company study by minar ispat pvt ltd essay

12/31/2019

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Mr. Muhammed shafi, the managing Movie director of “Minar group” of companies having its corporate office at palakkad, Kerala, India mainly involved in manufacture and provide of various stainlesss steel and allied products near your vicinity for the past ten years and a half. marketplaces its products in the area through a extensive dealers network. Beside Metal Industries, Comer group is definitely an also engaged field like Construction, Education, Wellness, etc Minar ispat (p) ltd, a great ISO 9001: 2000 accredited company back in 2006 for anakuzhikkara s.

o, kuttikatoor, Kozhikode, and Kerala, India can be engaged in production and advertising of high quality Cold Twisted Deformed(CTD) Bars and Rods and Thermo Mechanised Treated (TMT) Bars Top quality M. S Ingots. They will ensure all their quality through ONLINE PC CONTROLLED QUENCHING BOX made and built by M/s RA TMT Bangalore in whose technology qualifies by the auditors of CRM(Centre For Research in Metallurgy) Belgium intended for using the “TEMPCORE” Trade Draw for their products i. elizabeth., the license/trade mark issued to the goods quality (quality parameters)confirming to the international standards.

STRENGTHS

The company offers obtained INTERNATIONALE ORGANISATION F�R STANDARDISIERUNG 9001-2000 qualification

Central management

Good teaching system

Good company climate

Excellent system for making the products

Skilled personnel

Availability of iron ore

Accessibility to labour for low income rates

OPTIONS

Popular of merchandise

Launch of promotional activities

Expansion of distributional areas

Unexplored rural market

Export penetration

RISKS

Competition from other manufacturers

Uncooked material cost is high and increasing

Transportation cost is high

Slow sector growth

Technological alterations

Price sensitivity and demand unpredictability

FINDINGS, CONCLUSIONS, SUGGESTIONS

FINDINGS

Minar ispat pvt ltd produced good quality goods with QC techniques. High competition in the field of steel industry

The working environment is very high-risk

The usage of TMT technology made wonderful impact on the sales volume The Consumir Ispat Pvt Ltd ‘main sales campaign tool is definitely Advertisement through television. The Minar Pvt Ltd has been practicing with an efficient organizational structure The organization has become showing a profitable location

Minar Ispat Pvt Limited, showing a great operational efficiency in all areas. The overall performance of the Minar is exemplary in industry compared to various other similar organization. The accounting system is fully computerized.

IDEAS

The business should recruit fresh individuals by providing necessary schooling and creation so that refreshing ideas may be implemented. The corporation should try to take care of a better working environment. Implement ground breaking marketing.

Find a market research team to learn the day difference in the market and product. So as to compete with presently there competitors, the organization should enhance their quality products by launching modern technology. This will improve the top quality of their goods. The organization should give advertising to the staff on the basis of all their performance. Consider the employees suggestion while taking decision in the organization. To keep daily maintenance in the organization.

Even more advertisement strategy should used for increasing revenue volume.

BOTTOM LINE

This industrial schooling has been completed within frame work laid straight down in the aim of the examine. This analyze has depicted the overall functionality of the corporation and its performance. From the evaluation, it is crystal clear that the firm has been working beneath the efficient company structure. The analysis is indicating the production activities, financial, overall performance, operational efficiency, HR activities etc . in the analysis it can be clear that the organization adhere to good system of organizational efficiency and efficiency.

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overall performance

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