacking. Can be gusseted to further improve stacking High Tensile strength and durability Cost effective in comparison to other alternative packing material No Seepages specially in poly lined or laminated bags

Technical specifications for different areas it is used For Fertilizers:


Size Length 915 mm, Width 610 mm Open mouth Bottom stitched duly laminated with PP/LDPE inside Colour Milky White or others

Printed with flexo printing as per IS - 9755 1985 for packing 50.0 kgs

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For Cements:

Size Length 710 mm, Width 480mm with self closing valve, Weight 7075 gms per bag Printed with flexo printing for packing 50.0 kgs as per IS - 11652 1986

For Sugar:

Size Length 900 mm, Width 590 mm Open Mouth Or Top Hemmed Bottom Stitched with inside separate loose liner bag of 25 micron thickness stitched at bottom and printed with flexo printing for packing 50 kgs Sugar

Size Length 630 mm, Width 480 mm Open Mouth Or Top Hemmed Bottom Stitched with inside separate loose Liner bag of 25 micron thickness stitched at bottom and printed with flexo printing for packing 25 kgs Sugar.

For Food Grains:


Size Length 1000 mm, Width 570 mm Open Mouth Or Top Hemmed Bottom Stitched with inside separate loose Liner bag of 25 micron thickness stitched at bottom OR without liner and printed with flexo printing for packing 50 kgs food grains.

Size Length 650 mm, Width 480 mm Open Mouth Or Top Hemmed
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Bottom Stitched with inside separate loose Liner bag of 25 micron thickness stitched at bottom OR without Liner and printed with flexo printing for packing 25 kgs food grains.

For Fabrics

PP / HDPE woven circular fabrics are available in rolls of different colors / shades, width and other specifications as per the clients requirements.

They are put to direct uses or for conversion to Bags and Sacks at customers' end. 4.10 Following is the manufacturing process of PP woven sacks bags The process of manufacturing PP woven bags involves mixing raw

materials starting with PP or HDPE pellets and other additives, extruding the raw materials into a yarn, weaving the yarn into a fabric in a process similar to the weaving of textiles, laminating the fabric, cutting the fabric into appropriate sizes for the bags, sewing the bags, printing onto the bags and finally packaging the bags. a) Tape Extrusion: The raw material consisting of Raffia grade polypropylene and suitable master batch is fed through a plastic extruder fitted with a `T die. The extruded sheet is cooled and slit into small width continuous tapes, which pass over a hot air oven during which the orientation of tapes take place. These tapes are stretched and annealed, to achieve the required denier rating.

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b) Fabric Weaving: These tapes are wound on cheese winders which are used on circular weaving looms to produce continuous Circular fabric of the required lay flat width. The fabric produced is wound into rolls.

THE CIRCULAR WEAVING MACHINE a) Sacks Production: The Woven fabric in roll form is unwounded and cut into required length units. One end of fabric unit is folded at one of its corners such that after stitching a spout opening is formed. The other side of the fabric unit is fully stitched to get a woven sack. These sacks are tested for strength and dimensional requirements as per the buyers specification. The approved sacks are printed as per buyers requirement. Then the sacks are piled,

compressed in a baling press, baled and dispatched. b) Waste Recycling: The waste generated during the entire production process is converted into reusable chips using an agglomerated. Manufacturing process of Flexible Intermediate Bulk Container (FIBC) A Flexible Intermediate Bulk Container, FIBC , big bag, bulk bag, or Super Sack is a standardized container in large dimensions for storing and transporting dry, flowable products, for example sand, fertilizers , and granules of plastics. FIBCs are most often made of thick woven polyethylene or polypropylene, either coated or uncoated, and normally measure around 110 cm or 45-48 inches in diameter and varies in height from 100 cm up to 200 cm or 35 to 80 inches. Its capacity is normally around 1000 kg or
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2000 lbs, but the larger units can store even more. The average bulk bag made to ship one metric ton can weigh between 5-7 lbs. Transporting and loading is done on either pallets or by lifting it from the loops. Bags are made with either one, two or four lifting loops. The single loop bag is suitable for one man operation as there is no need for a second man to put the loops on the loader hook. Emptying is made easy by a special opening in the bottom such as a discharge spout, of which there are several options, or by simply cutting it open. History Although there is disagreement on exactly where FIBCs were first made and used, it is certain that they have been employed for a variety of packaging purposes since the 1940s. These forerunners of the FIBC as we know it today were manufactured from PVC rubber and generally utilized within the rubber industry for the transportation of carbon black to be used as a reinforcing agent in a variety of rubber products. One of the first known importers of the PVC containers into the United States is Robert Williamson, founder and CEO of B.A.G. Corp., in 1969. These first PVC bags were imported from Japan as an efficient way to solve the loading and handling problem faced by crop dusters. By the 1960s, with the development of polypropylene combined with advances in weaving, the bulk bags as we know them today came into being and were rapidly adopted by a wide variety of oil and chemical companies to store and transport powdered and granular products. It was during the oil crisis of the mid 1970s that the FIBC really came into its own for transporting huge quantities of cement to the Middle East from across Europe for the rapid expansion of the oil producing
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countries. At its zenith, upwards of 50,000 metric tons of cement was being shipped out on a weekly basis to feed the vast building programme. The Flexible Intermediate Bulk Container Association (FIBCA) was formed in 1983 by the companies that were manufacturing bulk bags at that time. The modern FIBC transports a growing figure of over billion tonnes of product each year and is used to handle, store and move products as varied as cereals to powdered chemicals and flour to animal feeds. With a capacity of up to 3m and load capability ranging from a tonne to two tones FIBCs are highly cost effective, easily recyclable and ideal for virtually any free-flowing granule, powder, pellet or flake. FIBCs are also being developed to hold and filter fluid products. Process a) Tape Extrusion: The tapes are produced by extrusion of

polypropylene with master batch using a `T die.

Orientation,

stretching and annealing of the tapes are done to obtain the required denier rating. As the tapes are wider and thicker, in order to facilitate weaving, the tapes are folded into three layers use a tape folding equipment or slit into fine fibers using a fibrillate to obtain compact fibrillated tape, which are wound on cheese winders. b) Fabric weaving: Using an eight shuttle circular loom, the folded or fibrillated tapes are woven into a circular woven fabric of required lay flat width, which are wound into rolls.

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c) FIBC production: The circular woven fabric is cut into required length. The top and bottom covers are also woven fabric which is slit opened to give open width fabric. The inlet and outlet spouts are small tubular woven fabric. The handles are made out of knitted polypropylene fibers. All these elements are cut into the required size as per the design of FIBC and are stitched together, to obtain the circular woven fabric it is cut into required length. The top and bottom covers are also woven fabric which is slit opened to give open width fabric. The inlet and outlet spouts are small tubular woven fabric. The handles are made out of knitted polypropylene fibers. All these elements are cut into the required size as per the design of FIBC and are stitched together, to obtain the FIBC of required capacity and Safety factor. An inner layer of HDPE blown film is also employed to avoid seepage. The single use FIBCs employ less denier tapes than the multi-use FIBCs of corresponding capacity. d) FIBC Testing:

The following tests are conducted on FIBCs i) Ultra-violet stability test of polypropylene fabric. ii) Tensile testing of FIBC fabric and handles. iii) Test for resistance to impact collusion The test parameters are based upon the design and utility conditions of FIBCs. 4.14 Printing & Packing: The quality approved FIBCs are printed as per customers requirement and baled using a baling press.

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Classification of FIBC Construction Lifting options Electrostatic properties Industries served Flood barriers use Construction: U-Panel construction Circular/Tubular construction Baffle construction Four side panel construction Round construction Lifting options: Cross corner lifting loops Corner lifting loops Four loops Two loops Sling loops Full loops Electrostatic properties:

Type - A - no special electrostatic safety features Type - B - Made from plain (non-antistatic) polypropylene. Type B bags are not capable of generating propagating brush discharges. The wall of this FIBC exhibits a breakdown voltage of 4 kilovolts or less.

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Type - C - Conductive FIBC. Constructed from electrically conductive fabric, designed to control electrostatic charges by grounding. A standard fabric used contains conductive threads or tape.

Type - D - Anti-static FIBCs, essentially refers to those bags which have anti-static or static dissipative properties without the requirement of grounding Industries served: Chemicals Fertilizers Fiberglass Food Products Grains Mining (Used to hold shotcrete) Pharmaceuticals Pigments Plastics Refractories Rubber Additives Seed

Advantages of HDPE / PP Woven Sacks and Bags Moisture Proof : HDPE / PP Bags are inherently moisture repellent. Light Weight : HDPE / PP Bags being light weight, offers easy and cheap transportation. Printing : Bright 2 / 3 Color printing offers aggressive marketing prospects. Stack ability : No problems in stacking. Can be gusseted to further improve
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stacking. Strength : High Tensile strength and long life. No corrosion. Economical : Highly economical compared to other alternative packing material. Seepage : No Seepages specially in paper lined bags.

PROCESS FLOW CHART FOR WOVEN SACKS/FIBC Raw Material PP/HDPE + Master Batch Extrusion Sheet Die Cooling Water Bath Sitting Unit Hot Air Woven

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Stretching Unit Annealing Unit Tape Folding Unit Cheese Winders Quality Control Testing Weaving on Looms Fabric Rolls Fabric Cutting Fabric Stitching

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Fabric Stitching Quality Control Testing Printing Bailing Dispatch Fabric Lamination Fabric Welding Quality Control Bailing Dispatch

FIBCS & SMALL SACKS 4.4 Chart: 1

WIDE WIDTH FABRIC

PURCHASE DEPARTMENT The most important aspect in any organization is flow of materials from outside the organization to fulfill the requirements of the each department. This activity is taken care by the PURCHASE DEPARTMENT. Purchase department plays an important in the organization effectiveness and its productivity. Purchase department has to make timely order of the raw material for the uninterrupted production process, and the
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spare parts for the machines which helps in orderly replacement of spares with the production moving. Objectives of the purchase department: A. To procure quality raw material at the least cost. B. To maintain sufficient stock at go downs. C. To preserve the stock at maximum care. D. To maintain safety stock level. E. Estimate the future fluctuation in prices of raw material arrangement of finance to fulfill the maximum stock level. The department is responsible for the following: Domestic purchase Imports Trading of Raw Material Dispatches to factories Storage at godown Excise obligation

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Hierarchy of purchase department

Purchase Officer Store Officer Helpers Helpers


4.4 Chart:2 IN TULSYAN NEC LTD the purchase department may be split into two divisions: Department of purchase of spare parts Department of purchase of raw material Purchase of spare parts department: Purchase of the spare parts is maintained by the Bangalore branch itself. Here requirement of all the machines spares and parts are looked by this department. Each production department head will place orders that they require, Sometimes the department will assess the required spares and parts and place order in time or refill of the spare parts stock. Head of purchase department, based on the past records will identify the requirement. The stock of spares and parts are maintained in the average stock level.
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Store assistant Helpers

Organization Study on Tulsyan Nec Ltd.,


The process of purchase of spares and parts are as follows: They will send an indent to the supplier of the spare parts including specification of the spare parts. Supply will be received approximately after certain days. LOCAL - 8 TO 10 DAYS OUTSIDE - 15 TO 20 DAYS Process of Purchase of spare parts Good receipt cum inspection note (GRIN)

Quality & quantity (Store check)

Quality department checker (jobbers)

Department head (GRIN sign)

Accounts department (payment) 4.4 chart: 3

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This process chart give us a clear picture how ordered spare parts will be received in the organization. PROCESS OF PURCHASING OF RAW MATERIAL

General manager(Raw material) Manager(Raw material)

Executive (Raw material)

Executive (Imports)
4.4 Chart: 4

Go-down incharge

Responsibilities & Authorities: Responsibility & Authorities of GM are covered in quality manual. Manager (RM) Responsibilities Maintain inventory status. Maintain subcontractor purchase and payment statement. Verification of Excise Documents Import material follow ups Co-coordinating with factories for their requirements and their ensuring.
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Timely deliveries. Authorities: Authorizing excise documents. Releasing indents purchase order with approval of the GM. Dispatch order for sales Responsibilities Executive (Imports) Preparation of import clearance documents. Execute all import materials clearance formalities. Bonding/De-bonding or import materials. Clearance and transshipment of stores from the port of entry. Responsibilities of go down in-charge Receipt of stores. Proper storage & handling of materials. Preservation and safety of material. Issue of raw material as per the instructions from(RM). Ensure proper loading. Major suppliers of the raw material Reliance industries ltd Indian petrochemical corporation ltd Gas authority of India ltd Haldia petrochemical ltd

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QUALITY DEPARTMENT QUALITY CONTROL DEPARTMENT The company believe that quality is essential to the success of any business therefore company has adopted good quality practices and try to instill these practices into the organization's culture and our product range. With the strict quality measures, the company has mastered the art of producing flawless products and are constantly incorporating innovations. Aspiring for the total customer satisfaction, company lay stress on efficiency, quality and commitment. The main objective is to manufacture and supply the best quality product to the world with latest and advanced technology. Company has commit to provide material quickly, flexibly and with service tailored directly to the needs. The products are checked on the following quality parameters: Finish Durability Resistance to water Strength Quality is desired attributes and characteristics in material, semi finished products and finished item it is a relative term and can be expressed based on end usage. In simple words quality is doing the right things at first time and every time. Quality is: Degree of performance Degree of preference.
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Degree of excellence Promises made to the customers Quality of design

There are 8 dimensions of quality: i. ii. iii. iv. v. vi. vii. viii. Performance Features Reliability Conformance Durability Serviceability Aesthetics Perceived quality

In TULSYAN NEC LTD each department head or supervisor especially in extrusion and weaving section, checks the tape quality, fabric strength which is needed to meet the demands and requirements of the customers. They use a special machine to check the strength of the fabric after the weaving of sample, then if any defects are found it will be informed to the departmental head or the concerned person in charge. Currently the company is looking towards covering their quality under various international market standards namely Srilanka, UK and middle east countries .The company is also getting the rebars certificate from CRM Beligum. The company has a Microsoft ERP solution which will further add quality system.
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4.5 STAFF Staff means the employees and their general capabilities. The

company's people resources and how they are developed, trained, and motivated. Staff means that the company has hired able people trained them well and assigned them to the right job. Selection training reward recognition motivation and assignment to appropriate work are all the key issues. Staffing is the process of acquiring the manpower for the company and insuring that they have potential to contribute to the achievements of companys goal. It is selecting people for specific company position and developing in these and subsequent abilities and skills that they would need to be effective in these and subsequent assignment. The staffing function applies to the whole company good performing companies paid attentions to the development of managers. On the Indian since there are some example of firm which are relatively more concerned about the processes of management development.

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HUMAN RESOURCES MANAGEMENT HIERARCHY OF HUMAN RESOURCE DEPARTMENT

HOD/HR manager

Executive

Executive

Assistant supervisor

House keeping supervisor

Assistant supervisor

House keeping supervisor

4.5 Chart:1 Introduction: Human resource is very important for the success of any organization. Human resource management is the wealth of an organization, which can help in achieving its goals. Human resource management is concerned with the human being in an organization. It reflects a new out look, which views organization manpower as its resource and assets. Meaning of Human resource management:Human resource management is that process of management which develops and manages the human elements of enterprise. It is not only the management of skills but also the attitudes and aspiration of people. When
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individuals come to work place, they come with not only technical skills, knowledge, experience, but also with personal feelings, desires, motives, attitudes, values etc.., So Human resource management means management of various aspects of Human resource. HRM is a management function that helps a manager to recruit, select, train and develop members for an organization. It is mainly concerned with the people dimension in organization. Tulsyan company has nearly 1640 employees (including contract labours) as compared to previous year and the industrial relations remained cordial during the year. To meet the ongoing challenges in the market place employees are trained continuously to upgrade both their knowledge and skills. CLASSIFICATION OF EMPLOYEES Permanent employees Casual employees Apprentice

FUNCTIONS OF THE HR DEPARTMENT Recruitment of candidates. Selection of best suited and right persons. Training and development of employees. Framing of rules. Creating a good working environment. Motivating the employees to work up to their potentials. Maximizing the performance of employees.
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Maintenance of records. Maintenance of industrial relations. Employee service and benefits

MAINTENANCE OF SERVICE REGISTER\ PERSONAL FILES Tulsyan maintains a service register of each employee maintaining all the service records and the below mentioned facts according to the HRD wing of the respective organization. Particulars of the employees. Date of joining. History of services. Pay scale/ increment /advances. Particulars of leave availed including leave encashment / maternity leave. Particulars of record of rewards, praise, punishment or censure including suspensions Place of position. Name / age of family members for provide medical benefits. Permanent residence address and present postal address. Details of training program undergone.

HR PRACTICES OF TULSYAN NEC LTD Provident fund and pension fund. Gratuity. Compensation for accidents.
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Shift allowances. Overtime allowances. Death relief fund. Provide loans through the banks. Leave encashment such as all permanent employees as on the date of settlement will be given leave encashment in the form of following: Earned leave. Casual leave. Maternity leave. Commuted or half day leave.

The primary responsibilities of the human resource department is 1. MANPOWER PLANNING As an annual exercise, human resource department reviews the existing manpower plan for the year from the entire department. On discussion and consultation with managing director, the same shall be approved with changes if any. 2. RECRUITMENT AND SELECTION Based on the manpower plan and recruitment that follow due to resignation, termination, retirement, and transfer, concerned department heads shall give the manpower requisition along with job description according to which human resource department arrange for Recruitment of personnel. The sourcing of manpower will be through advertisements, consultations, walk-in, and on-gate-advertisement or wanted lists on gates of the concerned departments of the company.
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3. INDUCTION AND PLACEMENT The selected candidates will go through process of induction into the companys system and procedures. The induction and placement is given to the selected candidates by departmental heads, 4. WAGES AND SALARY ADMINISTRATION The wages and salary as prescribed by the companys rule will be disposed as follows. A. Confirmed staff B. Unconfirmed staff C. Workman 5. : Last day of the month.

: Fifth day of the next month. : Seventh day of the next month.

PERFORMANCE AND POTENTIAL EVALUATION The performance of the entire trainee will be evaluated once in three

months. All other employees performance will be reviewed once in a year. On being found that their performance and potential to perform is up to the expectation of the, management, employees will be rewarded with normal increment, merit increment, lump sum payment and promotion. Those employees whose performance is below the management expectation will be given consulting in. In spite of such counseling, if the employees continue to perform below expectation his awards or rewards will be differed, postponed withheld depending on the degree of his poor performance. 6. PROMOTION, TRANSFER AND CAREER PLANNING Promotion to higher posts to the employees is strictly and solely on merit basis and experience. Transfer is affected on need basis and career planning in envisaged.
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7. DISCIPLINE AND INDUSTRIAL RELATIONS The company standing orders governs the employees and the industrial relations between the management and workman are cordial and harmonious. To maintain this sort relationship between the employees and employer or labors and superiors, The company has conducted so many cultural programs, debate competition, issuing questionnaire to the employees about the companys working environment. It follows strict supervision on the workers absenteeism as well as find out the reasons for the same and also tries to solve the problems of absenteeism. The company has maintained the absence rate of the workers very effectively by discovering optimum solution for the absenteeism and has decreased the rate of absence from 5% to 3%. TULSYAN Company is labor oriented and having a training and development programs at minimum level. The company has only few employees at plant who are having technical skills, and maximum number of labors having less or no technical background. EMPLOYEE WELFARE The welfare measures at TULSYAN NEC LTD as follows. 1. Uniform: All the staff and labor members are provided with proper uniforms and shoes. The workmen are provided with two pairs of shirt and pants, two pairs of socks and a pair of leather shoes. The purpose behind this is to maintain discipline and remove the disparity with in the group of workers.
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2. Canteen : In order to enable all its employees to have subsidiary food, management of TULSYAN NEC LTD has provided a canteen facility which well furnished and provides food by giving coupons to the workmen at RS 85 per week. There are separate canteens for male and female workmen. 3. Soft drinks: The employees at staff level are allowed to enjoy soft drinks at wholesale price which is deducted from their salaries. 4. Tea / coffee: The workmen and staff members are having the facility of getting tea and coffee at subsidized rate, served twice a day to all its employees of the organization. 5. Loans to employees : All confirmed employees who have five years of completed service, will be given loan which is repayable in equal installments. Workmen also have the facility to procure the loan from company through Syndicate bank where company has most of the transactions. 6. Salary advance: Employees on emergency are given salary advance which is fully deducted in the next month salary. It boosts the employee moral and builds the loyalty with the company. 7. Insurance: personnel department is responsible for ensuring the property of the company towards fire policy, burglary, cash in transit and its employees towards workmans compensation policy, group personnel accidents, insurance med claim, and fidelity insurance. 8. Provident fund : As usual in all the companies provident fund in given to the employees by contributing half by the employer remaining is deducted from the salary or wages of the workmen and staff members of the company.

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9. ESI Benefits: The company provides employee state insurance to the all the employees who worked more than 31 days in previous year. 10.Parking avenues: The company has provided well roofed parking slots to the employees and workmen vehicles who usually come by bicycles and scooters.

Shift timings of the organization:Since its a production unit the company maintains 5 shifts out of them 3 are production shifts and 2 are general shifts, the following are production shift timings 7:00am-3:00pm 3:00pm-11:00pm 11:00pm-7:00am The following are the general shift timings 8:30am-5:00pm 10:00am-6:00pm 4.6 STRATERGY Strategy refers to the systematic action and allocation of resources to achive the companies aim the integrated vision and direction of the company. Plan for the allocation of firms scarce resources over time, to reach identified goals, governments competition, and customers.

Strategy is a plan an organization formulates to gain a substantial advantage over the competition. Strategy is the art of devising ang employing a system of activities that mobilizes all resources towards a valuable goal. strategy is the determination of basic long term goals and objectives of an
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enterprise, and the adoption of course of action and the allocation of resources available for carrying these goals.

MARKETING DEPARTMENT Hierarchy of marketing department


General manager Domestic market Executive satish Export market Executive maria

Sales

Sales

Sales

4.6 Chart: 1 Marketing is a process of persuasive action which makes the buyers to buy the products and services at given price is called marketing. Marketing management is a process of planning and executing the conception, pricing, promotion and distribution of goods services and ideas to create exchanges with target groups that satisfy customers and organizational objectives. Marketing management is a process involving analysis, planning implementation and control that it covers goods, services and ideas that it rests on the notion of exchange and the goal is to produce satisfaction for the parties involved.

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MARKETING MIX Marketing refers to the four Ps: Product Promotion Pricing Place

Promotion Promotion activity of the products produced by the TULSYAN NEC LTD is totally taken care by head office of the company which is situated at Vasanthnagar, Bangalore. Promotion of the products is looked after by the companys marketing executives. Pricing Pricing is relying on the quality and quality ordered by the customers. When customer places bulk orders for the products and services, company will quote the low price for the orders or vice-versa. All the pricing quotation is fixed by the head office of TULSYAN NEC LTD. Only manufacturing process will be done in the plant. The head office will receive the cost of each order placed by the customers. It will then check the cost of the orders and then fix the price for the orders Place Place refers to the space of finding the targeted customers of the produced goods and services. Mainly company will browse the customers via

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internet or through the directories, which contains information about the customers. MARKETING PROCESS The marketing process followed at Tulsyan is Analyzing market opportunities Researching and selecting target markets and positioning the offer Developing marketing strategy and plans Planning marketing programs Organizing implementing and controlling the marketing plans MARKETING PROCESS OF TULSYAN NEC LTD SEARCHING CUSTOMERS VIA INTERNET

POSTING COMPANY PROFILE TO CUSTOMERS

REPLY FROM CUSTOMER

BUILD RELATIONSHIP AND ENQUIRIES

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FIX QUOATATIONS

PRICING QUOTATIONS

PLANNING MARKETING PROGRAMS

ORGANIZING IMPLEMENTING MARKETING EFFORTS

4.6 Chart: 2 CUSTOMERS PROFILE There are nearly 51 overseas customers and few domestic customers. some of the major customers are as follows:Domestic customers ACC CEMENT RASHI GOLD COROMANDEL AMBUJA CEMENT BIRLA SUPER L & T CEMENT
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ULTRATECH CEMENT

JUMBO BAGS (FIBC) VEDANTA (Lanjigarh) INDIAN OIL ENCORE

Overseas customers SHAH& Co TRACO CABLE COMPANY LIMITED KEJRIWAL

ELECTRONICS LIMITED P.L. GOYAL & SONS LIMITED INFO TRENDS CHETANA LAMINANATES PRIVATE LIMITED M.B.I.L LIMITED SHREE LAXMI PACKAGING ASHIRVAD IMPEX CHRIST EXPORT R.P.PLASTIC

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FINANCE DEPARTMENT INTRODUCTION Finance is regarded as the lifeblood of the business enterprise. Financial management is very important to any organization. Lack of this paralyses the activities of the firm. Hence, it is essential to have a sound financial system organized in an organization or enterprise. Every organization needs money and the management of it is very important in any financial system of an organization. Tulsyan has very sound financial department and well trained and experienced employees to carry out the financial activities. Here every activity is carried out with utmost care According to the Consolidated - Audited financial statement for the Year 2011, total net operating revenues increased 46.28%, from INR 608.32 tens of millions to INR 889.88 tens of millions. Operating result decreased from INR 53.9 tens of millions to INR 53.58 tens of millions which means -0.59% change. The net income of the period increased 6.89% reaching INR 11.02 tens of millions at the end of the period against INR 10.31 tens of millions last year. Return on equity (Net income/Total equity) went from 16.01% to 15.25%, the Return On Asset (Net income / Total Asset) went from 3.16% to 2.88% and the Net Profit Margin (Net Income/Net Sales) went from 1.69% to 1.24% when compared to the same period last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 529.15% compared to 507.13% the previous year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.43 to 2.18 when compared to the previous.

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Objectives:The objectives of financial department are as under: To ensure that accounting records of various divisions are properly maintained. To ensure that sales realization are properly accounted and remained the marketing section from time to time over the debtors portion in order to enable them to collect the dues. The account section objective is also to see that regular payments of milk bill are made to milk producers on priority. To see that the payments to creditors are made within stipulated time. Account section has to provide management timely information about the financial position of the union and guide them as to viability of the proposals that come in the course of business activity. The other objective of finance section is to keep the management / board appraised of monthly trading and P & L a/c figures. To include timely submission of financial statements to auditors and ensure smooth audit is conducted and give audit reports to management. Functions:The main functions of the financial department are as under: To manage cash. To manage bills. To manage transportation bills. To manage pay bills. To manage accounts.
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Working capital ratios Ratio Analysis can be defined as the study and interpretation of relationships between various financial variables, by investors or lenders. It is a quantitative investment technique used for comparing a company's financial performance to the market in general. A change in these ratios helps to bring about a change in the way a company works. It helps to identify areas where the management needs to change. They would deal with some of the predominant ratios more relatively applicable in working capital management.

Current ratio This ratio establishes the relationship between current assets and current liabilities. the purpose of this ratio is to find out the extent of current assets available against each rupee of current liability of the firm Current ratio=current assets/current liabilities Current assets include cash, marketable securities, debtors, inventories, prepaid expenses etc. Current liabilities includes creditors, bills payable, accrued expenses, short term bank loan, income tax liability and long term debt etc. Year 2009-2010 2010-2011 Current assets 189.03 258.87 Current liability 125.785 167.935 Current ratio 1.502 1.5414

4.6 Table: 1

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Interpretation: From the year 2009-10 the Current ratio has decreased but in the year 2010-11 the Current ratio has increased. Quick ratio This ratio is called as acid test ratio or Quick ratio. It establishes the relationships between liquid assets are those which can be converted into cash without any loss or delay. all current assets, excepting stock and prepared expenses, are considered to be liquid assets. Liquid liabilities are those liabilities which are payable immediately. all current liabilities, excepting Bank overdraft, are considered to be liquid liabilities.

Year 2009-2010 2010-2011

Quick assets 108.115 146.665

Quick liability 125.785 295.01

Quick ratio 0.85952 0.49715

4.6 Table: 2 Interpretation: From the year 2009-2010the quick ratio has decreased but in the year 2010-2011the quick ratio has increased.

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REPORT OF THE DIRECTORS TO THE SHAREHOLDERS They presenting the 64th Annual Report of the Company together with the Audited Balance Sheet, Profit & Loss Account and Cash Flow Statement for the year ended 31st March, 2011. FINANCIAL RESULTS Rupees in Lakhs 2010-2011 2009-2010 Profit before Depreciation and tax 2365.39 2258.48 Less: Depreciation 857.88 813.33 Profit for the year before exceptional items 1507.51 1445.15 Less: Exceptional Items 126.96 85.73 Profit for the year 1380.55 1359.42 Less: Provision for Current Tax 290.00 360.00 Deferred Tax 156.22 150.17 Add: Surplus brought forward 3334.84 2698.85 Amount available for appropriation 4269.17 3548.10 Appropriations: Interim dividend 50.00 Corporate Tax on Interim Dividend 8.50 Dividend 50.00 100.00 Corporate Tax on dividend 5.31 11.26 General Reserve 105.00 102.00 Balance carried forward 4050.16 3334.84 OPERATIONS AND OUTLOOK During the year under review, Sales and other receipts grew 32.93% YOY to Rs. 84310.61 Lakhs. EBITDA grew by 4.73% YOY to Rs. 2365.39 Lakhs and PAT grew by 10.02% YOY to 934.33 Lakhs. Your directors expect a growth of 35% in the top line for the FY 2012. As in the last year during the current year also there were drastic power cuts consequently effecting our costs and also the production. Due to these power cuts they could not utilize our capacities in full thus losing out on economies of large scale production. The 35 MW captive thermal power plant at Gummudipoondi is expected to commence production from June 2012. During the current year your company proposes to set up an additional captive Power Plant of 35 MW capacity, additional Induction furnaces of 4 numbers of 20T each for billet manufacturing with annual installed capacity of 274000 MTPA this will be set up at the new site where the captive power
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plant of 35MW is under implementation. The company is setting up a Wire Rod and Bundling machine with a coal gasifier at the existing rolling mill division in Gummudipoondi. DIVIDEND there Company paid interim dividend of 10% during January 2011. There directors are now pleased to recommend a final dividend of 10% on the paid up capital of Rs. 5 Crore. This together with the interim dividend aggregated to a record total dividend of 20% for the financial year ended 31st March 2011, on the paid up capital of Rs. 5 Crore. DIRECTORS Shri V. Kirubanandan, Director of the Company, retires by rotation and being eligible, offers himself for re-election.

AUDITORS The Auditors of the Company M/s. C.A. Patel & Patel, Chartered Accountants, Chennai, retire at the ensuing Annual General Meeting of the Company and are being eligible, offer themselves for re-appointment. Some of the accounting notes of the company Contigent liabilities:- All liabilities have been provided for in the accounts except liabilities of a contingent nature, which have been disclosed at their estimated value in the Notes to the Accounts wherever practicable.

Cash &cash equivalents:- Cash and cash equivalents in the cash flow statement comprise cash at bank and in hand and short-term investments with an original maturity of three months or less.

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Foreign exchange transaction:- All foreign currency transactions are recorded at the average exchange rate prevailing during the transaction occur. Outstanding balance of foreign currency monetary items are reported using the period end rates.

Segment reporting:- Segments have been identified in line with the Accounting Standard on Segment Reporting (AS 17), taking into account the organizational structure as well as differential risk and returns of the segments Tax & income:- Tax expenses for a year comprises of current tax and deferred tax. Current tax has measured at the amount expected to be paid to the tax authority, after taking into consideration, the applicable deductions and exemptions admissible under the provisions of the Income Tax Act, 1961. Deferred tax reflects the impact of current year timing difference between taxable income and accounting income for the year and reversal of timing difference of earlier years. Deferred tax is measured based on the tax rates and the tax laws enacted or substantively enacted at the Balance Sheet date. Lease payments and receipts:- Lease payments have been made towards land at Chennai and amortized on a straight line basis during the period of lease. Lease payments have been made towards Hire Purchase of Vehicle.

Details of secured loans:- Loans from Banks secured by exclusive charge on land, buildings and plant and machinery other than those specifically charged. Term Loan from Financial Institution is secured by assets purchased under the loan and are guaranteed by the Managing Director and two Directors of the company.
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SKILLS Skills refers to the fact that employees have the skills needed to carry out the companys strategy. Training and development ensuring people know how how to dotheir jobs and stay up to date with latest techniques. The company requires technical skills for production and manufacturing divisions. Also it ability, knowledge, understanding and judgment to accomplish a task. Skills may be defined as what the company does best, the distinctive capabilities and competencies that reside in their organization. The organization selects and assigns personnel performing work affecting product quality based on appropriate education skills and experience. The organization has also a system to assess the competence of its personnel on periodic basis(performance appraisal and development report) to identify gap in the performance, if any as well as assessing their training needs to bridge the gap.. Style The company follows a centralized system of decision-making. Only the top management takes the decision and the suggestion of the lower level employees are taken into consideration. To study the style of functioning of TULSYAN NEC LTD, cultural style of the organization and how the key mangers behave in achiving organizations goals. In TULSYAN NEC LTD the decision process are taken by the management in the head office. The decision are Authoritative in nature when it comes to decision making. Only the persons who are in higher authority take decision about the day-to-day operations. Thus, decision making is restricted to the upper layer of the management. For eg: while taking
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decision regarding purchase only the M.D and Directors will take decision regading the vendor, quantity and quality of the raw material, and tenders. The higher authorities do everything. There is no participative approach and most of the employes have no or very little knowledge about all the aspects of the companys administration. Shard values Shared values means values and beliefs of the company. Ultimately they guide employees towards 'valued' behavior. It refers to the core or fundamental values that are widely shared in the organization and serve as guiding principle that are important. These values have great meaning because they focus attention and provide a broader sense of purpose. Value act as an organizations conscience providing guidance in time of crisis with a vision of being a world class, innovation competitive and profitable paper it has used all the available resources. The company has a goal to all its concern and share the information available in every concern and produces the products as concern to the customers need. Values act as an organizations conscience, providing guidance in time of crisis. Shared values are to company policies. In TULSYAN NEC LTD the following policies are maintained.

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QUALITY POLICIES They shall make value additions to our customers by providing world class products. Meet to the full satisfaction of customers. Quality by enhancing productivity and efficiency. Being internationally competitive. Achieve quality products with total support from all their employees. Checking continuous improvement. To listen openly to its customers. To design the products they want first. Produce the products cheaply not compromising with quality. To offer excellence to your customer. To listen to empower and motivate your employees

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CHAPTER-5 SWOT ANALYSIS SWOT analysis is a structured planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. A SWOT analysis can be carried out for a product, place or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. Strengths and weaknesses are often internal to your organization, while opportunities and threats generally relate to external factors. For this reason the SWOT Analysis is sometimes called Internal-External Analysis. 5.1 Strength Strengths are the qualities that enable us to accomplish the organizations mission. These are the basis on which continued success can be made and continued/sustained. Strengths can be either tangible or intangible. Strengths are the beneficial aspects of the organization or the capabilities of an organization, which includes human competencies, process capabilities, financial resources, products and services, customer goodwill and brand loyalty. Examples of organizational strengths are huge financial resources, broad product line, no debt, committed employees, etc. strengths of TULSYAN NEC LTD are:

The company has very good quality of fabric as well as quality control system.

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Continous improvement of their product by incorporating latest state of art technology that is printing and lamination departments. Strict compliance of quality, timely delivery and quality management services. The company is providing better packaging solution to requirements of customers by quoting the pricing reasonably.

5.2 Weakness Weaknesses are the qualities that prevent us from accomplishing our mission and achieving our full potential. These weaknesses deteriorate influences on the organizational success and growth. Weaknesses are the factors which do not meet the standards we feel they should meet. Weaknesses in an organization may be depreciating machinery, insufficient research and development facilities, narrow product range, poor decision-making, etc. Weaknesses are controllable. They must be minimized and eliminated. For instance - to overcome obsolete machinery, new machinery can be purchased. Other examples of organizational weaknesses are huge debts, high employee turnover, complex decision making process, narrow product range, large wastage of raw materials, etc. weakness that TULSYAN NEC LTD having are:

The company has poor advertising strategies to increase their sales. The company is not ready to acquire bulk orders because of lack of investment.

The utmost weakness of this company is lack of marketing, they believe that they are retaining most of their customers.

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Attrition rate is more.

5.3 Opportunities Opportunities are presented by the environment within which our organization operates. These arise when an organization can take benefit of conditions in its environment to plan and execute strategies that enable it to become more profitable. Organizations can gain competitive advantage by making use of opportunities. Organization should be careful and recognize the opportunities and grasp them whenever they arise. Selecting the targets that will best serve the clients while getting desired results is a difficult task. Opportunities may arise from market, competition, industry/government and technology. Increasing demand for telecommunications accompanied by deregulation is a great opportunity for new firms to enter telecom sector and compete with existing firms for revenue. TULSYAN NEC LTD having opportunities like:

New business alliance with clients abroad. It has the potential to diversify in to various related business like sugar bags, cement bags etc.

The company easily combat with their domestic competitors because of their quality assurance and quality service.

Flexibility in usage of product makes the company more attractive.

5.6 Threats Threats arise when conditions in external environment jeopardize the reliability and profitability of the organizations business. They compound the vulnerability when they relate to the weaknesses. Threats are uncontrollable. When a threat comes, the stability and survival can be at stake. Examples of
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threats are - unrest among employees; ever changing technology; increasing competition leading to excess capacity, price wars and reducing industry profits; etc. Threats are: The entry of multi-national automation companies will have a greater impact on the growth of the company. Frequent power failure in the work place. Changes in government policies

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CHAPTER 6 FINDING SUGGESTIONS AND CONCLUSION 6.1 Finding In Tulsyan nec ltd Finance and Marketing decisions are taken by the head office located at Bangalore. It has been providing employment opportunity not only for technical people and also also for non-technical people with minimum education qualification. It is providing good quality products and services to the society as well as to customers. It has well equipped plant to meet variation in the demand for instance TULSYAN NEC LTD has VI extruders to make the raw materials conversion. It has provided well furnished canteen facilities to all his workers. It has well supported co-ordinate employees to meet objectives and goals of the company also maintain industrial peace. It was founded that there are more number of unskilled labourers in the company. Training programmes for every new joiner is given. Online training (it is regularly given when there is change in orders, complaints and so on.) Skilled employees are sent outside the organization for seminars. It has been maintaining day-to-day transaction in the books of records are kept manually All departments are well structured and their functions are clearly defined.
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6.2 Suggestion: The organization should provide optimal salary to their employees and workers. Using the experts in decision making and solving problems of the industry. The industry should give the advertisement of the product to create the place in market. Giving the opportunities for employees to involve in decision making Career planning of employees should be focused. Industry should have skill development programs for the same.

6.3

Conclusion I had the opportunity take my organization study at. TULSYAN NEC

LTD at Doddaballapura, within a span of 1 month. I was able to gather information regarding the company and its working environment. It has having good demand for their product but limited advertisement in market. This industry is the largest foundry company which is helping the growth of country economy. The high performance of Tulsyan NEC Limited is the effort of the management and the worker in the organization for its high growth and increased sales and with effective operations management. TULSYAN NEC LTD having the good working environment. And this industry having good infrastructure facility to develop the employees. The employees are very happy to work is the Industry. And industry was taking well initiative to strengthen their employees and also to improve the quality of
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life their employees. The overall study that emerges in this firm has been maintained well and efficient department in the management. Its all section are working efficiently. Every organization makes sure that its employees are satisfied and are happy working in the organization. Every working person expects some benefits from its organization apart from the basic salary paid to him for his work. An employee tends to be more satisfied from the additional benefits that he obtains from the organization. Tulsyan NEC Limited is one of those organizations who provides excellent benefits to its employees and makes sure that its employees are satisfied and contended working in the organization.

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LEARNING EXPERIENCE The in-plant training created a sense of practical exposure and enlightenment in my mind as to what actually an organization is and how theoretical concept are practiced in with only theatrical knowledge; several management concepts were slightly difficult to analyses. However, after inplant training, I have felt empowered with confidence to understand different management concept in a pragmatic manner. This training help me a lot to study overall industry by theoretical concepts which i learnt in my 1st year MBA, and also helped me to gain knowledge about the industries like product production, production process, and how it works. On 14/08/2012 I have visited to industry and I met HR manager and I came to know what is the product actually The Tulsyan NEC Limited producing. On 16/08/2012 I came to know about background of the industry and directors and promoters of the industry. On 16/08/2012 I went to production department and saw the process of the woven sacks On 18/08/2012 again I went the production department and I saw the whole machines which is using for the production of woven sacks with the help of mr. prakash(HR manger)

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On 20/08/2012 supervisor showed me the different products of the industry which they are producing and told about the 5ps management like people, production, plant, process, program. On 22/08/2012 I came to know about the cost accounting calculations and cost records which they maintained and the techniques and methods for controlling the cost. On 23/08/2012 HR mangers told details about the industry has two division steel and plastic packaging. The steel division is located at Chennai and goa. And also I came to know vision, mission and competitatores of the industry. On 27/08/2012 supervisor shows all the machines and also told their capacity to produce the bags and the workers needs to handle the machine and the production capacity per day. On 29/08/2012 I went to HR department to collect the information about that department. HR manager Mr. Prakash told me that total employees working their and benfits and welfare facility of employees which the Tulsyan NEC Ltd providing them. On 03/09/2012 I got the information about the purchase department and about the suppliers. On 05/09/2012 I came to know the quality of the product which the industry maintaining to satisfy the customer needs and they showed me the quality checking machine which checks the strength of the bags.

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On 06/09/2012 I went to finance department of the industry and I come to know that this industry has very sound financial department and well trained employees to carry the financial activities. On 08/09/2012 again I went to finance department and get information about current assets, current liabilities and I collect three years balance sheets to get overall information of past data. On 10/09/2012 I went to marketing department and I collect information like marketing mix and I came to know that this industry doesnt not giving any advertisement of their product and customers, competitors of this industry. On 12/09/12 finally again I went to HR department to see when employees get wages or salary in the end of the month and shifting time and timing of work in the industry. 0n 14/09/2012 I went industry to say thanks to gave an opportunity to study overall the industry and help me to get all the information of all department, and finally I collect certificate from the industry.

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BIBLIOGRAPHY

Books

Marketing Management- Philip kotler

Human Resource ManagementK.Ashwathappa.Keller Philip.And Keller Kevin Lane, Marketing Management 12edition, PrenticeHallof India Pvt Ltd, Twelfth Edition.

Websites

www.wovensacks.com

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