BEML
BEML
BEML
On the other hand, western manufacturers have also advanced into making new, more sophisticated and more efficient models. Foreign companies should be encouraged to set up their manufacturing units in India, which will not only cut down costs but also increase job opportunities in the country. The construction equipment sector in India has evolved over the years and is at present in an intermediate stage of development. The industry is trying to bring in international levels of technology as demand and the scale of operation increases.This has also been possible due to cutting-edge technology and adaptability to new techniques and materials after-sales servicing and training of manpower to operate these machines.
Market India's construction equipment sector has a market size of 1.49 billion, a fraction of the global market of over 56.17 billion, In all there are about 200 domestic construction equipment manufacturers (small, medium and large). The construction and mining equipment industry is dominated by a few large manufacturers in each product segment. The construction equipment sector comprises four major segments: Earth moving equipment like excavators, backhoes, loaders, bulldozers, etc. Construction equipment like road rollers, concrete mixers, hot mix plants, road making machines, stonecrushers. Construction vehicles like dumpers, tippers, tankers and trailers. Materials-handling equipment like mobile cranes, gantry cranes, hoists, forklift, etc.
availability of spares and services. Considering that major players have begun to do that, the Indian equipment industry is sure to make considerable strides in catching up.
JCB India Bharat Earth Movers Ltd (BEML) L&T Case, L&T Komatsu Ingersoll-Rand India Ltd Tractors India Ltd (TIL) Telco Construction Equipment Company Ltd (Telco) Voltas- Tata Group Godrej & Boyce Mfg Co Ltd Escorts Construction Equipment Ltd (ECEL) Action Construction Equipment Ltd (ACE)
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CONCLUTION India's booming infrastructure sector is fuelling But with the infrastructure and construction sectors undergoing dramatic changes - with 60-storeyed sky-scrapers being built in cities like Mumbai, and thousands of kilometers of expressways and highways being laid across the sub-continent - builders and contractors are acquiring sophisticated equipment to execute the multi-million-dollar projects. For the construction equipment sector, which has adapted rapidly to the changed scenario, this is indeed good news, as it paves the way for an exciting future. The present Indian market for construction machinery is worth more than $ 1,312.17 million. Exports expected to grow up to 30 percent i.e., $ 100-200 million by 2010. The countries from the Middle East, Australia, and Africa look towards India while shopping for equipment. Also, for foreign majors, India's large pool of technical skills and low cost of production make it the ideal destination to outsource equipment.
2.1 History
BEML is a public limited company, which was incorporated by the Government of India in May 1964. It was placed under the administrative control of ministry of defense, for the purpose of manufacturing earth moving equipments to cater the needs of the defense ministry. BEML commenced its operation in 1965 with the transfer of rail coach division of the HINDUSTAN AIRCRAFT LIMITED at Bangalore. Todays BEML is same premier enterprise of the kind of India and the second largest in Asia, with 9001-2000 company in India. BEML has been a pioneer in the manufacturing of integral rail coachers for postal vanes, luggages etc. which are built to hi-tech standard incorporating anti-telescope framework as measures of safety to passengers. BEML has vital applications in diverse sectors of economy such as coal mining, steel, cement, power, irrigation, construction, road building & railway. It has expanded Its product range to cover high-quality hydraulics, high duty diesel engines, welding. Robots and undertaking of heavy fabrication jobs. The production units of the company are located at Bangalore, Kolar Gold fields and Mysore in Karnataka. The company is engaged in the production of rail coaches, rail bus and DC EMUs for Indian Railways, Heavy duty trucks/its variants, crash fire tenders, heavy recovery vehicles, PMS bridges, earth moving equipment and aggregates for defence. Other major customers of BEML are Coal India Limited, Naively Lignite Corporation, Associated Cement Company, Steel Authority of India Limited, the National Hydro Electric Thermal Power Corporation. Bharat Earth Movers Limited is a premier ISO 9000 Company in India and the second largest manufacturer of earthmoving equipment in Asia. A three- decade-old multi- location and multi-product company, BEML has vital applications in diverse sectors of Economy such as coal, mining, steel, cement, power, irrigation, construction,
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road building and railway. It has expanded its product range to cover high-quality hydraulics, heavy-duty diesel engines, Welding robots and undertaking of heavy fabrication jobs. A public sector undertaking, BEML commands 70% market share in domestic earthmover industry. Nearly 40% of its equity has been divested to financial institutions and public. BEML has its corporate headquarters and central marketing division in Bangalore.The company also manufactures high power diesel engines and heavy duty hydraulic aggregates to meet specific customer requirements. The company plans to diversify into varied activities including underground mining equipment, underground storage for petro-products, leasing and financial services and joint ventures abroad. BEML is rated as the first amongst the fastest growing construction equipment in India (construction world NICMAR Survey-2005). It is today leading the infrastructure revolution in the country with successful hi-tech metro trains. Being a multi-unit & multi location company, BEML offers high quality products for diverse sectors of the economy such as coal, mining, steel limestone, power, irrigation, construction, road building, defence metro & railways. It has co to the fore front of heavy engineering industry with a track record of growth & profits in the last four decades. With the increased focus of quality, safety & productivity, BEML is evolving new technologies & aiming at value-addition in all its process & products. BEML has rolled out several innovative products. The co is establishing R&D centre of excellence for metro technology to match world-class standard with grant received from planning commission, Govt of India. Its service centers, repair shops & part depots provide total equipment care and availability of machines through prompt after sales service. Today, BEML brand of products are popular over 30 countries across the world in Asia, Africa, Europe, Middle- east & Latin America. The company is in the process of opening overseas offices at Singapore & China.
COMPANY OBJECTIVES
To maintain a dominant position in design, development, manufacture and marketing of Defence, Earthmoving & construction and Rail & metro equipment. To diversify and grow. To provide total engineering solution to its customer. To internationalize operations by enhancing exports. To maintain state-of-Art technology for all products. Re-orientation of the business operations to match the present scenario. Continues building of skills and competencies to bring about Executive Effectiveness for management Succession.
system.
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MISSION
To achieve and retain a dominant position in the manufacture and supplyOf
earthmoving, mining, construction, railway and defence equipment by establishing high standards of quality, capability & reliability. To pursue state-of-the-art and environment friendly technologies as well as develop cost effective & value added productsTo be competitive, responsive and continuously improve services as to ensuretotal customer satisfaction.
To grow into global company guided by a keen sense of vision and business ethics
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Quality is the hallmark of excellence. At BEML, a corporate quality policy emphasizing total quality management ensures that quality system adopted company wide to meet stringent standards and requisite performance criteria. A separate quality spearheads the thrust towards total quality. All the manufacturing units in the company are under ISO 9001-2000 certification. BEML equipment works in inhospitable terrain under grueling operating conditions. In order to ensure optimum performance of equipment each product is tested in working conditions in the companys own tracks and fields. Vendor assessment and development is a key component of the companys strategy for achieving total quality. Experienced professional work with vendors to improve direction to the quality improvement activities. To offer products & services to the satisfaction of customers and strive to upgrade quality continuously is the policy adopted in BEML.
From the short listed vendor they will call for tenders. These tender will be opened in front of each person from audit, finance, purchase. The tenders will be valued if all the three are signed in the tender. Once quotations are approved they will compare the quotes. From the list they will select the lowest quotation they will put label as L1, L2, L3 etc. Purchase order is prepared & send to accounts department for scrutiny. Purchase department have to give justification for why they selected particular vendor. Final purchase orders have to be prepared & have to forward to the vendors. Delivery schedule also have to be prepared & send to the vendor, when making the schedule they will make sure that stock will be purchase monthly to avoid blockage if finance, storage problem etc. Vendor has to supply the goods as per the schedule.
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MILITARY EQUIPMENTS BEML also supplies a sizeable quantum of machines to Indian Army Multi role vehicles and transportation trailer have found wide acceptance in armed forces.
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1) Crawler Dozers 2) Wheel Dozers 3) Excavators 4) Dump Trucks 5) Loaders 6) Backhoe loaders 7) Pipe layers 8) Walking Dragline 9) Sprinklers 10) Graders 11) Underground Mining 12) Tyre Handler 13) C-Crane 14) Bulldozers 15) Road Dumper 16) Motor Grader 17) Water Sprinklers 18) Rope Shovel
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Bangalore Division
BEML started in 1964 with the railway equipment division at Bangalore. It was the first rail coach factory in the Indian sub continent. This Unit has consolidated its status as a major supplier of integral railway coaches, meeting about 25% of countrys demand. It has a production capacity of over 800 coaches per annum. To meet the growing requirement of railway sector, BEML has diversified in manufacture of Overhead Equipment Inspection Cars & Track Laying Equipment. These have been developed in-house & supplied to Indian railways; recently this unit has taken up production of Electric Multiple Units & Rail bus. Development of specialized equipment like Treasury vans & Spoil disposal wagons has been successfully completed.
Mysore Division
The biggest dump track factory in India is located in Mysore. Apart from popular 35 tons & 50 rear dumpers; BEML also manufactures 60,75,85,100,120 & 160 ton dumpers here. Plans are afoot to take up manufacturers fo giant 170-ton dumpers on production line. In this plant, 28000-liter ad 35000 liter ware sprinklers, 165 & 325 HP Motor graders & Bheema loading equipment are manufactured. BEML also manufacturers 10 ton capacity Aircraft Towing Towers. Engine division has been established to manufactures diesel engines of 100-1000 HP rating at Mysore. These are used not only for captive consumption but also for application diesel generators & compressors. The company has installed flexible manufacturing systems for component manufacturing.
Palakkad Division
On 16th May 2010, BEML added one more feather to its cap by inaugurating its Manufacturing plant at Palakkad in Kerala, specially for Manufacture of Rail coaches, Wagons & Defence Products. BACKGROUND AND INCEPTION OF THE COMPANY BEML is a PSU under the effective administration of Ministry of Defence (Department of Defence supply). The organization was set up in late 40s as part of HALs Aircrafts now known as Hindustan Aeronautics Ltd to manufacture rail coaches. It gradually diversified into earth moving equipments in 1964. The company was incorporated in the first 5 year plan when India was very week economically. The main objective of setting up the organization was to manufacture heavy earth moving equipments. Rail coaches, heavy-duty trucks, truck-laying equipments etc.
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Many Milestones
1964: Incorporated under companies Act 1956 under Ministry of Defence Govt
of India with head quarters at Bangalore the company takes over production of rolling stock at Railway coach Division in Bangalore
1968: Heavy Earthmoving equipment division established at Kolar Gold 1985: Dumping truck division in Mysore. 1987: An exclusive Hydraulics and power line division and a full-fledged 1991: Engine division to manufacturing heavy-duty diesel engine comes 1992: Recognition as export house with star exporter status. 1994: First mammoth equipment walking dragline launched. 1995: Annual sales turnover crosses Rs.1, 000 crore marks. 2006: Annual sales turnover crosses Rs.2, 000 crore.
Field.
up to Mysore
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Bouquet of Awards
1986: National award for import substitution from the ministry of science &
technology.
1988: National export promotion award from the ministry of commerce. 1990: Corporate excellence award for outstanding performance from Dept of
public enterprises.
1997: Best employer of the physical handicapped award from the ministry of
welfare.
2001-01: Niryat shree gold export trophy from federation of Indian export
organization.
2001: Golden export house recognition star export status for outstanding
contribution to export.
2004-05: Gold export award from Govt. Of Karnataka. 2005: Construction world NICMAR Award for first among faster growing
construction equipment companies in India
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EXPORT PERFORMANCE
The year 2007-08 is the year of exports, hence decided to exploit the opportunity by dividing the world into four zones: Indonesia & Australia, South America, which include Peru, Chile, Brazil & Suriname, Middle-east, which includes Egypt, Turkey & GCC countries & North Africa which includes Morocco, Algeria, Tunisia etc. BEML aims at being a prominent player in all the four sectors, keeping in view of the growing potential for construction & mining equipment worldwide. BEML vigorously pursuing new markets such as middle east & CIS countries, Africa, far east neighboring countries. Showing its machines aggressively, BEML pitched sales campaign with participation in trade fairs at various locations in the world. Additionally, the company expanded its network by roping in Dalma motors in UAE, Hamtak in Iran as local distributors and pursuing with entrepreneurs in various territories. To make major roads in Latin America BEML has
deputed a representative engineer in suri name to take care of local enquires & address service issues. The company is simultaneously aiming at opening service offices at
strategic location like China & Singapore to boost exports in South Asian region. Another activity being actively considered is to open assembly plants in Indonesia, Morocco & Latin America where BEML would depend on local manufacture for partnership. This would cater to West Africa & Mediterranean countries. Follow up is being made by BEML on the line of credit extended by central government to various countries to maximize share of business besides pursuing with the Indian Embassies in various target countries. All these factors can be considered as the step towards globalization of BEML.
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OWNERSHIP PATTERN
BEML is a public limited company, which has incorporated by the government of India in may 1964. It is placed under the administrative control of Ministry of defence. It was earlier a part of HAL. The company started its rail coach manufacture in India. As a public sector undertaking, BEML commands 70% market share in domestic earthmover industry. Nearly 40% of its equity has been divested to financial institutions & public.
COLLABORATIONS
Tatra(SLOVAKA) OMNIPOL VOES ALPINE BUMER LABEDX KOMATSU (JAPAN) INDRESCO IGM ROTEM(KOREA) 2.7 FUTURE GROWTH AND PROSPECTS The future growth is likely to merge the Indian railways rail coach production division with BEML. Thus the company would regain business it lost from the railways ever since the division was formed. A parliamentary committee has asked the finance ministry to grant the company infrastructure status. This would enalble BEML to import component free of import duties & vastly improve its bottom line. After the successful implementation of DMRC which were supplied by BEML, they have decided to set up a state-of-the-art factory in Bangalore with Korean technology along with an R&D center. BEML has in hand certain projects such as the BMRM(Bangalore metro rail coaches), HMRC(Hyderabad metro rail coaches) after the success of DMRC. BEML has also planned to invest Rs.25 crore in computerizing the plant, machinery & factory
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infrastructure to update & upgrade the facilities in line with the objective of being a global player.
12) Finial Finishing and Painting Department 13) Delivery Department 14) TATRA Shop Department 15) Wagon Department 16) PMS Bridge Department 17) Ejector and Air cleaner Department
2) INDIRECT DEPARTMENT
These are the Departments not directly involved in production activity. Some of the In-Direct Departments are 1) Quality Engineering Department 2) Research & Development Department 3) Human Resource Department 4) Purchase Department 5) Finance Department 6) Planning Department 7) Production Control Department 8) Tool Engineering Department 9) Product Design Department 10) Stores Department
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Welfare Safety
CATEGORY Senior supervisors Supervisors Joint Supervisors Deputy Supervisors Master skilled Highly skilled Senior Technician Technician Unskilled Technician
NO. OF WORKERS 182 372 271 665 223 396 245 175 12
TOTAL
2541
CATAGORY
NO OF EMPLOYEES
Chief Managing Director General Manager Deputy Manager Asst. General Manager Senior Manager Manager Asst. Manager Office Administrator Asst. Officer
1 7 26 50 57 48 81 135 40 446
AWARDS Various allowances Various benefits Various incentive schemes Conveyances etc
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BASIC ALLOWANCES
A number of allowances are given to the employees at BEML. They are mentionedbelow: DEARNESS ALLOWANCE STAGNATION INCREMENT HOUSE RENT ALLOWANCE FAMILY PLANNING INCREMENT RECOVERIES(Like house rent) ONLY FOR EXECUTIVES RECOVERY ADJUSTMENT OF INTERIM RELIEF FITMENT BENEFIT SERVICE WEIGHTAGE CITY COMPENSATORY ALLOWANCES ANNUAL ADVANCES
Coal field allowances Stitching charges Heat treatment allowance Medical reimbursement Crche allowance Special allowances There are 2 types of incentives given in BEML 1. DIRECT INCENTIVE 2. INDIRECT INCENTIVES: Educational incentives Family Planning incentives LTC RULES LTC means Leave Travel Concession. In BEML there are 3 schemes. Scheme-A Journey to Home town(Home town travel) The employee/officer is allowed twice to travel to their hometown in the block of 4 years. Family here includes self, spouse & dependent children. Hometown has to be declared in personal records to perform the journey. The employee in this case cannot claim cash refund for the home town travel. Scheme-B All India tour Once in a block of 4 years. Family here means self, spouse dependent children, father, mother & sister. Scheme-C Consists of self, spouse & dependent children only. The quantum of these allowance will depend on the individual employee. For instance for employees whose BASIC<4870..2nd class railway fare BASIC>4870..1st class railway fare DGM & aboveBy Air.
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LEAVE RULES Casual Leave 7 days Casual Leave per annum for employees(A-S3)
12 days leave in case of officers & Employees who have opted for the officer
pattern of leave. Sick Leave 15 days p.a for all employees(60 days accumulation) Vacation Leave 18 days vacation leave for employees(245 days accumulation) Earned Leave 2.5 days per month for officers & employees who have opted for officer pattern of leave. Here accumulation can be done up to 300 days. Special Leave Given only for special occasion like participation in cultural events by the employeesetc. Extra-Ordinary Leave: Given for some specific chronic diseases. Eg: heart problem, cancer. Maternity Leave Governed by Maternity Benefit Act 1961. 84 days maternity leave is given for female employees & one month extended maternity leave for pre-natal & post natal complication. 1.5 month or 45 days maternity leave is given on account of miscarriage or abortion.
Leave rules for different grades of employees Grades A to D E to S4 Grade 1&above TERMINATION Casual leave in Sick leave in Vacation leave Total in days days 7 12 12 days 15 15 nil in days 18 18 40 45 42
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Resignation
One month notice is required otherwise the basic pay of the month is deducted. After receiving the clearance from all departments his dues will be settled within 15 days & he will be relieved of his obligation. All dues relating to the employees like fine, insurance premium etc.. from various departments are collected, scrutinized & final claims are calculated. A report will also be submitted by the Vigilance commission regarding the employee. If the employee is found to be guilty, some disciplinary actions will be
taken & damages would be recovered depending upon the gravity of the crime. Misconduct
Irregularity of attendance(maximum of 3warnings & final cancellation of pay increments) Riotous & disorderly behavior inside the factory premises Theft (Immediate resignation)
An enquiry committee is set up who will consider the various factors concerning the Misconduct (the degree for instance) & a suitable action will be taken.
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GRATUITY ACT(1972) Employees drawing more than Rs.35000 pa & who put in continuous service for not less than 5 years for eligible for gratuity.
Partial Forfeiture
When employee causes any damage to the companys machinery, equipment provided the principle of national justice is employed.
Full Forfeiture
In case of riotous or disorderly behavior of the employee inside the factory & in case of moral Turpitude like theft etc.
CALCULATION
Salary for this purpose includes Basic, DA. (last salary drawn)*15*(completed years of service)
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2. RECRUITMENT & SELECTION Sources of Recruitment Employment exchange Company trained apprentices under Apprenticeship Act Open Advertisement Ex-Servicemen Absorption of deputations from central government or state government Management Trainee Recruitment Procedure Whenever vacancies arise in a department, such department will notify personnel department in an Employment Requisition Form. On receipt of the same, steps will be taken for personnel after obtaining approval from competent authority. Local employment exchange will be notified of filling up of vacancies in the prescribed form. Even central employment exchanged will also be notified within the company inviting applications from eligible employees who posses the prescribed educational qualification & experience. In case the employment exchange do not sponsor any suitable candidates then, it will be advertised in the news papers after obtaining nonavailability certificate. Posts reserved for Ex-servicemen will be notified to the director general of Employment & training (Ex-Servicemen cell). Selection Procedure Application received in response to the advertisement will scrutinize by the personnel department in consultation with the department. Concerned list of candidates to be called for the interview would be drawn up. The number of candidates to the called for interview should not exceed 5 times the number of vacancies to be filled. A selection committee will be constituted depending on the nature of job/post.
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In case of employees the interview & selection is done at the respective divisions. In case of officers the selection is done at the corporate office. The Selection Committee as per rating sheet will assess candidates appearing for the interview. Candidates selected will be appointed only on the minimum for scale of pay to the post to which they are selected through the appointment. Appointment will be made only after verification of character. Candidates so selected will be subjected to medical examination by authorized medical attendant at the company. On appointment personnel department prepare necessary documents & send & forward the same to the department concerned. 3. Performance Appraisal, Promotions & Man Power Planning Performance Appraisal: Performance appraisal is done by the method of MBO (Management By Objectives)
Promotions
For employee category the promotions are done once in 4 years regularly. Sometimes it may become 5 years because of mis behavior of employee. In case of executive section it is based on the performance of an executive & it is not based on management objectives.
Man Power Planning Man power planning is done in production department based on the requirement to complete the yearly orders. Contract workers are appointed to do extra work & also night 11.00PM to 6.30AM shift is considered as overtime(OT) to complete the orders. Administration of man power planning is done based on the available work in the respective departments.
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4. DISCIPLINARY PROCEDURE For the success of any organizational activity, discipline plays a very important role as it aims at modeling the conduct of the individual behavior patter, which ultimately results in effective work culture that is essential for effective performance. BEML follows a set of guidelines mentioned in its STANDING ORDER(SO) which are certified & registered by the statutory authorities concerned. The standing orders contains various details pertaining to the rules & regulations of the company, which every employee is supposed to follow during the tenure of his employment. It provides details with regard to classification of employees, identification, entry & exit hours of work, holidays, overtime, leave facilities, dismissal from employment and also with regards to the disciplinary procedure & a list of misconducts & corresponding penalty of punishments available for such misconducts. The various stages in disciplinary procedures are as under Preliminary enquire of report Issue of show cause notice or charge sheet Constitution of enquire committee Conduction enquiry
Issue of 2nd show cause notice
Final order Penalties for Misconduct Minor Issue of caution letter Issue of warning letter Stoppage of increments
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Major Demotion Reduction salary Removal from service In case of employees involving in a major misconduct such as moral turpitude & anti national activities which may endanger and unite & integrity of the nation can be dismissed without conducting any domestic enquiry. 5. Training & Development The department heads shall identify the training needs & send annexure to HRD department, during April. The finalization of training activity will obey by may every year. Then a training calendar is drawn & then training activity is arranged in house/outbound depending upon the topics. METHODS INTERNALLY by senior employees in the factory EXTERNALLY by hiring some professionals who are experts on the required area/skill.
Familiarization Program It is conducted for 3 days. On the transfer of any officer/employee from other division to Bangalore complex the transferee will undergo a familiarization programmed which will enable him to understand different products, process, department etcthe induction programmer will ideally be for 6 days. The program is customized which takes into account factors like level, qualification and department.
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6. Welfare Functions Scholarship for meritorious children of employees. Distribution of milk to employees on hazardous jobs. Canteen facility at subsidized rates. Workman compensation for employment injury. Settlement of account/terminal benefits of death cases. Recreation facilities-fine arts club/Kannada Sangha/sports etc. Visit to hospitals where employees are admitted. Education facilities to employee children-shishya school. Community development-immunization/family planning/tailoring. Classes/adult literacy classes/pulse-polio camps etc Arranging talks on diseases like diabetes, heart problems, aid/cancer etcto educate employees. Issue of uniforms/safety appliances etc. Arranging for periodical medical check-ups for employees.
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Labor welfare fund-loans and advances to employees. Workers education scheme-unit level classes/leadership refresher courses for education if employees. Housing facility/township with all amenities. Consumer co-operative society for the benefit of employees. Medical facilities hospital with in-patient and out-patient facilities with the facility of occupation health center(at pal) Transportation facility. Arranging for blood donation for the benefit of needs employees and families and also the visitors. Coverage of contract laborers under ESI/PF schemes. Occupational Health center. Out problem department. Canteen BEML is having three canteens which provides food to all employees. Every day they are serving more than 12000 employees at subsidized rate. There are 100 employees working in the canteen. Committee Statutory Welfare Measures LWF-Labor Welfare Committee CMC-Canteen Managing Committee Safety Committee Works Committee PF Committee
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Duties LWF-Labor Welfare Committee Election is conducted every three years. It is a 5-member committee. Functions Liaisons with Welfare Readdress the grievances of the employees Types of Readdresses Scholarship Visit of hospitals, Loans(eg; Solar Installations, any appliances. CMC-CANTEEN MANAGING COMMITTEE Duties Glossary, Quality check in co-ordination with the canteen manager All round development of the canteen. Functions Conducting inspection of the plant in respect of the occupation safety environment. Arranging training programs improving the skills of the employees. Safety inspection and new inspection. Conducting safety protection activity. Preparing accidental statistics. Providing basic necessities of the employee on the shop floor like gloves, goggles, safety shoes, ventilation, uniform & other fringe benefits.
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PF COMMITTEE The company has its own PF trust created for the welfare of the employees. Employees can contribute about 12% normal contribution. The trust consists of equal number of representatives from both employees & management. These funds can be used at certain case which include: Housing loans Education loans Death Relief Funds etc.
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INTRODUCTION It is a management activity, which is concerned with the planning and controlling of firms financial resources. Great interest to the academicians & the practicing managers are interested in the subject because among the crucial decision of the firm are those related finance. The working capital requirement was met from the internal resources and cash credit facilities from banks. The company capital structure consist of only equity & there is no debt.
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There are nine sub sections working under finance department: Book keeping Bills payable Purchase scrutiny Cash office(cheque section) Pay roll Provident fund section Bills receivable Costing, Budgets & reports, estimates. BOOK KEEPING This section is completely responsible for the maintenance of the complete financial records all the accounting section present in BEML have to report to this book keeping section. The department constantly keeps in touch with other departments for information pertaining to sales & purchases, investments, loans Advances & other details for the Profit & Loss account & Balance Sheet which is to be prepared at the end of the year. BEML comes under the ministry of defence which has its own set of rules which governs the administration of the company but still it follows the rules & regulation laid down in the Companies Act of 1956. This section is also responsible for the reconciliation of accounts of other division, it also charges the depreciation on the assets of the company & is responsible to answer the government audit & also entrusted with the work of the tax audit report.
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BILLS PAYABLE DEPARTMENT The bills payable department in BEML is highly sophisticatedly diversified. The bills payable role will starts after material requirement planning is done then the tender is put forward to the vendor only to those who are registered with BEML(approved vendor list). Then quotation are received only from those vendor who is rated as L1 is selected & order is placed. A copy of the purchase order is received by the bills payable department, the purchase order contains the vendor name, the material order for quantity, value, the tax to be paid on the purchase or if there is any exemption under the central excise duty if so avail it on the purchase. After the goods are received, the RR group prepares a receipt report after the stores department verifies the goods & even a pay order is prepared & forward it to the bills payable department. The bills payable department compares the purchase order sheet with receipt report for any verification. The release for payment is passes on to the cheque-processing department. If the goods are not delivered within the specified period or time then BEML deduts 5% as penalty on the payment. Any purchase beyond 50 lakhs are referred to the chief managing director. In BEML, the credit policy followed for payment is 60 days. CASH SECTION This section is responsible for all payments of cast, cheques & accounting same in the books of accounts. FUNCTIONS Receipt of cash, cheques & bank drafts etc & issue of official receipts for the same. Follow up/watch for the transfer of funds to & from regional/districts offices. Operations of bank accounts. Cash disbursement to payroll for the payment of salaries & wages & other payments. To check the bank statement.
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Reconciliation of inter transfer of funds transaction. To verify the correctness of the cash credit. PAY ROLL SECTION Maintenance of attendance of supervisory & non supervisory. Distribution of salaries/wages to the employees, stipend to Apprentices, Bonus. Payment of advances towards TA/DA on transfer & LTC as per company rules. Accounting of all payroll transactions & releasing of journal entries. PROVIDENT FUND SECTION This deals with the provident fund of the workers & the employees & it deals with the family provident fund, Employee deposit insurance schemes, gratuity fund, & group saving linked insurance plan. It also performs other activities like investment of PF accumulation in approved securities, final payment of on the termination or on the death of the person, declaration of the person, declaration of the PF interest & crediting it to the members account etc. BILLS RECEIVABLE SECTION It is responsible for the preparation & submission of invoices for the equipment & spare parts sold, service rendered, follow up for the collection & accounting of sales & all other works connected to the sales like filing of commercial tax returns etc. FUNTIONS Register & scrutiny of sales orders pertaining to equipment & spare parts including export sales. Preparation & submission of invoice to customer for payment. Accounting of sales. Compliance of sales tax returns. Review of balances in the customers account on a frequent basis.
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RECORDS MAINTAINED Sales Order Register. Stage Payment Register. Dispatch Advice/Invoice Register. Sales Journal. Sundry Debtors Ledger. Register of Export Sales. BUDGET AND REPORT SECTION The Budget & Report section is in charge of the complication of revenues & ways & means of preparing budgets for the year & comparison of the actual performance both in physical & financial terms with those budgeted on a monthly basis for the purpose of control & taking corrective action where required by the concerned authorities. BUDGET AND REPORT SECTION The Budget & Report section is in charge of the complication of revenues & ways & means of preparing budgets for the year & comparison of the actual performance both in physical & financial terms will those budgeted on a monthly basis for the purpose of control & taking corrective action where required by the concerned authorities. MATERIAL ACCOUNTS SECTION This section is responsible for accounting the material held in the holding stores by accounting all the receipts & issue documents. The accounts is done in quantity, value & also in charge of accounting of material issued for subcontracts of fabrication, sent on loan basis, sent for rework/recommendations & stock transfer to other departments.
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FUNCTIONS Maintenance of material Ledger in the computer system for all items of the material held in the stores, investment account wise & store wise by accounting the receipts & issues to the production & other accounts & releasing the accounting entries. Reconciliation of the value of inventory as per the material ledger with the general ledger figures. Reconciliation of the quantity balance against the items in bin card with the material ledger balance by rendering the required assistance to the stores department. Accounting & control of the material issued to the sub contractors for the fabrication/completed items as well as loaned items. Scrutiny of the list of non moving surplus items as well as loaned items. Accounting for scrap disposal & parts disposal orders. BOOKS MAINTAINED Material Ledger, Inventory Accounts, Ledger for the material issued to sub contractors, register for scrap/surplus items dispatched, all stores documents relating to stock accounting. CASH ACCOUNTING SECTION It is responsible for the cost incurred for the various expenditures on equipment, spare parts etc & informing the other departments regarding inventory stock, finished stock etc.. it is also responsible for the stock estimates for fixing the selling price/giving quotations, controlling the cost. FUNCTIONS Registration & scrutiny of work orders. Maintenance of expense ledger. Preparation of costing proposals for the year.
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Estimating the cost for equipment, components & spares. Fixing the man hour rate for absorption of overhead expenses. RECORDS MAINTAINED Cost Ledger Expenses Ledger Work Order Register Consumption Details FUNCTIONS OF ACCOUNTS DEPARTMENT Generation of invoice after dispatch of material to customer. Submission of invoice to customer as per the purchase order terms. Follow-up with consignee/paying authority for receiving the items and release payment from customer as per the purchase order terms. Negotiating the documents through bank. The documents include invoice copy,
dispatch advice(DA), goods consignment(GC), excise duty gate pass(if payable). INVENTORY CONTROL AND MANAGEMENT Planning of the items based on Value(ABC Analysis). VED(Vital Essential Desirable) based on movement or customer requirement. FSN(Fast, Slow, Non-moving) based on the movement. SDE(Scarce, Difficult, Easy to obtain) based on the availability.
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BALANCE SHEET
PARTICULARS Sources of fund Shareholders funds Share capital Reserves and surplus Loan funds Secured loans Unsecured loans Minority interest Defered tax liability
SCHEDULE
2010
2011
Application of funds Fixed assets Gross block(at cost) Less: Depreciation Net Block Add:Capital work-in-progress Investments Current Assets,loans & Advances Inventories Sundry debtors Cash and bank balances Other current assets
162,587.45 154,506.43 26,351.31 1,504.30 93,522.77 149,657.99 52,109.76 1,910.16 75,644.36 49,790.79 25,853.57 2,502.31 28,355.88 542.29 68,715.16 47,331.96 21,383.20 2,425.43 23,808.63 542.29
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41,368.17 386,317.66
18,414.15 315,614.83
LESS:
current
liabilities
and
113,457.27 53,635.23 167,092.50 98,240.82 42,075.54 1,40,316.36
219,225.16 -873.88
248,997.21
201,373.28
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construction equipment, railway and transpiration equipment, railway and on par with the best in the world. Electronics has penetration almost all areas of operations and R&D division is increasing focusing towards macaronis, robotics and industrial automatic. Since the Bangalore complex is mainly dealing in defence products there are many groups looking after individual projects. Groups change according to the requirement of research & development departments.
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INTRODUCTION The Production Depart in BEML is concerned with the manufacturing of all its product. The Products which are manufactured in the BEML are Defence, Railay coaches, Mining and Construction equipments. Industrial Robots, Steel Plant equipments and Heavy fabrication machines etc. 1) The Production Department in BEML comprises of a) Method Planning 1 b) Method Planning 2
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2) The Industrial Engineering Management Section a) Production Control or Progress b) Stores Control c) Production Shop 1) METHOD OF PLANNING 1 This Department is responsible for the planning activities concerned with the Railway Coaches, it is also responsible for the providing cost estimation to the Marketing Department in co-ordination with R&D and Accounts Department. 2) METHODS OF PLANNING 2 The function of this department is similar to that of Method of Planning-1 but only difference is being in type of product they deal with, Method Planning 2 deals only with defence Products that includes the defence truck TATRA, Missile Launcher and so on.
POLICIES AND SYSTEM Preparing the Bill of Material(BOM) Issue of the process of sheets Off loading of Items Release of Job cards and Route cards for Rework Cost Estimation Control of Drawings Identification of Training requirements
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PRODUCTION SHOP/JOB SHOP This is the actual place where the actual production or manufacturing takes place in BEML the following are Hangers involved in production activities. HANGERS DESRIPTION 1. ACMEMU Alternative current electrical furnishing 2. Multiple units 3. Bogie 4. Under frame work 5. Sheet metal 6. Pre-treatment/Planning 7. Machine shop 8. Tools Room 9. Bogie Frame 10. Final Finishing 11. Trailers shop 12. New Material preparation 13. Assembly Department 14. Earth moving fabrication There are 5 major Departments in the Production Department 1. New Material Preparation 2. Machine shop 3. Sheet Metal 4. Sub-Assembly shop 5. Pre-treatment shop and Pre-Painting
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There is a Sub Assembly Department 1. Under frame Department 2. Bogie Department 3. Major Assembly 4. Furnishing Department 5. Final Finishing Department
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Products
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QUALITY ENGINEERING DEPARTMENT Quality Engineering department is vital functional sector of BEML taking care of quality testing of inventory, tools, machines which are procured from vendors and are inspected in the stores physically. It is responsible for carrying out activities pertaining to the products which are produced which are produced and dispatched by BEML, Bangalore complex. MAJOR FUNCITONAL AREAS There are four functional areas in this department: Receiving inspection Regional Quality Assurance Wing(RQAW) Final inspection Metrology lab ACTIVITIES The activities carried out in BEML are: Inspection Quality assurance Co-ordinating with third party inspection wing authorized by customer Control of non-conformances Advice preventive and corrective actions Control of quality records Dealing with customer complaints
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QUALITY OBJECTIVES Achieve operational excellence by reducing the non-conformances. Ensure reliability of equipments through quality assurance and quality control activities. Train and motivate quality personnel to achieve quality improvement. Have and effective and documented system to ensure that quality control in practiced in all areas. Strive continuously to achieve better product quality by introducing new techniques/facilities FUNCTIONS
Participation in management review (Documentation of quality system procedure).
Participate in contract review. Carry out inspection & testing. Verification of customer supplied product. Verify product identification & traceability. Inspection of goods, items, assemblies and provide test status. Control of non-conforming products. Advice preventive and corrective actions. Dealing with customer complaints. Monitoring customer feedback. Preparation and maintenance of quality records. Evaluation of quality costs. Identifying and arranging for training of quality engineering staff. Co-ordination with third party inspection agencies.
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Preparation & monitoring of quality objectives. PURCHASE DEPARTMENT INTRODUCTION The purchase function in BEML are decentralized and each division is responsible for procurement of its requirements. The head of the purchase department is directly accountable for efficient discharge of his function, duties, and responsibilities. He is assisted by a team of officers, and staff for carrying out the purchase functions. OBJECTIVES To ensure uninterrupted flow of materials for production services. To procure the material required at the best price, trends and market conditions. To keep the investment in inventory at the minimum. To ensure continuous search for alternative services of supply.
To strive for cordial, enduring and beneficial business relationship with the
suppliers. FUNCTIONS The functions of the purchase organization are as under: Identification and selection of suitable sources of supply including promotion and development of potential sources for indigenization. Analyzing of bids and prices ensuring fair opportunity to tenders/suppliers and at competitive prices to the company. Conducting negotiations with regard to prices, quality, & delivery schedule & terms of payment. Issue of purchase order, follow up for suppliers and periodical review for closure of purchase orders. To co-ordinate and assist in payment of suppliers bills & recovery from suppliers. Market research for improved methods & products.
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To keep abreast of government regulations in regard to taxes relating to purchase. MATERIAL MANAGEMENT DEPARTMENT Material Management department is the through which all the purchase for BEML takes place. Purchase activity shall be normally done on the basis of master production schedule by the planning department. Purchase procedure After getting material requisite from the planning department. Sub-planning will be done inside the department. Then decide whether the particular material has to be manufactured within company or buy from outside. Ask for the design for the particular machine from design department. Selecting vendors both from authorized vendor list(AVL)or marketing department will do a survey make the list of vendors.
Vendor will be short listed on basis of considering capacity, quality, capability,
technology, delivering, time etc From the short listed vendor they will call for tenders. These tender will be opened in front of each person from audit, finance, purchase. The tenders will be valued if all the three are signed in the tender. Once quotations are approved they will compare the quotes. From the list they will select the lowest quotation they will put label as L1, L2, L3 etc.
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Purchase department have to give justification for why they selected particular vendor. Final purchase orders have to be prepared & have to forward to the vendors. Delivery schedule also have to be prepared & send to the vendor, when making the schedule they will make sure that stock will be purchase monthly to avoid blockage if finance, storage problem etc. Vendor has to supply the goods as per the schedule. When goods arrives, the quality engineering department will inspect & approve it. After approval it will be send to stores. Then purchase department has to make arrangements for payment for the vendors. STORES The stores is the custodian of all inventory held by BEML & is charged with responsibilities of receipt of goods processing, storage & maintenance, issues reclamation of salvage items & also maintenance of proper records for accounting of all stores transactions.
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FUNCTIONS
Receiving of all materials (bought out customers supplied items) & offering inspection. Control of non confirming products in receiving stage. Proper storage & issue of accepted materials. Storing, Issue & maintenance of tools, gauges & instruments. Dealing with non project items. Receipt & storage & issue of customers supplied products. Production identification & trace ability. Implementing statutory/regulatory requirements where ever required. Handling field failure items. Maintaining quality records. Document & data control. Control of non-confirming product range during stores. Corrective & preventive action. STORES RECEIVING PROCESS Entry of truck Vehicle entry pass(Way bill) Receiving stores Identification of location Unloading Way bill Receiving report Processing stores(RR group, inspection) Holding store
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Production control group Its starts from the MRP by the IED department & order is placed. The material enters into Bharat Earth Movers Limited(BEML) mostly through trucks & trains. When the trucks arrive at a gate, a vehicle entry pass & the way bill is issued. Then the goods are moved to the receiving stores & goods mare separated & location is identified for the goods to be transported after this the goods are unloaded. An acknowledgement, way bill is inspected to see whether the quality, quantity as per the specification by the RR group & even testing is carried out to compare it with the way bill. Again, the materials are given back to the processing stores. From here the materials are sent to the holding store, which prepares the bin card, a voucher, the receiving report. A copy of each is given to the vendor, material accounts, purchase accounts, purchase department, bills payable department after this the production control group takes over the materials & updates the bin card when the materials are issued. FIFO(First In First Out) method is followed for the removal of inventory from stores Minimum level-2 months Recorder level-4 months Maximum level-6 months
Maintenance department
Maintenance Department is a vital functional sector of BEML taking care of mechanical, civil and electrical maintenance of the plant, machinery and equipments. The activities of the department are inter-woven with the related functional areas of comp
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FUNCTIONAL AREAS
1. Mechanical Maintenance:
Maintains machine tools Maintains material handling equipment such as fork-lifts, side loaders. Preventive maintenance as per the schedule drawn Control of preventive actions Control of quality records Erection and commissioning of new machinery
2. Electrical Maintenance:
Maintenance of power handling equipments Maintenance of switch boards, wires etc. Maintenance of fans, lights etc.. Control of preventive actions Control of quality records Erection and commissioning of new equipments.
3. Civil Maintenance:
Maintenance of new constructions Maintenance of old buildings Maintenance ventilations Control of preventive actions
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FUNCTIONS OF SALES DEPARTMENT PRE-TENDER ACTIVITY: After having known the requirement of earth moving equipment produced by BEML, all the efforts needs to be exercised as pre-tender activities to motivate customer to incorporate specifications of BEML equipment only. If succeeded in a pre-tender activity, customer will place order on BEML on proprietary basis. Sales executives are required to keep in mind SWOT analysis to understand the potential of the customer. TYPES OF ENQUIRIES/TENDERS PROPRIETARY In this type of tender, purchaser who knows what he wants, releases an enquiry to the supplier. Purchaser would specify the technical specifications & time for supply of the equipment & other commercial terms & conditions. If the supplier cannot meet the requirements of the purchaser, he could go to another supplier. There is a one-to-one relationship in this case. LIMITED TENDER In this case the customer will send his inquires to few suppliers(5to6) specifying the requirements in equipment. Based on the enquiry the suppliers will submit quotations to the customer. Now the customer has to decide on purchasing of the equipment based on consideration of price, delivery time, transportation, insurance, technical specifications given by the supplier. The decision making requires a long time; as well as ordering time is also more.
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GLOBAL OPEN TENDER In this situation the tender notifications are announced in news papers. The process is similar to limited tender except that the numbers of suppliers are more. The purchaser has to decide on different quotations sent by different suppliers on different considerations. The GM sales could do the Tender Analysis/Participation. The GM will purchase the tender document from the tenderee. The tender document is divided into following parts Technical specification Equipment specification Commercial Terms General terms & conditions of supply of stores Performa for price bid The GM is responsible to answer the specifications given by the purchased in tender. For the technical requirements the design parameter is sent to the R&D department, then they would give the technical support. The production department will give the delivery and cost estimate. The cost estimate would include manufacturing cost like material cost, labor & overheads. To this cost certain margin is added, then the price is decided. The finance department will give the payment terms. The price is kept confidential.
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Execution of customer order for Equipment Prepare sale order and submit to production, finance and all the connected departments indicating the terms of purchase order. Follow-up with production units for expediting manufacture of required equipment. When the equipment is ready inform the customer for inspection of equipment if applicable as per the order. After inspection of equipment by the customer obtain acceptance certificate & arrange to dispatch equipment to the consignee as per the order.
equipment sales department is Application engineering. The depart could prepare catalogue, participate in exhibitions, collect information about the competitors activities calculation of productivity of equipment, & recommend the customer the type of equipment/combination of equipments that he could purchase. The functions of regional & district offices are order book i.e., to approach the customer & influence him to place an order. Secondly, to make sales i.e., actual selling of the equipment & also the spare parts. Thirdly, the service manager has to service the equipment as per the agreement between the purchaser & the supplier; the service department also does as well commissioning of the equipment.
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SECURITY AND VIGILANCE DEPARTMENT SECURITY Security is safeguarding the property of the organization against any
malpractices. The security department ensures that the workers arrive at the right time to the premises and the entry of trespassers into the premises is checked. The visitors and suppliers etc., has to seek permission of the security before entering the premises and are given pass to enter into premises. FUNCTIONS To collect information for effective performance Preventive vigilance Educating the employees Monitor the guidelines Safeguards the men & material which are authorized & unauthorized VIGILANCE Vigilance department investigates any illegal acts done within the organization. government sectors should have Central Vigilance Commissioner. provided to all departments. All
Vigilance has no
boundary for itself. All executives are bound to follow the policy. Works instructions are
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THE MAIN FUNCTIONS OF THE DEPARTMENT ARE AS FOLLOWS To collect source of information To undertake preventive vigilance that is surprise check, random check etc., Constructive vigilance for executives, supervisors Punitive actions to be provided wherever necessary Reformative action also provided Causes for corruption & measures to eradicate
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BEML has an effective marketing network that provides customers with immediate access to BEMLs wide range of products & services. The companies marketing strength & reach enabled it to achieve a share of even 70% of market share in India. The corporate head quarter is in Bangalore but the central marketing unit is shifted to KGF where most of the vehicles for commercial purpose are manufactured. It is regional office, spares parts depots and services centers lofted within the country and as well as located outside the country. BEML export to more than 30 countries across Europe, Africa & America etc. through persistent marketing efforts achieved the entire high exports turnover in the current year.
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BEML NET This is a satellite based communication network that uses national information center net, which interconnects the computers of different locations. The primary objective of this net is to improve effectiveness of spares & parts management in terms of inventory control liquidation of pending order & improved spare parts sale. The Departments under the making division are as follows: Equipment Sales Service Spare parts Warehouse Accounts Personnel & Administration Market research/Market Intelligence/Business Development EQUIPMENT SALES DEPARTMENT The department is responsible for making the equipment sales. The managers will set a target at the beginning of the year, based on the results of market research. SERVICE DEPARTMENT The service department will do the commissioning of the equipment in the site/field & monitor the performance of the equipment over an agreed period. SPARE PARTS DEPARTMENT The department will supply the spare parts of the equipment when there is a requirement due to breakdown or if the parts are worn out. The part are supplied as recommended by
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the service personnel. The parts will be replaced free of cost during the warranty period if the breakdown is due to manufacturing defects.
WARE HOUSE Ware house means storage. There are three different warehouses
located in KGF, Mysore, Bangalore. There are 50000 to 100000 parts stored in each warehouse. The objective of warehousing is to reduce the level of inventory.
ACCOUNTS The accounts department comes under finance and attached to the
marketing department. After the sale of the equipment the payment has to be collected. The payment is done only after the commissioning and proper performance of the equipment.
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pushed the export of engineering goods as well as other equipment. BEML have an international office cum water house in Malaysia, & a sourcing office in china.
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DEPARTMENTAL PROBLEMS
Estimation of proper cost. More competition. Lack of latest technology. Problem of raw material procurement. Absence of co-ordination between supply and demand. There is shortage of employees in many departments. No pollution control is adopted. Food served in the canteen is not hygienic Lack of trained employees in some departments Lack of maintenance and poor house keeping facilities.
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specifying the objectives of the business venture or project & identifying the internal & external factors that are favorable & unfavorable to achieve that objective. The technique is credited to Albert Humphrey, who led a research project at Stanford University in the 1960s and 70s using data from fortune 500 companies.
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NEED FOR SWOT ANALYSIS The SWOT Analysis is an extremely useful tool for understanding & decision making for all sort of situation in business & organizations. The aim of ant SWOT Analysis is to identify the key internal & external factors that are important to achieve the objectives. SWOT analysis groups key pieces of information into two main categories.
INTERNAL FACTOR- The strength & weaknesses are internal to the
organization.
EXTERNAL FACTOR- The opportunities & threats are presented by the external
environment. The internal factor may be viewed as Strengths or weaknesses depending upon their impact on the organizations what may represent strengths with respect to one objective may be weaknesses for another objective. The external factor may include macro-economic
matters, technological charge, legislation & social-cultural chares as well as charges in the market places or competitive position. The results are often presented in the form of a matrix. The SWOT analysis is provides information that is helpful in matching the firms resources & capabilities to the competitive environment in which it operates. As such it is
instrumental in strategy formulation & selection. The following chart shows how SWOT analysis fits into an environmental Sean.
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network & service center situated all over India. This has made the company to efficiently handle customers requirements & problems and creates time utility for their products. BEML has the best Research & Development center in India, continuously upgrading & developing new products which form the backbone of its ever growing popularity.
4.2 WEAKNESS No pollution control methods are truly adopted and they have less control over the pollution like oil spillage from vehicles, paints, oil pollution etc. Rigid policies and regulations set up by the government may affect the organization. Political instability in the country could have adverse affects in the company. Fully dependent on government customers. The products are for defence & railways so their only customers are Indian railway & defence. Being a PSU all major decisions are taken by the government, in the liberalized era where professional management holds the key, this could be a major drawback. Shortage of employees in some departments may cause production glitches. High cost of manufacturing in Rail coaches. 4.3 OPPORTUNITIES The company being awarded with the Mini-Ratna status allow the Chief Managing Director to take the important decision relating to collaborations, technology transfer etc.
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BEML is the first organization to manufacture stainless steel metro coaches for New Delhi and hence it has got in immense opportunity to undertake Bangalore metro rail coach. Implementation of SAP-an ERP package has increased the efficiency of the organization. This efficiency could help the company to grasp more order. Tie up with many global players. Access to latest technology. Increase in the order from the defence. Increased government support for export. Demand for small and medium range equipment.
4.4 THREATS The salaries provided by the private sector are quite high compared to the salaries being paid at BEML. This will increase job hopper threats if talented employees are not retained. The hardening of the steel prices is one of the major concerns of the organization, as the major raw material required for the production is steel. The economic policies of the country are continually changing, posing threats to the company at times. Entry to MNCs due to liberal globalization policies Depleting natural resources Environmental concerns in terms of greenhouse gas emissions.
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Strategy: the plan devised to maintain and build competitive advantage over
competition.
the
Structure: the way the organization is structured and who reports to whom. Systems: the daily activities and procedures that staff members engage in to
Shared Values: called "super ordinate goals" when the model was first
developed, these are the core values of the company that are evidenced in the corporate culture and the general work ethic.
Style: the style of leadership adopted. Staff: the employees and their general capabilities. Skills: the actual skills and competencies of the employees working for the
company.
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Chapter 6 Learning experience in the internship study in organization Marketing Strategy: A marketing strategy outlines the manner in which the
marketing mix is used to attract and satisfy the target market(s) and accomplish an organization's objectives
If
service people, then nothing is more important than the training of these crucial employees.
Strategic Planning for Managers: This concise explanation of the most important
concepts and techniques in Strategic Management. Designed for professionals in fields of strategic planning and competitive strategy.
Developing Creative Thinking Skills: In business, creativity can help you launch
major innovative products and services. how-to material on creative thinking. The explore tools and techniques that have proven useful for various creativity problem solving situations.
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Customer Service Strategy: Improving service quality has finally become a top
priority of management today comprehensive service strategy based on the four principles of great service: reliability, surprise, recovery, and fairness. These slides demonstrate how these four principles, when adopted by the leadership and infused into the systems of a service company
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CHAPTER -7 FINDINGS
BEML is the second largest manufacturer of earth moving equipment in Asia. Employees are well experienced & co-operative. Even though SAP was introduced in the year 2007, till now there are only 30% of the employees only knowing how to work in ERP. There is shortage of employees in many departments. The relationship maintained by the employees union with management is healthy & supportive. Only 10% just in time method is followed so the storage of cost will be high. The company has continuously been conducting various training & development programmers on various fields so as to train the employees. There is good relationship between the employer & the employees. By setting up offices at various regions across the globe the company is realizing the dream of Transcending new Frontiers & gaining recognition in the global market. The welfare activities that are provided to the employees have always kept them at higher sprits which have successfully contributed towards the profitability of the organization.
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CONCLUSION: BEML emerged as public sector undertaking under the ministry of defence around five decades ago to build the nation by serving the major sectors of the economy such as mining, construction, defence, railways etc The company in act of diversification has growing rapidly with timely expansion leading to a profit of rs.305 crores in the year 2008. BEML with its consistent performance &
profitability has been confirmed with category-1 Mini Ratna status by the government of India, Ministry of Defence. This status has enhanced the power of board to incur more on capital expenditure on new products. Growth depends on performance, attitude determines performance is the vision of BEML. This is being achieved by the highly qualified Administration &
talented work force that are the two pillars of the organization with the embedded strength; the company is marching on the growth path adding new ventures & diversified business activities with sole aim to become leader in global market. BEML is all headed to surge ahead amidst the challenging competitions, and it is sure to get Navaratna Status very soon. Over the years BEML has demonstrated its engineering strengths and technical powers by harnessing the sophisticated technologies and erecting the giant equipment. BEML is able to compete with any of their competitors because of their expensed and cooperative employees, if they control the pollution like noise, dust etc they can get ISO 14000 which will be more advantage to company and they can compete with global players.
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RECOMENDATION Classes have to be conducted about ERP more and also give the cut off date to stop the manual work and start with ERP system there the documentation problem can be solved. They should use the advanced method in allocating the cost to overhead like Activity Based Costing(ABC) Skilled Employees should be recruited where ever required. The working environment of the BEML should be developed so that it will motivate the employees to work hard and also the recondition of the machines is required so it will increase the productivity without much cost. No pollution control is adopted, they should arrange the equipment of control the pollution. Fully depended on the government customers so it is not beneficial to private customers it should contribute to private sector also. The services allocated to the customers should be diversified. Improve the competitiveness through organizational transformation and
collaboration/strategic allocation/joint venture in technology. Improve the sales analysis for the organization. Provide better working environment to employees. Identify the root cause of the issue or problem so that they can be clear at the root level. Have employee representative to be a part of the decision making terms so that there voices are also heard and for better morale of employee.
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BIBLIOGRAPHY
The companys Reports are: Quality Assurance Report. Production Report. Finance department Report. Marketing department Report.
WEBSITE:
www.cerebracomputers.com www.wikipedia.com
TEXT BOOKS:
Kotler, Philip and Keller, Kevin Lane (2006), Marketing Management (12th Edition), Pearson Education Cooper, Donald R. and Schindler, Pamela S. (2005), Business Research Methods (8th Edition), Tata McGraw Hill Ashwathappa.K (2005), Human Resource and Personal Management (3rd Edition), Tata McGraw-Hill.
BOOKS:
Company Magazines Hand books, Catalogue, Journals & Reports
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