78028444 vega-helmets-organisational-study

VEGA AUTO ACCESSORIES PVT. LTD, BELGAUM

DECLARATION

I Aditi Bhutra here by declare that the project entitled Organization

Study of Vega Auto Accessories Pvt. Ltd at Belgaum has been submitted to

Karnataka University Dharwad, as per the requirement of the graduate degree course

of Bachelor of Business Administration (BBA) of Karnataka University Dharwad,

This report is also submitted to the Vega Auto Accessories Pvt. Ltd Belgaum.

Place:-

Date:- Aditi Bhutra

ACKNOWLEDGEMENT

It is indeed a pleasure to acknowledge the contribution of those who have

helped me in the preparation of this report

I take this opportunity to express my sincere thanks to External guide

Mrs. Sangeeta Chandak [hr Manager] of Vega Auto accessories Pvt Ltd Belgaum for

giving one an opportunity to do this project report.

I thank principal of our institute prof: Sandeep Nair for helping me in

preparing the report.

I would like to thank company staff Mr.Parshuram Sir

and Mrs.Rajshri Madam for helped in this report

My special thank to prof: Prasad Kapileshwari internal guide for giving

me valuable information and his co-ordination in providing various material for my

project

I thank to my parents and friends who shared the valuable information view

and their ideas.

TABLE OF CONTENTS

S.NO CONETNTS Pg. NOI Executive Summary

* Need for the Study 6* Objectives of the Study 7* Scope of the Study 8* Limitations of the Study 8* Methodology Adopted 9

II Industry Profile 10

III Company Profile

* Background and Inception 14* Nature of Business Carried out 16* Vision, Mission and Quality Policies 17* Product Profile 20* Competitors’ information 21* work flow model 22* organizational structure 23

IV Departmental Study 25

V SWOT Analysis 46

VI Findings And Suggestions 48

VEGA AUTO ACCESSORIES

INTRODUCTION TO THE STUDY

NEED FOR THE STUDY

OBJECTIVES OF THE STUDY

METHODOLOGY ADOPTED

SCOPE OF THE STUDY

LIMITATIONS OF STUDY

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NEED FOR THE STUDY:

As per university curriculum it is compulsory for every management student

to undergo in plant training for one month for the purpose of knowing the corporate

culture of the enterprises, and acquiring depth knowledge about the company during

the period.

Keeping in view the above discussion the project entitled “organizational study of

Vega Auto Accessories PVT Ltd” has been prepared and submitted to Karnataka

University Dharwad.

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OBJECTIVES OF THE STUDY

To Study the Organization Structure and Establishment of Vega Auto Accessories

Pvt. Ltd.

To Study the Production Process of Vega Auto Accessories

To Know the Practical Knowledge of Manufacturing Firm.

To Study the How Different Departments are interlinked in Vega Auto Accessories.

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SCOPE OF THE STUDY

The duration of the project was four weeks and which covers the

geographical, analytical and the functional aspects which relates to Vega Auto

Accessories PVT Ltd, Belgaum.

LIMITATIONS OF THE STUDY

The study covers the information of Vega Auto Accessories Pvt. Ltd,

Belgaum only

The Time span for the completion of the project was too short.

The Managers and the workers are busy. So they have not cooperated with us

properly.

The study contains the secondary information which is collected by the

interaction with various employees.

The figures shown in the annual reports may not be accurate and actual ones.

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METHODOLOGY

Primary data:

Here the primary data has been collected through personal

observations and discussions with various departmental heads, sales

executives, and the employees.

Secondary data:

The secondary data in the project report has been collected by the

company magazines, reports, files and also from company website

www.vegaautoaccessories.com

www.vegahelmets.com

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INDUSTRY PROFILE

Helmets Production and its usage have a long history in India context. Right from

the ages of Mahabharata and Ramayana, helmets have been in usage as a productive

safety hedgers. Formally helmets were produced employing mental and alloy. Then

helmets were stiff and stiff and heavy. As time progressed, they to assume manifold

purposes. Besides producing helmets as a safety component, the companies/ industries,

general utility, mining and sports sectors also.

The discovery of plastics, polymers and viscous liquids changes the outlook of

helmets industry. Prior to independence, the usage helmets in India, as part of traveling

requirement was significantly less. The personnel serving in the British army mostly used

these. Helmets were mostly imported from England. Then helmet production industry

was yet to take its birth in India.

The helmets and auto industries in India is developing at fast pace there are many

big player in this industry namely STEEL BIRD,HISTAR MPA, VALAZA

,STUDY,VEGA,VOLGA, and the rest from the unorganized sector. The industry has

good scope and potential because of the changing market dynamics and the massive

demand for helmets. In the 1973 gadgets India, the first company in the blaze group and a

first of its kind in India developed a helmet line under the brand name blae. In the mid-

1970s, helmet usage was not popular in India. In the early stages the sales were low and

grew slowly. Later at the end of the 1970’s then two more companies entered in the

market. Steel bird entered with its high priced helmets and conquered with its low-end,

cheap industrial helmets. By this the helmet industry was developing at moderate speed.

The blaze was co-operating in the both ends, producing at premium helmet price

10% lower than steel bird’s and lower quality helmets of more price conscious

consumers. Blaze quickly secured a leading position in both the high and low ends of

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these embryonic helmet markets. The brand become synonymous with helmets in India,

and its market leadership was virtually uncontested though the remainder of the 1970’s

and into the first half of the 1980’s.all blaze products complete with the revelent country

or regional standard. They had good brand in the domestic market. This was mainly due

to its marketing strategy and efficient distribution channel. Meanwhile a Steel bird with

market share was growing at steady pace. The market share of blaze was 75% and Steel

bird with 15%ans rest 10% conquered else.

Vega entered market in the early 1980’swith annual sales of 10000 units per year.

At the same time histar 50 odd small manufactures entered the market. The small

manufactures came with low end models, often sold in temporary roadside stands by

individual sellers, independent of any building histar completed directly against blazes

premium product line adopting a strategy similar to that used by blaze’s Steel birds, histar

priced its premium product 10% less than blaze’s prices at the low –end of the market as

well. A few of these smaller manufactures infringed on blaze’s brand name, they made

helmets identical appearance to blaze’s line but at much lower cost. The duplicate bore

the blaze’s brand name and could not be distinguished from genuine blaze’s helmets.

The duplicate retailed for Rs. 170, while blaze’s cost for manufacture was greater

than Rs.210 trade mark infringement was not legal under Indian law, however in the past

when blaze had tried to prosecute violators of it trademarks, the penalty for infringement

was not high enough to justify the two year prosecute period. The domestic market for

helmets, a derived from bi wheeler usage, grew steadily through the early 1990’ as did

the no of competitors. Meanwhile blaze was the first Indian company to export helmets to

Italy & Germany. As there was improvement in technology & new production methods

were adopted by the manufactures helped them to cater the needs of the domestic

markets. Then steel bird entered the foreign market, as later on Vega also started

exporting their helmets. Regions within India had the authority to create their own helmet

laws.

As a result, helmet use was mandatory in some regions and optional in others.

Helmet laws were enacted and retracted frequently, as local Govt. charged. In regions in

which the rider was forced by law to be a helmet the soul criterion for helmet purchase

was price. Safety, style and brand name were not important factor in these consumer

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minds. At the end of the 1990’s the export also started rising because the production cost

of Indian helmet was cheaper than the manufacturers for the Thailand and Malaysia.

About four years ago growth in the helmet segment was cruising along at around

10% annually. Now it is hurtling along at almost 40%. That’s why even global players

are now looking at India. AVG is the only foreign brand. Which is sold in Indian

companies is tied-up foreign a company like Steel bird has an existing technical

collaboration with Italian helmets company bieffe, it is also collaboration with companies

like GPone and Neva. American company Daytona helmets, which has tie-up with

Belgaum based Vega accessories.

The fact that the Indian helmets marker isn’t anywhere as big as it ought to be.

There are two key reasons for this. Firstly, wearing helmets was only compulsory in

Delhi and half-a-dozen other states, most others parts of the country were still dragging

their feet about implementing helmet wearing. That’s the only problem faced by helmet

manufacturers. It is reckoned that about Rs.200 crores worth of helmets are sold in

domestic market annually. But almost 50-60 % of them are produced in the unorganized

sector, these are probably the ones you see being sols by the road side.

Nevertheless, the organized sector players like Vega, Steel bird, MPA and studs

are extending their range, conducting road shows, initiating road safety lectures, and even

forging alliances with foreign partners to make the most of the growing demand.

THE HELMET RULING section 129 of the central govt. motor vehicle act makes

it mandatory for two- wheeler riders to wear productive helmets. While Delhi is among

the first Indian states to implement it stringently, the rule was actually imposed in

Maharashtra following a High court ruling to a public interest litigation of 2001, typically

confusion reigned among the traffic police department on the implementation of the rule.

The directive insists on a helmet for the pillion rider too. However, due to the high ratio

of two wheelers riders versus the no. of helmets currently available in the market, the

traffic police have relaxed the clamp on errant pillion riders for the time being.

There was a time when many found seatbelt uncomfortable and ignored. But a

court ruling made it mandatory and strict implementation by the traffic police bought it

into force. People resigned themselves to the fact that there is no escape in it and today it

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is not surprising that the majority of people subconsciously belt hope as soon as the site

in their cars.

The some will hold true for helmet. A few to the Mumbai traffic

police’s interventions, more riders are being seen wearing helmets. A prominent helmets

store in the city is witnessing unprecedented sales, proving that there was an alarming no.

of riders without helmets on Mumbai roads, prior to the enforcements of the ruling. One

of the most common complaints against helmet is that they are cumbersome to lug

around. But the sheer nature of two- wheeler transport makes it necessary.

In the months of helmet industry boomed as the govt. made rules

for mandatory use of helmets though it is in not practice through out the world, but

helmet industry used it as an opportunity to be stable in an industry.

It made huge sales in the domestic market.

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COMPANY PROFILE

BACKGROUND AND INSPACTION

Vega Auto is one of the leading Helmet manufacturing organizations in India. It is

one among the very few organized sector of the trade Vega is based in Belgaum and

under the Management of “CHANDAK” has seen growth at the very steady pace Vega

was incepted or established in 1981. All their products are in compliance with ISI quality

mark. Vega has a dealership network of around 320 across the country.

Vega spearheaded by Mr.DILIP PREMCHAND CHANDAK Managing Director

and CEO of the company has been the driving force behind Vega. He is a self motivator

and inspiration to the organization. His younger brother Mr.GIRIDHARI CHANDAK,

Mr.SUHAS CHANDAK and Mr. UTTAM CHANDAK ably support him.

Vega since 1981 is committed it self with the moral responsibility of

incorporating safety norms in every norm in each aspect of the Helmets that it

manufactures quality and not quality has been the motto in every stages of production.

This quality aspect has boosted the sales of the company to a greater plat form in these

two decades.

The bureau of Indian Standard approve the products manufactured by

Vega Auto, Vega has also made it mark in the international market also Vega Auto has

production centre at Udyambag the industrial area of Belgaum the helmets and other

safety equipment manufactured at Vega have almost because a household name in the

state, Vega industries also have one of its unit, located at Shahapur. Top notch quality

Helmets are the result of constant R and D innovation in design hard work employee and

emphasis on the current trends in the industry in a span of two decades Vega has carried a

niche for it self has thus clarified the name of Belgaum in the international market

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ABOUT THE COMPANY

Business type : Exporter, Manufacturer

Capital in Rs: : 25crors

Export percentage: : 40%

Primary competitive: : Excellent quality, Advanced technologies

Advantages and timely delivery

Sales volume : Rs 30crors

Number of staff : 200

Year of establishment : 1981

Export Markets : USA, Germany, Israel, Italy, UAE

Number of designers : 24

Monthly production : 30000 Helmets production capacity is 45000

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* NATURE OF BUSINESS CARRIED OUT

Vega produces Helmets in a large scale. It expended its business out side the

country is it exports it product to foreign country like wise USA, Germany, France,

Singapore etc

Vega initially started with small unit later it grow to extreme height and

thus grabbed foreign markets, now Vega is said to be the number one Helmet making

company, Vega believes in quality and it is a profit making company among Indian top

most companies.

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VISION OF THE COMPANY

The word vision means the goals the company wants to achieve in its future life.

It also consists of mission.

Vega Auto Accessories is to serve its customer with good quality of the products and

a low price

Employee empowerment will pay a vital role in this vision

It wants to be the leading manufacturing company in Helmets and Accessories in

India.

To create its brand image in the export criteria

To be the best company in the India

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MISSION OF THE COMPANY

Vega=quality + products

Keeping in mind the vision furnished the whole Indian as well as global market on the

world.

As it is a products oriented organization it made its popularity in the market on the

basis of maintaining the good relations with the customer

They gave individual attention and puncture service to their customer,

To be the top most profit making organization in India

To grab the latest technology easiest method of production.

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QUALITY POLICIES

Quality leading is vital to the long term success of Vega Auto Accessories in an

increasing competitive market place.

Building quality in to our workplace product and service ix essential to a success full

future for our customers, employers, supplier’s communities, and organization.

Vega Auto Accessories will work to provide product and service that always meet our

exceed expectation of their customers.

Management will commit resource and create an environment in which each employee

can contribute skills, talents, and ideas to a never ending process of improvement and

innovation in all aspect of our business.

Newness in the product.

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PRODUCT PROFILE

Vega Auto Accessories Pvt. Ltd. is one of the leading Helmet manufacturing

industries in India. It also produce caps, T-shirts, bags, and also markets the small parts

of Helmet like locks, visors, Helmet stickers.

Vega Auto Accessories have mainly two types of Helmets.

1. OPEN FACE HELMETS

2. FULL FACE HELMETS

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COMPETITORS AND THEIR INFORMATION

1) Studs Accessories Ltd : Faridabad

2) Steel Bird Hi-tech India Ltd : Delhi

3) Aerosate : Calcutta, kerala

4) Wrangles Helmets : Sohha, Hariyana

5)MPA Helmet : Mumbai

6) ERGO ISO

7) Habsolite : Delhi

8) Power : Delhi

9) JMD : Delhi

10) Rail : Italy

Local

1) Safe : Belgaum

2) Volga :Belgaum

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WORK FLOW MODEL

Moulding Line Removing

Cutting & Filling

Drilling & Slot

Primer 1st putty Sanding

1st putty PV Sanding

Touch up Sanding Final Inspection

Painting

Inspection Lacquer Sicker & Logo

Sanding

Assembly Packaging & Dispackage

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ORGANISATIONAL STRUCTURE

CHAIRMAN

MANAGING DIRECTOR

Director Administration \

Finance \ Marketing

Director Production

Director Research &

Development

Human Resources

Development

Marketing Manger

Account Manager

Purchase Quality Control

Legal Consultan

t

HR Manager

Recruitment

House Keeping

Production Team

Account section

Sale Force

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Mr.Premchand Chandak

[Chairman]

Mr.Dilip.p. Chandak

[Managing Director]

Mr. Giridhari. P. Chandak

[Purchase& Marketing manager]

Mr. Suhas. Chandak

[Production manager]

Mr. Uttam. P. Chandak

[R&D Manager]

Mrs. Shalini. Chandak

[Accounts Manager]

Mrs. Sangeeta. Chandak

[HR Manager]

Mr. Dilip .P. Chandak

[Finance Manager]

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DEPARTMENTS OF THE COMPANY

The Vega auto accessories are a Helmet manufacturing industry. It consists of

departments such as follows:

HRD Department- 1

Production Department- 2

Marketing Department- 3

Purchase Department- 4

Packaging Department- 5

Finance Department- 6

Research& development Department- 7

Quality Control Department- 8

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HUMAN RESOURCE MANAGEMENT

Vega Auto Accessories has 200 white collar worker& 8 Blue collar workers. The

production is labour intensive and

no more machinery is used in the production.

List of workers

P- Permanent

T- Temporary

In Vega auto accessories company temporary workers are more.

Wage system:

The wages are paid in the weekly basis for the no. of hours worked. The working

hours are from 9.30am to 6.00pm.The break is from 1.30 to 2.00pm. The management

has provided a cup of tea twice in a day to workers.

If the worker is blue collar than experience is not important but his working

capacity is considered. The permanent workers are getting provident fund and they are

insured under the ESI. All the workers are getting bonus twice in a year.

Promotion:

Vega auto accessories industry provides promotional activities to their workers.

No scope for workers to talk with Mgt but there is scope for promotion.

Unit Moulding Tailoring Assembly Total

Type of worker P T P T P T

Male 2 20 2 34 18 12 88Female 8 62 0 4 4 34 112 Total 10 82 2 38 22 46 200

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Recruitment

Recruitment means to find out the prospective candidates and attract them to

apply for job. Vega auto accessories are using two sources of recruitment like internal

sources and external sources.

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McKinney’s 7’s

1. Structure :

2. Staff:

The information and data in this report pertaining to the various aspects and

functional details of the management of the organization , their hierarchy and structure ,

role and functions , operational methodology , as also the important polios attach to these

departments have been rendered. The information and data gathered from the respective

heads of the organization is true to the best of their knowledge. A brief mention of the

industrial analysis of the helmet industry has been already included along with the

company profile in the proceedings pages itself.

3. Skills:

These are the qualities or characteristics of the individuals. The skills can be

acquired by learning, observations, and experience.

Vega has following skills in its employees in key position-

Leadership

Good knowledge

Coordinating

Technical skills

4. Shared values:

Shared values are the mission and vision, objectives of the organization which

is mentioned in the company profile in detail.

5. Strategies

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It refers to the marketing mix used by the marketing department for their

functioning.

6. Style:

The style refers to the techniques used in the day to day activities to make their

works simplified as they used in production department.

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PRODUCTION DEPARTMENT

Mr. Suhas one of the director of the Co. he manages the moulding and assembly

unit. The purchase manager manages the tailoring unit. The production function starts

when these units get Job card which contains the details of the product such as the model

and the color etc.

The production process is divided into the different units such as

Molding unit

Tailoring unit

Assembly unit

Moulding unit:

1) Making moulds:

The moulds are prepared of the fiber glass paper. The R&D Department gives the

design as per the customer requirement. If it is an export the importer supplies the

designs.

2) Making of Helmet shell:

After the fiber glass is stitched in the moulds with the help of the resin and the

hardness is added to the resin. It is also important one.

3) Drying:

After 20-30 minutes in the atmosphere to get dry. If the climate is cold then the

heating bulbs are used to dry the moulds.

4) Cutting the shell:

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Once the shell is dried it is opened and extra fiber glasses cut to get a proper

shape.

5) Sanding:

The sanding paper is used to level the shells.

6) Lambi:

This is a paste that covers the tiny holes on the helmet shell.

7) Sanding:

The sanding paper is used to remove the extra lambi paste on the helmet shell.

This is done when the lambi is dried.

8) Cutting and drilling:

The helmet shell is cut as per the design and the holes are drilled for the

ventilation

9) Primer:

The primer is applied on the helmet shell to have a smooth surface.

10) Polishing:

The helmet shell is polished with the help of the polishing machine to give more

smoothness to the surface.

These helmet shells are transferred to the assembly unit for the further process.

Tailoring unit:

1) Gumming:

The thermocol of a helmet shape are gummed and kept for a day

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2) Grinding:

The thermocol is cut into proper size with the help of the grinding machine so that

fit properly in the shell.

3) Cutting foam:

The foam is cut as per the models in different pieces

4) Stitching:

Different parts of the foam are stitched. Ex. Belt etc.

5) Pasting:

The foam is pasted to the thermocol shell. Then the lining cloth is used to cover

the foam. These thermocol shells are then send to the assembly unit.

Assembly unit:

1) Sanding:

The helmet shells which come from the molding unit are leveled by sanding.

2) Painting:

The helmet shells are painted as per the specifications given in the job card. The

painted shell is kept for a day to get dry. If there are two or more colors then it takes long

time to get the helmet painted.

3) Stickers:

The stickers are stitched on the helmet that has the model name the logo of the

company.

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4) Laser:

This is like a polishing liquid that is sprayed on the helmet shell to give the shine.

It makes the surface water proof and stickers and paints are protected.

5) Beading:

The rubber ring is used to cover the helmet Connors and then the thermocol shell

is pasted in the helmet shell. The locks are attached to it. The last process is to attach the

visor if the helmet is full face. Finally these helmets are ready for packaging.

MARKETING DEPARTMENT

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Mr. Giridhari. P. Chandak is a marketing manager and also he is purchasing

manager. In the marketing department we are going to study the whole structure of the

business i.e. the sales, delivery, packaging& dispatch etc.

Marketing manager has to struggle to control internal environmental facts. He

has control over these namely four p’s of mix namely Product, Price, Promotion& Place

1) Product:

Vega auto accessories PVT Ltd. is a manufacturing unit. It produces different

types of products like open face helmets and full face helmets and Vega produces

different colors and designs of helmets. Vega provides quality helmets and accessories at

the lowest possible price. Vega puts it label, brand name and trade mark i.e. ISI mark etc.

Vega auto accessories also produces Tea-shirts, caps, bags and small parts of helmet like

locks, visors, helmet stickers etc..

2) Place:

The Vega Auto Accessories PVT Ltd is situated in the northern side of the

Belgaum & in an industrial area called Udyambag. It is a very nice place because it is

nearest to market and city. All the facilities are available like transportation facility,

market men and electricity facilities are available.

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DISRIBUTION CHANNEL OF VEGA AUTO ACCESSOIES PVT LTD

3) Price:

Price policy of Vega auto accessories 12+ or 36+ helmet order locks in the

discount price level for the balance of the calendar year. Dealers must qualify each year

for discount pricing.

4) Promotion:

Vega auto accessories great products and efficient friendly service ensure

your satisfaction with our products. If an item is not every thing you expect we will

replace it, exchange it, or credit your account if you contact us within 5 business days of

receipt. The “Vega” trademark is an important asset. Using the “Vega” name trademark,

images, model names are no in any media, including but not limited to news papers,

magazines, internet, TV, radio, etc.

Consumer segment

Consumer

Business

PRODUCER Retail

Distribution Dealer

Business segmentation

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PURCHASE DEPARTMENT

Mr. Giridhari Chandak is a manager of this department. He also manages the

tailoring unit of production process. All the activities of the department were seen by him

with the help of the assistant managers

The department performs the following functions:

To keep the records of daily inventory of the raw materials, finished goods, semi

finished goods.

To order the required material if they are reached at the minimum level.

He is responsible to see that the payment is made to the vendors by the accounts

department.

He looks after the workers of the tailoring department i.e. if they have some problems

he tries to solve or pass it to upper level of hierarchy.

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RAW MATERIALS

Raw materials Suppliers

Fibre glass paper Swati chemicals, Bangalore

Resin Polyelone ployment- Mumbai

Sanding paper Gerijoj trading co.Mumbai

Accelerator & catalyst Xerox chemicals Ltd. Bangalore

Rubber beading Auto hood store-Mumbai

Stickers Good works& co- New Delhi

Barrow tape Elma tools- Mumbai

Locks Sani plastic- Belgaum

Belts Sani plastic- Belgaum

Foam ufoam- Hyderabad

Copper revit Metation- Mumbai

Anabound (glow) Simpex New Delhi

Paints Colour- Mumbai

Lining cloths Tritain syntactic- Banglore

Box (packing) Swati paint pack- Nasik

Liner Anil polymers-Ahemdabad

Primer S.D.Paints- Mumbai

37


PACKAGING DEPARTMENT

After the final inspection is done the products are send for packaging. The

helmets are put in cotton bags and packed in card board boxes to prevent any damages to

goods. Then the goods are dispatched through and in case of export they are put in

container and sent to the assigned customers

Here they maintain all the requirements in packaging ie

Labeling

Trademark

Bar-coding

Packing-I

Packing-II

Packing-III

Dispatching

Labeling:

Here the company label stickers are put on the product for the identification of

brand

Trade mark:

In this process the trademark like ISI are sticked on the product for its guarantee, for its

reliable ness by the known authority.

Bar-coding:

Here the code which is only read by the company machines is labeled.

Packing-I:

Here the first packing is done i.e. plastic cover packing

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Packing-II:

Here the second packing means the first plastic covered products are put in the

boxes for its safety.

Packing-III:

Here the third packing means the second plastic covered item are then packed in

for Box its parcel to out side the country

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FINANCE DEPARTMENT

Mr. Dilip. Chandak managing director and the head of the financial departments.

All the financial affairs to the company are deal with through this dept. the following is

the organizational chart of Vega’s finance a/c dept.

Mr. Dilip. Chandak manager of this dept. has two assistants who assist him to carry out

the following jobs.

Maintaining the books of accounts

Issuing cash to the required dept

Preparing the invoice and bills

This dept is completely computerized. They carry the cash transaction through the

State Bank of India

Here all the payments of staff members are made through the online system. Here

all the staff members get their salary through ATM & not by cash or hard.

Here the payment of stock or purchase are made by the DD

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RESEARCH AND DEVELOPMENT

This department is managed by Mr. Uttam Chandak. They have a technical

assistance from COMPOCH COMPOSITE of the Italy COSMOPOLITAN Motors of

USA and marong these companies update the information’s of Vega by giving the

information’s about the change in the market such as new technology used to

manufacture the helmet. The new design needed the international market and so on.

The function of the department is as follows:

To find the new vendor only if there is a problem with the old vendor or if they are

charging high price.

To solve any technical problem if arises in the production department.

To test the raw materials i.e. if they are of the required quality.

To design a helmet as per the information provided by the marketing dept. based on the

needs of the customer and the market demand.

The amount spent on the Research and Development is 5-7% of the turn over. In

future it is estimated that it may increase to 12% as they are setting up a new production

plant.

This is all about the departmental structure of the organization Vega. In all the

departments of Vega’s structure is very simple.

Designing complex helmets manufacturers in the world to be able to deliver to

custom made helmets with unique and attractive design and model to choose from.

As we know it is a fully computerized R&D dept, which is the key successful

factor of the company. Vega utilizes the latest technology in copy CAD for reverse

engineering and also develops the machine programs for all the moulds tools using

declaims power mill, thus it is running the all parameters of business in a very successful

41


and competitive manner. The entire area covered by the company is around 40000 sq. ft.

in its functioning at a very centralized place in the city.

It is said in Marathi, murti lahan pun kirti Mahan i.e. small in size but big in its

popularity/ familiarity. Thus Vega becomes a name which is known for helmets, but in

Belgaum it is a real fact that the helmets are known to the people by VEGA. This is so

because helmets are manufactured in Vega when in Belgaum it doesn’t have any demand.

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QUALITY CONTROL DEPARTMENT

Quality control is the main thing which is required by the production company.

The Vega has ISO 9000 – 200 I quality marks and it products ISI quality helmets.

The quality control department is emphasis on quality maintenance at the every

stage of the production.

The products are produced according to the specification and the quality is

maintained at every stage.

Manufacturing the specified quality and quantity of helmets given by clients by

and customers.

There are supervisors who regularly check every helmet so that quality is

maintained.

After each process is finished the supervisor check the product and it is not

standard then they reject the sample.

At last the final testing is done and the product is passed to selling it of the desired

quality.

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OBJECTIVES OF THE COMPANY

The Vega Auto Accessories have their own style in the objectives to each part

I- Customer

Offer the most feasible solution

Offer standardized product

Maintain consistency in the quality

Process the order in time

Meeting the statutory requirements in time

II- Business strategy

Increase turn over and profit

Be the best in the industry

No market exploitation

Proving its capability & strengths with unity

III- Operation

Best environment for work

Maintain consistency in quality

Reduced cycle time of operation

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Ensure customer satisfaction

Improve standard

IV- Employee

Provide better working condition

Pay fair wages

Do not employee minor

Follow labour laws

V- Society

Responsible corporate citizenship

Involvement with surrounding community

Reduce pollution and per sure environment

Provide employment opportunities

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SWOT ANALYSIS

Here we can see the strong and week points and the future opportunities & risk

the company is going to face.

S - Strengths

W-Weaknesses`

O- Opportunities

T- Threats

STRENGHS:

Modern technologies and equipments, hi-tech machineries

Both the combination of work i.e. man and machinery

Very simple and efficient management

Only sufficient working hours, no over burden work

WEAKNESSES:

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Lack of skills in workers i.e. only educated and not graduate are more in number

in the workers

No space for outsider in top management

Only product oriented company i.e. only helmet

OPPORTUNITIES:

Brand popularity in market i.e. why they easily brand their manufacturing product

no’s.

Globalization in market

Well maintained value for the business

Scope in making the company fully machineries

THREATS:

Increasing number of competitors

No permanency of design accepted by the customer

Vigorous or plentiness in manufacturing unit compare to customer

High rate of taxes imposed on products on importing

Only one brand and no sub brands.

Political and legal implications or conditions of the government.

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FINDINGS

There is a good relationship of employee with their superior management

Vega Auto Accessories provides good quality products to the customers.

The organization is not providing more welfare facilities to the employees

because there is huge number of temporary workers

Company workers are well discipline and attend their duties in time

Working environment in the company is good

The premises of Vega Auto Accessories are kept clean

The company has fully implemented TQM in the organization

The security department is very strict

There is no canteen facilities to their worker

Only sufficient working hours no over burdened work

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SUGGESTION

Provide Safety measures to contact a temporary employee

Arranging motivational programs for employees

Provide canteen facilities to their workers

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CONCLUSION

Organization study at Vega Auto accessories Pvt. Limited has been a great

experience. It has helped me to understand the working of an organization to a great

extent. This has also been an excellent learning process with respect to interaction with

different people from various departments. The kind of practical exposure it has rendered

me is exceptional. The study has lead me to understand the various strategies relating to

production, marketing, HR, finance etc.

The company was extremely helpful in providing all the requisite information.

The heads of the various departments were always accessible to gather the information

from them. The facts and figures required were told without any hesitations.

Overall it was a great way of learning about the organization’s functioning and

the way of developing interaction skills, which will definitely be a great guidance for my

future.

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BIBLIOGRAPHY

BUSINESS ORGANISATION

BY Mr. K BHUSHAN

PRINCIPLE OF MARKETING

BY PHILIP KOTLER

COMPANY REPORTS AND RECORDS

INTERNET

www.vegahelmets.com

www.vegaauto.com

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