Ref. No.

Annexure-I
Rev. No. 0
SAKET METAL SWOT ANALYSIS
(INTERNAL ISSUES & EXTERNAL ISSUES) Date 01.06.2019
Page 1 of 1

STRENGTHS WEAKNESS

Experience of over 20++ years in mfg of sheet metal Constraints of labour

components, Doors, Hattrack Assly for Buses

In time developments of components asper customer Plant utilization not optimum

drg with existing resources
We have bigger capacity to produce more Doors Assly Low efficiencies
in Hubli & DWD

State of art manufacturing unit of 12000sq-f More Inhouse rejection

Capapcity to mfg bulk volume to meet customer Late evening dispatch

requirments
We have enogh RM of all sizes to meet urgent Frequently change of Middle management / Supervisor
requirements turnover more

OPPORTUNITY THREATS

Make in India opportunity for infrastructure Recession

Scope for mfg bigger size doos Losing order to competitors because of pricing

Inventory of critical spares for machines Loss of trust in case delivery commitment failures

Loss of trust in case Quality failures

Line stoppage of customer, may create an opportunity to

competitor

Credit limits, recovery of payment

 Ref. No. Annexure-I
Rev. No. 0
SAKET METAL SWOT ANALYSIS
(INTERNAL ISSUES & EXTERNAL ISSUES) Date 01.06.2019
Page 1 of 1

STRENGTHS WEAKNESS

Dependancy on Supplier for RM affecting deliveries

withdrawal of Benefits or rebates by Government

Finance getting blocked

Raw materials price fluctuation

Prepared by :- Approved By :
 Annexure-I
0
01.06.2019
1 of 1

nt / Supervisor

ricing

failures

opportunity to
 Annexure-I
0
01.06.2019
1 of 1

g deliveries

ernment
 SAKET METAL TECHNOCRAFT

Risk Criteria

Probability of Occurance Severity Risk category

1 - Low occurance - may happen once in 5 years 1 - Low severity= negligible effect 1 -5 = acceptable risk

3 - Medium severity = some impact in terms cost,

3- Medium occurance - 2 times in year 9- 15 = medium risk - mitigation ac
quality, time

5 - High Severity = high impact / causing

5- High - may repeat 5 times & above in year >15 = high risk - mitigation, conting
dissatisfaction/ high cost

Review date: 1-6-2019

Internal Issues & External Issues (SWOT) Risk

Weakness
Failure to meet delivery ,

Eventually loss of business

Constraints of labour
Low productivity,

Customer Dis-Satisfaction

Increase in overheads,
Plant utilization not optimum
Low productivity

Increase in overheads,

Low efficiencies Lose business / order lose

Growth reduced

Delay in supply/ Commitment failure

More Inhouse rejection Increase COPQ

More Inhouse rejection

Loss of trust

Late evening dispatch Customer line stopage

Threats
Low business will result in loss
Recession will not be able to meet overheads,

Losing order to competitors because of pricing Business Loss

Loss of trust in case delivery commitment failures Customer Dis-Satisfaction

Loss of trust in case Quality failures Customer Dis-Satisfaction

Line stoppage of customer, may create an Business Loss

opportunity to competitor

Credit limits, recovery of payment Money Block

Dependancy on Supplier for RM affecting deliveries Production Delay

withdrawal of Benefits or rebates by Government Profit loss

Finance getting blocked Delay in procurement of Raw materials

Strengths

Experience of over 20++ years in mfg of sheet metal opportunity

components, Doors, Hattrack Assly for Buses

In time developments of components asper customer opportunity

drg with existing resources
We have bigger capacity to produce more Doors Assly opportunity
in Hubli & DWD

State of art manufacturing unit of 12000sq-f opportunity

Capapcity to mfg bulk volume to meet customer opportunity

requirments
We do have enogh RM of all Sizes to meet urgent opportunity
requirements

Opportunity
Make in India opportunity for infrastructure opportunity

Scope for mfg bigger size doors opportunity

opportunity- Reduce the leed time for

Inventory of critical spares for machines procurements

Interested Parties Requirements Risk

Customers

Loss of trust, no repeat business, loss of

On-time delivery, Quality requirements, cost business

Prompt response Loss of trust, no repeat business

Competetive pricing Loss of business opportunity

Communication Customer dissatisfied

penalty
Confidentiality Loss of Trust

Employee
On time salary, Demotivation, low efficiencies

Job satisfaction, Job clarity Mistakes, communication gap

Welfare attrition

Job security Demotivation, low efficiencies

Motivation, Reconginition & job satisfaction Absenteeism, rejection, productivity

Work environment including Chance of accidents

ligting, safety, no stress

Shareholders/ Stake Holders/ Proprietor

withdrawal of investment & no further
Sustained growth Profit, dividend investment

withdrawal of investment & no further

Complaince to legal & statutory requirements investment

withdrawal of investment & no further

Brand name & Reputation investment

Suppliers
On-time payment Loss of Vendor

Advance for POs Lack of interest by Vendor

Business continuity Loss of Trust

Government Agency
Prompt response to notices/ communication Legal issues for the company

Complaince Legal issues for the company

 RISK & OPPORTUNITIES REGISTER

Risk category

1 -5 = acceptable risk

9- 15 = medium risk - mitigation actions

>15 = high risk - mitigation, contingency, monitoring

Existing controls Severity Occurance Risk level Risk Action

Motivation of labour
Hire from local form HR Consultant 5 5 25 H Contract Labours, Multi Skilling

NIL 5 3 15 M Mid management promotion, Motivatio

Motivation of labour
NIL 3 3 9 M ( incentive bases)

Yearly CSI Monitoring and Monthly

VQR review & Action plan dis- 5 1 5 L
satsfied

monitoring of plant utilization 5 3 15 M Multiskilling,

NIL 5 3 15 M Single flow concept utilization

monitoring of plant utilization 5 3 15 M Multiskilling,

5 3 15 M
System to be strengthened, Target base
job to be alloted, Action action implem
in case of failure
5 3 15 M

No Conrol 5 3 15 M

On job trining to operator , Provision of

No Conrol 5 3 15 M racks for Materials storage
 On job trining to operator , Provision of
racks for Materials storage

No Conrol 5 3 15 M

As per customer demand 5 1 5 L

business development plan for 5 1 5 L

current year

Quotating as per market price 5 1 5 L

Monthly VQR review 5 1 5 L

Monthly VQR review 5 1 5 L

Meet delivery As per customer 5 1 5 L

demand

Follow up 3 1 3 L

Inventory maintaining 5 1 5 L

Monitoring through comptenet 5 1 5 L

consultant

Afer receipt of goods at customer for

Finance managed through Bankers 5 3 15 M immediate payment by Discounting the
invoice value

Use our experience to reduce lead time

development,
standard tooling design
replace old tooling
 Action plan for business opportunities

Search for new customer for forming

products

Proper preservation

Existing controls Severity Occurance Risk level Risk Action

Inspection, Delivery performance 5 1 5 L

monitoring through VQR

Assign repsonsibility. Visit at 5 1 5 L

customer on call bases

costing sheet, review 5 1 5 L

email, mobile call 3 1 3 L

system in place 5 1 5 L

Keeping 1 month salary set aside 5 1 5 L

Reconginition, empowerment 5 3 15 M Mid management promotion, Motivatio

Motivation , empowerment, training,

ESI,PF, compensation policy, welfare 5 1 5 L appriasals

Low attrition & Low layoffs 5 1 5 L

some motivational practices are in- Motivation , empowerment, training,
5 3 15 M
place appriasals are inplace

5S is maintained,
safety officer monitoring through safety audit L
Work allocation as per cycle time

Special focus on dividend and

growth rate & minimum 10% profit 5 1 5 L
as dividend

Quarterly review of compliance 5 1 5 L

Branding and marketing to retain 5 1 5 L

leadership

Mutally acceptable terms & 5 1 5 L

Conditions in place

Mutally acceptable terms & 5 1 5 L

Conditions in place

Market presence and proactive plans 5 1 5 L

for business continuity

Periodic review every quarter to 5 1 5 L

check if all notices are responded.

Periodic review every quarter to 5 1 5 L

check if all compliance is in place
 Ref. No: SMT-QMS-F-01
Rev.No: 00
Rev. Date: 01.06.2019

low mdeium High

1 3 5

Responsibility Target Date Review Status

n of labour HR On going
Labours, Multi Skilling

agement promotion, Motivation, HR On going

n of labour Plant Head June.18

e bases)

ng, HR Jul.2018

w concept utilization Production I/c

June.18
ng, HR

be strengthened, Target base

alloted, Action action implement Plant Head June.18
failure

ning to operator , Provision of Production I/c & July.2018

Materials storage Plant Head
 Production I/c & July.2018
Plant Head

ipt of goods at customer for

e payment by Discounting the Proprietor Sept.2018
lue

xperience to reduce lead time of

ent,
tooling design
d tooling
an for business opportunities Proprietor

r new customer for forming Proprietor

eservation MNT I/c

Responsibility Target Date Review Status

agement promotion, Motivation, HR On going

n , empowerment, training,
s HR On going
 n , empowerment, training, HR On going
s are inplace