Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
a) INDUSTRIAL PROFILE:
During struggle for independence MR. Jawaharlal Nehru, our first prime minister, had
very clear vision about the role of steel in the development of our country although
TATA Iron &Steel company [TISCO] has been establish in 1907 marking the
beginning of Indian steel industry followed by Indian steel company. [1918], they
were too small to meet the development requirement of a big country like ours.
Therefore, in the 1st industry policy resolution of the govt...Soon after independence.
Govt. decided to establish steel plants in public sector. However, work could be started
at fast pace only in1954, when Hindustan steel Ltd., was formed and three steel plants
of 1mt capacity each, were established with provision of further expansion at Bhilai.
Rourkela and Durgapur with assistance from USSR, West Germany and U.K
.respectively.
To improve the functioning of steel Industry, Government. Decided to from a
holding company during 1972, which was named as steel authority of India[SAIL]and
the same was incorporated on January 24,1973, with authorized capital of RS.2000
crores.
SAIL was formed by registration of a company under company’s act and not by
act of parliament decided to abandon the holding company concept in 1978 and a bill
was presented to the loksabha. Accordingly, SAIL was again recognized in the
following manner.
Hindustan steel ltd, Bokaro Steel Ltd, Salem Steel ltd SAIL international ltd
Bhilai Ispat Ltd, Rourkela Ispat Ltd, Durgapur Mishra Ispat ltd wholly owned
subsidiaries of sail merged into it and started functioning as units of SAIL.
MECON, HSCL and NMDC become important companies and started
functioning under ministry of steel. However, kiriburu and meghatuburu iron ore
mines were attached with BSL as their captive mines.
Bharat Refectories Ltd. Also become independent under the ministry of steel and
refractory unit also came under them.
Thus sail at present is having capacity of 10.9 MT of crude steel through its four
integrated steel plants, at bhilai, bokaro, Durgapur and Rourkela. Two special steel
plants at Durgapur and salem produce a wide distribution network consisting of a
chain of stock yards and distribution centers.
COMPANY PROFILE:-
a). BACKGROUND AND INCEPTION OF THE
COMPANY
Bhilai steel plant is the leading steel-making company in India. It is a fully integrated
iron and steel maker, producing both basic and special steels for domestic
construction, engineering, power, railway, automotive and defense industries and for
sale in export markets. Ranked amongst the top ten public sector companies in India in
terms of turnover, BSP manufactures and sells a broad range of steel products,
including hot and cold rolled sheets and coils, galvanized sheets, electrical sheets,
structural, railway products, plates, bars and rods, stainless steel and other alloy steels.
SAIL/BSP produces iron and steel at five integrated plants and three special
steel plants, located principally in the eastern and central regions of India and situated
close to domestic sources of raw materials, including the Company's iron ore,
limestone and dolomite mines. The company has the distinction of being India’s
largest producer of iron ore and of having the country’s second largest mines network.
This gives BSP a competitive edge in terms of captive availability of iron ore,
limestone, and dolomite which are inputs for steel making. Sail’s wide range of long
and flat steel products are much in demand in the domestic as well as the international
market.
This vital responsibility is carried out by BSP own Central Marketing
Organization (CMO) and the International Trade Division. CMO encompasses a wide
network of 34 branch offices and 54 stockyards located in major cities and towns
throughout India. With technical and managerial expertise and know-how in steel
making gained over four decades, SAIL's/BSP Consultancy Division (SAILCON) at
New Delhi offers services and consultancy to client’s world-wide. BSP has a well-
equipped Research and Development Centre for Iron and Steel (RDCIS) at Ranchi
which helps to produce quality steel and develop new technologies for the steel
industry. Besides, BSP has its own in-house Centre for Engineering and Technology
(CET), Management Training Institute (MTI) and Safety Organization at Ranchi. Our
captive mines are under the control of the Raw Materials Division in Kolkata. The
Environment Management Division and Growth Division of BSP operate from their
headquarters in Kolkata. Almost all our plants and major units are ISO Certified.
Major Units
Integrated
Steel Plants
• Bhilai Steel Plant (BSP) in Chhattisgarh
• Durgapur Steel Plant (DSP) in West Bengal
• Rourkela Steel Plant (RSP) in Orissa
• Bokaro Steel Plant (BSL) in Jharkhand
• IISCO Steel Plant (ISP) in West Bengal
SUBSIDIARY
Joint Ventures
SAIL has promoted joint ventures in different areas ranging from power plants to
e-commerce.
Company Pvt. Limited managing the 302-MW power generation and 1880 tons
per hour steam generation facilities at Bokaro Steel
Plant.
SAIL- BANSAL SAIL has formed a joint venture with BMW industries
SERVICE CENTER LTD. On 40:60 basis to promote a service centre at
BSP has also incorporated a joint venture company with M/S Jaiprakash Associates
Ltd to set up a 2.2 MT cement plant at BHILAI..SAIL/BSP has signed an MOU with
Manganese Ore Ltd [MOIL] to set up a joint venture company to produce
ferromanganese and silico-manganese at Bhilai
Bhilai Steel Plant, an integrated steel works, was commissioned in 1959 with
production capacity of 1.0 million tons of steel. In successive phases, capacity was
enhanced to 2.5 and 4.0 million tons in the year 1962 and 1984 respectively. Figure
depicts facilities available with Bhilai Steel Plant for 4.0 mt production. As of now this
is the largest steel plant in India with present capacity utilization more than 100%.
Living up to the demand of the growing economy of the country, the plant produces
wide range of products. This includes Rails, Wire Rods, Plates and Merchant products.
Commitment to quality and customer satisfaction has resulted in consistent R & D
efforts culminating in development and commercialization of distinctive new grades
like SAILMA, UTS-90 etc. Bhilai Steel Plant could dream and implement the project
of long rail ( 78 meter and above ) inconsistence with it’s reputation with in-house
know-how. This was a basic demand Human resource management is exemplary in
Bhilai Steel Plant. It is worthwhile to note that Bhilai Steel Plant registered maximum
profit in 2004-05 among all public sector steel plants in spite of coal crises during first
six month and hike in coal price. The annual turn over of the company for the year
2004-05 is Rs 11389 crores with net profit margin of Rs. 4041 crores.
Bhilai Steel Plant symbolizes Indian Industrial Growth. Many laurels were bestowed
on Bhilai Steel Plant. It has been honored five times with coveted “Prime Minister’s
Trophy” as best Integrated Steel Plant of the country.
Energy Consumption:
Steel production in Bhilai Steel Plant, like any other integrated steel works, is highly
energy intensive. The gross energy consumption in the plant for the year 2004-2005 is
3688 GCal/Hr. which is approximately equivalent of 3.2 million TOE ( ton of oil
equivalent ) per year. The primary energy input for the year 2004-2005 constitute 3.76
million tons of Coking Coal, 0.24 million tons of Boiler Coal, purchased electrical
power of 203MW and 12748 kilo litres of petro-fuel.
The demand of other energy items, viz, steam, compressed air, oxygen etc. are
completely met by in-house auxiliary units. 40% of the total power demand of the
plant is met by captive power plants including power from joint venture. Specific
energy consumption, specific power consumption and specific petro-fuel consumption
are given in figures attached here with. It may also be noted that Bhilai Steel Plant is
the only steel plant in India continuing with “Ingot Casting & Soaking Pit with
Blooming Mill” route for steel making. About 50-55% of the total steel is made
through this route. This route is energy inefficient and consumes about 0.35 – 0.4 Gcal
of energy per ton of crude steel. Even after this handicap specific energy consumption
per ton of crude steel is best among SAIL plants and Tisco shows the grit and
commitment of Bhilai collective towards energy conservation.
The annual energy bill for the company is around Rs. 2630 Crores which comprises
around 35 % of the total production cost.
ENERGY CONSERVATION TEAM STRUCTURE
Energy Conservation measures implemented during 2007-2008are given below :
75 KW ventilation system had been installed for leveller-2 cooling system. But due to
low loading on leveller-2 it was observed that the requirement is very less.
Accordingly 75 KW system has been replaced by 3.75 kw ventilation system.
The 230 V supply of Vertical & Finishing stand motor were fed through resistance.
The 230 V supply of Vertical & Finishing stand motor were fed through resistance
boxes. It was observed that actual field supply requirement is only 145 V and 75 V is
being dropped in resistance box. That is why only 145 V direct fed to field winding
without resistance box by changing incoming supply from 11 KV to 6.6 KV of CVDC
transformer.
The time taken for unloading a rake of LSHS fuel ( 70 wagons) was about 65 hrs , this
was due to insufficient unloading points. It was observed that if 6 no of unloading
points are increased the time for unloading can be reduced to 40 hrs. After this
modification ( in house) total steaming time was reduced .
.
CREDO
We build lasting relationships with customers based on trust and mutual benefit.
We uphold highest ethical standards in conduct of our business.
We create and nurture a culture that supports flexibility, learning and is proactive to
change.
We chart a challenging career for employees with opportunities for advancement and
rewards.
We value the opportunity and responsibility to make a meaningful difference in people's
lives.
1] CONSISTENT QUALITY
2] COMMITTED DELIVERY
3] CUSTOMIZED PRODUCTS
4] COMPETITIVE PRICES
5] COMPLAINT SETTLEMENT
6] CONTEMPORARY PRODUCTS
Quality Policy
d) PRODUCT PROFILE
Product Mix
Product Wise
Semis Blooms, Billets & Slabs
Structural’s
Crane Rails
Long Products
Bars, Rods & Rebars
Wire Rods
HR Coils, Sheets & Skelp
Plates
CR Coils & Sheets
Flat Products
GC Sheets\ GP Sheets and Coils
Pipes
Railway Products
Rails
Wheels, Axles, Wheel Sets
Plant Wise
Bhilai Steel Plant Blooms, Billets & SlabsBeams
Channels, Angles
Crane Rails
Plates
Rails
Pig Iron, Chemicals & Fertilizers
Bokaro Steel Plant HR Coils & Sheets
Plates
CR Coils & Sheets
GP Sheets & Coils/ GC Sheets
Pig Iron, Chemicals & Fertilizers
Durgapur Steel Plant Blooms, Billets & Slabs
Joists, Channels, Angles
Bars, Rods & Rebars
Skelp
Wheels, Axles, Wheel Sets
Pig Iron, Chemicals & Fertilizers
Rourkela Steel Plant HR Coils
Plates
CR Coils & Sheets
GP Sheets/ GC Sheets
Tinplates
Electrical Steel
Pipes
Pig Iron, Chemicals & Fertilizers
Salem Steel Plant Stainless Steel
Fertilizers
Coal Chemical
Benzene (NG)
Toluene (NG & IG)
Xylene
Light Solvent Naptha
Solvent Oil
Heavy Solvent Naptha
Benzol (IG)
Still Bottom Oil
Hard, Medium, Granulated and Liquid Pitch
Extra Hard Pitch
Hot Pressed Naphthalene/ Naphthalene Flakes
Heavy Creosote Oil
Anthracene Oil
Meta Para Creosole
Light Oil
Sodium Phenolate
Drained Naphthalene Oil
Dephenolised Oil
Heavy Benzol
NG: Nitration Grade
IG: Industrial Grade
e) AREA OF OPERATION
AREA OF OPERATION IN B.S.P.
DESCRIPTION OF 2.5 MILLION TON SECTION
This section deals with the marketing procedure and functions of non-flat
able products. These include Wire Rod Mill (WRM), Merchant Mill(MM), Rail and
Structural Mill(R&SM) and Billet and Blooming Mill(BBM).This section is heated by
Senior Manager and his subordinates. This section has the job to look after all the
stages of marketing products.
This section has to play an important role in the overall management procedure of
marketing department. It is an integrated part of the marketing department and
contributes a lot to achieve the laid target effectively.
WIRE ROD MILL:-
This unit of Bhilai Steel Plant was commissioned on 1967 with a production
capacity of 10,000 to 12,000 tons p.a. as later on it had gone for expansion with most
improve technology. Different measurement of rods i.e. plain rods, rods coiled and of
varying thickness are produced in the Wire Rod Mill. The orders are placed in every
three months, semi-annually, quarterly or as per the demand of the customers from
CMO. On this basis the product are dispatched, if not fully met revalidated to a further
period and if fulfilled then new orders are entertained.
This unit of Bhilai Steel Plant was commissioned on 1961. By 1967 this unit was
also undertaken for expansion with a target production capacity to part with 2.5 MT
section. Some of the product of this unit is engaged with viz. Rounds, Channels,
Angles, Ribbed Rods etc. Some of the major users are Indian Railways, Local
Industrial Units, Heavy Industrial Units and other concern. These products are mostly
used while rectifying the wear and tear of heavy equipments or construction of
structural in industries, The production quantity depends upon the orders placed by
CMO through DP (Dispatch Program) which displays the allotment of different
programs for each SAIL unit.
RAIL & STRUCTURAL MILL:-
This giant unit of Bhilai Steel Plant was commissioned in 1961 with 50,000
tons capacity. Later on the expansion of this unit gave an abundant production
capacity of thousand tons of rails per month. From the past many years Bhilai Steel
Plant has been the major supplier of rails, beams, channels and other heavy structural
to the Indian Railways, Export industry and other heavy industrial units. Bhilai Rails
are in the great demand among south east nations and middle-east countries. They
have achieved high laurels excellence internationally. Since the ISO certification of
Bhilai Plates the future plans are to set up the rails on the tracks for ISO standards.
f) OWNERSHIP PATTERN
Ownership and Management
The Government of India owns about 86% of SAIL's/BSP equity and retains voting
control of the Company. However, SAIL, by virtue of its ‘Navratna’ status, enjoys
significant operational and financial autonomy
OWNER : Government of INDIA & Share holders
CHAIRMAN : S.K.ROONGTA
MANAGING DIRECOR : R.RAMARAJU
BSP is a government limited company and is registered under company’s act 1956.
There is board of directors, Mr. R.RAMARAJU is the managing director and rest of
directors of STEEL AUTHORITY OF INDIA LTD. Mr. R.RAMARAJU the
managing director is there to look after the day to day operations of the company.
g) COMPETITORS INFORMATION
BSP helps keep India's ship of industry afloat. Steel Authority of India Limited
(SAIL)/BSP is among India's biggest steelmaker. The company's main steel products
include flat products (coils, plates, and sheets), structural (angles, bars, and rods), rail
products (high conductivity rails, light rails, and heavy rails), and tubular products
(welded pipes). In early 2006 SAIL merged with subsidiary Indian Iron and Steel.
Though it controls a third of Indian steel production, SAIL/BSP is no longer the
country's largest steel maker after Tata Steel's takeover of Corus went through. It hopes
to raise its production from 13 million tons to more than 20 million by 2012.
Competitors of SAIL/BSP
1] Arcelor Mittal
2] JFE Holdings
3] Tata Steel
STEEL AUTHORITY OF INDIA is the second largest steel maker in India. With an
annual production of 13.5 million metric tons, SAIL is the 16th largest steel producer
in the world. According to a recent survey, SAIL/BSP is one of India's fastest growing
Public Sector Units.
h) INFRASTRUCTURAL FACILITIES
. The company works as per Factories act, 1948. It provides the following
infrastructural facilities.
V. Pellet Plant
Canteen
Well arranged canteen provided by the company. The canteen is run on
contract basis, as per the terms of the contracts.
i) ACHIEVEMENT/AWARDS
Glimpse of some of the awards and achievement bagged by SAIL/BSP and its
employees:
1] Bhilai Steel Plant bagged the most prestigious “Prime Minister Trophy award 2004-
05” for becoming the best among the integrated steel plant. Out of 13 PMs Trophy
awarded so far Bhilai steel plant has bagged it 7 times.
2] SAIL was featured in the 2005 list of FORBES GLOBAL 2000 companies at
position 764.
3] 5 employees from Rail& Structural mill bagged Prime Ministers shram Ratna – The
highest shram award. Out of total 15 awarded so far in the country 13 awardees are
from Bhilai Steel Plant.
4] Golden peacock award for the most innovative product was awarded to Bhilai Steel
Plant in the 16th world congress on total quality [WCTQ 2006]
5] Bhilai Steel Plant was declared winner for HR Excellent Award by CLL,
Chattisgarh
6] Ispat suraksha Puraskar for the year 2005 award to BSP by JCSSI
PELLET PLANT
SINTER PLANT
Coke
ovens DIRECT
SMELING REDUCTION
BASIC OXYGEN FURNACE REDUCTION
Blast
furnace
ELECTRIC
ARC
FURNACE
INGOT
CONTINOUS CASTING
ROLLING MILL
Corporate Plan, 2012 (CP12) was formulated in 2004 for 4 integrated steel plants for
increase in Hot Metal production to 20 Mt by 2012. After merger of IISCO in feb’06,
the Hot Metal production Plan was revised to 22.5 Mt by 2012. Expansion of Special
Steel Plants was also included. Besides capacity enhancement, the plan also addresses
the need of SAIL Plants towards eliminating technological obsolescence, energy
savings, enriching product mix, pollution control, developing mines & collieries to
meet higher requirement of key raw materials, introduce customer centric processes
and have matching infrastructure facilities in the Plant to support higher production
volumes. Investment to the tune of Rs 34,982 crore was envisaged under the Corporate
Plan. It was envisaged to take up the Projects in segregated manner based on the
Techno-economic viability of each project.
Objective of CP12
• 100% production of steel through Basic Oxygen Furnace (BOF) route
• 100% processing of steel through continuous casting
• Value addition by reduction of semi finished steel
• Auxiliary fuel injection system in all the Blast Furnaces
• State-of-art process control computerization/ automation
• State-of-art online testing and quality control
• Energy saving schemes
• Secondary refining
• Adherence to environment norms
Production (Mtpa)
The Corporate Plan, 2012 was reviewed by Humble Minister of Steel in Jul’06,
wherein it was decided to take up the Expansion of Integrated Steel Plants and Special
Steel Plant in one go based on Composite Project Feasibility Report (CPFR). By that
time Expansion of IISCO Steel Plant and Salem Steel Plant was already approved “in-
principle” based on the Techno-Economic Feasibility Report (TEFR) of MECON. For
the Expansion of other four integrated Steel Plants, MECON was assigned the job of
Preparation of CPFR in Aug’06. The CPFR for the four integrated steel plants was
prepared by MECON. ‘In principle’ approval has been accorded by SAIL Board for
the expansion plans of IISCO Steel Plant (Jul’06), Salem Steel Plant (Jun’06), Bokaro
Steel Plant (Dec’06), Bhilai Steel Plant (Apr’07), Rourkela Steel Plant (May’07) and
Durgapur Steel Plant (Jul’07).
2010
Hot Metal 14.61 26.18
Crude Steel 13.51 24.59
Saleable Steel 12.58 23.13
It’s all very well devising a strategy, but you have to be able to
implement it if it’s to do any good. The seven S framework first appeared in “The Art
of Japanese Management” by Richard Pascal and Anthony Athos in 1981. They had
been looking at how Japanese industry had been so successful, at around the same time
that Tom Peters and Robert Waterman were exploring what made a company excellent.
The seven S model was born at a meeting of the four authors in 1978. It went on to
appear in “In search of excellence” by Peters and Waterman, and was taken up as a
basic tool by the global management consultancy McKensy”s: it’s sometimes known
as the McKensy”s 7S model
McKensy’s 7S frame work with special reference to:- Steel Authority of India
Limited/BHILAI STEEL PLANT
1] STRUCTURE :-
Managing
Director
Projects Works P&A Mat .Mgt F& M&H M&S Info. Vigilance Com
A S Tech mn
ED ED ED ED ED
Ppe& Project
bedb HRD Pers Town DIR GM GM ACV
service I/C O
GM GM s
COC
GM GM GM GM
SM SMS
S1 2
GM GM PPC Traffic
Sps& Bfs Mines
ohp
GM GM GM
There are ten Hospital of Bhilai steel plant in Bhilai city only. Mainly this broad
structure can be classified into 4 main categories these are finance, marketing,
production human resource and so on. Under structure the Organizations hierarchy
level will be stated The different departments that are coming in that organization
which all heads are coming under each management and every thing which is needed
for the effective functioning of an organization will be there in the structure of the
organization It will be stated in that to whom all are coming under the board of the
directors and under them who all are coming functions of each of the department etc
Finance department:-
Finance is regarded as the lifeblood of business. The basic objective of financial
management is maximizing the profit of the firm, without profit no firm can exist.
Thus finance has such importance in every firm. The funds should be used properly
and proper accounts should be maintained. The efficiency of production and marketing
function of the enterprises is preformed by the finance division. Thus every business
unit should have a sound financial management
FINANCE DEPARMENT:-
Asst. Manager
Executives
Office Assistance
The BSP follows a centralized Accounting system. It’s having its own policies. A
part of profit is used as working capital. Finance manager is the head of this
department. BSP maintains proper books of account every year
1) Planning of funds:
2)Allocation of Funds
Not only planning of funds but also to provide the funds to the proper place at
proper time are also an important task to be done by the financial manager the
financial manager first studies the requirement and then distributes funds.
It spends most of the amount for the improvement of the company’s services and
also for fixed assets like machinery.
3) Investment Decisions
4) Recording of Information
All the transactions are recorded in the journal and posted to ledger. Each pin of
transaction is recorded that takes places as it helps in better control and effective
supervision of funds.
The financial department will prepare the year ending financial statement to check
the profit and loss of the dairy of that particular year. It also evaluates the post
performance and the present and takes the corrective messages if required.BSP
submits its annual reports to the concerned departments regarding its financial
strengths and weakness of the firm by properly establishing relationship between
the items of balance sheets, profit and loss account.
Key activities of
M&S deptt.
Secondary
Sales Order l&S items
planning mgt Granu,
Key slag,
Complaint Coal
a/c misc.
handling chemical
mgt items
fertilizers
country. A strong IT support system enables real time network connectivity within
the entire CMO network.
CMO’s international Trade division (ITD) in New Delhi manages exports of iron
and steel products of SAIL’s five main integrated steel plants and maintains close
liaison with buyers abroad. ITD has successfully established SAIL’s reputation as
a producer of quality steel products and a consistent supplier across the five
continents. Among the notable destination are China. Korea, USA, Canada,
Philippines, Indonesia, Malaysia, Saudi Arabia, Iran, Europe and Singapore, as
well as neighboring countries like Sri Lanka, Myanmar, Nepal and Bangladesh.
The critical function of ensuring efficient and proper dispatch of export materials
and timely import of raw materials to maintain the pace of production of the SAIL
plants is performed by CMO’s Transport and Shipping Division (T&S).
Headquartered at Kolkata, T&S has branch officers at Haidia, paradip and Vizag
ports.
HR Manager
Executives
Dept. Staff
Search for prospective employees and stimulating them to apply for job in
the organization. The company may choose internal and external sources for the
recruitment function.
Training and Development
The company provides both on the job and off the job training programme.
PRODUCTION DEPARTMENT
RAW MATERIALS
Fe scraps, Fe ore, Ferro silicon, Bauxite, Fluorspar, Coke powder, Ferro
Manganese, graphite electrodes, etc are the main raw materials used for the
construction steels.
The ID fan motor( 1200 kw) capacity for convertor –C was running continuously at
rated speed during process and as well as during idle time. After installation of VVVf
drive during idle period, the motor run at
42 % of the rated speed. Thereby saving of 7500 kwh/day.
A skill is the ability, knowledge and understanding to accomplish a task. Skills may
be defined as what the company does best that distinctive capacities and competencies
that reside in the organization.
Technically qualified hands are appointed as apprentice trainees. They will get
a preference in future appointment when vacancy arises. Training may be with or
without wages and the training period is limited to two years.
STYLE
Bhilai steel plant has a top down styles of functioning. Decisions are taken by
the top management and conveyed to the lower level employees. Some decision
makings are participative others are authoritative. Major decisions are taken by the
higher authority in consultation with the lower level employees. Most of the decisions
are participative in nature.
STRATEGY
The strategy in the 7s framework includes purposes, missions, objectives, goals and
Major action plans and policies of the company. Through out the past decade, the
corporate world has given close attention to the interplay between strategy and
structure. Certainly clear ideas about the strategy make the job structural design more
rational. By “strategy” we mean those actions that a company plans in response tour
anticipation to or changes in its external environment-its consumers, its competitors.
The Bhilai steel plant business strategies are based of three core values; they are
operational excellence, Customer’s focus and product leadership.
The key to succeed in this environment is to develop that acumen to perceive these
challenges as opportunities. The opportunities for leadership always come in disguise
of challenges and the path to future is full of them BSP”s leadership has evolved a
multipronged strategy to excel in face of multitude of these challenges right from
growth oriented capacity investment, an aggressive marketing plan, thrust on new
products development, investment in raw material projects to strategic social
responsibility measures
. SYSTEM
BSP follows a clearly well defined system. Management information system is identifying
the problems in between the departments and managing the problem with interrelated
process. It contributes to the organizations effectiveness and efficiency in achieving its
objectives. All the departments in the company have their own information systems and are
fully computerized. Each and every department has its own systems and the company has a
common management information system.
Performance Appraisal System:
Performances of the employees are appraised on the basis of their commitment
toward the work, their regular attendance and the quality of work done. The company
is following a performance appraisal process:-
• Establishing standards.
• Communicating standards to the employees.
• Measuring actual performance.
• Comparing actual with standards.
• Discussing reports with employees.
.
QUALITY CONTRAL SYSTEM:-
Each department is headed and its activities were controlled by its departmental heads.
Well equipped quality control department is maintained. Here the quality of the
product is strictly checked and ensured as per ISO 9001:2000 specification
STAFF
Staffs are the most important input in any type of organization. The success
and failure of any organization depends on both labor and staffs Qualitative analyze is
most important in the selection of staffs. If the staff is an efficient person, he is a
valuable asset to the organization.
SHARED VALUE
The basic philosophy of Bhilai steel plant is to achieve business excellence and to
create and enhance the value for its share holders, Customers, Employees and
Business Associates and thereby to make a significant contribution to the Economy.
The company endeavors to achieve the highest level of transparency, accountability,
integrity and responsibility by following the best practices in Industry.
Product (tpa)
Semis
553,000
Rails and Heavy structural
750,000
Merchant Products (Angles, Channels, Round & TMT bars)
500,000
Wire rods (TMT, Plain & Ribbed) 400,000
Plates (up to 3,600mm)
950,000
LEARNING EXPERIENCE
I learnt my things where we can improve our knowledge for our career and to build
good basis on organization exposure.
BIBLIOGRAPHY
2] www.google.com
ANNEXURE
Tax 0 (1185)
Profit after tax (PAT) (3,018)
25444
Extraordinary / prior period (25) (323)
items
Adjusted profit after tax (3044) 25121
(APAT)
Balance sheet