Organisation Study at Minar Ispat PVT LTD Essay

Mr.Muhammed shafi, the managing Director of Minar group of companies with its corporate character at palakkad, Kerala, India mainly engaged in manufacture and supply of assorted steel and allied outputs in the country for the past decade and a half . market places its products in the country through a wide dealers network. Beside steel Industries, Minar group is an also engaged field like Construction, Education, Health, etc Minar ispat (p) ltd,an ISO 90012000 certified go with in the year 2006 at anakuzhikkara p.o,kuttikatoor ,Kozhikode, and Kerala, India is engaged in manufacturing and marketing of mellowed quality Cold Twisted Deformed(CTD) bar and Rods and Thermo Mechanical Treated (TMT) Bars Quality M.S Ingots. They ensure their quality through ONLINE COMPUTER CONTROLLED QUENCHING niche manufactured and erected by M/s RA TMT Bangalore whose technology is sanction by the auditors of CRM(Centre For Research in Metallurgy) Belgium for using the TEMPCORE Trade Mark for thei r products i.e., the clear/trade mark issued to the products quality (quality parameters)confirming to the international standards.STRENGTHSThe company has obtained ISO 9001-2000 certification centralized managementGood training placementGood shapingal climateExcellent infrastructure for manufacturing the productsSkilled employeesAvailability of iron oreAvailability of bear on at low wage ratesOPPORTUNITIESHigh demand of productIntroduction of promotional activitiesExpansion of distributional areasUnexplored rural marketExport penetrationTHREATSCompetition from other manufacturersRaw material speak to is elevated and change magnitudeTransportation cost is highSlow sedulousness growthTechnological changesPrice sensitivity and demand volatilityFINDINGS,CONCLUSIONS,SUGGESTIONSFINDINGSMinar ispat pvt ltd produced high quality goods with QC techniques. High competition in the field of steel effortThe working environment is very riskyThe use of TMT technology make great impact on the sales volume The Minar Ispat Pvt Ltd main sales promotion tool is Advertisement through television. The Minar Pvt Ltd has been working with an efficient organizational structure The organization is now showing a profitable rigMinar Ispat Pvt Ltd, showing an excellent operational efficiency in all areas. The mathematical process of the Minar is exemplary in market compared to other similar institution. The accounting system is fully computerized.SUGGESTIONSThe organization should recruit fresh candidates by imparting infallible training and development so that fresh ideas can be implemented. The organization should try to maintain a better working environment. Implement groundbreaking marketing.Appoint a market research team to know the solar day change in the market and product. So as to compete with at that place competitors, the company should emend their quality products by introducing modern technology. This will improve the quality of their products. The organiz ation should give promotion to the workers on the basis of their performance. consume the employees suggestionwhile taking decision in the organization. To keep daily maintenance in the organization.More advertisement technique should used for increasing sales volume.CONCLUSIONThis industrial training has been completed within skeletal frame work laid down in the objective of the study. This study has depict the overall performance of the organization and its efficiency. From the compendium, it is clear that the organization has been working under the efficient organizational structure. The study is indicating the production activities, financial, performance, operational efficiency, HR activities etc.from the analysis it is clear that the organization follow a good system of organizational efficiency and effectiveness.