INTERNSHIP STUDY AT BOSCH COMPANY

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INTERNSHIP STUDY AT Ms. Dafny Glenda . D. Reg. No. 11P6CMA013 UNDER THE GUIDANCE OF Prof. VENKATESH.R COMMUNITY INSTITUTE OF MANAGEMENT STUDIES

Transcript of INTERNSHIP STUDY AT BOSCH COMPANY

INTERNSHIP STUDY AT BOSCH

INTERNSHIP STUDY AT

Ms. Dafny Glenda . D. Reg. No. 11P6CMA013

UNDER THE GUIDANCE OF Prof. VENKATESH.R COMMUNITY INSTITUTE OF MANAGEMENT STUDIES

INTRODUCTION

OBJECTIVES OF THE STUDY

To study the functions of various departments in detail.To find out solution to the problems faced by the organization.To gain knowledge by practical exposure to the working environment in the organization. To know the various policies and procedures followed in the organization.To analyze the overall performance of the organization.To propose suggestions if any.To make SWOT ANALYSIS of the Organization.

. INDUSTRY PROFILE

The automotive industry designs, develops, manufactures, markets, and sells motor vehicles, and is one of the worlds most important economic sectors by revenue. The first practical automobile with a petrol engine was built by karl Benz in 1885 in Mannheim, Germany .

Automotive industry in IndiaIndia automobile sector can be categorized into 4 segments , these include 2wheelers,passenger vehicles,commericial vehicles and tractors. Indian automobile manufactures over 13 million vehicles and exports about 1.5 million every year. Indias passenger car and commercial vehicle manufacturing industry is the 6th largest in the world, with an annual production of more than 3.9 million units in 2011.It provides direct and indirect employment to over 13 million people.

Name- BOSCH Established- November 15 1886 Founder & promoter- ROBERT BOSCH Company Type - Automobile Employees 5700+ Presence 150 countries and 350 subsidiariesRevenue Rs 7929.5 crNumber of patents 4100

COMPANY PROFILE.

Bosch is also represented by 5 other group companies in India.Robert Bosch Engineering and Business Solutions Ltd.Bosch Rexroth India Ltd.Bosch Chassis Systems India Ltd.Bosch Automotive Electronics India Private Ltd. Bosch Electricals Drives India Private Ltd.

Major competitorsZexel, TVS, nippo, siemend , denso, lucas, NGK, delphi, electrex, champion.

PRODUCT RANGE

Organizational structureDEPARTMENTS OF BOSCH

FINANCE DEPARTMENT

The CFA department looks after the controlling, finance & accounting for Bangalore plant (BanP) & Nagnathapura plant (NhP).CFA comprises of 7 departments- CFA1,CFA2,CFA3,CFA4,CFA5,CFA6,CFA7.IFRS_ is used to show the statements of the financial position , profit & loss account , changes in equity, cash flow statement and accounting policies. AUDITORS- M/s. Price Waterhouse &Co. , Chartered Accountants.BANKERS- State Bank Of India, Canara Bank, Citi Bank and Deutsche Bank. Turn over Rs.7929.5 cr , Rs.6587 million , ROI-Rs.724.57 million. Marketing department

The marketing department is headed by the sales and automotive aftermarket division (SAA) and sales original equipment(SOE).Status in market Totally there are 13 departments and 110 employees Advertisement is promoted to power tools and security systems and not for automobile parts and home appliances. Separate costing department is assigned to fix the prices of the products. Distribution channels include distributors, wholesalers , retailers and agents.Segmentation in all 4 metro cities.

Major customers of bosch Hero honda, maruti suzuki,honda , hindustan motors , mahindra , bajaj , kirloskar , ashok leyland , hyundai , ford , kinetic , tata , eicher , general electric.

PRODUCTION DEPARTMENT The products manufacturing Divisions at Bangalore plant are as followsMFP- manufactures P ,A,PE ,Feed Pumps, etc( Single to 12 cylinders )MFD- manufactures different types of Delivery valveMFE- manufactures different types ElementsMFR- manufactures common rail PumpsMFV- manufactures VE Distributor pumpMFF- manufactures PF-33,45 & other pumps ( Mono Block )

The inventory comprises ofSemi Finished & finished goods/Products/Components, etcWork in progressRaw materials & Materials such as oils, coolants ,iron rods , steel sheets etc.

The Production System is based on Toyota Production System.There are 2500 SPMs . The Goa plant is famous for packaging technology.

Production ProcessAs per BPS Principles & Elements Inventory is maintained i.e. from min 3 days to max 45 days to meet the requirement of manufacturing departments. The raw materials are purchased from various steel, iron and heavy metal industries as per the requirement. The tools and equipments used for the manufacturing the goods and automotive spare parts are stored in hardware rooms and each tools, coils, equipments bolts and nuts have standard code and are monitored by electronic devices to check the availability. Most of the machines are automated and few of them have to be operated manually. There is Special Purpose Machines top manufacture the spare parts only for Bosch products. Each machine has specific code.The product or the spare parts are designed or drawn in drawing room then the dimensions and measurements are taken the steel or iron are melted and cutted by fine blade machines then it is brought to required shape as per the product design.The molded parts are given heat treatment to enhance the durability then it is cooled and polished, then it is painted by powder coating technique for uniform spread further it is tested in R&D Department after the positive result and then it is sealed and labeled,and it is packed. HUMAN RESOURCES DEPARTMENTThis department playing very important role in the success of company. The total employees of BOSCH is more than 5700 and in Bangalore plant HR department is known as BanP/HRL.

FUNCTIONS OF HR DEPARTMENTRecruitmentTraining and DevelopemntPerformance appraisalLabour welfare activitiesCompensation and benefitsIndustrial relation

Salary SchemeForm Bargainable employees to executive employees 25000 - 60000For contract labourers _ 6500 7000 TRADE UNIONThere is a trade union called Mico Employees Association (MEA). Established in the year 1956.

SWOT ANALYSISFINDINGSIt has excellent infrastructure and manufacturing facilities. Safety is given high importance.Neat cafeteria and healthy foods are served for the company members.Effective waste management methods.All 9 Departments have separate meeting rooms.Photovoltaic (solar) panels are installed on the terrace of cafeteria.The entire inventory management is computerized.The shift timing is divided in such a way that it is easy for the workmen to be punctual.Discipline is being followed and the work culture is good. Pollution level is low.5-S culture is being followed partially.BPS is under implementation.Employee satisfaction level is high & grievances are minimum.SUGGESTIONSSecurity systems may be very much improved by using electronic security devices at all gates.Cleanliness & orderliness has to be further improved..Employees are to be trained to use appropriate safety device. Production process is to be modernized from time to time.Continuous training inputs are to be given to enhance overall development of employees.Career planning is to be made to keep the workforce motivated.Replacement of old machines are to be made as per replacement plans.

ConclusionBOSCH has grown from being the pioneer of automotive sparkplugs and diesel fuel injection equipment to become one of the greatest automotive ancillary industries in India. Their vision to become a globally competitive company not only in costs, but also in their entire business. BOSCH expanding business, particularly in exports and integration of its outlook. Leveraging the Internet for its business is a strategic focus area. BOSCH regularly updated company website will definitely enable the customers to access comprehensive and current information.With BOSCH Application Centre, manufacturers can now upgrade their vehicles with various parameters like low fuel consumption, increased power, reduced noise and improved performance.

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