AND METALLURGICAL
PIPE AND TUBE
INDUSTRY AT
COIMBATORE
CHAPTER I
ABOUT INTERNSHIP TRAINING
The modern concept of internships essentially springs
from the medieval apprenticeship, in which skilled
laborers (often craftsmen) would teach a young person
their trade and, in exchange, that person would agree
to work for the teacher for a certain length of time.
The main difference between an apprenticeship and an
internship is that internships are more exploratory.
You're not bound to work for your employer after the
internship is over (although many interns do receive
job offers). If you start early enough to do a few
internships throughout college, you can use the first
ones to get a feel for what career you'd like to pursue
and the later ones to build your experience.
OBJECTIVES OF THE STUDY
To review the literature on inventory
management and its implementation concepts.
To study the current trends of the order
quantity, demand and price of the operation for
the production of 3HP bore well submersible
pump.
To analyze existing production process and
identify possible sources of improvement in
inventory management practices.
To recommend the findings of this study to the
manufacturing company
SCOPE OF THE STUDY :
SWOT ANALYSIS
Stanley material and metallurgical pipe and tube industry is the number
one pipe fitting manufacturer in south india and it has received the best
ISI mark for quality. In august 2001, star became the first stanley
material and metallurgical pipe and tube industry fittings manufacturer
in south india to receive the ISO 9002 certification.
International standard that is being followed as far as the quality
of the products is concerned.
Has well trained employees to operate the machines.
Provides excellent services to its employees like canteen,
medical facilities, transportation etc.
Premises are huge and designed in such a way that the raw
materials can easily transferred from one department to another.
Safety is given main preference.
Discipline is being followed.
Pollution level is low.
Quality of the products is assured by doing nine different
quality tests.
Everyday feedbacks are taken.
Excellent training and development system.
Employee performance appraisal system.
No discrimination for race, religion, decision making and
actions.
SUGGESTIONS:
Problems can be detected early and treated to prevent
deterioration welfare and cost reduction.
Annual medical checkup for all workmen and employees. A
small amount can be deducted from the salary one time.
Cleanliness and orderliness has to be further improved.
Improve security measures by using electronic devices at all
gates.
Advertisement need improvement (currently advertisements
is done through print media only, need to be done in visual
media also).
CONCLUSION
The study conducted at Stanley material and
metallurgical pipe and tube industry which is the pioneer and
market leader in the pipe product in South India, helped in getting a
wider outlook about the business environment and managing an
organization. Organization has six production centers and five
marketing branches spread all over South India and Middle East
Asia, with operation all over the world.
It was a general study regarding all functions and aspects of
Stanley material and metallurgical pipe and tube industry. The
company has seven functional departments through which it was
operating. It is found that company has a good working environment
and cordial relationship is maintained between all departments for
the smooth functioning and achievement of the organization goal of
maintain the company’s brand image among the customers.
BIBILIOGRAPHY