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    BOSCH

    R.I.M.S, BANGALORE Page 1

    1.

    INDUSTRY PROFILE

    The automotive industry began in the 1890s with hundreds of manufacturers that pioneered

    the horseless carriage. An automobile (or automotive) is a vehicle that is capable of

    propelling itself. The automotive industry involves all those companies and activities

    involved in the manufacture of motor vehicles, including most components, such as engines

    and bodies, but excluding tires, batteries, and fuel.

    Automobiles changed the world during the 20thcentury, particularly in the United States and

    other industrialized nations. For many decades, the United States led the world in total

    automobile production. From the growth of suburbs to the development of elaborate road and

    highway systems, these horseless carriages have forever altered the modern landscape. Themanufacture, sale, and servicing of automobiles have become key elements of industrial

    economies. But along with greater mobility and job creation, the auto mobile has brought

    noise and air pollution and accident rank among the leading causes of death and injury

    throughout the world. For better or worse, the 1900s can be cal led the Age of the

    Automobile and cars will no doubt continues to shape our culture and economy well

    into the 21st century. Automobiles are classified on the basis of purpose, capacity,

    fuel source, type of transmission, side of drive and number of wheels. The

    typical automobile, also called a car, auto, motorcar, and passenger car, has

    four wheels and can carry up to six people, including a driver. Larger vehicles designed to

    carry more passengers are called vans, minivans, omnibuses, or buses. Those

    used to carry cargo are called pickups or trucks, depending on their size and design.

    Minivans are van-style vehicles built on a passenger car frame that can usually carry up to

    eight passengers. Sport-utility vehicles, also known as SUVs, are more rugged than

    passenger cars and are designed for driving in mud or snow.

    Complaints about auto pollution, traffic congestion, and auto safety led to the passage of

    government regulations beginning in the 1970s, forcing auto manufacturers to improve fuel

    efficiency and safety. Auto companies are now experimenting with cars powered by such

    alternative energy sources as natural gas, electricity, hydrogen fuel cells, and solar power.

    http://en.wikipedia.org/wiki/Brass_Era_carhttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Brass_Era_car
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    BOSCH

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    Figure 1.1

    1.1 CORPORATE STRATEGY

    The aim is to be among the world market leaders and to be a major player in all of the

    company business sectors. The strategy to achieve this goal is by strong marketing of new

    products and ongoing investment in Research and Development to innovate continuously.

    The emphasis on innovation is underlined by huge number of associates, working in

    Research and Development departments, 21250 worldwide. Efficient sales and customer

    service also play a key role in Boschs corporate strategy.

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    BOSCH

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    1.2 INNOVATION

    Bosch shall focus their innovative strength on technology that is INVENTED FOR LIFE.

    Bosch has invested heavily in R&D much above the industry average. This has resulted in

    Bosch pioneering many technological advances. Electronic stability control

    High pressure diesel injection.

    Anti-lock Braking systems

    1.3 BUSINESS DIVISIONS AND VOLUME

    Automotive Technology- This division designs and manufactures automotive technology

    making driving safer and economical. It is the worlds biggest independent automotive

    supplier. It manufactures automotive technology such as diesel systems, gasoline systems,

    chassis brakes, automotive accessories, blaupunkt car multimedia, starters and generators,

    energy and body systems, electrical drives.

    Industrial Technology- This division manufactures packaging machines and special purposes

    machines that cater to the need of local confectionary and pharmaceutical industries.

    Consumer Goods and Building Technology- Under it manufactures power tools and security

    systems for industries like construction, woodworking and metalworking industry; cordless

    tools and accessories.

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    BOSCH

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    1.4 MILESTONES

    19th century

    1886 - Opening of Workshop for Precision Mechanics and Electrical Engineering in

    Stuttgart on 15 November

    1887 - First low-voltagemagneto from Bosch for stationarypetrol engines

    1897 - First low-voltage magneto ignition for motor vehicleinternal combustion

    engines

    20th century

    1925 in the Netherlands

    1901 - First plant in Stuttgart

    1902 - First commercially viable high-voltagespark plug

    1906 - Production of 100,000th magneto ignition

    1906 - Introduction of eight-hour working day

    1910 - Opening of plant in Stuttgart-Feuerbach

    1913 - Start of production ofheadlights

    1918 - American assets seized; later become American Bosch Magneto

    1926 - Start of production ofwindscreen wipers

    1927 - Firstdieselfuel injectionpump

    1929 - FirstTV Set fromFernseh AG division

    1932 - Formation ofJunkers & Co.

    1932 - First powerdrill from Bosch

    1932 - FirstBlaupunkt car audio

    1936 - Firstdiesel fuel injection pump for passenger cars, such as theMercedes-Benz

    260D

    1942 - Death of the company founderRobert Bosch on 12 April

    1962 -Worcester Bosch Group opens in England

    1964 - Robert Bosch Foundation

    1970 - Company headquarters moves toGerlingen

    http://en.wikipedia.org/wiki/Stuttgarthttp://en.wikipedia.org/wiki/Ignition_magnetohttp://en.wikipedia.org/wiki/Petrol_enginehttp://en.wikipedia.org/wiki/Motor_vehiclehttp://en.wikipedia.org/wiki/Internal_combustion_enginehttp://en.wikipedia.org/wiki/Spark_plughttp://en.wikipedia.org/wiki/Headlighthttp://en.wikipedia.org/wiki/Windscreen_wiperhttp://en.wikipedia.org/wiki/Diesel_fuelhttp://en.wikipedia.org/wiki/TVhttp://en.wikipedia.org/wiki/Fernsehhttp://en.wikipedia.org/wiki/Junkers_%28Aircraft%29http://en.wikipedia.org/wiki/Drillhttp://en.wikipedia.org/wiki/Blaupunkthttp://en.wikipedia.org/wiki/Diesel_fuelhttp://en.wikipedia.org/wiki/Mercedes-Benzhttp://en.wikipedia.org/wiki/Robert_Boschhttp://en.wikipedia.org/wiki/Worcester_Bosch_Grouphttp://en.wikipedia.org/wiki/Gerlingenhttp://en.wikipedia.org/wiki/Gerlingenhttp://en.wikipedia.org/wiki/Worcester_Bosch_Grouphttp://en.wikipedia.org/wiki/Robert_Boschhttp://en.wikipedia.org/wiki/Mercedes-Benzhttp://en.wikipedia.org/wiki/Diesel_fuelhttp://en.wikipedia.org/wiki/Blaupunkthttp://en.wikipedia.org/wiki/Drillhttp://en.wikipedia.org/wiki/Junkers_%28Aircraft%29http://en.wikipedia.org/wiki/Fernsehhttp://en.wikipedia.org/wiki/TVhttp://en.wikipedia.org/wiki/Diesel_fuelhttp://en.wikipedia.org/wiki/Diesel_fuelhttp://en.wikipedia.org/wiki/Windscreen_wiperhttp://en.wikipedia.org/wiki/Headlighthttp://en.wikipedia.org/wiki/Spark_plughttp://en.wikipedia.org/wiki/Internal_combustion_enginehttp://en.wikipedia.org/wiki/Motor_vehiclehttp://en.wikipedia.org/wiki/Motor_vehiclehttp://en.wikipedia.org/wiki/Petrol_enginehttp://en.wikipedia.org/wiki/Ignition_magnetohttp://en.wikipedia.org/wiki/Stuttgart
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    BOSCH

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    1976 - Firstoxygen sensors

    1982 - Company acquires photographic equipment division fromBraun AG

    1986 -Traction control system (TCS) on the market

    1995 - Acquisition of Atco-Qualcast Ltd[5]

    1995 - FirstElectronic Stability Control - Electronic Stability Program (ESP)

    1997 -Common rail diesel fuel injection patent bought from Fiat.[6][7]

    21st century

    2000 - DI-Motronicgasoline direct injection system

    2000 - Acquisition ofRexroth

    2002 - Brand Relaunched with new logo

    2003 - Acquisition of Buderus AG

    2003 - Digital car radio with MP3 drive and digital recorder (Blaupunkt)

    2003 - The formation of the Robert Bosch Tool Corporation and acquisition of S-B

    Power Tool Corporation and Vermont American Corporation including the brand

    names for Bosch Power Tools, Skil Power Tools, Dremel, Vermont-American,

    Primark brands, and Gilmours

    2004 - Third-generation common rail diesel injection for cars, with piezo injectors

    2004 - Bosch opens new Technology Center inAbstatt

    2006 - Bosch acquiresTelex Communications,a maker of hearing aids, headsets and

    audio equipment, and partners withDaewoo to build Bosch refrigerators in Mexico

    2007 - The Bosch Communications Systems business unit is created to manage the

    brands and products of former Telex Communications

    2007 - Bosch acquires Health Hero Network

    2008 - Tata Nano, the $2,500 People's Car powered by Bosch-designed engine is

    unveiled at Auto Expo in New Delhi. Bosch plans to acquire majority stake inErsolphotovoltaics. Bosch acquires CST/berger, maker of professional measuring

    equipment.

    2009 - Bosch acquires LR Nelson, a maker of lawn and garden products, including

    ponds, and merges the Gilmour and Nelson brands into Bosch - Garden and

    Watering.[9]

    http://en.wikipedia.org/wiki/Oxygen_sensorhttp://en.wikipedia.org/wiki/Braun_%28company%29http://en.wikipedia.org/wiki/Traction_control_systemhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbH#cite_note-5http://en.wikipedia.org/wiki/Electronic_Stability_Controlhttp://en.wikipedia.org/wiki/Common_railhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbH#cite_note-6http://en.wikipedia.org/wiki/Gasoline_direct_injectionhttp://en.wikipedia.org/wiki/Bosch_Rexrothhttp://en.wikipedia.org/wiki/Blaupunkthttp://en.wikipedia.org/wiki/Dremelhttp://en.wikipedia.org/wiki/Heilbronnhttp://en.wikipedia.org/wiki/Telex_Communicationshttp://en.wikipedia.org/wiki/Daewoohttp://en.wikipedia.org/wiki/Tata_Nanohttp://en.wikipedia.org/wiki/Ersolhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbH#cite_note-9http://en.wikipedia.org/wiki/Robert_Bosch_GmbH#cite_note-9http://en.wikipedia.org/wiki/Ersolhttp://en.wikipedia.org/wiki/Ersolhttp://en.wikipedia.org/wiki/Tata_Nanohttp://en.wikipedia.org/wiki/Daewoohttp://en.wikipedia.org/wiki/Telex_Communicationshttp://en.wikipedia.org/wiki/Heilbronnhttp://en.wikipedia.org/wiki/Dremelhttp://en.wikipedia.org/wiki/Blaupunkthttp://en.wikipedia.org/wiki/Bosch_Rexrothhttp://en.wikipedia.org/wiki/Gasoline_direct_injectionhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbH#cite_note-6http://en.wikipedia.org/wiki/Robert_Bosch_GmbH#cite_note-6http://en.wikipedia.org/wiki/Common_railhttp://en.wikipedia.org/wiki/Electronic_Stability_Controlhttp://en.wikipedia.org/wiki/Robert_Bosch_GmbH#cite_note-5http://en.wikipedia.org/wiki/Traction_control_systemhttp://en.wikipedia.org/wiki/Braun_%28company%29http://en.wikipedia.org/wiki/Oxygen_sensor
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    BOSCH

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    2009 - Robert Bosch acquires Akustica

    2012 - Purchased SPX Service Solutions

    2012 - Shanti Auto Electricals, Budaun

    2013 - Bosch announced, it will exit its solar business

    1.5 MAJOR COMPETITORS

    CompanySales

    (Million)

    Current

    PriceChange%

    P/E

    Ratio

    Market

    Cap(Million)

    52-Week

    High/Low

    Bosch 88201.00 10900.00 2.80 35.00 332935.10 11500/8000

    MothersonSumi

    Sys

    43041.00 261.35 -0.42 46.12 231459.74 285/123

    Exide Inds 60713.70 131.25 6.71 21.46 104550.00 143/99

    Amara Raja

    Batteries29613.96 381.00 -0.90 18.93 65668.87 460/208

    Tube Investments 34074.30 230.80 4.86 43.73 41135.10 227/123

    Wabco India 9659.24 2126.00 -0.65 36.03 40590.63 2399/1410

    Amtek Auto 30193.80 179.35 -0.28 14.63 39319.48 191/59

    Amtek India 22980.97 76.50 2.68 8.91 20676.33 102/49

    Sundaram-Clayton 10185.60 770.00 2.60 28.30 15184.18 775/250

    Bosch Chassis 12474.00 595.95 0.00 79.08 12391.59 597/593

    Federal-Mogul

    Goetze11369.72 195.00 6.41 48.89 10194.59 216/166

    Suprajit

    Engineering4209.82 81.15 9.66 19.26 8881.48 77/32

    Fairfield Atlas 2293.36 241.00 0.00 14.93 6584.25 243/198Wheels India 19245.02 571.00 6.35 22.74 6460.13 750/351

    Banco Products (I) 4457.13 96.00 8.17 11.92 6347.28 94/33

    Auto.Axle 6425.34 440.00 5.78 48.88 6285.83 445/188

    Shanthi Gears 1465.30 74.30 10.16 29.97 5511.73 82/49

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    FiemInds 6022.15 449.10 1.56 15.19 5289.70 466/179

    Igarashi Motors 2907.80 184.00 10.05 12.36 5090.48 189/55

    Sona Koyo Steerg

    Sys11185.63 27.15 10.59 9.26 4879.11 26/9

    Gabriel India 12053.23 38.00 14.63 11.18 4761.80 38/16

    LG

    Balakrishnan&Bros9366.25 553.00 3.80 7.69 4181.08 597/152

    JMT Auto 3217.48 263.30 -4.96 56.52 3988.19 308/69

    Denso India 12186.00 142.70 0.00 18.94 3978.43 143/71

    Munjal Showa 15814.27 103.45 7.82 5.24 3837.52 98/52

    Phoenix Lamps 4372.61 130.10 4.67 3.77 3482.80 135/31

    Minda Industries 10562.92 200.00 2.04 14.62 3109.61 237/121

    Jamna Auto Inds. 8402.28 86.05 9.97 18.30 3092.18 90/50

    Pricol 8738.94 33.00 2.48 4.44 3042.90 37/15

    Munjal Auto Inds 7173.32 58.95 5.65 6.08 2790.00 64/26

    Lumax Industries 10702.06 296.60 0.14 35.09 2768.80 385/285

    ZF Steering Gear

    (I)3128.87 316.00 5.30 38.98 2722.90 325/204

    Setco Automotive 3593.15 105.40 9.39 13.20 2570.43 107/62

    Steel Strips Wheels 9699.33 162.60 6.41 8.08 2323.81 180/112

    Hindustan

    Composites934.52 460.00 4.55 12.33 2166.12 470/205

    India Nipon

    Electric2690.05 200.00 5.01 9.22 2154.13 219/145

    Rane Madras 6398.70 226.00 10.78 13.15 2144.17 250/105

    Exedy India 2157.44 342.50 0.00 0.00 2057.29 343/342

    Hi-Tech Gears 3733.78 112.35 19.97 10.89 1757.62 100/57

    Rico Auto Inds 10470.40 14.24 9.96 17.29 1751.94 15/4

    Sharda Motor Inds.

    Ltd.8983.33 0.00 0.00 7.62 1718.49 550/221

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    2. COMPANY PRORFILE

    The history of the automobile actually began about 4100 years ago when the first wheel was

    used for transportation in India. In the early 15th century Portuguese arrived in China and the

    interaction of the two cultures led to variety of new technologies including the creation of a

    wheel. By the 1600s small steam powered engine models had been developed but it was

    another century before a full sized engine powered vehicle was created. In 1807, Franois

    Isaac de Rivaz designed the first car powered by aninternal combustion engine running on

    fuel gas (hydrogen and oxygen), which -- although not in itself successful -- led to the

    introduction of the ubiquitous modern gasoline- or petrol-fueled internal combustion engine

    in 1885.

    The year 1886 is regarded the year of birth of the modern automobile - with the Benz Patent-

    Motorwagen,by German inventorKarl Benz.Cars that are powered byelectric powerbriefly

    appeared at the turn of the 20th century but largely disappeared from use until the turn of the

    21st century. The early history of the automobile can be divided into a number of eras, based

    on the prevalent means of propulsion. Later periods were defined by trends in exterior

    styling, size, and utility preferences

    Figure 2.1

    http://en.wikipedia.org/wiki/Fran%C3%A7ois_Isaac_de_Rivazhttp://en.wikipedia.org/wiki/Fran%C3%A7ois_Isaac_de_Rivazhttp://en.wikipedia.org/wiki/Internal_combustion_enginehttp://en.wikipedia.org/wiki/Natural_gashttp://en.wikipedia.org/wiki/Benz_Patent-Motorwagenhttp://en.wikipedia.org/wiki/Benz_Patent-Motorwagenhttp://en.wikipedia.org/wiki/Karl_Benzhttp://en.wikipedia.org/wiki/Electric_powerhttp://en.wikipedia.org/wiki/Electric_powerhttp://en.wikipedia.org/wiki/Karl_Benzhttp://en.wikipedia.org/wiki/Benz_Patent-Motorwagenhttp://en.wikipedia.org/wiki/Benz_Patent-Motorwagenhttp://en.wikipedia.org/wiki/Natural_gashttp://en.wikipedia.org/wiki/Internal_combustion_enginehttp://en.wikipedia.org/wiki/Fran%C3%A7ois_Isaac_de_Rivazhttp://en.wikipedia.org/wiki/Fran%C3%A7ois_Isaac_de_Rivaz
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    2.1 OVERVIEW OF THE ORGANIZATION

    2.1.1 HISTORY

    The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as a "Workshop

    for Precision Mechanics and Electrical Engineering. He started the workshop with the belief

    that technology can be a game changer and create revolution. It is this vision that has guided

    the company all through its 128-year journey. A perfect example is the invention of the

    magneto ignition, which transformed the automotive ignition system altogether. It has taken

    Bosch across countries, helped break new grounds and enabled the creation of new markets.

    The distinctive corporate culture encourages freedom of thought and originality. Even today,

    invention drives excellence across all divisions of Bosch Limited. Bosch Ltd strive to bridge

    the gap between what exists and what the market needs, through the development and launch

    of new products. All innovations at Bosch are driven by the passion to make a difference to

    everyone's lives in small and big ways, and improve overall quality of life. It is this thinking

    that will continues to drive them into the future as well.

    The Bosch group is a leading global supplier of technology and services in the areas of

    automotive technology, industry technology, consumer goods, energy and building

    technology. In India, the group operates through 6 subsidiaries with a combines associate

    strength of around 26000, and a group turnover of around Rs.13200 crores in 2013.In India

    Bosch Limited is the flagship company of the Bosch group. Over and above a strong

    presence in the India automotive service sector, Bosch in India has a vast service network

    that spans across 1000 towns and cities with over 3000 service outlets. As the largest auto

    component supplier in the country, setting a bench mark in the sectors it operates in, the

    company has to its credit several laurels.

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    2.1.2 BOSCH IN INDIA

    Bosch has been present in India for more than 80 yearsfirst through a representative office

    in Calcutta since 1922, and from 1951 through its subsidiary Bosch Limited (then Motor

    Industries Company Limited) and Goa. These Plants are TS 16949 and ISO 14004 certified.

    Bosch has a nationwide network spread across 1000 towns and cities. It is headquartered in

    Bangalore with manufacturing facilities Bangalore, Naganathapura, Nashik, Jaipur and Goa.

    The industrial products are as diverse as diesel and gasoline fuel injection systems. The

    strength of over 11,700 associates. It manufactures and trades technology and consumer

    goods and building technology, with packaging machines, electric power tools and security

    systems. The Company touched a turnover of Rs.6630 Crores in the year 2010. The company

    has developed excellent R&D and a strong customer base. Its market leadership is testimony

    to the high quality and technology of its products. It also has a strong presence in the Indian

    automotive services sector. Service network of Bosch in India spans across 1,000 towns and

    cities with 5000 sales outlets and over 4,000 authorized representatives who ensure

    widespread availability of both products and services. The Bosch slogan 'Invented for Life' is

    part of its long tradition, through which it communicates the Group's core competencies and

    vision, that include technological leadership, modernity, dynamics, quality and customer

    orientation.

    The BOSCH Group is a leading global supplier of technology and services. In fiscal2012, its

    roughly 306,000 associates generated sales of 52.5 billion Euros. Since the beginning of

    2013, its operations have been divided into four business sectors: Automotive Technology,

    Industrial Technology, Consumer Goods, and Energy and Building Technology. The

    BOSCH Group comprises Robert BOSCH GmbH and its roughly 360 subsidiaries and

    regional companies in some 50 countries. If its sales and service partners are included, then

    BOSCH is represented in roughly 150 countries. This worldwide development,manufacturing, and sales network are the foundation for further growth. BOSCH spent some

    4.8 billion Euros for research and development in2012, and applied for nearly 4,800 patents

    worldwide. The BOSCH Groups productsand services are designed to fascinate, and to

    improve the quality of life by providing solutions which are both innovative and beneficial.

    In this way, the company offers technology worldwide that is Invented for life.

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    Figure 2.2

    2.2 NATURE OF BUSINESS CARRIED

    2.2.1 AUTOMOTIVE TECHNOLOGY

    Innovations from Bosch have had a decisive influence on automobile history. As the world's

    largest independent parts supplier to the automotive industry, Bosch has significantly

    contributed towards making driving ever safer, cleaner and more economical. This sector

    accounts for approximately 60% of sales.

    The company engineers develop and test product innovations for motor vehicle

    manufacturers in research centres around the world. Bosch products only go into serial

    productionfor new vehicles produced by many different manufacturers around the world

    once they have undergone extensive testing and met strict quality requirements set by

    them.Spare parts from Bosch are of high quality, reliability and innovative technology. Theyonly go into serial production once they meet their very stringent requirements.

    More than 15,000 Bosch Car Service garages, Bosch Diesel Service Centres, and Bosch

    Diesel Service garages around the world ensure greater safety and reliability on the road.

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    Everywhere, drivers benefit from the first class service, expert know how and ex-works

    quality of automotive spare parts from Bosch.

    2.2.2 INDUSTRIAL TECHNOLOGY AND BUILDING TECHNOLOGY

    The energy and building Technology of Bosch aims at lowering energy and operating costs

    and enhanced comfort. These investments often pay off within two to three years.Bosch

    Energy and Building Solutions GmbH supports customers in Germany and Italy in reaching

    their energy-use targets. The company's services include decentralized energy management,

    contracting, and modernization to make buildings more energy-efficient. According to

    Germany's Federal Statistical Office, approximately 2.2 million buildings in Germany are in

    need of modernization to improve their energy efficiency. Moreover, current legislation

    requires that companies take active measures to improve the energy efficiency of their

    facilities. In Germany, for instance, companies are now eligible for energy tax relief only if

    they introduce energy management systems.What is more, Germany's Energy Saving

    Ordinance calls for the introduction of energy passes that describe a building's energy

    efficiency. Bosch Energy and Building Solutions supports companies with energy advice, the

    management of heating and security systems, as well as services for decentralized energy

    management and HVAC.Up to 70 percent energy is saved with Bosch intelligent HVAC

    management technologies.

    The Bosch Group has ended its business activities in crystalline photo voltaic, and where

    renewable energy is concerned is now focusing on solar thermal energy, heat pumps, CHP

    solutions, cogeneration, innovative power storage technology, and solar inverters.

    2.2.3 CONSUMER GOODS

    Bosch produces everything that makes household chores so much easier: Household

    appliances from Bosch stand for quality, innovative technology and excellent design.

    Household appliances from Bosch have an accomplished design and include innovative,

    intelligent functions. For example, Bosch has appliances for cooking, freezing, dish-washing,

    laundry washing or drying.

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    Power tools from Bosch are among the most popular tools worldwide. With the right power

    tools, DIY is twice as enjoyable. With Bosch, you not only have more options, you also work

    much more precisely, flexibly, safely and far more productively.

    2.3 BOSCH VISION

    CREATING VALUESHARING VALUES

    The vision Creating value sharing values stands for the Bosch corporate goal. Bosch

    strives to create value with innovative, beneficial products. This ensures sustained success so

    that entrepreneurial freedom and financial independence can be retainedwhich in turn allow

    us to act according to our convictions and to take on social and environmental responsibility.

    As a leading technology and services company, Bosch takes advantage of global

    opportunities for a strong and meaningful development. BOSCH ambition is to enhance the

    quality of life with solutions that are both innovative and beneficial. BOSCH core

    competencies are in automotive and industrial technologies as well as in products and

    services for professional and private use.

    The company strives for sustained economic success and a leading market position.

    Entrepreneurial freedom and financial independence allow BOSCH actions to be guided by a

    long- term perspective. In the spirit of BOSCH founder, they particularly demonstrate social

    and environmental responsibilitywherever they do business.

    BOSCH customers choose for innovative strength and efficiency, for BOSCH reliability and

    quality of work. BOSCH organizational structures, processes, and leadership tools are clear

    and effective, and support the requirements of BOSCH various businesses. We act according

    to common principles. They are strongly determined to jointly achieve the goals they haveagreed upon.

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    2.4 VALUES

    The company feels a special bond in the values they live by- day for day. The diversity of

    BOSCH culture is a source of additional strength. The experience BOSCH task as

    challenging, they are dedicated to the work, and are proud to be part of BOSCH.

    Responsibility:

    The company accepts that their actions must accord with the interests of society. Above all

    else, they place our products and services in the interests of the safety of people, the

    economic use of resources, and environmental sustainability.

    Initiative and determination:Acting on their own initiative, with an entrepreneurial but accountable spirit, they

    demonstrate determination in pursuing Bosch goals.

    Openness and trust:

    Associates, business partners, and investors are informed in a timely and open fashion of

    important developments within our company. This is the best basis for a trustful relationship.

    Fairness:

    Mutual fairness is viewed as a condition for corporate success when dealing with one another

    and with their business partners.

    Reliability, credibility, and legality:

    Bosch ensures that only promise that they can deliver are made and they accept agreements

    as binding, and respect and observe the law in all our business transactions.

    Cultural diversity:

    Bosch has wide regional and cultural origins and regard diversity as an asset, as well as a

    precondition for their global success.

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    2.5 MISSION

    BeQIKBe Better, Be BoschProfit secures our growth

    Quality

    Innovation Customer Orientation

    BeQIK gives the bearing for all actions. The companysobjective is to continuously improve

    all internal processesso that growth and economic success can be secured in the long term.

    BeQIK

    Quality is most valued asset

    Innovation today ensures businesses tomorrow

    Customer orientation inspires customers and associates

    BeBetter

    Continuousimprovement

    Tobe better than our competitors

    BeBosch

    Offeroutstanding products and services worldwide

    keep up promises

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    3 ORGANIZATION HIERARCHY

    Staff

    The staffs at Bosch Ltd are considered as a pool of resources to be nurtured, developed,

    guarded and allocated.

    Levels at Bosch Ltd:

    Management and Superintending Staff (M&SS)

    SGM - Sr. General Manager

    GM - General Manager

    Gr. l - Deputy General Manager

    Gr. 2 - Senior Manager

    Gr. 3 - Manager

    Gr. 4 - Deputy Manager

    Gr. 5 - Assistant Manager

    Gr. 6 - Senior Engineer/Officer/Superintendent

    Gr. 7 - Engineer/Officer/Superintendent

    The design of the Organization structure is a critical task to the top management of an

    organization. It is the selection of the whole organization edifice. Organization structurerefers to the relatively more durable organizational arrangement and relationships. It

    prescribes the formal relationship, how an organisational members procedure exists. To

    guide the various activities performed by the members of all parts of the organization.

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    Table 3.1

    BanP/PM office

    Hegde SM

    BanP/PC

    Jens Deuster

    BanP/PT

    Deepanshu

    QMM-2

    Ramesh DN

    CLP

    M R Nagaraj

    HRL

    Aswath CM

    BVC

    Seenivasan K

    DBE

    Balachandran

    PUI

    M Dusane

    CFA

    Joshi MB

    ICO

    Srinidhi KJ

    OFE-PC

    Chintawar AR

    MFP

    Ramamurthy K

    TEF

    Sanjey Handey

    BPS

    Venkatesh NM

    MFD-MFE

    Dyananda L

    HSE

    Praveen Pai N

    MFF

    Nagaraj Banaji

    BidP

    Ramesh SN

    MFR-MFC

    Krishna Chaitanya

    QMM-1

    Venu BV

    DS/QMM

    Ramaprasad B

    QMM-3

    Sreenata C V

    QMM-4

    MS Anantharam

    QMM-8

    Rajatesh

    PJ-RPP

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    BanP/PM Office

    (1) Bosch PC

    Headed by Mr Hegde S M, PC (Commercial Plant). The Business Unit PC is responsible for

    all the Non-Tecnical aspect of Bosch Bangalore Plant.

    Even though it's not the Engineering Unit of the the Organization, nevertheless it forms an

    essential part for functioning of Bosch as it oversees all the commercial aspect such as

    financing, purchase of raw materials, logistics and shipping, Human Resource, Information

    Technology etc.

    BanP/CLP-Headed by Mr Ramesh D N, looks into all the logistical sevices of Bosch

    striving to provide highest quality of services effortlessly, to support the manufacturing in

    order to meet the ultimate customer demand.

    Major Activities of the CLP

    Customer order planning

    Logistics and Stores Management (External and Internal)

    Excise, Customs and EOU legal compliance, Re-export.

    Direct and indirect material planning and procurement.

    Production Planning

    BanP/HRL-Under the guidance of Mr Nagaraj M, HRL serves as the Human Resource

    branch of Bosch Bangalore. They are responsible for the Human Resource Management of

    Bosch. As its a challenge for any Manufacturing Organization to maintain a healthy

    relationship between Management and the Labour Union, The Human Resources branch tries

    to bridge the gap between them by looking into the Labour Welfare issues and ensure a

    smooth environment for all the employees.

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    Major Activities-

    Industrial Relations and Administration

    Wage Settlement matters

    Training and development

    Establishment matters like Increments, Promotions, Transfers, Separation.

    Medical and Canteen Facilities

    Security and Vigilance

    Plant Communication

    BanP/BVC-Stands for Bosch Vocational Centre, under the stewardship of Mr Aswath CM.It was conceived and set up as a full fledged training centre to develop a reservoir of skilled

    personnel required to produce quality products on sophisticated machines. The establishment

    of BVC preceded the enactment of the Apprentice act

    One of our major activities is to train trade apprentices. They undergo basic training common

    to all trades in the first year. Job-oriented training starts in the second year, at the end of

    which they acquire advanced skills. In job-oriented training, the demand for accuracy is

    on par with what is required in the Tool Room. The output has to pass the normal modes of

    inspection. At the end of the second year, they are ready to be posted to different shop for in-

    plant training.

    BanP/DBE- Headed by Mr Seenivasan K.

    We are what we repeatedly do. Excellence, then, is not an act but a habit.

    DBE Stands for Deployment Business Excellence.

    It is a business management model based on EFQM (European Foundation for Quality

    Management).

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    The EFQM Excellence Model is a non-prescriptive framework based on nine criteria. Five of

    these are 'enablers' and four are 'results'. The 'enabler' criteria cover what an organization

    does. The 'results' criteria cover what an organization achieves. 'results' are caused by

    'enablers' and feedback from 'results' help to improve 'enablers'.

    The model can be used in three ways:

    1.As a framework which organizations can use to help them develop their vision and goals

    for the future in a tangible, measurable way.

    2.As a framework which organizations can use to help them identify and understand the

    systemic nature of their business, the key linkages and cause and effect relationships.

    3.As a diagnostic tool for assessing the current health of the organization. Through this

    process an organization is better able to balance its priorities, allocate resources and generate

    realistic business plans. This diagnostic use, is also known as Assessment

    BanP/PUI- Mr Balachandran heads the PUI (Indirect Purchasing). For any Production

    Company, time is

    Strive to be best in class in Purchasing and be fair, open and accessible.

    Timely supply of Tools / Consumables to meet world class standards.

    BanP/CFA- Financial accounting and controlling are one of the important aspects of all

    sucessful business concerns. At BanP, CFA (Controlling Finance and Accounting) under Mr

    Madhav Dunsane, performs this pivotal function.

    Major Functions of CFA

    Vendor Payment

    Payroll

    Plant Accounting

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    Inventory management

    Fixed asset management

    BanP/ICO- Headed by Joshi MB, ICO(IT Coordination) is responsible for the

    implementation and management of information system and communications infrastructure

    to support business needs of RBIN in a cost effective and timely manner, ensuring adherence

    to Bosch/CI guidelines.

    ICO mission objectives include the following-

    Promoting the use of information system/communication infrastructure for the business

    advantage of RBIN

    Planning and implementation of appropriate IT strategies for the use of hardware, software,

    Local Area Network (LAN) and Wide Area Network (WAN)

    Ensuring internal customer satisfaction for IS/communications support.

    BanP/OFE-PC- Headed By Mr Srinidhi K, OFE (Office of Executive Management) are

    consultants and service providers for BanP executives and associates and network BanP

    internally and externally with regard to global issues.

    OFE provides well-founded analyses to support senior executives (executive management,

    division management) in strategy developement and assist in implementation.

    They create an optimum framework for successful content-related work within the BanP

    organization and ensure that all Stake holders are heard.

    (2) Bosch PT

    Plant Technology, Headed by Mr Jens Duester, is the most important branch of Bosch Ltd,

    which oversees manufacturing and production of Automotive parts. It oversees the

    production of important products like Fuel Injection pumps which are also exported to other

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    countries like Brazil, Australia, Germany etc which makes it a key operation area fort he

    Bosch globally and also production of Power tools which are increasingly becoming popular

    among the consumer sector.

    BanpP/BidP-

    BanP/MFR- Headed by Mr Ramesh Saligrama N, the MFR departement is responsible for

    the development of common rail pumps.

    BanP/MFF- Mr Kumar Ramu who is in charge oversees the manufacturing of the PF pumps

    which covers a wide spectrum of application ranging from agricultural pump sets, tractors

    and boats to auto rickshaw, trucks and diesel locomotives.

    BanP/TEF- Coordinates for technical functions of the Plant. Under Mr Ramamurthy K

    activities like Process/Method development, industrial engineering, product data

    management, facility management, transport and car management, safety and environment

    and Corporate social responsibility are taken care.

    BanP/MFP- Headed by Mr Chintawar A R, oversees the production of A-Pumps (Fuel

    injection pumps). Bosch-India ist he largest producer of A-Pumps in the Bosch group. This

    product originated in 1936 with a forecasted life of 50 years. At the age of 75, the A-Pumps

    is still serving the needs of our customer in India as well as other parts oft he globe.

    BanP/MFD- Headed by Mr Venkatesh N M, oversees the prodction of delivery vale. The

    delivery vale is a non-return valve between the high pressure fuel injection systems and the

    pump plunger. It serves to relieve the high pressure lines and the nozzle space by reducing

    pressure to a given static level. RBIN is a leading manufacturer of Delivery Valves for

    pumps and caters to the needs of Single cylinder PF, Multi cylinder PE in line pumps apart

    from being a core supplier of inland and export to after market customers. These pumps

    intern cater to a wide range of applications from genets to automotive to locomotives. We are

    constantly engaged in adapting to changes to meet stringent emission standards norms like

    TREM 3, 4, Euro 2. This requires Bosch to constantly tune the processes in need with

    Requirements.

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    BanP/BPS- Headed by Mr Sanjey Handey, Bosch Production System (BPS)

    In the present post globalization scenario, we are faced with intense competition on all the

    fronts. It has always been our endeavor to maintain highest levels of quality and exceed

    expectations of our customers through Cost Effective Global Solutions. In order to maintain

    & sustain an uncontested business position, it is imperative to integrate the following factors

    into our Business System:

    Customers / market

    Shareholders / investors

    Technologies / Processes &

    Associates & Business Partners

    Bosch Production Systems (BPS) is intended to address these concerns and support us in our

    journey towards Excellence. BPS would be one of the solutions for our current & future

    business environment..

    BanP/HSE- For any Manufacturing plant, providing a Safe and Healthy environment not

    only for its employees but also the society it is surrounded by is one of its major objectives.

    At Bosch India, The HSE (Health and Safety Environment) headed Mr Dayanand L, take

    such issues very seriously, making sure that despite their heavy duty work a safe

    environment is maintained.

    Major Activities of HSE-

    Issue of protective gear while working in production plants

    Emergency Management

    Environment Management

    Hazard Substance Management

    Occupational hazard Management

    Mock Drill Schedule

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    PJRPP

    RPP at DGS-EC/NE1

    RPP means rationalization of products and manufacturing processes. The goal is to get

    electrical control units with the same or better functionality for lower costs. Our products are

    engine control units of several generations (MED17,EDC17,MDG1,EDC6,ME9,).

    Ratio work at DGS-EC is divided in RPP prior to SOP (e.g. through new HW modules) and

    RPP after SOP (classicRPP).

    The classic series RPP is based on the business plan and results in additional cost

    improvements for the plan year (BPxx) and the first forecast year (BPxx+1) through reduced

    product costs (PHEK) without high change costs.RPP prior to SOP is introduced through

    new customer projects. This is usually done with new PCB layouts and in contrast to classic

    RPP without series changes.

    Tasks:

    Search for ideas, define measures and analyze the application to engine control

    RPP contact at DGS-EC: DGS-EC/PJ-RPP

    Interface between ECU development (electronic and mechanic), purchasing and ECU

    production plant regarding. RPP

    Contact for DGS-EC/CTG (if required also for SzP/CTG and AE/CTG)

    Tracking of the introduction of RPP measures in series projects

    Close cooperation with DGS-EC/EHM5 and AE/EDE regarding mechanical ratio

    ideas

    Coordination of RPP work world wide with RPP contact persons at RBEI and RBJP

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    (3) Bosch QMM

    Headed by Mr Venu B, is responsible for the quality management of the products

    manufactured in Bosch India. Quality is a way of life at Bosch. Quality assurance goes

    beyond the products and services. It is a part of Bosch. Continual improvement is a

    philosophy that is part of our 'Vision' and 'Mission'.

    The main objective is to provide the customers with the best in Boschs endeavour towards

    Customer Experience Management.

    QMM 1- D Krishna Chaitanya being incharge of this departement is the MIS Co-ordinator in

    QMM for INDS products and co-ordinating customer needs ar BanP.

    QMM 2- Headed by Deepanshu Dubey is responsible for the quality management of

    conventional products- A pump, PF conventional Pumps, Glow plugs etc.

    QMM 3- Under the leadership of Mr Ramprasad B, QMM 3 performs quality management

    of CP1X, HFR, PF-CRS and Elements and DV (Delivery Vale).

    QMM 8- M S Anantharam is incharge of Chemical and Metallurgical laboratories and BanP

    and also offers Corporate support to QMMs of other RBIN locations.

    3.1 PRODUCT/SERVICE PROFILE

    Product Range

    Automotive Technology

    Diesel Systems Common Rail System for passenger cars, commercial vehicles & off-highway vehicles

    Axial Distribution injection pumps

    Multi Cylinder Inline Injection Pumps (PE)

    Single-Cylinder Injection Pumps (PF)

    Elements

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    Delivery Valves (DV)

    Governors

    Injection Timers for PE pumps

    Fuel Filter & Water Separators

    Glow Equipment

    Electronic Control Unit

    Gasoline system

    Electronic Control Unit

    Fuel Injectors

    Engine Speed Sensors

    Knock Sensors

    Hot Film Air Mass Meter

    CVT Belts

    Connectors & other plastic parts

    Starters & Generators (Auto Electrical)

    Starter Motors

    Generators

    Spark Plugs

    Spark plugs for 2, 3 and 4 wheelers and industrial applications

    Long Life Plugs:Nickel Yttrium & Twin Electrode

    Test Equipment & Diagnostics

    Fuel Injection Pump Calibration Test Benches

    Nozzle Tester

    Auto Electrical Test Bench

    Diagnostic Tool: KTS series

    Engine Analyser: FSA series

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    Engine Analyser:BEA series

    Chassis System Check

    Battery Service Equipment

    Wide range of service tools for unit & vehicle repairs

    Software / Teach ware: ESI (tronic), MSI, K-CD

    B. Industrial Technology

    Industrial Equipment

    Special Purpose Metal Cutting / Grinding / Honing / Lapping/ Super Finishing machines.

    Semi / Fully Automatic Assembly Machines

    Semi / Fully Automatic Inspection & Measuring Equipment

    Cleaning Machines

    Electro-Chemical Machines

    Tools, Gauges & Fixtures

    Exhaust Gas Re-circulating Unit (EGR)

    Test Equipment

    Bosch Packaging Machines Vertical Form Fill & Seal Machines

    Dosing System Cup Filler, Auger Filler, Weighed & Pump

    Pharmaceutical Packaging Machines

    Confectionary Processing & Packaging Machines

    C. Consumer Goods & Building Technology

    Bosch Power Tools

    Construction Tools

    Wood Working Tools

    Metal Working Tools

    Do- It Yourself Tools

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    Lawn & Garden Tools

    High Pressure Water Jets

    Specialty Tools

    High Frequency Tools

    Automation Technology

    Accessories for all Tools

    Fischer Fixing System

    Bosch Security Systems

    Fire Detection

    Intrusion Detection System

    CCTV Surveillance

    Access Control

    Integrated Security Management & BIS

    Public Address & Emergency Sound System

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    4 STUDIES OF FUNCTIONAL DEPARTMENTS

    4.1 PRODUCTION DEPARTMENTFor Bosch, materials innovation, new process and production techniques and interpretation

    methodologies are highly relevant for the future. They pave the way for innovative and cost-

    effective future products. Customised functional and structural materials play a key role in

    this connection, such as in injection technology, wind power transmissions, composite

    materials for functional integration in sensors or materials for electric power storage and

    conversion

    Bosch has manufacturing plants located in Bangalore,Nasik, Jaipur,Naganathapura.

    Figure 4.1

    Layout design

    Bosch is product oriented.

    It is designed according to the product movement.

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    Merits of the layout

    No confusion.

    Each is assigned responsibility and authority.

    Highly decentralised in structure.

    Demerits

    Duplicating the same machine between A and B.

    Product based and customer requirement.

    Layout planning

    Planning engineers and TEF department (maintenance) engineers plan the layout to install

    the machine or equipment as per the guidelines.

    Production management BPS

    Due to customer requirement and capacity problems ,employees work in two or three shifts .

    Production targets are reviewed on weekly basis production output and it is monitored on

    hourly basis or shit basis.

    Inventory = Stock of Goods (Location and Transit Inventory)

    The inventory comprises of:

    Semi-finished and finished goods for products or components etc.

    Work in progress

    Raw materials

    Goods in transit to customers

    Goods in stores and warehouses

    The inventory is maintained from minimum 3 days to maximum 45 days to meet the

    requirements of manufacturing departments.

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    Indirect materials

    Materials that are not treated as part of the finished products are known as indirect materials

    Example: cutting tools, machines spares, oil and lubes, welfare items, canteen items etc.

    This department is sub divided into PUI 1, 2, 3, and 4 departments

    PUI 1 and 2Planning and purchase of indirect materials (PPI)

    PPI is responsible for planning inventory control, procurement, vendor development, price

    negotiation and stores management of indirect materials.

    PUI 3vendor establishment and pricing.

    PUI3 deals in vendor establishment and price finalisation of the products.

    PUI 4Inventory stores.

    PUI 4 deals in stores and tool crib management. Inventory is managed according to ABC

    analysis. The good preservation is done by dividing broadly into tool stores and common

    stores .Stores make an entry for every receipt and issue of goods.

    Items are classified asStock item/codified item which comprise of the following:

    Fast moving itemsA class

    Slow moving itemsB class

    Very slow moving itemsC class

    Planning for stocked items is based on consumption based planning,

    Non stocked items /non codified items.

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    4.3 FINANCE DEPARTMENT

    Finance is a field closely related to accounting that deals with the allocation of assets and

    liabilities over time under conditions of certainty and uncertainty. Finance also applies and

    uses the theories of economics at some level. Finance can also be defined as the science ofmoney management.

    Controlling Finance And Accounts Department(CFA)

    The CFA department looks after the controlling finance and accounting for

    Bangalore plant(BanP) & Nagnathpura plant(NhP) BOSCH Ltd., CFA comprises of seven

    departments whose functions are as follows:

    CFA 1

    Plant accounts consolidation BanP NhP.

    Data for MGB,MIS business plan.

    Cash and bank payments.

    Assets accounting & physical verification of assets- BanP & NhP.

    Audit coordination & statutory reporting.

    CFA 2

    Inward bills & controls BanP & NhP foreign.

    Audit schedules & coordination.

    Coordination for payment of Foreign Service bills.

    CFA 3

    Cost controlling for diesel system products (DS) in BanP & NhP.

    Cost estimation & guidance cost.

    Investment appraisal & monitoring.

    MIS and monitoring.

    Overheads accounting costing closure in SAP, monthly MGB

    NKIR Business plan.

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    Plant Technical (PT)reporting for DS products in BanP &NhP.

    DBE coordinator.

    CAC functions for PA-AT.

    CFA 4

    Inward bills control BanP & NhP- local.

    Controllingof statutory payments &returns

    Service tax andGTA issues, VAT related issues.

    CFA 5

    Payroll administration for BanP & NhP JaiP etc.

    Employee services through web, statutory payments & returns for payroll.

    BanP & NhP Pension fund trust activities.

    CFA 6

    Materialaccounting & inventory control

    Inventory data for MGB & Business plan.

    Monthly DS reporting, plant report, POCA charts etc.

    Coordination external agency relating to perpetual inventory verification of BanP & NhP.

    Financial Services offered by BOSCH

    Figure 4.2

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    Functions

    Protecting the funds and managing the assets

    Banking, reconciliation statements, working capital etc.

    Foreigntravel, financial management.

    Income, Expenditure, Profit &Loss Account, Balance Sheet etc.

    Insurance of assets and payment of taxes, claims, export subsidy etc.

    Conducting financial meetings, turn over, net result, shareholders meeting etc.

    4.4 MARKETING DEPARTMENT

    Marketing is the process of communicating the value of a product or service to customers, for

    the purpose of selling that product or service.

    Marketing can be looked at as an organizational function and a set of processes for creating,

    delivering and communicating value to customers, and customer relationship management

    that also benefits the organization. Marketing is the science of choosing target markets

    through market analysis and market segmentation, as well as understanding consumer

    behaviour and providing superior customer value. From a societal point of view, marketing is

    the link between a society's material requirements and its economic patterns of response.

    Marketing satisfies these needs and wants through exchange processes and building long

    term relationships.

    The Marketing Mix is that blend of tools that assists Bosch to satisfy the needs of the urban

    middle class niche market by understanding it through research into its characteristics.

    Bosch has four sales houses in four metros.

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    The managerial network of BOSCH is as follows:

    Table 4.3

    NATIONAL SALES MANAGER

    REGIONAL

    MANAGER

    NORTH

    REGIONAL

    MANAGER

    EAST

    REGIONAL

    MANAGER

    WEST

    REGIONAL

    MANAGER

    SOUTH

    AREA

    MANAGERS

    AREA

    MANAGERS

    AREA

    MANAGERS

    AREA

    MANAGERS

    TERRITORYEXECUTIVE

    (SPECIFIC

    AREA

    OBJECTIVES)

    TERRITORYEXECUTIVE

    (SPECIFIC

    AREA

    OBJECTIVES)

    TERRITORYEXECUTIVE

    (SPECIFIC

    AREA

    OBJECTIVES)

    TERRITORYEXECUTIVE

    (SPECIFIC

    AREA

    OBJECTIVES)

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    Sales and automotive Aftermarket has the following department

    Sales, Marketing and advertising(SMA)

    Customer Business development(CBD)

    Sales planning and Distribution(SPD)

    Sales Export(SXP)

    Corporate advertising and publicity(CAP)

    Sales services(SEE)

    Sales houses administration(SSA)

    Functions of Various department

    1) Sales, Marketing and advertising(SMA)

    Product management

    Advertising and sales promotion

    Packaging

    Marketing services, market research

    2)

    Sales planning and distribution(SPD)

    Warehouse activities

    Orders fulfilment and insuring collection

    Business with government departments

    Procurement of trade groups

    Product Promotional Measures

    Being pioneers in the Fuel Injection System which contributes to nearly 59% of overall

    Bosch earnings and still innovating it, Bosch never needed to pro mote this products as the

    world had utmost confidence of this particular product.

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    In the last few years, they have entered into Consumer appliances for example, the Bosch

    Washing Machine which they have been marketing with the help of print media and

    Electronic media.

    4.5 HUMAN RESOURCE DEPARTMENT

    Human Resources Development (HRD) as a theory is a framework for the expansion of

    Human Capital within an organization through the development of both the organization and

    the individual to achieve performance improvement

    Human Resource Development is the integrated use of training, organization, and career

    development efforts to improve individual, group and organizational effectiveness. HRD

    develops the key competencies that enable individuals in organizations to perform current

    and future jobs through planned learning activities. Groups within organizations use HRD to

    initiate and manage change. Also, HRD ensures a match between individual and

    organizational needs.

    Working Environment

    Being around for more than a century means that Bosch isa very agile organization and gives

    its associates a stable career, a place where minds are given the opportunity to think, reflect

    and create.

    To describe the work environment in just a handful of words they would be Quality,

    Innovation and Customer orientation. Each person makes his orher own contribution to

    follow these lodestones of the organization. Innovation is a part of their daily lives. There

    are contests for submitting the most innovative award, there are patents being filed regularly,

    knowledge management and knowledge sharing best practices all this contributes to the

    daily atmosphere at Bosch in India.

    Compensation and Benefits

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    What counts are the performance demonstrated, competences and potential which evaluate

    and develop together in performance review discussions.

    Higher-level specialists and managers are predominantly promoted from within, but lateral

    entries are also encouraged. Department expect and facilitate managers to acquire the

    necessary breadth of experience by internal moves and building up of cross functional

    expertise.

    Development Programs

    Development programs means continuous competence development for all associates. Which

    ensures career advancement for associates showing potential for tasks involving greater

    responsibilities. They also support job rotation to avoid functional silos and also support

    transfers within the Bosch group.

    They have various development programs like the Robert Bosch Kolleg/Carnegie Bosch

    Institute Platform for international exchange of experience and transfer of academic

    expertise for managers and executives.

    Department also has various instruments related to associate development like Leadership

    Development, Specialist Education and Development program, seminars and executive

    training for managers for their professional advancement e.g. seminars aligned to Robert

    Bosch competency model, etc.

    International Opportunities

    International experience acquired working for the Bosch group outside the respective home

    country is an important part of the development of our skilled professionals and management

    personnel as well as future managers. They also expect our national managers who are to

    assume senior management positions at foreign subsidiaries and affiliates to work for several

    years in a business unit of the Bosch Group in Germany. In the case of comparable

    qualifications, they give preference to associates with international experience while filling

    management positions.

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    The international exchange of associates within the Bosch Group applies worldwide and to

    all functional areas. The primary purpose is:

    To develop skilled professionals and management personnel with international

    experience

    To transfer and exchange knowledge

    To promote worldwide understanding and cooperation within the Bosch Group

    To fill positions at locations where qualified local associates are not yet available.

    Training and Development Measures at Bosch

    At the centre of all organizational activities is man. He is a part of a chain of command,

    sharing a responsibility and doing tasks that form part of a well-directed plan for achieving a

    common goal. In this, he can only be as effective as he is allowed to be by his relationships

    with men and machines, hence to be a contributing member of his group, man has to be in

    harmony with his working environment. As technologies reshape workshops and other work

    places and machines gain sophistication, the human factor has to keep pace with latest

    developments.

    The answer lies in training and development. The development of human resources

    cannot be left to individual initiative. It has to be built in to a planned program and

    implemented as a conscious and sustained effort. This has been the guiding philosophy in

    RBIN.

    In Bosch Ltd, the HR department is known as BanP/HRL(plant HR) and

    RBIN/HRL(corporate office)

    HR Management

    Planning

    Long term planning of staff needs

    Planning of staff needs for senior executives

    Staffing

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    Resourcing

    Position fill process

    Transfer and job rotation

    Leadership

    Communication management

    Employee satisfaction survey

    Collective bargaining

    Discipline handling

    Compliance management and audit

    Compensation and benefits

    Salary review process

    Facilities management and employee service

    Retrial management

    Development

    Performance appraisalRewards and recognition

    Succession planning

    T&D

    Leadership development

    Skill management

    HR functions

    HRL 1

    Shop floor grievance/conflict management

    Appointment of apprentice and trainees

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    EPF and ESI

    Security vigilance and intelligence admin

    Security service

    HRL 2

    Shop floor grievance/conflict management

    Re-training and rehabilitation of workmen

    Legal matter and adjudication

    Admin and reception

    Absenteeism and control policy

    HRL 3

    Personal admin

    Increments, promotion, transfer, separation, pension

    Grievance handling

    Time-off and payroll admin

    Rainbow performance assessment and skill matrix management

    HRL 4

    Welfare and amenities

    Employee satisfaction survey

    Transfer surveys

    ID badge Issue and control

    Personnel statistics

    Communication

    Department internal audit

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    HRL 5

    Indents

    Recruitment

    Appointment letter

    Docket preparation

    Confirmation

    Up gradation

    Commercial trainees

    Job fair and personnel marketing events

    Projects trainees training

    5. SWOT ANALYSIS

    STRENGTHS

    High customer satisfaction.

    Established brand image around the world over the centuries.

    Continuous improvement of products and quality.

    Importance given to employee development.

    Cost reduction strategy is good.

    Good infrastructure facility.

    Leadership through innovation.

    High employee morale.

    Effective decision making, information sharing and authority distribution.

    Less employee turnover.

    High quality and eco-friendly products.

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    6. SUMMARY OF FINDINGS

    QUALITY POLICY

    BOSCHstrives to exceed the expectations of customers by offering products and services

    of high quality standards.

    Quality encompasses as an asset throughout the life cycle of the product, and initiatives

    towards environmental protection and safety is also an advantage to the progress of the

    company

    Quality management team effectively deploys the method and provides cost effective

    solutions to meet the quality objectives.

    They involve various business partners in order to endeavour the improvements across the

    supply chain.

    QUALITY PRINCIPLES

    Main goal of BOSCH Ltd is to fully satisfy their customers expectations through the

    quality of their products and services.

    Quality and quality improvement is every associates responsibility and ultimate goal from

    the Board of Directors to their apprentices.

    Their directives, processes, systems and goals are based on requirements from international

    standards, consumers expectations, and knowledge and experience. Knowledge of and

    compliance with these directives and processes is the foundation of their quality.

    Quality means doing right in the beginning thus preventing failures in the end. Continues

    improvements for quality of processes lowers costs and improves productivity.

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    CORPORATE SOCIAL RESPONSIBILITY -CSR:

    Major CSR initiatives by Bosch India Ltd-

    Bosch India Foundation, a charitable trustuses 0.5% of profit after tax towards health care

    and education.

    At all its manufacturing facilities, Bosch have provided jobs to differently abled people in

    simple yet important role like packaging and rewarding them for their good work.

    The entirecanteen facility is installed with state of the art Bosch made Solar panels, which

    reduces its dependency on electricity their by saving money and maximum use of renewable

    energy.

    Little Sisters Old Aged Home, an orphanage has its food provided by Bosch daily.

    Industrial wastes which are generally termed as hazardous are recycled in their recycling

    plant and used again instead dumping them which can be quite harmful for the environment.

    KEY SUCCESS FACTORS

    The company attributes major part of it success to its founder, Robert Bosch. His thoughts

    and beliefs were unique. He once said, Idon't pay high wages because I am rich. I am rich

    because I pay high wages. I would rather lose money than trust." This was a declaration

    against ways of doing business that paved the way for success of Bosch.

    Independence and Financial strength

    Innovative strength

    Quality and reliability

    Global presence

    Strategic far sightedness

    Efficient process

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    7. CONCLUSION AND SUGGESTIONS

    The purpose of organization study was to do general study on the company & also to know

    about the ups and down of the company in various aspects. The need for study was to find

    out the overall performance of the company and the companies control over its capital and

    the profit out of its receipts. The analysis shows the areas where the company need to be

    improved & to have a better performance in forthcoming years & also have a good planning

    by taking all the strengths & weakness into consideration which was analyzed earlier.

    The organization study helped me to understand the various departments in the organization.

    I had a good experience and privileged in undertaking the project in Bosch. The company is a

    customer oriented, There main focus is to provide customer satisfaction, which is been

    achieved by the company as they strictly follow quality maintenance in their product and

    training programs to the employees.

    The company has achieved several milestones in the past; I really wish the organization to

    have a bright future and achieve milestones in the future as well and also achieve its mission,

    vision and objectives

    SUGGESTIONS

    Company can think of inducting young Blood in the organization.

    training program can be arranged for people who have more than 45years of age to

    improve their knowledge and skills.

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    8. BIBLIOGRAPHY

    Wikipedia Site:http://en.wikipedia.org/wiki/BOSH

    Bosh Site:http://www.bosch.com

    Bosh India Site:http://www.boschindia.com

    Essentials of Management-Koontz and ODonnell. E-McGraw Hill, New Delhi

    The Practice of Management-Peter.F.Drucker

    Manuals:

    Company brochure

    Company quality manual

    Company procedural manual

    http://en.wikipedia.org/wiki/BOSHhttp://en.wikipedia.org/wiki/BOSHhttp://en.wikipedia.org/wiki/BOSHhttp://www.bosch.com/http://www.bosch.com/http://www.bosch.com/http://www.boschindia.com/http://www.boschindia.com/http://www.boschindia.com/http://www.boschindia.com/http://www.bosch.com/http://en.wikipedia.org/wiki/BOSH