kirloskar ferrous ltd

8/10/2019 Kirloskar ferrous ltd

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ORGANISATIONAL STUDY AT KFIL,BEVINAHALLI

JSS SMI UG & PG STUDIES DHARWAD. Page 1

INTRODUCTION:

General Introduction

The steel industry is experiencing one of the longest upswings periods for many

years. Since the beginning of 1987, steel production is riding for almost 29 months'

with1988 bringing an increase of western world output to 488 million metric tons

of crude steel or Seymour than users also becoming all the economic growth and

country builds stadium for the 2008 Olympics in Beijing.

These favorable prospects raise hopes that steel makers are into a period of greater

stability It would seem as if the painful economic adjustment process, which has

been lasting for many years, is nearing completion, and that the adoption of steel

capacities' technologies and management attitudes to the changed patterns of

economics growth Tate are finally starting to bear fruit. India is gifted with large

quantity with high ferrous content, which is the crucial raw material for producing

the steel. Hence India is largest procedure of the steel in the world.With the help of

liberalization, globalization of economy in the process, there is as scope for

economic development, which means there will be focus on infrastructure this will

lead to considerable demand for steel. As its main application are in the

construction Engineering and automobile sector, which are the key elements in

building infrastructure. Steel is universe intermediate and has very strong forward

linkages hence steel industry has become one the core sector of the

economy.Though India one of the large steel procedure, it has low percent

consumption of steel in comparison with developed countries. India is fortunate in

having intensive iron ore deposits with estimated at 10.3 Billion which is more

than 1\4th of the world reserves. Further the average iron ore content of India is

above 60%. In India the iron ore reserves are mainly found in the states like Orissa,

Karnataka. Bihar, M.P, Goa, A.P, Rajasthan and some parts of western


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Maharashtra. When we think of the steel Industry, the first thing that comes in to

our mind is pig iron. This is because of its name. When metal from blast furnace is

paired into Moulds and solidifies it assumes a Shape which resembles the back of a

pig, hence called as pig Iron.

CORPORATE OFFICE:

Head office:Hospet

Branches: Kolhapur

Delhi

Ahmedabad

Coimbatore

Dealers: Belgum

Hyderabad

Vijaywada

Coimbatore

Banglore

Kolhapur

Nagpur

Ahmedabad

Rajkot

Kolkata

Jaipur

Agra

Origin of the Industry

The origin of the modern Indian Steel Industry can be traced back to 1953 when

contract for the construction of an integrated steel works in Rourkela, Orissa was

signed between the Indian government & the German companies Fried Krupp&

Demag. The initial plan was an annual capacity of 5, 00,000 tones, but this was

subsequently raised to million tonnes.


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At a very early stage the former USSR & a British consortium also showed an

interest in establishing a modern steel industry in India. This resulted in the Soviet-

aided building of a steel mill with a capacity of 1 million tons in Bhilai & the

British backedconstructi-cl1 in Durgapur of a foundry which also has a million

tonnes capacity.

Background of the Steel Industry

The establishment of Tata Iron & Steel company (TISCO) in 1907 was the starting

point of modern Indian steel companies were established namely Mysore Iron &

Steel Company,(later renamed Vishveshvaraya Iron & Steel limited)

in1923,Steelcorporation of Bengal (later renamed Martin Burn Limited & Indian

Iron & Steel limited) in 1923, &,Steel corporation of Bengal (later renamed Martin

Burn Limited & Indian Iron & Steel company in 1939.

World steel Industry

Steel, the recycled material is one of the top products I the manufacturing sector of

the world. The Asian countries have their respective dominance in the production

of the steel all over the world.India being one among the fastest growing

economics of the world has-been considered as one of the potential global steel

hub internationally. Over the years. Particularly after the adoption of the

liberalization policies all over the world, the world steel industry is growing very

fast.


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The following table shows a clear picture upon the major Crude Steel

Procedure in the Worlds as of the year 2010:

GLOBAL SCENARIO OF PIG IRON:

The demand for the international has sharp rise, the total production of pig iron. It

is estimated at 500MT, in which developed nation accounts for 45% of the total

production seeing the potential demand many mills in USA such as a Nucor,

Norigstar steel and Max Steel are switching over to pig iron production.

Country Crude Steel production

(in000/pa) MTS

China 626,654

Japan 109,600

United state 80,594

Russia 67,021

South Africa 58,453

Germany 43,815

Ukraine 33,559

Brazil 32,820

India 66,848

Italy 25,751


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DEMAND AND AVAILABLITY OF PIG IRON (000 UNITS)

YEARS DEMAND AVAILABLITY

1990-00 2900 4016

2001-02 3100 4322

2002-03 3300 4650

2003-2004 3600 4900

2004-2005 3800 5750

2005-2006 4100 5233

2006-2007 4400 5474

2007-2008 4600 5689

2008-2009 4100 5434

2009-2010 4300 5725

2010-2011 4200 5535

2011-2012 4400 5478

WHYUNDERTAKEORGANISATIONSTUDY

It is essential that BBA students carry out a detailed study and analysis of an

organisation. The study will help the student have a clear knowledge of what an

organisation is and what are the major factors that lead to the structuring of the

organisation and how a good organisation will enable in achieving the objectives

efficiently and effectively. The study will also reinforce the theoretical knowledge

acquired in terms of applications.


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OBJECTIVES OF THE STUDY:

The aim is applied to things exterior to the mind, & objectives of its attention

subjective to the operations to the mind itself. Hence an objective motive is some

outward thing awaking desire.

The study aims to achieve the following objectives:

To get an insight in to organization structure.

To know the corporate profile structure and performance.

To learn and study the functioning of an organization in the field.

To gain the practical knowledge while conducting the study.

To determine the progress of the company and to ascertain the future

prospects of the company.

To find out the level of activity or the operating efficiency of the company.

SCOPE OF THE STUDY:

The scope of this study is restricted to Hospet unit of KIRLOSKAR FERROUS

INDUSTRIES LIMITED. This report mainly focuses its view on companys

profile & different departments such as marketing, finance, human resource

departments.

METHODOLOGY:

No study is completed until a proper method is adopted. The level of anysystematic research depends upon collection of data by keenly observing the

existing conditions, classification and interpretation of data and at the end

formation and generalization and conclusion.


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DATA COLLECTION

Primary Data:

Primary data required for the study is collected from the KIRLOSKAR FERROUS

INDUSTRIES LIMITED. Office.

Secondary Data:

This includes information relating too

Annual reports.

Company broachers, magazines, periodical reports.

Published text books.

Internet.

LIMITATIONS OF THE STUDY:

This study was limited to that particular organization.

This study was restricted within the organization campus.

The study cannot be taken as representative of the other steel industry in the

state.

The study was based on the published reports and information collected

from the companys senior personnel. However the study could not gather

information from the company do policy makers consumers, dealers and

others share holders.

The study was limited by the time span i.e. four weeks. To make continuous efforts to sustain and improve the quality and

productivity levels and attain consistent results.


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INDUSTRY PROFILE:

Industry growth linked to the growth of end-use sectors and influenced by

macroeconomic scenario

India is gifted with large quantity of Iron ore with a high ferrous(Fe) content,

which is the crucial raw material for producing the Steel; hence India is one of the

largest produces of Steel in the World.

The steel industry is experiencing one of the longest upswings periods for many

year. Since the beginning of 1987, steel production has riding for almost 29

months, with 1988 bringing an increase of Western world output to 488 million

metric tons of crude steel, or 8% more than in 1987.

Demand from neighbouring China the words first biggest steel maker and users

also becoming all the economic growths and country builds stadium for the 2008

Olympics in Beijing.These favorable prospects raise hopes that steel makers are

into a period of greater stability. It would seem as if the painful economic

adjustment process, which has been lasting for many years, is nearing completion,

and that the adoptions of steel capacities, technologies and management attitudes

to the changed patterns of economics growth are finally starting to bear fruit.

Government policies and the International Monetary system with pegged but

Adjustable rates and U.S .dollar as a reserve currency has favoured this rapid

growth. This period is commonly called the post war reconstruction period.

The intensity of steels economic growth was rising by a vast rate between1950-60.

In Western Europe, steel jumped by 30%, in Japan by 58% and in Brazil by 41%.

The effect of steel consumption increased by an average of 5.2% in the year 1950

to 1960. The industrialized countries expanded their steel use by 4.8% per annum.

The developing nations did so by as much as 8.9%.


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Between 1960 and 1970, Western World steel consumption grew by 5.7% a year,

with the industrialized countries expanding their steel usage by 5.6% a year and the

developing countries by as much 6.5% a year. Another important influence on steel

intensity is the replacement of steel by other materials. Calculating that portion of

the reduction in the specific consumption of the steel that is due to the use of other

materials is extremely difficult.

However, estimates made by the International Iron and steel institute would seem

to indicate that for all of the Western industrialized countries the rate of

substitution of materials such as plastics, aluminium, glass and timber for steel is

presently standing at between 2 and 5 percent of steel consumption.

Earlier to the Government liberalization and de- licensing polices in 1991-92, there

were mainly two pig iron producers in the Indian market; the two pig iron

producers were TISCO and SAIL.

They used to produce basic grade pig iron which contains less silicon content when

conversion to foundry grade pig iron. So when this is used by the foundries they

have and Ferro silicon for the conversion to foundry grade also the availability

quantity of pig iron to the foundries was very much limited because only of ISCO

and SAIL were looking after all the foundries in India.

After the liberalization and de-licensing policies of government and private sectors

showed keen interest in the pig iron manufacturing units that to in the production

of foundry grade pig iron, TATA group in collaboration with Korf brazil started

supplying mini blast furnace of 250 cubic meters.

When blast furnaces were available, many private sectors started. Producing pig

iron among them, sese, Goa and Usha lspat, sisco (southern iron and steel co. ltd).

Unit Metal, Meco, Lanco, sathavana, Kirloskar are main.


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These all pig iron producers started producing mainly foundry grade pig iron with

the help of liberalization, globalization of economy in the process, there is a scope

for economic development, which means there will be focus on infrastructure. This

will lead to considerable demand for steel.

As its main applications are in the construction, engineering and automobile

sectors, which are the key elements in building infrastructure Steel in universal

intermediate and has very strong forward and backward linkages hence steel

industry has become one of the core sector of the economy. Though India one of

the large steel producers. It has low precepts consumption of steel in comparison

with order developing and developed countries. As steel is on the rise we can

expect good rise in consumption.

India is fortunate in having intensive iron ore deposits with reserves estimated at

10.3 billion which is more than 1/4thof the world reserves. Further the average iron

ore content of Indian ore is above 60% in India, the iron ore reserves are mainly

found in the states Orissa, Karnataka, Bihar, M.P, Goa, A.P., Rajasthan and sum

parts of western Maharashtra.

When we think about Steel Industry, the first thing that comes into mind us pig

iron. This is because of its name. To put in to simple words, when metal from blast

furnace is paired in to Moulds and solidifies it assumes a shape which resembles

the back of a pig. Hence name pig iron


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COMPANY PROFILE

The company is promoted by well diversified and established kirloskar group

having vast experience in the field of industrial manufacturing

Year of establishment: 1994

Sales turnover 2012-13: INR 11,981 Million (Net)

No. of employees: 1242

Turnover in (rupees): More than 1000 crores

Business area: Pig Iron, Grey iron castings

Foundry

SG Iron castings

Product range

Grey iron Castings: 1 Kg- 500 Kg single piece weight

Pig Iron: Foundry Grade,S.G.Iron Grade &Basic Grade

Chairman & Managing Director

Mr.Atul C.Kirloskar-Chairman

Mr.R.V.Gumaste-Managing Director

Manufacturing units

Kirloskar Ferrous Industries Ltd., Hospet.

Manufacturing unit Address: Bevinahalli (Village) P.O. Hitnal 583 234 District

Koppal, Karnataka, INDIA Tel: +91 8539 286753, 286712,286715, 286762,

286767 Fax: +91 8539 286706, 286714

Registered Office Address:


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Laxmanrao Kirloskar Road, Pune 411 003, Maharashtra, INDIA

BACKGROUND AND INCEPTION OF THE COMPANY

Kirloskar Ferrous Industries Ltd. (KFIL) built its first iron block and headmetalcasting facility in the early 1990s near Hospet in the state of Karnatka, an

area rich in iron ore. The plant is back-integrated into liquid iron ore processing

and uses molten iron as part of the feed to the induction furnaces. KFIL is in the

start-up phase of another casting plant at Solapur in Maharashtra. MC The

Kirloskar group origins were small but significant. In the year 1903,

Sri.Laxmanrao Kashinath Kirloskar opened a bicycle shop in the state Karnataka in

south India. From this modest venture has grown the Kirloskar group of more than

15 manufacturing company with an annual turnover exceeding 116 million pounds

string and engineering field in India. A Kirloskar product includes pumps, farm

machineries, machine tools, diesel engines, electrical machinery a wide variety

forgings electric switch gears and tractors.The vast Kirloskar group is the result of

industrial Vision of Shri.L.K.Kirloskar, many overseas factories are Located in the

West Germany, Philippines, Malaysia and Kenya. The vast Kirloskar groups total

worldwide export achievement currently these includes centrifugal pumps to UK

machine tools to USA, Canada, West Europe diesel engines to UK, transformer

and pump sets to Malaysia.

ABOUT K-GROUP

The vision of one man, Shri Laxmanrao Kashinath Kirloskar, which is today the

Kirloskar Groups, respected worldwide for engineering excellence, can trace its

beginning to the first casting of a humble plough.Kirloskar is 600 Million US

Dollar engineering conglomerate driving critical industries. K-group is a century

old pioneers in the areas of specification like power construction and mining,


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agriculture, industry and transport, oil and gas and environment protection with a

range of world-class industrial products and turnkey services.

KIRLOSKAR FERROUS INDUSTRIES LIMITED,BEVINAHALLI

Kirloskar Ferrous Industries Limited Co. was incorporated on 10thSeptember 1991

as a Public Limited. Kirloskar Oil Engines Ltd., And Shivaji Works Ltd promotes

the company. The main objective of the company is to manufacture Pig Iron and

ferrous casting. The company commenced production in 1994 and up an additional

blast furnace in 1995.

Kirloskar Ferrous Industries Limited is located at Bevinahalli of Koppal district. It

is spread over 200 acres of spacious land with lush greenery around. Kirloskar

Ferrous Industry Limited has 2 mini blast furnaces each of 250 M3 working

volume, technology and design of TATA-KORF limited in technical collaboration

with Korf technology Brazil for extracting pure iron.Each furnace producing

1,80,000 tonnes of Pig Iron metal/year. The plant manufactures foundry grade Pig

Iron suitable for automobile castings.

Raw materials are brought from Sandur and Donimalai sector near Hospet,

abundance of rich iron deposits are available in the areas. Fluxes such as limestone,

dolomite, quartzite and manganese are available in the nearby surrounding area.

Both iron ore and fluxes are easily accessible by road. Coke is imported from

China or Japan which is unloaded at Chennai/Mumbai port and brought to the

work site by rail or road. Coke is biggest raw material to the company and it

accounts for almost 80% of raw material costs. Kirloskar Ferrous IndustriesLimited is the first pig iron manufacturer in India with QS 9000 certification.

Company located on the banks of the Tungabhadra reservoir at Hospet near to the

rich iron ore belt of the Hospet Bellary range, with the Kirloskar philosophy of

adopting cutting-edge technology from around the world adapting it to Indian


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conditions, is today committed to delivering casting of international quality in

order to ensure the highest levels of customer satisfaction.

NATURE OF BUSINESS CARRIED OUT

The company manufactures the Pig Iron in three different grades, by Calibrated

Iron-ore brought from mine owners in the Hospet & Bellary Iron-ore belt within

the distance of 50 kms. Coke is imported from China.Iron Ore, Limestone, Coke &

Dolomite are the raw materials for the manufacturing Pig Iron.

VISION, MISSION AND QUALITY POLICY OF KFIL

Vision:To be a product leader in pig iron & casting business.

Mission:

To be a quality and cost effective pig iron producer and achieve by 2018- 19.

-production of 4,00,000 tons per annum

-sales of Rs. 2000 crore per annum

- coke consumption


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Agility with Discipline

Responsible Corporate Neighbour

QUALITY POLICY & OBJECTIVES

QUALITY POLICY:

KFIL is committed to achieve Total Customer Satisfaction through adoption of

state of the art manufacturing technologies and processes with continuous

improvements. KFIL is also committed to improve Quality of work life of itsemployees through improved work practices.

QUALITY OBJECTIVES:

CUSTOMER SATISFACTION:

Maximization of Customer Satisfaction by consistent supply of Quality

Casting& Pig Iron.

SUPPLIER QUALITY ASSURANCE:

Provide technical support and guidance to our suppliers through Quality

Assurance Programs to ensure highest Quality of purchased materials.

Supplier is a critical link in our Quality System.

EMPLOYEE DEVELOPMENT:

Development and motivation of all employees by providing necessary

training and support to bring out their full potential.


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PRODUCT EXCELLENCE:

Continuously striving for Product Excellence through adherence to

documented work practices, technical and managerial innovation and

continuous improvements. Our Endeavour is to push ourselves till our

recesses and products are finest in the country and compare with the best in

the world.

The companys products are used in the following industries:

TABLE NO 3: COMPANY PRODUCTS

PARTICULERS PERCENT

Textiles 12%

Pumps 11%

Automobile 26%

Pipes 12%

Engines 6%

Fans 3%

Agriculture 10%

Others 20%


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The above table represents the basic of products differentiation and the list of

industries where these products are used. Chemical composition of the product is

the reason for production for different kinds of products. Mainly products are

differentiated on the basis of silicon compensation. Company has got different

kinds of customer varying between with high or low range of silicon contents.

Textiles

Pumps

Automobile

Pipes

Engines

Fans

Agriculture

Others


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Product Mix:

Product/Grade Differentiator W.R.T.

Chemistry

Application Industry

(Examples)

Foundry Grade Si 2.0-2.5% General

Engineering,Automobile,

Sanitary, Castings

High Manganese Grade Mn>0.9% High Tensile Casting

High phosphorous grade P:0.2-0.4% Spun pipes

High Silicon Grade P>0.5% Roding Room

Applications

High silicon Grade Si:2.5-3.0% Fan body

Ultra High silicon

Grade

Si>3.0% Roding Room

Applications

Spherical Graphite Grade p>0.08%,S


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ACHIEVEMENT AND AWARDS

Awards Mile stones of KFIL

1994: Year of inception

1995: ISO 9002 Certification

2001: QS-9002 Certification

2002: ISO-14001 Certification

2003: Best Green Foundry Award from IIF

2005: ISO/TS 16949:2002 Certification

ACHIEVEMENTS:

KFIL is the first among few in India to adopt state of our technology with

CNC controller machines consistent quality of pig iron.

KFIL also records the project completion of MBF 1stwithin 18 months and

2ndMBF in 9months


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FUNCTIONS OF DEPARTMENTS :

HUMAN RESOURCES

FINANCE

PRODUCTION

PURCHAGE AND STORE

MARKETING

QUALITY ASSURANCE

RESEARCH AND DEVELOPMENT

HUMAN RESOURCE DEPARTMENT

PLACING THE RIGHT PERSONIN RIGHT PLACE AT RIGHT TIME

Human resources management involves researching and addressing staffing needs,

hiring and training the best employees and making sure that these employees turn

out to be outstanding performers. It also includes dealing with performance issues

and ensuring employees personnel and management practices conforms to various

regulations.

In short Human resources management, this is of immeasurable value for an

organization. The HRM department is entrusted with the vital function of keeping

employees happy and thus assisting in enhance the productivity of the company.

Any organization with manpower as its chief capital is a treasure of talent. It

is the HR department which acts as the key to unlock, identify, develop and

utilize employee skills and talents to further individual as well as

organizational goals. The chief functions of the HR department Training and

Development change the management, salary and benefits, industrial and

employee relations and performance appraisal


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The HRM department here at KFIL consideration the employee the foremost and

major resources of the company upliftment of employees growth are at the centre

of organization philosophy of growth, which aims at providing a career in which

the individual can make at the same time better standard?

Company has taken care of employees welfare by providing accommodation

medically and medical reimbursement to self and family subsidized canteen

facility to all employees, free transportation to their residence to the work place.

Company is having officers, club members of their facilities meet and participating

in various activities of recreations.

Higher level of satisfaction is reflected through:

Reduction in absenteeism

Reduction in accidents

Reduction in grievance in comparison with previous year

Reduced man power rather than more out is given.

Company is also conducting exit interviews of separating employees by the head

of HRM & GA the outcome of the exit interview is discussed in top-level meetings

in order to keep pace with change due to the liberalization and globalization

initiated steps are taken to upgrade the skill of the employee, train them

periodically, internally and if required through external programs 95% of

management staff are computer literates.


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Company plans to increase turnover per employee through:

Increase production

Increase productivity

Maintain/ improve quality

Cost efficiency

Adhering to timely suppliers

Reduction in wastages

Innovations.

Only machine cannot perform all the work, they need the assistance of human who

is key for their operations. In KFIL [HRM & GA] constantly take care for each

employee right from his induction to his performance recognition, personnel

department required to guide the people at work and organize them to achieve the

best result. Human Resources department coordinates all other departments and

helps them to work effectively. This department performance all those functions

which creates a sense of belongingness among all the workers, A part from this is

also maintained to have a cardinal relationship between others industries.

FUNCTIONS:

Adoption of improved work practices to foster the intellectual capital

Develop people with high degree of entrepreneur ability and leadership

qualities.

Develop emotional togetherness for strong ownership.

Defining the role & responsibilities of employees to generate empowerment

and right leadership.

Encouraging teamwork, participation & involvement to effectively deal with

negative residues.


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Development of personnel to create knowledge tank and a learning base to

defeat competition.

Recognize performers through rewards and recognition.

The various functions performed this department are:

Recruitment

Wage & salary administration

Training & development

Performance appraisal

IR activities

Welfare activities

Admin,security

Safety and Environment

.

And all those functions which helps to motivate the employees and which leads to

increase their morale.

KFIL uses the following sources to recruit the candidates. :

Recruitment

Advertisement in news paper

Walk in interviews

Campus interviews

Data bank

Promotion is totally based on merit of the employees. Company believes in

promoting those employees who really contributes towards the growth of the

organization. Company evaluates the performance of the employees by using 270


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degree performance appraisal method company considers the opinion of the major

evaluators they are as follows.

Self appraisal

Superior

Suppliers and customers

Training places a major role in structuring the individuals personality. Company

preference on the job training in includes:

Job rotation

Coaching Class room training

Other than the usual work process is also performs the other functions like

maintaining the individual relations among other industries, motivating the

employees by conducting the counselling and by implementing continuous training

programs etc.

Authorities and responsibilities of HRM.

Manpower planning, recruitment and selection placement.

Training and development.

Performance appraisal, wage and salary administration.

Security, transport fire and safety.

Industrial relations dealing with government.

Employees grievance handling

General administration including public and guest relations.

Estate management covering horticulture, guesthouse etc.

Administration of welfare activities covering canteen, medical, etc.


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Environment Management system.

Community development Activities.

MIS DEPARTMENT In Kirloskar Ferrous Industries Ltd [KFIL] the

Management information system is well developed department for maintaining the

data.

Management information system & Information Technology

In KFIL the management information system is well developed. The MIS

department maintains the data of the company. They capture information from

different areas of organization through network spread 2 km around the company.

This department gives the information for report to the management. All the data

will be stored in main server of MIS. The purpose of MIS is to give the timeless

information to the internal and external customer. It enables the management to

take quick decision and reduced much of paper work.

The internet and extranet is well connected to all the systems and provided good

communication tools. All the staff members are well aware with the systems. Theintegrated information systems is used to maintain time lines information for

employees.

At present Entrepreneur Resources Planning [ERP] is installed in the company to

well aware of the day-to-day activities.


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VISSION OF MIS & IT

To create a seamless and transparent integration through the supply chain for

information sharing irrespective of the geographical location at the users, both

internal and external.

Continuous updating of knowledge and people to always by in the knowledge

race in this fast observation field.

MISSION OF MIS & IT

To achieve a complete integration of all process through structuredScalable networking.

To create a complete user friendly system for instant access to relevant

Information.

To achieve a popular officefirst internally and then externally.

FUNCTIONS OF MIS & IT

Look offer the development of new programming

Collect day-to-day information

Take requisition from each department and decides whether it can by

designed or not.

Take care of communication through e-mail.

The department has an e-mail server connected to fifty users.

VALUES OF MIS & IT

All users are our customers and customers are always right.

Every activity or task undertaken should add value to the organization.

Transparency in communication.

To development trust is confidence in all the internal customer.

Team work is respected.


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A continuous improvement process to keep the team motivated.

Sharing information and know with team member and across the

organization.

Empower user by the de-centralized the process and report organization.

All individual efforts and team is customer oriented.

Maintain confidentially of the data being used and processed.

Adhere to commitments.

Discipline in all activities.

RESPONSIBILITIES OF MIS & IT

Report to top managers

Maintenance of Software and Hardware

Maintenance of communication network.

MIS & IT POLICIES:

Using appropriate technology and providing user friendly solutions,

processes & systems and continuously improve operational ease and effectiveness.

Ensuring efficiency, stability & reliability of network and transactions

through adequate standby systems and software backup.

Ensuring authenticity, validity and security of information and knowledge

through appropriate security measures at inputs and outputs.

Facilitating mutual sharing of needed information &knowledge with our

customers, suppliers and other stake holders. Kirloskar Ferrous Industries Limited,

shall strive to achieve ever increasing levels of satisfaction of our Customers and

use Information Technology for business efficiency and effectiveness.


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FOUNDRY MANUFACTURING DEPARTMENT

1. Melting& furnace

The process includes melting the charge, refining the melt, adjusting the melt

chemistry and tapping into a transport vessel. Refining is done to remove

deleterious gases and elements from the molten metal. Material is added during

the melting process to bring the final chemistry within a specific range specified

by industry and/or internal standards. During the tap, final chemistry

adjustments are made. Furnaces are refractory lined vessels that contain the

material to be melted and provide the energy to melt it. The majority of

foundries specializes in a particular metal and has furnaces dedicated to these

metals. For example, an iron foundry (for cast iron) may use a cupola, induction

furnace, or EAF,

2.Moulding

Prior to pouring a casting, the foundry produces a mould. The moulds are

constructed by several different processes dependent upon the type of foundry,

metal to be poured, quantity of parts to be produced, size of the casting and

complexity of the casting

3. Pouring

In a foundry, molten metal is poured into moulds. Pouring can be

accomplished with gravity, or it may be assisted with a vacuum or pressurized gas.

Many modern foundries use robots or automatic pouring machines for pouring

molten metal.


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4.Shakeout

The solidified metal component is then removed from its mold. Where the

mold is sand based, this can be done by shaking or tumbling. This frees the cast

component, which will still be attached to the metal runners and gates - which arethe channels through which the molten metal travelled to reach the component

itself.

5. Degating

Degating is the removal of the heads, runners, gates, and risers from the

casting. Runners, gates, and risers may be removed using cutting torches, band

saws or ceramic cut-off blades.

6. Surface Cleaning

After Degrading, sand or other moulding media may adhere to the casting. To

remove this surface is cleaned using a blasting process. This means a granular

media will be propelled against the surface of the casting to mechanically knock

away the adhering sand. The media may be blown with compressed air, or may be

hurled using a shot wheel. The media strikes the casting surface at high velocity to

dislodge the moulding media (for example, sand) from the casting surface

7.Finishing

The final step in the process usually involves grinding, sanding, or machining the

component in order to achieve the desired dimensional accuracies, physical shape

and surface finish.

QUALITY DEPARTMENT: As there are two divisions in the company the

quality department for each department is different. Quality inspection is

carried out for both the incoming raw materials and outgoing finished goods.

The raw materials should be as per the standard size, volume and with

chemical composition and metallurgical composition.


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FOUNDRY QUALITY PROCESS

ARL Spectrometer

Chemical laboratory

Sand laboratory

Brunel Hardness Tester

Universal tasting machine

Casting sectioning machine

Microscope with photo and CCTV attachment.

QUALITY CONTROL

The blast furnace is highly instrumented and is monitored continuously.

Times and temperature are checked and recorded. The chemical content of the iron

ores received form the various mines are checked, and the ore is blended with other

iron ore to achieve the desired charge. Sample are taken from each pour and

checked for chemical content and mechanical properties such as strength and

hardness.

QUALITY ASSURANCE DEPARTMENT:

The company is committed to achieve total customer satisfaction through

adoption of State of the art manufacturing technologies and process with

continuous improvements. The company is also committed to improve quality of

work life of its employees through improved work practices.


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Quality objectives:

The following are the objectives of quality assurance department. They are as

under:

A)Customer satisfaction: Maximization of customer satisfaction by

consistent supply of quality casting and pig iron.

B)Supplies Quality Assurance: Provided technical support and to our

suppliers through quality assurance

C)Programmers to ensure highest quality of purchased materials suppliers it is

a critical link in company quality system.

Quality system:

To provide guidelines to establish, Document & maintain a quality a

means to ensure that product conforms to requirements. To outline structure of

documentation in quality system. Trade line document the quality planning is done

to meet the requirements of product.

Methods:

A. Quality Assurance Manual (QAM):

There is TOP TIES document primarily conveying the Organizations

commitment to quality & maximizing customer Satisfaction. This is maintained

customer satisfaction. Maintains this as a reference document during. divisional

produce & report procedure (HRM is Training) for reference.


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B. Common procedure Manual (CPM):

This is second tier document prepared by MR. Issues these to all dept . heads for

common procedure.

C. Department producer Manual (DPM):

This is also second tier document prepared by divisional Heads dealing

how a job is done with responsibility specified department procedure of HRM&TRG are prepared by respective department heads.

Production control requirements and issued to users who would be recording the

status as a Monitoring sequence & this is used for verification & process / product

quality.

MARKETING DEPARTMENTMarketing is the process of communicating the value of a product or service

tocustomers for the purpose of selling the product or service. It is a critical

business function for attracting customers.

VISION OF KFIL (MARKETING).

To be world class leader through the state of art manufacturing technologies and

process.


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MISSION.

A family committed to growth and prosperity of the organization through

leadership attributes and quality orientation of people and process that

continuously satisfy the customers with their ever changing needs.

MARKETING POLICY:

In the direction of achieving the companys mission, the marketing team-

PIP endeavours for maximization of sales and realization for the company products

while meeting the customers requirement to heir all round satisfaction.

The marking department is mainly focus on the activities of Marketing

products, Pricing, Promotion and Distribution of products. These activities

collectively called as 4 ps in marketing.

Products: The Company has following products in its product line.

They are:

1. Basic Grade Pig Iron.

2. Foundry grade pig Iron.

3. Spheroidical Grade pig Iron

Pricing:

The name Kirloskar itself is the mark of quality for the customer. The

company has left the opinion of transporting pig Iron to the Buyers site to the

Buyer. So one can buy the pig Iron at the companys site or can order.

The company has come across different prices terminologies.

They are:


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List price

Discount

Allowance

Payment periods

Credit Term

List priceis nothing but the selling price. It is also called as Basic Price.

Basic price=production Cost +profit

Production costincludes both variable cost and fixed cost.

If the transport is undertaken by the company then boarded price is calculated

according to sites mentioned in receipt.

Recorded Price = Basic + Freight +CED (central Excise Duty)

A discount of RS.100 / -PMT is to the regular and bulk buyers.

Price of this company pi iron are comparatively more when compound to

competitions, even with this more price also the company has succeeded inreaching top market share holding position in the pig Iron market & Foundry.

People prefer this company pig Iron because the following reasons:

a. High quality

b. Fixed Chemical composition

c. Test Certificates are issued with every load

d. Almost 0% impurities & slag mix up

If customer demands for 2.25% silicon, Then the company will supply

exactly wit this proportion, where as others supply with range

between.2.25% silicon etc.


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In this company, pig Iron is melted once, almost 98-99% pure molten metal is

obtained while as in it is size is almost comfortable for feeding into less opening

firmness. The company brand name helps in attracting customers From the above

points is clear that the company is not using any mark penetrating pricing strategy

to penetrate the market instead it is skimming price strategy.

PROMOTION:

The company has appointed number of dealers throughout India for its

marketing purpose. Each dealer will get Rs. 100 PMT, as commission for the pig

iron is sells.

Credit notes are given to these dealers for their commission. Pig iron is also

sold on credit as one of the promotion tools to attract customers. Credit time

depends on areas (less credit period is for North Zone) and order they give.

Distribution:

The company has got distribution network spread allover India in form

of dealership and also through companys employees, the company has divided its

market into 7ZONES:


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TABLE NO 4: ZONAL DISTRIBUTION

Zone A Karnataka Belgaum , shimoga, Bangalore

Zone B Andhra Pradesh Hyderabad, Vijayawada

Zone C Maharashtra Kolhpur,pune,

Mumbai,Nagpure,Sholapure

Zone D Gujarat Ahmadabad, Rajkot,Surat

Zone E Rajasthan Jaipur

Zone F Delhi Delhi,Faridabad,

Zodhinoor,Agra

Zone G Tamil Nadu Chennai ,Combatore,Madurai


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Organizational Chart of Marketing Department:

MARKETING STRATEGY:

Maintaining quality leadership

Organising customer meets every 2 years.

Taking their feedback.

Creating an action plan based on that.

JIT(Just In Time ) Delivery

Ontime delivery

Strong dealership network Customer orientation

Customer driven

Performance tracking of competitors

Chief Marketing Officer

Vice President (Marketing)

Marketing Manager

Regional Marketing Manager

Executives


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PIG IRON CUSTOMERS:

Electro steel castings

Texmo Industries

Rajkot Eng. Association

Laxmi Machine Works

Sriram Piston & Rings Ltd.

Kapilnash Dhatu Udyog Ltd.

Ghatge Patil Industries Ltd.

Prashant Castings Ltd.

Indo Shell Mould Ltd.

Garimax Fenocast

FOUNDRY CUSTOMERS AND PRODUCT END APPLICATION

AUTO:

Mahindra & Mahindra

Toyota Kirloskar Autoparts

Tata Motors Ltd.

Eicher Motors Ltd.

DIESEL ENGINES:

Kirloskar Oil Engines

Simpson & Co.


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TRACTORS:

Mahindra & Mahindra

Escorts

Tafe

Carraro India

Kerala Agro Machinery Co.

MAJOR EVENTS

1991 The company was incorporated on 10th September, as aPublic Limited company under the name of Kirloskar

Ferrous Ltd. Co. The company is promoted by

Kirloskar Oil Engines Ltd., and Shivaji Works Ltd. It

obtained the certificate of commencement of business

on 18th November. The main objective of the company

is to manufacture pig iron and ferrous castings.

- The company undertook to set up a project for

manufacture of 37,500 TPA of ferrous castings and

1,20,000 TPA of pig iron. Land admeasuring 161 acreswas acquired at village Bevinahalli Raichur district,

Karnataka. The foundry with an installed capacity of

37,500 TPA of pig iron would be equipped with a sand

preperation plant and moulding line with the state of art

air impulse moulding machine from M/s. George

Fischer Foundry Systems Ltd., Switzerland. For the pig

iron manufacture, the company would be using MBF

Technology of Tata Korf Engineering Services Ltd.

1992 The company entered into an agreement on 1st June,

with Tata Korf Engineering Services Ltd., for technical

know how, consultancy services, performance

guarnatee for production of hot metal etc.


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1993 The company installed a second mini blast furnace

MBF II of the capacity of 1,20,000 TPA.

- 810 No. of equity shares allotted for cash at par.

- 584,99,190 No. of equity shares of Rs. 10 each share

issued at par through a prospectus during January 1994

as follows:

- (1) On firm Allotment basis:

- (i) 149,99,990 shares Kirloskar Oil Engines Ltd.;

- (ii) 70,00,000 shares to Shivaji Works Ltd.,

- (iii) 123,33,400 shares to other companies.

- Of the remaining the following were issued for

allotment on preferential basis:

- (i) 15 lakh shares to FIIs, including Mutual Funds,

pension funds;

- (ii) 15 lakhs shares to Indian Mutual Funds (all weretaken up);

- (iii) 30 lakh shares to NRIs (all were taken up);

- (iv) 33,800 shares to employees (only 17,700 shares

taken);

- (v) 10,50,000 shares to employees of promoter

companies (only 3,31,900 shares taken);

- (v) 24,16,500 shares to shareholders of promoter

companies (only 22,72,200 shares taken).

- Balance 146,65,500 shares along with 8,78,500 shares

not taken up under preferential quota was issued to the

public (all were taken up).


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1994 - The company has started commercial production of

pig iron on 1st April. Commercial production of

foundry products is yet to commence. The company

also does not have any foreign collaboration and has

not so far exported any goods or services.

1995 The order book position was showing encouraging

trends. Therefore, the company proposed to expand the

production capacity from 37,500 TPA to 60,000 TPA.

1996 The company proposed to make a Rights issue of

14,625,000 Zero Interest unsecured fully convertible

debentures of Rs. 15 for cash fully convertible

debenture of Rs. 15 for cash at par in the prop. 1 deb.: 4

equity shares by their Special Resolution on 8thJanuary.

1997 One of the two mini blast furnaces which was closed

for scheduled relining would start production in early

July.

- The Company has allotted 12% Redeemable Non-c

45000000 preference shares of Rs. 10 each.

- The company has integrated into foundries where the

main raw material is pig iron.

1998 The Company has availed under an agreement,

technical know-how and consultancy services for the

Mini Blast Furnace from Tata Korf Engineering

Services Ltd., Calcutta.

- The Company has absorbed the technology in full as a

result of which the scheduled relining of the Mini BlastFurnace could be completed and Furnace restarted

without any problems.

1999 The Company has got recertification of ISO 9002 for

another 3 years.


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2001 The Board has allotted 40 lakh equity shares of Rs 10

each to ICICI Ltd. by conversion of term loan into

equity share capital.

- The Company has allotted 47.22 lakh fully paid equity

shares (Rs 10 each) aggregating Rs 4.72 crore to

Industrial Finance Corporation of India Ltd. (IFCI).

- The Board of Directors of the company has decided as

under, subject to necessary approvals : 1. To increase in

authorised share capital of the Company from Rs.

155,00,00,000 divided into 7,50,00,000 equity shares of

Rs, 10/- each and 8,00,00,000 preference shares of Rs.

10/- each. to Rs. 222,00,00,000 divided into 10,50,000

equity shares of Rs. 10/- each and 11,70,00,000preference shares of Rs. 10/- only.

2003 Kirloskar Ferrous Industries Ltd has informed that the

Board of Directors at its meeting held on June 27, 2003

approved the following

1. The Board of Directors has appointed Mr R V

Gumaste as the Managing Director of the Company,with effect from July 1, 2003 subject to the approvals of

the shareholder and financial institution with whom the

Company has borrowing arrangements.

2. A proposal to seek voluntary delisting of the

Company's equity shares from the Pune Stock

Exchange Ltd and Delhi Stock Exchange Association

Ltd subject to the approval of shareholders being

obtained at the ensuring Annual General Meeting.

2005 -Kirloskar Ferrous Industries Ltd has appointed Mr. A

N Alawani as an Additional Director.

2006 -Kirloskar Ferrous Industries Ltd has approved the

acquisition of the Castings Division of Kirloskar Oil

Engines Ltd at Shivashahi, Solapur with all its assets


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and liabilities for a consideration of Rs 210 million on

such terms and conditions as may be decided between

the Company and Kirloskar Oil Engines Ltd.

-Kirloskar Ferrous Industries Ltd Issues Rights in the

Ratio of 9:10

2012 -Kirloskar Ferrous Industries Ltd has that the

installation of Sinter Plant has been completed at the

works of the Company at Koppal, Karnataka.

PURCHASE DEPARTMENT

Mission of the purchase department

To ensure the availability of the right quality at right time with right place.

The main function of purchase department is to purchase raw material after

concerning with the production dept and storage dept of raw material is made

depending on the demand of the pig iron in the market and orders from the buyers.

The main ingredients, which are prepared by the company, are as

follows.

A)Ores: This includes iron and manganese ore, which are brought from

the Hospet and Bellary Iron ore belt.

B)Fuels: which includes low ash metallurgical coke as low ash content in

Indian coke there, coke is imported from china and Japan fluxes are

purchased from the Bagalakot and Nearby places they are totally cost

about 150 lacks per month.

C)Others: consumable and spares, diesel furnaces oil etc these are

purchased at required time and they cost about 50 lacks / per

month(approximately)


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STORES DEPARTMENT

In the stores department the items are stored depending upon their time of

utilization.

A) Slow moving: This includes the items which are ors, used very slowly

or very rarely as per the requirements these includes such motors, insure spares

capital items.

B)Non-moving: These items are purchased only at once items are fixed up to the

liquidation of the company.

C)Fast moving :These items used and items are items are ms e stored at

regularly intervals of time these items stored under this category includes raw

materials, consumables spares, production consumable such as landing pipes hock

mats, minimize and reordering quantity, mechanical spares such as oil seals

bearing , drill bits etc.

All the items, which are stored, are consumed on the basis of FIFO the itemswhich are stored are utilized first depending on their requirements the items which

are stored in stores are first inspected and after inspection tag is attached to that

item.


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FINANCE DEPARTMENT

Finance department deals with various functional activities of the

organization. The books of records of KFIL is maintained by fully own built

software system.

Functions of finance department:

1. Funding activity

Banks provide both long-term and short-term funds.

Long-term funds like debentures, term loans, etc are used for project

financing.

Short-term loans are taken to meet the working capital requirement.

Commercial banks help in providing short term funds.

Individual banks will not finance the whole requirement but

They will share with other banks

. The finance department will be having the continuous communication with

the head office, so that the corporate office can transfer the funds to its unit. This iscalled as Fund transfer booking.

2. Treasury function

They will maintain cash or bank balance book for any payment. They will

use only cheques for making transactions.

3. Book keeping

A company should maintain books of accounts. There is an own built

computerized system including the accounts of sale, purchase, cash/bank, stock,

tax, fixed assets, etc.


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The department has to disclose the information by closing the books

monthly. The books disclose the information to the share holders of the company.

Name of Employee

Officer 11

Assistant 09

Trainee 03

Vacant 01

4. Audit

There are two kinds of audit:

Internal audit calls some of the outsiders or company people then self

conducts audit and it is disclosed to the department only.

Statutory audityearly report is addressed to the share holders.

Finance Policy of [Kirsloskar Ferrous Industries Limited]:

To achieve the company mission the finance team and endeavours for

realization of value of the company by meeting the requirement of,

Finance CAPEX and SUPPORT business ( Capital )

Growth through innovative finance tools

Employees

The government exchequer

Banks and financial institutions

Customers and suppliers

Promoters and shareholders.


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BANKERS:

Bank Of Maharashtra

Axis Bank Ltd.

HDFC Bank Ltd.

Canara Bank

The Hongkong & Shanghai Banking Corporation Ltd.

ICICI Bank Ltd.

DBS Bank Ltd.

SBI Bank


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SWOT ANALYSIS :

Business for us is when you have the time to show that you care

SWOT analysis is a strategic planning method used to evaluate the Strengths,

Weaknesses, Opportunities, and Threats involved in a project or in a business

venture. It involves specifying the objective of the business venture or project and

identifying the internal and external factors that are favorable and unfavorable to

achieve that objective.

A SWOT analysis must first start with defining a desired end state or objective. A

SWOT analysis may be incorporated into the strategic planning model. Strategic

Planning has been the subject of much research.

Strengths: attributes of the person or company that is helpful to achieving

the objective(s).

Weaknesses: attributes of the person or company that is harmful to achieving

the objective(s).

Opportunities: external conditions that is helpful to achieving the

objective(s).

Threats: external conditions which could do damage to the objective(s).

STRENGTHS:

Established market/ brand name

Delivery to customer as per schedule.

Easily availability of skilled and semi skilled human resources due to

presence of villages and ITI, Diploma,and engineering institution nearby.

Wide distribution network

Impact on international steel prices and domestic steel prices.


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Low cost of production by use of Russian technology (Hot Blast Stove)

The company will always try to update itself with the latest technology this

sense of responsibilities helps them to survive in the market.

One of the leading manufacturers of foundry products used in the

automotive industry

Company has full fledged Maintenance department both in the pig iron and

foundry divisions. These are manned by experienced and qualified

personnel.

Foundry follows international quality management systemand is also

certified for ISO : TS 16949-2004.

The Company is promoted by the diversified and well known Kirloskar

Group and has the advantage of having behind it a vast experience in the

field of industrial manufacturing. The Kirloskar Group has immense

accumulated experience in promoting and managing the foundries as they

were one of the pioneers in the field of foundry. This experience in

manufacturing systems, quality systems and HR practices are available to

the Company. Location and raw material availability

The Company has its plant strategically located to service customers in

south, central and western parts of India.

Rich iron ore deposits are available at Hospet-Sandur-Bellary belt. Other

important raw materials such as limestone, Dolomite, Quartzite &

Manganese ore are available in immediate vicinity.

The nearest seaport is Goa which is 320 kms from the plant, also well

connected by rail and road. Alternatively, Chennai and Mangaloreseaports

are also well connected.

company source water from Tungabhadra Reservoir through pipelines which

is around 5-6 kms from the factory.


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WEAKNESS:

As customers expectations are increased day by day it has become difficult

to ssatisfy them completly.

Already at peak utilisation of current capacity.

Total dependence on imported coke

Weakness core expertise on prevention maintenance.

High coke consumption due to higher fines and handling costs due to

multiple handling.

Poor market share in eastern and northern part of the country

company source its entire requirement of sand from a single suppliercompany purchase sand which we use in our manufacturing process from

one single supplier i.e. Mangalore Minerals Private Limited based on

purchase orders which are issued on an annual basis. In case, its supplier is

unable to supply sand in the required quality and quantity and the required

time, it may adversely affect their manufacturing process, ability to meet

production schedules


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OPPORTUNITIES:

The company has a good share in the market, scope for further growth.

Improvement in internal and customer end quality growth in Indian foundry

capacity.

Strong financial position makes it possible for the company to adopt new

technology in its operation

Chance of restricting the export of iron in future encourages Indian steel

factory.

As company good market edge, it can market 20,000 per month of foundry

grade pig iron every month.

As the company is committed to produce quality products, it results in

attracting more number of customer and to beat the competition.

THREATS:

1. The prices of KFIL products are comparatively higher than that of

competitors there may by chance of loss of customers.2. Threat from government.

3. Threat from natural resources.

4. Imposition of sales tax and VAT

5. Threats of using substitutes products like plastic and fiber

6. Many new steel industries are being raised like mushrooms Hospet and

koppal which may in decline in demand for KFIL products.

7. Iron ore is a major raw material required for production of pig iron. Delay in

starting of the closed mines may force of the company to source the iron ore

from outside the state. thereby increasing the sourcing cost of iron ore on put

pressure on profitability.


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8. Demand for the auto and tractors have a direct impact on the performance of

company and adverse market condition for these sectors will result into

reduced capacity utilisation and profitability.

9. Depreciation of rupee vis-a-vis US Dollar can lead to an increase in price of

coke and in the price of crude oil resulting in input costs, thereby putting

pressure on profitability.

FINDINGS:

KFIL is one of the few foundries which produce automotive and tractor

castings with backward integration with liquid metal from the blast furnace.

This results in significant savings in melting power and ensures supply of

consistent quality liquid metal.

As a part of its corporate responsibility to the society, Company has been

supporting and providing assistance to nearby villages at Hospet by supply of

good quality drinking water and educational assistance for the village people.

Also some basic facilities such as roads, drainages, school building and

medical centre have been provided though the Trust set up by Company.

Biweekly medical checkups by the specialist doctors with medicine is

provided in the neighbouring village. Seed money has also been provided to

rural women for self employment scheme. Financial assistance to needy

farmers and supply of water for irrigation during summer are some measures

taken by the Company.

The manufacturing plants are strategically located near to major customers

and well connected by national highway & railway line.

The closure of mines and non availability of iron ore at reasonable price,

your Company has been able to run both the blast furnaces during the year.


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Commissioning of sinter plant helped the Company to consume iron ore fines

instead of lump ore and get the benefit of price difference and reduction in

coke consumption.

I understand that majority of the employees of the organisation are satisfied

from the recruitment and selection process of the organisation.

It was found that the there is less number of ratios is been maintained in the

books of accounts.

I came to know that most of the employers were influenced by good

incentives and salary.

Canteen facilities are low level of satisfaction.

Lots of wastes coming out from process.

KFIL has very low debt in its capital structure which reflects comfortable

financial risk profile as compared to other players in the industry.

Company construction work is going on

SUGGESTIONS:

The company should take suitable measures to reduce inefficiency,

absenteeism by motivating employees in various ways.

The company should use of sinters to the maximum extent by optimizing

sinter plant operation thereby reducing the cost of iron ore and also

reducing the consumption of coke.

The company should improve the coke procurement strategies.

The employees should be more educated in taking precautionary

measures while they work in dangerous place.


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The organizationshould take more suggestion from workers and they

have to implement seriously.

Production capacity has to increase by adopting high technology

according to demand.

The organisation should adopt various cost cutting measures by:

Reductio in wastage

Reduction in maintenance

The overall performance of the company has to be effective to attract the

customers and to increase its sales.

The company should plan for expansion as they are doing well, expansion

would not be a problem because the company has good sources available.


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Conclusion:

The study carried out as a part of the curriculum requirement of BBA. It gave me

a real exposure to the operational procedure of the company. It helped me to gain

the knowledge about the various activates which are carried out in the company.

The 4 weeks in plant training in KFIL has given a detailed knowledge of

management of an organisation and a clear picture of work flow of the complex

organisation. KFIL has a pig iron plant which is used as a basic raw material for

the production of the steel. This study has given a information of how really a big

organisation works by facing so many hurdles. As it is a pig iron plant it totally

covered by the risks and company is successfully overcoming the problems

In the changed market condition the organization needs to focus on the customer

satisfaction, in reaching out this goal are conclusion basis the management has to

constantly upgrade technology product profile internal work process in the end

ultimately it is the employees who will change the performance of the company.

Therefore motivation must find priority.

During the short period of my study of various departments I found KFIL a well

structured organization capable to maintain inter personal relationships among

employees. Employees are very experienced and very dedicated where they feel

company a home.


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ANNEXURES


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kirloskar ferrous ltd

Documents