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INDEX
NO Sub No PARICULARS Page NO
PREFACE
ACKNOWLEDGEMENT
DECLARATION
1. GENERAL INFORMATION
1.1 INTRODUCTION
1.2 HISTORY AND DEVELOPMENT
1.3 VISION
1.4 MISION
1.5 AIM
1.6 ORGAN IZATION STRUCTURE
1.7 ABOUT COMPANY
2. PRODUCTION DEPARTMENT
2.1 INTRODUCTION
2.2 RAW MATERIALS
2.3 PRODUCTION PROCESS
2.4 QUALITY POLICY.
2.5 PRODUCT PACKING
3. HUMAN RESOURSE DEPARTMENT
3.1 INTRODUCTION
3.2 STRUCTURE OF HR DEPARTMENT
3.3 HRP PROCESS
3.4 RECRUITMENT AND SELECTION
3.5 TRAINIG AND DEVELOPMENT
3.6 My Research or Analysis with Questioner
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3.6 WAGES AND SALARY ADMINISTRATION
4. FINANCE DEPARTMENT
4.1 INTRODUCTION
4.2 ORGANIZATION STRUCTURE OF FINANCE
4.3 FINANCE PLANNING.
4.4 My Research or Analysis I
5. SUGGESTION
6. CONCLUSION
7. BIBLIOGRAPHY.
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PREFACE
M.B.A is a professional course where in for a student to
process only theroetical knowleedge Alone is not enough but
also to improve practical knowledge, skill, and experience
becomes necessary to have. which is helpur to them. In short
student can get full practical knowledege of personnel,
marketing Finance department need to improve a currentscenario. When we do work at particular position in the
department, student can experience the workload, and about
financial planning that is very important part of the business.
How you will manage the finance to run your business. Political
barriers and tax obligation, student can experience. The
decision of taking an any project or not or how u can compare
the project for their individual return with the help of certain
financial techniques like a Project Index (PI), Initial Rate of
Return and PayBack Period.
I was visited MAKSON GROUP OF COMPANIES at
SURENDRANANGAR for practical training and also studied on
the working its different department and prepare report on it.
For running the business it is necessary to have
management knowledge and Managerial skill. Being
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management student we get theoretical knowledge in college
but it is not enough for self development but also to have
practical knowledge.
MAKSON SAYS:-
" Oh Children, the work is not just for you But also for
Enjoy , flower, Sweets and Chocolates too",
Such training promoters a Student to boost potentials and
the inner qualities and there by student come to know abouttheir reality that how the theoretical knowledge work in actual
work in sense in any unit.
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ACKNOWLEDGEMENT
It was memorable experience for me to visit the industries.
I do not have adequate words to express my profound gratitude
to project report in charge Mr. Himmat Waghela & Mehul
Permar
For providing me such a valuable opportunity of industrial
in MAKSON GROUP OF COMPANIES.
My acknowledgement would not be complete if I don'texpress my deepest Senses of gratitude Mr.Dhanjibhai(
Chairman), Mr.Kalpesh.(managing Director),Mr.Himmatbhai
(HR Manager) and all executive without whose active my
industrial report would not seen in the light of day.
I am also thankful to all those people who have helped me
in preparing this report directly and indirectly by providing
necessary information the unit which I have Visited.
And specially, I would like to thanks Makson company all
workers who is co-operate me and give me some advantage
information about my project report and last I thanks to Makson
security who is also help me.
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DECLARATION
I am Anand S. Batada here by declare that the project
work at entitled at "Makson group of Companies" Is
result of my indebtedness to other work publication, if
any, been duly acknowledged.
Anand Batada
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INTRODUCTION
Makson Corporation was Founded in 1983 by Maksana
Family.
- Adhering to Quality Standards was the only aim , right
since its conception, so that the customer can appreciate
that their quality needs can be taken care at the best.
- Konwledge is power, we strive to finish serving the
customer regardless of the size, quantity price is Our aim.
- On time delivery has been our specially in todays time no
one can wait; hence that has been our major thrust.
- Needless to say that all this virtues will be our Guarantee.
Quality
On time Delivery
Service
Reasonable Price
Another side makson was produced machinery as well as
engineering products in their other plant. Use in their machineryin his pharmcl plant . ther prouduced.
Many Type of Machinery with many features are as follow.
. Accurate shapes, weight That give You. Good Cost
Control and highly efficient production.
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. Different Shapes, and flavours can be deposited
Simultaneously.
. Deposited filled and unfilled, Striped or three
dimensionally shaped candies can be produced.
. Makson depositing lines Suitable for Various products like
clear hard Candy, Center filled Candies , Striped Two
Color Candies, milk and Sugar free Candies.
.
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HISTORY AND DEVELOPMENT
In the year 1926 Makson Group started as a small
manually operated in house Confectionery products operated
in house Conffectionery products manufacturing unit for local
market. Later the founder and Chairman of the Company Mr.
Dhanjibhai who is a mechanical engineer visited an exhibition
in 1972 at pragati maiden, New Delhi.
The chairman of the company Mr. Dhanjibhai was
awarded Self made Industrialist . Award in the year 1981 by
the vice president of Indill and Ex-officio Chairman of the Rajya
Sabha Mr. Hiddyat Ullah. Following this award many other
awards such as The National Award For Import Substitution.
In the year 1983, Export Award by the Government of Indill
He was Also Awarded The LENCO Excellence Award As
The Best Industrialist And Philanthropist. After this intical
experience Makson Started to Build Machineries
Later in the year 1983 Makson Expanded as a contract
Confectionery manufactures to renowned companies Such as
Nestle,Cadbury,Unilever, Hindustan Lever Limited, Ranbaxy,Cipla, Himalaya, Boots Primal, Knoll Parma, Coca Cola, Bile
Cross Labs, etc. Makson has a dedicated manufacturing facility
for P and G, Johnson and Johnson and Johnson awarded
Makson Contract Manufacture Of the year Award For 2
Consecutive years 1995 and 1996 .
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In the Year 2004, Makson started Manufacturing 100
Various of gum & baser, equivalent to International standards
for chewing and Bubble gum.
Today Makson is the leading Confectionery machinemanufactures and also the largest contract having its branchesat Bhopal and Hyderabad.
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VISION
We will make whole heated efforts for the fulfillment
of this objective Through our interaction and interdependence
with them.
We will work and contribute and grow together in the Spirit
of Saha Viryam this is our resolutions and we resolve so, we
pray to the almighty fulfill our mission.
v
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MISSION
We strive for a happier heutthier Tomorrow Makson
should provide total Customer satisfaction and achieve.
Leadership in chosen market, products and Services across the
glove, through excellence in technology, based on world class
research and development.
Makson human resources will continue to be the most valuable
asset in this pursuit of leadership and the prime driving forces
for his / her growth.
Makson is a responsible to the Society. Makson Shall be good
Corporate Citizen and will be driven high ethical standard s in
our practices.
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AIM
Makson Industry pvt. Ltd . has always him to
provide customers quality for pesticides.Today Makson
is earning 59 to 69 carore Form export as foreign
exchange.
The Company Continuous to make interest in
organization of its plant to improve the productivity
company has carried out substation expansion of
production capacity of surendranagar.
Today, makson is growing very fast in its field. It
always aim to achieve success in its field with its
employee better condition. It aims be helping hand of
nation.
Makson business is growing was founded on a
class on close relationship with a customer who used its
products and there derivcltives. Form an origin narrow
rang of products for Specitics user.Makson has
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expanded its activities so That Today it provides the
customers with a broad rang of products and technical
guidance.
An integral Competer in achieving this Succers in
this system of fuly integrated production linked to the
development technology appropriate to the need of its
customers.
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ORGANIZATION STRUCTURE
Chairman
M.D
General Manager
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ABOUT COMPANY
Makson pharmaceutical (I) pvt Ltd. Was
incorporated in the year 1987 primarily to go into the
manufacture of cough drops / throat drops / Throat
lozenges. Makson pharmaceuticals is an associated of
cough drops for procter and gamble overseas and
makson Food Pvt.Ltd.And also Makson Confectionery
who are leading manufacturer of confectionery rang of
product.
The company has contractual manufacturingagreements for pharmaceuticals product with procter
and gamble, dabur India Ltd, Knoll pharmaceuti cals,
Blue crose crose laboratory ltd, Boots primal Healthcare
ltd, Fermenta Biotech Ltd, Cipla Ltd, And Ranbaxy
Laboratory Ltd.
The company has contractual agreements in
confectionclry rang of product with Nestle Indill Ltd,
Nutrine Confectionary Ltd, Hindustan Unilever Ltd,
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Makson pharmaceuticals India Pvt. Ltd infect is
subsidiary of Makson group of companies,who areengaged in the manufactured of foods packaging,
machinery, The group has vast Clentere in India and
abroad inducing Cadburys, Nestle, parle, Nutrine,etc.
The group has associated with fortune so Companies
like procter and gamble India Ltd, BASF, and Nestle
etc.Location :-
Location at 600kms North west of Bombay International
airport.
Office / Factory :-
Survey no 195, Rajkot highway, Surendrangar (Gujarat)
Phone Numbers :-
Office : (91-2752) 285991 TO 285995
Fax :- (91-2752) 285009
E-Mail :- Maksongroup @ Sancharnet.com.in
WebSite :-WWW.Makson group .com
Size of the unit
The Makson is a large scale unit because their turn
over is more then 100 carore rupee.
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INTRODUCTION
Definition :-
Operations Management may be defind as the
design operation and important at the production system
that creates the firms primary products and services.
Makson group of companies is producing
sweet product as well as Industrial Machinery for
Customers use most Sweet products are being makson
grop of companies has three major manufacturing units.
They are as under.
. Makson group of companies, Surendranagar.(Head
Office)
Madhya Pradesh, Bhopal
. Andhra Pradesh, Baddi.
Recently Company is producing a wide range of Agro
Chemicals and Formulations Products At the manufacturing
Sitrs
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Following product is manufactured. At
Surendranagar Unit.
Nestle Eclairs
Vicks Cough Drops
Strepsils
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Pams Throat Sweets
Sunfill
Hajmola candies
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Iodex
Max Chocomax
Johnsons Powder and Oil
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Butter Scotch Candies
Nestle polo
Melters
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Olesan Cough Drop
Vicks Vapo Rup
Funbar
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Butter Cup
Zoom
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RAW MATERIALS
Makson receives raw material from Insia and
abroad.
The Raw material and packing Materials are
provided by the Companies for whom we are
manufacturing products on loan license and under
approval validation study is done by the Company for
whom we are working.
It Covers all the activities of procurement,allocation and utilization of resources Such as labor
energy, material, equipment and machines etc.
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PRODUCTION PROCESS
Preparation of sugar liquid. Glucose Syrup and
addition of colour
Syrup
Temperature 75o
to 95o
Filtration of syrup Syrup Clarity
Transfer to Holding Tank Cooking Team
140o
+ 2oC
Cooking Team 140o
Discharge under vacuum Vacuum of
0.8 + 0.1 bar
In line Mixing of
Citric Acid Canhydrous
Medicated Essence / Flavour
Dosing bar
minute
Speed of in -1+
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QUALITY POLICY
To deliver a Quality product meeting or exceeding
International Specification at a most Reasonable price to
the customer and also a Zero level Complaint from
Customer within Three years of implementing of this
was written quality policy.
Quality Control -:
If one were to seek out a single word that
embodies the spirit of the Company, It is apparent right
from moment you step into the premises in the
numerous facets ingrained and internalized into the
Companys ethos.
The results are reviewed by head of the Q.A.
Department. The Q.A. Manager Checks the raw material
.The Results of the analysis conducted are Subjected tocomply with the Specification is decided by the Senior
person of the Team member evaluate out the Study For
Food Safety . They out Hazard Analysis and critical
control point.
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The Slogan Innovative Sweets Technologist that
was deeply etched into every logo of the company, and
Subsequently into the minds Of millions,is adherd to withutmost special Quality Management Division Spearheds
the concept of total Quality Management, an interation
of all Functions With Built in Quality.
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PRODUCT PACKING
The activities of designing and producing or
wrapper for product are called packing. Attractive
pakage is having Consumer identification plus
Confidence Which builder Company successful Carrier.
Makson group of companies instated new plastic bag
packaging System for export Contaniner lead.
Resulting in Substantial grop of Companies is paked in
following machine.
Strip packing machine
Pillow pack machine
Blister packing machine
Auto castooning machine
Pouch packing machine
FFS packing machine.
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INTRODUCTION
Marketing is a comprehensive terms It includes all
resources and a set of activities all resources and a set of
activities necessary to direct and facilitate from produces to
Consumer in the process of distribution.
Marketing is a Societal process by which individuals and
group obtain what they through creating offering and freely
exchanging products and Services of value with others.
Marketing management is an art and Science of
Choosing target Markets and getting, keeping and growing
Customers through Creating, delivering and communicating
Superior Customers through creating delivering and
communicating superior customers value Marketing is a
Creative and Communicating Superior customers ValueMarketing is a Creative and essential Function of
Management. It plays a significant role in the Survival and
Success. Of business .It is one of the Effective. Ways to
increase the Company Sales.
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Makson Group of Companies is a large scale unit and is a
huge manufacturer of sweet Technology. It owes monopoly
wants and creates customers the company has set up amarketing department at its SURENDRNAGAR branch .here
Marketing efforts are carried out by four basic principles.
1.Reasonable and consistent pricing
2.good quality
3.Dependable Supplies
4.Technical Service to inform and educate the Consumer
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INTRODUCTION
Personnel department is heart of organization. As the one had
truly said that one plus one makes two in organization where there
is two or more person work with co-ordination according to George
R. Terry personnel management is concerned with obtaining and
maintaining of satisfactory and satisfied work force.
Personnel management means to manage people with both as an
individual and as a group at working place, personnel management is
known besides personnel administration labor management and
manpower management.
As the term implies personnel management is the management
of human resource in origin in order to solve their problems in a
responsible manner. It has become necessary for almost all units to set
up a separate personnel department.
Makson group of companies has separate personnel dept. the
welfare activates done for their employees are remarkable. In this
company it can be seen that there is bonding between management
and workers and hence result is to smooth functioning of the
organizational activities. The HR activities under taken by personnel
department are the best.
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STRUCTURE OF HR DEPARTMENT
VP
Chaturbhai Patel
Employee Relations Employee Engagement
GM Dy. Manager
Manager
Asst. Manager
Executive
Executive
Sr. Supervisor Staff Staff Supervisor
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HRP Process
Organization objectives and polices
HR Need Forecast HR Supply Forecast
HR Programming
HRP Implementation
Control and evaluation
Surplus Shortage
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RECRUITMENT AND SELECTION
Recruitment means "right number of people at right time at right place"
which is necessary to ensure the continued operation of the organization.
Recruitment has been regarded as a most important function of the people
with the best plans organization chart and control system would not do much
good.
Recruitment is a process of searching for employees and simulating and
encouraging them to apply for jobs in an organization.
Recruitment arise cause to.
1. Death
2. Retirement
3. Retrenchment
4. Resignation
5.New Project
6. Plant Expansion
7.New Technology
8. Other Reasons
Makson Pvt. Ltd. is doing this with two different sources.
1. External
2. Internal
1. Internal source: Promotion
2. External source: Employee recommendation
Advertisement employment exchange campus interview in
rare cases professional institute are consulted.
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3. For supervisor post they are going for advertisement
contact with employment exchange and for technically specialized
person professional instate are consulted.
4. Mainly three type of recruitment is there
5. Permanent recruitment
6. Temporary recruitment
7. Apprenticeship
Recruitment
Campus Walk in Interview Through reference Websites
Naukari.com
Monster.comTimesjob.com
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TRAINING AND DEVELOPMENT
It means the act of increasing skills and knowledge of employee forparticular job. It is an application of knowledge.
To work accurately and perfectly organization must have welltrained
staff and experienced people. Training is an essential part of the orientation
program for new recruits at Makson group of companies it selected employees
are trained appropriately. Then the investment made by the Makson group of
companies in recruiting the employee might not give the expected results or
benefits.
1. Main objectives of training
2. Improving employee performance
3. Updating employee skills
4. Avoiding Managerial obsolescence
5. Retaining and motivating employees
6. Creating an efficient and effective organization
Methods
On the job Training Off the job Training
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WAGES AND SALARY ADMINISTRATION
In Makson wages and salaries distributed for workers and staff on the 7thof each month salary is provided by Cheque the employee can apply for
advance on 22nd of preceding month. It employee takes a loan from company
the amount of interest is deducted directly from the salary.
There are three grades for salary distribution:
1. Executive
2. Staff / Supervisor
3. Workers
ADD: Salary + Daily Allowance + General Allowance
LESS: P. F + E. S. I + Installment if loan is taken
= Total
Allowance may be of dearness allowance house rent, washing allowance,
night shift, leave travel assistance etc.
A part from this company provides convergence charges as.
13 litter petrol, 650 ml Oil, Rs. 65 maintenance charge for moped and 18
litter petrol 900 ml Oil and Rs 75 maintenance for scooter.
Consider the factor like:
1. Profit
2. Keep in match future condition
3. Regional pattern of wages and salary
4. Keep in mind the substitutes of wages and salary.
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INTRODUCTION
In modern money oriented economy may be defined as provision ofmoney of the time it is required.
The first aspect to be attended to is the estimation of how much money a
business organization requires and for what purpose in the second place it is to
be seen how much the amount estimated for meeting the business requirement
should be raised having reused the capital required from the most dependable
sources. The management will now have to take care of the proper utilization of
funds.
The finance of management will have particular responsibility:
1. Ensuring a fair return on investment
2. Generating and building up surplus
3. Planning directing and controlling the utilization of fund
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ORGANIZATION STRUCTURE OF FINANCE
The responsibility for financial management re-spread throughout the
organization in the sense that financial management is to an extent an integral
part of the job for the manager involved in planning allocation of resources and
control finance management is highly specialized in nature and is handed by
specialist financial decisions are very important. it is therefore essential to set up
an efficient organization for financial management function.
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FINANCIAL PLANNING
Financial planning is pre-requisite for the smooth functioning financedepartment and for the purpose of growth and expansion of business activates.
There are two types of financial plan:
1. Long term financial planning
2. Short term financial planning
The term financial plan are formulated for the expansion of business for
starting new units for developing new products for modernization of the unit
and for the purpose of sales of fixed assets.
The share term financial plans are formulated for the smooth functioning
of the day to day business operation for the payment of miscellaneous expenses
like salary wages etc. Expenses or losses also for meeting unexpected expense
or losses
At Makson they have planning about long term as well as short term
financial planning short term financial planning is for monthly planning and
long term planning is for yearly planning. Financial planning and decision
making are undertaken at central level decision are made in the contest of
organization objectives.
In Makson short term planning are major function of account department
they make available the case in flow for day to day operation from the banks
from bank of India (46%), Central syndicate (26%), state bank of India there is
a limit of cash flow of Rs. 50,000. They sent a cash flow before one month
according to expression of requirement of each department and they have to
prepare a report on cash utilization for every 10 days and sent to the head office.
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In the cash of long term financial decision is taken from the head office
only few planning of long term are handing by account department of
Surendranagar site.
1. Estimating the amount of capital to be raised
2. Determining the from and proportionate
3. Having down the policies as to the administration of the plans
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SUGGESTION
The Makson is contract base company and that is contract with manycompanies so I suggest to him to increase your plant in Parma product because I
analyze your company and look it some companies manager are said to your
production manager to produce my companies product and stop another
companies production.
Some training regarding the attitude of employee towards employee and
also towards their respective head can improve upon the motivational level of
employees. Training can be with respect to human resource.
Process of motivation
Opportunity
Environment
Need and
Satisfaction Tension Effort Performance
Goals and
Incentive
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According to Ivan Paviov you have to use the classical conditioning c
learning theory and operant conditioning.
There is also a need found for some increase of salary at every level in
the organization because it has been that the satisfaction level with regards to
the salary paid is low.
Company should find some other way for performance appraisal because
many employees have complained that the paper work done for performance
appraisal is much and the results are not up to the mark.
To management should think upon providing more facilities towards the
development of employees i.e., self development on an overall basis.
Working conditions can also be improved upon.
Need of batter arrangement of raw materials that's you can get more store
raw materials
Please provide full information in your web site
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CONCLUSION
From the findings of the research it can be concluded thatIn Makson there are many reasons that an employee is motivated to say in
the organization such as the family type of atmosphere good working conditions
as well as the support from their colleagues as well as the management staff.
But the compensation or the salary paid is not a motivating factor for the
employees so this can be looked upon.
Report also concludes that the person over the age of 40 are satisfied and
wish to stay in the organization because of several reasons such as less mobility
and also dependency on the organization due to lack of other skills.
But the young technocrats do not prefer to stay for a long time in Makson
and the major factor for this is the salary paid. They find every other thing
satisfactory but not satisfied with the compensation so to retain such talented
young and energetic staff it is observed that a great need for updates in
compensation structure is needed.
Lastly Makson carries out an extra ordinary amount of welfare activities
programs and services for its employees which are highly appreciated by them
and also this play a major role in retaining the employees.
Today Makson group of companies continues its journey. Leveraging on
its 'low cost, high intellect' advantage foraying into new markets and new
business taking on new challenges and growing stronger and more capable Each
failure and each success renewing the sense of purpose and helping the
company evolve.
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BIBLIOGRAPHY
REFRENCE BOOKS: I. M. Pandey Financial management Ninth Edition, Vikas publishing
house private limited, New Delhi.
Prashanna Chandra: "Financial Management", 5th Edition, TATA MC
Graw Hill publishing company Ltd., 2004
Human Resource management, Biju verkery
Cost Accounting By Paresh Shah
WEB SITES:
www.makson.com
www.maksongroup.com
www.maksoneng.com
www.maksonpharma.com
http://www.makson.com/http://www.makson.com/http://www.maksongroup.com/http://www.maksongroup.com/http://www.maksoneng.com/http://www.maksoneng.com/http://www.maksonpharma.com/http://www.maksonpharma.com/http://www.maksonpharma.com/http://www.maksoneng.com/http://www.maksongroup.com/http://www.makson.com/