Larsen and toubro ltd

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LARSEN AND TOUBRO

Transcript of Larsen and toubro ltd

LARSEN AND TOUBRO

GROUP MEMBERS

ARCHANA MANE :- 28

ANKITA TARWADE :- 60

ASHWINI BIRAMANE :- 07

SHEBAJ PATHAN :- 39

INTRODUCTION ABOUT PRODUCTION AND OPERATION

MANGEMENT• Production : The use of resources, such

as workers and machinery, to convert materials into finished goods and services

• Production and Operation Management : The process of overseeing the production process by managing the people and machinery that convert materials and resources into finished goods and services

SOREN KRISTIAN TOUBRO

HENNING HOLCK-LARSEN

FOUNDERS OF LARSEN AND TOUBRO

INTRODUCTION• Founded in Mumbai in 1938 by two Danish Engineers,

HENNING HOLCK-LARSEN and SOREN KRISTIAN TOUBRO.

• One of the largest and most Respected Companies in India’s private sector.

• An Indian Multinational Conglomerate • LARSEN AND TOUBRO is a major Technology,

Engineering, Construction and Manufacturing Company.• L&T ranked among Asia’s Top 5 most sustainable

companies.• L&T became a private limited company in 1946. It then

became a public limited company in 1950.

WHY LARSEN & TOUBRO ….??

• L&T is having capabilities in most core economic sectors like, transpiration infrastructure, urban infrastructure, hydrocarbons, power and industrial projects.

• It is having collaboration with the global leaders in technology and projects.

• L&T is having manufacturing facilities in India, China, Oman and Saudi Arabia.

L & T CONSTURCTION• L&T Construction ranks among the top

international contractors.• Its portfolio encompasses engineering,

design, procurement and construction of buildings, infrastructure and industrial development projects covering civil, mechanical, and electrical and instrumentation disciplines.

• Sophisticated construction equipment and project management tools for quality, safety and speed are used.

OPERATING DIVISIONS• Engineering and Construction project (E & C)• Heavy Engineering (HED)• Engineering Construction and Contracts (ECC)• Electrical and Electronics (EBG)• Machinery and Industrial Products (MIPD)• Information Technology and Engineering Services

L& T: Larsen & Toubro Ltd – an engineering and construction major .It is most reputed companies in India’s private sector.

L &T Group

Electrical & Electronics

Engineering & Construction

Technology Services

Information Technology

Infrastructure Development

Projects

Machinery &

Industrial Production

Financial Services

• The most important link in Supply Chain Management, supports the global operations of the Company by catering to the needs of all its offices, factories and projects spread across India and abroad.

• To manage the growing business volume and to support the Division's global operations, procurement offices have been established in China . • The Resources Support Department fulfills the resource requirement of manpower and Plant & Machinery for various projects .

SUPPLY CHAIN MANAGEMENT

CONCLUSIONADVANTAGES OF L&T COMPANY

DISADVANTAGES OF L&T COMPANY

• Great place to work

• You get to different responsibilities • Chance to develop your basic skills • Taking Care of Employees through

right time Payment/Health care/Appreciation/Security etc.

• Good training programmes.

• Work duration is more- 14 to 15 hours a day & feels like whole life is in L&T.

• Lesser yearly bonus.

• The management at higher level don't keep a watch on the good employees.

RECOMMENDATION• L & T is one of the leading player in Indian

industry.

• Poised for good growth in future considering the got focus and spending on infrastructure, power and its strategic plans.

• But it need to work on a plan to manage its operational efficiencies.

ANNUAL REPORT

FUTURE PLANS

Chairman of L&T

A.M. Naik.

Going forward, my plan for the next two-and-half years is to work on the next five- year plan – 2016 to 2021 – to build a team and complete the succession planning exercise.

L & T has too many businesses and needs to reduce complexity by rationalising its portfolio so that it can achieve greater focus.

L & T has business interests in construction, heavy engineering, power shipbuilding, defence manufacturing, information technology, finance and realty.

IT’S ALL ABOUT IMAGINEERING…….

THANK YOU..!!