Mec
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Transcript of Mec
BUSINESS INSIGHT
VENKATESH DAMODHARANI-YEAR MBA
SRI KRISHNA COLLEGE OF ENGINEERING AND TECHNOLOGY
SELECTED COMPANY
ABOUT MEC Leading Producers of Machines and Engineering
Products.
Office and Factory located at Coimbatore.
Annual turn over of 250 crores.
Known for it’s excellent customer care and services.
MOTTO OF MEC
o " Innovation and technological changes are the essence of survival. Developing and refining of new processes and methodologies is an integral part of our overall business."
STRENGTHS OF MEC The strength of the company is adopting latest
technologies through committed research, consistent Innovation, customer satisfaction through value added services.
MEC products represent high quality, security and performance with precise accuracy in its functionality.
MEC is committed to satisfy the customer through efficient manufacture and timely supply of products through involvement of suppliers.
MARKET OF MEC
Apart from India, machines from MEC are sold in countries like reaching across to U.S.A, Europe, WestIndies, Oman, UAE, Maldives, South Africa, Sri Lanka, Vietnam and more than 40 countries.
QUALITY CERTIFICATIONS
o ISO 9001- 2000 certified company
o Labor Certification
PRODUCTS
Concrete Mixer Concrete Block Making Machines Fly Ash Machines Clay Brick Making Machines Earth Ramer
CONCRETE MIXER
FLY ASH MACHINES
CONCRETE BLOCK MAKING MACHINES
CLAY BRICK MAKING MACHINES
EARTH RAMMER
CUSTOMER RETENTION & SATISFACTION
Average profit of 75% for customers using MEC products.
Quick and Quality Services are provided. Services are provided after a particular period of
time voluntarily. Working hard to consistently maintain the
goodwill of the company among the customers. Picking up the customers.
MANAGING THE HUMAN RESOURCE Staffs are classified as
TechnicalNon – Technical
Salary is given on monthly basis even for non – technical
No work pressure and targets for the employees
Managers ensure that the employees are always on their toes.
EMPLOYEE RECRUITMENT & RETENTION
No agencies are involved Problem with the agencies Only direct recruitment through interview No problem in retention People are happy working in MEC
LEAVE POLICY
Government Holidays, Diwali, Pongal, Azutha Pooja.
As per the corporate norms leave is not given. The customers will come during the holidays
only In case of emergency the employees could avail
leave.
MARKETING TECHNIQUES
Wall Street, News paper, Online Marketing.
No Television ads.
Marketing budget is allocated separately in their net profit.
DIFFERENCE BETWEEN DOMESTIC & INTERNATIONAL MARKETS
Domestic market is more specific than the international market.
Specifications are demanded more from the domestic clients.
More land space in our country so we use stationary machine.
Due to lack of land space egg laying machines are used in foreign countries.
FUTURE INNOVATIVE PRODUCTS
To prepare machines that could manufacture fly ash bricks from the waste.
To prepare machines that could manufacture bricks from the dust of coconut tree and cement.
LEARNING OUTCOMES
Learnt about the strengths and the products of the company.
Learnt about the customer retention and satisfaction process.
Learnt about the Human Resource Policies of the company.
Learnt about the future market of this industry.
Queries
EFFORT NEVER DIES