in plant report

8/6/2019 In Plant Report

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Dr.Babasaheb Ambedkar Marathwada

University,Aurangabad

A REPORT ON IN-PLANT TRAINING AT

BCL SPRINGS

LIMITEDAURANGABAD

Submitted to

Jibran Quadri Institute Of ManagementJibran Quadri Institute Of Management

Science And ResearchScience And ResearchGut No.189 Ohar Villege ,Tq.Dist AugangabadGut No.189 Ohar Villege ,Tq.Dist Augangabad

In Partial Fulfillment of the Requirement for the Award of The

Degree of Master of Business Administration

2008-2009

Guided By

Prof. Quazi Zubair SirProf. Quazi Zubair Sir

Submitted By

Mr.Mohammed Abdul TaufeeqMr.Mohammed Abdul Taufeeq

M.B.A.-III (SEM)M.B.A.-III (SEM)



Roll no.-07Roll no.-07



JIBRAN QUADRI INSTITUTE OFMANAGEMENT SCIENCE AND

RESEARCH

OHAR TQ.DIST AURANGABAD

CERTIFICATE

This to certify that Mr. Mohammed Abdul TaufeeqStudent of MBA second year has successfully completed his

In-plant training at BCL SPRINGS Aurangabad. He has immenseability to do his work.

GUIDED BY DIRECTOR

(PROF.Quazi Zubair Sir) Dr.K.D. Phuke Sir



ACKNOWLEGEMENT ACKNOWLEGEMENT

It is our pleasure to place on record our sincere gratitude

towards our guide Mr. Virendra Sharma (HRD Dept.) BCL

SPRINGS Limited, who spent his precious time providing

continuous ideas and expert guidance to our Report work, it was hisdirection and encouragement at every movement and step that

motivated us to steer the research work confidently and

successfully.

We are also thankful to our Venerable Director Dr.Phuke Sir

& Prof. Zubair Sir, and whose encouragement, moral support and

provide the valuable guidance, which has been a source of

inspiration to us.

Lastly, but truly I would like to thanks to all the employees at their

respective levels in Bombay Company Ltd. For their kind support &

co-operation during the tenure of this project.

4



Index

COMPANY PROFILE

HISTORY OF THE COMPANY

BOARD OF DIRECTORES

VISION & FOCUS

INFRASTRUCTURE

PRODUCT GALLERY

VALUE CHAIN

BCL STRUCTURE

DEPARTMENTS:-

PURCHASE

PRODUCTION

MAINTAINACE

SPRING PRODUCTION

QUALITY ASSURANCE

STOREFINANCE

SALES & MARKETING

HUMAN RESOURCE

SWOT ANALYSIS

SPECIAL OBSERVATION OF BCL SPRINGS

CONCLUSION

SUGGESTIONS

BIBLOGRAPHY

Company Profile

5



Shri.N.Wadia

Founder of BCL Springs

Fair & ethical dealings, trust & integrity

The Bombay Company Ltd., one of the oldest companies in India, wasestablished in 1886. The Precision Spring division of the Bombay Co.Ltd. was set up in 1985 in technical collaboration with NHK Spring Co.

Ltd., Japan, to manufacture Cold Coiled Precision Springs. Itcommenced commercial production in 1987. In 1992, The BombayCompany Ltd. was merged into The Bombay Burmah TradingCorporation Ltd., India's second oldest publicly quoted companyestablished in the year 1863.The spring’s division of Bombay co. ltd. is now known as BCL Springs,a division of The Bombay Burmah Trading Corporation Ltd.

Over the years, BCL Springs has established itself as one of theleading manufacturers of Precision Springs in India with the support of satisfied customers.

BCL Springs expanded its installed capacity from 1000 Metric Tons to6000 Metric Tons and from one manufacturing facility to twomanufacturing facilities to cater to the growing demands of the market.

BCL Springs has a strong team of dedicated, competent and Qualityminded technocrats committed for total customer satisfaction.

History of BCL SPRINGS

6



• 1985 Technical collaboration with NHK Spring Co., Japan

• 1987 Commenced commercial production

• 1988 Developed progressive Pitch Valve Spring for Telco Application

• 1988 Developed and started supplies of Valve Springs to Indian Railways

•

1990 Expanded Capacity from 600 MT to 1000 MT.• 1992 Merged into The Bombay Burmah Trading Corporation Ltd.

• 1994 Developed and started supplies of Progressive pitch Valve Springs toMaruti Udyog Ltd.

• 1995 ISO: 9002 Certified by BVQI

• 1995 Commenced self certified supplies to Telco/Eicher /Mahindra /Hindustan Motors

• 1996 Nozzle Holder Springs developed for MICO Bosch

• 1997 Plunger & other critical springs developed for MICO, Bosch

• 1997 Commenced Exports to U.S.A.

• 1998 Capacity increased from 1000 MT to 1500 MT.

• 2001 Developed and started supplies of Valve springs out of High TensileWire, for Maruti Udyog Ltd. Application.

• 2002 Turnover increased from Rs. 100 Million during 1996 to Rs. 170Million.

• 2002 QS 9000 certified by BVQI• 2003 Set up of new plant for manufacture of 2 &3 wheeler suspension

springs.• 2004 Capacity increased to 6000 MT. • 2005 ISO / TS 16949 certification by BVQI

7



BOARD OF DIRECTORSBOARD OF DIRECTORS

"The Henchmen"

•Mr. N WADIA [CHAIRMAN]

•Mr. S.D JWELIKAR [PURCHASE DEPT.]

•Mr. RAGHU SWAMINATHAN [FINANCE DEPT.]

•Mr. VIRENDRA SHARMA [HUMAN RESOURCE DEPT.]

•Mr. P.K.HINGOLIKAR [PRODUCTION DEPT.]

•Mr. A.L.VAGHCHORE [MAINTANCE DEPT.]

•Mr. A.V.JADE [QUALITY CONTROL DEPT.]

•Mr. S.L.DESHMUKH [ISO DEPT.]

8



Vis ion :

• Increase sales to Rs 1500 Millions by 2007.• Achieve an export sale of Rs. 500 Million by 2007.• Be globally competitive in terms of Quality, Cost and

Delivery.• Enter into other Automotive Component areas from 2006.• Establish 100% Export Oriented Manufacturing plant for precision springs during 2005 – 06.

Focus :

• Review of total quality system and customer satisfaction byre-structuring and streamlining functional responsibilities.• Focus on motivation by participation of employees in

decision making at all levels.• Focus on strengthening “Engineering and Technical”services.

9



Along with Technology & Human Resources 'Infrastructure' alwaysplays an important role in the growth of any enterprise. Keeping this in

mind, in the years from its start, BCL has developed an industrystandard infrastructure for both of its plants - Chikhalthana & Waluj.

• Established in 1986 and commenced production in 1987. • All financial work is handled through this plant.

• All departments’ HODs are available at this plant.• It has manufacturing capacity to process 2000 Metric Tones of raw

material per year.• Land area of 8200 sq.mtr. • Built up area of 2640 sq.mtr. • Having own research & development center and Laboratory.• Well-structured organization with 185 people. • Having advanced machineries includes CNC coiling and grinding

machines as well as in-house built IDC/ODC/Heat treatment machines. • All other manufacturing facilities are adequately installed so as to

meet the growing market requirements. •

This plant produces variety of springs from 0.30 mm to 7.00 mm for various applications.

These various applications includes:• Engine valves• Fuel Injections• Clutches (Damper and Pressure)• Gearboxes• Breaking Systems• Other transmission systems for 2W as well as 4W segments.• Springs for Indian Railways.

• Springs for pneumatic compressors and actuators.

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• Established in 2003. • It has manufacturing capacity to process 4000 Metric

Tones of raw material per year.• Land area of 4100 sq.mtr. • Built up area of 1000 sq.mtr. • Well-structured organization with 75 people. • Having advanced machineries includes coiling and

grinding machines heat treatment machines. • This plant produces variety of springs from 2.60 mm to

13.00 mm for various applications.

These various applications include:

• Front Suspension for 2W & 3W.

• Rear Suspension for 2W & 3W.

• Valve actuators

• Tractors• Springs for Indian Railways.

11



SUSPENSION SPRINGS

CLUTCH SPRINGS

VALVE SPRING –ROUND & OVAL CROSS SECTION WIRES

FUEL INJECTION SPRINGS

SPRIAL SPRINGS

FLAT SPRINGS

WIRE SPRINGS

TORSION SPRINGS

TENSION SPRINGS

SUSPENSION SPRINGS

12



Also called as Cushion Springs, used in the front as well as rear suspensions of automobiles. These springs absorb shock andprovide smooth riding.

• Bajaj Auto Ltd. • Endurance Systems (Two Wheeler Shock Absorbers ) • Piaggio Vehicles Pvt. Ltd. (Three Wheeler Shock Absorber) • Armstrong Hydraulics (Shock Absorbers)

CLUTCH SPRINGS

13



Clutch Springs are used as thrust springs, clutch torsion springs,damper springs in clutch assemblies. The springs are subjectedto dynamic loading.

Clutch Makers Four Wheelers:

• VALEO

• LUK

• LIPE

• REPCO

•

CEEKAY-Diakin • Clutch Auto Ltd. • Ashok Leyland

Clutch Makers Two Wheelers:

• FCC Rico

• High Technology Transmission Systems

RICO Auto

VALVE SPRINGS

14



A precision compression spring used to open and close thevalve. The action of the spring keeps follower in contact with thecam. The spring is subjected to cyclic loading at elevatedtemperatures. Valve Springs thus need to have higher life andlower loss properties

Cars :

• Maruti Udyog - Zen, Wagon R,Swift, Esteem, Alto

• Suzuki Power train - DieselEngines New Model

• TATA Motors - Indigo, Indica,Marina

• Hindustan Motors - Isuzu

Multi-Utility Vehicles :

• Maruti - Omni, Gypsy

• Tata Motors - Safari, Sumo

H & MCV’s :

• TATA Motors - 709, 1610, 1612,1613, 2512

• Ashok Leyland Ltd. - Hino, LeylandEngine

LCV’s :

• TATA Motors - 407, ACE

• Eicher Motors

• Force Motors - Tempo Traveller

• Swaraj Mazda

Two Wheelers :

• Bajaj - Avenger, Pulsar, Discover, CT-100,Wave, Legend

• Hero Honda - Super Splendor, Glamour,Achiever, Splendor, Pleasure, CD100, CDDawn

• HMSI - Activa, Dio

• Suzuki Motorcycles Ltd. - New Model • LML - CRD 100

Three Wheelers :

• Bajaj - GC1000, RE-4S

• Piaggio - APE • Mahindra - Champion

• Force Motors - Minidor

Tractors :

• Mahindra’s • TAFE

• John Deere

• Force Motors

• Escorts

SPIRAL SPRINGS

15



A type of spring coiled in spiral form. These springs are used in such

applications where the object had to restore to its original position after

completing the operation. Like in Switchgears, Motorcycle kick-starters, etc.

WIRE SPRINGS

Cold formed wire product especially used as clips or clamps.

TENSION SPRINGS

16



A tension spring is usually a closed coil helical spring containing energy to

resist a pulling force.The pulling force causes the coils to separate at a given rate. Included in therate is the variable-initial tension. Initial tension is the load necessary toovercome the internal forces, which holds the coils tightly together.

The amount of initial tension can be varied and should be determined prior to spring production.

Tension spring ends come in five basic types:

• Machine Hooks

• Crossover / Full Hooks• Side Hooks• Exrended Hooks• Special Hook

Tolerances for extension springs vary with each design. Variances in wire

and design result in tolerances for the following areas: Free length, (usually

measured from inside hook to inside hook), outside diameter, end alignment

of hooks, initial tension loads, and rates.

FUAL INJECTION SPRINGS

17



A precision compression spring used to control the movement of plunger that opens the valve, allowing the pressurized fuel tosquirt out through a tiny nozzle.

CLIENTS OF FUAL INJECTION SPRINGS

• Motor Industries Co. Ltd. (Bosch Group)

• Shriram Fuel Injection Ind. Ltd.

TORSION SPRINGS

A torsion spring is usually a closed coil helical spring with endsformed to provide torque when load is exerted on the ends.Depending on the application, torsion springs can be designed towork in a clockwise or counter-clockwise rotation. This workingrotation will determine the direction of the wind.

End configurations of torsion springs are limitless. Theapplication will determine how exotic the ends or tails need to be.The fewer bends the less tooling and machine time involved thusreducing the cost.

Purchase Department

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This department is important department in thiscompany. The material manager and the two assistants reportingto him manage this department.

1) Organization of this department –

2) Purchase Requisition / Indent –

The purchase requisition is the need items are notavailable from the stores department for the new items and this isrecording point. Purchase requisition fully described the quantity andquality of the needed items takes action. Another time’s “bill of materials” is list of all items, which are, required to complete one

specific order serves as a requisitioning document.

3) The Supplies ( Selection) –

19

Material Material

Purchase Assistant PurchasePurchase



After the need of the item has been recognized anddescribed., the attempts should be made to select the best source of the supply. This is the negative process in the sense that the list of thepotential supplier is required to select few. For the repetitive orders thebuying records of the previous suppliers are referred and the suppliesis selected on the basis of the satisfactory performance in the part.

In the absence of any existing supplier the procedure for the selection of the supplier would be slightly different. It is the usualpractice of the buyer to maintain an up to date list of potential supplier.The information about the supplier is available from the directories,advertisement in the trade journals by the supplier. Out of the givensources a short list of the appropriate supplier should be selected.They may be asked for their quotation of price, delivery and other

terms and condition.

a) Catalogue Price –

The standard terms generally the catalogue and price list areprepared by supplier which are applicable to all type of buyers.

b) otiated Price Neg –

The price haggling better the supplier and buyer. It is techniqueand good buyer can use for the benefit of the organization.

c) Placing the Purchase Order –

After the selection of the supplier the order is placed with him.The standard purchase order specification the supplier name datespecification of the item quantity required the price and other relevantterms. The material manager signs it.

d) Follow Up the Order –

The materials at right time and right place are the importantingredients of effective purchasing. Simply the placing of order with thesuppliers does not ensure that the materials will be made availablewhere they are wanted. Fallow ups order is considered. It is not

20



necessary to change all type of purchase order. This procedure tries tosee that the purchase order is confirmed by the supplier and delivery topremised. e) Receiving Materials –

The store department receives the material supplied by thevendor. It is the duty of the purchase department to verify and to tallythe quality of materials. The receipt of the material is recorded on thegoods received report, which also specify the name of vendor and thepurchase order. It also records any discrepancy-damaged condition of the materials. A copy of the receiving report is send to the purchasedepartment.

f) Payment of the Invoice –

The goods are received in a satisfactory condition, the invoiceis checked to see that the goods where duty authorized to purchase,they are property ordered and priced. The quality and quantity order confirm to the order, correct calculation etc. this duty is accordingdepartment to make the payment in time.

g) Maintenance of the Records –

Maintenance of the record is important part of the purchase

department. This department recorded is the purchase order and past record in

book of account.

1. The lorry receipt register 2. Suppliers / party register.

PRODUCTION DEPARTMENTPRODUCTION DEPARTMENT

H.O.D. - Mr. P.K.Hingolikar.H.O.D. - Mr. P.K.Hingolikar.

Production Process

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PRODUCT

RAW MATERIAL

RAW MATERIAL INSPACTION

STORAGE IN MS RACKS

COILING

TEMPERING AT 300DEG C [B1]

GRINDING

SHOT PEENING [BY STEEL SHOTS

TEMPERING AT 250DEGC [B2]

SETTING

INSPECTION

PACKING & DISPATCH

FOLLOWING IS THE DISCRIPTION OF FLOW CHART:-

1. PRODUCT:-

TORSION SPRINGS

2. RAW MATERIAL:-

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SPRING STEEL WIRE

3. RAW MATERIAL INSPACTION:-

NON DESTRUCTIVE

4. STORAGE IN MS RACKS:-

IN COIL FORM

5. COILING:-

MECHANICAL WINDING PROCESS- NO EFFLUENT

6. TEMPERING AT 300DEG C [B1]:-

STRESS RELIEVING- NO EFFLUENT

7. GRINDING:-

WITH ALUMINIUM OXIDE WHEELS DUST IS COLLECTED IN CLOSED

CHEMBERS BY PROVIDING DUST COLLECTORS

8. SHOT PEENING [BY STEEL SHOTS]:-

SPRINGS ARE PEENED WITH STEEL SHOTS INSIDE A CLOSED CHEMBER DUST

IS COLLECTED IN CLOSED CHEMBERS BY PROVIDING DUST COLLECTORS

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9. TEMPERING AT 250DEGC [B2]:-

STRESS RELIVING- NO EFFLUENT

10. SETTING:-

DONE IN MECHANICAL PRESS

11. INSPECTION:-

MANUAL OPERATION

12. PACKING & DISPATCH:-

MANUAL OPERATION

24



MAINTENANCE DEPT.MAINTENANCE DEPT.

Head Of The Dept: - Mr. A.L.VAGHCHOUREHead Of The Dept: - Mr. A.L.VAGHCHOURE

Maintenance two supervisors and other workers managemaintenance department. The main function of this department ismaintenance of factory building plant and material handling and other equipment. Likes, beat, light, power, compressed air and other services.

This department to see the all machines are properly maintained

lubricated and serviced and used properly this department maintains arecord of lubrication done to machine and daily service.

This is arranging for all repair work for any machine. It makesproper estimates for cost and renewals and necessary. These reportsare made production engineer for any repair and replacement. Thereare regular records for all instruction and infection and required. Thisdepartment takes in detecting and removing any possible break downand troubles in machine inspection. Adequate supply is also maintains

for suitable material, stores, tools, and spares parts necessary for prompt execution of requires.

After all problems related to power supply from MSEB andWater supply from concerned authority. This department keeps fireprotection apparatus in good condition ready for immediately use.

25



OBJECTIVES OF MAINTENANCE DEPARTMENT

• Minimize breakdown time

• Utilization of optimum capacity

• To keep the life of the equipment

• To ensure the highest availability

• To modify the machine tools and other production

facility

• Economy in performing the maintenance activities

• Ensure safety

• Improve productivity

TYPES OF MAINTENANCE:

1) Preventive Maintenance:

It consist of routine actions in a planned manner

should prevent break down & to ensure operation efficiency

if this periodic inspection (weekly) is carried out. It is based

on principal

“PREVENTION IS BETTER THAN CURE”

26



Objectives

a) To minimize the possibility of unanticipated production

interruption.

b) To make plant equipment &machines always available

& ready for use.

c) To ensure safety of life of employee.

d) To reduce the work content of maintenance job.

2) Predictive / Scheduled Maintenance:

The aim of this is to minimize breakdown. This system provides

for inspection, overhaul, lubrication & servicing of certain machine,

cleaning of tanks & white washing if building is normally done in this

manner. This type of maintenance utilizes the ideal time of equipment

without much disturbance schedule.

27



Objectives

1) Reduce the down time during repairs

2) Breakdown is minimized

3) Machine run at higher-level efficiency

4) Predetermination of date of commencement of work

ensures to plan the work lode & distribution of

maintenance work.

3)Breakdown maintenance :

In this the request are made after the equipment fails

to perform its normal function.

Causes: -

1) Failure to replace worn out parts

2) Lack of lubrication

3) Neglected cooling system

4) In difference towards minor faults

5) External factors like wrong fuel

6) Indifference towards equipment mismanagement / handling

28



Disadvantages

1) Disruption of production plant.

2) Imbalances attention of all equipment’s.

3) Increase overtime, downtime, manpower & spares

4) Reduction of output.

5) Different to maintain quality of the product.

6) Increase in spoilage of materials.

7) Increase in changes of accidents.

8) It leads to faster plant deterioration.

This type to lower level efficiency & the loss of production time, it

is not recommended as in general practice.

QUALITY ASSURANCE DEPARTMENTQUALITY ASSURANCE DEPARTMENT

Head of the Dept. : - Mr.A.V.Jade & Mr.S.L.DeshmukhHead of the Dept. : - Mr.A.V.Jade & Mr.S.L.Deshmukh

ISO / ISO / TS 16949, QS 9000, ISO 9002

29



BCL Springs is ISO / TS 16949, QS 9000, ISO 9002 certified

organization. ISO TS 16949 is a world standard used in creating

quality assurance systems that conform to globally recognized

specifications.

QUALITY POLICY:

We at BCL strongly believe in market leadership through total

Customer satisfaction.

We will achieve this by manufacturing and supplying cost

effective quality products, at committed time and through

continual improvement by involvement and participation of our

employees.

In this department the final product and todeveloped customers confidence carries out in theplant. These include inspection and monitoring thequality of incoming material to carry out inspection

30



function in press shop. Machine shop treatmentand assembly shop for assuring processmonitoring final stage.

Quality control department as important rolein manufacturing process. The various functionsperformed by this department –

1] Inspection by performance testing and by visualchecking of each product.

2] Calibration of measuring instrument, gauge andtesting equipment.

3] Metallurgical testing.

4] Warranty investigation and analysis.

5] Life testing of product.

31



FINANCE DEPARTMENT FINANCE DEPARTMENT

H.O.D.:-MR.Raghu swaminathanH.O.D.:-MR.Raghu swaminathan

Profit is the main objective of any business. BCL Springs Pvt. Ltd. has

very active Finance Department. Finance Department is very important to

know the amount of profit earned or the amount of loss suffered during

specified period. The Capital Structure of this company near about Rs. 60-70

crore. And Capital budgeting also made on every year.

BOOKS MAINTAINED BY THE DEPARTMENT:

As per the accounting rules, GPL maintains all the records in proper accounts

books

BOOKS MAINTAINED ARE :

1. General ledger

2. Cash & Bank book

3. Journal voucher

4. Purchase book

5. Sales book

6. Loan to staff ledger

7. Suppliers ledger

8. Personal ledger.

32



REGISTERS:

1. Purchase order register

2. Sales

3. Traveling expenses register

4. DD purchase register

5. T.D.S. summery register

6. Cheque issue register

7. Octori register

VOUCHERS :

1. Material purchase voucher

2. Capital purchase voucher

3. Expenses purchase voucher

4. Bank payment voucher

5. Cash payment voucher

6. Closing stock voucher

7. Traveling expenses statement

All these vouchers are entered in to various sub-ledger

In General Ledger, there are 3 types :sub-ledger, regular, outstanding ledger.

Mainly sales and sales debit note, sales credit note, purchase credit note,

33



cheque receipt voucher,and journal voucher all the types of entries are taken

as there is monthly closing company makes and prepare General ledger and

Main ledger.

All the entries are posted in accounts and ledger have been send to the

Mumbai Head office, which prepared Balance Sheet as it have it’s own

computerized accounting system.

Finance is an agent that directs the flow of economic

activity & facilitates its smooth operations. The role that finance dept. plays

today are concerned with the planning & effective utilization of the firm

resources, as the resources is scared utilizing it properly is most important.

Account dept is one of the major dept. of any company, as it deals with

all the incoming & outing flow of money. This dept takes takes care of all

money related deals .e. from making company’s yearly budge to give every

employee its salary. It also takes interest in provident fund income tax etc of

each employee. It has to deal with other banks & general manager of other

company’s for money inflow or outflow detail.

34



This dept. also looks after whether the company is making profit or not

& it has to consistently reports to other dept. about it so the company runs

smoothly.

OBJECTIVES OF FINANCE DEPT.:

To achieve an adequate growth of profiles over a period of

years with minimal year-by-year fluctuations.

To maintain adequate cash to meet commitment when due &

finance expansion were necessary, without relating too much

unprofitable spare cash at any one time.

The dept. in which the co. has made the investment should

earn an adequate return on the investment allocated to them.

FUNCTIONS:-

a) Maintaining cash & bank transaction

b) Payment of salary & wages

c) Arrangement of proper working capital

d) Making stationary payments

e) Maintains of all bank accounts and their reconciliation

f) Deposit of checks receive from customer

35



g) Proper utilization of resources

h) Wealth and profit maximization

i) Funds management & preparation of monthly forecast.

SALES & MARKETING DEPARTMENT SALES & MARKETING DEPARTMENT

H.O.D.:-MR.A.K.Parlikar

Sales and marketing department is last department. This isdirectly concerned with product supplies to the customer in time. Thesales manager including dispatch officer manages this department.

36



Supply in packed position that is stored in boned storeroom.No one is allowed to pick up and supply any single assembly withoutpermission of the department manager.

Procedure for orders –

1. customer place his schedule as below –

2. Marketing receives schedule and makes plan considering the

manufacturing capacity.

3. Once plan is finalized, marketing department forwards the plan to

planning department for material / production.

4. When planning completes production planning has to inform

marketing department for dispatch plan.

5. Marketing department makes dispatch plan and after invoicing the

material lefts the factory.

6. Fallow up with customer for payment and placing new orders. Also

marketing department has to take care and solve the customers

problems because customer is our god.

The company policy customers are divided into twocategories these are the fallow –

a) Original Equipment –

The company supplier its products are directly to the other automobile companies.Ex. Maruti, Telco, Eicher, etc.

b)Distributors –

37



This type of customers are called whole sellers, distributes /sells. The company product to the small shops / automobiles holders.

Organization of this department –

Sales Office

HUMAN RESOURCE DEPARTMENTHUMAN RESOURCE DEPARTMENT

Head of the dept: - V.Sharma sir

The basic aim of the management is to effectively use of human resource for

the benefit of organizational goals & objectives.” The Human Resource

Management

Is the process of recruitment, selection, development, utilization,

compensation & motivation of human resources by the organization”

Management is to “MANAGE - MEN – TACTFULLY”. Through there

are other major organizational function such as financial management,

production management, material & marketing management etc. it is

38

HeadOfficeMumbai

Aurangabad Chennai Pune Varanasi



undoubtedly the management of the human resources that provides all other

organizational function.

In short, human resources department is that part of the total

management of an organization, which specifically deals with human

resources in respect of:

- Their Development in terms of skills, knowledge & attitude

- Their Motivation towards the attainment of organizational objective by

creating and maintaining an organizational limit conducive to such

development.

FUNCTION OF HUMAN RESOURCES DEPARTMENT

There are three types of function

1) Managerial Functions

2) Operative Function

3) Advisory Functions

39



1) EMPLOYMENT

-To cultivate & maintain adequate source of labor supply

-To get information regarding job requirements & prevailing wage rates.

-To hire through the effective use of application blanks, tests, physical

examinations, interviews & checking references, records, supervisor’s

approvals.

-To maintain words of prospective employers, present employers & former

employees.

40

HRM FUNCTIONS

Managerial Functions

• Planning

• Organizing

• Directing

• Controlling

Operative Functions

• Employment

• Training & Devp.

• Promotion &

Transfer

• Compensation

• Motivation

• Industrialrelations

Advisory Functions

• Advice to top management

• Advice to departmental

head



To introduce the new employee to company policies & his supervisor him

up for on early adjustment.

2) TRAINING

-To aid in the formulation of policy governing training of new employees

. -To provide for training in safety & company policies.

-To co-operate in the preparation of a special annual report for employee

. 3) PROMOTION & TRANSFER

-To aid the establishment of lines of promotion & to follow up as for as

Possible in order to see that company policies are followed.

-To aid in the establishment of company policies regarding transfer for

the Convenience of the company & employee.

- To aid the formation of the company policies regarding

- Termination as well as respiration initiated by the employee.

- To remove as much as possible the cause for discharges.

4) Compensation

This function is concerned with the determination of adequate and

Equitable remuneration of the employees in the organization for

Their contribution to the organizational goals.

5) Motivation

41



The HR manager helps the various departmental managers to design

a system of financial and non financial reward to motivate the

employees.

6) WAGES & OTHER INCENTIVES

-To collaborate with others or be responsible for wage plan.

-To write job specification & evaluate all jobs.

-To participation in the formation of policies governing payment for

suggestions, pension plans profit-sharing programs mutual saving

program, insurance, loan to employees

42



SWOT Analysis

Strength

o Effective innovative skills.

o Aggressive marketing.

o Customer satisfaction is prime goal.

o Experience and skill full personnel.

Weakness

o Comparatively slow to develop technological innovation

than its close competitors.

Opportunities

o Diversify into related products.

o Great opportunity is available in global market.

Treats

o Low price competition

o Changing buyer needs.

o Grey imports

Counterfeit product supplies.



SPECIAL OBSERVATION POINTS IN BCL SPRINGS:-

• Color Code :-In Stores color code system is used for identification of

materials.

• All machines in shop are arranged in the sequence of operations to be

perfomed .

• Numbers of instructions are written on board beside the machine to

avoid accidents.

• In all the shops pallets are used for carrying the material with safety.

• BCL Springs group follows quality culture supported by strong and

sustained work improvement technique.

CONCLUSION



The consumer satisfaction is the prime goal of a BCL

SPRINGS LTD.it cannot be achieved without giving such kind

of induction and orientation at each level.

Thus, it was a learning experience from our side and will be

very thankful to all the conserved personnel for their support

and cooperation during our induction period.

Today world is full of competition, which has become more

prominent and distinct in this period of globalization and thus

each aspect of the company needs attention to survive, retain

and grow in the market.

Suggestion:-



1) BCL springs must play prominent role in financing which

may result in rising level of income and employment.

2) BCL springs should develop efficient managerial skill

particularly to identify the weaker section to reach the

benefits the social and economic objective.

3) The present official staff of BCL springs can given a

suitable management training that modern management

concept and management technologies vitalized in day

to day business of BCL springs for further improvement

Bibliography:-



• www.bclsprings.com

•

www.google.com

• Annual Report Of bcl springs.

• Human Resource Management -By Dr. Anjali Ghanekar (2 nd

Edition)

• Personnel Management – By Dr. Mamoris (4Th Edition)

• Financial Management – By Prof. Kulkarni (2 nd Edition)

• Industrial Management – By O.P. Khanna (3 rd Edition.)

http://www.bclsprings.com/

http://www.google.com/

http://www.bclsprings.com/

http://www.google.com/

in plant report

Documents