Hindustan Machine Tools LTD A4 Size 3a

Hindustan Machine Tools Ltd A4 Size 3a
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Spaleck Surface Finishing Machinery for deburring, finishing, grinding and processing equipment
www.spaleck.biz
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Hindustan Machine Tools Ltd.
INVENTORIES SUNDRY DEBTORS CASH AND BANK BALANCES OTHER CURRENT ASSETS LOANS AND ADVANCES
3.1 3.2 3.3 3.4 3.5
38572007 176227001 734224 3334605 171751593
286754600 156213186 4025465 2893088 177240578
737767430 LESS: CURRENT LIABILITIES & PROVISIONS
627126917
Search CURRENT LIABILITIES Search History: Searching... PROVISIONS Result 00 of 00 00 results for result for p.
5 NET CURRENT ASSETS
4.1 4.2
285520803 293127485 578648288
246487666 293430741
539918407 87208510
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A main acc ount is the important section in finance department. This section veers all the financial area. This section prepares profit & loss A/C, B/ & B/ S they also prepare the fund flow statement. S of the company. All the other A/C
Cost and material management section

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 Different labor costs are fixed for manufacturing and assembling The production department issues assembly warranty for the inspection of product
RJS Institute of Management
Studies
Page 66
PURCHASE DEPARTMENT
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PURCHASE DEPARTMENT
The Purchase Department is combined with administrative department in HMT. The functions of purchase in HMT are decentralized and each unit is responsible for procurement based on the approval annual operation plans subject to quarterly review based order position or market feedback To ensure timely procurement and supply of material To ensure fair, consistent and transparent purchase practices are followed To ensure continuous search for alternate source supply To act as an information center on material To ensure investment made on inventory is at optimum level
Function of purchase department

To ensure enquires/tender, analyze the quotations received and prepare comparative statements with a view to obtain comparative price to HMT To submit application for import clearance and obtain technical clearance and importance license whenever applicable To ensure after sales service To plan for marketing
Quality control department

If materials received id rejected due to minor deviation the rejected item is sent to the quarantine stores for necessary action
RJS Institute of Management
Studies
Page 68
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Purchase committee
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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
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Studies
Page 70
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Shahzad Ali it is very helpful for me reply01 / 15 / 2012
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Hindustan Machine Tools Ltd A4 Size 3a p.

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Customer satisfaction on HMT machine Ltd.. Download or Print 3,587 Reads Info and Rating Category: Research > Business & Economics Rating: Upload Date: 08/05/2010 Copyright: Attribution Non-commercial Tags: customer satisfaction on hmt machine ltd.. Flag document for inapproriate content
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