Академический Документы
Профессиональный Документы
Культура Документы
CONTENTS
2. Industry Profile
3. Company Profile
5. Product Profile
9. Research Methodology
12. Bibliography
13. Questionnaires
14.
15.
CHAPTER.1
INTRODUCTION
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Hindustan Machine Tools Ltd.
INTRODUCTION
This study is all about organization study as well as the solution of the problems
which is importance to every student and have chooses HMT. As the company for which can
make a study or Organization to put myself to a corporate exposure.
Marketing has evolved or a large scale and gained significance from the used 90`s
after which cherished professor Phillip introduced it is a scientific manner and revealed its
amazing implementation results. Marketing simply as stated by American marketing
association, “it is the process of planning and executing the conception, pricing, promotion,
and distribution of idea, goods, and service to create exchanges that satisfy individual &
organization objectives.” Ever since the concept of marketing has been adopted in India it has
been used in different contexts at the results have also been different than the ones in the
other countries. (Thus marketing in India has been a topic of attraction of many researchers
recently). Is current economic conditions of favorability the Indian economic is experience in
the peak of the activity and thus application of marketing is more than visible is each & every
product. Also, since marketing affects the visibility of the product, success of product directly
depends upon it. The scope of my study is “customer satisfaction”.
Marketing is the process of identifying the consumer wants and needs &making the
product to satisfy these, the term includes advertising, distribution & selling of a product of
service. It is also concerned with anticipating the customer’s future needs and wants, often
through market research. A marketing – forced, or customer-forced, organization first
determines what its potential customer`s desire, and then builds the products or services.
Marketing theory and practice is justified is the belief the customer use a production or
service because they have a need or because it provides a perceived benefit.
Two major factors of marketing are the recruitment of new customers (acquisition and
the retention and expansion of relationships with existing customer’s base management) once
a marketers has converted the prospective buyer, base management to building a relationship
Hurrying the links, enhancing the benefits that sold the buyer in the first placed and
improving the product/ service continuously to protect the business from competitive every
encroachment.
For a marketing plan to be successful, the mix of the four “Ps” must reflect the wants
and desire of the consumers in the target markets.
Understand the market trends and get a hawk eye view of the booming sector and find
the reason behind it.
To study of customer perception towards HMT.
To know various functional area of management.
The scope of this report is restricted to Bangalore unit of HMT. The scope of the
study comprises the various tools used to collect information and of effort has been made to
collect primary date through questionnaire. The whole study deals with customer satisfaction
of HMT tools products conducted at Hindustan Machines tools LTD.
Due to time constraint the survey study was limited to twenty respondents. The survey
was strictly oriented to the consumer with in Bangalore city limits.
In delivery with any real life problem it is often bound that data of hand are in
adequate and were becomes necessary to collect data that are appropriate, these are general
ways of collecting the appropriate data which differ considerably in context of money, cost
time and other resources.
PRIMARY DATA:
Primary data can be collected either through a survey or data is collected through
Questionnaires and face to face interaction with HR executives.
SECONDARY DATA:
The secondary data for the study was taken from the company’s annual report of
Balance sheet & profit & loss A/c, management textbooks and internet, Journals.
INTRODUCTION
TO
COMPANY
INTRODUCTION TO
COMPANY
Introduction:
H.M.T. is one of the leading public sector companies, in India, HMT I & II Bangalore
plant was inaugurated in 1953 by PANDIT JAWAHARLAL NEHRU; it has 16
manufacturing units spread over 10 states, 24 divisions and 29,000 employees in 10 different
states.
HMT (MTB) has an annual turnover of Rs. 4692 lakhs. It employs about 1,400
employees. HMT produces a wide range of products ranging from machine tools, watches,
agricultural, machinery, dairy machine and general Engineering products.
HMT entered into technical collaboration with Orlikon for manufacturing of the lathe
machine Fritz Warner of West Germany for manufacturing of milling machine. Herman’s
Kolb for manufacturing of Radial drilling machine. For manufacturing centre lathes and
cylindrical grinding machine. It has entered into collaboration with M/s. Ernault of France
and M/s. Effieinev Meccanica Olivetti of Italy respectively.
The machine tools division has a number manufacturing units located at various
centers, they are,
3. Pinjore HMT
Chapter-2
COMPANY PROFILE
COMPANY PROFILE
The idea of setting up a machine tool industry in the public sector is germinated only
after India gained its freedom in 1947 the government found itself with around Rs.4000
million surplus raw materials including a number of machine tools. The war disposals
utilization committee set up during 1948 to advice the establishment of a machine factory.
In 1949 the government of India decided to enter into a joint venture with these Swiss
firms M/S OBERLIKON Machine tool works. Butcherly and company Zurich. They were to
buy 10% of the equity in the proposed company.
Even after this decision was taken another 4years were passed. In Feb 1953, a new
sun arose in Deccan Horizon, as HINDUSTAN MACHINE TOOLS in Bangalore.
NMT has it presence in almost all states and major cities in the country. In 1956
pundit Jawaharlal Nehru inaugurated and described HMT as JEWEL OF THE NATION.
The first batch of H-22 produced entirely in HMT was released on May 1956. Starting
as a single product unit HMT has multiplied and diversified its activities. Today just about
every industry can claim to be served by HMT.
Today HMT machine tools expertise has been developed to such an extent that HMT
can design and develop any kind of machine, from simple lathes to multi station transfer
lines, from standalone CNC machine to flexible manufacturing system leading to factory
alone.
Today HMT is technology, multi Product Company with 17 productions unites and 23
product divisions spread over 10states. HMT is synonymous of excellence in precision
engineering. In India HMT is built on a strong foundation of technical knowhow acquired
from world leaders in machine tools such as OERLINK, GLIDMEISTER, LIEBHERR,
FRITZWERNER, PEGARD and SIEMENS.
HTM`S broad range of machine tools covers general purchase Machine, Special
Purpose Machine and CNC machine to meet the application needs of every engineering
industry. Pioneering the concept of CNC technology in India, HMT has destination of being
the very first company to successfully manufacture its own CNC system in association with
SIEMENS.
with international standard of quality and performances manufactured by HMT are in use all
over India and Abroad. HMT`S unit have ISO 9001 certification confirms to national
standards for quality. HMT is the backbone of Indian engineering industry supplying verities
of machine to suit the needs of various industries. HMT was the first to launch CNC
technology in the country. HMT was supplied sophisticated machines to various international
projects.
CHAPTER-1
INDUSTRY PROFILE
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Hindustan Machine Tools Ltd.
INDUSTRY PROFILE
An industry which has undergone has undergone a radical shift in its paradigm
thinking, the Indian machine tools industry is now recognized as a provider of cost-effective
high quality lean manufacturing solutions. The industry resiliently supports all its users to
enhance productivity as well as improve competitiveness, for the betterment of the final
customer.
Being an integral sector, growth of the machine tool industry has an immense bearing
on the entire economy, especially Indian`s manufacturing industry. And is even more crucial
for development of the country`s strategic segments such as deafens, railway, space and
automatic energy. World over too, Industrialization advance countries have created niches on
the back of a well developed and supportive machine tool sector. In India as well, indigenous
machine tools have the highest impact on capital output ratios. Machine tool consumption of
1000 corer truly supports the advancement of the country`s engineering sector, output of
which is estimated to be worth over Rs. 150000 corers.
CURRENT TRENDS
A slowdown in the Indian economy since med- 1999 had its fallout on prospects of
Indian machine tool industry is facing lack of adequate business opportunities that has
stemmed from sluggish demand in the home market of all user industries.
MANUFACTURING RANGE
The Indian machine tool industry manufacturers almost the complete range of metal
cutting and metal forming tools. Customized in nature, the products from the Indian basket
comprise conventional machine tools as well as computer Numerically Controlled (CNC)
Machines. There are other variants offered by Indian manufacturers too, including special
purpose machines, robotics, handling systems and TPM friendly machines and provides
further value additions lower and lower costs to meet specific requirement of user. Based on
the perception of the current trends and demands, CNC segment could be the driver of growth
for the machine tool industry in India.
EXPORT PERFORMANCE
Indian machine tools are currently exported to over 50 countries. Major one being
United State, Italy, Brazil, Germany and the Middle East. Lathes and automats, presses,
electro discharge machines and machining centers formed the bulk of export orders for Indian
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Hindustan Machine Tools Ltd.
manufacturers. These machines from the Indian basket are generally favored in overseas
markets primarily due to their cost competitive as compared to that available elsewhere.
The vision of the Indian machine tool industry is now step out and establishes a
relative presence in other potential markets. World over, market leaders have been those who
have looked to increase their presence beyond their national frontiers.
Each manufacturing unit has its own in house design wing specializing in the related
line of manufacture. Most of HMT R&D activities were put on formal and time foundation in
early 1947 when an NC lathe Machine was taken up for specializing in research at Hyderabad
called as central Metal Forming Institute.
The R&D center has developed more than 100 new types of machine tools. This
mainly includes 29 variants of turning centers. 19 variants of machine centers, 3 variants of
CNC system and a host of other CNC systems. Recently the R&D center in collaboration
with Baba Research Centre, Mumbai. It has developed 3 pair of servo manipulators for use in
nuclear environment for handling radioactive waves for maintenance of equipments of hot
cell. They also have scope for application in non nuclear sectors such as toxic chemical
industries, space research, and Defense sector.
The company today has facilities carrying out CAD. Testing and evaluation of
machine tools, well equipped prototype building center and electronic system laboratory for
developing hardware and software for machine tool control system and industrial automation.
The level of technology changes rapidly and manufacturing process is also updated. The
modernization and execution mainly concentrate on reducing cost of production and
flexibility in manufacturing.
QUALITY POLICY:
MANUFACTURING FACILITIES
AWARDS OF EXCELLENCE
HMT`S MILSTONES
MARKETING DEPARTMENT
Marketing Network
Marketing Division Regional & Zonal Offices
Northern Region
Eastern Region
KOLKATA
Jamshedpur
Western Region
PUNE
Ahmadabad
Bhopal
Jabalpur
Mumbai
Nagpur
Southern Region
Marketing Network
Wide marketing network manned by qualified & trained sales & service engineers
Service outlet at customer doorsteps in major industrial locations.
Customer training programs on Mechatronics in addition to regular machine-oriented
training for machine tools.
Manufacturing Units supplement customer support for tooled-up and high technology
machine tools.
Specialised components, jigs & fixtures to suit customers' specific/ special application needs.
Marketing Division:
Marketing Division
Regional & Zonal Offices
Wide marketing network manned by qualified & trained sales & service engineers
Service outlet at customer doorsteps in major industrial locations.
Customer training programs on Mechatronics in addition to regular machine-oriented
training for machine tools.
Manufacturing Units supplement customer support for tooled-up and high technology
machine tools.
Specialised components, jigs & fixtures to suit customers’ specific/ special
application needs.
CUSTOMER OF HMT
RALWAYS
DEFENCE
STEEL SECTORS
HAL
BHJEL
SHIP BUILDING INDUSTRIES
CEMENT INDUSTRIES
POWER PLANTS
GENERAL ENGINEERING INDUSTRIES
BAJAJ AUTO
ASHOKA LEYALAND
SHRIRAM GROUPS
TVS
TATA MOTORS
SHANTHI GEARS
PUNJAB TRACTORS
INTERNATIONAL TRACTORS LTD
TAFE MOTARS & TRACTORS LIMITED
COMPETITPORS OF HTMT
The revival package has infused new life into the ailing HMT, which once guided the
prospects of the manufacturing sector through its indigenous machine tools. For the long
term, HMT Machine Tools would be seeking joint venture partners. The immediate goal was
to regain its old glory through an initial sustained growth. The effort to increase the turnover
would be accelerated in the niche products with higher value. The company hoped to
rationalize the number of products and focus on only high tech and high valve to derive
higher margins.
Chapter-5
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Hindustan Machine Tools Ltd.
PRODUCT PROFILE
PRODUCT PROFILE
HMT PRODUCTS
MACHINE TOOLS
MACHINE TOOLS
Product Range:
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Hindustan Machine Tools Ltd.
1) TURNING MACHINES
2) GRINDING MACHINES
4) MACHINING CENTRES
5) OTHER GPMs
7) DIECASTING MACHINES
8) PRESSES
9) CNC SYSTEMS
11) BEARINGS
1) TURNING MACHINES
CNC Lathes
Heavy Duty Lathes
Sliding Head Automats
CNC Training Lathes
Centre Lathes
2) GRINDING MACHINES
Grinders – CNC
4) MACHINING CENTRES
5) OTHER GPMS
7) DIECASTING MACHINES
HMT offers 9 models of Die-Casting Machines with locking forces ranging from 80 to 1100
tones to cover a wide range of pressure Die-Casting of Aluminum, Zinc, Magnesium,
Copper, Lead & Tin components.
The salient features of these machines include digital setting of Die-closing / Opening and
Ejector Speed, Flying Piston type accumulator individually adjustable speeds and pressures,
large adjustable opening stroke and programme logic control.
HMT manufacturing six models of Plastic Injection Moulding Machine ranging from 80 to
630 tones locking force.
8) PRESSES
Mechanical Presses
Hydraulic Presses
Mechanical Presses Brakes & other presses
9) CNC SYSTEMS
CNC System:
CNC System with three linear and one rotary axis. Continuous path control. Special features
of CNC system like programming via polar co-ordinates, safe-zone programming, etc are
optional.
A wide range of PRECISION BALL SCREWS used in CNC Machine Tool, Roto Gravure
Printing machine and various engineering products for conversion of rotary motion into linear
11) BEARINGS:
Ball Bearings
Chapter-6
ORGANIZATION
STRUCTURE OF HMT
GM (MBX)
GM (F)
FINANCE
SALES DESIGN QUALITY &
ENGG. DEVELOPMEN INSPECTION
JGM(S) T JGM (QI) FINANCE
JGM (DD)
RJS Institute
HRM of Management Studies Page 40
ENGG.
SECURITY
SUBCONTRACT
TRAINING
COMP’R & MIS
CANTEEN
JGM(E)
JGM (HRM)
Hindustan Machine Tools Ltd.
General Manager
Manager
Deputy Manager
Foremen
Supervisor
Junior Superior
Worker
ORGANIZATION STRUCTURE
JGM
AGM
MANAGER
DM
D.ENGINEER
PURCHASE OFFICE
HELPERS
BOARD OF DIRECTORS
Today, HMT comprises six subsidiaries under the ambit of a Holding Company,
which also manages the Tractors Business directly. In India HMT is built on a strong
foundation of technical knowhow acquired from world leaders in machine tools such as
OERLIKON, GILDMEISTER, LIEBHERR, FRITZWERNER, PEGARD and SIEMENS.
HMT’S broad range of machine tools covers General Purpose Machines, Special Purpose
Machines CNC Machines to meet the application needs of every engineering industry.
HMT’S units have ISO 9001 certification confirms to national standards for quality.
HMT is the backbone of Indian engineering industry supplying varieties of machine to suit
the needs of various industries.
By acquiring state of art technology from time to time, HMT started manufacturing
watches, Tractors, Die casting, plastic mouldings and Food processing machinery. The new
addition to HMT is HMT INTERNATIONAL, which is providing services across the globe.
Chapter-7
Planning department
Planning department
Drawings were being observed and study there to choose the material type and to note the
sequence of operation.
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Hindustan Machine Tools Ltd.
Send the approved letter and details to the production department for the production of
components.
Procedure:
Methods Planning:
Planning of materials – under this the planning plan department plan about the relative
materials which were required to be used in the production department. It also checks the
availability of equipments.
Planning of tools- in this process the planning department take decision regarding the tools
which will be used on the process of production.
Planning of machineries- this is the process of planning where they plan about the machines
required for production purpose.
PRODUCTION DEPARMENT
The production department of HMT MBX is very vast. However this department
consists with the production of components, and that is all related to different machine tools,
so it consists with lot of functional heads under the department. Under this department the
divisions which are working are:
HTC Division
Tool Room
Rounds
Non Rounds
Fears
Spindles
Assembly
Foundry
Die Casting
PSB Division
Ball Screw Division
CRB Division
Inspection Maintenance
MANUFACTURING FACILITIES
Experienced design expertise and latest design facilities
Foundry with facilities to produce heavy, small and medium casting of both ferrous
and non-ferrous alloys with facilities like pattern shop, fettling shop and metallurgical
labs
Captive found of capacity 1500 MT per annum – size of grey cast iron casting up to
12 MT & S.G. iron up to 505 MT
Can handle machining of components and assemblies of tool room class precision
machine tools and chorological machines
All facilities required for plated through whole (PTH) PCB assembly like
preparation / insertion / assembly & components soldering
Products range
Turning Machines
Grinding Machines
Gear Manufacturing Machines
Other GPMs
Special Application Machines
Die Casting Machines
Presses
CNC Systems
Precision Ball Screws
HTC Division
HTC Division means high Technical Center. As most of the operations were done
through computer numerically controlled machines, so it is very well know as the high
technical center. There are 50 employees working under this Division. This division consists
of types of machines, i.e.
i. Vertical Machines
TOOL ROOM
Tool room is nothing but a store house of all kind of tools, which were used during
the milling, grinding, spinning, turning etc, at the time of production. The tools were
normally fitted to the machines so that it can be able to given a required shape and size to
product.
Spindle division involved with the production with production of different types of
spindles. In this division there are 19 works men and 4 staffs were heading this unit. There
are different kinds of machineries involved such as, turning, milling mills, keyway milling,
thread milling, drilling cylindrical grinding, internal grinding, spine grinding, center grinding,
CNC turning etc.
TYPES OF SPINDLES
Spindles Shafts
Pinion Shafts
Gear Shafts
Assembly division
Assembly section involves with the assembly of different parts and components so
that it can build a complete machine, in this section the machine tool parts were being
assembly together to give a complete shape to product or machine. In this division there were
almost 100 employees were working.
FOUNDRY
Foundry is the place where they put the row materials or scrap in to the furnace and
according the frames size they produce the components. These may be of big or small size.
These components are normally of heavy parts. The wage grade people were working in this
division in foundry the first procedure is to make the frame of a product by which they can
produce the required component. After the production of the component they can into
different sizes and then send it to the shop floor for further operation.
HMT`s Die casting machines carters to wide range of applications. From simple
components to high precision industrial components, these machines take care of most die
casting needs. HMT offers a range of pressure die casting al aluminum and size components.
Testing device to ensure high performance, increased productivity and reliability.
This division of HMT MBX produces the small components for robotic application as
well as for CNC machines. Terrier 150 employees working in three shifts in this division. As
it is involved in CNC or Robotic components, so the accuracy level is very high, due to
which may goes to 1 micron. So it`s a very sensitive gobs. For this HMT have kept machines
like that which can produce the required with a perfect accuracy.
HMT`s ball screw division id the first to indigenize production of precision ball
screws. This unit was started on 1989 with collaboration with Zees, Germany. Ball Screw is
used in machine tools to convert rotary motion to near motion and vice versa. Ball Screw is a
machine tool component for translating rotary motion to linear movement used for present
day CNC machine tools. Ball screw is high value added machine tool components with good
marketing and value addition is as high as 89% present capacity of machine tool HMT, ball
screw division is around 6% as per ball screw marketing requirement.
INSPECTION
Inspection is one of the important activities which are done at the time of production
of a particular component and at the final production of a machine. The inspection is done
after each and every process of a product, so that no error can arise in the period.
Micrometer
Venire
Bevel protractor
Micro mat
Pitch micrometer
Plug gauge
Maintenance department
Process of maintenance:
Manual operation
Job operation
Traverse in increments
Maintenance of CNC machine is done by considering the all the factors, such as the
general, voltage stabilizer, CNC systems, switches, electrical cabinet, drives, AC servo
motors, F/B devices etc. These all services were done on every quarterly, monthly or yearly.
The preventive maintenance may be of daily 200hrs, 500hrs, 1000hrs, 2000hrs, 4000hrs,
8000hrs; it is also done for electrical also. Safety precaution is on general & hose keeping,
operation and services & maintenance.
HUMAN
RESOURCES
TRAINING
Training needs area identified of the basis of organizational analysis, job analysis and
manpower analysis. Training programmed, training methods and course content are to be
planned on the basis of training needs.
The training programmers commonly used in HMT includes both on-the-job training
like apprentice training, job instruction, job rotation and in off the ob method it includes
lecture method, audio visual and programmed.
A. In House Training: -This type of training is given in unit level. Unit chief and human
resource department can assess the training.
PROMOTION
Promotion shall be made in accordance with a new system of channels of promotion
eight such channels have been introduction. These channels are structured on attendance,
performance, appraisal, induction levels. Career paths of the career experience requires at
each level to progress and the growth limits, each channels broadly these channels,
semiskilled skills acquired through Experience, skills acquired with qualification inputs,
technical and administration acumen required for the job.
Welfare department
HMT provides number of amenities to its employees in addition to meeting the
statutory obligations under various labor organizations.
TRANSPORT
Transport facilities are provided to employees for commuting between residence and
factory and vice versa. Company has fleet of around 65 buses besides vans and cars
CANTEEN
TOWNSHIP
A self contained township with modern facilities has been provided for the benefit of
employees. There are around 1676 houses of various types for allotment to employees and
allotment is based on seniority and grade eligibility.
MEDICAL
A 200 bed hospital with all modern facilities is established in the township to take
care of the medical needs of employees residing township and surrounding areas. In addition
the company has recognized leading hospitals of Bangalore for availing impatient treatment
for self and family.
UNIFORMS
Company provides uniform cloth to its employees once in two years. In addition a
pair of shoes and socks or chapels is given to male and female employees respectively.
EDUCATION
Company has established a school in the township for the benefit of employee’s
children residing in township and surrounding areas.
OTHERS
Safety training programs for executives supervisors and works to avoid accidents.
Six safety committees constituted to discuss safety related problem and to take
correctives measures for prevention of accidents.
Objectives:-
1. To know the performance base of the company to the employees, to ensure an
objective assessment of employees performance and potential on this performance
appraisal
3. To counsel the employees appropriately then to realize their full potential in line with
the complain objectives and goals.
Finance department
Finance department
Finance is the lifeblood of every organization becomes the basic foundation for all the
kinds of economic activities. Efficient of the organization is brightened only when there is
efficient management of its finance.
Objectives:
Profit Maximization
Wealth Maximization
Planning of founds
Acquisition of founds
Investment decision
Dividend decision
Planning of Funds:
Planning of funds is a careful estimate made by the manager about the total funds
required which includes both fixed and working capital requirements. This estimation is done
by a keen observation over physical activities of the factory. The working capital
requirements in HMT are more. In the year 2008-2009 the total budgeted amount is
Rs.124crores but sanctions are made as follows:
Acquisition of Funds:
The HMTMBX will acquire the fund from different sources like:
UCO [united commercial bank] which is consortium of 9 banks that provides secured
loan by hypothecation of assets like inventories, machineries etc.
Government of India: it will provide funds only for capital expenditure and VRS.
Debtors receivable
Loan from head office.
Sale of scrap:[this years profit from sale of scrap is Rs83,00,000]
Mode of Payment:
Employees working in machine section incentive will be paid more and those who are
working in non-machine section increments will be paid less. Bonus will also be paid
annually to salaries, which are within the bonus act and for others will planned
performance.
(Rupees Millions)
*2008- *2007- *2006- *2005- *2004-
OPERATING STATISTICS
2009 2008 2007 2006 2005
Sales 1609.8 1710.8 2272.9 2483.3 2038.6
Other Income * 142.5 126.7 1145.8 562.1 903.0
Acc./Dec. due to WIP,Stock -119.0 204.2 -64.5 -1.9 -10.0
Materials 1059.6 1406.4 1512.5 1746.1 1471.0
Employee Costs 636.7 647.2 610.6 581.3 593.0
Other Costs 469.5 404.8 835.1 586.8 623.6
Depreciation 34.0 29.9 32.1 39.3 41.6
Earnings before interest & Tax -566.5 -446.6 363.9 90.0 202.4
Net Fixed Assets 409.4 375.1 334.2 343.6 331.7
Working Capital 5163.3 5351.4 9181.5 9105.2 9557.2
Capital Employed 5572.7 5726.5 9515.7 9448.8 9888.9
Borrowings 5731.2 5209.8 8555.3 9274.2 9963.7
Working Capital Turnover Ratio
0.3 0.32 0.25 0.27 0.21
(including loans to subsidiaries)
Current Ratio 3.7 3.72 5.39 5.47 5.81
Number of Employees 2205 2296 2383 2429 2489
31-03-2009 31-03-2010
1 LOANS
2 FIXED ASSETS
737767430 627126917
578648288 539918407
Main accounts
A main account is the important section in finance department. This section veers all the
financial area. This section prepares profit & loss A/C, B/S of the company. All the other A/C
& B/S they also prepare the fund flow statement.
This section determines the cost of production in a particular machinery and control the
cost of machinery.
After receiving the work order the stores distributed the materials at different units for
production or assembling. Based on the materials, labor cost (financial charges) they will
estimate the cost of the machine and fix a certain percentage of profit margins.
Machine hour rate is calculated for indentifying the per hour ate of producing a
product
The production department issues assembly warranty for the inspection of product
PURCHASE DEPARTMENT
PURCHASE DEPARTMENT
To submit application for import clearance and obtain technical clearance and
importance license whenever applicable
If materials received id rejected due to minor deviation the rejected item is sent to the
quarantine stores for necessary action
Purchase committee
The reports of purchase committee will be recorded in relevant files duty scrutinized
Material management
HMT started with one product in 1953 now dealing with 26 products.
MRP
Marketing
Production programmer
Production programmer takes care of men, machine & other materials for performing. They
procure item from Bangalore to Germany and other countries.
Each material has BOM (bill of materials). It is categorized to indirect and direct materials.
Direct materials go directly to machines like bearing, spindles and phase nous in direct
materials with the aid direct to head on like cool oil, kerosene, treatment oil, industrials
hardening gases like oxygen & acetylene.
BOM for indigenous and imported item is there. All 26 products put in 108 variants & 330
special executions cycle period for indigenous in 3 months, for foreign items 4 month.
SALES
DEPARTMENT
SALES DEPARTMENT
Functions:
Do enquiry
SWOT ANALYSIS
SWOT ANALYSIS
A SWOT analysis is an integral part of a marketing plan can also be part of a business
plan. Knowing what a SWOT analysis is and how to perform one is very important.
A SWOT ANALYSIS stands for strengths, weakness, opportunities and threats & is a
simple & powerful way to analyze your company`s present marketing situation.
SWOT Analysis is a tool for auditing an organization and its environment. It is the first
stage of planning and helps marketers to focus on key issues. SWOT stands for Strengths,
weakness, opportunities, and threats. Strengths and weakness are internal factors
Opportunities threats are external factors. SWOT Analysis is a strategic planning tool used to
evaluate the strengths, weakness, opportunities, and external factors that are favorable to
achieving that objective. The technique is credited to Albert to Albert Humphrey, who led a
research project at Stanford University in the 1960s and 1970s using data from the fortune
500 companies.
Expertise At Partner Unable To Deal With Identified Market For Other Consultancies
Level In HRM Multidisciplinary Consultancy In Areas Looking To Invade
Consultancy Assignments Because Other HRM The Marketplace
Of Size Or Lack Of
Ability
Track Record
Successful
Assignments
Skilled manpower
It is facing a financial crisis and has the been incurring losses since 1993
Retail financing of tractors by commercial banks apart from land development bank
and cooperative banks.
The company has to face severe competition from both international as well as
domestic market
HMT is lagging behind in technology as compared to MNC players who have
recently entered into Indian markets
Increasing competition with entry of new manufactures making low cost products
Old technology 7 so many MBC companies are entering to the demand
DATA ANALYSIS
&
INTERPRETATION
FINDINGS
HTM Machine tools has a regular system for determining unserviceable or damaged
store, raw materials and finished good.
Materials are classified as `A`, `B` and `C` class items
The unit has maintained good relationship with the employer and employees
The unit has maintained up to date records and submitted to respective authorities
Inventory has been physically verified during the year by the management
The technology is not advanced. This is one of the reasons for low productivity
Most of the machines are obsolete. Thus production process is costly and time
consuming
Bin cards are used for maintenance of stores
Idle time is more, there is no proper time management in HMT
Overhead costs are high
Absenteeism and inefficiency are high in the company
The company has not been utilizing whole installed and licensed capacity of its
machine effectively, which has in turn resulted in production
CONCLUTION
As an inter I had enriching experience. I learnt many things by just being a part of
the team during discussions and meeting. The exposed me to the work style and outlook of
the organization. Observation helped me to great deal in knowing the organization its totality.
The company has experienced engineers who work on Hi-end computer that is
designed software to design highly precise and error free of tools and prototype components
Quality and delivery has enabled HMT-Machine Tools Ltd to attract leading
companies like Bajaj Auto, TVS, Ashok Leyland, Railway, Steel Sector, Power Plants,
Cement Industries, General Engineering Industry and other customer
The company has own website which provide up to date information regarding
launching of new products so that customer could get hand information, well on time.
SUGGESTIONS
The company should fix competitive prices for the products in order to compete in the
global market
The company should concentrate more to improve the quality of the product
The material cost is high in the company, thus the company should make efforts to
buy the materials at reasonable price
The company should update its technology so that it can beat the competitor’s higher
quality products and also price of the product
The company has to concentrate much on credit policy for speedy collection of
accounts receivable
The company should make improvement with regard to productivity policy
Range of product brings the success to the company as price & promotional activity
are put less attention to the Respondents, therefore the company should put more
attention to price & promotional activity
The better quality of the products is the advantages of the company over other
companies so; the company should reduce the price to achieve more advantages
The overall service of the company should be improve to compete with other
companies
BIBLIOGRAPHY
BOOKS
MARKETING MANAGEMENT
MARKETING MANAGEMENT
WEBSITES:
WWW.GOOGLE.COM
WWW.HMTINDIA.COM
WWW.HMTMACHINETOOLS.COM
COMPANY RECORDS
COMPANY OFFICIALS
QUESTIONNAIRE
QUESTIONNAIRE
Dear sir/madam.
RESPONDENT’S PROFILE:
NAME:
ADDRESS:
AGE:
EDUCATIONAL STATUS:
Instructions:-
c) Good ( )
d) Fair ( )
e) Poor ( )
9) What makes you feel HMT Company Ltd machine tools are the best?
a) Quality ( )
b) Quantity ( )
c) Price ( )
d) Look ( )
e) Performance ( )
10) How did you come to know about HMT machine tools?
a) Television ( )
b) Newspaper ( )
c) Periodicals ( )
d) Personal search ( )
11) Would you be prepared to recommend the HMT Company Ltd to others?
a) Excellent ( )
b) Very Good ( )
c) Good ( )
d) Fair ( )
e) Poor ( )
12) How likely are you to repurchase products and services from the HMT
Company Ltd?
a) Quality ( )
b) Quantity ( )
c) Price ( )
d) Look ( )
e) Performance ( )
13) In total, how long have you been a customer of HMT Company Ltd?
14) Why do you say that? What specifically are you satisfied with HMT Company
Ltd?
a) Quality ( )
b) Quantity ( )
c) Price ( )
d) Look ( )
e) Performance ( )
15) What do you feel about product information given by HMT Company Ltd?
a) Great information ( )
b) Just information ( )
c) Makes no difference ( )
a) Excellent ( )
b) Very Good ( )
c) Good ( )
d) Fair ( )
e) Poor ( )
17) Do you find any latest version of machine tools in HMT Company Ltd?
a) Yes ( )
b) No ( )
22) How do you rate the HMT Company Ltd on a scale of 4 for over all service?
a) 1 ( )
b) 2 ( )
c) 3 ( )
d) 4 ( )
e) 5 ( )
THANK YOU