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A Summer Training Project ReportOn
Marketing Plan & Product AnalysisAtB.P.C.L.
Duration (06-07-2011 to 05-08-2011)
In partial fulfilment of the requirement for
M.B.A. Degree ProgrammeM.B.A. Degree Programme
Bhagwant University Aj mer (Rajasthan)
SUBMITTED BY:-
PRADEEP KUMAR SINGHM.B.A. III SEM.
Roll no. 11002700510
Session (2010 - 12)
e-mail: [email protected]
SUBMITED TO:-
Mrs. Priyanka Patni
Incharge of Mgnt. Deptt.
Bhagwant University , Ajmer (Raj.)
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DECLERATION
I Pradeep Kumar Singh hereby declare that this project report entitled
MARKETING PLAN AND PRODUCT ANALYSIS has been completed based on actual
study carried out by me during my internship program at BHARAT PUMPS AND
COMPRESSORS LIMITED.
I am presenting an authentic report of my work to Bhagwant University Ajmer,
(Rajasthan) carried out at BHARAT PUMPS AND COMPRESSORS LIMITED,
NAINI, ALLAHABAD for the partial fulfilment of the requirement of the Master Of
Business Administraion degree programme of Bhagwant University, Ajmer
(Rajasthan).
This research report is original and information, data and fact furnished their in are
actual based on study carried out by me.
(Pradeep Kumar Singh)
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ACKNOWLEDGEMENT
After completing my II
nd
semester curriculum. I went for summer training for
64weeks duration and it bears inspirit of several person.
I have achieve this training in one of the most esteemed organisation of the country
BHARAT PUMPS AND COMPRESSORS LIMITED, NAINI, ALLAHABAD for their
kind permission to undertaken its study I am grateful to respected Mr. R.B.Singh (Training
Administrative Officer, BPCL). For there moral support and encouragement throughout my
project work.
This list will go incomplete without the special reference of the contribution and
whole hearted support of managers and all other staff and department, which truly reflect
their deep insight into the project and the professional touch which is their benchmark.
I express my sincere thanks to Mrs. Jisha Shrma incharge (training & placement
department) Bhagwant University Ajmer (Rajasthan) who gave me professional
advice from time to time.
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PREFACE
I did my summer training in BHARAT PUMPS AND COMPRESSORS LIMITED,
Allahabad. I completed my summer training for 4 weeks. I got training in the study of
Marketing Plan and Product Analysis, Financial department is also being considered.
Hence I am presenting the training report of Marketing Plan and Product Analysis. All the
mistakes and problems had been carefully removed with the help of all the managers.
So I am thankful to all the managers of BPCL,Allahabad.....
Pradeep Kumar Singh
MBA (IIIrd Semester)
Bhagwant University, Ajmer (Rajasthan).
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INDEX
CHAPTER NO, PARTICULARS PAGE NO.
I INTRODUCTION 7 - 12
II COMPANY PROFILE 13 - 21
III ORGANISATION AT A GLANCE 22 - 36
IV MARKETING PHILOSOPHIES 37 - 64
V ACCOUNTING POLICIES 65 - 71
VI FUNCTIONING OF VARIOUS DEPARTMENTS 72 - 95
VII DATA COLLECTION 96 - 99
VIII PROJECT ANALYSIS 100 - 136
IX CONCLUSION 137 - 142
X QUESTIONNAIRE 143 -147
XI ANNEXURE 148
XII BIBLIOGRAPHY 149
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CHAPTER-I
INTRODUCTION
INTRODUCTION
OBJECTIVE
ISO CERTIFICATION
ABOUT THE PROJECT
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INTRODUCTION
Bharat pumps & compressors ltd. Incorporated 1970 was established at Naini, the
Trans yamuna area of Allahabad with objective to design, manufacture and supply of
capital goods in the fluid handling field including provision of services connected
therewith.
BPC which caters to the need of core sector of the economy such as oil exploration,
refineries, petrochemical, chemical and fertilizer, process industries nuclear and thermal
power plant had in its earlier phases entered into technical collaboration with world
renowned manufacturers of indigenously design and manufacture heavy duty centrifugal
and reciprocating pumps, reciprocating compressors and high pressure gas cylinders and
other hi-tech oil filed equipments such as cementing units, suckers rod pumps etc.
In a very short span, the company absorbed the technology and established itself as
the world renowned manufactured of a wide range of hi-tech products. BPC has supplied its
products to the total satisfaction if the customers in almost all national projects of
companies like ONGC, OIL, BPCL, IOCL, HPC, RCF, Nuclear Power Corporation, Deptt.
Of Atomic Corporation, Deptt. Of Atomic Energy , IPCL etc.
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Objective
Every project have some certain objectives behind it, in this project there are some
objectives which are as follow-
To analysis the marketing strategies of BPCL.
To analysis the marketing plan of BPCL.
To know about the product of BPCL.
To know about the product position of BPCL in market.
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ISO CERTIFICATION
Bharat Pump & Compressors Ltd., Naini, Allahabad is a certified integrated
management systems company having:
ISO 9001:2000,
ISO 14001:2004,
OHSAS 18001:1999
Includes environment, occupational health & safety management systems, with
the objective to design, manufacture and supply capital goods in the fluid handling field
including provision of services connected therewith.
BPC caters to the need of core sector of the economy such as oil exploration and
refining petrochemicals, chemicals and fertilizers, process industries and power plant and
indigenously designs and manufactures heavy duty centrifugal pumps, reciprocating
pumps, reciprocating compressors and high pressure seamless gas cylinders and other hi-
tech oil field equipments such as cementing units, sucker rod pumps.
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ABOUT THE PROJECT
This project is based on BPCLs Marketing Plan & Product Analysis to ascertain
the marketing plans of the BPCL the primary data is collected from all executive officers of
all departments through direct interview method and the secondary data was collected
through annual report, magazines, personal manual, charts and tables.
Marketing plan is a systematic anticipation and analysis of future coupled with
the methodology for adapting such changes. It takes cares of all the lapses of a marketing
manager and also highlights the weakness of the company, which would be attacked for
meeting the ultimate objective of the company i.e. Profitability through Customer
Delight.
The marketing planning is must to ensure growth and continued profitability to a
company. This can be achieved through identification of market opportunities, proper
investment plans and utilizing existing resources at the right time and right place.
Without proper marketing planning a marketing manager :
a) Losses control over the future of the firm, as he is not in position to know the
reasons of failure and cannot take any corrective action.
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b) Faces with the problems of managing by crisis rather than design.
c) Remains busy in counteracting the well timed, well planned offensive strategies of
competitors.
d) Cannot bring his company to the seat of the market leader rather the company will
always be a follower of the competitors.
Every product is designed in a particular way product analysis enable us to
understand the important materials, processing, economic and aesthetic decisions which
are required before any product can be manufactured. An understanding of these
decisions can help us in designing and making for ourselves.
Product Analysis includes following patterns:
1. Quality of products
2. Technology of products
3. Price concerning products
4. Delivery performance of products
5. Sales promotion concerned with products
6. Market share
Product analysis can seem to follow a fixed pattern:
1. Think about the design from an ergonomic and functional viewpoint.
2. Decide on the materials to fulfil the performance requirements.
3. Choose a suitable process that is also economic.
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CHAPTER- II:
COMPANY PROFILE
AN OVERVIEW
CLIENTS
PRODUCTS
BRANCH OFFICES
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BPCL-NAINI (An Overview)
LOCATION- NAINI
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Naini is a satellite township of the city of Allahabad, located on the banks of river yamuna
and developed into an industrial centre. Some other manufacturing organizations located in
Naini are ITI, TSL, AREVA, SAIL, etc.
About:
Bharat pump & compressor ltd.,, Naini , Allahabad is a certified integrated management
systems company having ISO 9001:2000, ISO 14001:2004, OHSAS 118001:1999 Includes
Environment, occupational health & safety Management systems, with the objective to
design, manufacture and supply capital goods in the fluid handling field including
provision of services connected therewith. BPC caters to the need of core sector of the
economy such as oil exploration and exploitation, refineries, petro-chemical, chemicals and
fertilizers, process industries and power plants and indigenously designs and manufactures
heavy duty centrifugal pumps, reciprocating pumps, reciprocating compressors and high
pressure seamless gas cylinders and other hi-tech oil field equipments such as cementing
units, sucker rod pumps etc.
BPC : VISION
To become an Indian MNC in the field of fluid handling, gas compression, gas
storage equipment, services and project management.
BPC : MISSION
To provide quality products and services to core sector industries with special thrust
on oil and natural gas, petro chemicals, refineries, nuclear and thermal power plants,
fertilisers and public transport services complying to health and safety requirements.
BPC : OBJECTIVES
To increase market share of their products and services.
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To maximise customers satisfaction by providing quality product and services
within stipulated delivery.
To increase the business of spares and rendering prompt after sales service including
refurbishment.
Achieve export turnover of 15% by 2009-10.
CLIENTS
Oil & Natural Gas Commission.
Indian Oil Corporation.
Hindustan Petroleum Corporation.
Fertilizer Corporation of India Ltd.
Indian Farmers Fertilizer Corporation.
Gas Authority of India Ltd.
Indian Petro-Chemicals Ltd.
Madras Refineries Ltd.
Oil India Ltd.
Bharat Petroleum Corporation.
Engineers India Ltd.
National Fertilizer Corporation.
Indo Gulf Fertilizers Corporation.
Indraprastha Gas Limited. Bongaigaon Refineries & Petro-
Chemicals Ltd.
Cochin Refineries Ltd.
Tamil Nadu Petro-Chemicals Ltd.
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PRODUCTS
Pumps and
Compressors
Centrifugal Pumps
Pumps for Application in Power Plants.
Reciprocating Piston and Plunger Pumps.
Cementing Units.
Sucker Rod Pumping Unit.
Reciprocating Compressors.
Gas Cylinders
High Pressure Seamless Industrial Gas
Cylinders.
Welded Cylinders.
Cylinders in Cascade for Storage of
Compressed Natural Gas (CNG)
Range of Products
Centrifugal Pumps Maximum
Power2500 KW
Maximum
Pressure140 kg/cm2
MaximumCapacity 12,000 M3/Hr
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Reciprocating Pumps Maximum
Power1700 KW
Maximum
Pressure675 kg/cm2
Maximum
Capacity315 M3/Hr
Fluids
Handled
Drilling Mud, Cementing Slurry, Crude Oil
steam, Condensate, Heavy Water, Fatty
Acids, Ammonia Carbonate, LiquidAmmonia, Water Injection
Reciprocating Compressors
Maximum Power 25,000 KW
Maximum
Pressure450 kg/cm2
Maximum
Capacity70,000 NM3/Hr
Fluids Handled Air, Nitrogen, Oxygen, Carbon Di-Oxide,
Hydrocarbons, Ammonia, Synthesis Gas,
Hydrogen Sulphate, Coal Gas etc.
GAS CYLINDERS
Maximum
Pressure400 kg/cm2
Maximum
Capacity110 Litres.
Fluids Handled Oxygen, Nitrogen, Hydrogen, Argon, Air,
Helium, Carbon Di-Oxide, Nitrous Oxide,
Acetylene, Ammonia, Chlorine, Freon, LPG,
Compressed Natural Gas (CNG)
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C.N.G.CYLINDER FOR VEHICLE USEWORKING PRESSURE: 200 BAR (204 Kg/cm2)TEST PRESSURE: 334 BAR (340Kg/cm2)
SPECIFICATION - IS: 7285-1988
WATER
CAPACITY IN
LITRES
OUTER
DIA(D') in mm
LENGHTH (L') (Approx) in mm WEIGHT (APPROX) in Kgs
TYPE-'A' TYPE-'B' TYPE-'A' TYPE-'B'
22 232 730 735 33.00 34.50
34 232 1045 1050 44.50 46.00
35 232 1070 1075 46.00 47.50
40 232 1200 1205 51.00 52.50
45 232 1335 1340 56.00 57.50
50 232 1465 1470 61.00 62.50
30 267 716 725 36.00 38.70
50 267 1115 1125 53.00 55.70
55 267 1215 1225 58.00 60.70
60 267 1315 1325 62.00 64.70
65 267 1415 1425 66.00 68.7070 267 1515 1525 71.00 73.70
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BPCL BRANCH OFFICES
MUMBAI
Bharat Pumps &
Compressors Ltd.,
R&C Building, 4th floor,
Byculla Iron Works,
Sir J.J. Road (Adjoining
J.J. Hospital Byculla)
MUMBAI 400 008
Fax No. : 022 23750142
Tel. No. : 022 23716268 /
23774577E Mail :
VADODARA
Bharat Pumps &
Compressors Ltd.,
4 Manasmurti Flats,
14 J.P. Nagar, Opp. G.E.B.
Colony,Old Paddara Road,
VADODARA 390 015
Tel. No. : 0265 2336193
E Mail :
NEW DELHI
Bharat Pumps &
Compressors Ltd.,C-115 Lajpat Nagar 1,
Behind Gulshan Properties,
NEW DELHI 110 026
Tel. No. : 011 29815141
DIBRUGARH
Bharat Pumps &
Compressors Ltd.,
Rupam Building, Minal
Nagar,
DIBRUGARH 786 001
Tel. No. : 0373 2314324
E Mail :
CHENNAI
Bharat Pumps &
Compressors Ltd.,
Gemni Parson Apartment,
E Block, 3rd Floor,
No. 3 Anna Salai,
CHENNAI 600 006
Tel. / Fax No. : 044
28257107
E Mail :[email protected]
KOLKATA
Bharat Pumps &
Compressors Ltd.,
Room No. 222,
2nd Floor, Karnani
Mansion,
21 Park Street,KOLKATA 700 016
Tel. / Fax No. : 030
22269917
E Mail :
E Mail : [email protected]
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CHAPTER-III
ORGANISATION
AT A GLANCE
CUSTOMER SATISFACTION
CORPORATE PHILOSOPHY
MANUFACTURING CAPABILITIES
BOARD OF DIRECTORS
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CUSTOMER SATISFACTION
In Time Delivery,Installation
Commissioning of
Products
Common
Objective To
Maximise Profits
And Minimise
Cost Of The
Customer
Just In Time
Spare Parts
Management-
Low Downtime
Long Term
Preventive
Maintenance
Contract - Low
Cost,
Low Downtime
Continuous
And Rapid
Technological
Upgradation
On The Job Training Programme
For Customer Operational &
Maintenance Personnel
RIGHT TO INFORMATION ACT, 2005:
Right to information Act 2005(here-in-after called the
act) provide for setting out the practical regime of Right to
information to secure access to information under the control of
public authorities, in order to promote transparency and
accountability in the working of every public authority. Bharat
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Pumps & Compressors Ltd., Naini, Allahabad - 211010(India)
is a Public sector Enterprise.
POWER AND DUTIES OF OFFICER AND
EMPLOYEES:
BPCL is a manufacturing unit and a commercial
organisation. Power and duties of the officials are well
defined.
DECISION MAKING PROCESS:
The company is headed by Managing Director. Various
functions of the organisation are managed by product managers
and departmental heads (listed below) who report to Managing
Director.
Pumps and compressors
Business unitCGM(W)
Pump compressor design
DGM(PDD
Pump compressor
production technologyDGM(DESIG
TECH)
Pump & compressor
manufacturingDGM(PCM
Gas cylinder Business Unit DGM(GCD)
Spares part Business Unit SM (SPCD)
Marketing & EDP GM (Mktg )
Material management &
storesGM (MM)
Quality Control & Quality
AssuranceDGM (QC & QA)
Engineering co-ordination
& R & D.DGM (PDD & R&D)
Financial Services CGM (F S,ROs & CSR) & I/C- CS
Human Development ,
Welfare & PEXGM (PEX & HD)
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Workshop services , Plant
Maintenance and SafetyGM (CS & PM)
As company in recent past was drowning so
Government allotted some care takers for some time so as to
revive the company and make it a profitable venture, for that
Government decided to set:
E.I.L. For Technology
B.H.L. For Management
O.N.G.C. For Funds.
CORPRATE PHILOSOPHY AND
OBJECTIVES
THINK BIG AND GROW BIG
Corporate Objectives:
To increase the profitability through judicious
productions.
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To maximise customer satisfaction through
effective Redressal of customer queries and complaints.
To optimise the utilisation of available
resources through comprehensive ERP Techniques.
MANUFACTURING CAPABILITIES
EVEN PICASSO NEEDED A BRUSH AND A CANVAS
And so does our committed force need an excellent and
latest technology manufacturing infrastructure.
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Our manufacturing highlights are:
Modern and sophisticated machine facilities
having latest CNC machines, assembly testing heat treatment
and fabrication workshops.
In-house facilities of non-destructive testing,
ultrasonic and chemical analysis, digital balance machines,
most modern boring & honing machines.
CNG machines for manufacturing of high-
pressure industrial and CNG cylinders.
Strong testing facilities for reciprocating
compressors.
Sophisticated standard room and modern tool
room.
BOARD OF DIRECTORS
NAME DESIGNATION ADDRESSPHONE
NO
EMAIL ID
ABHAY KUMAR
JAIN
MANAGING
DIRECTOR
MANAGING
DIRECTOR,,B.P.C.L. NAINI,
ALLAHABAD,
211010, INDIA
0532-
2687320
R. MANOHAR
DIRECTOR
(NOMINEE OF
GOVT OF INDIA)
B 510 PRAGITI
VIHAR LODHI
ROAD, NEW
DELHI-110003,
INDIA
011-
23063707
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PALLESENA
RAJGOPAL
SHRIRAM
DIRECTOR
(NOMINEE OF
BHEL)
690 ANNA SALAI
NANDANAM,
CHENNAI-
600035, INDIA
044-
24343382
S. DHANDAPANI
DIRECTOR
(NOMINEE OF
ONGC)
ONGC TEL
BHAWAN
DHERADUN
2480030135-
2793754
sdhandapani53@yahoo.
SHYAM
CHOUBEY
DIRECTOR
(NOMINEE OF
EIL)
7045, SECTOR-B,
POCKET-10,,
VASANT KUNJ,
NEW DELHI-110070, INDIA
011-
26101458
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CHAPTER-IV
MARKETING
PHILOSOPHIES
MARKETING
PHILOSOPHY
MARKETING
MIX
TARGET
MARKETING TOTAL
QUALITY MANAGEMENT
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MARKETING PHILOSOPHY
WORK SMART INSTEAD OF WORKING
HARD..
Marketing Objectives:
To become a market leader in design
manufacturer, testing, supply, creation and
commissioning of pumps and compressors.
To be a leader in design, manufacturer,
testing and supply of centrifugal and Reciprocating
Pumps to Nuclear Power Projects Atomic Power Project.
To develop export market for BPCL
products through target based pricing of products.
To improve upon market share for BPCL
Products through target based pricing of products.
To increase the order booking for spare
parts for BPCL supplied equipment through extensive
overhauling and refurbishment activities for the
equipment supplied earlier.
Promotion
Although being a producer of industrial goods,
promotional activities are not found necessary in
BPCL. One more reason for this attitude is that
BPCL is pioneer in this industry and its products
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are well known to its existing potential customers
as of high quality.
ASSUMPTION ABOUT THE
MARKETING PLAN
What is marketing plan:
Marketing plan is systematic anticipation and
analysis of future changes coupled with the methodology
for adapting to such changes. Methodology that will
allow the industrial marketing manager to capitalise on
the changes in order to meet objective and goals of the
company and to gain an edge over competition.
It take care of all the lapses of a marketing
manager and also highlight the weakness of the company
that should be removed for meeting the ultimate objective
of the company i.e. profitability through customer
satisfaction.
Need for Marketing Planning:
The marketing planning seeks to ensure
perpetuity growth and continued profitability to a
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company through devising a suitable business portfolio
and helping maintain a proper balance between short and
long range objectives. It augments the health and image
of a company through proper investment in business
opportunities as well as in various resources. The absolute
necessity of marketing plan becomes more conspicuous in
its absence than in its presence.
As without such a plan:
a. The marketing manager losses control over the
future of the firm. He has no ability to react in a logical
and well-reasoned manner.
b. The manager inevitably ends up managing by
crisis rather than by design.
c. The marketing manager is forced to remain on the
defence with marketing decisions to counteract the well
timed well offensive thrust of competition.
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PRODUCTS
Gas Cylinder:
High pressure seamless industrial cylinders.
Pumps & Compressors
Centrifugal pumps
Reciprocating piston and plunger pumps
Reciprocating compressors carbonate and
ammonia pumps
Sucker rod pumping units
Pumps for nuclear power station application.
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MARKETING MIX
PRODUCT
Product Variety
Quality & Design
Feature & Brand Name
Packing
PRICE
Discount
Payment Period
Credit Terms
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TARGET MARKETING
PROMOTION
Advertising
Personal Selling
Sales Promotion
PLACE
Channels
Locations
Transportation
Logistics
BPCLs marketing cells are situated in:
Vadodara
Mumbai
Chennai
Delhi
Dibrugarh
Kolkata
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4 Ps of BPCL:
It has been a common convention that one should
study marketing of a particular company under the head
of classic 4 Ps. So let us have a look of the situation of Ps
in BPCL.
Product:
BPCL manufacturers mainly 4 types of products
with their subtypes also:
Centrifugal Pumps
Reciprocating Pumps
Reciprocating Compressors
Gas Cylinders (Seamless & Welded)
BPCL have a complete team of design & development
engineers and most of item have been trained at
collaboration works and have through experience of a
wide.
Price:
Discount
Payment Period
Credit Terms
Promotion
Advertising
Personal Selling
Sales Promotio
Place:
BPCL factory is situated in Allahabad, a well knit
team of quality control & quality, throughout all phases
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of manufacturing third party inspecting by reputed
inspection agencies such as Lloyds, Bureau Veritias, EIL,
PDIL, UDHE and HIG are offered to all products at
clients direction. BPCL makes high quality products to
serve various purposes of different companies of diverse
nature. After discussing the 4 Ps we will have brief
description of the prime customer of BPCL.
PROFIT AND GROWTH
STRATEGIES
Prior to liberalised economic policy, public sector
enterprises has the benefits of prince & purchase
preference (with no limit) in case of domestic bids and
deemed export benefits in case of ICG bid with the
increased competition from Private Sector cost into
Indian Market. The following measures have to be
adopted counter external threats and offset our
weaknesses:
Creation of marketing cell:
Marketing cells are fully responsible
Marketing survey
Data bank maintenance for market demand,
business share, competitors data / activities.
To find market strategies of competitors, their
strengths and weakness.
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Collection of site reports and offensive marketing,
their strengths and weakness.
Submission and follow up of offers
Arrangement of technical seminars for new
projects
Updating marketing plans
Once the offer is matured into order, the file will
be taken over by contract execution group.
Relooking into pricing policy:
In view of very trough market conditions and
world recession and low order book position.
Order will be booked on marginal costing basis
Review of pricing policy once order book position
improves recovery overheads from spare parts.
TQM (TOTAL QUALITY
MANAGEMENT)
An integrated organisational approach in
delighting customers (both internal and external) by
meeting their expectations on a continuous basis through
every one involved with the organisation working on
continuous improvement of products, services and
processes along with proper problem solving
methodologies.
Core Values Of TQM:
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S ~Self Discipline
P ~Patience
O ~Openness
R ~Result
T ~Trust
Essential Elements Of TQM:
1. Total employee involvement
2. Just in time / waste elimination
3. Total quality control (TQC)
1. Total employee involvement:
S
KI
LL
a) A
b
l
e
b) U
n
a
b
l
e
ATT
ITU
DE
a) W
i
l
l
i
n
g
b) U
n
w
i
l
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l
i
n
g
(TQP)Total Quality People
Organisation is a tree(IMS)
Organisational fruits(TQM)
Organisational Stem(TQC)
Organisational roots(TQP)
Organisational resources(Cooperation,
Communication and Commitment)
Note:
Total Quality People i.e. HR are the most
important and integral elements of any Organisation.
2. Just in-time / Waste Elimination
Wastes are those hidden problems or
defects within an organisation which result
in delay of production processes and also
affect the cost of production. Hence, these
need to be detected and eliminated at the
earliest in order to meet the need of the
customers just in-time.
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Wastes may result due to any of the
following Abnormalities within the organisation:
a) Inadequat
e System
b) High
Defect
Rate
c) Improper
Work
Method
d) Sluggish
Market
e) Low
Work
Standards
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3W Movement (WAGE WAR on WASTE)
Identify & Eliminate wastage arising from:
Over producing
Time at han
Transporting
Processing itself
Unneeded motion
Unnecessary stock at hand
Producing defective goods
Outdated instruments / machineries
Insufficient scheduling / routine
Congestive set-up / layout
3.TOTAL QUALITY CONTROL(TQC)
It means controlling:
Quality of work
Quality of service
Quality of process
Quality of people
Quality of system
Quality of objectives
Quality of information (verbal / non-verbal)
Quality of life
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CHAPTER- V
ACCOUNTING POLICIES
ACCOUNTING POLICIES
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ACCOUNTING POLICIES
FIXED ASSETS:
1. Capitalisation:
Land given by the government of Uttar Pradesh is valued notionally at
value shown in the records of land Acquisition officer, Allahabad and the corresponding
amount credited to Capital Reserve Account.
Fixed Assets are valued at cost including allocation from expenditure
during construction wherever so applicable.
Capitalisation out of inter plant transfer is made at factory cost
including excisse duty.
2. Depreciation:
Depreciation on assets capitalised and put to use and / or sold /
discarded during the year is charged on monthly pro-rata basis.
Pattern and dies with fabricators, suppliers / contractors and in
stock are depreciated @11.31%.
VALUATION OF INVESTMENT:
Investments are valued at cost.
VALUATION OF INVENTORY:
Raw materials, components and stores and spares:
The pricing of issues of raw
materials, components and stores and spares is done on periodical weighted average cost
method.
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Loose tools:
Loose tools valuing Rs.500/- or above are depreciated @
20% on written down value and below Rs.500/- are charged off revenue.
Work in progress:
Work in progress of the products manufactured by the
company are valued at absorption cost or estimated realizable value whichever is lower
jobs done internally for use in capital works are valued at factory cost.
Finished goods:
Finished goods are valued at absorption cost or realisable
value whichever is lower. Finished goods manufactured against stock orders are valued at
absorption cost.
Advance from customers:
Advance from customers include those received
with letters of intent / sale contract and progressive payments received as per contracts
during the tendency of the order.
Miscellaneous expenditure to the extent not written off or adjusted:
Deferred Revenue Expenditure:
Techs know how / application engineering charges:
Deferred revenue
expenditure of technical know-how fees / application engineering charges are charged off
to profit and loss account as per technical estimates.
Payment under V.R.S.
The ex-grated payment made by the
company under V.R.S. (Voluntary Retirement Scheme) is treated as deferred revenue
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expenditure to be charged off to profit and loss account in five equal yearly instalments.
However, the same is charged to profit and loss account in full, in case of receipt of grant
of equivalent amount from Govt. Of India.
Income:
Sales:
The pumps and compressors, gas cylinders, shell forgings and
other products are billed at 100% sale value on dispatch and accounted for as sales.
Others:
Jobs executed including erection and other services and other
revenues are taken into account on actual on billing / accrual basis.
Claims:
By The Company:
Claims for the price escalation on sale contracts,
export incentives and other fiscal incentives etc. are accounted for on accrual basis.
Against The Company:
Liability arising as a result of final assessment in
respect of custom duty, central excise, income tax, sales tax etc. is set up in the books
during the year in which final assessments are made and / or decided.
Contingent liability is accounted for in the year in
which it becomes evidentially estimable and / or crystallised as payable.
Research & Development expenditure:
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Research & Development expenditure is
charged to profit and loss account in the year of incurrence. However, R&D expenditure
on fixed assets is treated in same way as other fixed assets of the company.
Foreign Exchange:
Liability for foreign currency loan and / or deferred credit
payments is realigned at the years end exchange rates. Any loss or gain arising thereon is
charged to profit and loss account.
Provisions:
Gratuity:
The gratuity liability of the company has been taken into account
based on actuarial valuation got done through actuary, at the end of the year.
Leave Encashment:
The liability on account of leave encashment of the
company has been taken into account based on actuarial valuation got done through
actuary, at the end of the year.
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HUMAN RESOURCE DEVELOPMENT
OUR MUSCLES IS OUR MANPOWER .. AND IT SHOULD BE GOOD.
BPC is engaged in a wide range of activities, which are design, manufacture,
assembling testing, inspection, dispatch, after sales, commissioning of Pumps &
Compressor and after sale service.
A professional and progressive human resource development approach is what
knits together the BPC family together the BPC family of over 1200 employees.
The policies and practices have been formulated with well structured programme
with objective of developing an organisation that will fulfil, comply with and adopt all the
statutory requirement of Govt. Of India in terms of identifying including, training and
development of Indian Nationals. Strive for total quality management through human
resource development based on their strength and the organisation.
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CHAPTER-VI
FUNCTIONING OF VARIOUS
DEPARTMENTS
MARKETING
PURCHASE
PRODUCTION PLANNING
QUALITY CONTROL
TECHNOLOGY
DESIGN
ASSEMBLY
SALES
IMPORT AND EXPORT STORE
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MARKETING DEPARTMENT
Energy is a sector which is vastly flourishing around the world as all the vehicles
and machineries some where or around requires oil. Various companies are indulged in
oil business so as to provide service and furnish their business. Companies indulged in oil
business relates to:
- Oil Exploration
- Oil Refining
The geological section of oil exploration companies search for oil in the block
section. For this purpose they require certain equipments for which they send an enquiry
and pass the tender for the same.
Also oil refining companies while refining oil to extract different forms of oil
from crude oil being provided by Oil Exploration Company, require certain equipment for
which they also send an enquiry and pass the tender for the same. Some of their requiring
equipments are manufactured at BPC, such as Reciprocating pumps, Centrifugal Pumps,
Reciprocating Compressors, etc.
Enquiry is of two types:
- Budgetary
- Firm
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In Budgetary enquiry the budget is estimated as to what is the competitive price
and what is the price company can bear and how can company can add a new feature into
the product to create its USP and still making it competitive in its market.
In firm enquiry the enquiry of firms are made that which are the companies who
can provide the equipments meeting the standards, lower price(L1) and other required
specifications
TENDER:
A tender is a list of required materials in a specific format as
intended by the desired party. After the firm / company enquiry is being made by the
company the tender is being raised or opened so as to invite those companies capable of
meeting the specifications required by the company.
TYPES OF TENDER:
- Global
- National
- Limited
- Single
PARTS OF ENQUIRY:
Commercial:
In this commercial terms are decided with the company
Technical:
In this technical terms are decided with the company.If all the terms are agreed between
parties then supplier is being sent a letter of intent (L.O.I.). Then for furnishing the
objective the company distributes the sale order with help of marketing department to all
sections or department of company for furnishing their orders.
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PURCHASE DEPARTMENT (M.P.X.)
The functioning of purchase department initiates from issuing of indent or requirement
slip, in the organisation the purchase is made of:
Production Items:
- Metallic
- Non Metallic
It includes raw materials, semi finished goods prepared by casting, finished product
Non Production Items:
- Non Consumables
- Consumables
It includes office stationeries, electricity etc.
If indent budget is below 8 lacks then tender committee B takes decision regarding
purchase of items, it includes managers in the purchase department.
If indent budget is above 8 lacks then tender committee A takes decision regarding
purchase of items, it includes chiefs of marketing department.
Some of the items that are purchased are such as face milling cutters, cooling systems, oil
seal, moulds, wax seals, rubber materials, connectors for tube fittings etc.
Normally enquiry for intent preparation takes 21 days otherwise if urgent according to the
requirement.
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PRODUCTION PLANNING (PEX)
In production planning the decision is taken on what would be the procedure for
preparing the product and what would be the methods to be implemented on product
layout is being prepared with the help of list of specifications desired in the order placed
by the customer.
All the production planning is being made so as to what process is to be
performed at what time period with specific time intervals.
Also production techniques are specified, so as to which production technique to
be implemented at what time. So that it can help product developed in a manner to meet
out every possible standard and international standards at the same time.
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QUALITY CONTROL DEPARTMENT
The quality control department is a very vital department for BPC as BPC is a company
engaged in producing equipments used in energy or power sector, where products are
large in size and bulky and also they require huge amount of investment, so quality is the
most basic and unavoidable segment.
The quality control department first inspects the quality control department checks
the sample of materials from supplier and if they pass it, then only the purchase is made.
Then again when product is produced then also quality check is made so as to
satisfy the company as well as the customer since product also carries companys stakes
or goodwill. Various tests are performed in quality check they are:
Quality Control Department has control on all feeder sections. It checks the quality of raw
material and finished products as per standard prescribed. The department can be
categorised as:
1. Machine shop inspection and ultrasonic testing
2. Non destructive testing (NDT)
3. Standard room
4. Assembly testing
5. Chemical lab
6. Mechanical lab
7. Gas cylinder quality control department
8. Stores(QC)
TSX [TECHNOLOGY] DEPARTMENT
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Motto:
To ensure the smooth flow of instruments to match that of material.
Right M/C ~ Right Material ~ Right Tool ~ Right Job.
OBJECTIVES:
To improve the quality of product.
To increase the productivity.
To reduce the cost.
To optimize facilities and machine utilization.
To enhance work culture, working conditions or environment.
5 Ms of Productivity:
Money ~ Capital
Man-Power ~ Workers(HR)
Management ~ Planning
Material ~ Direct / Indirect
Methods ~ Technology
TECHNOLOGY FUNCTIONS:
1. To plan and specify methods and procedures for achieving special requirements.
2. Preparation of process sheets and procedures for specific processes and their
qualification.
3. Designing jigs and fixtures, templates, special tools and gauges and initiate for the
manufacture or procurement.
4. Preparation of vendor process specifications for operations to be off-loaded.
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DESIGN DEPARTMENT
In design department the products design is being stipulated in the process.
Design department sends the list of items to production planning department and they
send it to store to check whether items exist or not from the list of items provided. If not
they are being sent to purchase department and from their again tender is being raised.
The vital decision product is being taken by design so as to decide whether
company would be able to produce or manufacture the product with the specifications as
desired by the customer or not.
ASSEMBLY DEPARTMENT
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After all the quality check is being done and material is purchased the production starts in
various stages; as products are bulky so various parts of the product is manufactured
separately.
After it is being manufactured, there assembling takes place. And the product is
assembled tested and finalised.
After that inspection is done by an inspector i.e. a third party generally they are member
of a statutory body, if product meets the desired standard a Letter Of Award( L.O.A.) is
being issued by the inspector. And he provides a release note after getting it packing is
done and product is being delivered.
Important Terms:
Bank Guarantee:
If any supplier is contingent in supplying the product then bank pays the loss.
Performance Security:
If supplier fails to provide proper service then the bank pays back the customer.
Liquidated Damages:
If delivery is late on part of customer of payment then he is liable to pay back the supplier
the compensation and instead if supplier delays the delivery of the product at a given time
then customer is liable to receive the compensation from supplier leading to deduction in
products price.
Deemed Order:
It is if Indian suppliers get excise free from government in their products delivery with
foreign parties so as to increase exports.
SALES DEPARTMENT
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STEPS TO PROCESS A SALES ORDER
1. Receipt of sales order from our marketing department and spare parts and
component division (SPCD) (SB).
2. Open a file corresponding to the sale order simultaneously control that file in
file control that file in file control register by sale order no.
3. After receiving the packing list from packing department. We are sending
this packing list after valuation to the market in the case of main product
(RP, CP, & RC) and SPCD in the case of spares of above main product for
the rechecking of valuation.
4. After rechecking the valuation of above packing list, the packing list is sent
to the excise cell of our department for the calculation of excise duty.
5. Preparing excise invoice in five copies for clearing the material from factory
gate, after getting packing list from excise cell.
6. Sending this excise invoice to store department for dispatch of material and
after dispatching the material they send us dispatch documents (GR,
Challan, Invoice Cum Delivery Note first copy i.e. original for buyer.)
7. After getting dispatch documents we are preparing commercial invoice in
ten copies with six forwarding :
1. 3 copy for customer
2. 2 for marketing department
3. 1 for branch
4. 2 for office record
IMPORT AND EXPORT DEPARTMENT
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The import and export department helps in supplying products and retrieving
materials from foreign parties. For any importer IEC code is important for every one.
Joint Director General IEC Kanpur issues IEC code without IEC code custom clearance is
not allowed for import forting tender enquiries are done. Only technically accepted offers
are only tendered for EPX:
Floating of tender enquiry
Receipt of quotation and technical scrutiny
Placement of order are technical suitable vendor
Payment terms in import case
- Payment through letter of credit
- Cash against document
After opening of Letter Of Credit shipments are made either by air or by sea through our
authorised forwarding appointed by Government Of India / BPC
Documents required for custom clearance:
Commercial Invoice
Bill of lading in case of air and sea
Packing list
Country of Origin
Classification of custom duty as per custom tariff, rate of fixed custom
duties.
License audit, passing of bill of entries, payment of custom duties delivery
of consignment of custom warehouse
STORE ( M.S.X.)
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Store consists of three sections:
Receiving Cell
Transport Cell
Custody Cell
For which Daily Material Arrival Report is prepared i.e. DMA Report. After
DMA, DR is prepared i.e. Daily Receipt of stores in which location is specified after that
SRV is prepared Store Receipt Voucher and all the copies of SRV are distributed to all
concerned departments.
After SRV is prepared material is being checked by quality control inspector if
accepted then it is undertaken otherwise rejected by rejection store. After undertaken
custody department takes over.
SRV is maintained in group codes and is matched by material. The store keeper
keeps a watch on the procedure. The entries are made and materials inventory is
maintained. After all formalities the details are sent to finance department and feedings
are made.
PEX department issues Store Issue Voucher which is are forwarded to work in
progress department. After forwarding material ship the materials code is matched and if
found true then it is transferred to W.I.P. Custody time to time issues material for
production so that there cannot be any in convenience while production.
In transport cell items are transported in and out of the organisation, if only few
items are there for transporting then BPC sends Their Truck. The terms of payment by the
party in the process of transport are:
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CHAPTER-VII
DATA COLLECTION
DATA COLLECTION
RESEARCH METHODOLOGY
RESEARCH DESIGN
DATA COLLECTION
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Primary Data-
Primary data is collected from all the executive officers of the organisation through direct
interview method .
Secondary Data-
The secondary data was collected through annual report, magazines, personal manual,
charts and tables.
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RESEARCH METHODOLOGY
A description of the procedure employed to achieve the objective comes under the
methodological section of this project. The methodological includes the overall project
design including sampling procedures.
Statement of studies objective, the output of the study.
Statement of the data input, or casual data on the basis of which solution is to be
read.
The analytical method with which the input will be treated or calculated.
Research methodology is generally conducted on the basis of primary and
secondary data.
Research methodology is generally conducted on the basis of primary and secondary data.
1. PRIMARY DATA
The primary data are those data which are collected fresh and for the first time and is
always in original form, we can obtain direct communication with respondents in one
form or other of through personnel interview.
Primary data was collected with the help of:
Questionnaire
Direct interview
Telephonic interview
Marketing department
2. SECONDARY DATA
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The secondary data are those data which are collected from existing record that are easily
available in the market. In my project I have collected secondary data from various
magazines, Newspapers, various books and office records.
Secondary data was collected from the following:
Annual Report
Magazines
Personal Manual
Charts and Tables
Websites
RESEARCH DESIGN
The noun design has various meanings, but the one suitable for our subject is
pattern or outline of study. The statement includes the essential elements of the study.
Those that provide basic guideline for the details of the project. It comprises of a series of
discussion that, taken together, provide a master plan for executing this project.
A master plan though is comprehensive but it gives a general statement of the
methods used, in contrast to the details that should be written to be sure of the specific
work to be done. It gives the overall operational pattern or framework of the project that
stipulates what information is to be collected from which sources and by what procedure.
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CHAPTER-VIII
PROJECT ANALYSIS
FUNDAMENTAL ANALYSIS
ANALYSIS OF MARKETING
PLAN
PRODUCT ANALYSIS
EXPORTS
FUNDAMENTAL ANALYSIS
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Fundamental analysis looks at a shares market price in light of the companys
underlying business proposition and financial situation. It involves making both
quantitative and qualitative judgements about a company. Fundamental analysis can be
contrasted with technical analysis, which seeks to make judgements about the
performance of a share based solely on its historic price behaviour and without reference
to the underlying business, the sector its in, or the economy as a whole. This is done by
tracking and charting the companys stock price, volume of shares traded day to day, both
on the company itself and also on its competitors. In this way investors hope to build up a
picture of future price movements.
MARKETING PLAN
Marketing plan is a systematic anticipation and analysis of future coupled with
the methodology for adapting such changes. It takes cares of all the lapses of a
marketing manager and also highlights the weakness of the company, which would be
attacked for meeting the ultimate objective of the company i.e. Profitability through
Customer Delight.
IMPORTANCE OF PLANNING
There are following importance of planning to management of business:
Planning forces on the future direction, values and sense of purpose; basic
objective tell the direction of growth.
Planning provides a unifying decision making framework and facilities
integration of efforts.
Planning helps to identify potential market opportunities and threats.
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Planning offers standards of performance for comparison and evaluation and
evaluation of actual performance.
Planning enable the organization to tune its business with environment and
establish a profitable relationship with environment.
Precise plan can achieve a correct balance among:
o Corporate resources
o Corporate effort &
o Market potential
Planning assures effective management of change and thereby survival and
growth and the enterprise. If there is anything constant, it is change. Change is
manageable only through conscious planning. for instance, planning can reveal
future threats and uncertainties or probable changes in the national economy.
Management can be prepared to face the change, convert difficulty into
opportunities and meet challenge of change (resistance to change with
reasonable success.)
We determine our goals, policies, procedures and time bound precise action
plans in advance and all activities are well coordinated and direct along
predetermined channels on the target markets. Hence there is no problem of
confusion or chaos, no barriers of communication and no need to grope in the
dark. Thus we have an orderly and smooth journey to arrive at our destination
as per plan.
ANALYSIS OF MARKETING PLAN
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Tender/Enquiries from Customer
Marketing Department(Register all Tender)
Design Application Department
Design Estimation Department
Marketing Department
(Preparation Of Offer)
Offer Submitted to Customer
Offer Negotiation
(Commercial terms & condition, Technical quarries if any)
Purchase Order Placed by Customer on Suppliers/Manufactures
Work Order issued to the respective Department
Job Manufactured
Inspection and Testing
Packaging
Departure Of Customer
Equipment Erection and Commissioning
Payment follow up/collection(Marketing Department)
Troubleshooting
(If Any)
PRODUCTS ANALYSIS
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Every product is designed in a particular way product analysis enables us to
understand the important materials, processing, economic and aesthetic decisions which
are required before any product can be manufactured. An understanding of these decisions
can help us in designing and making for ourselves.
The first take in product analysis is to become familiar with the product! What
does it do? How does it do it? What does it look like? All these questions, and more, need
to be asked before a product can be analyzed. As well as considering the obvious
mechanical (and possibly electrical) requirements, it is also important to consider the
ergonomics, how the design has been made user-friendly and any marketing issues these
all have an impact on the later design decisions.
CHOOSING THE RIGHT PROCESS
It is all very well to choose the perfect material, but somehow we have to make
something out of it as well! An important part of understanding a product is to consider
how it was made in other words what manufacturing processes were used and why.
There are 2 important stages to selecting a suitable process:
Technical Aspect:
- Can we make this product? On time?
- Will the material be available?
- Will it provide desired level of performance? In all circumstances or in a
given condition?
Economic Aspect:
- What will be the budget?
- Can we make it in proposed budget?
- Will it be a profitable venture?
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- What opportunities it will inculcate for the company in world market?
(1) PRODUCT: CENTRIFUGAL PUMPS
RANGE : Capacity up to 12000 m4/hr 7 pressure up to 140 kg./cm2 with
power limited to 2500 KW.
FLUID HANDLED : Demineralised water, sea water, hydrocarbon, nitrogen, LPG.
Carbonate solution; border feed water, Benefied solution,
ammonia, Ligour & slurry.
(2) PRODUCTS: RECIPROCATING PUMPS
RANGE : Maximum pressure 675 kg/cm2 maximum capacity 315
m3/hr
LIQUID
HANDLED
: Drilling mode, cementing slurry, crud oil steam, condensate,
heavy water, fatty aid, ammonium carbonate, liquid ammonia,
water injection.
FERTILIZERS:
Ammonia Reactor Feed Pumps
Carbonate Feed Pumps
Wash Pumps
REFINERIES:
Sulphodizing Chemicals Pumps
Secondary Seal Oil Pumps
OIL AND GAS EXPLORATION:
Crude Transfer Pumps
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Crude Transportation Pumps
Effluent Pumps
Water Injection Pumps
Drilling Mud Pumps
Work Over Rig Pumps
Cementing Slurry Pumps
Sucker Rod Pumps
(3) PRODUCT: RECIPROCATING COMPRESSORS
RANGE Maximum pressure -450 kg./cm2
Maximum pressure -450 kg./cm2
Maximum power 25,000 KwGASES HANDLED Air nitrogen, oxygen, hydrogen, carbon Di- oxide,
hydrocarbons, ammonia, syntheses gas, hydrogen- sulphit
coal gas etc.
FERTILIZERS:
Synthesis gas compressor for Ammonia plants.
Ammonia Refrigeration Compressor for Ammonia plants.
Carbon di oxide compressor for Ammonia plants.
Oxo-syn gas make up and recycle services for methanol plants.
Hydrogen & Hydro-carbon service for Caprolactum plants.
Natural Gas Compressors for Urea Plants.
Bone Dry Nitrogen Compressors
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REFINERIES:
Make up Hydrogen service for Hydrocracker plants.
Crude overhead gas service for CDU plants.
LPG bottling service compressors for LPG bottling plants.
Soure Gas service for Hydrocracker plants.
Propane De-asphalting plants.
OIL & GAS EXPLORATION:
Injection Air Compressor for Combustion plants.
Associated Gas Compressor for LPG Extraction plants.
Crude Overhead Gas Compressor for Natural Gas.
Booster Service Compressors for Natural Gas.
Gas Lift Service Compressor for Natural Gas.
Gas injection service compressor for Natural Gas storage.
Air compressors for well activation service.
Condense off gas service for Gas sweetening plants.
Propane Gas service for Gas processing plant.
PETROCHEMICALS:
Pacol compressors for lab plants.
Hydrocarbon Compressors for LAB plants.
Vent gas compressors for Gas Cracker Complex
Ethylene primary compressors for Poly ethylene plants
Xylene Compressors for Isomerisation
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EXPORTS
1. Objective:
Situation Government of India in its new industrial policy has great
emphasis on exports in all spheres including engineering goods. In view of
this BPCL should immediately explore possibilities for export and
services.
The recent devaluation of rupees and the rupees convertibility will
help BPCL to be more competitive. It is true that immediate returns will
not accrue, but certainly it will help BPCL in the export business in the
long run.
Once we enter into export market handling of foreign turnkey
bidders, will be easier and they will be attached towards BPCL
automatically.
2. Scope for export:
Pumps and compressors are being manufactured with latest
design and technology. Once quality and delivery is maintained entry into export market
will not be difficult with little additional efforts. Export market exists for following
products Centrifugal and Reciprocating pumps, Reciprocating Compressors, Gas
Cylinders finished castings, components for pumps and compressors. Target market for
above items exists in following countries Middle East and African countries such as
Arabia, UAF, Iraq, Uganda, Philippines, Nigeria, Sudan, South East Asian Countries such
as Romania, Russia etc. Neighbouring countries such as Bangladesh, Sri Lanka and
Nepal etc.
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3. Past performance:
(a) 10 numbers centrifugal pumps to Romania during 1984-85 of value Rs. 17
lacs
(b) 1500 nos. gas cylinders to Oman and Kuwait during 1970-80
(c) BPCL has executed an order for 12000 oxygen and 11000 DA cylinders.
Valuing Rs. 1000 lacks for Algeria through Mhan Exports India Ltd.
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CHAPTER-IX
CONCLUSION
CONCLUSION
LIMITATIONS
SUGGESTIONS
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CONCLUSION
It is felt that the company is now better geared to manage its order execution cycle
more satisfactorily orbit this assessment is based on an analysis of its currents order book
log position. A security of its recent operational and financial performance a study of
orientation related to order execution also due consciences has been taken of the series of
systematic improvement recently implement by the company.
The main objective attained from the study of marketing plan and product analysis
is to grow the company (BPCL) in following areas:
Grow its Capital in Market
Sustain and Grow its Market Share
Grow Performance Wise.
Understand and meet out Customer Demands
Create Goodwill
Improving Technology
Becoming a leader in Design, Manufacturing, Testing, Supply of Pumps and
Compressors.
Attain Share in Foreign Market, also.
In the absence of proper marketing plan and analysis company may lose in all
above mentioned areas. Thus for growth of economic, social health of the organisation in
local and global market proper designing and analysis of marketing plan must be
carefully and effectively conducted to gain desirable results.
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LIMITATIONS
Time Constraints:
A two months time limits us to understand completely the
market requirements and all round working perspective of the company.
Position and Authentication Constraints:
With no authority or position it was
sometimes difficult to convince the customer in front as summer trainee holds no
responsibilities in the eyes of corporate.
No Customer Interection:ection
It is because the customers of BPCL
are big organisations, these organisations are situated outside Allahabad. So ,
there is no interection with customers of BPCL.
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SUGGESTIONS
In the report we have seen the graph of order booking targets and sales turnover.
In the graph of order booking we have seen that the order for our product is increasing
year. It means that with the increase of order to target. We have efficiency of the
organisation; we have to improve on certain points:
Cost efficiency:
To get the achievement of cost efficiency we have to keep
certain points in our mind they are resale of scraps, inventory management, work
distribution.
Profit generation:
In the SWOT analysis we have seen there is a great
opportunity products, these can be turnkey for the company. The company should
try to work on export. They should lay more emphasis on export.
Improving technology:
There is no doubt that the product of company is not
good.
But from time to time the regular improvement of the technology. It improves the
quality of the product as well as save the time.
Becoming a global player:
With the last dealings we can conclude that the
company had satisfy there maximum customers. After those dealings the company
should try to get a good name in India as well as in international market.
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Employee handling:
Generally we have seen that in the maximum government sectors there is lack of
professionalism. It means that we have to make an environment of work in the
company. The company should try to motivate the worker to become punctual and
loyal for the company.
Product:
PRODUCTS MARKET SHARE
o Centrifugal Pumps 10%
o DA Cylinders 25%
o High Pressures Cylinders 10%
o Sucker Rod Pumping Unit 02%
o Reciprocating Pumps 25%
o Reciprocating Compressors 10%
Centrifugal Pump
ReciprocatingCompressors
DA Cylinders
HP Cylinders
SR Pumps
Reciprocating
Pumps
TOTAL MARKET PRESENCE OF BPC (Product wise)
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In the given statistics we have seen the market share of the products. In the case of DA
Cylinders and Reciprocating Pumps there is largest market share of BPC. It means we
should concentrates on those products which have very low market shares.
CHAPTER-X
QUESTIONNAIRE
QUESTIONNAIRE
ANSWER SHEET
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QUESTIONNAIRE
Hello, Sir/Maam, My name is Pradeep Kumar Singh pursuing Masters Of
Business Administrations from Bhagwant University Ajmer (Raj.). I am conducting a
survey on behalf of Bharat Pumps & Compressors Ltd. Naini, Allahabad about the
customers feedback over products and services provided by Bharat Pumps &
Compressors Ltd.
Please provide your fruitful comments, I assure you these will surely be
acknowledged and will be passed on to the management and also this will be beneficial
for my project.
Any sorts of inconvenience are deeply regretted. Hoping for the best.
Thanking You..
Questions:
1) Name / Address of the Customer/Trader Date
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2) From which company do you purchase Gas Cylinder?
a) BPCL b) Everest Kanto Cylinder Ltd.
c) Hindustan Cylinder Co. Ltd. d) Others
3) Why do you purchase Gas Cylinders/Pumps/Compressors from BPCL?
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a) Better quality and technology b) Reasonable Price
c) After Sales Services d) Timely Delivery
4) Why you dont purchase Gas Cylinders/Pumps/Compressors from BPCL?
a) Inferior quality and technology b) High Price
c) Delay in delivery d) Poor after sales
5) Which types of Cylinders do you use?
a) High Pressure Cylinder (seam less Construction)
b) Low Pressure Cylinder
c) Dissolved Acetylene Cylinder.
6) What are your annual requirements of Gas Cylinder?
a) High Pressure Cylinder b) Low Pressure Cylinder
c) DA Cylinder
7) How much the price of Cylinder affects the decision?
a) Totally b) Fairly
c) Partially d) No effect
8) How much the delivery of Cylinder affects your buying decision?
a) Totally b) Fairly
c) Partially d) No effect
9) What are needs and demands of Pumps and Compressors of BPCL in India?
a) Very Large b) Few
c) No d) Cant Say
10) Why foreign companies prefer Indian companies in technology these days?
a) Better quality and technology b) Low Price
c) Quick Delivery d) After Sales Service
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11) Do it (BPCLs Product) provide better results in functioning?
a) Yes b) No
c) Cant say
12) Which type of Pumps do you prefer?
a) Centrifugal Pumps b) Ammonia & Carbamate Pumps
c) Reciprocating Pumps d) Others
13) Please recall the name of companies from where you would like to urchase
pumps and compressor other than BPCL.
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14) How much quality of pumps and compressors effect the functionality decision
a) Totally b) Fairly
c) Partially d) Least
15) How much are you satisfied with delivery system of Cylinder, Pumps &
Compressors of BPCL?
a) Definitely Satisfied b) Satisfied
c) Quiet Satisfied d) Not Satisfied
16) How much are you satisfied with after sales service of BPCL?
a) Totally b) Satisfied
c) Partially d) Least
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THANK YOU...
ANSWER SHEET:
Provided by customer (considering majority)
2) a) BPCL
3) a) Better quality and technology
4) b) High Price
5) a) High Pressure Cylinder(seam less construction)
6) a) High Pressure Cylinder
7) b) Fairly
8) 80% of buying decision.
9) a) Very Large
10) a) Better quality and technology
11) a) Yes
12) b) Ammonia & Carbamate Pumps
13) Urea, GERMANY
14) c) Partially
15) a) Definitely Satisfied
16) b) Satisfied
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CHAPTER-XI
ANNEXURE
The internet is a powerful source of information related to management theories
and practices. This annexure has been compiled for the net-savvy reader who would like
to surf the net for information on an aspect that is, in some way, related to matter covered
in this project work. This compilation is meant to be illustrative rather than
comprehensive and there might be many other sources. You must be on the guard as
every site listed on the search engines under the title Marketing Plan and Product
Analysis may not be related to my project over my study undergone in BPC Ltd. It may
be a site related to general references, articles and slides over management theories on
Marketing!
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CHAPTER-XII
BIBLIOGRAPHY
Bibliography refers to the sources through which information has been retrieved
in my project development:
Books & Magzines:
Marketing Management By
( Philip Kotler )
Economic Times
Annual Report of BPCL.
Websites:
www.google.com
www.bharatpumps.co.in
www.altavista.com
http://www.google.com/http://www.bharatpumps.co.in/http://www.altavista.com/http://www.google.com/http://www.bharatpumps.co.in/http://www.altavista.com/8/3/2019 P.K. Singh 12
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