Name: SYNTHYA JENNIFER Reg. No.: 112GCMAO20
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Transcript Name: SYNTHYA JENNIFER Reg. No.: 112GCMAO20
Internship Training
At
Rail Wheel Factory
Yelahanka, Bangalore 560064
COMPANY PROFILE
The Indian railway network is one of the largest in the world under one
management. Indian railways come under the jurisdiction of Ministry of
Railways and are by the railway Board.
The Planning Commission sanctioned the Rail Wheel Factory Plant project
in 1978 at a cost of Rs.146 Crores. Trial production commenced during
1983. Late Smt. Indira Gandhi, the then Prime Minister of India formally
commissioned the plant on 15 September 1984.
Rail Wheel Factory (earlier known as Wheel and Axle Plant) is situated in
Bangalore, India.
It is a state-of-the-art plant, meeting bulk of the requirement of wheels,
axles and wheel sets for the Indian Railways.
Bullets trains which moves with magnetic instead of iron wheels.
VISION , MISSION
VISION - “To become a renowned global leader in the Business of
developing and manufacturing Cast Steel Rail Road Wheels, precision
Forged Axles and immaculately assembled Wheel sets”.
MISSION - To emerge as a unique global centre for design, development
and manufacturing excellence of our products through continuous
improvement by upgrading our quality, reliability, dependability and value
addition in a deliberate and proactive manner.
To develop our human capital by constant enhancement of their technical,
managerial & innovative capabilities.
To promote ethical business practices and values in the true spirit of
corporate governance
ORGANIZATION CHART
STUDY OF FUNCTIONAL
DEPARTMENTS
PRODUCTION DEPARTMENT
Production is the process by which raw materials and other inputs are
converted into finished products and creation of value for the final product
which is the wheel and axles.
Plant utilizes Railway scrap as raw material. The scrap is melted in three
Electric Arc furnaces.
Wheel Manufacturing: The casting is done in graphite moulds, which are
precision-machined using forming tools.
Axle Manufacturing: Axles are manufactured from billets cut from blooms
supplied by reputed indigenous Steel Plants.
Wheel set Assembling :The Wheel Press Complex is capable of pressing
180 wheel sets per day. A new Wheel Assembly Complex, with a capacity to
produce up to 300 wheel sets per day,
MARKETING DEPARTMENT
Mr. R.K. Sinha is the Chief Material Manager, he has to supply minimum 60% of
the ordered quantity.
Procedure Followed:
Purchasing raw material at economical price
Fixing ordering point
Safety stocks
Vendor selection
Proper utilization of raw materials
STRENGTHS
Timely delivery and maintenance of raw materials.
WEAKNESS
Monitoring the raw materials is not done regularly.
OPPORTUNITIES
The capacity of the storage can be increased to store more raw materials.
THREATS
Defective raw materials may affect the production.
HUMAN RESOURCE DEPARTMENT
The main business of Indian Railways is the carriages are the biggest employer since
more than 16 lakhs of employees are working in Railways.
Recruitment.
Transfer/Promotion
Selection
Issue of Pass & PTO’s
Service Records
Classification of the Employees
Group A
- Executive Level
Group B
- Supervisory Level
Group C
- Auxiliary Level
Group D
- Supporting Level
STRENGTHS
Training programmes are conducted in order to enhance the skills of the employees.
WEAKNESS
Recruitment is restricted only through the Railway Board Exams.
OPPORTUNITIES
Job safety is more and hence many will be attracted to join the company.
THREATS
Pay packages of other companies.
FINANCE DEPARTMENT
FUNCTIONS
1.
Ensures that the expenditure has been properly and fully documented and
has been recorded.
2.
The bill should be in original and in prescribed form.
3.
Ensures that the bill has been signed by the officer’s component, signature
tally with those available in the records.
STRENGTHS
Funds required are provided by the central government.
WEAKNESS
Restricted to government policies.
OPPORTUNITIES
Union government will provide funds to meet the additional requirements of the
company.
THREATS
Energy consumptions are more and it causes more effect on yearly expenses.
SWOT ANALYSIS OF THE COMPANY
STRENGTHS
Highly qualified executives and non executives in the management.
Well equipped chemical and metallurgical laboratories.
Satisfied and loyal customers.
The environment in RWF is very conducive to all workers.
WEAKNESS
There a set of rules, each proposal has to fulfill the requirement of those
rules.
OPPORTUNITIES AND THREATS
OPPORTUNITIES
Competitive environment calls for improvement and increase
in productivity.
Introduction of new machines to update new technology.
RWF has an opportunity to increase plant capacity as per the
future.
THREAT
Bullets trains which moves with magnetic instead of iron
wheels.
Expenditure can be made only by the sanction from the
parliament.
FINDINGS
Organization has good infrastructure facility.
Organization provides regular health check up to the employees which
shows that the company is very much concerned about the employees.
Develop National language (Hindi) training is given to every employee.
Vigilance department plays a vital role.
Good motivational factors provided to employees.
Organization has fully automated machines for the production.